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Author Topic: Request loan 0.0015 btc  (Read 418 times)
PalermoMoon (OP)
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August 10, 2022, 02:28:11 AM
 #1

Loan Amount: 0.0015 btc
Loan Purpose: Personal
Loan Repay Amount: 0.002 btc
Loan Repay Date: August 12
Type of Collateral: Tron or Doge
Btc address: 3N8E1EpzwNh7fV6PZirHipBizWSpsqbGo5
Timelord2067
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August 10, 2022, 07:31:39 AM
 #2

Loan Amount: 0.0015 btc
Loan Purpose: Personal
Loan Repay Amount: 0.002 btc
Loan Repay Date: August 12
Type of Collateral: Tron or Doge
Btc address: 3N8E1EpzwNh7fV6PZirHipBizWSpsqbGo5


Curiously, Coinmarketcap is suggesting both DOGE and TRON are 0.00000297 at the moment.

BTC 0.001 of each would be approx 335.  So, rule of thumb, 125% of amount borrowed/risk would be approx 421 of each you would be offering as collateral.

PalermoMoon (OP)
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August 10, 2022, 10:13:56 AM
 #3

Loan Amount: 0.0015 btc
Loan Purpose: Personal
Loan Repay Amount: 0.002 btc
Loan Repay Date: August 12
Type of Collateral: Tron or Doge
Btc address: 3N8E1EpzwNh7fV6PZirHipBizWSpsqbGo5


Curiously, Coinmarketcap is suggesting both DOGE and TRON are 0.00000297 at the moment.

BTC 0.001 of each would be approx 335.  So, rule of thumb, 125% of amount borrowed/risk would be approx 421 of each you would be offering as collateral.

No problem , send me wallet
condoras
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August 10, 2022, 10:57:19 AM
 #4

Loan Amount: 0.0015 btc
Loan Purpose: Personal
Loan Repay Amount: 0.002 btc
Loan Repay Date: August 12
Type of Collateral: Tron or Doge
Btc address: 3N8E1EpzwNh7fV6PZirHipBizWSpsqbGo5


Curiously, Coinmarketcap is suggesting both DOGE and TRON are 0.00000297 at the moment.

BTC 0.001 of each would be approx 335.  So, rule of thumb, 125% of amount borrowed/risk would be approx 421 of each you would be offering as collateral.

Just for the record, you forgot to include transaction fees for 2 transactions that burden the borrower... Tongue
Anyway, if PalermoMoon wants to proceed with this loan request, I can cover it if Timelord2067 doesn't want to.

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.Duelbits.
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/// PLAY FOR  FREE  ///
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..PLAY NOW..
PalermoMoon (OP)
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Activity: 32
Merit: 0


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August 10, 2022, 10:58:12 AM
 #5

Loan Amount: 0.0015 btc
Loan Purpose: Personal
Loan Repay Amount: 0.002 btc
Loan Repay Date: August 12
Type of Collateral: Tron or Doge
Btc address: 3N8E1EpzwNh7fV6PZirHipBizWSpsqbGo5


Curiously, Coinmarketcap is suggesting both DOGE and TRON are 0.00000297 at the moment.

BTC 0.001 of each would be approx 335.  So, rule of thumb, 125% of amount borrowed/risk would be approx 421 of each you would be offering as collateral.

Just for the record, you forgot to include transaction fees for 2 transactions that burden the borrower... Tongue
Anyway, if PalermoMoon wants to proceed with this loan request, I can cover it if Timelord2067 doesn't want to.

It's okay , send trx address please
condoras
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August 10, 2022, 11:04:13 AM
 #6

Loan Amount: 0.0015 btc
Loan Purpose: Personal
Loan Repay Amount: 0.002 btc
Loan Repay Date: August 12
Type of Collateral: Tron or Doge
Btc address: 3N8E1EpzwNh7fV6PZirHipBizWSpsqbGo5


Curiously, Coinmarketcap is suggesting both DOGE and TRON are 0.00000297 at the moment.

BTC 0.001 of each would be approx 335.  So, rule of thumb, 125% of amount borrowed/risk would be approx 421 of each you would be offering as collateral.

Just for the record, you forgot to include transaction fees for 2 transactions that burden the borrower... Tongue
Anyway, if PalermoMoon wants to proceed with this loan request, I can cover it if Timelord2067 doesn't want to.

It's okay , send trx address please

I prefer to send/ use DOGE as collateral. If you can only do Tron, I'm sorry but I can't help you out.

███████████████████████████
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.
.Duelbits.
..........UNLEASH..........
THE ULTIMATE
GAMING EXPERIENCE
DUELBITS
FANTASY
SPORTS
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/// PLAY FOR  FREE  ///
WIN FOR REAL
..PLAY NOW..
PalermoMoon (OP)
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Activity: 32
Merit: 0


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August 10, 2022, 11:08:49 AM
 #7

Loan Amount: 0.0015 btc
Loan Purpose: Personal
Loan Repay Amount: 0.002 btc
Loan Repay Date: August 12
Type of Collateral: Tron or Doge
Btc address: 3N8E1EpzwNh7fV6PZirHipBizWSpsqbGo5


Curiously, Coinmarketcap is suggesting both DOGE and TRON are 0.00000297 at the moment.

BTC 0.001 of each would be approx 335.  So, rule of thumb, 125% of amount borrowed/risk would be approx 421 of each you would be offering as collateral.

Just for the record, you forgot to include transaction fees for 2 transactions that burden the borrower... Tongue
Anyway, if PalermoMoon wants to proceed with this loan request, I can cover it if Timelord2067 doesn't want to.

It's okay , send trx address please

I prefer to send/ use DOGE as collateral. If you can only do Tron, I'm sorry but I can't help you out.

Ok send me Doge wallet
PalermoMoon (OP)
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August 10, 2022, 11:27:21 AM
 #8

@condoras or @Timelord2067 help with the loan

Send me DOGE wallet
condoras
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August 10, 2022, 11:30:28 AM
 #9

Loan Amount: 0.0015 btc
Loan Purpose: Personal
Loan Repay Amount: 0.002 btc
Loan Repay Date: August 12
Type of Collateral: Tron or Doge
Btc address: 3N8E1EpzwNh7fV6PZirHipBizWSpsqbGo5


Curiously, Coinmarketcap is suggesting both DOGE and TRON are 0.00000297 at the moment.

BTC 0.001 of each would be approx 335.  So, rule of thumb, 125% of amount borrowed/risk would be approx 421 of each you would be offering as collateral.

Just for the record, you forgot to include transaction fees for 2 transactions that burden the borrower... Tongue
Anyway, if PalermoMoon wants to proceed with this loan request, I can cover it if Timelord2067 doesn't want to.

It's okay , send trx address please

I prefer to send/ use DOGE as collateral. If you can only do Tron, I'm sorry but I can't help you out.

Ok send me Doge wallet

The collateral amount that you have to send is 632.5 DOGE. Confirm the amount and then I provide you with the address.

███████████████████████████
███████▄████████████▄██████
████████▄████████▄████████
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███████████████████████████
.
.Duelbits.
..........UNLEASH..........
THE ULTIMATE
GAMING EXPERIENCE
DUELBITS
FANTASY
SPORTS
████▄▄█████▄▄
░▄████
███████████▄
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VS
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/// PLAY FOR  FREE  ///
WIN FOR REAL
..PLAY NOW..
PalermoMoon (OP)
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Activity: 32
Merit: 0


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August 10, 2022, 11:34:53 AM
 #10

Loan Amount: 0.0015 btc
Loan Purpose: Personal
Loan Repay Amount: 0.002 btc
Loan Repay Date: August 12
Type of Collateral: Tron or Doge
Btc address: 3N8E1EpzwNh7fV6PZirHipBizWSpsqbGo5


Curiously, Coinmarketcap is suggesting both DOGE and TRON are 0.00000297 at the moment.

BTC 0.001 of each would be approx 335.  So, rule of thumb, 125% of amount borrowed/risk would be approx 421 of each you would be offering as collateral.

Just for the record, you forgot to include transaction fees for 2 transactions that burden the borrower... Tongue
Anyway, if PalermoMoon wants to proceed with this loan request, I can cover it if Timelord2067 doesn't want to.

It's okay , send trx address please

I prefer to send/ use DOGE as collateral. If you can only do Tron, I'm sorry but I can't help you out.

Ok send me Doge wallet

The collateral amount that you have to send is 632.5 DOGE. Confirm the amount and then I provide you with the address.

Confirmed

Address
condoras
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August 10, 2022, 11:51:09 AM
 #11

Loan Amount: 0.0015 btc
Loan Purpose: Personal
Loan Repay Amount: 0.002 btc
Loan Repay Date: August 12
Type of Collateral: Tron or Doge
Btc address: 3N8E1EpzwNh7fV6PZirHipBizWSpsqbGo5


Curiously, Coinmarketcap is suggesting both DOGE and TRON are 0.00000297 at the moment.

BTC 0.001 of each would be approx 335.  So, rule of thumb, 125% of amount borrowed/risk would be approx 421 of each you would be offering as collateral.

Just for the record, you forgot to include transaction fees for 2 transactions that burden the borrower... Tongue
Anyway, if PalermoMoon wants to proceed with this loan request, I can cover it if Timelord2067 doesn't want to.

It's okay , send trx address please

I prefer to send/ use DOGE as collateral. If you can only do Tron, I'm sorry but I can't help you out.

Ok send me Doge wallet

The collateral amount that you have to send is 632.5 DOGE. Confirm the amount and then I provide you with the address.

Confirmed

Address

DOGE address: D5WPKHNroxJUXHmGYUrkjBxeEFrWAsHSHy
After I confirm that I receive them, I will send you 0.0015BTC.

███████████████████████████
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██▀█▀████████████████▀█▀███
███████████████████████████
.
.Duelbits.
..........UNLEASH..........
THE ULTIMATE
GAMING EXPERIENCE
DUELBITS
FANTASY
SPORTS
████▄▄█████▄▄
░▄████
███████████▄
▐███
███████████████▄
███
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.
▬▬
VS
▬▬
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/// PLAY FOR  FREE  ///
WIN FOR REAL
..PLAY NOW..
PalermoMoon (OP)
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Merit: 0


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August 10, 2022, 11:59:13 AM
 #12

Loan Amount: 0.0015 btc
Loan Purpose: Personal
Loan Repay Amount: 0.002 btc
Loan Repay Date: August 12
Type of Collateral: Tron or Doge
Btc address: 3N8E1EpzwNh7fV6PZirHipBizWSpsqbGo5


Curiously, Coinmarketcap is suggesting both DOGE and TRON are 0.00000297 at the moment.

BTC 0.001 of each would be approx 335.  So, rule of thumb, 125% of amount borrowed/risk would be approx 421 of each you would be offering as collateral.

Just for the record, you forgot to include transaction fees for 2 transactions that burden the borrower... Tongue
Anyway, if PalermoMoon wants to proceed with this loan request, I can cover it if Timelord2067 doesn't want to.

It's okay , send trx address please

I prefer to send/ use DOGE as collateral. If you can only do Tron, I'm sorry but I can't help you out.

Ok send me Doge wallet

The collateral amount that you have to send is 632.5 DOGE. Confirm the amount and then I provide you with the address.

Confirmed

Address

DOGE address: D5WPKHNroxJUXHmGYUrkjBxeEFrWAsHSHy
After I confirm that I receive them, I will send you 0.0015BTC.

https://dogechain.info/tx/dbc5164e8a57b4625f7e01c257ace4f453ee009468a411c6ce1f49538ef2f3f4
condoras
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August 10, 2022, 12:11:25 PM
 #13


Please post your BTC address to send you the funds.

███████████████████████████
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███████████████████████████
.
.Duelbits.
..........UNLEASH..........
THE ULTIMATE
GAMING EXPERIENCE
DUELBITS
FANTASY
SPORTS
████▄▄█████▄▄
░▄████
███████████▄
▐███
███████████████▄
███
████████████████
███
████████████████▌
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▬▬
VS
▬▬
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/// PLAY FOR  FREE  ///
WIN FOR REAL
..PLAY NOW..
PalermoMoon (OP)
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August 10, 2022, 12:16:29 PM
 #14


bc1q5f8uj53kt6y666c4gc36n2k574skxmf69xejv6
marcotheminer
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August 10, 2022, 12:22:52 PM
Last edit: August 13, 2022, 10:04:39 AM by marcotheminer
 #15

Nicely executed. Borrowers: this is how collateral is used (if you trust the lender to send first, as was the case here). I would encourage one stipulation re: how is collateral managed if its value drops below loan value, or perhaps increases substantially.

Hash of a comment I'm making, just not yet revealing .. af65d29... nevermind, I rest my case

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August 10, 2022, 12:35:13 PM
 #16


Amount of Loan : 0.0015 BTC- Sent (waiting confirmations)
Amount of Repayment : 0.002BTC
Date of  Full Repayment : 12/08/2022

Please when it will be the time for your repayment, on or before 12/08/2022, let me know so I provide you that time the repayment address. Thank you.

███████████████████████████
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██▀█▀████████████████▀█▀███
███████████████████████████
.
.Duelbits.
..........UNLEASH..........
THE ULTIMATE
GAMING EXPERIENCE
DUELBITS
FANTASY
SPORTS
████▄▄█████▄▄
░▄████
███████████▄
▐███
███████████████▄
███
████████████████
███
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PalermoMoon (OP)
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August 10, 2022, 12:40:22 PM
Last edit: August 10, 2022, 01:00:15 PM by PalermoMoon
 #17


Amount of Loan : 0.0015 BTC- Sent (waiting confirmations)
Amount of Repayment : 0.002BTC
Date of  Full Repayment : 12/08/2022

Please when it will be the time for your repayment, on or before 12/08/2022, let me know so I provide you that time the repayment address. Thank you.

Thank you
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August 10, 2022, 12:45:15 PM
 #18

Out of curiosity: why not use an instant exchange instead? Fixedfloat would have given you 0.0015 Bitcoin for 520 Doge. Then, 2 days from now, you can swap 0.002 Bitcoin back for about 650 Doge. Unless you expect Doge to drop more than 20% in 2 days, that would have been a better deal.

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RikandMorty1
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August 10, 2022, 12:53:54 PM
 #19

Out of curiosity: why not use an instant exchange instead? Fixedfloat would have given you 0.0015 Bitcoin for 520 Doge. Then, 2 days from now, you can swap 0.002 Bitcoin back for about 650 Doge. Unless you expect Doge to drop more than 20% in 2 days, that would have been a better deal.
In addition to that the interest given in this trade is insanly high (32% for only 2 days).

This whole thing is just weird..
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August 10, 2022, 05:27:08 PM
 #20

I can cover it if Timelord2067 doesn't want to.

I went to bed after making the first post, so I missed doing the trade.  I probably would have stipulated 48 hours from when the funds were provided,

Quote
Just for the record, you forgot to include transaction fees for 2 transactions that burden the borrower..

I would assume the borrower and lender each covers their TX fees unless otherwise factored in, but given as RikandMorty1 points out:

In addition to that the interest given in this trade is insanly high (32% for only 2 days).

The repayment amount would cover any nominal TX fees in this instance.

Quote
This whole thing is just weird..

It certainly is.

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