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Author Topic: 0.0168 BTC loan, 10%, 8 weeks.  (Read 429 times)
BabyBandit
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September 20, 2023, 11:16:13 AM
 #21

This section is fed by people who live in poor countries (and have low incomes as well as poor access to credit if at all) or gamblers, and you don't seem to be either of the two cases.

Gambling is exactly what he's trying to do here.  He's gambling on the price of bitcoin, only he want's a lender to take all the risk.   Wink

Imagine if you could gamble without risk and only reward. I would love it!  Tongue

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According to NIST and ECRYPT II, the cryptographic algorithms used in Bitcoin are expected to be strong until at least 2030. (After that, it will not be too difficult to transition to different algorithms.)
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Timelord2067
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September 20, 2023, 12:52:06 PM
 #22

Irony.

...

Gambling is exactly what he's trying to do here.  He's gambling on the price of bitcoin, only he want's a lender to take all the risk.   Wink

Just.

Like.

HedgeFx.




(I call you out! DireWolfM14)

DireWolfM14
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September 20, 2023, 01:30:53 PM
 #23

I call you out! DireWolfM14

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September 20, 2023, 01:53:06 PM
Last edit: September 20, 2023, 02:08:50 PM by HedgeFx
 #24

You Can’t live without wrote something (wrong) about me, true?

"Oh Timelord2067. Can't you go 5 seconds without humiliating yourself?"







Just.

Like.

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(I call you out! DireWolfM14)
JollyGood
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September 20, 2023, 02:52:36 PM
 #25

Gambling without real risk but with anticipated excess return is the dream of many. Though volatility comes in different shapes and sizes it would be far too big a risk if all the lenders in the forum did exactly what the OP was looking to do (borrow in USD$ equivalent in BTC but repay specifically in USD$). The lenders market would collapse especially if over-confident loanees were timing the transaction to take place at a time of an expected bull run.

Imagine if you could gamble without risk and only reward. I would love it!  Tongue

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BabyBandit
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September 21, 2023, 12:05:09 AM
Last edit: September 21, 2023, 01:36:56 AM by BabyBandit
 #26

You Can’t live without wrote something (wrong) about me, true?

"Oh Timelord2067. Can't you go 5 seconds without humiliating yourself?"







Just.

Like.

HedgeFx.




(I call you out! DireWolfM14)

Bro please. Don't insult Mr Simpson like that!  Cry





Gambling without real risk but with anticipated excess return is the dream of many. Though volatility comes in different shapes and sizes it would be far too big a risk if all the lenders in the forum did exactly what the OP was looking to do (borrow in USD$ equivalent in BTC but repay specifically in USD$). The lenders market would collapse especially if over-confident loanees were timing the transaction to take place at a time of an expected bull run.

Imagine if you could gamble without risk and only reward. I would love it!  Tongue

Oh I see. Thanks for explaining!  Smiley

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