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Author Topic: I would like to borrow 0.0054 BTC  (Read 208 times)
Lbridges3001 (OP)
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May 26, 2023, 01:35:37 PM
 #1

Hi, I'm looking to borrow 0.0054 BTC and I'm willing to pay 0.0060 in return in a week.

Here's my BTC wallet: bc1qf87309gn2gne85tf5wq5u4vy755hws5y6jkead
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May 26, 2023, 01:49:18 PM
 #2

Hi, I'm looking to borrow 0.0054 BTC and I'm willing to pay 0.0060 in return in a week.

Here's my BTC wallet: bc1qf87309gn2gne85tf5wq5u4vy755hws5y6jkead

Where is the collateral part?

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Lbridges3001 (OP)
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May 26, 2023, 01:53:46 PM
 #3

I'm not familiar with the collateral part - could you explain and I'll address.
gordonics.com
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May 26, 2023, 02:39:41 PM
 #4

You have zero credibility as a new user (like me for that matter). So as a guarantee you should offer an asset that exceeds the value of the loan you ask for.
Lbridges3001 (OP)
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May 26, 2023, 02:50:24 PM
 #5

You have zero credibility as a new user (like me for that matter). So as a guarantee you should offer an asset that exceeds the value of the loan you ask for.

Collateral in regards to another form of crypto? I have personal collateral.
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May 26, 2023, 02:52:32 PM
 #6

It has to be something you can deliver to your lender.
Material property is difficult to entrust unless you live nearby.
For this reason, other crypto coins are usually used as a guarantee deposit to be delivered online to the lender.
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May 26, 2023, 02:53:37 PM
 #7

More information in the top post of this section:

https://bitcointalk.org/index.php?topic=577765.0
Lbridges3001 (OP)
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May 26, 2023, 03:21:55 PM
 #8

It has to be something you can deliver to your lender.
Material property is difficult to entrust unless you live nearby.
For this reason, other crypto coins are usually used as a guarantee deposit to be delivered online to the lender.

Understood! Greatly appreciated. I'll look into this.
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May 26, 2023, 11:54:48 PM
 #9

You have to leave something of high liquidity for the lender so that he can sell it off to recover the money in case you default the loan. Just like you would go to the bank and ask for a loan, you have to provide collateral.

I am sure you know how the internet is filled with scammers so, no-collateral loans for a user without even reputation is a no-go zone for the lenders

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May 27, 2023, 10:50:58 AM
 #10

Didn't I see you getting turned down by shasan only a day or two ago?

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May 27, 2023, 11:26:57 AM
Last edit: May 27, 2023, 01:04:46 PM by Mr. Big
 #11

You have to leave something of high liquidity for the lender so that he can sell it off to recover the money in case you default the loan. Just like you would go to the bank and ask for a loan, you have to provide collateral.

I am sure you know how the internet is filled with scammers so, no-collateral loans for a user without even reputation is a no-go zone for the lenders

Understood. I'm new on here so I don't know how things work. I'm still learning.



Didn't I see you getting turned down by shasan only a day or two ago?

Yes, he didn't give me a reason or anything. I didn't know Shasan was the only lender on here. Also, the people responding has given me some insight on what it is I need to do when asking for a loan. If you saw that he rejected my request, surely you saw my follow-up question that was never answered. Thanks
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May 27, 2023, 12:37:00 PM
 #12

Loan Amount: 0.0088 BTC
Loan Purpose: Personal
Loan Repay Amount: whatever is required
Loan Repay Date: 5/26/2023
Type of Collateral: None
Escrow profile Link: None
Bitcoin Address: bc1qf87309gn2gne85tf5wq5u4vy755hws5y6jkead
Rejected, sorry.

Didn't I see you getting turned down by shasan only a day or two ago?

Yes, he didn't give me a reason or anything. I didn't know Shasan was the only lender on here. Also, the people responding has given me some insight on what it is I need to do when asking for a loan. If you saw that he rejected my request, surely you saw my follow-up question that was never answered. Thanks

So you thought you'd ask three more times in as many days *after* being told no to your first post?

I wouldn't lend you anything either with that kind of temperament.




I try not to bet against or with my team. It's just something that makes me feel as if I'm being janky or something.

And looky here - your only NON lending post ever is in the gambling section.

Lbridges3001 (OP)
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May 27, 2023, 01:29:25 PM
 #13

Loan Amount: 0.0088 BTC
Loan Purpose: Personal
Loan Repay Amount: whatever is required
Loan Repay Date: 5/26/2023
Type of Collateral: None
Escrow profile Link: None
Bitcoin Address: bc1qf87309gn2gne85tf5wq5u4vy755hws5y6jkead
Rejected, sorry.

Didn't I see you getting turned down by shasan only a day or two ago?

Yes, he didn't give me a reason or anything. I didn't know Shasan was the only lender on here. Also, the people responding has given me some insight on what it is I need to do when asking for a loan. If you saw that he rejected my request, surely you saw my follow-up question that was never answered. Thanks

So you thought you'd ask three more times in as many days *after* being told no to your first post?

I wouldn't lend you anything either with that kind of temperament.




I try not to bet against or with my team. It's just something that makes me feel as if I'm being janky or something.

And looky here - your only NON lending post ever is in the gambling section.

Since apparently you're the "gatekeeper" of this forum, you would know that the gambling section isn't my only comment or response since you can research pretty good. And what temperament? I asked again after he didn't provide any feedback. So what's your point? You don't have one. You act like I got mad and said something crazy. I get it. You just want to be negative and comment. Enjoy
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May 27, 2023, 04:38:22 PM
 #14

I have personal collateral.

Care to elaborate?  You can send me a PM if you prefer.

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May 29, 2023, 11:53:43 AM
 #15

direwolf and timelord are the beste gatekeepers of this lending section !
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