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Author Topic: .015 BTC Loan  (Read 1342 times)
nkocevar (OP)
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May 05, 2014, 01:54:49 PM
Last edit: May 05, 2014, 02:37:25 PM by nkocevar
 #1

.015 BTC loan, repayment on June 1st of .03 BTC aka 2x your money. I am paying you back with money from my earnings from sig campaign.

**EDIT**
There is a chance I will pay you back earlier. It all depends on the next time I make some BTCs. The next GUARANTEED time is June 1st.

nkocevar (OP)
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May 05, 2014, 01:56:08 PM
 #2

No collateral atm

ncsupanda
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May 05, 2014, 02:29:07 PM
 #3

No collateral atm

ANDDDDD There's the problem.
nkocevar (OP)
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May 05, 2014, 02:36:27 PM
 #4

No collateral atm

ANDDDDD There's the problem.

I was assuming since the loan is of little value, no collateral would be required. If it was, say, .05 BTC or higher, I would throw in some more BTCs as collateral.

ncsupanda
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May 05, 2014, 02:37:55 PM
 #5

No collateral atm

ANDDDDD There's the problem.

I was assuming since the loan is of little value, no collateral would be required. If it was, say, .05 BTC or higher, I would throw in some more BTCs as collateral.

Why would you ever use BTC collateral for a BTC loan?

"Yeah, I need 40 dollars. I'll give you 20 dollars for it!"
nkocevar (OP)
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May 05, 2014, 02:39:20 PM
 #6

No collateral atm

ANDDDDD There's the problem.

I was assuming since the loan is of little value, no collateral would be required. If it was, say, .05 BTC or higher, I would throw in some more BTCs as collateral.

Why would you ever use BTC collateral for a BTC loan?

"Yeah, I need 40 dollars. I'll give you 20 dollars for it!"

Its common?

nkocevar (OP)
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May 05, 2014, 02:39:58 PM
 #7

No collateral atm

ANDDDDD There's the problem.

I was assuming since the loan is of little value, no collateral would be required. If it was, say, .05 BTC or higher, I would throw in some more BTCs as collateral.

Why would you ever use BTC collateral for a BTC loan?

"Yeah, I need 40 dollars. I'll give you 20 dollars for it!"

Its common?

As long as I am sure I can pay back the loan.

eternalgloom
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May 05, 2014, 02:58:16 PM
 #8

You might be better off just asking on one of the lending threads, I've seen a couple that offer loans without collateral

ncsupanda
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May 05, 2014, 02:59:02 PM
 #9

No collateral atm

ANDDDDD There's the problem.

I was assuming since the loan is of little value, no collateral would be required. If it was, say, .05 BTC or higher, I would throw in some more BTCs as collateral.

Why would you ever use BTC collateral for a BTC loan?

"Yeah, I need 40 dollars. I'll give you 20 dollars for it!"

Its common?

As long as I am sure I can pay back the loan.

Right. As long as YOU are sure that you can pay back.

Most people aren't going to loan based on good faith for BTC - have collateral, or it's likely you won't get a loan. I'm sorry.  Sad
tertius993
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May 06, 2014, 11:31:13 AM
 #10

On the other hand he is a long standing member (nearly a year) with a decent record of contribution (I.e. Not all in gambling and lending ...).

OP, if you can wait 6 hours or so I'll take it on.
nkocevar (OP)
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May 06, 2014, 01:44:33 PM
 #11

On the other hand he is a long standing member (nearly a year) with a decent record of contribution (I.e. Not all in gambling and lending ...).

OP, if you can wait 6 hours or so I'll take it on.

Ill wait for ya Smiley

byt411
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May 06, 2014, 04:26:49 PM
 #12

No collateral atm

ANDDDDD There's the problem.

I was assuming since the loan is of little value, no collateral would be required. If it was, say, .05 BTC or higher, I would throw in some more BTCs as collateral.

Why would you ever use BTC collateral for a BTC loan?

"Yeah, I need 40 dollars. I'll give you 20 dollars for it!"

Its common?

No, it's not. You use altcoins for collateral. If you use BTC as collateral when borrowing BTC, you seriously need a mental check.
johnmatrix
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May 06, 2014, 06:19:52 PM
 #13

No collateral atm

ANDDDDD There's the problem.

I was assuming since the loan is of little value, no collateral would be required. If it was, say, .05 BTC or higher, I would throw in some more BTCs as collateral.

Why would you ever use BTC collateral for a BTC loan?

"Yeah, I need 40 dollars. I'll give you 20 dollars for it!"

Its common?

No, it's not. You use altcoins for collateral. If you use BTC as collateral when borrowing BTC, you seriously need a mental check.

And.. with altcoins is pretty the same..  why dont you just trade the alts and get your btcs right away.. if you are expexting a rise on the price and it occurs your alts price can overtake alot the price of the loan and your lender can scamm you
byt411
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May 06, 2014, 06:22:51 PM
 #14

No collateral atm

ANDDDDD There's the problem.

I was assuming since the loan is of little value, no collateral would be required. If it was, say, .05 BTC or higher, I would throw in some more BTCs as collateral.

Why would you ever use BTC collateral for a BTC loan?

"Yeah, I need 40 dollars. I'll give you 20 dollars for it!"

Its common?

No, it's not. You use altcoins for collateral. If you use BTC as collateral when borrowing BTC, you seriously need a mental check.

And.. with altcoins is pretty the same..  why dont you just trade the alts and get your btcs right away.. if you are expexting a rise on the price and it occurs your alts price can overtake alot the price of the loan and your lender can scamm you

First, use escrow or accept a loan from a trusted member. Second, because you believe that the altcoin will rise in price.
If you think BTC price will rise, then why not just hold and keep your BTC?
tertius993
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May 06, 2014, 06:34:53 PM
 #15

Apologies for the delay.

To confirm terms:
Loan amount: 0.015 BTC
Repayment amount: 0.030
Repayment due: no later than 1 June 2014

If acceptable please post here, and let me have your BTC address.
nkocevar (OP)
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May 06, 2014, 08:29:28 PM
 #16

Apologies for the delay.

To confirm terms:
Loan amount: 0.015 BTC
Repayment amount: 0.030
Repayment due: no later than 1 June 2014

If acceptable please post here, and let me have your BTC address.

Acceptable Smiley PM will be sent with btc address

tertius993
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May 06, 2014, 08:46:18 PM
 #17

Apologies for the delay.

To confirm terms:
Loan amount: 0.015 BTC
Repayment amount: 0.030
Repayment due: no later than 1 June 2014

If acceptable please post here, and let me have your BTC address.

Acceptable Smiley PM will be sent with btc address

BTC sent, TxID: 447677d7bf65f91afd05e3f2d26dd011c8b341f5c7b855e64e2fbcf96e7f8b98
monbux
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May 06, 2014, 09:27:50 PM
 #18

No collateral atm

ANDDDDD There's the problem.

I was assuming since the loan is of little value, no collateral would be required. If it was, say, .05 BTC or higher, I would throw in some more BTCs as collateral.

Can I haz four 0.015 BTC loans then?  No collateral. Roll Eyes Roll Eyes

Quote
On the other hand he is a long standing member (nearly a year) with a decent record of contribution
Cheap accounts for sale Grin  Course it could legitimately be his account, I'm just bringing up the fact that post counts, activity, and membership do not matter.  Collateral does.

Even though this is a minuscule loan, bigger loans will occur in the future.
acs267
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May 06, 2014, 09:38:03 PM
 #19

Apologies for the delay.

To confirm terms:
Loan amount: 0.015 BTC
Repayment amount: 0.030
Repayment due: no later than 1 June 2014

If acceptable please post here, and let me have your BTC address.

Acceptable Smiley PM will be sent with btc address

BTC sent, TxID: 447677d7bf65f91afd05e3f2d26dd011c8b341f5c7b855e64e2fbcf96e7f8b98

Hope you get repaid.
nkocevar (OP)
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May 30, 2014, 08:31:30 PM
 #20

Payment sent back https://blockchain.info/tx/604107a888f8128a294c7be14bad446290d435d2b3e3116ad2126655eb961645 Thanks for doing business with me Wink

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