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Author Topic: Offering [INTEREST FREE] Microloans (With and without collateral)  (Read 6314 times)
jdany
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July 17, 2014, 08:50:17 PM
 #41

Repaid:  16f4bb704079d0499b815147f53fa186d93d5e7a45ad7c1504a582554e2278ed
monbux (OP)
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July 17, 2014, 11:52:00 PM
Last edit: May 02, 2020, 09:06:45 AM by mprep
 #42

Repaid:  16f4bb704079d0499b815147f53fa186d93d5e7a45ad7c1504a582554e2278ed

Confirmed, jdany has repaid 1 day early hence a repayment of 0.84 BTC (0.005 BTC reduced)  Collateral has also been returned to the email jdany sent me in PM. 

Thanks for the great lending experience.  Will leave trust feedback!



jdany applied for a 0.3 BTC loan, and he returned 0.31 BTC the next day.  I am posting here for reference.  Thanks for being an awesome borrower. Smiley
tins
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July 21, 2014, 11:01:57 PM
 #43

Do you hold any Doge? If so, would you loan that out?



monbux (OP)
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July 21, 2014, 11:13:15 PM
 #44

Do you hold any Doge? If so, would you loan that out?





Hi,

Sadly, I don't loan out any DOGE, but you can obviously buy it with bitcoin if you need a loan of BTC from me.  I would still expect a repayment in BTC though.
tins
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July 21, 2014, 11:32:28 PM
 #45

Do you hold any Doge? If so, would you loan that out?





Hi,

Sadly, I don't loan out any DOGE, but you can obviously buy it with bitcoin if you need a loan of BTC from me.  I would still expect a repayment in BTC though.


Alright, not a big deal. I appreciate the quick response.
seandaniel
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July 22, 2014, 12:39:48 AM
 #46

Still available for Loan?..
I Badly need 0.2BTC

Thank You
monbux (OP)
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July 22, 2014, 01:06:35 AM
 #47

Still available for Loan?..
I Badly need 0.2BTC

Thank You

Denied.  I have no idea who you are, and IDK if you need it so bad that you might be willing to scam.
Sorry.  If you have a valid collateral to offer (which I'm guessing you don't) feel free to bring it up and I'll supply you with a loan Smiley
seandaniel
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July 22, 2014, 01:12:48 AM
 #48

Still available for Loan?..
I Badly need 0.2BTC

Thank You

Denied.  I have no idea who you are, and IDK if you need it so bad that you might be willing to scam.
Sorry.  If you have a valid collateral to offer (which I'm guessing you don't) feel free to bring it up and I'll supply you with a loan Smiley


Ok no problem.

Thanks Smiley
monbux (OP)
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August 09, 2014, 02:03:45 PM
 #49

Bump!  This stuff is still on, yeah! Smiley
waterpile
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August 09, 2014, 02:34:21 PM
 #50

Hello, I want to loan .01 BTC collateral is 120k Reddcoin.
3 days to pay
xkrishna
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August 10, 2014, 04:14:23 AM
 #51

I NEED 10 USD skrill bal

or 0.02 BTC

, please help me this time, i will do whatever u say,

i WILL pay u soon, i am from india, please anyone.....

Darth0ne
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August 12, 2014, 10:48:11 AM
 #52

I'm looking for a loan of 1 BTC

I can offer CloakCoin as collateral.


I need the loan for about 2 weeks plus a day.

I get a cheque in 2 weeks for over $900 so that is how I will be able to pay you back

I say + a day to allow for processing cash-to-bitcoin.


As I said above, I have CloakCoin for collateral.

How many Cloaks should i offer up for the 1 btc? we can come to an agreement.

I will definitely want my CloakCoins back Smiley
Bitcoins101
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August 12, 2014, 02:14:16 PM
 #53

I'm looking for a loan of 1 BTC

I can offer CloakCoin as collateral.


I need the loan for about 2 weeks plus a day.

I get a cheque in 2 weeks for over $900 so that is how I will be able to pay you back

I say + a day to allow for processing cash-to-bitcoin.


As I said above, I have CloakCoin for collateral.

How many Cloaks should i offer up for the 1 btc? we can come to an agreement.

I will definitely want my CloakCoins back Smiley
The general rule is around 120% of the value that you are borrowing.

monbux (OP)
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August 12, 2014, 03:01:28 PM
 #54

I'm looking for a loan of 1 BTC

I can offer CloakCoin as collateral.


I need the loan for about 2 weeks plus a day.

I get a cheque in 2 weeks for over $900 so that is how I will be able to pay you back

I say + a day to allow for processing cash-to-bitcoin.


As I said above, I have CloakCoin for collateral.

How many Cloaks should i offer up for the 1 btc? we can come to an agreement.

I will definitely want my CloakCoins back Smiley
The general rule is around 120% of the value that you are borrowing.
I would be more comfortable with more stable altcoins, but I will accept this one.

CloakCoins seem to be dropping heavily on the markets.  I would need a large amount (perhaps 150% of the initial loan amount) and if it drops down to only 120% worth, then I will message you.  If I do not get a response by the time the cloakcoins reach 105%, I will liquidate the collateral.  If you're still interested, PM me. Smiley
Bitcoins101
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August 12, 2014, 03:55:41 PM
 #55

I'm looking for a loan of 1 BTC

I can offer CloakCoin as collateral.


I need the loan for about 2 weeks plus a day.

I get a cheque in 2 weeks for over $900 so that is how I will be able to pay you back

I say + a day to allow for processing cash-to-bitcoin.


As I said above, I have CloakCoin for collateral.

How many Cloaks should i offer up for the 1 btc? we can come to an agreement.

I will definitely want my CloakCoins back Smiley
The general rule is around 120% of the value that you are borrowing.
I would be more comfortable with more stable altcoins, but I will accept this one.

CloakCoins seem to be dropping heavily on the markets.  I would need a large amount (perhaps 150% of the initial loan amount) and if it drops down to only 120% worth, then I will message you.  If I do not get a response by the time the cloakcoins reach 105%, I will liquidate the collateral.  If you're still interested, PM me. Smiley
You can always liquidate the collateral immediately and then rebuy when the loan is paid back. Wink Essentially you'd be shorting Cloakcoin.

monbux (OP)
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August 12, 2014, 04:03:21 PM
 #56

I'm looking for a loan of 1 BTC

I can offer CloakCoin as collateral.


I need the loan for about 2 weeks plus a day.

I get a cheque in 2 weeks for over $900 so that is how I will be able to pay you back

I say + a day to allow for processing cash-to-bitcoin.


As I said above, I have CloakCoin for collateral.

How many Cloaks should i offer up for the 1 btc? we can come to an agreement.

I will definitely want my CloakCoins back Smiley
The general rule is around 120% of the value that you are borrowing.
I would be more comfortable with more stable altcoins, but I will accept this one.

CloakCoins seem to be dropping heavily on the markets.  I would need a large amount (perhaps 150% of the initial loan amount) and if it drops down to only 120% worth, then I will message you.  If I do not get a response by the time the cloakcoins reach 105%, I will liquidate the collateral.  If you're still interested, PM me. Smiley
You can always liquidate the collateral immediately and then rebuy when the loan is paid back. Wink Essentially you'd be shorting Cloakcoin.

uh... that's stupid.  I wouldn't be holding onto the collateral very well then, would I? :-/

Say I sold at current market price, 0.001 BTC/CloakCoin.   In 2 weeks' time, it MAY be 0.002 BTC/cloakcoin.  I'd be making a loss.  Plus, a collateral is not to be sold unless the borrower were to default on a loan.
Bitcoins101
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August 12, 2014, 04:37:00 PM
 #57

I'm looking for a loan of 1 BTC

I can offer CloakCoin as collateral.


I need the loan for about 2 weeks plus a day.

I get a cheque in 2 weeks for over $900 so that is how I will be able to pay you back

I say + a day to allow for processing cash-to-bitcoin.


As I said above, I have CloakCoin for collateral.

How many Cloaks should i offer up for the 1 btc? we can come to an agreement.

I will definitely want my CloakCoins back Smiley
The general rule is around 120% of the value that you are borrowing.
I would be more comfortable with more stable altcoins, but I will accept this one.

CloakCoins seem to be dropping heavily on the markets.  I would need a large amount (perhaps 150% of the initial loan amount) and if it drops down to only 120% worth, then I will message you.  If I do not get a response by the time the cloakcoins reach 105%, I will liquidate the collateral.  If you're still interested, PM me. Smiley
You can always liquidate the collateral immediately and then rebuy when the loan is paid back. Wink Essentially you'd be shorting Cloakcoin.

uh... that's stupid.  I wouldn't be holding onto the collateral very well then, would I? :-/

Say I sold at current market price, 0.001 BTC/CloakCoin.   In 2 weeks' time, it MAY be 0.002 BTC/cloakcoin.  I'd be making a loss.  Plus, a collateral is not to be sold unless the borrower were to default on a loan.

Cloakcoin is fungible, right? Assuming you return the borrower's collateral after the loan is paid back, it really shouldn't matter.

"Say I sold at current market price, 0.001 BTC/CloakCoin.   In 2 weeks' time, it MAY be 0.002 BTC/cloakcoin.  I'd be making a loss."

Yes. That's the risk of shorting a coin. It may also be 0.0005, in which you would make a profit. Of course, that is assuming the borrower will still pay back the loan if his collateral has dropped in value significantly.

Darth0ne
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August 13, 2014, 12:13:01 AM
 #58

check your PMs Smiley
monbux (OP)
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August 13, 2014, 02:06:22 PM
Last edit: May 02, 2020, 09:07:04 AM by mprep
 #59

I have agreed to lend Darth0ne 1 BTC under the following terms/conditions:

Going with the same terms as haploid:

Then here are the official terms: I will loan you 1.0 btc for a collateral of 2600 Cloak coin. Repayment is 1.17 btc due on August 31 2014 (EST).  Each day late will result in an additional 2% interest, up to 7 days.  After that, any payments will be kept and the collateral shall be liquidated.  I have the right to liquidate the collateral at any time after the repayment date IF the borrower (Darth0ne) does not keep in contact.

  • In the event that 2600 Cloak coin price drops to 130% of btc value (1.3 btc), then I will request back the agreed repayment of 1.18btc for the return of your 2600 cloakcoin. If you cannot pay back the loan yet, then we can discuss other options.
  • In the even[t] that cloak coin drops to 115% value of btc (1.15btc), then I automatically liquidate the collateral to recover my btc.


If you agree to these conditions, then send the 2600 cloak coin to: BuesFmEtSRjst44pvAA54TGkov7WhNfaUp (don't worry, I changed the address, lol).

And give me an address to send the 1 BTC to. 
Darth0ne, please confirm here.




I have agreed to lend Darth0ne 1 BTC under the following terms/conditions:

Going with the same terms as haploid:

Then here are the official terms: I will loan you 1.0 btc for a collateral of 2600 Cloak coin. Repayment is 1.17 btc due on August 31 2014 (EST).  Each day late will result in an additional 2% interest, up to 7 days.  After that, any payments will be kept and the collateral shall be liquidated.  I have the right to liquidate the collateral at any time after the repayment date IF the borrower (Darth0ne) does not keep in contact.

  • In the event that 2600 Cloak coin price drops to 130% of btc value (1.3 btc), then I will request back the agreed repayment of 1.18btc for the return of your 2600 cloakcoin. If you cannot pay back the loan yet, then we can discuss other options.
  • In the even[t] that cloak coin drops to 115% value of btc (1.15btc), then I automatically liquidate the collateral to recover my btc.


If you agree to these conditions, then send the 2600 cloak coin to: BuesFmEtSRjst44pvAA54TGkov7WhNfaUp (don't worry, I changed the address, lol).

And give me an address to send the 1 BTC to. 
Darth0ne, please confirm here.



confirmed.

btc address: 16usgfJHRzQUuSfUf9RMyujMkoUyDDje8r

1 BTC SENT.
https://blockchain.info/tx/aadfc18970b0392ec95fb7941af378c9e84b416833ee8942d81ac80075704f87



I would like a loan because i really need the money

Denied.  Please get out of my thread.
LYCAN
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August 13, 2014, 05:15:24 PM
 #60

wanted a loan of 0.1 Smiley for 7 days ..

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