FishcakeBuffet (OP)
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July 01, 2014, 03:03:29 PM |
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Hello there!
I need 1 BTC to do some cryptocurrency trading as my liquidity is tied up in Litecoins atm and I would like to keep a holding of Litecoin
I will payback all investors by July 14th with 1.1-1.15 BTC return as my collateral guarantees if my investments fall into a negative
My collateral wallet address is as follows --> LXQPXCWmZU56EB4323ZeD8cErEb6EAr7xD
Please message me back with enquiries.
Much appreciated, thanks
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EcuaMobi
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https://Ecua.Mobi
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July 01, 2014, 03:09:10 PM |
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So you would be sending all your 80.5 LTC as collateral? (either to the lender or an escrow)
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FishcakeBuffet (OP)
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July 01, 2014, 03:10:12 PM |
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No I would sell 80.5 LTC to BTC or the equivilent to 1.15 BTC and then payback a lender
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monbux
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July 01, 2014, 03:11:47 PM |
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No I would sell 80.5 LTC to BTC or the equivilent to 1.15 BTC and then payback a lender
Lol, a trader doesnt know what a collateral is. You are supposed send the collateral upfront.
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EcuaMobi
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https://Ecua.Mobi
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July 01, 2014, 03:11:52 PM |
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No I would sell 80.5 LTC to BTC or the equivilent to 1.15 BTC and then payback a lender
A collateral must give zero risk to the lender and motivate the borrower to pay back to get the collateral. If you're not willing to send the LTC to a trusted escrow, then it's not collateral.
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FishcakeBuffet (OP)
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July 01, 2014, 03:18:48 PM |
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If you would like I can sell the 80.5 LTC to BTC and then send it to an escrow " https://bitescrow.org/" But I need to delay it until the I have received the loan
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EcuaMobi
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Activity: 1862
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https://Ecua.Mobi
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July 01, 2014, 03:21:42 PM |
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If you would like I can sell the 80.5 LTC to BTC and then send it to an escrow " https://bitescrow.org/" But I need to delay it until the I have received the loan Then why would you need the loan if you're willing to sell the LTC? This is how it works: - You send the 80.5 LTC to a trusted escrow
- Somebody sends you BTC1
- In 2 weeks, you send BTC1.1-1.15 to whomever lent you
- As soon as you do that, the escrow sends you back all your 80.5 LTC
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leex1528
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July 01, 2014, 04:42:35 PM |
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If you would like I can sell the 80.5 LTC to BTC and then send it to an escrow " https://bitescrow.org/" But I need to delay it until the I have received the loan Then why would you need the loan if you're willing to sell the LTC? This is how it works: - You send the 80.5 LTC to a trusted escrow
- Somebody sends you BTC1
- In 2 weeks, you send BTC1.1-1.15 to whomever lent you
- As soon as you do that, the escrow sends you back all your 80.5 LTC
How is he supposed to walk away up 1BTC if he has to send first? Dr Seuess new book? Scam I am.
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Blazed
Casascius Addict
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July 01, 2014, 04:46:43 PM |
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Yeah if you want to collateral the LTC I can lend you how ever many BTC you need.
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Blazed
Casascius Addict
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July 01, 2014, 04:54:19 PM |
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OK let me say: I will lend you as many BTC as you have LTC collateral for*
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EcuaMobi
Legendary
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Activity: 1862
Merit: 1469
https://Ecua.Mobi
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July 01, 2014, 05:04:08 PM |
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If you would like I can sell the 80.5 LTC to BTC and then send it to an escrow " https://bitescrow.org/" But I need to delay it until the I have received the loan Then why would you need the loan if you're willing to sell the LTC? This is how it works: - You send the 80.5 LTC to a trusted escrow
- Somebody sends you BTC1
- In 2 weeks, you send BTC1.1-1.15 to whomever lent you
- As soon as you do that, the escrow sends you back all your 80.5 LTC
How is he supposed to walk away up 1BTC if he has to send first? Dr Seuess new book? Scam I am. Well yes, I like to give people the benefit of the doubt. I was 99% percent sure this info wasn't really required, but there was a 1% chance he was just really a newbie and didn't know to proceed.
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