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Author Topic: Need loan 0.5-1BTC.  (Read 950 times)
David186
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August 10, 2014, 10:31:43 AM
 #1

I need to borrow 0.5-1 BTC to upgrade my site. I will refund after 7 days up to 10-20% profit.
I can provide collateral by proving I am the owner of this program and some evidence of the amount invested in it.
Or I can give you the right to manage the website within 1 week
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doV
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August 10, 2014, 10:44:41 AM
 #2

See here:
What is considered collateral?

Collateral is something that can easily be resold to cover the loan value plus interest should the loaner default on the loan.

- The best collateral is another crypto-currency, such as Litecoin (also written as LTC).
- Some digital wares such as domain names can be considered as long as the user cannot recover it.
- Small valuable items that can be shipped though the mail - i.e. gold, silver, iphones, etc.
- Large items, such as a motorcycle or guitar can be used if you live close to the person giving you the loan.
David186
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August 10, 2014, 11:11:48 AM
 #3

See here:
What is considered collateral?

Collateral is something that can easily be resold to cover the loan value plus interest should the loaner default on the loan.

- The best collateral is another crypto-currency, such as Litecoin (also written as LTC).
- Some digital wares such as domain names can be considered as long as the user cannot recover it.
- Small valuable items that can be shipped though the mail - i.e. gold, silver, iphones, etc.
- Large items, such as a motorcycle or guitar can be used if you live close to the person giving you the loan.
I have collateral.
TheNewAnon135246
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August 10, 2014, 11:40:10 AM
 #4

See here:
What is considered collateral?

Collateral is something that can easily be resold to cover the loan value plus interest should the loaner default on the loan.

- The best collateral is another crypto-currency, such as Litecoin (also written as LTC).
- Some digital wares such as domain names can be considered as long as the user cannot recover it.
- Small valuable items that can be shipped though the mail - i.e. gold, silver, iphones, etc.
- Large items, such as a motorcycle or guitar can be used if you live close to the person giving you the loan.
I have collateral.

What is your collateral? DoV is talking about something that can be sold like altcoins or physical products. Proving that you own something doesn't qualify as collateral. Except if you can hand over the ownership AND it's worth more than your loan.

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MakeBelieve
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August 10, 2014, 12:39:40 PM
 #5

Proving you are the owner is not good collateral even so if you do prove thats not going to allow the lender to get their money back think of something like alt coins or a physical item like a laptop which you could send to the lender.

On a mission to make Bitcointalk.org Marketplace a safer place to Buy/Sell/Trade
David186
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August 10, 2014, 02:13:07 PM
 #6

See here:
What is considered collateral?

Collateral is something that can easily be resold to cover the loan value plus interest should the loaner default on the loan.

- The best collateral is another crypto-currency, such as Litecoin (also written as LTC).
- Some digital wares such as domain names can be considered as long as the user cannot recover it.
- Small valuable items that can be shipped though the mail - i.e. gold, silver, iphones, etc.
- Large items, such as a motorcycle or guitar can be used if you live close to the person giving you the loan.
I have collateral.

What is your collateral? DoV is talking about something that can be sold like altcoins or physical products. Proving that you own something doesn't qualify as collateral. Except if you can hand over the ownership AND it's worth more than your loan.
Sure.
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