Bitcoin Forum
November 18, 2017, 10:05:42 PM *
News: Latest stable version of Bitcoin Core: 0.15.1  [Torrent].
 
   Home   Help Search Donate Login Register  
Pages: [1]
  Print  
Author Topic: Offering Loans - collateral required  (Read 998 times)
oshnap
Jr. Member
*
Offline Offline

Activity: 31


View Profile
September 18, 2014, 04:32:41 PM
 #1

Hi,

I have some coins available for loans backed by an altcoin(or bitcoin) collateral(coins accepted to be determined by escrow). I am currently approaching several reputable members regarding escrow services and will update this topic with their username once we have reached an agreement.

Available:
   - 3btc
   - 350ltc

Max term: 30 days

Please post here in the following format:

Amount: (in btc or ltc)
interest: (percent)
term: (max of 30days)
payments: (frequency and amount - e.g. weekly and 0.1btc)
collateral: (your collateral - must be principle plus 2x the interest - eg. 10% interest requires 120% escrow. altcoins are subject to escrow approval)



Important - Please read
  • If the value of the collateral in question drops 1% below the interest rate for your loan you must either payback immediately or I will ask the escrow to release the coins so I can sell them. For example, if your interest is 10% and the altcoin in escrow drops below 109% of the value of the loan you must pay back immediately or I will sell the escrowed coins to recoup my investment. You will be given 2 hours to repay before I request the release of the collateral
  • If you fail to make a payment by midnight(EST) on the due date you will forfeit the collateral


Loan requests via PM will be ignored.


edit
The following is to prove I control the funds claimed in this post.

Message:
ohsnap 9-19-14 https://bitcointalk.org/index.php?topic=787390.0


btc address: 1BBjdXzHg7BmBetzTc3HtxtXx9GQKp9tcf
sig: G3NiCtlkqUuzwNimVIsKYMLfNsiZvZShfr0BbC7KQF1d7MaA4IDEJOX1pJgjwH6Lx0FIGnRnT15Blui 5vF3Fes8=

ltc address: Lh9me4Jhav7tsa9df7NUAjKDrNRxshbm9S
sig: HJ2OEG4a2dmUx6pkUclOdZhe6ctRkL+7MXB7S6Stx73mo6TMsn10KKtafPW46cRnsrntIPQqiF7El2N0q0wshhU=
1511042742
Hero Member
*
Offline Offline

Posts: 1511042742

View Profile Personal Message (Offline)

Ignore
1511042742
Reply with quote  #2

1511042742
Report to moderator
1511042742
Hero Member
*
Offline Offline

Posts: 1511042742

View Profile Personal Message (Offline)

Ignore
1511042742
Reply with quote  #2

1511042742
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1511042742
Hero Member
*
Offline Offline

Posts: 1511042742

View Profile Personal Message (Offline)

Ignore
1511042742
Reply with quote  #2

1511042742
Report to moderator
1511042742
Hero Member
*
Offline Offline

Posts: 1511042742

View Profile Personal Message (Offline)

Ignore
1511042742
Reply with quote  #2

1511042742
Report to moderator
iluvu143
Newbie
*
Offline Offline

Activity: 6


View Profile
September 19, 2014, 12:13:34 PM
 #2

You can better sign addresses of both the addresses (BTC & LTC addy) so that people can know you actually own some. Cause, there are already many higher members who are lending out their BTCs. So, better sign some addy as a proof of ownership of the BTC you claim.

P.S.: Better use some trusted escrow like monbux or DannyHamilton for your altcoin escrowing.
oshnap
Jr. Member
*
Offline Offline

Activity: 31


View Profile
September 19, 2014, 02:39:59 PM
 #3

You can better sign addresses of both the addresses (BTC & LTC addy) so that people can know you actually own some. Cause, there are already many higher members who are lending out their BTCs. So, better sign some addy as a proof of ownership of the BTC you claim.

P.S.: Better use some trusted escrow like monbux or DannyHamilton for your altcoin escrowing.

I have updated the OP to include the requested signatures.
Pages: [1]
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!