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Looking for 1.3 BTC collateral
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Topic: Looking for 1.3 BTC collateral (Read 782 times)
lucates
(OP)
Member
Offline
Activity: 222
Merit: 10
Looking for 1.3 BTC collateral
January 05, 2015, 10:16:28 AM
#1
I need a loan 1.3 BTC at one month.
Return: 1.5 BTC
Collateral: picture ID card
Purpose: electricity bill
Simple «buy-hold-earn» system!
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Bitcoin_BOy$
Hero Member
Offline
Activity: 854
Merit: 503
|| Web developer ||
Re: Looking for 1.3 BTC collateral
January 05, 2015, 01:13:30 PM
#2
Anyone one can take a capture of an id card
. plus you can photoshop it .
This can't be a colletoral .
Fraud prevent
redsn0w
Legendary
Offline
Activity: 1778
Merit: 1043
#Free market
Re: Looking for 1.3 BTC collateral
January 05, 2015, 01:14:44 PM
#3
Quote from: lucates on January 05, 2015, 10:16:28 AM
I need a loan 1.3 BTC at one month.
Return: 1.5 BTC
Collateral: picture ID card
Purpose: electricity bill
Picture id card is not a valid collateral , can you provide a valid collateral ?
lucates
(OP)
Member
Offline
Activity: 222
Merit: 10
Re: Looking for 1.3 BTC collateral
January 05, 2015, 01:33:11 PM
#4
I do not know what are the best. Photo ID card can do, at any time, along with the date and at the face to make it credible.
I add a bill for the internet to confirm my address.
Simple «buy-hold-earn» system!
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THE HIGH PAYING AUTO-STAKING & AUTO-COMPOUNDING PROTOCOL
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Magic8Ball
Legendary
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Activity: 1050
Merit: 1000
Re: Looking for 1.3 BTC collateral
January 05, 2015, 01:35:34 PM
#5
Quote from: lucates on January 05, 2015, 01:33:11 PM
I do not know what are the best. Photo ID card can do, at any time, along with the date and at the face to make it credible.
I add a bill for the internet to confirm my address.
Your intentions may be good, but what happens if you are unable to pay? The photo ID is useless to the lender in that situation.
Collateral needs to be something that the lender can liquidate to recover the loan+interest in case of default.
lucates
(OP)
Member
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Activity: 222
Merit: 10
Re: Looking for 1.3 BTC collateral
January 05, 2015, 01:44:27 PM
#6
Quote from: Magic8Ball on January 05, 2015, 01:35:34 PM
Quote from: lucates on January 05, 2015, 01:33:11 PM
I do not know what are the best. Photo ID card can do, at any time, along with the date and at the face to make it credible.
I add a bill for the internet to confirm my address.
Your intentions may be good, but what happens if you are unable to pay? The photo ID is useless to the lender in that situation.
Collateral needs to be something that the lender can liquidate to recover the loan+interest in case of default.
I do not have anything like that. If I had I would have sold it.
Simple «buy-hold-earn» system!
│
TRIDENT PROTOCOL
│ HIGH FIXED APY >>> 382,945%
THE HIGH PAYING AUTO-STAKING & AUTO-COMPOUNDING PROTOCOL
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josef2000
Sr. Member
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Activity: 280
Merit: 250
Bro, you need to try http://dadice.com
Re: Looking for 1.3 BTC collateral
January 05, 2015, 11:24:13 PM
#7
So dont borrow that mich btc then
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monbux
Legendary
Offline
Activity: 1736
Merit: 1029
Re: Looking for 1.3 BTC collateral
January 05, 2015, 11:27:10 PM
#8
Not a valid collateral.
What is a collateral? Let me google that for you:
http://lmgtfy.com/?q=collateral+definition
jonald_fyookball
Legendary
Offline
Activity: 1302
Merit: 1008
Core dev leaves me neg feedback #abuse #political
Re: Looking for 1.3 BTC collateral
January 06, 2015, 01:24:43 AM
#9
please change the title of the post.
ID is not collateral.
proof LN isn't Decentralized
official Electron Cash wallet
jeffersonairplane
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Activity: 1522
Merit: 1000
www.bitkong.com
Re: Looking for 1.3 BTC collateral
January 08, 2015, 12:28:28 AM
#10
Quote from: lucates on January 05, 2015, 10:16:28 AM
Collateral: picture ID card
sorry, you'll have to do better than that. nobody can confirm if the ID you have is even real. And what if you default? loaner will have your picture ID to do what? sell it for a few bucks on the blackmarket? Doubtful.
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