Bitcoin Forum
May 07, 2024, 03:28:33 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Bitcoin Forum > Economy > Marketplace > Lending >  Looking for 1.3 BTC collateral
Pages: [1]
« previous topic next topic »
  Print  
Author Topic: Looking for 1.3 BTC collateral  (Read 775 times)
lucates (OP)
Member
**
Offline Offline

Activity: 222
Merit: 10


View Profile
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!      │     TRIDENT PROTOCOL     │      HIGH FIXED APY  >>> 382,945%
THE HIGH PAYING AUTO-STAKING & AUTO-COMPOUNDING PROTOCOL
████████████|           Twitter           |          Telegram          |            Reddit            |████████████
1715095713
Hero Member
*
Offline Offline

Posts: 1715095713

View Profile Personal Message (Offline)

Ignore
1715095713
1715095713
Reply with quote  #2
1715095713
Report to moderator
Once a transaction has 6 confirmations, it is extremely unlikely that an attacker without at least 50% of the network's computation power would be able to reverse it.
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
Bitcoin_BOy$
Hero Member
*****
Offline Offline

Activity: 854
Merit: 503


|| Web developer ||


View Profile
January 05, 2015, 01:13:30 PM
 #2
Anyone one can take a capture of an id card  Undecided . plus you can photoshop it .
This can't be a colletoral .

Fraud prevent
redsn0w
Legendary
*
Offline Offline

Activity: 1778
Merit: 1042


#Free market


View Profile
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 Offline

Activity: 222
Merit: 10


View Profile
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!      │     TRIDENT PROTOCOL     │      HIGH FIXED APY  >>> 382,945%
THE HIGH PAYING AUTO-STAKING & AUTO-COMPOUNDING PROTOCOL
████████████|           Twitter           |          Telegram          |            Reddit            |████████████
Magic8Ball
Legendary
*
Offline Offline

Activity: 1050
Merit: 1000


View Profile
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
**
Offline Offline

Activity: 222
Merit: 10


View Profile
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
████████████|           Twitter           |          Telegram          |            Reddit            |████████████
josef2000
Sr. Member
****
Offline Offline

Activity: 280
Merit: 250


Bro, you need to try http://dadice.com


View Profile WWW
January 05, 2015, 11:24:13 PM
 #7
So dont borrow that mich btc then  Wink
███████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████
█   ⚂⚄⚀⚃⚅⚁    ██  d a d i c e  ██    Next Generation Dice Game
• Low 1% house edge. • Provably Fair.   		█
███████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████
monbux
Legendary
*
Offline Offline

Activity: 1736
Merit: 1029



View Profile WWW
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 Offline

Activity: 1302
Merit: 1004


Core dev leaves me neg feedback #abuse #political


View Profile
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
Legendary
*
Offline Offline

Activity: 1522
Merit: 1000


www.bitkong.com


View Profile
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.
BTCitcointalk
.    ██████████████████████████████████		                                                                 ██
                                                               ███   ██
                                                      ██      ███  ███
                                                     ███     ██  ███  ██
    ▄▄████▄▄    █▌                                         ███  ██  ██
  ██▀       ▀▀  █▌                                   ▀▀   ██▌███  ███ ██
▄█              █▌  ▄▄▄▄        ▄▄▄▄▄  ▄▄   ▄   ▄▄▄ ██▄ █████████ ▄████    ▄
█▌              ███▀.   ██    ██     ▀███   ███▀   █████████████████      ▐█
█               ██       █   ██        ██   ██     █████████▌██████       ▐█
█▌              █▌       █▌  █         ██   ██      ██████████▀   █       ▐█
 █▄             █▌       █▌█████████████████████████████████▌     █       ██
  ▀██▄     ▄██  ██████████▌██████████████████████████████████     ██▄   ▄███
     ▀████▀▀████████████████████▀▀▀▀▀██████               ██▄▀▀██    ▀▀▀  ██
   ███▀▀▄▄▄█████████████▀▀▀▀▀▀▀▀▀▀                           ██████▄     ██
 ███▄▄██████████▀                                                 ▀█████▀▀
                                                                        ███
.

█████████████████████████████
Program
╎
❤️
╎
Give Hope To Everyone
━━━━━━━» $1 Is A Big Thing For Them
╎
❤️
╎
.
Pages: [1]
  Print  
Bitcoin Forum > Economy > Marketplace > Lending >  Looking for 1.3 BTC collateral
 « previous topic next topic »
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!