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Author Topic: need a very small btc loan  (Read 581 times)
clubsofsteel (OP)
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January 24, 2015, 02:05:09 AM
 #1

hi guys im looking for a small loan if anyone can help me heres what im asking, and thanks to you if you can help me

amount requested: 0.05
collaterol: btctalk account
payback: no more then 7 days
interest: 5% per day
address to recieve loan: 18uS7oAVPW7Lq83hoBne1gYao1isvyawsG

lihuajkl
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January 24, 2015, 05:14:25 AM
 #2

any collateral?
Muhammed Zakir
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January 24, 2015, 05:32:44 AM
 #3

any collateral?

He is offering his account as collateral but I don't think it will be worth 0.05BTC if you're planning on selling it.

@OP: Can you provide better collateral?

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Quartx
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January 24, 2015, 05:37:07 AM
 #4

People simply do not understand that 90% of BCT accounts are not worth anything as collateral...

bitspill
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January 24, 2015, 05:43:41 AM
 #5

hi guys im looking for a small loan if anyone can help me heres what im asking, and thanks to you if you can help me

amount requested: 0.05
collaterol: btctalk account
payback: no more then 7 days
interest: 5% per day
address to recieve loan: 18uS7oAVPW7Lq83hoBne1gYao1isvyawsG

Just to be clear that interest rate results in a final total after 7 days of 0.07035502 or ~20% interest on 7 days.

At 15 days you would be paying back double what you asked for originally.

5% daily could get out of hand quickly, and accounts don't count for much in terms of collateral anymore. Unless it's a rather established account it doesn't take long to rack up 100 posts.

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waterpile
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January 24, 2015, 05:49:18 AM
 #6

People simply do not understand that 90% of BCT accounts are not worth anything as collateral...

if its Full Member and above they have a value
clubsofsteel (OP)
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January 24, 2015, 06:06:32 AM
 #7

yes I don't need the loan for more then a few days so the 5℅ interest isn't a problem for me, I really don't have anything for collaterol just my btc talk account, hopefully someone can help me out with this small btc loan

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