Quote from: Willisius on January 06, 2015, 07:19:47 AM

Quote from: gkv9 on January 06, 2015, 07:06:45 AM

Quote from: Watoshi-Dimobuto on January 06, 2015, 06:59:32 AM

No, you pay $137.69 worth of BTC.

Example: if price is $1000, you pay 0.137BTC (or more if you like to

)

Else, you won't be able to pay if price hits say $1000 or above.

Ok, I confirm this from my side too... But sir, you said that if the price goes up, I will have a loss... How? As if it goes $1000 and I will pay BTC0.137, I will be in profit, but if the price goes down, I will bear the loss by paying higher amount in BTC... Am I right? If it's true, then I am ok with it, and I wish that BTC must remain stable as I am taking a big risk, as with you...

This is a fiat based loan. You should not bear any kind of loss no matter what because you are spending fiat to pay your bills and then will use fiat to buy bitcoin to repay watoshi

I am fairly bullish on bitcoin. I only made that offer since I thought it is beneficial to the OP. Well, I am confused now.

Will let OP choose what he want. I am more than fine with non fiat pegged loan. Cheesy