Re: [Open] 6.4 BTC loan, collateral/escrow, monthly interest, ~5 months.
'If the collateral were to be exchanged for bitcoin prior to you defaulting then the lender would not have a problem because they are still protected. There is no logical reason why any lender would object to you not selling your shitcoin.'
Maybe I would never suggest that an escrow buy or sell a collateral that is supposed to, collateralize my loan?
Like I said if the escrow were to sell the collateral for bitcoin then the loan would still be collateralized, but the lender would be more protected, and you would still have been able to execute a trade that you would have made if your NOBL was not being held in collateral. No one losses in this scenario.Maybe I would never suggest that an escrow buy or sell a collateral that is supposed to, collateralize my loan?
If I have not stated it in the OP, then maybe it's not something you should presume to 'need to be there'. How about 'it's not there, and thus isn't part of the agreement'?
Interesting real risks are 'created' and my own risks are 'at the expense of legitimacy' LOL
You still have not addressed how a lender is suppose to sell the 6.4 BTC worth of your shitcoin when you default without crashing the price. The 24 hour trading volume across all exchanges is less then 1/4 the amount that would need to be sold
LOL
If you want to manipulate and play around with collaterals according to what you want, then I suggest you get your 190% return business going better.
Maybe you need to look at the entire market and suggest why anyone cannot dispose of their 'shitcoins' (by someone who has far greater merit then some mouthy fools like you no less) when things can go either way in the books
Anyone can see clearly you are moaning and squealing where nothing is your business, but that's par the course that you mouth off for the sake of doing so
Feel free to put money where your mouth is if you can do anything about it