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Re: Quickseller vs Legendster
by
Blazed
on 13/02/2015, 04:51:20 UTC
You are asking for a large sum of money WITHOUT collateral which is one of the lending section rules. You should be getting negged based on that.

Don't see how Quickseller overreacted.

Collateral is a Suggestion not a Rule...I lend without it from time to time. It is the lenders choice if they require collateral to lend or not.
Would you be willing to lend him 60 BTC without collateral? If someone were to lend him that much, what do you think the chances are that he would repay the loan (be sure to look at his trust first)?

No I wouldn't lend him that much. I was just pointing out that collateral is optional was all. I think it should be used most of the time, but it is a choice not a rule.