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Re: How are altcoins collateral
by
fildza
on 05/03/2015, 02:51:16 UTC

Wait, what you are saying is that someone wants a loan of btc to buy ltc giving his already owned ltc because he believes ltc price will go up? Seems pretty stupid to me

Scenario:

You have 100 LTC and no other funds available

You know for sure that LTC price will go up within 1 week.

What do you do?

But usually we always see people ask for small loan about few 0.05-0-5 btc and I not see people want ask for loan and use altcoin as collateral for expect the price will go up