Post
Topic
Board Marketplace
Re: How are altcoins collateral
by
bitboy11
on 26/03/2015, 22:01:16 UTC
If someone believes the LTC/BTC exchange rate will increase then they would take that loan.

No, what im saying is that if you already have the amount of money you need in altcoins what would be the point of asking for a loan

It's very simple...they are asking for a loan despite the fact that they already have funds available.
They just don't want to risk their own money but hope to turn the loan money into a profit.