Post
Topic
Board Trading Discussion
Re: Lending safety?
by
SebastianJu
on 30/08/2015, 21:10:55 UTC
Thank you for your detailed answer ACCTSeller. Smiley

So what i read from you is that when i keep care that accounts i take into escrow are worth enough and the signature is matching and old enough and when i don't agree to followup loans that exceed the worth of the account then accounts should be relatively safe as collateral?

Yeah, the account being involved in a scam probable is a risk that can't be avoided easily.

Maybe... if someone really accepts accounts as colletaral, the account should be considerably more worth than the loan. Maybe 150%? That way it should be avoidable that the account owner is trying to sell through that way. It would not be worth it. But for a normal person wanting a loan, it would be ok.

I doubt that trading accounts is very rewarding nowadays. It looks like the prices for accounts are dropping constantly. Maybe an oversupply of accounts now. So i don't think that i will trade accounts. Selling them should be the exception i think.

I wonder if people would give altcoins as collateral since it nowadays is pretty easy to exchange them to any coin they want...