Post
Topic
Board Lending
Re: Loan 0.9btc
by
fonenumba
on 30/11/2015, 22:23:26 UTC
Requesting loan in amount of 0.9BTC
Repay: 2% weekly
Repay Date: 4 weeks
Send to: 1H2btwW2mPwt44xjVQhwZPmzNARxrLgncf
Collateral: 10,000 VNL - vanilla coins

Although your collateral is currently higher than your loan, it has low volume and some volatility at past. It seems -no offence-  you have intention to dump your VNL coins by getting loan.

Maybe if you can offer more liquid altcoin, you will have more chance to get your loan.

i could dump now to get more than my loan that is required

Yeah, you are right, Ive just noticed the buy book. But my second concern is still valid. After 4 weeks , VNL can lose its value more than 20 % (ofc like most of other altcoins) I think youre not dumping your VNL coins , in fact you believe its value but still 0.9 is huge amount of loan and I have doubts for VNL to cover the colleteral.

Anyway, good luck with your loan. Hopefully, you can find someone who have positive thougths about the future of VNL and get your loan.