Re: Question about Valid Collateral

the best collateral would be an account, it's easy to transfer the ownership and can be sold quite easily as well, but for 5 btc you need something like legendary with trust or hero with many trust

I only have a SR. Account, will someone accept my account as a collateral for maybe 3btc?
I'm a bit short with what I currently have this time. I need about 1200$ to pay for the repairs for my back yard. I need this done before Christmas else someone might rob us when I'm on vacation.

I'd probably back by January so no one is left here. I need barbwire fence and welded bars.

Definitely not. You need at least 4 Legendary member accounts for that amount. For 3BTC, you need a extremely good reputation and posting history, I have saw a loan of 1BTC, equivalent of ~$600 at that time and that account had a great reputation.

4 legendary seems too much for just 5 btc, a good legendary with plenty of trust alone is worth more than 5 btc

i know that my account is worth a tons more, because i made more than 5 btc here with this account, no way i'm selling it for 1.25 btc ...for example

We're talking about a loan here. The resell value have to be higher than the original value. I have seen legendary going to 1BTC but not much after that. In most cases, users buy accounts for signature campaign. After Sr member, there is very little gap in the value and most probably won't want to fork out extra for a higher rank account as they can depreciate greatly with time. You may have made 5BTC but not everyone have the potential. Much less with the price on the rise, most accounts are worth much less than before.