Post
Topic
Board Long-term offers
Re: Need a Loan Of 1 BTC Collateral Provided
by
Lone Shark
on 14/07/2017, 03:09:03 UTC
Hia!

Looking for a BTC loan, which will be repaid within 24 Hours with interest of 5%.

Loan Amount: 1BTC
Payback: 1.05BTC

Collateral is 450 Minexcoin which has a ICO price of 0.00230771BTC per Token.

For Minexcoin visit Information: https://minexcoin.com/?r=site/ico
For their thread: https://bitcointalk.org/index.php?topic=1847292.0

Most probably the settlement will be done within 24 hours.

Note: people who are interested in bullying please be away, interested people Post here or PM me.

Not here to bully, but just wanted to point out a few things for the community,

1. Usually collateral should be 120% of the loan. What you are offering is just 103%.
2. The offer seems fishy. There is a possibility that you are getting this loan to somehow get an "arbitrage" of sorts. There is a possibility that when the coins get distributed and prices go down by a lot, then what happens to the loan?