I wondering how Taras want to fund this loan. The collateral is just worth of 0.002+ bitcoins
Probably he miscalculate

, there is no other explanation, I am sure that the money is already lost..
Uh.. whoops... my calculator still has the number on the screen and it's 10 times higher than that...

I did have success shorting the LTC so now it
almost covers the loan amount..
edit: It's been a few days so I tagged OP for now. With the BTC price rise the collateral now most certainly does not cover the loan amount.