Loan Amount: BTC0.03
Bitcoin Address: 1CApySSSJC6zhkiLbR7inzkuDfnBD2fF8C (this is my bittrex' BTC address)
Number of days: 30
Collateral offered: 2880 POT coins
Reason for loan: Price went down from the invested amount, instead of selling at low price I'd rather loan the coin to earn from the loaned amount
Interest: upon negotiation, first time to do this.
prefer someone who will put the coin on an exchange and auto sell it @ 3000sats
When do you plan to return the BTC?
He doesn't. This is a sale, not a loan.
I believe he already stated when he plans to return to, which is 30 days.
2880 POT coins @ 1900 Sat = 0.054 BTC
Which is above 120% as collateral. I think if he wanted to sell this then he would have taken the 54mBTC than a 30mBTC loan.
Oh I missed that, I asked the question more because "prefer someone who will put the coin on an exchange and auto sell it @ 3000sats" this line made it sound like an indefinite loan until the coin is worth 3k sats.