Quote from: OnlineVenturist on January 11, 2018, 01:39:45 PM

Hey guys, I know I am newbie, but I am looking for a short term loan, just to build a part of the project.

Loan ammount - $10,000.00 only - btc
Loan reason - business development
Loan repayment - $12,500.00 only and 10,000 MDCN - btc
Loan repayment time - 1 month
Collateral - MDCN reserve holdings. Approx 490million MDCN

About me- Cofounder and owner of mdcn.org.uk
We are in progress of pre ico and ico.
We have to come up with funds for development today or lose the spot for early release.

I can prove any ownership.
Can deal through escrow.
We need to make payment in BTC.

If you need any other proof or any questions please do not hesitate to ask.
Thank you

I would try to prove if you are who you say you are, but however with the number of people newbies coming here, I rather not waste my time trying to confirm anything (just tired of it all). I do, however, want to know, if this is for development and your collateral is a token that isnt even on an exchange (thus have no value and is pretty much useless), why post that as collateral? If you default, how would one even sell the tokens? While MDCN is a good concept, I feel that the collateral doesnt worth a cent and pose a high risk to anyone to would accept it simply because anyone can create a token or coin. If you truly need the money, why not go to a bank and take out a loan and buy bitcoin with that?

Besides the statement above, if you truly need a loan in the mist of a [early] release, something is wrong. Maybe miscalculation, poor accounting, new expenses, or what? Wouldnt you have seen that you would need the funds at an earlier time before today? Why do you need a early release, and if you werent able to secure a early release, for whatever reason, by how much would the release date be push back?