Ltc sent - total of 14.69
14.64 LTC to be used for collateral for Alia - you may keep 0.05 as a tip
@condoras
My Poloniex LTC address is LeUJrGsEZB4nrZBtguzpw9jPLpreHFjhoP, just post here once the collateral has been sent. Thank you!
Collateral Deposit :
Confirmed.Collateral Send to Lender:
Pending...Loan Amount Send to Borrower :
Waiting Lender's ConfirmationEDIT : Waiting the Lender to confirm that receive the Collateral, so i can send the Loan Amount to the Borrower.
https://live.blockcypher.com/ltc/address/LeUJrGsEZB4nrZBtguzpw9jPLpreHFjhoP/Nothing received as of now.
I know but i don't know why...
https://imgur.com/a/F17ukYou want me to send this Amount from elsewhere and when you receive this one to send it back to me? So you don't have to wait...
I think you sent it from Coinbase. They tend to take time propagating transactions. Yeah, feel free to send it from elsewhere, and once I receive the original transaction I'll refund it (note that Poloniex has a withdrawal fee of 0.001 LTC, so around 20 cents)
Yes i thought it will be faster but as i see, it's slower than a Bank! Sending from elsewhere, my apologies to both of you for the inconvenience.
Please deduct the fees from the amount that you will send me.
No problem, just post here once it's been sent. Thanks for all your help. And for the refund, I presume I can send it to the same LTC address provided?
No. When it will confirmed send them here : LQ8wuzYX3n7bzHyHDcBN8jrrwVqaERCa99
Noted, thank you!
Amount lent: 0.25
Interest: 0.1% a day for 15 days
Amount to be repaid (not including misc. tx fees): 0.25375
LTC received: 14.64
105% of repayment amount: 0.2664375
Thus, I am setting a sell order for all the LTC at 0.0181992828 on Poloniex. The moment the LTC/BTC ratio hits 0.0181992828, the collateral will be sold and not returned. If the borrower is able to top up collateral before then, then the price will be shifted downwards.
Thanks for your help and co-operation @Bigraz @condoras
Quoted for referrence.