Quote from: Simplexton on March 29, 2018, 05:12:09 PM

Quote from: nydiacaskey01 on March 29, 2018, 04:06:50 PM

Quote from: Simplexton on March 29, 2018, 02:04:48 PM

Hey guys,

Got an emergency and urgently in need of 0.06 BTC to be repaid in 30 days or less. As for collateral, I'm offering access to my 2400 EON coins from Exscudo.com.

Thanks in advance

I tried to search in coinmarketcap about this collateral that you are offering but unfortunately I think EON coin is not listed there yet. I'm trying to find out what is the current value of this coin or maybe how much it will be priced once its listed in any exchange to compare with the amount of BTC you are asking. Any idea? Aside from Exscudo.com, where else do they plan to list EON?

EON coin will be listed on Coinmarketcap after the launch of the Exscudo mainnet soon. The price will most probably range between $3-$5 according to most experts, like this for example: https://www.youtube.com/watch?v=ABtxLL8WJt8. My holdings will be worth between 1 btc- 1.6 btc after the launch of the main exchange.

EON will first be actively traded on the Exscudo exchange. I think other exchanges will follow later on.

I have kept the EON tokens for almost a year because I believe in the project. I must therefore repay my loan to regain access to my coins.

Thanks

If its not listed on an exchange (and not a crap one either), then its not valid collateral as it cannot be liquidated in the event of a default. On top of that, the price may be lower than that when it hits the exchange especially with the amount of users that may try to dump the coin.