Quote from: DarkStar_ on July 30, 2018, 03:27:07 AM

Quote from: max2607 on July 30, 2018, 01:29:23 AM

Hey looks like end of every month i have to show up and jist extend the loan again and again. The basic reason behind this is because the market value is really low and if i sell all collateral i gave you i basically get a loss.
Here's what we can do if I'm in a state of repaying the loan i will come online and ask for repayment address and send it right away else i would like you to assume that it has been extended for another month with same interest rate.
Now as you told you don't wanna keep extending the loan for a while here's what we can do if the market is still low end of August it get's extended to 30th Sept. And even if market has a slow reaction then i think I'll just buy bitcoin and repay the loan, i can't guarantee this but asking your time till 30th Sept as if i tell you all to liquidate i lose 2 bitcoins right away. Last time i took a loan i made 1 btc profit but now as I'm hoping is to repay the loan without getting a loss. Will come online for the next 2 days if you have any question do post here or pm.
The above implies for darkstar as well I'm sorry for any inconvenience but i can't sell them at a loss and all this is just bad timing

This works for me in regards to my loan. Not really an issue as long as collateral coverage is good. I assume you'd still be checking prices to make sure things are still at good levels of margin, correct?

Works for me as well. Same as what DarkStar_ said; the collateral value needs to be kept at a sufficient level throughout the course of the loan.