Quote from: bbuser on December 11, 2018, 06:35:13 AM

Quote from: praine on December 11, 2018, 06:31:37 AM

Quote from: bbuser on December 11, 2018, 06:25:50 AM

Quote from: praine on December 11, 2018, 06:15:09 AM

Quote from: bbuser on December 11, 2018, 05:57:29 AM

Are there any actual companies or reputable sources that I can get a BTC loan from? I might just end up liquidating my CND instead.

That's probably a far better course of action. It only really makes sense to put up alts as collateral if you have a strong belief that the price will rise far higher than the amount of interest you are obligated to pay on a loan.

If there is a doubt on where the price is headed, you are far better off taking your chances and selling rather than locking in a certain loss on the interest payments. That way you can buy back lower when you reacquire your BTC and you don't have to pay anyone any interest.

From what I've seen this year, people usually get wrecked by putting up alts as collateral. They are more than likely to slide downwards than increase. And if they slide down too much you get margin called, and liquidated if you can't top up your collateral to a sufficient level.

I only need the funds for like a day or 2. And I really would rather not liquidate my CND, specially because it's a low supply coin and a market move could take the price up 5-10% no problem. This already happened to me last week when I bet. I ended up getting a push on my bet and the BSV that I liquidated for BTC went up 8% the next day when I got my BTC back from the betting site.

Oh ok. Didn't realize it was such a short term loan. Does the collateral you are holding exceed the amount you are asking for? If so, I can help you out.

We would use a trusted escrow of course.

Yes, I have 1M CND tokens. Who would be the escrow? This sounds very scary lol

There are a list of trusted escrows here. As a newbie I can understand how you would be scared to trust anyone on a site that you just started using, but most these guys have been around for years and have helped facilitate many deals in a secure and neutral manner.

You are looking for about 1.5 BTC, I suppose. As things stand I have about .215 BTC and 53 BAB available because most of my funds are locked up with margin funding. However, you said you needed this for the weekend so I will most likely have more funds freed up before then.