Post
Topic
Board Lending
Re: 2 BTC Loan Required. Escrow preferred. Collateral Provided
by
tranzsport
on 20/04/2014, 04:08:42 UTC
Hi, I'm looking for a 2 BTC loan. Repayment will be done in 7-10 days. I will return with 5% interest, so that would be 2.1 BTC in total. I would prefer a reputable escrow of your choice. I believe 1% fee is the standard Escrow fee and we can split that cost in half. These are what I can offer as collateral (along with their somewhat undervalued valuation):

3,900 BC (~1.014 BTC @ 26,000 sats - BC / BTC)
400,000 DOPE (~0.579 BTC @ 145 sats - DOPE / BTC)
13,000,000 MRC (~0.39 BTC @ 3 sats - MRC / BTC)

That would make it about 1.983 BTC. I'm not selling them at the moment to get the 2 BTC because I believe they will be worth much more in a week. My fallback plan and worst case scenario to keep my reputation would be to rent out my rig and pay back slowly with a little more interest to compensate. I have a near perfect score with quite a bit of rentals done, so you know its legit.

Hit me with any questions either on the thread or PM me. I will try to answer them as soon as possible. Thanks.


your 400,000 dope have now quadrupled in btc value..
sell while your "420" portfolio is still "high"  Grin Grin