Post
Topic
Board Lending
Re: Needing 0.10 Loan [Darkcoin collateral]
by
shadowhax
on 29/05/2014, 00:09:36 UTC
Oh, I apologizing for not being clear with the detail.

At this point I willing to give 3.00 DRK for collateral for loan of 0.05 BTC. Market a bit volatility right now because of hard fork and masternode launching and price swinging wildly. But be assure, I will not risk to lose my Darkcoin! I believe in it future and think it someday may be bigger than the Bitcoins itself.  Smiley

For length of loan it may take between 1 day minimum and 2 week maximum. For 0.05 BTC I repay 0.06 BTC.

Danke,

ShadowHax
Last trade price of DRK was .0124, that means it's under 80% collateral.  Typically you want it to be at least 110%, but never under the full amount

This a lot of volatile right now in market and I check on Poloniex moment ago and they saying 0.0175 BTC, I think. It very likely to shoot upward tonight back to 0.02... it could also go down more! This a risk with all coin. But I have good feedback/trust and make many successful deal in past. I also want to earn good reputation more, and do not want to lose my Darkcoin.