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Lending
Re: [LOAN REQUEST] Need 7.5-15 BTC (8% Interests Paid Monthly for 4 Months)
by
Killerloop
on
11/07/2014, 06:32:22 UTC
Quote from: jonald_fyookball on July 10, 2014, 10:43:13 PM
its not worthless, but it definitely isn't worth 7 Bitcoins.
Anything that
1) cannot be sold spot on the same day of the default
2) doesn't hold his value properly (i.e. website)
3) it is hard to sell, it is illiquid.
it is worthless as collateral.