Post
Topic
Board Long-term offers
Re: Need 1 BTC loan for 30 days, 5% interest, 125% collateral DRK
by
AD_Infinitum
on 16/08/2014, 08:50:17 UTC
I'm not sure that I understand, where is the risk exactly?

You really don't see the risk? DRK is currently on a downtrend. What you're offering is only 20% higher than repayment. There is a very real chance that DRK can plummet over 20% of its current value over this 30-day time period.

As I said, I'll submit additional collateral if needed! Isn't this enough? Anyway, now I'm offering 150% collateral. Escrow is mandatory, though.