Post
Topic
Board Long-term offers
Re: Need 1 BTC loan for 30 days, 5% interest, 150% collateral DRK
by
AD_Infinitum
on 17/08/2014, 21:22:43 UTC
I can do the full amount with DannyHamilton escrow. I propose that I send DannyHamilton the 1 BTC, you send the 1.5 BTC worth of Darkcoin to me, and then DannyHamilton releases the BTC to you. When the loan is over, you send the 1.05 BTC to DannyHamilton, I send you the same amount of Darkcoin you have sent me and any additional that was sent to keep it above 110%, and DannyHamilton releases the BTC.

If value falls below 110%, it needs to be pushed back up. I am only willing to do this if I have access to the DRK and it is not held in an escrow for the 30 days. Collateral may be used as a hedge or short.

I can also do half.

I currently am lending to several members: https://bitcointalk.org/index.php?topic=740207.msg8362681#msg8362681



Good plan! Instant 0.5BTC profit, what will stop you from cashing out and running away? Why to wait 30 days for 10x less profit?