Yes, he's an idiot and sadly this forum is not well moderated, especially the marketplace section is a hell...
No, I'm sorry, I can't give more than 12.6% a year.
No, I'm sorry, I can't give more than 12.6% a year.
Too bad then, there are investments around that are a lot less risky than this kind of private lending (es. corporate/sovereign bonds)
My last offer is 30%/year or 2.5% month. If this is not acceptable for you then I'm sorry but you may want to look elsewhere.
By the way, I readed your OP more carefully and I'm not going to send you the collateral but the collateral goes to a trusted escrow and stays there (collateral can still be raised)
If you lend me 10 BTC I'm not going to send 13 BTC to you risking you run away with 3 BTC profit while you didn't provide collateral
If you lend me 10 BTC I'm not going to send 13 BTC to you risking you run away with 3 BTC profit while you didn't provide collateral
Of course! I wrote: "Escrow: escrow is welcome if he/she is willing to comply with my rules". I understand the fear of a collateral scam and have absolutely no problem with escrow as long as the margin call rule can be enforced by him/her