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Hello,
I need a loan of 0.01 btc please, I can put my NFTs as collateral : https://opensea.io/collection/the-last-bastion
NFTs as collateral, I highly doubt any one will fill your offer, I personally wouldn't if I was in a position to, this is because NFTs are literally worthless, coupled with the fact they are not as liquid as normal crypto coins and tokens, and besides, is there any NFT currently in the market that is truly worth 0. 01 btc except the popular Bored Ape?, which I even read in the news recently that it has lost over 50 percent of it value in recent times.I need a loan of 0.01 btc please, I can put my NFTs as collateral : https://opensea.io/collection/the-last-bastion
My advice is, use any crypto that is listed in top 50s on coinmarketcap, listed on binance or any or several other big exchanges, coin or token worth in usdt must be more than what 0.01 btc will worth in usdt at the time of filling the load.
Ok thank you for the advice
Hello,
I need a loan of 0.01 btc please, I can put my NFTs as collateral : https://opensea.io/collection/the-last-bastion
I don't think an NFT can be considered collateral. You and I both know how hard it is to get someone to buy it. Imagine if you defaulted the loan. How is the lender going to liquidate the NFT quickly in order to recover the money.I need a loan of 0.01 btc please, I can put my NFTs as collateral : https://opensea.io/collection/the-last-bastion
Here are the collateral guidelines;
What is considered collateral?
Collateral is something that can easily be resold to cover the loan value plus interest should the loaner default on the loan.
- The best collateral is another crypto-currency, such as Ethereum (also written as ETH). Coins must be moderately traded on multiple exchanges.
- Some digital wares such as domain names can be considered as long as the user cannot recover it.
- Small valuable items that can be shipped though the mail - i.e. gold, silver, iphones, etc.
- Large items, such as a motorcycle or guitar can be used if you live close to the person giving you the loan. Try localbitcoins.com
What is not considered collateral?
- Merit. Bitcointalk Merit is not a commodity and is not meant to be traded. Asking or doing so may get you negative trust (Trade with Extreme Caution!)
- Items they want to sell. They don't want it back, so they will default. It's scammy unethical behavior and will lead to negative trust. Check their recent posts!
- Items not in hand. Don't trust a user that promises to give you something *when* they default! Tracking numbers only show something has been mailed - it could be an empty box.
- Future income. You can prove you'll make xx coins in the next few days, but nothing forces you to send those coins to pay your debt.
- Identification. So what if they can prove who they are. Are you going to spend more money and time taking them to court on untested legal grounds? You'll probably just walk away, like everyone does. ID is useless.
- Games codes or similar. To verify the collateral you need to use the code, which destroys the collateral. Consider this a purchase, not a loan. (Post in Digital Goods instead)
- Most new alt-coins or alt-coins that trade for satoshis are not good collateral as they can become worthless overnight.
- Most pre-coins/tokens are worthless, or may take significant time to be worth anything.
- Paypal should never be used - they are anti-bitcoin and will rule against you 100% of the time. Escrow can't even help, as paypal charge backs can come over six months later!
- Most valuable online accounts can easily be recovered by social engineering (the user contacting support to say they were hacked, and regain control of the account) Examples: Steam
When should you use Escrow?
- Never send collateral directly to a low activity/post account offering you a loan, as they are likely to take your coins and disappear. (Collateral Scam)
- Use only "Legendary Members" for escrow - they have a vested interest in the community with the time they have spent here.
- Do not use a third party escrow service unless hero members can vouch for it - it's too easy to create a website, do a few escrows then disappear with a big balance. Rinse and repeat.
- A list of trusted escrows can be found here: https://bitcointalk.org/index.php?topic=855778.0
When considering the trustworthiness of a user, ignore "Posts" as there are schemes that pay a user per post. A person can make 1,000 useless posts in one day and contribute nothing to the community. Instead look at the "Activity" number - that gives you a more accurate tally of how involved the user is in the community. The new "Merit" system highlights thoughtful or useful posts, but gives no indication of trustworthiness.
Ignore the sob stories that users post - it's just a scam to get your coins. If a person really is in such a situation, they can turn to family, friends or other social circles they frequent. They are just posting in our community because the payment is anonymous and irreversible.
Collateral is something that can easily be resold to cover the loan value plus interest should the loaner default on the loan.
- The best collateral is another crypto-currency, such as Ethereum (also written as ETH). Coins must be moderately traded on multiple exchanges.
- Some digital wares such as domain names can be considered as long as the user cannot recover it.
- Small valuable items that can be shipped though the mail - i.e. gold, silver, iphones, etc.
- Large items, such as a motorcycle or guitar can be used if you live close to the person giving you the loan. Try localbitcoins.com
What is not considered collateral?
- Merit. Bitcointalk Merit is not a commodity and is not meant to be traded. Asking or doing so may get you negative trust (Trade with Extreme Caution!)
- Items they want to sell. They don't want it back, so they will default. It's scammy unethical behavior and will lead to negative trust. Check their recent posts!
- Items not in hand. Don't trust a user that promises to give you something *when* they default! Tracking numbers only show something has been mailed - it could be an empty box.
- Future income. You can prove you'll make xx coins in the next few days, but nothing forces you to send those coins to pay your debt.
- Identification. So what if they can prove who they are. Are you going to spend more money and time taking them to court on untested legal grounds? You'll probably just walk away, like everyone does. ID is useless.
- Games codes or similar. To verify the collateral you need to use the code, which destroys the collateral. Consider this a purchase, not a loan. (Post in Digital Goods instead)
- Most new alt-coins or alt-coins that trade for satoshis are not good collateral as they can become worthless overnight.
- Most pre-coins/tokens are worthless, or may take significant time to be worth anything.
- Paypal should never be used - they are anti-bitcoin and will rule against you 100% of the time. Escrow can't even help, as paypal charge backs can come over six months later!
- Most valuable online accounts can easily be recovered by social engineering (the user contacting support to say they were hacked, and regain control of the account) Examples: Steam
When should you use Escrow?
- Never send collateral directly to a low activity/post account offering you a loan, as they are likely to take your coins and disappear. (Collateral Scam)
- Use only "Legendary Members" for escrow - they have a vested interest in the community with the time they have spent here.
- Do not use a third party escrow service unless hero members can vouch for it - it's too easy to create a website, do a few escrows then disappear with a big balance. Rinse and repeat.
- A list of trusted escrows can be found here: https://bitcointalk.org/index.php?topic=855778.0
When considering the trustworthiness of a user, ignore "Posts" as there are schemes that pay a user per post. A person can make 1,000 useless posts in one day and contribute nothing to the community. Instead look at the "Activity" number - that gives you a more accurate tally of how involved the user is in the community. The new "Merit" system highlights thoughtful or useful posts, but gives no indication of trustworthiness.
Ignore the sob stories that users post - it's just a scam to get your coins. If a person really is in such a situation, they can turn to family, friends or other social circles they frequent. They are just posting in our community because the payment is anonymous and irreversible.
Oh I see, Thank you very much for the information.
I don't think an NFT can be considered collateral.
They can be . it's just that most of them are worthless.Hello,
I need a loan of 0.01 btc please, I can put my NFTs as collateral : https://opensea.io/collection/the-last-bastion
Your listed NFTs are basically worthless since they have no bids. Do you have any other "valid" collateral ? I need a loan of 0.01 btc please, I can put my NFTs as collateral : https://opensea.io/collection/the-last-bastion
Btw you haven't specified the duration and interest on your loan.
Thanks for your feedback, I don't :/
Hello,
I need a loan of 0.01 btc please, I can put my NFTs as collateral : https://opensea.io/collection/the-last-bastion
I need a loan of 0.01 btc please, I can put my NFTs as collateral : https://opensea.io/collection/the-last-bastion
Hello everyone,
De trade the USDJPY pair today. We can follow the evolution of my ftmo demo account here : https://trader.ftmo.com/metrix?share=a4e756ebec51&lang=en
Let's see if I van pass ftmo challenge with my trading strategy.
De trade the USDJPY pair today. We can follow the evolution of my ftmo demo account here : https://trader.ftmo.com/metrix?share=a4e756ebec51&lang=en
Let's see if I van pass ftmo challenge with my trading strategy.
Check it out ! Is this a correct graph to follow along with? https://www.tradingview.com/chart/?symbol=CME_MINI:ES1!
Yes I think it's pretty similar but more precisely I do my analysis on US 500 from Pepperstone, always on Tradingview.
Please make sure you follow the bumping rules and only bump your thread once every 24 hours. You can edit the previous post with any updates: https://bitcointalk.org/index.php?topic=703657.0
Yes I think it's pretty similar but more precisely I do my analysis on US 500 from Pepperstone, always on Tradingview.
Sell now at 4191.1 half risk
Sl= 4198Close position
Sell at 4197 with micro size (just for fun really ^^)
Sl = 4199
Tp = 4187
Tp update at 4192,2
Sell at 4197 with micro size (just for fun really ^^)
Sl = 4199
Tp = 4187
Tp update at 4192,2
Sell at 4197 with micro size (just for fun really ^^)
Sl = 4199
Tp = 4187