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Author Topic: Need to borrow 1.5 btc til the end of the week  (Read 665 times)
Acidyo
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April 22, 2014, 10:30:37 AM
 #1

Currently awaiting a bank deposit into kraken but am in need to borrow 1 btc today to make some exchanges into altcoins.

Will post proof of the deposit of 700€ into kraken (just shy of 2 btc).

But need to make a trade today of 1.5 btc and you will receive 1.55 by friday the latest.

Not sure how else I can prove than post a screenshot of the bank transaction, if anyone knows a better way, tell me.

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April 22, 2014, 10:41:33 AM
 #2

Currently awaiting a bank deposit into kraken but am in need to borrow 1 btc today to make some exchanges into altcoins.

Will post proof of the deposit of 700€ into kraken (just shy of 2 btc).

But need to make a trade today of 1.5 btc and you will receive 1.55 by friday the latest.

Not sure how else I can prove than post a screenshot of the bank transaction, if anyone knows a better way, tell me.

The thing is a proof of a deposit is not really collateral by any means. Why can't you wait until the bank deposit goes through?

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Acidyo
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April 22, 2014, 10:48:11 AM
 #3

Currently awaiting a bank deposit into kraken but am in need to borrow 1 btc today to make some exchanges into altcoins.

Will post proof of the deposit of 700€ into kraken (just shy of 2 btc).

But need to make a trade today of 1.5 btc and you will receive 1.55 by friday the latest.

Not sure how else I can prove than post a screenshot of the bank transaction, if anyone knows a better way, tell me.

The thing is a proof of a deposit is not really collateral by any means. Why can't you wait until the bank deposit goes through?

Well, i may miss the timing of making a good profit with a certain coin.

But I understand it's hard to get a loan based on trust only.

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tertius993
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April 22, 2014, 11:47:16 AM
 #4

1.5 BTC is also a pretty large loan.

Realistically you will need to provide collateral for that.  Do you have any alt coins you could use?
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April 22, 2014, 03:12:43 PM
 #5

Currently awaiting a bank deposit into kraken but am in need to borrow 1 btc today to make some exchanges into altcoins.

Will post proof of the deposit of 700€ into kraken (just shy of 2 btc).

But need to make a trade today of 1.5 btc and you will receive 1.55 by friday the latest.

Not sure how else I can prove than post a screenshot of the bank transaction, if anyone knows a better way, tell me.

The thing is a proof of a deposit is not really collateral by any means. Why can't you wait until the bank deposit goes through?

Well, i may miss the timing of making a good profit with a certain coin.

But I understand it's hard to get a loan based on trust only.
You might also lose money trading coins
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April 23, 2014, 06:51:10 AM
 #6

You can PM me the information about the altcoins you want to buy and I will possibly structure a deal where I buy the coins now, and you can buy them from me at a predetermined fixed price once your deposit clears. This amounts to using the coins as collateral for a loan.
Acidyo
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April 23, 2014, 06:26:09 PM
 #7

You can PM me the information about the altcoins you want to buy and I will possibly structure a deal where I buy the coins now, and you can buy them from me at a predetermined fixed price once your deposit clears. This amounts to using the coins as collateral for a loan.


Thanks for the offer, but I received my 700€ deposit now and this loan isn't needed anymore. Smiley

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.Join The Quantis Network And Take Control Of Your Privacy & Income.
..DiscordTwitter ⁌☷⁍ Dezentralize Tools ⁌☷⁍ QNet ⁌☷⁍ Masternodes ⁌☷⁍ FacebookExplorer..

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TrollboxChamp
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April 23, 2014, 07:21:49 PM
 #8

He def wouldve turned them into more than 1.5.  Grin

I always see him posting in similar threads and im on the money
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