BTC-valued Loan 6-12 months (with ceiling and floor repayment maximums?)

[marcotheminer]

Curious to see if there is someone out there who would be ready to loan in BTC terms, for 6-12 months, repayment as discussed per month, repaid denominated in BTC?

Risk factor for me is exchange going up (possible against: fixed USD rate ceiling) and risk factor for the lender involved would be BTC value dropping (against: floor BTC amount to be repaid).

I figure this would be attractive to a short-medium term bearish BTC holder / OG'ers who 'may want to sell' but also don't want off the ride overall.

Thoughts?

[DireWolfM14]

Through blockchain analysis marco appears to be connected to at least two accounts that have defaulted on loans.  I encourage anyone who's considering this to read this thread first:
https://asktom.cf/index.php?topic=5521225.0

[nutildah]

Pay back your loan to shasan. Not because anyone will give you an 8th chance, but because its the right thing to do as a human being.

[marcotheminer]

Oh my, your minds made up..? Jumping the gun much? Back off; you're accusing me of trying to scam on a loan.

I have repaid every single loan I have taken on, and if settled via default, it was settled promptly (not some years+) and at my expense (fiscally and via the trust-rep system here).

Maybe more the question here is why/how the lender got into this mess. There were warning signs (Even I placed a neutral trust on 2double0 in 2019 ... hello?!). Lenders lend. The risk was taken and so far this is the unfolding. FWIW: destroying the account with red trust doesn't help lender nor borrower - I've been both (yes, that being on distinct occasions, sometimes a lender, sometimes a borrower). Usually best to speak in private and go public as the last measure (since that really is the last measure, publicly declaring someone defaulted / starting to pressure them 'more as a criminal'). Maybe that is what happened - not with me - I 'heard' of this upon discovering more negative trust on my profile amid the situation. Money involved can mean quick agitation.

All in all, the speak for me: I have no active loan, nor am I requesting a loan here.

As a reply to quotes above:

Through blockchain analysis marco appears to be connected to at least two accounts that have defaulted on loans.  I encourage anyone who's considering this to read this thread first:
https://asktom.cf/index.php?topic=5521225.0

Pay back your loan to shasan. Not because anyone will give you an 8th chance, but because its the right thing to do as a human being.

Could we please not derail the thread, we can quote into the other thread that shasan created.

[moderator's note: consecutive posts merged]

[suchmoon]

Maybe more the question here is why/how the lender got into this mess. There were warning signs (Even I placed a neutral trust on 2double0 in 2019 ... hello?!). Lenders lend. The risk was taken and so far this is the unfolding. FWIW: destroying the account with red trust doesn't help lender nor borrower - I've been both (yes, that being on distinct occasions, sometimes a lender, sometimes a borrower). Usually best to speak in private and go public as the last measure (since that really is the last measure, publicly declaring someone defaulted / starting to pressure them 'more as a criminal'). Maybe that is what happened - not with me - I 'heard' of this upon discovering more negative trust on my profile amid the situation. Money involved can mean quick agitation.

That's a lot of words not addressing anything in the actual accusation. Are you seriously going to ignore all the wallet connections and everything pointing to YOU being the scammer?

All in all, the speak for me: I have no active loan, nor am I requesting a loan here.

Then get off this board.

[marcotheminer]

There is no dedicated lending-discussion section, so the best place to discuss it is here.

[condoras]

There is no dedicated lending-discussion section, so the best place to discuss it is here.

So you created this thread for discussion purposes only? Doesn't look like that.

[shasan]

Curious to see if there is someone out there who would be ready to loan in BTC terms, for 6-12 months, repayment as discussed per month, repaid denominated in BTC?

Risk factor for me is exchange going up (possible against: fixed USD rate ceiling) and risk factor for the lender involved would be BTC value dropping (against: floor BTC amount to be repaid).

I figure this would be attractive to a short-medium term bearish BTC holder / OG'ers who 'may want to sell' but also don't want off the ride overall.

Thoughts?

Actually, you deserve it! Except for you, I do not think anyone can ask for a loan while there is a strong accusation.  And I was surprised to see that you have still not locked the topic. I think you should contact privately and ask politely the lender who gave the loan to you last time.

[marcotheminer]

I'm not asking for a loan of any size here. In the future I would, if there is in interest from lenders. Doesn't seem like it because BTC is a slow moving / rather-hold asset right now.

[DireWolfM14]

I think you should contact privately and ask politely the lender who gave the loan to you last time.

Based on recent discoveries, that lender is unlikely to take the risk again so don't bother.  In fact, I have it on good authority that lender is unlikely to lend to anyone ever again.  The drama isn't worth the few sats that are earned, assuming that anything is returned at all.

[Free Market Capitalist]

In fact, I have it on good authority that lender is unlikely to lend to anyone ever again.  The drama isn't worth the few sats that are earned, assuming that anything is returned at all.

It sounds to me that you said this before, or something similar. Could it be? Don't take it as me picking on you. Myself, and I think most of us, have said at one time or another that we wouldn't do something again and we ended up doing it the odd time or two. Hence the saying “never say never” (although you talk about likelihood).

[marcotheminer]

Wat. This forum is a like instant chat messaging nowadays..

So in a way this proposed loan is for a BTC-holder who is tending short (wants to hedge against price falls/stagnation).