Let me know if I understood this correctly, I put up 1BTC @ $100k as collateral and a pool of investors go into a joint venture with me and lend me $70k, for example. Suppose I want to buy more BTC with it. I take the money and smash buy $50K in BTC. I pay back my partners regularly and if BTC pumps, my pay back time is shorter, if BTC slumps, I pay them back slower...At the end, if I pay back my partners, I get my collateral back... Is that right?
How are they getting BTC at a discount?
