Topic: 0.5 BTC Loan Request... More Details Inside... - page 2. (Read 4345 times)
He earned .189 BTC last month from his signature campaign. Why were these funds not applied towards the amount due?
Extension granted till 1st of March
Extension has been granted till 11th of February as requested. 
Guys, just chill... I know that I haven't repaid yet, but the last date is 6th Feb if you can read the first page... The only thing I wish to clarify here is, my funds are stucked somewhere due to which I ain't able to repay him currently, but that doesn't mean that I won't... I am going to repay him and prove myself for sure, but the only thing is that, let me get out of this situation, and just don't fear me about any neg trust thing, because I won't get bothered even if I get neutral trust from Watoshi even after repaying him... Just believe, I ain't gonna go anywhere, and I won't be letting anyone ruin my reputation for a loan...
Yea you thought that you helped someone, however the risk is still there on your end. It is a tremendous risk for you. Not only that but the sticky in this section says that any sob story is likely going to be a way for a scammer to get you to send him funds. The 0% interest rate certainly does not help you manage that risk, however the fact that it was a USD pegged loan means that you will end up with more bitcoin assuming he does decide to repay you
?Hi, repayment is almost due.
SInce price went down, you only have to pay 0.5BTC.
SInce price went down, you only have to pay 0.5BTC.
I am not sure why you thought that he is going to repay this. Not only is it a bad idea to transfer debt from one entity to another (as Vod mentioned above), but his reputation is not worth the amount of the loan, and you allowed him to receive payment from his signature campaign prior to the loan becoming due causing him to have the ability to extract money from his signature campaign prior to the likely negative trust he will receive when he does not repay you
I know it is risky, but he looked like he needed it.
Dear Watoshi,
Thanks a lot, man... I am seriously glad and speechless... I will be highly obliged, grateful and indebted to you till the last breath of my life man... I am gonna clear all my bills today and will repay you as soon as I get my payment... Also, just for you, I will again ask my sig camp's manager to pay me some in advance for me to have them secured and included on the other hand for you, with the fiat which will be used by me through my earnings to buy the remaining BTC... 
I am speechless, really... Thanks a lot again...
I can't say it in words, but feeling great and crying with tears of joy... Thanks a lot dear...
Thanks a lot, man... I am seriously glad and speechless... I will be highly obliged, grateful and indebted to you till the last breath of my life man... I am gonna clear all my bills today and will repay you as soon as I get my payment...
Also, just for you, I will again ask my sig camp's manager to pay me some in advance for me to have them secured and included on the other hand for you, with the fiat which will be used by me through my earnings to buy the remaining BTC... I am speechless, really... Thanks a lot again... I can't say it in words, but feeling great and crying with tears of joy... Thanks a lot dear... At least, I helped someone?
that is why I charge 0% interest to certain loans.
I am not sure why you thought that he is going to repay this. Not only is it a bad idea to transfer debt from one entity to another (as Vod mentioned above), but his reputation is not worth the amount of the loan, and you allowed him to receive payment from his signature campaign prior to the loan becoming due causing him to have the ability to extract money from his signature campaign prior to the likely negative trust he will receive when he does not repay you
I know it is risky, but he looked like he needed it.
Dear Watoshi,
Thanks a lot, man... I am seriously glad and speechless... I will be highly obliged, grateful and indebted to you till the last breath of my life man... I am gonna clear all my bills today and will repay you as soon as I get my payment... Also, just for you, I will again ask my sig camp's manager to pay me some in advance for me to have them secured and included on the other hand for you, with the fiat which will be used by me through my earnings to buy the remaining BTC... I am speechless, really... Thanks a lot again...
I can't say it in words, but feeling great and crying with tears of joy... Thanks a lot dear...
Thanks a lot, man... I am seriously glad and speechless... I will be highly obliged, grateful and indebted to you till the last breath of my life man... I am gonna clear all my bills today and will repay you as soon as I get my payment...
Also, just for you, I will again ask my sig camp's manager to pay me some in advance for me to have them secured and included on the other hand for you, with the fiat which will be used by me through my earnings to buy the remaining BTC... I am speechless, really... Thanks a lot again... I can't say it in words, but feeling great and crying with tears of joy... Thanks a lot dear... At least, I helped someone?
that is why I charge 0% interest to certain loans.
Hi, repayment is almost due.
SInce price went down, you only have to pay 0.5BTC.
I am not sure why you thought that he is going to repay this. Not only is it a bad idea to transfer debt from one entity to another (as Vod mentioned above), but his reputation is not worth the amount of the loan, and you allowed him to receive payment from his signature campaign prior to the loan becoming due causing him to have the ability to extract money from his signature campaign prior to the likely negative trust he will receive when he does not repay you SInce price went down, you only have to pay 0.5BTC.
Hi, repayment is almost due.
SInce price went down, you only have to pay 0.5BTC.
I am sorry, you got only 0.189 from the campaign. I hope it will not affect your repayment as you promised.
SInce price went down, you only have to pay 0.5BTC.
I will get BTC0.28 and not BTC0.2, as I am confident I will be in the top 10 posters and will get a BTC0.1 bonus, but after 28 days, that's why I took this loan dear..
I am sorry, you got only 0.189 from the campaign. I hope it will not affect your repayment as you promised.
Well, that is not what I meant exactly . Either my English is bad, or yours is bad. Never mind.
I got to go now. and don't forget to repay the loan. bye.
I got to go now. and don't forget to repay the loan. bye.
Repayment amount : BTC equivalent to $137.69 is what I agreed at.
Also, I can now clarify what I meant to say...
If I get 0.28 from the sig camp and the price will be at $250, then that 0.28 will be worth $70, and so the remaining part is $67.69 (~$68) which will be worth BTC0.272 which I will buy in fiat to pay you in full, so you will get 0.552 if the price of BTC will be at $250.
In opposite case, if the price will be up to (let's suppose) $400, and I get 0.28 which will be worth $112, the remaining part in fiat, i.e., $25.69 (~$26) which will be worth BTC0.065 will be bought by me to pay you in full, so you will get 0.345 if the price of BTC will be at $400.
Also, don't worry about the fairness, I will be very true and fair with you based on the fiat and price of BTC at the time of repaying you, and will also pay you more than what you bought it for... Trust me, I am your friend...
Also let me know if my above statements clarified you everything or not? Thanks...
Right. everything is clarified. it is what I meant. No one makes a loss. Thanks
lol, you don't have to be so kind. Just the loan amount is quite enough
bye
Well, that is not what I meant exactly . Either my English is bad, or yours is bad. Never mind.
I got to go now. and don't forget to repay the loan. bye.
I got to go now. and don't forget to repay the loan. bye.
Repayment amount : BTC equivalent to $137.69 is what I agreed at.
Also, I can now clarify what I meant to say...
If I get 0.28 from the sig camp and the price will be at $250, then that 0.28 will be worth $70, and so the remaining part is $67.69 (~$68) which will be worth BTC0.272 which I will buy in fiat to pay you in full, so you will get 0.552 if the price of BTC will be at $250.
In opposite case, if the price will be up to (let's suppose) $400, and I get 0.28 which will be worth $112, the remaining part in fiat, i.e., $25.69 (~$26) which will be worth BTC0.065 will be bought by me to pay you in full, so you will get 0.345 if the price of BTC will be at $400.
Also, don't worry about the fairness, I will be very true and fair with you based on the fiat and price of BTC at the time of repaying you, and will also pay you more than what you bought it for... Trust me, I am your friend...
Also let me know if my above statements clarified you everything or not? Thanks...
No, I had thought you need a USD pegged loan because you had to buy it. Now I get that part of the repayment amount will come from the signature campaign.
So I was asking you that, at the time of repayment, can you decide an honest amount for so that both of us won't make a profit or loss.
Edit: that is is other words, pay what you think is fair after taking into account the price.
Like if you get 0.25 from campaign and price is at $10000, you can pay : 0.25 BTC + ~$65 worth of btc . You get the idea?
So I was asking you that, at the time of repayment, can you decide an honest amount for so that both of us won't make a profit or loss.
Edit: that is is other words, pay what you think is fair after taking into account the price.
Like if you get 0.25 from campaign and price is at $10000, you can pay : 0.25 BTC + ~$65 worth of btc . You get the idea?
Ok, I get it... You mean I need to repay BTC equivalent to the amount you purchased at, right? And don't worry... I will send you higher than your fiat, as I won't only paying you with my sig camp only, but also through my salary that will come on 20th...
Well, that is not what I meant exactly . Either my English is bad, or yours is bad. Never mind.
I got to go now. and don't forget to repay the loan. bye.
No, I had thought you need a USD pegged loan because you had to buy it. Now I get that part of the repayment amount will come from the signature campaign.
So I was asking you that, at the time of repayment, can you decide an honest amount for so that both of us won't make a profit or loss.
Edit: that is is other words, pay what you think is fair after taking into account the price.
Like if you get 0.25 from campaign and price is at $10000, you can pay : 0.25 BTC + ~$65 worth of btc . You get the idea?
So I was asking you that, at the time of repayment, can you decide an honest amount for so that both of us won't make a profit or loss.
Edit: that is is other words, pay what you think is fair after taking into account the price.
Like if you get 0.25 from campaign and price is at $10000, you can pay : 0.25 BTC + ~$65 worth of btc . You get the idea?
Ok, I get it... You mean I need to repay BTC equivalent to the amount you purchased at, right? And don't worry... I will send you higher than your fiat, as I won't only paying you with my sig camp only, but also through my salary that will come on 20th...
Well, I get your point. If you are paying me with the signature campaign's earnings, that will be around say 0.2. I see.
In that case, can you be honest, and pay such an amount as that will cause no loss to me or you?
In that case, can you be honest, and pay such an amount as that will cause no loss to me or you?
You mean you want BTC0.2 back to be sent by me now?
No, I had thought you need a USD pegged loan because you had to buy it. Now I get that part of the repayment amount will come from the signature campaign.
So I was asking you that, at the time of repayment, can you decide an honest amount for so that both of us won't make a profit or loss.
Edit: that is is other words, pay what you think is fair after taking into account the price.
Like if you get 0.25 from campaign and price is at $10000, you can pay : 0.25 BTC + ~$65 worth of btc . You get the idea?
Done.
txid : 3faaaff1227bc9cf1c63e660efec9035f5962fc60b985018945adebd7c5e15b3
Repay to 16kLvpNUxncRWvAitL5rU6p6EQL5QmMxtP only in 30 days. 6 February 2015.
Please confirm.
txid : 3faaaff1227bc9cf1c63e660efec9035f5962fc60b985018945adebd7c5e15b3
Repay to 16kLvpNUxncRWvAitL5rU6p6EQL5QmMxtP only in 30 days. 6 February 2015.
Please confirm.
Dear Watoshi,
Thanks a lot, man... I am seriously glad and speechless... I will be highly obliged, grateful and indebted to you till the last breath of my life man... I am gonna clear all my bills today and will repay you as soon as I get my payment...
Also, just for you, I will again ask my sig camp's manager to pay me some in advance for me to have them secured and included on the other hand for you, with the fiat which will be used by me through my earnings to buy the remaining BTC... I am speechless, really... Thanks a lot again... I can't say it in words, but feeling great and crying with tears of joy... Thanks a lot dear... You are welcome.
Well, I get your point. If you are paying me with the signature campaign's earnings, that will be around say 0.2. I see.
In that case, can you be honest, and pay such an amount as that will cause no loss to me or you?
In that case, can you be honest, and pay such an amount as that will cause no loss to me or you?
You mean you want BTC0.2 back to be sent by me now?
EDIT: I will get BTC0.28 and not BTC0.2, as I am confident I will be in the top 10 posters and will get a BTC0.1 bonus, but after 28 days, that's why I took this loan dear...
Done.
txid : 3faaaff1227bc9cf1c63e660efec9035f5962fc60b985018945adebd7c5e15b3
Repay to 16kLvpNUxncRWvAitL5rU6p6EQL5QmMxtP only in 30 days. 6 February 2015.
Please confirm.
txid : 3faaaff1227bc9cf1c63e660efec9035f5962fc60b985018945adebd7c5e15b3
Repay to 16kLvpNUxncRWvAitL5rU6p6EQL5QmMxtP only in 30 days. 6 February 2015.
Please confirm.
Dear Watoshi,
Thanks a lot, man... I am seriously glad and speechless... I will be highly obliged, grateful and indebted to you till the last breath of my life man... I am gonna clear all my bills today and will repay you as soon as I get my payment...
Also, just for you, I will again ask my sig camp's manager to pay me some in advance for me to have them secured and included on the other hand for you, with the fiat which will be used by me through my earnings to buy the remaining BTC... I am speechless, really... Thanks a lot again... I can't say it in words, but feeling great and crying with tears of joy... Thanks a lot dear...
Well, I get your point. If you are paying me with the signature campaign's earnings, that will be around say 0.2. I see.
In that case, can you be honest, and pay such an amount as that will cause no loss to me or you?
In that case, can you be honest, and pay such an amount as that will cause no loss to me or you?
Need: BTC0.5
Repayment: BTC0.65 (1% per day for 30 days = 30% interest in total) NOTE: I will repay based on the exact days, it means that if I repay before 30 days. it will be counted as mentioned before, i.e., 1% per day...
Purpose: Need to pay my bills in order to sort out my current problems that am facing.
Address: 13CZj5mHbrh3mAyjBZ3yCfKKeFUsfsrDC9
Collateral: None
Repayment: BTC0.65 (1% per day for 30 days = 30% interest in total) NOTE: I will repay based on the exact days, it means that if I repay before 30 days. it will be counted as mentioned before, i.e., 1% per day...
Purpose: Need to pay my bills in order to sort out my current problems that am facing.
Address: 13CZj5mHbrh3mAyjBZ3yCfKKeFUsfsrDC9
Collateral: None
Accepted.
New terms.
Loan amount : 0.5BTC
Repayment in 30 days. Max.
Interest : 0%
Loan pegged to USD. If Bitcoin price goes down, I will make a loss. If it goes up, you will have a loss.
Loan amount is USD: $137.69 (the price I just bought at bitfinex ~275.39)
Repayment amount : BTC equivalent to $137.69.
Please confirm
I am fairly bullish on bitcoin. I only made that offer since I thought it is beneficial to the OP. Well, I am confused now.
Will let OP choose what he want.
Will let OP choose what he want.
Well, as I said before, I am ok with it, although I was a bit confused about your profit and loss explanation, but now I got it...
And I am glad seriously as finally can get all me bills cleared today so that my family won't see such a day, I thought would have come...
I hereby confirm that I am taking this loan on a "pegged to fiat" basis and will repay based on the same...
Done.
txid : 3faaaff1227bc9cf1c63e660efec9035f5962fc60b985018945adebd7c5e15b3
Repay to 16kLvpNUxncRWvAitL5rU6p6EQL5QmMxtP only in 30 days. 6 February 2015.
Please confirm.
I am fairly bullish on bitcoin. I only made that offer since I thought it is beneficial to the OP. Well, I am confused now.
Will let OP choose what he want.
Will let OP choose what he want.
Well, as I said before, I am ok with it, although I was a bit confused about your profit and loss explanation, but now I got it...
And I am glad seriously as finally can get all me bills cleared today so that my family won't see such a day, I thought would have come...
I hereby confirm that I am taking this loan on a "pegged to fiat" basis and will repay based on the same...
Jump to: