Topic: 10 btc loan from tenakha - page 2. (Read 2037 times)

When posting loans like this, you should mention both users' bitcoin-otc names.

tenakha=tenakha
curiousone=shaofist

I understand that this could be a completely legitimate transaction, and that tenakha and curiousone both obviously claim that it is.

However, given the circumstances of the transaction between 2 "Jr. Memebers" (one of which only has 13 posts at the time of the transaction), it looked a bit like a single person with two accounts bouncing bitcoin back and forth to try to build up a false reputation.

If this is not true, then I apologize for jumping to the wrong conclusion.

Let me add a few facts that may help:

1. I have been making buy requests for BTC for the past week. I pay GBP via Bank Transfer. curiousone offered me 10 BTC which I bought. Transaction completed fine.

2. A few days (4) later curiousone asked me if I could lend him 10BTC. I did not ask why or what for. Thats his business. Four days after he sold them to me he needed a loan. What for? I have no idea. He requested a short term loan from me (someone he trusted as I paid him CASH up front). He also offered me a good return. I don't know how he is using BTC to make money. Maybe he lent the 10BTC on. Maybe he is an expert in 7 card stud poker - I really don't know. But he promised me 1.5BTC return on a 5 day loan of 10BTC. Now I have SEEN people borrow 2BTC and return 3BTC in less than 4 hours! That happens here on OTC. So who am I to question why curiousone is giving me such a high return? Maybe he doubled the 10BTC? Who knows. The salient point here is that his circumstances changed in the 4 days since he sold me the BTC. That can happen. Nothing odd there really.

Just so I've got this straight:

On 2012-08-29, curiousone sends 10 BTC to tenakha from 12ymeh3 to 15nw38
http://blockchain.info/tx/542d8140d5d0eb131bb6b18c2be0c2508535eae3aa5cdba8e9510d00f409c140

On 2012-09-03, curiousone asks to borrow back the 10 BTC that he sent to tenakha 5 days earlier and curiousone "loans" the exact same coins from 15nw38 back to 12ymeh3
http://blockchain.info/tx/40ee1d3002f257a85650d8e8ba93e014682be7230001f966a2e9156b86f8f071

On 2012-09-04, curiousone sends 11.5 BTC to tanakha repaying the loan from 12ymeh3 back to 15nw38 with interest 4 days early.
http://blockchain.info/tx/1060e746780f3dcdee0597e78aa0e8791833a2c0f085304b0868e9aec570fb5a

Two questions:
If curiousone needed the 10 BTC so bad that he was willing to pay back at an annualized interest rate of 124,16,920,162,027,000,000,000%, then why did he give the 10 BTC to tenakha on August 29th in the first place?

Does this set of transactions seem odd to anyone else?

This loan was repaid in about 24 hours. It was a 5 day loan and I received full interest regardless (thank you).

Building good trust with curiousone.

T.

loan repaid.

I just wanted to give mad props to somebody!

I am nobody and have less the .30000000btc

Somebody was honest and asked for a small .01btc loan so they could come up again,
and somebody joked about him losing it on S******dice or gambling it away.

I am still learning so I documented everything like a corporation loan, was just learning how to pay people from my wallet. He answered a couple of questions of mine after I forgot to see the part were he didn't want to HAVE to answer questions, anyways It took me a couple hours figuring out how to do it, Finally I did it! SO I let him know. We chatted for a bit and he said he would pay me down the road sometime. WITH 72 Hours I GOT THE EMAIL LETTING ME KNOW HE REPAID THE LOAN! A perfect stranger asked for basically nothing but, to me, it was something, and not monetary, Principle. So, I would rather loan somebody I don't know a small amount and not get it back then to loan some ass I already now and have to listen to why they ain't/can't/won't now was going to pay it back.

I sure could use some money, but I can't borrow it, cause I am not sure I or even if I could pay it back. I am doing my best just living a simple life and working my ass off. But if Things get going, it is good to know that good folks out there are doing something, and mad props to all the people who are generous enough to loan doer's funds!

*I figured out how to not get mad when friends don't payback. #1 Don't loan somebody more money than they can afford to pay back, if you loan more than they can afford to pay it back reasonably, sure are an ass and should be in there position, hopefully you will die soon, #2 Don't loan more than you can afford to lose. Like me, I loaned a lot of what I had (digits wise, Not $) and when I got it back had more digits and was so surprised, if I never got it back, I had already figured I would see it down the road, if never and appreciated the few words he shared, I feel like I owe him. GO BITCOIN FRIENDS!!!
MY TWITTER IS FOR BITCOIN AND COMMERCIAL AEROSPACE INTERESTS #geek #bitcoin #knowthecode
@BranzigGracerX

10 BTC sent to curiousone as per terms above.

I am borrowing 10 btc from tenakha, returning him 11.5 in a maximum of 5 days.

Deposit address: 12YMeH317K2Qjon77mhe9topnSDWCebh7y