Topic: 3000-6000 BTC loan - Hookah Lounge - 9/18/12 Update - page 9. (Read 55333 times)

This has no place in banking when you borrow from 99% of the sources available. The sooner you stop seeing the world as your personnal wallet, the better you'll be off.

You. You offered 3% per day. Your contractual offer. Then you. You decided to go back on your offer, because taking a girl to the beach somehow cost you 300$.

https://bitcointalksearch.org/topic/60-btc-loan-85474

nckrazze took you up, and despite the amazing drama you generated, managed to indeed pay him back 75BTC.

By taking another loan, and leaving about 1.54BTC unpaid, under a flat 3% daily. P-p-p-ponzi!

If he kept tally of that 1.54BTC to this day, you would still owe him 30.48BTC.

Worst still, if the interest compounded daily, as it should have, you would still owe him 441.04BTC.

Nah, he was heartless.

Because helping other humans is a good thing to do.

I paid him 75 BTC, I believe.

First, why should he, and more importantly, do you expect this to happen ever?

Also, how much did you pay back, total? I call shenanigans on your repayment of the whole thing.

Finally, even in bitcoins, I never saw anyone offer 4.9kk%. Ever.

He didn't, which was why I paid him.  I was asking him to be an empathetic human being, which he wasn't capable of doing.

It was a short loan that was needed urgently, it's common practice to raise the interest if you need a loan fast.

In what fucking world do you live where the other party, in a contractual context, has any. goddamn. obligation. to modify post hoc said contract?

Who was the idiot who entered a, what was it, 1.5% 3% daily, compounded, loan? Hold up a mirror! Who in their right fucking mind borrows at 23k% 4.9 million motherfucking percent per annum anyway?!

Who in their right fucking mind borrows at 23k% 4.9 million motherfucking percent per annum anyway?!

I'm trying to imagine, after reading the infamous 60 btc loan thread and this one, the type of arguments one could expect from dank about loan repayments. Not just any loan, but the largest loan being asked for on this forum at the moment.

Expecting a payment on Friday, and he missed it? You have no soul and obviously don't understand the way the universe works. He even called his previous lender greedy for holding him to an agreement that was LESS than dank offered himself in the first place.

I can't imagine a worse person to deal with trying to get repaid from, especially after seeing how dank spoke to his previous creditor. He ended up making up hypothetical situations about losing an arm and his mother dying to explain why he was late, in THEORY. Compound that by 10000x (I didn't know how much charcoal costs! I ended up having to get permits! trash bags are expensive! my landlord doesn't take bitcoin and I haven't heard from the exchange I've been using for days!) to get the slightest hint at how bad this would be for the lender.

The hookah lounge is a temporary idea though, dank will move on. The loan isn't for the lounge it's an investment in him, as a person. As an anonymous, unknown, musically talentless, 18 year old child that cannot for the life of him understand why people don't see how great he is.

Whew!

Who said anything about stealing?  Yes, I have water.

Wait, someone seriously invested $5000 in this project??  Who in the world was that?

Just the $5000.  I've been busy with guitar lately.  I'm not in a hurry though, the hookah lounge will come.

My plastic plates are an expense. I get them free, though I listed them as expenses less than 5 minutes ago. Free things are an expense!

Another one! You know what, catching dank in casual lies and misrepresentations can be a fun new game! He doesn't seem capable of stopping himself either.

2 gallons of water a week (a defined quantity for some reason) isn't enough water for a human being. You are suffering from dehydration.

Dank, do you buy water and use plastic spoons because you don't have running water where you live?

Yes.  I get paper plates, paper bowls, paper towels and toilet paper for free, though.