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Topic: [email protected] Late on Loan (Read 1671 times)

legendary
Activity: 2982
Merit: 7986
January 06, 2021, 05:31:15 PM
#23
Well, accepting only 0.02 BTC after almost eight years is mighty generous of you. Turning a $359 profit on an eight year loan is much smaller than sticking with your original terms of 5%, even non-compounded, interest a day, which would have yielded 2.133 BTC after 2,844 days, which is ~$77,000 at current prices.
legendary
Activity: 2310
Merit: 1075
January 06, 2021, 02:46:44 PM
#22
Why did this get digged up 6 years later? lol
Because the OP updated the thread that both parties have come to an agreement on what amount of payment will be paid even with the 5% interest. Check the previous page or the post I quoted below.

Agreed to 0.02 btc payment to resolve debt. Will post proof when done
Status: unpaid so far
member
Activity: 303
Merit: 25
January 06, 2021, 07:24:39 AM
#21
Why did this get digged up 6 years later? lol
legendary
Activity: 3332
Merit: 6809
Cashback 15%
January 05, 2021, 06:17:16 PM
#20
Agreed to 0.02 btc payment to resolve debt. Will post proof when done
Status: unpaid so far
Given how old this thread is, when was that agreement made?  It'd be better if you provided proof before posting anything, but whatever.  If the loan is from 2013 I wouldn't be expecting any kind of payment from the borrower--especially given how much bitcoin is currently worth vs how much it was worth back then.
legendary
Activity: 1632
Merit: 1010
January 05, 2021, 05:50:56 PM
#19
Agreed to 0.02 btc payment to resolve debt. Will post proof when done
Status: unpaid so far
legendary
Activity: 1632
Merit: 1010
April 01, 2014, 08:01:07 PM
#18
I made an agreement ~ nov 2013 with this person to pay me 1 btc and we would call it even. If he did not pay it, I would dox more. This has not been paid at all and he has stopped responding.
Heres some more info about Alonso:
He lives/lived in Guadalajara, Jalisco Mexico

http://mx.linkedin.com/pub/alonso-lizaola/79/245/a32

http://www.slideshare.net/AlonsoLizaola/el-narcotrafico-5722177

https://www.facebook.com/alonso.lizaola

https://www.elance.com/s/alonsoj15/
legendary
Activity: 1632
Merit: 1010
November 17, 2013, 01:02:13 PM
#17
Update: This loan was never paid and if you go by the terms of original agreement, every aspect is completely rediculus about this now. The original amount is obviously worth much more and with the amount of daily compound interest would be astronomical to repay. I think the scam here was he tried to get "tiny" loans from as many people as possible, and never pay them back.

[email protected] is the email..
member
Activity: 70
Merit: 10
April 01, 2013, 06:55:51 PM
#16
Still no payment on loan.
full member
Activity: 182
Merit: 100
March 25, 2013, 05:50:23 PM
#15
I am finally in contact with alonsoj15. Thank you community for your patience. This is my first loan. Any suggestions are welcome! Still hasn't paid but contact is better than no contact.

First, ask why they haven't paid on time, and think about what they say Wink

Then ask how long it'll take to pay back, including paying the interest.
member
Activity: 70
Merit: 10
March 25, 2013, 05:27:26 PM
#14
I am finally in contact with alonsoj15. Thank you community for your patience. This is my first loan. Any suggestions are welcome! Still hasn't paid but contact is better than no contact.
legendary
Activity: 1554
Merit: 1222
brb keeping up with the Kardashians
March 25, 2013, 01:40:32 PM
#13
Lesson learned, I hope. Don't lend any BTC you can't afford to lose.
member
Activity: 70
Merit: 10
March 25, 2013, 01:37:26 PM
#12
Status is: Still no word and still no payments.
legendary
Activity: 1288
Merit: 1226
Away on an extended break
March 25, 2013, 01:37:02 PM
#11
So have you contacted him about this?

The scam forum isn't really for reporting every payment which is overdue by a day.  When you make a scammer accusation you need to provide details, including copies of any PM's or emails which set out the terms of the agreement (redact any personal info) as well as outline any attempts you've made to negotiate a solution to the problem.

I actually didnt move it to the scam forum.

I moved this. It was originally at the Trading subforum.
member
Activity: 70
Merit: 10
March 25, 2013, 01:36:28 PM
#10
So have you contacted him about this?

The scam forum isn't really for reporting every payment which is overdue by a day.  When you make a scammer accusation you need to provide details, including copies of any PM's or emails which set out the terms of the agreement (redact any personal info) as well as outline any attempts you've made to negotiate a solution to the problem.

I actually didnt move it to the scam forum.
vip
Activity: 1302
Merit: 1042
👻
March 25, 2013, 04:33:19 AM
#9
so he owes you about $1, and you will be adding about $0.05 daily?  Surreal.   Here in Vancouver, one of the most expensive cities in the world, that's really not worth mentioning even.  Are you in some 3rd world country where you can buy something with that $1?  I don't understand why a) anyone would want to borrow $1 b) why anyone would spend time lending someone $1 c) why anyone would spend time trying to get that $1 back.   Is it just the moral principal of the thing?    Just curious, there are many posts like this that boggle my mind this way.


I realize this MichaelBliss. This was the first loan for this person. My first bitcoin loan in general. I would like to keep it public if that ok with you. The High interest is based on the fact that he had little to no credentials with me, so to your ignorant comment about being in a 3rd wourld country....It's about establishing creditably in a very odd market....the internet...maybe you have heard of it? Let me ask you think would you ever loan someone more than $1 if they had little to no creditably??
Unfortunately with the bitcoin lending world, if someone has no reputation, more often than not they are going to scam you Tongue
hero member
Activity: 868
Merit: 1000
March 25, 2013, 04:02:11 AM
#8
So have you contacted him about this?

The scam forum isn't really for reporting every payment which is overdue by a day.  When you make a scammer accusation you need to provide details, including copies of any PM's or emails which set out the terms of the agreement (redact any personal info) as well as outline any attempts you've made to negotiate a solution to the problem.
member
Activity: 70
Merit: 10
March 24, 2013, 04:38:26 PM
#7
Yeh. I have been working to figure out the trading aspect and thinking about it logically, lending a small amount first makes sense. It seems that is how credibility is established. I'm kinda new to this bitcoin idea, and one thing I know for sure....It's a very intriguing system. An effect, of a broken system in my humble opinion, not a cause in and of itself, a solution if you will. Anyway, I'm interested in it that's for sure! A 10 mBTC
 background check if you will, so far [email protected] is failing. We will see how it turns out tho!
hero member
Activity: 526
Merit: 500
March 24, 2013, 04:11:36 PM
#6
Ok, thanks.  I haven't really looked at the lending forum much and never really understood all these tiny loans, but that makes sense (sort of).. In this case it does, if you can't trust this guy with $1 that says a lot right there! 
member
Activity: 70
Merit: 10
March 24, 2013, 02:08:22 PM
#5
so he owes you about $1, and you will be adding about $0.05 daily?  Surreal.   Here in Vancouver, one of the most expensive cities in the world, that's really not worth mentioning even.  Are you in some 3rd world country where you can buy something with that $1?  I don't understand why a) anyone would want to borrow $1 b) why anyone would spend time lending someone $1 c) why anyone would spend time trying to get that $1 back.   Is it just the moral principal of the thing?    Just curious, there are many posts like this that boggle my mind this way.


I realize this MichaelBliss. This was the first loan for this person. My first bitcoin loan in general. I would like to keep it public if that ok with you. The High interest is based on the fact that he had little to no credentials with me, so to your ignorant comment about being in a 3rd wourld country....It's about establishing creditably in a very odd market....the internet...maybe you have heard of it? Let me ask you think would you ever loan someone more than $1 if they had little to no creditably??
hero member
Activity: 526
Merit: 500
March 24, 2013, 01:47:10 PM
#4
so he owes you about $1, and you will be adding about $0.05 daily?  Surreal.   Here in Vancouver, one of the most expensive cities in the world, that's really not worth mentioning even.  Are you in some 3rd world country where you can buy something with that $1?  I don't understand why a) anyone would want to borrow $1 b) why anyone would spend time lending someone $1 c) why anyone would spend time trying to get that $1 back.   Is it just the moral principal of the thing?    Just curious, there are many posts like this that boggle my mind this way.
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