Noted, will correct when using a formula to calculate interest.
MtGox locked my money up, what could I do about it? I made the lender plenty of money at 3% daily.
I don't see the problem with a million dollar loan request. I have the ideas to do something effective with that capital. This is me attempting to build reputation prior to reaching larger loans.
Do you have something that would back up your bank? Some collateral in the form of your coins locked in other banks like Patrick's or GLBSE would be more reassuring to your loaners. Consider having someone reputable that would insure your holdings. I am fine with another bank popping up as it means another new investment opportunity for me, but that does not mean I am willing to put up with you losing the money in a hard situation or something.
Patrick and his Starfish bank operates like an ATM - I have learnt to expect my coins within 10 hours from him. I'm not too sure about your case.
About the part where you made the lender plenty of money at 3% daily, I saw that you also made the lender a lot of problems.
Dank, simple question: Is the money you borrowed yours?
No? Then quit the fucking excuses. This is real life. Put down the bowl and grow up. We're not your parents or close friends and accordingly we don't know your character. Things didn't go as you planned? BTC price raised unexpectedly? Tough luck. That's what happens. Without nckrazze you wouldn't have even had the 60 BTC loaned to you to begin with.
nckrazze was kind enough to take a chance and trust your character, which is a lot more than most people would do for a stranger in this world. Just say, "I'm sorry, I fucked up, you were right" and then do everything you possibly can to get the money to him in the quickest way possible. That is what a responsible person would do. Are you responsible, dank?
If you got all defensive reading what I just wrote, perhaps therein lies the problem.
What excuses are you talking about? I've never denied responsibility for this. I've said time and time again I'll pay it once my usd converts to BTC. I'm only stating how nckrazze probably won't lookout for you if you're in a situation like mine and need some time.
Here's an example (bolded emphasis mine):
explained my situation to you, mtgox locked my money up, I lost the rest of my money in a hard situation. Even though I recovered from that, I told you I needed time to get money back from mtgox. With the BTC price raise, it was impossible for me to pay the whole thing. I deposited 40 more dollars, the last of my bank account in order to add funds to mtgox. Now it will take longer as I need to submit another deposit.
You'll get your money, but with the choice you're choosing it will take longer for us both.
Mt. Gox locked your money up? You didn't consider this possibility in advance?
A "hard situation?" Life's tough, get a helmet.
BTC price raise made paying impossible? BTC has never been volatile in the past?
And then you defer your responsibility onto nckrazze by claiming his choices (as opposed to yours) are the root cause of subsequent delays?
Look dude, when you agree to a loan, you should make sure you have your bases covered. In the thread where you are requesting a 1-10 mil loan (which is outright laughable), you claim that you 'manage your finances responsibly' or something to that effect. You can't even 'manage' to pay back a 60 BTC loan in a timely manner, and when YOU, DANK, FAIL to honor your word, you blame your situation on commonplace events and act as though you're a victim of circumstance.
No, you're a victim of your own financial incompetence. Read what I said about getting defensive.