Author

Topic: [Found] Looking for 28 bitcoin loan (Read 2541 times)

hero member
Activity: 784
Merit: 1000
bitcoin hundred-aire
February 04, 2012, 09:11:16 AM
#29
is he answering his email or fake email ?

nope
hero member
Activity: 602
Merit: 502
February 04, 2012, 05:16:00 AM
#28
is he answering his email or fake email ?
legendary
Activity: 2646
Merit: 1137
All paid signature campaigns should be banned.
February 03, 2012, 07:29:19 AM
#27
Leason also learned, when lending to pay off previous loans, send the money directly to the lenders   Sad
sr. member
Activity: 462
Merit: 250
February 03, 2012, 03:20:43 AM
#26
Happy to answer your questions mila:
...
When doing this loan it was apparent that it would cover the other two or three loans that he had outstanding, but not more.  That was something I was prepared to fund. 
...
What annoyed me, and annoyed INAU even more was after he got my coins he got more from INAU and didn't pay back the other lenders.  ...

Thanks! and also to copumpkin ...
interesting. and sad (the part when kujoking did not use the loan to repay other outstanding loans)

My only experience with bitcoin lending is among friends and non profit.
legendary
Activity: 1449
Merit: 1001
February 02, 2012, 05:04:34 PM
#25
As if it needed stating - the loan has not been repaid.

lets hope for a better outcome from  gurg2.o....
donator
Activity: 266
Merit: 252
I'm actually a pineapple
February 01, 2012, 09:34:07 PM
#24
1) why a high interest loan in the first place? 2 % a day seems to be much by any standard. even for high risk transactions it looks like usury (from far away where I observe it).

Perhaps it's bad form to quote oneself, but I'll do it anyway: https://bitcointalksearch.org/topic/m.723795
hero member
Activity: 518
Merit: 500
February 01, 2012, 09:32:07 PM
#23
And before any others jump in with silly "witless" comments, I confirm the terms are as set out.

what about silly comments after the show?
I'd love to post 2 questions

1) why a high interest loan in the first place? 2 % a day seems to be much by any standard. even for high risk transactions it looks like usury (from far away where I observe it).
2) what was his story? gambling?

Happy to answer your questions mila:

The original quote was to discourage a spate of pointless posting activity that didn't add to the content of the thread.

When doing this loan it was apparent that it would cover the other two or three loans that he had outstanding, but not more.  That was something I was prepared to fund.  It was 2%/day and the rate was one that was suggested and agreed (it was only 5 coins of interest) and there are other loans out there that are similar.  Usury perhaps, but in context of the volatility and risks, it is about right just at the moment. 

What annoyed me, and annoyed INAU even more was after he got my coins he got more from INAU and didn't pay back the other lenders.  At that stage it was a bad loan.  I definitely would not have loaned if I suspected he was going to scam extra coin from someone else.  His posts to sell stuff did not do much good either.

I don't know if kuJoking7 was a "hardened" scammer having netted a big $100 of coin from me, just an idiot or something else.

Patrick
sr. member
Activity: 462
Merit: 250
February 01, 2012, 08:56:49 PM
#22
And before any others jump in with silly "witless" comments, I confirm the terms are as set out.

what about silly comments after the show?
I'd love to post 2 questions

1) why a high interest loan in the first place? 2 % a day seems to be much by any standard. even for high risk transactions it looks like usury (from far away where I observe it).
2) what was his story? gambling?
hero member
Activity: 518
Merit: 500
February 01, 2012, 02:33:09 PM
#21
As if it needed stating - the loan has not been repaid.
legendary
Activity: 1204
Merit: 1015
January 25, 2012, 11:40:10 AM
#20
yes, confirmed, will accept escrow for items and also use the BTC to repay the loans

It would be better if he directed the payment for the items to me or another reputable member, because we could make sure to use it to repay the loans...
I would be willing to hold the escrow. None of the Lenders should hold it, in case buyers get ripped off. You shouldn't be put in a situation where you have to choose between applying the funds to the loan and creating another person who was scammed, or returning the funds to the buyer.

Also, I happen to be the moderator assigned to this scammer investigation. It is in my interest to not have to fill out the paperwork with theymos to have someone get marked as a scammer.
hero member
Activity: 784
Merit: 1000
bitcoin hundred-aire
January 25, 2012, 09:25:35 AM
#19
Code:
SilverLeaf         15.50  17.5          21st  1rEPaYbh2hHLak54cBeS8Li8v374EbaeV
TheHarbinger        8.50  10.75 (11.9)  20th  1JybK4JDGsKcuSbppNBH2mzd5dDyYnxGNp
PatrickHarnett     28.00  28+20%        30th  ?
ineededausername   40.00  48.00         30th  17RiZ1eaAB9e29kuTxTh8UdPyWSiisAyaZ
slider1978         12.75  14.75         21st  1LRWsqp3aVrTnpqSSWU71FagrbzNsSdxDd
------------------------
TOTAL             104.75
hero member
Activity: 784
Merit: 1000
bitcoin hundred-aire
January 21, 2012, 04:20:54 PM
#18
yes, confirmed, will accept escrow for items and also use the BTC to repay the loans

It would be better if he directed the payment for the items to me or another reputable member, because we could make sure to use it to repay the loans...
hero member
Activity: 602
Merit: 502
January 21, 2012, 04:19:11 PM
#17
yes, confirmed, will accept escrow for items and also use the BTC to repay the loans
hero member
Activity: 784
Merit: 1000
bitcoin hundred-aire
hero member
Activity: 518
Merit: 500
January 21, 2012, 04:13:43 PM
#14
sigh, finally got scammed

I am sorry Sad

1 day I go i put my "hmmm" but I deleted it, since he said he would pay back and was late a little bit, he came in online today Last Active:    Today at 09:04:59 PM

maybe he is not scammer and having hard time paying back ?

My preference is that he is having difficulties, and it is still possible it will all work out. 

Also worth noting for those that think the interest rates being charged are exorbitant (huge or usury) having a high proportion of loans go bad is the reason why. These are low/no doc, short term, unsecured loans.  I have looked at three others in the past few days that I have declined to take up, but accepted the risk on a couple of others.
hero member
Activity: 602
Merit: 502
January 21, 2012, 04:05:51 PM
#13
sigh, finally got scammed

I am sorry Sad

1 day I go i put my "hmmm" but I deleted it, since he said he would pay back and was late a little bit, he came in online today Last Active:    Today at 09:04:59 PM

maybe he is not scammer and having hard time paying back ?
hero member
Activity: 784
Merit: 1000
bitcoin hundred-aire
January 21, 2012, 03:10:06 PM
#12
i finally lost on a ponzi lol
hero member
Activity: 518
Merit: 500
January 21, 2012, 03:05:23 PM
#11
Loaned with the potential that it was a minor ponzi.  Commented on this to INAU last night, and obviously others were watching.  Certainly doesn't look like it can last another round.

kuJoking7 - the threads are pretty obviously slanted in one direction at the moment.  People loaned in good faith, and it is up to you to make good on the payments.  Surely you would have paid back the first lenders by now.
hero member
Activity: 784
Merit: 1000
bitcoin hundred-aire
January 21, 2012, 02:27:20 PM
#10
sigh, finally got scammed
legendary
Activity: 2646
Merit: 1137
All paid signature campaigns should be banned.
January 21, 2012, 02:20:04 PM
#9
Updated information collected from all five threads:

https://bitcointalksearch.org/topic/closed155-bitcoin-loan-175-btc-by-friday-jan-20th-58735
https://bitcointalksearch.org/topic/closed-need-1-more-loan-1275-bitcoins-58878
https://bitcointalksearch.org/topic/closedlooking-for-1-more-loan-85-bitcoin-60166
https://bitcointalksearch.org/topic/found-looking-for-28-bitcoin-loan-60453
https://bitcointalksearch.org/topic/closedfinal-loan-18-bit-coins-60469

Code:
SilverLeaf         15.50  17.5          21st  1rEPaYbh2hHLak54cBeS8Li8v374EbaeV
TheHarbinger        8.50  10.75 (11.9)  20th  1JybK4JDGsKcuSbppNBH2mzd5dDyYnxGNp
PatrickHarnett     28.00  28+20%        30th  ?
ineededausername   40.00  ?             ?     ?
slider1978         12.75  14.75         21st  1LRWsqp3aVrTnpqSSWU71FagrbzNsSdxDd
------------------------
TOTAL             104.75
sr. member
Activity: 378
Merit: 250
Why is it so damn hot in here?
January 21, 2012, 11:40:09 AM
#8
No support.  I just have a lot of interest in the business of BTC loaning in general and this guy interests me.  Trying to learn as much as I can from others mistakes before I jump in myself.  Posted to all 4 threads so I could follow them more easily.  Looking like a scammer to me.  Here are the consolidated numbers:

Code:
SilverLeaf       15.5 17.5         21st 1rEPaYbh2hHLak54cBeS8Li8v374EbaeV
TheHarbinger      8.5 10.75 (11.9) 20th 1JybK4JDGsKcuSbppNBH2mzd5dDyYnxGNp
PatrickHarnett   28.0 28+20%       30th ?
ineededausername 40.0 ?            ?    ?
TOTAL            92.0

Yeah, I assumed he was scamming even before this went crazy. But now... I wonder how many more will get scammed before he has the tag...

I'm just glad I'm the lowest lender on the list at this point.   Undecided

I'm all for slamming a scammer tag on this guy as thing stand right now.  If the loans get repaid, the tag can be removed.
legendary
Activity: 2646
Merit: 1137
All paid signature campaigns should be banned.
January 21, 2012, 11:30:43 AM
#7
No support.  I just have a lot of interest in the business of BTC loaning in general and this guy interests me.  Trying to learn as much as I can from others mistakes before I jump in myself.  Posted to all 4 threads so I could follow them more easily.  Looking like a scammer to me.  Here are the consolidated numbers:

Code:
SilverLeaf       15.5 17.5         21st 1rEPaYbh2hHLak54cBeS8Li8v374EbaeV
TheHarbinger      8.5 10.75 (11.9) 20th 1JybK4JDGsKcuSbppNBH2mzd5dDyYnxGNp
PatrickHarnett   28.0 28+20%       30th ?
ineededausername 40.0 ?            ?    ?
TOTAL            92.0
legendary
Activity: 2646
Merit: 1137
All paid signature campaigns should be banned.
January 21, 2012, 11:12:22 AM
#6
Looks like he just put up a bunch of his stuff for sale.  He may be trying to raise funds to pay you guyes off:

https://bitcointalksearch.org/user/kujoking7-46446
hero member
Activity: 602
Merit: 502
January 20, 2012, 09:15:34 PM
#5
nice  Grin

thanks, for your donation and support, much appreciated.
hero member
Activity: 518
Merit: 500
January 20, 2012, 09:02:12 PM
#4
As an add-on for this particular loan,  when paid back I will be donating half the interest to IBB.
hero member
Activity: 518
Merit: 500
January 20, 2012, 02:26:03 PM
#3
And before any others jump in with silly "witless" comments, I confirm the terms are as set out.
member
Activity: 84
Merit: 10
January 20, 2012, 02:17:57 PM
#2
PatrickHarnett has lent 28 bitcoins, will pay back 28+20% by Monday (Jan. 30th).
member
Activity: 84
Merit: 10
January 20, 2012, 01:55:56 PM
#1
Looking for a 28 bitcoin loan, that will be payed back Monday the 30th at 20%.
Have dealt with TheHarbinger, SilverLeaf, and slider1978 if you need verification.
This loan could be split up between people or one big loan
Thanks  Smiley
Email: [email protected]
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