Topic: Loan Defaulted [SiNeReiNZzz] (Read 1036 times)

Of course he only contacted you because I just confronted him yesterday. After months/1 year of silence.

And it is 100% sinereinzzz that I spoke to at stake, so "there is something wrong with him" sounds a little off. When confronted he could have said something about a "brother". He didn't.

He had all the chances to make a new account and write here if he didn't get into his original one. Also he never replied at several outlets like telegram, stake forum, twitter and so on.

But if you believe him, I hope you are getting paid! I will not discuss this anymore here, as you wish.

About being muted at stake. No I am still muted. I made an "appeal thread" in stake forum but it's unanswered.

Edit: Shasan you wrote: "He might have many more accounts or not but based on the conversation it is not possible for him to log into the account and view our posts."

Though, "they" are 100% reading here because as you can see in the 2nd picture, in chat, he called me by my bitcointalk name, my stake name is totally different. How would I know my bitcointalk name if he didn't see this thread and my post?

If it’s actually true and he really got some problem I will apologize to him for calling him out.

Update 1:
Yesterday I received a message from the telegram account of SiNeReiNZzz by his brother and came to know that there is something wrong with him which I do not want to disclose here he might be able to disclose within a short time it might be within few weeks/months.

Update 2:
I was informed that the brother of SiNeReiNZzz will send 0.005 bitcoin and the rest will be done later. I have already received that. I wanted to post yesterday but I wanted to see first whether that is true or not. But hopefully, think SiNeReiNZzz or his brother will repay the rest and will post an update on the forum.

Request from me:
I want to request the community not to discuss this anymore for now until we receive any confirmation from SiNeReiNZzz or his brother about the absence and details of the payment/repayment schedule.

---

I have not discussed it but I think that is not him but it is his brother and don't know the reason for refusing. Have you been unmuted if not then please create a post on the stakes thread from where I think we may get a good result. Also there is a little chance the account is not operating by the same person of the forum.

As the person who logged into the account stake did not log into the forum.
Everything might be changed if the account holder came here and post an update.

He might have many more accounts or not but based on the conversation it is not possible for him to log into the account and view our posts.

You are right but I don't think it is a valid reason for the mute. But it is okay if the muted happened by bot. But if by a moderator then it is not good.

I am sorry to hear that you were muted. The moderator could have listened to you. But, every casino platform chat has rules and maybe this matter is irrelevant there. The moderator could delete the message and ask you not to post something like that. But, I don't see it as an offense that may lead you to get banned from chat.

The shitty thing was his answer. He said he doesn't owe anything. WTF? So, why doesn't he write that here in the forum? Maybe he doesn't care about the forum account anymore since its reputation is already ruined. I guess the same as you. Maybe he has multiple accounts.

If the stake Moderator banned you just for the reason you explained, they will ban Sashan as well if he asks that guy about the loan. This does not happen within their platform. Moreover, they often say that if you get scammed by someone, the platform cannot do anything. So, deal with the people you trust and at your own risk.

Yes, stupid to waste such an account. He could have made much more $ with signature campaigns over time.

I guess he still has another account here an is reading because he just mentioned my name in stake chat for whatever reason and without talking to anybody.

That is very bad of him. He has damaged his hustle in the forum by spoiling his legendary account and end it in this way. This is bad news from him. When he has known that he could not pay the funds at once then he would have discussed with you Shasan to repay it with installmental, that is paying it with bits and if it is weekly or monthly would have been better. What SiNeReiNZzz is very bad. From the action he took by refusing to respond to your chat your PM's shows that he is a pure scammer which nobody should have dealing with him. That is a very bad character he has displayed here. For the Legendary account sake he wouldn't do it.

I wonder why don't he say the same here LOL

Stake have their own forum. If you can create a topic about it may be you will be able to get your ban removed from the chat. It's such a shame that members deny a wrongdoing they did.

Dirty guy sinereinzzz just was in stake chat and I confronted him about his loan.

And as a result I was muted by the mod, what a joke.

His text translates to:

"lol, and you know about the circumstances? I don't owe anything. And there is no reason to explain this here"



After that I got muted by the ridiculous German wannebe mod.
Some guys asked him about it and wanted to know more but since I can't reply and he said it's a lie that's all I could find out.

Wrote Shasan on TG so maybe he can join the chat but he was offline.

In our local board, reports came up that SiNeReiNZzz had been active on Stake (a Casino site) last year as well and talked to at least one member.

He should, for sure. He could have saved himself from so much trouble. 0.01 BTC is barely nothing to ruin his account.
4 weeks of signature campaigns would have re-paid that amount for sure.

Exactly! And shasan would have waited for sure... shasan has been very generous already as his payback date was postponed multiple times...
It's really hard to understand why SiNeReiNZzz made that stupid decision...

I totally understand. It's normal that under some circumstances a borrower can find himself unable to repay a loan on the due date but the least he has to do is to contact the lender and explain his situation and ask for an extension. But if he suddenly goes dark, although being active on other platforms, then I don't know how you can explain/accept it! Sorry, but in this case a red tag is totally justified.

Some members found that he was active on Twitter and Telegram. That means he is active everywhere except the forum. Maybe he doesn't want to think about how stupid this decision is.
On the other hand if we think that he is in a serious problem and having trouble repaying this loan, then he could have been active and asked @shasan for some more time to repay the loan, instead of being inactive like this.

@shasan sorry for your loss, don't know if you will get this money back or not.

Thank you for informing us. It's really sad that SiNeReiNZzz breaks his account like that. I'm assuming he'll never come back. But worse is that shasan lost his money through this scam. I really feel sorry for him. He didn't deserve that. 

It might be. But I think this should not be a big deal as there must have neutral trust in me while lending. A lender and/or trader of reversible payment should be aware of the neutral trust and risk of the transaction (loan or trade). A negative trust from me/you might not be anything but for the borrower, it can be a lot of hassle. I have a borrower who is earning from signature and repaying me for a long time though s/he wasn't able to repay me on time and also wasn't online. Also, I found a few more cases like that too who repaid loans even more than a year later than the due date.
Also, I noticed another lender also getting payment from a borrower's signature campaign as the borrower can't repay the due amount.

---

After all, we all are human beings!

I totally agree here. The amount scammed by SiNeReiNZzz is crazy low and he would receive this amount via his signature campaign in just a few weeks to pay the loan off.
But instead, he decided to scam shasan and ruin his own account.
There's still a little possibility that he'll come back once he realizes how stupid his move was but as said, it's very unlikely. 

Done, too. 
I'm hoping as well that DT members will distrust him as he might also try to sell his account (which is unlikely, too, but we are better off to avoid risk here).

The reason might be simple. He was a known gambler.. it looks like there is probably a time when you simply can no longer weigh what is right and wrong... and then you probably do not care about anything, the main thing you have the stake for the next round - cost what it may 
Unfortunately not an isolated case, even here in the forum... (keyword yogg)

This is the problem. Imo, if a borrower doesn't repay a loan on the due date, he must be tagged the very next day. This is what you should do if you want to alert other lender and save them from being scammed by that person.
You need to realize that if you are going to wait few days/weeks till he responds (which isn't going to happen) then he will use that grace periode to scam other lenders.

I don't know what happened to him, a legendary rank account of good reputation ran away with this small amount (not a big amount according to his rank and reputation). If he had been active in this forum and participated in a signature campaign, it would not have taken much time to pay off this loan. But he became inactive and ruined his reputation.

Flag supported and left a feedback.

He was online on Telegram in the last week or so and someone said that his was active on Twitter few months ago so he is probably alive and well but for whatever reason decided to go awol.

Nice thread. No, fortunately I don't know anyone who had such death, I don't expect to know anyone too.

Rank of an account always don't reflect a constant value. We have Legendary members who even struggle to join a signature campaign (not saying that it is the only scale to justify the value) but $6xx is really a less risky deal with a legendary member especially when they are in a signature campaign and fairly active on the forum. We had yogg who scammed $50k. Let's just hope that he is healthy and come back soon with some convincing story.

First find out he is alive and healthy. Hopefully you will be able to find someone who knows him in person and in touch with his family.

What a shame. I supported your flag and informed the German community here, because SiNeReiNZzz was quite active on the German local board some time ago.

In any case, the German DT-users involved are now aware of the situation and can remove him from their trust list. And there may even be the possibility that someone had closer contact with him.

Maybe he can be convinced to pay the outstanding amount after all. Let's see, maybe there are other German users here who know more. I will let you know if someone replies anything substantial in the German thread.

You are right and there is nothing you and I know you are trying to say on my side.

You are right that trust is easy to build but rank is not easy to build nowadays. And one more thing you have mentioned scammer (lender) will be the scammer (borrower). And the method you have mentioned about manipulating trust is right. That's why I do not give loan based on positive trust.

Because 200$ or 600$ or even 1000$ is nothing to the rank of that account, trust of that account, and more important thing that was engaged in the signature campaign from where the borrower could earn passive income.

I am sorry if my language seems to corner you, I was just sympathy and felt the same as you. I always seen you get scammed on lending, so this is not the 1st time, and I think the lender must change the thing for not to trust anyone here even he have many trust.

Because Trust is easy to build if active in lending if he always pays as a time at commitment,

the scammer (lender) will build the trust step by step; 1st, he lends small money like $20 often, if you already believe, then he increases the medium money to (i.e $100), then if you already believe too, he begins to scam you to increase lending like $500 or over and the lender run away. The scammer (lenders) got laughed at after getting the negative trust, but it's not over, he will repeat again from a newbie account (or maybe a hundred because merit is easy to got), and so on.

I think the lender knows what the risks are, and I also don't think that things like this will discourage him from continuing to run his services. We never know whether someone out there is still healthy or gone, but for whatever your fantasy about SiNeReiNZzz I can't agree with it.

I remember one case in the past, when the borrower's reputation was damaged - then suddenly his friend announced that the borrower was dead and his friend would pay all the loans. The case was resolved smooth between the borrower and the lender. I think one of these is yours, so consider that.

1. What Happen if bitcointalk member pass away?
2. Goodbye Pandukelana2712 - Thanks for your contribution.

Not at all - I started a thread concerning the Grim Reality of the COVID pandemic.  If you know for certain the names of users who have died as a result of contracting Covid, then I invite you to add them to the Honour Roll.

Good luck with the charity my man. It seems you have a good heart for forum members but these scammers are taking chances and trying to scam as much as they can. People are too ungrateful to the people who help them when they are in need.

Why do you think so?

Shasan was saying the telegram account is not operated by the SiNeReiNZzz, he is not on the forum (if I read correctly). It does not make sense to scam $6xx. Is he still with us or passed away. Sorry, I may sound harsh but we have lost a lot of members so far.

Till we do not know the exact reason all of us are right and all of us have a valid point. The person who has defaulted the loan could take more than 1500$ as the person was in legendary, there was positive trust and he was engaged in a signature campaign. So, all the positive aspects were on the account of the defaulter. But if the account was hacked/bought then the scenario could be different.

You need to factor in that the rank level ups requirements are double of the previous one. Arguably, ranking from member to full member is "easy" because it "only" needs 90 merits,  d from FM to SM, 150 more. But, from Senior to hero, it'll need an extra 250, and from hero to legendary, it required the whooping 500 extra merits.

If I may use your very own account as an analogy, you managed to accumulate 219 merits in the past 150 days --which, quite impressive, by the way-- it'll roughly need you a year and a half more from this point, assuming you managed to have the same pace of merit flow, 250ish every 150 days, to reach his level.

And that's merit alone, not the whole positive feedback he managed to achieve.

With such efforts, it'll be quite logical for people with his rank and status to find it counterproductive to "sell" his account for a "mere" $640. And even if he did planned for such scenario, it'll be much more logical to ask for as many lending from as many different people before he finally got tagged, since he's intending to abandon the account, anyway.

That is my just guess and possibility. maybe there is and maybe is not, but this must be considered so it doesn't keep repeating.

when the job begins with a member, it's not hard to next rank. The lender must consider it because this is like a bubble which is about a time to explode.

maybe my thinking is too negative, but if you can understand it, I'm sure you can't get trapped again in the future.

640$ is a big amount for me too. And many people in the world cant earn 640$ in a year. But the account of which we are talking about could earn more than 640$ within few weeks. For example if lowest campaign he can join then monthly income will be 200$ so s/he need only 13 weeks. ANd after the repayment s/he could earn a lot after the repayment of mine. Even if he can repay the loan then s/he will be able to earn a lot than this.

The one handling his telegram is most likely deliberately ignored my message, like what's described above that they read my message through the screen notification and once learned the gist of my chat, they ignored them. Because just like Shasan's situation, when I first initiate the chat, their online activity was "recently", then went to "within a week", and earlier today --and as per when I typed this post-- is "recently" again, means they're at least was online today.

I think I'll leave the tag as well.

And in case our assumption is correct that something happened to the original SiNeReiNZzz account and his telegram is now handled by someone else, I would like to urge anyone reading this thread, or anyone in the future looking for a reference because they've been contacted by username @SiNeReiNZzz or any other username claiming they're him, to consider that the one reaching you is probably not the original reputable member of this forum, and his previous reputation, all the positive feedback, merit, and rank, is no longer valid and shouldn't be used to vouch for credibility of the telegram username.

I guess there's only very small possibility of what you think of SiNeReiNZzz. Moreover, the number of loans taken by SiNeReiNZzz was not comparable to the reputation it had at that time. He could have made $400 per month if he was on campaign that paid him $100/week instead of planning sale of his account which involved such bad reputation like this. That seems far-fetched, and I don't think it makes any sense to do so specifically for user like SiNeReiNZzz.

Even if you can, I think it will take time for your efforts to earn merit to rank up to Member, Full Member, Sr, Hero and Legendary. My speculations about SiNeReiNZzz are not wild like this.

This is his social media accounts, I'm not sure how useful it's because his social media account also inactive too. There's a user already contact him via telegram and haven't get any reply. I'm not sure does the @OP will taking serious in this case, but if you think you want to dox his identity and gather more information, he high likely already share his location to Roobet since he's active to gambler on Roobet and Roobet is a KYC casino.

1. SiNeReiNZzz's twiiter account
2. SiNeReiNZzz's youtube account

I vaguely recall SiNeReiNZzz had a twitter account - can anyone recall what it is, or, other social media profiles?

Average of signature campaign payment for Hero/Legendary rank is $70-$100, which mean he need to be active in this forum for 10 weeks or 2 months and half to get that's money. I check your signature campaign and you can earn $60/week, do you think you want to sell your account for $640 while you have potentially to earn more after 3 months?

If SiNeReiNZzz want to leave this forum completely, he can ask for more loan and sold his account without let anyone know, it doesn't make sense he just want to get $640.

Really? if rank up and getting merit is very easy why your merit doesn't exceed your activity?

Currently you have 420 activity, next 10 weeks you activity already met the requirement to rank up Hero rank, can you prove me you will earn 239 Merit for the next 10 weeks?

Scammers wouldn't stop, when they see a chance they will do it.

It's started from a user who trade for small amount or scam buster to get positive feedback to scam huge amount money in the future.

I can't guess where that exact money run, but still this is the money, because at that time: 12th November 2021, the bitcoin price is about $64K which means he got about $640. I believe at that time he was planning it to steal it. $600 is big money (for me) maybe the same for him, I can do anything with that money, I heard the Legendary account is matching that price, so indirectly he sold his legendary account without bothering to open stall.

the problem here is very easy to rank up, the scammer who stolen money will back here as a newbie and rank up easily because know trick how to rank up even merit is hard to get it, but if know the trick, it will not hard again.

Believe me, it will happen again in the future. we know, scammers are still scammers even if dressed as angel.

Borrowers take loans for emergencies and if face any problems. And until recovered the situation borrower can't repay the full amount in this case there is nothing to do. We have to extend the repayment time. But those who leave the forum there might have an unknown reasons but those who are online on the forum and/or online on other communication gateway but have no response/communication means defaulting on the loan.

Supporting the flag as well, let me know if this (scammer) borrower will wake up and pay you.

I'm also a borrower and I understand that sometimes we're in a situation where we can't able to pay our debt as promised date but it's not good if you'll disappear nowhere.  I know OP is very understanding when it comes to a situation like this and gives an extention if ever.  But being inactive shows no interest to pay.

Hopefully, that borrower will pay.

Before providing 2022 I was at a huge loss but day by day the ratio of defaulters decreased and try to recover the loss. Don't know when the loss will start increasing again and again. Still, I do not want to stop this service as many forum members actually need the loan. They can manage funds but that is time sensitive. For the right people, this forum is the easiest way to take a loan. Note: The main default is more than you can see on the scam accusation thread.

You are obviously right that the person who is operating the telegram is ignoring me.  But I doubt that is operating by the borrower.

Yeah can confirm that he was active on the Stake German chat. Wasn't that active for the last 1 1/2 months but might have a look at it.


Maybe we can catch him there and give him the hint to watch this thread. Maybe it's just a misunderstanding and he's paying off his debt.
The chance is there, but as you've already correctly pointed out, he's a gambler and every single satoshi counts. In this case, the mind probably stops, so that one puts his entire reputation at risk. 

@shasan, looks like you are doing charity on the forum LOL. I am wondering this business eventually is making you profit or you are in huge loss? I saw several of your threads with loan default and I feel that you have lost a handful number of bitcoin so far.

Sorry for your loss brother. Flag supported and left a feedback too.

It's obvious that he is ignoring you. Reading all these text from notification but not tapping the conversation so that you think he has not seen it.

I have just checked and came to know that on telegram the was inactive for about a week though yesterday I noticed the showed recently. And before taking the screenshot it showed me last seen within a week and now showing recently. That means the bitcointalk forum account has not been hacked. So, now I think the borrower is no more or in jail or changed ownership. But at the time of the loan which telegram account was used to conversation is still active even it has been active before few seconds/minutes of posting this.

This is a very curios case for me as well for the reason said numerous times here that the amount dued can be paid with small efforts by such rank and reputation of the borrower and I can't fathom a reason of deliberate default for such amount with "collateral" as high as their account. Just in case, yesterday I notified the person who operates their TG as well.

At the time of the loan I give neutral trust and if no communicaion and/or no communication then i give negaive trust to avoid any other scam. I usually do not want yo create scam accusation. Creating scam acxusation is the last step as on this step the account of the defaulter totally ruin.

I notice you give the users you loan a pretty long rope. I'm sure that has to do with hoping you'll get repaid vs opening a scam accusation and running them off? Might I suggest you keep a public log like zazarb does? https://bitcointalksearch.org/topic/zazarbs-quick-loans-escrow-1161170 This is something where other lenders can see and not get taken as well.

Yes I know, sorry if my post was a bit equivocal but it was just an impersonal/generic you, because as you say no one knows what happened actually, so I didn't want to personalize my speech by naming and blaming SiNeReiNZzz specifically. I hope he is ok and he will come back soon to pay back your loan, but people should try to do their best to inform the lender when something is wrong instead of hiding.

https://en.wikipedia.org/wiki/Generic_you

You have tried to say me (you) but i am not the defaulter. The person who defaulted the loan could just contact me. If the person contact with me then I would not create scam accusation as this amount of fund can be arranged within a short period of time. The reason i have mentioned just as a suspense no proof and no one know what happened.

Having been hacked, solding his account or being banned is not an acceptable justification. If you are an honest person you will contact your creditor through telegram or you will create a new account here to send him a PM or to post a message on the dedicated thread. Moreover the payback address is usually known, so you dont need to have an account to repay your loan at least partially. It's the same if you're jailed, you can ask someone to inform your creditor of the situation.  

Flags are supported, and I've added tag to those users as well.

We don't really know how SiNeReiNZzz is out there, but I'm not going to go too far into speculating like he's dead or something. He should have been able to pay off the loan properly, but we don't really know what happened to cause the loan to default. I hope one day he will come back to you, that's just wish from me.

In the end if fiat money as opposed to crypto had been lent by a brick and mortar bank, then said bank would have marked them as having defaulted on their loan much sooner. 

You are right that it is possible to earn multile times of my fund if the person was active on the forum. I can't imagine this type of incident may happen to a legendary member. I think there might have 3 reasons:
1. The person died
2. The person is in prison
3. The account has been hacked or sold/bough
There might have any other reason but can't guess.

Typing mistake LOL

I usually post here a long after (though for active users I do not make this type of delay). BUt I tag if I do not get any response. Also, before tagging I give several warning.

Flag supported..

It's really a shame though, to destroy a legendary account for an amount not up to $300 when checked with the current price of bitcoin, it's free really a shame, and if this be the reason why he become inactive here(which I highly doubt), then he's indeed a loser..

OP meant 31st December obviously, so it means the defaulter asked for one month extension which is 31st of January 2022,

I commend OP for his level of patience, if it was me, I am not sure I will be patient for this long before calling him out here or tagging him.

Why would he scam for this tiny amount? It was very much possible to earn within a few week from signature campaign considering the pay rate these days we can see. Shame!
Did he scam because the date never came in his calendar? You mean 31st December?

I agree with you that this amount could be earned with a low effort and at the time of accepting the loan request the user was on a signature campaign. There is nothing happened to the user if there is something with the user then still the telegram is active. If there is something wrong then these accounts might be handled with his/her inheritance. But those people are not aware of the forum account and the way of earning funds from the account. Anyway, the person who is operating the telegram is aware of the scam of this fund.

Weird case indeed, that member with a good reputation ends like this over few hundred of dollars worth of bitcoin that he could have earned in a couple of weeks via signature campaign. Anyway, flag supported.

My first thought when I saw that he hasn't been online since March 2022 was that maybe something has happened to him, but I guess that's not the case.

The amount he defaulted the loan isn't high, he's not a shitposter and had decent reputation, it's kinda stupid to ruin his account due to this case.

It's possible if he's comeback and pay full amount of the initial loan with the interest, but I just hope few users who leave him positive feedback need to consider to delete it. I don't think leaving neutral feedback when the loan is fully payed and warn other user to be careful to lend money to this user is enough, because he's already lost his reputation and some people might convinced after looking for his positive feedback.

He was active on twitter last November so nothing happened to him since the loan.

I will keep my eyes open if I can spot him in Stake German chat.

Flag supported.

Sad for you both. But It's really abnormal inactivity. He was last active in this forum on March 04, 2022, 03:22:10 PM. it's around a year. I don't know what could the exact reason but I assume this long inactivity can not be for the 10mBTC loan. Maybe something serious happened to him. Otherwise, a Legendary-ranked profile can not leave the forum for this little amount.

Btw OP already waited for a long time for him. So it's worthy supporting the flag or tagging him.

The SiNeReiNZzz is a legendary member this amount could be gained only less than a month by joining on the signature campaign. I could not understand the reason for defaulting on the loan. The has had several green/positive trusts too on his/her profile. I am a loser but SiNeReiNZzz is more loser than me as his/her profile was more valuable than my fund.

Thank you.

Since he is also a gambler we know where the money might have gone.

Very sad to waste a legendary account because of this.

Hope you somehow get it back Shasan.

Flag supported.

There's a couple of people who DT trust him. Hopefully they revoke their support soon.

Reserve

What happened:: SiNeReiNZzz took 0.01BTC Loan from me on 12th November 2021 and repayment amount should be 0.01100643BTC on 31st December 2021. Latter asked for an extension for up to 31st January 2022. But till now I have not got the repayment. S/he read my message on telegram on march 16th 2022. After that he diable to call him and probably ignored me. Though I can see his online status changed to within a week, recently, etc. But s/he never replied to me. Last active o the forum March 04, 2022, 03:22:10 PM I have already given negative trust on 2022-10-31

Scammers Profile Link: https://bitcointalksearch.org/user/sinereinzzz-251328

Reference Link: https://bitcointalksearch.org/topic/m.58409181
Amount Scammed: 0.01100643BTC
Payment Method: BItcoin
Proof of Payment: https://www.blockchain.com/btc/tx/5a925c9e541a40e75f29aea477ce3f335f9fff14b5421e0476c172f0f42bfa18
Flag: https://bitcointalk.org/index.php?action=trust;flag=3094