need 1.5btc. multiple small loans OK! 20% interest - FUNDED! - page 2.

arklan

legendary

Activity: 1778

Merit: 1008

Quote from: botany on April 12, 2015, 12:39:59 AM

Quote from: marcotheminer on April 12, 2015, 12:35:33 AM

Quote from: botany on April 12, 2015, 12:34:33 AM

The right thing to do in this case would have been for Marco to give Arklan a loan, and for Arklan to take up repayment with individual lenders.
Would have lessened complications.

No, since arklan would then have the chance to run with 2+ BTC. Not that I don't trust arklan (I do), but I'd like to limit risks.

You are right. I hadn't considered that.
You could have done it in 3 or 4 transactions, with each transaction sufficient to pay off one lender.
Alternatively, arklan should have done the talking, finalized things and you could have stepped in when payment was required.

his post kinda jumped the gun while i was at work. very strict no cell phone/non work computer use policies. i'd PM'd him before work and at lunch. his post here was during the second half of my shift.

not complaining mind you. just clarifying.

botany

legendary

Activity: 1582

Merit: 1064

Quote from: marcotheminer on April 12, 2015, 12:35:33 AM

Quote from: botany on April 12, 2015, 12:34:33 AM

The right thing to do in this case would have been for Marco to give Arklan a loan, and for Arklan to take up repayment with individual lenders.
Would have lessened complications.

No, since arklan would then have the chance to run with 2+ BTC. Not that I don't trust arklan (I do), but I'd like to limit risks.

You are right. I hadn't considered that.
You could have done it in 3 or 4 transactions, with each transaction sufficient to pay off one lender.
Alternatively, arklan should have done the talking, finalized things and you could have stepped in when payment was required.

marcotheminer

legendary

Activity: 2072

Merit: 1049

┴puoʎǝq ʞool┴

Quote from: Magic8Ball on April 12, 2015, 12:24:05 AM

Quote from: arklan on April 12, 2015, 12:20:52 AM

Quote from: marcotheminer on April 12, 2015, 12:16:28 AM

Quote from: arklan on April 12, 2015, 12:13:25 AM

so, interesting wrinkle. Magic8Ball is now asking, via PM, for 1.2 btc, not .92... apparently he's doing the math in USD. i'm telling him as politely as i can that btc was loaned and btc will be repaid... but i felt it should be publicly known. charging me more for early repayment just rubs me the wrong way, even if there's a third person involved. not like i could exactly predict the price would drop after all.

As I told Magic8Ball: Had you agreed on USD pegged repayment when you made the loan? If not the it'll be paid in terms of BTC.

nope. we had not. and i did so expecting the price to climb significantly.

he's judiging it now as late fees... i'm... displeased. and done talking about this tonight. too tired.

I told him to cover it in USD as the current amount is giving me a loss. He converted it immediately to USD and now using USD to buy, so I am surprised he is unhappy about this. The current amount means he is making a profit after repaying.

Since it was not pegged to USD I am asking for a late fee instead with the amount being same to the BTC in case it was pegged in USD.

I am surprised by his stance. I have never asked him to pay up even when it was getting late. All I ever told him was to take time to sort it out. Even when he wanted to repay now I told him it is fine if he wants more time.

Marco himself took a late fee of 0.3 BTC, and I think there may be more due to the new deal.

Ok, I think it's fair enough that arklan repays at least the USD worth with the fees added.

Not sure where you saw 0.3 BTC, I have no set late fee nor have I come to the firm agreement of one.

marcotheminer

legendary

Activity: 2072

Merit: 1049

┴puoʎǝq ʞool┴

Quote from: botany on April 12, 2015, 12:34:33 AM

The right thing to do in this case would have been for Marco to give Arklan a loan, and for Arklan to take up repayment with individual lenders.
Would have lessened complications.

No, since arklan would then have the chance to run with 2+ BTC. Not that I don't trust arklan (I do), but I'd like to limit risks.

botany

legendary

Activity: 1582

Merit: 1064

The right thing to do in this case would have been for Marco to give Arklan a loan, and for Arklan to take up repayment with individual lenders.
Would have lessened complications.

Magic8Ball

legendary

Activity: 1050

Merit: 1000

Quote from: arklan on April 12, 2015, 12:20:52 AM

Quote from: marcotheminer on April 12, 2015, 12:16:28 AM

Quote from: arklan on April 12, 2015, 12:13:25 AM

so, interesting wrinkle. Magic8Ball is now asking, via PM, for 1.2 btc, not .92... apparently he's doing the math in USD. i'm telling him as politely as i can that btc was loaned and btc will be repaid... but i felt it should be publicly known. charging me more for early repayment just rubs me the wrong way, even if there's a third person involved. not like i could exactly predict the price would drop after all.

As I told Magic8Ball: Had you agreed on USD pegged repayment when you made the loan? If not the it'll be paid in terms of BTC.

nope. we had not. and i did so expecting the price to climb significantly.

he's judiging it now as late fees... i'm... displeased. and done talking about this tonight. too tired.

I told him to cover it in USD as the current amount is giving me a loss. He converted it immediately to USD and now using USD to buy, so I am surprised he is unhappy about this. The current amount means he is making a profit after repaying.

Since it was not pegged to USD I am asking for a late fee instead with the amount being same to the BTC in case it was pegged in USD.

I am surprised by his stance. I have never asked him to pay up even when it was getting late. All I ever told him was to take time to sort it out. Even when he wanted to repay now I told him it is fine if he wants more time.

Marco himself took a late fee of 0.3 BTC, and I think there may be more due to the new deal.

arklan

legendary

Activity: 1778

Merit: 1008

Quote from: marcotheminer on April 12, 2015, 12:16:28 AM

Quote from: arklan on April 12, 2015, 12:13:25 AM

so, interesting wrinkle. Magic8Ball is now asking, via PM, for 1.2 btc, not .92... apparently he's doing the math in USD. i'm telling him as politely as i can that btc was loaned and btc will be repaid... but i felt it should be publicly known. charging me more for early repayment just rubs me the wrong way, even if there's a third person involved. not like i could exactly predict the price would drop after all.

As I told Magic8Ball: Had you agreed on USD pegged repayment when you made the loan? If not the it'll be paid in terms of BTC.

nope. we had not. and i did so expecting the price to climb significantly.

he's judiging it now as late fees... i'm... displeased. and done talking about this tonight. too tired.

marcotheminer

legendary

Activity: 2072

Merit: 1049

┴puoʎǝq ʞool┴

Quote from: arklan on April 12, 2015, 12:13:25 AM

so, interesting wrinkle. Magic8Ball is now asking, via PM, for 1.2 btc, not .92... apparently he's doing the math in USD. i'm telling him as politely as i can that btc was loaned and btc will be repaid... but i felt it should be publicly known. charging me more for early repayment just rubs me the wrong way, even if there's a third person involved. not like i could exactly predict the price would drop after all.

As I told Magic8Ball: Had you agreed on USD pegged repayment when you made the loan? If not the it'll be paid in terms of BTC.

arklan

legendary

Activity: 1778

Merit: 1008

so, interesting wrinkle. Magic8Ball is now asking, via PM, for 1.2 btc, not .92... apparently he's doing the math in USD. i'm telling him as politely as i can that btc was loaned and btc will be repaid... but i felt it should be publicly known. charging me more for early repayment just rubs me the wrong way, even if there's a third person involved. not like i could exactly predict the price would drop after all.

arklan

legendary

Activity: 1778

Merit: 1008

Quote from: ACCTseller on April 11, 2015, 02:06:13 PM

Quote from: marcotheminer on April 11, 2015, 01:46:57 PM

I will soon be repaying everyone on arklan's behalf (he will owe me the amount that I will send to his lenders). This is to simplify things (1 lender to repay).

The current lender details I have that will be paid out (please confirm):

ducatitalia - 1BTC - 1LUwMs4QJNPWZmaSrD4Uk8SrHSkbaGvqt4
botany - 0.50BTC - ADDRESS NEEDED
Magic8Ball - 0.92BTC - 1HCzqGjDUjmV53LJNrrFQhyF5nvgoSufAp

Sum of 2.42BTC, repayment will be 2.60BTC from arklan to me.

I have not included fees for anyone. If arklan decides to include late fees, they will be paid by him separately.

My current repayment needed is: 1.35BTC not including this loan.

As soon as I send the respective amounts to the 3 other lenders, arklan's debt to them is repaid and I will be the sole creditor (to whom arklan owes 3.77BTC plus any late fees). Arklan may still owe the other lenders late fees.

Marco this is probably not a very good idea. In the event that he does not repay then you will be out several BTC. He is already late on the loan and most banks tend to value loans to be worth less when the borrower is late.

You would probably be able to negotiate with the various lenders to buy their debt from them at a discount, which would increase your potential reward in the event that he actually can repay

Bite me.

I agree with everything Marco said. I can guarantee $200 0 in btc Bi-weekly, on pay days. Like today. I'm exhausted from lack of sleep though... Soon as I get home in passing out, I hope.

botany

legendary

Activity: 1582

Merit: 1064

Quote from: marcotheminer on April 11, 2015, 01:46:57 PM

I will soon be repaying everyone on arklan's behalf (he will owe me the amount that I will send to his lenders). This is to simplify things (1 lender to repay).

Fair enough. My loan isn't due for a long time yet, but if you have talked things over with Arklan, you can send bitcoins to the following address.
1GiZCixEQeDi2NfbsUXbo9DWmj1E9a4Nfn

ACCTseller

hero member

Activity: 532

Merit: 500

no longer selling accounts

Quote from: marcotheminer on April 11, 2015, 01:46:57 PM

I will soon be repaying everyone on arklan's behalf (he will owe me the amount that I will send to his lenders). This is to simplify things (1 lender to repay).

The current lender details I have that will be paid out (please confirm):

ducatitalia - 1BTC - 1LUwMs4QJNPWZmaSrD4Uk8SrHSkbaGvqt4
botany - 0.50BTC - ADDRESS NEEDED
Magic8Ball - 0.92BTC - 1HCzqGjDUjmV53LJNrrFQhyF5nvgoSufAp

Sum of 2.42BTC, repayment will be 2.60BTC from arklan to me.

I have not included fees for anyone. If arklan decides to include late fees, they will be paid by him separately.

My current repayment needed is: 1.35BTC not including this loan.

As soon as I send the respective amounts to the 3 other lenders, arklan's debt to them is repaid and I will be the sole creditor (to whom arklan owes 3.77BTC plus any late fees). Arklan may still owe the other lenders late fees.

Marco this is probably not a very good idea. In the event that he does not repay then you will be out several BTC. He is already late on the loan and most banks tend to value loans to be worth less when the borrower is late.

You would probably be able to negotiate with the various lenders to buy their debt from them at a discount, which would increase your potential reward in the event that he actually can repay

marcotheminer

legendary

Activity: 2072

Merit: 1049

┴puoʎǝq ʞool┴

I will soon be repaying everyone on arklan's behalf (he will owe me the amount that I will send to his lenders). This is to simplify things (1 lender to repay).

The current lender details I have that will be paid out (please confirm):

ducatitalia - 1BTC - 1LUwMs4QJNPWZmaSrD4Uk8SrHSkbaGvqt4
botany - 0.50BTC - 1GiZCixEQeDi2NfbsUXbo9DWmj1E9a4Nfn
Magic8Ball - 1.20BTC - 1HCzqGjDUjmV53LJNrrFQhyF5nvgoSufAp

Sum of 2.70BTC, repayment will be 2.88BTC from arklan to me.

I have not included fees for anyone. If arklan decides to include late fees, they will be paid by him separately.

My current repayment needed is: 1.35BTC not including this loan.

As soon as I send the respective amounts to the 3 other lenders, arklan's debt to them is repaid and I will be the sole creditor (to whom arklan owes 3.77BTC plus any late fees). Arklan may still owe the other lenders late fees.

arklan

legendary

Activity: 1778

Merit: 1008

Quote from: ducatitalia on April 09, 2015, 03:30:11 PM

Quote from: ducatitalia on March 20, 2015, 10:16:56 PM

Quote from: arklan on February 16, 2015, 11:37:20 PM

Quote from: ducatitalia on February 16, 2015, 11:35:54 PM

Quote from: ducatitalia on February 16, 2015, 12:59:49 AM

Quote from: ducatitalia on December 04, 2014, 10:15:30 PM

1BTC loan sent to 1F4j4Lha8BjL4wxwFVbGaQwMJ4Kd1brfXb. Transaction confirmation here:
https://blockchain.info/tx/b720aeaae5b1ebf9bf5b9193f5a600331528dca7bbf175c8555c6623f0e7831a

Please confirm receipt.

Loan Amount: 1BTC
Amount to be Repaid: 1.2BTC (if late, an additional 0.1BTC to be paid for each day after due date).
Due: Midnight GMT on February 15, 2015

Repayment address is in my sig: 1LUwMs4QJNPWZmaSrD4Uk8SrHSkbaGvqt4

Hello there arklan...please let me know the plan going forward and how much time you need. This loan carries a significant late fee of 0.1BTC/day...we need to make arrangements...

Terms of this loan have been renegotiated. arklan has made a payment of 0.5BTC. The remaining amount due is now locked in at 1BTC, due April 15, 2015. This means total repaid will be 1.5BTC, rather than the original 1.2BTC. Late fee provision is waived for two additional months until April 15, 2015, to give time to get affairs in order. If arklan is not able to repay the remaining 1BTC balance due by that date, a new late fee of 0.1BTC per week with be enforced (rather than per day). Again, this is to ensure the loan is paid off at some definitive point. Updated loan terms:

Borrowing Member: arklan
Loan Date: December 4, 2014
Loan Amount: 1BTC
Amount to be Repaid: 1.5BTC, 0.5BTC paid on February 16, 2015, 1BTC balance remains
Due: April 15, 2015
Late Fee: 0.1BTC for each week late

confirm the above.

Responding to this as requested arklan...per our renegotiated terms above, 1BTC is owed by April 15, 2015. Repayment is not required until that date, although late fees would be due there-after.

As an aside--was pleased to hear of your turn of fortune...seems all your diligence has literally and figuratively paid off. Congratulations to you.

Hello arklan...hope all is well. Courtesy reminder that this loan is due by next Wednesday, April 15...outstanding balance is 1BTC.

yea, i know. payday is tomorrow.

ducatitalia

sr. member

Activity: 259

Merit: 250

100% Positive EBAY Feedback Since 2001

Quote from: ducatitalia on March 20, 2015, 10:16:56 PM

Quote from: arklan on February 16, 2015, 11:37:20 PM

Quote from: ducatitalia on February 16, 2015, 11:35:54 PM

Quote from: ducatitalia on February 16, 2015, 12:59:49 AM

Quote from: ducatitalia on December 04, 2014, 10:15:30 PM

1BTC loan sent to 1F4j4Lha8BjL4wxwFVbGaQwMJ4Kd1brfXb. Transaction confirmation here:
https://blockchain.info/tx/b720aeaae5b1ebf9bf5b9193f5a600331528dca7bbf175c8555c6623f0e7831a

Please confirm receipt.

Loan Amount: 1BTC
Amount to be Repaid: 1.2BTC (if late, an additional 0.1BTC to be paid for each day after due date).
Due: Midnight GMT on February 15, 2015

Repayment address is in my sig: 1LUwMs4QJNPWZmaSrD4Uk8SrHSkbaGvqt4

Hello there arklan...please let me know the plan going forward and how much time you need. This loan carries a significant late fee of 0.1BTC/day...we need to make arrangements...

Terms of this loan have been renegotiated. arklan has made a payment of 0.5BTC. The remaining amount due is now locked in at 1BTC, due April 15, 2015. This means total repaid will be 1.5BTC, rather than the original 1.2BTC. Late fee provision is waived for two additional months until April 15, 2015, to give time to get affairs in order. If arklan is not able to repay the remaining 1BTC balance due by that date, a new late fee of 0.1BTC per week with be enforced (rather than per day). Again, this is to ensure the loan is paid off at some definitive point. Updated loan terms:

Borrowing Member: arklan
Loan Date: December 4, 2014
Loan Amount: 1BTC
Amount to be Repaid: 1.5BTC, 0.5BTC paid on February 16, 2015, 1BTC balance remains
Due: April 15, 2015
Late Fee: 0.1BTC for each week late

confirm the above.

Responding to this as requested arklan...per our renegotiated terms above, 1BTC is owed by April 15, 2015. Repayment is not required until that date, although late fees would be due there-after.

As an aside--was pleased to hear of your turn of fortune...seems all your diligence has literally and figuratively paid off. Congratulations to you.

Hello arklan...hope all is well. Courtesy reminder that this loan is due by next Wednesday, April 15...outstanding balance is 1BTC.

arklan

legendary

Activity: 1778

Merit: 1008

Quote from: Magic8Ball on March 26, 2015, 05:35:34 AM

Quote from: arklan on March 20, 2015, 10:18:26 PM

thanks.

assuming relative stability of price, that repayment shouldn't be a problem.

Glad to hear, hoping to clear my two loans soon!

Quote from: Magic8Ball on December 11, 2014, 04:29:02 PM

Quote from: arklan on December 11, 2014, 02:19:33 PM

loan request of .4 btc, repay .5 btc jan 30th as discussed in PM.

address is 1F4j4Lha8BjL4wxwFVbGaQwMJ4Kd1brfXb

Sent https://blockchain.info/tx/01f337464b4ce75b4d2570d41df6c4b37f1b0fed6e974d4dfdf63d59fc645b0d

Quote from: Magic8Ball on March 05, 2015, 01:18:58 PM

Quote from: arklan on March 05, 2015, 12:44:06 PM

loan request of .35 btc, repay with 20% next friday, as discussed in PM.

address is 1F4j4Lha8BjL4wxwFVbGaQwMJ4Kd1brfXb

Sent https://blockchain.info/tx/36d389fc1d85fb7a3ef455a6c536cabdd759d6833cd704b8d54ffe8765dbc394
Please return 0.42 BTC by next Friday to 1HCzqGjDUjmV53LJNrrFQhyF5nvgoSufAp

no worries, i'll get them done.

but right now i've got $500 worth in a speeding ticket plus and car that isn't registered or inspected AND has a coolant leak, so as i said previously, my paycheck tomorrow is going ot have to handle that stuff. i'll get more for bitcoin in two weeks.

Magic8Ball

legendary

Activity: 1050

Merit: 1000

Quote from: arklan on March 20, 2015, 10:18:26 PM

thanks.

assuming relative stability of price, that repayment shouldn't be a problem.

Glad to hear, hoping to clear my two loans soon!

Quote from: Magic8Ball on December 11, 2014, 04:29:02 PM

Quote from: arklan on December 11, 2014, 02:19:33 PM

loan request of .4 btc, repay .5 btc jan 30th as discussed in PM.

address is 1F4j4Lha8BjL4wxwFVbGaQwMJ4Kd1brfXb

Sent https://blockchain.info/tx/01f337464b4ce75b4d2570d41df6c4b37f1b0fed6e974d4dfdf63d59fc645b0d

Quote from: Magic8Ball on March 05, 2015, 01:18:58 PM

Quote from: arklan on March 05, 2015, 12:44:06 PM

loan request of .35 btc, repay with 20% next friday, as discussed in PM.

address is 1F4j4Lha8BjL4wxwFVbGaQwMJ4Kd1brfXb

Sent https://blockchain.info/tx/36d389fc1d85fb7a3ef455a6c536cabdd759d6833cd704b8d54ffe8765dbc394
Please return 0.42 BTC by next Friday to 1HCzqGjDUjmV53LJNrrFQhyF5nvgoSufAp

arklan

legendary

Activity: 1778

Merit: 1008

thanks.

assuming relative stability of price, that repayment shouldn't be a problem.

ducatitalia

sr. member

Activity: 259

Merit: 250

100% Positive EBAY Feedback Since 2001

Quote from: arklan on February 16, 2015, 11:37:20 PM

Quote from: ducatitalia on February 16, 2015, 11:35:54 PM

Quote from: ducatitalia on February 16, 2015, 12:59:49 AM

Quote from: ducatitalia on December 04, 2014, 10:15:30 PM

1BTC loan sent to 1F4j4Lha8BjL4wxwFVbGaQwMJ4Kd1brfXb. Transaction confirmation here:
https://blockchain.info/tx/b720aeaae5b1ebf9bf5b9193f5a600331528dca7bbf175c8555c6623f0e7831a

Please confirm receipt.

Loan Amount: 1BTC
Amount to be Repaid: 1.2BTC (if late, an additional 0.1BTC to be paid for each day after due date).
Due: Midnight GMT on February 15, 2015

Repayment address is in my sig: 1LUwMs4QJNPWZmaSrD4Uk8SrHSkbaGvqt4

Hello there arklan...please let me know the plan going forward and how much time you need. This loan carries a significant late fee of 0.1BTC/day...we need to make arrangements...

Terms of this loan have been renegotiated. arklan has made a payment of 0.5BTC. The remaining amount due is now locked in at 1BTC, due April 15, 2015. This means total repaid will be 1.5BTC, rather than the original 1.2BTC. Late fee provision is waived for two additional months until April 15, 2015, to give time to get affairs in order. If arklan is not able to repay the remaining 1BTC balance due by that date, a new late fee of 0.1BTC per week with be enforced (rather than per day). Again, this is to ensure the loan is paid off at some definitive point. Updated loan terms:

Borrowing Member: arklan
Loan Date: December 4, 2014
Loan Amount: 1BTC
Amount to be Repaid: 1.5BTC, 0.5BTC paid on February 16, 2015, 1BTC balance remains
Due: April 15, 2015
Late Fee: 0.1BTC for each week late

confirm the above.

Responding to this as requested arklan...per our renegotiated terms above, 1BTC is owed by April 15, 2015. Repayment is not required until that date, although late fees would be due there-after.

As an aside--was pleased to hear of your turn of fortune...seems all your diligence has literally and figuratively paid off. Congratulations to you.

marcotheminer

legendary

Activity: 2072

Merit: 1049

┴puoʎǝq ʞool┴

Quote from: arklan on March 16, 2015, 12:19:32 PM

Quote from: jonald_fyookball on March 16, 2015, 08:13:50 AM

I prefer the btc. I believe I am owed 0.6

what is your desired payment address? i'm going to pay you in full.

.25 BTC remaining for this month. marco, coming to you.

https://blockchain.info/tx/72aee5926c48b93c5173b2dcff2bb901a92dfce08601f786435eca360f868128

remaining debt to marcotheminer is 1.35 not counting fees.

others, i'll be in touch mid april.

Confirmed. Total debt left is 1.35BTC excluding late fees.

Topic: need 1.5btc. multiple small loans OK! 20% interest - FUNDED! - page 2. (Read 15042 times)