Author

Topic: Seeking 300 BTC Loan (Read 5650 times)

hero member
Activity: 868
Merit: 1002
January 20, 2013, 06:34:14 PM
#67
Jeez, sorry to see this happen. But really, who in their right mind would ever loan 300 BTC to a good with 250 posts?
Just FYI - this tact is not going to help you scam anyone.
newbie
Activity: 28
Merit: 0
January 20, 2013, 05:15:33 PM
#66
Jeez, sorry to see this happen. But really, who in their right mind would ever loan 300 BTC to a guy with 250 posts?
Vod
legendary
Activity: 3668
Merit: 3010
Licking my boob since 1970
January 15, 2013, 01:09:07 PM
#65
Ouch.
Why you always make Low quality posts?

Every one of your posts has been low quality - one line posts that contribute nothing to the discussion.

Then came the loan request.   Undecided
hero member
Activity: 868
Merit: 1000
January 15, 2013, 01:04:24 PM
#64
?

My sentiment exactly. The last $400 got reversed by paypal for fraud as well. Too bad goat is not around to tell me how much he told me so.

You used Paypal to receive money for bitcoins ? Oh dear....
hero member
Activity: 952
Merit: 1009
January 15, 2013, 10:57:53 AM
#63
Ouch.
Why you always make Low quality posts?

When are you going to make a loan request, scammer?

He already did. Didn't turn out well.
legendary
Activity: 910
Merit: 1000
★YoBit.Net★ 350+ Coins Exchange & Dice
January 15, 2013, 09:11:27 AM
#62
ring up mummy and daddy ?
isnt the guy like 14 ?
donator
Activity: 1057
Merit: 1021
January 14, 2013, 07:33:38 PM
#61
Ouch.
Why you always make Low quality posts?

When are you going to make a loan request, scammer?
hero member
Activity: 868
Merit: 1000
January 14, 2013, 06:52:49 PM
#60
If the price is at 40 when it's time to pay back, will you still pay back 320 btc ?
member
Activity: 112
Merit: 10
January 14, 2013, 05:55:05 PM
#59
Ouch.
Why you always make Low quality posts?
donator
Activity: 1057
Merit: 1021
January 14, 2013, 05:12:07 PM
#58
Ouch.
full member
Activity: 210
Merit: 100
January 14, 2013, 03:55:04 PM
#57
?

My sentiment exactly. The last $400 got reversed by paypal for fraud as well. Too bad goat is not around to tell me how much he told me so.
donator
Activity: 668
Merit: 500
October 12, 2012, 03:00:10 AM
#56
$300 received, converted to bitcoin 300/(12.05*1.005) -> 24.77240354BTC

Total principal remaining: 255.56102847BTC
Hmm, at least it's moving.  We might be done by June.
full member
Activity: 210
Merit: 100
October 12, 2012, 01:59:52 AM
#55
$300 received, converted to bitcoin 300/(12.05*1.005) -> 24.77240354BTC

Total principal remaining: 255.56102847BTC
hero member
Activity: 952
Merit: 1009
October 09, 2012, 03:58:13 AM
#54
So... anyone know what was the BTC price on 17th June and 20th July?

I'm trying to figure out how much worse he made his situation simply by paying so tardy.
full member
Activity: 210
Merit: 100
October 09, 2012, 03:17:55 AM
#53
$100 received, converted to bitcoin 100/(11.95*1.005) -> 8.32656799BTC

Total principal remaining: 280.33343201BTC
sr. member
Activity: 280
Merit: 250
September 05, 2012, 10:06:15 AM
#52
jake , can you tell us your project, you used the loan for a new website

is it ready yet ?

No I cannot right now, I am working with a very large company, and they love it. So once it is ready, and I have permission to discuss the project, then I can.

You cannot right now, you are a teenager and you're working with a very large company, and they love it?

Anyone got any popcorn left?
donator
Activity: 668
Merit: 500
September 05, 2012, 09:29:29 AM
#51
11.58BTC repaid.

Total principal remaining: 288.66BTC

So Jake, what's the explanation for your tardiness?

You've barely repaid 10% of what you borrowed, and you're now over 6 weeks late from when you promised to return 100%.

You're not, perchance, waiting on a Pirate payout are you?
full member
Activity: 210
Merit: 100
August 18, 2012, 05:10:25 PM
#50
11.58BTC repaid.

Total principal remaining: 288.66BTC
hero member
Activity: 1078
Merit: 502
August 12, 2012, 11:50:08 AM
#49
Good to hear man...
donator
Activity: 256
Merit: 250
Happy New Year!
August 09, 2012, 11:17:47 PM
#48
I have a very exciting and profitable future in front of me, and I would never ruin that, not a chance.
hero member
Activity: 506
Merit: 500
August 09, 2012, 07:16:56 PM
#47
It's nice that he's paying back, although I wouldn't consider it a positive transaction.
hero member
Activity: 1078
Merit: 502
August 09, 2012, 06:11:51 PM
#46
By the time this gets paid BTC will be worth $120 a pop Cheesy
legendary
Activity: 1554
Merit: 1222
brb keeping up with the Kardashians
August 09, 2012, 06:11:05 PM
#45
Gotta say I'm impressed that Jake is at least making a good-faith effort to pay this back.
full member
Activity: 210
Merit: 100
August 09, 2012, 05:55:21 PM
#44
Received 7.44506523 toward loan repayment.

307.69-7.44506523=300.24493477BTC remaining.
hero member
Activity: 1078
Merit: 502
August 06, 2012, 10:56:42 AM
#43
Oh no, I didn't mean Jake..... was just an open question Smiley
legendary
Activity: 966
Merit: 1003
August 06, 2012, 10:42:25 AM
#42
Anyone ever got their head pounded over a BTC loan yet?

I don't believe so, but you'd think Shakaru would be first in line, not Jake Wink
donator
Activity: 256
Merit: 250
Happy New Year!
August 05, 2012, 07:43:01 PM
#41
jake , can you tell us your project, you used the loan for a new website

is it ready yet ?

No I cannot right now, I am working with a very large company, and they love it. So once it is ready, and I have permission to discuss the project, then I can.
hero member
Activity: 1078
Merit: 502
August 04, 2012, 06:24:39 PM
#40
Anyone ever got their head pounded over a BTC loan yet?
hero member
Activity: 700
Merit: 500
What doesn't kill you only makes you sicker!
August 04, 2012, 03:20:25 PM
#39
I am not here to scam, last thing I need is Alex coming by my house with the ol' baseball bat. If I was here to scam, I would ignore his PM's and cut off communication - which I haven't.
I guess my question would be: Why did you want to borrow cash at an effective rate of 258,000% APR?

Probably because it was the cheapest capital he had access to.
full member
Activity: 210
Merit: 100
August 04, 2012, 02:37:25 PM
#38
Received 4.36BTC.

New balance: 307.69 BTC
sr. member
Activity: 336
Merit: 250
August 03, 2012, 09:16:38 AM
#37
I am not here to scam, last thing I need is Alex coming by my house with the ol' baseball bat. If I was here to scam, I would ignore his PM's and cut off communication - which I haven't.
I guess my question would be: Why did you want to borrow cash at an effective rate of 258,000% APR?
legendary
Activity: 1792
Merit: 1000
August 03, 2012, 07:13:28 AM
#36
Loan is now frozen at 326.4. I will not charge any further interest.

First repayment of 14.35 has come in. Remaining debt is now 326.4 - 14.35 = 312.05 BTC

Jake is communicating well and is determined to pay off his debt. I will continue to update as the debt is paid off.

That's a nice thing for you to do, maybe I'm an usurer Tongue
There's wanting profit and then there's ruining a person unnecessarily.   
hero member
Activity: 506
Merit: 500
August 03, 2012, 06:13:10 AM
#35
Loan is now frozen at 326.4. I will not charge any further interest.

First repayment of 14.35 has come in. Remaining debt is now 326.4 - 14.35 = 312.05 BTC

Jake is communicating well and is determined to pay off his debt. I will continue to update as the debt is paid off.

That's a nice thing for you to do, maybe I'm an usurer Tongue
donator
Activity: 668
Merit: 500
August 03, 2012, 05:20:21 AM
#34
lol, he shouldn't have borrowed in the middle of a huge rally.

Well that is unfortunate and unpredictable.

Borrowing bitcoins for fiat projects has this risk, and it is large while bitcoin is undervalued, which I believe it is.  I think both borrowers and lenders are vastly underestimating it; recalibration seems to be taking a while.
donator
Activity: 256
Merit: 250
Happy New Year!
August 03, 2012, 03:15:13 AM
#33
I am not here to scam, last thing I need is Alex coming by my house with the ol' baseball bat. If I was here to scam, I would ignore his PM's and cut off communication - which I haven't.
full member
Activity: 210
Merit: 100
August 03, 2012, 01:28:48 AM
#32
Loan is now frozen at 326.4. I will not charge any further interest.

First repayment of 14.35 has come in. Remaining debt is now 326.4 - 14.35 = 312.05 BTC

Jake is communicating well and is determined to pay off his debt. I will continue to update as the debt is paid off.
hero member
Activity: 506
Merit: 500
August 02, 2012, 04:31:54 PM
#31
I predicted this one!



He probably isn't a scammer, think about it, unless he is doing any other kind of transaction with that user in this forum, he would just stop replying to PMs.

Unless he hasn't done any payments, in that case he's probably a scammer.
member
Activity: 70
Merit: 15
August 02, 2012, 04:13:14 PM
#30
still getting any?
hero member
Activity: 784
Merit: 1000
bitcoin hundred-aire
August 02, 2012, 04:10:04 PM
#29
lol, he shouldn't have borrowed in the middle of a huge rally.
donator
Activity: 452
Merit: 252
August 02, 2012, 03:30:33 PM
#28
Loan update: Jake is not able to repay the loan in full at this time, however, we have setup a payment plan and he is working to pay it off over time. I will update the thread as payments come in to reduce the principal on the loan.

not sure why you decided to go for a lump sum return on this one, I'd have gone for weekly paybacks, but I guess hindsight is 20/20.
hero member
Activity: 560
Merit: 501
August 02, 2012, 03:12:53 PM
#27
I predicted this one!

full member
Activity: 210
Merit: 100
August 02, 2012, 12:53:14 PM
#26
Loan update: Jake is not able to repay the loan in full at this time, however, we have setup a payment plan and he is working to pay it off over time. I will update the thread as payments come in to reduce the principal on the loan.
legendary
Activity: 1288
Merit: 1227
Away on an extended break
July 29, 2012, 12:33:59 AM
#25
The term on the loan was extended one week, I should have posted here sooner. Jake has been communicating well and right now we are on track for a pay off date of August 3rd. Will post an update next Friday.
Trololol?  Huh
hero member
Activity: 560
Merit: 501
July 28, 2012, 10:35:05 AM
#24
The term on the loan was extended one week, I should have posted here sooner. Jake has been communicating well and right now we are on track for a pay off date of August 3rd. Will post an update next Friday.
donator
Activity: 668
Merit: 500
July 28, 2012, 10:27:57 AM
#23
The term on the loan was extended one week, I should have posted here sooner. Jake has been communicating well and right now we are on track for a pay off date of July 27th. Will post an update next Friday.

So what happened?
legendary
Activity: 1554
Merit: 1222
brb keeping up with the Kardashians
July 21, 2012, 07:34:50 PM
#22
jake was a scammer, right?

I hope not for alexmat.

pretty sure he used to have a scammer tag


He did.
full member
Activity: 210
Merit: 100
July 21, 2012, 01:11:36 PM
#21
The term on the loan was extended one week, I should have posted here sooner. Jake has been communicating well and right now we are on track for a pay off date of July 27th. Will post an update next Friday.
legendary
Activity: 1022
Merit: 1000
BitMinter
July 21, 2012, 11:43:32 AM
#20
jake was a scammer, right?

I hope not for alexmat.
hero member
Activity: 506
Merit: 500
July 21, 2012, 11:12:08 AM
#19
I'm microwaving my popcorns over here.
member
Activity: 70
Merit: 15
July 21, 2012, 09:45:50 AM
#18
probably late and will pay back soon .....
good luck
hero member
Activity: 686
Merit: 500
Wat
July 21, 2012, 02:18:56 AM
#17
Did this happen ?
donator
Activity: 668
Merit: 500
July 21, 2012, 02:11:39 AM
#16
Loan funded. Expect 320BTC repayment no later than end of day July 20th, 2012.

Best of luck with your project.

...so....did the repayment happen?    Roll Eyes
hero member
Activity: 560
Merit: 501
June 18, 2012, 04:07:15 PM
#15
Aww, looks like Jake bailed on answering questions... and I was just getting started!

Oh well.
legendary
Activity: 938
Merit: 1000
What's a GPU?
June 18, 2012, 10:45:00 AM
#14
watching to see how this turns out...
hero member
Activity: 560
Merit: 501
June 18, 2012, 10:41:03 AM
#13
because you like , he once had scammer tag and took responsibility for his scams/mistakes
I would say our cases are profoundly different. I sold an item and refused to offer a refund when the item turned out to stop working. Compare it to selling an item without warranty.
His case is a clear-cut scam, and the only reason he paid back is because he was stupid enough not to cover his tracks. His identity was found by theymos (not completely certain, something like this), and he felt compelled to pay everyone back to prevent his parents from getting involved.

To summarize: I paid people back because I was sincerely sorry for the situation (although it took me a while); he did because he was afraid of his parents.

if i remember correctly,  you said you would follow your principles and proudly keep the scammer tag and not make a new account , later you ended up paying everyone back.
Something like that, but I never promised not to pay back. The possibility of paying people back was always in the back of my head, so making such a promise just to break it later would be stupid.
hero member
Activity: 560
Merit: 501
June 18, 2012, 10:09:55 AM
#12
So... you're not 18? Why should anyone lend to a liar?
donator
Activity: 256
Merit: 250
Happy New Year!
June 18, 2012, 09:22:01 AM
#11
When will you stop with the lies, tricks, and scams?

Where the fuck in Canada do you live that an 18-year-old (turning 19 this July, I presume?) is considered a minor?!

if you read his history/posts, you will find out he is actually 13-14 years old, he scammed me once (had scammer tag), paid back and apologized for his scams. you pretty much could google his name and find out his age/address

its been 1 year now since he scammed me so i guess he is 15 now

Eh... everything is gone now (I think) except for my domain registrant details.
donator
Activity: 256
Merit: 250
Happy New Year!
June 18, 2012, 09:20:50 AM
#10
I will be paying it back on time of course. My age shouldn't change anything.
newbie
Activity: 57
Merit: 0
June 18, 2012, 02:56:18 AM
#9
Surprised to see a 14/15 he old get a loan for $2,000  Wink Shocked
member
Activity: 105
Merit: 10
June 18, 2012, 01:53:26 AM
#8
 Shocked
donator
Activity: 256
Merit: 250
Happy New Year!
June 17, 2012, 10:57:45 PM
#7
Loan funded. Expect 320BTC repayment no later than end of day July 20th, 2012.

Best of luck with your project.

Thank you Alex.
full member
Activity: 210
Merit: 100
June 17, 2012, 10:56:33 PM
#6
Loan funded. Expect 320BTC repayment no later than end of day July 20th, 2012.

Best of luck with your project.
donator
Activity: 256
Merit: 250
Happy New Year!
June 17, 2012, 04:34:37 PM
#5
When will you stop with the lies, tricks, and scams?

Where the fuck in Canada do you live that an 18-year-old (turning 19 this July, I presume?) is considered a minor?!

Were have you been? Everybody knows I'm a minor, rofl. Even then, I still payed back my debts. So don't say I am full of lies, scams, and tricks until you have actually read all of your "research". Dick.
hero member
Activity: 560
Merit: 501
June 17, 2012, 04:28:08 PM
#4
When will you stop with the lies, tricks, and scams?

Where the fuck in Canada do you live that an 18-year-old (turning 19 this July, I presume?) is considered a minor?!
donator
Activity: 256
Merit: 250
Happy New Year!
June 17, 2012, 04:04:11 PM
#3
well people like patrick/kluge/burt can provide you with the loan, but i dont know if they will (for that amount) to a minor/under-15

Even with parent contact information?
donator
Activity: 256
Merit: 250
Happy New Year!
June 17, 2012, 02:29:33 PM
#2
so , how old you turn on july 20th ?

can you provide id + picture ?

Still a minor, but yes, I can provide government issued ID, and if required parental contact.
donator
Activity: 256
Merit: 250
Happy New Year!
June 17, 2012, 01:13:46 PM
#1
Hello,

I am seeking a 300 BTC loan to finish programming on my website, as well as promote marketing on it. The loan shall be paid back on July 20th (my birthday) with a total return of 320 BTC. I will be providing the usual requirements, I'm completely confident on this, and if shit hits the fan, you will still receive your money under any circumstance. I've had rough times in the past, but they have all been resolved. The site should be released by the end of July or early August. If you'd like to know what it is about, I have no problem telling you if you are serious about loaning me the coins.

1D5Cd4nKVKLZ75M3aEjupjNfCpHPtR7D1V

Jake
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