Bitcoin Forum

no more loans, tired of scammers!

*Note to all borrowers.*

Make sure to use a trusted escrow to hold your collateral until SafeBond builds some reputation.

I already have reputation, but sure you can use escrow if you want:

https://nxtforum.org/asset-exchange-general/%28ann%29-safebond-id-1099909785786473673/msg211327/#msg211327

Sorry to say but your account does not worth 0.05, unless you have green light/dark trust, anyway it's OP's final decision.

This user is requesting different amounts on different lending threads and offering his account collateral.

Be careful when lending to this user.

Reference 1: https://bitcointalk.org/index.php?topic=1390973.msg14208655#msg14208655
Reference 2: https://bitcointalk.org/index.php?topic=1358931.msg14208782#msg14208782
Reference 3: https://bitcointalk.org/index.php?topic=1399592.msg14208863#msg14208863

Sorry main accounts are not good collaterals.

Do you have any altcoins or other valuables?

Loan Size: 0.02
Loan Duration: 3 days
Loan Reason: Personal
My collateral: clangtramp account
Interest rate I request: 0.025 repayment ( which means 20% interest )
My BTC Address: 1B2RtXPtLBqWB7qaseo2mxj4jEkgpzcw8G

This user was trying to disguise an account sale as a loan few days ago.

Reference: https://bitcointalk.org/index.php?topic=1397707.0 and https://bitcointalk.org/index.php?topic=1397880.0

Yes I was selling that account but I decided against and then now I am putting it as colateral because I feel that taking loan is better than selling assets :)

There is a high chance that you have not changed your mind and still trying to disguise an account sale as a loan.

Anyway its up to SafeBond to decide.

Received , thanks :)

Quoting for reference.

https://blockchain.info/tx/aaaf79852c8455ace20aab7c2b5a8800e6d2f28ed3fcd8f70eef1af043f323ce

yes was a typo, I confirm it was clangtrump

> No limits
> Only has 0.47 BTC

 ??? ??? ??? ??? ??? ???

Please do not trade with 1000000. I still didn't receive BTC and further reply from him.

No limits up to the budget size, what's so strange about that?


You haven't even contacted me, what are you talking about?

Are you sherlyn? I just sent you an e-mail.

The 24 hours have passed for sherlyn's loan, she havent responded to my e-mail.

I`ll wait 1 more day to see what's going on, maybe it's just the timezone difference.

Given the open scam accusation of Sasukeevil against 1000000,
I would asume that the user tried to warn you about trading with 1000000, rather than the other way around.

Oh I see, I thought he was referring to me.

There are many ransom scammers around here too, that try to frame people and then extort them.

That's what I mean!

He was still trying scamming others here after I opened the scam accusation.

I warned you about giving a loan to this user and it seems you ignored my warning.
https://bitcointalk.org/index.php?topic=1399592.msg14208927#msg14208927

I also warned you about giving a loan to the other borrower due to their behavior and I wouldn't be surprised if he defaults too.

There's still hope he will not?

After all the drama "Next BillGates" caused I don't think he will be coming back with the same name but I am quite sure he will be back with an alt.

Who knows maybe he would come back and repay this loan just to prove me wrong. hehe

A possible ban doesn't help that case, does it?

Time will tell.

Ok fuck you all fucking scammers, everyone here gives his account for collateral and then never repay the loan, they disguise the account sell into a loan.

Ok i dont accept anymore forum account as collateral, since everyone who gives account in collateral is a fucking dirty scammer.

Altcoin collateral or get the fuck out of here!

Did Next BillGates default on their loan?
That was expectable, and IIRC you have even been warned in this regard when the loan was requested.

Not him, although he is late paying too, he has mercy 2 days to repay.

It's sherlyn, she said she pays back in 1 day, i warned her already once, and no contact with her since then, that was in the 15th of march, 1 week has passed already, i`m not waiting longer, i`m selling the collateral now.

http://i64.tinypic.com/2e3v1y0.png

Ideally you should be able to sell any collateral you receive for a loan for an amount greater then the value of the loan. This will give you protection against people defaulting on their loans, and will give borrowers incentives to repay their loans.

Of course, the collateral covers 100% the loan value, the problem is that, i dont like selling accounts, if the entire loan businesses is just selling the collateral of scammers, then its very sad.

There should be more legitimate customers here, not just scammers.

giving out loans is an unthankful job

I would suggest having the collateral cover more then 100% of the loan value, especially with forum accounts. Maybe have collateral cover 150% or 200% of the loan value, that way a borrower will have more incentives to repay a .1 loan when he could get .2 by selling his account (these numbers are just an example). A few lenders actually make a business out of lending with accounts as collateral and then reselling said accounts then the borrowers default, and they have been doing this for a decent amount of time so I would think they are making a fairly decent amount of money doing so.

Sometimes people simply are not able to repay their loans because they had an unexpected expense, their income was less then expected, among other potential reasons, and this is part of the reason why collateral is required for most loans.

Ok i have modified my terms, now I`m accepting longer term loans too, up to 2 month length.

You can now take up longer term loans , I hope I can help you by giving you a longer timeframe to repay the loan!

Defaulted, havent paid back after the 2 days grace period, selling collateral.

Ok i sold billgates's collateral account (clangtrump) for litecoins via skype. Now it's time to sell the other defaulter's collateral.

Sold sherlyns account which was her collateral.

Damn these fucking scammers took me 2 weeks to recover my capital.