Bitcoin Forum

Economy => Lending => Topic started by: Fraxinus on November 27, 2016, 06:30:29 PM



Title: Loan
Post by: Fraxinus on November 27, 2016, 06:30:29 PM
Hi,I and FruitsBasket have agreed for him to give me a loan under the following conditions:
Loan:0.036 BTC
Return:0.042 BTC
Duration:4 days
Collateral:No


Title: Re: Loan
Post by: FruitsBasket on November 27, 2016, 06:32:42 PM
You forgot one thing, a signed message from an old unedited post. After u sent me that, I will gladly send the bitcoin.


Title: Re: Loan
Post by: Fraxinus on November 27, 2016, 06:51:40 PM
Code:
FruitsBasket will lend me 0.036 BTC for 4 days
BTC to return:0.042 BTC
Signature:HPxsTwfNfeJUqP8XzEf8CP8ob9dUBPd3ILLHcm56Y/hkYInQ3Huvcmz6qa0PGIqGtRI6fSmkAwc4HL5A4OZwFjM=


Title: Re: Loan
Post by: zazarb on November 27, 2016, 07:01:16 PM
Code:
FruitsBasket will lend me 0.036 BTC for 4 days
BTC to return:0.042 BTC
Signature:HPxsTwfNfeJUqP8XzEf8CP8ob9dUBPd3ILLHcm56Y/hkYInQ3Huvcmz6qa0PGIqGtRI6fSmkAwc4HL5A4OZwFjM=
with which btc address you signed? And when and where is staked?

edit:
I fail to verify with 184GZennhfxZGiLtdEY5tQJWKkjYXJpNif


Title: Re: Loan
Post by: Fraxinus on November 27, 2016, 07:04:02 PM
With my address which is in my profile.


Title: Re: Loan
Post by: FruitsBasket on November 27, 2016, 07:20:17 PM
It seems you are faking the signed messages, which is a could be seen as a shady activity to get a loan and scam me. Therefor I saved the reference: https://web.archive.org/web/20161127191903/https://bitcointalk.org/index.php?topic=1695361.0;topicseen

The address you said u signed it with is:
184GZennhfxZGiLtdEY5tQJWKkjYXJpNif

http://www.coinig.com/?adr=184GZennhfxZGiLtdEY5tQJWKkjYXJpNif&msg=FruitsBasket+will+lend+me+0.036+BTC+for+4+days%0D%0A&sig=HPxsTwfNfeJUqP8XzEf8CP8ob9dUBPd3ILLHcm56Y%2FhkYInQ3Huvcmz6qa0PGIqGtRI6fSmkAwc4HL5A4OZwFjM%3D

The real address u used:
1C29gVHB4ebLgsKmBxru9iL4tQQqzq24k3

http://www.coinig.com/?adr=1C29gVHB4ebLgsKmBxru9iL4tQQqzq24k3&msg=FruitsBasket+will+lend+me+0.036+BTC+for+4+days%0D%0A&sig=HPxsTwfNfeJUqP8XzEf8CP8ob9dUBPd3ILLHcm56Y%2FhkYInQ3Huvcmz6qa0PGIqGtRI6fSmkAwc4HL5A4OZwFjM%3D


Title: Re: Loan
Post by: Fraxinus on November 27, 2016, 07:25:45 PM
Hmm this can't be true,I signed this with my original address and believe me there's no way I'm going to scam you for 0.03 btc.I will check the address again


Title: Re: Loan
Post by: zazarb on November 27, 2016, 07:29:33 PM
It seems you are faking the signed messages, which is a could be seen as a shady activity to get a loan and scam me. Therefor I saved the reference: https://web.archive.org/web/20161127191903/https://bitcointalk.org/index.php?topic=1695361.0;topicseen

The address you said u signed it with is:
184GZennhfxZGiLtdEY5tQJWKkjYXJpNif

http://www.coinig.com/?adr=184GZennhfxZGiLtdEY5tQJWKkjYXJpNif&msg=FruitsBasket+will+lend+me+0.036+BTC+for+4+days%0D%0A&sig=HPxsTwfNfeJUqP8XzEf8CP8ob9dUBPd3ILLHcm56Y%2FhkYInQ3Huvcmz6qa0PGIqGtRI6fSmkAwc4HL5A4OZwFjM%3D

The real address u used:
1C29gVHB4ebLgsKmBxru9iL4tQQqzq24k3

http://www.coinig.com/?adr=1C29gVHB4ebLgsKmBxru9iL4tQQqzq24k3&msg=FruitsBasket+will+lend+me+0.036+BTC+for+4+days%0D%0A&sig=HPxsTwfNfeJUqP8XzEf8CP8ob9dUBPd3ILLHcm56Y%2FhkYInQ3Huvcmz6qa0PGIqGtRI6fSmkAwc4HL5A4OZwFjM%3D

Not necessarily, it may simply be a mistake...
                                    
@Fraxinus what wallet you using?

edit:

signature verified
http://wallet-2sx53n.sakurity.com/#verify?vrAddr=184GZennhfxZGiLtdEY5tQJWKkjYXJpNif&vrMsg=Message%20by%20Fraxinus%0AFruitsBasket%20will%20lend%20me%200.036%20BTC%0ABTC%20to%20be%20received%3A0.042%20BTC&vrSig=HNWXySyVo%2BIl7BVLcFqh2HuB34C30soyvuU3dZ4dry2DNVGLxMjQdMiGOLYDrchHLICwv1iKBriXl%2Bm4UffPG5U%3D


Title: Re: Loan
Post by: Fraxinus on November 27, 2016, 07:31:15 PM
I signed this message in blockchain with my blockchain wallet


Title: Re: Loan
Post by: Fraxinus on November 27, 2016, 07:57:17 PM
Code:
 
Message by Fraxinus
FruitsBasket will lend me 0.036 BTC
BTC to be returned:0.042 BTC

GwP6tuv3iEkhyxeT0Zj+bsImMODDpU/CW4jmeNtgWAfXZmj0vjBuHG0Ye/h6G7hMekHC9ATu+xaC1MFOqKhELbg=


Title: Re: Loan
Post by: FruitsBasket on November 27, 2016, 07:59:43 PM
Code:
 
Message by Fraxinus
FruitsBasket will lend me 0.036 BTC
BTC to be returned:0.042 BTC

GwP6tuv3iEkhyxeT0Zj+bsImMODDpU/CW4jmeNtgWAfXZmj0vjBuHG0Ye/h6G7hMekHC9ATu+xaC1MFOqKhELbg=
It is not working either, I tried to verify it with coinig, but still no luck.
http://www.coinig.com/?adr=184GZennhfxZGiLtdEY5tQJWKkjYXJpNif&msg=Message+by+Fraxinus%0D%0AFruitsBasket+will+lend+me+0.036+BTC%0D%0ABTC+to+be+returned%3A0.042+BTC&sig=GwP6tuv3iEkhyxeT0Zj%2BbsImMODDpU%2FCW4jmeNtgWAfXZmj0vjBuHG0Ye%2Fh6G7hMekHC9ATu%2BxaC1MFOqKhELbg%3D


Title: Re: Loan
Post by: Fraxinus on November 27, 2016, 08:05:24 PM
I managed to verify it in blockchain,maybe it has to do something with blockchain,I don't know


Title: Re: Loan
Post by: Fraxinus on November 27, 2016, 08:08:08 PM
Code:

Message by Fraxinus
FruitsBasket will lend me 0.036 BTC
BTC to be received:0.042 BTC


HNWXySyVo+Il7BVLcFqh2HuB34C30soyvuU3dZ4dry2DNVGLxMjQdMiGOLYDrchHLICwv1iKBriXl+m4UffPG5U=


That's my last try,again I manage to verify it in blockchain


Title: Re: Loan
Post by: condoras on November 27, 2016, 08:09:04 PM
Code:
 
Message by Fraxinus
FruitsBasket will lend me 0.036 BTC
BTC to be returned:0.042 BTC

GwP6tuv3iEkhyxeT0Zj+bsImMODDpU/CW4jmeNtgWAfXZmj0vjBuHG0Ye/h6G7hMekHC9ATu+xaC1MFOqKhELbg=
It is not working either, I tried to verify it with coinig, but still no luck.
http://www.coinig.com/?adr=184GZennhfxZGiLtdEY5tQJWKkjYXJpNif&msg=Message+by+Fraxinus%0D%0AFruitsBasket+will+lend+me+0.036+BTC%0D%0ABTC+to+be+returned%3A0.042+BTC&sig=GwP6tuv3iEkhyxeT0Zj%2BbsImMODDpU%2FCW4jmeNtgWAfXZmj0vjBuHG0Ye%2Fh6G7hMekHC9ATu%2BxaC1MFOqKhELbg%3D

Maybe is something wrong with coinig, i have some problems with it at the past.

Sign message can verified here : https://tools.bitcoin.com/verify-message/


Title: Re: Loan
Post by: actmyname on November 27, 2016, 08:10:10 PM
It is not working either, I tried to verify it with coinig, but still no luck.
http://www.coinig.com/?adr=184GZennhfxZGiLtdEY5tQJWKkjYXJpNif&msg=Message+by+Fraxinus%0D%0AFruitsBasket+will+lend+me+0.036+BTC%0D%0ABTC+to+be+returned%3A0.042+BTC&sig=GwP6tuv3iEkhyxeT0Zj%2BbsImMODDpU%2FCW4jmeNtgWAfXZmj0vjBuHG0Ye%2Fh6G7hMekHC9ATu%2BxaC1MFOqKhELbg%3D

Maybe is something wrong with coinig, i have some problems with it at the past.

Sign message can verified here : https://tools.bitcoin.com/verify-message/

coinig has some problems with newline characters IIRC; I verified it with Bitcoin Core. Everything seems to be proper here.


Title: Re: Loan
Post by: FruitsBasket on November 27, 2016, 08:15:37 PM
Thanks for all the help everyone! So I will send 0.036 BTC to address: 184GZennhfxZGiLtdEY5tQJWKkjYXJpNif
Please repay 0.042 btc to: 1K6zcup28UW8je2P9wZgGbZAoyiVna1gSU within 4 days from now. Please confirm and I will update my post with the tx id.

Edit: https://bitcoinchain.com/block_explorer/tx/120c50aad23def8e591f06b24d4766a0e90e58ff3cde08cc744ef450d2b3dddb


Title: Re: Loan
Post by: Fraxinus on November 27, 2016, 08:16:35 PM
Confirmed


Title: Re: Loan
Post by: FruitsBasket on December 01, 2016, 06:29:58 PM
Hello Fraxinus, you have a little less than two hours to repay the due amount. If you fail to repay on time, the interest will be 1% per day on top of the previous interest, until you repay the loan.


Title: Re: Loan
Post by: Vod on December 01, 2016, 08:15:48 PM
If you fail to repay on time, the interest will be 1% per day on top of the previous interest, until you repay the loan.

I don't think you can unilaterally change the agreement in the middle.  Unless he agrees to the new terms.

All you can do is forfeit his loan and take his collateral.   :-\


Title: Re: Loan
Post by: FruitsBasket on December 01, 2016, 08:17:25 PM
If you fail to repay on time, the interest will be 1% per day on top of the previous interest, until you repay the loan.

I don't think you can unilaterally change the agreement in the middle.  Unless he agrees to the new terms.

All you can do is forfeit his loan and take his collateral.   :-\
We have not discussed about a late repayment since I would have thought it would happen when dealing with someone that has over 1000 activity, but aparantly it happend and will take it as notice the next time I loan to someone.

BTW, the loan is not in the middle, the time is already up.


Title: Re: Loan
Post by: Fraxinus on December 01, 2016, 08:53:30 PM
Done,excuse me for the little delay,had something to do


Title: Re: Loan
Post by: Vod on December 01, 2016, 08:54:20 PM
BTW, the loan is not in the middle, the time is already up.

The loan is in the middle of the transaction.  Until he repays you, then the transaction is over, and you can create a new one with new terms.   :)


Title: Re: Loan
Post by: FruitsBasket on December 01, 2016, 08:57:55 PM
Done,excuse me for the little delay,had something to do
Confirmed that I received the bitcoins, still unconfirmed though.
BTW, the loan is not in the middle, the time is already up.

The loan is in the middle of the transaction.  Until he repays you, then the transaction is over, and you can create a new one with new terms.   :)
I had not discussed about the late repayment terms, but since he rapaid only a few minutes late, I don't mind, if he was weeks to late, yeah that would be another case.