Bitcoin Forum

need .08 of a bitcoin will pay back .25 on friday, this is my address, thanks a million

1rELrnirGeQdWfBEc8trE5GYvU8PAb1Zt

Posting the same thing in three different places is a good way to get banned.

Or don't you care because this is a throw away account?

No, I wasn't aware there was a section for lending, I found it last, sorry..this is the only account I have

Just started learning bitcoin in December as you can tell, if you look at my posts, I really only started using it to play online poker but started to sell things and buy things from there, never asked for a loan before in my life.  Just short .08 for shipping.  Normally, I am fine, nobody has finalized yet and if I don't order today my order won't come friday.:-)

Cheers,
Mrknowitall

didn't ever imagine it would be so hard to get the equivalent of a $10 loan, but I guess that's what scammers do for the industry, really sucks! :(

Heck I thought I would have it in like 10 minutes flat, man the scammers are brutal I guess, oh well, If you see this and I don't have the .08 like 3 hours from this post, don't bother with it.  I do appreciate you looking and the consideration though. 

I just sent you the .08 BTC, please repay to the address in my sig. Good luck!

JFC. Nvm, I thought homeboy was a new account.

Thanks, you will have it, I really appreciate it!

What is JFC?

"Imaginary guy in the sky" fucking "imaginary guy in the sky"

How does JFC stand for that?

Jesus Fucking Christ, Mr. Know It All.   :D

ok, thanks, sorry! ???

Let us know how the loan plays out.

Reminder to mrknowitall, loan payment of .25 btc is due today.

He must have forgotten his login. That's probably it.

Is this another loan not repaid? JFW

No payment, and no message from the borrower.

MrKnowItAll is a SCAMMER

what you have expected?  ::)

This. I can fund every single loan request here, (yes, even that 1000 btc solar farm one), but there's a reason I don't choose to fund it: I'll lose money.

I occasionally start to believe in the general goodness of humanity, then I get scammed and get my cynicism back.

Sorry for that...

better 0.08 BTC than 8.00 BTC hope you have learned your lesson.

Good luck with the rest of your bitcoins!

Can anyone tell me the procedure for having this d-bag labelled a scammer?

Report it: https://bitcointalk.org/index.php?board=83.0

I think a douche bag label would be a better deterrent for scammers than the scammer label (I actually see people with scammer labels requesting loans.)  complete with a picture of a douche as their avatar

People are getting to a point where they go out and scam on purpose just for the tag. Was looking at a thread the other day where a guy created ult accounts and claimed he was scammed by his main account just to get in his words 'a cool tag'

Tradefortress, I swear you're here just to tell people how much money you have. It is all I ever see.

300% interest on a one week loan?  Hopefully you only have to get burned once to learn that's too good to be true.

It does seem like that would be a hard way to make a living, scamming $10 at a time lol

Smaller loans require higher rates of return to make them worth doing. Would you loan someone a quarter with 10% interest?

To be honest I didn't think someone would bother to scam for such a small amount. It hardly seems worth the effort.

After reading his previous posts it's clear he's a gambler. I'll bet :) he figured he could pay me back out of his winnings, but instead he lost and disappeared like a coward. Pretty pathetic. Maybe this experience will make him realize that he's got a serious gambling addiction. But I doubt it.

I look at loans the other way around.  Loaning someone a quarter exposes me to much less loss than loaning $100.  Also a person who is in need of money is much more likely to be able to get their hands on a quarter than $100.  Realistically we don't have enough info to determine a valid interest rate, but I would definitely be charging someone more if they wanted $100 from me than a quarter, but to your point I probably wouldn't bother loaning a quarter to begin with.  Sorry it didn't work out for you.

Loaning a quarter has less risk, but at a low interest rate the payback is not worth the overhead of servicing the loan. That's why a mortgage lender will loan you $500,000 but not $500.

The MrKnowITall loan hit me at the risk-reward sweet spot. The loan amount was low enough that I didn't worry about losing a substantial amount of money (around $10 at the time), but the reward and short payout time was enough to be worth the risk. It also seemed unlikely that a user would hang around long enough to get out of newbie jail, including making some substantial posts, then throw it all away for $10.

My theory is that the borrower did not originally intend to be a scammer, he's just a bad gambler who hoped my loan would turn his luck around.