Bitcoin Forum

I've tagged him red until this is resolved. Good work archiving it etc. ;)

Maybe a flag? :thinkingface:

Created already: https://bitcointalk.org/index.php?action=trust;flag=559

Great. Do you have any additional info, has he replied at all via PM etc etc?  ::)

Here is the last response by him and that is about 3months ago:

Lending is a very risky business. This must be very hard for you. Legendary member with positive feedback from DT, also a long term active member but was not able to repay only 0.04 BTC.

Either he really is going though tough time and gave up or he his intention was bad from the beginning. Either way, it's not acceptable.

Tagged him and also supported the flag.

At the time of repayment, it was below 200$ and at the time of taking loan, it was only 189$.

Supported red flag and left negative feedback as well. Hope he will respond on this thread in order to resolve issue. I don't think he will damage his forum account just for 0.04BTC. It's not very easy task to build a legendary account now a days. So I can't imagine that je will not repay. PM me if resolved this case.

OP sorry for your loss, and welcome to the community.

This is part of the risk in lending without collateral, as what I've noticed, you have already reported a lot of loan defaulters (correct me if Im wrong), so I suggest you review your terms so you can control the risk. I was not one of your borrower's but I'm just concern on individuals business here as you help us a lot when we are in times of need. Supported.

I wonder if shasan is running the business in profit or lose. I have seen a lot of scam accusations from him of his borrowers defaulted the money. I have seen people to close their lending business here in several times.

DarkStar_ seems a lender who is running the lending business without creating any scam accusations (at least so far I have not spotted any yet). Experience must be a role to consider for this type of business.

DarkStar_ was/is a legendary at least from when I am seeing. As well as DarkStar_ is a DT1 running a good campaign that's why people can give DarkStar_ collateral. I noticed DarkStar_ recently started non-collateral loan but earlier it was collateral base only.

Anyway, I just hope that you are not losing much in this business. Good luck brother.

I supported the flag, this is a trust only business you gave him a loan because of his rank, even if the rate is doubled he should do something to pay the loan, if many legendary members will do this, lenders will take out legendary's privileges to get a loan without collateral.

Flag supported and also left a red tag for the user. I am sorry to know about your lose bud.


0.04BTC is more than $400 in today's price. It's not looking small amount anymore.

Not all legendary worth to have the respect of a legend. Before spammers, scammers were ranked up easily. Thanks to merit system. An account with seriously earned merit will never do that.

That's unfortunate that the loan value is now doubled the amount, that's one of the risks of getting a loan, but it's much riskier for lender because it's his loss from this transaction, the guy can continue to post here but I doubt any campaign will accept him if he is tagged by DT1 

Supported the flag.

If he's in lose, I guess he closes his lending business already, but it's not.

Supported flag and will be leaving account a negative feedback too. Cases like this, is what discourages present and future lenders from giving out collateral free loan which affects the genuine loan seekers without collateral. The user in question is clearly not interested in paying back the loan because if he/she was but was in loss, with his rank status, the user can easily payback the loan in matter of weeks by joining a quality signature campaign.

Also notice a recent change of email on users account, was this done after or before the loan request/default?.

Thank you.
ALready tagged and flagged.
Thanks all you guys for supporting the flag.

I've taken a few defaults in the past but for the most part I just tagged them and moved on. Currently I'm offering only low risk loans and haven't had any defaults (yet anyway), while shasan generally charges higher interest but will take larger risks.

And so far, his non collateral lending is doing well, so he can be a good example of a successful lender with low defaulths and if you can ask for some tips on how to evaluate a applicants, you should try, hehe.

Ok I'm supporting your flag and I have tagged his account but I will delete it if Razerglass pays back the rest of the due loan.
But Shasan, I'm sorry but I didn't find the pay back adress of the loan, could you provide it please, so everybody can easily check how much amount has been paid, and how much it remains to pay back? Thank you.

The repayment is 3FfZsRV2jDB3WyRq5kWroNNpirrnHoLihp, it was already stated in the reference link.
However, you still need confirmation from shasan as that address is not only used in a single loan transaction as repayment address.

Thank you, you're right we can find the "repayment adress" in this post https://bitcointalk.org/index.php?topic=5030169.msg50427412#msg50427412
Unfornately the address has been used for other transactions and Razerglass seems to not have used his initial address for the repayment. So we can't track anything  :-\
https://www.blockchain.com/fr/btc/address/3FfZsRV2jDB3WyRq5kWroNNpirrnHoLihp

Razerglass effectively destroying his reputation for 0.04BTC. What a loser! Sorry for your loss shasan.

Edit - I wonder, is the account sold? The email address was changed recently.

The fact that the price has increased dramatically since the loan was taken out may have contributed to the default. I know I took a fairly large loan around that time as well and had to pay two to three times as much (in fiat). Razerglass most likely did not consider any potential price increases and could not hedge the price... or they just had no means to repay the loan. Note the bitcoin price from April to May... quite a large jump.