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Reserve

Again?

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https://talkimg.com/images/2024/07/27/48QRa.jpeg

I see a lot of loan related neutral tags indicating active loans from DarkStar_ to different users that have not been updated for a year or more. It is hard to tell if the loan was repaid or not. OP I think you should not ignore those tags, especially if they still say the loan is active. It doesn't matter how long ago it was written.

Burning a legendary account for $60 is crazy, but now seeing that the other 0.01 BTC ~https://bitcoindata.science/api/localprice.php?coin=bitcoin&amount=0.01&currency=USD&hex=000000&bold (https://bitcoindata.science/bitcointalk-api.html#local-price) has not yet been paid. It makes sense that the person behind that account won't pay up any more and will instead try to scam anyone else he can.

This is the typical bad traits of my fellow countrymen regarding loan. They frequently ask for loan and rely solely on the signature campaign earnings for payment. They can’t afford to pay the loan using their own job salary.

I’m very sorry for the loss @shasan. He decided to abandon his account after failure to join signature campaign. Flag supported.

DarkStar_ left a neutral trust that he has an active loan which he has not paid. But you borrowed him another loan. Did you not see the neutral trust that DarkStar_ left him? I think you should not have borrowed him the loan. But that is just my opinion. I may be wrong and that is yours to decide.

There are wicked people in this life. I can see examples on this forum. Just like this person as an example. I do not think he is coming back. Sorry for the loss. Flag supported.

I have also seen some of the defaulters that he has brought out, owning the same amount of bitcoin as Darkstar; we can't tell for sure if they have paid back those loans or not since Darkstar hasn't dragged them out, nor has he been active. 
 
But I also second that such tags should not be ignored when considering who to give a loan and who to not give, as an outstanding loan with another loan service should show that the person is not the payback type, although exceptions can be made depending on who the person is.

Maybe Shasan is considering the amount involved since it’s just 60$ for a Legendary member with background of being bounty manager. There’s some user that borrow money with shasan that has an existing loan. Also Darkstar is not by the time Shasan accepted the loan. The follow up neutral tag from DS was posted after Shasan gives loan.

This is a terrible loan default once again from a Legendary member that once active on managing bounty campaigns before.

I thought it's an old thread but then when checked the topic creation date I realized it's a new one and again another scam accusation! You are making the community tired to support your flags LOL [Sorry, it is not funny though]

Flag supported and left a negative tag too.

It seems like the situation with loan defaulters is escalating as the Bitcoin price is going up. Which is unfortunately not a surprise.

Sorry for your loss, Shasan. However, I do think there's a lesson to be learned here, such as not giving a loan to someone who already has a significant active loan from another member.
 

It is clear that this dishonest member, @goinmerry, has multiple accounts. After researching, I discovered that he also has another legendary account named @chaser15.

He has defaulted loans with the same amounts from you and DarkStar_ before, and his account was tagged. Now, he is repeating the same behavior using the account mentioned in this thread.
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https://i.ibb.co/L9GsDXf/222.jpg
Trust summary for goinmerry: https://bitcointalk.org/index.php?action=trust;u=525508
Trust summary for chaser15: https://bitcointalk.org/index.php?action=trust;u=523501
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He has now lost two high-ranked accounts here on BTT, and I do not know how many of them he has left. However, it is worth noting that he will continue his activities on Altcoinstalks as he has his legendary account Teleported there. I hope that the bounty managers running signature campaigns there will blacklist this member. In any case, I will support this flag now.

sorry for your loss, sashan.

the guy ruined his accounts just for a couple hundred bucks which he could've earned and paid his loans if he stayed active in the forum and continued joining the signature campaigns.

regarding his account on altcoinstalks, it seems that it hasn't been active since February. anyway, yeah, I hope signature campaign and bounty managers on altcoinstalks blacklist him.

Well, op said he thought that the user has or had already repaid the loan of Darkstar, or was going to repay; and this is why he possibly decided to loan him another.

And besides, thank goodness that the loan amount in question isn't so or too much, I mean the op can easily forgo $60 as this shouldn't affect his service in any way, but on the other hand, I understand that a lost money is a lost money, so @op, sorry for the loss.

It's really unimaginable how some persons can williningly destroy/sell their reputation for peanut, how much exactly is $60 that someone should sacrifice his or her bitcointalk legendary account for? Really confusing.

If you check my trust page, you will see that I love red tags. I am not tired of giving the bad ones negative trust.

When mixers were banned, signature campaigns reduced and payment also reduced which one of the reasons. But some people just got bad mind in a way they may later have the money but they will not pay because they have abandoned their account. It is even possible some may have alts.

Also this is part of what I posted and which is a good idea but he thought that he has paid Darkstar_ loan. The borrower can also lied to him that he has paid the loan but which is a lie. What I j think about this is that shasan should not have borrowed him the money unless he confirmed it to be true from Darkstar_.

Rather, I would say that the smaller number of signature campaigns causes this problem. Loans were taken, with a repayment plan through the signature award. Now many are left without it, and as the number of campaigns keeps decreasing, it seems quite demotivating. I guess it's easier to just leave the debt and leave the forum.

I get the feeling that DarkStar_ disappeared from the forum without finishing collecting the loans owed to him as a preventive measure after what happened with CM. After all he was the manager for many years. He didn't disappear immediately after but I think it's not a coincidence.

Lack of signature campaigns and generally lower payrates certainly doesn't help and its affecting the lending market, but I wouldn't discard the bitcoin price going up as another big factor.

For example, when goinmerry took that 0.01 BTC loan (December 7th 2022), bitcoin price was ~17k while now its ~67k which means almost 300% increase, and since we are still early in the bull run chances are that bitcoin price will keep going up and it will get much harder to repay the loan. That's one of the reasons why I would get loan from someone from bitcointalk only if my life depends on it.

Dang, I remember when that guy was an up-and-coming sig campaign manager. He actually beat me out for a spot when I offered to be a manager for a project way back when. Sorry to hear about it. On the bright side, at least it was only $60 this time.

Who knows what led him to want to abandon such a well-established account for so little; a mystery of life circumstance I suppose.

One by one the loan defaults are coming out after years of waiting. No wonder Darkstar_ stopped giving out loans aka free money for these users out there back then.

Sorry to say this but @shasan's assessment has been poor in this case, an account which has been already late on a loan asking for another "quick" loan is very suspicious. But being a person of goodwill, they now have to bear this loss along with many other defaults.

Moreover they were running another account that was also accused of loan default. :-\

Flag supported from my side.

You mean $60 is too much to repay?

You are having fun with the tags but in my case I am not much in such tagging business. Only when I see something obvious in front of me, I leave a feedback for it.

To some it may be, but that guy didn't disappear because of the $60 he owes Shasan, but because of the 0.01 BTC (at the moment ~$670) he owes Darkstar. And chances are that amount will keep increasing.

Messaged him 2 days ago and noticed the same (being MIA for some time). Was regarding his red trust w LuckyBit. He never removed it from their account which makes me believe he never was fully refunded by them, either.  Dude’s been beat up a bit it surely would seem. He of course knew the risks but still.   Non-collateral loans are something I would advise heavily against lol . I think I can count through all 10 fingers of good forum  “friends” who vanished after taking loans from other , forum friends.

Respect tho if he did just say f it all and rode off in the ..sunset ???   

I was just checking his feedback page. Why in the hell Shasan gave another loan to the person when he had an active loan of 0.01 BTC? Shasan is not doing his due diligences correctly that is why we are seeing so many people are just stealing with him from this business. Sad.

He explained in the first post that he wrongly assumed the loan has been repaid as it was from 2 years ago and Darkstar was away at the time so he thought he just didn't update the feedback.

At least this lack od due diligence didn't cost him too much and its another lesson to be learned for all those willing to lend the money.

You're like a charity for people who no longer care about their account....

To many lessons and all of them are overpaid for OP LOL. I think in the scam accusation board in the last few years Shasan is the one who has more scam accusations than anyone else. All of them scammed him in his lending business.

Certainly this is not going to be the last one.

I got the impression that he actually tightened the conditions, now he has less tolerance for late or non-payment of debt. Hence the "often" case after case of loan defaulters.
Otherwise, there are not many lessons here, lending is a high-risk business, especially if it is without collateral. Other lenders like Darkstar also have unpaid loans. Likewise, there were cases where high-ranking users with built-up trust left with other people's money. So, the rule is that there are no rules.

This has happened over $60 therefore this is really bad. He was better off completing repayment terms rather than risk getting multiple tags for defaulting on the loan.

Well, this is welcomed news. At least keast this second known account also will never be able to get a loan but the strange is that the chaser15 account was last active on 1st April 2024 and the goinmerry account was last active on 30th April 2024. It seems pointless not to keep logging in and/or make the repayments on such a small loan. I am not giving him the benefit of any doubt but there is a possibility maybe the account operator is/was unable to login rather than scam for the sake of $60.

What some of you said are correct but the time of the loan and if the person was in campaign at the time of the loan can also be looked into. If the defaulter was in mixer and mixers stopped operation since January this and would not gave someone $60 for 5 months. And after the banned of mixers, which of the campaign was he working?

Because after the banned of mixers some campaign managers started to remove participants from their campaigns and replaced them with those mixer participants. So if someone was in those managers campaigns and you gave the person loan and the users was removed then it would be difficult for that person to repay the loan. So I advise that when you are giving loan to users check the campaign manager, the participant might be removed from the campaign with no cause.

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This type of scammers and loan defaulters usually have multiple accounts for doing this crap  :P
I am not going to blindly trust any account just because it has legendary member status, and sadly loans have become high risk business in this forum.

Ever since I've known about this forum, there have always been forum accounts for sale. Taking a loan and then leaving the forum is probably a new way to sell an account. Although Legendary accounts have never been this cheap, only $60  :(

Seems to be the mode of operation lately. Shasan may have landed on a ring or farm of alt accounts whose owner just decided to exit the forum but before doing so, made sure he used the accounts to borrow the loans. So the person behind the accounts doesn't care about the amount of the defaulted loan that ends up ruining the account.

If the accounts are connected and controlled by a one person, that could explain a series of defaults if the one controlling the accounts is no longer able to access them for one reason or another. There is a possibility there could be something connected to (at least) some of the recent loan defaults. If it were a co-ordinated process to obtain loans from Shasan with the intent to never repay them, then there could be more loan requests from the same group.

I hope he will raise the bar and only give loans to members that fit a certain category beyond the current criteria he applies.