Bitcoin Forum

Why can't we have nice things?

I am not accepting loans at this time.

With no actual collateral, it will be hard for you to get a loan here.

1) It's your loss for passing up a 5% a week yield (whether dollars or bitcoin)

2) I am asking you to risk $10.

3) People lend on here based on reputation, and I also have a reputation that shows that I am serious. You can check LB forums as well.

4) People deposited en masse to HYIPs like btc-arbs and bitcoin-trader for less yield, and more risk (compared to my reputation).

Everyone is serious until they decide to scam ;D
$10 is nothing right?  Why are you still asking for it then?  Are these just reputation loans?

Oops, I almost forgot, no collateral :P

Because I can use it and my enterprise is hugely profitable.

If that was true you wouldn't need loans.

If you were a good trader, and had done 3000 great trades you would not be trying to scam $10 from people.   loser

Better to be curious than judgmental.


That's exactly correct. Thank you.

Be nice to people (http://notepad.cc/share/4mgoHaJTXX).

Long story short:

I am 100% legit; I have likely done more escrows than nearly all the big players here. Why would I scam you when I am typically earning several multiples more than your return?

Mental self-sabotage is easy to spot (in finance)--this kind of reasoning really stinks of it.

Hi.
I just had a look to your LBC profile and I have some few questions:
- Why don't you have any active ad?
- Why your older confirmed feedback is in November?
- Is there a reason why you are asking loans here and not @BTCJam?
Thank you, CC.

I have almost no money, and people are not responding well to my requests to trade out of escrow, although I did it locally just this week!

I have about .4 bitcoins that I am saving to be able to open my ad again. That is why I can accept almost any size of loan from people here.

I have lots of feedback in every month, going back a long time; any specific questions?

No particular reason at this time.
Thanks for the good questions.

Collateral?


I would give you larger sums personally, but only for my return weekly +25%-35%

Example: I give you 20 coins to trade. You make 35BTC, I take my 20 + 5 coins. The rest is yours to keep.


You claim you can make 200% in your signature, so its either a lie or you would accept this.

I have about $95 worth of collateral in silver, discussed earlier.

It's not possible, sorry.
Additionally, I am only accepting $2k max $1k maximum from any initial lender.

Trading carries risk. I never mentioned that I can make 200% without risk (actually, you should read carefully; I never mentioned 200% in the first place).
Yes, there is a place where you can get 200x leverage on your bitcoins in the forex market, but trading carries risk, which I doubt you are willing to accept.

I can pay you 5% a week (with principal returned) if I trade via my arbitrage method though.

Sounds a bit strange, after 3000+ hopefully profitable trades. What happened exactly?



Yes, I was wondering why from November 2013 till today no more Confirmed feeds occurs, even if you are receving "normal" feeds. Probably I don't know exactly the difference between the two kinds of feedbacks.

Thank you, CC

1) Margins are now lower and it became less profitable
2) I have had to bail out friends who were in tough financial circumstances.
3) Losses related to other bitcoin investments and transactions.


There is confirmed feedback after November and same with unconfirmed. ???
On LB, feedback can be left at any time. I have also made a few trades recently.
You can see my confirmed feedback here:
https://localbitcoins.com/accounts/profile/1aguar/feedback/

Please let me know if interested in my offer; 5%/week is great, right? :)

Thanks for your attention and answers.

A loan at 5% weekly is fatty, but:
- your trades seems currently not so vibrant
- you currently do not have money to backup the loan
- your collateral is not liquid and shipping costs make them almost worthless
So I decline your offer.

In my personal opinion, I suggest you to have a look to BTCJam, where you can meet other localbitcoiners as you, borrowing BTC for trading, and lenders that can probably fund your loan.

Hope it helps and good luck.

CC.

I am out of silver. Additionally: All past promotions are over.

New promotions:
I have up to $1000 in PayPal funds as collateral; willing to discuss your offers for the rate; I offer bitstamp * 1.01 and we do it in your LB escrow.
Principal and 5% interest paid in bitcoin weekly.

I am a long-term reputable seller with PayPal on LocalBitcoins with zero complaints (you can ask anyone on there), so you can rest assured of no chargebacks. ;)

You can also Sell me bitcoins for PayPal directly (https://localbitcoins.com/ad/76724).

I have made over a dozen trades today on LB, mostly PayPal and MoneyPak. I hope this has addressed your concerns, Crypto.Conyo. :)

For what it concern me, I have to address you again to:
- BTCJam
- BitLendingClub
I believe those communities could help you collecting funds quickly, since risks of this loan would be spread among many investors.
You probably could even save money.

Take care, CC.

Hes legit

I dont understand how he made any profit, he always overpaid for BTC by fairly large margins in forms of moneypak

Anything in Paypal is NOT collateral!
Paypal is reversible and there are too many thieves selling stolen verified Paypal accounts on different onion sites.

I regularly get PayPal offers on LocalBitcoins, where I have over 3,000 confirmed honest trades with no chargeback complaints yet!
So what if thieves exist? I am a great partner for receiving PayPal funds and that is a fact you can verify. Also, I send all payments from my own account.

I had some recent unconfirmed negative feedback; while discussing this event on the LB forums, everyone started talking about how legit I am as a trader!  :D

Thread on LB forums referencing my reputation and business model (https://localbitcoins.com/forums/#!/fraud:buyers-who-are-unprofession)

Good news!  ;D

I received a loan offer! I am also quite close to 4,000 successful escrow trades on LB. I have done a few dozen outside of escrow on there too. ;)

My arbitrage operations still could use more capital! I am open to your offers. ;)

Other than Paypal, what kind of collateral are you offering?

He's offering his word. Isn't that enough?! You can trust him; he's from the Internet.

You can determine someone's reputation by the number of successful escrows that they have done.

UPDATE: For the next 7 days only, interest rates are doubled to 10% weekly!  :o

Loan me $10 today and get $11 on 06/12!

Any dollar or bitcoin amount up to $1,000.

Check the first post for details.

Warning to all - this is a ponzi scheme.

If the OP were actually able to make 10% a week, he wouldn't need loans.   :-\

I have over 4,000 successful escrows, so I am a legit bitcoiner.

Don't plan on lending more than $1k: the scale of my enterprise is limited.

I do make several times your rate of return by rationally utilizing your money! Use your LocalBitcoins account to discuss with me.

Doesn't matter what you BS about.   ::)

If you could make 10% a week, you would be the richest man alive.

ive done multiple trades with this guy on local bitcoins he is very very fast, he is actually the only guy i go to for moneypak trades. we have done 9-10 trades together

BS?
And how many escrows have you done?

No tire-kickers (http://www.urbandictionary.com/define.php?term=tire+kicker) in this thread, please!

I already answered you:


I can provide proof of my business model through web-meeting, but not to tire-kickers!  :P

Confirming I lend bl4kjaguar $500 worth of bitcoin.

I expect payment of $550 (in bitcoin) 7 days from now.

UPDATE: New promotion! I am now securing your loan at bitstamp last! You will get the better of bitcoin or dollar value interest!

Lend me your $ or BTC and you can forget about market risk!

Look at the huge gains I made in the last 2 days! Recent profit margins are at 20%!

Shocking photos removed! Ya just had to be there, period!

Don't miss out on these two epic promos, 10% weekly interest ends in just 5 days.

Imma gonna just leave this here

http://www.slashdocs.com/npqwzz/wes-penre-on-wingmakers.html

Yes, it is OK. But please no more non-lending in this thread. [haha]

If you change your mind and offer collateral I would happily loan to you, even for several weeks.

A sharp investor will understand and note that their claim against my profitable account is enforceable via LocalBitcoins support system.

If a lender requires collateral beyond this then I'm afraid that my promotions will not apply and I will only be able to supply PayPal funds on a 50% reserve basis.

I am a frequent and trusted PayPal buyer on LocalBitcoins, and frankly this thread will not appeal to tire-kickers (i.e. those seeking collateral); I simply need to finance my operations, period: whether $10 or $1000.

bl4kjaguar is a scammer.

This is the same TradeFortress who lost or stole my friend's bitcoins and mine too?  :D
Just when I thought this thread could not get any more ironic!

Yes, it is :D

Sir. I am not claiming anything against your profitability, skill or reputation. I'm not calling you a liar, but I don't care about your reputation at all! For what I care you could request a loan to manufacture weapons; as long as you have collateral I will help you.

Please understand that unless you provide reasonable collateral you are not requesting a loan but a partnership which has very different rules and expected returns.
If you ask for a loan here the lender wants 0% MATERIAL risk, this means altcoin/precious items shipped to the lender. See? It may be worth a lot with your trading counterparts but here your reputation's worth is less than a satoshi.

After all... aren't you an experienced trader? Buy a stable altcoin and use it as collateral, I do not care about your 10% week. Give me collateral plus 5% and I'll lend to you any amount you like.

That doesn't even matter, bl4ckjaguar has scammed before.

OK, but I feel that since I am not a liar, that what I am providing is sufficient.

Like I said, my account is profitable to an extreme and your claim against me is enforceable through that account.

This thread will be a record of what I have returned. It is OK if you do not participate because my offer will still be around.


Your liabilities are not fictional.   ::)   >:(  My friend lost money in your scam but was never compensated.  :'(  I also lost money, but fortunately I had some of your collateral. Of course, that was the Wild West of bitcoin lending! This is something a bit different;

I am now creating daily trade reports for investors/lenders. You will see trade id, rate, and fiat amount for all sales and buys, every day. I am happy to log into my account via WebMeeting software to confirm the truth of my reporting!

Anyone who has legitimately lost money can simply post here.


Don't call me; I will call you.  ;D

Sorry but it is insufficient. You won't get anything here.

When (if) you change your mind contact me with proper collateral and I will gladly help you.

Only 48 hours left until all promotions expire!
nhabuon (https://localbitcoins.com/p/nhabuon/) negotiated a special interest rate and loan period,
He also took advantage of the market risk promotion! Way to go!


ATTN: Loans maturing on 06/12
Unless you have negotiated with me, you will not be paid back until the promotions end on that same day 06/12!

Why are you reporting dubious loans from outside this forum? It is not collateral, it doesn't show trust and even if it did it would be completely useless.
Only in-forum trust matters, if any.

If you want a loan get collateral, otherwise you are wasting your time.

I want to be faithful to my creditors and annoying to the tire-kickers.

Well, you are amusing :D
Just one of the hundred people who come here with words, dreams and nothing in their sack. Wonder why they never get a satoshi?

You should move to the Gambling section, maybe you will have more luck there. This is the safe Lending one.

That's fine, but you still need collateral to get a loan.

If I don't pay, you could seize coins from my account via LB support.

I have pledged a very profitable trading account as collateral. Your "warrant" is negotiated and recorded on LB.

This is my thread for long-term lending.  :)

"Seize via bla bla bla"
Dude, why?  ;D

Why take the risk and the hassle of contacting support when I can have your collateral and sell it in a split second? Again.. this is the LENDING forum not GAMBLING. We do not take risks and we do not want hassle.

No collateral
No loan

 ;D

Because people need unsecured loans too. Just because it is unsecured does not mean it is unenforceable.

I am a friendly and generous borrower and I thank you for bumping my thread.  :-*

Forum rules...no collateral = no loan

No problem man, the community needs fun. You won't get a satoshi so --> free fun

Well, I already have loans, so I guess I am also having fun?  :) I already have cash flow too, but if you are skeptical of either or both; Why not have me prove it to you?  ;) Can you accept that offer?
Ranlo offered me a loan but I turned him down.  :o
You are right, nobody on here will lend to me!  :'(
Maybe you should just report my posts and forcibly shutter this thread!  :P

But honestly, I do have collateral:
My trading on LB profits several hundred a day, so it is collateral. If you think hard, you will see how my reputation is also collateral, and NOT ONLY because trust is a rare commodity.

4,400 escrow trades indicates trust
Threads are offering unsecured loans, so why can't I ask for them?
My business is not collateral?? Schedule a time for me to prove otherwise!


This thread will be good for a lot of fun, I think.

You are desperate for unsecured loans.


I don't see why, it is useful for everyone.


Not worth a satoshi. Not collateral. Repeat it as much as you like... you CLAIM to be a successful trader yet you cannot afford a secured to loan to earn trust in this community.
Your outside reputation here is worthless no matter what you say. No one is offering you anything.


Not worth a satoshi (again). Only collateral given to lender is worth something.
There are some people here offering unsecured microloans, if you can afford to pay them back maybe you should beg from them indeed!


It is educative for newcomers. People will say anything to not provide collateral on a loan then likely run with the coins. A truly successful trader should have no problem in getting LiteCoin collateral for example.

That would be "paying for trust"; I would rather that trust come out of mutual benefit. It's funny that you think I should pay for trust.

So I am better off keeping my collateral than trading it for trust?

Your logic smells of financial failure. Don't chase me, because I am not running away.  ;)

Happy to offer collateral as long as I don't lose a satoshi. I don't believe in paying for trust, but I do reward sharp investors. Who cares about you? This thread is a legacy which can be proven on demand.  :D

You look like a scammer :)
No one says that you should pay for trust. Only that you need to provide collateral for loans. Please read forum rules again.




I do not offer financial consueling. Only netiquette one: read the forum rules again so you'll understand why you are looking desperate.



So far you only proven that you are a random offtopic dude asking for unsecured loan.

If you are happy to provide collateral then I can loan money to you, state what altcoin do you have and send it to a trusted escrow on this forum like Monbux. Upon confirmation I will send you the coins and the loan will start.

Fair, simple and effective. No one loses a satoshi.

Any other arrangement puts the lender and/or the borrower in a risky/unfair position and should be posted in the Gambling section.

can I loan 0.3

edit: 0.03 BTC  sorry Typographical error

Yeah, sure. You're full of crap.



You just confirmed the above is a lie, about the typo. You're just trying to get whatever you can get and run.

.

Please do not contaminate educative thread

I have not lied to anybody yet; 4,400 escrows speaks volumes about my history of honesty and the strength of my trading.
I successfully closed over 400 escrows between the start of the thread and this post; again, I will prove anything I say upon request.


I prefer that you contact me on LB via my ad:
https://localbitcoins.com/ad/100800


If you are willing to use btc-e last, then I can offer LTC for collateral with Danny Hamilton as long as the man is online! However, I will not pay you any interest for this...

I also cannot offer more than 100% of the loan value, because then I would be losing money up-front and effectively paying for trust! I do not hold any altcoins; I only trade BTC/USD.

No problem in using BTC-e as I have an account there, however 0% interest is not acceptable. My current rates are 0.9%/day (may be discussed)
No compounding of interest, of course.


You won't lose anything as coins are fully returned to you at the end of the loan. Please read forum rules again.

I am sorry, 100% collateral is not enough. The provided altcoin exchange rate could fall while you hold the Bitcoins exposing the lender to risk. As 0% risk is mandatory this is not acceptable.
110-115% for LTC, more than 120% for any other altcoin.

Stop trying to circumvent estabilished rules as they are non-negotiable and protect this forum against potential scammers.

You can message me on here for collateral deals. Otherwise, please stop wasting your time in my thread.

I will not take on any risk up-front as a requirement for acquiring a loan.

I am not going to let you hold my $11 just so I can use your $10 for trading.

If my posts are bad, you can report them.

You have no risk as escrow trusted by both parties holds collateral. If I do not give you the coins the escrow will return your coins to you at 0% loss. If you do not pay me back escrow will give me your coins. 0% risk again.


Thank you for your suggestion. I will post in your thread for as long as I see fit and try to disrupt any offer that puts the lender at risk.

Here, read my post again. People thought that you were risky, but you paid them back. You requested an unsecured loan on this forum, and I am doing the same.  ::)

Confirming I received my money back.

Thank you!  ;D

Three hours left before these two promotions are gone forever!

A PM-Negotiated transaction I suppose  ;D

I get my 0.55 btc back +6hrs ago,
Like his Localbitcoins profile show , he is an honest and legit trader.

Thanks 1aguar , I'll be back ;)

Non2

https://localbitcoins.com/accounts/profile/non2/

Another loan : 3 btc for 10 days max .
Good luck with your business 1aguar !

Non2

Hey, I know you're a newbie, so just a FYI- loans should be made public on this forum. It deters scamming.
Go ahead and post the transaction ID for that 3 BTC and from now on try to remember to make things public.

How were you even able to loan 3 BTC? I offered over a week ago to loan him 2 BTC and he declined it, saying it was too much (I figured 2 BTC was cleaner/easier to deal with than 1.82348923 or whatever it was at the time). It ended up causing me to back out of the deal altogether but I'm curious as to how you were able to invest even more than that.

(He did offer to allow me to do the 2 BTC loan if I were to refer someone else to him that invested... this is what caused me to red-flag it. It made no sense for him to require a second person when his outcome would be exactly the same, unless he wasn't planning to follow through and instead was wanting to lower his "risk" in terms of people pursuing him by negating the value of doing so)

Ah, that explains it. Apparently my public school math failed me miserably. See, the way I read it:

on offered a Loan of 0.772305 BTC on 06/10 to be repaid with the greater of 0.8340894 BTC or $536.75 on 06/15.  Active
kelpy offered a Loan of 0.5 BTC on 06/12 to be repaid with a sum 0.55 BTC on 06/19.  Active
nhabuon offered a Loan of $200 on 06/12 to be repaid with the greater of 0.38461539 BTC or $220 on 06/19. Fee=2%.  Active
non2 offered a Loan of 3 BTC on 06/14 to be repaid with a sum 3.3 BTC on 06/24.Active

Means 3.8 BTC + $756.75 = $2169 (Preev.com for ease) + $756.75 = $2925.75

My school taught us that $2925.75 is almost 3x $1000 (or 2.92575x, to be exact).

I apologize for the confusion, and I will be absolutely sure to write a letter to my previous math teachers to help ensure they are straightened out and understand that $3k < $1k. Thank you! You've saved many other students from going through the same failed mathematics courses.

Today I quickly sold off non2's bitcoins and bought them back again. I did so well that I decided to pay back nhabuon 24 hours early.  :-*

Once again, since he never posted his public transaction. Not sure he ever sent you 3 bitcoins.

OP is a scammer.  Why would he pay out money when he could keep it for himself?   ::)

Kindness is free. I love my creditors!  ;D

Non said he sent you 3 BTC around 1:00pm EST in the U.S. (June 14,2014)
Should be pretty easy for one of you "two" to show that transaction at that time.
Easy was to shut up people that see you as a scammer.

Can't we just put a negative trust and move on? He already refused worthy collateral

Present the facts to me here in an easy to understand (I don't have much time to read long posts) format, and I will leave him the appropriate feedback.

He tried in every possible way to avoid giving collateral or enough collateral. He said, in turn:

1) His reputation is collateral
2) Some weird silver/gold coin enough to cover 50% of the sum, cost of shipping to be split with lender ( ;D)
3) 100% cover with altcoins held by someone but giving out 0% interest

All backed up by assorted crazyness, weird math and fake investors up for nonsense amounts. Deals negotiated by PM of course.

So how exactly does this all work?

EDIT: Nevermind I figured it out. :)

I actually need 1.5btc for the rest of my rent this month, and for supply's to finish my recently contracted job(which I won't be able to do without this loan) and I'm going to fluctuate the profited money back here to you(at a negotiated interest rate I assume?), and into my new endeavor. In order to be able to move funds up instead of down. I can't do much with what I have at my disposal currently. I could have the loan paid back within 2 weeks.

Send BTC to this address:
1NqrngZVBECuKrZLKuFPmZtLbiFaw3U5Vt

I would pay it back at current market value.

My public Key:
1ZAUVtejKNeEtKqd8LXxUjLxX487JcZxS

what are you talking about? I never deleted any posts..? I'm just trying to get a loan... lol and then use the money to purchase what I need to continue this project to continue to profit. Its a process.

Those posts were terrible!! You have them quoted anyway.  ::)

Please: this thread is for interested creditors or discussion of "the facts":

Hi, I would like to point out that bl4kjaguar has paid me back 10% in about a week after taking his promotion.

I have also traded with him on Localbitcoins a few months ago many times and he is one of my trusted seller/buyer.

Thanks

- Moai / quick_btc

If you notice no one is questioning his outside reputation. It is simply worthless around here.

He must provide collateral to get a loan in the LENDING section, failing this he looks more and more like an hoax and a scammer.

3 btc paid back early by 1aguar , with interest.
5 btc incoming , same condition , max 10 days.

Non2

I accept.

See OP for updates and loan tracking.

100% ponzi

4.5% weekly = ponzi

no exceptions.

Recent trade showing huge profit margins (I traded this $400 for 2/3 of a bitcoin today):

http://photo-host.org/images/2014/06/14/5DYr0L.jpg


I made .115 bitcoins on the .55 bitcoins sold initially.:

I have a 25$ Itunes Giftcard as Collateral

Your profit margin is irrelevant. Based on the interest rates you are ordering, there is no rational reason that you would want to share the returns instead of financing everything yourself. Selling on LocalBitcoins does not scale, and it appears you sell & buy you should not be limited in capital. Further investments would not increase your returns, and as such

ponzi

Hey I can bold and size too :)

I am currently unable to finance it all myself. Did you think about that?

I am somewhat limited in capital, but things are easing with the new loans.

I am not expecting to receive any more loans; the lenders I am now working with are flexible, but I would like to get a better interest rate, so I am still advertising. :)

Actually, it is a real arbitrage system which makes profit. A Ponzi would have collapsed already! And a Ponzi would not be able to pay back non2's recent loan. So wait and see; don't just make accusations when you simply don't know the facts.

This is as stupid as accepting a loan without collateral.
Who cares about his skills? If he does 4.5, 7 or even 100% weekly I am happy for him.



Red carpet is nice, but no collateral again?

No tangible collateral!

I am not going to let you hold my $11 so that I can trade with your $10 (for a fee).

That is simply bad for business!


All available capital is used for trading. Makes sense?

Stop whining in my thread.

Yes, for those without a proper business plan or weak shoulders.

Giving without collateral is a partnership where I (the lender) provide the capital that you (the borrower) sell for profit. I would require a minimum 60% of the reported profits on such a venture. As does any reputable gambler.

If you are that solid and want to stay away from altcoins why don't you get an item of value and ship it to a reputable escrow? A pair of earrings, a ring you never wear, expensive electronics.... anything.

Face it, no one is going to give you a penny here without collateral as this is the rule. You may try, of course, but take a look at the facts: no one is taking your offers while secured requests with lower interest ratios are served on a daily basis.

EDIT: I am not whining and begging is not allowed bucko. Please close.

Another loan paid back by 1aguar ! 5btc+interest .
Thanks you again ;)

Now offering collateral!

I will send you $11 of bitcoin for every $10 that you send me first; then, if you send me $11 next week, I will gladly send you $10 + interest + insurance (if any).

Send me $50 to pocket an easy $5. Transactions are instant, free, and private if using LB online wallet!
Be sure your wallet is secure with 2FA. Currently offering up to $55 collateral to new lenders.
Use my LocalBitcoins ad to send me a message (https://localbitcoins.com/ad/100800/).

I am open to escrows up to $50 or to the offer described above.

I'm glad you come to reason.

You got the last phrase wrong however! it is "you send $10+interest, THEN get your 11$" back.  :)

Once it gets corrected I may have a couple hundreds ready.

Find an escrow and we can do up to $50 like this.

I do not think any trusted forum escrow deals with USD, and the fees involved would be sensible.

Can we use bitcoins? All escrows accept them.

Right, bitcoins...

I will send you $11 of bitcoin for every $10 that you send me first.

Okay, please choose a reputable escrow and send him 55$ in BTC, upon three confirmations I will send you 50 $ in BTC.
I like DannyHamilton or Monbux

Please post here address and transaction IDS to avoid scammers

Please, you arrange the escrow and tell me how to pay it.
You pay escrow fees too. Thanks!

No sorry, escrow exists to protect YOU. So you have to pay it.

Being the lender I do not need any escrow at all.

If you want collateral...
You have 2 options:
1) Send me coins first for both lending and repayment.
2) You handle the escrow for both lending and repayment.

Accepting $50 max for secured loans.

Good luck.  8)

Sorry, such a low sum is not worth the hassle.

Good luck to you.

Note to self Due 6/24 1.5->1.62 BTC. (kmschultz)

Loan paid back per the terms and on time. Confirmed

Not seeing anybody that's posted any negative feedback thus far that's actually tried the service so interested if still doing any kind of promotional and I'll jump in for $10 if still the minimum.

Note to self: 0.01733015 btc sent
https://blockchain.info/tx/a0da32f6c306dbb4c578d3068a9ac1ab1f11c45b4cd7c7f4bccb6f041780a46a

Loan due on the 4th of July.  Let's see if there will be fireworks :p

FWIW, he followed through on mine (as can be seen in the original post). He did run into a snag in that he didn't have all the BTC available at the time, but we worked around that problem so it's still a satisfactory deal in my opinion.

Thanks; 5% weekly interest in bitcoin coming to you...

I am not tracking amounts less than $100 on the OP.

bl4kjaguar, I'm willing to loan out 2btc on this first transaction. No need for escrow, but you need to prove that LBC account is yours. I also have an account on LBC with many trades. I will PM you a random number on this forum, then I will contact you on LBC asking to give me that random number I sent on here. After I can verify it's you, I will give you the loan in any amount up to 2btc, with 5% interest per week. Is this ok?

If you are who you say you are on LB then this is OK.  8) Contact me (https://localbitcoins.com/ad/100800)

It is really him. It was easier to vet than your request: his account on LBC has a link back to this thread. That made it pretty obvious as far as I was concerned, :p.

Where? I've checked his profile and all his ads, didn't see a link on LBC that links directly to this thread or his forum profile. Anyways, I've communicated with him in PM and on LBC, and can confirm he's 1aguar on LBC. bl4kjaguar, post your address and state how many btc I'm lending you. I can lend a pretty hefty amount, but for this first transaction, willing to only lend up to 2btc.

You are lending 2 btc here: 12uUZyw6M7xhDwR7FkzwRz54UEDi2w77FT

Actually, I do have link on my LB profile.  ;)

2.0btc sent on June 29 10pm PST, repayment is 2.1 btc on July 6 10pm PST.

https://blockchain.info/tx/179c4f59a39585c5c16a2caa3daafe524ee562cfc76441f6003b79a7bba76615

https://localbitcoins.com/accounts/profile/1aguar/

Says right there at the top: "Invest with me: http://bit.ly/T3iIaz"

Not sure how you could miss it, :p.

This guy is getting accounts locked by middle manning green dot cards, and he does not give a shit about the customers. His code got all 3 of my Greendot accounts locked. When I asked him what if that code locked another persons account he pretty much did not care.

https://bitcointalk.org/index.php?topic=673319.msg7630539#msg7630539


Oh then he lied to me and said he did not have his own greendot card to load it on but you can see here where he bought one on the boards..
https://bitcointalk.org/index.php?topic=663412.msg7477669#msg7477669

Why did you use the same code on 3 different accounts?
 And after your first account got locked, you tried again??
Sorry, I should have told you to try it only once; my bad!  :-[
(I did tell you that...)


I don't have the card yet.

Since you made a thread about me, maybe we should cointinue the discussion over there?

I used the code on one, it said it was not accepting it thought maybe I had hit some sort of max. Then when I tried it on my other account it had some crap about fraud and activity.

I want your lenders to understand you are middle manning cards, and do not give to shits about your customers accounts getting locked.

July 1, 2014, 5:27 p.m.
1aguar : I have a backup plan.

July 1, 2014, 5:26 p.m.
 what if that code keeps locking peoples accounts?


--------------------------------------------------

uly 1, 2014, 5:31 p.m.
 I don't have any cards myself; need to resell it first...

July 1, 2014, 5:30 p.m.
 Call hommie its easy

July 1, 2014, 5:30 p.m.
Warn people about what? I will cancel this trade as soon as I confirm the value on the code....

You lied,

Lenders must do their due diligence!

I am responding to your accusations in the accusations forum:
https://bitcointalk.org/index.php?topic=673319.msg7630539#msg7630539

Serves you well for not using collateral but other weird forms of unsecured payment when dealing with forum borrowers.

@ ranlo - can you confirm he repaid full amount he was suppose to? It's always better to post the transaction public so anyone can verify it. It helps with credibility and legitimacy of the loan.

I can confirm. Essentially what happened was this (for full disclosure):

Loan was made. He couldn't fill the entire thing in repayment so he offered to pay back the balance the next day. I made a request to just roll over the remaining amount into a new loan, and added some more funds on top of it (being that he has a good reputation).

Yesterday, about 6 hours early, he repaid the entire balance that was owed (the rolled over amount, the extra loaned on top of that, and all interest).

He wouldn't let me do another loan right now, but we are 100% settled as per the agreement (loan) at this point and I'd have no issue working with him again in the future if he was up for it.

After my last loan has matured, I intend to start an auction for 1 week and 2 week loan periods.

I will use an auction format to get a better rate from any remaining lenders.  ;)


I still need your repayment address! Please check your messages.

Sounds good. Thanks! I'll definitely be following along with this to keep up!

Sorry I forgot. Here is the address for repayment in a few days. Btw I never got a PM from you. Edit: Nevermind I did get it, but it was buried with the other messages I got from other people so it went unnoticed.

15bF79q4HXxSN212hVXxVyCM9dxTncZHd6

I have been contacted by 3 parties who have had green dot accounts banned due to this guys practices. Anyone have any info or had accounts locked by this guy please contact me.
I hope he understands that what he is doing is classified as money laundering in the united states.

...and unsecured lending also known as "gambling"

But Gambling is legal in some states while money laundering is not.

Confirming receipt of payment from blkjaguar on my $10 BTC loan (with interest).  Many thanks sir.  Looking forward to doing again soon.

Hello,

I am now accepting loans via auction on this thread. This post is announcing the first auction!

Today, I am offering four different promises: 1 week and 2 week "notes", with secured and unsecured rates (bitstamp is the reference exchange).

I am writing down my promise for up to $1,000 of debt for each note, so the total being auctioned is 4,000.

To place your bid, simply send me a private message (or make a post) by using this format:

Bidding on 1/2 week note un/secured at % per week

At 10:00 PST tonight, the best bids will be announced. You are allowed one more bid after this (up to 1 bid for each note).
At 10:30 PST tonight, the best bids will be announced; loans will take effect the same day if payment is made before 11:00 PM; otherwise, the next day.
You must bid at least $100 and at most 5% weekly interest.

I will pick best offers up to $1000 from each of the 4 auctions.

Good luck!

100$, 1 week, 5%, secured

EDIT: Withdrawn due to no collateral.

I'm assuming the only difference between secure and unsecure loan is collateral and no collateral? I suggest that all "bids" be open public posts for transparency. You could claim that someone bid only 2% interest per week in PM if you didn't receive the results you wanted.

Yeah, I don't do silent auctions so I'm out on this one.

It is a good chance to see if he is legit or another one of those scammer/ponzier of unsecured lending.

Well for the record, I did receive repayment for the btc I previously loaned him. It was a little late, but I still received full amount + interest. No collateral, so it was unsecure right?

https://blockchain.info/address/15bF79q4HXxSN212hVXxVyCM9dxTncZHd6

Yes it was unsecured, good that you got your repay.

No collateral is offered.

Secured=based on $USD value and tied to exchange
Unsecured=based on bitcoin

Some people like secured loans.  :P

Ah I see. Glad you clarified, because some people like myself or killerloop assumed secured means collateral, rather than the amount being tied to fiat or btc. You might consider upping the interest amount, most people here tend to not give loans unless there was collateral, no matter how trusted you are.

I am glad that Killerloop has bid in the auction.

I still need some liquidity, so if you do not want to bid, please message me if you are interested in lending around these same rates. This means you, ranlo and haploid23  :P

I got the impression his offer to loan you money was based on you claiming it would be secured by collateral. I doubt he will give you an unsecured loan.

Indeed. If you look at the types of posts he makes and loan he gives out, he only does it with collateral. So there is some misunderstanding with the term "secured" loan. I'm pretty sure he will retract the bid as well.

Anyways OP, I've sent you PM, but not for a private bid.

Secured means "secured by collateral", the proper term for what you meant is "tied/untied"

Offer is, of course, withdrawn.

Just letting everyone know that I lent 1aguar .05 btc a minute ago:

blockchain.info/address/1APKormrFRhfV4bho8eLVLfuV4kVwK3Eo7

And he said he would pay me .0525 btc in one week's time at

blockchain.info/address/1KJtLkQeS2DGUAxFcbapjWdgnHtxpvWTJu



Good luck, 1aguar and hope to see .0525 btc there in a week!

I really don't think you'll have any problems. He's been following through on our agreements, :).

pm sent

sha-bam!

One bit-nickle for 2 week duration.

https://blockchain.info/tx/482a3352fedf26ec0ab56a29753b619df296a918648f2d16bb3f9d7f128294d0

re-payment address sent in PM

Well, .0525 btc has been returned to my address, so I'd say it's a good deal! Remember, don't gamble with more than you can afford to lose, but so far, I've made a great return on investment. Thanks, 1aguar!

pm sent (??)

Just wanting to update publicly for the record.  blk4jaguar just paid me back with agreed interest.  Slightly late but he added the couple of extra days in the form of a few more satoshi's.  Pleasure to work with somebody honest.

I want to publicly update also: he had a loan due on July 31, ended up being late, couldn't repay full amount (but did pay almost half of it), we agreed for more time for the remaining amount to be due today. He cannot repay once again, so I'm forced to give another extension. I'll update once he fully repays the loan.

That's how Ponzi schemes begin to unravel.
A few late payments...then, a late payments turn into partial payments...those turn into promises to repay with extra interest, but no payments...lastly, no more payments and no communication...

I'm not going anywhere. Now more than 7,000 completed escrows (at least $10 value traded).

Still making trades every day and earning lots; never selling below $700.

https://localbitcoins.com/p/1aguar/

Bit-dime sent for duration of 2 weeks.

https://blockchain.info/address/18nRTi6aofD9y4fv7s3G2LWaHALYaFgcqY

Loan due on 08/22/2014

Re-payment address sent in PM

Knowing that he could not pay me back for a couple weeks now, you still decide to send to him a loan? This makes almost no sense.

Good news for you...about to get your loan re-payment!

You sir are absolutely right.  Truth is, I didn't take the time to actually read through entire thread and could very possibly cost me my bit-dime.  I've only had one previous dealing with blk4jaguar in the past and though he paid a little bit late he did pay.  I totally get what is being said above now that I've actually taken the time to read it a bit more carefully instead of just seeing an LBC account with a butt-ton of trades and getting all excited.  Hopefully we both end up getting paid back what we are owed in the end but if for some reason I don't I suspect this is a lesson I won't soon forget.

I do believe I warned all of you about what is happening, he is selling traded Money Paks.

EX. He buys MP for bitcoins then turns and sells the MP for bitcoins

The problem lies in he never knows if someone empties them before he sells them, thus he is having a bunch of problems. Not only that MP is locking accounts, because some crafty scam artist has caught on to his moves. So they just sell him the MP Reverse or use it before he can sell it, then when the end customer has no Idea and it locks them out of all MP services. But hell I have warned many about many things but it seems to always be FUD till someones coins are gone  :'(.

I do believe I am open about this in my advertisements.

Actually, this is never the source of any problems; I should know...

Is that a fact? How would you know for sure that I am being regularly scammed?

Actually, this is never the source of any problems; I should know...
Have never heard of a seller complain about a reversal. Do you even know what you are talking about?  ???

I do believe I am open about this in my advertisements, and that what you describe is never the source of any problems as far as I am aware; and I should know!

Anyway, if you want to discuss further, there is a thread dedicated to me in the accusations forum.

Loan re-payment confirmed.

Hmm interesting he would repay you, but made no attempts to contact me for another partial repayment. Looks like I gotta nag again.

Isnt there some type of re-course, you shouldnt have to nag to get your btc back..

I apologize to my creditors; I have not had enough funds to cointinue my operations recently, but this is expected to change soon and at that point the money will flow.

Thanks for your patience!  :D

Boy I called this Long ago and warned people about it. His business practice was extremely flawed I even checked to make sure it was true. He was just trading Green dots, sell and buy with them.

Was the overdue loan ever re-paid to haploid?