Bitcoin Forum

Economy => Lending => Topic started by: rivoke on February 10, 2015, 06:15:27 PM



Title: Need 0.05 loan by tomorrow
Post by: rivoke on February 10, 2015, 06:15:27 PM
So yeah if you need collateral ( my account) i will only do it with escrow
The loan will be paid back in 4 days with 10% interest, no more.
Pm if you can


Title: Re: Need 0.05 loan by tomorrow
Post by: shorena on February 10, 2015, 06:43:04 PM
I contact Quickseller for Escrow. You will probably asked to provide a signature with an old bitcoin address of yours.

E:g. this

The person who invented the door knock won the No-bell prize.



14sArAJ7UJcZ1yfit16yogcCex2hjDy2hy


Title: Re: Need 0.05 loan by tomorrow
Post by: Quickseller on February 10, 2015, 06:55:04 PM
I can confirm that I am willing to escrow the above account. I normally charge .0075 per account but can agree to just "tips" for this loan.

The need for a signed message is up to shorena however without one there is a chance that theymos may recover the account (in which case I would not be held responsible) or someone could later claim their account was hacked (this would result in the escrow agreement being executed as agreed but would negatively affect the value of the collateral).

The escrow process would be as follows:
1: borrower posts a btc address for the loan to be funded to
2: borrower provides a signed message for lender (if lender requests)
3: borrower provides the password to the account
4: I change password and other relivant credentials
5: once I confirm control of the account lender can fund the loan
6: lender publicaly posts repayment address
7a: once the loan is repaid within agreed upon timeframe the password is changed back to the password it was previously
7b: if borrower is more then 24 hours late on repayment the account will be turned over to lender

I will be available in ~3.5 hours if needed


Title: Re: Need 0.05 loan by tomorrow
Post by: shorena on February 10, 2015, 06:58:11 PM
I can confirm that I am willing to escrow the above account. I normally charge .0075 per account but can agree to just "tips" for this loan.

Id say we split the profit.

The need for a signed message is up to shorena however without one there is a chance that theymos may recover the account (in which case I would not be held responsible) or someone could later claim their account was hacked (this would result in the escrow agreement being executed as agreed but would negatively affect the value of the collateral).

The escrow process would be as follows:
1: borrower posts a btc address for the loan to be funded to
2: borrower provides a signed message for lender (if lender requests)
3: borrower provides the password to the account
4: I change password and other relivant credentials
5: once I confirm control of the account lender can fund the loan
6: lender publicaly posts repayment address
7a: once the loan is repaid within agreed upon timeframe the password is changed back to the password it was previously
7b: if borrower is more then 24 hours late on repayment the account will be turned over to lender

I will be available in ~3.5 hours if needed

Id need a signature yes. Preferably with the above address. Otherwise I agree with the terms and can sign them (PGP/BTC) if needed.


Title: Re: Need 0.05 loan by tomorrow
Post by: Quickseller on February 10, 2015, 07:00:30 PM
Where can I find your PGP public key?


Title: Re: Need 0.05 loan by tomorrow
Post by: shorena on February 10, 2015, 07:06:38 PM
Where can I find your PGP public key?

Its associated with the mail shor3na@gmail.com, which can be found in older posts as well.

http://pool.sks-keyservers.net:11371/pks/lookup?op=vindex&search=shor3na%40gmail.com&fingerprint=on

Gotta go for ~1 hour, be back afterwards.


Title: Re: Need 0.05 loan by tomorrow
Post by: rivoke on February 10, 2015, 07:20:39 PM
1BsRgxS2dV8FggNtvbajXLuqXosazGdb4V

I have pmed the password


Title: Re: Need 0.05 loan by tomorrow
Post by: cryptoforcause on February 10, 2015, 07:27:04 PM
I can give you 0.016-0.02

Can we use any other escrow?


Title: Re: Need 0.05 loan by tomorrow
Post by: shorena on February 10, 2015, 07:29:31 PM
1BsRgxS2dV8FggNtvbajXLuqXosazGdb4V

I have pmed the password

Could you sign:

Code:
I control the bitcointalk account rivoke and today is 10th Feb 2015

with an older address?

Ill send you a list of addresses you should control.


Title: Re: Need 0.05 loan by tomorrow
Post by: Quickseller on February 10, 2015, 07:31:10 PM
1BsRgxS2dV8FggNtvbajXLuqXosazGdb4V

I have pmed the password
I got the password however per the above shorena wants a signed message. Until you can provide one to sho's comfort or shorena agrees not to require one (this is recommended not to happen) then I will not attempt to access the account.


Title: Re: Need 0.05 loan by tomorrow
Post by: shorena on February 10, 2015, 08:42:36 PM
1BsRgxS2dV8FggNtvbajXLuqXosazGdb4V

I have pmed the password
I got the password however per the above shorena wants a signed message. Until you can provide one to sho's comfort or shorena agrees not to require one (this is recommended not to happen) then I will not attempt to access the account.

Confirmed via Twitter.

TX: https://www.blocktrail.com/BTC/tx/42b4e4980c94db25f93d84438a3a19d69f8c49c8a1eafd5391370beabb955374

please return to: 1Q7fZBmKs4xGYwycCMK4RJRRX1UihecGxT


Title: Re: Need 0.05 loan by tomorrow
Post by: Quickseller on February 10, 2015, 08:48:46 PM
1BsRgxS2dV8FggNtvbajXLuqXosazGdb4V

I have pmed the password
I got the password however per the above shorena wants a signed message. Until you can provide one to sho's comfort or shorena agrees not to require one (this is recommended not to happen) then I will not attempt to access the account.

Confirmed via Twitter.

TX: https://www.blocktrail.com/BTC/tx/42b4e4980c94db25f93d84438a3a19d69f8c49c8a1eafd5391370beabb955374

please return to: 1Q7fZBmKs4xGYwycCMK4RJRRX1UihecGxT
In the future it would be advisable to wait for confirmation that the escrow has secured the collateral prior to funding the loan.

I have changed the password to the account however I did not previously attempt to verify the password matched as mentioned above so it would have been possible he gave a fake password.


Title: Re: Need 0.05 loan by tomorrow
Post by: shorena on February 10, 2015, 08:53:33 PM
-snip-
In the future it would be advisable to wait for confirmation that the escrow has secured the collateral prior to funding the loan.

I have changed the password to the account however I did not previously attempt to verify the password matched as mentioned above so it would have been possible he gave a fake password.

Yep, I realized that a few moments after I did the post.
Thanks.

@OP if you need to contact me but do not want/can create another account, feel free to send me a mail.


Title: Re: Need 0.05 loan by tomorrow
Post by: Quickseller on February 10, 2015, 09:00:16 PM
Well I guess if he is using his social media accounts with his account here the chances of a default are slightly lower.

Hopefully he will repay as agreed in a few days.


Title: Re: Need 0.05 loan by tomorrow
Post by: redsn0w on February 10, 2015, 09:01:43 PM
1BsRgxS2dV8FggNtvbajXLuqXosazGdb4V

I have pmed the password
I got the password however per the above shorena wants a signed message. Until you can provide one to sho's comfort or shorena agrees not to require one (this is recommended not to happen) then I will not attempt to access the account.

Confirmed via Twitter.

TX: https://www.blocktrail.com/BTC/tx/42b4e4980c94db25f93d84438a3a19d69f8c49c8a1eafd5391370beabb955374

please return to: 1Q7fZBmKs4xGYwycCMK4RJRRX1UihecGxT

Quoted as reference.


Title: Re: Need 0.05 loan by tomorrow
Post by: shorena on February 15, 2015, 04:35:01 AM
So yeah if you need collateral ( my account) i will only do it with escrow
The loan will be paid back in 4 days with 10% interest, no more.
Pm if you can

Day 4 came and passed. Looks like Ill have to sell an account tomorrow :(


Title: Re: Need 0.05 loan by tomorrow
Post by: Quickseller on February 15, 2015, 04:51:56 AM
So yeah if you need collateral ( my account) i will only do it with escrow
The loan will be paid back in 4 days with 10% interest, no more.
Pm if you can

Day 4 came and passed. Looks like Ill have to sell an account tomorrow :(
It is a full member account, I would be surprised if you would have trouble selling it for even .07 quickly which is more then the repayment amount. If he was planning on selling it to you via a loan then he got the bad end of this deal.


Title: Re: Need 0.05 loan by tomorrow
Post by: Muhammed Zakir on February 15, 2015, 06:50:43 AM
Day 4 came and passed. Looks like Ill have to sell an account tomorrow :(
It is a full member account, I would be surprised if you would have trouble selling it for even .07 quickly which is more then the repayment amount. If he was planning on selling it to you via a loan then he got the bad end of this deal.

He could have got much better than this. I think he wanted to do a quick-sell, didn't wanna waste time on this.

@shorena : If you want to sell it, just tell Quickseller to send you the BTC. ;)

   -MZ


Title: Re: Need 0.05 loan by tomorrow
Post by: Quickseller on February 15, 2015, 07:00:40 AM
@shorena : If you want to sell it, just tell Quickseller to send you the BTC. ;)

   -MZ
I am not buying accounts right now. He should be able to quickly sell it though


Title: Re: Need 0.05 loan by tomorrow
Post by: ndnh on February 15, 2015, 08:32:00 AM
So yeah if you need collateral ( my account) i will only do it with escrow
The loan will be paid back in 4 days with 10% interest, no more.
Pm if you can

Day 4 came and passed. Looks like Ill have to sell an account tomorrow :(

I have been a lender to some a few months ago. I don't think it is good to sell the account the next day since he might not be able to respond due to some personal reasons. Did you try to contact him?

As a responsible escrow, you are supposed to hold the account for a minimum period, which should have been decided prior to the loan, so that he will still be able to recover the account.


Title: Re: Need 0.05 loan by tomorrow
Post by: Quickseller on February 15, 2015, 08:34:06 AM
So yeah if you need collateral ( my account) i will only do it with escrow
The loan will be paid back in 4 days with 10% interest, no more.
Pm if you can

Day 4 came and passed. Looks like Ill have to sell an account tomorrow :(

I have been a lender to some a few months ago. I don't think it is good to sell the account the next day since he might not be able to respond due to some personal reasons. Did you try to contact him?

As a responsible escrow, you are supposed to hold the account for a minimum period, which should have been decided prior to the loan, so that he will still be able to recover the account.
The agreed upon period was 24 hours after the loan's due date.


Title: Re: Need 0.05 loan by tomorrow
Post by: sho_road_warrior on February 15, 2015, 08:50:25 AM
So yeah if you need collateral ( my account) i will only do it with escrow
The loan will be paid back in 4 days with 10% interest, no more.
Pm if you can

Day 4 came and passed. Looks like Ill have to sell an account tomorrow :(
It is a full member account, I would be surprised if you would have trouble selling it for even .07 quickly which is more then the repayment amount. If he was planning on selling it to you via a loan then he got the bad end of this deal.

Sure, but I still would prefer if the return payment came in today.

-snip-

I have been a lender to some a few months ago. I don't think it is good to sell the account the next day since he might not be able to respond due to some personal reasons. Did you try to contact him?

As a responsible escrow, you are supposed to hold the account for a minimum period, which should have been decided prior to the loan, so that he will still be able to recover the account.
The agreed upon period was 24 hours after the loan's due date.

Ill try reaching them via twitter tonight.


Title: Re: Need 0.05 loan by tomorrow
Post by: rivoke on February 15, 2015, 10:43:30 PM
-----BEGIN PGP SIGNED MESSAGE-----
Hash: SHA1

Today is 15.02.2015 and I (shorena) just received the collateral (account
named rivoke, ID: 380730) from Quickseller.
Payment for Escrow (0.0025) is still due, waiting for an address.
-----BEGIN PGP SIGNATURE-----
Version: GnuPG v1.4.12 (GNU/Linux)

iQIcBAEBAgAGBQJU4SC3AAoJEJQKF9u9a2jiIIEP/j2p5d6chle29j4lz40em98E
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ZbDJaGSVFA7KJHNPh8gr
=ywr2
-----END PGP SIGNATURE-----


Title: Re: Need 0.05 loan by tomorrow
Post by: Quickseller on February 15, 2015, 10:51:11 PM
-----BEGIN PGP SIGNED MESSAGE-----
Hash: SHA1

Today is 15.02.2015 and I (shorena) just received the collateral (account
named rivoke, ID: 380730) from Quickseller.
Payment for Escrow (0.0025) is still due, waiting for an address.
-----BEGIN PGP SIGNATURE-----
Version: GnuPG v1.4.12 (GNU/Linux)

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ZbDJaGSVFA7KJHNPh8gr
=ywr2
-----END PGP SIGNATURE-----
I sent you a PM to your shorena account. There is no rush in sending it over.


Title: Re: Need 0.05 loan by tomorrow
Post by: shorena on February 15, 2015, 11:03:40 PM
-snip-
I sent you a PM to your shorena account. There is no rush in sending it over.

Maybe not, but its time to sleep for me, so better now.

Not sure if you want the address to be kept secret, so Ill just say the TX is out.