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I had a deal with one user, I gave him a loan 0.02 and he told me to repay 0.025 in 48 hours.
He give his password to have his account as collateral so I send him the money first and after this he changed password again so I couldnt take his account.

I know is my fault and I should take his account first but I didnt.
Now I hope that he repay but in case of default what could I do?

I have all the proof and signed message and everything. ..
Thanks!!

Well, there isn't much you can do to get those BTC back then waiting.
If he doesn't pay you back within the 48 hours, you can create a thread in the scam accusation board. If you post the proofs there, he will get negative feedback.

I can't think of anything else you can do.

You should have used always a trusted escrow for held the collateral, now as Josepht you can only open a scam accusation and try to convince that user to repay the loan (but I a m not sure he will repay it) however is this (https://bitcointalk.org/index.php?action=profile;u=406984) the account?

He changed the password in these two moment (as you said):

Today at 12:33:37 AM - TXWA - password changed
April 06, 2015, 11:08:35 PM - TXWA - password changed

https://bitcointalk.org/seclog.php

Yes thats the account!
Maybe mods could give me the account if he dosent repay?
Since I can prove it I hope a mod could do something...
Thanks guys!

No, the staff team doesn't involve in this type of situation. The only thing you can do is contact that user and try to convince him and obviously open a scam accusation (if he will not repay you, and these 48 are passed).

Ok ill do that! Thank you very much.

Why did you seriously think that you would be able to recover an account that you are holding as collateral if you do not have 100% control of the account? That is like accepting a promise that someone will give you collateral when they default.

Yes you are right, it is the same error that I have made (with a collateral). I didn't change the email address, because I thought it was random but someone noticed it (probably, because it was not hide to the "public) and he has registered (the email) and took the account.

OP, you should be very diligent with the collateral and as I said previously use always a trusted escrow.

I left a neutral on the account to not lend to it until you are paid back. If he fails to pay you back post a scam thread and message me... I will leave a negative. Honestly the fact that he took it back already is pretty bad either way.

It is very strange because I know he (or they) are managing this service : https://bitcointalk.org/index.php?topic=954370.0;topicseen  as written in the thread "We're glad to announce TOXCOIN Bitcoin Exchange - a new and easy way to buy and sell Bitcoins."

So why ruin a reputation for only 0.02 btc, this is insane or am I wrong?

Ty!! I think the same... Once he did this I think is not going to repay.
Yeah! For 5 fucking dollars. Ridiculus!!

He gave me the password but I dont know why I send him the money first and I wasnt drunk lol.
Then he changed password again. ..

Anyway no one with a brain will default this loan and ruin an account that worth more and ruin toxcoin. ..

It is understandable if you were intoxicated however that does not mean that others should bail you out. You should always make sure that any collateral being used to secure a loan is 100% in control by either you or a trusted escrow prior to you funding the loan, even if you are inebriated (especially so).

You state that the email address was random and public , so did the real owner changed the password or some random guy made a new account considering it never existed and changed it ? If that's the case , the real owner is fucked as well because i see his service thread and i don't think someone would want to ruin their repo for such a case. Still hope everything works out good for you and Him.

Lets see what happen.
We will know soon!

It's already a scam accusation, he changed the account password that means he broke the contract, so I don't think he will pay you back, just start a scam accusation to push him to pay back.

He was online and didnt answer me.
How can I start the scam accusation?

https://bitcointalk.org/index.php?topic=260073.0  there you will find all the information to start a scam accusation. You should open it right now! Because you haven't the collateral.

You have to start a thread in the Scam Accusations (http://) board, following the sticky instruction, here (https://bitcointalk.org/index.php?topic=260073.0). I quoted escrow.ms post for a quick reference:


Edit: @abyrnes81 - It seems we were writing the same answer at the same time. This time you win!  ;)

Nobody else found it weird that a owner of an exchange was asking for such a little loan?

Changing the password before paying the loan back is a good enough reason for negative feedback.

A lot of weird things seems to happen everyday, I'm not going to be shocked over it.
I agree with you a -ve trust feedback equal to the amount lent seems fair enough.

Good luck to OP!

Can I just give you the 0.02btc? This isn't worth your time or effort. PM me details, I'm going to bed soon.

Thanks for all ur help guys!! Im very pleased!

Thanks but u shouldn't pay for him.  :-\

https://bitcointalk.org/index.php?topic=1015338.msg11004770#msg11004770

Proof of sent: https://blockchain.info/es/address/1MsfPX6GqsCCfSqzDHfPKnpB3w7FXZRk4D

I have also all the Pms

Did you confirm that account wasn't hacked before sending the loan? Not sure why anyone would throw their reputation away over 0.02 unless they were planning a long term con with their exchange.

He just bump today one of his threads of toxcoin.
And he signed a messege.

Can you post the signed message and the post where he posted the address?

Bumping his thread really does not mean anything

This is the address

158r6a9R59gMf21CwrS37PW19bBCHGJaJP


I TXWA take a loan of 0.02 from jorjito25 and ill repay him 0.025 in two days time (9/04/25) I give my account as collateral to jorjito25 wich in case of default will be for his owner and he will be free to sell it or use it. 

ok done 
here is the result

ICAuYru8GjeDVgkXYuZQiQhaWKg20gS4K/B74Va7CMmVKHlvAT/aLg3zVkdHMDxtzYIcjKkqXOIRg5TpPTo9pPY=

regards !

Posted here! https://bitcointalk.org/index.php?topic=974518.msg10637551#msg10637551

I don't know what entered the mind of this guy and scammed you for only 0.02 bitcoins. I wouldn't do that if I was the man. And also, changing the password of an account that is given as a collateral is already a breach of contract, a sign that the user doesn't have the intention to give back the money. Hope you sort this out, OP. But I don't think that this guy will pay you back. Who knows, the reputation of the exchange depends on this man's hands. If he doesn't pay you back, a future scam might happen too.

Message verified. I really don't know what TXWA may be thinking. He mixed your BTC with others from many addresses but he didn't move them yet, thereafter (https://blockchain.info/es/address/1ZjyKSFHUWixNvsM532mPmtGriVpKTKLT).

http://gyazo.com/ec3ec3937d7904901e0c4d551d85f58a

He told me this.


U broke our contract so ill start a scam accusation and ill try to ruin ur toxcoin bussines.
Ill do whatever is in my hands.

Regards! 

sure take your time my friend. toxcoin is offline anyway soon. :D

So unfortunately I would not get it back but he is just an idiot.
He could have sell the account for five times what he stole me.

Fucking piece of shit...

Could make use of or "..." to present others' words? I cannot grasp who's saying what to who...

Re: (No subject)

« Sent to: jorjito25 on: Today at 03:17:57 AM »

Quote Reply Delete 

Quote from: jorjito25 on April 07, 2015, 04:10:51 PM

U broke our contract so ill start a scam accusation and ill try to ruin ur toxcoin bussines.
Ill do whatever is in my hands.

Regards! 



And he answer me this:

sure take your time my friend. toxcoin is offline anyway soon.  

So he defintely scam you, remember to open the scam accusation (https://bitcointalk.org/index.php?board=83.0). Another story in this fantastic forum, an "exchange" scam an user for only 0.02 btc. Amazing story, and I will recount it to my son, one day!

Hehe to your son! :)
Anyway I wont open the scam accusation, I already wasted too much time and I feel like an idiot.
All I wanna do is try to forget this shit and cry for my 0.02.

Regards  and Thanks to you guys!!


My 0.02..... :'( :'( :'(

I'm sorry to hear that.

I can't understand why people are scamming for such tiny amounts. I mean the .02BTC are just a few Cents...

Guys I have his account already!
I told him that I would pay him another 0.02 for the account so he gave me the password and I changed it.

What should I do now???
Thanks!

If you're a man of your word, you can send 0.02BTC but if your intention was to get it by sort-of-lying, the. You don't want to pay. IMHO it is good to pay him.

If I can say my opinion, you should not pay him another 0.02 btc because he has already violated the "loan contract" and now it seems that he wants only blackmail you for gain another .02 btc. However the final choice is up to you, and I think no one will trust his exchange anymore.

Good to pay him? LOL.

I wouldn't send him anything. That account is worthless now and you should expect more negative feedback that won't be removed.

Well, TXWA (It's the account, isn't it?) broke the deal first by changing back the account's password that supposed to be a collatelar for a loan, so he the one who is lying. So I recommend to keep the account until he pays the 0.025BTC

But its up to you.

He pulled an exit scam. There is a  claim (https://bitcointalk.org/index.php?topic=1016823.0) that he scammed $500 from one of his customers. The loan was most likely him trying to get an incremental amount from a victim, the additional.02 btc is just trying to get more. I would personally give the account back as it is probably not going to be worth the .04 that you will have paid for it.

I would take this as a learning opportunity for how to properly protect yourself.

Not many ways to protect yourself against people like that. Scam was already done by the time he got the account. Even if he secured it, it would be worthless due to the negative feedback. Unless accounts with negative feedback can be used for sig campaigns?

Negative feedback should not be removed since it was linked to a scam exchange.

I said what I would have done.

One of the meaning of good: "Expressing approval".


Isn't it better to sell it? Although you won't get 0.02BTC by selling it, you can atleast get a small amount.

Also, as this is now a collateral, will it be marked with negative trust?

Why would he pay another 0.02 and sell it for less then 0.04 (total he would have paid)?

It's linked to a scam exchange and negative feedback should not be removed. Should be left as a warning to those who haven't seen this and the scam accusation.

A double scam? No thanks, you should say to him " go fu*k yourself, you and your stupid exchange" and after open a scam accusation so everyone can left him a negative trust.

Well you shouldn't accept accounts that are engaged in those kinds of business as even if he didn't scam, there is a chance the account would get negative feedback if they run into problems or start to have very poor communication.

This thread was opened roughly 12 hours prior to the thread saying they scammed, and the scam accusacation said they scammed the same day, so it is probable that he scammed after it was public that he stole the account back.

There are a small number of accounts that can be used in signature campaigns however generally only the very low paying ones accept negative trust and even then the campaign pays a reduced rate for negative trust. IMO it is really not worth it because you would be earning so little and probably not more then the value of your time.  

the account is a member (almost full member) account and member accounts barely fetch more then .04 with neutral trust and there is barely a market for negative trust accounts and they are very hard to move. He would need to put a lot of effort into the account to get anything out of it at all.

I know the account is worthless now but im not paying him more or giving back.
Fuck him and his account!

I would like to get my 0.02 back but I think that I wont get it...


Guys Thank you very much for ur oppinions.

I dont know what to do with his account right now. ..

No :( you won't receive back your 0.02 btc because he is a scammer, someone else should write a comment in his thread (so no one wil deposit his money on his scam exchange)

Maybe if u guys remove the negative feedbacks I could sell the account in future...
That would be nice.
And now you know that im the owner of the account.
Other way ill put it on the bin! XD

Sorry, mine won't be removed. Get negative feedback removed, he buys back the account and uses it for future scams when this all blows over. Right? He most likely knew negative feedback was coming which is why he offered it as collateral.. He probably didn't know you weren't going to secure it properly.

This is the risk of buying or accepting accounts as collateral.

Yes u are right!
And any trusted person wants it? Can the account be use for something?

Anyway now everyone know that im not him so I think that I am a good person so... Why to carry all this red feedback?

I came extremely close to trying to buy btc from this persons website. I am glad that now I have solid connections when I am trading. Sorry OP that this person did this. But like you said, who would have thought over $5.

Thanks! I know that is only 5 dollars but I cannot take out of my mind...  when I think that he won I feel too bad...
I wish the worst for him.

Edit: And I know that he will never be happy. That makes me feel right!

This is what im doing with the account.

https://bitcointalk.org/index.php?topic=1017391.new#new

I want to get rid of it.