Bitcoin Forum

Could verify with SilverLeaf, and slider1978


Payment to 1EQ8n1cFc7Hy83o5dWqfoveoGvQZzs6XKM

Will pay back 10.75 bit-coins on Friday the 20th.

I can cover this.

8.5 BTC sent to 1EQ8n1cFc7Hy83o5dWqfoveoGvQZzs6XKM at 4:38PM EST, Jan 18 2012.

10.75BTC to be repaid on Jan 20 2012 to 1JybK4JDGsKcuSbppNBH2mzd5dDyYnxGNp

http://blockchain.info/address/92f9b18439c971ee5c44502b8c395c19bfd1cba1

Witnessed.

Payment sent :)

Sent to where? Because I sure as hell didn't get it.  How about some proof from the block explorer?

indeed, i guess he sent to wrong address

One sec sorry about that got everything messed up,

Still not received.

Time for  the "Scammer" tag maybe?

Incoming momentarily, I will increase to 40%+ so 11.9 bit-coins back, sorry, it is still the 20th though in my timezone, sorry about this though.

I loaned 15.5 BTC to kujoking7, he's claiming repayment but none received. Following the issue closely.

Looks like he just put up a bunch of his stuff for sale.  He may be trying to raise funds to pay you guyes off:

https://bitcointalk.org/index.php?action=profile;u=46446;sa=showPosts (https://bitcointalk.org/index.php?action=profile;u=46446;sa=showPosts)

Bumpitty bump bump bump...

Hey kujoking7 are you going to pay these guys or do you plan to fuck them over ? Why the hell do u make false claims about payments that never went out ? I hope you sleep well at night...

Pay is coming

The fact that this thread is marked closed causes me great concern.   :-\

Yes, I believe that kujoking7 should mark all five threads as "OVERDUE" or at least "OPEN", not closed unless they are.

maybe its "closed" as in no more looking for loan, filled ?

Hi BurtWagner.  You might also like to add that the loan due date is 1 feb.  I had also headed my PM as loaning 28 and repaying 35, but (of course) 20% would only take it to 33.6.

The thing that annoyed me was checking the loan history and seeing the claims of payment and my 28 coins were simply not being used to cover those payment.  Then seeing INAU putting in some extra killed that idea, and now we have an interesting set of threads.

ugh why did I do that.  facepalm

I put all I could gather from the various threads into the consolidated loan box above.  You can quote it and add the missing information if you wish.  I think the total is the main thing and I think that is correct.

I do not know why, but I find this whole BTC loaning thing very fascinating.  It is a study in human beings and behavior and how they deal (or don't deal) with money.

I guess the question we are asking here is:  can a new system for loaning money to pseudo-anonymous people be developed.

We have banks developing, and even a credit rating system on the way.  Seems to me, for better or worse, we are having to duplicate a lot of the same infrastructure that has been developed in the fiat lending industry.

Watching the Bitcoin economy in general grow out of its infancy is very interesting... you sort of think, "hey, there's that real-world system being duplicated/adapted to bitcoin," and it's somewhat exciting to watch a free parallel economy excel at the same things that are done with fiat.

Starfish Bank  :)

I agree it is very fascinating, and I have to say that for better or worse I'm glad to be a part of it. I think there are some great things to come and I think we are going to look back on this time with fondness. There is a historical society in the building I work in and I was down helping them with their computer systems the other day and they were showing me old documents from a bank in town that I used to work for. Some of the docs were old deposit and loan lists that the bank kept regarding customers. Really reminded me of the google doc that was started here. Back in the day will be a common phrase for some of us in the future I think  :D

So, after 104 BTC in defaulted loans, has this guy pretty much disappeared ? (well, 104 as the borrowed amount, perhaps closer to 125 as the repayment amount ?)

From what I had read, he essentially started out with a couple small loans, then shopped around, using those successful loans (not even repaid) to use as part of his 'credentials' in order to seek larger loans ?

He still seems to be actively browsing the forum, although silent....
https://bitcointalk.org/index.php?action=profile;u=46446


So, basically, his signature is bullshit then ? as his references are received loans...not necessarily REPAID loans ?


It's sad that people like this exist.....

He owes me 17.5+x BTC, he replied twice to my PMs, claiming he's trying to gain funds...

Another thing that bothered me (that went virtually unquestioned) was the fact that he posted on more than 1 occasion, that FUND WERE SENT yet no one received anything and when he was questioned about it once, he simply said he 'messed up'......WTF

Where did those 'messed up' funds go ? who were they sent to ?

This guy seems like nothing more than a lying piece of shit, simply looking to buy time, so the fact that he responded to a couple PM's hopefully doesn't get your hopes up.

I think this guy is gone.....as he's way too deep into it to begin selling everything he has listed for sale, in order to pay people back.

Alternatively, if he does end up selling some items, I can perhaps see some of the loans being repaid, but potential buyers run the risk of never receiving anything for their BTC sent for his goods currently for sale.

This looks like it's going to be a partial win/lose situation no matter what.

That activity did not go unnoticed.  Not everything gets or needs to be reported on.

As for willingness to give out large loans, you don't see the full picture, and default is considered.

Patrick - Starfish BCB

Starfish Bitcoin Bank ?

I should of done a bet that he wasnt gonna pay, i kinda figured it from the beginning :-(

on a serious note im sorry to the lenders, they trust this guy and he just runs away and lie and lie and guess what? he does more lies!
Loan Insurance next time? (sorry had to add that due to the topic i made on this forum)

I'm paying back with additional payment

Any bets?

https://bitcointalk.org/index.php?topic=61298.0

lololoolol

Come on bet against me?
 https://bitcointalk.org/index.php?topic=61298.0

Alot of people saying he will pay back anyone backing there claims :-P

Great to hear!

You do realize you're giving him the opportunity to bet against you on a situation he has full control over, I hope. Assuming he isn't a scammer and just had bad things happen, he could place a bet against you just before paying everything back and then get your money out of it.

and thats why i am a gambler.

In that case, how about this:

I'll put 100 btc into escrow and you do the same, then you guess what number from 1 to 6 I'm gonna say in my next reply to you, and write it in a reply to me. After that, I say a number and if your guess was right, you get 200 btc. If I don't, I get 200 btc.

I said im a gambler, not stupid.

 :D

Daily bump.

The loan to me is now due... 48 BTC to be paid today. :(

I'm hoping that he'll get that iMac purchase done this week and things will hash out........

It'd be nice if he were more open about what went wrong, kept his lenders up to date about what was going on, and outlined what plans he had to pay them back. Posting cryptic messages along the lines of "it went wrong" or "you'll get the coins back" doesn't really cut it in this sort of situation.

*bump*
Any sign of him negotiating a payback?