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201  Alternate cryptocurrencies / Altcoin Discussion / Re: wolong pandacoin - what about it? on: November 11, 2014, 02:36:14 AM
sure, sure. I was asking for some positive/constructive comments since i still baghold worthless coins (i bought them as such) but also still believe their value could maybe be salvaged. Where are all the other bagholders?

I am sorry to tell you that you have nothing at this point. Even if someone was to resurrect it, it will have no market value because wolong is a known fraud and scammer 25 year old from singapore (maybe 26).

Take it as a lesson and forget about it.
202  Alternate cryptocurrencies / Altcoin Discussion / Re: Will you like another IPO? I doubt, should i launch it. on: November 10, 2014, 08:48:02 PM
Ask yourself this: does your coin/currency/asset have anything to offer, apart from making you money?

If you're just hoping that some n00bs will drop some BTC on you in exchange for a shitcoin, then you're almost in scam territory.

If, on the other hand, you have the best idea evah!, then just do a pre-ANN to see if people are genuinely interested before you start......

That's the ticket.

Real projects take it steady and do it right. It would be clear from their pace and execution that they want to do something REAL, not just trying to gather money for funding.

Also they would be open and honest about their profiles, dev identities, and intent of the project. They would also have numerous backings and other important details worked out beforehand.

Especially now, you need to take a hard look at if they are taking things such as regulatory movements and legality seriously. Scene is changing, and those that can fit into a new framework will be the wave of the future.

You will find some pre-ANN with great substance and enormous potentials in the sub forum if you know where to look. There are gems in the sand, some of them nearly a year old and still very much alive.
203  Alternate cryptocurrencies / Altcoin Discussion / Re: Invest in OpenBazaar? on: November 10, 2014, 08:41:01 PM
There is already something close that has been running and established for over 6-7 months now.

Check it out:

https://bitcointalk.org/index.php?topic=402667.0

https://marketplace.noblemovement.com/
204  Economy / Speculation / Re: I just bought 100btc on: November 10, 2014, 04:49:07 AM
welcome to the club




how many do you need to join this dragon club?




You need to spend money to make money. I'm a fucking dumbass with sound knowledge is necessary if you want to be 'rich'.

Be aware that bitcoin can go anywhere the heavy weights want to take it. You could invest in legitimate projects while doing your own research and analysis of the merits of such investment if you want to maximize your profit. Holding 120 btc is better than 100, and 200 would be even better.

Plan carefully, find legitimate partners.


Lmao wtf is this bitch saying.. OP you should ignore retards like him. His moms gynecologist accidentally poked his brain too hard when he was still a developing fetus

Ain't this the whiny bitch who sucked off his daddy for cash to buy btc, then lost half of it on shitcoins? Cheesy

LOL back for more.

Quit riding dicks for allowance and do somethin useful you pussy.
205  Alternate cryptocurrencies / Altcoin Discussion / Re: Can someone please explain Bytecent to me? on: November 10, 2014, 04:22:04 AM
Man this coin was so close to failing the conditions of the crowdsale.  That would have been epic.

He can easily buy that 50 btc needed for it to be a 'success'. The only cost would be the transaction fee for him.

Also,

People are understandably wary of ICO and Crowd funded coins.

I propose from now on that any Dev wishing to launch such a coin should make their real name and contact details publicly available, If they have nothing to hide and don't intend ripping people off then there is no reason for them to stay anonymous.

Their coin may well fail, but if they've done the right thing in the first place then it drastically reduces the chance of it being a scam.

I'm sick and tired of peopling losing money here to greedy Dev's, personally I never have and never will invest in any ICO coin, but that's just because I preferred the old method of actually mining coins   Smiley

I fully agree. If you are a serious professional and is committed to the launch of a crowdfunded venture, you are obligated to disclose your public identity. IE seems to have history of consistently earning the distrust and some substantial proof of his fraudulent behavior. At the very least, it proves a bad PR handling.

Some people, underdogs that they are, have been working hard and honestly but did not ever get the attention they deserved due to pump and dumps overshadowing the crypto scene this year.

Those same people have been public since they started on the crypto scene. Full identity disclosure, licensed and registered legally with documents to prove it all.

But they were ignored because of the fact that their professional approach didn't 'guarantee' enormous profits like pump and dump anonymous scams.

With the scene changing, it would be a very sad statement if IE was trying to manipulate the trust of the people and their desire for an open and public project with a fully public developer in order to conduct another dump scam on crypto.

The real honest people of crypto have been around since the start of their career with everything out in public. Going 'honest' now (even now he refuses to show his face on the video) sounds like a marketing gimmick at the very least, more likely a move to try and take advantage of the people's desperation to find an 'honest' project. Also, why is the comment section disabled in that video?

The coin is closed source. The dev has some dubious history. He is not public at all. His 'expertise' is in question with all the coins in the past that failed and is now forgotten as pump and dump coins on twitter and elsewhere. For an 'honest' dev, he has cut off too many lines of communication where he is supposed to give answers. It's his job to manage the venture.

Last of all, he is promoting himself as 'honest' all of a sudden when it's very convenient to do so. Real professionals and honest people have been at it quietly for months and years now with their public profile out in full view.

Too many red flags from a 3rd party point of view.

People are understandably wary of ICO and Crowd funded coins.

I propose from now on that any Dev wishing to launch such a coin should make their real name and contact details publicly available, If they have nothing to hide and don't intend ripping people off then there is no reason for them to stay anonymous.

Their coin may well fail, but if they've done the right thing in the first place then it drastically reduces the chance of it being a scam.

I'm sick and tired of peopling losing money here to greedy Dev's, personally I never have and never will invest in any ICO coin, but that's just because I preferred the old method of actually mining coins   Smiley

I fully agree. If you are a serious professional and is committed to the launch of a crowdfunded venture, you are obligated to disclose your public identity. IE seems to have history of consistently earning the distrust and some substantial proof of his fraudulent behavior. At the very least, it proves a bad PR handling.

Some people, underdogs that they are, have been working hard and honestly but did not ever get the attention they deserved due to pump and dumps overshadowing the crypto scene this year.

Those same people have been public since they started on the crypto scene. Full identity disclosure, licensed and registered legally with documents to prove it all.

But they were ignored because of the fact that their professional approach didn't 'guarantee' enormous profits like pump and dump anonymous scams.

With the scene changing, it would be a very sad statement if IE was trying to manipulate the trust of the people and their desire for an open and public project with a fully public developer in order to conduct another dump scam on crypto.

The real honest people of crypto have been around since the start of their career with everything out in public. Going 'honest' now (even now he refuses to show his face on the video) sounds like a marketing gimmick at the very least, more likely a move to try and take advantage of the people's desperation to find an 'honest' project. Also, why is the comment section disabled in that video?

The coin is closed source. The dev has some dubious history. He is not public at all. His 'expertise' is in question with all the coins in the past that failed and is now forgotten as pump and dump coins on twitter and elsewhere. For an 'honest' dev, he has cut off too many lines of communication where he is supposed to give answers. It's his job to manage the venture.

Last of all, he is promoting himself as 'honest' all of a sudden when it's very convenient to do so. Real professionals and honest people have been at it quietly for months and years now with their public profile out in full view.

Too many red flags from a 3rd party point of view.


Lol, I think if he want fu... the people he would change nick, becouse he would collect more btc than on this ICO, look at it only 63 btc.

More then one way to go about doing it. It's all about sentiment manipulation. Make em doubt, break the doubt, trigger panic buys, dump on buys, betray expectations while each and every one of the buys is profiting him one way or another etc each and every time hooking people in to trust and buy from byc.

I thought that 50btc 'success condition' is ridiculous for a 1500 btc sized IPO. Would be really easy for some dev to just 'buy' his own ipo that much and call it a success (btc which he will get back) - and who could prove it wasn't him?

The low number bought during this ipo is not a proof of anything - only proof of a beginning of manipulation.

One very bad mistake though - calling something crowdfunding or ipo is a very very easy way to get the authorities on your ass if you don't know what you are doing. He might think he knows the ropes about security laws etc and can't be prosecuted, but forget that money and law are two different things. Especially when anyone who is really interested can completely destroy him one way or another if they wanted to, and he just gave them the ropes to hang him with.




One last thing. I read his 'explanations' for the Blackcoin money he got. He literally says 'why would a scammer steal 4500 dollars worth when he was asked to gather 9000' which is laughable because a scammer WOULD steal that 4500, no question.

Then he proceeded to use some kind of racial issue to excuse the fact that he essentially broke away and kept that money because he was no longer working with them.

All I saw was deflection, lies, and half baked admissions of guilt that was somehow excusable because of no good reason.

He just set himself up pretty bad though. Legal issues surrounding securities and assets fraud are closing in on crypto hard, and last month's news about the regulations are just the starting points.

He really set himself up to be strung out.
206  Economy / Speculation / Re: I just bought 100btc on: November 10, 2014, 12:25:27 AM
You need to spend money to make money. Sitting and holding is a gamble of a sort - planned and well executed investment with sound knowledge is necessary if you want to be 'rich'.

Be aware that bitcoin can go anywhere the heavy weights want to take it. You could invest in legitimate projects while doing your own research and analysis of the merits of such investment if you want to maximize your profit. Holding 120 btc is better than 100, and 200 would be even better.

Plan carefully, find legitimate partners.

That's like asking to get scammed lol
How many legitimate btc "investments"  have there been so far? And how many people got burned, and lost coins in the past that would be worth a fortune at today's prices?

Obviously don't listen to known scammers and pump and dumpers.


The real money is to be made out side of exchanges and over the counter deals. Professionals are there if you where to find em.

As I said, do your own research, preferably outside of 'normal' crypto channels.
207  Economy / Lending / Re: Lending up to 4BTC! wow I am amazing for you lending! on: November 10, 2014, 12:20:28 AM
Let's play Smiley

Why no escrow? Also any proof that you actually sent loans to John K and vod? Both are laughing at you atm.

Tell us, why no escrow?

208  Alternate cryptocurrencies / Altcoin Discussion / Re: [IPO-Bytecent] Iconic Expert - Blackcoin SCAMMER - Bittrex on: November 10, 2014, 12:16:36 AM
People are understandably wary of ICO and Crowd funded coins.

I propose from now on that any Dev wishing to launch such a coin should make their real name and contact details publicly available, If they have nothing to hide and don't intend ripping people off then there is no reason for them to stay anonymous.

Their coin may well fail, but if they've done the right thing in the first place then it drastically reduces the chance of it being a scam.

I'm sick and tired of peopling losing money here to greedy Dev's, personally I never have and never will invest in any ICO coin, but that's just because I preferred the old method of actually mining coins   Smiley

I fully agree. If you are a serious professional and is committed to the launch of a crowdfunded venture, you are obligated to disclose your public identity. IE seems to have history of consistently earning the distrust and some substantial proof of his fraudulent behavior. At the very least, it proves a bad PR handling.

Some people, underdogs that they are, have been working hard and honestly but did not ever get the attention they deserved due to pump and dumps overshadowing the crypto scene this year.

Those same people have been public since they started on the crypto scene. Full identity disclosure, licensed and registered legally with documents to prove it all.

But they were ignored because of the fact that their professional approach didn't 'guarantee' enormous profits like pump and dump anonymous scams.

With the scene changing, it would be a very sad statement if IE was trying to manipulate the trust of the people and their desire for an open and public project with a fully public developer in order to conduct another dump scam on crypto.

The real honest people of crypto have been around since the start of their career with everything out in public. Going 'honest' now (even now he refuses to show his face on the video) sounds like a marketing gimmick at the very least, more likely a move to try and take advantage of the people's desperation to find an 'honest' project. Also, why is the comment section disabled in that video?

The coin is closed source. The dev has some dubious history. He is not public at all. His 'expertise' is in question with all the coins in the past that failed and is now forgotten as pump and dump coins on twitter and elsewhere. For an 'honest' dev, he has cut off too many lines of communication where he is supposed to give answers. It's his job to manage the venture.

Last of all, he is promoting himself as 'honest' all of a sudden when it's very convenient to do so. Real professionals and honest people have been at it quietly for months and years now with their public profile out in full view.

Too many red flags from a 3rd party point of view.


Lol, I think if he want fu... the people he would change nick, becouse he would collect more btc than on this ICO, look at it only 63 btc.

More then one way to go about doing it. It's all about sentiment manipulation. Make em doubt, break the doubt, trigger panic buys, dump on buys, betray expectations while each and every one of the buys is profiting him one way or another etc each and every time hooking people in to trust and buy from byc.

I thought that 50btc 'success condition' is ridiculous for a 1500 btc sized IPO. Would be really easy for some dev to just 'buy' his own ipo that much and call it a success (btc which he will get back) - and who could prove it wasn't him?

The low number bought during this ipo is not a proof of anything - only proof of a beginning of manipulation.

One very bad mistake though - calling something crowdfunding or ipo is a very very easy way to get the authorities on your ass if you don't know what you are doing. He might think he knows the ropes about security laws etc and can't be prosecuted, but forget that money and law are two different things. Especially when anyone who is really interested can completely destroy him one way or another if they wanted to, and he just gave them the ropes to hang him with.

209  Economy / Speculation / Re: I just bought 100btc on: November 09, 2014, 11:44:25 PM
You need to spend money to make money. Sitting and holding is a gamble of a sort - planned and well executed investment with sound knowledge is necessary if you want to be 'rich'.

Be aware that bitcoin can go anywhere the heavy weights want to take it. You could invest in legitimate projects while doing your own research and analysis of the merits of such investment if you want to maximize your profit. Holding 120 btc is better than 100, and 200 would be even better.

Plan carefully, find legitimate partners.
210  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [Pre-ANN][NOXT] - NobleNXT Proposal/Whitepaper - Noble's 1st Colored Coin on: November 09, 2014, 11:40:09 PM
This will be one of the most massive, detailed and developed white paper we have seen. 75 Pages and growing? Count me in.
211  Alternate cryptocurrencies / Altcoin Discussion / Re: [IPO-Bytecent] Iconic Expert - Blackcoin SCAMMER - Bittrex on: November 09, 2014, 08:48:12 PM
People are understandably wary of ICO and Crowd funded coins.

I propose from now on that any Dev wishing to launch such a coin should make their real name and contact details publicly available, If they have nothing to hide and don't intend ripping people off then there is no reason for them to stay anonymous.

Their coin may well fail, but if they've done the right thing in the first place then it drastically reduces the chance of it being a scam.

I'm sick and tired of peopling losing money here to greedy Dev's, personally I never have and never will invest in any ICO coin, but that's just because I preferred the old method of actually mining coins   Smiley

I fully agree. If you are a serious professional and is committed to the launch of a crowdfunded venture, you are obligated to disclose your public identity. IE seems to have history of consistently earning the distrust and some substantial proof of his fraudulent behavior. At the very least, it proves a bad PR handling.

Some people, underdogs that they are, have been working hard and honestly but did not ever get the attention they deserved due to pump and dumps overshadowing the crypto scene this year.

Those same people have been public since they started on the crypto scene. Full identity disclosure, licensed and registered legally with documents to prove it all.

But they were ignored because of the fact that their professional approach didn't 'guarantee' enormous profits like pump and dump anonymous scams.

With the scene changing, it would be a very sad statement if IE was trying to manipulate the trust of the people and their desire for an open and public project with a fully public developer in order to conduct another dump scam on crypto.

The real honest people of crypto have been around since the start of their career with everything out in public. Going 'honest' now (even now he refuses to show his face on the video) sounds like a marketing gimmick at the very least, more likely a move to try and take advantage of the people's desperation to find an 'honest' project. Also, why is the comment section disabled in that video?

The coin is closed source. The dev has some dubious history. He is not public at all. His 'expertise' is in question with all the coins in the past that failed and is now forgotten as pump and dump coins on twitter and elsewhere. For an 'honest' dev, he has cut off too many lines of communication where he is supposed to give answers. It's his job to manage the venture.

Last of all, he is promoting himself as 'honest' all of a sudden when it's very convenient to do so. Real professionals and honest people have been at it quietly for months and years now with their public profile out in full view.

Too many red flags from a 3rd party point of view.
212  Economy / Lending / Re: Medium Loan Request - 10-15% Interest, 30-45 days, Collateral and Escrow on: November 09, 2014, 06:34:49 PM
Anyways, stop this bickering, it has now become childish.

I was just harassing him, you have to admit he is pretty creative with words and manners. Smiley

Of course now that there is at least one user (you) complaining I'll stop replying and disable notifications.

'Notifications' LOL

Keep coming back for more I do like seeing you crawl back after every time you say 'I AM LEAVING' Cheesy

Now he thinks he's the one doing the harassment Smiley


Spammer has publicly agreed (for what it's worth) to watch his mouth.


Killerloop, why are you spamming his thread? You have said your bit, do not keep bumping this topic. Honeypot, stop trying to get the last word in.

I communicated with OP through PM. I did not think favourably on the loan terms and declined. If you intend to warn others, you should have done in a polite manner like Eisenhower did.

Anyways, stop this bickering, it has now become childish.

As I have stated before, the user somehow thought it would be a good idea to take a refusal of offers via PM and make it a public issue with absolutely no basis and mistakes by his own admission. Some accusations deserve to be pursued until the end.

There is nothing to be said here other than he keeps running his mouth left and right after getting carelessly in over his head Smiley

This is my offering and I do have the job of answering all questions, regardless of their validity. I suppose he should not have been taken all that seriously to begin with Cheesy




Offer ongoing, all interested parties post and PM for details.

213  Economy / Lending / Re: Medium Loan Request - 10-15% Interest, 30-45 days, Collateral and Escrow on: November 09, 2014, 10:29:31 AM
Obviously the collateral isn't sufficient?

Can't think of any other reason why someone wouldn't have funded the loan yet apart from the above.

You can decide if you believe the collateral is to your liking. If you would like to know the details, let me know.

Obviously the collateral isn't sufficient?

Can't think of any other reason why someone wouldn't have funded the loan yet apart from the above.

That's why:

Offer is closed. No further comments required. Look for serious advice/investment elsewhere

Desperate whore...real good scene you got going.


Offer ongoing, all interested parties post and PM, and I will send you the details.
214  Economy / Lending / Re: Medium Loan Request - 10-15% Interest, 30-45 days, Collateral and Escrow on: November 09, 2014, 09:53:50 AM
Okay, as you wish.

Offer is closed. No further comments required. Look for serious advice elsewhere

Again with the bitch act Cheesy

Bold it some more.

You are marked now, so check your back at all times boy Smiley

Offer is open to all and ongoing, interested parties negotiations of details and discussions welcome. Post here and discuss via PM, post confirmations once finalized.
215  Economy / Lending / Re: Medium Loan Request - 10-15% Interest, 30-45 days, Collateral and Escrow on: November 09, 2014, 08:15:48 AM
Your points may be understandable to a degree, but not reasonable if you consider both sides of the deal.

The issue I am addressing is that there is not only severe volatility in the markets, but also severe manipulation, outright fraudulent practices that makes the normal 'market' rules almost void in realistic terms.

Not pertinent with the issue as I am about to explain in the next comment.

The fundamental issue of fair practice and balance in these deals must take such circumstantial conditions into account before considering what is legitimate and fair to both sides make the contract. In this case, the market situation makes the liquidation of collateral in case of its value drop (temporary or otherwise) an extremely risk for the one handing out the collateral. If the lender takes that into account, it is not hard to see how this deal can be made more fair if you discount the arbitrary liquidation as an option. There are risks and rewards at play, both decided at split second sometimes.

No one mentioned arbitrary liquidation but you.
Since this kind of deals usually uses an escrow (and it is fair to use one if the BORROWER is willing to pay his fees) rules are set at the beginning of the loan. Nothing is left to the arbitration of one party. On the opposite side by forbidding liquidation in case of value drop you introduce a risk factor which is, of course, inacceptable to the serious investor.

If btc value drops to a third of itself from the time when I start the loan while the collateral increases in price above that, do I somehow have the right to demand that the lender send the extra amount be sent?

Of course you do.

It's too bad some people simply cannot see past their juvenile understanding of how negotiations work <additional hormone rage comments>

I understand that talking like this may provide some relief but do you really think that this will make things change? Three users have already called you on this practice, this approach defies every logic in the margin trading market. Professional services like BitFinex which, your words: "operate in these manipulative and volatile market" use EXACTLY the approach we are describing here.

Also maybe your should control the war setting on your keyboard before posting.
ME, Eisenhower34 and another user express the same concept, so if my understanding of the issue at hand is juvenile so is theirs.  Calling others juvenile when you are into crypto business for less than a year is.... well, insert appropriate term here.  Roll Eyes

Apparently you conveniently didn't answer the part about the complications that come with starting down that road, though you might want to check yourself before mouthing off weak accusations next time Cheesy

They didn't come through to 'support' you so much as you desperately latched onto them for 'help' when you couldn't get on your footing and never having anything to answer for all your mistakes up until now Smiley

Arbitration in this case is clearly about you deciding that something as one sided as market conditional liquidation is 'important' - clearly because it is in your favor while you are not quite so prepared to act on any of your 'claims' when I made offers otherwise. You weren't even willing to use an escrow, and when that was slapped down, you got uppity enough to ask for liquidation on the collateral in the event of it being in disadvantage for you - something that you failed to even read in the first place. After that was not done, you started bitching and publicly posted contradictory statements in regards to your attitude towards anything related to this offer - based on nothing more then any desperate excuse you could scrounge up (wikipedia definitions HAHA) and obviously little experience in negotiations or trading.

Now that some people are voiced their opinions, you latch on to them and pretend they are 'supporting' you Cheesy They are not here to argue for you or your position - only to discuss and clarify the deal details. No serious investor would think of you as anything more then a boy playing at a man's game since it's obvious you are trying to find any excuse to bitch and moan.

You mouthed off, and is now paying the price for not knowing your place. Everyone else I am happy to explain the side of this deal squarely. You tried to check out like a bitch and came crawling back to see if anyone gave you 'support' how many times now? Cheesy

Bitfinex professional? LOL you clearly have no idea what professional service means. You also have no idea what kind of corruption and back room dealings go on in crypto exchanges.

This lips for spine fool registered over 4 months later then myself, trust rating with lower history and sent feedback full of whining excuses and mouthy insults, thinks he can talk about 'experience' Smiley

Maybe you should learn to watch yourself before trying to give attitude where you are in over your head.

You don't try to substitute 'concept', one which you clearly do not understand, to hide behind for your obvious lack of backbone in standing by your initial position which was nothing more then a pathetic attempt at mouthing off at others Smiley

Keep coming back to the thread to get thrown down on the floor again and again because you can't find a face saving excuse to sneak out as you said you would at least 8 times now - it's providing some good entertainment while the deals are discussed and finalized. Cheesy

Now get to your day job serving others - maybe they will throw you some crumbs now and then.

All feedbacks welcome, little crumbs for whores like you Cheesy
216  Economy / Lending / Re: Medium Loan Request - 10-15% Interest, 30-45 days, Collateral and Escrow on: November 08, 2014, 11:10:07 PM
You forget that crypto currency scene and its volatility creates a condition that essentially destroys the traditional framework for these deals - a separate idea is needed to accurately adjust to is nature and draw up a contract that is essentially fair for both sides. Your opinion that this is a margin loan is incorrect by the fact that you must consider the exact environment in which you can apply such definitions with some reason.
I am not really sure what you are saying here, or how it is suppose to sell your loan.
You also forgot to mention the reward as well as risk that is both eliminated when I give out the collateral - I am myself forfeiting a chance to profit if the collateral goes above certain levels in the volatile market for a quick x2 or x3 if that happens, as it often does in crypto markets. I will only be able to get my collateral back if the escrow sees that I made my repayment on time - and the lender is assured of collateral disbursement through 3rd party escrow, an essential option which was somehow strangely rejected by some 'legitimate' people on these forums Cheesy
Not true. You give your collateral to a trusted escrow and the trusted escrow can sell the collateral on your behalf if you request him to do so, the proceeds would first be used to repay the loan and any excess amounts would go to you. This is very similar to you having your collateral on an exchange, only that you are not able to withdraw your collateral to a wallet that you control unless you repay the loan.
Your points are valid only if you consider the profit and advantage of the lender and not the other party - and crypto currency environment as I said does not allow the traditional definitions of these contracts to be applied accurately due to the very different nature of its current 'markets'.
See my above point. You are able to direct the escrow provider to sell the collateral if you no longer think the collateral is something you wish to own.
Also, not sure about you but I have seen members in the past with lower trust rating then either of us handling the amount easily double the portion I am asking for here, and have completed such deals successfully.
You have seen people take out loans for $5,100 worth of bitcoin? Under similar terms? Please post a link to a thread for proof. I generally speaking I have seen mostly very small loans ever end up working out. Like I said before your condition that the collateral will not be sold in the event that it's value drops below a certain point essentially makes this a loan that is secured by nothing more then your reputation that you will repay. Also again, your reputation does not support you being trusted with more then 7.5 BTC
As I said, I try to reach the fairest deal possible within the given framework. I'd say, if the loaner party is willing to risk forfeiting profits from the largely volatile markets with the absolute basic consideration that collateral is not returned until full payment is made, then the lender can accept both the risk and reward of the markets as well. This is a negotiable contract and trade, and balance is essential.
Again I am not sure what you are trying to argue here. I don't want to accuse you of anything but it somewhat looks like you are trying to use "fancy" words in order to make yourself look more qualified to give your loan credibility.

Your points may be understandable to a degree, but not reasonable if you consider both sides of the deal.

The issue I am addressing is that there is not only severe volatility in the markets, but also severe manipulation, outright fraudulent practices that makes the normal 'market' rules almost void in realistic terms.

The fundamental issue of fair practice and balance in these deals must take such circumstantial conditions into account before considering what is legitimate and fair to both sides make the contract. In this case, the market situation makes the liquidation of collateral in case of its value drop (temporary or otherwise) an extremely risk for the one handing out the collateral. If the lender takes that into account, it is not hard to see how this deal can be made more fair if you discount the arbitrary liquidation as an option. There are risks and rewards at play, both decided at split second sometimes.

If btc value drops to a third of itself from the time when I start the loan while the collateral increases in price above that, do I somehow have the right to demand that the lender send the extra amount be sent? The complications are numerous if we begin discussing the possibilities of risk vs reward, so it would be a simpler exercise for all involved to both keep variables to a minimum due to the fact that there are no real guarantees for heavily volatile market such as ours. You mentioned numerous conditions that could be laid out to my 'advantage' - have you perhaps considered that rewards that I potentially forfeit with the collateral are not already counted into the deal?

I do not know what is fancy in your terms, but I can tell you I have laid out the basics as clearly as I can: That both sides reach a compromise and a deal where risks and benefits are roughly on equal terms, and agree to mutual conditions based on that regard within crypto currency market situation.

You seem to argue that collateral in this case will easily drop to nothing, while perhaps not seeing that it can easily also do a  x3 in one day. Ignoring or minimizing the reward potential and emphasizing the risk does not sound like a realistic or logical way to determine the validity of a loan offer.

In regards to past such loans or deals, feel free to search the profiles of prominent members or the archives - they are all there for you to see, and there have been good deals made and concluded on the conditions I described.

It's too bad some people simply cannot see past their juvenile understanding of how negotiations work, and simply resort to squealing 'scammer' if it is not 100% to their advantage. It's a balancing act on both sides, and when I have clearly laid out the conditions for the deal it is the job of the potential lender to understand what is explained and decide for himself if he is willing or not. I would certainly not call a lender a 'scammer' simply because they request certain conditions - however that changes if egregious and ignorant conditions are made such as not using a 3rd party escrow, lack of immediate funds to issue the loan (future funds based on nothing but promises), and a complete lack of risk on the part of the lender and much more risk on part of the borrower.

You may have noticed that I initially refrained from any accusations of particular individuals as 'scammers' even though their ignorant ideas of 'deals' could easily be labeled as collateral scams.

I would advise that you see from the perspective of all parties involved, not just that of the lender. Especially not someone who cannot even read the posted conditions and proceeds to mouth off at everyone because the deal is not to their advantage and has no business flipping his tongue at something he made several mistakes on Cheesy

All offers ongoing, terms as stated on the OP. Negotiations of details welcome.
217  Economy / Lending / Re: Medium Loan Request - 10-15% Interest, 30-45 days, Collateral and Escrow on: November 08, 2014, 07:56:09 PM
Closed since my post showing reality. No further comments required.


Resorting to editing and cheekily declaring 'closed' while the entire offer is not only ongoing, but portions have already been filled and is active Cheesy

So desperate to get the last word in (or appear to do so to public) LOL

Don't worry, it will be clean and fast. You don't have to be so nervous about all of this because you just happened to be incapable of holding your lips and got yourself into something you want to run to the cops for Smiley


All serious investors, feel free to post/PM your offers. Negotiations and confirmations will take place during the process.

A little reminder for our cheeky little itaker boy with a mouth problem. Note this was fair number of posts ago and he's still bitching using the same weak lines Smiley

Offer closed. No further comments required.

Impotent and weak Cheesy

To all interested parties, all negotiations and terms are up for discussion. Reference OP for general guideline, and PM/post if you have questions and suggestions.
218  Economy / Lending / Re: Medium Loan Request - 10-15% Interest, 30-45 days, Collateral and Escrow on: November 08, 2014, 07:45:24 PM
You forget that crypto currency scene and its volatility creates a condition that essentially destroys the traditional framework for these deals - a separate idea is needed to accurately adjust to is nature and draw up a contract that is essentially fair for both sides. Your opinion that this is a margin loan is incorrect by the fact that you must consider the exact environment in which you can apply such definitions with some reason.

False, no counter arguement provided as it is impossible Smiley

You also forgot to mention the reward as well as risk that is both eliminated when I give out the collateral - I am myself forfeiting a chance to profit if the collateral goes above certain levels in the volatile market for a quick x2 or x3 if that happens, as it often does in crypto markets.

Easily solvable using professional approach at collateral and margins.

I will only be able to get my collateral back if the escrow sees that I made my repayment on time - and the lender is assured of collateral disbursement through 3rd party escrow, an essential option which was somehow strangely rejected by some 'legitimate' people on these forums Cheesy

If undisclosed ( Huh ) collateral become worthless you profit and lender is fucked

Your points are valid only if you consider the profit and advantage of the lender and not the other party - and crypto currency environment as I said does not allow the traditional definitions of these contracts to be applied accurately due to the very different nature of its current 'markets'.

False, shows inexperience or attempted manipulation. These markets are no different from volatile ones fiat based.

As I said, I try to reach the fairest deal possible within the given framework. I'd say, if the loaner party is willing to risk forfeiting profits from the largely volatile markets with the absolute basic consideration that collateral is not returned until full payment is made, then the lender can accept both the risk and reward of the markets as well. This is a negotiable contract and trade, and balance is essential.

False, shows inexperience or attempted manipulation. This approach puts you above the lender in case you do not honor the deal, and you aren't to be trusted

Scram, whore Cheesy

Make me.
Closed since my post showing reality. No further comments required.

'MAKE ME' LOL what are you a fucking 15 year old? Your mouth should learn to remain closed when you are not given permission to speak Smiley

Once again, hang your head in shame, itaker fool. Mouth running faster then your feet can keep up with.

'no different from fiat based' - Completely ignorant or willfully not mentioning the absurd amount of manipulation and fake volume within the exchanges. Ulterior motive, 'exchange employee'? Cheesy

You approach someone without even reading the thread by your own admission, makes absurd requests at refusing 3rd party escrow, and when you have lost any trust with someone and your liquidation scheme is refused, you start bitching like a whore in heat more and more as you can't get the last word in Smiley

You must be used to being humiliated in public as every single one of your careless mouthy statements are now on public view - you may have noticed, if you weren't so desperate to pretend your view are being 'supported' - that he made no mention of you or your 'view' despite 3 pages of whining on your part after your rejection because you made a shitty offer Smiley

Bitch go back to your months old loan thread and beg people to take your money Cheesy
219  Economy / Lending / Re: Medium Loan Request - 10-15% Interest, 30-45 days, Collateral and Escrow on: November 08, 2014, 07:21:41 PM
I don't think this loan poses a very good risk to the lender if you will not allow the lender (through the escrow) to liquidate the collateral in the event the value of the collateral falls below a certain point.

You are essentially applying for a margin loan which is a loan when you use a stock or a bond as collateral so you can purchase more stocks/bonds. With a margin loan the lender (usually your stock broker) will be able to sell the stocks/bonds in your account to cover your loan in any situation, not just when the price falls below a certain point. Although most brokerages will have a policy to attempt to contact you to get additional collateral in the event they wish to sell your collateral, they are not required to do so and can sell at any time for any reason. On here, lenders will generally only want the borrower to agree to allow them to sell the collateral in the event that it's value falls below a certain threshold, but would generally still be considered to be a margin loan.

If you are going to allow the collateral to be liquidated then you are essentially taking out a loan using your reputation as "proof" that you will repay. According to your OP you are asking to borrow a total of (just over) 7.5 BTC which is significantly more then your reputation should allow you to be trusted with at one time.

You forget that crypto currency scene and its volatility creates a condition that essentially destroys the traditional framework for these deals - a separate idea is needed to accurately adjust to is nature and draw up a contract that is essentially fair for both sides. Your opinion that this is a margin loan is incorrect by the fact that you must consider the exact environment in which you can apply such definitions with some reason.

You also forgot to mention the reward as well as risk that is both eliminated when I give out the collateral - I am myself forfeiting a chance to profit if the collateral goes above certain levels in the volatile market for a quick x2 or x3 if that happens, as it often does in crypto markets. I will only be able to get my collateral back if the escrow sees that I made my repayment on time - and the lender is assured of collateral disbursement through 3rd party escrow, an essential option which was somehow strangely rejected by some 'legitimate' people on these forums Cheesy

Your points are valid only if you consider the profit and advantage of the lender and not the other party - and crypto currency environment as I said does not allow the traditional definitions of these contracts to be applied accurately due to the very different nature of its current 'markets'.

Also, not sure about you but I have seen members in the past with lower trust rating then either of us handling the amount easily double the portion I am asking for here, and have completed such deals successfully.

As I said, I try to reach the fairest deal possible within the given framework. I'd say, if the loaner party is willing to risk forfeiting profits from the largely volatile markets with the absolute basic consideration that collateral is not returned until full payment is made, then the lender can accept both the risk and reward of the markets as well. This is a negotiable contract and trade, and balance is essential.

He know this very well my friend. But it is way easier to shift the risk on the lender instead of taking it for yourself Smiley

'my friend' LOL finally found someone you could latch on to as support (because surely he thinks of you as a 'friend'Cheesy) instead of begging for customers in your long unfilled loan thread from few months ago Smiley

You bitched and moaned about leaving the thread with 'no further comment required' 'I am leaving' no less then half a dozen times now, and crawl back the moment someone writes a post that is their own opinion - making bitch moves again? Cheesy

Try not to spill any dishes or mouth off at your customers again this time Smiley Not that you have long at your job anyway or your failed little exchange adventure.

Scram, whore Cheesy

 
220  Bitcoin / Bitcoin Discussion / Re: Bruno's accusations against Patrick Murck on: November 08, 2014, 03:19:43 AM
Watching with interest.
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