I have been commissioned to provide a review for this service, and here're my observations: 1) It works as advertised for small amounts. I didn't risk a large amount of bitcoin, so I have no idea how much the service is capable of exchanging/obfuscating. 2) The UI is simple, and I find that to be a positive thing. I'm not concerned that there isn't much fanfare to the site. 3) There does seem to be a small trade penalty, at least according to the prices I observed at coinmarketcap at the time of the transactions.
More in depth review: The first thing I noticed when I tried to visit the site at work is that my company's firewall blocks it, claiming the security certificate is invalid:  I was able to visit the site once I logged out of my company network, and the certificate appeared to be intact. I didn't dig too deep into this discrepancy, a task I may undertake in the future. I conducted two trades on the site, and was able to extract my litecoin both times. Both trades were for 0.0001 BTC. Both times I received about 1.5% less LTC than the price at CMC suggests. I didn't see the exchange rate published on the site which to an extent contradicts this claim: - Exchange rate: The coin swap only takes place with the rate you agree with.
Furthermore, 1.5% is a pretty small discrepancy and could merely be due to different exchanges being used to establish pricing. However, it could also be a contradiction of this claim: Withdrawing the LTC is pretty straight forward, and fees can be manually adjusted from 0.0001 to 0.001 LTC. The site does automatically suggest a fee, presumably offering the most efficient rate at the time. There's a feature that allows you to destroy the session once it's been completed, which I used after conducting the first trade. It appears to have worked, I was not able to restore that session after destroying it. Whether all the information pertaining to the session has actually been purged from the server I do not know. Something that obviously requires a level of trust.
What I would like to see: The site provides a bitcoin address to send your coins, but there is no letter of guarantee, or a signed message reassuring the sender that the service indeed owns the address. This is a safety measure that I believe would help establish legitimacy. I would also like to see the website's certificate issue fixed.
Please send the remainder of my review bounty here: bc1q2nwf4njwkpeuyycx5a95nj6mf8m45djdk863xs |
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I just saw the edits you make to your original post I wondered what the topic " Needing a same day BTC loan of anything I can get for ~$10." did on my Watchlist. He seriously went from asking 2 BTC to asking $10! In other words: it doesn't matter how much he gets, and he'll take whatever he can. To be fair, he's asking for ~$95 (0.01 BTC,) but yeah, I see your point. The fact that he still thinks he's going to get anything is surprising. But, since he did apologize for stoking our ire I figured I'd give him the benefit of the doubt. To an extent, of course. |
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Edit: I just saw the edits you make to your original post, and now I feel sorry for you. That doesn't change the fact that you will not get a loan here, you simply do not qualify. Don't take it personally, that's just the way things are. As for our attitude toward your initial request; on a daily basis we witness new accounts asking for money with no reputation, and offering nothing that will guarantee compensation in case of default. Your's was more outlandish than most.  I would prefer directly to wallet but if in the end I have to go through a site, please inform me if I have to deposit more cash into it before I can withdraw.
Never, and I do mean never send money to site that claims you'll get more in return. All of them, and I do mean all of them are scams. |
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Username: stadus
Loan Amount: 0.06 btc
Collateral: None
Repayment date: every month, - 3 months amortization.
Funding Address: 1FgyS9JbYMEEPsY6rnz4GSA9g5as9BieCb
Thanks in advance DireWolfM14,.
-----BEGIN BITCOIN SIGNED MESSAGE-----
This is stadus requesting a loan from DireWolfM14 based on the terms stated above.
Please fund this address 1FgyS9JbYMEEPsY6rnz4GSA9g5as9BieCb
-----BEGIN SIGNATURE-----
1GTYsEmcF8bnQeQ2eWack4HYQRsKiz6nHN
IMTOFy90ticWZ/Zr4l3D8bZHVevXQamXfk+CM3fXgZZ/H2V0l09lSACZPXXahMBstIJDsZ6zOUuR8W2wPPsmOcs=
-----END BITCOIN SIGNED MESSAGE----- Hi Stadus, Thanks for choosing me as your lender, your request has been approved and funded. See the transaction hash below. Since you've borrowed from me before and the interest paid with the last loan, coupled with the interest for this loan will equal more than 0.005 BTC you qualify for my loyalty interest rate. You have a couple of payment options, please let me know which you prefer: Option 1: Three equal payments of 0.0229 BTC due on the 29th of November, December, and January, for a total payback of 0.0686. Option 2: Payments per the following table for a total payback of 0.0684. | ||.Date | || Loan | || Principal | || interest | || payment | .|| | | ||.29.NOV.2019 | || 0.06 | || 0.02 | || 0.0042 | || 0.0242 | .|| | | ||.29.DEC.2019 | || 0.04 | || 0.02 | || 0.0028 | || 0.0228 | .|| | | ||.29.JAN.2020 | || 0.02 | || 0.02 | || 0.0014 | || 0.0214 | .|| |
Please pay back at this address: 348XXjbpXwg37JYd8knLnHRSMajLbteSbJTxId: 2c505fef556523e17173b240d9e6645ec29e9432928140a9855aa3634c6b4b95 |
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@Yatsan, payment confirmed. Thanks again for the business.
@stadus, I sent you a PM. I'm approving your loan pending a signed request. Thank you. |
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If you wish to discuss terms and agree to my first three, please message me on telegram.  Your first post here is asking to borrow $19k, and YOU get to set the terms? How about these terms: take a long walk on a short pier.  |
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Sweet! Is that Solidworks? Yes it is. I actually prefer Autodesk Inventor, but SW is what I have available through work. I must admit it's growing on me, it works pretty darn good. I used Mastercam to create mine although all the models that I program at work on MC are imported from Solidworks. I like your knurled edge. After seeing yours I got the idea to "cheat" mine with just lines.  Also I like how you embossed rather than engraved. I actually thought about that after I machined mine. (20/20 hindsight, lol) Weird thing is, I found that after polishing, when I hold the coin up at a certain angle in the light, my brain actually interprets the engraving as raised embossed letters. Good luck with your creation.Cool stuff. MC is by far my favorite CAM package. It's been a while since I've programmed CNC on a daily basis, these days I'm working with plastic injection molds, and mostly on the design side. That's probably why I defaulted towards the "embossed" design vs. the relieved cuts. Half dozen in one, six in the other. I like the physical aspects of yours vs. the virtual aspects of mine. I have manual machines at home (Monarch 10ee and a Bridgeport,) but I can't justify using the CNCs at work for G-Jobs. Despite all of my years of experience the tool room guys still freak out when they see an engineer touching the machines, lol. |
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If anyone has doubts, you can simply not comment. I have doubts, and my comments aren't for your benefit, but the security of the community. If you don't like my comments, feel free to comment. |
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Enter your transaction hash into one of the many blockchain explorers, I like blockchair.com. Find your recieving address, then make sure it's listed in the address tab of your Electrum wallet. You can search for your address by hitting Ctrl+F.
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I have a feeling Stedsm is misinterpreting the "decaying" of sMerit, and what it means.
For every Merit point you earn, you only have 1/2 of an sMerit to give away. For example: if suchmoon gives you 4 merits for a post, you will have two sMerit to give away. If you choose to give those merits to Foxpup, she will have 1 sMerit to give away. If she gives it a newbie who's never earned a merit before, he'll have to wait until he is awarded another before he has 1 sMerit to give away.
That's the "decaying" effect currently in place. It doesn't mean that your sMerit will go away if you don't spend them. They will be there for ever, but they don't do anybody any good in that state.
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Username: Yatsan Loan Amount: .1 ETH Collateral: None Repayment date: 30 October 2019 Repayment Amount: 0.11 ETH Funding Address: 0xF3875b88f37E22e324A474F95A6BeC5868f766eD Just need for rush transaction. {
"address": "0xf3875b88f37e22e324a474f95a6bec5868f766ed",
"msg": "Username: Yatsan\nLoan Amount: .1 ETH\nCollateral: None\nRepayment date: 30 October 2019\nRepayment Amount: 0.11 ETH\nFunding Address: 0xF3875b88f37E22e324A474F95A6BeC5868f766eD\n\nJust need for rush transaction.",
"sig": "0xa55c3a6365194e780bada76b6f9acf4cc2af42ffa7ac596b871dd556d23165251c22d0d7c37ab14b49acaf583ff415c81e2015f3eae7a843d8794467a43d6f0a1c",
"version": "3",
"signer": "MEW"
}
Hi Yatsan, Your loan has been approved, and funds sent. Thank for choosing me as your lender. Please send the return payment here: 0x78B03f6F5848E4a473BDf8eE81e3f20870Ac70A8 TxId: 0xf1e5978509deb17a727ae386758fc6e3551291044aa5f6e312101efad54ed9af |
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Can you please elaborate on this: All litecoin withdrawals are new coins from our reserves. Where did the litecoin in your reserves come from, and if your service starts to get a lot of use, how will you be able to keep up with demand? |
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I'll volunteer to review, but I won't send first, not even a dollar. This is a new service promoted by a new account. It may seem silly to attempt to scam 0.0001 BTC, but that's not the point. If you want people to take you seriously, I suggest you sign a message from a wallet containing 0.03 BTC and be willing to send the reward to higher ranked, trusted members first. We would be more than willing to test your service and provide an honest review if you present the offer in such a way.
ETA: If you agree to send the reward first, and would like me to review your service please send the bitcoin here: 31jRYmBG84eSo4PmG35uj4ufbBHhWqBa2mCurrent balance: 
ETA: I agree to this: Paste your address below if you would like to review. You will receive 0.00075 BTC upfront, once the steps below are completed you will receive another 0.00075 BTC, totaling 0.0015 BTC. Please use the address provided above.
ETA: My review can be found here: https://bitcointalk.org/index.php?topic=5196233.msg52918539#msg52918539Please send the remainder of my review bounty here: bc1q2nwf4njwkpeuyycx5a95nj6mf8m45djdk863xs |
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If I want to borrow 50 BTC from you what are the conditions? Can you show proof that you have 50 BTC available to lend?
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-----BEGIN BITCOIN SIGNED MESSAGE-----
Username: finaleshot2016
Loan Amount: 0.008
BTC Purpose: Personal
Collateral: None
Repayment date: 29 OCT 2019
Repayment Amount: 0.0085
Funding Adress: 3KGj2Pa84RWsReDiJvXgUbMMKNa38o9nBM
-----BEGIN SIGNATURE-----
bc1qt4qjy0fzspcdm8rpm2zzjlfctqxhunmnjw79jk
IIaryRw6345RSSA3/58XCvIcmHtebmz7tBK/+npoB7VcRfVCtZFmQrAz1CVeMJo69GPn/UW8EbMeR2X7yoTex4E=
-----END BITCOIN SIGNED MESSAGE-----
Hi finaleshot2016, Thank you for the loan request. It has been approved and funded, the tx hash is below. Please pay back to this address: 35Q9V11H6v8goJaPepRwRyh8SH4Rk8wrCv 348XXjbpXwg37JYd8knLnHRSMajLbteSbJ TxId: 5810f94bd625736b03a2c2097e245973467bb369cf5100af58e7aede40cb26d1Good day, DireWolfM14! I'm not sure if I can pay full payment this week. I kindly request to extend my payment. New repayment date: Nov 2, 2019 Repayment Amount: 0.00871 Thank you so much. Hi finaleshot2016, Thanks for letting me know, your extension is approved. You were already offering extra interest in your original request, let's leave the repayment amount at 0.0085. |
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It's definitely a noble effort on DiamondCardz part, but realistically there's no verbiage that will make a borrower pay back once he determines to not to. There's no verbiage that will cause a lender to furnish the loan once collateral has been sent. There's no verbiage that will prevent a scammer from abandoning his account once he's chosen to scam. As for contracts; they are worthless unless we can identify to "the courts" those who've breached it. In it's infancy the culture of crypto adopted the acceptance of anonymity. That's unlikely to change in the foreseeable future. Even if it's abated at some point, it'll never completely go away. It's an ingrained part of why crypto exists. As it is, the best we can do is red-tag the anonymous account of a borrower that doesn't pay back a loan, or a lender that doesn't return collateral (or doesn't furnish the loan once collateral has been sent.) As a lender I've issued many non-collateralized loans, for which I must be willing to assume the risks involved. If a borrower sends collateral to a lender (even a "trusted," yet anonymous third-party escrow agent) he must also assume the risks involved. Both parties should know these risks before entering into such arrangements. I realize that being fair, patient, and generous are more likely to prevent me from being scammed than all the words in my terms of service. We're all human, we run into unforeseen circumstances, lenders and borrowers alike. The best we can hope for a contract to accomplish is to establish the guidelines for amounts, duration, interests, and repayment. Only those who intend to will honor the contract, and any who intend not to will not. Regardless of how many mediation clauses you include in your contracts, that's not going to change. |
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Updated...will need volunteers to further update thru weekend! Cheers!
I'll take 72, and here's an update. Thanks again, and good luck to all! 0.mocacinno :D
1. JanEmil ;)
2.tweetious ;D
3.ChefImGartenPavillion ;D
4.Darker45 ???
5.ritaconscience ;D
6.
7.xyz ;D
8.- wwzsocki :-X
9.Real-Duke 8)
10.
11.1miau ;D
12. asu ::)
13.geophphreigh :o
14.tvplus006 ;)
15.inthelongrun :D
16.
17.
18.
19.bL4nkcode 8)
20. ChiBitCTy 8)
21.henkcryptotank ;D
22.hanspeter77 8)
23.
24.
25.ReiMomo :o
26.rhomelmabini :D
27.carlisle1 :D
28.
29.ashmodeus ;D
30.
31.covfefe_ ;D
32.Scheede ;D
33.Souri :D
34.Lakai01 ;D
35.
36.buckrogers :D
37. abel1337 :o
38.
39.snarfbag ;D
40.digicoinuser ;D
41.
42.yogg ;D
43.
44.cygan ;D
45.
46.
47.spadormie ;D
48.
49.
50.Mitchell ;D
51.
52.
53.
54. cumakoff 8)
55.
56.rawdog11 8)
57.
58.
59.
60.
61.
62. philipma1957 ::)
63.
64.
65.
66.ayuwolle :D
67.bct_ail >:(
68.
69.UserU :o
70.sjjm83a123 ;D
71.
72.DireWolfM14 :P
73.
74.avlen :D
75.innocentone :D
76.
77.jwinterm ;D
78.
79.
80.
81.kabit9 ;D
82.
83.haloxon :D
84.FontSeli ;D
85.
86.
87.
88.sheenshane ;D
89.
90.
91.Lesbian Cow 8)
92. dis93 ::)
93.
94.
95.
96.
97.
98.
99.Ryker1 :D |
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If you are using physical collateral is it expected to be at a higher % than if crypto backed collateral is used?
Regards
Not necessarily, but unless we're talking about precious metals at spot price, the value of physical goods can be subjective. Collectibles are a prime example; not everyone has the means, knowledge, or time to sell collectibles for their highest potential value. So the lender may choose to apply a much lower value to the collectibles if they are used as collateral. In the event the borrower defaults on the loan the lender can sell them for below top-tier pricing, and is likely to recover his losses much sooner. Each lender has his policies, some won't accept physical collateral at all. It's also worth noting that this is a global forum. The locations of the lender and borrower might make physical collateral impractical. In your case, since you've already indicated your intent to sell your collectibles, no one is likely to accept them as collateral for a loan. The rational is that since you've already attempted to sell them, you are very likely to take the loan and abandon the collateral with the lender. |
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Kinda bummed about that tool mark on the right side of inner circle. That's where the tool plunged at the start of circular cuts. Try ramping into the cut, start at Z 0.0, then add your Z depth to a quarter arc G2 (or G3) code line. The thing looks gorgeous anyway, I never did mind tooling marks when they don't get in the way of function. Industrial art, baby!
I'm calling BS on this: Been making portrait of suspected bitcoin creator DORIAN NAKAMOTO  It looks like you took this photo and ran some digital effects on it to make it look like a charcoal drawing. Hell, my phone's camera app will do it. I'm finding it hard to believe that the same person who drew such life-like eyes did such a shitty job on the bitcoin ring. Sorry, not buying it.  |
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~
Transaction ID for boost. 3a24ea2d50c4abec84e5cf33feefd7eb905237b0d86266ecf9452619fa994cf7
~ Howdy Devawnm367, Repayment confirmed, and thank you for letting me be your lender. Please don't feel obligated to send a tip, I'm glad I could help when you needed it.
Hi, thank you very much in advance my friend.  -----BEGIN BITCOIN SIGNED MESSAGE-----
Username: efialtis
Loan Amount: 0.05 BTC
Purpose: Personal
Collateral: None
Repayment date: 01 November 2019
Repayment Amount: 0.05125 BTC
Funding Adress: bc1qcya0gpq0yl2gkd694a65dsd6e042zw5aw8chet
-----BEGIN SIGNATURE-----
1F5EVyFvqrVbMbuPvZFAQ62rDMDF8nDYhC
H9sZqWXLsR73A2zOqfKMt+HmuXOxfL+pxHtEfd26We47YVznu9PfTUG1DDz4v446YaA4AN1y4iBUMtCvVDzV4sI=
-----END BITCOIN SIGNED MESSAGE----- Howdy efialtis, Thanks for the loan request, and choosing me as your lender. Your request has approved and funded, the transaction hash is below. Please pay back at this address: 348XXjbpXwg37JYd8knLnHRSMajLbteSbJ TxId: 51c8c8d881024675596b3fc9ce14ecacdbf535c586079adc3db6cacdd7a5cea3 |
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