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541  Economy / Lending / Re: Any one from this board tried earning BTC interest? on: September 10, 2014, 08:59:07 AM
1.5% daily is an extremely good rate for fiat

No, it is an amazingly bad rate. If somebody offers you 1.5% *daily* on anything, you have to ask yourself simple question - how many more days will this continue? Because that rate in a year turns $100 into $23,000 - there's no repeatable investment or business strategies that would guarantee these returns besides maybe making gold out of horse shit. Fact is, if such a miraculous money making source is found, nobody would care or need to multiply *your* money. So when you are asked to invest under such a huge %%, that means only one thing - somebody desperately needs to steal your money. Nothing else.

I don't think bitfinex in specific makes gold out of horse shit. You basically provide liquidity, there's even a detailed article on how this works in their website. It still involves risk though. 
It's virtually no more risky than simply holding BTC or fiat on Bitfinex, though. They insure the loans and would push back trades in the event of a flash crash, so you can't lose your money lending unless Bitfinex steals it or goes under.
542  Bitcoin / Bitcoin Discussion / Re: satoshin@gmx.com is compromised on: September 10, 2014, 12:57:01 AM
I think the question remains. How he get access to the Satoshi's email account?

have you read this thread? its pretty much established that satoshis email password reset question was his birthday which was brute forced.

So is anyone in the USA going to step up to the plate and phone this into the police? The BTC community went SJW crazy last time someone tried to expose Satoshi, we should now and again in the future especially when its a dumb kid. At least it was only a dumb kid, who didnt truly appreciate what he could of done to BTC, as someone posted earlier they could of easily started rumours that they were about to dump their million coins and sent the market into a panic
People like this hacker bother me so much. He had an opportunity to make millions upon millions of dollars by taking a highly leveraged short against BTC with either his own money (if he has money) or someone else's money. Yet, instead he plays a few pranks and begs for 25 BTC. Then, he uses his real usernames for everything and basically doxes himself.

There's nothing wrong with not doing anything "bad" with information. If I had access to the email account, I'm sure I would have just read through the emails out of curiosity and then let the account rest without using it. However, if you're going to make something of it, do it right instead of trying to make a few pennies.

I can give the kid a break if he's 14 or younger. That's young enough that he may not have realized the potential of what he had. Otherwise, just a really stupid guy who has just made a lot of trouble for himself with virtually no financial reward.
543  Economy / Lending / Re: Offering Loans [No Collateral] on: September 06, 2014, 01:35:07 AM
leevalle (who I have learned defaulted on a loan with you) sent me a photo of his ID. I can share this information with you if you'd like.
544  Economy / Lending / Re: [EDU] LIST OF ACTIVE LENDERS IN THE FORUM on: September 06, 2014, 01:24:04 AM
You are missing this guy he is also offering loans here on this forum https://bitcointalk.org/index.php?topic=665876.0

Thanks for the suggestion. I will add him to the list soon.

Thanks for the add grtthegreat, I don't mind being at the bottom  Cheesy
I don't care how he orders the list (or where I am on the list), as long as it doesn't favor himself. Why are you in front of people who have been lending for longer and have higher trust ratings?

The way it currently is is very biased and I do not support it. Order it by thread start date, trust rating, or something else which is less biased.

Regardless of the order, get rid of the numbers. Numbers say that this is your personal opinion of lenders, which I guess it is.

Sorry but you misunderstood it. Its not based on anything, its just random. Its not my personal opinion. Please try to understand.
You're grossly misunderstanding what random is. Putting them down "in no particular order" based on whim isn't random (and if they are in no particular order, you should remove the numbers, as numbers mean that they are in order). You likely put yourself 4th because you wanted to put yourself as high as possible (as a result of both voluntary and involuntary personal biases) without it being overly obvious that you were putting yourself higher than you should be (it's pretty obvious to me, though). Even if you didn't think this, you did so without realizing it.

TomatoCage likely wouldn't be first if it was random - he's known as the most trustworthy. haploid23 likely wouldn't be second if it was random - he's proven to be a trustworthy lender and has been a good member for awhile. You go down the list and most of it makes sense based on the reputation each member has here (I can't comment about my own ranking, as while I know exactly my level of trustworthiness, it's impossible for other people to). The one guy sticking out is you - a relatively new member and lender, conveniently placed in front of a handful of more experienced and trustworthy members.

This is an entirely different topic, but true randomness does not just mean something is unsystematic and indiscriminate. Humans are incapable of true randomness. Most cryptography might even seem random, and for all practical purposes can be considered random, but it truly isn't. Randomness is very hard to achieve.

If you want this to be an unbiased list, you're going to have to change things. There's nothing inherently bad about something being biased, but that's what this list is. Considering you say that this list is unbiased and we can be sure it isn't, the only thing you've achieved is a loss of trust.
545  Economy / Lending / Re: [EDU] LIST OF USERS WITH OVERDUE AND OPEN LOANS on: September 05, 2014, 10:20:50 PM
This is pretty sad, why won't they pay back the loan?
He's likely just late. Just don't do any deals with him that put you at risk until his overdue loans are resolved.

Or were you talking about the list as a whole?
546  Economy / Lending / Re: [EDU] LIST OF USERS WITH OVERDUE AND OPEN LOANS on: September 05, 2014, 10:12:48 PM
likl3sfuhjh
https://bitcointalk.org/index.php?topic=740207.msg8394103#msg8394103

Repayment is overdue.
547  Economy / Lending / Re: [EDU] LIST OF ACTIVE LENDERS IN THE FORUM on: September 05, 2014, 09:54:54 PM
Thanks for the add grtthegreat, I don't mind being at the bottom  Cheesy
I don't care how he orders the list (or where I am on the list), as long as it doesn't favor himself. Why are you in front of people who have been lending for longer and have higher trust ratings?

The way it currently is is very biased and I do not support it. Order it by thread start date, trust rating, or something else which is less biased.

Regardless of the order, get rid of the numbers. Numbers say that this is your personal opinion of lenders, which I guess it is.
548  Economy / Lending / Re: Offering Loans with & without Collateral on: September 05, 2014, 07:48:09 PM
Looking for a small loan:

Loan amount required: 0.03BTC to add on to my 0.03 I already have.
Term length: Until next payday (Sept 18th)
Interest: Your choice Smiley
Reason: So I can purchase my medication.

I understand if you decide to decline due to lack of collateral.

Thanks!

I can do it. Please post your address if you agree to the following terms.

Repayment of .035 on or bother September 18th. If you can pay before September 12th for some reason, repayment amount is only .034. In case of late repayment, no late fee for 7 days. After 7 days, .005 late fee, making the total repayment amount .04. In case of total default with no solution, lasting more than one month, you agree to sell the account to me for the sum of .05 BTC (in other words, I pay you - this is not mandatory though and I may offer a lower sum or decline in the event of other issues with your account). This prevents a total loss scenario where you end up with a worthless account with negative trust and I lose my money.
549  Economy / Lending / Re: Offering Loans with & without Collateral on: September 05, 2014, 07:39:01 PM
I am currently still awaiting repayment from likl3sfuhjh. Explanation:

just updating you i have items ending on ebay that are sold so ill send payment soon sorry ill send a little extra

550  Economy / Lending / Re: [EDU] LIST OF ACTIVE LENDERS IN THE FORUM on: September 05, 2014, 07:31:52 PM
I'm a Sr. Member....

Also, why are you ordering them by numbers and why is the order the way it is? Why are you so high on the list?
551  Economy / Lending / Re: [REQUEST] .05 BTC on: September 04, 2014, 04:37:59 PM
I strongly disagree on this point. Addresses can be linked to identities and a record on the Blockchain could be used. It's not 2012 anymore.

Quote
Also a record on the blockchain would not prove anything as a person's identity is not linked to specific addresses, nor would you be able to prove non-payment via the blockchain.

552  Economy / Lending / Re: Offering Loans with & without Collateral on: September 04, 2014, 04:58:55 AM
Amount: BTC0.05
Repayment: Within the next 2-3 days
Interest: 15%
Reason:I need to pay my hosting site that is due by tomorrow and my cloud mining hasn't made enough bitcoins yet and even so it made the 0.05 btc quota I doubt that I will receive it before the due date so yea, I'll be needing to borrow. Thanks
Address: 1C1gZVpNmnxXzkqkMf6DSWVicurY6C1N6g

Denied, sorry.
553  Economy / Lending / Re: [REQUEST] .05 BTC on: September 04, 2014, 03:03:04 AM
He's the Tacocoin dev.

I can probably do it without real collateral, but I need identity verification. This will include an ID shot with your username and a shot with your ID and face. Will this be possible? All information will be kept strictly confidential and I am happy to provide a PGP key in case you want to encrypt the links.
Getting identification wold do nothing for you in the event he defaults. It would allow you to steal his identity (or try to)


Nobody wants to get their life screwed up for $25. I can only do it if he's in an Engish-speaking country, though.
If you can do it period then who is to say that you wouldn't do it if he does pay you back? Or who is to say that you wouldn't extort more money from him with this threat?
Extort money from him how, exactly? I have nothing to extort him with.

 You can't really steal an identity with just a photo. I've done loans like this with other members in the past and they have no complaints.
You would extort him with the threat of what you would do if he were to default. You just said that you could ruin his life if he lived in an english speaking country if he were to default on his loan if you had his id.

If you know someone's identity and they scam you, you can file police reports, tell their friends, tell their employer, etc. None of that works though if they didn't actually scam you and it's very easy to prove that you did not scam someone by showing record of it in the Blockchain. They can then also go after you for filing false police reports and libel. Unless you're giving your information to someone who is notoriously untrustworthy or a noob, there isn't really much of a risk. Of course, this is assuming you don't need to be anonymous.


I am not sure what you would expect to achieve by filing a police report regarding a defaulted loan. It is not illegal to not repay a loan. You will not be arrested if you fail to repay a loan, nor would you face any criminal action against you. If you tell a person's friends/family about a person not paying you money that is owed to you, then you would be violating the FDCPA in the US which would open yourself up to potential 6 figure civil liability for willful violations.  Also a record on the blockchain would not prove anything as a person's identity is not linked to specific addresses, nor would you be able to prove non-payment via the blockchain.

The most common reason people ask for identification on sites like this is to be able to open a bank account in their name or take out a loan in their name. There are skip tracing services that can potentially find a person's social security number based on their name and address (identification number on an ID would also increase the chances of finding it). Also one verification method on BTCJam is to provide your ID so you would be able to take out a loan in their name if you have a copy of their ID.
You can get information like that for a lot less than $25. Fraudsters aren't looking to target knowledgeable people like us, anyway.

Also, here's the big one - if someone is on here looking for a loan, their identity is going to be practically worthless for someone who is going to try to use that identity to take out a loan. People are on here asking for loans because they can't get one in real life.

554  Economy / Lending / Re: [REQUEST] .05 BTC on: September 04, 2014, 02:44:11 AM
He's the Tacocoin dev.

I can probably do it without real collateral, but I need identity verification. This will include an ID shot with your username and a shot with your ID and face. Will this be possible? All information will be kept strictly confidential and I am happy to provide a PGP key in case you want to encrypt the links.
Getting identification wold do nothing for you in the event he defaults. It would allow you to steal his identity (or try to)


Nobody wants to get their life screwed up for $25. I can only do it if he's in an Engish-speaking country, though.
If you can do it period then who is to say that you wouldn't do it if he does pay you back? Or who is to say that you wouldn't extort more money from him with this threat?
Extort money from him how, exactly? I have nothing to extort him with.

 You can't really steal an identity with just a photo. I've done loans like this with other members in the past and they have no complaints.
You would extort him with the threat of what you would do if he were to default. You just said that you could ruin his life if he lived in an english speaking country if he were to default on his loan if you had his id.
If I was to extort money from someone, I'd pick someone I don't like, not some nice guy who borrowed money and paid back.

If you know someone's identity and they scam you, you can file police reports, tell their friends, tell their employer, etc. None of that works though if they didn't actually scam you and it's very easy to prove that you did not scam someone by showing record of it in the Blockchain. They can then also go after you for filing false police reports and libel.

Unless you're giving your information to someone who is notoriously untrustworthy or a noob, there isn't really much of a risk. People on a forum like this value privacy.

555  Economy / Auctions / Re: [H] NEW ZEALAND NUMBER PLATE : MINERS [W] BITCOIN on: September 03, 2014, 10:11:29 PM
Is this an auction or not? Auctions have ending dates.
556  Economy / Lending / Re: [REQUEST] .05 BTC on: September 03, 2014, 10:05:18 PM
He's the Tacocoin dev.

I can probably do it without real collateral, but I need identity verification. This will include an ID shot with your username and a shot with your ID and face. Will this be possible? All information will be kept strictly confidential and I am happy to provide a PGP key in case you want to encrypt the links.
Getting identification wold do nothing for you in the event he defaults. It would allow you to steal his identity (or try to)


Nobody wants to get their life screwed up for $25. I can only do it if he's in an Engish-speaking country, though.
If you can do it period then who is to say that you wouldn't do it if he does pay you back? Or who is to say that you wouldn't extort more money from him with this threat?
Extort money from him how, exactly? I have nothing to extort him with.

 You can't really steal an identity with just a photo. I've done loans like this with other members in the past and they have no complaints.
557  Economy / Lending / Re: Offering Loans with & without Collateral on: September 03, 2014, 08:44:18 PM
Looking for a small loan:

Loan amount required: 0.03BTC to add on to my 0.03 I already have.
Term length: Until next payday (Sept 18th)
Interest: Your choice Smiley
Reason: So I can purchase my medication.

I understand if you decide to decline due to lack of collateral.

Thanks!
Who do you already have .03 with? I see a few requests, but no outstanding loans.
558  Economy / Lending / Re: Why do trustworthy people rarely need loans? on: September 03, 2014, 08:41:52 PM
My favorites are those who only want 0.1BTC.

Really? A guy who has to get an internet loan for $50 does not have a plan to pay you back. They will however offer free excuses. Maybe we should make an alt-coin just for loans. We'll just make up a value, say 1 loan coin = $0.50. Want a $100 loan? Sure, no problem. Here is 200 LC's.  Cheesy
I'd do LoanCoin if you or anyone else wants to team up. I can manage design and marketing and the other guy deals with the actual coin.
559  Economy / Lending / Re: Why do trustworthy people rarely need loans? on: September 03, 2014, 08:12:17 PM
I'm trustworthy and I still need loans

:c

I don't know about that:)    Looks pretty iffy on your Trust!

I just find it rather odd, its more like what is the point of this forum if all we get are scammers asking for loans!  
He seems reasonably trustworthy, actually. Plenty of good trust, especially from some of the most famous scammers ever on this forum. A Vod "warning trust" shouldn't erase that.

I'd trust him on small amounts without a doubt, but not large amounts. I probably wouldn't loan to him, though.
560  Economy / Lending / Re: [REQUEST] .05 BTC on: September 03, 2014, 08:08:25 PM
He's the Tacocoin dev.

I can probably do it without real collateral, but I need identity verification. This will include an ID shot with your username and a shot with your ID and face. Will this be possible? All information will be kept strictly confidential and I am happy to provide a PGP key in case you want to encrypt the links.
Getting identification wold do nothing for you in the event he defaults. It would allow you to steal his identity (or try to)


Nobody wants to get their life screwed up for $25. I can only do it if he's in an Engish-speaking country, though.
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