monbux
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May 07, 2014, 01:15:28 AM |
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I believe I've used the word on my past loan requests as well, just not in title. I'll review my past loan threads and redact the word guaranteed. Collateral does not guarantee anything unless it is in the hands of the lenders, in which the lendee is not guaranteed either.
Collateral doesn't guarantee anything? Your reputation doesn't guarantee anything either. But then again, the whole "guaranteed" word in the bitcoin world should not be used in the first place.
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GBattaglia (OP)
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May 07, 2014, 03:03:21 AM |
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I've reviewed past threads and this is by no means the first time I've used the term guaranteed, as well as other similar terms. Why there is now such an issue with it even on loans of even less value than prior, and the issue is enough to deem marking me as a scammer/hazard-to-do-business with is a bit bothersome to say the least. I'd frankly have less issue with this if it was prior when I made such statements: "This brings in after fees a minimum of .08BTC daily, with my total loans here counting interest totaling .84BTC, the amount required for repayment is secure and dependable." - https://bitcointalk.org/index.php?topic=500172.0"Same thing that guarantees I'll repay KWH, and the same thing that caused me to repay ClutchThese and Honeypot; honesty. I don't screw people over, as my lending history here shows." - https://bitcointalk.org/index.php?topic=500172.msg5530891#msg5530891"I can guarantee repayment by the 28th of February at the latest." - https://bitcointalk.org/index.php?topic=433194.msg4752545I'll continue to give consideration to rephrasing this and future threads, but this is by no means the first time I've conveyed such reliability; reliability that has been backed up in every transaction [lending and GPU purchases] here. Regards, Gabriel Battaglia
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Vod
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Licking my boob since 1970
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May 07, 2014, 03:04:44 AM Last edit: May 07, 2014, 03:16:07 AM by Vod |
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Dear sir, I am simply asking that you modify this thread to remove the word "Guaranteed" from the title (edit first post) and refrain from using similar language in the future.
You are not guaranteeing the loan in any way.
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Light
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May 07, 2014, 04:29:23 AM |
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I've reviewed past threads and this is by no means the first time I've used the term guaranteed, as well as other similar terms. Why there is now such an issue with it even on loans of even less value than prior, and the issue is enough to deem marking me as a scammer/hazard-to-do-business with is a bit bothersome to say the least.
Your usage may not have been noticed until now and hence you did not receive a notification in the past. The use of the term 'guaranteed' implies that a lender will definitely receive the funds lent back to them. In spite of your past transactions and reputation this is still not true as you are not providing the lender with a means to recover funds should you default or run.
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monbux
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May 07, 2014, 02:34:17 PM |
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I've reviewed past threads and this is by no means the first time I've used the term guaranteed, as well as other similar terms. Why there is now such an issue with it even on loans of even less value than prior, and the issue is enough to deem marking me as a scammer/hazard-to-do-business with is a bit bothersome to say the least. I'd frankly have less issue with this if it was prior when I made such statements: "This brings in after fees a minimum of .08BTC daily, with my total loans here counting interest totaling .84BTC, the amount required for repayment is secure and dependable." - https://bitcointalk.org/index.php?topic=500172.0"Same thing that guarantees I'll repay KWH, and the same thing that caused me to repay ClutchThese and Honeypot; honesty. I don't screw people over, as my lending history here shows." - https://bitcointalk.org/index.php?topic=500172.msg5530891#msg5530891"I can guarantee repayment by the 28th of February at the latest." - https://bitcointalk.org/index.php?topic=433194.msg4752545I'll continue to give consideration to rephrasing this and future threads, but this is by no means the first time I've conveyed such reliability; reliability that has been backed up in every transaction [lending and GPU purchases] here. Regards, Gabriel Battaglia No past references are required. What Vod is simply asking you to do is just rephrase/change the title part "guaranteed". That's it, please do that ![Tongue](https://bitcointalk.org/Smileys/default/tongue.gif)
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howzar
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May 07, 2014, 03:46:49 PM |
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Dear sir, I am simply asking that you modify this thread to remove the word "Guaranteed" from the title (edit first post) and refrain from using similar language in the future.
You are not guaranteeing the loan in any way.
Look at the amount he is mining each day, this gives the lender a guarantee that GBattaglia will pay back. I have loaned GBattaglia over 3 btc for fair interest for a few weeks. (On separate occasions, 1btc being the highest amount) He does not deserve the negative trust rating from Vod but by all means, it was his decision. GBattaglia, I will continue to loan you when I can and im sure KWH will aswell ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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howzar
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May 07, 2014, 03:48:33 PM |
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See, I would lend you... But I don't lend to lairspeople who mislead others. There is no such thing as "guaranteed" and it is quite misleading ![Roll Eyes](https://bitcointalk.org/Smileys/default/rolleyes.gif) I still don't get it, you are not offering a collateral? o.O He doesnt need to, just like if theymos someone trustworthy asked for a 10 btc loan people would jump right on, for no collateral as long as he was legit. I always use the same address to send to GBattaglia so that I know for sure he is in control of the coins in that address.
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austin
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May 07, 2014, 04:19:36 PM |
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Dear sir, I am simply asking that you modify this thread to remove the word "Guaranteed" from the title (edit first post) and refrain from using similar language in the future.
You are not guaranteeing the loan in any way.
Look at the amount he is mining each day, this gives the lender a guarantee that GBattaglia will pay back. I have loaned GBattaglia over 3 btc for fair interest for a few weeks. (On separate occasions, 1btc being the highest amount) He does not deserve the negative trust rating from Vod but by all means, it was his decision. GBattaglia, I will continue to loan you when I can and im sure KWH will aswell ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) He may be mining more than enough to pay back his loans, but that still doesn't provide a guarantee. Vod just wants the word removed so it doesn't lead anyone to believe that there is absolutely no chance he will run with their money. I don't think he is untrustworthy, but there's still a possibility he could default.
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GBattaglia (OP)
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May 07, 2014, 05:58:30 PM |
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Dear sir, I am simply asking that you modify this thread to remove the word "Guaranteed" from the title (edit first post) and refrain from using similar language in the future.
You are not guaranteeing the loan in any way.
Look at the amount he is mining each day, this gives the lender a guarantee that GBattaglia will pay back. I have loaned GBattaglia over 3 btc for fair interest for a few weeks. (On separate occasions, 1btc being the highest amount) He does not deserve the negative trust rating from Vod but by all means, it was his decision. GBattaglia, I will continue to loan you when I can and im sure KWH will aswell ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) Thanks man, it is greatly appreciated. To BitcoinTalk Lenders, Vod, Monbux, and users who have posted here:My primary issue with this whole scenario was that what I said here over the past few days is nothing new from all my past loan requests over the past four months. I've used the terms guaranteed, secured, and dependable in the past when I was working with the same amounts [and larger in fiat value back when BTC was around $800] and had even less history here. Maybe my usage of these terms slipped by moderation as a user mentioned here because it wasn't directly in the title. Maybe things changed in regards to guidelines stating you can't use certain terms. Whatever the case, neither party is satisfied. I'll continue here with advised alterations and redactions, although I'd prefer not because I'd feel it is less honest. Even with my last loan I just outright purchased Bitcoin via Coinbase to remain early/on-time with repayment when mining may have not fully covered the loan repayment. I do not offer collateral and I highly doubt I will in the future; this has nothing to do with me trying to steal people's money, it is due to efficiency and speed of procuring funds related to mining and business operations. I know such practices are disliked by lenders here who rely on a "collateral rule" for lending and receiving loans. Regarding Future Loans and this Thread:Due to the discussion here muddling this loan-set, I will create a new thread later on. This is to help keep things simple, concise, and professional for both I and my lenders. For those who have made offers, I do apologize for any inconvenience these delays may have caused. Regards, Gabriel Battaglia
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Vod
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May 07, 2014, 06:13:04 PM |
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Thank you for understanding that some words have certain meanings, esp to newer users.
No investment is ever "guaranteed". Collateral is about as close as you can get to making sure you get paid back.
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monbux
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May 08, 2014, 12:45:10 AM |
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Look at the amount he is mining each day, this gives the lender a guarantee that GBattaglia will pay back. Are you serious? Choose your words carefully. Just because he CAN payback doesn't mean that he WILL pay back. ![Roll Eyes](https://bitcointalk.org/Smileys/default/rolleyes.gif)
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GBattaglia (OP)
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May 08, 2014, 03:48:52 PM |
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I confirm that those terms are acceptable for me. You can give me the address for payment.
Yup, all fine with me.
Loans Accepted, Please Review Terms:Amount: BTC.5 Period: 1 Month Interest: 5% for the first month, 3% compounded each week if late Address for Payment: 1PPJTo4VqA6Un17ZDKnU4RCKHesj1YZh1T End TermsIf all is agreed to, please send BTC.5 to the above address. Please give your address for repayment with the post agreeing to the above terms. Let me know if you would like twice weekly updates and information on usage of loan funds. Thank you for your trust, and I look forward to doing business with you now and in the future if you're interested. Regards, Gabriel Cole Battaglia
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GBattaglia (OP)
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May 08, 2014, 03:51:06 PM |
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Look at the amount he is mining each day, this gives the lender a guarantee that GBattaglia will pay back. Are you serious? Choose your words carefully. Just because he CAN payback doesn't mean that he WILL pay back. ![Roll Eyes](https://bitcointalk.org/Smileys/default/rolleyes.gif) I'm not sure why I want to rip off my lenders though. I've already stated here that it is much more comfortable and lucrative for me to have BitcoinTalk as a means of funding. Again though, I do greatly appreciate Howzar's statement in this thread.
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eternalgloom
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May 08, 2014, 04:15:45 PM |
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I confirm that those terms are acceptable for me. You can give me the address for payment.
Yup, all fine with me.
Loans Accepted, Please Review Terms:Amount: BTC.5 Period: 1 Month Interest: 5% for the first month, 3% compounded each week if late Address for Payment: 1PPJTo4VqA6Un17ZDKnU4RCKHesj1YZh1T End TermsIf all is agreed to, please send BTC.5 to the above address. Please give your address for repayment with the post agreeing to the above terms. Let me know if you would like twice weekly updates and information on usage of loan funds. Thank you for your trust, and I look forward to doing business with you now and in the future if you're interested. Regards, Gabriel Cole Battaglia I agree to the terms above. Payment sent: https://blockchain.info/tx/429ba24d94f8afde4ac35096141261c93d19ec9ef0839e55a80941fc2e17b1f0Address for repayment: 1216exSQuzXjdiwQJNPy9KtzYjfyEGGD7N
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GBattaglia (OP)
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May 08, 2014, 04:22:06 PM |
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I confirm that those terms are acceptable for me. You can give me the address for payment.
Yup, all fine with me.
Loans Accepted, Please Review Terms:Amount: BTC.5 Period: 1 Month Interest: 5% for the first month, 3% compounded each week if late Address for Payment: 1PPJTo4VqA6Un17ZDKnU4RCKHesj1YZh1T End TermsIf all is agreed to, please send BTC.5 to the above address. Please give your address for repayment with the post agreeing to the above terms. Let me know if you would like twice weekly updates and information on usage of loan funds. Thank you for your trust, and I look forward to doing business with you now and in the future if you're interested. Regards, Gabriel Cole Battaglia I agree to the terms above. Payment sent: https://blockchain.info/tx/429ba24d94f8afde4ac35096141261c93d19ec9ef0839e55a80941fc2e17b1f0Address for repayment: 1216exSQuzXjdiwQJNPy9KtzYjfyEGGD7N Thank you. The loan will be repaid June 8th if not earlier. I will send a PM to each lender when I'll be sending the payment to confirm the address for repayment is still active and good for receiving the funds. Anyways, thanks again.
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taytuyen
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May 08, 2014, 04:23:31 PM |
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I believe you but I haven't BTC ![Grin](https://bitcointalk.org/Smileys/default/grin.gif)
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GBattaglia (OP)
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May 08, 2014, 04:26:28 PM |
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I believe you but I haven't BTC ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) *chuckles* Thanks man. No worries.
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tertius993
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May 08, 2014, 06:10:30 PM |
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I confirm that those terms are acceptable for me. You can give me the address for payment.
Yup, all fine with me.
Loans Accepted, Please Review Terms:Amount: BTC.5 Period: 1 Month Interest: 5% for the first month, 3% compounded each week if late Address for Payment: 1PPJTo4VqA6Un17ZDKnU4RCKHesj1YZh1T End TermsIf all is agreed to, please send BTC.5 to the above address. Please give your address for repayment with the post agreeing to the above terms. Let me know if you would like twice weekly updates and information on usage of loan funds. Thank you for your trust, and I look forward to doing business with you now and in the future if you're interested. Regards, Gabriel Cole Battaglia I agree to the terms. Payment sent, TxID: 118f16109a95bd1ca22b84f7f31d9e0b5f859eaf8185dd42448dfb383788a7e8 Address for repayment: 14m6wN3YMdRwbT8YmEiUEdPGzbYeqD9xEP Yes please to the updates.
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GBattaglia (OP)
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May 08, 2014, 06:18:20 PM |
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Thanks, will confirm payment once home. Currently away, but will post back in a few hours once I return.
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GBattaglia (OP)
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May 08, 2014, 09:53:01 PM |
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Funds have been confirmed on this end. You can expect the first update regarding funds on this Sunday. Thank you again.
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