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Author Topic: BTCJam - Bemtje, Paranorman, SynOps *defaults only*  (Read 2620 times)
jago25_98
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March 18, 2013, 05:52:51 PM
 #1

Less than a single BTC lost because I was experimenting with BTCJam, thinking I'd probably lose something. I kept reinvesting with just BTC1 but with slightly careful choices.

Seems that wasn't good enough.

Bemtje, Paranorman, SynOps all overdue.

O well, experiment concluded :-)

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March 18, 2013, 09:44:36 PM
 #2

See here.

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March 18, 2013, 10:53:34 PM
 #3

MY STATEMENT:
I fully intend to repay. I have got behind over the last week or so. I am in the process of moving into an office that isn't just an office here in my home and one that isn't 50 miles from my house. Traveling was getting ridiculous and being home was not proving to be productive most of the time when I was home (family life gets in the way to easily).

At this time my office away from home does not have internet yet and I also intend to update my business information with the state and county, this is taking up a bit of time away from work to do this myself, but its required for me to get back running 100% again.

As for anyone concerned, no need to be, I answer your emails, pm's, and telephone calls, and update the comment section on BTCjam frequently! I am ahead in payments on some of the loans, while I just recently got behind on some others. You can see my stats on BTCjam and see that I do pay!




AS FOR BTCjam OVERALL:
I do NOT plan on taking out/asking for any more loans from BTCjam. I will keep loans to real investors and not a community of "who dey be?" people.

I stopped loaning there a while ago because the site owners never reply back with how I can recover funds from those who default.



jago25_98
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March 18, 2013, 11:02:25 PM
 #4

Thanks for the statement SynOps. I do view you as the more reliable guys.   

MPOE-PR, thanks too. I was hoping I could prove that thread wrong. Strange the way all the defaults all came all in one go. I thought I had mitigated from that. 

One thing I could have done was just go just for USD denominated loans.
The rep building is kind of destructive too it could be argued... but perhaps not conclusively... perhaps safe just not to support it in future.

I was aware of BTCJam being risky. I kind of made it my little game to try to see how long I can keep the coin going before going bust... didn't last long! I was going only for very reputable people but still it didn't go well. I had ebay links, otc ratings, phone number verifies but of course sometimes it doesn't always go to plan.

For anyone interested, here's a list of my current loans. As you can see it's all very small, just an experiment. If I can get back to a level field then I can prove to myself it is possible to make money on BTCJam. If not then... it's a very useful lesson for all... kind of a sad lesson... but usury seems to bring bad luck




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March 19, 2013, 09:33:00 AM
 #5

I would like to add these name to DEFAULTERS OF LOANS I GAVE WITH DUE DATES & AMOUNTS DUE ON THOSE DATES---The amounts listed is how much they owe me

Who_MikeJones

TOTAL OWED: BTC13.48917661


Tetrisx

TOTAL OWED: BTC17.87720521

will
TOTAL OWED: BTC5.1819281


zymo
TOTAL OWED: BTC0.00010605


Jon Berns

TOTAL OWED: BTC0.00562500


cynthia
TOTAL OWED: BTC0.07010844


clown12234

TOTAL OWED: BTC0.11827114

ProfitMargin
TOTAL OWED: BTC฿0.00312500


Dezere
TOTAL OWED: BTC0.0000011


8668
TOTAL OWED: BTC0.13235028 PLUS BTC0.04411676 once a month, through December 2013

FreeMoney
TOTAL OWED: BTC0.00517500

logan777

TOTAL OWED: BTC0.23295326 PLUS 40+ more payments equaling BTC1.80224136 through Feb 2014. ( grand total BTC2.03519462)


ElevatedDownfall

TOTAL OWED: BTC0.04880176

Peitscher
TOTAL OWED: BTC0.00477000

Paranorman
TOTAL OWED: BTC0.00964294

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March 19, 2013, 06:19:22 PM
 #6

MY STATEMENT:
I fully intend to repay. I have got behind over the last week or so. I am in the process of moving into an office that isn't just an office here in my home and one that isn't 50 miles from my house. Traveling was getting ridiculous and being home was not proving to be productive most of the time when I was home (family life gets in the way to easily).

At this time my office away from home does not have internet yet and I also intend to update my business information with the state and county, this is taking up a bit of time away from work to do this myself, but its required for me to get back running 100% again.

As for anyone concerned, no need to be, I answer your emails, pm's, and telephone calls, and update the comment section on BTCjam frequently! I am ahead in payments on some of the loans, while I just recently got behind on some others. You can see my stats on BTCjam and see that I do pay!




AS FOR BTCjam OVERALL:
I do NOT plan on taking out/asking for any more loans from BTCjam. I will keep loans to real investors and not a community of "who dey be?" people.

I stopped loaning there a while ago because the site owners never reply back with how I can recover funds from those who default.





Thanks for keeping us updated Synops. Good luck getting everything back in order.
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March 20, 2013, 07:26:24 PM
 #7

People who owe have outstanding loans with me:

Quote
ElevatedDownfall

TOTAL OWED: BTC1.10641904


ElevatedDownfall seems to have disappeared completely. His loans were mainly funded by long term bitcoiners on OTC due to the strength of his respect.
He was well known and well respected.

I suspect (hope) that the price of BTC was the reason ED defaulted as currently he owes ฿14.59 on BTCJam (some to myself as well).
ED loaned when BTC was at the $20 mark and as we all know, price has skyrocketed...

I have emailed him on his GMail and TorMail address, but no reply from either.


Quote
SynOps

TOTAL OWED: BTC12.34355325

Despite being promised outstanding payments, I am still waiting. Will update as needed...

Update 1: SynOps and I renegotiated the outstanding loan amount to be paid in MTGox USD to prevent the rising price of BTC becoming an issue.
He said he will pay me by (or very near) 1200 EST (1700 GMT) today.

Update 2: SynOps paid $212 in MTGox USD Redeem code.

Veni, Vidi, Cidere, Prenda In Gen, Interlitum Verlgo Stipes, Dissiptum.
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March 21, 2013, 03:11:24 PM
 #8

Just wanted to chime in and say that i've funded synops/s projects on btcjam, and have also done a few trades with him over otc. He's a standup guy, and im sure he will rectify any issues.

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March 21, 2013, 09:36:17 PM
 #9

Peitscher


seems to have vanished completely, not responding to the people that loaned him btc. SynOps has been late in the past but is keeping us up to date.
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March 21, 2013, 10:13:46 PM
 #10

Peitscher


seems to have vanished completely, not responding to the people that loaned him btc. SynOps has been late in the past but is keeping us up to date.

No idea who that is, man. You should provide a link to his forum or BTCJam profile.

THIS SPOT FOR RENT* | GPG ID: 4880D85C | 1% Escrow | 8% IPO/ICO Escrow services Temporarily Closed | Bitcointalk is the ONLY place where I use this name (No Skype/IRC/YIM/AIM/etc) | 13CsmTqGNwvFXb7tD9yFvJcEYCDTB8wQTS | Beware of these SCAM sites! | *Sponsored Link
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March 21, 2013, 10:15:40 PM
 #11

I'll move SynOps to the green list since he appears to be making an effort to pay back his loans. Keep up the good work, SynOps and thanks for keeping your lenders informed.

THIS SPOT FOR RENT* | GPG ID: 4880D85C | 1% Escrow | 8% IPO/ICO Escrow services Temporarily Closed | Bitcointalk is the ONLY place where I use this name (No Skype/IRC/YIM/AIM/etc) | 13CsmTqGNwvFXb7tD9yFvJcEYCDTB8wQTS | Beware of these SCAM sites! | *Sponsored Link
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March 21, 2013, 11:58:37 PM
 #12

Peitscher


seems to have vanished completely, not responding to the people that loaned him btc. SynOps has been late in the past but is keeping us up to date.

No idea who that is, man. You should provide a link to his forum or BTCJam profile.

Sorry, this is him

https://btcjam.com/users/1053

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March 29, 2013, 03:37:32 PM
 #13

Is any of then there scanners Galwaysteve? He's another one that's defaulted and vanished. Posting this before my shift starts so I can't supply all the detail yet. will when I get off . But he's taken a good chunk of investments
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March 29, 2013, 03:42:00 PM
 #14

actually screw it here is the loan

 https://btcjam.com/listings/1458

profile

 https://btcjam.com/users/1287
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March 31, 2013, 05:50:19 AM
 #15

Hellen Keller  https://btcjam.com/users/2464.  I am glad I spread my funds around. 
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March 31, 2013, 01:06:24 PM
 #16

I plan on starting making payments either today or tomorrow for sure!

It may be slow at first, but I am not going anywhere!

More info here:

https://bitcointalk.org/index.php?topic=161273.0

https://bitcointalk.org/index.php?topic=162547.0

JordanL
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April 01, 2013, 03:14:17 AM
 #17

Thanks for the update Synops! I was starting to lose faith.
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April 01, 2013, 05:12:12 PM
 #18

Thanks for the update Synops! I was starting to lose faith.

Ill be here, forever until everything gets fixed


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April 03, 2013, 12:38:11 PM
 #19

Disappointing to see no payments from you, Synops.
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April 03, 2013, 02:04:13 PM
 #20

Disappointing to see no payments from you, Synops.

It is cause he didn't assume any risk on the loan, I think he should get a scammer tag, he is trying to get out of it cause he is blaming a web site for his defaulting LMAO. Some people never think any risk will happen then it happens his pants are down and now he is saying no the website did this LMAO Some people are so dumb when it comes to loans NEVER INVEST WITH A SCAMMER, he was shady from day one and look now.

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