💵💶💴💷 ▨ L O N E ◎ S H A R K ◎ L O A N ▧ [Reopened/Updating!] 💷💴💶💵

Lone Shark (OP)

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Activity: 588
Merit: 250

💵💶💴💷 ▨ L O N E ◎ S H A R K ◎ L O A N ▧ [Reopened/Updating!] 💷💴💶💵

March 10, 2017, 02:39:37 PM
Last edit: July 10, 2018, 04:48:43 PM by Lone Shark

#1

STAKED ADDRESS: 1SHArkGXkgvz4id6ih7bSuDqTM4gFHV6i

Email: btcloneshark@gmail.com
Telegram: @iloneshark

Useful Links:

General	BCT Account related	Loan Related
Lone Shark's Reputation Page	Ranks/positions/badges	Why collateral is required
Signing a messge	www.bctalkaccountpricer.info	TheLedger
BTC Price Calculator	Staked Bitcoin Addresses	My Ledger
-	Security Logs	Escrow Services

TL;DR
Interest: See matrix (minimum 0.002BTC) Collateral: Strictly required. Escrow: Yes, borrower shoulders fee. (Only trusted members and upon my approval) Loanable amount: Depends on your collateral and my approval. Signed message: Required. >3 months old. Miner's Fee:: 0.0001BTC shall be deducted to the loan amount. Application form: Here Warning: Applicants not using correct form and/or following instructions will be denied.

Terms and Agreement

I. Interest Rates

This service shall charge a dynamic interest rate which is compounded daily. However, the basic/minimum charge shall be seven (7) days worth of interest or 0.002BTC whichever is higher. All interest fees shall be rounded to the nearest 0.0001.

DAILY INTEREST RATES

Length\Amount	001-099mBTC	100-499mBTC	500-999mBTC	1000+mBTC
<10 Days	0.93%	0.87%	0.80%	0.73%
<20 Days	0.82%	0.76%	0.69%	0.62%
<30 Days	0.71%	0.64%	0.58%	0.51%
>30 Days	0.60%	0.53%	0.47%	0.40%

EFFECTIVE MONTHLY INTEREST RATE

Note: This is just for illustration purposes to show how much is your monthly rate if the loan is for a month.

Length\Amount	001-099mBTC	100-499mBTC	500-999mBTC	1000+mBTC
<10 Days	28.00%	26.00%	24.00%	22.00%
<20 Days	24.67%	22.67%	20.67%	18.67%
<30 Days	21.34%	19.34%	17.34%	15.34%
>30 Days	18.00%	16.00%	14.00%	12.00%

II. Terms and Conditions

1. No Collateral, No loan.
2. Non-repayment on promised date shall be deemed late. Late fee is computed as 2% of Repayment Amount or 0.0001BTC, whichever is higher, per day of being late. (Compounding still applies)
3. Extensions are upon approval, and I reserve the right to deny any extension and put necessary interest fees.
4. Five (5) Days late would result to the collateral being forfeited for the Lender.
5. At no time shall a Borrower have more than one loan with me or any other lender. Additional loans are upon my approval.
6. Escrow is accepted, the Borrower pays for the fees.
7. The Lender will not be liable for any loss incurred by any party through this agreement. How you will use the amount loaned shall be your own liability.
8. I do not care about the reason for the loan or your sob story. Pay me what you owe me when the time comes. Do not tell me you lost everything on gambling or you did not get the returns you were expecting.
9. In case of coin split, you will owe me all kinds of coins.
10. In case the borrower wants to change the bitcoin receiving address, change of collateral return address, or anything I deem necessary, the borrower is required to sign a message.

III. Valid Collateral

1. Alt-coins
2. Reputation
3. Domain Name
4. Physical Goods

Please see this link for further details on each collateral type.

IV. End of Contract

In the event the Borrower pays the the debt, the collateral shall be returned.

In the event, the Borrower does not repay on the due date, and no extension has been given, he shall be given three days to comply. If he does not, the Lender will open a scam report, broadcast non-payment, and publish a negative trust regarding the matter. Further, the collateral shall be forfeited for the Lender. If the collateral can be sold at a higher price than the loan amount, the excess shall be for the benefit of the Lender, and no amount of said excess shall be returned to Borrower.

V. Application form

By submitting this form to this thread, you agree to the terms and conditions above stated. Please include a https://www.bctalkaccountpricer.info/ link of your account, regardless if you're using your account as collateral or not.

Code:

Loan Amount:
Bitcoin Address:
Number of days:
Collateral offered:

Changelog:

Code:

Mar. 15, 2017: Created new thread, self-moderated, simplified thread design, some other fixes.
Mar. 17, 2017: Relaunched and opened lending service.
Aug. 11, 2017: Revamp start

Lone Shark (OP)

Sr. Member

Offline

Activity: 588
Merit: 250

Re: New Loan thread. UNDER CONSTRUCTION

March 10, 2017, 02:43:01 PM
Last edit: October 14, 2017, 05:38:31 PM by Lone Shark

#2

📔Lone Shark Ledger

No.	Borrower	Loaned	Repayment	Collateral	Due Date	Ref	Status
1	Bingodog	0.018	0.02BTC	BCT Account	29 March 2017	Ref	Paid

Lone Shark (OP)

Sr. Member

Offline

Activity: 588
Merit: 250

Re: New Loan thread. UNDER CONSTRUCTION

March 10, 2017, 02:43:34 PM
Last edit: September 17, 2017, 05:34:15 PM by Lone Shark

#3

REASON FOR THIS SELF-MODERATED THREAD

This new lending thread has been created to prevent spammers from destroying the thread with nonsense like what Scam Investigator did on my previous thread. Blurting out baseless accusation just because I posted on a thread he made on his alt account BipolarBob2017, which he intended to use to trick people into believing he is the real BPB. He is actually obsessed with proving BPB as a scammer that he creates his own accounts just to destroy BPB's name. Now because of the incident, I am creating this self-moderated thread.

About the concerns of people about this self-moderated thread, rest assured that this will only be intended for the purpose of keeping spammers out of the thread.

Link to previous loan thread -> https://bitcointalk.org/index.php?topic=1651708.

Self-moderation log

Code:

None yet

OLD THREAD DESIGN | DISREGARD

News: Not anymore accepting bitcointalk accounts!
News: Closed till after August 1 and after revamp.

STAKED ADDRESS: 1SHArkGXkgvz4id6ih7bSuDqTM4gFHV6i

Email: btcloneshark@gmail.com
Telegram: @iloneshark

Useful Links:

General	BCT Account related	Loan Related
Lone Shark's Reputation Page	Ranks/positions/badges	Why collateral is required
Signing a messge	www.bctalkaccountpricer.info	TheLedger
BTC Price Calculator	Staked Bitcoin Addresses	My Ledger
-	Security Logs	Escrow Services

TL;DR
Interest: Dynamic. Please see chart (minimum 0.002BTC) Collateral: Strictly required. (Bct account, altcoins, digital goods) Escrow: Yes, borrower shoulders fee. (Only trusted members and upon my approval) Loanable amount: Depends on your collateral and my approval. Signed message: Required. >3 months old. Miner's Fee:: 0.0003BTC shall be deducted to the loan amount. Application form: Here Warning: Applicants not using correct form and/or following instructions will be denied.

Overview of the Service

I. Interest Rates

This service shall charge a 1% interest rate compounded per day. However, the basic/minimum charge shall be seven (7) days worth of interest or 0.002BTC whichever is higher. All interest fees shall be rounded to the nearest 0.0001.

II. Terms and Conditions

1. No Collateral, No loan.
2. Non-repayment on promised date shall be deemed late. Late fee is computed as 2% of Repayment Amount or 0.0001BTC, whichever is higher, per day of being late. (Compounding still applies)
3. Extensions are upon approval, and I reserve the right to deny any extension and put necessary interest fees.
4. Three (3) Days late would result to the collateral being forfeited for the Lender.
5. At no time shall a Borrower have more than one loan with me or any other lender.
6. Escrow is accepted, the Borrower pays for the fees.
7. The Lender will not be liable for any loss incurred by any party through this agreement. How you will use the amount loaned shall be your own liability.
8. I do not care about the reason for the loan or your sob story. Pay me what you owe me when the time comes. Do not tell me you lost everything on gambling or you did not get the returns you were expecting.

III. Valid Collateral

Collateral can be anything digital that I can secure. Generally, you should first think what can I offer as collateral other than your BCT account. If none, then offer your BCT account. I only accept accounts that are SR. MEMBER, HERO and LEGENDARY nowadays. I can accept Full Member and below if it has good trust rating.

V. End of Contract

In the event the Borrower pays the the debt, the collateral shall be returned.

In the event, the Borrower does not repay on the due date, and no extension has been given, he shall be given three days to comply. If he does not, the Lender will open a scam report, broadcast non-payment, and publish a negative trust regarding the matter. Further, the collateral shall be forfeited for the Lender. If the collateral can be sold at a higher price than the loan amount, the excess shall be for the benefit of the Lender, and no amount of said excess shall be returned to Borrower.

VI. Application form

By submitting this form to this thread, you agree to the terms and conditions above stated. Please include a https://www.bctalkaccountpricer.info/ link of your account, regardless if you're using your account as collateral or not.

Code:

Username:
Loan Amount:
Bitcoin Address:
Number of days:
Collateral offered:
bctalkaccountpricer.info link:

Changelog:

Code:

Mar. 15, 2017: Created new thread, self-moderated, simplified thread design, some other fixes.
Mar. 17, 2017: Relaunched and opened lending service.

Lone Shark (OP)

Sr. Member

Offline

Activity: 588
Merit: 250

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