CoinLenders Script :: Bitcoin Bank (Borrow+Deposit) Software :: Demo Available

[bradyon]

Can anybody tell us the meaning of this picture taken from coinlenders´ home page?

[qbitx]

Can anybody tell us the meaning of this picture taken from coinlenders´ home page?

https://i.imgur.com/MUlcQjJ.jpg

It means that he got his SSL cert at Positive SSL

[gene6098]

Mail sent, pls reply.

For people who are interested in how the 100% fiat settlement is calculated, here's a worked example:

Deposit 10 BTC on Sep 29th, considered $1430 deposited
Withdraw 1 BTC on Oct 2nd, considered $127 withdrawn
Deposit 1 BTC on Oct 16th, considered $154 deposited

Added together: 1430-127+154=$1457

The $1457 figure would be your re-denominated balance if you choose to accept, which is ~100% of the fiat value. Payment would be made in BTC using the latest MtGox ask.

Update

The situation is I'm facing extreme difficulties in getting most borrowers to honor their obligations - the BTC rally doesn't help. To name a few that have been impossible to reach (when talking about their debt):

https://bitcointalk.org/index.php?action=profile;u=70557
https://bitcointalk.org/index.php?action=profile;u=17548
https://bitcointalk.org/index.php?action=profile;u=70541
https://bitcointalk.org/index.php?action=profile;u=35121

(Borrowers can deposit to CL via BTC address).

Many security issuers like CreativeX have gone missing, but thankfully in the past days Deprived and arij came back, and Crypto-Trade divs have been successfully paid on their own exchange. ASICMINER isn't doing well which is the collateral for many (defaulted) loans.

The reason why there's no email update is that I'm primarily waiting for other people that are not responsive, which results in having to pass on the non-responsiveness. All of CL's liquid coins were stored on Inputs and what's remaining are debts and assets that took a significant wipe (we still have borrowers that are communicative, thank you!, but the BTC rally is definitely hurting them and us, especially modification proposals).

I cannot find any communication from TradeFortress
I have not borrowed anything from coinlenders
TradeFortress or coinlenders may have purchased graet.loan on bitfunder - but I do not have a list of holders.
as explained in the graet.loan thread I was able to redeem graet.loan when only 1 ort 2 people at at time asked. Since the changes at BitFunder I have been flooded with requests and am unable to fulfill them all.

People that did due diligence know the aim of graet.loan was to be mainly repaid by mid 2014 - I am making arrangements to be able to continue with that goal in mind after bitfunder closes

Is this not your email? graet@ozco.in

[shangata]

I REALLY whis this would be possible in any way.
I think the effort would be worth it and the site would have many users after a while.
Just thinking about that a "demo" site already had so many btc in it. A licensed run site would be able to manage a lot more and get a lot more users working with it.
Anyway TF is just not willing to give any detail on anything within CL so far. This is just sad. He could have done much better using a real id and holding his head up!

..instead..THIS mess is what we are all in now..in need to decide if we are leaving with about 10% of a partly big and still growing investment..

I've read the stories here and feel sorry for anyone who has lost money/BTC.

Anyway....Some quick background on us:

We, and not (TF or coinlender) are part of a company with an "Australian Credit Providers Licence" (allows us to provide credit/LOANS) and we would like to make the following commentary to those affected or otherwise by the coinlender saga.

We believe the coinlender business has/had merit, with albeit inept execution/security floors.

For this reason we wish to speak to you that have lost funds using this system, to get your reactions to our request/proposition, before any formal commitment from our end.

As an Australian company we feel that if we can offer our assistance then we will do so.

So here are the initial thought/requests to consider/debate/chat about.

1. We would like to request to negotiate with TF to purchase coinlender/TF database/website and all intellectual property/domains etc and take over management of the current loans.
2. The cost to us will be $0, in fact we want $50,000 or 100 BTC from TF, to buy it and manage it from TF.
3. The $50,000 will be used to a) setup a company owning the intellectual property and b) issue shares in the new company to be split among both our company and that of you that lost money/BTC, along with some funds towards manegemnt of the current/new loans.    
2. TF to work with us for up to say 12 months (at no cost) on an ad hoc basis as needed to benefit the site/business. This will include a shareholding to him at the conclusion of 12 months, if we (collectively) so choose to do so based on his 12 months help.
3. Anyone who has lost funds/BTC will be rewarded by holding shares in the company in some way by using the service again (unsure at this point what that will be, but some form of monetary reward for commitment back to the site. You have to commit, make BTC available to receive shares. (unsure how this will work at this point but just a comment for now)
4. We would keep similar functionality and business concept with some required changes.
5. We are to be provided a complete breakdown by TF as to who has lost what amount so that we can make sure those that have been  affected receive a shareholding.
6. Shareholders to receive dividends prorated each year.  


Could go on forever, but in essence, we will take the inherent risk associated with buying a website/IP with a tarnished name with the acceptance of terms to the above by TF (we are negotiable) but more importantly it must be acceptable to the majority of you.

This by no means stops any action by you against TF for lost BTC, however we are trying to help you move forward in the meantime with this proposal/idea/concept.

PS: We personally do not believe TF is/was a scammer, however that is a moot point at this stage, the important thing is to find a solution to move forward that can benefit all past users/ new users and Bitcoin.

Happy to take questions/ ideas/ comments by any of you or TF.





 

  



 

[ninjaboon]

TF, you promised the coinlenders´ problem was going to be handled soon.

Giving some people 10% of their funds is not the way to do that.

Inform us about you plans ASAP!

And by the way, I tried to purchase a CD and the value did not add to my account after it ended.

10% of the funds is ridiculous.
I've worked very hard to gain my 76 BTC coins and I'm not gonna let this person profit from it.

[ninjaboon]

Please provide your email, and cell number so that we can contact you.
I can help to mediate this situation too if needed.
I'm still waiting for my 76 BTC to be returned by TF and it would be a shame if CL was to close down due to hacks.

I've read the stories here and feel sorry for anyone who has lost money/BTC.

Anyway....Some quick background on us:

We, and not (TF or coinlender) are part of a company with an "Australian Credit Providers Licence" (allows us to provide credit/LOANS) and we would like to make the following commentary to those affected or otherwise by the coinlender saga.

We believe the coinlender business has/had merit, with albeit inept execution/security floors.

For this reason we wish to speak to you that have lost funds using this system, to get your reactions to our request/proposition, before any formal commitment from our end.

As an Australian company we feel that if we can offer our assistance then we will do so.

So here are the initial thought/requests to consider/debate/chat about.

1. We would like to request to negotiate with TF to purchase coinlender/TF database/website and all intellectual property/domains etc and take over management of the current loans.
2. The cost to us will be $0, in fact we want $50,000 or 100 BTC from TF, to buy it and manage it from TF.
3. The $50,000 will be used to a) setup a company owning the intellectual property and b) issue shares in the new company to be split among both our company and that of you that lost money/BTC, along with some funds towards manegemnt of the current/new loans.    
2. TF to work with us for up to say 12 months (at no cost) on an ad hoc basis as needed to benefit the site/business. This will include a shareholding to him at the conclusion of 12 months, if we (collectively) so choose to do so based on his 12 months help.
3. Anyone who has lost funds/BTC will be rewarded by holding shares in the company in some way by using the service again (unsure at this point what that will be, but some form of monetary reward for commitment back to the site. You have to commit, make BTC available to receive shares. (unsure how this will work at this point but just a comment for now)
4. We would keep similar functionality and business concept with some required changes.
5. We are to be provided a complete breakdown by TF as to who has lost what amount so that we can make sure those that have been  affected receive a shareholding.
6. Shareholders to receive dividends prorated each year.  


Could go on forever, but in essence, we will take the inherent risk associated with buying a website/IP with a tarnished name with the acceptance of terms to the above by TF (we are negotiable) but more importantly it must be acceptable to the majority of you.

This by no means stops any action by you against TF for lost BTC, however we are trying to help you move forward in the meantime with this proposal/idea/concept.

PS: We personally do not believe TF is/was a scammer, however that is a moot point at this stage, the important thing is to find a solution to move forward that can benefit all past users/ new users and Bitcoin.

Happy to take questions/ ideas/ comments by any of you or TF.





 

  



 

[btcplayer]

It seems interesting, It might be a solution to the current bad situation. I would support further explore the idea.

I've read the stories here and feel sorry for anyone who has lost money/BTC.

Anyway....Some quick background on us:

We, and not (TF or coinlender) are part of a company with an "Australian Credit Providers Licence" (allows us to provide credit/LOANS) and we would like to make the following commentary to those affected or otherwise by the coinlender saga.

We believe the coinlender business has/had merit, with albeit inept execution/security floors.

For this reason we wish to speak to you that have lost funds using this system, to get your reactions to our request/proposition, before any formal commitment from our end.

As an Australian company we feel that if we can offer our assistance then we will do so.

So here are the initial thought/requests to consider/debate/chat about.

1. We would like to request to negotiate with TF to purchase coinlender/TF database/website and all intellectual property/domains etc and take over management of the current loans.
2. The cost to us will be $0, in fact we want $50,000 or 100 BTC from TF, to buy it and manage it from TF.
3. The $50,000 will be used to a) setup a company owning the intellectual property and b) issue shares in the new company to be split among both our company and that of you that lost money/BTC, along with some funds towards manegemnt of the current/new loans.    
2. TF to work with us for up to say 12 months (at no cost) on an ad hoc basis as needed to benefit the site/business. This will include a shareholding to him at the conclusion of 12 months, if we (collectively) so choose to do so based on his 12 months help.
3. Anyone who has lost funds/BTC will be rewarded by holding shares in the company in some way by using the service again (unsure at this point what that will be, but some form of monetary reward for commitment back to the site. You have to commit, make BTC available to receive shares. (unsure how this will work at this point but just a comment for now)
4. We would keep similar functionality and business concept with some required changes.
5. We are to be provided a complete breakdown by TF as to who has lost what amount so that we can make sure those that have been  affected receive a shareholding.
6. Shareholders to receive dividends prorated each year.  


Could go on forever, but in essence, we will take the inherent risk associated with buying a website/IP with a tarnished name with the acceptance of terms to the above by TF (we are negotiable) but more importantly it must be acceptable to the majority of you.

This by no means stops any action by you against TF for lost BTC, however we are trying to help you move forward in the meantime with this proposal/idea/concept.

PS: We personally do not believe TF is/was a scammer, however that is a moot point at this stage, the important thing is to find a solution to move forward that can benefit all past users/ new users and Bitcoin.

Happy to take questions/ ideas/ comments by any of you or TF.





 

  



 

[JackMehoff]

Please provide your email, and cell number so that we can contact you.
I can help to mediate this situation too if needed.
I'm still waiting for my 76 BTC to be returned by TF and it would be a shame if CL was to close down due to hacks.


Hi ninjaboon

I have just provided a forum member with our credit licence details to be confirmed.

At this point Ill ask that that person, once comfortable that he says we are who we say we are, that he state this to the forum.

Please understand i can not just provide a cell phone number and email address over an open forum at this stage.

 

I've read the stories here and feel sorry for anyone who has lost money/BTC.

Anyway....Some quick background on us:

We, and not (TF or coinlender) are part of a company with an "Australian Credit Providers Licence" (allows us to provide credit/LOANS) and we would like to make the following commentary to those affected or otherwise by the coinlender saga.

We believe the coinlender business has/had merit, with albeit inept execution/security floors.

For this reason we wish to speak to you that have lost funds using this system, to get your reactions to our request/proposition, before any formal commitment from our end.

As an Australian company we feel that if we can offer our assistance then we will do so.

So here are the initial thought/requests to consider/debate/chat about.

1. We would like to request to negotiate with TF to purchase coinlender/TF database/website and all intellectual property/domains etc and take over management of the current loans.
2. The cost to us will be $0, in fact we want $50,000 or 100 BTC from TF, to buy it and manage it from TF.
3. The $50,000 will be used to a) setup a company owning the intellectual property and b) issue shares in the new company to be split among both our company and that of you that lost money/BTC, along with some funds towards manegemnt of the current/new loans.    
2. TF to work with us for up to say 12 months (at no cost) on an ad hoc basis as needed to benefit the site/business. This will include a shareholding to him at the conclusion of 12 months, if we (collectively) so choose to do so based on his 12 months help.
3. Anyone who has lost funds/BTC will be rewarded by holding shares in the company in some way by using the service again (unsure at this point what that will be, but some form of monetary reward for commitment back to the site. You have to commit, make BTC available to receive shares. (unsure how this will work at this point but just a comment for now)
4. We would keep similar functionality and business concept with some required changes.
5. We are to be provided a complete breakdown by TF as to who has lost what amount so that we can make sure those that have been  affected receive a shareholding.
6. Shareholders to receive dividends prorated each year.  


Could go on forever, but in essence, we will take the inherent risk associated with buying a website/IP with a tarnished name with the acceptance of terms to the above by TF (we are negotiable) but more importantly it must be acceptable to the majority of you.

This by no means stops any action by you against TF for lost BTC, however we are trying to help you move forward in the meantime with this proposal/idea/concept.

PS: We personally do not believe TF is/was a scammer, however that is a moot point at this stage, the important thing is to find a solution to move forward that can benefit all past users/ new users and Bitcoin.

Happy to take questions/ ideas/ comments by any of you or TF.





 

  



 

[ninjaboon]

You can also provide me the credit licence details.
I have friends in Australia to validate it.

Please provide your email, and cell number so that we can contact you.
I can help to mediate this situation too if needed.
I'm still waiting for my 76 BTC to be returned by TF and it would be a shame if CL was to close down due to hacks.


Hi ninjaboon

I have just provided a forum member with our credit licence details to be confirmed.

At this point Ill ask that that person, once comfortable that he says we are who we say we are, that he state this to the forum.

Please understand i can not just provide a cell phone number and email address over an open forum at this stage.

 

I've read the stories here and feel sorry for anyone who has lost money/BTC.

Anyway....Some quick background on us:

We, and not (TF or coinlender) are part of a company with an "Australian Credit Providers Licence" (allows us to provide credit/LOANS) and we would like to make the following commentary to those affected or otherwise by the coinlender saga.

We believe the coinlender business has/had merit, with albeit inept execution/security floors.

For this reason we wish to speak to you that have lost funds using this system, to get your reactions to our request/proposition, before any formal commitment from our end.

As an Australian company we feel that if we can offer our assistance then we will do so.

So here are the initial thought/requests to consider/debate/chat about.

1. We would like to request to negotiate with TF to purchase coinlender/TF database/website and all intellectual property/domains etc and take over management of the current loans.
2. The cost to us will be $0, in fact we want $50,000 or 100 BTC from TF, to buy it and manage it from TF.
3. The $50,000 will be used to a) setup a company owning the intellectual property and b) issue shares in the new company to be split among both our company and that of you that lost money/BTC, along with some funds towards manegemnt of the current/new loans.    
2. TF to work with us for up to say 12 months (at no cost) on an ad hoc basis as needed to benefit the site/business. This will include a shareholding to him at the conclusion of 12 months, if we (collectively) so choose to do so based on his 12 months help.
3. Anyone who has lost funds/BTC will be rewarded by holding shares in the company in some way by using the service again (unsure at this point what that will be, but some form of monetary reward for commitment back to the site. You have to commit, make BTC available to receive shares. (unsure how this will work at this point but just a comment for now)
4. We would keep similar functionality and business concept with some required changes.
5. We are to be provided a complete breakdown by TF as to who has lost what amount so that we can make sure those that have been  affected receive a shareholding.
6. Shareholders to receive dividends prorated each year.  


Could go on forever, but in essence, we will take the inherent risk associated with buying a website/IP with a tarnished name with the acceptance of terms to the above by TF (we are negotiable) but more importantly it must be acceptable to the majority of you.

This by no means stops any action by you against TF for lost BTC, however we are trying to help you move forward in the meantime with this proposal/idea/concept.

PS: We personally do not believe TF is/was a scammer, however that is a moot point at this stage, the important thing is to find a solution to move forward that can benefit all past users/ new users and Bitcoin.

Happy to take questions/ ideas/ comments by any of you or TF.





 

  



 

[C10H15N]

The last thing I am going to do is step from one long con into another.
I will no longer do business with anonymous individuals/companies or with any company in which tradefortress is in any way involved. 

[JackMehoff]

The last thing I am going to do is step from one long con into another.
I will no longer do business with anonymous individuals/companies or with any company in which tradefortress is in any way involved. 

Fair call, albeit implying we may be also be a con is a little uncalled for, however understand your resentment due to the past.

All credentials will be happily provided during any due diligence process. 

We are simply looking to provide an alternative way forward that will provide current or past users the opportunity of redemption in some small way. As we are a registered credit lender one would hope that would eventually, if not from the outset, give a little more credence to previous users of the service.

It may be we simply provide a similar service without TF input, there certainly is that option available to us.

However, having the skeleton already built one can understand it makes some sense to use that as the basis of the next operation.

TF...if you are reading, please feel free to PM me if you would like to discuss further, as without your direct input we are not going to get too far with our offering.

   

[C10H15N]

...implying we may be also be a con is a little uncalled for...

You must be new here.

Full verifiable dox on you and your "licensed company" right here, right now and I will apologize.  If you and your company pass the background check, I'll consider signing up. 

[ninjaboon]

Did TF reached out to you yet?
I think some of the Coinlender and Inputs members are putting a bounty on him.

The last thing I am going to do is step from one long con into another.
I will no longer do business with anonymous individuals/companies or with any company in which tradefortress is in any way involved. 

Fair call, albeit implying we may be also be a con is a little uncalled for, however understand your resentment due to the past.

All credentials will be happily provided during any due diligence process. 

We are simply looking to provide an alternative way forward that will provide current or past users the opportunity of redemption in some small way. As we are a registered credit lender one would hope that would eventually, if not from the outset, give a little more credence to previous users of the service.

It may be we simply provide a similar service without TF input, there certainly is that option available to us.

However, having the skeleton already built one can understand it makes some sense to use that as the basis of the next operation.

TF...if you are reading, please feel free to PM me if you would like to discuss further, as without your direct input we are not going to get too far with our offering.

   

[JackMehoff]

...implying we may be also be a con is a little uncalled for...

You must be new here.

Full verifiable dox on you and your "licensed company" right here, right now and I will apologize.  If you and your company pass the background check, I'll consider signing up. 

Please feel free to check us out:

 https://connectonline.asic.gov.au/RegistrySearch/faces/landing/ProfessionalRegisters.jspx?_adf.ctrl-state=10koh0cg2i_4

Put in the licence number 388144

choose "credit licensee" from the dropdown box.

Please let me know if this does not work for any reason.

I am one of the founding directors.

We are also a large Australian credit provider to clients who have had previous bad credit.

Our website can be found here 1800badcredit.com.au to which you will also see our recent awards received in 2011 and 2012.

Thanks.

[JackMehoff]

Did TF reached out to you yet?
I think some of the Coinlender and Inputs members are putting a bounty on him.

No not at all yet.

The last thing I am going to do is step from one long con into another.
I will no longer do business with anonymous individuals/companies or with any company in which tradefortress is in any way involved. 

Fair call, albeit implying we may be also be a con is a little uncalled for, however understand your resentment due to the past.

All credentials will be happily provided during any due diligence process. 

We are simply looking to provide an alternative way forward that will provide current or past users the opportunity of redemption in some small way. As we are a registered credit lender one would hope that would eventually, if not from the outset, give a little more credence to previous users of the service.

It may be we simply provide a similar service without TF input, there certainly is that option available to us.

However, having the skeleton already built one can understand it makes some sense to use that as the basis of the next operation.

TF...if you are reading, please feel free to PM me if you would like to discuss further, as without your direct input we are not going to get too far with our offering.

   

[xorglub]

JackMehoff, 1800badcredit.com.au is not working... The domain name is registered to you but there are no A records for it ? www.1800badcredit.com.au is ok.
That being said, I like your idea and hope you will be able to strike a deal with TradeFortress.

[C10H15N]

Appears to be a relatively new high risk loan provider out of Adelaide dba Ezy Capital.  The only name associated with the operation is Matthew Watts.

Definitely registered with the Australian securities and investment commission as a credit/mortgage provider.

Sketchy, but a lot more transparent than TF.

Not apologizing yet, but I am listening.

[ninjaboon]

...implying we may be also be a con is a little uncalled for...

You must be new here.

Full verifiable dox on you and your "licensed company" right here, right now and I will apologize.  If you and your company pass the background check, I'll consider signing up. 

Please feel free to check us out:

 https://connectonline.asic.gov.au/RegistrySearch/faces/landing/ProfessionalRegisters.jspx?_adf.ctrl-state=10koh0cg2i_4

Put in the licence number 388144

choose "credit licensee" from the dropdown box.

Please let me know if this does not work for any reason.

I am one of the founding directors.

We are also a large Australian credit provider to clients who have had previous bad credit.

Our website can be found here 1800badcredit.com.au to which you will also see our recent awards received in 2011 and 2012.

Thanks.

Credit Licensee - WATTS NATIONAL PTY LTD 388144
Name:   WATTS NATIONAL PTY LTD
Licence Number:   388144
Status:   Current
ACN:   118 207 506
Commenced:   15/12/2010
Addresses
Principal Business Address:   'Westpac House' Level 30, 91 King William Street, ADELAIDE SA 5000
Trading Name(s)
Name:   EZY CAPITAL
Commenced:   15/12/2010
Scheme:   Credit Ombudsman Service Ltd
Membership Number:   409426
Commenced:   10/09/2010

[ninjaboon]

can someone please remove CL from this page?
https://en.bitcoin.it/wiki/Trade#Fixed_rate

[JackMehoff]

Appears to be a relatively new high risk loan provider out of Adelaide dba Ezy Capital.  The only name associated with the operation is Matthew Watts.

Definitely registered with the Australian securities and investment commission as a credit/mortgage provider.

Sketchy, but a lot more transparent than TF.

Not apologizing yet, but I am listening.

We have been operating since 2006, so I wouldn't say "relatively new" .

Yes, we provide finance to those that do not meet the usual red tape of banks.

It is not what we would deem sketchy, but each to their own.

Until we can get any word from TF with any form of acceptance or otherwise to initial terms, we could just be wasting our time in any event.

We are just an option for you to consider gioven the current predicament.


Maybe some of you could try a similar approach to TF without us, that is fine too.


Yes the commencement date states 2010 as all Australian credit licences due to a new credit code framewrok, started  in 2010.

The company has been operating since 2006.




Credit Licensee - WATTS NATIONAL PTY LTD 388144
Name:   WATTS NATIONAL PTY LTD
Licence Number:   388144
Status:   Current
ACN:   118 207 506
Commenced:   15/12/2010
Addresses
Principal Business Address:   'Westpac House' Level 30, 91 King William Street, ADELAIDE SA 5000
Trading Name(s)
Name:   EZY CAPITAL
Commenced:   15/12/2010
Scheme:   Credit Ombudsman Service Ltd
Membership Number:   409426
Commenced:   10/09/2010