.

[senbonzakura]

.

[1715396671]

1715396671

[1715396671]

1715396671

[mute20]

Good move you needed to protect yourself. Like credit there needs to be restrictions or people will take advantage.

[pirateat40]

BTW I love what you are doing for the community and enjoy watching your ability to manage it all.
Quick question how does IBB make money if you offer interest free loans?

I'm sure its been asked and said before, sorry.

[Maged]

BTW I love what you are doing for the community and enjoy watching your ability to manage it all.
Quick question how does IBB make money if you offer interest free loans?

I'm sure its been asked and said before, sorry.

Tips. I'm actually suprised how well that's working out. Of course, it isn't offsetting the fraud, unfortunately.

Given that you are the main provider of loans here, and that I'm the main mod who patrols this forum, I think I can sticky this. If additional loan providers appear, I will have to unsticky this post to be fair. PM me (anybody) when you believe that has become the case.

[pirateat40]

+1

[pirateat40]

we try to make money from 3 ways

1.investing in companies listed on glbse or new companies to be listed on glbse.com and get shares of profit

2. provide loans and get gratuity

3. ads on website

so we cannot rely on regular revenue/income from loans gratuity. we hope our main income would be from our joint venture service and ads on website.

Thanks for explaining it.  Keep up the great service.

[teflone]

BTW I love what you are doing for the community and enjoy watching your ability to manage it all.
Quick question how does IBB make money if you offer interest free loans?

I'm sure its been asked and said before, sorry.

Tips. I'm actually suprised how well that's working out. Of course, it isn't offsetting the fraud, unfortunately.

Given that you are the main provider of loans here, and that I'm the main mod who patrols this forum, I think I can sticky this. If additional loan providers appear, I will have to unsticky this post to be fair. PM me (anybody) when you believe that has become the case.

thank you Maged

[Cory]

While I do commend you, IBB, for the wonderful service that you provide to so many members of this community, I must express my dissatisfaction with one qualification. I think it is unfair to base your lending decision on age. Not only is the client's age nearly impossible to verify, but it is irrelevant. I request that you rescind all qualifications regarding age. The ageist policy contributes to the bigotry against those under 18. Your other qualifications are all sensible, and can be related to the likelihood that the client will repay their debts. However, your current rules are prejudiced and based on stereotypes that need to be abolished from society. It is unfortunate that your organization is assisting in the spread of these wrong, discriminatory views. Please revise your conditions.

[indio007]

There needs to be some cut of line for age. Would you lend money to a 3 yr. old?
It needs to be somewhere.

[Cory]

There needs to be some cut of line for age. You you lend money to a 3 yr. old?
It needs to be somewhere.

I absolutely would if that 3-year-old had more than 200 non-spam posts on this forum, provided verifiable identification, and had performed successful trades with other trustworthy members of the community. Why draw the line at an arbitrary quality like age?

[Cory]

Sadly there has been some correlation to age vs. number of defaulted loans.

I think with age comes maturity, there will always be some ahead and behind the curve.

We are all witnessing the ebb and flow of this thread and I think over time certain respectable younger people will become more obvious in the community. Therefore deeming a second look on a case by case basis, if those individuals request.  I cannont speak for Senbonzakura. but I would encourage this thought process with him.

I'm glad to hear that you may be willing to make exceptions. Unfortunately, that does not change the fact that it is unfair to restrict all persons in a immutable group based on the actions of others in that group. There should be no extra hoops to jump through. A person cannot choose their age; it is not a good measure of their reliability.

[indio007]

Does IBB have a web address?

[indio007]

Not to kill you with questions but what are Islamic compatible methods of debt collection ? Can you assign/sell debts for collection?

This might help mitigate losses.

1. Sell the debt to someone local to the defaulting party (at a discount of course)
2. Assignnee sues in small claims for specific performance in name of original party.

This is called an assignment of a chose in action and might be a remedy for against scammers.

[Cory]

I already gave loans to young people under 16. One couldnt pay back a loan because his friend hacked his computer and took out the btc and later argued and was reluctant to pay back. In the end his father had to help him out and buy btc from mtgox to pay back the loan.

I did say somewhere that honest trustworthy people with say only 50 posts or 100 posts will not be able to get loans(sadly) due to(scammers) these conditions above. But previous customers are ok and dont have to follow these conditions.

Trust me i want to give loans to a 16 year old or even a 13 year old. The problem is sometimes they may not have the means to pay back, on this forum there are many scammers who are 12 and 13 -16 years old.

If you are a young person and still want a loan (for emergencies or something), you can pm me all your info telephone/name/address/id's and I could probably loan 1 or 2 btc.

Over 18 is to scare away the scammers , that said i am willing to lower it to 16, i shall do now.

I appreciate your response, and I'm overjoyed that you decided to lower the age limit. Now fewer people are going to be discriminated against. It is unfortunate that you have experienced a greater default rate among those under 18. However, I am unconvinced that age can be used to effectively determine how likely a client is to default when compared to something like number of posts or successful trades with other members. It is unnecessary to restrict loans to those over a certain age, especially when there are plenty of more effective methods available and you are putting in the time to gauge the morality of the individual anyway.

It may be unfair, yes. But many many business's in this genre have these similar rules in effect.

I find it unfair that I pay more in car insurance being a male. This is based on the actions if others in my group.

The first thing that came to my mind when I read the conditions in the first post was car insurance, too! Yes, it is definitely unfair that males pay more in car insurance than females, just like it is unfair that younger drivers pay more than older drivers. I'm glad that you can see the injustice. Why propagate the wrongdoing in your business?

[teflone]

I already gave loans to young people under 16. One couldnt pay back a loan because his friend hacked his computer and took out the btc and later argued and was reluctant to pay back. In the end his father had to help him out and buy btc from mtgox to pay back the loan.

I did say somewhere that honest trustworthy people with say only 50 posts or 100 posts will not be able to get loans(sadly) due to(scammers) these conditions above. But previous customers are ok and dont have to follow these conditions.

Trust me i want to give loans to a 16 year old or even a 13 year old. The problem is sometimes they may not have the means to pay back, on this forum there are many scammers who are 12 and 13 -16 years old.

If you are a young person and still want a loan (for emergencies or something), you can pm me all your info telephone/name/address/id's and I could probably loan 1 or 2 btc.

Over 18 is to scare away the scammers , that said i am willing to lower it to 16, i shall do now.

I appreciate your response, and I'm overjoyed that you decided to lower the age limit. Now fewer people are going to be discriminated against. It is unfortunate that you have experienced a greater default rate among those under 18. However, I am unconvinced that age can be used to effectively determine how likely a client is to default when compared to something like number of posts or successful trades with other members. It is unnecessary to restrict loans to those over a certain age, especially when there are plenty of more effective methods available and you are putting in the time to gauge the morality of the individual anyway.

It may be unfair, yes. But many many business's in this genre have these similar rules in effect.

I find it unfair that I pay more in car insurance being a male. This is based on the actions if others in my group.

The first thing that came to my mind when I read the conditions in the first post was car insurance, too! Yes, it is definitely unfair that males pay more in car insurance than females, just like it is unfair that younger drivers pay more than older drivers. I'm glad that you can see the injustice. Why propagate the wrongdoing in your business?

Its just numbers.. it might not seem fair for companies to do that, but if they didnt, Im sure these companies would have even more ridiculous costs associated with them..

I think Senbonzakura is a pretty understanding person, and will remain flexible.

But the majority of the rules are for newcomers..

And like many things, Trust is earned, there must be some basic requirements for Senbonzakura to protect the FREE service offered here..

[Cory]

I already gave loans to young people under 16. One couldnt pay back a loan because his friend hacked his computer and took out the btc and later argued and was reluctant to pay back. In the end his father had to help him out and buy btc from mtgox to pay back the loan.

I did say somewhere that honest trustworthy people with say only 50 posts or 100 posts will not be able to get loans(sadly) due to(scammers) these conditions above. But previous customers are ok and dont have to follow these conditions.

Trust me i want to give loans to a 16 year old or even a 13 year old. The problem is sometimes they may not have the means to pay back, on this forum there are many scammers who are 12 and 13 -16 years old.

If you are a young person and still want a loan (for emergencies or something), you can pm me all your info telephone/name/address/id's and I could probably loan 1 or 2 btc.

Over 18 is to scare away the scammers , that said i am willing to lower it to 16, i shall do now.

I appreciate your response, and I'm overjoyed that you decided to lower the age limit. Now fewer people are going to be discriminated against. It is unfortunate that you have experienced a greater default rate among those under 18. However, I am unconvinced that age can be used to effectively determine how likely a client is to default when compared to something like number of posts or successful trades with other members. It is unnecessary to restrict loans to those over a certain age, especially when there are plenty of more effective methods available and you are putting in the time to gauge the morality of the individual anyway.

It may be unfair, yes. But many many business's in this genre have these similar rules in effect.

I find it unfair that I pay more in car insurance being a male. This is based on the actions if others in my group.

The first thing that came to my mind when I read the conditions in the first post was car insurance, too! Yes, it is definitely unfair that males pay more in car insurance than females, just like it is unfair that younger drivers pay more than older drivers. I'm glad that you can see the injustice. Why propagate the wrongdoing in your business?

Its just numbers.. it might not seem fair for companies to do that, but if they didnt, Im sure these companies would have even more ridiculous costs associated with them..

I think Senbonzakura is a pretty understanding person, and will remain flexible.

But the majority of the rules are for newcomers..

And like many things, Trust is earned, there must be some basic requirements for Senbonzakura to protect the FREE service offered here..

Right. I agree with what you said.
As I mentioned, there will always be a more direct route to take than age. Worried about newbies? Require that the borrower has been a member here for a while. Concerned about trust? Make sure that the borrower has made several successful trades with other respected members of the community.

[teflone]

I already gave loans to young people under 16. One couldnt pay back a loan because his friend hacked his computer and took out the btc and later argued and was reluctant to pay back. In the end his father had to help him out and buy btc from mtgox to pay back the loan.

I did say somewhere that honest trustworthy people with say only 50 posts or 100 posts will not be able to get loans(sadly) due to(scammers) these conditions above. But previous customers are ok and dont have to follow these conditions.

Trust me i want to give loans to a 16 year old or even a 13 year old. The problem is sometimes they may not have the means to pay back, on this forum there are many scammers who are 12 and 13 -16 years old.

If you are a young person and still want a loan (for emergencies or something), you can pm me all your info telephone/name/address/id's and I could probably loan 1 or 2 btc.

Over 18 is to scare away the scammers , that said i am willing to lower it to 16, i shall do now.

I appreciate your response, and I'm overjoyed that you decided to lower the age limit. Now fewer people are going to be discriminated against. It is unfortunate that you have experienced a greater default rate among those under 18. However, I am unconvinced that age can be used to effectively determine how likely a client is to default when compared to something like number of posts or successful trades with other members. It is unnecessary to restrict loans to those over a certain age, especially when there are plenty of more effective methods available and you are putting in the time to gauge the morality of the individual anyway.

It may be unfair, yes. But many many business's in this genre have these similar rules in effect.

I find it unfair that I pay more in car insurance being a male. This is based on the actions if others in my group.

The first thing that came to my mind when I read the conditions in the first post was car insurance, too! Yes, it is definitely unfair that males pay more in car insurance than females, just like it is unfair that younger drivers pay more than older drivers. I'm glad that you can see the injustice. Why propagate the wrongdoing in your business?

Its just numbers.. it might not seem fair for companies to do that, but if they didnt, Im sure these companies would have even more ridiculous costs associated with them..

I think Senbonzakura is a pretty understanding person, and will remain flexible.

But the majority of the rules are for newcomers..

And like many things, Trust is earned, there must be some basic requirements for Senbonzakura to protect the FREE service offered here..

Right. I agree with what you said.
As I mentioned, there will always be a more direct route to take than age. Worried about newbies? Require that the borrower has been a member here for a while. Concerned about trust? Make sure that the borrower has made several successful trades with other respected members of the community.

Precisely!

Thats earning trust....  Baby steps..

[TiagoTiago]

Just curious, does Islam say anything about denying loans to people based on any of those criteria?

[Cory]

I'd love to see the age limit removed. 
The other conditions are sufficient.

[kpriess]

I think 16 is about right, at that age you should be mature enough to understand the resposability of asking for money from a stranger..

[Cory]

I think 16 is about right, at that age you should be mature enough to understand the resposability of asking for money from a stranger..

If you want to measure responsibility, age is definitely not the right way to go about it. As I've said is my earlier posts in this thread, better ways to gauge responsibility include post count and previous successful trades.

[SmokeAndMirrors]

Sadly there has been some correlation to age vs. number of defaulted loans.

I think with age comes maturity, there will always be some ahead and behind the curve.

We are all witnessing the ebb and flow of this thread and I think over time certain respectable younger people will become more obvious in the community. Therefore deeming a second look on a case by case basis, if those individuals request.  I cannont speak for Senbonzakura. but I would encourage this thought process with him.

I'm glad to hear that you may be willing to make exceptions. Unfortunately, that does not change the fact that it is unfair to restrict all persons in a immutable group based on the actions of others in that group. There should be no extra hoops to jump through. A person cannot choose their age; it is not a good measure of their reliability.

I would much rather loan an older, more mature person my hard earned dollars/bitcoins than loan them to a 16 year old who's most likely got no reason to even need a 5 btc or so loan. What does a 16 year old buy with $50, and even more important, can I be sure that they even have a job to pay me back? Age has everything to do with responsibility when you're talking about a general population, so I do agree to setting a limit to the age required. Though some 16 year-olds may be responsible enough to handle someone elses cash, most can't. Hell, most can't even handle their own.

[Maged]

The thing is, should somebody underage default on their loan and not lie about their age, you can't threaten them with legal action. I know you don't even bother with trying to pursue legal action (at least currently), but that's a strong reason to keep honest people honest. If a kid realizes at the last minute that he can't pay you back, even though he meant to, there's little you can do to encourage him to figure something else out.

[Cory]

Sadly there has been some correlation to age vs. number of defaulted loans.

I think with age comes maturity, there will always be some ahead and behind the curve.

We are all witnessing the ebb and flow of this thread and I think over time certain respectable younger people will become more obvious in the community. Therefore deeming a second look on a case by case basis, if those individuals request.  I cannont speak for Senbonzakura. but I would encourage this thought process with him.

I'm glad to hear that you may be willing to make exceptions. Unfortunately, that does not change the fact that it is unfair to restrict all persons in a immutable group based on the actions of others in that group. There should be no extra hoops to jump through. A person cannot choose their age; it is not a good measure of their reliability.

I would much rather loan an older, more mature person my hard earned dollars/bitcoins than loan them to a 16 year old who's most likely got no reason to even need a 5 btc or so loan. What does a 16 year old buy with $50, and even more important, can I be sure that they even have a job to pay me back? Age has everything to do with responsibility when you're talking about a general population, so I do agree to setting a limit to the age required. Though some 16 year-olds may be responsible enough to handle someone elses cash, most can't. Hell, most can't even handle their own.

I've noticed that nearly every post in this thread supporting the age limit cites reasons unrelated to age. If you think that it is important that the borrower has a reason to need some money, then ask for some details. If you think that it is important that the borrower has a job to pay you back, then ask for some paystubs. I don't see why age needs to even be a question.

The thing is, should somebody underage default on their loan and not lie about their age, you can't threaten them with legal action. I know you don't even bother with trying to pursue legal action (at least currently), but that's a strong reason to keep honest people honest. If a kid realizes at the last minute that he can't pay you back, even though he meant to, there's little you can do to encourage him to figure something else out.

That is extremely reasonable. If this were the case, then the blame could be passed on to the lawmakers. However, I know of no jurisdiction in which stealing only becomes illegal past a certain age. Do you know of any?

[Maged]

The thing is, should somebody underage default on their loan and not lie about their age, you can't threaten them with legal action. I know you don't even bother with trying to pursue legal action (at least currently), but that's a strong reason to keep honest people honest. If a kid realizes at the last minute that he can't pay you back, even though he meant to, there's little you can do to encourage him to figure something else out.

That is extremely reasonable. If this were the case, then the blame could be passed on to the lawmakers. However, I know of no jurisdiction in which stealing only becomes illegal past a certain age. Do you know of any?

They aren't stealing. They are merely breaching a contract that is unenforceable because the IBB entered into it knowing that the person was underage. At least in the US, contracts are only enforceable against someone underage if they lied about their age and the IBB made a reasonable attempt to verify it.

However, I am not a lawyer, so please take this with a grain of salt.

[indio007]

I don't think it would be enforceble even then. Maybe against their parents but that's it.

Problem really is these amounts are so small they need to be in small claims court.
I don't picture anyone spending $300 on a plane ticket to file a small claim of $50.

That's why I brought up selling debts. Then people can buy a claim that is local an sue in the name of the original party.
It's called assignment of a chose in action.

For instance, IBB makes a loan to someone in Boston for 10BTC.
Te person defaults.
I buy the claim at a discount and sue them in my local court.
IBB has limited it's loss and I make a profit collecting.

It will also lower the default rate when people know there wages will be garnished.
Right now scammers are relying on lack of legal recourse do to the non-local nature of the transactions.

The lack of recourse has nothing to do with the fact that the object bargained for is Bitcoin. It's access to the courts that is the problem.

[teflone]

I don't think it would be enforceble even then. Maybe against their parents but that's it.

Problem really is these amounts are so small they need to be in small claims court.
I don't picture anyone spending $300 on a plane ticket to file a small claim of $50.

That's why I brought up selling debts. Then people can buy a claim that is local an sue in the name of the original party.
It's called assignment of a chose in action.

For instance, IBB makes a loan to someone in Boston for 10BTC.
Te person defaults.
I buy the claim at a discount and sue them in my local court.
IBB has limited it's loss and I make a profit collecting.

It will also lower the default rate when people know there wages will be garnished.
Right now scammers are relying on lack of legal recourse do to the non-local nature of the transactions.

The lack of recourse has nothing to do with the fact that the object bargained for is Bitcoin. It's access to the courts that is the problem.

Ahhhhh.... I like your thinking..

[Cory]

If IBB sells their debts, then, in order to please investors, they should probably not lend to those who cannot be prosecuted. This includes members of countries which don't have somebody willing to buy IBB's debts or competent contract laws. They should also avoid those who can legally void a contract, such as minors.

[Cory]

I can't argue with that reason. As long as you encourage prosecution of everyone who don't pay back their loans, as an investor looking solely to make a profit, I would definitely prefer that you only lend to easily-prosecutable persons, which don't include minors.

[BitcoinStars.com]

Keep up the great service to the bitcoin community IBB 

[FlipPro]

It would be very hard to secure loans via the Internet. Especially the way you're doing it. No offense, I just hate seeing good Bitcoins go to scammers who don't give a damn about this community or Bitcoins in general. You are sort of facilitating bad behavior by literally giving away free money to strangers. Money that isn't even yours (you got most of it from GLBSE) therefore you see no true value in it, other than people saying it's worth "this". I like your idea for Interest free loans, but whats the point of your bank existing in the first place? How do YOU make money? All of it sounds super fishy, and I really don't like where this is going, even if you really are the one loosing money. I say please change your practices and make it look like you're at-least trying to turn this into a legitimate business, otherwise it looks like a poorly planned HYIP...

[Explodicle]

It would be very hard to secure loans via the Internet. Especially the way you're doing it. No offense, I just hate seeing good Bitcoins go to scammers who don't give a damn about this community or Bitcoins in general. You are sort of facilitating bad behavior by literally giving away free money to strangers. Money that isn't even yours (you got most of it from GLBSE) therefore you see no true value in it, other than people saying it's worth "this". I like your idea for Interest free loans, but whats the point of your bank existing in the first place? How do YOU make money? All of it sounds super fishy, and I really don't like where this is going, even if you really are the one loosing money. I say please change your practices and make it look like you're at-least trying to turn this into a legitimate business, otherwise it looks like a poorly planned HYIP...

He explains how he makes money here: https://bitcointalk.org/index.php?topic=38544.msg472938#msg472938

He also doesn't give money to COMPLETE strangers, you need 200 posts, yada yada. Being able to do business pseudonymously is one of the primary reasons to use Bitcoin in general.

[mute20]

yes, if you follow the IBB thread in project development section you would see how we make money.

IBB is a bitcoin business, doing business 'pseudonymously' as explodicle said.

we are not registered anywhere.

"All of it sounds super fishy, and I really don't like where this is going"

it doesnt sound fishy to my investors, if it was fishy then they would have sold all their shares while share prices are up.

like i said, even if we have full details  name/address etc.. that is no guarantee they will pay back the loan.

out of around 25 loans IBB provided, only around 3 have not repaid, so most have repaid.

Everything you see in IBB, logos, banners, joint venture bitcoin businesses listed on glbse, all done through forum , to help bitcoin business in forum.

So even if we dont make that much money, we are helping people.

{approx 4 btc will be paid in dividends soon}

Do you have a lot of investors? Also what do you want ibb to be in the future?

[TiagoTiago]

I've just realized somthing; wouldn't selling debt allow scammers to get loans and then buy their own debt and keep the difference?

[indio007]

I've just realized somthing; wouldn't selling debt allow scammers to get loans and then buy their own debt and keep the difference?

Yup. You could always bar re-acquisition either in the original contract or when the debt is resold. If the person conspired with a 3rd party, the 3rd party would be pretty dumb not enforcing the full debt.

[nhodges]

While I do commend you, IBB, for the wonderful service that you provide to so many members of this community, I must express my dissatisfaction with one qualification. I think it is unfair to base your lending decision on age. Not only is the client's age nearly impossible to verify, but it is irrelevant. I request that you rescind all qualifications regarding age. The ageist policy contributes to the bigotry against those under 18. Your other qualifications are all sensible, and can be related to the likelihood that the client will repay their debts. However, your current rules are prejudiced and based on stereotypes that need to be abolished from society. It is unfortunate that your organization is assisting in the spread of these wrong, discriminatory views. Please revise your conditions.

It's illegal in the United States for a minor to enter into a contractual obligation without the consent of a guardian. If he is operating a business, he needs to operate it kosher. Which is why he has "ageist" policies.

[Fiyasko]

Can we get this as a sticky? so its easy to find ?

Pretty please ?

As general "stickies" go, This isnt really, Sticky worthy, But then again, In another light, This is the most populated thread in this deticated "lending" board.
So, Yes, I would as to sticky it too, But i think thats already been done, Either that or people are Constantly last posting in here lol

[zer0]

where's the IBB joint venture page/board? or not a site yet

[Maged]

Can we get this as a sticky? so its easy to find ?

Pretty please ?

As general "stickies" go, This isnt really, Sticky worthy, But then again, In another light, This is the most populated thread in this deticated "lending" board.
So, Yes, I would as to sticky it too, But i think thats already been done, Either that or people are Constantly last posting in here lol

As I said earlier, as long as the IBB is pretty much the only game in town, this will remain stickied. When that changes, this will either be unstickied or the other group's post will be stickied. I haven't quite decided which way to do it yet.

[teflone]

and the winner is #14
Congratulations to pekv2 , you win the Islamic Bitcoin Treasure Chest !

[TradersEdgeDice]

One of the Islamic Bank of Bitcoin's assets is a soon to be porn site.

That doesn't inspire legitimacy.  Have you talked to cheaperinbitcoins about this problem?  If they turned upside down, you probably should have bought the domain.

[Kluge]

what do you mean TraderEdgeDice ? cheaperinbitcoins.com is offline now. will relaunch soon (somewhere in march)

It was previously redirecting to sarahsparkles.net or something like that. Suggestive image of a woman saying the website's "cumming soon." :s

Here's what I have from my history log for the link (no cache): <a href="http://www.cheaperinbitcoins.com/" style="background-image: url(chrome://favicon/http://www.cheaperinbitcoins.com/); " id="id-124">SarahSparkles.net - Cumming Soon!</a>

ETA: SarahSparkles.net & cheaperinbitcoins.com use the same ISP, same registrar, both have an alleged owner who uses Hotmail, but they have different contact info. Hm.

[TradersEdgeDice]

Are you going to issue a fatwah against Miss Sparkles?  :-)

[BurtW]

senbonzakura, you need to get this fixed as soon as you can.  It looks really bad to have http://www.cheaperinbitcoins.com/ redirect to porn.

[Tril]

FYI, the Sarah Sparkles thread is here ("Private Cams")- https://bitcointalk.org/index.php?topic=41217.0
Analysis by a system administrator (I have no involvement in this situation, just explaining one way this could happen): In the Apache webserver, using name-based virtual hosts, if SS and CIB used the same IP address and the CIB configuration was removed (or possibly skipped due to a missing directory), and no default site was configured, the SS site would show up if it was the first site.  I don't expect this was a result of foul play, as it's very common to share an IP address between websites.

[slider1978]

FYI, the Sarah Sparkles thread is here ("Private Cams")- https://bitcointalk.org/index.php?topic=41217.0
Analysis by a system administrator (I have no involvement in this situation, just explaining one way this could happen): In the Apache webserver, using name-based virtual hosts, if SS and CIB used the same IP address and the CIB configuration was removed (or possibly skipped due to a missing directory), and no default site was configured, the SS site would show up if it was the first site.  I don't expect this was a result of foul play, as it's very common to share an IP address between websites.

As an IT admin who hosts sites I'll also say this is common and happens on IIS based hosting as well.

[Xenland]

Yes i got a new server that has a few websites being hosted on it and it took sometime for dns servers to redirect correctly. Sorry for any confusion this has caused CIB will be back online in march(maybe sooner).

[Liam W]

Don't mean to seem like an absolute noob, but wtf is the IBB?

[John (John K.)]

Just a headsup - www.cheaperinbitcoins.com still points to that porn site featuring that old old hag  

Edit:it's fixed

[John (John K.)]

xenland not answering pm's

*facepalm* It's over 20 days ...(according to the posts above)

[John (John K.)]

This is because that person went to cheaperinbitcoins.com not www.cheaperinbitcoins.com . Try for yourself and see.

[Xenland]

Darn I guess my updates didn't work on everything... I'll get this issue fixed. Still in the process of clearing my server for strictly CIB use this should be worked on on the day of the release (Sometime in march)

[Explodicle]

A consumer loan may as well be an addictive drug preying on the weak.  And unfortunately your good intentions amounts to giving people addictive drugs for free.

So does prescribing free morphine, but that's not immoral either.

I hate to be the one to feed you, but it's clear that no matter what monetary system, sometimes borrowing is a good idea. Even personal (consumer) loans can be. Leave it up to the consumer to weigh their options, or at least provide better advice than "conspiracy! don't borrow!"

[lakeluke]

The moral function of forbiding loans with interest is to destroy the business of consumer lending (since it would no longer be profitable) and thereby prevent the real 'sin' which is consumer borrowing.

A business loan at least serves some productive function, and the person taking out a business loan is actually better off for having taken out the loan (assuming a sound business).  Prohibiting interest doesn't interfere with this since equity (which Islam allows, Musharakah, etc..) is actually better for all involved anyway.

Not so with consumer borrowing where the borrowers' failure of character leads them to a worse and worse situation - western countries had no choice but to get rid of debtors prisons because this became such a problem, and the function of the bizarre western imposed monetary system (which is destroying many countries) was actually to reduce interest rates to facilitate the masses' addiction to debt.

A consumer loan may as well be an addictive drug preying on the weak.  And unfortunately your good intentions amounts to giving people addictive drugs for free.

Islam does not per-say want to discourage consumer lending; what it attempts to forbid, are loans with interest. Islamic principles aim to have the community freely distribute the wealth in it, via interest free loans, which gain God's pleasure in this world and the next. So members of the community are encouraged to loan others, basically to "feel good" and do good.

I disagree with your free drugs analogy. IBB is attempting to show people that there are other ways to lending practices, that sometimes leads to good profits (via gratuity) than imposing interest fees. Often these loans are for legitimate purchase of products, and not just for quick gratification.

[malavita]

IBB Loans:

20 BTC available

Interested, terms?

[malavita]

interest free ofcourse, maximum 25 days, provide your info (if not previous customer of ibb) , gratuity accepted upon repayment of loan.

thank you

Just sent a PM w/info.

Thx!!

[malavita]

loan request accepted, just send me your bitcoin address so i can send the BTC

thank you

Excellent - thanks!  Please send funds to 1PUUPgAc3kMJCCJCuGJKZFApT9jy8rwKPv and at your convenience please provide repayment address - I will confirm receipt as soon as they hit my account.   Loan of 20 coins to repaid in full on or before 05/01/2012.

Cheers!

[EskimoBob]

أهلا
Do you take deposits? Are you planning to add LTC to your list of coins?


BTW, there is a problem with your site.




And here is one, if I hover over the left side.




Yes, my browser is working fine.

[marked]

أهلا

Yes, my browser is working fine.

it does help if you say which browser and OS...

marked

[EskimoBob]

Firefox 10.0.3, KDE 4.8.2. Gentoo Linux and this must be only site that is so fracked up. at least I have not noticed problems like this in anywhere else. Hopefully this help.
 

[John (John K.)]

i got firefox 11.0 , so far your the only person that has this problem

I'm using Chrome here. There seems to be something wrong with your site(missing pics etc) too.

[highlevelminer]

Awesome!

I am still a relatively new member of this forum but to help build my creditability with your organization I will be doing a free promotional vlog providing positive feedback on your organization on my youtube channel.

I look forward to working with you in helping promote the active trade and commerce that the wonderful currency known as the bitcoin provides.

[malavita]

Awesome!

I am still a relatively new member of this forum but to help build my creditability with your organization I will be doing a free promotional vlog providing positive feedback on your organization on my youtube channel.

I look forward to working with you in helping promote the active trade and commerce that the wonderful currency known as the bitcoin provides.

+1

[highlevelminer]

Okay perfect.

Your promotional video is up. I discussed your lending operation as well as the future development of the bitcoin sector a form of online currency.

Here is the link: http://www.youtube.com/watch?v=1a3V8e7dBjs&feature=youtu.be

Enjoy!

[highlevelminer]

Not a problem!

Glad you enjoyed it

[Kluge]

BDK donation pledge to IBB is changing. Previously, 3% of "non-forked" loan interest was pledged to be paid on the first of each month for last month. It didn't include gains from equity dividends, sales, currency trades, etc. Now, BDK will donate 1% of ALL profits (minus shareholder dividends & personal expenditure) on the first of each month for the last month's operations.

Under the old pledge, IBB would receive ~7.32BTC on May 1st. Instead, under the new pledge, IBB will receive slightly over 6.37BTC (still have equity dividends before the end of the month to account for). Those numbers include the 5BTC I pledged a week ago or something after the queer forum lynch mob formed to smear Islam. Under the new pledge arrangement, donation amount is a more dynamic number which reflects the ~85BTC in debt write-offs I had this month.

Always excited to see what IBB will do with it. Cheers!

[malavita]

loan request accepted, just send me your bitcoin address so i can send the BTC

thank you

Excellent - thanks!  Please send funds to 1PUUPgAc3kMJCCJCuGJKZFApT9jy8rwKPv and at your convenience please provide repayment address - I will confirm receipt as soon as they hit my account.   Loan of 20 coins to repaid in full on or before 05/01/2012.

Cheers!

Hi Senbozakura,


20 BTC loan repaid - PM sent with details - please confirm receipt of funds at your convenience.

Best!

[VEscudero]

18 BTC available for loans

Hello senbonzakura,

I've seen that you are running out of bitcoins for your lending operations. I love what you are doing for the bitcoin community so I would like to contribute with this cause lending you some spare coins at 0% interest rate for a few days.

I think it is a done deal, what do you think?

[ShadowAlexey]

I doubt that this will help, because it is almost not profitable, and there is a lot of scammers, so there is high chance that he would not be able to get it back.

[Xenland]

I doubt that this will help, because it is almost not profitable, and there is a lot of scammers, so there is high chance that he would not be able to get it back.

Idk sen has quite the track record.

[redbeans2012]

Whats up with your Listing on Glbse?

Seems like dividends have fizzled?  Maybe you can start a thread in the "Securities" section to keep stockholders updated.

[David_Benz]

I am interested in a loan.

[LoupGaroux]

Interested in a 15 btc loan for 35 days, if funded today or tomorrow, repayment in full (with suitable gratuity) would be by July 26, 2012.

I believe that I fit most all of the criteria for a suitable credit-risk, and I pledge to repay in full, as promised.

If accepted, please make the loan to:  1Aowq8dpoT9V8j7QMsEqNSYTXAzX3Xjkya

Thanks, looking forward to doing business with you.

[BurtW]

Interested in a 15 btc loan for 35 days, if funded today or tomorrow, repayment in full (with suitable gratuity) would be by July 26, 2012.

I believe that I fit most all of the criteria for a suitable credit-risk, and I pledge to repay in full, as promised.

If accepted, please make the loan to:  1Aowq8dpoT9V8j7QMsEqNSYTXAzX3Xjkya

Thanks, looking forward to doing business with you.

If senbonzakura does not have the funds to cover the loan I will make up the difference between what he can cover and what you need.  Interest free.

[LoupGaroux]

Thanks Burt... I have already have two stalwarts step up to cover this while Sen is extended. I appreciate your gracious offer, but will take a pass for right now.

[redbeans2012]

Hello, looking for a 1 Btc loan to be paid back within a day or less.  I need to prove to nefario that i own an account on the GLBSE by sending him a couple bitcents, but I have all my bitcoins on the glbse.

Will be paid back as soon as I get this squared away which shouldn't be more than a day, depending on how fast nefario gets back to me

[redbeans2012]

hello,

I can provide 1 BTC, please post your address

thank you

1V1rgdDr2ZsUdVRSorsP5sRrBA7ABGgdo

Thanks man will give you 1.2 btc in a day or 2

[redbeans2012]

i dont accept interest, but i do accept gratuity/donation.

btc sent, repay to this address 1JvWomgzuaATEkbA3QpyPgQZnnYeRiG1uR

thank you

Thanks, waiting for my blockchain to catch up. 

I know you don't accept interest, this is pure gratuity.

[redbeans2012]

i dont accept interest, but i do accept gratuity/donation.

btc sent, repay to this address 1JvWomgzuaATEkbA3QpyPgQZnnYeRiG1uR

thank you

Returned 1.2 btcs.. please confirm..

[SkRRJyTC]

Im interested in taking out a loan, PM me

[gamebak]

I don't have yet 2 months and the requierd posts, but i can give you my id, and to make a deposit in money where do you wish as a guarantee.
I am currently selling BTC somewhere, i can give you via pm the offer exactly to see, i don't want others to steal my business

[lanternblue]

Was just wondering whether I could get a 500-1000 BTC loan for 1-2 years.

Interest on top is fine with me.

[AndrewBUD]

LOL,,,, ^ goodluck

[ssateneth]

Never mind, got a loan from a buddy

[Fiyasko]

Was just wondering whether I could get a 500-1000 BTC loan for 1-2 years.

Interest on top is fine with me.

Please go troll somewhere other than the bitcoin forums...
Some people are here to do business

[Bicknellski]

You must meet the following conditions:-

1. More than 300 posts

2. Been registered for more than 3 months

3. Provide your email , IP address & any other id requested

4. over 18

5. Active in forum

6. At least 2 or 3 feedback/trades on forum

*These conditions don't apply to previous trustworthy customers.
*Forum time / UTC followed

IBB

Testing my post count.

Doh 50! Only drat.

[legendster]

Hi

I want a loan to fund my Bitcoin mining rig.

I am not a 3 months old account holder here,
I do not have any otc or any transaction in the past for that matter.

I can provide any kind of document you may want from me.
Ready to physically meet someone/anyone (your representatives) in my home where I live with my mother - for verification  purposes.

I am active in forum

I am 21

facebook.com/1.legend.king


Any possibilities ?