ATTN Newbies

Tomatocage (OP)

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⇾ ATTN Newbies

January 07, 2014, 05:49:19 AM

If you are a brand new user attempting to secure collateral for loans, I'm going to automatically flag you with negative trust. Sorry, but scammers are rampant around here.

Vod

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Re: ATTN Newbies

January 08, 2014, 12:59:14 AM

Quote from: Tomatocage on January 07, 2014, 05:49:19 AM

If you are a brand new user attempting to secure collateral for loans, I'm going to automatically flag you with negative trust. Sorry, but scammers are rampant around here.

So sad it has come to this, but it's the right thing to do.

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U1TRA_L0RD

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Re: ATTN Newbies

January 08, 2014, 01:37:13 AM

Just had my first successful transaction. With a newb! But he sent DOGE first and for a low price, 10,000 DOGES/0.020 BTC

MadZ

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Re: ATTN Newbies

January 09, 2014, 12:07:58 AM

This is because people are requesting collateral of greater value than the loan and just running off with it, correct? Hope you "older" users are willing to take up all loans then, since it is idiotic for people to lend out for no collateral.

Tomatocage (OP)

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Re: ATTN Newbies

January 09, 2014, 12:20:14 AM

Quote from: MadZ on January 09, 2014, 12:07:58 AM

It's because a common scam is to create a brand-new account and offer "loans" for collateral (a value of which is often a fraction of the requested loan amount). Once you send the collateral, that's the last you hear from the "lender".

Unluckyduck

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Re: ATTN Newbies

January 09, 2014, 01:37:35 AM

Quote from: U1TRA_L0RD on January 08, 2014, 01:37:13 AM

Just had my first successful transaction. With a newb! But he sent DOGE first and for a low price, 10,000 DOGES/0.020 BTC

Sorry to burst your bubble but you got ripped off big time. 10k DOGE at current exchange rates is worth about 0.0025, 1/10 of what you paid for it.

dmfree88

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Re: ATTN Newbies

January 09, 2014, 02:42:32 AM

Quote from: Tomatocage on January 07, 2014, 05:49:19 AM

If you are a brand new user attempting to secure collateral for loans, I'm going to automatically flag you with negative trust. Sorry, but scammers are rampant around here.

i just saw this post i hope im not considered brand new i will remove my post if it will give me a neg?

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U1TRA_L0RD

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Re: ATTN Newbies

January 09, 2014, 05:13:18 AM

Quote from: Unluckyduck on January 09, 2014, 01:37:35 AM

Quote from: U1TRA_L0RD on January 08, 2014, 01:37:13 AM

Just had my first successful transaction. With a newb! But he sent DOGE first and for a low price, 10,000 DOGES/0.020 BTC

Sorry to burst your bubble but you got ripped off big time. 10k DOGE at current exchange rates is worth about 0.0025, 1/10 of what you paid for it.

Sorry to burst your bubble, I meant 0.002. xD

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