0.01 BTC loan defaulted by (MakeMoneyBtc)

What happened:: Loan Defaulted

Scammers Profile Link: https://bitcointalk.org/index.php?action=profile;u=890476

Reference Link: https://bitcointalk.org/index.php?topic=5030169.msg50276540#msg50276540
Archived: https://archive.md/YGKb8#selection-3709.0-3761.53
Amount Scammed: 0.01BTC
Payment Method: BTC
Proof of Payment: https://www.blockchain.com/btc/tx/c314cfaa358134ad0879f2c8262ca790b1882c08f40cc606347884bd2192d8d9

Additional Notes: I have waited a long time for the repayment the person login into the bitcointalk account as well as telegram but not responding to me.
Flag: https://bitcointalk.org/index.php?action=trust;flag=1029

Quote from: shasan on December 04, 2019, 04:06:12 PM

[...]

Supported the flag and dropped a negative feedback on his profile until resolved.

Looks like he is now online.
Maybe you should talk with him again and resolve issue you have.
Good Luck

I am aware of the loan(obviously) and the fact that it's been a long time since I didn't send any payments or even messages to him. I just want to say that I'm really sorry for everything that happened and that it wasn't my intention in the first place to get in the situation that we are in right now. Because I actually sent him somewhere around 0.01btc in partial payments a few months ago.
Things are not going well in my life right now, I'm in college, I have multiple debts, my father died recently and multiple things going on. This is not an excuse or something for me not paying my loan back, it's just some explanation.
I am OK with the negative feedback and the flag, because I deserve it and I don't use the bitcointalk account so much anyway. What I wanted to say is that I'm going to pay my loan back when I will have all the money available, probably sometime in the next couple months. Not because of my bitcointalk account reputation, but because I know what I did is not fair and I own this person some money. Again, sorry for all the trouble and wasted time I caused to you.

Quote from: MakeMoneyBtc on December 04, 2019, 04:59:49 PM

Snip~~
I am aware of the loan(obviously) and the fact that it's been a long time since I didn't send any payments or even messages to him.

At least you should respond on shasan's message and requests him for extend the duration for payment. And it is also right that if you really were about the loan you can easily repaid the loan despite having bad days.

Eidit : you can do some bounties for repaying the loan. But you did not.

Quote from: sujonali1819 on December 04, 2019, 05:10:39 PM

Quote from: MakeMoneyBtc on December 04, 2019, 04:59:49 PM

Snip~~
I am aware of the loan(obviously) and the fact that it's been a long time since I didn't send any payments or even messages to him.

It's already been a couple of months since I received the loan, so there was no reason asking for an extension. Yes, it's true that the loan value is not that big and I could have probably pay it back during all this time. It's just that, I had other problems to fix that had priority over this one. Anyway, I'm not here to ask for forgiveness and I have no excuse for not paying my loan back. If my intention was to scam him in the first place, I would have just taken the loan and disappear but as I said I already paid him more than 0.01btc in partial repayments and I'm also going to return the original loan plus the interest when I will have it.

Quote from: MakeMoneyBtc on December 04, 2019, 04:59:49 PM

What I wanted to say is that I'm going to pay my loan back when I will have all the money available, probably sometime in the next couple months.

I understand all the troubles you had in your life, but you can not run away from your obligations, and this is one of them.
Wherever you live, 0.01 BTC is not huge money, so you have NO excuse to prolong this for couple of months buddy!

Quote from: dkbit98 on December 04, 2019, 07:11:31 PM

Quote from: MakeMoneyBtc on December 04, 2019, 04:59:49 PM

What I wanted to say is that I'm going to pay my loan back when I will have all the money available, probably sometime in the next couple months.

Well that's the sad thing about loans with no collateral in Bitcointalk, you cannot really force the guy on paying what he owes and from the looks of it he doesn't even care about the negative feedback you have given to him which I think for us DT members is something used to influence the person to pay back or solve the problem which in this case didn't work. Now the only thing really left to do is to wait for his promise. Or @MakeMoneyBtc are you open to paying back the loan bit by bit I'm pretty sure that you can be capable of that and @shasan are you open to receiving payments from him in trenches?

Supported flag and leave the negative trust.

Quote from: shasan on March 23, 2019, 03:50:40 AM

Repayment amount 0.011BTC by 6th April. When there is an active loan I do not give any other loan. But I gave you, as your last loan amount is less than the previous loan amount. This is my first time lending someone while you have another active loan.

I'm really surprised that you acted like this. There is obviously clear that he have a problem to pay back the first loan, and you gave him another one. OK, I know now is easy to be smart.

Quote from: MakeMoneyBtc on December 04, 2019, 04:59:49 PM

I am OK with the negative feedback and the flag, because I deserve it and I don't use the bitcointalk account so much anyway. What I wanted to say is that I'm going to pay my loan back when I will have all the money available, probably sometime in the next couple months. Not because of my bitcointalk account reputation, but because I know what I did is not fair and I own this person some money. Again, sorry for all the trouble and wasted time I caused to you.

So, you are ok with negative trust and red flag because you are no longer interested in Bitcointalk, no more loan, no reason for you to come here. 0.01 BTC nevertheless, there is no reason to make an ass of your mouth.

The borrower ruined his reputation for just 0.01 btc, that's not wise.

We all have problems and now that the borrower did not pay for his loan, this has become as a problem to the lender.

What we have here in crypto is just a business of trust, most of the borrowers here does not have a collateral if I am not mistaken, lender will evaluate the borrower based on on his source of income in the forum, if he is actively participating in signature campaign that's a plus one.

Maybe if the borrower just continue to communicate to the lender then the lender can give extension as long as the borrower will promise to pay.
Tagging the account might mean that the loan will not anymore recoverable as of course the borrower cannot apply for a sig campaign to where he can get a reward to pay his loan.

I believe this tag could be removed or turn into neutral so MakeMoneyBtc you should find ways to pay the loan, maybe pay the half then loan out the remaining balance, that if shasan would agree.

What shocked me most was his answer in this topic.
After this I don't think it is likely that people will ever trust this person again.

Quote from: dkbit98 on December 05, 2019, 12:27:45 PM

What shocked me most was his answer in this topic.
After this I don't think it is likely that people will ever trust this person again.

This answer is also very conditional.

Quote from: MakeMoneyBtc on December 04, 2019, 04:59:49 PM

What I wanted to say is that I'm going to pay my loan back when I will have all the money available,

Pay the loan when I have money, Shocked

... it should be when... because when you borrow money you stated the terms including the date of repayment and this reply it seems like OP is not sure when he is going to pay.

@shasan Sorry for bringing this up but what's the status here - did the guy pay what was due in the end? Curious since he is looking to do some "work" for me...

Quote from: efialtis on July 20, 2020, 06:14:01 PM

@shasan Sorry for bringing this up but what's the status here - did the guy pay what was due in the end? Curious since he is looking to do some "work" for me...

Not yet received anything from that person. Also didn't contact with me.

Quote from: shasan on July 20, 2020, 06:16:24 PM

Not yet received anything from that person. Also didn't contact with me.

Its already been a long time and i don't think he is gonna pay back to you. Although i am seeing from my end that the user was active today but showing no response here. For now we can't do nothing but supporting flag which may help others to stay far from this loan defaulter. I will check his details on loan defaulters list to see he is listed yet or not. I wish you will recover your losses soon.

Flag supported from my end.

I want to update my thread. I have created an accusation for 0.01BTC against MakeMoneyBtc. Today I received 0.002BTC. If I calculate the price of Bitcoin then I have got my money back which I sent to him. But unfortunately, it is not as I can't consider this as sold BTC at that time. In this case, if I waive the interest after the accusation then the remaining amount should be 0.008BTC. So, I am not removing negative trust or not asking anyone to remove the trust.

Quote from: shasan on April 09, 2023, 05:40:39 PM

So his next couple of months would then come 4 years later? Damn, some people can be so shameless.

Quote from: MakeMoneyBtc on December 04, 2019, 04:59:49 PM

What I wanted to say is that I'm going to pay my loan back when I will have all the money available, probably sometime in the next couple months.

That money even by today's Bitcoin can be payable if he was serious. In fact, in order to show that he's sorry, he should at least double it to 0.02 BTC

Quote from: shasan on April 09, 2023, 05:40:39 PM

If you are in contact with the user still, you could tell them to try to find a sig campaign that accepts neg trusted accounts and explain why he wants to join a campaign with neg trust. You may also be able to contact the manager and see if they will let your address be the payment address until the loan is paid. Just an option you might try to explore.

Quote from: Bitcoin_Arena on April 09, 2023, 09:50:03 PM

That money even by today's Bitcoin can be payable if he was serious. In fact, in order to show that he's sorry, he should at least double it to 0.02 BTC

You are right but I am still okay with the amount which was accused about 4 years ago (2019).

Quote from: yahoo62278 on April 10, 2023, 04:32:30 AM

I hadn't contacted with the user but yesterday contacted with me and sent me 0.002BTC. Based on the rank there is almost no campaign that may accept negatively trusted users. Yet I will advise as you advised, thank you.