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Author Topic: Indymoney - loan default  (Read 887 times)
FatFork
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February 22, 2021, 01:59:10 PM
 #21


Now after having this scam accusation I am feeling not good to be part of this campaign just because of this I remove signature have some serious issues just because of this unable to pay back any thing but still fighting hard for doing this all clear.

I really don't understand your reasoning. Has it ever occurred to you to transfer your earnings from a signature campaign to your debt?

You had a good position in a bitvest campaign that you've been building for a long time, and you spoiled it, even though you could easily repay the debt to Royse777 with that money. Very irresponsible and dishonest conduct on your part.

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friends1980
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February 22, 2021, 05:25:26 PM
Last edit: February 22, 2021, 08:15:59 PM by friends1980
 #22


Now after having this scam accusation I am feeling not good to be part of this campaign just because of this I remove signature have some serious issues just because of this unable to pay back any thing but still fighting hard for doing this all clear.

I really don't understand your reasoning. Has it ever occurred to you to transfer your earnings from a signature campaign to your debt?

You had a good position in a bitvest campaign that you've been building for a long time, and you spoiled it, even though you could easily repay the debt to Royse777 with that money. Very irresponsible and dishonest conduct on your part.

The guy was a sig spammer, and sig spammers are thieves. They are stealing money from other bounty hunters who do respect campaign rules, and don't shitpost to boost their activity.

It sincerely saddens me to see that this guy is now also stealing from Royse777.

Nevertheless he still seems to find the time to happily continue writing posts on the Hindi boards.

Honestly, if I were him, instead of posting on the forum, I'd spend every second of my spare time to gain money and pay back the loan.

(...) I am feeling not good to be part of this campaign just because of this I remove signature (...)

Don't pretend you removed your signature voluntarily because of feelings of guilt; the campaign simply kicks people out when they receive negative trust.

nutildah-III - First BitcoinTalk NFT Transaction ever - 2021-04-01 [666 fBTC]
janggernaut
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March 13, 2021, 07:11:58 PM
 #23


Exactly! I hate such people, I have dealt with too many of them...
Idk but, did you ever create a accusation thread about "too many of them"? Because you are just saying like, i've got scammed by too many of them too.
Anyway, does indy money has repaid some of the loan to Royse777 or he is still doesn't pay anything? I've seen him online on this forum recently
AB de Royse777 (OP)
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March 14, 2021, 05:59:23 AM
 #24

Anyway, does indy money has repaid some of the loan to Royse777 or he is still doesn't pay anything? I've seen him online on this forum recently
He has not pay back any dime yet. And since we are this far - I do not think he will ever repay anything.

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April 10, 2021, 04:52:08 PM
 #25

Just saw this but I thought this was going to happen as some of the explanations seemed very suspicious to me and they sounded like typical excuses. He probably could have saved his rep if he chipped away at the debt over time with his sig campaign earnings but looks like he can't even do that now. He still owes money for the PL pool entry fee and I kept giving him extensions on that and I told him to make sure he pays this loan back first. He stopped playing a while ago as well which was a bit silly as he could have potentially won some money to pay you back even if partially. I know he probably got himself into a situation where he can't pay it all back but he would have been able to pay some of it back at least but with a tarnished account even that option is impossible now.

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January 27, 2022, 04:41:23 PM
 #26

So best for other lender to check more their borrowers since if the trust them so much with huge amount for sure we will see another case like this.
Just so you know, the amount OP lent @Indymoney was 0.0075 BTC, just $85 at that time. This was very little money for Indymoney to pay back in a couple of weeks via a signature campaign, but I guess he was just a scammer.

Right now 0.0075 seems a huge amount due to the previous BTC bull run.

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January 27, 2022, 06:30:50 PM
 #27

No i didn't think so. Indymoney didn't have collateral?

The loan was non collateral, so ndIndymoney did not repay and the lender did not get the money back. Lending is a risky business, the lender only lends to a user if he thinks he has the ability to repay the loan. But many times it is seen that many users do not repay the loan even if it is a small amount. So lenders have to be very careful.

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