Loan Defaulted [2double0]

[Shishir99]

Can we have a month cycle without you creating a scam accusation of your borrowers? I can not remember a month without seeing a topic from you where you have not lost money from this business yet you continue the business.

All I can say, sorry again and looking forward to the next topic.

He lost a lot. I see some of the amounts in BTC like 0.02 BTC, 0.01 BTC which is around thousands of dollars these days. But most of these borrowers took these loans a long time ago. I guess the disappearance of the Mixers affected the forum economy a lot and shasan is paying for that. A lot of those people took loans and disappeared knowing the competition in signature campaigns will be high. So they take the last chance to make some money by scamming him. Probably you are just kidding, but I won't expect another thread from him. I hope this is the last thread.

[examplens]

Can we have a month cycle without you creating a scam accusation of your borrowers? I can not remember a month without seeing a topic from you where you have not lost money from this business yet you continue the business.

All I can say, sorry again and looking forward to the next topic.

I think I read somewhere that there are over 80 open loans. It's not that it can't happen.
In the end, it is an integral part of the loan business. To be honest, 10% monthly interest is quite expensive, but it is actually because of the high risk. Thus, all loan defaults are covered by the high interest rates of the paying users.

[dkbit98]

Flag supported.
Whenever I see posted title Loan Defaulted I know it's something related with shasan... sorry about that
I think any cheater connection with other alt accounts should be revealed publicly to reduce chances of scamming other members.

[nutildah]

A lot of those people took loans and disappeared knowing the competition in signature campaigns will be high. So they take the last chance to make some money by scamming him.

The thing is, I think most of the scammers are still here. They are just willing to sacrifice certain accounts out of their collection. One of the easiest ways to identify a bought account is by looking at the post-to-merit ratio. If its really high, this means they probably run a bunch of alt accounts simultaneously, so they never write anything worth meriting.

This guy comes to mind:

I remember CM yahoo once said like "slots in campaign is not a right but a privilege". If you agree on this, then I guess long term holders deserve slots in campaigns.

Earned Merit: 89
Posts: 4666

He's a "long-term holder" because he runs several accounts & doesn't cash out his BTC all the time. Somewhat ironically, he could never participate in the system he was proposing, because it would mean exposing his alt accounts in the process.

[suchmoon]

Marco strikes again... I recall his walls of text defending sockpuppeting and fake loans to alts. Some people just can't not scam.

[Shishir99]

The thing is, I think most of the scammers are still here. They are just willing to sacrifice certain accounts out of their collection. One of the easiest ways to identify a bought account is by looking at the post-to-merit ratio. If its really high, this means they probably run a bunch of alt accounts simultaneously, so they never write anything worth meriting.

If someone has multiple accounts and all are in campaigns, they have to complete their daily post quota. Which could be the reason they don't have much time to spend on reading before they write. So, you have a good point and I think you are right with the assumption. But this point also proves that the point I mentioned is valid as well. If they do not earn merits, then they are unlikely to get a spot in signature campaign. Since the disappearance of the mixers, the competition becomes more tough for them. So, it is like selling the accounts for a few bucks!

[JeromeTash]

-snip-

The tricky part is that
1. There are people who feel that their account has earned some merits and have ranked so they can easily get a loan
2. There are People who have so many alts around at their disposal, and therefore they don't care if a few of them get tagged
3. There are people who are just exiting the forum but won't go away with nothing.

So lenders have a big job of due diligence or a huge risk of someone defaulting their loan.

[JollyGood]

Unfortunately for the OP, he is applying a degree of due-diligence but he regularly makes these scam accusation threads on the basis of non-payment. Some of the accounts already had trust feedback left for them that should have indicated strongly to not lend anything to them but the OP still facilitated the loan.

I do not know the numbers involved but I presume the interest the OP makes from repayments means he is still making a profit even after the numerous loan defaults otherwise the common sense approach would have been to stop giving loans.

So lenders have a big job of due diligence or a huge risk of someone defaulting their loan.

[DireWolfM14]

I know very well that the account has an alt account but those I have already found either they are defaulter or they are not active. And I think there are active accounts too. Please post anyone who knows the active account of this user:
https://bitcointalk.org/index.php?action=profile;u=30650
https://bitcointalk.org/index.php?action=profile;u=147773
https://bitcointalk.org/index.php?action=profile;u=314910
https://bitcointalk.org/index.php?action=profile;u=153776
https://bitcointalk.org/index.php?action=profile;u=167181
https://bitcointalk.org/index.php?action=profile;u=151190
https://bitcointalk.org/index.php?action=profile;u=171896

I'd be interested to know what evidence you have to link these accounts.  You can share it with me via PM if you prefer.

I'm only familiar with three including the subject of this thread, and I had just given one of these accounts a loan 11 days before you made this post, lol.

Years ago 2double0 made a weird series of loan requests, and during that time Marco said he had a claim to the 2double0 account due to a loan that was pending repayment.  As far as I know that loan never got paid because bitcoin price skyrocketed and the fiat value of the BTC owed became a small fortune.

Anyway, I think I found the thread where Marco had made that claim, but it appears those posts have been deleted...  

I don't mean to a prick, but I think it's fair to warn any lender that wishes to deal with you that you already have a loan pending payment.   And according to your lender,  you are late on payments.

I wonder if 2double0 is late on the loan he got from marcotheminer:

Yes, he is late.

Anyway, as for the third account with which I have some familiarity; Stedsm, I don't think he's linked to the other two.  I wouldn't doubt if that account has changed hands in recent months or the last year, but I have no concrete evidence and I'm keeping that information close to the vest for now.

[shasan]

I'd be interested to know what evidence you have to link these accounts.  You can share it with me via PM if you prefer.

Actually, it was my fault that I had not checked at the time of lending the money to them. All of the mentioned users use part of the same account, the Bitcoin wallet. You can check it at https://www.walletexplorer.com/wallet/013184bb1458a768/addresses

Stedsm and the main defaulter of my loan are the same people as the monthly interest was paid by the accused person but posted by Stedsm but later stedsm deleted that and the same content posted by the accused. But I did not know about other and while I checked bitcoin wallet I found all of these. And I think there might have few more users who are the alt account of the accused.

[JeromeTash]

Actually, it was my fault that I had not checked at the time of lending the money to them. All of the mentioned users use part of the same account, the Bitcoin wallet. You can check it at https://www.walletexplorer.com/wallet/013184bb1458a768/addresses

Stedsm and the main defaulter of my loan are the same people as the monthly interest was paid by the accused person but posted by Stedsm but later stedsm deleted that and the same content posted by the accused. But I did not know about other and while I checked bitcoin wallet I found all of these. And I think there might have few more users who are the alt account of the accused.

This is an interesting find, and I do see about 26 linked addresses. This might be linked to more accounts that have not yet been mentioned. It should be about time all the accounts and their links are mentioned and possibly tagged to avoid another catastrophe in the future.
Individual members may be given a chance to explain what is going on or what went on to save their reputation, but like they always say prevention is better than cure.

[DireWolfM14]

Stedsm and the main defaulter of my loan are the same people as the monthly interest was paid by the accused person but posted by Stedsm but later stedsm deleted that and the same content posted by the accused.

Indeed, and confirmed: https://ninjastic.space/post/63098576

I've repaid the $30 interest and requesting an extension till 3rd Dec, 2023. Please confirm the receipt as well as the extension.
Image of repayment sent via DM.

I am confirming that I have received 30$ as interest. This is your last extension for the full repayment. Please repay on or before the due date of the loan, thank you.

I've repaid the $30 interest and requesting an extension till 3rd Jan, 2024. Please confirm the receipt as well as the extension.
Image of repayment sent via DM.

Honestly, I'm surprised but there may be a good explanation here.  Both contacted me around the same time to remove their red-tags so they could join Royce's signature campaign, which I though was coincidental at the time, but perhaps not.  In order to remove my red-tags 2double0 paid me back the amount he owed, and Stedsm agreed to use my address as his payment address for the campaign until his debt was paid.

I've spoken with Stedsm on voice calls over telegram multiple times, and I'm sure he's from India.  Somehow I never pictured 2double0 or Marco to be Indian, more likely from central Europe somewhere.  At some point I read a post of Stedsm's and it gave me the suspicion that the account had changed hands.  I don't remember which post that gave me that suspicion, nor exactly when it was made but it was some time after... (to be continued below)

But I did not know about other and while I checked bitcoin wallet I found all of these. And I think there might have few more users who are the alt account of the accused.

Well, I guess it's high time I let the other cat out of the proverbial bag: Stedsm didn't just owe me money, he was also delinquent on a loan to irfan_pak10, who had also left a red-tag on his trust wall that needed to be removed per campaign guidelines.  Since my loan was older, Stedsm wanted to pay me back first, but irfan_pak10 wanted some type of guarantee that he wasn't going to be left holding the bag.  The guarantee he sought was to somehow be able to take control of the Stedsm account.  As of February 2023 the email address associated with the Stedsm account was changed to one held by irfan_pak10, as shown in the excerpt of the Telegram discussion below (the whole conversation can be downloaded here.)



In September I tried to get a hold of Stedsm to ask how he was doing, but I never got a response even though he had been active a few days before.  I reached out to irfan_pak10 to ask if he'd heard from him, and a couple of days later he responded claiming he had not.  No other details were given, and no indication of concern for the loan he was owed by Stedsm.  I don't know how irfan_pak10 ties in with all of this, but my suspicion is he's part of this in some way.

Now, the Stedsm I know was very responsive when I reached out to him.  The loan I had given him was long over due, but he was very grateful for my patience and understanding.  He was making every effort to pay back the loan, which is a significant amount of money in his part of the world.  We used to speak every few months or so, and he would tell me about his daughter's health issues.  The fact that he hasn't responded to my PM or to our Telegram chat (and the fact I didn't hear from him first, since there has been no communication since September 2023) is very out of character.  That alone, and now coupled with the revelations of this thread leads me to believe that the Stedsm to whom I issued the loan is no longer controlling the account.

[suchmoon]

Marco is asking for a loan... or asking about a potential load or whatever this is supposed to mean: https://bitcointalk.org/index.php?topic=5522166.0

I would suggest to give this one a wide berth but then again, who am I to tell anyone how to lose money

[nutildah]

I'd be interested to know what evidence you have to link these accounts.  You can share it with me via PM if you prefer.

Actually, it was my fault that I had not checked at the time of lending the money to them. All of the mentioned users use part of the same account, the Bitcoin wallet. You can check it at https://www.walletexplorer.com/wallet/013184bb1458a768/addresses

Lets go through them all for the record (somehow I missed the stedsm one, if he's part of this wallet):

16n2gBUsuS41judD4NVntbVte5WqBfoAQ3 - MegaHustlr
12hYBWiPqfwdveGzpbRdGxeqnoMcNvGNSq - marcotheminer
19iNZYPpZn8BkCxDs1wdrNUTr7ieM6wra8 - deborameeks (banned)
1DwsNFJnXFSFtXP7M2q4rVczLyTqNpz1pb - marcotheminer
15VjCmf8dej4iA7gmQrjm8xpmUjWjkbCjK - 2double0/Mondy
15Zroiijhnd2SJt1NmyAuyK18kWGU7q2b7 - Mondy
1Love2kiSfLjATbGMB2PdadxRZSBmXn13D - marcotheminer
1Mn5L713HtkJuzcxL6Dq5dwtE5Qq9ne4tB - bitbitz
1BFeefYnCzsE3qEMxKETobtFnvHqi1AwbF - Mondy
16WztVJTanbz2PMBLKckL3a3KLrotBaLok - nizamcc (banned)
1F9ntBWaXzYQ3EX2EuhhpwJvQXnAuxcc8Q - lenny_

Also this thread is worth a look-over:

Marcotheminer the Ban Evader

[_act_]

It's not right for someone to sacrifice a legendary account because of $180. Even when shasan waved the interest and asked him to repay $180 instead of $340. Maybe he suspected that Shasan will still tag him if he repays $180.

It was easy to become a legendary in the past. He registered the account since 2013. He was given 1000 merits airdrop with 500 smerits in 2018 when the merit airdrops were distributed at the introducing of merit system. With his alts, he can easily get the remaining merits he got. 2023 was 5 years after merit system was introduced, but he stayed at 1105 merits. That is very bad.

[marcotheminer]

I understand being linked up in all this and I will try to help resolve it; but that is not me. Nice to see everyone still on their toes

I have taken 1 loan repaid this month. And the current thread open is for discussion, suppose I can move it elsewhere.

Marco strikes again... I recall his walls of text defending sockpuppeting and fake loans to alts. Some people just can't not scam.

You keep bringing up fiction. You can storytell all you want, it's just getting sad at this point.

I get that reputation ruined is not re-awarded back easily (if ever). Clearly even more so the case in a forum like this. But there's a certain point where the repetitiveness of it (roping me into it negatively) teeters over to harassment/libel/I don't care for the words.. against me.. mere poor esteemed panic/schiczcircus accusatory  stuff... which never helps (). I do get where I got the words of caution on my name. For it to continue though, sucks, for everyone around. Time will sort it out.

I will keep tabs on this, since obviously I am associated in a way or other; just not as 'bad person' (a scammer / thief) as you're accusing.

Unfortunately for the OP, he is applying a degree of due-diligence but he regularly makes these scam accusation threads on the basis of non-payment. Some of the accounts already had trust feedback left for them that should have indicated strongly to not lend anything to them but the OP still facilitated the loan.

I do not know the numbers involved but I presume the interest the OP makes from repayments means he is still making a profit even after the numerous loan defaults otherwise the common sense approach would have been to stop giving loans.

So lenders have a big job of due diligence or a huge risk of someone defaulting their loan.

[BrokenM14]

Lets go through them all for the record (somehow I missed the stedsm one, if he's part of this wallet):

I don't think Stedsm is part of the wallet, and I'm of the opinion that the account only became connected to these other users in recent months.  However, making a post while logged in as Stedsm but replying to the 2double0 loan is pretty damning.

[irfan_pak10]

-snip-
  I reached out to irfan_pak10 to ask if he'd heard from him, and a couple of days later he responded claiming he had not.  No other details were given, and no indication of concern for the loan he was owed by Stedsm.  I don't know how irfan_pak10 ties in with all of this, but my suspicion is he's part of this in some way.

-snip-

Sorry? What does this mean? I left this loan service cuz I didn't have much time to look into users, and then keeping record and asking them to pay back it was taking a lot of my time. I didn't keep track of that thread much and for some time I even forgot about this thread and all the people who owes me. Once you pinged me it reminded me of that thread again.
Even once he himself reminded me of that loan - He is a loan defaulter and should get neg. as he is not responding to your messages.

[suchmoon]

You keep bringing up fiction. You can storytell all you want, it's just getting sad at this point.

You know what's really sad? Saying "it's not me" when there is a solid wallet link between you and the scam account. And it's not like you don't have time to address this issue - you are posting and sending frivolous trust ratings as if this doesn't concern you. Sad.

[marcotheminer]

You keep bringing up fiction. You can storytell all you want, it's just getting sad at this point.

You know what's really sad? Saying "it's not me" when there is a solid wallet link between you and the scam account. And it's not like you don't have time to address this issue - you are posting and sending frivolous trust ratings as if this doesn't concern you. Sad.

Pls stop being dense. Neutral point of view face it that the trust ratings I received in rapid/rabid succession are laughable. Your words are *literally* frivolous as you accuse of me (..my trust ratings being neutral remarks as an answer to this sudden group mad-up).

From direct degeneration as provided by the calm shasan lol, through whoever tf else chimed in, to you.... lol, Seriously! just take a moment and re-read your projecting chimes' of today mate: (haha, the actual borrower(s) got off easy rating-remark-wise compared to what I caught ).

suchmoon   2024-12-09   Reference   A loan scammer account got linked to marco though a wallet link. Marco did what a normal person would do, took the issue seriously and provided full det... j/k, he did what marco does, acted as a blithering scamming sociopath and blamed everyone else.
nutildah   2024-12-09   Reference   long-time scammer returns to the forum to try one last con
DireWolfM14   2024-12-09   Reference   I've long suspected that marcotheminer and 2double0 were alt accounts controlled by the same person. Through blockchain analysis marcotheminer appears to be connected to multiple accounts that have defaulted on loans.
shasan   2024-12-09   Reference   Loan Defaulted!

And the "not me" 'claim' is fact. It is such.
Your "wallet link" is from some years ago.

I understand the linking between via the addresses. Be aware it is from a long time ago is what I am saying, those addresses are not the current addresses that they are using; Stedsm/2double0/?/.

Finally, with a sigh of wasted type-breath, I tell you: I am replying as I can - actually first rather defending myself by just stating how it is.

To the group who bombarded/flung onto me with nonsense/indirect trust-reaction-ratings: you have added useless drama to the actual matter at hand which is the user(s) involved being at/near default/scam of their respective loans; of which I am yet to actually learn the details of because, hey, it's still news to me (oh.., I spent how much time wasting a reply here d'Oh).
As I said to shasan, we on-forum are probably going to help out where we can. None of this angry 'yelling' actually helps.

===
Now... with that aside.. Boy oh man glad to be back on these forums! Brilliantly odd - once again I shall be active around here, - time for a surf! ... ^{"yeww which boards bro?!"} ..... later