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Author Topic: Need 55 Bitcoin Loan - Will pay 3 btc daily starting on february First.  (Read 2144 times)
rexcoin
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January 23, 2012, 10:35:54 PM
 #1

O.k so i must admit i totally screwed myself with dragontales gambling. SO after this no more loans for gambling for me!

I owe PatrickHarnett - 28.5 BTC
and I owe  johnthedong - 18 BTC
TOTAL: 46.5 BTC - i also owe a few buds in dragontales some bitcoins.

Since this is to pay back loans if anyone is willing to do this loan for me, I will pm you PatrickHarnett and johnthedong bitcoin address and they can verify it, THIS IS NOT FOR GAMBLING

Anyway lesson learned, and wont ever ask for loans for gambling again, im sorry i totally screwed myself ,and i DO NOT want to default on the loans.

SO i bet your asking how do i intend to pay back 3 btc a day? well im starting a bitcoin related site soon more details soon.
AND I get a SSI check in which i will use part of it to buy bitcoins, I intend to buy 10 bitcoins at first which will be sent to the loaner on february first.
------------------------------------------
I know i messed up badly with these loans, i hope someone can help me out of this hole.  I would be more then greatful, and i PROMISE to not take anymore loans out for gambling.

P.S im also selling magic the gathering/ pokemon / yugioh, so whatever i make from them i will give it to the lender, its in the marketplace board.

so, 55 btc and i will return 60 btc within 1 month.  Anyone interested?
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ineededausername
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January 23, 2012, 10:51:11 PM
 #2

But who would accept a 9% monthly interest rate for this kind of loan?
It seems a bit low.

(BFL)^2 < 0
rexcoin
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January 23, 2012, 10:52:34 PM
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Its of course negotiable.
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January 23, 2012, 10:54:23 PM
 #4

Its of course negotiable.

Is 65-70 btc fair for this type of loan then? i am not sure - sorry.
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January 23, 2012, 10:57:12 PM
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how are you intending to pay back?

It is pitch black. You are likely to be eaten by a grue.

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rexcoin
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January 23, 2012, 10:58:58 PM
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By my SSI check, bitcoin related site im working on - and selling things in bitcoin market as started on the post. Let me know if your willing to help, and thanks for posting.
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January 23, 2012, 11:07:10 PM
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Just for clarification, the loan was for less than 28.5, that was the agreed payback amount.
rexcoin
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January 23, 2012, 11:08:09 PM
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Just for clarification, the loan was for less than 28.5, that was the agreed payback amount.


Correct, Sorry I did not specify.
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January 23, 2012, 11:23:29 PM
 #9

I am willing to take on part of this burden, of course I need both other parties to vouch for you, they can PM me if they like.  But I am willing to take on 20BTC at 10% interest for the term agreed upon above.  You would just have to find the rest from another party.  I do monthly loans all the time so I am used to it, but it does have to be 10% interest.  Also if you gamble with my money the interest goes up to 20% Wink ha ha

Let me know if your interested and we can agree to it and you can give me the address to send to.

"Those who would give up essential Liberty, to purchase a little temporary Safety, deserve neither Liberty nor Safety." -Benjamin Franklin 1755
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rexcoin
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January 23, 2012, 11:29:23 PM
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I am willing to take on part of this burden, of course I need both other parties to vouch for you, they can PM me if they like.  But I am willing to take on 20BTC at 10% interest for the term agreed upon above.  You would just have to find the rest from another party.  I do monthly loans all the time so I am used to it, but it does have to be 10% interest.  Also if you gamble with my money the interest goes up to 20% Wink ha ha

Let me know if your interested and we can agree to it and you can give me the address to send to.

Not going to gamble it i learned my lesson.

Well i would love to pay johnthedong first as my due date is in 2 days.
I agree to the terms, 10% is fine with me.

Patrick did confirm on this thread, john is not online but i sent him a message to respond here. WOuld you like to send me the 20 btc so i can send john around 16 btc the remaining 4 btc goes to 2 people i owe on dragon tales, or you rather wait for john? it is up to you since your doing me a huge favor?

-------EDITED -----
 if you want to send to me, my bitcoin address is 1AJLphLithbP5jPxgsKkfAe2vZ2nFrsaBL

John im sure will confirm i sent him the bitcoins once he is online.
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January 23, 2012, 11:33:23 PM
 #11

We're good for right now, I see Patricks response above.  So yes, post the address to send to and I will send out the 20 BTC as agreed above.

Return payments can be sent to:

1PuqE7vvb5DpdEMH7j3EM5PgT3JkFfCZoK

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rexcoin
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January 23, 2012, 11:34:37 PM
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We're good for right now, I see Patricks response above.  So yes, post the address to send to and I will send out the 20 BTC as agreed above.

Return payments can be sent to:

1PuqE7vvb5DpdEMH7j3EM5PgT3JkFfCZoK

Updated the above post, but here it is again, my address is 1AJLphLithbP5jPxgsKkfAe2vZ2nFrsaBL

I Agree to send 22 btc to 1PuqE7vvb5DpdEMH7j3EM5PgT3JkFfCZoK
jfreak53
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January 23, 2012, 11:35:38 PM
 #13

Just sent Smiley

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rexcoin
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January 23, 2012, 11:36:21 PM
 #14

Got the 20 BTC;'s will be sending john the bitcoins as soon as a block goes by, thanks so much!
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January 23, 2012, 11:59:27 PM
 #15

Sad
John (John K.)
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January 24, 2012, 12:25:01 AM
 #16

Rexcoin has repaid 14btc which went to my address : http://blockchain.info/address/536df3bf833573495d6a92dc90487bbc62595282

Do note that Rexcoin is a trustworthy person, and I sincerely hope he get out of his gambling problems.

My BTC Tip Jar: 1Pgvfy19uwtYe5o9dg3zZsAjgCPt3XZqz9 , GPG ID: B3AAEEB0 ,OTC ID: johnthedong
Escrow service is available on a case by case basis! (PM Me to verify I'm the escrow!)

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January 24, 2012, 12:59:55 AM
 #17

Hold on for just a second here.  If I am reading this correctly:

jfreak53 just sent 20 BTC to rexcoin and rexcoin sent only 14 to johnthedong?

rexcoin, what happened to the other 6 BTC?  Be honest.

Also, since this is your public loan information:

As we agreed in pm,
Code:
Loan amount: 15btc
Repayment amount: 18 btc
Repayment date: 3 days from the time I send the coins.
Repayment address: 18c8oXmyvfAFjeR575y5XACJhtrVf9yfjR
Will send to 181TQJfi6aJGQr1p9bjTafmTSkoYBtzYvu, is that okay?

The 14 BTC makes no sense.  It does not cover the principal, let alone the repayment amount.  Why did you not pay this one off entirely?

johnthedong, did you change the terms of the loan?

I was thinking about helping out (with some restrictions, etc.) but I need to understand what just happened here.

Our family was terrorized by Homeland Security.  Read all about it here:  http://www.jmwagner.com/ and http://www.burtw.com/  Any donations to help us recover from the $300,000 in legal fees and forced donations to the Federal Asset Forfeiture slush fund are greatly appreciated!
rexcoin
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January 24, 2012, 01:34:09 AM
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Hold on for just a second here.  If I am reading this correctly:

jfreak53 just sent 20 BTC to rexcoin and rexcoin sent only 14 to johnthedong?

rexcoin, what happened to the other 6 BTC?  Be honest.

Also, since this is your public loan information:

As we agreed in pm,
Code:
Loan amount: 15btc
Repayment amount: 18 btc
Repayment date: 3 days from the time I send the coins.
Repayment address: 18c8oXmyvfAFjeR575y5XACJhtrVf9yfjR
Will send to 181TQJfi6aJGQr1p9bjTafmTSkoYBtzYvu, is that okay?

The 14 BTC makes no sense.  It does not cover the principal, let alone the repayment amount.  Why did you not pay this one off entirely?

johnthedong, did you change the terms of the loan?

I was thinking about helping out (with some restrictions, etc.) but I need to understand what just happened here.

Sorry for the delay in response i went to the store.

I sent 14 btc since i owed others in dragontales  too - john agreed this was o.k.
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January 24, 2012, 01:52:32 AM
 #19

Please completely fill out and/or correct this "loan application form".  I have started it for you.  You can either post it here in public (better) or PM me.  Include all BTC loans:

Code:
Who is owed   Total amount owed   Repayment address
-----------   -----------------   ----------------------------------
jfreak53                22.0000   1PuqE7vvb5DpdEMH7j3EM5PgT3JkFfCZoK
johnthedong              4.0000   18c8oXmyvfAFjeR575y5XACJhtrVf9yfjR

-----------   -----------------
Total

Our family was terrorized by Homeland Security.  Read all about it here:  http://www.jmwagner.com/ and http://www.burtw.com/  Any donations to help us recover from the $300,000 in legal fees and forced donations to the Federal Asset Forfeiture slush fund are greatly appreciated!
rexcoin
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January 24, 2012, 02:04:25 AM
 #20

Please completely fill out and/or correct this "loan application form".  I have started it for you.  You can either post it here in public (better) or PM me.  Include all BTC loans:

Code:
Who is owed   Total amount owed   Repayment address
-----------   -----------------   ----------------------------------
jfreak53                22.0000   1PuqE7vvb5DpdEMH7j3EM5PgT3JkFfCZoK
johnthedong              4.0000   18c8oXmyvfAFjeR575y5XACJhtrVf9yfjR

-----------   -----------------
Total

O.k here you go, and thanks.
Code:
Who is owed   Total amount owed   Repayment address
-----------   -----------------   ----------------------------------
jfreak53                22.0000   1PuqE7vvb5DpdEMH7j3EM5PgT3JkFfCZoK
johnthedong              4.0000   18c8oXmyvfAFjeR575y5XACJhtrVf9yfjR
PatrickHarnett        28.5000        17eSx2yRdrhcJ8kS1CmadfvAVf4QHCfUPE
DragonTales - (Bitcoiner14, Bitdrago)  3.0000        1AJLphLithbP5jPxgsKkfAe2vZ2nFrsaBL
-----------   -----------------
Total 57.5000

I still owe 2 people on DT as specified above.
Also just so you know im serious about paying back, im also creating a bitcoin homepage business maker, Which allows for people with no scripting knowledge to create a decent bitcoin accepting/sending website, for example with my website is possiable to create a small store with only 20 lines of code or a flip the coin game in 15 lines of code.

After its finished, i will sell the site, which should be in a week or so. afterwords you get the loans you paid for me + whatever interest.

This is just a backup, im still getting my ssi check and selling stuff on the forums. But things happen so which is why im doing this project.
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