To the people I owe - Part 2.

[rexcoin]

I have to say, I almost gave up on you, rexcoin! It took courage to come back, and I respect you for that.

Thank you Maged, yea as i said im sorry it took me so long to respond, but i will start to pay back on march 1st, and the latest i will pay back fully is april 1st, but i doubt it will take that long, also i stoped gambling for 1 month online and offline, so i am really happy for that.

Thanks to all the lenders who were patient, i will keep you guys updated, and this im 99.99% sure wont happen again, I will update you guys on the first of march when i send payments!

[Maged]

-----BEGIN PGP SIGNED MESSAGE-----
Hash: SHA1

Rexcoin, on February 27, 2012, has agreed to send the payments to me at 1C61VvoPrRfGzi6jA8C3VAmj7S97t6kNe8, putting me in charge of distribution.
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Now, most distributions like this in the past have been a straight up percentage-based split. Is that what you guys want me to do?

Another option is to pay out in the order the loans were taken out. This method also makes sense, because later lenders knew of the higher risk, whereas the earlier ones didn't.

The payout method will be decided by a 2/3 vote of the lenders (of which I am told there is only three). Of course, you can always suggest another method. If there is no 2/3 consensus by the time I receive the first funds, I'll default to the percentage-based split option until there is an agreement otherwise.

[rexcoin]

-----BEGIN PGP SIGNED MESSAGE-----
Hash: SHA1

Rexcoin, on February 27, 2012, has agreed to send the payments to me at 1C61VvoPrRfGzi6jA8C3VAmj7S97t6kNe8, putting me in charge of distribution.
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Now, most distributions like this in the past have been a straight up percentage-based split. Is that what you guys want me to do?

Another option is to pay out in the order the loans were taken out. This method also makes sense, because later lenders knew of the higher risk, whereas the earlier ones didn't.

The payout method will be decided by a 2/3 vote of the lenders (of which I am told there is only three). Of course, you can always suggest another method. If there is no 2/3 consensus by the time I receive the first funds, I'll default to the percentage-based split option until there is an agreement otherwise.

Thanks so much!

[Maged]

As of now, this is my repayment chart. If either side sees any inconsistencies, please let me know ASAP.

Code:

USERNAME -------- REPAYMENT AMOUNT ---- BITCOIN ADDRESS
ineededausername     25 Bitcoins        1Jy3vqmq9pSS8XgrtYfrbuz3GV2xKTb2x6

ptd		     21.1 Bitcoins      1H5sniC9u3CCFra7EVFuVcNoio8rDLmPFT

slider1978	      6.5 Bitcoins	1QAywNshfR2CpLkFZAMAEstWjTBdiiVSsC

[slider1978]

That info is correct for me, I vote for % based repay as I feel it's the fairest way to ensure at least some re-payment to all.

[Maged]

Updated table:

Code:

USERNAME -------- REPAYMENT AMOUNT ---- BITCOIN ADDRESS
ineededausername     30 Bitcoins        1Jy3vqmq9pSS8XgrtYfrbuz3GV2xKTb2x6

ptd		     23.25 Bitcoins     1H5sniC9u3CCFra7EVFuVcNoio8rDLmPFT

slider1978	     6.75 Bitcoins 	1QAywNshfR2CpLkFZAMAEstWjTBdiiVSsC

Rexcoin added a late fee for you guys. Please ensure that your address and amount are accurate.

[ineededausername]

Updated table:

Code:

USERNAME -------- REPAYMENT AMOUNT ---- BITCOIN ADDRESS
ineededausername     30 Bitcoins        1Jy3vqmq9pSS8XgrtYfrbuz3GV2xKTb2x6

ptd		     23.25 Bitcoins     1H5sniC9u3CCFra7EVFuVcNoio8rDLmPFT

slider1978	     6.75 Bitcoins 	1QAywNshfR2CpLkFZAMAEstWjTBdiiVSsC

Rexcoin added a late fee for you guys. Please ensure that your address and amount are accurate.

confirmed

[RaggedMonk]

also i stoped gambling for 1 month online and offline, so i am really happy for that.

Congratulations.  I am sure it was not easy.  This post really shows you are moving in the right direction.  Hope to see follow through!

[rexcoin]

Well im selling a $65 money pak for bitcoins in which the bitcoins will go directly to maged - so i just hope that someone buys it so that i can start doing some payouts.

[Maged]

Having not received a reply from ptd, I'm going with the original information he provided, verifying the address (the post wasn't edited):

I'll lend you 20 BTC with the following repayments

Code:

10.3 BTC on 1st of Feb
11.9 BTC on 29th of Feb

Repayments to 1H5sniC9u3CCFra7EVFuVcNoio8rDLmPFT please.

Peter,

[BurtW]

Well im selling a $65 money pak for bitcoins in which the bitcoins will go directly to maged - so i just hope that someone buys it so that i can start doing some payouts.

Post the link to the thread where you are selling the money pak so it is easy to find.  Thanks.

[rexcoin]

Well im selling a $65 money pak for bitcoins in which the bitcoins will go directly to maged - so i just hope that someone buys it so that i can start doing some payouts.

Post the link to the thread where you are selling the money pak so it is easy to find.  Thanks.

Yea i forgot to do that, well it was sold though and maged got the bitcoins, so i still got alot of work to do - thanks!

[Maged]

Code:

USERNAME -------- PERCENTAGE ---- PENDING ---- PAID ----BITCOIN ADDRESS
ineededausername  50%             6.25 BTC     0 BTC    1Jy3vqmq9pSS8XgrtYfrbuz3GV2xKTb2x6

ptd		  38.75%          4.84375 BTC  0 BTC    1H5sniC9u3CCFra7EVFuVcNoio8rDLmPFT

slider1978	  11.25%          1.40625 BTC  0 BTC    1QAywNshfR2CpLkFZAMAEstWjTBdiiVSsC

[rexcoin]

Code:

USERNAME -------- PERCENTAGE ---- PENDING ---- PAID ----BITCOIN ADDRESS
ineededausername  50%             6.25 BTC     0 BTC    1Jy3vqmq9pSS8XgrtYfrbuz3GV2xKTb2x6

ptd		  38.75%          4.84375 BTC  0 BTC    1H5sniC9u3CCFra7EVFuVcNoio8rDLmPFT

slider1978	  11.25%          1.40625 BTC  0 BTC    1QAywNshfR2CpLkFZAMAEstWjTBdiiVSsC

Awesome - thanks maged!

[Maged]

Code:

USERNAME -------- PERCENTAGE ---- PENDING ---- PAID ------ BITCOIN ADDRESS
ineededausername  50%             0 BTC        6.25 BTC    1Jy3vqmq9pSS8XgrtYfrbuz3GV2xKTb2x6

ptd		  38.75%          0 BTC        4.84375 BTC 1H5sniC9u3CCFra7EVFuVcNoio8rDLmPFT

slider1978	  11.25%          0 BTC        1.40625 BTC 1QAywNshfR2CpLkFZAMAEstWjTBdiiVSsC

Current pending amount settled in txid f558b4196d32a41e8e3626afbaf061ba33439d1f3d7a33cb3653b6cf94b68ac9

Note: It was sent without a transaction fee, but I doubt you guys are in a hurry. If you want me to pay the fee in the future, let me know and I'll happily remove the transaction fee from your amount.

[rexcoin]

Thanks again,
Thing is i hope ptd is o.k, and i hope he gets the bitcoins, he has not been on for like 3 days i just hope that he comes online soon so he knows i am paying back.

Thanks again maged!

[Maged]

Once I'm told that the funds can be released by the current buyer...

Code:

USERNAME -------- PERCENTAGE ---- PENDING ------ PAID ------ BITCOIN ADDRESS
ineededausername  50%             2.5 BTC        6.25 BTC    1Jy3vqmq9pSS8XgrtYfrbuz3GV2xKTb2x6

ptd		  38.75%          1.9375 BTC     4.84375 BTC 1H5sniC9u3CCFra7EVFuVcNoio8rDLmPFT

slider1978	  11.25%          0.5625 BTC     1.40625 BTC 1QAywNshfR2CpLkFZAMAEstWjTBdiiVSsC

[rexcoin]

Once I'm told that the funds can be released by the current buyer...

Code:

USERNAME -------- PERCENTAGE ---- PENDING ------ PAID ------ BITCOIN ADDRESS
ineededausername  50%             2.5 BTC        6.25 BTC    1Jy3vqmq9pSS8XgrtYfrbuz3GV2xKTb2x6

ptd		  38.75%          1.9375 BTC     4.84375 BTC 1H5sniC9u3CCFra7EVFuVcNoio8rDLmPFT

slider1978	  11.25%          0.5625 BTC     1.40625 BTC 1QAywNshfR2CpLkFZAMAEstWjTBdiiVSsC

Thanks maged, hopefully they come back online soon to confirm as i pm'ed them the card details.

[Maged]

Code:

USERNAME -------- PERCENTAGE ---- PENDING ---- PAID ------ BITCOIN ADDRESS
ineededausername  50%             0 BTC        8.75 BTC    1Jy3vqmq9pSS8XgrtYfrbuz3GV2xKTb2x6

ptd		  38.75%          0 BTC        6.78125 BTC 1H5sniC9u3CCFra7EVFuVcNoio8rDLmPFT

slider1978	  11.25%          0 BTC        1.96875 BTC 1QAywNshfR2CpLkFZAMAEstWjTBdiiVSsC

Current pending amount settled in txid 1deaf70d928516bcec154cee9f0b19d325e40f699ac791215ea73722b34f6d5b

Note: It was sent without a transaction fee, but I doubt you guys are in a hurry. If you want me to pay the fee in the future, let me know and I'll happily remove the transaction fee from your amount.

[Maged]

Code:

USERNAME -------- PERCENTAGE ---- PENDING ---- PAID -------- BITCOIN ADDRESS
ineededausername  50%             0 BTC        16.25 BTC     1Jy3vqmq9pSS8XgrtYfrbuz3GV2xKTb2x6

ptd		  38.75%          0 BTC        12.59375 BTC  1H5sniC9u3CCFra7EVFuVcNoio8rDLmPFT

slider1978	  11.25%          0 BTC        3.65625 BTC   1QAywNshfR2CpLkFZAMAEstWjTBdiiVSsC

Current pending amount settled in txid c2d4123173c92a486467eb7634ba760303049df917dceef0c06aa0ed10f33364

Note: It was sent without a transaction fee, but I doubt you guys are in a hurry. If you want me to pay the fee in the future, let me know and I'll happily remove the transaction fee from your amount.