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Author Topic: Seeking 300 BTC Loan  (Read 5407 times)
alexmat
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July 21, 2012, 06:11:36 PM
 #21

The term on the loan was extended one week, I should have posted here sooner. Jake has been communicating well and right now we are on track for a pay off date of July 27th. Will post an update next Friday.

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brb keeping up with the Kardashians


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July 22, 2012, 12:34:50 AM
 #22


pretty sure he used to have a scammer tag


He did.

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July 28, 2012, 03:27:57 PM
 #23

The term on the loan was extended one week, I should have posted here sooner. Jake has been communicating well and right now we are on track for a pay off date of July 27th. Will post an update next Friday.

So what happened?
terrytibbs
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July 28, 2012, 03:35:05 PM
 #24

The term on the loan was extended one week, I should have posted here sooner. Jake has been communicating well and right now we are on track for a pay off date of August 3rd. Will post an update next Friday.
John (John K.)
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Will read PM's. Have more time lately


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July 29, 2012, 05:33:59 AM
 #25

The term on the loan was extended one week, I should have posted here sooner. Jake has been communicating well and right now we are on track for a pay off date of August 3rd. Will post an update next Friday.
Trololol?  Huh

My BTC Tip Jar: 1Pgvfy19uwtYe5o9dg3zZsAjgCPt3XZqz9 , GPG ID: B3AAEEB0 ,OTC ID: johnthedong
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alexmat
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August 02, 2012, 05:53:14 PM
 #26

Loan update: Jake is not able to repay the loan in full at this time, however, we have setup a payment plan and he is working to pay it off over time. I will update the thread as payments come in to reduce the principal on the loan.

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August 02, 2012, 08:12:53 PM
 #27

I predicted this one!

BadBitcoin (James Sutton)
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August 02, 2012, 08:30:33 PM
 #28

Loan update: Jake is not able to repay the loan in full at this time, however, we have setup a payment plan and he is working to pay it off over time. I will update the thread as payments come in to reduce the principal on the loan.

not sure why you decided to go for a lump sum return on this one, I'd have gone for weekly paybacks, but I guess hindsight is 20/20.
ineededausername
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bitcoin hundred-aire


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August 02, 2012, 09:10:04 PM
 #29

lol, he shouldn't have borrowed in the middle of a huge rally.

(BFL)^2 < 0
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August 02, 2012, 09:13:14 PM
 #30

still getting any?

my address :18TTx6qBr2LTiyRu6SuLDX1SFwDCQyeJRC
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August 02, 2012, 09:31:54 PM
 #31

I predicted this one!



He probably isn't a scammer, think about it, unless he is doing any other kind of transaction with that user in this forum, he would just stop replying to PMs.

Unless he hasn't done any payments, in that case he's probably a scammer.
alexmat
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August 03, 2012, 06:28:48 AM
 #32

Loan is now frozen at 326.4. I will not charge any further interest.

First repayment of 14.35 has come in. Remaining debt is now 326.4 - 14.35 = 312.05 BTC

Jake is communicating well and is determined to pay off his debt. I will continue to update as the debt is paid off.

@@ BM-2cStAtc2gJmss5gr1EX8sQj3LvaaPFW2Zn @@
Jake
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Happy New Year!


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August 03, 2012, 08:15:13 AM
 #33

I am not here to scam, last thing I need is Alex coming by my house with the ol' baseball bat. If I was here to scam, I would ignore his PM's and cut off communication - which I haven't.

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August 03, 2012, 10:20:21 AM
 #34

lol, he shouldn't have borrowed in the middle of a huge rally.

Well that is unfortunate and unpredictable.

Borrowing bitcoins for fiat projects has this risk, and it is large while bitcoin is undervalued, which I believe it is.  I think both borrowers and lenders are vastly underestimating it; recalibration seems to be taking a while.
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August 03, 2012, 11:13:10 AM
 #35

Loan is now frozen at 326.4. I will not charge any further interest.

First repayment of 14.35 has come in. Remaining debt is now 326.4 - 14.35 = 312.05 BTC

Jake is communicating well and is determined to pay off his debt. I will continue to update as the debt is paid off.

That's a nice thing for you to do, maybe I'm an usurer Tongue
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August 03, 2012, 12:13:28 PM
 #36

Loan is now frozen at 326.4. I will not charge any further interest.

First repayment of 14.35 has come in. Remaining debt is now 326.4 - 14.35 = 312.05 BTC

Jake is communicating well and is determined to pay off his debt. I will continue to update as the debt is paid off.

That's a nice thing for you to do, maybe I'm an usurer Tongue
There's wanting profit and then there's ruining a person unnecessarily.   

Shadow383
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August 03, 2012, 02:16:38 PM
 #37

I am not here to scam, last thing I need is Alex coming by my house with the ol' baseball bat. If I was here to scam, I would ignore his PM's and cut off communication - which I haven't.
I guess my question would be: Why did you want to borrow cash at an effective rate of 258,000% APR?
alexmat
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August 04, 2012, 07:37:25 PM
 #38

Received 4.36BTC.

New balance: 307.69 BTC

@@ BM-2cStAtc2gJmss5gr1EX8sQj3LvaaPFW2Zn @@
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August 04, 2012, 08:20:25 PM
 #39

I am not here to scam, last thing I need is Alex coming by my house with the ol' baseball bat. If I was here to scam, I would ignore his PM's and cut off communication - which I haven't.
I guess my question would be: Why did you want to borrow cash at an effective rate of 258,000% APR?

Probably because it was the cheapest capital he had access to.

If this post was useful, interesting or entertaining, then you've misunderstood. 1N6rmaDiPf8ke3mx8217NykAMDZXkX713x
AndrewBUD
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August 04, 2012, 11:24:39 PM
 #40

Anyone ever got their head pounded over a BTC loan yet?

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