Rum152
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Activity: 147
Merit: 100
www.secondstrade.com - 190% return Binary option
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January 18, 2015, 09:51:48 PM |
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So if you are not willing to explain the risks or even point them out are you willing to admit that there are not actually any risks on your end regarding giving the collateral to escrow for the duration of the loan?
Think what you like if you can't be bothered to read, quote, or 'accept' what has been told because 'it isn't in a way you find understandable'. No one other than you said there are no risks on part of both parties  Squeal 'fiction' all you want if you can't reason with facts. It's obvious you are just desperate to get the last word in with inane excuses after piping up with your mouth carelessly in other people's business  Nope. I want to make sure that all the facts are accurately presented. You are clearly trying to misrepresent the facts to get terms to be more beneficial to you. Some people would probably consider this to be scamming |
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Honeypot (OP)
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January 18, 2015, 09:59:13 PM |
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So if you are not willing to explain the risks or even point them out are you willing to admit that there are not actually any risks on your end regarding giving the collateral to escrow for the duration of the loan?
Think what you like if you can't be bothered to read, quote, or 'accept' what has been told because 'it isn't in a way you find understandable'. No one other than you said there are no risks on part of both parties Squeal 'fiction' all you want if you can't reason with facts. It's obvious you are just desperate to get the last word in with inane excuses after piping up with your mouth carelessly in other people's business Nope. I want to make sure that all the facts are accurately presented. You are clearly trying to misrepresent the facts to get terms to be more beneficial to you. Some people would probably consider this to be scamming 'Accurate' only if it is on your terms, while facts are facts no matter your feelings All the while ignoring everything you want to deny. Bitch mind at work here |
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Rum152
Full Member
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Activity: 147
Merit: 100
www.secondstrade.com - 190% return Binary option
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January 18, 2015, 10:14:02 PM |
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Here is the thing: you cannot accept that your loan is a scam. Despite the fact that it has been proven to be as such. You refuse to give any evidence that you will be at risk by giving your collateral to escrow.
You are offering an illiquid altcoin as collateral and are demanding that you receive the entire bitcoin value of it as a loan.
You are refusing to allow the lender sell the collateral if the value becomes too low
The chances of any lender being repaid are directly tied to the future value of NOBL when the loan comes due.
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Honeypot (OP)
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January 18, 2015, 10:39:11 PM |
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Here is the thing: you cannot accept that your loan is a scam. Despite the fact that it has been proven to be as such. You refuse to give any evidence that you will be at risk by giving your collateral to escrow.
You are offering an illiquid altcoin as collateral and are demanding that you receive the entire bitcoin value of it as a loan.
You are refusing to allow the lender sell the collateral if the value becomes too low
The chances of any lender being repaid are directly tied to the future value of NOBL when the loan comes due.
HAHAHA now we are down to you saying 'SCAMMM' when obviously you are just trying to bitch and moan about an argument. Now that is an interesting, delusional claim I have set even looser conditions in the past for all my loans, and what a surprise, they are all repaid in full I have already explained above why risks and benefits exist for both sides, and no one is disputing this fact aside from you who want to squeal 'scam' in an effort to bitch at a deal that you have no place mouthing off about with your 'opinions' (just an excuse to bitch as anyone can see - no one gave you permission to do so in someone else's business because you got a mouth to work with) I am offering a collateral in an asset that has endured past longer than a year, certainly longer then you have been here, while surviving attacks and accusations from all quarters by a publicly known developer with identity revealed since day 1. In the mean time, you talk about secondstrade with '190% returns'. LOL Volatility of the market would make liquidation arrangement too risky unless specific terms are agreed upon, and I have worked with individual clients about adding additional collateral in a way we both agree on, which you obvious got no place voicing yourself. Chances of lender being repaid, thus far with many of my other loans, have been 100%, no less I can't say the same for your own 'business' never mind lack of any honest dealing in your part. Give us more excuses if you want. Keep bitching some more and let's hear you squeal |
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Rum152
Full Member
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Activity: 147
Merit: 100
www.secondstrade.com - 190% return Binary option
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January 18, 2015, 11:30:20 PM |
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HAHAHA now we are down to you saying 'SCAMMM' when obviously you are just trying to bitch and moan about an argument. No. I am pointing out specific facts about your loan request. My previous post did not mention the word 'scam' you reached that conclusion by yourself. Now that is an interesting, delusional claim I have set even looser conditions in the past for all my loans, and what a surprise, they are all repaid in full In what ways were other conditions you set for your previous loans looser? Your other loans were repaid because the value of your shitcoin did not decline in value. I have already explained above why risks and benefits exist for both sides, and no one is disputing this fact aside from you who want to squeal 'scam' in an effort to bitch at a deal that you have no place mouthing off about with your 'opinions' (just an excuse to bitch as anyone can see - no one gave you permission to do so in someone else's business because you got a mouth to work with) No you have not. You have explained zero risks that you are taking on. I am offering a collateral in an asset that has endured past longer than a year, certainly longer then you have been here, while surviving attacks and accusations from all quarters by a publicly known developer with identity revealed since day 1. --snip- So you are saying that people are actively trying to attack your scam coin while you are giving it up as collateral? Don't you think that might be something you might want to disclose to potential lenders? If an attacker were to become successful then the price of NOBL would probably decline. Volatility of the market would make liquidation arrangement too risky unless specific terms are agreed upon, and I have worked with individual clients about adding additional collateral in a way we both agree on, which you obvious got no place voicing yourself. This is why you offer collateral equal to at least 120% of the amount of the loan. This allows there to be some level of volatility in the market without forcing the liquidation of your shitcoin. Chances of lender being repaid, thus far with many of my other loans, have been 100%, no less Anyone who makes this kind of claim is lying. And is probably a scam |
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Honeypot (OP)
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January 19, 2015, 12:16:16 AM |
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HAHAHA now we are down to you saying 'SCAMMM' when obviously you are just trying to bitch and moan about an argument. No. I am pointing out specific facts about your loan request. My previous post did not mention the word 'scam' you reached that conclusion by yourself. Now that is an interesting, delusional claim I have set even looser conditions in the past for all my loans, and what a surprise, they are all repaid in full In what ways were other conditions you set for your previous loans looser? Your other loans were repaid because the value of your shitcoin did not decline in value. I have already explained above why risks and benefits exist for both sides, and no one is disputing this fact aside from you who want to squeal 'scam' in an effort to bitch at a deal that you have no place mouthing off about with your 'opinions' (just an excuse to bitch as anyone can see - no one gave you permission to do so in someone else's business because you got a mouth to work with) No you have not. You have explained zero risks that you are taking on. I am offering a collateral in an asset that has endured past longer than a year, certainly longer then you have been here, while surviving attacks and accusations from all quarters by a publicly known developer with identity revealed since day 1. --snip- So you are saying that people are actively trying to attack your scam coin while you are giving it up as collateral? Don't you think that might be something you might want to disclose to potential lenders? If an attacker were to become successful then the price of NOBL would probably decline. Volatility of the market would make liquidation arrangement too risky unless specific terms are agreed upon, and I have worked with individual clients about adding additional collateral in a way we both agree on, which you obvious got no place voicing yourself. This is why you offer collateral equal to at least 120% of the amount of the loan. This allows there to be some level of volatility in the market without forcing the liquidation of your shitcoin. Chances of lender being repaid, thus far with many of my other loans, have been 100%, no less Anyone who makes this kind of claim is lying. And is probably a scam Here is the thing: you cannot accept that your loan is a scam. Despite the fact that it has been proven to be as such. You refuse to give any evidence that you will be at risk by giving your collateral to escrow.
Now this bitch can't even remember what he wrote few minutes ago LOL Only for this bitch, he is to lend twice the amount for half the collateral so mitigate my risks and potential loss of profits should btc tank below 100 and collateral double within the next few months Fair's fair, eh? |
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Rum152
Full Member
Offline
Activity: 147
Merit: 100
www.secondstrade.com - 190% return Binary option
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January 19, 2015, 12:34:45 AM |
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You had already responded to that message so I don't know why you would quote the message after that and respond to a prior message.
If you were taking out a fiat based loan then yes the borrower would need to provide more bitcoin then the value of the loan you are taking out. If the price of bitcoin were to fall then to repay the same amount of dollars then he would need to give the lender more bitcoin then he received.
That is not however what is being discussed here. We are discussing you taking out a bitcoin based loan and the need to provide something greater then the value of the amount of your loan in order to protect the lender. Any lender that accepts otherwise would be stupid
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Honeypot (OP)
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January 19, 2015, 01:03:19 AM |
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You had already responded to that message so I don't know why you would quote the message after that and respond to a prior message.
If you were taking out a fiat based loan then yes the borrower would need to provide more bitcoin then the value of the loan you are taking out. If the price of bitcoin were to fall then to repay the same amount of dollars then he would need to give the lender more bitcoin then he received.
That is not however what is being discussed here. We are discussing you taking out a bitcoin based loan and the need to provide something greater then the value of the amount of your loan in order to protect the lender. Any lender that accepts otherwise would be stupid
The most amusing, easy meat anyone has seen in a long while Keep winding yourself and chase your own tail, not to mention you discuss semantics while just hiding behind your 'logic' LOL 'looser' what are you michael moore? I was under the impression that this forum discouraged children, but 20 somethings these days behave as teens, so you are excused for your behavior Your ulterior motives and weak motives are too obvious haha |
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Rum152
Full Member
Offline
Activity: 147
Merit: 100
www.secondstrade.com - 190% return Binary option
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January 19, 2015, 01:25:24 AM |
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I am going to ask this again. Are you actually reading what I am saying or are you just dishing out random insults? You did not address a single issue/concern that I mentioned in my previous post.
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Honeypot (OP)
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January 19, 2015, 02:57:09 AM |
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I am going to ask this again. Are you actually reading what I am saying or are you just dishing out random insults? You did not address a single issue/concern that I mentioned in my previous post.
You gotta speak for yourself once in a while. You haven't given a single valid answer to any one's questions, just deflections that warp the situation and facts. Go play elsewhere. Legitimate offers have little time for your bitching and arguing in something you have no place in. |
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Rum152
Full Member
Offline
Activity: 147
Merit: 100
www.secondstrade.com - 190% return Binary option
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January 19, 2015, 03:00:30 AM |
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I am going to ask this again. Are you actually reading what I am saying or are you just dishing out random insults? You did not address a single issue/concern that I mentioned in my previous post.
You gotta speak for yourself once in a while. You haven't given a single valid answer to any one's questions, just deflections that warp the situation and facts. Go play elsewhere. Legitimate offers have little time for your bitching and arguing in something you have no place in. I am confused??? Was that a yes or no to the reading my posts? You have not asked a single question that I have not addressed. You on the other hand are doing exactly what you claim me to be doing - deflecting my questions. |
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ScryptAsic
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January 19, 2015, 03:04:22 AM |
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I am confused. Is this offer still open or is it a confirmed scam? This really does look like a scam to me. Why would anyone want to buy 6+ BTC of your NobleCoin? Why are you suggesting to use some random escrow that has zero trade history on the forum? Whose twitter is this? |
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Honeypot (OP)
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January 19, 2015, 04:24:12 AM |
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I am confused. Is this offer still open or is it a confirmed scam? This really does look like a scam to me. Why would anyone want to buy 6+ BTC of your NobleCoin? Why are you suggesting to use some random escrow that has zero trade history on the forum? Whose twitter is this? The offer is still open. The collaterals are not up for 'sale'. They are collaterals, and this one individual rum152 is more or less outright lying just because he can't get a last word in. That escrow has recently opened, and is a preference. Of course, it does not have to be him - I am up for using maidak or any other escrow both parties can agree on. The twitter belongs to the suggested escrow, nothing more. I have no idea if you agree with the terms on the OP, but I would ask that you be careful with such accusations - nothing is a 'scam' because you do not find the terms to your advantage. If you want to find scams, there are plenty of threads out there in the btc talk right now All terms are a bit more generous and stringent and open then other successful loans I have completed in the past, in the amount greater than one I am offering right now. They are listed in the OP. Feel free to offer additional questions. |
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ScryptAsic
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January 19, 2015, 05:11:43 AM |
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I am confused. Is this offer still open or is it a confirmed scam? This really does look like a scam to me. Why would anyone want to buy 6+ BTC of your NobleCoin? Why are you suggesting to use some random escrow that has zero trade history on the forum? Whose twitter is this? The offer is still open. The collaterals are not up for 'sale'. They are collaterals, and this one individual rum152 is more or less outright lying just because he can't get a last word in. That escrow has recently opened, and is a preference. Of course, it does not have to be him - I am up for using maidak or any other escrow both parties can agree on. The twitter belongs to the suggested escrow, nothing more. I have no idea if you agree with the terms on the OP, but I would ask that you be careful with such accusations - nothing is a 'scam' because you do not find the terms to your advantage. If you want to find scams, there are plenty of threads out there in the btc talk right now All terms are a bit more generous and stringent and open then other successful loans I have completed in the past, in the amount greater than one I am offering right now. They are listed in the OP. Feel free to offer additional questions. I may be interested. I just have a few more questions. I do not agree using any new escrow service, that would honestly be dumb. Is the collateral NobleCoin? It appears that the escrow is heavily involved in NobleCoin; can you confirm your level of involvement in NobleCoin? Can you disclose your twitter account? |
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Honeypot (OP)
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January 19, 2015, 06:02:43 AM |
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I am confused. Is this offer still open or is it a confirmed scam? This really does look like a scam to me. Why would anyone want to buy 6+ BTC of your NobleCoin? Why are you suggesting to use some random escrow that has zero trade history on the forum? Whose twitter is this? The offer is still open. The collaterals are not up for 'sale'. They are collaterals, and this one individual rum152 is more or less outright lying just because he can't get a last word in. That escrow has recently opened, and is a preference. Of course, it does not have to be him - I am up for using maidak or any other escrow both parties can agree on. The twitter belongs to the suggested escrow, nothing more. I have no idea if you agree with the terms on the OP, but I would ask that you be careful with such accusations - nothing is a 'scam' because you do not find the terms to your advantage. If you want to find scams, there are plenty of threads out there in the btc talk right now All terms are a bit more generous and stringent and open then other successful loans I have completed in the past, in the amount greater than one I am offering right now. They are listed in the OP. Feel free to offer additional questions. I may be interested. I just have a few more questions. I do not agree using any new escrow service, that would honestly be dumb. Is the collateral NobleCoin? It appears that the escrow is heavily involved in NobleCoin; can you confirm your level of involvement in NobleCoin? Can you disclose your twitter account? I appreciate your interests. I will send you the pm with details |
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ScryptAsic
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January 19, 2015, 06:41:10 AM |
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I think I am going to pass on the loan. The OP is offering to give a value of his collateral the monthly average of 8 sats, while the current trading price is between 6 and 7 sats on the major exchanges and wants to get a loan for the entire value of the collateral based on 8 sats.
In other words he wants to get a loan while using collateral valued at between 75% and 87.5% of the principle of the loan.
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Honeypot (OP)
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January 19, 2015, 06:59:55 AM |
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I think I am going to pass on the loan. The OP is offering to give a value of his collateral the monthly average of 8 sats, while the current trading price is between 6 and 7 sats on the major exchanges and wants to get a loan for the entire value of the collateral based on 8 sats.
In other words he wants to get a loan while using collateral valued at between 75% and 87.5% of the principle of the loan.
Of course, we go by the monthly avg - that's a bit more than usual leeway since last time I loaned out with 2 week avg and it was almost 50% higher than monthly avg |
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ScryptAsic
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January 19, 2015, 07:03:05 AM |
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I think I am going to pass on the loan. The OP is offering to give a value of his collateral the monthly average of 8 sats, while the current trading price is between 6 and 7 sats on the major exchanges and wants to get a loan for the entire value of the collateral based on 8 sats.
In other words he wants to get a loan while using collateral valued at between 75% and 87.5% of the principle of the loan.
Of course, we go by the monthly avg - that's a bit more than usual leeway since last time I loaned out with 2 week avg and it was almost 50% higher than monthly avg Was the lender specifically made aware of the differences in price? I was not told until I specifically asked (after doing my research on the current price). |
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Honeypot (OP)
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January 19, 2015, 07:04:01 AM |
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I think I am going to pass on the loan. The OP is offering to give a value of his collateral the monthly average of 8 sats, while the current trading price is between 6 and 7 sats on the major exchanges and wants to get a loan for the entire value of the collateral based on 8 sats.
In other words he wants to get a loan while using collateral valued at between 75% and 87.5% of the principle of the loan.
Of course, we go by the monthly avg - that's a bit more than usual leeway since last time I loaned out with 2 week avg and it was almost 50% higher than monthly avg Was the lender specifically made aware of the differences in price? I was not told until I specifically asked (after doing my research on the current price). Yes. All terms were discussed and disclosed at the beginning of the discussions. Sent you another pm. |
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ScryptAsic
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January 19, 2015, 06:00:13 PM |
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Well I would normally provide that level of privacy to you, however ethically, I feel the need to disclose that kind of information because I feel that you are being somewhat misleading in your negotiations. I don't think failing to disclose the fact that the value you are giving your collateral is at least 10% more then the value currently given to it on exchanges is being transparent nor is a way to conduct business.
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