No it is not. You complain of rising BTC costs and the interest you AGREED to pay as a reason not to pay up, but that is not the lenders fault. He could have sold that BTC he loaned you for a nice profit now, you want him to lose the BTC? How is the lender wrong here? You are in the wrong having not followed the loan agreement. You are not new to BTC by a long shot but failed to protect yourself against volatility.
So you basically want him to forgive the loan and you skate off free and clear? Where is the reasoning behind this stance?
Instead of playing a blame/excuse game, why not get with the lender and work out an agreement to solve the only issue: the loan agreement.
Wow. I AM NOT playing a blame excuse game. YOU ARE.
All i am saying is that there has been NO dishonesty here. There has been NO scamming here.
Why even say 'he could have sold the btc for a nice profit'? That just proves what i am saying - the reality is EVERYTHING btc related is referenced back to $$'s. And currently i cannot afford the $$ to buy the btc because it is much higher than when the loan was taken out. Next week it could fall to $1000 again and all of this drama was for nothing as i could then afford to repay.
Does zazarb pay you at all? I write a very long and detailed post to you explaining things, and you just respond with a simple paragraph referring to blame/excuse. Can you not see deeper here?
Cheers