And Ive continued to
make payments up until Christmas because of Christmas time and the very high price of btc.
Only now that the btc price is dropping fast that he decides to make this public nd accuse me of being a scammer - WTF. He has only posted a small portion of all our PMs.
19th October(last payment), somewhere celebrate Christmas? You said that need money to gift , you priority family needs, this honest behavior against Lender , when you later 3-4 month with repayment?
Next you already defame me! where you logic? why I not accuse you public when btc price was 19k in Dec. or 15-12k in Jan.? I do not disturbed you at all times that you set me, I awaited whole January, and only than I pm'ed you. Public accusation was only posted when you refuse to pay me at all.
Zazarbs behaviour =
Many positive trades, but also quite a few feedbacks in red.
Price of BTC starts to fall, the customer still cannot payment so he goes public.
On all business in his lending thread he is up.
Charges up to 365% interest (sickly high) on loans despite holding at times over 120% collateral (very minimal risk).
States he provides loans not as a business but as a service to this community
#Where you found feedback in red? I want see also.
#What kind of nonsense? How btc fail related to public scam accusation?
#Are you my accountant?
#365% interest ? where did you get that number? usual I charge 7-10% per month, you have exclusive condition and paid only 4-6%
#Within almost three years of activity, my service currently have around 7
BTC(without interest) outstanding/default loan.
I do not carry bookkeeping, but I doubt very much that this service is profitable at all.
Even I am in profit in my service , that it do not exempt you from obligation, among other things it would be unfair to all the others borrowers, who paying honestly.