Ninjastic
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Board Lending
Re: Loan Request: 0.65BTC, Collateral Included -- 10% Interest, 0.726BTC/7 Days
by
Argwai96
on 27/12/2014, 08:13:21 UTC
Quote from: moreia_alt on December 27, 2014, 08:02:20 AM
Quote from: Argwai96 on December 27, 2014, 07:56:32 AM
Am I the only person who has noticed that the OP is requesting increasingly large loans as soon as the previous loan has been repaid, while using the exact same collateral each time? This appears to be some kind of reputation building scam.

From what I have seen, senior accounts do not sell for .65
Every week I am paying developer fees, this is the second last loan until im done.
I have one more loan of .8BTC until ive gotten enough to pay all developer fees and then I am no longer in need of loans for this specific project Smiley
In other words you plan on repaying this loan then taking out another loan for .8 and running away. It does not make any sense to be continuously be taking out a new loan after the previous one has been repaid as you are doing. If you are really paying developer fees then you should just tell your dev that you will be a week late/behind on payment (as you are taking out weekly loans) then you would save on interest.

I am sorry to bitjack for calling him out on this right after you lent him money as this will increase the chance that he will not repay you