Quote from: monbux on November 27, 2013, 11:23:44 PM

I told you so.

Yes you did.

Quote from: monbux on November 27, 2013, 11:23:44 PM

I guess he was just going for the ol' trust building scam then.

Things are more and more looking this way. Hopefully others will learn from my mistake.

Quote from: monbux on November 27, 2013, 11:23:44 PM

Bigger BTC amounts every time. Are you saying he did not respond to you in 10 days straight?

He didn't ask me for a bigger loan each time, just requested to extend the loan and paid the interest. Communication timeline looks a little something like this:

12th of november: said things were looking good and that he was planning to repay
14th of november: I reminded him that payment was due, but got no response
16th of november: I got in touch again, and he replied that the change in exchange rate had caught him by surprise. Also said he had money on 145fanp1ewBQB5syTU4LoXdSn8EBPqUSVG, but that it was not available to him then and there. He asked for 2 weeks to get things sorted, since he was sure that the price of Bitcoin would not continue to go up, even though I warned him that this was a very real possibility
28th of november: money transferred out of 145fanp1ewBQB5syTU4LoXdSn8EBPqUSVG, but not to me. For the record, I have no reason to believe these were in fact his funds.

A couple of days later he stopped appearing on Skype, probably because he blocked me. He has been on the bitcointalk forums since then, so I know he has been getting my PM's.

The reason I gave the loan is because it was my understanding that he had come across an arbitrage opportunity. I don't have collateral, and gave the loan based on the fact that I figured scamming me wouldn't be worth the loss in reputation.

The information I have about him is mostly based on his activity on this forum and from our communication on Skype. He uses 17Jjhm5rAWxM19cYm2ibpucWQpy6XfzpNi and 1CQHrpfRMRoLXHXnyiWqAVQEUqJqTWS6MU as his main addresses, and he has had funds to pay at least part of the loan since it expired, but chosen not to do so. I intend to send a 1 satoshi payment to these addresses with a link to this post if I see Bitcoin being transferred out of them without me receiving partial payment first.

His Skype name is eg.morph, and his birthday is 13. july 1994 according to his Skype profile. He also goes by the name elbashadodo and has been active on http://exchangemoneyforum.com/member.php/84980-elbashadodo. There are a couple of people on Facebook that go by the name Dodo Elbashado, but none that I can positively identify. He claimed to be studying Engineering in Cairo, so if a future employer googles him, hopefully this will show up.

Quote from: monbux on November 27, 2013, 11:23:44 PM

Lol, will scammer tag soon, the least you could do OP is post here with a great excuse why you didn't pay back yet.

Since there has been no communication for over two weeks, I think this is only fair. I would also be interested to hear what actually happened to the money and what went wrong. My only realistic option for getting my Bitcoin back is for him to decide to do the right thing. I am down 1 BTC compared to when I gave the initial loan since he paid interest during the first two weeks, but he still owes me 4 BTC in total. A payment of at least 1 BTC will make me break even, and will change my opinion of him from outright thief to unlucky arbitrator.

oys

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