Second payment of 1000USD has been made to gsan. He has been paid a total of 2000USD. Please confirm gsan.

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I confirm receipt of $1,000 USD via Mt Gox code from Nckrazze. I consider his debt to me paid in full.

To be honest, I had completely written this off as I did all the other coins I lost to various deposit takers. The fact that Nckrazze took out a loan, made the money back and is now paying people their original deposit back says a lot about him as he could have very easily disappeared like everyone else. He certainly has my vote for removal of the scammer tag once he is done with the payouts.

Nope, rather this scenario is cool:

1- loan 10BTC to a swindler
2- learn how much pain and hard work debt collection is
3- get paid back the same amount you would get even if you had won a court case

In the end, I think it's apparent that nckrazze wasn't after scamming people, but rather an ordinary guy with questionable integrity. If I were him, I would have already sold my ass on the street to pay back my debt. Then again, because of that, I would be wary of operating such a service and wouldn't dare put all the depositors' money in pirate.

On the other hand, he did pay back is in the process of paying back. So ultimately, everyone learned their lessons here, we can move along.

This is obviously true, but it probably doesn't apply to this case. Nick got the money stolen (or at least that's the story), and he was able to pay back the sum converted to USD at the time of deposit (on average) thanks to volatility. If the price went down a lot, he would easily buy the same amount in BTC. And because the price went up, he bought the same amount in USD with the money he made by his remaining coins (which may be a lot more than he wants everyone to think). Neither would be possible if the price was stable (probably because considering both is not honest to begin with).

well long as you 'investors' are happy, thats all that matters I guess

Just find a few things are strange... like when we had to tell Nick he had 4 or 600btc (I forget) in his wallet.. and he didnt seem to relies.. and needed someones help to get it.. yeah umm oooooh kay...
The timing of everything is just odd... oh and the new car we suspect he bought.. but yeah.. I guess he lost it all to pirate... and then suddenly decided when BTC is incredibly high.. its time to pay back... its not likely at all he had BTC in reserves.. much more reasonable to think he just suddenly felt guilty


On a positive note, It is great to see that he is paying people back. Even though I suspect he profited greatly.. but yeah atleast he didn't do a runner like the other degenerates

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