₦airaland Forum

Kobo, am not paying him aside from the 420/$ that i have paid him, thats final i dont care if 1,000,000 people say i have pride or rude but i call it business ethics, u claim u lose 500k, i have over $100,000 Bitcoin calculate such loss that may be involved.
Elotpayment Admin
+13474585621

futurewise11:
Thank your star he's A trustworthy business man. This is business you win some and loose some.
I'm obviously against scam or encourage illegality, but foriegn currency business is a dicey market.accept your destiny and carry your cross.He even quoted the amount he's also loosing due to bitcoin/fx instability.
God bless our hussle.

Thank you my brother, God bless ur business

Yomieluv:
Elot,in as much we had transaction today,I must tell you the truth..I made mentioned that you are being called out on nairaland by one tooltip,and I called you to seek your explanation on the issue,even before stating the reason of WhatsApping you.

Agreement is agreement, no matter what,you don't determine another man's fate with your present situation. If it has been agreed,I see your action as changing the goalpost after the start of match..

I will implore you pay the balance as stated,and you can cancel further engagement, or start another new deal entirely. The initial agreement must hold,irrespective of the present state of your business.

I am also hot temper like you,but one thing I ensure is that I don't want any stain of scam,or criminality on my moniker.. Pls,pay to maintain your credibility.

This afternoon, I bought some $ from 3rnest brother,LPF,and my gtb app wasn't opening, I had to call him to beg to give me some time,or he sends me his wallet address, and I send back,just to ensure,I remove,and maintain my moniker from any stain,or scam thought.

Elot,pls a good name is better than gold..

I have the gold already, whennu buy BTC today, u bought $4,000 if i dont have that gold and trust, u wont buy even as the thread s hot then, i have sold well over $75k on nairaland today and i can mention those who bought it one after the other, i remain trusted and maintain my integrity anytime anyday, i have paid what i say iwill pay, if u want me to pay any other money aside from this, come and buy Bitcoin from me @ 525

followingdrite:
When HazzanTazzan and (Probably, Wamiikechukwu) said the fall in price of bitcoin can be due to other factors but, has MM m Crises as a major determinant (esp, here in 9ja), I quietly didn't agree but all I see now points to the truth in their statements. Even Elot, who resides in the US mentioned that 3 Ms crash is affecting his btc biz directly or indirectly.

My brother, no be lie, its really affecting, the higher the demand, the higher the price

now, the demand is low, price is crashing,

I still have over $20,000 @ 480/$

kennakarter:
Okay honestly I had to say something

The real cause of the gbese here is mmm . But majorly misunderstanding I'm sure tool tip just wanted to do business but went about it the wrong way. You don't just send money into someone's acc without confirmation first. But sometimes. Due to previous successfully doing that it might not seem like a big deal.

Elot I understand you are vexed. You are making good points and you know what you are saying but people don't like an arrogant man they will be against you weda you are right or wrong. So calm down my brother.

Like someone has said. This is business. You gain and loose sometimes. Like me.now . I have a lot of btc that I'm forced to sell at 480 and I normally sell at 520 and 530. But I have to sell for business and life to go on soon hopefully it will come back up. Sha someone should Coman pack my 4000 btc at 485 .
Sorry I had to chip that in

Thanks my brother, appreciate

because of those intellectuals that have taken their time to call me to solicit on ur behalf and those that i respect so much, Tope and the likes, i have paid him his money @ 420
Elotpayment Admin
+13474585621

onatisi:
Elot ,cool down,ppl understand ur point and anger but there are 2 parties involved here and we cant overlook the other party point of view too. Is there anyway you can raise at least half of the 5400 at 445,for these ppl? If there is ,then do it .then by Tuesday u pay the remaining half at 445

I wont pay @ 445 unless u can buy my bitcoin @ 525

buddyluv:
I don't agree with how elot interacted with tooltip. But you guys need to realize you can't dump funds in someone's account and expect to get your naira easy peasy not minding the consequences on the account holder. If Elots account is reported to the IRS for smurfing (small deposits to eventually get to $10k+ to avoid being triggered at the $10k threshold for cash deposits) what he will be paying back in taxes and the rigors of all that will be way more than 25x5400 naira. It's America, a country of Laws. And Wells Fargo can close his account and report him to chexsystems which could make it difficult opening another account. All the money in that account will be frozen and sent to him via check six weeks after. Do you have an idea of what it means not having access to your funds for six weeks in US? If mortgage and bills are directly debited from that account, then elot will have a migraine. So elot is in a tough spot. Mr Tooltip, you are a business man, learn to bite the bullet sometimes and move on. It's 100% your fault, and you need to take responsibility for that. Collect the 420 and face front. Talk to your "boys" that just deposit money in people's accounts.

Bro, u sabi alllll,
thanks

fulfilled2016:
[i][/i]

You could still tell it to his face that he is lying without INSULTING him

Meanwhile , all liars shall die and go to hell

dragnet:
Pride goeth before a fall abi no be so e dey inside "Chike and the River" ?
it's obvious tooltip has been pleading since but elot has been playing god.
No matter how this plays out, elot's credibility has a dent on it.

For ur village abi for ur mind?

dragnet:
it's disgusting and has all the prints of criminality on it.

Mind ur language, or better stay off

fulfilled2016:
No matter what, elot, learn to talk nicely.

How can i talk nicely when someone is saying he is funding my business, someone that has just sold less than $20,000 to me plus and minus,since he started selling dollars to me, i sell well over $50k everyday, ask around

WebContractor:
I wish to come in here.Concerning the Elot and Tooltip issue which is getting escalated as we speak.I gave tooltip the deal so tooltip is a middleman here.Please note that Elot.

In the past, we collect our payments in naira before making deposits into Accounts, But due to the several disappointments we ve had where the US payee defaults(due to communication gaps in a long chain), it becomes difficult to keep peoples money for long.So we prefer to do business with old customers.So Apologies if tooltip refused to deal with you or collect your money upfront.It's not entirely his making.

Back to the topic.Elot has received several payments from us via tooltip in the past.
Most times, these payments are delayed.For instance, if he requests for 5,000USD on Monday.We may deliver by thursday with payments in three tranches to the said amount.This is because we have to match him with someone willing to receive naira.

In this case, Elot requested for 19,000USD on Monday.We went ahead to match him up.$4000 USD was sent to his account on Wednesday.At this time, he did not inform us that he no longer needs money.

As usual, his payment were delayed.We assumed it was normal and went ahead to stake up our funds pending when his payments came.By Mid afternoon on thursday, we sensed that there was a problem because he out-rightly told tooltip, he wasn't going to pay for the 4,000 he received.By this time, we had already given out his account for payments of 5,400 USD and 9,000 USD respectively. We were able to call back the 9,000 payment but the 5,400 went through.


Several times in the past we have had to use our money to pay the depositors(on behalf of Elot) in order to protect our reputation.Yes, our reputation is important to us.

Ideally, we shouldn't have continued doing business with Elot since his payments were sometimes delayed for up to 72 hours.But he falls into the fortunate category of being one of the few old customers who own a Wells Fargo Account.

Here is his business model:
We pay dollars into his account
He purchases bitcoins with our money
Sells it to you guys and then remits to us.
At no interest to us.
Essentially, we fund his business.

During this process,he hardly communicates and always comes off as rude.Sure.We thought we could deal with that.
After reading all the chats, with tooltip,I think we may have underestimated the highly bigoted character that we are dealing with here.

I personally don't like bringing up issues on Nairaland and even persuaded tooltip to delay this matter for up to 24 hours.You are reading this here because he became rude and stopped communicating.

For those commenting out of ignorance, this is a very serious issue here.Elot is in US chilling out.I ve been out all day with a number of people settling the fights and trying to pacify the parties involved.Indeed it is more serious than you imagine.I haven't had the time do any other thing all day.

Just for the records this is where things stand.
(1). We sell dollars.Its not our business what you do with the dollars.We give you a rate.If it is fine by you,then we deal.
(2). We have told the owners of the fund(they reside in the US) to go and do their worst.We are not staking our money out this time.Whatever that means to you and your business, we have had enough.
3). You are taking a big risk and have already exposed yourself.We 've seen bigger businesses have issues because of similar issues.
4). This would never have gotten to nairaland if you learn to talk to people with a little respect.
5). The price of bitcoin has nothing to do with this.We did not share in your profit when the price was at its peak.
6). By stating the rate at which you will pay,don't you think that makes you look like an armed robber?.
7). There are more people involved in this business.We have dealt with people before.We will deal with you if we have to.
8. Anyone doing business with this guy is taking a huge risk.
9). We would never do business with you or your allies again.


For Solutions, this is what we propose
(1). Kindly refund us the said amount via a transfer or cash deposit to an account we will provide.
(2). Remit the money at the agreed rate of 445 today or latest tomorrow morning before 11am Nigerian time.
(3). Learn to talk to people nicely.

Please note that the more you delay or remain adamant,or incommunicado, you risk the depositor's reporting your account as a fraud in the US.We will do our best to manage the situation as we can.

And because of all these lies, i will not pay tooltip anymore, u must be crazy by saying u fund my business, Delgrove just spoke with me right now concerning this matter, that he also buy dollar from this same guy and sometime he will jut send slip that he has drop some dollars in his count, in the evening after he has reached limit for the day.
Listen and listen good, i am a bulk buyer, and i have bought from almost all the bulk buyers here on NL, they can testify to the amount i buy on daily bases. i dont need ur $4,000 to sustain my business.Meanwhile, u also mentioned that i ordered for $19,000, but was also a lie, u cant do $19,000 and u knew it, delgrove can testify to this, u that dont have money t all tell pple here u can upply $19,000 and that i orderd for $19,000, he sent the first $4,000 and i told him that price is dropping and my major buyers are into MMM and now that its crashing, shey are all selling thier bitcoin back to me, so, i dont even have money to pay for the $4,000 abut i will pay him because we have been dealing for just and that i started buying from tooltip is not up to 3 weeks, so how come u are the one funding my business, silly idiot.
Mind what u will say here, meanwhile i dont have anything to do with u because i didnt deal with u, u are just a stupid hired idiot.
I remain with my business decisions, i pay him next week Tuesday and @ 420.
Elotpayment Admin
+13474585621

Clone2020:
Me wey dey find dollars. Make I serve as arbitrator for this matter; Elot wire the money to my US Bank account today at the rate of 425/$ and I will fund Tooltip's naira account today. This solves two problems:
(1) Elot wouldn't have to withdraw the cash as the money will be sent you via email, phone or wire transfer to any US Bank of your choice. Also, the transaction wouldn't look suspicious as they can trace where the money is going to. Or you can send with your other accounts in bits.
(2) Tooltip wouldn't have to wait till next week to get back his money nor would he settle for a 420/$ exchange rate.

So, why cant u buy @ 445 but @ 425 and u want me to pay him @ 445, even as u need dollar desperately.,

Elot has spoken
I pay him on Tuesday and @ 420, no going back, this case as a settled as .....
Thanks to those whose reason in my actions, thanks to those that refuse to believe that my business decisions are bad
Elotpayment Admin
+13474585621
Bye

Singapore1:
Since you offered him to pay in btc can I collect the btc and pay tooltip in naira ?

Good, calculate $5,400 x 445
And I will give u in bitcoin @ 525/ $
Do ur calculations and let's deal
Or

Calculate $5,400 X 420
And I give u the bitcoin @480
Shikena

hardniola:
Mr elot...

Ok

surgebitcoin:
i want to buy 400.

meetme on whatsapp fast to get funded instantly

Meanwhile, i still have $28,000 Bitcoin to sell @ 480/$ for buyers of 500 and above
meet me fast,
thanks for the patronage

Phone: +13474585621

whats app: +13474585621

BBM: D1DD905F

SKYPE: ololade247

YAHOO MSGR: elotpayment

Elotpayment is the most trusted and reliable e-currency exchanger since 2004, a trial will convince you.

tooltip:
Thanks guys for your concerns

Elot I cannot accept payment at 420#/$...please just do a cash deposit for me in the usa...

Thats what u will get and nothing outside that, i dont do cash withdrawal from a business account, this is America.

Yomieluv:
i will buy at 525, lol...


Meet me for the other room jare,deal continues.....

You that just bought $4,000 from me @ 480/$ ?

justi4jesu:
I am with you on this don't worry. Let's call a spade a spade. Some will come and say you have pride now, like some have already said. One thing you should know on Nairaland, once you are a buyer or like they call it Popular, you automatically have pride in you.

1. He is 100% wrong for sending payments to your account without your consent even though you have been accepting it before now but no one knows tomorrow and exactly what has happened right now.

2. If tooltip needed the money urgently then he would have waited to confirm before sending you the payment. If you can instantly credit him with naira.

3. Some sellers don't care about you and your account, all they want is their naira once they send you funds, tooltip you just need to understand with elot if he says his account will be flagged if he withdraws the balance left in his account.

4. Tooltip be patient with him as he said he will send you the naira nextweek. I'm sure you won't want his account flagged so that you guys can continue tradng after this issue.

Thank you madam, well appreciated, Respect, as i have promised, he will get hos payment by Tuesday @ 420, gbam

Singapore1:
what you want to gain from it is what i dont know
dont even tell me to enter the wall cos i'm there already

@Singapore1, i will not send u to the wall, i have told Tooltip i will pay him next week Tuesday @420 eithr he likes it or not, if he doesnt like it, then he should come and buy my bitcoin @ 525, simple,i didnt request for the $5,400, have not even paid him for the first $4,000, why sending another $5,400

Osgilliat:
Exactly! He should just return the $ to him.. But elot don't want to risk his account being flagged if he withdrew the exact amount deposited to his account. Meanwhile, he should be able to withdraw part of it to settle tooltip this week. Half $ is better than none.

Non of u are looking into the area where i did not asked him to send the $5,400, meanwhile i have not paid for the previous $4,000 he sent when price start dropping, i will pay him #445 only if anyone here can buy Bitcoin from me at #525, if not, i have told him he will get the money next week @ 420, final

Meanwhile, i still have over $35,000 Bitcoin for sale @ 480/$
meet me fast for instant funding

Phone: +13474585621

whats app: +13474585621

BBM: D1DD905F

SKYPE: ololade247

YAHOO MSGR: elotpayment

Elotpayment is the most trusted and reliable e-currency exchanger since 2004, a trial will convince you.

onatisi:
But wait oo,why did u call the guy "armed robber"" just asking and dont tell me to "enter the wall" because I will come out

Well, am sorry for using that language for him but because he also knew that price has dropped and he should know that i wont buy dollar at that same old rate to sell bitcoin @ 480/$ , he asked me to send him bitcoin in exchange

dowjones:
Very eloquent explanation by Elot

There's a reason you have a large customer Base.

Thanks bro

izikjon:
LOL.... It's deep
One cannot report such cases to the authorities

Isaac, u are always making 1,000,000 sense, thanks

helpee:
i may not be as international as you are but YOU DIDNT TELL THE BANK YOU SELL BITCOIN and you are courting trouble with somebody who can report you to both the bank and the authorities. Instead of talking to him nicely , the tone of your chat was laced with pride. my point is this, if the guy report you to the authorities, what you are hiding from the bank and the IRS will be known and your account closed.More reason why you should de escalate issues

Meanwhile, i do other things here, he cant report me, i know my ways, leave all that to me, thats not part of the arguments bro, treat or comment on the matter not my matter

bdavis:
Bro, you said it all. Also@ tooltip, with the first episode, you should have sent out the word to stop all payment to his account. That would have prevented the second episode.

In other news, please be careful when using 'escrow'. If someone tells you they are using bdavis or tabbaz for escrow, biko, check the number on their whatsapp and make sure it tallies with their nairaland signature. Drop the 'escrow' , security code for him to quote you with on nairaland.

Buyers and sellers, biko shine una eye...formats are springing up. Be careful, be very careful, be very very careful.

Itold him that the price is crashing and i cannot even pay for the first $4,000 he sent to me right now, i have not even paid for the $4,000 then he went ahead to deposit another $5,400 which i didnt ordered for, meanwhile he knows the price still keep crashing, meaning that no one is buying from him at the old rate, only if he can buy Bitcoin from me too @ 525, then i willpay him at old rate

izikjon:
I think elot dint order for the 5400 dollars going by the below screen shot.... It was sent without his consent.

But elot, since you never demanded for it... Why don't you send the payment back... Punishment kinda.

Seems "enter the wall" is the new slangs now for swerve.

Isaac, thank u for better reasoning

Hello all,Thanks for those that have seen this report about me and have taken time to call or send whatsapp mesages to hear my part of the story, also thanks to those that have concluded and crucify me even b4 hearing my part of the story, and to those who are here folowing this report about elot. God bless u all.
Main story..............
1. Elot has been buying dollars from Tooltip over the time and i have been using this dollars to buy bitcoin on daily bases, i buy dollars also from other NLders and including Shinaf etc and i pay after i get the dollars.
2. Tool tip did not inform me b4 sending the first $4,000 to my account on Tuesday for us to agree on maybe a new rate as bitcoin price is falling, but because he has sent it, i told him i dont have money to pay him that day that i will be paying him on thursday, he grumbled but has no choice.
3. By this time, i was not buying dollar anymore because MMM crashed on that tuesday and many of my customers are also selling bitcoin back to me, that made me to have over $78,000 bitcoin and was looking for how to pay all customers that are selling back to me, meanwhile i have over 110,000 customers, imagine the number of sellers that i will be having, that remain the reason why i have never posted that i want to sell Bitcoin on NL, i have too many customers that i have built over the years (2004-2016) not a joke.
4. Meanwhile, by Wednesday when i have over $100,000 bitcoin in my account,Tooltip called me to ask for the money for his $4,000 and i told him i still dont have that he should still be patient with me that i still dont have the money, only for me to wake up on thursday morning again for tooltip to drop a deposit slip on my whatsapp that he has dropped another $5,400 in my account and i told him, well since i was not informed and i have not paid u for the previous, there is nothing i can do, u have to queue for the payment but this time not at that previous rate because, we all know what the price of bitcoin was last week and now , i am selling @ 4805.
meanwhile, he will be sending me series of messages in every 1 hour for me to pay, telling me i am pushing him to the wall, that's why i said he should enter the wall.
5.He asked me to either return the $$$ or i send im Bitcoin, which is not reasonable, my account is a limited account, because of fraud, moreso, here in America, if cash deposit was made in ur account and u withdraw same from ur account, it make it look like Money lundry and such account is prone to verification, meanwhile, bitcoin is not what i told the bank that i am sellling because of TAX, only international pple will understand this
6. I have not cooked all these stories but they are genuine as they are, if u noticed, i have not come here to advertise to buy Anything since i have been here, i only come here to buy any amount that anyone here has for sale, i have my customers, not a brag, but its God, pls try to reason along with me.
7. My decisions on Tooltip and reasons are as follow;
a. i did not tell him to send the first $4,000 even when the price is fallen, i still paid today
b. the second $5,400 was deposited in my account because no one is ready and willing to buy at that old rate as price is falling
c. i did not still say am not paying him but paying him next week and @420
d. I am not a scam, and did not plan to scam him, but will pay him next week @ 420, thats all

Fellow NLaders, here are my 7 points and explanations.
Elotpayment Admin
+13474585621

AleAirHub:
$10000BTC Wanted.....

Rate: N475-N480....

Only quote me if you game

contact me i have for u