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Title: buying items through amazon for bitcoin Post by: cxaxukluth on December 21, 2012, 07:03:52 AM i've got $150 of amazon gift credit available to purchase anything on the amazon website (excluding gift cards; amazon policy).
since i'm new to the trading game and have 0 rep, i'll go first. i'm not really sure what people usually expect, but i suppose you'd wait until the item is received until sending the bitcoins my way. we'll figure something out. ideally, i'm only interested in dealing with established people. PM me if you're interested. Title: Re: buying items through amazon for bitcoin Post by: koin on December 21, 2012, 07:24:07 AM since i'm new to the trading game and have 0 rep, i'll go first. i'm not really sure what people usually expect, but i suppose you'd wait until the item is received until sending the bitcoins my way. we'll figure something out. since amazon gift ecards are purchased with moneypak, this has been sometimes a problem. if you are willing to wait until the item is received, you are 100% at the mercy of the seller -- and you could get scammed that way. there are plenty of escrow providers that can be used: https://bitcointalk.org/index.php?topic=108716 here's good information: Quote When you trade OTC you engage in a transaction with people you possibly know nothing about. You may send your BTC to the person, and never get anything back. Or you may send your $currency to the person expecting BTC, and get nothing in return. This is a highly undesirable outcome for you, and you should do your best to guard against that. http://wiki.bitcoin-otc.com/wiki/Using_bitcoin-otc#Risk_of_fraudTitle: Re: buying items through amazon for bitcoin Post by: TheButterZone on December 21, 2012, 09:32:04 AM Lots of us are already trying to do proxy sales like this. It's hard as hell. Better off waiting for a WTB [something on Amazon that can actually be bought with gift credit] and pouncing on it.
Title: Re: buying items through amazon for bitcoin Post by: cxaxukluth on December 21, 2012, 04:23:41 PM since i'm new to the trading game and have 0 rep, i'll go first. i'm not really sure what people usually expect, but i suppose you'd wait until the item is received until sending the bitcoins my way. we'll figure something out. since amazon gift ecards are purchased with moneypak, this has been sometimes a problem. if you are willing to wait until the item is received, you are 100% at the mercy of the seller -- and you could get scammed that way. there are plenty of escrow providers that can be used: https://bitcointalk.org/index.php?topic=108716 here's good information: Quote When you trade OTC you engage in a transaction with people you possibly know nothing about. You may send your BTC to the person, and never get anything back. Or you may send your $currency to the person expecting BTC, and get nothing in return. This is a highly undesirable outcome for you, and you should do your best to guard against that. http://wiki.bitcoin-otc.com/wiki/Using_bitcoin-otc#Risk_of_fraudthanks. i had the thought of using an intermediary for the purpose of the buyer concealing their address from me, but i didn't think about using one as true escrow. Lots of us are already trying to do proxy sales like this. It's hard as hell. Better off waiting for a WTB [something on Amazon that can actually be bought with gift credit] and pouncing on it. roger. will do. |