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3901  Economy / Currency exchange / Re: Want to buy 1.5 btc "INDIA" on: January 19, 2015, 01:23:54 PM
hello all ,

I want to buy 1.5 btc please post your offers !! and suitable payment methods !!


Exactly what sgk said.

I'd be willing to offer you good competitive rates for 1.5 BTC.

Message me when you are online.
3902  Local / Marketplace (India) / Re: Anybody selling Bitcoins? on: January 19, 2015, 01:11:52 PM
Cheers all.

Can you also mention whats your usual price (compared to Bitstamp)? A PM will do.

Done
3903  Economy / Speculation / Re: Is it possible that 1 BTC be worth $2,000 by the end of 2015? on: January 19, 2015, 01:01:46 PM
Bitcoin is now what? $470? Is it possible that bitcoin will reach that kind of worth a year and half from now?

Nobody knows for sure because nobody can see the future except Chuck Norris.
...

or Rajnikanth
3904  Bitcoin / Bitcoin Discussion / Re: Responsibility for double spend on: January 19, 2015, 12:22:41 PM

Conclusion :


-snip-


Glad to see everything sorted out; though I can't say you're the happy one here.

All that said, the mystery still remains for the transaction that vanished from block chain.


The mystery is a mystery and I need to dig more to figure out what went wrong, as turvarya pointed out earlier I didnt know any better.

But there is something that I strongly disagree which is bugging me since the last time I read it.

If you took a piece of art, and that art increased in value, you should still return the original piece of art.

This makes absolutely no sense, Bitcoin isnt a piece of art it is a currency!.
If someone accidentally paid me an amount I'd pay the amount back to them which they sent me by mistake, why should I be liable for the increase or decrease in the currency's purchasing power and why should I pay for it ?
3905  Economy / Services / Re: Mobile Recharge For Bitcoins on: January 19, 2015, 12:17:03 PM


this site is much better https://www.piiko.com/

lesser fees and trustfully

you can compare price yourself


Reference update :
Sold him INR 320 Amazon gv
Got 0.03 BTC

Order Details (Order #402-1188425-1005128)
------------------------------------------------------------
Gift Card, E-mail Delivery
Send to: rxxxxxxxxxl@gxxxl.com
Design: A For Amazon
Amount: Rs. 320.00
Quantity: 1
3906  Other / Off-topic / Re: Girlfriend of many years cheats on you, you end it and that night you do what?.. on: January 19, 2015, 11:10:19 AM
Curious to hear what you all would do (let the trolling, laughs, and funny jokes commence)!

Would you go get fucked up, cry, clubbing, go on a vacation....WHAT WOULD YOU DO!


Ps this happened to me last Friday. Went out with friends got fucked up, was somewhat depressed next day and yeah slowly moving on, unfortunately nothing to exciting. But that's where you guys come in!

Create a wax replica of her.

Take in in front of her house.

Bur it to the ground.

Post a video of it on Youtube.

#YouOnlyDieOnce
3907  Bitcoin / Bitcoin Discussion / Re: Responsibility for double spend on: January 19, 2015, 11:01:51 AM

Conclusion :


In the end Unocoin asked me to to wire the CURRENT value of 0.0182 BTC to their bank account.
The transaction is done from my part. They will create a custom buy order of 0.0182 BTC to reflect this INR transfer on the account.

Moral of the story is:
When you open an account with all your personal details submitted to an exchange; when you get free money on what is supposedly YOUR wallet designated by that exchange; on a network which is marketed as an irreversible mode of payment; You are basically handing these exchanges a leash tied to your neck which they can pull whenever they want and make you pay for their mistakes.
Dashingriddler is gonna have one great story to read when he comes home from his business trip.

I thank everyone who has taken their time to respond here and have consoled me to believe that this was the right thing to do.
I especially thank Danny and turvarya for assuming me to be an account stealer, a person with a despicable character, a thief, dishonest, unethical, immoral and a worthless customer and what not lol  Roll Eyes So go on Bitcoin exchanges!! Keep screwing over your customers.

On a serious note I do thank them for their valuable contribution towards resolving this issue and making me comply to do the right thing to do. Dont construed my sarcasm to be anything other than just entertaining words. I do not hold a grudge over this issue and will continue to support Unocoin.
3908  Bitcoin / Bitcoin Discussion / Re: Responsibility for double spend on: January 19, 2015, 10:14:40 AM
Just spoke to the lady on the cell Coinmonk had listed on their google listing (Not the Tollfree number).

She said they will let me know what to do soon.

Lets hope soon comes sooner than later cuz I gotta be somewhere else 'soon'.
3909  Bitcoin / Bitcoin Discussion / Re: Responsibility for double spend on: January 19, 2015, 10:06:21 AM
I cant send them the 0.0182, their site's minimum purchase is capped at $16

Contact them or that lady on Skype and tell them to give a repayment address.

   ~~MZ~~


The lady was on phone, Sathvik is on skype.
All (including their toll-free number) are unresponsive for the time being.
3910  Bitcoin / Bitcoin Discussion / Re: Responsibility for double spend on: January 19, 2015, 09:59:24 AM
I am going to give them a call and ask them what I need to pay them for their mistake and resolve this issue.

Will update in a few minutes.
3911  Bitcoin / Bitcoin Discussion / Re: Responsibility for double spend on: January 19, 2015, 09:55:39 AM
0.0182 at current market value costs more than what it did 2 days ago.

Then you shouldn't have taken the withdrawal of those bitcoins.

And as seeing how I cant withdraw those 0.0182 BTC from BTCJAM, I'd have to resort to wiring them the money.

You should send the 0.0182 BTC.  That is what you took, that is what you owe them.

I cant send them the 0.0182, their site's minimum purchase is capped at $16
3912  Bitcoin / Bitcoin Discussion / Re: Responsibility for double spend on: January 19, 2015, 09:46:31 AM
I am not sure, if I really got the whole story, but what you describe at first has nothing to do with a double spend. Double spend doesn't mean, that you get paid twice. The second story also doesn't make much sense.
So, my guess is, that you are spreading FUD, maybe it is even a account, you bought, since you are lacking basic knowledge of Bitcoin

lol Unocoin accounts cant be bought, due to laws in India every account holder has to adher to strict KYC policies hence when I created the account on Unocoin I had my Passport / Telephone bill / Photo submitted and verified.

The first 'story' is related to the 'Unocoin' story because both are issues that deal with 'double spend'.

If I dont understand the basics of Bitcoin, I'd humbly request you to enlighten me.
https://en.bitcoin.it/wiki/Double-spending

You have completely missed the point my friend.
My point is, that you are using the term "double spend" wrong at least in the first story.

I am just telling everyone what has been told to me by both the sites. I didnt learn about double spend before today, not even when epay sent me the payment twice. Regardless, I hope you are now clear about the 'stories'. Its just me who'd has to pay for someone else's mistake.
I see. You really just don't know better. Seeing your accounts age, I assumed, that you must have heard about double spend.
Sorry, for being that harsh.

My opinion on your story is, that you have to pay them back. like DH pointed, you are even legally obligated to do so in most countries.

Yes I was absent from the bitcoin community for over a year and I only started in mid 2012.

My next question would be even more simple.
What should I pay them ?
0.0182 bitcoins ?
or
260 INR Bucks ?

0.0182 at current market value costs more than what it did 2 days ago. And as seeing how I cant withdraw those 0.0182 BTC from BTCJAM, I'd have to resort to wiring them the money.
3913  Bitcoin / Bitcoin Discussion / Re: Responsibility for double spend on: January 19, 2015, 09:43:07 AM
Explain to them and work out a payment schedule. They will be likely more amenable to a resolution if you are willing to do your part.

As for my opinion you are not entitled to it and should return it back. The exchange also made a mistake so shouldn't expect immediate return. I think a late repayment after your investment returns is a fair solution.

No one needs a payment schedule to pay someone a pocket change amount of 260 bucks.
But is it ok for them to hold my current order as hostage and demand to fulfill the debated amount?

Also the price per coin has risen then, what should I pay them ?

260 bucks worth of Bitcoins at current rate of their site ?

or the original 0.0182 ? Which would cost more as per current market value.
3914  Bitcoin / Bitcoin Discussion / Re: Responsibility for double spend on: January 19, 2015, 09:38:15 AM
I got this message from epay written in pinkish red, which basically stated that I was paid twice by mistake by some network wide blockchain error and they gave me an option to choose whether to allow them to deduct that double spend from my current balance.
Undoubtedly I hit No.

So, you were informed that it was not a "promotion" as you had assumed, meaning you now know that that money was not intended for you, and yet you kept it anyhow?  As far as I'm concerned, keeping money that was not intentionally given to you makes you a thief.  At a minimum it makes you a dishonorable person with a poor sense of morals and ethics.


it'd be free money for me cuz I didnt screw up at any point, I withdrew my coins from my designated wallet, so whatever is there in my wallet is basically mine, right? NO, apparently some of you might have a different ethical explanation and so it seemed UNOCOIN did as well.

I was at work and suddenly this lady from Unocoin calls me up on Saturday to notify me that there has been a double spend on my account and if I liked I could repay them that extra 0.0182 which I withdrew from the account. I said, I'll get back to them after I have returned home and checked the issue.
I was jumbling up words and constantly kept saying 'sichu' instead of 'issue'. Kinda embarrassing.

Anyways, I got back home and thought why should I repay them? Not my fault that someone else screwed up!

So now twice you have refused to return money to someone that has informed you that they did not intentionally send to you?  Your ethics do not impress me.  I certainly would never want to do any business with anyone as dishonest and dishonorable as you.

on Monday morning (today) instead of filling up the order they decided to call me and give me an ultimatum.
Either allow them to deduct 0.0182 from my current order or my current order wont get filled.

You'd have to look at their terms of service to see if they have the right to do that.  In the U.S. a business can generally refuse to transaction with someone (as long as they are not discriminating based on race, gender, or religious belief).  If I were them, I wouldn't want to do any further business with someone of such low ethics and morals either.

But I dont want to pay for someone else's mistake.

Nobody is asking you to pay for someone else's mistake.  They are just asking you to pay back money that was never intended for you in the first place.

They're a business, they gotta expect some "leakage" from scenarios like this.

True.  When a business performs a risk analysis, they certainly do need to expect some "leakage" from thieves, and dishonest customers.  That doesn't make it "right", it just means that a business needs to charge enough fees from their honest customers to cover any potential loss they may experience from dishonest customers.  As such, all the other honest customers will be paying for this.

I can pay them, but why should I pay them for their website's mistake?

Because it's the right thing to do.

No matter how genuine that issue is. This is just 260 bucks today, what if I made a purchase which is larger than 20 times of that, would you think I'd still owe them money then ?

Yes.

You could have ordered 2 x 0.0182 BTC and thought everything went fine

Except that he knows that he didn't.  He admits that he didn't.  He knows that he received this money in error and has decided that he wants to keep it anyhow.

Also note the fact that the coins are now invested in BTCJAM I cant withdraw them untill the loan gets paid off by the borrower.

So to get 1000 bucks worth of Bitcoins I'd now have to spend 1260. (plus taxes offcourse)

That is your fault.  You failed to properly keep track of what you had received, and chose to use money that was never intended for you.  If you had recognized that you had already withdrawn those bitcoins once, then you would have realized that the bitcoins remaining in your account didn't belong to you and could have contacted their support and asked them to fix it.  Instead you tried to take advantage and took coins that you knew you had already taken once.

And they'd lose a regular customer.

Good.  If I were them, I wouldn't want a customer like you anyhow.




Being as reputed as you are over here I do value your opinion. Keep in mind this issue isnt solved yet and hence I turn to this community for advice on how to resolve it.

Yes ethically I am wrong. But I am also a small businessman trying his luck on the new 'Bitcoin' world, I have learned to pay for my mistakes, why shouldnt someone else pay for their mistakes as well ?
In my perspective, dishonesty and stealing would be when I would blatantly lie about something that I did and take someone else's property without their knowledge.


BUT

In Epay's case I was given a choice, whether to allow them to deduct from my current balance or let them allow me to keep those satoshi.

In Unocoin's case I received no such choices but rather ultimatums. These coins were a payment for a small cellphone recharge that I did. Before withdrawing the magical 0.0182 BTC (the second one) I did check the transaction hash that was provided to me multiple times. How is it my fault if the hash link leads me to a transaction not found page ?

Arent we all just opportunist ? Why is it right for someone to literally pay for trusting someone or pay for their mistakes while someone else can simply walk away without repercussions ?

Once again, I have created this post to get feedback from the community based on ethical grounds and logical grounds. I havent said that I wont pay them for the extra Bitcoins or I will pay them... that is still undecided and would only be solved upon Sathvik's input into this situation.
3915  Economy / Economics / Re: BTCJAM Investors Club on: January 19, 2015, 09:14:33 AM
What assurances do we have that you won't run off with our money?

A lot of scammers out here asking for "only a small fee/investment/buy-in"

lol I am never taking any money from anyone, if you read correctly you would know that.
3916  Bitcoin / Bitcoin Discussion / Re: Responsibility for double spend on: January 19, 2015, 09:12:00 AM
I am not sure, if I really got the whole story, but what you describe at first has nothing to do with a double spend. Double spend doesn't mean, that you get paid twice. The second story also doesn't make much sense.
So, my guess is, that you are spreading FUD, maybe it is even a account, you bought, since you are lacking basic knowledge of Bitcoin

lol Unocoin accounts cant be bought, due to laws in India every account holder has to adher to strict KYC policies hence when I created the account on Unocoin I had my Passport / Telephone bill / Photo submitted and verified.

The first 'story' is related to the 'Unocoin' story because both are issues that deal with 'double spend'.

If I dont understand the basics of Bitcoin, I'd humbly request you to enlighten me.
https://en.bitcoin.it/wiki/Double-spending

You have completely missed the point my friend.
My point is, that you are using the term "double spend" wrong at least in the first story.

I am just telling everyone what has been told to me by both the sites. I didnt learn about double spend before today, not even when epay sent me the payment twice. Regardless, I hope you are now clear about the 'stories'. Its just me who'd has to pay for someone else's mistake.
3917  Bitcoin / Bitcoin Discussion / Re: Responsibility for double spend on: January 19, 2015, 08:52:01 AM
I am not sure, if I really got the whole story, but what you describe at first has nothing to do with a double spend. Double spend doesn't mean, that you get paid twice. The second story also doesn't make much sense.
So, my guess is, that you are spreading FUD, maybe it is even a account, you bought, since you are lacking basic knowledge of Bitcoin

lol Unocoin accounts cant be bought, due to laws in India every account holder has to adher to strict KYC policies hence when I created the account on Unocoin I had my Passport / Telephone bill / Photo submitted and verified.

The first 'story' is related to the 'Unocoin' story because both are issues that deal with 'double spend'.

If I dont understand the basics of Bitcoin, I'd humbly request you to enlighten me.
https://en.bitcoin.it/wiki/Double-spending

You have completely missed the point my friend.
3918  Bitcoin / Bitcoin Discussion / Re: Responsibility for double spend on: January 19, 2015, 08:51:02 AM
Again, I admit that I withdrew the coins. Coins that I received as a payment for a service that I provided to someone else.
At the time of my 2nd withdrawal I checked my PREVIOUS withdrawal of the 0.0182 which goes to 'transaction not found' page on blockchain, leading me to believe its the same money which remained in my wallet for some reason.

Moral issues apart, I am failing to understand the underlying issue with block chain here.

You're saying you have made 2 successful transactions of same amount and have also spent these coins elsewhere. Then how come these transactions are vanished from block chain?

Exactly!  Hence thats why its called the 'double spend error'. -edit- according to some gyan guru this might not be the correct terminology.

And has nothing to do with me.

You can see for yourself. The last transaction hash leads to a 'transaction not found page'.
https://blockchain.info/tx-index/cd8ef5bf8e3978feb22b302ffb2ce8b772e9eb3ac10cdfd181405690a354ad8f
3919  Bitcoin / Bitcoin Discussion / Re: Responsibility for double spend on: January 19, 2015, 08:44:45 AM
So now I think it'd be best to bring this issue into the light of the community members and have a general sense of opinion.


If I were you, I would let them take what is not mine. And I think you don't have a choice either, especially when they are in possession of some of your funds.

You can reject their claim but then you'll lose your fiat if they don't process your buy order.


And they'd lose a regular customer.

Also note the fact that the coins are now invested in BTCJAM I cant withdraw them untill the loan gets paid off by the borrower.

So to get 1000 bucks worth of Bitcoins I'd now have to spend 1260. (plus taxes offcourse)
3920  Bitcoin / Bitcoin Discussion / Re: Responsibility for double spend on: January 19, 2015, 08:36:38 AM
Are you sure it was a double spend? A double spend is usually used to make it seem like once has paid but in reality the coins will be conformed with another transaction. This lets the attacker (the one doing the double spend) get something for free if it is undetected.

However, it seems like starsbit didn't gain anything from doing it so why would they do a double spend? Have you asked them why they would do this?
I had no reason to ask starsbit anything the message was sent to me on epay dashboard. And after clicking NO, I wasnt contacted in anyway (they cant since they dont have any contact info anyway) and neither did I see any messages.

Regarding your claim: It has not been proven that it is your fault. You could have ordered 2 x 0.0182 BTC and thought everything went fine while it didn't in this case UNICOIN would have denied you the ability to intervene right away by showing that you actually received the coins.
Also, they have a faulty system for identifying if funds actually arrived or not. It has been knows since the big malleability attacks that just looking for a TxID is not safe when operating a wallet service.

The issue here is about the 0.0182 coins which I received from someone as a payment for a mobile recharge that I did for them, there was no order for 0.0182 because the minimum order quantity is 1000 Indian Bucks ($16).

A snapshot of my entire order history with Unocoin.


If they were able to prove it's your fault, then they'd be right to deduct the amount in question from your order, but if it is the way you explained, they haven't proven anything.

As I see it, they should pay you in full because thats the deal. You paid for a specific amount of BTC and as long as the order form didn't say that they will deduct something, they should not do so.

The 2 cases need to be handled separately by them!
They should fix their faulty detection system for incoming funds!
You should stop using them because they don't do as previously agreed upon!
Everyone should stop using them until they fixed their faulty system!

Edit: To make this clear: If they prove it was your fault, you should still pay them back, but not if they claim something without proof.

Again, I admit that I withdrew the coins. Coins that I received as a payment for a service that I provided to someone else.
At the time of my 2nd withdrawal I checked my PREVIOUS withdrawal of the 0.0182 which goes to 'transaction not found' page on blockchain, leading me to believe its the same money which remained in my wallet for some reason.
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