To help you sell them quickly, here's what to add to your post (in red above). Adding that will work wonders in terms of finding buyers who want safe deals.

$1950 is a lot of money and for some here it's all they have. Escrow protection helps keep this community safe.

I don't know what you were thinking when you posted this.

PayPal from a newbie. You offer something reversible in exchange for irreversible coins. You want a middle man to escrow a deal which is reversible. Reversible payments defeat the element of escrow protection. You claim to be highly trusted on a hack forum.

Why not trade with fellow members on that hack forum? I'm sure they will happily trust someone who does what they all do best. Which would be what? Should I guess?

What reputation are you talking about? Someone should wake you up and take you back to reality. Far more trusted members here do escrowed trades and you explicitly refuse to use it?

Accounts are traded here like candy and scams are rampant. I don’t see any green trust figures on your account and posts are sporadic. These are not very encouraging flags.

Refusing escrow is in itself a major red flag. Setting up an escrowed deal is not a time consuming effort so I fail to see why you would refuse buyers of these Antminers the protection they rightly deserve for their money... unless you have other motives in mind which I am inclined to suspect if you insist on buyers blindly relying on this so-called reputation.

You will end up bumping this thread forever with little to no positive results, given that not everyone here lives in Dubai. If you have the resources to buy/sell 50+ BTC then I’m sure the cost of flying to a buyer’s country shouldn’t financially deter you from expanding beyond Dubai.

Restricting your deals to Dubai only will make this a quiet and lonely thread.

Second post above is willing to pick up. Would you mind sharing or disclosing the shop’s address here?

I’m afraid ID gives no peace of mind as spurious ones are easily sourced both online and offline. Only escrow protection does. No offense meant and this post is not intended to accuse you of any wrongdoing. Just being careful as scams are widespread.

GBP 425 is a lot of money and you have a fairly young account here so you will hopefully understand the need for caution and prudence here.

And you will accept escrow too, correct?

Here is a list of reputable forum escrows:

https://bitcointalk.org/index.php?topic=276897

He asked you this:


Why are you avoiding the question?

Are you using a trusted forum escrow for these Antminer deals or not?

Caveat emptor, guys. These are large amounts of money being discussed here. Never send first. Not even incrementally. Use a forum escrow on this list:

https://bitcointalk.org/index.php?topic=276897

Very nice. All good.

Now to the business part of the story. Have you chosen a forum escrow from this list yet?

https://bitcointalk.org/index.php?topic=276897.0

If you did, update your post with that information. It will expedite your transactions with those who want to trade with you.

Yes the poster most certainly-- even if not explicitly-- alluded to protection against being defrauded and scammed. Not being sure what he was alluding to implies you may not have considered that particular risk for those who join this crowd funding initiative. Investing with a view to achieving some form of ROI is akin to providing a loan with the loan's interest taking the analogous role of an ROI. Loans here are almost always the secured and collateralized form of lending. An invitation to invest in or crowdsource funds for a property purchase is essentially asking for money for that purchase. Without some kind of protection for the investor, you would be inviting them to gamble.

So yes, several posters above mentioned legal protection of investors. I very much agree to having such an arrangement established, given the kind of amount needed for buying property in Manhattan. That protection is usually established in the form of valid collateral. Pure uncollateralized investments are rare, given the risks. I'm not sure how fractional property ownership works in terms of, say, one investor opting to liquidate his share in the investment. This might be complicated and will require contracts drawn up by a real estate lawyer.

Nah, this sounds extremely shady. PayPal payments are reversible, even F&F if fraud is discovered later or if source of funds were forwarded from other questionable sources. The risks are compounded when using a credit card:


Escrow is helpless when PayPal deals turn sour. I suggest you quickly withdraw your PayPal funds to your bank account via ACH, withdraw the money and pay for coins irrevocably. A pain it might be, yes, but it is safe for those trading with an account created less than 4 weeks ago. It’s extremely selfish of you to think of your own safety only and ignore that of people you trade with.

Escrow is a definite must-do when dealing with this user, guys. Red flags sticking out like a sore thumb.

You forgot to mention using a trusted forum escrow here to safely hold the 11 Litecoins while you ship this rig to the buyer. Here is a list of escrows why will happily make this a safe transaction:

https://bitcointalk.org/index.php?topic=2439910.0

You will accept escrow, right? Or am I correct to assume you have something else in mind?

Brand new account so I’m sure you understand that there will be no sending payment first. Not even incrementally. By that I mean not even half first and half after delivery of the rig. Not even 1 LTC first. Using a trusted forum escrow is the safest and only way forward with this deal.

If you read through feedback here:

WageCan TrustPilot reviews

you should have an idea of what to expect.

Generally you should allow a week to 2 weeks.

When I had the card, it averaged a week. If you happen to load during holidays in Taiwan and Hong Kong, you should add those holidays on top of the average loading time.

You advertised, you do the work. Take the next Emirates flight to the buyer's location. Asking people to fly to Dubai is an inconvenience. I'm sure you expect a very small proportion of those who read this thread to actually fly to DXB and as a result you are counting on that bank transfer route as the choice of the majority who decide to do this deal.

Care to share here who will act as escrow or how the escrow process works? This is what I am dying to know.

I want to learn how a bank transfer works on same day settlement terms.

Is this something along the lines of release the coins after we show a screen shot of the SWIFT transfer? Or release the coins after we have a 3-way call with my bank?  

Quality posting is about contributing to the forum in a constructive and positive way. Share your own ideas if you think they are relevant to the topics or threads you are posting on. Don't post or promote scams and spam. That's another one.

Contributing positively will earn you merits which you need to level up from one rank to the next.

Learn the forum rules. Don't do things which break the rules and earn you negative feedback. Growing your rank shouldn't be your only goal. You should also focus on earning the community's trust. What good is a legendary account if it is painted red?

Don't farm accounts. Ranking up for the purpose of later reselling the account is frowned upon. It's wrong.

Help others when or if you can. A community is about sharing things which help not only you but others grow too.

I suggest you start by reading the forum rules. Stickies will help you understand how to interact here.

It's a shitty situation to be in when you have coins but they are locked and inaccessible. It's like having a car but someone else holds the keys. In fact, that might not be an appropriate analogy as keys can be duplicated. In the situation you are in (and those of others facing the same dilemma with other exchanges) you are totally at their mercy. They hold the keys to your coins so they basically own them for now.

How will the rest of the world's population ever trust digital currencies if exchanges can do this with impunity? I would go crazy if I had a million bucks and someone somewhere locked them indefinitely and gave me the silent treatment.

Well, giving a tutorial as you described above is effectively teaching someone to scam. You are offering lessons on how to covertly perpetrate signature campaign fraud. Not asking you for an account for scamming is moot since you know very well this kind of accounts are potentially scam tools.

If genuine, this account is a very powerful tool for scammers. Light green trust and aged 8 years are enough to compel lower tier members to pay or send first. It's threads like this that make one very cautious when dealing with anyone, even with seasoned members.

Yes yes, we all heard that before. The million-dollar question is why should people trust you and blindly send bitcoins to a stranger? I or anyone for that matter could hire coders to build a mixing site overnight and have it up and running in a few days but that alone will not make it a legitimate mixing service. The core question is about trust.

You should use escrow to ensure and guarantee that people will get their coins back. Nobody will trust fly by night mixing services.

If anyone is interested in this property, it is important to know that due diligence is an extremely important part of the entire purchase process. Know and read all about it here:

https://www.contactukraine.com/real-estate/buying-real-estate-in-ukraine

Be especially aware that the transfer of ownership is only recognized if and only if the following rule is observed:

By law, payment for purchase of real estate in Ukraine can only be performed through a bank in Ukraine (cash deals are not allowed) and payable with currency listed on the first currency group here:

http://zakon5.rada.gov.ua/laws/show/v0521500-98

Notice that XBT is not included.

So essentially you will still need to pay with UAH (Ukrainian Hryvna) which means you as a buyer will need to to convert your bitcoins to that currency.

Be aware of the strict proviso about currency controls mentioned under "mode of payment" on the first link above. You cannot easily repatriate money later if you decide to resell the property and can't explain how you imported the funds legally in the banking system. I doubt a blockchain transaction hash will work.  

More like buy now and lose all your money? 100% bonus of worthless coins?

I can almost feel the desperation in your attempts to offload these coins by manipulating prices. That's positively criminal, if you ask me.

Your team of newbies posting their trash and drivel should be crucified.

Fraudsters.