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Author Topic: Advice on online shop selling goods in crypto: real or scam?  (Read 299 times)
Findingnemo
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November 14, 2019, 07:26:07 PM
 #21

Thank you all Wink
Indeed, it is easy but when you cash in your bitcoin against fiat, from a tax perspective you need to declare it.

And if you bought Bitcoin when it was 1$...  Roll Eyes


losing a small part to government than Losing all to a scammer will be a better choice so don't trust the online shops which asks for cryptos most probably they will end up scamming you.But we are not far away from the reputed sites to accept cryptos,even if the volatility could be a primary reason the restrictions from governments makes then to not adopting to crypto payments.

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Oasisman
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November 15, 2019, 03:23:29 AM
 #22

Shopping luxurious items online isn't a good idea in the first place, and why would I use Bitcoin to purchase huge amount when I can use fiat for it.
Anyway, just like the others I have never heard of that business website before. If I have to order luxury cars then It would be safer to look for an authorized agent or dealer near your area for you to be able to avoid being scammed.

Thank you all Wink
Indeed, it is easy but when you cash in your bitcoin against fiat, from a tax perspective you need to declare it.

And if you bought Bitcoin when it was 1$...  Roll Eyes

That depends in which country you belong. You won't get taxed either if there's no income declaration.
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November 15, 2019, 04:00:01 AM
 #23

Hello,

I just found this online shop: https://www.cryptoemporium.eu/.

They claim to sell luxury goods and services like cars, watches, real estate...

Does anyone know them? Is it "safe"?

Thanks !


I would not recommend or suggest you buy luxury goods and services online because you don't know where in the physical store. If something happens, you will have a difficult to complain or ask if you have a problem. If the price is more than $1k, then it still not worth to buy at the online store. It is better if we can buy at a local store which has the same product as in the online store. Besides that, I think you don't have to use bitcoin to buy in the local store, and you can use cash or with the card.

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Beparanf
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November 15, 2019, 04:58:32 PM
 #24

Better use Marketplace in this forum just make sure you're dealing with a trusted user, if about luxury items and high transactions do it OTC just check the areas security. I doubt the website and I'm not convince on buying luxury items that are not preferred or accredited by the brand owners.

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