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Author Topic: newbie questions  (Read 819 times)
nakisama (OP)
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April 22, 2017, 05:30:30 PM
 #1

sorry if really stupid

I have opened some accounts with different wallets.
Now I wanted to do my first purchase but I wanted to do it with another user, not having to go through all the paperwork required by the exchanges for example.

I contacted one user which was offering his exchange service.

I did not use an escrow (still not familiar with how to use this)

Amount is small but anyway:

- if he has already instructed the transfer of bitcoin to me, even if it has to go through verifications, is this transaction "unconfirmed" ?
- using my bitcoin address (I do not have his) I should be able to see that pending transaction ?
- if that is the case, then we should be able to cancel the deal and he could revert back the funds I've sent him (minus the fees required for that transfer).

Am I correct on the above ?
thanks
BurtW
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April 22, 2017, 06:10:36 PM
 #2

- if he has already instructed the transfer of bitcoin to me, even if it has to go through verifications, is this transaction "unconfirmed" ?
Yes it should show up on the blockchain as unconfirmed.

- using my bitcoin address (I do not have his) I should be able to see that pending transaction ?
Yes.  But the comment "I do not have this" worries me.  Why do you not have it?  You most definitely should have it, after all you must have sent the address to the person who was suppose to transfer Bitcoins to the address.

Simplest way for us to help you:  Post the Bitcoin address here and we can help you see what is happening.

- if that is the case, then we should be able to cancel the deal and he could revert back the funds I've sent him (minus the fees required for that transfer).
Well if he has already sent the Bitcoins to your address then it cannot be reversed.  I assume that is what you meant by "if he has already instructed the transfer of bitcoin to me", that is not reversible.

Our family was terrorized by Homeland Security.  Read all about it here:  http://www.jmwagner.com/ and http://www.burtw.com/  Any donations to help us recover from the $300,000 in legal fees and forced donations to the Federal Asset Forfeiture slush fund are greatly appreciated!
jaceefrost
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April 22, 2017, 06:17:48 PM
 #3

sorry if really stupid

I have opened some accounts with different wallets.
Now I wanted to do my first purchase but I wanted to do it with another user, not having to go through all the paperwork required by the exchanges for example.

I contacted one user which was offering his exchange service.

I did not use an escrow (still not familiar with how to use this)

Amount is small but anyway:

- if he has already instructed the transfer of bitcoin to me, even if it has to go through verifications, is this transaction "unconfirmed" ?
- using my bitcoin address (I do not have his) I should be able to see that pending transaction ?
- if that is the case, then we should be able to cancel the deal and he could revert back the funds I've sent him (minus the fees required for that transfer).

Am I correct on the above ?
thanks
Yes you can see the status of the transaction you made if it's still waiting for confirmation tho Bitcoin transactions can not be revert back. If you doubt the legitimacy of the guy better to just use an escrow to secure the transaction.
How much are you going to exchange and what currency or payment processor it's from? There may be other more legitimate and trusted people in here who can help you out.
nakisama (OP)
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April 22, 2017, 06:24:01 PM
 #4


- using my bitcoin address (I do not have his) I should be able to see that pending transaction ?
Yes.  But the comment "I do not have this" worries me.  Why do you not have it?  You most definitely should have it, after all you must have sent the address to the person who was suppose to transfer Bitcoins to the address.

Simplest way for us to help you:  Post the Bitcoin address here and we can help you see what is happening.


I sent funds using another payment method, I did not need his bitcoin address to send the funds, only his email which I have (and I guess that you cannot know a bitcoin address if you know someone's email)

Where can I be more informed about what is and how to use an escrow?
I'm a newbie, it is my first transaction so of course I have no feedback and because of that I am willing to pay a higher fee but as far as I understand using an escrow will imply an additional fee to a third party?

COINMAN1
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April 22, 2017, 06:24:51 PM
 #5

He is only looking for 20$$ and i think he want to deal with me i ask him to send first or if he still think i am not trusted enough we can use zazrab as an escrow and he pay his fesses
Bitcoin address look like this 14fsh84VQ8gWMETMrG8iyZ9Bbzi5zNFc6H
if you still confused make a n account on blockchain and click on receive funds and you see your BTC address there copy that address and send to me thats it nothing more required

FOR BUYING AND SELLING BTC AT BEST RATES WITH DIFFERENT KIND OF PAYMENT METHODS LIKE PAYPAL, SKRILL, NETLLER, PERFECTMONEY, AND MANY MORE MORE PLEASE CLICK THIS LINK
https://bitcointalk.org/index.php?topic=1746893.0
BurtW
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April 22, 2017, 06:40:35 PM
 #6


- using my bitcoin address (I do not have his) I should be able to see that pending transaction ?
Yes.  But the comment "I do not have this" worries me.  Why do you not have it?  You most definitely should have it, after all you must have sent the address to the person who was suppose to transfer Bitcoins to the address.

Simplest way for us to help you:  Post the Bitcoin address here and we can help you see what is happening.


I sent funds using another payment method, I did not need his bitcoin address to send the funds, only his email which I have (and I guess that you cannot know a bitcoin address if you know someone's email)

Where can I be more informed about what is and how to use an escrow?
I'm a newbie, it is my first transaction so of course I have no feedback and because of that I am willing to pay a higher fee but as far as I understand using an escrow will imply an additional fee to a third party?


So now it sounds like you paid him, or are in the process of paying him.  Then you will need to send him a Bitcoin address so he can send you the Bitcoins you paid for.  I think he is trying to help you out.  What Bitcoin wallet are you planning on using (where are you going to keep your Bitcoins when you receive them)?

Our family was terrorized by Homeland Security.  Read all about it here:  http://www.jmwagner.com/ and http://www.burtw.com/  Any donations to help us recover from the $300,000 in legal fees and forced donations to the Federal Asset Forfeiture slush fund are greatly appreciated!
nakisama (OP)
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April 22, 2017, 07:10:15 PM
 #7

yes, he offered to help me out on this first transaction.

I paid him already, 2 days ago and also provided him with my bitcoin address, checking on blockchain website my bitcoin address still shows:

No. Transactions   0   
Total Received   0 BTC   
Final Balance   0 BTC   

does not look good for sure
COINMAN1
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April 22, 2017, 07:14:23 PM
 #8

yes, he offered to help me out on this first transaction.

I paid him already, 2 days ago and also provided him with my bitcoin address, checking on blockchain website my bitcoin address still shows:

No. Transactions   0   
Total Received   0 BTC   
Final Balance   0 BTC   

does not look good for sure
hey you didnt pay me anything ok who you are talking about please explain

FOR BUYING AND SELLING BTC AT BEST RATES WITH DIFFERENT KIND OF PAYMENT METHODS LIKE PAYPAL, SKRILL, NETLLER, PERFECTMONEY, AND MANY MORE MORE PLEASE CLICK THIS LINK
https://bitcointalk.org/index.php?topic=1746893.0
BurtW
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April 22, 2017, 07:23:15 PM
 #9

yes, he offered to help me out on this first transaction.

I paid him already, 2 days ago and also provided him with my bitcoin address, checking on blockchain website my bitcoin address still shows:

No. Transactions   0   
Total Received   0 BTC   
Final Balance   0 BTC   

does not look good for sure

Who did you pay?  What was his username?
How did you pay him?  PayPal?
Did he already get the payment?
When did you give him your Bitcoin address?

Our family was terrorized by Homeland Security.  Read all about it here:  http://www.jmwagner.com/ and http://www.burtw.com/  Any donations to help us recover from the $300,000 in legal fees and forced donations to the Federal Asset Forfeiture slush fund are greatly appreciated!
nakisama (OP)
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April 22, 2017, 08:16:56 PM
 #10

payment was done by me 2 days ago
BurtW
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April 22, 2017, 08:52:28 PM
 #11

payment was done by me 2 days ago
Who did you pay?  What is their username?

Our family was terrorized by Homeland Security.  Read all about it here:  http://www.jmwagner.com/ and http://www.burtw.com/  Any donations to help us recover from the $300,000 in legal fees and forced donations to the Federal Asset Forfeiture slush fund are greatly appreciated!
nakisama (OP)
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April 22, 2017, 08:57:23 PM
 #12

payment was done by me 2 days ago
Who did you pay?  What is their username?

pm sent
BurtW
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April 23, 2017, 04:23:56 AM
 #13

yes, he offered to help me out on this first transaction.

I paid him already, 2 days ago and also provided him with my bitcoin address, checking on blockchain website my bitcoin address still shows:

No. Transactions   0   
Total Received   0 BTC   
Final Balance   0 BTC   

does not look good for sure
hey you didnt pay me anything ok who you are talking about please explain
Correct, he is not accusing you of anything.  He was dealing with someone else.

Our family was terrorized by Homeland Security.  Read all about it here:  http://www.jmwagner.com/ and http://www.burtw.com/  Any donations to help us recover from the $300,000 in legal fees and forced donations to the Federal Asset Forfeiture slush fund are greatly appreciated!
nakisama (OP)
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April 23, 2017, 04:50:38 AM
 #14

yes, he offered to help me out on this first transaction.

I paid him already, 2 days ago and also provided him with my bitcoin address, checking on blockchain website my bitcoin address still shows:

No. Transactions   0   
Total Received   0 BTC   
Final Balance   0 BTC   

does not look good for sure
hey you didnt pay me anything ok who you are talking about please explain
Correct, he is not accusing you of anything.  He was dealing with someone else.

COINMAN1, it is not you, my deal was done last Thursday with another user
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