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Author Topic: Necessity of innovation in the Buy/Sell sphere...  (Read 743 times)
wmcleod (OP)
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November 24, 2013, 06:52:41 PM
 #1

as someone who has always been an early-adopter and an aspiring pioneer of cutting-edge ideas, i have come to understand that the 3rd party transaction marketplace is in need of an overhaul.

backstory: had some miners up for sale on craigslist about a year ago, was transparent in my dealings with all purchasers because i recognized (at the time) the vulnerability of BUYERS in the bitcoin market.  this transparency led to skype conversations and even some potential buyers coming to my place of residence to check out my miners.
fast-forward to a few days later when i come home from work and find that my mining rigs, along with my personal computer were all stolen.
police contacted and what have you.  because i am renting i didn't have any insurance.

feel-good moment: reconciled losses with fiat and when BTC hit $350 i sold to repurchase mining gear.  Smiley

what i am saying here, is that the onus of legitimacy always lies on the seller, and this is how it ought to be, but at the same time, pure legitimacy lies in the revealing of very personal information; information that comes in direct contradiction to some of the ideas that Bitcoin is rising from (anonymity!).

So how can the average buyer protect themselves, not from scam, but from personal identifiers being exploited (like in my case)?

I could go on, but I see this is a book already.

i'd like to hear your thoughts! Smiley

EDIT/TL;DR: Craigslist listing for one of my miners : Exposed address : Broken into : Can't sell anything with legitimacy, leading to the divulging of personal identifiers which people exploit.  How to get around this?

BitTrade
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November 24, 2013, 07:13:23 PM
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There was a project tentatively named the "holy grail", which was a p2p exchange network.  There were over 100BTC raised as a bounty for the project.  Does anyone have an update?
ar9
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November 24, 2013, 11:32:38 PM
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There was a project tentatively named the "holy grail", which was a p2p exchange network.  There were over 100BTC raised as a bounty for the project.  Does anyone have an update?

I do remember that.  Haven't heard anything about it.  I definitely agree with the OP here.  I haven't sold any miners through Craigslist but when an item is worth 10 BTC it is super sketchy to provide that person with any identifying information for the exact reason as stated in the OP.

There are a number of escrow services available here as well; however, you would still have to identify your address if you use the post services (unless UPS/FedEX offer anonymity?).

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