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Author Topic: Bitcoin Stolen at Gunpoint in New York City Robbery!!  (Read 2511 times)
pooya87 (OP)
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June 06, 2015, 02:01:51 PM
 #1

apparently a 28 year old man was mugged last month in New York City.

he wanted to sell his bitcoin in person, when the buyer (which he met on Craigslist) turned out to be a robber and took his coins at gunpoint!

story at coindesk:
http://www.coindesk.com/bitcoin-stolen-new-york-gunpoint-robbery/


selling bitcoin in person is not safe anymore, next time we should sell out coins in a public place with witnesses present!

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NyeFe
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June 06, 2015, 02:16:51 PM
 #2

https://bitcointalk.org/index.php?topic=1082099.0

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June 06, 2015, 02:30:15 PM
 #3

Thanks for sharing man now i will also go with gun when selling my bitcoins...hahah

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June 06, 2015, 02:31:00 PM
 #4

apparently a 28 year old man was mugged last month in New York City.

he wanted to sell his bitcoin in person, when the buyer (which he met on Craigslist) turned out to be a robber and took his coins at gunpoint!

story at coindesk:
http://www.coindesk.com/bitcoin-stolen-new-york-gunpoint-robbery/


selling bitcoin in person is not safe anymore, next time we should sell out coins in a public place with witnesses present!

Btw how are he going to sell to him in a person? There is so many escrow that you can count on here and he is selling it without any third party? I think that is a bad idea on selling bitcoin. You just at least pay a little fee to some escrow and he can transfer it to you safely
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June 06, 2015, 03:42:51 PM
 #5

apparently a 28 year old man was mugged last month in New York City.

he wanted to sell his bitcoin in person, when the buyer (which he met on Craigslist) turned out to be a robber and took his coins at gunpoint!

story at coindesk:
http://www.coindesk.com/bitcoin-stolen-new-york-gunpoint-robbery/


selling bitcoin in person is not safe anymore, next time we should sell out coins in a public place with witnesses present!

Btw how are he going to sell to him in a person? There is so many escrow that you can count on here and he is selling it without any third party? I think that is a bad idea on selling bitcoin. You just at least pay a little fee to some escrow and he can transfer it to you safely

True, but maybe there is a reason to him so he can't sell it in a person. At least, this news has made us be careful and aware to any crimes that can be happened everywhere and every time.

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spud21
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June 06, 2015, 03:45:27 PM
 #6

apparently a 28 year old man was mugged last month in New York City.

he wanted to sell his bitcoin in person, when the buyer (which he met on Craigslist) turned out to be a robber and took his coins at gunpoint!

story at coindesk:
http://www.coindesk.com/bitcoin-stolen-new-york-gunpoint-robbery/


selling bitcoin in person is not safe anymore, next time we should sell out coins in a public place with witnesses present!

Btw how are he going to sell to him in a person? There is so many escrow that you can count on here and he is selling it without any third party? I think that is a bad idea on selling bitcoin. You just at least pay a little fee to some escrow and he can transfer it to you safely

That's the business model localbitcoins uses. You can arrange to meet buyers in person and sell to them directly for cash. I think the sellers often charge more for the service, but take the risk of being mugged or followed home.
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June 06, 2015, 04:26:22 PM
 #7

Btw how are he going to sell to him in a person? There is so many escrow that you can count on here and he is selling it without any third party? I think that is a bad idea on selling bitcoin. You just at least pay a little fee to some escrow and he can transfer it to you safely

You still expose yourself to risk even when using a trusted escrow from this forum. On the other hand, there's little to no motivation for an escrow to steal your money if he/she already has a sizable collection of coins from back in the CPU/GPU mining days.

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June 06, 2015, 04:38:47 PM
 #8

Hard luck to the guy in the article, it's a real shitty thing to happen to somebody but I guess the risks are there when meeting for a face to face trade.
I've already decided what I'll do if we go to the moon, I'll want to sell a large portion of my stash in one go i.e. not on an exchange.
I'll do an OTC (over the counter trade) with a large bitcoin business & they'll charge like 5% of the fee etc but it's safe, quick & easy.
Maybe the guy in this article needs to take a shotgun to his next face to face trade.

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June 06, 2015, 04:44:36 PM
 #9

Thanks for the new news, only last month ya say. Don't fud of course it is as safe or not as safe as it has ever been, the only thing you have to do is use your head and think security over profit. There are places to meet things or people you can take that can make things go as smoothly as needed but greed gets the best of some/most people.

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June 06, 2015, 04:49:11 PM
 #10

Bitcoin is getting known so there will be a spot for a crime that will happen in present or in the future. We can't avoid this things but we can still try to prevent it happen.
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June 06, 2015, 04:54:29 PM
 #11

This is where digital world meets the real world.

no.
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June 06, 2015, 05:01:00 PM
 #12

If it has value then some New Yorker is going to figure out how to steal it and sell it at a pawnshop. It's the state pastime like baseball is for the rest of the country. lol

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June 06, 2015, 05:12:35 PM
 #13

NYC is big place im down south country where most people in this town i've known my whole life... but yeah internet you may get scammed but your life will never be in danger... always try stay safe bitcoin or $ not worth it
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June 06, 2015, 08:58:31 PM
 #14

Well at least somehow bitcoin is getting in the news. Maybe not in the correct way, but at least the distribution is happening. Wink

I am just joking and BTC users should be more careful.

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June 06, 2015, 09:14:25 PM
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If it has value then some New Yorker is going to figure out how to steal it and sell it at a pawnshop. It's the state pastime like baseball is for the rest of the country. lol

The coindesk article doesn't say which area he was robbed in. People used to say the bronx was rough, then one of my friends said queens was getting a bad reputation. He said in certain areas you were very likely to get robbed if you had anything of value.

Years ago I heard they had gangs that could strip a car in minutes and you only had to park in the wrong area to find your car had been dismantled. If the Bitcoin seller was in a rough area it's no more than you would expect if you had anything of value.
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June 06, 2015, 09:27:41 PM
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If it has value then some New Yorker is going to figure out how to steal it and sell it at a pawnshop. It's the state pastime like baseball is for the rest of the country. lol

The coindesk article doesn't say which area he was robbed in. People used to say the bronx was rough, then one of my friends said queens was getting a bad reputation. He said in certain areas you were very likely to get robbed if you had anything of value.

Years ago I heard they had gangs that could strip a car in minutes and you only had to park in the wrong area to find your car had been dismantled. If the Bitcoin seller was in a rough area it's no more than you would expect if you had anything of value.

That problem has existed for a very long time in New York. If you're an old movie buff watch the 1970s movie The Out of Towners: http://www.imdb.com/title/tt0066193/
Or the 1979 movie The Warriors: http://www.imdb.com/title/tt0080120/

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June 06, 2015, 10:01:34 PM
 #17

There's an option at person on person exchange;
Do the exchange at a police station. If the buyer/seller doesn't accept that term then he's probably a robber Smiley
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June 06, 2015, 10:05:17 PM
 #18

The things people will do for bitcoin is just ridiculous, I thought the begging on dice sites was bad but this is on another level of ridiculous.

theres nothing here. message me if you want to put something here.
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June 06, 2015, 10:05:28 PM
 #19

even then he could threat you with a gun in his jacket pocket
actually theres almost no way to sell bitcoins without risking a scam.
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June 06, 2015, 10:21:17 PM
 #20

There isn't really an issue with meeting people face to face as long as it's done in public. I sell on both Craigslist and Gumtree quite often. I never meet at I home for my own safety and always insist on meeting in a public place. Go into a Starbucks, buy a drink and wait. Even if the buyer doesn't show up because he/she only intended to scam/cheat and doesn't want to meet publicly, I still get to keep whatever it is in selling.
I feel bad for the guy, but the message is to meet publicly and stay safe.
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