I've been doing business on a bitcoin classifieds site and recently I sent bitcoins to a user who was selling a Motorola Xoom. He claims that I never sent him the bitcoins but I have 261 confirmations now and I've even got the block explorer pages pulled up detailing his shady behavior. He received the bitcoins and two hours later sent them to another address.
What can I do to prevent this kind of thing from happening again? What do users typically do? Are we reliant on an honor code here?
Thanks for any input you have.
Trade with users with a reputation, and use escrow services such as clearcoin.
Sorry that you got scammed, that's pretty bad :(
I wish I had known about clearcoin before I started! 25BTC for a brand new Xoom just seemed too good to be true. Well, I'll make sure to leave nasty feedback for him ;)
I saw the same post. I contacted that seller and I offered to use some kind of escrow, but he said he didn't trust them. RED FLAG
You just need to watch out for scammers. Really to me this is the biggest downfall of Bitcoins, is there is way too much scamming going on, and it could potentially ruin the whole economy.
Sorry you got scammed.
His feedback page is here: http://www.bitcoinclassifieds.net/feedback/227/