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Author Topic: Selling 200 BTC, buying USD via Paypal, wire, or cash (in NYC)  (Read 6006 times)
CravenEconomics
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June 05, 2011, 04:05:51 PM
 #21

If not, what can I say. I think the Bitcoin economy may take off and have a huge impact. We are pioneers and we are making history here, but we should be honest with each others. Scams may take Bitcoin down, void its potential, and crash the value of our reserves to zero.

You are a smart and good man Giulio! If you are ever looking to sell more BTC let me know!
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Validatorian
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June 05, 2011, 11:12:31 PM
 #22

I bought 100 BC from Giulio, and it was a pleasure. We had a bit of a scare for a little bit, as the transaction didn't come across for about 30 minutes after he sent it, but all turned out well! I'm still buying, if anyone else is interested in selling (looks like prices have gone from 18.9 to 16.2 today, the first big drop I've seen in a long time... SELL SELL SELL! Wink)
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June 06, 2011, 05:34:39 AM
 #23

OK, I have no more Bitcoin to sell. I have the cash I needed in paypal, and it has been interesting.

Summary: 4 buyers, I have sent Bitcoin to all, 3 have sent the money to me, one has not.

Since the buyer who did not send me the money said he was having some problems with Paypal, I am willing to believe that this was a technical problem and I hope he will send me the money today.

If not, what can I say. I think the Bitcoin economy may take off and have a huge impact. We are pioneers and we are making history here, but we should be honest with each others. Scams may take Bitcoin down, void its potential, and crash the value of our reserves to zero.

So you gave him the bitcoin before he paid you? isn't that a big no-no
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June 06, 2011, 06:17:31 AM
 #24

OK, I have no more Bitcoin to sell. I have the cash I needed in paypal, and it has been interesting.

Summary: 4 buyers, I have sent Bitcoin to all, 3 have sent the money to me, one has not.

Since the buyer who did not send me the money said he was having some problems with Paypal, I am willing to believe that this was a technical problem and I hope he will send me the money today.

If not, what can I say. I think the Bitcoin economy may take off and have a huge impact. We are pioneers and we are making history here, but we should be honest with each others. Scams may take Bitcoin down, void its potential, and crash the value of our reserves to zero.

So you gave him the bitcoin before he paid you? isn't that a big no-no
Trust has to start somewhere, And in my experience, the person who is trustworthy will usually be trusting and go first. PayPal has such a bad rap, I hope Bitcoins explode in popularity. And I can tell you from first hand experience, Many people are trusting, My site has gotten over 6000 hits in the last 2 days and people have drained my paypal reserve, Not one person asked me for any information about me at all. Just look around the forum, I have 1 positive feedback and have only been here a little while. But people had no problem sending me bitcoins at all. That kinda worries me, ALOT. I could just as easily been a scamer with a website, I hope some kind of website rating system comes up! and Bitcoin-OTC is to complicated, we need to find something better!
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June 06, 2011, 06:31:15 AM
 #25

What's your price? I happen to be in NYC as well.

also I just launched bitXfieds which is pretty much craigslist for bitcoins.
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June 06, 2011, 07:10:59 AM
 #26

OK, I have no more Bitcoin to sell. I have the cash I needed in paypal, and it has been interesting.

Summary: 4 buyers, I have sent Bitcoin to all, 3 have sent the money to me, one has not.

Since the buyer who did not send me the money said he was having some problems with Paypal, I am willing to believe that this was a technical problem and I hope he will send me the money today.

If not, what can I say. I think the Bitcoin economy may take off and have a huge impact. We are pioneers and we are making history here, but we should be honest with each others. Scams may take Bitcoin down, void its potential, and crash the value of our reserves to zero.

So you gave him the bitcoin before he paid you? isn't that a big no-no

I agree. I was perfectly happy to send my paypal first for our transaction, as he is taking almost all of the risk. If he didn't send it, I could just dispute (and rightfully so).
Giulio Prisco (OP)
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June 06, 2011, 10:02:14 AM
 #27

Of course I will never do that again. Which is too bad, because we should have mutual trust and flexibility.

So you gave him the bitcoin before he paid you? isn't that a big no-no
Alex-Z
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June 07, 2011, 02:16:03 AM
 #28

Yes, we definitely should; but theres just so many scammers out there
Giulio Prisco (OP)
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June 07, 2011, 04:24:54 PM
 #29

I have just written this post about Bitcoin, with thoughts from this thread:

Bitcoin: a CryptoCurrency for a free Internet and a free society
http://spacecollective.org/giulio/6894/Bitcoin-a-CryptoCurrency-for-a-free-Internet-and-a-free-society
CravenEconomics
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June 07, 2011, 08:02:11 PM
 #30

Yes, we definitely should; but theres just so many scammers out there

this...sad.
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