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Author Topic: Guy selling 1 Satoshi on eBay for £20 GBP!  (Read 3204 times)
ManBearPig (OP)
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April 07, 2013, 09:07:09 PM
 #1

http://www.ebay.co.uk/itm/1-BITCOIN-satoshi-sale-/200911620774

3 sales too? I think he must have shilled the first sale.

How can the buyer be happy?

He even says he prefers PayPal - I don't get it.

Is he stupid, clever, both?

I tweet crypto nonsense: https://twitter.com/DunningKruger_
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April 07, 2013, 09:17:41 PM
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I think this guy is very tricky. The same way another user sold photos of some expensive gadget (I don't remember what is was exactly, may be iPhone) instead of gadget itself.
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April 07, 2013, 09:48:12 PM
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2 have sold for 50 pound each, one for £20
Feedback left by buyer: Great seller a+++++ honest ebayer
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April 07, 2013, 09:51:50 PM
 #4

Lol is this serious? Who would be stupid enough to buy that it clearly says "worth 0.00000001 btc" he must of bought some from himself to encougare buyers, although if not i'm half tempted to try the same myself.
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April 08, 2013, 12:36:20 AM
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He'll probably sell lots. And more than half of people who buy it are scamming him and will initiate chargebacks.

Selling on eBay is dangerous for sellers. I call it the PayPal 51% attack. You can double your money selling bitcoins but it won't matter when more than half use Paypal to scam you.

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April 08, 2013, 12:54:52 AM
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Tsk, Tsk...  Angry

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April 08, 2013, 12:57:41 AM
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They must think satoshi = 1BTC. haven't read ad properly
ManBearPig (OP)
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April 08, 2013, 02:33:09 AM
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Yes to all the above. This will not end pleasantly I suspect!

I tweet crypto nonsense: https://twitter.com/DunningKruger_
ManBearPig (OP)
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April 08, 2013, 11:18:50 AM
 #9

Listing ended - item no longer available.

He ran out of Satoshi Sad

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wopwop
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April 08, 2013, 11:25:51 AM
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i bought it

because i'm a believer
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April 08, 2013, 12:21:33 PM
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He'll probably sell lots. And more than half of people who buy it are scamming him and will initiate chargebacks.

Selling on eBay is dangerous for sellers. I call it the PayPal 51% attack. You can double your money selling bitcoins but it won't matter when more than half use Paypal to scam you.

Can't you prove delivery by showing the transaction in the blockchain?
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April 08, 2013, 03:11:48 PM
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He'll probably sell lots. And more than half of people who buy it are scamming him and will initiate chargebacks.

Selling on eBay is dangerous for sellers. I call it the PayPal 51% attack. You can double your money selling bitcoins but it won't matter when more than half use Paypal to scam you.

But please run through some numbers before you write posts like this. If these auctions are for real, he's NOT doubling his money, it's going up by a factor of some 20,000,000. So he can feel extremely pleased even if 99% of his buyers issue chargebacks.

If I've said anything amusing and/or informative and you're feeling generous:
1GNJq39NYtf7cn2QFZZuP5vmC1mTs63rEW
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