Be safe: READ THIS BEFORE TRADING/BUYING/USING YOUR MONEY

[ferrari4luv]

Thanks for this...this can go a long way in helping to prevent someone from losing his hard earned cash

[quanahri]

Thank for good information . im a newbie and i will read all comment.

[duniamalam]

bagus dan bermanfaat

[luvkings]

What I find funny is that so many people complain about my trolling yet I'm likely one of the most honest people on this forum...sometimes brutally honest.

But never scammed anyone nor ever intend to.

It is always the self proclaimed saviors that offer x% on your money if you send it to them blah blah blah.

Scammers in my book are the equivalent of PUSSIES who are too afraid to go hack it (no pun intended) on their own. Damn mamma's boys.  

I like the honesty

[zhukovt34]

Great info, this thread and others like this, give valuable data for all crypto members!

[y2ajnomi1]

Thank u for giving this great information

[Thorium Exchange]

I think if you don't have money to spare you should definitely look into all the airdrops going on right now.
There are a few websites that offer lists of them too.
We also are offering one: https://thorium.exchange/
 

[GettingStartedwithCrypto]

Thanks for the advice.

[Feralaz]

thanks for information

[majacash]

1) Don't just trust the status of a member, anyone can be a hero member. This just means that he invested some time on his membership. He can always decide that a profitable scam will be a good payment for his time. However, a Hero account without negative feedback can be sold for more than 0.5 btcs. Therefore, he probably won't scam you for less than that, because a negative feedback from you would lower its value substantially.
2) Never deal with anyone without doing a search in the forum with his nickname, in order to check if he has scam accusations.
3) Ask for his coin address and always search it on http://blockchain.info, www.cryptocoinexplorer.com or other similar site, to verify if his address has the amounts he wants to sell.
4) Be very suspicious about proposals well under market price or if he accepts your proposal under market price with no negotiation.
5) Look for the reputation/trust of the member, checking also his successful trades, in the form of vouches from the other party on the deal. Be aware that positive trust can be forged by making and using more bitcointalk accounts and the trust system can be more or less avoided by changing its settings.
6) Even if he has some reputation, never send all the money in one transfer: send one first small tranche (ex. 0.05 btc) and wait for his payment. Send a second little higher tranche and wait again, etc. Small increments, because he might decide to pay you the first and second, to scam a bigger tranche. Always suspect if he doesn't accept to trade in small tranches, unless he has an excellent reputation.
7) If he has no reputation (specially if he is a newbie or Jr.), even small tranches are very risky. Better use an escrow system, like the one of www.btcrow.com, or a trusted member, or you might need to send more than 10 very small tranches. Think well before sending more than 0.15 btcs (it's considerable money in some countries) and only after 3 or 4 successful payments of 0.05 and 0.1 btcs.
8] For big amounts use an escrow system, unless the member has an excellent reputation. If he doesn't accept, forget the deal. Always protect your capital.
9) Only trade codes (ex. of virtual gift cards) with members with a very good reputation or using a very trusted escrow member that will have to go to the account and apply the code himself. The buyer will have to give the escrow person his password and change it again after. With an automatic escrow system, the buyer can claim falsely that the code was already redeemed when he received it or that his account was blocked after.
10) Don't sell any cryptocoin to paypal or other reversible system, unless the buyer has good reputation. The buyer can chargeback and, since it's against paypal's TOS to trade currency, paypal usually gives your money back to the buyer.


Here is a list of escrow members: https://bitcointalk.org/index.php?topic=108716.0

I agree with what you said there is no one that exceed scamming most people in crypto world want to out smart the other person because once someone is good at reading insights to data he or she will know when to pump out coins and mostly newbies are always a victim. Legendary member that does this doesnt it mean he have scam the newbie because his yet to master this crypto trading

[tony314159265359]

Helpful post for me.

[cryptokirby88]

Reading this forum can give us ideahowto do trading and even buying. This will us to understand more about bitcoin, I recommend this forum for a newbie like me. This is great!

[majacash]

Thanks for the information, highly needed at this crucial which so much projects are sprinkling out every minutes

[kjcmybrotha]

1) Don't just trust the status of a member, anyone can be a hero member. This just means that he invested some time on his membership. He can always decide that a profitable scam will be a good payment for his time. However, a Hero account without negative feedback can be sold for more than 0.5 btcs. Therefore, he probably won't scam you for less than that, because a negative feedback from you would lower its value substantially.
2) Never deal with anyone without doing a search in the forum with his nickname, in order to check if he has scam accusations.
3) Ask for his coin address and always search it on http://blockchain.info, www.cryptocoinexplorer.com or other similar site, to verify if his address has the amounts he wants to sell.
4) Be very suspicious about proposals well under market price or if he accepts your proposal under market price with no negotiation.
5) Look for the reputation/trust of the member, checking also his successful trades, in the form of vouches from the other party on the deal. Be aware that positive trust can be forged by making and using more bitcointalk accounts and the trust system can be more or less avoided by changing its settings.
6) Even if he has some reputation, never send all the money in one transfer: send one first small tranche (ex. 0.05 btc) and wait for his payment. Send a second little higher tranche and wait again, etc. Small increments, because he might decide to pay you the first and second, to scam a bigger tranche. Always suspect if he doesn't accept to trade in small tranches, unless he has an excellent reputation.
7) If he has no reputation (specially if he is a newbie or Jr.), even small tranches are very risky. Better use an escrow system, like the one of www.btcrow.com, or a trusted member, or you might need to send more than 10 very small tranches. Think well before sending more than 0.15 btcs (it's considerable money in some countries) and only after 3 or 4 successful payments of 0.05 and 0.1 btcs.
8] For big amounts use an escrow system, unless the member has an excellent reputation. If he doesn't accept, forget the deal. Always protect your capital.
9) Only trade codes (ex. of virtual gift cards) with members with a very good reputation or using a very trusted escrow member that will have to go to the account and apply the code himself. The buyer will have to give the escrow person his password and change it again after. With an automatic escrow system, the buyer can claim falsely that the code was already redeemed when he received it or that his account was blocked after.
10) Don't sell any cryptocoin to paypal or other reversible system, unless the buyer has good reputation. The buyer can chargeback and, since it's against paypal's TOS to trade currency, paypal usually gives your money back to the buyer.


Here is a list of escrow members: https://bitcointalk.org/index.php?topic=108716.0

I agree with what you said there is no one that exceed scamming most people in crypto world want to out smart the other person because once someone is good at reading insights to data he or she will know when to pump out coins and mostly newbies are always a victim. Legendary member that does this doesnt it mean he have scam the newbie because his yet to master this crypto trading

completely agree.

[bekhuong45]

excellent information and advice... amazing list well done for ur hard work... hope u were not scammed!! kkkk

[CryptGo]

Is there no other way to safely trade over the counter?  what does it mean to use escrow?

thanks.  im trying to figure out the best way to do this.

[newpower]

Thank you for very useful and educational comments.
I was lucky to read this comment which might be good to put in "Beginners and Help".

[yuraayura]

and how about yobit exchange ? my ucash withdrawl always proccesing in 3days , not confirmed . i ask support unread , not answer . Please give me solution .

[ROMANALADIN]

At the same time, one should not forget that there is no absolute reliability and will not be either when working with crypto assets or with traditional financial operators. To be afraid of threats costs, but much more effective will be competent work with them...

[BitPoo]

I'm a newbie, please don't buy my coin, its a waste of money