Axorb/ mukundh3 [Resolved]

[Pinwheel]

....

[Benson Samuel]

@mukundh3 be careful with smart kids here, who do not have nothing not a bitcoins not a money. They usually ask client to pay in advance, then they will rush to someone, who has bitcoins and try to buy in a hurry bitcons on lower rate and then send bitcons to you. Always be sure to ask a prove of that vendor has bitcoins, ask him to show you address and ask him to sign a message with your name to prove that it is in fact his address.

@Benson this BS trading practice have to be stopped here, any one who trying to sell btc without having it, have to be given SCAM TAG.
if you go soft of them, that can means only one thing - You are involved in it yourself!

Who is selling BTC without having it? If proven, that would involve a scam tag or an inquiry at the very least.
And I agree with the fact that anyone trading BTC without Escrow, Reputed sellers or Face to Face, will eventually get scammed like a rockstar.

[Pinwheel]

@mukundh3 be careful with smart kids here, who do not have nothing not a bitcoins not a money. They usually ask client to pay in advance, then they will rush to someone, who has bitcoins and try to buy in a hurry bitcons on lower rate and then send bitcons to you. Always be sure to ask a prove of that vendor has bitcoins, ask him to show you address and ask him to sign a message with your name to prove that it is in fact his address.

@Benson this BS trading practice have to be stopped here, any one who trying to sell btc without having it, have to be given SCAM TAG.
if you go soft of them, that can means only one thing - You are involved in it yourself!

Who is selling BTC without having it? If proven, that would involve a scam tag or an inquiry at the very least.
And I agree with the fact that anyone trading BTC without Escrow, Reputed sellers or Face to Face, will eventually get scammed like a rockstar.

why not mukundh3 will come out and post names of those who offered bitcoins to him.

for example legendster made a offer,

I'll give you similar rates of what you are asking.

show us 20 btc dear

---

Thinking about doing a transaction with axorb, but he wants me to go first.

axorb, any desire to show us your 20 bitcoins

----

any one want to see my bitcoins?  here is my mining address from btcguild only

http://blockchain.info/address/1A83UrfJpETCUmTXRQVHC9g8heamy3nRy5

[subvolatil]

@mukundh3 be careful with smart kids here, who do not have nothing not a bitcoins not a money. They usually ask client to pay in advance, then they will rush to someone, who has bitcoins and try to buy in a hurry bitcons on lower rate and then send bitcons to you. Always be sure to ask a prove of that vendor has bitcoins, ask him to show you address and ask him to sign a message with your name to prove that it is in fact his address.

@Benson this BS trading practice have to be stopped here, any one who trying to sell btc without having it, have to be given SCAM TAG.
if you go soft of them, that can means only one thing - You are involved in it yourself!

Who is selling BTC without having it? If proven, that would involve a scam tag or an inquiry at the very least.
And I agree with the fact that anyone trading BTC without Escrow, Reputed sellers or Face to Face, will eventually get scammed like a rockstar.

why not mukundh3 will come out and post names of those who offered bitcoins to him.

for example legendster made a offer,

I'll give you similar rates of what you are asking.

show us 20 btc dear

---

Thinking about doing a transaction with axorb, but he wants me to go first.

axorb, any desire to show us your 20 bitcoins

----

any one want to see my bitcoins?  here is my mining address from btcguild only

http://blockchain.info/address/1A83UrfJpETCUmTXRQVHC9g8heamy3nRy5

Well pinwheel i  see it differently , if  a   seller  here  does  not have  bitcoin  but  honors  the  deal  by   getting  bitcoins  from another  person at a lower  price. then it  is  ok. but   if  some one  takes  the money and   vanishes  now  that is  a  scam. 

This  what is  happening  is   just  business.

but  you know  some  thing, you  can  destroy  your  competition and  take over  the  market if you  play  it  smart.  may be  its  time  for  you  to  do a  hostile  take over  the  bitcoin market.  you  do have the BTC  volumes , you have  your  rig, and  all you  need to  do is,  start  playing  market  force. 

Just  a  thought .

[escrow.ms]

Well pinwheel i  see it differently , if  a   seller  here  does  not have  bitcoin  but  honors  the  deal  by   getting  bitcoins  from another  person at a lower  price. then it  is  ok. but   if  some one  takes  the money and   vanishes  now  that is  a  scam.  

This  what is  happening  is   just  business.

but  you know  some  thing, you  can  destroy  your  competition and  take over  the  market if you  play  it  smart.  may be  its  time  for  you  to  do a  hostile  take over  the  bitcoin market.  you  do have the BTC  volumes , you have  your  rig, and  all you  need to  do is,  start  playing  market  force.  

Just  a  thought .

Well i agree with subvolatil , if someone is using escrow and giving Bicoins to buyer than it's plain business.

If you disagree with that opinion ^
Feel free to request scam tag for all the peoples who are doing legit group buy's and charging more money from peoples without having asics in hand.

[Pinwheel]

@mukundh3 be careful with smart kids here, who do not have nothing not a bitcoins not a money. They usually ask client to pay in advance, then they will rush to someone, who has bitcoins and try to buy in a hurry bitcons on lower rate and then send bitcons to you. Always be sure to ask a prove of that vendor has bitcoins, ask him to show you address and ask him to sign a message with your name to prove that it is in fact his address.

@Benson this BS trading practice have to be stopped here, any one who trying to sell btc without having it, have to be given SCAM TAG.
if you go soft of them, that can means only one thing - You are involved in it yourself!

Who is selling BTC without having it? If proven, that would involve a scam tag or an inquiry at the very least.
And I agree with the fact that anyone trading BTC without Escrow, Reputed sellers or Face to Face, will eventually get scammed like a rockstar.

why not mukundh3 will come out and post names of those who offered bitcoins to him.

for example legendster made a offer,

I'll give you similar rates of what you are asking.

show us 20 btc dear

---

Thinking about doing a transaction with axorb, but he wants me to go first.

axorb, any desire to show us your 20 bitcoins

----

any one want to see my bitcoins?  here is my mining address from btcguild only

http://blockchain.info/address/1A83UrfJpETCUmTXRQVHC9g8heamy3nRy5

Well pinwheel i  see it differently , if  a   seller  here  does  not have  bitcoin  but  honors  the  deal  by   getting  bitcoins  from another  person at a lower  price. then it  is  ok. but   if  some one  takes  the money and   vanishes  now  that is  a  scam. 

This  what is  happening  is   just  business.

but  you know  some  thing, you  can  destroy  your  competition and  take over  the  market if you  play  it  smart.  may be  its  time  for  you  to  do a  hostile  take over  the  bitcoin market.  you  do have the BTC  volumes , you have  your  rig, and  all you  need to  do is,  start  playing  market  force. 

Just  a  thought .

if you selling something what you dont have it is a SCAM it is not a business.

I do not have any competition here as I do not sale here, just presenting. 1,4 btc to axorb not count. I sale on mtgox, bitstamp and btc-e, sorry for not promoting bitcoins in India.

Most funny thing in this thread is that person, who do not have money, buying bitcoins from people who do not have bitcoins. Fosbury flop, with me on top.

this thread is complete utter bull shit, I cant remember anything like that. Good luck to all of you in your BUSINESS!!!

[Pinwheel]

Well pinwheel i  see it differently , if  a   seller  here  does  not have  bitcoin  but  honors  the  deal  by   getting  bitcoins  from another  person at a lower  price. then it  is  ok. but   if  some one  takes  the money and   vanishes  now  that is  a  scam.  

This  what is  happening  is   just  business.

but  you know  some  thing, you  can  destroy  your  competition and  take over  the  market if you  play  it  smart.  may be  its  time  for  you  to  do a  hostile  take over  the  bitcoin market.  you  do have the BTC  volumes , you have  your  rig, and  all you  need to  do is,  start  playing  market  force.  

Just  a  thought .

Well i agree with subvolatil , if someone is using escrow and giving Bicoins to buyer than it's plain business.

If you disagree with that opinion ^
Feel free to request scam tag for all the peoples who are doing legit group buy's and charging more money from peoples without having asics in hand.

is not I made myself clear. It is normal practice on this forum to ask some one to show bitcoin address where he has bitcoins. Many people been asked and shown a prove of that they have bitcoins. I asked two persons here who proposed to sale 20 btc to show me prove you have it.
Nothing offensive here. How you planing to establish bitcoin as a legit biz in India, when this clowns running their tricks and nobody call them out. So I calling them out.

Using escrow is a must of course

[escrow.ms]

if you selling something what you dont have it is a SCAM it is not a business.

I do not have any competition here as I do not sale here, just presenting. 1,4 btc to axorb not count. I sale on mtgox, bitstamp and btc-e, sorry for not promoting bitcoins in India.

Most funny thing in this thread is that person, who do not have money, buying bitcoins from people who do not have bitcoins. Fosbury flop, with me on top.

this thread is complete utter bull shit, I cant remember anything like that. Good luck to all of you in your BUSINESS!!!

Look if someone is asking money upfront in his bank account without having bitcoins or showing proof then it's called scam because he will might not give bitcoins to buyer.

If someone is buying bitcoins in low, using escrow and selling for high to buyer, Then it's not a scam at all.

[escrow.ms]

is not I made myself clear. It is normal practice on this forum to ask some one to show bitcoin address where he has bitcoins. Many people been asked and shown a prove of that they have bitcoins. I asked two persons here who proposed to sale 20 btc to show me prove you have it.
Nothing offensive here. How you planing to establish bitcoin as a legit biz in India, when this clown running their tricks and nobody call them out. So I calling them out.

Using escrow is a must of course

I agree, but only buyer should ask for proofs not you and me, if he's paying upfront otherwise escrow is must.

[Pinwheel]

is not I made myself clear. It is normal practice on this forum to ask some one to show bitcoin address where he has bitcoins. Many people been asked and shown a prove of that they have bitcoins. I asked two persons here who proposed to sale 20 btc to show me prove you have it.
Nothing offensive here. How you planing to establish bitcoin as a legit biz in India, when this clown running their tricks and nobody call them out. So I calling them out.

Using escrow is a must of course

I agree, but only buyer should ask for proofs not you and me, if he's paying upfront otherwise escrow is must.

common buyer him self is a piece of tool here.

[subvolatil]

if you selling something what you dont have it is a SCAM it is not a business.

I do not have any competition here as I do not sale here, just presenting. 1,4 btc to axorb not count. I sale on mtgox, bitstamp and btc-e, sorry for not promoting bitcoins in India.

Most funny thing in this thread is that person, who do not have money, buying bitcoins from people who do not have bitcoins. Fosbury flop, with me on top.

this thread is complete utter bull shit, I cant remember anything like that. Good luck to all of you in your BUSINESS!!!

i  dont  mind  you not  promoting  bitcoin in  india, i  can  understand  the frustration dealing  and  communicating   with people  here.  

Thats  why i  dont  trade BTC  here, to  much  problems.  

you dont  need to  trade  BTC in  order to   contribute  to this  community.  and  any  ways  you have  contributed alot  to  this  community  by  imparting knowledge to  everyone  here. Keep  doing that.  you are  doing  good  that  way, keep it up.  

[mukundh3]

In contact with axorb, i transferred the money to him but did it late on saturday, so payment was not confirmed that day. Expecting the coins tomorrow morning. Also, i think the limit on cash deposit is 2lakh, and only the recieving party has to have a pan card associated with his account, which i guess everyone should have. I carried a copy of my pan card, i was told it wasn't necessary to make the deposit (>50,000).

Regards

[mukundh3]

is not I made myself clear. It is normal practice on this forum to ask some one to show bitcoin address where he has bitcoins. Many people been asked and shown a prove of that they have bitcoins. I asked two persons here who proposed to sale 20 btc to show me prove you have it.
Nothing offensive here. How you planing to establish bitcoin as a legit biz in India, when this clown running their tricks and nobody call them out. So I calling them out.

Using escrow is a must of course

I agree, but only buyer should ask for proofs not you and me, if he's paying upfront otherwise escrow is must.

common buyer him self is a piece of tool here.

Your too sore a guy man. Ive exchanged info with him, and i got enough vouches and i went for a transaction. In retrospect, i should have used a middleman, cause the transaction took longer than a day anyway. Thanks for your initial help, it was actually useful, but you dont have to lose your cool and start spamming like an idiot just because i dont want to buy 200 of your overpriced btc.

[buysellbitcoin]

Really not sure why it turned out to be such hate thread

Few things I would like to raise here :
1. India is still not a huge market. In small market competition and more providers are good as they will allow the market to grow. You can dominate market later once there actually is market.
2. Escrow is must for Internet deals and it is good that senior members try to advise others to use it. But if someone does not want to use or has other plans or taken precaution its his/her will. Let them do it.

We firmly believe the current market rates in India is hurting bitcoin adoption ( We are also part of this bullshit as of now ) and that we will try to change. Trust me guys the business you see on forums is nothing.

Cheers

[subvolatil]

We firmly believe the current market rates in India is hurting bitcoin adoption ( We are also part of this bullshit as of now ) and that we will try to change. Trust me guys the business you see on forums is nothing.

Cheers

Well i  have  raised this issue  before  and   did  suggest  a  few  solutions  to  it  but  no one  wants  to  use  it  ckz  it becomes  a  change  from  their  normal  routine.  Some  how  i  feel  us  Indians  resists  change.


Any  ways  i  dont know,   if  it is  possible  for  some of us to  meet  up,  may  be  on freenode  and   thrash out  solutions  to  many  problems  plaguing   the indian bitcoin  community . 

[Benson Samuel]

Went through the threads and here are my satoshis.

As long as the supplier fills the demand, one way or the other, there should be no problems. I know some high stakes sellers, who do take pre-orders on Bitcoin. They are quite transparent though, as this is a very high risk business. Their customers know that it is a pre-order before they buy.

For those who have not seen the magnificent scams of Bitcoin, you may want to visit some of the older threads to understand why Pinwheel, buysellbitco.in, escrow.ms, myself and so many others are so passionate about secure sales.

There have been several senior/ hero member/ escrow services/ banks, etc that have vanished overnight after reaching a certain exit amount. They were always awesome with the smaller deals, and they built their business models around improving the deposit amounts from customers.
We had discussed this during some of our first few meetups about a trust center and we all realized that it is an Achilles heel in Bitcoin.

* No Bitcoin seller will first send out Bitcoins to a new buyer. They have to get cash in hand first due to its non-reversible nature. This may change in time as trust grows.
* Try to ascertain brick and mortar identity of the seller. Else ravage the internet for reputation threads and multiple mentions. If there are no matches or if there are dodgy results that do not feel right, do challenge them on the forums and clear out any misconceptions.
* Use escrow only when certain of the Guarantor. Try to use PGP encryption as far as possible with multiple auth techniques before finalizing the deal. Ensure contracts and terms/ follow up is made in a public thread.
* This is not about an individual sale. Every scam becomes a public debacle and increases the amount of time taken for Bitcoin to reach critical mass. Every scam affects Bitcoins price.

Computer technology is on the verge of providing the ability for individuals and groups to communicate and interact with each other in a totally anonymous manner. These developments will alter completely the nature of government regulation, the ability to tax and control economic interactions, the ability to keep information secret, and will even alter the nature of trust and reputation. - Tim May

[Pinwheel]

Benson, if you are covering up for scammers, then you are scammer too. you are trying to introduce trading rules which will facilitate scams, that means you are scammer. Last thing any one need here mod scammer.

[Benson Samuel]

Benson, if you are covering up for scammers, then you are scammer too. you are trying to introduce trading rules which will facilitate scams, that means you are scammer. Last thing any one need here mod scammer.

What trading rules am I facilitating? If you feel that any of my actions indicate scam, do request a scammer tag.

I do understand the need and necessity for Escrow and fair trade. This is why I provide the service. But people are 100% free to use the service or not.

Frame your accusations correctly. This is not appreciated and does not bear any resemblance to what has been said.

[Pinwheel]

Benson, if you are covering up for scammers, then you are scammer too. you are trying to introduce trading rules which will facilitate scams, that means you are scammer. Last thing any one need here mod scammer.

What trading rules am I facilitating? If you feel that any of my actions indicate scam, do request a scammer tag.

I do understand the need and necessity for Escrow and fair trade. This is why I provide the service. But people are 100% free to use the service or not.

Frame your accusations correctly. This is not appreciated and does not bear any resemblance to what has been said.

you wrote:

As long as the supplier fills the demand, one way or the other, there should be no problems.

means if somebody offer to sale bitcoins which he does not have, it is OK if he fills demand. It is not OK.  Sale offer of item which you dont have is a SCAM. What I propose to show prove that seller in fact have bitcoins. Nobody did.

I think this sale of 20 btc is a fake, show me this 20btc transaction to prove other wise. If not it is a scam.

[Benson Samuel]

means if somebody offer to sale bitcoins which he does not have, it is OK if he fills demand. It is not OK.  Sale offer of item which you dont have is a SCAM. What I propose to show prove that seller in fact have bitcoins. Nobody did.

I think this sale of 20 btc is a fake, show me this 20btc transaction to prove other wise. If not it is a scam.

When I bought my Bravia from Sony, they had to procure the unit to sell to me. I got it delivered the next day. I do not know if they had to buy it after taking my money or if they really had it in a warehouse as they had mentioned. But I did get the television set for sure.

20 BTC is a large amount. If the seller does come close to selling, he will have to use Escrow or Face to Face. This goes without saying.

This is a place where a lot of libertarians and free speech champions reside. I have not yet distracted from my goal of not being judgmental or partial till date and I have no plans of changing the same.

You and buysellbitco.in are the only 2 people that I have ever recommended to anyone to buy without escrow. That may be the only mistake that I have made and I will not repeat that mistake.