[SOLD] WTS 2 BTC for USPS Money Orders

[shawshankinmate37927]

I'm selling 2 BTC at the Bitstamp exchange rate.  Doesn't have to be one buyer, I'm willing to sell smaller amounts to multiple buyers.  Escrow welcome, as long as you're paying the fees.  If we use escrow, then I will send the BTC first.  Otherwise, you will be required to send your payment first and I will send the BTC after your money order is received.  For those located in Southern California, I'm also willing to accept cash in person at Pechanga Casino, where there is plenty of security.

[shawshankinmate37927]

Bump

[Marcos Guevara]

accept paypal ? i will pay first

[shawshankinmate37927]

accept paypal ? i will pay first

 

I accept money orders.  Use escrow and I'll even send first.

[insertcoolusername]

Use escrow how?  How do I escrow a moneyorder?

[shawshankinmate37927]

Use escrow how?  How do I escrow a moneyorder?

1. I send the BTC to escrow.
2. You send the money order to escrow.
3. Escrow cashes your money order to confirm it's valid, then buys a new one.
4. Escrow sends the BTC to you and mails the new money order to me.

[insertcoolusername]

Use escrow how?  How do I escrow a moneyorder?

1. I send the BTC to escrow.
2. You send the money order to escrow.
3. Escrow cashes your money order to confirm it's valid, then buys a new one.
4. Escrow sends the BTC to you and mails the new money order to me.

That sounds as convoluted as all hell, and more risky than just dealing direct with someone.  Escrow not supposed to be that crazy.

[pontiacg5]

But, like assorted.goods says there's no reason for the money order to ever go to escrow. The buyer can send copies of receipts for the money order to the escrow, as well as signature delivery receipts. The money order is traceable, so forging one sure would be hard.

http://es-about.usps.com/postal-bulletin/2012/pb22328/html/mo_003.htm

Besides, fu--ing with a USPS money order shipped in the USPS mail is a great way to start a scamming career.

The only flub-up step in this scenario is the seller is sent a fake money order, yet somehow cashes the legitimate one himself in a way that the escrow agent can't verify who or where it was cashed. Western union might be a good alternative.

[shawshankinmate37927]

Wouldn't it be safer to send you the money order directly? Any postal clerk can verify whether it's been redeemed. I'm potentially interested in buying fractional bitcoins, but I do not want to make out a money order to anyone but the recipient.

Can any postal clerk determine who the money order was made out to and who redeemed it and how much it was for, or just that a particular money order has been redeemed?

[pontiacg5]

Wouldn't it be safer to send you the money order directly? Any postal clerk can verify whether it's been redeemed. I'm potentially interested in buying fractional bitcoins, but I do not want to make out a money order to anyone but the recipient.

Can any postal clerk determine who the money order was made out to and who redeemed it and how much it was for, or just that a particular money order has been redeemed?

When you get a money order you fill it out yourself, so I doubt there is any way to track who actually cashed it. The USPS might do some legwork for you though, probably not without a lot of phone calls.

Those money orders are traceable by a phone call though as to if they are valid or not, so the dollar amount and validity are nothing to worry about.

[shawshankinmate37927]

That sounds as convoluted as all hell, and more risky than just dealing direct with someone.  Escrow not supposed to be that crazy.

That sounds like something a scammer would say.

[shawshankinmate37927]

When you get a money order you fill it out yourself, so I doubt there is any way to track who actually cashed it. The USPS might do some legwork for you though, probably not without a lot of phone calls.

Those money orders are traceable by a phone call though as to if they are valid or not, so the dollar amount and validity are nothing to worry about.

Just seems simpler to send the money order to escrow.  That way the BTC stay with him until he knows for a fact it's legitimate.  No need to have postal workers investigate afterwards if someone is trying to scam.

[insertcoolusername]

That sounds as convoluted as all hell, and more risky than just dealing direct with someone.  Escrow not supposed to be that crazy.

That sounds like something a scammer would say.

No it doesnt, are you serious?

You want to send btc to someone, me send a money order to that person, ask that person to cash my money order, then buy you a new money order, and send it to you.  How does that even make sense?  You say you will send first in that instance...It would take me the same amount of time to just send you the money order, and not risk 2 people having my money, as opposed to just one trustworthy person.

You are asking the escrow person to do a whole hell of a lot extra work for you.....good luck finding an escrow that doesnt mind running to cash and buy money orders all day lol.

I'd like to think you are trustworthy enough to just send a money order to....

[pontiacg5]

That sounds as convoluted as all hell, and more risky than just dealing direct with someone.  Escrow not supposed to be that crazy.

That sounds like something a scammer would say.

No it doesnt, are you serious?

You want to send btc to someone, me send a money order to that person, ask that person to cash my money order, then buy you a new money order, and send it to you.  How does that even make sense?  You say you will send first in that instance...It would take me the same amount of time to just send you the money order, and not risk 2 people having my money, as opposed to just one trustworthy person.

You are asking the escrow person to do a whole hell of a lot extra work for you.....good luck finding an escrow that doesnt mind running to cash and buy money orders all day lol.

I'd like to think you are trustworthy enough to just send a money order to....

That's the problem. He's not the one who has to be trustworthy with the money order, you are. If you can't see that you probably are a scammer, hoping someone misses this little catch that would let you weasel away with stolen funds.

You could send a fake money order, yet cash the real one yourself. If the escrow agent looked it up it would show as a valid, cashed money order as there is no way to verify who cashed the money order. The seller of the bitcoins gets a fake check, hooray.

Western union will verify that the person coming to pick up the money is who they say they are though. Much better option IMO.

[insertcoolusername]

That sounds as convoluted as all hell, and more risky than just dealing direct with someone.  Escrow not supposed to be that crazy.

That sounds like something a scammer would say.

No it doesnt, are you serious?

You want to send btc to someone, me send a money order to that person, ask that person to cash my money order, then buy you a new money order, and send it to you.  How does that even make sense?  You say you will send first in that instance...It would take me the same amount of time to just send you the money order, and not risk 2 people having my money, as opposed to just one trustworthy person.

You are asking the escrow person to do a whole hell of a lot extra work for you.....good luck finding an escrow that doesnt mind running to cash and buy money orders all day lol.

I'd like to think you are trustworthy enough to just send a money order to....

That's the problem. He's not the one who has to be trustworthy with the money order, you are. If you can't see that you probably are a scammer, hoping someone misses this little catch that would let you weasel away with stolen funds.

You could send a fake money order, yet cash the real one yourself. If the escrow agent looked it up it would show as a valid, cashed money order as there is no way to verify who cashed the money order. The seller of the bitcoins gets a fake check, hooray.

Western union will verify that the person coming to pick up the money is who they say they are though. Much better option IMO.

What are you talking about?  He wouldnt send the btc until he cashed the MO himself......  How hard is that to understand?  No one is asking him to send btc before he cashes the MO.  

[shawshankinmate37927]

That sounds as convoluted as all hell, and more risky than just dealing direct with someone.  Escrow not supposed to be that crazy.

That sounds like something a scammer would say.

No it doesnt, are you serious?

You want to send btc to someone, me send a money order to that person, ask that person to cash my money order, then buy you a new money order, and send it to you.  How does that even make sense?  You say you will send first in that instance...It would take me the same amount of time to just send you the money order, and not risk 2 people having my money, as opposed to just one trustworthy person.

You are asking the escrow person to do a whole hell of a lot extra work for you.....good luck finding an escrow that doesnt mind running to cash and buy money orders all day lol.

I'd like to think you are trustworthy enough to just send a money order to....

Two people don't have your money.  Only the escrow agent.  As soon as he successfully redeems your money order, the BTC are released to you--before the new money order gets to me.

It's a little inconvenient, but a small price to pay for those who don't want to be scammed.  Scammers are all over this forum, so you can't be too cautious.

I like to think I'm trustworthy too, but that's not my call--it's the buyer's.  I don't blame them for not trusting me because of all the scams that go on around here.  For them, I'm willing to use escrow.

[insertcoolusername]

That sounds as convoluted as all hell, and more risky than just dealing direct with someone.  Escrow not supposed to be that crazy.

That sounds like something a scammer would say.

No it doesnt, are you serious?

You want to send btc to someone, me send a money order to that person, ask that person to cash my money order, then buy you a new money order, and send it to you.  How does that even make sense?  You say you will send first in that instance...It would take me the same amount of time to just send you the money order, and not risk 2 people having my money, as opposed to just one trustworthy person.

You are asking the escrow person to do a whole hell of a lot extra work for you.....good luck finding an escrow that doesnt mind running to cash and buy money orders all day lol.

I'd like to think you are trustworthy enough to just send a money order to....

Two people don't have your money.  Only the escrow agent.  As soon as he successfully redeems your money order, the BTC are released to you--before the new money order gets to me.

It's a little inconvenient, but a small price to pay for those who don't want to be scammed.  Scammers are all over this forum, so you can't be too cautious.

I like to think I'm trustworthy too, but that's not my call--it's the buyer's.  I don't blame them for not trusting me because of all the scams that go on around here.  For them, I'm willing to use escrow.

Just seems like a lot of work for the escrow agent.  Thats all I was getting at.  I don't know about how many people here steal or whatnot, it just seemed like there was about 40 too many steps in doing it this way.  (OK, exageration)

[SaltySpitoon]

When you buy a Post Office Money Order, they ask for the person to receive's it's name, and the recipient will have to show ID to actually get the money, so an escrow agent couldn't cash it for you. You can't get an already spent USPS Money Order.

Do keep in mind the largest amount that they will do is $1000, and in order to cash it, they will actually have to have $1000 in cash at that USPS location, so you either have to get lucky, or go to a larger Post Office.

[pontiacg5]

When you buy a Post Office Money Order, they ask for the person to receive's it's name, and the recipient will have to show ID to actually get the money, so an escrow agent couldn't cash it for you. You can't get an already spent USPS Money Order.

Do keep in mind the largest amount that they will do is $1000, and in order to cash it, they will actually have to have $1000 in cash at that USPS location, so you either have to get lucky, or go to a larger Post Office.

Are you sure? I seem to recall getting USPS money orders where you wrote the payee's name in yourself? In that case you'd have to get a copy of the cashed money order somehow. 

[camolist]

Are you sure? I seem to recall getting USPS money orders where you wrote the payee's name in yourself? In that case you'd have to get a copy of the cashed money order somehow. 

same here. i've only ever seen usps money orders that you fill in yourself as well


official / certified bank checks on the other hand have always wanted to print the persons name onto the check