CoinsAreBubble (OP)
Newbie
 Offline
Activity: 49
Merit: 0
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May 10, 2018, 02:19:25 PM |
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The question is following:
How to make deals in crypto currency?
As I know signing a document gives nothing, because it has no legal effect. I provide some services and it is a real headache sometimes.
Deals with < 1 BTC are completed with no problems. But if it is much bigger, here comes the problems. I can't change the type of payment. There is no fraud. Clients which I know in person do not ask such questions or have some mistrust. But if we don't know each other and he contacts me for service, there is a long conversation with no result. I want to break this wall.
Have you dealt with such problem? How did you solve it?
I would appreciate it if you could give me some advice. Thanks.
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The grue lurks in the darkest places of the earth. Its favorite diet is adventurers, but its insatiable appetite is tempered by its fear of light. No grue has ever been seen by the light of day, and few have survived its fearsome jaws to tell the tale.
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audaciousbeing
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May 10, 2018, 03:43:01 PM
Last edit: May 10, 2018, 04:02:50 PM by audaciousbeing |
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The question is following:
How to make deals in crypto currency?
As I know signing a document gives nothing, because it has no legal effect. I provide some services and it is a real headache sometimes.
Deals with < 1 BTC are completed with no problems. But if it is much bigger, here comes the problems. I can't change the type of payment. There is no fraud. Clients which I know in person do not ask such questions or have some mistrust. But if we don't know each other and he contacts me for service, there is a long conversation with no result. I want to break this wall.
Have you dealt with such problem? How did you solve it?
I would appreciate it if you could give me some advice. Thanks.
When it comes to business, try to separate it from fun or closeness. If you are finding it difficult to break, just do it gradually. Get another friend of yours to act as your client executive and when you negotiate, just inform your client that my client executive will just send you some paper works just for organization purposes and nothing serious. Then inform them to send it back to you when they sign so as to avoid disagreements. Before you do that, just have a template letter of engagement or memorandum of understanding which will detailed all of your terms and currency expressly and ensure you comply with it. It might be difficult at first, but eventually they will fall in line and you can know within you that you have move forward in your service rendering. |
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sahabond
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May 10, 2018, 04:58:21 PM |
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in my opinion, it is necessary to conclude large transactions in the presence of personal protection and create an exchange only in case of actual confirmation of money.
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sahabond
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May 10, 2018, 04:59:20 PM |
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it is even better to find large trading enterprises that work under smart contracts.
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Lucasgabd
Legendary
Offline
Activity: 2506
Merit: 1113
There's no need to be upset
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May 10, 2018, 05:03:09 PM |
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The question is following:
How to make deals in crypto currency?
As I know signing a document gives nothing, because it has no legal effect. I provide some services and it is a real headache sometimes.
Deals with < 1 BTC are completed with no problems. But if it is much bigger, here comes the problems. I can't change the type of payment. There is no fraud. Clients which I know in person do not ask such questions or have some mistrust. But if we don't know each other and he contacts me for service, there is a long conversation with no result. I want to break this wall.
Have you dealt with such problem? How did you solve it?
I would appreciate it if you could give me some advice. Thanks.
have you considered using a escrow for larger deals? even an exchange. this could solve the problems. |
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jahn_quid
Newbie
Offline
Activity: 182
Merit: 0
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May 11, 2018, 06:56:33 AM |
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The question is following:
How to make deals in crypto currency?
As I know signing a document gives nothing, because it has no legal effect. I provide some services and it is a real headache sometimes.
Deals with < 1 BTC are completed with no problems. But if it is much bigger, here comes the problems. I can't change the type of payment. There is no fraud. Clients which I know in person do not ask such questions or have some mistrust. But if we don't know each other and he contacts me for service, there is a long conversation with no result. I want to break this wall.
Have you dealt with such problem? How did you solve it?
I would appreciate it if you could give me some advice. Thanks.
What exactly is the question? Are you asking for a technical solution? Or asking for advice on how to handle this personal situation? |
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vintages
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May 11, 2018, 12:58:28 PM |
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If I understand you correctly, you are asking of how to break the barrier of having a long conversation without no results? Since you say you don't know the client in person, so don't blame them for asking questions to prove your authenticity. You can only reduce this by providing an online contract whereby you both will sign electronically and the consequences if any of you don't stand with the agreement. And also provide an escrow option like the user above stated. Probably, these will them ask less questions and get down with business.
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floripaolo
Newbie
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Activity: 9
Merit: 0
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May 11, 2018, 01:08:01 PM |
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We make "bigger" deals (real estate). Better done with professionals that have some passed experience in the field.... IMHO
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CoinsAreBubble (OP)
Newbie
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Activity: 49
Merit: 0
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May 11, 2018, 02:18:18 PM |
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it is even better to find large trading enterprises that work under smart contracts.
It is quite complicated procedure. Doesn't worth it. |
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CoinsAreBubble (OP)
Newbie
Offline
Activity: 49
Merit: 0
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May 11, 2018, 02:19:27 PM |
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The question is following:
How to make deals in crypto currency?
As I know signing a document gives nothing, because it has no legal effect. I provide some services and it is a real headache sometimes.
Deals with < 1 BTC are completed with no problems. But if it is much bigger, here comes the problems. I can't change the type of payment. There is no fraud. Clients which I know in person do not ask such questions or have some mistrust. But if we don't know each other and he contacts me for service, there is a long conversation with no result. I want to break this wall.
Have you dealt with such problem? How did you solve it?
I would appreciate it if you could give me some advice. Thanks.
What exactly is the question? Are you asking for a technical solution? Or asking for advice on how to handle this personal situation? Second one. |
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CoinsAreBubble (OP)
Newbie
Offline
Activity: 49
Merit: 0
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May 11, 2018, 02:23:15 PM |
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If I understand you correctly, you are asking of how to break the barrier of having a long conversation without no results? Since you say you don't know the client in person, so don't blame them for asking questions to prove your authenticity. You can only reduce this by providing an online contract whereby you both will sign electronically and the consequences if any of you don't stand with the agreement. And also provide an escrow option like the user above stated. Probably, these will them ask less questions and get down with business.
The problem is that a contract in crypto currency doesn't have any legal effect. Escrows are also controversial option. I don't want always to work via escrows. |
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vintages
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May 11, 2018, 10:37:45 PM |
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Well, you should explain to your clients why you couldn't make a contract for the cryptos payment method, be transparent. And, I know you don't want another payment method as an option; but if you really want the growth of your business, it's best you should bend rules that will suit your clients. If they demand for another payment method aside cryptos kindly give them that advantage since you seem not to prefer escrow.
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