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Author Topic: [ANN] [ON SALE] Northern Cardinal Loaded Note SOLD OUT  (Read 1418 times)
hybridsole
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July 05, 2019, 07:45:55 PM
 #61

Thank you the info, but just to clarify:

Cannot anyone see TXIDs, since it is all the same address they have to send to?

E.g. this 0.05BTC with this TXID has not been send by me, but how would they ever know that if I just mail this TXID?
870440beea57194939b61b73b0ecd3791e7f11259375152ed8034ed635afdd36

I understand of course we don't aim at cheating...

polymerbit would notice two people using the same txid, he would then know something was up and request that both people sign a message from the sending address. only the real sender would be able to sign.

Exactly this. We will keep a close eye on the BTC coming in and the associated addresses.

Each order will have an associated TXID. We are building a spreadsheet for it.

That is why we need your order number. We can then match all. And see who is outstanding  Wink

This is why you should use a payment processor that gives each customer their own BTC address to pay...  makes it super easy to keep track of any and all orders.  Wink

Yes it would be problematic if honest customer pays from exchange where they do not control private key.  Dishonest customer notices this (because exchanges tend to batch transactions and are easily visible) and says that was my transaction.  You would not likely get the exchange to investigate this, so it would potentially never get resolved. 
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July 05, 2019, 09:35:00 PM
 #62

Yes it would be problematic if honest customer pays from exchange where they do not control private key.  Dishonest customer notices this (because exchanges tend to batch transactions and are easily visible) and says that was my transaction.  You would not likely get the exchange to investigate this, so it would potentially never get resolved. 
There is an easy solution for that: "Though luck". Either you can proof you bought the note and loaded it or you get nothing. Plus, as they used an exchange to sent the funds, it cannot be returned. ‍

I do agree that Polymerbit should have used multiple address so it would be a lot easier to track who paid what.

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July 05, 2019, 09:54:01 PM
Last edit: July 05, 2019, 10:11:48 PM by bavicrypto
 #63

Yes it would be problematic if honest customer pays from exchange where they do not control private key.  Dishonest customer notices this (because exchanges tend to batch transactions and are easily visible) and says that was my transaction.  You would not likely get the exchange to investigate this, so it would potentially never get resolved.  
There is an easy solution for that: "Though luck". Either you can proof you bought the note and loaded it or you get nothing. Plus, as they used an exchange to sent the funds, it cannot be returned. ‍

I do agree that Polymerbit should have used multiple address so it would be a lot easier to track who paid what.

You could always send a screenshot of the transaction from the exchange if that would be the case.

The only way is up ~bavicrypto
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July 05, 2019, 10:03:57 PM
 #64

You could always send a screenshot of the transaction from the exchange it that would be the case.
Easily faked with "Inspect element" and just editing it to be whatever you want it to be.

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July 06, 2019, 12:45:04 PM
 #65

You could always send a screenshot of the transaction from the exchange it that would be the case.
Easily faked with "Inspect element" and just editing it to be whatever you want it to be.


For this run we found it was mostly people we know that ordered, some of whom I've had the pleasure of meeting in person. I strongly doubt someone will try to cheat us or others out of 0.005 BTC because it would be swiftly noticed; and the party at fault would be publicly banned from ordering from us again.

We agree that for the future better measures can be implemented. And we will be looking at options after shipping these out. However, for this run it seems that this potential event would be quite limited in scope if it were to occur.

Since this series will continue with higher denominations (therefore higher risk), it will be imperative to mitigate this for the next run.

The next note in the series, code name: 'blue jay' will be 0.01 BTC.

We appreciate you brought this to our attention.

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July 07, 2019, 06:14:14 PM
 #66

Hello everyone,

As you know we are planing to start shipping on Monday.

So if you haven't done so already, please send us your order number and TXID.

We cannot ship without both payments in order.  Smiley

-Daniele

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July 15, 2019, 04:32:46 PM
 #67

Just received this beautiful note! Number 39 out of 66!

Some pictures to tease  Wink can be found here:

https://imgur.com/a/ryiWhjl

Great work from the people at PolymerBit!

Looking forward to the next one!
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