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simplelove (OP)
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April 19, 2012, 08:07:43 AM
 #1

okat i came across athis dude why would trade bit for western union. But i was little insecured cuz he wants me to transfer before paying me. anyone think i should doit ? its cheap... $50 for 20btc
There are several different types of Bitcoin clients. The most secure are full nodes like Bitcoin Core, which will follow the rules of the network no matter what miners do. Even if every miner decided to create 1000 bitcoins per block, full nodes would stick to the rules and reject those blocks.
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mufa23
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April 19, 2012, 08:10:07 AM
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http://www.youtube.com/watch?v=gvdf5n-zI14

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Nyaaan
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April 19, 2012, 10:09:11 AM
 #3

Don't do it, it's too risky
Stephen Gornick
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April 19, 2012, 10:21:34 AM
 #4

There's an escrow service that you could consider trying:
 - http://webchat.freenode.net/?channels=#bitcoin-escrow

You agree to which person you both trust for escrow (check ratings on the #bitcoin-otc Web of Trust (WoT).  The seller sends the bitcoins to the escrow, you send Western Union, and the seller releases the BTCs to you.

If the seller doesn't agree to this, then chances are greater that it was a scam attempt.

Unichange.me

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Nyaaan
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April 19, 2012, 10:26:30 AM
 #5

Yes, you definitely need an escrow for this deal.
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