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Author Topic: SR $100k+ bitcoin scam  (Read 8147 times)
AndrewBUD
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May 26, 2012, 01:26:53 PM
 #41

There is a lot of sellers that require FE even if you have good stats or not... most people will FE without quesiton...


I sir got ripped off by Tony75 trying to buy something for a friend... Well the douche took off with my friends coins.... He would only take early finalization on any 420 sale order... I ordered from him before sucessfully... So i didn't see the big deal...... well there goes almost 30 btc....
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AndrewBUD
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May 26, 2012, 02:59:10 PM
 #42

LOL im sure you dont... A  lot of vendors offer sale prices and require FE to get this sale price.....

I learned my lesson..... I dont finalize early... Never......I may pay a seller directly if I want a sample or something smaller then what is listed....
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May 26, 2012, 06:25:36 PM
 #43

I don't get it.  What does Finalize Early do?
Releases funds from escrow (SR provides this for all transactions at no cost). When the buyer pays, he pays a Silk Road account, not the seller directly. Silk Road then notifies the seller the buyer has sent funds. When the buyer confirms he's received what he ordered (when the order's "finalized," rather), escrow funds are released to the seller. If the buyer claims the product hasn't arrived after x days, they enter an arbitration process with SR staff.

Finalizing early effectively bypasses escrow altogether and sends funds immediately to the seller before the buyer confirms receipt of goods purchased.

(IIRC)

Don't mix your coins someone said isn't legal
AndrewBUD
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May 26, 2012, 06:41:35 PM
 #44

What sir said above I.
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May 26, 2012, 08:21:33 PM
 #45

well I think its important to remember,

if a deal is too good its a scam

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May 27, 2012, 09:30:05 AM
 #46

yeah I took a look over at SR,
now you even can't finalize for 3 days.

but one has to understand the sellers too, if they have to wait 20 days for their money.

Even worse is when the customer receive his goods but still claim it never arrived,
I don't even know how such people can get high or trip when knowing they screwed their supplier over.

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May 27, 2012, 12:01:47 PM
 #47

That's why a lot of vendors ask for early finalization.. Money is an issue and scammers.... I for one have great stats and should never be asked for FE....
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May 28, 2012, 01:18:06 PM
 #48

WOW, this is unfortunate, especially at a time like this.
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May 29, 2012, 12:53:39 AM
 #49

I been on SR for a while and I seen alot of BS go on there. Tony76 had a good rep, then just disappeared. I didn't know it was for over six figures. That's truly a mess.
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