GoldBits - Newbie scammer

[markj113]

Seen as Goldbits has locked his first thread and made his other a self moderated thread I thought I would raise the scammer here

Profile -
https://bitcointalk.org/index.php?action=profile;u=454486

Thread -
https://bitcointalk.org/index.php?topic=964758.0


Accusation -

Offering 1 X 1oz Gold Buffalo @ 4BTC about 20% under spot  

He is also very proficient at deleting posts from his thread he doesn't like  

Usual scammer profile applies -

Newbie member - check
No trade history - check
Refusing Escrow - check
Wants you to send 1st - check
No pics of goods on offer - check
Goods offered at amazing price - check

1 of 3 scenarios apply -

1) Either he doesnt have the coin full stop and its a scam.
2) He has one but has no intention of sending it so a scam.
3) He has a piss poor fake/copy hoping to pass it off as the real thing.

[1713572652]

1713572652

[KWH]

There are a few other clues as well, such as this "newbie" knowing how start a moderated thread. Many "newbies" are really the same old scammers trying to burn someone. If it sounds too good to be true, it probably is.

[BlindMayorBitcorn]

Deleted Post
« Sent to: BlindMayorBitcorn on: Today at 12:33:59 AM »
   Reply with quoteReply with quote Remove this messageDelete
A reply of yours, quoted below, was deleted by the starter of a self-moderated topic. There are no rules of self-moderation, so this deletion cannot be appealed. Do not continue posting in this topic if the topic-starter has requested that you leave.

You can create a new topic if you are unsatisfied with this one. If the topic-starter is scamming, post about it in Scam Accusations.

Quote
Newbie selling gold below spot. Seems legit. Who are you using for escrow?

[BlindMayorBitcorn]

He's lightening fast on the delete button Like a cowboy.

[Quickseller]

He's lightening fast on the delete button Like a cowboy.

He is very fast indeed. I even expressed interest in buying (with escrow) and he deleted it within a minute.

[markj113]

The idiot is still at it.

How does he even earn the money to buy the gold when he spends all day deleting posts from his scam thread.

This idiot needs banning.

Amazing how greed still draws people in even though its an obvious scam, human nature I suppose 

[the joint]

[xetsr]

Is he using a bot to delete posts or something? Posts are deleted within a minute, sometimes seconds. I tried  posting several times yesterday. Waste of time using that account anyway now that it's all red. Kind of hard to miss..

[hilariousandco]

Is he using a bot to delete posts or something? Posts are deleted within a minute, sometimes seconds. I tried  posting several times yesterday. Waste of time using that account anyway now that it's all red. Kind of hard to miss..

I think he might be. I don't see how he can be online all day and delete posts within well under a minute. He deleted my post to stop bumping the thread with seconds ha. Nobody is going to fall for this anyway.

Weird how he isn't deleting this guys posts:

will u selling me 1 gram bit? future will order more because i have proofs of you

and monies back guarante?

I wonder if he's using him to bump the threads? The last four posts of ManyProofs are in his threads.

[Quickseller]

I wonder if he's using him to bump the threads? The last four posts of ManyProofs are in his thread.

I reported his posts for making too many illegal bumps, and it looks like the various updates were consolidated into one post so someone probably said something to him about bumping too much.

I wouldn't be surprised if they are one and the same.

[AJRGale]

well, he doesn't want to come here and clear their name because "Sorry but I won't get involved in flame wars..." and also wants to know ".. If there is an official rule broken or someone who has lost money to me, then by all means point it out." (from PM'ing the person with: you have a accusation to clear https://bitcointalk.org/index.php?topic=964881.0 )

[xetsr]

Did he just waste an alt account or did someone really just send 4 BTC? 

[hilariousandco]

I don't believe this. Either very fishy or very stupid. He seems way too defensive and understanding of a newb:  https://bitcointalk.org/index.php?topic=964758.msg10559707#msg10559707

I'm sure he will "receive" the coin and profess what a great service the op offered and how he's totally legit. Then more gold will likely be sold this way.

[xetsr]

I don't believe this. Either very fishy or very stupid. He seems way too defensive and understanding of a newb:  https://bitcointalk.org/index.php?topic=964758.msg10559707#msg10559707

I'm sure he will "receive" the coin and profess what a great service the op offered and how he's totally legit. Then more gold will likely be sold this way.

Which is why nobody should remove the negative feedback that was left. There is something wrong here. Planned long term scam?

[hilariousandco]

I think a long con is very likely though I still don't think anyone would send him money first just based on that transaction (assuming the buyer is an alt).

[Quickseller]

I don't believe this. Either very fishy or very stupid. He seems way too defensive and understanding of a newb:  https://bitcointalk.org/index.php?topic=964758.msg10559707#msg10559707

I'm sure he will "receive" the coin and profess what a great service the op offered and how he's totally legit. Then more gold will likely be sold this way.

Which is why nobody should remove the negative feedback that was left. There is something wrong here. Planned long term scam?

it wouldn't need to even be that long term of a scam. The fact that there is a delay between the time payment is received means that he could potentially sell several "coins" before anyone says anything. It would only take a week or so to get a good amount of money.

It should be obvious that the person who bought the coin is somehow associated with the person selling. Anyone with any level of trading experience should know not to send first in this kind of transaction

[markj113]

Even if the sale was genuine and not a puppet account and he offers further coins at stupid prices I would not go near without escrow.

For what your paying - 20% or greater under spot I would also destructive test the gold to ensure there is no tungsten core hiding inside, you loose any coin premium but still a nice profit at melt value.

[Anixs]

SCAMMER WARNING

I think that poor guy lost his 4BTC

I noticed something VERY interesting this morning!!!  Someone posted this link: http://www.alibaba.com/product-detail/2015-high-quality-Replica-custom-1_1926641179.html

When I refreshed the page, GoldBits already deleted it!! (can an admin recover the deleted post?)

Where am I going with this???  Well I have a RCM gold bar & can vouch that each one has a unique serial #.  But these fakes don't! (see the picture on alibaba.com)

Honest GoldBits taking a photo with his RCM bars for our assurance.. What a kind soul! But wait: NOTICE HOW ALL THE SERIAL NUMBERS ARE COVERED?

Amazing coincidence doncha think? 

[markj113]

SCAMMER WARNING

I think that poor guy lost his 4BTC

I noticed something VERY interesting this morning!!!  Someone posted this link: http://www.alibaba.com/product-detail/2015-high-quality-Replica-custom-1_1926641179.html

When I refreshed the page, GoldBits already deleted it!! (can an admin recover the deleted post?)

Where am I going with this???  Well I have a RCM gold bar & can vouch that each one has a unique serial #.  But these fakes don't! (see the picture on alibaba.com)

Honest GoldBits taking a photo with his RCM bars for our assurance.. What a kind soul! But wait: NOTICE HOW ALL THE SERIAL NUMBERS ARE COVERED?

Amazing coincidence doncha think? 

The guy has delete hundreds of posts from his thread.

Fake bars can also come with serials some nice example of Pamp Suisse bars on google.

[hilariousandco]

Just post the messages here if you want but he was deleting most posts in that thread. The guy who he sold to is very likely an alt but the bars and coins could very well be fake. You can buy the fake gold bars on ebay easily enough.

[GoldBits]

Usual scammer profile applies -

Newbie member - check
No trade history - check
Refusing Escrow - check
Wants you to send 1st - check
No pics of goods on offer - check
Goods offered at amazing price - check

1 of 4 scenarios apply -

1) Either he doesnt have the coin full stop and its a scam.
2) He has one but has no intention of sending it so a scam.
3) He has a piss poor fake/copy hoping to pass it off as the real thing.
4) Trolls couldn't stop me from selling my coin for 4BTC

http://img4.wikia.nocookie.net/__cb20120101114931/nonsensopedia/images/3/31/So-much-win.png

[markj113]

Stopping scammers is not being a troll 

[elianite]

Just post the messages here if you want but he was deleting most posts in that thread. The guy who he sold to is very likely an alt but the bars and coins could very well be fake. You can buy the fake gold bars on ebay easily enough.

I assure you I am not an alt.
Check out my eBook that I have in my signature about Casascius coins. Im well known on the trade forums.

This is honestly getting ridiculous. Is it so difficult to believe that I can make a judgement call on a matter like this and take a risk that I see as worth taking?

The viciousness of this forum...

[hilariousandco]

You can take the risk and make the judgement however you want but we can also make a judgement on that. There's nothing ridiculous here apart from you dealing with him without escrow especially when he has all the hallmarks of a scammer. It's a silly call to send money to a complete newb like this and I cannot fathom why you would take that risk.

[Blazed]

It is always guilty until proven innocent here unfortunately. I do see one flaw in the system though, and that is for a new user to trust someone they do not know for escrow. That said I wouldn't have personally sent that guy 4BTC upfront for an amazing deal on gold though...same with these Amazon guys with amazing rates.

[BitcoinDistributor]

Oh lord, someone actually sent 4 BTC to this guy without escrow...wow.

God I don't believe it.

[the joint]

It is always guilty until proven innocent here unfortunately. I do see one flaw in the system though, and that is for a new user to trust someone they do not know for escrow. That said I wouldn't have personally sent that guy 4BTC upfront for an amazing deal deal on gold though...same with these Amazon guys with amazing rates.

As a seller, that is my problem with escrow:  It adds an unnecessary layer of trust for me.  Granted, my reputation is nowhere near as strong as some others on this forum, but at a certain point, the need for escrow becomes blurred.  As a buyer, do you wish to trust one person with a positive reputation, or do you wish to trust two?

Also, ironically, the buyer who agreed to send 4 BTC because he is "convinced" the seller is legitimate has come under my microscope.  I wouldn't rule out the possibility of a trusted member going to great lengths to create a seemingly-credible alt account in order to use it to scam others.  For example:  Step 1) Establish, build, and maintain credibility of primary account, Step 2) create alt-account at a future date, Step 3) act suspicious toward alt account and stage a transaction in order to establish credibility of the alt account, Step 4) use alt account to scam in future without raising suspicion against the primary account, Step 5) Profit. 

I wouldn't normally assume this as a possibility, but when the first transaction is for 1 oz. gold, I have to raise an eyebrow.  The general outcome of a successful first transaction of this nature is that many people will likely assume that the chances of being scammed by the same account for any amount less than 1 oz. gold is low.  This gives the account free reign to scam up to the value of ~1 oz. gold at which the precedent was set.

[elianite]

As a seller, that is my problem with escrow:  It adds an unnecessary layer of trust for me.  Granted, my reputation is nowhere near as strong as some others on this forum, but at a certain point, the need for escrow becomes blurred.  As a buyer, do you wish to trust one person with a positive reputation, or do you wish to trust two?

Also, ironically, the buyer who agreed to send 4 BTC because he is "convinced" the seller is legitimate has come under my microscope.  I wouldn't rule out the possibility of a trusted member going to great lengths to create a seemingly-credible alt account in order to use it to scam others.  For example:  Step 1) Establish, build, and maintain credibility of primary account, Step 2) create alt-account at a future date, Step 3) act suspicious toward alt account and stage a transaction in order to establish credibility of the alt account, Step 4) use alt account to scam in future without raising suspicion against the primary account, Step 5) Profit. 

I wouldn't normally assume this as a possibility, but when the first transaction is for 1 oz. gold, I have to raise an eyebrow.  The general outcome of a successful first transaction of this nature is that many people will likely assume that the chances of being scammed by the same account for any amount less than 1 oz. gold is low.  This gives the account free reign to scam up to the value of ~1 oz. gold at which the precedent was set.

I really can't blame you.

If it ever does come down to it, I would be willing to share my correspondence with GoldBits, minus my address with some trusted member. (which I suppose I could have faked with great effort..)
I almost backed out of the deal, but since GB was willing to pre-purchase the Canada Post mailing slip which provided me the tracking info, I am confident that he can be tracked down by it should a fraud investigation be launched. I know he used a credit card to pay also, for example (all traceable). The post office where he dropped it off would also have cameras, aiding in identifying the fraudster. Had the seller been located outside Canada, I would not have done the deal.

I never suspected that I myself would go under the microscope for doing the transaction; frankly if I knew there would be this much chatter, I wouldn't have gotten involved beyond the initial advice I gave.

[Quickseller]

As a seller, that is my problem with escrow:  It adds an unnecessary layer of trust for me.  Granted, my reputation is nowhere near as strong as some others on this forum, but at a certain point, the need for escrow becomes blurred.  As a buyer, do you wish to trust one person with a positive reputation, or do you wish to trust two?

Also, ironically, the buyer who agreed to send 4 BTC because he is "convinced" the seller is legitimate has come under my microscope.  I wouldn't rule out the possibility of a trusted member going to great lengths to create a seemingly-credible alt account in order to use it to scam others.  For example:  Step 1) Establish, build, and maintain credibility of primary account, Step 2) create alt-account at a future date, Step 3) act suspicious toward alt account and stage a transaction in order to establish credibility of the alt account, Step 4) use alt account to scam in future without raising suspicion against the primary account, Step 5) Profit. 

I wouldn't normally assume this as a possibility, but when the first transaction is for 1 oz. gold, I have to raise an eyebrow.  The general outcome of a successful first transaction of this nature is that many people will likely assume that the chances of being scammed by the same account for any amount less than 1 oz. gold is low.  This gives the account free reign to scam up to the value of ~1 oz. gold at which the precedent was set.

I really can't blame you.

If it ever does come down to it, I would be willing to share my correspondence with GoldBits, minus my address with some trusted member. (which I suppose I could have faked with great effort..)
I almost backed out of the deal, but since GB was willing to pre-purchase the Canada Post mailing slip which provided me the tracking info, I am confident that he can be tracked down by it should a fraud investigation be launched. I know he used a credit card to pay also, for example (all traceable). The post office where he dropped it off would also have cameras, aiding in identifying the fraudster. Had the seller been located outside Canada, I would not have done the deal.

I never suspected that I myself would go under the microscope for doing the transaction; frankly if I knew there would be this much chatter, I wouldn't have gotten involved beyond the initial advice I gave.

is it not possible to use a VCC that was purchased on the forum to buy postage? The same question with a stolen credit card?

[elianite]

is it not possible to use a VCC that was purchased on the forum to buy postage? The same question with a stolen credit card?

of course. Its possible ill post here tomorrow that OP is indeed a scammer, and that im a dum-dum. I truly hope that wont be the case.
my 'verification' wasn't airtight; I took a risk with a solid payoff if my intuition proves correct.

The package is now showing in the tracking system.

I wont keep feeding this fire until I receive the package tomorrow. Ill update you all asap when I do.

[Quickseller]

is it not possible to use a VCC that was purchased on the forum to buy postage? The same question with a stolen credit card?

of course. Its possible ill post here tomorrow that OP is indeed a scammer, and that im a dum-dum. I truly hope that wont be the case.
my 'verification' wasn't airtight; I took a risk with a solid payoff if my intuition proves correct.

The package is now showing in the tracking system.

I wont keep feeding this fire until I receive the package tomorrow. Ill update you all asap when I do.

well I asked for a tracking number on his sales thread but to no surprise it was delated.

So I will ask here: do you have the tracking number (in other words what is the tracking number)

[elianite]

well I asked for a tracking number on his sales thread but to no surprise it was delated.

So I will ask here: do you have the tracking number (in other words what is the tracking number)

GB requested I not share the trackinbg number "because that could be used to identify me through social engineering". Take that as you will.
I took a screenshot of the tracking info, showing times, etc (with tracking number scribbled out):

https://i.imgur.com/sj6KIBU.png

[markj113]

well I asked for a tracking number on his sales thread but to no surprise it was delated.

So I will ask here: do you have the tracking number (in other words what is the tracking number)

GB requested I not share the trackinbg number "because that could be used to identify me through social engineering". Take that as you will.
I took a screenshot of the tracking info, showing times, etc (with tracking number scribbled out):

https://i.imgur.com/sj6KIBU.png

fingers crossed for you

Are you planning on having an xrf test done etc?

[AJRGale]

Usual scammer profile applies -

Newbie member - check
No trade history - check
Refusing Escrow - check
Wants you to send 1st - check
No pics of goods on offer - check
Goods offered at amazing price - check

1 of 4 scenarios apply -

1) Either he doesnt have the coin full stop and its a scam.
2) He has one but has no intention of sending it so a scam.
3) He has a piss poor fake/copy hoping to pass it off as the real thing.
4) Trolls couldn't stop me from selling my coin for 4BTC

http://img4.wikia.nocookie.net/__cb20120101114931/nonsensopedia/images/3/31/So-much-win.png

oh the dank of scammer is strong on this one..

seriously though, if i was in his shoes, i would have thrown up info on where it was bought, i'd even show x-rays of the damn coin

[elianite]

fingers crossed for you

Are you planning on having an xrf test done etc?

Thanks.

In all likelihood I will sell it straight to a coin dealer for cash, or however it works. Theres a big one in my city that buys these things. then Ill just buy BTC again with the money. Decent profit to be had.

[AJRGale]

fingers crossed for you

Are you planning on having an xrf test done etc?

Thanks.

In all likelihood I will sell it straight to a coin dealer for cash, or however it works. Theres a big one in my city that buys these things. then Ill just buy BTC again with the money. Decent profit to be had.

just as long as it wasn't this:
http://ansencrafts.en.alibaba.com/product/1926709572-213158681/Hot_sales_custom_2015_American_BUFFALO_Indian_Head_Copy_gold_Coin.html
or the dealer will make a laughing stock out of you

[the joint]

As a seller, that is my problem with escrow:  It adds an unnecessary layer of trust for me.  Granted, my reputation is nowhere near as strong as some others on this forum, but at a certain point, the need for escrow becomes blurred.  As a buyer, do you wish to trust one person with a positive reputation, or do you wish to trust two?

Also, ironically, the buyer who agreed to send 4 BTC because he is "convinced" the seller is legitimate has come under my microscope.  I wouldn't rule out the possibility of a trusted member going to great lengths to create a seemingly-credible alt account in order to use it to scam others.  For example:  Step 1) Establish, build, and maintain credibility of primary account, Step 2) create alt-account at a future date, Step 3) act suspicious toward alt account and stage a transaction in order to establish credibility of the alt account, Step 4) use alt account to scam in future without raising suspicion against the primary account, Step 5) Profit.  

I wouldn't normally assume this as a possibility, but when the first transaction is for 1 oz. gold, I have to raise an eyebrow.  The general outcome of a successful first transaction of this nature is that many people will likely assume that the chances of being scammed by the same account for any amount less than 1 oz. gold is low.  This gives the account free reign to scam up to the value of ~1 oz. gold at which the precedent was set.

I really can't blame you.

If it ever does come down to it, I would be willing to share my correspondence with GoldBits, minus my address with some trusted member. (which I suppose I could have faked with great effort..)
I almost backed out of the deal, but since GB was willing to pre-purchase the Canada Post mailing slip which provided me the tracking info, I am confident that he can be tracked down by it should a fraud investigation be launched. I know he used a credit card to pay also, for example (all traceable). The post office where he dropped it off would also have cameras, aiding in identifying the fraudster. Had the seller been located outside Canada, I would not have done the deal.

I never suspected that I myself would go under the microscope for doing the transaction; frankly if I knew there would be this much chatter, I wouldn't have gotten involved beyond the initial advice I gave.

Please don't take it personally.  As we all know, none of us really have the luxury of giving anyone here the benefit of the doubt.  I expect others regard me similarly.  It speaks volumes about the conduct here that I'm even entertaining what is admittedly a tin-foil hat consideration in almost any other setting.  I'm actually glad you read my post and responded to it in the way that you did.  I was certainly wondering what you might think of it.

[BitcoinDistributor]

I mean the whole way the guy acted screamed scammer. This is gonna be funny but sad.

[AJRGale]

I mean the whole way the guy acted screamed scammer. This is gonna be funny but sad.

all i required was better communication from him, instead of deleting questions and showing regards to accusations, even if he didn't want to escrow, explain why, instead of calling people who are asking about it trolls.

and calling themselfs "I'm an honest & reputable seller" with nothing to back it up really dug deeper into that hole..

showing legitimacy of the coin, would of helped, without being there with my own xray

[wayneyoyo]

I mean the whole way the guy acted screamed scammer. This is gonna be funny but sad.

There are a lot of red flags for scams. The risk of getting scammer is just too large with this guy for it to make sense to do business with him.

Any trader with any level of experience should know not to send money to this person after only a tracking number was purchased by the seller. Even if the seller actually delivers this time does not mean it makes any sense to buy from him without escrow. I would say there is a good chance Elainite is somehow associated with the seller.

[elianite]

the coin is now in my city. I should have it in a few hours.

I see many people speculating that I am / am associated with GB. Due to this, I will not be making an 'endorsement' of the seller even if the coin comes out as legit. Everyone should do their own due diligence; I can admit that mine was not very extensive. I of course hope that whatever GB continues to sell (if he does) is fully legit, as to avoid accusations against myself.

[elianite]

About to open box now..

[markj113]

drum roll 

[wayneyoyo]

About to open box now..

Care to post any pictures of an empty box?

[elianite]

[markj113]

Any coin dimensions.

[elianite]

Any coin dimensions or better close up pics of the coin

Just updated post

[elianite]

Any coin dimensions or better close up pics of the coin

as far as i can tell, 33mm by 3mm

[markj113]

the coin looks right, showing slightly under weight as it should be 31.1g but could be scales accuracy but tungsten core coins are very close in dimensions & weight.

Changing my feedback to neutral, OP has delivered the coin as promised, authenticity still to be proven.

Not giving positive or completely removing feedback as lack of Escrow is a worry and could be a long con.

Will be interesting what price the maple grams sell at as Goldbits stated he did not have them in hand so selling at below retail price would be a concern.

Any chance of some clear face on pics of the coin and not angled shots.

[elianite]

the coin looks right, showing slightly under weight as it should be 31.1g but could be scales accuracy.

Changing my feedback to neutral, OP has delivered the coin as promised, authenticity still to be proven.

Not giving positive or completely removing feedback as lack of Escrow is a worry and could be a long con.

Will be interesting what price the maple grams sell at as Goldbits stated he did not have them in hand so selling at below retail price would be a concern.

Any chance of some clear face on pics of the coin and not angled shots.

Scale is showing 31.0, 31.1, and 31.2 seemingly indiscriminately. When set to OZT, it shows 1.00 or 1.01
as far as I can tell, its legit. It looks like I wont have time to have this tested today, but certainly tomorrow.

[elianite]

[markj113]

the relief, detail and colour look correct too me.

If you do sell it be interesting if the xrf test comes back good.

So either a genuine seller that lost the plot on pricing or part of a drawn out long con after some initial trust is built.

Time will tell

p.s. get that coin back in the capsule asap, .9999 gold is soft and scratches and dings easily.

[elianite]

If you do sell it be interesting if the xrf test comes back good.

Do you know what kinds of places do XRF tests? how exactly does it work; would it usually cost me to go get it xrf'ed?

I was thinking id just bring it to a local coin shop and see if they'll confirm it as real & buy it.

and yes, its back in the capsule.

[markj113]

Any bullion dealer or slightly larger pawn shop should be able to xrf/ultrasonic test it, usually for free too if you tell them you are thinking of selling it

XRF/ultrasonic is a non destructive test, plenty of vids online.

With tungsten coins the usual scratch and acid test wont really work as they are heavy gold plated (+ the scratch and acid will spoil the coin)

Couple of tests you can do at home -

Check dimensions with digital calipers if available
Accurate weight check
Specific gravity test
Magnetic test
Detail check of coins fonts sizing and spacing, fine coin details against high res online picture.

A good tungsten copy would pass all the above tests though.  

[the joint]

the coin looks right, showing slightly under weight as it should be 31.1g but could be scales accuracy but tungsten core coins are very close in dimensions & weight.

Changing my feedback to neutral, OP has delivered the coin as promised, authenticity still to be proven.

Not giving positive or completely removing feedback as lack of Escrow is a worry and could be a long con.

Will be interesting what price the maple grams sell at as Goldbits stated he did not have them in hand so selling at below retail price would be a concern.

Any chance of some clear face on pics of the coin and not angled shots.

Interesting.  I, too, will alter my feedback if this pans out well.

[the joint]

An odd post that was just deleted from his thread.  Sketchy behavior even if the transaction is successful. Noted.

[hedgy73]

Well the coin certainly looks the part.

I really don't know why GoldBits started a self moderated thread with a new account and deleted so many posts mostly of which I could see no harm in to sell a coin well under market value.

This all seems very strange to me .

[gentlemand]

Well the coin certainly looks the part.

I really don't know why GoldBits started a self moderated thread with a new account and deleted so many posts mostly of which I could see no harm in to sell a coin well under market value.

This all seems very strange to me .

It adds up to nothing but future sketchiness to me, but maybe the seller had a stroke and was a horrible person before and now wants to make amends by selling under market by self moderating and refusing to escrow.

[bithalo]

Elianite has been on the Goods sub-forum for a while now, and I have PM'd with him several times before.  I don't think he is affiliated with GoldBits.  

Personally I would not risk buying the coin, as there are too many red flags.  But perhaps he felt the risk was worth it to him.

Lets give this a chance, and see how it pans out.  I hope it works out for elianite.  But even if it does, I still wouldn't buy from GoldBits.

On Youtube, I've also seen tests besides drilling, including ultrasound, and simply letting the coin fall and listening for its metallic sound.

[TookDk]

Congrats on that beautiful coin elianite
I have my self been looking to pick up a buffalo, but got panda's instead.

With the price you paid, you should have margin to carry out some of the testing that Mark suggested.
A experience bullion dealer could properly by experience determine the authenticity with a magnifier.
My suggestion is not to confirm if the seller is legit or not, but simple so you will sleep better at night

Cheers

Edit: You got balls

[hedgy73]

Well the coin certainly looks the part.

I really don't know why GoldBits started a self moderated thread with a new account and deleted so many posts mostly of which I could see no harm in to sell a coin well under market value.

This all seems very strange to me .

It adds up to nothing but future sketchiness to me, but maybe the seller had a stroke and was a horrible person before and now wants to make amends by selling under market by self moderating and refusing to escrow.

. Looking at the pictures in his selling thread it looks like he's got some gold bars too which if he was looking to sell in the future would have been much easier if he'd gone about this the right way. I hate self moderated threads especially from newbies it gives me the impression they are nothing but scammers deleting anything that may disrupt their scam.

[TookDk]

--snip
Elianite has been on the Goods sub-forum for a while now, and I have PM'd with him several times before.  I don't think he is affiliated with GoldBits.  
--snip

I agree to this.

I would have no 2nd thoughts about adding Elianite to my trust network.

[hedgy73]

--snip
Elianite has been on the Goods sub-forum for a while now, and I have PM'd with him several times before.  I don't think he is affiliated with GoldBits.  
--snip

I agree to this.

I would have no 2nd thoughts about adding Elianite to my trust network.  

Couldn't agree more with both of you he seems a good guy.

[hedgy73]

Buyer received his authentic coin today. I'd say that turned out good!

GoldBits has deleted 3 of my recent posts on his thread.

[markj113]

deleted my post too linking here for the coin pics.

Very strange guy

[tins]

An odd post that was just deleted from his thread.  Sketchy behavior even if the transaction is successful. Noted.

A reply of yours, quoted below, was deleted by the starter of a self-moderated topic. There are no rules of self-moderation, so this deletion cannot be appealed. Do not continue posting in this topic if the topic-starter has requested that you leave.

You can create a new topic if you are unsatisfied with this one. If the topic-starter is scamming, post about it in Scam Accusations.

So far I count 15 negative feedbacks left for this guy. What happens if the gold coin turns out to be real? Will he still be branded a scammer?

Wise man say, troll with egg on face won't remove red trust.  

Sad thing is, aside from refusing anonymous escrow (which is a forum guideline & NOT a rule) this has been such an easy & clean transaction.  Great communication from both sides (with expectations clearly set out), payment sent promptly, item shipped promptly. His BTC remaining unspent as promised...

Now we just wait for delivery & confirmation today (within 24 hours of the sale)!  Honestly, it's been like clockwork!

That's why the trolls are resorting to elaborate conspiracy theories.  What else can you do when a transaction goes this smoothly??  

You seem coherent and composed, so you should be able to at least understand why so many of us would assume this is a scam, in process. (It may very well not be, but you have to admit it is understandable by selling at a couple hundred dollars under dealer cost, with a new account and no escrow).
If it turns out that you are legit and go on to have a few successful transactions with coins and bullion coming back as authentic, I will humbly quote my post (#39) and publicly apologize.
Until then, it seems too far out there selling below pawn shop prices.

Very odd, very sketchy.

[hedgy73]

Looks like he has some gold bars as well from the picture on the other thread.

If he was thinking about selling them in the future it would have been much easier had he gone about this in the proper way.

Deleting posts on his thread just makes people suspicious.

Bet he's gutted he cant delete these comments .

[tins]

Well the coin certainly looks the part.

I really don't know why GoldBits started a self moderated thread with a new account and deleted so many posts mostly of which I could see no harm in to sell a coin well under market value.

This all seems very strange to me .

It adds up to nothing but future sketchiness to me, but maybe the seller had a stroke and was a horrible person before and now wants to make amends by selling under market by self moderating and refusing to escrow.

. Looking at the pictures in his selling thread it looks like he's got some gold bars too which if he was looking to sell in the future would have been much easier if he'd gone about this the right way. I hate self moderated threads especially from newbies it gives me the impression they are nothing but scammers deleting anything that may disrupt their scam.

Also likely to be a long term scam. Act sketchy now, but everything turns out authentic. Then, when he's acting sketchy later, unloading the fake stuff in those pictures (http://www.alibaba.com/product-detail/-NO-COPY-1-oz-Gold_60169167290.html), people will say "that's just the way he acts, it's sure to be legit".
Either way, the whole thing is off.

[hedgy73]

He's taking the piss now. Just deleted another of my posts in reference to this:

Hasn't been removed. Exactly as I predicted. What are the odds?    No, the self-moderation is because I ran out of troll spray. Works just as good though!

1oz gold bars coming up for sale soon, now that I'm proven a legitimate gold seller here.

'You're not proved anything until the coin you sent is tested and even then it could be a scam to sell fake stuff in the future. Deleting posts is a sure fire way to show you're hiding something and probably a scammer.'

[PenguinFire]

He's lightening fast on the delete button Like a cowboy.

Hehe.  Scammers are very watchful because they know how active this community is.

[EcuaMobi]

Just a warning:

http://www.alibaba.com/product-detail/B88-1-oz-100-Mils-Gold_60077398459.html

I posted it on his thread but of course it was deleted in a few seconds.

So far I count 15 negative feedbacks left for this guy. What happens if the gold coin turns out to be real? Will he still be branded a scammer?

It's due to be removed. I don't get why anyone would sell this way but perhaps it turns him on.

Hasn't been removed. Exactly as I predicted. What are the odds?    No, the self-moderation is because I ran out of troll spray. Works just as good though!

1oz gold bars coming up for sale soon, now that I'm proven a legitimate gold seller here.

I might be interested in a gold bar. Let's see how this deals ends up first though.

Yes lets see, very doubtful about seller no doubt this will be deleted too.

Also, even if the first coin was legit, there's no guarantee the following (after he's "proven a legitimate gold seller here") are this:
http://www.alibaba.com/product-detail/B88-1-oz-100-Mils-Gold_60077398459.html

So buying without escrow from him will always be an unacceptable risk.

Clearly his intention is to make people trust him and make them send first without escrow.

Most probably he will either run with the money or send back fake coins.

[AJRGale]

im just sitting here waiting for the "..and the coin is fake" post

but only if elianite didn't feel embarrassed by it..

i wish i was in elianite shoes too, willing to throw a few btc at someone looking so fishy like that.

[AJRGale]

Just a warning:

http://www.alibaba.com/product-detail/B88-1-oz-100-Mils-Gold_60077398459.html

I posted it on his thread but of course it was deleted in a few seconds.

So far I count 15 negative feedbacks left for this guy. What happens if the gold coin turns out to be real? Will he still be branded a scammer?

It's due to be removed. I don't get why anyone would sell this way but perhaps it turns him on.

Hasn't been removed. Exactly as I predicted. What are the odds?    No, the self-moderation is because I ran out of troll spray. Works just as good though!

1oz gold bars coming up for sale soon, now that I'm proven a legitimate gold seller here.

I might be interested in a gold bar. Let's see how this deals ends up first though.

Yes lets see, very doubtful about seller no doubt this will be deleted too.

Also, even if the first coin was legit, there's no guarantee the following (after he's "proven a legitimate gold seller here") are this:
http://www.alibaba.com/product-detail/B88-1-oz-100-Mils-Gold_60077398459.html

So buying without escrow from him will always be an unacceptable risk.

Clearly his intention is to make people trust him and make them send first without escrow.

Most probably he will either run with the money or send back fake coins.

i would buy a gold bar off him, if he can prove its not a fake. but noting stops him from sending a fake too.

[hedgy73]

Yeah the big question is whether the coin is fake, I hope for eliainite's sake its real.

Think the big problem will be whether the next sale will be real or fake, with so much negative feedback it will be hard for him to sell anything anyway.

[AJRGale]

Yeah the big question is whether the coin is fake, I hope for eliainite's sake its real.

Think the big problem will be whether the next sale will be real or fake, with so much negative feedback it will be hard for him to sell anything anyway.

all it would take is another "lets just trust this guy" elianite.

[AJRGale]

they see me trolln' and hatin'

I'm happy to see you are a reputatable seller.  I fully endorse your gold sales!

Thanks very much

[wayneyoyo]

Yeah the big question is whether the coin is fake, I hope for eliainite's sake its real.

Think the big problem will be whether the next sale will be real or fake, with so much negative feedback it will be hard for him to sell anything anyway.

no the real question is if the sale was real or not. If the sale was faked then it would only be installing confidence into potential buyers. There is no rational person that would actually sell gold coins at below spot price.

If the sale was real then the seller is simply taking a loss to build up confidence to be able to scam others.

[elianite]

You got balls

Looks like they paid off

Just a warning:
http://www.alibaba.com/product-detail/B88-1-oz-100-Mils-Gold_60077398459.html

A good warning for everyone. Its worth noting that the quality of the pictured coin is completely different then the real thing.

im just sitting here waiting for the "..and the coin is fake" post

you'll know the final word within 24 hours.

[hardhouseinc]

WTF???
I deal in alot of gold coins each year, buying and selling, and
those Alibaba clones look like a vending machine plastic coin.
They aren't even close.
Any collector with 6 months experience could spot that crap.
What a scam joke.

[elianite]

WTF???
I deal in alot of gold coins each year, buying and selling, and
those Alibaba clones look like a vending machine plastic coin.
They aren't even close.
Any collector with 6 months experience could spot that crap.
What a scam joke.

They actually even say 'COPY' on the reverse. not a scam at all.

[hardhouseinc]

Hmmmm.  Well just the front quality looks like they
were stamped from cheap aluminum in China and
painted with a 3rd grade paint set.

[AJRGale]

Hmmmm.  Well just the front quality looks like they
were stamped from cheap aluminum in China and
painted with a 3rd grade paint set.

there are others that do copies, proper gold plating over a copper core

[AJRGale]

You got balls

Looks like they paid off

Just a warning:
http://www.alibaba.com/product-detail/B88-1-oz-100-Mils-Gold_60077398459.html

A good warning for everyone. Its worth noting that the quality of the pictured coin is completely different then the real thing.

im just sitting here waiting for the "..and the coin is fake" post

you'll know the final word within 24 hours.

what really made you just jump in all the commotion over GoldBits and us and just say "Screw you guys, ima buying"? did greed/"gold Bug" kick in?

[wayneyoyo]

You got balls

Looks like they paid off

At best you are making it easier for GB to scam in the future by telling people about your successful trade, and at worse (and IMO more likely) you are either an alt of him or associated with him, also with the goal of scamming people via the GB account

[AJRGale]

You got balls

Looks like they paid off

At best you are making it easier for GB to scam in the future by telling people about your successful trade, and at worse (and IMO more likely) you are either an alt of him or associated with him, also with the goal of scamming people via the GB account

Joys of long cons, gotta lose a little to game for more

"Hi, i can guarantee you 500% return on shares, just gimmie $10k you'll get $5M back tomorrow" -> next day, briefcase full of money, person goes again for $50M, con artist runs away with the $50M.. same can apply here, 1Oz coin sold, starts selling 5Oz bars, runs with the 25btc.

shit can get more elaborate the more people involved, EG: Hi, i can guarantee you 500% return on shares, just gimmie $10k you'll get $5M back tomorrow" person being con'ed has doubts, another con artist thats been working with the con for some time jumps in and throws his money in, same thing happens the next day, briefcase full of money, 2nd artist wants to throw more money in being so happy about the winnings, the con target this time wants in, throws in $50M, atists run with the cash.

same can apply here, elianite could be the 2nd atist (hell, could be the only one, and using GoldBits as a puppet) buys in to kill scepticism, people go "oh, it looks fine then" and buys a bar or 5 for 100btc, after payment, GoldBits is never to be seen again.

[wayneyoyo]

You got balls

Looks like they paid off

At best you are making it easier for GB to scam in the future by telling people about your successful trade, and at worse (and IMO more likely) you are either an alt of him or associated with him, also with the goal of scamming people via the GB account

Joys of long cons, gotta lose a little to game for more

(hi, i can guarantee you 500% return on shares, just gimmie $10k you'll get $5M back tomorrow -> next day, briefcase full of money, person goes again for $50M, con artist runs away with the $50M.. same can apply here, 1Oz coin sold, starts selling 5Oz bars, runs with the 25btc)

He doesn't even need to start selling larger bars, all he needs to do is to sell to multiple people at once. In this case the "buyer" happened to be near the "seller" however for future transactions, it is likely that he will both delay sending the coins/bars more and the overall shipping time will be slower, giving him more time to scam more people

[AJRGale]

snip

He doesn't even need to start selling larger bars, all he needs to do is to sell to multiple people at once. In this case the "buyer" happened to be near the "seller" however for future transactions, it is likely that he will both delay sending the coins/bars more and the overall shipping time will be slower, giving him more time to scam more people

That is true, but it has more risk that way, they must be all at the same time to get anything worth it.
makes it worse when its "pay me 1st, you can trust me!"

also edited the last post, little more clarification

[tins]

Hmmmm.  Well just the front quality looks like they
were stamped from cheap aluminum in China and
painted with a 3rd grade paint set.

there are others that do copies, proper gold plating over a copper core

They will custom make using any metal (even actual .9999 gold for a little over spot price) or any plating/composition option. They offer the option to make coins or bars WITHOUT the word 'copy' or 'replica' or 'fake'.

[wayneyoyo]

snip

He doesn't even need to start selling larger bars, all he needs to do is to sell to multiple people at once. In this case the "buyer" happened to be near the "seller" however for future transactions, it is likely that he will both delay sending the coins/bars more and the overall shipping time will be slower, giving him more time to scam more people

That is true, but it has more risk that way, they must be all at the same time to get anything worth it.
makes it worse when its "pay me 1st, you can trust me!"

also edited the last post, little more clarification

He would still only need to sell one in order to recoup his losses, assuming that elianite is not in on the scam (I am pretty sure he is). If he sells one but delivers nothing then he makes 4 BTC minus his loss on the 1st sale. However he would still have a good week or so from the first sale that he plans on scamming to get as many sales in as possible

[elianite]

I realize some of the more watchful members may think it odd that i keep responding / explaining myself, but w/e. This in an entertaining thread and im having a blast

what really made you just jump in all the commotion over GoldBits and us and just say "Screw you guys, ima buying"? did greed/"gold Bug" kick in?

Greed. I PM'ed him and for some reason I felt I could trust him. I originally asked him to provide ID, phone verify, and get me info about the restaurant he mentioned he had. He declined all this (due to security of keeping gold at home), and suggested he will just wait till he gets the 'maplegrams' and have an easier time selling them at a discount to get rep. This is where greed kicked in (I wanted to take advantage of this bargain), and I said to hold on and that for the good price I can be flexible. I ended up trusting him.

At best you are making it easier for GB to scam in the future by telling people about your successful trade, and at worse (and IMO more likely) you are either an alt of him or associated with him, also with the goal of scamming people via the GB account

What can I say; I made a gamble, and it (seemingly) turned out legit. I can vouch for the quality of the transaction, but not for the gold bars or future sales. I truly hope nobody gets scammed; everyone should make their own judgements.
I cant prove I'm not GB or associated with GB. It is true this could be an elaborate scam. I can only wish I had the ability to plan that well. but I can say that is not the case.

In this case the "buyer" happened to be near the "seller"

Actually, we were over 2000 miles apart. GB even paid out-of-pocket for express mail (~$50usd). Dont ask me why; I dont know.

[AJRGale]

I realize some of the more watchful members may think it odd that i keep responding / explaining myself, but w/e. This in an entertaining thread and im having a blast

what really made you just jump in all the commotion over GoldBits and us and just say "Screw you guys, ima buying"? did greed/"gold Bug" kick in?

Greed. I PM'ed him and for some reason I felt I could trust him. I originally asked him to provide ID, phone verify, and get me info about the restaurant he mentioned he had. He declined all this (due to security of keeping gold at home), and suggested he will just wait till he gets the 'maplegrams' and have an easier time selling them at a discount to get rep. This is where greed kicked in (I wanted to take advantage of this bargain), and I said to hold on and that for the good price I can be flexible. I ended up trusting him.

At best you are making it easier for GB to scam in the future by telling people about your successful trade, and at worse (and IMO more likely) you are either an alt of him or associated with him, also with the goal of scamming people via the GB account

What can I say; I made a gamble, and it (seemingly) turned out legit. I can vouch for the quality of the transaction, but not for the gold bars or future sales. I truly hope nobody gets scammed; everyone should make their own judgements.
I cant prove I'm not GB or associated with GB. It is true this could be an elaborate scam. I can only wish I had the ability to plan that well. but I can say that is not the case.

In this case the "buyer" happened to be near the "seller"

Actually, we were over 2000 miles apart. GB even paid out-of-pocket for express mail (~$50usd). Dont ask me why; I dont know.

all i can say is you and goldbits are both insane!

i could never trust someone who is trying to take full control of the sale, since i have lost 6btc to a scam myself (escrow and scammer in the same team), i trust no one now. if i was going to buy the coin, id want him to go with my ideals, right to the point that he have to ware a banana as a hat till i get the coin in my hand..

bad enough goldbit likes to rub my paranoia the wrong way..
worst case is, you are part of the same team, trying to con as much btc and split it.

[hedgy73]

AJRGale I think he's manipulated the last post:

I'm happy to see you are a reputatable seller.  I fully endorse your gold sales!

Thanks very much

[hilariousandco]

what really made you just jump in all the commotion over GoldBits and us and just say "Screw you guys, ima buying"? did greed/"gold Bug" kick in?

Greed. I PM'ed him and for some reason I felt I could trust him. I originally asked him to provide ID, phone verify, and get me info about the restaurant he mentioned he had. He declined all this (due to security of keeping gold at home), and suggested he will just wait till he gets the 'maplegrams' and have an easier time selling them at a discount to get rep. This is where greed kicked in (I wanted to take advantage of this bargain), and I said to hold on and that for the good price I can be flexible. I ended up trusting him.

Then you're primed for getting ripped off and I'm surprised you haven't been already. Have you checked out the ponzi section here? You can double your money easily there from lots of trustworthy newbs with no escrow. Have you bought anything else from the marketplace from newbs who have too good to be true offers and refuse to use escrow or is this the first? What did GoldBits actually say to make you think you could trust him? I cannot think of anything that would suffice to the majority of people here other than "Yes, I'll accept escrow". Mentioning stuff like he owns a restaurant should have made you even more sceptical as it's the hallmark of a scammer to try seem legit and trustworthy by inferring he doesn't need the money since he owns/runs a respectable business or whatever. This seller actually reminds me of WoodCollector. Very similar attitude. I still find it hard to believe an active Senior Member would send coins to a newb smeared red with negative trust and vehemently resisting escrow and behaving in every single way like a scammer. It doesn't add up because people who have been here a while know exactly what goes on when you don't use escrow with newbs and that's why everyone is now quite rightfully sceptical of you.

[AJRGale]

AJRGale I think he's manipulated the last post:

I'm happy to see you are a reputatable seller.  I fully endorse your gold sales!

Thanks very much

yeah, he did, i think i got on his nerve

[elianite]

I sold the coin at a local gold buyer today. No XRF test, but all the other standard stuff.

I thank GB for a successful transaction. I can now vouch for the coins legitimacy, and I would personally do business with GB again without worry.
GB did not scam me; I of course cannot directly vouch for his future offerings.

I would ask anyone to remove negative feedback left for GB; its not fair for him.

Thankyou GB

[Quickseller]

I sold the coin at a local gold buyer today. No XRF test, but all the other standard stuff.

I thank GB for a successful transaction. I can now vouch for the coins legitimacy, and I would personally do business with GB again without worry.
I of course cannot directly vouch for his future offerings.

I would ask anyone to remove negative feedback left for GB; its not fair for him.

Thankyou GB

He is still a brand-new user with no verifiable trade history (one trade is not considered trade history) of any kind who is refusing to use escrow.

[gentlemand]

The actual transaction aside, the seller's behaviour smelt so scammy it was borderline comical. I'm glad it went well. It doesn't instill any faith in future sales at all.

[Quickseller]

This post is pretty self explanatory

A reply of yours, quoted below, was deleted by the starter of a self-moderated topic. There are no rules of self-moderation, so this deletion cannot be appealed. Do not continue posting in this topic if the topic-starter has requested that you leave.

You can create a new topic if you are unsatisfied with this one. If the topic-starter is scamming, post about it in Scam Accusations.

So far I count 15 negative feedbacks left for this guy. What happens if the gold coin turns out to be real? Will he still be branded a scammer?

It's due to be removed. I don't get why anyone would sell this way but perhaps it turns him on.

Hasn't been removed. Exactly as I predicted. What are the odds?    No, the self-moderation is because I ran out of troll spray. Works just as good though!

1oz gold bars coming up for sale soon, now that I'm proven a legitimate gold seller here.

I might be interested in a gold bar. Let's see how this deal ends up first though.

I would vouch for Blazedout419 as being honest enough so that it would be safe to send him goods first prior to him paying you. He is an honest trader with a spotless trading record.

[AJRGale]

I sold the coin at a local gold buyer today. No XRF test, but all the other standard stuff.

I thank GB for a successful transaction. I can now vouch for the coins legitimacy, and I would personally do business with GB again without worry.
GB did not scam me; I of course cannot directly vouch for his future offerings.

I would ask anyone to remove negative feedback left for GB; its not fair for him.

Thankyou GB

proof of sale? who'd you sell it to? and why did they not do any tests? legitimate gold buyers would do tests, especially hole-in-the-wall shops.

you just made my paranoia notch go up by one buddy.

[elianite]

proof of sale? who'd you sell it to? and why did they not do any tests? legitimate gold buyers would do tests, especially hole-in-the-wall shops.

you just made my paranoia notch go up by one buddy.

there was a magnet test, 'klink' test, electric resistance test, and standard inspection. no XRF. The first place I went ultimately turned me down since they felt that a 2015 coin was suspicious when taken into account that I got 'a good deal' for it on the net. Second place happily took it, albeit for 3% under spot.

I dont have proof of the sale, and frankly I dont need to provide any here. Im just saying what went down. Take it as you will, with a grain of salt. I too wish GB used a reputable escrow; dosnt look like hes willing to do so in the future. its not my job to make you trust him.

[AJRGale]

proof of sale? who'd you sell it to? and why did they not do any tests? legitimate gold buyers would do tests, especially hole-in-the-wall shops.

you just made my paranoia notch go up by one buddy.

there was a magnet test, 'klink' test, electric resistance test, and standard inspection. no XRF. The first place I went ultimately turned me down since they felt that a 2015 coin was suspicious when taken into account that I got 'a good deal' for it on the net. Second place happily took it, albeit for 3% under spot.

I dont have proof of the sale, and frankly I dont need to provide any here. Im just saying what went down. Take it as you will, with a grain of salt. I too wish GB used a reputable escrow; dosnt look like hes willing to do so in the future. its not my job to make you trust him.

> "frankly I dont need to provide any here."

yep, and we don't need to mark you as goldbits puppet, giving you the trust rating that he has. Its the unwritten rule here: no proof, no trust.
its simple, we run on the concept that everyone is here to scam until they show legitimacy for it otherwise, the fact that you don't even have a docket to scan and show us, says to us that you and goldbit is basically running a long con. its not hard to prove to us otherwise, the fact that both of you are acting the "No, you cant see it, it mine!" childishly, really doesn't sit well with us.

don't have proof, fine, tell us who sold it, one of us will talk to them. trust us, we, people of Bitcointalk.org go as far as knocking on the persons door to get legitimacy of items and sales. We have done it to "companies" trying to sell us hardware, we have done it to people trying to sell here. if you want to take it that far, its not hard to track people down here.

you have a camera, you went to see these test done, you could of recorded them.

> "Second place happily took it, albeit for 3% under spot. I dont have proof of the sale"

so you gave it back to Goldbit and got your BTC back? ignore the fact that the 4btc has not moved from that wallet..
you have no proof to say otherwise puppet

[elianite]

I wont post the info about a small gold buying shop here publicly, because the owner will prob get a dozen annoying phone calls. If you absolutely insist, im willing to provide that info to one person who I can trust not to spread it. That person can call them and ask if they bought a gold buffalo on Feb 26th.

They didn't give me a receipt. that's sketchy, sure. I forgot to ask for one. Im sorry people.

we, people of Bitcointalk.org go as far as knocking on the persons door to get legitimacy of items and sales. We have done it to "companies" trying to sell us hardware, we have done it to people trying to sell here. if you want to take it that far, its not hard to track people down here.

Sheesh people. This is literally the most scrutinized marketplace ive ever come across. I regret even announcing that I bought the coin. Thought I was doing a good thing while taking a chance, but all the sudden im being suspected of this and that. You could virtually buy warheads on the international market with less scrutiny then on here from a 4btc sale.

As for the wallet, I dont know when GB will move it.

Looks like blazedout is looking to buy... time to get out the popcorn.

[AJRGale]

I wont post the info about a small gold buying shop here publicly, because the owner will prob get a dozen annoying phone calls. If you absolutely insist, im willing to provide that info to one person who I can trust not to spread it. That person can call them and ask if they bought a gold buffalo on Feb 26th.

They didn't give me a receipt. that's sketchy, sure. I forgot to ask for one. Im sorry people.

we, people of Bitcointalk.org go as far as knocking on the persons door to get legitimacy of items and sales. We have done it to "companies" trying to sell us hardware, we have done it to people trying to sell here. if you want to take it that far, its not hard to track people down here.

Sheesh people. This is literally the most scrutinized marketplace ive ever come across. I regret even announcing that I bought the coin. Thought I was doing a good thing while taking a chance, but all the sudden im being suspected of this and that. You could virtually buy warheads on the international market with less scrutiny then on here from a 4btc sale.

As for the wallet, I dont know when GB will move it.

Looks like blazedout is looking to buy... time to get out the popcorn.

Welcome to my paranoia

and yeah, this place is hell for buyers and sellers. if you're not a puppet, or if gb isn't your puppet, you have guts..

alright, i'll back off, i maybe acting a little harsh on you, as you said blazedout is next in line, i'll get the butter, lets see how it plays out..

GB has rubbed all our furs the wrong way, made him a target for all the red flagged lawn-darts: newb + self monitoring thread + pay me 1st + "im reputable" + "don't tell me about middlemen" + "wont listen to you lalalala *delete*".

I was happy to buy off him till them, i would of been happy not using escrow, on my terms, but he wanted none of that. the way i see it here, since no one wants to use paypal, and wants to use btc, a non-reversible currency, without pay on site or pay in hand capabilities, everyone gets scrutinised, and everyone will scrutinise.

[hedgy73]

I think this will be the one and only trade GoldBits does on this forum.

Looking at the latest post on his thread he's still asking for btc to be sent first and assume he's still not willing to use escrow.

GoldBits...Do you have any more of those sexy gold buffalo coins? Lets make a trade  

You send BTC first and I have as many as you want  

[markj113]

His following statement really worries me -

GoldBits...Do you have any more of those sexy gold buffalo coins? Lets make a trade 

You send BTC first and I have as many as you want 

How can seller continue to sell unlimited gold at 20% + under spot.

Bearing in mind these are 2015 coins so not like he bought them years ago at a far cheaper price.

This whole situation stinks of scam and peoples greed is getting the better of them.

[cyclops]

I will not remove my negative feedback, I believe this guy is planning an "elaborated" scam as many of you pointed out. First coin= gold, second maybe... and once a big order comes by... fake.

[smoothie]

I will not remove my negative feedback, I believe this guy is planning an "elaborated" scam as many of you pointed out. First coin= gold, second maybe... and once a big order comes by... fake.

Same thing I was thinking.

Put doubters at bay with a first real gold coin...

at some point I think this will turn out to be a scam. Anyone not willing to use escrow who is a noobie on this forum has bad intentions.

[markj113]

Just had a thought - possible stolen goods?

Seller was very specific he did not want his location revealed possibly as the story would have made the news.

Untraceable bitcoin for payment so willing to take the hit selling below spot.

May be worth elianite having a quick check on google to see if any reported thefts have happened recently in the sellers location.

[Quickseller]

Just had a thought - possible stolen goods?

Seller was very specific he did not want his location revealed possibly as the story would have made the news.

Untraceable bitcoin for payment so willing to take the hit selling below spot.

May be worth elianite having a quick check on google to see if any reported thefts have happened recently in the sellers location.

ehh probably not. He just as easily could travel to a pawn shop to sell the coins. It would also not explain why he is not willing to use escrow.

[markj113]

Notice the dodgy idiot expects others to provide escrow for him -

https://bitcointalk.org/index.php?topic=970025.msg10590130#msg10590130

[AJRGale]

Notice the dodgy idiot expects others to provide escrow for him -

https://bitcointalk.org/index.php?topic=970025.msg10590130#msg10590130

yep

Just had a thought - possible stolen goods?

Seller was very specific he did not want his location revealed possibly as the story would have made the news.

Untraceable bitcoin for payment so willing to take the hit selling below spot.

May be worth elianite having a quick check on google to see if any reported thefts have happened recently in the sellers location.

hindsight now, already sold on.

His following statement really worries me -

GoldBits...Do you have any more of those sexy gold buffalo coins? Lets make a trade 

You send BTC first and I have as many as you want 

How can seller continue to sell unlimited gold at 20% + under spot.

Bearing in mind these are 2015 coins so not like he bought them years ago at a far cheaper price.

This whole situation stinks of scam and peoples greed is getting the better of them.

he'd steal more easy as brah

[Dorrittulx]

Notice the dodgy idiot expects others to provide escrow for him -

https://bitcointalk.org/index.php?topic=970025.msg10590130#msg10590130

yep

Just had a thought - possible stolen goods?

Seller was very specific he did not want his location revealed possibly as the story would have made the news.

Untraceable bitcoin for payment so willing to take the hit selling below spot.

May be worth elianite having a quick check on google to see if any reported thefts have happened recently in the sellers location.

hindsight now, already sold on.

His following statement really worries me -

GoldBits...Do you have any more of those sexy gold buffalo coins? Lets make a trade 

You send BTC first and I have as many as you want 

How can seller continue to sell unlimited gold at 20% + under spot.

Bearing in mind these are 2015 coins so not like he bought them years ago at a far cheaper price.

This whole situation stinks of scam and peoples greed is getting the better of them.

he'd steal more easy as brah

He deleted my reply stating that it is virtually impossible to have an unlimited supply of 20% under spot gold coins.

He'll just keep deleting the post that he doesn't like.

[AJRGale]

snip

He deleted my reply stating that it is virtually impossible to have an unlimited supply of 20% under spot gold coins.

He'll just keep deleting the post that he doesn't like.

all i can say is ignore the post, anyone who asks about the gold, just PM them this thread

[AJRGale]

also as anyone noticed that GoldBits has turned off the trust rating on his little hole in the world?

[elianite]

if I were goldbits i would just send first to blazedout. there's like 0.1% chance of him ripping you off. I assure GB that blazedout is trustworthy.

[shorena]

also as anyone noticed that GoldBits has turned off the trust rating on his little hole in the world?

Thats not possible, the thread was moved into "obsolete (selling)" which does not show trust rating.

[hedgy73]

I'm still scratching my head about this whole situation, it's the most bizarre set of circumstances I can remember on a selling thread.

[tins]

I bet 'Gold Bits' has plenty more "gold" buffalos in airtite capsules with the black foam protectors. For some people, it's all they ever use.

I have some 5btc Casascius coins. I took these off the original roll personally, and put them into airtites. Any fingerprints are Mikes!

0.11BTC for one
0.1BTC for 2 or more

Prices include tracked shipping to USA & Canada.

[AJRGale]

also as anyone noticed that GoldBits has turned off the trust rating on his little hole in the world?

Thats not possible, the thread was moved into "obsolete (selling)" which does not show trust rating.

Oh, didn't see that! i left a tab open to that page and just hit refresh

[AJRGale]

I'm still scratching my head about this whole situation, it's the most bizarre set of circumstances I can remember on a selling thread.

whats got you? the way goldbits conducted themselfs? or the way people went over the top about it (i admit, im one of them)?

[hedgy73]

I'm still scratching my head about this whole situation, it's the most bizarre set of circumstances I can remember on a selling thread.

whats got you? the way goldbits conducted themselfs? or the way people went over the top about it (i admit, im one of them)?

No its not you lol I'm over the top with suspected scams most of the time myself.

Its weird how it started with GoldBits being a new and user starting a self moderated thread and than deleting any slightly questionable post. I don't think for one second he's a new user more like an old hand playing a bit of a game or as mentioned starting a scam with one legitimate coin. He seems to have been on a bit of a wind up rubbing it in that he's sold the coin on page 2 of this thread without escrow and mentioning requiring escrow on other peoples threads.

I don't know why he would sell a coin under market value again unless it was just bait for a later scam.

I'm not sure why elianite would risk 4btc on what looked like a definite scam at the time especially with escrow being refused.

I then don't know why elianite didn't get proof of the sale at the gold dealer to show here especially as he was already being accused by some of being part of the scam. Unless the coin he received was fake but he didn't want to lose face.

I just don't know its all very strange and there seems to be lots of unanswered questions.

[hilariousandco]

I don't think for one second he's a new user more like an old hand playing a bit of a game

He will be an older user:

I suspect all of these are actually alts of hilariousandco (another staff member) but let me see what I can dig up

Damn, you got me  . The question is, who are you an alt of?

Ha no you are not. It should be obvious who he is an alt of, elianite

Good call, Vod.

Vod hasn't been active here early Jan and a new user very likely wouldn't have any idea of vod or his reputation.

[DiamondCardz]

Why would hilariousandco have alts? They would have much, much less influence than a Staff member account if he really was trying to shill for something.

[hedgy73]

That conversation has been cut from another thread: https://bitcointalk.org/index.php?topic=970157.msg10592240#msg10592240

[DiamondCardz]

That conversation has been cut from another thread: https://bitcointalk.org/index.php?topic=970157.msg10592240#msg10592240

I see. That's interesting, I'll need to read up on that then.

Thanks!

[hedgy73]

That conversation has been cut from another thread: https://bitcointalk.org/index.php?topic=970157.msg10592240#msg10592240

I see. That's interesting, I'll need to read up on that then.

Thanks!

No problem .

[AJRGale]

That conversation has been cut from another thread: https://bitcointalk.org/index.php?topic=970157.msg10592240#msg10592240

I see. That's interesting, I'll need to read up on that then.

Thanks!

No problem .

wow, i did come across that, but now i look into this:

Vod: Last Active: January 12, 2015, 08:02:30 PM

GoldBits: Date Registered: February 23, 2015, 03:16:42 AM

so how'd GoldBits know about Vod? other then going over months of posts.. seems like an old user on here, anyone willing to go though 7600+ posts of vods to see who he has run into?

still, why would Vod go AWOL (studying C+ or some programming language) and then come back as Quickseller, who has been active member since July 22, 2014, 03:51:40 PM?

orrr he could be meaning something else..


wait.. Vod has busted a few scammers balls, i wonder... *checks trust ratings*

[hilariousandco]

He was being sarcastic, Einstein (see, I'm not really accusing you of being Einstein  ). Quickseller obviously isn't vod, though maybe he is the 'new' vod due to his scambusting.

[AJRGale]

He was being sarcastic, Einstein (see, I'm not really accusing you of being Einstein  ). Quickseller obviously isn't vod, though maybe he is the 'new' vod due to his scambusting.

but... i was born in 1984, and Einstein died in 1955, What Are You Accusing Me Of?! I Didn't Done No mass energy bomb! No! *runs away*

yeah, i was just pointing out the obvious, with alcohol in my blood circulation..

[Mitchell]

I've said that I would apologize if GoldBit's sale proofs to be legit and I trust elianite enough to believe that the coin is real. So, GoldBit, I hereby apologize for accusing you.

However, like others have said, I'm almost certain that you are going to pull a long con, based on what has happened and the PM's you have sent me. I cannot prove nor disprove this, so we shall see what the future holds.

[tins]

I've said that I would apologize if GoldBit's sale proofs to be legit...

No need for that apology, yet, as we are still waiting on proof.

There was a claim that the coin was sold (without receipt for proof), but that claim also stated that the pawn show didn't test the coin to see if it was legit. So, 1) no proof of coin's authenticity, and 2) no proof of actual sale of coin.

-----------

Complete side note: eBay is really effing annoying lately. Really nothing to do with this thread, but I needed to get that off my chest.

[AJRGale]

ah well, goldbits hasn't posted since we shamed him here, unless he move on to another name to attempt another scam

[elianite]

At this point I really dont know what to think of GoldBits. Im not gonna go say hes a scammer outright, as I got a legit coin, but it looks like he hasn't been on for several days now. As for tins, I regret my lack of proof.

[AJRGale]

long con idea got busted up i think, couldn't handle multiple people hounding him over it

hell, he may of been fully legit, but the way he conducted himself on here just didn't work here

[hilariousandco]

long con idea got busted up i think, couldn't handle multiple people hounding him over it

hell, he may of been fully legit, but the way he conducted himself on here just didn't work here

I'm not sure it's 'busted up' completely as I would have thought his initial sale was busted the way he acted and how quickly he amassed his neg feedback but someone took the chance regardless of all that. Now we just have to wait and see if he tries more sales and whether someone else takes the chance on the strength of him having 'completed' a previous sale on his terms, though I'm skeptical anybody will and will be very surprised if another person does.

[AJRGale]

long con idea got busted up i think, couldn't handle multiple people hounding him over it

hell, he may of been fully legit, but the way he conducted himself on here just didn't work here

I'm not sure it's 'busted up' completely as I would have thought his initial sale was busted the way he acted and how quickly he amassed his neg feedback but someone took the chance regardless of all that. Now we just have to wait and see if he tries more sales and whether someone else takes the chance on the strength of him having 'completed' a previous sale on his terms, though I'm skeptical anybody will and will be very surprised if another person does.

well the way i see "busting his plan", he sold but everyone saw what he was planing, hence the reason why he hasn't said anything since, even after Blazedout419 showed some interest..

[hilariousandco]

I'm sure blazedout wouldn't have gone ahead with the deal without escrow which is obviously the caveat goldbits would have stuck to.

[AJRGale]

I'm sure blazedout wouldn't have gone ahead with the deal without escrow which is obviously the caveat goldbits would have stuck to.

mm, fair point
 we just have to sit back and watch

[Dorrittulx]

Hmm... So is that guy who "bought" the coin off GB just an alt to attract more buyers? Or is it something else?

[elianite]

So, I bought btc back with the money that I got for the coin.

Since btc price went up so much in past few days, in total I got about 4.1BTC for the $1450cad that I got for the coin, for which i paid 4BTC.

So, for ALL of this; 0.1BTC profit.

sigh...

[EcuaMobi]

So, I bought btc back with the money that I got for the coin.

Since btc price went up so much in past few days, in total I got about 4.1BTC for the $1450cad that I got for the coin, for which i paid 4BTC.

So, for ALL of this; 0.1BTC profit.

sigh...

Well I'd say you did pretty well.

The most probable scenario by far was to lose BTC4.

[TookDk]

So, I bought btc back with the money that I got for the coin.

Since btc price went up so much in past few days, in total I got about 4.1BTC for the $1450cad that I got for the coin, for which i paid 4BTC.

So, for ALL of this; 0.1BTC profit.

sigh...

You would properly have been better of rolling those 4 BTC on Prime dice with 97.5% chance of winning, this would given you 0.1 BTC in profit.

[Silly Money]

So, I bought btc back with the money that I got for the coin.

Since btc price went up so much in past few days, in total I got about 4.1BTC for the $1450cad that I got for the coin, for which i paid 4BTC.

So, for ALL of this; 0.1BTC profit.

sigh...

Why would you go through all this just to buy back coins with the money especially at such low mark up? Why not wait or just hiold the coins? Doesn't make sense to me. Cannot understand why you even sent money to this person in the first place.

[elianite]

So, I bought btc back with the money that I got for the coin.

Since btc price went up so much in past few days, in total I got about 4.1BTC for the $1450cad that I got for the coin, for which i paid 4BTC.

So, for ALL of this; 0.1BTC profit.

sigh...

Why would you go through all this just to buy back coins with the money especially at such low mark up? Why not wait or just hiold the coins? Doesn't make sense to me. Cannot understand why you even sent money to this person in the first place.

back then, my profit would have bee about 1btc, so 20%.
Still not a good bet, but with the price increase its just sad.

[wealthy$]

So, I bought btc back with the money that I got for the coin.

Since btc price went up so much in past few days, in total I got about 4.1BTC for the $1450cad that I got for the coin, for which i paid 4BTC.

So, for ALL of this; 0.1BTC profit.

sigh...

Why would you go through all this just to buy back coins with the money especially at such low mark up? Why not wait or just hiold the coins? Doesn't make sense to me. Cannot understand why you even sent money to this person in the first place.

back then, my profit would have bee about 1btc, so 20%.
Still not a good bet, but with the price increase its just sad.

I will never risk the amount of money risked by eli here  is just too much money to risk to a noob account.
Hopefuly you get your gold right away.
hehe (btw) saw the coins ur selling im interesed. ty

[AJRGale]

So, I bought btc back with the money that I got for the coin.

Since btc price went up so much in past few days, in total I got about 4.1BTC for the $1450cad that I got for the coin, for which i paid 4BTC.

So, for ALL of this; 0.1BTC profit.

sigh...

Why would you go through all this just to buy back coins with the money especially at such low mark up? Why not wait or just hiold the coins? Doesn't make sense to me. Cannot understand why you even sent money to this person in the first place.

back then, my profit would have bee about 1btc, so 20%.
Still not a good bet, but with the price increase its just sad.

I will never risk the amount of money risked by eli here  is just too much money to risk to a noob account.
Hopefuly you get your gold right away.
hehe (btw) saw the coins ur selling im interesed. ty

ah well, Elanite was happy to do it, got hell back from it (yay me...:| ) and didn't get what he wanted in the end.

Goldbits got what he wanted in the end, despite the very suspicious way he handled it, sold some gold for btc. We can only speculate on what, why, who and when of all things here, but its all hindsight now.

and Elanite, im sorry for calling you a puppeteer, scum, whatever i said, what i can see now, it really isn't you nature

[BitcoinFr34k]

So, I bought btc back with the money that I got for the coin.

Since btc price went up so much in past few days, in total I got about 4.1BTC for the $1450cad that I got for the coin, for which i paid 4BTC.

So, for ALL of this; 0.1BTC profit.

sigh...

Why would you go through all this just to buy back coins with the money especially at such low mark up? Why not wait or just hiold the coins? Doesn't make sense to me. Cannot understand why you even sent money to this person in the first place.

back then, my profit would have bee about 1btc, so 20%.
Still not a good bet, but with the price increase its just sad.

It is too bad that the price of bitcoin did not rise further, high enough so that you would have ended up with less bitcoin then you started with when dealing with someone who almost certainly would have just stolen your money

[Berau]

Is eliante then, an alt of goldbits?

To be they have the same posting styles.

[bitcoin_bagholder]

Is eliante then, an alt of goldbits?

To be they have the same posting styles.

An alt or he knows him personally. Or he's incredibly naive. Or incredibly stupid.

[Berau]

Is eliante then, an alt of goldbits?

To be they have the same posting styles.

An alt or he knows him personally. Or he's incredibly naive. Or incredibly stupid.

Probably an alt then, I don't see anyone in the forum that would deal with GoldBits without escrow.

[bensam123]

Is eliante then, an alt of goldbits?

To be they have the same posting styles.

Probably an alt. No one would welcome a newbie with 4 BTC here.

[mayax]

Is eliante then, an alt of goldbits?

To be they have the same posting styles.

An alt or he knows him personally. Or he's incredibly naive. Or incredibly stupid.

Probably an alt then, I don't see anyone in the forum that would deal with GoldBits without escrow.

everybody should use escrow...

[elianite]

Is eliante then, an alt of goldbits?

To be they have the same posting styles.

An alt or he knows him personally. Or he's incredibly naive. Or incredibly stupid.

Probably an alt then, I don't see anyone in the forum that would deal with GoldBits without escrow.

everybody should use escrow...

agreed.