GoldBits - Newbie scammer

[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.

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[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.