Topic: 40BTC for sale (Read 2528 times)

Can someone explain to me how these paypal mycash cards can be frauded? I don't get it. The cards can only be bought via cash. If you were to steal a bunch of the codes, they wouldn't be worth $500 instantly or anything of the sort - they're worth zero until scanned at the register.

Everyone always says these are fraud and will get reversed - has anyone actually had this happen? My guess is more that people have tried charging them back by saying someone used my code without my permission and if thats the case and you have photos and the agreement you're safe...

Seriously does anyone have proof people obtained any of these cards using CC or anything besides hearing others say it? Lost $300 unexpectedly this weekend and thinking of just adding 3 x $500 cards to my account over the next couple weeks.

If he was not dumb enough to reuse addresses as heavily as he does then the connection between the illicit gains and the bitcoin you are buying would not be there. If you use bitcoin properly then the connection between the illicit gains and the bitcoin you spend will go away 

Stolen paypal mycash cards, stolen electronics and stolen most other things can pretty much always be traced back to you. For all of the above you either need to sell to someone else who must cash out within a certain amount of time before they lose their entire value (in the case of mycash cards), or generally need to physically meet someone (in the case of stolen electronics) - which would potentially trace the stolen goods back to you.

With the case of bitcoin on the other hand, it will not go bad, and you can easily hide your association with the address in question very cheaply - I would say that for ~$0.40 worth of bitcoin (max), for all intensive purposes you would not be able to trace the connection of the addresses my coins ended up to marc's address if I were to purchase 40 BTC of his.

The main reason why I would not do business with the OP is because it is pretty clear to me that the OP one and the same of  Marcchernandez and as a result he will likely make a solid attempt of scamming me, even with the use of escrow.

If however there was a more faint connection between the address the OP signed from and Marcchernandez (for example only one or two transactions - indicating only that they have at least done business with each other ) then you should still trade with extreme caution but the risk of a scam attempt against you is not as great and you should either have your trading partner send first or use a well experienced escrow agent.

I get what you're saying but I still don't see the difference between knowingly buying and selling stolen BTC and buying and selling carded paypal mycash. Instead of mycash, let's say stolen electronics or something else that cannot be traced back?

IMO there is no difference but wanted to see what the rest of you think about it.

Paypal mycash (ect) cards will eventually go bad if their balance is not redeemed and cashed out in time, and whoever is cashing them out is taking on huge risks of being implicated in a number of potential crimes.

Bitcoin is not going to go bad and is fungible. If you ever give any less value to bitcoin because it can be traced back to a scammer (or can be traced back to....any other reason) then bitcoin is destined to fail

Did you miss all the previous posts or are you just trying to drop your link?  

Quick question: Is there are difference between the people who would buy his BTC knowing they been acquired by scamming and those who buy and resell carded gift cards like paypal mycash?   Everyone seems to hate those reselling paypal mycash cards but how about the ones who buy BTC acquired by scamming? Of course they can claim they didn't know they were stolen but the same thing can be said about those who are reselling paypal mycash cards.

I pmed you

Yea for some reason he is horrible at coin control and reuses addresses like crazy.

If he needed fiat for whatever reason then he might as well sell it on an exchange who I am sure will not check for it being sent from an known address of a scammer.

TBH he is probably scamming to fund some kind of drug habit and was somehow high when he attempted to scam which resulted in his cover being blown

Well there's 2 different possible scenarios here:

1) He wants to scam more, directly from this trade. Won't happen anymore.
2) He needs fiat from these scammed coins. Can still happen if buyer doesn't mind dirty BTC.


Doesn't change the fact that he has done quite a bit of scamming. No mixer was used, the dude is extremely sloppy. Similar how he didn't even fully conceal his email address on a previous scam attempt.

Bitcoin is fungible so regardless of where it originated is not reliviant, although buying from that specific address could, in theory attract attention from law enforcement and result in the loss of privacy if his identity is associated with however he sells the bitcoin when he goes on to sell/spend it.

As mentioned above marc might have well laundered the bitcoin via bitmixer or one of many casinos that can/will effectively launder funds for you.

I don't think so, he could just use a mixer to laundry the bitcoins.

I'm pretty sure he's trying to directly scam some more. He will avoid proper escrow at all cost.

Has it occurred to you that these were coins scammed from other people? They're now being laundered, so of course he wants the deal to go through. You're not getting scammed directly, but you are a part of his scheme to get clean money.

Whether or not you care about the BTC originating from illicit activity is another matter.

I think you guys are arguing a moot point, as his account has likely been abandoned and this transaction will never take place.

That would work, however they would need to be US based (a lot of them are not - but I think TC is), and the escrow provider would need to reveal their identity/address/PO box to the buyer, which is something that a lot of escrow providers may not want to do (especially TC - a lot of scammers hate him, although he may trust you specifically with that info), as well would delay the time it would take the seller to receive funds (this is probably a necessary evil involved in using escrow though)

Many of us have long histories of established trades with no issues.  We don't need your "help".

If you've got 40 BTC that you want to turn into cash, and you want to avoid some delays and inconveniences, then I'm happy to help you.


Unbelievable how?

I said I was willing to believe you are legit.

I said I was willing to exchange with you.

You haven't responded to me yet.  Why not?


I'd be perfectly happy to send CASH directly to the escrow provider.  That way the escrow provider can count it and make sure it's all there.  They can then forward that on to BTCist (I'll even provide the postage paid addressed envelope for forwarding it.  That way the escrow provider can know with 100% certainty that I have provided the agreed funds.

Wow he is still at it.  I would of thought someone would have broken his fingers about now.

I honestly don't even think using escrow would be safe for the buyer on this one. The OP is likely going to say that he somehow the funds were not received or that whatever code was given to him did not work/was redeemed already ect.

The OP needs to find someone very reputable that he is willing to send first too, I would personally vouch that Danny is reputable enough to trust sending first too, but is probably one of very people who of so, especially with such a large amount

I'm just saying be more careful dealing with the OP. How many have said they would deal with escrow before? How many times have others tried to pull off scams involving fake escrows or back out at the last minute while trying to get others to send first?

Believe what you want but I know the OP is a scammer. If this is not Marc, it's someone else known around here. Just follow the blockchain transactions Doesn't matter if he completes this trade or not, he's still a scammer and should NOT be trusted.

Danny would obviously be careful enough dealing with him but I'm not so sure of others. Greed seems to get the best of people around here.

Then you won't deal with DannyHamilton?
That would clear any doubts we have.

Lol.... Wow. Okay whatever, I was trying to help you guys out and just sell btc without any ridiculous fees. You guys are unbelievable.