A Phuket villa owner agrees to accept bitcoin, how do I proceed

hl5460

legendary

Activity: 1621

Merit: 1000

news.8btc.com

Quote from: Elwar on August 04, 2015, 03:48:19 AM

If it's an actual business just pay the deposit in bitcoins. Make sure to get confirmation via e-mail that he received the funds and you're good to go. When you arrive, pay the rest in bitcoins.

Yes, I got email confirmation of the deposit this morning.
Thanks for the reminder. I am not sure whether to pay the balance in bitcoin or in cash.
We will figure it out after we are there.

Elwar

legendary

Activity: 3598

Merit: 2386

Viva Ut Vivas

Quote from: hl5460 on August 02, 2015, 01:59:31 AM

Thanks all for the tips and advice.
I decided to trust him.
I just sent him 1.41 btc as down payment.

https://blockchain.info/address/1E7nVbLQc6Fu39MEzHE7WMWwcTL1ysgPci

Ahh, I see you went for it.

Let us all know the villa to give the guy more business.

NorrisK

legendary

Activity: 1946

Merit: 1007

If you pay when you arrive there (aside from the deposit) I don't see much difference from paying in cash when you arrive.

I wouldn't look for an escrow, it makes things too complicated for someone who is willing to help you by getting into bitcoin.

Elwar

legendary

Activity: 3598

Merit: 2386

Viva Ut Vivas

If it's an actual business just pay the deposit in bitcoins. Make sure to get confirmation via e-mail that he received the funds and you're good to go. When you arrive, pay the rest in bitcoins.

countryfree

legendary

Activity: 3066

Merit: 1047

Your country may be your worst enemy

Quote from: CIYAM on August 02, 2015, 08:19:17 PM

Quote from: countryfree on August 02, 2015, 06:10:07 PM

When were you there?
I've been to Bangkok 15 times without any trouble with a taxi at the airport. There are also trains and buses if you prefer. I've used them both, but it depends where you want to go next. Anyway 300 baht is very cheap (that's $10). You'd pay double or triple that anywhere in Europe. I can't remember how much I've paid though, but I would remember if it were big money.

I (and the OP) am referring to Phuket (not Bangkok) airport and certainly back in 2012 there were no "metered" taxis on Phuket island (yes of course Bangkok is very straight forward and you have a few choices).

As I stated the prices may well have gone up quite a bit in the last few years but if the situation hasn't changed a lot then you can probably still expect to pay 10x as much going from Phuket airport to your accommodation as you would in Bangkok.

Oh, yeah Phuket, I'm very sorry! I got into this topic understanding it was about Thailand, and forgetting that actually it was in Phuket. Quite far from the Thailand I know. I've only been in Bangkok, Pattaya and around the gulf. Forget what I wrote earlier.
Still, 300 baht isn't big money.

CIYAM

legendary

Activity: 1890

Merit: 1086

Ian Knowles - CIYAM Lead Developer

Quote from: countryfree on August 02, 2015, 06:10:07 PM

When were you there?
I've been to Bangkok 15 times without any trouble with a taxi at the airport. There are also trains and buses if you prefer. I've used them both, but it depends where you want to go next. Anyway 300 baht is very cheap (that's $10). You'd pay double or triple that anywhere in Europe. I can't remember how much I've paid though, but I would remember if it were big money.

I (and the OP) am referring to Phuket (not Bangkok) airport and certainly back in 2012 there were no "metered" taxis on Phuket island (yes of course Bangkok is very straight forward and you have a few choices).

As I stated the prices may well have gone up quite a bit in the last few years but if the situation hasn't changed a lot then you can probably still expect to pay 10x as much going from Phuket airport to your accommodation as you would in Bangkok.

dollarneed

hero member

Activity: 742

Merit: 500

Quote from: hl5460 on August 02, 2015, 02:22:35 AM

Quote from: ajareselde on August 02, 2015, 02:12:20 AM

Quote from: hl5460 on August 02, 2015, 01:59:31 AM

Thanks all for the tips and advice.
I decided to trust him.
I just sent him 1.41 btc as down payment.
https://blockchain.info/address/1E7nVbLQc6Fu39MEzHE7WMWwcTL1ysgPci

So even after all the talk and advices on escrow, in the end you just sent him the money straight up anyways ?
Well, if he is running a legitimate bussines, i guess he has no incentive to scam you and risk his reputation to be trashed amung other clients.
Let's just hope it turns out well.

cheers

Escrow could be too complicated for a beginner and I don't want to ruin the user experience.

And he seems to be trustworthy to me, just like you said.

I think if that guy is a owner of course he wont ripped you
because its caused his reputation going bad
by the nice info and i have a plan to take some holiday in thailand
iam waiting for your testimonial

Meuh6879

legendary

Activity: 1512

Merit: 1012

Quote

his concern was that since bitcoin tx is not reversible, how can I protect my interest, what if this guy runaway

You can't.

That why, at the beginning, Bitcoin transaction is TRUST.
Don't buy online with an unknown seller ... 1st rules.

countryfree

legendary

Activity: 3066

Merit: 1047

Your country may be your worst enemy

Quote from: CIYAM on August 02, 2015, 02:16:25 AM

Quote from: countryfree on August 01, 2015, 11:06:10 AM

Don't worry about airport pickups, you just need to settle the price with the cab driver before you get in his car.

You won't leave the airport unless you agree to a very high price (such as 10x what you'd pay in Bangkok) if you go about it that way (they are not at all "desperate for your business" as there are far more "arriving suckers" than there are taxis on the island).

When were you there?
I've been to Bangkok 15 times without any trouble with a taxi at the airport. There are also trains and buses if you prefer. I've used them both, but it depends where you want to go next. Anyway 300 baht is very cheap (that's $10). You'd pay double or triple that anywhere in Europe. I can't remember how much I've paid though, but I would remember if it were big money.

Hopalong

member

Activity: 112

Merit: 10

Quote from: hl5460 on August 02, 2015, 02:22:35 AM

Quote from: ajareselde on August 02, 2015, 02:12:20 AM

Quote from: hl5460 on August 02, 2015, 01:59:31 AM

Thanks all for the tips and advice.
I decided to trust him.
I just sent him 1.41 btc as down payment.
https://blockchain.info/address/1E7nVbLQc6Fu39MEzHE7WMWwcTL1ysgPci

So even after all the talk and advices on escrow, in the end you just sent him the money straight up anyways ?
Well, if he is running a legitimate bussines, i guess he has no incentive to scam you and risk his reputation to be trashed amung other clients.
Let's just hope it turns out well.

cheers

Escrow could be too complicated for a beginner and I don't want to ruin the user experience.

And he seems to be trustworthy to me, just like you said.

As i see it he is probably just as trustworthy as any escrow you can find. If you are able to find an escrow anywhere...

meono

full member

Activity: 196

Merit: 100

Quote from: hl5460 on July 31, 2015, 11:11:10 PM

Quote from: ShetKid on July 31, 2015, 09:35:05 AM

Make the initial payment with paypal or something cash related and make the remaining payment after reaching there and staying with bitcoins. It will protect you . However i am sure should be safe sending bitcoin too as long as that villa owner is reputed on airbnb.

Yes, that's right. He got good ratings on airbnb and I think he is unlikely to deny the transaction.

Is it possible for blockchain to host a credit rating system for every user?

Dafug? You're not a newbie and you're asking this question?

Holy moauh yeah low mah!

CIYAM

legendary

Activity: 1890

Merit: 1086

Ian Knowles - CIYAM Lead Developer

Quote from: hl5460 on August 02, 2015, 02:25:46 AM

Thanks again, will book the pickup taxi service offered by owner.

From memory I ended up paying at least 300 baht for a 5 min. journey (in Bangkok a 10 min. journey at the time would have been only 60 baht thus my estimate of paying 10x as much) because of not organising anything (expecting I'd be able to get a taxi that would use a meter - for a start they have no taxis with meters on the island at all and good luck trying to bargain with them).

So unless the pickup service is more than 300 baht then I would think you'd be better off to take that (prices may have increased since I was there in 2012 of course).

Also to save money getting around I'd recommend hiring a motor scooter (assuming you know how to ride one).

hl5460

legendary

Activity: 1621

Merit: 1000

news.8btc.com

Quote from: CIYAM on August 02, 2015, 02:16:25 AM

Quote from: countryfree on August 01, 2015, 11:06:10 AM

Don't worry about airport pickups, you just need to settle the price with the cab driver before you get in his car.

You won't leave the airport unless you agree to a very high price (such as 10x what you'd pay in Bangkok) if you go about it that way (they are not at all "desperate for your business" as there are far more "arriving suckers" than there are taxis on the island).

Thanks again, will book the pickup taxi service offered by owner.

hl5460

legendary

Activity: 1621

Merit: 1000

news.8btc.com

Quote from: ajareselde on August 02, 2015, 02:12:20 AM

Quote from: hl5460 on August 02, 2015, 01:59:31 AM

Thanks all for the tips and advice.
I decided to trust him.
I just sent him 1.41 btc as down payment.
https://blockchain.info/address/1E7nVbLQc6Fu39MEzHE7WMWwcTL1ysgPci

So even after all the talk and advices on escrow, in the end you just sent him the money straight up anyways ?
Well, if he is running a legitimate bussines, i guess he has no incentive to scam you and risk his reputation to be trashed amung other clients.
Let's just hope it turns out well.

cheers

Escrow could be too complicated for a beginner and I don't want to ruin the user experience.

And he seems to be trustworthy to me, just like you said.

CIYAM

legendary

Activity: 1890

Merit: 1086

Ian Knowles - CIYAM Lead Developer

Quote from: countryfree on August 01, 2015, 11:06:10 AM

Don't worry about airport pickups, you just need to settle the price with the cab driver before you get in his car.

You won't leave the airport unless you agree to a very high price (such as 10x what you'd pay in Bangkok) if you go about it that way (they are not at all "desperate for your business" as there are far more "arriving suckers" than there are taxis on the island).

ajareselde

legendary

Activity: 1722

Merit: 1000

Satoshi is rolling in his grave. #bitcoin

Quote from: hl5460 on August 02, 2015, 01:59:31 AM

Thanks all for the tips and advice.
I decided to trust him.
I just sent him 1.41 btc as down payment.
https://blockchain.info/address/1E7nVbLQc6Fu39MEzHE7WMWwcTL1ysgPci

So even after all the talk and advices on escrow, in the end you just sent him the money straight up anyways ?
Well, if he is running a legitimate bussines, i guess he has no incentive to scam you and risk his reputation to be trashed amung other clients.
Let's just hope it turns out well.

cheers

hl5460

legendary

Activity: 1621

Merit: 1000

news.8btc.com

Thanks all for the tips and advice.
I decided to trust him.
I just sent him 1.41 btc as down payment.

https://blockchain.info/address/1E7nVbLQc6Fu39MEzHE7WMWwcTL1ysgPci

Possum577

sr. member

Activity: 434

Merit: 250

Loose lips sink sigs!

Quote from: hl5460 on July 31, 2015, 09:00:07 AM

Quote from: CIYAM on July 31, 2015, 08:47:01 AM

You should have probably thought about using a trusted escrow before trying to work out the deal (but perhaps that is now too late).

This is actually where Bitcoin *sucks* for spenders. My advice would be not to pay the BTC until you actually arrive at the venue but quite likely the provider will not want to do that (and you won't know if they will even then have a suitable room for you).

So assuming they won't agree to an escrow and you don't want to trust them I'd have to say "use a credit card" or "paypal" (at least those can be reversed).

Also - best to get a "pick up" from the airport as the "so-called taxis" are the biggest ripoff there (you will get burned with that).

1. It's not too late, I still hold my coins.
2. Actually, down payment is a reasonable and I am not against it.
3. We have credit cards to do the job.
4. Paypal take 4% commission? not sure
5. I will try to talk him into using an escrow service here in the forum?
6. Where can I find the trusted escrows?

Finally, thanks for the Taxi tips and I think we are going to use the pickup service .

Regarding PayPal if the payment type you select is "Send money to friends and family" they won't charge you a fee. This is how you can avoid the 4% you quoted.

CIYAM's advice on escrow is a great idea, refer him to one of the escrow providers here - that way if something gets messed up there's literally a "forum" for him to complain if things go sour. Maybe CIYAM would offer escrow?!?!

achow101

staff

Activity: 3458

Merit: 6793

Just writing some code

Quote from: BillyBobZorton on August 01, 2015, 11:10:13 AM

Quote from: CIYAM on July 31, 2015, 08:47:01 AM

You should have probably thought about using a trusted escrow before trying to work out the deal (but perhaps that is now too late).

This is actually where Bitcoin *sucks* for spenders. My advice would be not to pay the BTC until you actually arrive at the venue but quite likely the provider will not want to do that (and you won't know if they will even then have a suitable room for you).

So assuming they won't agree to an escrow and you don't want to trust them I'd have to say "use a credit card" or "paypal" (at least those can be reversed).

Also - best to get a "pick up" from the airport as the "so-called taxis" are the biggest ripoff there (you will get burned with that - having been there myself I know).

Bitcoin will stop sucking in regards to spenders once we finally get fully functioning decentralized 0 trust escrows. We need this really soon so we can stop scammers. Soon being a escrow will be yet another automated job thanks to technology.

While that would be great, how would such a thing be possible? A zero trust escrow in itself is contradictory since an escrow is a trusted person who holds money or goods for a trade. Escrow means that you need to trust someone. How would an automated 0 trust escrow work?

ransomer

newbie

Activity: 56

Merit: 0

Quote from: BillyBobZorton on August 01, 2015, 11:10:13 AM

Quote from: CIYAM on July 31, 2015, 08:47:01 AM

You should have probably thought about using a trusted escrow before trying to work out the deal (but perhaps that is now too late).

This is actually where Bitcoin *sucks* for spenders. My advice would be not to pay the BTC until you actually arrive at the venue but quite likely the provider will not want to do that (and you won't know if they will even then have a suitable room for you).

So assuming they won't agree to an escrow and you don't want to trust them I'd have to say "use a credit card" or "paypal" (at least those can be reversed).

Also - best to get a "pick up" from the airport as the "so-called taxis" are the biggest ripoff there (you will get burned with that - having been there myself I know).

Bitcoin will stop sucking in regards to spenders once we finally get fully functioning decentralized 0 trust escrows. We need this really soon so we can stop scammers. Soon being a escrow will be yet another automated job thanks to technology.

Sounds like a good idea... strange this hasn't been put into place yet. Because currently 'risk' is the no. 1 reason bitcoin is not used more. Risk of transaction (irreversability being a really bad thing - except of course for criminals, drug traders, rebels, militia..), and risk of storing wealth (hacking etc.).

Topic: A Phuket villa owner agrees to accept bitcoin, how do I proceed (Read 2015 times)