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Topic: Bitcoin Stolen at Gunpoint in New York City Robbery!! (Read 2570 times)

legendary
Activity: 3038
Merit: 1032
RIP Mommy
apparently a 28 year old man was mugged last month in New York City.

he wanted to sell his bitcoin in person, when the buyer (which he met on Craigslist) turned out to be a robber and took his coins at gunpoint!

story at coindesk:
http://www.coindesk.com/bitcoin-stolen-new-york-gunpoint-robbery/


selling bitcoin in person is not safe anymore, next time we should sell out coins in a public place with witnesses present!

His first mistake was craiglist.
If you use LocalBitcoins and use a person with a long history of successful transactions, in a public crowded place with cameras, I don't think there is any risk involved.

False sense of security: 1) Almost all CCTV systems do not have sufficient resolution to run facial recognition on and 2) https://en.wikipedia.org/wiki/Bystander_effect
legendary
Activity: 3248
Merit: 1070
apparently a 28 year old man was mugged last month in New York City.

he wanted to sell his bitcoin in person, when the buyer (which he met on Craigslist) turned out to be a robber and took his coins at gunpoint!

story at coindesk:
http://www.coindesk.com/bitcoin-stolen-new-york-gunpoint-robbery/


selling bitcoin in person is not safe anymore, next time we should sell out coins in a public place with witnesses present!

His first mistake was craiglist.
If you use LocalBitcoins and use a person with a long history of successful transactions, in a public crowded place with cameras, I don't think there is any risk involved.
Interesting story. I agree LocalBitcoins are a better option, but i never really understood local btcs the whole point is a digital way so going someplace to exchange a digital good seems silly to me.

i can only think of traceability, and more privacy wanted, or because it is more practical for them, if you knows someone that sells bitcoin in your zone, i'm sure that you will deal with him instead of going through all the hassle of registration that are present online
hero member
Activity: 628
Merit: 500
apparently a 28 year old man was mugged last month in New York City.

he wanted to sell his bitcoin in person, when the buyer (which he met on Craigslist) turned out to be a robber and took his coins at gunpoint!

story at coindesk:
http://www.coindesk.com/bitcoin-stolen-new-york-gunpoint-robbery/


selling bitcoin in person is not safe anymore, next time we should sell out coins in a public place with witnesses present!

His first mistake was craiglist.
If you use LocalBitcoins and use a person with a long history of successful transactions, in a public crowded place with cameras, I don't think there is any risk involved.
Interesting story. I agree LocalBitcoins are a better option, but i never really understood local btcs the whole point is a digital way so going someplace to exchange a digital good seems silly to me.
legendary
Activity: 1610
Merit: 1183
apparently a 28 year old man was mugged last month in New York City.

he wanted to sell his bitcoin in person, when the buyer (which he met on Craigslist) turned out to be a robber and took his coins at gunpoint!

story at coindesk:
http://www.coindesk.com/bitcoin-stolen-new-york-gunpoint-robbery/


selling bitcoin in person is not safe anymore, next time we should sell out coins in a public place with witnesses present!

His first mistake was craiglist.
If you use LocalBitcoins and use a person with a long history of successful transactions, in a public crowded place with cameras, I don't think there is any risk involved.
legendary
Activity: 3038
Merit: 1032
RIP Mommy
This only happens in "gun free zones" like NYC. In the rest of the U.S. a crook would be risking his life to try this.

Seems to happen a lot in Texas too. Or Alabama. Why are the armed citizen not firing back?

https://www.google.com/#q=robbery+at+gunpoint+texas
https://www.google.com/#q=robbery+at+gunpoint+alabama

Because there are Jim Crow infringement taxes to be paid to be a legally, publicly armed citizen in those southern states. Violent criminals love the disarmed who can't/won't pay.
legendary
Activity: 2982
Merit: 1506
Pie Baking Contest: https://tinyurl.com/2s3z6dee
This only happens in "gun free zones" like NYC. In the rest of the U.S. a crook would be risking his life to try this.

I think the robbers always risking their life everywhere they do action. There is always a chance to them even the place full of people. The robbers just point gun to the victim, tell to be quiet, and give what they want.
newbie
Activity: 4
Merit: 0
This only happens in "gun free zones" like NYC. In the rest of the U.S. a crook would be risking his life to try this.

Seems to happen a lot in Texas too. Or Alabama. Why are the armed citizen not firing back?

https://www.google.com/#q=robbery+at+gunpoint+texas
https://www.google.com/#q=robbery+at+gunpoint+alabama
hero member
Activity: 560
Merit: 500
This only happens in "gun free zones" like NYC. In the rest of the U.S. a crook would be risking his life to try this.

Too true.  But your logic is too overwhelming for most to comprehend.
legendary
Activity: 2156
Merit: 1393
You lead and I'll watch you walk away.
the fact of people using weapons in public its not safe i mean the secure state policie and al its nessecary but for regular peopleno soo you shoud invetigate if that person hass wepons possession in law if soo be even more carfull people with gun licences and nervouse are quite terroristical never aprroax to much even being your infancy friends all people commits errors and pays  for it and megligence of safty its a error too.

Well I know I don't want you to carry a gun. At least not until you sober up.
sr. member
Activity: 252
Merit: 250
the fact of people using weapons in public its not safe i mean the secure state policie and al its nessecary but for regular peopleno soo you shoud invetigate if that person hass wepons possession in law if soo be even more carfull people with gun licences and nervouse are quite terroristical never aprroax to much even being your infancy friends all people commits errors and pays  for it and megligence of safty its a error too.
legendary
Activity: 3066
Merit: 1147
The revolution will be monetized!
This only happens in "gun free zones" like NYC. In the rest of the U.S. a crook would be risking his life to try this.
sr. member
Activity: 406
Merit: 250
NYC doesn't consider selling bitcoins for cash money transmission like all the other USA states? Because then the victim could become the criminal...

It becomes a criminal offense only if the value of the transaction exceeds $10,000 (as per the anti-money laundering law, and the Statute 560.125). Then the person will be in trouble if he doesn't possess a money transmiting license. But in this case, Bitcoins worth some  $3,500 were stolen from the victim. So criminal charges doesn't apply, in my opinion.

not sure about NYC but in texas we have a crime for committing theft under $50 (Yes a 0.05$ piece of gum could get your this charge) and felony charges start at thefts about $1,500 which means min 6months prison after $5000 would be minimum 2 years prison sentence
legendary
Activity: 3766
Merit: 1217
NYC doesn't consider selling bitcoins for cash money transmission like all the other USA states? Because then the victim could become the criminal...

It becomes a criminal offense only if the value of the transaction exceeds $10,000 (as per the anti-money laundering law, and the Statute 560.125). Then the person will be in trouble if he doesn't possess a money transmiting license. But in this case, Bitcoins worth some  $3,500 were stolen from the victim. So criminal charges doesn't apply, in my opinion.
legendary
Activity: 3038
Merit: 1032
RIP Mommy
Economically and potentially physically suicidal to trade BTC in NYC, if you don't go through metal detectors with armed security at all access points (ie courthouses). Or just violate "gun control", because violent criminals give zero fucks and have all the guns they want at all times everywhere else.

they can force you even without any weapons, so it's a bit of pointless, usually if i see someone else with the one you are trading, i would raise, in no time, a red flag in to my head, especially if that person is unknown or slightly known

Force you how? Blackmail? Unless they hand you a document and don't say a word, they're being recorded by your mobile device. Pop out a memory card or otherwise transfer it to law enforcement at the courthouse after the blackmailer's in cuffs.

Economically and potentially physically suicidal to trade BTC in NYC, if you don't go through metal detectors with armed security at all access points (ie courthouses). Or just violate "gun control", because violent criminals give zero fucks and have all the guns they want at all times everywhere else.
wow you paint a horrifying image of NYC, I feel like I am watching Sopranos. and the guy was mugged by Christopher in broad daylight while cops were watching Cheesy

Things like that do happen in RL. I went to the Pride Parade on Market Street one year (in SF) and watched a cop watching two guys pass a joint around 10 feet away from them. They never did anything and eventually walked away. I'm sure NYC cops see so much crime they get immune to it and ignore most of what they see.

Good for those cops not arresting victimless criminals, assuming they were not forcing people to inhale secondhand smoke (one would think the winds would disperse it quickly if they were in open air). NYC cops in public are not who you want intervening, unless you want to be shot along with some innocent bystanders as they mag dump at your armed robber. At least at a courthouse, the timing will be such that you'll either be inside already, and they'll be firing in the opposite direction, or outside, and they will have already shot the armed robber for trying to pass through the detectors/x-ray before you arrived.
legendary
Activity: 3066
Merit: 1047
Your country may be your worst enemy
Well we want BTC to become mainstream, right? So, this was bound to happen. Actually, I wish it would have already happened, it just shows everybody that BTC is real. It has real value so it can be stolen like any valuable.
member
Activity: 78
Merit: 10
NYC doesn't consider selling bitcoins for cash money transmission like all the other USA states? Because then the victim could become the criminal...
legendary
Activity: 2156
Merit: 1393
You lead and I'll watch you walk away.
Economically and potentially physically suicidal to trade BTC in NYC, if you don't go through metal detectors with armed security at all access points (ie courthouses). Or just violate "gun control", because violent criminals give zero fucks and have all the guns they want at all times everywhere else.
wow you paint a horrifying image of NYC, I feel like I am watching Sopranos. and the guy was mugged by Christopher in broad daylight while cops were watching Cheesy

Things like that do happen in RL. I went to the Pride Parade on Market Street one year (in SF) and watched a cop watching two guys pass a joint around 10 feet away from them. They never did anything and eventually walked away. I'm sure NYC cops see so much crime they get immune to it and ignore most of what they see.
legendary
Activity: 1638
Merit: 1163
Where is my ring of blades...
Economically and potentially physically suicidal to trade BTC in NYC, if you don't go through metal detectors with armed security at all access points (ie courthouses). Or just violate "gun control", because violent criminals give zero fucks and have all the guns they want at all times everywhere else.
wow you paint a horrifying image of NYC, I feel like I am watching Sopranos. and the guy was mugged by Christopher in broad daylight while cops were watching Cheesy
legendary
Activity: 3248
Merit: 1070
Economically and potentially physically suicidal to trade BTC in NYC, if you don't go through metal detectors with armed security at all access points (ie courthouses). Or just violate "gun control", because violent criminals give zero fucks and have all the guns they want at all times everywhere else.

they can force you even without any weapons, so it's a bit of pointless, usually if i see someone else with the one you are trading, i would raise, in no time, a red flag in to my head, especially if that person is unknown or slightly known
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