Hard luck to the guy in the article, it's a real shitty thing to happen to somebody but I guess the risks are there when meeting for a face to face trade.
I've already decided what I'll do if we go to the moon, I'll want to sell a large portion of my stash in one go i.e. not on an exchange.
I'll do an OTC (over the counter trade) with a large bitcoin business & they'll charge like 5% of the fee etc but it's safe, quick & easy.
Maybe the guy in this article needs to take a shotgun to his next face to face trade.
Topic: Bitcoin Stolen at Gunpoint in New York City Robbery!! - page 3. (Read 2570 times)
Btw how are he going to sell to him in a person? There is so many escrow that you can count on here and he is selling it without any third party? I think that is a bad idea on selling bitcoin. You just at least pay a little fee to some escrow and he can transfer it to you safely
You still expose yourself to risk even when using a trusted escrow from this forum. On the other hand, there's little to no motivation for an escrow to steal your money if he/she already has a sizable collection of coins from back in the CPU/GPU mining days.
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!
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!
Btw how are he going to sell to him in a person? There is so many escrow that you can count on here and he is selling it without any third party? I think that is a bad idea on selling bitcoin. You just at least pay a little fee to some escrow and he can transfer it to you safely
That's the business model localbitcoins uses. You can arrange to meet buyers in person and sell to them directly for cash. I think the sellers often charge more for the service, but take the risk of being mugged or followed home.
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!
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!
Btw how are he going to sell to him in a person? There is so many escrow that you can count on here and he is selling it without any third party? I think that is a bad idea on selling bitcoin. You just at least pay a little fee to some escrow and he can transfer it to you safely
True, but maybe there is a reason to him so he can't sell it in a person. At least, this news has made us be careful and aware to any crimes that can be happened everywhere and every time.
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!
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!
Btw how are he going to sell to him in a person? There is so many escrow that you can count on here and he is selling it without any third party? I think that is a bad idea on selling bitcoin. You just at least pay a little fee to some escrow and he can transfer it to you safely
Thanks for sharing man now i will also go with gun when selling my bitcoins...hahah
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!
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!
Jump to: