Danger when buying/selling BTC in person - page 10.

Bitware

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Quote from: isen on August 02, 2016, 05:06:50 AM

So i was reading an article about someone who got robbed when he tried to buy in person 28000$ of Bitcoin
http://www.coindesk.com/florida-bitcoin-sale-knifepoint-robbery/
Personally i avoid dealings like this cause it is not easy to trust a random stranger.
How about you?do you buy or sell bitcoins in person?If yes have you ever had any bad experiences?

Most police departments allow you to do exchanges of value there. Just call ahead and ask. Police want us to trade as safely as possible. If it's a large amount of value being traded, call ahead and ask for a time where an officer can be present to observe in case there are any shenanigans.

Also, its good to trade value at any public place in front of witnesses and cameras. At a mall security office, internet coffee shops, internet cafes, fast food restaurants, convenience store or gas station parking lots, big box retailer, etc.

European Central Bank

legendary

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There's danger in selling and buying. How many other times in your life do you arrange to meet a total stranger who knows you'll have a large amount of money on you?

Not all that often i reckon. It's a little bit of amateur hour that could do with being left behind.

extrabyte

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Quote from: isen on August 02, 2016, 05:06:50 AM

So i was reading an article about someone who got robbed when he tried to buy in person 28000$ of Bitcoin
http://www.coindesk.com/florida-bitcoin-sale-knifepoint-robbery/
Personally i avoid dealings like this cause it is not easy to trust a random stranger.
How about you?do you buy or sell bitcoins in person?If yes have you ever had any bad experiences?

I think that the seller should go on a safe place where there are many cameras and there are bodyguards on that store/market/restaurant or whatever place. Such a large amount to deal in person is very dangerous not in Florida in this case but everywhere in the world because it's all on cash.

aesma

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The reason to buy with cash is of course to not let a trail at a bank.

Buying 28000$ in one time is stupid though.

X-ray

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Quote from: ebookscreator on August 02, 2016, 06:35:48 AM

They are dealing in a wrong place thats why its happen.. i learn something about this.. and i think yeah right better to deal someone if you meet btc person to person better to meet in many people like mall and yeah mcdonalds or jollybee..

that's right,more person mean better place,if the person you're dealing with at a sudden using gun to trying to rob you,other people will could potentially help you to call the police or doing whatever they can do and it's such a good situation

Nahl

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indeed even in a bus i was very rarely talking with stranger because i don't trust them all and regarding your questions i was never buying bitcoin person to person and even my friends also bitcoin users he was not selling bitcoin to me because most of us only buying bitcoin using my local exchange and during i use my local exchange i have no bad experience

ebookscreator

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They are dealing in a wrong place thats why its happen.. i learn something about this.. and i think yeah right better to deal someone if you meet btc person to person better to meet in many people like mall and yeah mcdonalds or jollybee..

MyBTT

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Lesson learned. If you're doing a trade in real life, good for you. In fact, this is the way to minimise the risk. Getting mugged like that is one of the biggest concerns.

This is why you trade in a public place, in plain sight of others, like Macdonalds.

TastyChillySauce00

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well that reason is indeed could threaten you when doing offline transaction, in offline you'll maybe risking your life by meeting with stranger but in online you're risking your funds,but you can still avoid this by preparing any possibilities and protection

clickerz

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Sorry to hear that news, Why meet personally when he can buy on exchanges? Or when he buy on one on one meeting, why not select a safe place? Transact with a friend,brother or any trusted person. Why bring cash if he can pay through a check? there are many options.

outatime1

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You should do those transactions in a public place. That will reduce the risk of being robbed. I would also be careful about buying that much at one time. Maybe buy only 1 or 2 bitcoins at a time.

mobnepal

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I have done few personal face to face dealing but those are not with strangers. I first start to meet with the guys who are crypto traders and quickly become friend than only i feel easy to do cash deals. But most of the times local online payment processor had become easy and secure for me.

jak3

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something like that did not have ever faught with me and after seeing this type pf inccident i am not gonna do it. i will now prefer only online transfers but with full saftly or at least necessary precautions.sad to see that article

ImHash

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sorry to hear this but you can get robbed almost anytime and anywhere doing anything, it's not bitcoin to blame.
I do crypto for it's hassle free earnings and tradings that even not having to deal with any banker or agents, also I would never buy in person lol only if you trying to do drugs and stuff like that. Cheesy

designbuyers

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Quote from: isen on August 02, 2016, 05:06:50 AM

So i was reading an article about someone who got robbed when he tried to buy in person 28000$ of Bitcoin
http://www.coindesk.com/florida-bitcoin-sale-knifepoint-robbery/
I avoid doing dealings like this cause it is not easy to trust a random stranger.
How about you?do you buy or sell bitcoins in person?If yes have you ever had any bad experiences?

Yes, if you can't sell it in-person then sell it online, still have risk and all.

isen

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So i was reading an article about someone who got robbed when he tried to buy in person 28000$ of Bitcoin
http://www.coindesk.com/florida-bitcoin-sale-knifepoint-robbery/
Personally i avoid dealings like this cause it is not easy to trust a random stranger.
How about you?do you buy or sell bitcoins in person?If yes have you ever had any bad experiences?

Topic: Danger when buying/selling BTC in person - page 10. (Read 6462 times)