Help a brother out ? | Bitcointalksearch.org

Anne8

member

Activity: 280

Merit: 10

Quote from: BobbyFischer on December 21, 2017, 05:27:09 AM

Hey guys, basically the word MONEY and HONEY go back a long way. So anyways I have honey and I want to sell it for btc. But the problem is I don't really know how. I.e customer pays direct to my btc...but how do I provide them middleman safety net ? I have never done this before. Tried selling honey for btc that is.

I also do this before. But if you want to do this i think you need an escrow people.
I think if you make op in local board would be better.

BitcoinHodler

hero member

Activity: 1456

Merit: 579

HODLing is an art, not just a word...

important
first learn about bitcoin, educate yourself about security, how a wallet works, the risks of losing your wallet (like getting hacked) if you are not careful and how to prevent them, and risks of price fluctuations, learn about fees,...
then start accepting bitcoin.

option 1:
is what everyone else already said. use a third party escrow.

option 2:
learn what Multisignature means and use that as your "customer safety net".
in short you and your customer each create a key and share the public key. in order to create a transaction both of you need to sign the transaction. customer makes the payment to the multisig address you created, you see the funds there so you ship the goods. with it you also spend the funds and half-sign the transaction and send it to the customer to sign it again. he receives the goods signs the transaction and finalizes the transaction. this is 2 of 2.
you can also use a 2 of 3 one with a third party and don't have to fully trust them.

[1] https://en.bitcoin.it/wiki/Multisignature

Real14Hero

hero member

Activity: 952

Merit: 576

It would be foolish to sell honey for bitcoins right now.
Bitcoins can't be used as a currency, because of such high fees.Wait for the blockchain to stabilize, it is taking almost a day for one confirmation.And you can't process an order without confirmations.Because people might double spend.

I would suggest you to open your E-commerce website, by hiring a freelancer(you can hire me, if you want to :p) and accept fiat instead.You can add an option for bitcoin payment alongwih fiat.You can accept altcoins too, but I don't think many people shop with alts.
Good luck!

BobbyFischer

newbie

Activity: 26

Merit: 0

Quote from: samuel999 on December 21, 2017, 05:43:36 AM

Well there’s a couple ways you can do it safely for the customer. If you’re planning on conducting business here on the forum, Search for a trusted escrow With a good reputation for trades. If you’re unfamiliar with the word Escrow, it’s pretty much just the middleman to make sure everybody’s happy in the deal. You can also Google some automated services that provide the same type of thing. How normal transactions work between two trusted members without an escrow would be, they send the bit coin to the address you provided them. You then ship them the honey after receiving the bit coin into your account. Simple as that. Another option for you personally, would be to send the product first to trusted members of the forum. I’m talking about legendary and hero members. Once you build up a reputation for being a trusted seller, sales will come a lot more easily. I hope some of this advice helps you, good luck with your honey business.

Ok hey thanks. Legendary and hero members.

I guess a vouch sales thread would make sense.

harizen

legendary

Activity: 3122

Merit: 1398

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Quote from: BobbyFischer on December 21, 2017, 05:27:09 AM

Hey guys, basically the word MONEY and HONEY go back a long way. So anyways I have honey and I want to sell it for btc. But the problem is I don't really know how. I.e customer pays direct to my btc...but how do I provide them middleman safety net ? I have never done this before. Tried selling honey for btc that is.

Try it first on your local group (your country) e.g social media groups to see and check if it will become quiet success. Nowadays, selling online is present especially on Facebook. In that way you can gather positive reviews that will make you more trustable. Setup a Facebook page where your identity is transparent. Build popularity to prove that you are really legit. I see it's a hassle if you will used an escrow service here since overall it will take time unless an escrow is really interested. Plus you will need to pay for an escrow.

Try it step by step. Goodluck.

Lodi0808

member

Activity: 182

Merit: 10

The best way dudecto sell your honey is setting uo an ecommerce site where you can display your product, take orders and accept payments through different payment methods. Try to google shopify and it will also guide you on everything needed setting up your ecommerce website.

sujonali1819

legendary

Activity: 2436

Merit: 1189

Need Campaign Manager?PM on telegram @sujonali1819

Quote from: BobbyFischer on December 21, 2017, 05:27:09 AM

Hey guys, basically the word MONEY and HONEY go back a long way. So anyways I have honey and I want to sell it for btc. But the problem is I don't really know how. I.e customer pays direct to my btc...but how do I provide them middleman safety net ? I have never done this before. Tried selling honey for btc that is.

You need trusted escrow service. you can search in this group trusted escrow list. you can visit here to know more information about escrow service, https://bitcointalksearch.org/topic/list-bitcointalks-escrow-providers-ranking-blacklist-avoid-scam-276897

samuel999

sr. member

Activity: 256

Merit: 250

CSGOBetGuide.com - Esports Gambling List

Well there’s a couple ways you can do it safely for the customer. If you’re planning on conducting business here on the forum, Search for a trusted escrow With a good reputation for trades. If you’re unfamiliar with the word Escrow, it’s pretty much just the middleman to make sure everybody’s happy in the deal. You can also Google some automated services that provide the same type of thing. How normal transactions work between two trusted members without an escrow would be, they send the bit coin to the address you provided them. You then ship them the honey after receiving the bit coin into your account. Simple as that. Another option for you personally, would be to send the product first to trusted members of the forum. I’m talking about legendary and hero members. Once you build up a reputation for being a trusted seller, sales will come a lot more easily. I hope some of this advice helps you, good luck with your honey business.

BobbyFischer

newbie

Activity: 26

Merit: 0

Hey guys, basically the word MONEY and HONEY go back a long way. So anyways I have honey and I want to sell it for btc. But the problem is I don't really know how. I.e customer pays direct to my btc...but how do I provide them middleman safety net ? I have never done this before. Tried selling honey for btc that is.

Topic: Help a brother out ? (Read 143 times)