Topic: How to know is someone real and trusted for Bitcoin trading? - page 2. (Read 835 times)
Why would you want to do Bitcoin transaction with someone? If that person wants to sell an item to you wake sure you meet face to face and confirm if the item is intact, do not send money to unknown people online, if you want to buy Bitcoin go to exchange
My Question Is, How to trust someone in Bitcoin Transaction?
Lots of people offering Lot's of things but whom to believe and how
ny advise for.you is to be careful ,if your not sure then dont trade to any member. Were in a pandemic days so everyone needs cash , people will do everything just earn money even in a bad way. Lots of people offering Lot's of things but whom to believe and how
Instead of dealing with a individual you can deal with a exchange as you can see on platforms like trust pilot or social media that what do people say about the exchange and what is their services pros and cons. But, if you are dealing with and individual you do not have any such info.
Well, if you are trading on localbitcoins or paxful, check their past trading history. Rule is, never buy bitcoin from someone without an escrow, no matter how good their reputation is. And when you sell, verify their ID to make sure the money they are sending you isn't from a source that's illegal.
I saw some people who offer to invest in them and they will trade your funds. But it seems to me this is a very high-risk enterprise, and I can trust. My strategy is just to invest and save.
The use of escrow is more likely to cause damage To see if someone is genuine and trustworthy for the Bitcoin business you need to make a good check on who you will be dealing with If you are not a trustworthy person it is better not to do the transaction If you can't find a trusted person learn about his various sites plan and research and then make a transaction But don't go for less than your full potential Do a small amount and then increase the number of transactions.
If you are not sure about an exchange do not enter into it or use a trusted escrow.
Before trust, anyone or any exchange just reverify from your side. If you are n't sure about the exchange just trade for a small amount and see if it works for you then you can invest further.
would be easier to find a trusted escrow for otc
My Question Is, How to trust someone in Bitcoin Transaction?
Lots of people offering Lot's of things but whom to believe and how
Lots of people offering Lot's of things but whom to believe and how
To know that a service such as an online and anonymous bitcoin transaction is legitimate, one must sacrifice whether he sends first or he receives first. Here in forum, you'll find a lot of trusted users whom had already been transacted with other forum users hence gaining a trust tag, in which is a helpful tool to provide other users whom to be trusted and whom are not. Yet if some stranger approached you for a transaction, better not invest nor initiate first. If he should be trusted, he sends first.
Trust points would be a good indicator to determine whether a user is that trustworthy. Although, there are people here who are trustworthy but are not having trust points. But it would be understood already that you are just wanting for assurance so it should not be surprising if you would look in such aspect. Also, trust score is not enough, check who gave him the trust point, it is a matter of checking the credibility of a trust point which would further give weight to that point. If that person who gave him trust point is having a good image or simply if he is wellknown in this forum, it would be safe to make transaction to that person who earned the trust point because those who have good image in this forum won't give points if the user do not deserve it.
Lots of people offering Lot's of things but whom to believe and how
If someone offers you something, ask him or her for provide some proof. Many times many people offer something huge but in reality they have nothing. If you pay them before, they will scam your money.
Another solution for this is to use escrow. If you trade in this forum, there are many trusted members who provide escrow services. If use Escrow, there is less chance to become a scam.
There's no way to you can identify a scammer you met in a social media. But I'll make use of this forum as an example of how to identify trusted people, always cheat the trust feedback on whoever you're transacting with and also make use of escrow.
Head to this part of the forum https://bitcointalk.org/index.php?board=53.0 and you can create topics for any trades you want to make.
Head to this part of the forum https://bitcointalk.org/index.php?board=53.0 and you can create topics for any trades you want to make.
bitcoin transaction involves two people that agreed to transfer the bitcoin coin using the blockchain platform with the address. it is a decentralized platform without a third party and the transaction happens fast and efficient much better than fiat transaction. the best opption of buying and selling bitcoin is o use an exchange. avoid telegram platforms where scammers are looking for people to scam and also ponzi sites that offer high percentage.
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trust no one in this virtual world because there are so many hackers and scammers you will meet from this forum.
Not for everything and it must be a certain person who cant prove anything. In this forum we have a small number of trusted users and you will find them if you need escrow, they are staff, admins, and people who have valid proof of ownership. We cant say that everyone here cant be trusted and only those who cant prove anything that cant be trusted. trust no one in this virtual world because there are so many hackers and scammers you will meet from this forum.
Do a small analysis such as asking for proof of ownership and use a trusted escrow to make trades involving money. This is the solution.
I don't think that there would be a ways for us to identify whether the one we are talking to is a trustworthy person because if that is possible then I think there would be no more cases about fraud, hack, scam, etc. We cannot say that the person we are talking to that he is not saying the true so the best things that we should do is always be careful, do not let him know some of your personal information, trust no one in this virtual world because there are so many hackers and scammers you will meet from this forum.
Trusting somebody in cryto trading is a high trade that should not be taken unless it is your best of friend- even as that don't take the risk.
Indeed, the only person that we can give our trust is our friend and our bestfriend, they will not fool us especially when it terms of money, but there are also some incident having fooled person by his bestfriend, so always still be careful, even your best friend can fool you, so always keep your personal information on you. 
The saying goes, “Do not trust, verify.”
Trusting somebody in cryto trading is a high risk that should not be taken unless it is your best of friends even as that don't take the risk.
Aside from escrow system in place the next factor to consider is the trust system.
When these two are in place I believe you can do business with anybody without fear of trust.
Aside from escrow system in place the next factor to consider is the trust system.
When these two are in place I believe you can do business with anybody without fear of trust.
The easiest way to fix this is if you are having any doubts to the one who you transacting with you will always have the option to opt out an escrow. Even though Satoshi have specifically told that Bitcoin is a solution for P2P transaction availing a middleman for holding payments is something accepted in a Bitcoin transaction since you can never be to sure someone is looking to scam you in the web. If you ask for escrow to the other party and he made several excuses not too this is also a good indicator that the one who you transacting with is just there to scam you and you should back off right away.
My Question Is, How to trust someone in Bitcoin Transaction?
Lots of people offering Lot's of things but whom to believe and how
Just use escorw if you are dealing with crypto currencies with individuals and the list can be seen by the above links. Lots of people offering Lot's of things but whom to believe and how
If you are going to trade cryptocurrencies to other cyptos then make sure the exchange you are choosing for trading is legit.
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