iPhone for 1000000 BTC | Bitcointalksearch.org

Welsh

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Quote from: miffman on September 01, 2013, 09:43:56 AM

I'm pretty sure it's a whole joke between the sellers and the bidders

It could be a joke. But, this has happened before with a 'convincing price' which they received bad feedback for asking for the Bitcoin first.

Okay, it looks like they are alt accounts and have actually tried to make it look like they are a legit seller. Look at their feedback. All from new members with "Neutral" feedback because without the item being delivered they can't actually put "positive". However, it has positive comments.

toddtervy

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Quote from: Welsh on September 01, 2013, 05:54:31 AM

Actually, that phone has been listed about 4 times. From a different user each time. If you bid on it, you'll have a message "Would you like to buy this for 1BTC" each time. Then when the auction finishes, it will be listed again. Every time this has happened, the account has had bad feedback stating they wanted the coins first. (The pictures can be found on google also).

So, I guess the buyers realised and made a massive bid to stop others bidding. The top bidder is probably on a new account.

Does that buypass Bitmit when they do that?

marcovaldo

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Quote from: b!z on September 01, 2013, 09:54:09 AM

Quote from: 01BTC10 on September 01, 2013, 06:21:27 AM

I would be extremely surprised. This is not eBay.

eBay has plenty of fake bids too. ever seen 9,999,999$ bids on items?

No, I never seen 9,999,999$ bids on items on ebay, and they have a strict policy concerning that.
Your account who be closed soon if you do that. And on ebay, they have your phone number because you have to confirm it when you register, so you might be in trouble.

b!z

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Quote from: 01BTC10 on September 01, 2013, 06:21:27 AM

I would be extremely surprised. This is not eBay.

eBay has plenty of fake bids too. ever seen 9,999,999$ bids on items?

miffman

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PGP ID: 78B7B84D

I'm pretty sure it's a whole joke between the sellers and the bidders

hope4me

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Quote from: marcovaldo on September 01, 2013, 06:32:17 AM

That's like if someone steals you 100 euros in the street. You go to the police, the police arrested him, but he can't give you back the 100 euros because the transaction is irreversible Huh

In reality you go to the police, file your case and nothing happens

Welsh

staff

Activity: 3304

Merit: 4115

That's right. If for what ever reason the seller wants you to pay without escrow, simply don't do it. Even if they are the highest reputable members on bitmit. It's happened before when they run off with the money. So, always require escrow. At the moment I think bitmit hasn't had many scams because everyone tends to use escrow.

01BTC10

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This is why Bitmit and experimented bitcoiners use escrow.

marcovaldo

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Quote from: gerXhonza on September 01, 2013, 06:28:57 AM

Quote from: 01BTC10 on September 01, 2013, 06:21:27 AM

I would be extremely surprised. This is not eBay.

Ok, BitMit might add "Scammer paradise" to their logo then

Bitcoin is the scammer paradise, not bitmit.
That's like if someone steals you 100 euros in the street. You go to the police, the police arrested him, but he can't give you back the 100 euros because the transaction is irreversible Huh

gerXhonza

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Quote from: 01BTC10 on September 01, 2013, 06:21:27 AM

I would be extremely surprised. This is not eBay.

Ok, BitMit might add "Scammer paradise" to their logo then

01BTC10

vip

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I would be extremely surprised. This is not eBay.

gerXhonza

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Quote from: 01BTC10 on September 01, 2013, 05:59:06 AM

Quote from: marcovaldo on September 01, 2013, 05:57:15 AM

Quote from: Welsh on September 01, 2013, 05:54:31 AM

Actually, that phone has been listed about 4 times. From a different user each time. If you bid on it, you'll have a message "Would you like to buy this for 1BTC" each time. Then when the auction finishes, it will be listed again. Every time this has happened, the account has had bad feedback stating they wanted the coins first. (The pictures can be found on google also).

So, I guess the buyers realised and made a massive bid to stop others bidding. The top bidder is probably on a new account.

Why the buyers would do that and not buy it now at the price asked by the seller (around 1 btc).
I don't understand it.

To block what he think is a scam attempt. The seller is trying to bypass the escrow system by asking the buyer to send the BTC directly to him before he ship.

I wouldnt be surprised if there will be lawsuit against the winner to pay the bidded amount for the item

marcovaldo

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Ok, I will check it

Welsh

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Activity: 3304

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Quote from: marcovaldo on September 01, 2013, 05:57:15 AM

Quote from: Welsh on September 01, 2013, 05:54:31 AM

Actually, that phone has been listed about 4 times. From a different user each time. If you bid on it, you'll have a message "Would you like to buy this for 1BTC" each time. Then when the auction finishes, it will be listed again. Every time this has happened, the account has had bad feedback stating they wanted the coins first. (The pictures can be found on google also).

So, I guess the buyers realised and made a massive bid to stop others bidding. The top bidder is probably on a new account.

Why the buyers would do that and not buy it now at the price asked by the seller (around 1 btc).
I don't understand it.

I guess they could be trying to prolong it. But, I'm not sure why they are bidding that amount. I would of thought they would just report it. I'm guessing it's been reported a few times now. But, when this ends and there's a similar auction, look out. The price normally starts at £10. As soon as you bid you normally get a message something like I already stated. I have done this twice now and had a similar message. They are both new accounts. Also, the account always has negative feedback after the auction is finished.

The bidders could be also new accounts to stop others from bidding. They don't mind getting negative feedback from the seller if they have purposely done it to stop others from bidding. This has happened a few times.

jackjack

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May Bitcoin be touched by his Noodly Appendage

Quote from: zwanzig20 on September 01, 2013, 05:55:43 AM

Quote from: b!z on September 01, 2013, 01:13:19 AM

If you take a time machine and go back a few years, 1000000 BTC would be a great price for an iPhone 5.

I would put the BTC on a USB and take it back with me Wink

Great, you would have orphans transactions on your USB key, enjoy your 0BTC

01BTC10

vip

Activity: 756

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Quote from: marcovaldo on September 01, 2013, 05:57:15 AM

Quote from: Welsh on September 01, 2013, 05:54:31 AM

Actually, that phone has been listed about 4 times. From a different user each time. If you bid on it, you'll have a message "Would you like to buy this for 1BTC" each time. Then when the auction finishes, it will be listed again. Every time this has happened, the account has had bad feedback stating they wanted the coins first. (The pictures can be found on google also).

So, I guess the buyers realised and made a massive bid to stop others bidding. The top bidder is probably on a new account.

Why the buyers would do that and not buy it now at the price asked by the seller (around 1 btc).
I don't understand it.

To block what he think is a scam attempt. The seller is trying to bypass the escrow system by asking the buyer to send the BTC directly to him before he ship.

marcovaldo

sr. member

Activity: 350

Merit: 250

Quote from: Welsh on September 01, 2013, 05:54:31 AM

Actually, that phone has been listed about 4 times. From a different user each time. If you bid on it, you'll have a message "Would you like to buy this for 1BTC" each time. Then when the auction finishes, it will be listed again. Every time this has happened, the account has had bad feedback stating they wanted the coins first. (The pictures can be found on google also).

So, I guess the buyers realised and made a massive bid to stop others bidding. The top bidder is probably on a new account.

Why the buyers would do that and not buy it now at the price asked by the seller (around 1 btc).
I don't understand it.

zwanzig20

member

Activity: 98

Merit: 10

Quote from: b!z on September 01, 2013, 01:13:19 AM

If you take a time machine and go back a few years, 1000000 BTC would be a great price for an iPhone 5.

I would put the BTC on a USB and take it back with me Wink

Welsh

staff

Activity: 3304

Merit: 4115

Actually, that phone has been listed about 4 times. From a different user each time. If you bid on it, you'll have a message "Would you like to buy this for 1BTC" each time. Then when the auction finishes, it will be listed again. Every time this has happened, the account has had bad feedback stating they wanted the coins first. (The pictures can be found on google also).

So, I guess the buyers realised and made a massive bid to stop others bidding. The top bidder is probably on a new account.

b!z

legendary

Activity: 1582

Merit: 1010

If you take a time machine and go back a few years, 1000000 BTC would be a great price for an iPhone 5.

Topic: iPhone for 1000000 BTC (Read 1371 times)