Localbitcoins - seller hasn't logged in for 4 days, what should I do?

Brad_BCK

newbie

Activity: 42

Merit: 0

Quote from: zhinkk on July 21, 2014, 10:11:27 AM

Maybe I'm being a little impatient, but I did a cash by mail order (basically putting money in an envelope and mailing to trader on localbitcoins) with a user named "FreshCoinz". I mailed cash on 7/15/2014. The seller said he would release funds as soon as he got my USD, and told me to close escrow because it increases his average escrow time. Normally, I would have denied this because that's just a silly risk to take.

However, the user "FreshCoinz" assured me that he was very reputable and risking everything over the $70 I mailed him was silly. I checked his profile, and he was right. He had over 100+ confirmed trade with 100% feedback score and trade volume of 25 to 150 BTC. That's pretty damn good. So I closed escrow and waited. And waiiited. So far, user hasn't been on for about 4 days. That's odd. All of his feed back stated he was very fast and all of his trades. So I doubt he's run off with my money (or has he...?). Is he just busy with real life things? I feel like he should sign in and update me at least, no?

Here is his profile: https://localbitcoins.com/accounts/profile/FreshCoinz/

That's why I use exchanges only.

efreeti

full member

Activity: 350

Merit: 104

Quote from: doggieTattoo on July 27, 2014, 11:55:50 PM

With that being said it is very possible for a LBC seller to pad their trust rating as there is no real way for LBC to verify that face to face transactions actually took place.

Not as easy and cheap as you would think. Only confirmed trades are counted, and if the trade is too small, it will show.

doggieTattoo

full member

Activity: 209

Merit: 100

Quote from: zhinkk on July 26, 2014, 11:27:24 PM

Quote from: ?? on ??

I think you're scammed and he might never come on-line, how can you trust an unknown person, all the trust or reputation he said to have gained could have been him trading with alt accounts and increasing his rating just to do this. You didn't use escrow and you send money in mail, so you cannot claim anything, you basically gifted him that money and you're not getting any bitcoins or your money back.

Do you guys ever even read the posts? Or are you just posting to increase your signature campaign post count? He paid me. He logged on. All of his trust is VALID from REAL accounts (or else it would not be displayed under high volume trades. localbitcoins is not stupid).

I think a lot of the PD members are just posting to increase their post count.

With that being said it is very possible for a LBC seller to pad their trust rating as there is no real way for LBC to verify that face to face transactions actually took place.

cinder

full member

Activity: 153

Merit: 100

Quote from: zhinkk on July 26, 2014, 11:27:24 PM

Quote from: ?? on ??

I think you're scammed and he might never come on-line, how can you trust an unknown person, all the trust or reputation he said to have gained could have been him trading with alt accounts and increasing his rating just to do this. You didn't use escrow and you send money in mail, so you cannot claim anything, you basically gifted him that money and you're not getting any bitcoins or your money back.

Do you guys ever even read the posts? Or are you just posting to increase your signature campaign post count? He paid me. He logged on. All of his trust is VALID from REAL accounts (or else it would not be displayed under high volume trades. localbitcoins is not stupid).

They are posting for their signature ad without even bother to read your posts.

zhinkk

sr. member

Activity: 266

Merit: 250

Quote from: ?? on ??

I think you're scammed and he might never come on-line, how can you trust an unknown person, all the trust or reputation he said to have gained could have been him trading with alt accounts and increasing his rating just to do this. You didn't use escrow and you send money in mail, so you cannot claim anything, you basically gifted him that money and you're not getting any bitcoins or your money back.

Do you guys ever even read the posts? Or are you just posting to increase your signature campaign post count? He paid me. He logged on. All of his trust is VALID from REAL accounts (or else it would not be displayed under high volume trades. localbitcoins is not stupid).

zhinkk

sr. member

Activity: 266

Merit: 250

Quote from: Harley997 on July 21, 2014, 11:10:01 PM

Quote from: zhinkk on July 21, 2014, 12:37:55 PM

Well I guess I should have waited one more day before posting this thread, the bitcoins arrived!

I am glad that you were able to receive your bitcoin, however it sounds like you took a lot of risks by mailing cash. If you were to ignore the fact that the seller could have easily scammed you, a number of people could easily have stolen the cash from the envelope, or the "letter" could have easily gotten lost in the postal system.

Well I took a few precautions. First, I made sure the trader was very very trusted. Secondly, I made my envelope seem like any other letter. The cash was not visible from the outside. I don't think anybody has any reason to open a standard looking envelope. Thirdly, lost letters are not very common in USPS. My mom mails 600+ a month as part of a organization and has not had one lost letter. But true, those are all possible points of failure in my operation.

TrailingComet

sr. member

Activity: 462

Merit: 250

I think you have been had by a scamster
How reliable are the ratings on localbitcoin? Can be gamed I would wager

ruggedman_dan

legendary

Activity: 1012

Merit: 1000

We on P. Sherman 42 Wallaby Way, Sydney

Still waiting on that promo code to send cash via WU for a buck.

Fioraver

full member

Activity: 472

Merit: 100

Gamblica Pre-Sale launch 01.03.2018!

Does the seller did not even leave a contact? This really is not reliable

madken7777

full member

Activity: 182

Merit: 100

Quote from: ruggedman_dan on July 21, 2014, 10:28:54 AM

Quote from: paceta on July 21, 2014, 10:23:22 AM

Did he proofed you that this is really his profile ?

Honestly sending money over postal way is really dump why you did not use westernunion ? it cost 1$

Western Union costs $1? To where? Your next door neighbor?

Like to know how to send cash with 1 dollar fee also.

Harley997

sr. member

Activity: 266

Merit: 250

Quote from: zhinkk on July 21, 2014, 12:37:55 PM

Well I guess I should have waited one more day before posting this thread, the bitcoins arrived!

I am glad that you were able to receive your bitcoin, however it sounds like you took a lot of risks by mailing cash. If you were to ignore the fact that the seller could have easily scammed you, a number of people could easily have stolen the cash from the envelope, or the "letter" could have easily gotten lost in the postal system.

zhinkk

sr. member

Activity: 266

Merit: 250

Well I guess I should have waited one more day before posting this thread, the bitcoins arrived!

zhinkk

sr. member

Activity: 266

Merit: 250

Quote from: paceta on July 21, 2014, 10:23:22 AM

Did he proofed you that this is really his profile ?

Honestly sending money over postal way is really dump why you did not use westernunion ? it cost 1$

Yes, that his really his profile.

ruggedman_dan

legendary

Activity: 1012

Merit: 1000

We on P. Sherman 42 Wallaby Way, Sydney

Quote from: paceta on July 21, 2014, 10:23:22 AM

Did he proofed you that this is really his profile ?

Honestly sending money over postal way is really dump why you did not use westernunion ? it cost 1$

Western Union costs $1? To where? Your next door neighbor?

paceta

member

Activity: 84

Merit: 10

Did he proofed you that this is really his profile ?

Honestly sending money over postal way is really dump why you did not use westernunion ? it cost 1$

zhinkk

sr. member

Activity: 266

Merit: 250

Maybe I'm being a little impatient, but I did a cash by mail order (basically putting money in an envelope and mailing to trader on localbitcoins) with a user named "FreshCoinz". I mailed cash on 7/15/2014. The seller said he would release funds as soon as he got my USD, and told me to close escrow because it increases his average escrow time. Normally, I would have denied this because that's just a silly risk to take.

However, the user "FreshCoinz" assured me that he was very reputable and risking everything over the $70 I mailed him was silly. I checked his profile, and he was right. He had over 100+ confirmed trade with 100% feedback score and trade volume of 25 to 150 BTC. That's pretty damn good. So I closed escrow and waited. And waiiited. So far, user hasn't been on for about 4 days. That's odd. All of his feed back stated he was very fast and all of his trades. So I doubt he's run off with my money (or has he...?). Is he just busy with real life things? I feel like he should sign in and update me at least, no?

Here is his profile: https://localbitcoins.com/accounts/profile/FreshCoinz/

Topic: Localbitcoins - seller hasn't logged in for 4 days, what should I do? (Read 1307 times)