Topic: Prevention is better than a cure. Please escrow. (Read 241181 times)
Fine and ideally, 'Prevention is better than cure' is the wise saying which I strongly support on the issue of ESCROW. May I affirm at the same time that every business needs be done with adequate and extra ordinary caution, because 'He who failed to plan is definitely planning to fail'. On this forum, major and essential business/trading carried out is likely going to flaw or probably enter total loss without the use of Escrow.. Experience is the master teacher, it has occurred to me once where I out of patience PM an unknown agent and deal personally with him, I got all my coins swapped away just like that with nothing happened. Therefore, I thanked you so seriously coming out with this teachings and lesson that deals be done having Escrow as intermediary to play safe. Additionally, I also recommend well known and established Escrow, not minding the charges involved.
Thanks for sharing this information to us and enlightening us to be aware of scammer and internet thieves the use of escrow in transactions online will greatly reduce scams online
A third party being there will bring a level of confidence and trust thereby reducing scam
A third party being there will bring a level of confidence and trust thereby reducing scam
Thank you so much for your advise and update, well like we all know that alot is happening in the world especially in the social media, I don't think I will be wise for one to say that he or she trusts anyone on the social media, especially the once you don't even know talk less of knowing their location and you engage yourself with them in the business of crypto currency exchange without inviting escrow,who ever that does anything here on the social media without including the escrow are at his or her own risky and you will have no one to blame after,,so for me I will never advise anyone to have any transactions here without the help of escrow it's the best ever and very secure, for me I don't think there's anything that will make me not to involved escrow in all my transactions,..
Thank you so much for your update and advise as well,but I still need if you can still break it down for us the newbies so that we can understand it better and avoid being a victim of this scammers, because we the newbies are still finding it difficult to participate in this crypto currency transaction, please if you can enlightening us more and make it more easy for us to understand your point on how to go about it to avoid being a victim of the scammers please.. thank you once again..
Well said by OP, it is better to be safe than sorry!
These days, one can not tell who is what and who is capable of what and in this industry where pseudo-anonymousity is the order of the day, it is important to safeguard your asset and resources in the cause of any transaction.
People tend to appeal to your emotions and at the end of the day it becomes a goose chase. When it comes to money and transactions within this forum or another, ensure escrow is employed but you also have to be careful about whose escrow service is been used.
The escrow service must be trust worthy and reliable also as men have also taken that line of scam in the quest for making money.
These days, one can not tell who is what and who is capable of what and in this industry where pseudo-anonymousity is the order of the day, it is important to safeguard your asset and resources in the cause of any transaction.
People tend to appeal to your emotions and at the end of the day it becomes a goose chase. When it comes to money and transactions within this forum or another, ensure escrow is employed but you also have to be careful about whose escrow service is been used.
The escrow service must be trust worthy and reliable also as men have also taken that line of scam in the quest for making money.
Nitpick: Prevention is better than a cure.
Prevention is indeed better than cure.its always more effective and efficient to take proactive measures to prevent problems before they arise, rather than dealing with the consequences later.
Taking preventive actions can save us a lot from time, efforts,and resources in the long run.
Mad respect for raisin awareness about scams and all. If even a couple of people listen up and start usin' escrow, you've done a stellar job bro! 
Several folks have sent him BTC for miners and got nothing in return except for fake tracking numbers.
I'm going to "temporarily" leave a negative rating on YCTMatt, but if you're in contact with other buyers, tell them to create a thread on the "Scam Accusations" board and include all of the necessary information [e.g. I've seen one of them has included a Tx link, but there's no proof it belongs to the user in question] together with a "Trust flag", so we can support it. Mods need to do something about this ASAP.
Unfortunately, they can't do anything since such things aren't moderated in this forum:- 19. Possible (or real) scams and Trust ratings are not moderated (to prevent moderation abuse).
~Snipped~
Q: Why haven't you bannedwho is an obvious scammer?
A: Possible (or real, not for me to decide) scams are not moderated to prevent moderator abuse. If we start picking out which ones we call "scammers" and ban, we would make a lot of decisions based on biased opinions.
Hi Guys,
Be very careful of a new forum member on here named "YCTMatt". He has photos of some friend he has in China with miners, but is a scam. Several folks have sent him BTC for miners and got nothing in return except for fake tracking numbers. Mods need to do something about this ASAP. He also locks the thread so no one can respond in his thread. Buyer beware guys! Buyer Beware
Be very careful of a new forum member on here named "YCTMatt". He has photos of some friend he has in China with miners, but is a scam. Several folks have sent him BTC for miners and got nothing in return except for fake tracking numbers. Mods need to do something about this ASAP. He also locks the thread so no one can respond in his thread. Buyer beware guys! Buyer Beware
Yes. It is best to do this for the safety of funds
My business partner and I participated in Ethereum chain mining at CoinBase Wallet. In order to expand the market and provide better services to customers, CoinBase has to spend a lot of money to do this. I can get at least 1% compound interest every day through CoinBase Wallet
My business partner and I participated in Ethereum chain mining at CoinBase Wallet. In order to expand the market and provide better services to customers, CoinBase has to spend a lot of money to do this. I can get at least 1% compound interest every day through CoinBase Wallet
In my opinion an Escrow feature is on of the safest feature you can employ if you are trading with someone over a considerable distance you are not acquainted to. Escrow features have saved the day many times for me. A useful tip would be for you to research on how long the escrow platform has existed and if there have been any record of people getting compromised on that platform. Secondly, I would also recommend the escrow platform has an attach screenshot feature so that when transfers are made, proofs can be attached for all parties involved to see before digital assets are released.
Happy Trading!
Happy Trading!
Stickied. I've seen enough scams happening without the use of escrow. Also, escrows increase the amount of trust a seller/buyer conveys, and thus increase the possibility of sales for newer members.
I think there is a simple way around this with the market maturing. A couple of financial service providers now issue a Visa or Mastercard directly linked to your Bitcoin holding. I have one from ClariumCard.com which I use everywhere, and any pruchases I make reduce my bitcoin balance in real time. Eliminates falling prey to scammers who steal your coins.
Hey guys! I’m sorry if I posted wrongly.
The appropriate board is "Service Discussion".Does anyone bought something from this site or know anything about them https://rp9mining.com/ ? They have pretty good prices and I don’t know if they are legit or scam, haven’t found much about them.
I did a little digging and looks like they have fake reviews on their website + they're quite new on this field [I wouldn't trust them, stay away]...Quote
WHOIS search results
Domain Name: RP9MINING.COM
Registry Domain ID: 2413645759_DOMAIN_COM-VRSN
Registrar WHOIS Server: whois.ordertld.com
Registrar URL: http://www.ordertld.com
Updated Date: 2019-12-09T10:49:16Z
Creation Date: 2019-07-16T19:53:52Z
Registry Expiry Date: 2020-07-16T19:53:52Z
Domain Name: RP9MINING.COM
Registry Domain ID: 2413645759_DOMAIN_COM-VRSN
Registrar WHOIS Server: whois.ordertld.com
Registrar URL: http://www.ordertld.com
Updated Date: 2019-12-09T10:49:16Z
Creation Date: 2019-07-16T19:53:52Z
Registry Expiry Date: 2020-07-16T19:53:52Z
Here's a fake review prior to the creation date of their website: FusionSilicon X7+ fake review [December 25, 2017]
- I'm sure there's more...
Hey guys! I’m sorry if I posted wrongly.
Does anyone bought something from this site or know anything about them https://rp9mining.com/ ? They have pretty good prices and I don’t know if they are legit or scam, haven’t found much about them.
Does anyone bought something from this site or know anything about them https://rp9mining.com/ ? They have pretty good prices and I don’t know if they are legit or scam, haven’t found much about them.
Traders should also beware of people pretending to be someone else. Many people have been scammed because they traded with the wrong person, this is very common on Telegram now. Some pretend to be admins and ask you to send a token, most genuine admins would not ask for your tokens. Please let us be alert and trade carefully.
Good morning, I'm new here and I started buying mining recently, what do you recommend that I buy? I had a rare experience with a company that took me longer than normal to send my miners and I have now seen another one that seems very new, is redbag.io, what do you think? What do you recommend me?
I tried buying there, but payment methods do not work and they do not reply to mails. Don't waste your time there. Ensure it's a reliable escrow service, scammers has are getting smarter.
^This right here. I experienced this first hand with a fake escrow. Thankfully it was just a few dollars.
100% escrow. Totally safe and reliable, plus a ready made audit trail.
Our site https://fabric-direct.co.uk only uses sagepay, not even paypal anymore - too buggy with disputes taking ages to resolve.
Our site https://fabric-direct.co.uk only uses sagepay, not even paypal anymore - too buggy with disputes taking ages to resolve.
Good morning, I'm new here and I started buying mining recently, what do you recommend that I buy? I had a rare experience with a company that took me longer than normal to send my miners and I have now seen another one that seems very new, is redbag.io, what do you think? What do you recommend me?
There is another flood of conceivable tricksters, People who purchase up incredible records and exchange untill they have huge whole of cash at that point run, This has been finished with an extremely confided in record as o 
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