Secured Bitcoins | Bitcointalksearch.org

Amph

legendary

Activity: 3248

Merit: 1070

Quote from: dumada on December 23, 2015, 04:49:34 AM

Quote from: Amph on December 23, 2015, 02:49:14 AM

use only known escrow, because i know in the altcoin era, there were newbie who where offering escrow through another friends, which may appear trustworth at first(because betetr rank and some trust maybe), but they were together there to scam you

How do we define the trusted escrew? How long should they on the market to be trusted? All the escrow service start from 0.

use this https://bitcointalksearch.org/topic/bitcointalk-escrows-trade-safely-855778

Moneyburner

member

Activity: 112

Merit: 10

Escrow or in person. When dealing with decentralized currency that's just one of the trade-offs that has to happen

siameze

legendary

Activity: 1064

Merit: 1000

Quote from: cryptoclone.com on December 23, 2015, 06:16:25 AM

If you are exchanging altcoin the answer is simple. Do not trade with people, trade at an exchange. It is a much faster and efficient way of trading as well as eliminating the risk of being scammed.

Have you seen the amount of exchanges that have exit scammed over the past few years? This is faulty logic. otc and p2p trades work just fine when you use your head for something other than to weigh your body down.

Escrow is cheap and/or free here. Over time I have built up some good contacts that I feel completely comfortable trading with.

achow101

staff

Activity: 3458

Merit: 6793

Just writing some code

Quote from: dumada on December 23, 2015, 04:49:34 AM

Quote from: Amph on December 23, 2015, 02:49:14 AM

use only known escrow, because i know in the altcoin era, there were newbie who where offering escrow through another friends, which may appear trustworth at first(because betetr rank and some trust maybe), but they were together there to scam you

How do we define the trusted escrew? How long should they on the market to be trusted? All the escrow service start from 0.

There is a list of trusted escrows that are trusted because they have done many trades in the past and have good feedback from those trades.

cryptoclone.com

newbie

Activity: 30

Merit: 0

If you are exchanging altcoin the answer is simple. Do not trade with people, trade at an exchange. It is a much faster and efficient way of trading as well as eliminating the risk of being scammed.

dumada

full member

Activity: 154

Merit: 100

Quote from: Amph on December 23, 2015, 02:49:14 AM

use only known escrow, because i know in the altcoin era, there were newbie who where offering escrow through another friends, which may appear trustworth at first(because betetr rank and some trust maybe), but they were together there to scam you

How do we define the trusted escrew? How long should they on the market to be trusted? All the escrow service start from 0.

Amph

legendary

Activity: 3248

Merit: 1070

use only known escrow, because i know in the altcoin era, there were newbie who where offering escrow through another friends, which may appear trustworth at first(because betetr rank and some trust maybe), but they were together there to scam you

randy8777

legendary

Activity: 896

Merit: 1000

no matter how trusted some one may look, it's better to use an escrow if you feel that it is better for you. that way you avoid the risk of being scammed. better safe than sorry.

HeroCat

hero member

Activity: 658

Merit: 500

You can send your BTC first, if amount is small or use escrow service if BTC amount is larger Wink

Slark

legendary

Activity: 1862

Merit: 1004

Quote from: humptycurrency on December 22, 2015, 07:45:50 AM

How can we secure bitcoin exchanges between newbies because they both are not gonna trust with each other, how can they build up trusts?

The only way is to use third party as a middleman - or as we call it escrow. There is no other way to secure conduct trades where both parties are unknown.

If you think you trading partner is Trustworthy enough you can always try to go first, but don't do that ever if you are dealing with newbie account.

~Bitcoin~

legendary

Activity: 994

Merit: 1000

Yes use escrow you will find lots of trusted escrow service provider in this forum here https://bitcointalksearch.org/topic/bitcointalk-escrows-trade-safely-855778
If you gonna use non reversible type of payment processor than using localbitcoins would be fine.

Parazyd

hero member

Activity: 812

Merit: 587

Space Lord

The best and most secure way is using escrow. You can find many members (including me) doing it for free or a small fee.

humptycurrency

member

Activity: 60

Merit: 10

How can we secure bitcoin exchanges between newbies because they both are not gonna trust with each other, how can they build up trusts?

Topic: Secured Bitcoins (Read 1022 times)