It is hard to do meet up if you and the seller is very far from each other, especially overseas.
Escrow is a good way to make the deal secured and also make sure that the third party escrow is trusted and reputable person.
Escrow is good but it also has a risk of a low percentage.
the best deal is meet up so if you want to have it just find someone else near your place.
Topic: seller refuse to meetup to selll miners but accept escrow your thouhts? (Read 322 times)
April 13, 2018, 05:49:09 AM
March 14, 2018, 04:15:15 AM
Escrow is pretty much secure... I suggest you guys use Paxful.com to process your trades they have a nice system that enables you to chat real time
March 12, 2018, 11:20:18 PM
actually he gave me list of escrows to choose so that's a good sign but otherwise his offer is full of alarming signs not willing to provide all pictures, dont want to meetup, delete post from his thread etc etc.
He is cocky idiot or scam 2 options
Lol. I guess that gives the final verdict. It is good you have been able to detect that quickly anyway. All those actions from him sounds more like he is trying to clear any record of him, and bro, you should better find another alternative. Also, giving you a list of escrow from him puts your fund in serious jeopardy and it is not a trustable deal at all. He is probably a scammer and even if he is not, his action speaks otherwise.He is cocky idiot or scam 2 options
March 09, 2018, 01:37:44 AM
Hi I found one seller but he refuse to meet before I make escrow payment? He sell many miners for 45KEUR... ok maybe because of this amount but still you could meetup other place with less miners split order etc.
What do you think it's a scam? He allow to see product after escrow payment. and its not cash but BTC payment
What you are saying is a little bit confusing. But from the way I understood it, you said that you paid for a miner and according to seller, he won’t be able to deliver at the time you proposed but rather chose to extend it after accepting escrow. Uuhm…if that’s the issue and as long as the money remains in escrow and not in the hands of the seller, then there is no problem and it is no scam. Even if it turns out to scam, you can still take back your money in escrow. What do you think it's a scam? He allow to see product after escrow payment. and its not cash but BTC payment
The op's statement is not confusing at all and i understand it clearly so far. Maybe you just cant understand a proper english , thats why your having a hard time to deal with it?anyway back to the main topic.
The op did not pay at all rather he we would like to meet the seller to check the product but the seller refuses to it , rather the seller only wants an escrow but op is still doubting because he wouldnt know if the item is still in good condition or not.
if i were op i woudnt agree to this terms because this is a physical goods and not a digital item that you can just use no matter what is the status of the product. not unless your buying on a reputable and trusted shopping site.
March 09, 2018, 01:07:57 AM
Hi I found one seller but he refuse to meet before I make escrow payment? He sell many miners for 45KEUR... ok maybe because of this amount but still you could meetup other place with less miners split order etc.
What do you think it's a scam? He allow to see product after escrow payment. and its not cash but BTC payment
What you are saying is a little bit confusing. But from the way I understood it, you said that you paid for a miner and according to seller, he won’t be able to deliver at the time you proposed but rather chose to extend it after accepting escrow. Uuhm…if that’s the issue and as long as the money remains in escrow and not in the hands of the seller, then there is no problem and it is no scam. Even if it turns out to scam, you can still take back your money in escrow. What do you think it's a scam? He allow to see product after escrow payment. and its not cash but BTC payment
March 06, 2018, 11:48:18 AM
i think this is scam attempts and i personally will avoid this kind of sellers because in my view 45k euro is huge amount of money and if the seller really reputable i think they should not refuse to meet up because normally buyers don't want to get scam by them however i fear if you continue to bought some stuffs from them the description will not match and you get low quality goods
March 06, 2018, 10:53:16 AM
I think it's okay, because mining and even holding cryptocurrency is dangerous in most of countries. I would do the same in his place.
Why would the seller refuse to meetup so that the buyer can see the miners for real? The buyer has the right to see his miners if the location is near and can be visited. If you really like the miners and there's no other option but to follow the condition of seller just make sure you follow others suggestion of getting a very trustworthy person and does have business with you before or with the seller. Be careful there are too many tandem schemes that are existing to scam buyers. 
March 06, 2018, 04:07:17 AM
actually he gave me list of escrows to choose so that's a good sign but otherwise his offer is full of alarming signs not willing to provide all pictures, dont want to meetup, delete post from his thread etc etc.
He is cocky idiot or scam 2 options
Lol. I guess that gives the final verdict. It is good you have been able to detect that quickly anyway. All those actions from him sounds more like he is trying to clear any record of him, and bro, you should better find another alternative. Also, giving you a list of escrow from him puts your fund in serious jeopardy and it is not a trustable deal at all. He is probably a scammer and even if he is not, his action speaks otherwise. He is cocky idiot or scam 2 options
March 06, 2018, 04:05:07 AM
Hi I found one seller but he refuse to meet before I make escrow payment? He sell many miners for 45KEUR... ok maybe because of this amount but still you could meetup other place with less miners split order etc.
What do you think it's a scam? He allow to see product after escrow payment. and its not cash but BTC payment
You will need to be very careful and if he is using an escrow, just make sure you are both using a neutral escrow system or one from you. You will be on the high risk side of things if you end up with an escrow from his side as that can be easily planned. Escrow is good, but you have to take precautions and I am sure he may be trying to be safe as well as you, but thread cautiously. What do you think it's a scam? He allow to see product after escrow payment. and its not cash but BTC payment
March 06, 2018, 01:20:34 AM
Thats too risky, because you are dealing with a big money, so always becareful.
If you do a backround check to that person, and you think its is legit or trusted so theres nothing to worry about. But if its not, try to make an agreement, that you can assure that you will not get scam. Or find another one that is trusted or a business man.
If you do a backround check to that person, and you think its is legit or trusted so theres nothing to worry about. But if its not, try to make an agreement, that you can assure that you will not get scam. Or find another one that is trusted or a business man.
Why it is too risky while the seller willing to use escrow? He wont get scammed because the fund is safe at escrow, unless the escrow is not trusted person with no history of escrowing big amount of money.
Let me ask you, if you are on the seller side who are going to sell a thing with high price. Will you accept to meetup with buyers that you do not know before? I guess no, as it will be too risky for the seller as well. Here is the use of escrow, both parties feels comfortable to do the deal.
March 05, 2018, 11:47:02 PM
Hi I found one seller but he refuse to meet before I make escrow payment? He sell many miners for 45KEUR... ok maybe because of this amount but still you could meetup other place with less miners split order etc.
What do you think it's a scam? He allow to see product after escrow payment. and its not cash but BTC payment
When it comes to making any deal you need to be 100% sure of what you are buying, remember you are the client and the client is always right, if you are not even allowed to see the product before sending your money to an escrow then avoid the deal and never meet with that person, you never know what kind of scam they may try to pull on you and when we take into account that if you decide to liberate the payment thinking everything is OK and then you discover it was a scam all along then you will have no way to get that money back. What do you think it's a scam? He allow to see product after escrow payment. and its not cash but BTC payment
March 05, 2018, 07:10:01 AM
Thats too risky, because you are dealing with a big money, so always becareful.
If you do a backround check to that person, and you think its is legit or trusted so theres nothing to worry about. But if its not, try to make an agreement, that you can assure that you will not get scam. Or find another one that is trusted or a business man.
If you do a backround check to that person, and you think its is legit or trusted so theres nothing to worry about. But if its not, try to make an agreement, that you can assure that you will not get scam. Or find another one that is trusted or a business man.
March 04, 2018, 01:22:57 PM
I think it's okay, because mining and even holding cryptocurrency is dangerous in most of countries. I would do the same in his place.
March 04, 2018, 12:57:23 PM
Hi I found one seller but he refuse to meet before I make escrow payment? He sell many miners for 45KEUR... ok maybe because of this amount but still you could meetup other place with less miners split order etc.
What do you think it's a scam? He allow to see product after escrow payment. and its not cash but BTC payment
What do you think it's a scam? He allow to see product after escrow payment. and its not cash but BTC payment
If it's an escrowed deal, make sure to find someone VERY reputable because I don't think you'll be dealing with small amounts of money. Even with an escrow, I would be a little iffy about the seller. If I were to spend that much money, I'd want to see the product before I make any payment. So, in this case, I would say not to go through with the deal just because if you're dealing with the amount of money that you say you are, it's not worth it to get scammed.
This is also my call. Get a trusted escrow here and you should be the one who chooses escrow. Several scenario's might happen (1) If he chooses his own escrows then the possibility of him and escrow colluding is there and even if its just a small amount they will likely pull a scam (2) payment in bitcoin is irreversible, so once you pay him without escrow then say goodbye to your bitcoin. If you guys doesn't meet in the middle then I might as well go and look for other options. IMHO.
If there is just no concrete agreement between the two to at least use an escrow probably on this forum with a high level of trust, then there is no point going ahead with such deal. Better to find another alternative like you said than risk that huge amount of money.
February 28, 2018, 01:36:07 PM
Try to find some other people who did business with them. Otherwise I would not do the deal for that amount of money.
Yeah, it is a huge amount of money and it would be crazy to just fall for any escrow bullshit. Firstly, an escrow from the seller itself puts the OP to a high disadvantage and I am not sure if the seller to if he is genuine may want to make use of an escrow from the buyer's side.All the above, there are some platforms or even on this forum that an escrow can be liaised with for such transactions and the OP can tell the buyer to discuss. I would be very careful in this kind of dealing though.
February 26, 2018, 07:26:40 PM
My take on this is that probably he refused to meetup because the miners are damaged and you might probably notice when you are testing it together.
The seller isn't stupid (at least I hope not) to just blindly buy something holding a lot value. Buyer can demand to have the hardware be tested by the escrow, or buy it and test it himself while the escrow doesn't release the funds.If the miners are working as they should, then buyer signals the escrow that he can release the funds, and the deal is successfully completed. It's not difficult at all. If the sellers still disagrees, then just skip the deal entirely.
In that case the seller is likely a shady person. If the seller agrees, then he is just looking to maintain his privacy, which we should respect. These kind of deals happen on this forum as well, so it's nothing new at all.
February 26, 2018, 06:50:04 PM
Even if he used Escrow which may stand as been genuine and reliable but him refusing to meet face to face is a bit question considering that what he intend to sell need to be tested. If its just bitcoin selling, then only trusted escrow will be just fine. My take on this is that probably he refused to meetup because the miners are damaged and you might probably notice when you are testing it together. OP, if you are still having a double mind about this, find another seller.
February 26, 2018, 03:58:06 PM
Maybe the seller want's to private his personality. Its good for you both to hire a trusted escrow just to make sure you're money will not lose. But I see no reason why the seller doesn't wan't to show up his face it turns me up to curiosity.
You somewhat answered your own question. If we dig a bit deeper into why people wouldn't want to deal with random people, then it's safe to say that it's done to maintain a non crypto profile for the outside world. I would trade in this exact same fashion as well. In fact, I have sold coins through a proxy to someone who was in need of Bitcoin that wanted to pay a fair premium. The main point is that as long as the escrow (ie, proxy) is a reputable party that both the buyer and seller agree with, it's not a problem at all. In this case the escrow could even test if everything works properly.
Yeah. I'd never do a face to face, especially as a seller. There's nothing wrong with wanting to keep as much of your privacy as possible - in fact, there's everything right with that. Not to mention personal security. We're talking about a lot of money and very specific, very expensive equipment here. I'm pretty laid back when it comes to my physical identity in relation to crypto, but then I'm not dealing with this kind of financial and monetary risks...
As pointed out rather creatively a few posts above, (a solid) escrow is really all you need. Protects both parties' interests and ensures both sides get what they want without much fuss.
February 26, 2018, 11:12:36 AM
Hi I found one seller but he refuse to meet before I make escrow payment? He sell many miners for 45KEUR... ok maybe because of this amount but still you could meetup other place with less miners split order etc.
What do you think it's a scam? He allow to see product after escrow payment. and its not cash but BTC payment
If the seller is residing only near into your place then its quiet odd that he wont agree on the terms of meet up yet you are just residing near each other which means if he wont meet up then its suspicious.Meeting up is the safest way for me on making transactions specially when we are already transacting big amounts. Its good to see the item first before paying out. If escrowed funds then always go for the reputable escrows into this forum.What do you think it's a scam? He allow to see product after escrow payment. and its not cash but BTC payment
February 26, 2018, 11:05:42 AM
Maybe the seller want's to private his personality. Its good for you both to hire a trusted escrow just to make sure you're money will not lose. But I see no reason why the seller doesn't wan't to show up his face it turns me up to curiosity.
You somewhat answered your own question. If we dig a bit deeper into why people wouldn't want to deal with random people, then it's safe to say that it's done to maintain a non crypto profile for the outside world. I would trade in this exact same fashion as well. In fact, I have sold coins through a proxy to someone who was in need of Bitcoin that wanted to pay a fair premium. The main point is that as long as the escrow (ie, proxy) is a reputable party that both the buyer and seller agree with, it's not a problem at all. In this case the escrow could even test if everything works properly.
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