Tips for local transactions - page 27.

Ernest1

newbie

Activity: 15

Merit: 0

Quote from: Stephen Gornick on April 06, 2015, 05:07:35 PM

Just wanted to share that there is a useful alternative to escrow available now ...
- http://BitRated.com

BitRated takes advantage of mutlisignature transactions such that buyer and seller will each have a key but also the individual from BitRated chosen for arbitration will receive a key as well. Two of the three keys are needed to spend the funds from the transaction.

Even if you aren't needing this type of transaction, it is still a good idea to register on BitRated and to build connections there (e.g., vouch for those who you've traded with and ask others who trust you to vouch for you). This could become a very useful tool for those doing face-to-face trading as well as online trading.

multi-signature transactions sound useful in some situations

Stephen Gornick

legendary

Activity: 2506

Merit: 1010

Just wanted to share that there is a useful alternative to escrow available now ...
- http://BitRated.com

BitRated takes advantage of mutlisignature transactions such that buyer and seller will each have a key but also the individual from BitRated chosen for arbitration will receive a key as well. Two of the three keys are needed to spend the funds from the transaction.

Even if you aren't needing this type of transaction, it is still a good idea to register on BitRated and to build connections there (e.g., vouch for those who you've traded with and ask others who trust you to vouch for you). This could become a very useful tool for those doing face-to-face trading as well as online trading.

Dotakels

sr. member

Activity: 490

Merit: 255

Quote from: 0mniscient on April 05, 2015, 01:37:33 PM

Quote from: TippingPoint on April 01, 2015, 02:02:43 AM

Most of these tips are precautions. Just try to buy and sell from someone who has a good reputation and wants to maintain it.

The only issue I have with following these tips is it encourages people to not go to new users...but for good reason. I just wish there were more people in my area selling/buying bitcoin

This tips are safety precautions . If you dont trust the new trader how they can trade? We must paying attention who have a good reputation but, also in the beginner's because all of traders that have good reputation are also begin to beginners so dont snob and pay attetion to new traders . And if they have a good offer? And you snob them? The opportunity will lost and they will not try again yo trade because theres no anyone that will get their attention.

0mniscient

newbie

Activity: 15

Merit: 0

Quote from: TippingPoint on April 01, 2015, 02:02:43 AM

Most of these tips are precautions. Just try to buy and sell from someone who has a good reputation and wants to maintain it.

The only issue I have with following these tips is it encourages people to not go to new users...but for good reason. I just wish there were more people in my area selling/buying bitcoin

kowwip

newbie

Activity: 28

Merit: 0

Thanks for great infor. Have a good day to all you here.

TippingPoint

legendary

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Merit: 1000

Most of these tips are precautions. Just try to buy and sell from someone who has a good reputation and wants to maintain it.

0mniscient

newbie

Activity: 15

Merit: 0

My biggest "fear" is getting scammed, in person and/or online. I'm sure escrow helps a lot but I haven't looked into escrow services to much.

Dotakels

sr. member

Activity: 490

Merit: 255

Good Tips. Doing this tips will avoid you from the scammers and this will help you to have a good transaction and sure buyer/seller.

bitcoinluv79

newbie

Activity: 25

Merit: 0

Quote from: Stephen Gornick on February 21, 2015, 07:56:26 AM

NYC firefighter kidnapped, robbed and stabbed by crypto thieves

- http://observer.com/2015/02/bitcoin-crime-wave-breaks-out-in-nyc

Holy shit, crypto thieves LOL. It really isn't funny what happened, but crypto thieves made me laugh

boopy265420

legendary

Activity: 1876

Merit: 1005

Your recommendations are appreciable but there are many other things too which can be quite helpful like to have someone with you or make a deal final in some pub or restaurant where a lot of people are around you. Any safety measure what you can take is best for you.

specgamer

sr. member

Activity: 252

Merit: 250

I love bitcoins.

Thanks, this is great. I will save this for my next transaction. Bittalk should have more posts like this, where it helps investors like us.

riptide

newbie

Activity: 43

Merit: 0

There are so many aspects to using Bitcoin safely. Its no wonder that it is taking so long for further acceptance of concurrency.

Bagatell

hero member

Activity: 722

Merit: 500

Quote from: Stephen Gornick on February 21, 2015, 07:56:26 AM

NYC firefighter kidnapped, robbed and stabbed by crypto thieves

Quote

He’s alive, well, and refusing comment.

He should have read this thread.

Stephen Gornick

legendary

Activity: 2506

Merit: 1010

NYC firefighter kidnapped, robbed and stabbed by crypto thieves

- http://observer.com/2015/02/bitcoin-crime-wave-breaks-out-in-nyc

CryptoRev

newbie

Activity: 16

Merit: 0

Info here is useful. will Surely help. Thanks!!

MarkCara

sr. member

Activity: 362

Merit: 250

MS & Adobe keys. [email protected]

I've always found a reputable exchanger when buying or selling btc, that's safe enough I think...

Work2Work

member

Activity: 78

Merit: 11

Awesome guide! Thanks for that, OP, it was very useful for me!

AwesomeTRADER

full member

Activity: 238

Merit: 250

Simply amazing. I referred my friend to this topic and he was completely satisfied. Thanks a lot for the wonderful goldmine of information

Andriotakis

newbie

Activity: 1

Merit: 0

Thats exactly what I was looking for, nice detailel job.

comeonbaby

newbie

Activity: 3

Merit: 0

Got it, thanks Wink

Topic: Tips for local transactions - page 27. (Read 839583 times)