Post
Topic
Board Bitcoin Discussion
Re: PSA: Don't buy "Cold Storage" wallets off eBay
by
AtheistAKASaneBrain
on 20/09/2017, 15:08:52 UTC
http://www.ebay.com/itm/Bitcoin-Card-PVC-Plastic-Paper-Wallet-Durable-SAFE-and-SECURE-Cold-Storage/222557029319

When purchasing this, your private key should already be considered compromised. This is NOT cold storage, as the private key was generated by a means out of your control. While I have no proof that this seller is a scammer, they have all the power to be one, and by that virtue is being dishonest by claiming that these are secure.

If you want a real cold storage solution, refer to this guide.

Ebay and crypto don't mix up well. In general anything that involves Paypal and crypto it's a great way to get yourself scammed. A lot of people pay for their crypto stuff in eBay and then they get chargebacks and so on, this has been happening since I got involved in bitcoin back in 2013. There's people even selling fake QR codes that aren't even related to crypto. They literally print some QR codes and claim it's a bitcoin wallet or some altcoin and sell it to people. I mean that is a new all time low, these people have no shame and I don't know why they still keep doing this. eBay needs to improve their monitoring policies for crypto.