Re: PSA: Don't buy "Cold Storage" wallets off eBay

Quote from: fluxer555 on September 20, 2017, 03:02:35 PM

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.

Yes you are right, I dont like the Combo of Ebay and Crypto. Actually you need to select something that is transparent, honest and secure.
Similarly this is also going on with classifieds like Craiglists, Olx, and Quikr. Criaglists have tons of fake email accounts with fake telephone numbers too.
I will advice you that you dont use Bitcoin for Ebay,Craiglists or any other E-commerce site till that site is found to be honest and secure for doing bitcoin transactions.