Quote from: Money Boy on January 02, 2014, 01:59:02 PM

Quote from: Dogtanian on January 02, 2014, 01:37:27 PM

Quote from: Money Boy on January 02, 2014, 01:31:22 PM

Quote from: Dogtanian on January 02, 2014, 01:18:41 PM

Quote from: Money Boy on January 02, 2014, 01:13:54 PM

Quote from: Lucky Cris on January 02, 2014, 01:05:03 PM

Quote from: Dogtanian on January 02, 2014, 12:52:35 PM

I think its pretty safe. I don't think bank transfers are reversible.

WRONG! Yes, they are.

OP, if they're making a "cash" deposit into your account, how could one, to include the bank, tell whether the cash was obtained illegally? The safest bet is to have the buyer physically go to your bank and make a cash deposit. I wouldn't trust wires or transfers of any kind.

For example if someone were using obtain the ransom obtain from kidnapping and somehow police found out part of the money been moved into my account. I might be thinking too much but i just plan to play safe..

What kind of people are you going to be dealing with? lol. Any money you ever hold could be stolen money.

Quote from: Dogtanian on January 02, 2014, 01:18:41 PM

Quote from: Money Boy on January 02, 2014, 01:13:54 PM

Quote from: Lucky Cris on January 02, 2014, 01:05:03 PM

Quote from: Dogtanian on January 02, 2014, 12:52:35 PM

I think its pretty safe. I don't think bank transfers are reversible.

WRONG! Yes, they are.

OP, if they're making a "cash" deposit into your account, how could one, to include the bank, tell whether the cash was obtained illegally? The safest bet is to have the buyer physically go to your bank and make a cash deposit. I wouldn't trust wires or transfers of any kind.

For example if someone were using obtain the ransom obtain from kidnapping and somehow police found out part of the money been moved into my account. I might be thinking too much but i just plan to play safe..

What kind of people are you going to be dealing with? lol. Any money you ever hold could be stolen money.

I am planning to sell / buy btc at localbitcoins . My curent plan is to do my homework now before it is too late Grin

Due to my understanding I might get myself in great trouble if I dint done enuf reasearch before engage in bitcoin trading.

My concern now if I ever come across such cases, therefore how should i react. Prevention method?How to mitigate my risk?

You can't really. I think best bet is to not worry, or if you can't stop worrying or being uncomfortable, maybe trading bitcoin isnt for you.

After reading few cases of bitcoin fraud and scam. I found out that there is a need for me to do case study and go through all the method that can be used. I do plan to continue buy and sell at local or through exchange.I am totally agree with you that i am worry too much. But no harm if i list out all the risk i might facing and draft my contingency plan.

Okay, I'm curious now. You must be making some mighty big deals. And if that's the case, I think I'd be more worried about getting jacked or some shit!