Re: Methods for security when selling online for BTC

I sell quite a bit online for BTC and have seen some of the discussions on here but want to make sure I am updated on the best ways to keep on the level when selling. Most of the time I sell smaller things and since I have a contract with several delivery companies I can send all my stuff for free. I am now selling larger things, mostly right now I have been selling my tactical crossbows along with tons of accessories for 5BTC, sold 4 out of 10 so far but I will be selling larger including large edgeless TVs and used cars. I just wanted opinions on the best ways to sell larger items to make sure both sides are feeling comfortable. With the Crossbows, not to much security goes into it as they just send the bitcoin, send an email with their information and I send it, they get it a week later, 2 if they want something more and that is it. With the cars and tvs however might be a bit different. If anyone can share a few pointers on how they would handle it please let me know as it would be of help.

Also, I have started helping with "referrals" on a survival info site and been getting a few bitcoins here and there so if you interested in that I can send you information.

1. Deliver the product in a timely fashion when you are paid.

2. Build trust.

3. Offer on escrow with good guys off of here who you know would cost them more in their rep to fuck you over than they would financially gain from running off with the funds. (SaltySpitoon is who I would trust. The dude is a A+ guy)

For large transactions that might be worth wacking you in the head over you should put some funds in escrow or at the very least have them sign a address with the number of coins it would take to buy the product. Meet in a nice public place, so you can yell "rape" if they pull some funny shit. Grin

Selling cars sucks donkey dick in general IMO. I got one I need to sell atm.

Honestly, I prefer to do large trades for BTC over cash by far and away. Big problem with cash is what if the person has their buddy around the corner to rob you once they drive off with the new bought car. In other words someone knows you have a good size chunk of change on you. With BTC you can have the payment sent to a paperwallet that is sitting locked up safely in your Safety Deposit box (or where ever.)

I think 1 and 2 would be very difficult to do without first getting people to trust you without any reputation. This is really a conundrum because it is difficult to get people to trust you without you having prior successful trades, but it is hard to get a successful trade without people trusting you.

Free samples... duh! Didn't you browse the SR Cheesy

I think free samples would be very costly. It would also open you up to potential scams (people ordering multiple free samples from you).

For example the silver shot I had for sale.

I could mail a piece of shot with a stamp for about 30 cents and each person that verifies it is just another notch under the belt.

What would prevent you from scamming (meaning accepting payment and not sending the product) once someone wants to buy a larger quantity? Don't you think that buyers would see through what is essentially purchased feedback?

I of course can't speak for all BTC vendors, but from what I've seen 99% of customers scale up business slowly.

First the order a small package to make sure that it is what it is.

Then they order a little bit more just to double check and then they place a good order.

This is a good way to go for the customer and everyone should do this even with the largest companies IMO.

Orders are generally not based on supply like this, they are based on demand. If a customer wants to buy 1 BTC worth of product, he will not wait until enough people have bought .87 BTC worth of product from you, they will either trust you and buy from you right away or will buy from someone else they trust.