Ninjastic
Search content
Sort by
Showing 6 of 6 results by Bitcoiner88
Post
Topic
Board Trading Discussion
Re: Concerns regarding buying bitcoins offline(udercover cops) - What do you think?
by
Bitcoiner88
on 28/03/2014, 14:40:25 UTC
Quote from: Holliday on March 28, 2014, 02:32:18 PM
Quote from: seriouscoin on March 28, 2014, 02:22:18 PM
Quote from: Holliday on March 28, 2014, 02:19:30 PM
Don't sell to anyone who mentions anything illegal they would be doing with the coins and you are fine.

If the buyer is like, "Yeah, I'm gunna head over to the darknet and buy some stolen CC numbers as soon as I get my hands on these coins," Don't sell. Duh.

You could even make your buyer sign a bill of sale stating that they aren't going to do anything illegal with the coins. If they don't want to sign, don't sell.

A bill of sale is often used to protect the seller from various things (lawsuits, etc.). Maybe some intelligent lawyers could get together and create a "Bitcoin" bill of sale.

http://www.billofsale-form.com/blank-bill-of-sale-form/

Obviously, this harms anonymity, but it is an additional step required to protect yourself if you live in a place where silly crimes like "money laundering" can turn innocent people into criminals.



Actually just dont even ask the question. The Bill of sale is unnecessary.

Maybe it's unnecessary for you, but maybe it's necessary for someone else? That's the beauty of p2p, there are no set rules. Do what works for you. If you live in a fascist country that likes to try and trick it's law abiding citizens into doing something which has been declared illegal, you had better protect yourself.

Most definitely have to do that, even less rules apply there, i know it from first hand. It is a weird world anyway we live in but cool still.
Post
Topic
Board Trading Discussion
Re: Concerns regarding buying bitcoins offline(udercover cops) - What do you think?
by
Bitcoiner88
on 28/03/2014, 14:18:47 UTC
i am not retarded as someon implied here, i was just curious what the general bitcoin community thinks regarding that, that is all.

Great conversation going on as i see.
Post
Topic
Board Trading Discussion
Re: Concerns regarding buying bitcoins offline(udercover cops) - What do you think?
by
Bitcoiner88
on 28/03/2014, 14:05:53 UTC
Quote from: dunand on March 28, 2014, 02:04:13 PM
Why is it illegal to sell $5K of a commodity?

I am speechless as you are but strange things occur. I heard the other day some guy was held on airport just talking about bitcoins. WTF?
Post
Topic
Board Trading Discussion
Re: Concerns regarding buying bitcoins offline(udercover cops) - What do you think?
by
Bitcoiner88
on 28/03/2014, 13:58:49 UTC
I highly doubt when someone is undercover they need to say yes when you ask him if he is a cop haha but it would definitely be epic. I see undercover feds as the ones that can get away with such things and kinda sure they would say no to it. But i did not work in law enforcement carrer to know the details.

It definitely is something to think about since why would they do that, what is their agenda on that.
Post
Topic
Board Trading Discussion
Topic OP
Concerns regarding buying bitcoins offline(udercover cops) - What do you think?
by
Bitcoiner88
on 28/03/2014, 13:46:50 UTC
I was thinking to buy some bitcoins but i have few concerns since using Localbitcoin is i am not sure really the right way to go. I did hear from few friends which they warned me that feds are trying to use sites like that to catch people selling their bitcoin in $5K or more in person and then they would accuse you of laundering money. (i dont want to go into jail because of bitcoins)

What do you think about this things? I did hear some sort of stories occur in past. It might be an issue to be aware off or not?
Post
Topic
Board Altcoin Discussion
Re: What would a new coin need to overtake bitcoin
by
Bitcoiner88
on 15/03/2014, 12:05:55 UTC
You will not be able to overcome the bitcoin since bitcoin was first and usualy whoever is first and pioneering in something is always the one who they look up to.

But everything is possible in the long-term.