Bitcoin.

Hey so I'm getting alot of people add my Skype. And asking to buy alot of 07 @ one time, with zero reputation, I mean their willing to go first on order's up to 500m. Their payment method is bitcoin, If they go first I should be ok ? Not sold anyone with out any post's on sythe as of yet, So I mean But if I was to, Should I be cautious?.

Would be great if someone with knowledge of bitcoin transaction's could post some helpful information.

Thanks A++

 

Bitcoin is irreversible after at least 1 confirmation. Be cautious when trading however, even though it's irreversible it doesn't mean people cannot straight up scam you.

 

Bitcoin can't be charged back once sent I believe. If you're worried about getting scammed it might be worth looking into finding a middleman for your trades.

 

I was going to use a middleman anyway's but I mean, If I give the gp to a middleman, and the person in the middle isn't sending me the bitcoin from hes btc account, and the scammer decides to chargeback the btc then i'll loose the money period.

 

There is no such thing as a BTC getting charged back, so you're fine.

 

Thanks bro.

 

As previously mentioned by Gracious, you can't charge back BTC. At all.

 

But also remember that if it sounds like a scam, it's probably a scam. BTC is irreversible, but it's possible they have no intention of ever sending you the bitcoin, so the fact that BTC is irreversible has no practical meaning in that case. They might try to trick you by adding a fake middleman and getting you to trade the gold to them. Be careful, and always request a proper PM.

 

Thanks for the advice, I appreciate it alot. I'll defiantly use you're tips.

 

Don't give them the gp untill you received the payment either, they can fake screenshots showing that they send you the money.

 

Also watch out for imposters, I got few of those tryna scam me..