• Quick note - the problem with Youtube videos not embedding on the forum appears to have been fixed, thanks to ZiprHead. If you do still see problems let me know.

Merged Bitcoin - Part 3

psionl0 said:
That is unbelievably ignorant!

A scammer might be able to deny receiving some property but they can't deny receiving crypto (unless you use something like Monero).
Click to expand...

That's not the problem. The problem is collecting it. Let's say you know exactly who it is that received it in crypto. How do you get it back?
 
gnome said:
That's not the problem. The problem is collecting it. Let's say you know exactly who it is that received it in crypto. How do you get it back?
Click to expand...
Why are you constantly arguing in circles? How many times do I have to tell you that it depends on how the legal system deals with crypto compared with other assets/property?

Where property could be recovered from the scammer, the legal system would generally order its return. If the scammer fails to comply with such an order, the legal system would generally have remedies for that situation depending on whether the property could be forcibly removed from the scammer or not.
 
psionl0 said:
That is unbelievably ignorant!

A scammer might be able to deny receiving some property but they can't deny receiving crypto (unless you use something like Monero).
Click to expand...

Yes they can. All you see is the money being transferred to a wallet, which is just a number in the blockchain. How are you going to prove that the scammer owns the wallet if they don't admit it?
 
jeremyp said:
That's what I am saying: your successful rebuttals never happened.
Click to expand...
No it isn't. You are saying that you never examined any of my posts that dealt with this special pleading.

You might think that you are the first person ever to claim that gold gets its price from its use in jewellery or electronics but you are 13 years too late on that claim.

jeremyp said:
Yes they can. All you see is the money being transferred to a wallet, which is just a number in the blockchain. How are you going to prove that the scammer owns the wallet if they don't admit it?
Click to expand...
GOTO 3745
 
Last edited:
psionl0 said:
If I give you a wallet number to deposit crypto into then there is a record associating me with that wallet.
Click to expand...

That's fine as long as the pseudonym "psionl0" can be connected through other means to a real, specific individual.

If not, then guess what?
 
Checkmite said:
That's fine as long as the pseudonym "psionl0" can be connected through other means to a real, specific individual.

If not, then guess what?
Click to expand...
This debate has literally occurred just a few posts above yours.

Why would you want to send money (in any form) to somebody you can't identify? You are just begging to be scammed if you do.
 
Last edited:
If someone steals your coins,, dont you basically have convince the entire chain to roll back the transaction? Hasn't something like this happened in the past?

Isn't that why etherium classic exists? Because it couldn't be agreed which branch of the fork was the real one and it split into two different 'currencies'?
 
MarkCorrigan said:
If someone steals your coins,, dont you basically have convince the entire chain to roll back the transaction? Hasn't something like this happened in the past?

Isn't that why etherium classic exists? Because it couldn't be agreed which branch of the fork was the real one and it split into two different 'currencies'?
Click to expand...

AFAIK if someone steals your coins, they are gone, until you steal them back. I never heard about any rollback.
 
MarkCorrigan said:
If someone steals your coins,, dont you basically have convince the entire chain to roll back the transaction?
Click to expand...
There are no roll backs with btc (beyond 1 or 2 blocks if you have the processing power).

The only way for somebody to steal your coins is to transfer coins from your wallet to another wallet and for that they would need your wallet's private key (which is why you don't leave your wallet unencrypted for all to see).

Unless you can persuade the stealer to return the coins, they are gone.
 
Last edited:
so not only are scammers pretty well protected but you have to worry about what happens if there's a mistake in a transaction, in either the address or the amount. if you can even figure out who owns the wallet you mistakenly sent it to. and then there's wallets that can no longer be accessed.

one thing at least right now you can pretty much count on is if someone is trying to do any kind of transaction with you using crypto they're pretty likely trying to scam you. in a way it is it's own red flag.
 
dirtywick said:
so not only are scammers pretty well protected but you have to worry about what happens if there's a mistake in a transaction, in either the address or the amount. if you can even figure out who owns the wallet you mistakenly sent it to. and then there's wallets that can no longer be accessed.

one thing at least right now you can pretty much count on is if someone is trying to do any kind of transaction with you using crypto they're pretty likely trying to scam you. in a way it is it's own red flag.
Click to expand...
That is a total non sequitur.

There is no difference between transferring coins from one wallet to another and making a transfer from a bank account to an overseas bank account. In either case, there is no reversing the transaction.

This can be an advantage - especially for a seller. Many a pay pal or credit card transaction has been reversed because a buyer falsely claimed that they had been scammed.
 
that’s not true. the transactions can be reversed or the payment stopped. particularly if it was sent by mistake.
 
You must log in or register to reply here.

Back
Top Bottom