elot:


See, initialize is just a troublesome person, he is one of my regular buyers and he is the only one that is always calling me out here, no stress anyway, the story is this:
He bought that said amount actually but we all know how blockchain is with their double spend palava, and immediately he paid, i sent him Bitcoin, but he called my attention to the transaction that it's showing double spent( which means that I must have sold that particular amount unknowingly) it's a very simple thing that when this occur, blockchain will hold the wallet and transaction may not be able to take place on such wallet until that excess amount that was overspent during their network issue is removed/reversed back to them,
We were both monitoring it through him because the wallet was held and I cannot use it , when I log in into it, it keeps rolling without showing any balance nor history, so it's not usable.
Then, I quickly created another wallet in other to continue business, and myself and Initialize has transacted several times after that, pending the success of the delayed transaction.
Until yesterday morning when he called to let me know that the transaction has been reversed and that I should send the BTC back with yielded profit, then I checked if I can access the balance on the wallet which was successful, but only to meet a $4 balance and all excess has been removed, and the last transaction on the wallet was the day that the thing happened, then, nothing else can be done than to refund him , but he said that I have made profits from his money that I should pay him by bitcoin, then I said to him that, there was no bitcoin in the wallet to be sold or funded, he started his normal call for group and Nairaland support,
I have no other way to proof to him than to send the wallet details to Tabbaz to see for himself if any reversal waa made to the wallet or if the wallet has been used after that day and Tabbaz checked and told us all that no reversal and no transaction occurred in the wallet.Had it been there was a reversal of coin back to the wallet, why won't I sell it to him?, but the balance was $4, NO REVERSAL, ONLY DOUBLE SPENT WAS REMOVED
I think that should settle the case, then I did the calculation with him back door, then refunded him immediately, though he still insist I should not Send back naira that he needs that value of coin, but I told him no reversal was made back to the wallet, therefore, there is no way I can send him Bitcoin. Fine, I maybe at fault by sending a double spend but not 100% my fault, if I didn't see such available as balance in my wallet, I won't sell,.
Issues like this has happened between many members here but they do settle it amicable without calling anybody out, but Initialize is found of calling me out and many pple here knows it in the group, that has been his ways anyway, am not surprised and few minutes after he must have regained himself back, he will call me back door to arrest situation and we always move on, this one is just one of those days and it's nothing serious to me because, I see it as a foretold attack .
Initialize remain my brother, I have refunded him his naira value without delay, so businesses continues.

Meanwhile, yesterday was so busy for me, had to complete a task that's why I could not come online to do this.
Thanks to u all for ur time
God bless
Elot

ladyF:


When i receive from paxful, i get some dollars more.

djlaqua91:


Put only what you can afford to lose. All na gamble.If i were you, i'd diversify my portfolio with 2-3 other promising Altcoins, with BTC taking the lion share of the investment

odimbannamdi:

The BTC market is a very volatile one and is difficult to predict. But it woul be better if your prospective investor is an IT-inclined person and not the regular business man we find at the market square.

i would recommend you start by showing him the increment in price of BTC in the past few months, and making him see the possibility of more growth in the coming months.

But, most importantly, you should also make him understand that there is also the possibility of a decline in price and that, as an investor, he would have to jopin u in bearing the risk.

Don't give him the ompression of a smooth and sweet ride all the way

OkwaIfugo:



what do you do when tsunami/crash occurs.
you might need to start checking out ethereum as well

agarawu23:
Please, I want to know who are bitcoin analyst and can predict the future of bitcoin here.

I have been convincing a businessman offline to invest in btc (through me) and watch it grow with the way btc is increasing its value.

I have given him a particular % I will gv back to him monthly on the investment.

My fear is; when will btc start dropping? make I no go loose.

Our aim is to keep the coin and sell out after appreciating.

And I don't want to risk using my money to pay if btc no appreciate

Btc value within just 5 month is alarming and I didn't see that coming, I for don put all my savings there and drink garri.

Any btc expert here?

rad8:
$2002.5 btc available at 415

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bigsecsyde:
Nice doing business with you and thanks to tabbaz for the escrow.

DavidHume:
$4000 bitcoin available at $415 soft rate contact me

Only serious buyer needed

scampy:
$3500 btc available at 415/$. Escrow is allowed.

rad8:
$1473 btc available @ 415

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anthonykezy:


@Elot, I have been following
Thank you.