Silk Road forums

Market => Rumor mill => Topic started by: freefyte1 on March 05, 2012, 12:08 am

Title: BTC King... Honest seller? READ THIS!
Post by: freefyte1 on March 05, 2012, 12:08 am
Ok, I just so happened to need 50 dollars in btc, USD.  I went to btcking, thinking that he was legitimate.  He CANCELLED my order of 50.00, and then started messaging me.

This is the conversation that followed..

from   message   freshness   

BTCKing   subject
Hello, please reorder to confirm that out of the requested $50...You will receive 4 in BTC after fees...   6 hours   read
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freefyte   re: subject
Ok, market high right now is 4.8 There's NO WAY that I'll only get 4 btc for 55 dollars. That's insane! I should at the LEAST get 10 btc for 55 dollars, and, I was going to include your 10%, which is 5 dollars, but this seems very shady of you, so forget about it.   6 hours   read
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BTCKing   re: subject
Thank You....Click my name for details and fees......Min $10 fee and $6 deposit fee......   5 hours   read
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freefyte   re: subject
Well listen, if you took $16 from the 50 dollars I give you, that would leave me with 34.00 in btc, so I would still receive around 8 coins. Please explain why you think you'd only give me 4 coins for 50 or 55 bucks. Because that is not right.    26 minutes   read
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BTCKing   re: subject
$50 less our 10% fee,$10[min charge]...less $6 deposit fee = $34 = 6.73 BTC...Currently $5.05/BTC..   23 minutes   read
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freefyte   re: subject
Ok, then why did you tell me to only expect 4 btc in the beginning? Will you send me 6.73 now, if I send you 50 dollars?   12 minutes   read
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BTCKing   re: subject
BTC rates changing all the time...If the rate stays the same yes, if not more or less...   10 minutes   read
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freefyte   re: subject
Come on man, I watch the btc rates every day of my life. I know for a fact that btc's did not go up to $12.50 earlier today, point blank period. You and I both know that this was just a case of 'get 50 bucks real quick from a newbie'. And that, btcking, is not good business. But, for now, if you'll be fair and honest with me, you'll have a lifelong btc buyer. I'm still willing to send you my cash, if you're willing to treat me fair. Deal?   2 minutes   unread
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It should be clear from this conversation that "the king" is only a petty thief.
Why would someone send 4 btc for $50USD? When he was caught in the act, he THEN wants to act like it is the fault of fluctuating BitCoin rates.  Even at 5.05 btc (which the market is currently at 4.89btc) I still should have received after his outrageous fees, nearly 7btc.
Obviously he was going to take advantage of a buyer because their status is "newbie".

Would I be wrong from letting others know how displeased I am with his business practices?
Am I wrong for wanting a fair trade price?

I was even sending him an additional $5, to make it $55,  for his fees. All I wanted was 9btc, that is $44.01 at $4.89/btc. This was before I knew about his $16 minimum for ANY transaction. Is there no established seller that will do btc  trades for under $100??  I don't think him earning $11 USD for a transaction of 9btc for $55 is a bad days work. Anything more is highway robbery!

It's not that I mind paying for someone to help me on here, but I simply want a seller to give me a fair trade and not give me 4btc (or $20) for $50 or $55 in USD!

Am I the crazy one??
Title: Re: BTC King... Honest seller? READ THIS!
Post by: b0lixtrader on March 05, 2012, 12:59 am
Sounds like he was trying to snag your money all right. Go with BTC Buddy dude. Find his review thread I made, he is the best.
Title: Re: BTC King... Honest seller? READ THIS!
Post by: cacoethes on March 05, 2012, 01:22 am
Yeah, I'm sure he's spending his time explaining his fee schedule to you just to *scam*  YOU  out of couple measly coins.

Go to a regular exchange instead of using a SR vendor if you don't like the fees.

Bitching about a legit vendor because you think he's charging too much is a waste of bandwitdth.  Sounds like he was trying to give decent customer service- and you're too miserly to see it.
Title: Re: BTC King... Honest seller? READ THIS!
Post by: freefyte1 on March 05, 2012, 04:11 am
Indeed everyone here is entitled to their own opinion, and I might actually buy from him, or I might not.  My point simply:
I want what I pay for, when I pay for it.

And thanks for the replies