a person is trying to get me to transfer 500.00 in bitcoin to an address. The address doesn't have any balance, known input, repeated input, tags, or website appearances, total received, last known ouptput, repeated output. To me this is fraudulent since there is no history of bitcoin activity with this individual. Am I being too paranoid.? thanks for your help. new here,lol


You can never understand someone's trustworthiness by looking at their balance history.

It's common to use a new address to receive a new transaction every time. This may be to make it harder for a customer to see another customer's balance or more importantly, understand who sent them money (for example, 2 people buy the same thing costing $500, while you have received $500 only once)

Your Answer

By clicking “Post Your Answer”, you agree to our terms of service, privacy policy and cookie policy

Not the answer you're looking for? Browse other questions tagged or ask your own question.