Bitcoin Forum

Economy => Trading Discussion => Topic started by: masama on March 11, 2016, 04:54:55 AM



Title: What timeline localbitcoins follow?
Post by: masama on March 11, 2016, 04:54:55 AM
Hi guys,

I am about to create my first advertisement in localbitcoins, but I am uncertain about the timeline they follow because I want to post a trade on USA and I am located in South East Asia. Can someone answer this for me. Thanks!


Title: Re: What timeline localbitcoins follow?
Post by: Mickeyb on March 11, 2016, 04:56:49 AM
I'm sure they adapt to whatever time it is according to that country's time zone, from your IP address


Title: Re: What timeline localbitcoins follow?
Post by: masama on March 11, 2016, 05:00:17 AM
Okay, thanks man.

Another question that bothers me is the margin, can you thoroughly explain that to me? If I will put 10%, what will be my earnings?


Title: Re: What timeline localbitcoins follow?
Post by: Patatas on March 11, 2016, 05:20:30 AM
Okay, thanks man.

Another question that bothers me is the margin, can you thoroughly explain that to me? If I will put 10%, what will be my earnings?


Simple,10% of whatever you're putting.Use an online percentile calculator http://www.percentagecalculator.net/ .Be very careful in setting up the margin,always keep it higher if you're selling the coins.Also make sure you're online when a request is sent because as soon as someone wants to trade with you,your coins are held in escrow and they won't be returned unless the transaction is out of frame window which is 60 mins I guess or the opposite party has to disconnect it.The best thing to do in such cases is,only post a trade request when you're online and delete it after you log out.


Title: Re: What timeline localbitcoins follow?
Post by: masama on March 11, 2016, 11:24:33 AM
Thanks for the awesome tutorial mate.