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I do not understand. I conduct 10-20 BTC sales per day on LBC via bank cash deposit. Out of those, three or four buyers per day fail to make their deposits within the 90-minute count-down. On such occasions the system automatically cancels the order and returns my escrow to me. That's 90 minutes, not 48 hours. That's automatic, not by registering a dispute. Are you on the same localbitcoins.com that I am on?
Here's how it worked:
- Buyer marked payment as complete via interact e-transfer. Once he marks payment - your bitcoins are frozen.
- Buyer quickly cancels his interac payment (it takes ~20-40 minutes to reach you).
- I receive interac notification but deposit fails (because it was cancelled).
Here it goes.
Over 60btc transactions on local and never once have I ran into this. Unlucky I guess.
