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21  Economy / Service Announcements / Re: [ANN] LocalBitcoins.com - a location-based bitcoin to cash marketplace on: July 23, 2013, 02:25:32 PM
I know this has been talked about before but I will bring it up again:

I would really really love to see some kind of feature that would allow the price (by formula) to remain variable until the time when the physical meeting takes place.

Fixing a price days ahead of time will always leave one party disgruntled. It helps noone. It also increases the occurence of people just not showing up greatly. Adjusting the amount of fiat cash involves cumbesome calculations (I did this today).

Allowing the price (amount of coins to be transacted) to adjust by pricing formula would solve all these problems.

Let me add that it would probably make me actually use the transaction feature (instead of avoiding it like now, telling people to bring a wallet and do everything on the spot, which is cumbersome and can lead to misunderstandings) and therefore generate revenue for the site (currently the site has close to no revenue from me).

Are there any problems with this approach I'm missing? I don't see any substantial drawbacks of offering this, only advantages.


The only problem is our current dev resources, which are limited. But I can promise you that the floating feature is coming.
22  Bitcoin / Bitcoin Discussion / Re: If cryptocurrencies become huge, maybe none are good as a store of value on: July 23, 2013, 10:29:25 AM
It might be, that no coin is good for long-term (10-50 years) value holding. I don't personally see this as a problem. Let the best cryptocurrency win, and then lose after even better cryptocurrency comes out.

(Currently however I don't see any advantages in the existing altcoins over bitcoin).
23  Economy / Service Announcements / Re: [ANN] LocalBitcoins.com - a location-based bitcoin to cash marketplace on: July 18, 2013, 12:44:41 PM
Cheap & working counterfeit money checker: http://dx.com/p/counterfeit-fake-money-bank-note-detector-pen-uv-light-tester-purple-3-x-lr1130-68359
24  Bitcoin / Bitcoin Discussion / Re: Mailchimp is unfriendly to bitcoin on: July 10, 2013, 08:37:51 AM
We didn't get the account in the start, they rejected our account Grin

It was pain in the ass, because we already had started the work to integrate with them, and they rejected it later.
25  Economy / Scam Accusations / Re: Don't buy anything from coinabul. Yet another complaint. on: July 04, 2013, 11:56:32 AM
Well, it seems that the original site owner sold the site to some scammer or something? Anyway, I made order on 8th May, and they still haven't shipped it. I guess the site is just a scam, and it is best to forget it...

Edit: fixed, now they finally shipped the item with a tracking #. Guess I wasn't complaining enough Tongue

Edit: I'm not sure if they have really shipped anything.  It has only "shipment notice", I don't know what that means, but only that initial notice is registered... Seems that they just try to trick people into believing that something is shipped using this "shipment notice" thing.
26  Other / Off-topic / Re: Who else is fed up with the core development team? on: June 26, 2013, 06:18:01 AM
They are hurting the community. So apparently a DDOS cause by old Satoshi written code, that could be used to do a DDOS attack. So yeah when do they do testing? I am guessing never, it sounds like this should have been tested and fixed a longgggggggg time ago. And they all think they deserved to get paid? I have yet to see a worthy thing of them getting paid. I guess taking interviews, and slamming companies just takes up that testing time.

We need a new development team, one that has the morals of not getting paid and being greedy.

I know this is going to get me a lot more ignores, but someone has to say it, and if it is me, the so be it. I think they are disgrace to the community. I hope the foundation gets shutdown, and sued for every single penny they have.

And before people tell me that I should switch clients and vote with my downloads, that is easier said then done, but I am in the process and most my servers run my own "client" plus two other clients, (Supernode (Java) and btcd (Go))

It is fucking open source software, if you are not happy DIY... The dev team owes nothing to you (unless of course you have done private deals with them, which I doubt.)
27  Economy / Trading Discussion / Re: Localbitcoins.com--where are the local traders in California? on: June 16, 2013, 04:59:00 PM
Hi, there was a bug on our site, listings should be working now again. Report if you see anything unusual.
28  Other / Beginners & Help / Re: Sent Bitcoin from localbitcoins to MtGox, and account not funded 24 Hours on: June 12, 2013, 09:48:49 PM
Hi, bitcoin transactions are irreversible. If the transaction shows up on the blockchain, then it is final.

Check the transaction on these services:

- blockchain.info
- blockexplorer.com

If the transaction doesn't show on those sites, then we (localbitcoins) have some serious problem, and send me as a private message the transaction you made (the bitcoin address and amount). If the transaction shows up on those sites, then it is fault at mtgox or the receiving end. As all transactions are public, it is easy to prove if a transaction is made or not.

We can't currently afford 24 hour support, therefore it often takes a day for support to answer. We hope to improve this soon.
29  Economy / Speculation / Re: Crisis in Argentine on: June 09, 2013, 04:10:11 PM
Did someone try to track the BTCARS exchange rate?

Obviously that would be quite difficult, since that's black market, but I guess maybe there are open sites with announcements, like localbitcoins?


We have plenty of traders in Argentina: https://localbitcoins.com/country/AR

Also we recently added ARS "blue market rate" to our pricing engine: http://localbitcoins.blogspot.fi/2013/06/argentina-goverment-fixing-exchange.html
30  Economy / Trading Discussion / Re: Best exchange to buy bitcoins? on: June 04, 2013, 12:44:31 PM
localbitcoins.com, naturally.
31  Bitcoin / Bitcoin Discussion / Re: Vim's splash screen should display a donation address, let's convince B Molenaar on: May 16, 2013, 09:32:09 PM
I used to do vim, but nowadays I use sublime text 2. Anyway I'll put 1 BTC.
32  Economy / Service Announcements / Re: [ANN] BitPay Hires Bitcoin Core-Developer Jeff Garzik on: May 15, 2013, 09:44:27 AM
Finally a smart bitcoin company...

I would've thought it'd be obvious that any worthwhile startup needs a core dev onboard...

Well, they have also money as bitpay has been quite a business success. When/if localbitcoins.com gains enough traction/income, we will be doing the same Smiley
33  Economy / Service Announcements / Re: [ANN] LocalBitcoins.com - a location-based bitcoin to cash marketplace on: May 13, 2013, 07:11:08 AM
is there a  way to completely remove an account from the site?

If you go to the edit profile -> bottom, there is a links via which you can remove your profile. However it is not complete removal - your username will stay in the trade receipts, and also the username you will have will be reserved indefinitely.
34  Economy / Service Discussion / Re: Exante Bitcoin Fund? Legit, Fraud, good buy, or what? on: May 12, 2013, 04:01:36 PM
So the Exante Bitcoin Fund claims 1000% return in the last 3 months.
They claim to manage over 90,000.
Minimum investment is ~$100,000.

is this legit? what are your thoughts?

Is this better than some alternatives? btc stocks, plain old cold wallets, etc...

To my understanding exante is just normal bitcoin storage. It is the same as buying bitcoin.

For technologically skilled invidual, I see no reason to use the exante fund.
35  Bitcoin / Project Development / Re: Do we need a bitcoin edition of hackernews ? on: May 12, 2013, 12:27:44 PM
reddit has a reward system for authors, translators, and sharers?

bitcoin tip bot, you do know your basically saying the same thing. Just putting titles to what people do, but yeah this is reddit. You know hackernews was trying to create a reddit system that is more niche.

I thinks reddit and hacker news were born pretty much at the same time. Reddit was an ycombinator company (and hacker news is hoster by ycombinator). Originally reddit (digg clone) was mostly for the cat pictures, and it didn't have the more specialized subreddits, which came later on.

So I don't know if it is fair to call hacker news reddit imitator, but whatever Smiley
36  Bitcoin / Bitcoin Discussion / Re: List of wallets that support mBTC on: May 08, 2013, 11:27:16 AM
Easywallet (status: kangasbros has stated to me in Finnish that he is currently not interested in implementing mBTC support)

I'm was not saying that. I just don't see the customer demand and/or benefit. I'm always ready to change my mind if I see a proof. However currently there exists about thousand more important or generally beneficial tasks on my TODO-list (in my opinion, of course).
37  Economy / Service Announcements / Re: [ANN] LocalBitcoins.com - a location-based bitcoin to cash marketplace on: April 29, 2013, 06:41:03 AM
Gone back to getting logged out after every session, already cleared cookies/cache, still happening.

We recently made the session cookie age much smaller - now users get logged out much easier. This was done because of security. We might add option to modify this in the settings soon.
38  Economy / Economics / Re: List of bitcoin hostile banks. [edit] mod please consider stickying this thread on: April 28, 2013, 07:05:00 PM
To my understanding "Sofort bank" isn't a bank but a payment processor. It handles payment processing with webshops and works with multiple banks.

(Since OP is from Finland, equivalent companies from Finland would be "Suomen verkkomaksut" or "checkout.fi" - they are allowed to select their customers and also aren't dealing with bitcoins)
39  Economy / Economics / Re: This idea might save Bitcoin low trade volums on: April 21, 2013, 10:30:08 AM
How is people not spending their money a problem? Consumerism is the problem, and bitcoin might fix it.
40  Bitcoin / Bitcoin Discussion / Re: Bitcoin's Dystopian Future on: April 19, 2013, 07:48:26 PM
You're really focused on the negative stuff. Nothing of this is really new, and your dystopia can happen with fiat currency just as well, or any money at all. Hyper-commercialization is evil (but so are other ideologies taken to extreme).

Most of the stuff on this forum focuses on the positive side of bitcoin. I'm delighted to find this kind of post here.
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