Again...tough to get any transactions done to build a history if everyone assumes lack of transactions instantly equals identity theft and fraud. Might as well lock the "Marketplace" to those with 500 posts or more and a year of registration on the website.

Or do KYC and like many exchanges are now doing and ruin the purpose of Bitcoin.

Also, for the record, I don't really care what method it is, if there is a better one, that is fine by me. I just want BTC to get down on the game tonight. If it is PayPal or delivery from a restaurant, it really does not matter as long as it doesn't take a few hours of waiting to get it done.

I have done deals on Twitter with other people through PayPal after they sent me a request for cash.

Presently doing a deal with someone from here who PM'ed me.

This is what annoys me about Bitcoin.

I come and post in a Marketplace and no one wants to do a deal because I don't have a history of doing deals. How the hell can I have a history of doing deals if no one will do a deal?

Sure, PayPal is reversable, but if I send someone money with my address in the notes box on the transaction, and they have a screenshot of their wallet sending me the money - there is next to no chance I am winning that dispute and my account gets flagged. Also, little does anyone mention the seller not sending BTC in return AFTER getting the funds. I am putting just as much trust in someone who I agree to do a deal with as they are putting in me. The trust is all in the seller in fact as the seller is the one who gets funds first!

I don't get it.


For the record on LocalBitcoins there are very few sellers in my country. I bought the balance of one seller and another is charging 27% fee for a cash transaction - which is absurd. Amazingly, he has over 3,000 transactions in his history.

I get that. But it is difficult to get a good history if no one is selling.

Looking to buy 1 BTC through PayPal using my CC before kickoff tonight.

I realize I am new and am willing to pay a reasonable premium.

Good to know...

Is there another method which I can use, quickly?

If you can sell me 0.50 BTC in return for cash paid through PayPal, please let me know.

I have called into the support number twice and got quite good service both times. I noticed their terms and conditions were pretty firm around the bonus gold as well as referrals. Haven't gone that way myself personally.

I'm still not too sure what to make of the pieces of bad press here and there.

I have $102.50 in Bitgold and I am looking to sell for Bitcoin.

Willing to take $92.50 USD worth of Bitcoin for the Bitgold.

I am a co-founder of lottery/sportsbook/bingo operation. I have lived in Medellín for two years with my wife (paisa), don't plan on ever going back. Hired two devleopers from Ruta N, a big tech office downtown in the city. The first developer took over the software and attempted to hold it for ransom which ended in a complete mess. The second was just unable to handle the workload and set me back a month. I was paying 18,000,000 COP a month, and it got me no where. Paying 2-3X that per month to someone in Canada gives me peace of mind, which for me is well worth it.

Bancolombia wire limits as well as their ever fluctuating exchange rate makes it difficult. Localbitcoins made it even worse, as people here just aren't willing or capable to handle the volume at any rate that makes it even the slightest bit worthwhile. But to build on what you said, not only are people not willing to buy Bitcoin, few people are willing to buy anything online. The couple times I tried to purchase from local vendors online, Chevignon, Adidas, it was a complete nightmare. I still have a dispute on my credit card open with Adidas Colombia. Getting online payments to be widely accepted here is just the first step in a long process to even get 1% of the population here thinking about Bitcoin, let alone using it often.

I was just disappointed. Bitcoin is broadcast as a solution for all of the problems I am experiencing. Download a wallet and have "cash" on your smartphone you can transfer anywhere in the world instantly for free...yeah, right. At the end of the day it seems 98/100 people have a very small balance and do this only as a hobby, 1/100 have large balances and do this only as an investment, and 1/100 people are willing to do business, but charge absurd prices to do so and required large amounts of verification. So at the end of the day, Bitcoin really isn't any different than any of the financial systems already in place, in-fact, it is more difficult and painful to try use...for me anyway.

I was looking at moving between 40 & 55 Bitcoins per transaction once a month to and from our provider. No one on Local Bitcoins was able to handle that volume dor less than a 20-25% fee which made it worthless. However, looking to buy 1 or 2 coins seemed reasonable.

There is no Bitcoin exchange for Colombia. There is one said to be in the works but one does not exist at the moment. The Mexican peso and Colombian peso are different currencies as well as different countries...

Hi everyone,

A little bit of a dissappointed (attempted) Bitcoin user here.

I live in Colombia and have a business that has software provided for by a tech in Canada. We have had nothing but trouble with wire transfers due to exchange rates flying all over the place with the Peso and the Dollar. Recently he suggested to give Bitcoin a try. The idea of being able to transfer money instantly to him at a relatively low cost seemed like a very good idea.

Setting up a wallet was very easy, and I did not have to provide any info aside from my email. However, when it came to buying the coins, I had to practically give away every piece of information I had. CAVIRTEX, the Canadian Exchange wanted my Passport, ID, Utility Bill and a photo of me holding my ID. I have a Canadian Passport, but obviously living in Colombia, my ID and Utility Bills are from Medellín which put my Canadian bank out of the question. When trying to do a transfer through local bitcoins, users on there wanted the same information as well for a email transfer. Trying to buy local proved useless as the few options in Medellín, Colombia wanted at mínimum 25% fee on the transaction, which is way higher than what the banks are taking from me each month during the transfers.  Many of the trusted US based firms wont allow me to open an account due to my location, and of course ask for much of the same information.

In my head I always thought this process was simple. I watched a Joe Rogan podcast with a Bitcoin wallet or Exchange owner (or something along those lines) talk about being in Argentina and Venezuela and how everyone was using Bitcoin because it was so easy and internationally accepted. Peer to peer transfers might make it easy to buy and sell a few dollars here and there as a hobby, but when it comes to moving decent amounts of money on a consistent basis, this becomes extremely difficult. Has it always been this way, or am I late to the party and things have tightened up since the beginning?

Would be curious to get some thoughts from people on here who know far more about BTC than I ever will regarding my experiences.

Appreciate the time.