Amazing service. Anyone tried this yet and can give a review?
Will try tomorrow. |
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I, for one, have been "lurking" the bitcoin scene for a year or so and I finally want to get into the game. Unfortunately, it seems like it's become damn near impossible to conveniently buy any.  Thoughts? Suggestions? Anyone else just want to vent? Explain what you mean a bit more, I'd be glad to help. |
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PM offers, or post here.
John K is acceptable, but you pay fees. I am trustworthy here by many and my feedback is peerless, but understandable if you wish to utilize escrow.
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New experts, meet old experts...
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I am long, not planning on selling at the moment any of early mined coins.
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I'd be interested to hear if creativex has reconsidered using a fraction of the reinvestment fund as part of a hedging/investment portfolio. I'd consider re-opening a position in AM-PT shares at these levels with a portion of our fund. There are no other investments that have both the liquidity and track record. Also, as before, I like the unique situation with AM-PT which requires us to trust only one more person...friedcat. Thoughts? Concerns? Diversification never hurts. I agree with that assessment in general. What was bASIC @ IPO? |
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More and more people know every day, always a surprise to me and ever increasingly so..
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I swear I made a post here and it is gone...
I deposited 13 hours ago - no credit to account. Beware.
Edit: After about 150 confirmations it showed up, but the site is confusing.
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This seems like a nice idea, but somewhere in there are laws that prevent money laundering and this might be an example on why you should not be doing this. As users, you are fine, but the business model is mute.
He never touches any money. Is this forum a laundry agent? |
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I trade on LocalBitcoins a lot. It is not clear to me what the problem is that you are describing so I'll write a quick summary.
If you want to sell bitcoins face-to-face:
1. Send enough bitcoins in your LocalBitcoins wallet to make a few sales (most people buy $100 in a transactions, but some buy more). The amount in your wallet will affect the high limit in your ad.
1. Create a local sell ad.
2. Someone will start a transaction.
3. You agree on a time and place to meet.
4. The buyer may request that you "fund" the transaction before you meet. It rarely happens, but it only means that you reserve the bitcoins for the transaction.
5. When you meet, the buyer hands you the money, and you "fund" the transaction (if you haven't already), and you "release" the bitcoins.
6. You will get a code that you give to the buyer. This code must match the buyer's code. If it does, you are done. If it doesn't, you have done something wrong.
If the buyer wants you to send the bitcoins to different wallet, then you don't "fund" and "release". Instead the buyer gives you the money and you send the bitcoins to the buyer's wallet. Then you wait for at least one confirmation.
If you want to buy bitcoins face-to-face:
1. Create a local buy ad.
2. Someone will start a transaction.
3. They will generally ask you to respond first, to make sure you are active.
4. They will "fund" the transaction.
5. You agree on a time and place.
6. When you meet, you give the money to the seller and he releases the bitcoins to you. You are done.
Okay, I was under the impression I did not have to use the escrow system. If that's the case I am using the wrong service. Thank you! |
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Deposited 1 BTC to test this. 8 confirms later still no sign of it in my wallet.
Thoughts?
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If you are selling btc.. then yes you need btc in your wallet for escrow. If you are buying btc.. then u dont need any in your wallet.
If you are selling online then you need a minimum of 1btc in your lb wallet. If you are selling for cash then you don't need any in the wallet. Also the escrow service is only for online transactions so if anyone asks for it for an inperson transaction just refuse outright. There is another service called the transaction service that is designed for inperson transactions. You have to use either transaction service or escrow to get rated and their is a 1% fee to the advertiser for either service. Go through the FAQ with a fine toothcomb to understand all this. Personally I don't trust their escrow service because some people have had a bad experience with it so be cautious. So you are saying that the buyer opened the request and requested the online escrow with a cash in person buy? Possibly? |
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Cash goes first, BTC follows.
And I'd recommend using an escrow service.
I'm not sure what you mean by the first bit. It could go either way. And I'm sure you could do that. I do not care if one wishes to use an escrow service, but I am not interested in paying the fees. John is fine, but buyer would pay fees. My reputation can be found about the boards. I grow agitated with your comments in each of my posts stating the obvious "escrow should be considered". Really? I am certain that most reasonable people have that on their mind when considering any deal, whether they utilize one or not. So please. |
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Would anyone be willing to trade me BTC-E coin for fiat? Does such a service exist? I am looking for a regular basis, say I trade you for your 10-20BTC a week and I trade you the fiat. This would, perhaps, aid someone who likes to cash out of BTC-E on a regular basis? Not sure, anyone with brighter ideas to facilitate this easily?
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What is your price per 5850?
Something close to market would be fine. Not really sure or up to date, but you could toss me an offer. |
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just set your ad to meeting in person.
I did I thought. I thought I posted that successfully, then posted (or tried to) an online ad, but that said I couldn't because my balance wasn't there. But when I click to read the thread between me and user, it claims something about I need to deposit some BTC... to an escrow wallet for htis transaction..... |
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BitCoiner2012 - Non BTC mining discussion belongs elsewhere ... as per forum requirements.
Did you read my posts? I was not attempting to discuss alt coin mining.. I was simply asked why I could ever want such an option. The answer could be given exactly the same with only BTC involved. |
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