When I purchase my coins via a service that sends the coins direct to my PC wallet, or simply withdraw coins from an exchange, I let them go through Bitmixer first, to get fresh coins in return. This way I don't have to worry about my privacy.


What do you mean by bitmixer? Are you talking about something like blockchain? And how does that help with privacy? What about VPN's? Thanks!

  Cable Box De-scramblers
    Coin Dealers
    Credit Card Schemes
    Credit Repair Services
    Dating Services
    Debt Consolidation Scams
    Drug Paraphernalia
    Escort Services
    Firearms Sales
    Fireworks Sales
    Get Rich Products
    Government Grants
    Home-Based Charities
    Life-Time Guarantees
    Life-Time Memberships
    Lottery Sales
    Mailing Lists/Personal Info
    Money Transfer Networks
    On-line Gambling
    Pawn Shops
    Payday Loans
    Pharmaceutical Sales
    Ponzi Schemes
    Pornography
    Pyramid-Type Sales
    Racist Materials
    Surveillance Equipment
    Telemarketing
    Tobacco Sales
    Travel Clubs


wow...lol. Isn't that everything and anything bitcoins can be used for?

The danger is simply a risk that the bank might harm you in some way. The risk is low, but it is not 0. My experience has been that localbitcoins face-to-face transactions are safe. I've done many over the last several years and I have never had a problem or felt like I was ever in any kind of danger. Just don't do anything you wouldn't otherwise do with some random stranger on the street.

Thank you. Does anyone know what the procedure is for a bitcoin transaction in person? Do I just hand them the money and be on my way or do I bring my laptop and ensure that the bitcoins get deposited while I have them with me? Again, I'm new to the bitcoin thing, so bear with me for wanting specifics.

Also, what reason would a bank have to "harm" me? Thanks!

If you can find out a trusted dealer nearby your area who accepts cash for the bitcoins,

Are you talking about meeting the seller and person and using cash? I do use localbitcoins and have foound someone with a good reputation locally. My question is this:

How would I prove to the admin that I paid the seller cash in person should the deal turn sour? With bank deposits, all you need is a receipt, but what kind of proof would you have if the exchange was made in person? Sorry, still a newbie to the bitcoin market. Thanks!!!

As long as your not doing anything illegal it really shouldn't matter if you give them your ID or not.

of course, but becuase of the stigma around bitcoins I would prefer to avoid unwanted attention from the "authority." I guess that would be my concern.

Hello,

I live in a small town where Bank of America, Credit Unions and other lesser known banks are. BoA was pretty much my go to place since they were the only ones who didn't require ID but they do now (as of November). I just want to know what the dangers are of presenting my ID to the teller and what they do with the information.

Are there any other safe alternatives? I don't know how safe it is to meet the seller in person with cash for a bitcoin transaction