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Author Topic: Safest way to sell Bitcoins on LBC???  (Read 769 times)
Zoogie (OP)
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August 24, 2015, 11:04:54 PM
 #1

I'm doing some research on selling Bitcoins on Localbitcoins.com, I know that it is not the safest place to sell Bitcoins, but there are a lot of people trading on that site and getting ripped off. I would like write a report to help out other beginners/newbies trade as safe as possible on that site. Maybe I'm not the best person to write this report (I got into selling on LBC following a friends(?) advise about 4 months ago), but I hate scammers that take advantage of honest people.

After getting ripped of myself, I now only use PPMC (following PayPal's TOS) at this point because the trades I've made using Venmo and Square went south. I would like to know if all cash cards are safe, like Visa Green Dot Prepaid Debit Card, Moneypak, Vanilla, etc. How about wire transfers to a bank, what are the drawbacks? Can you recommend any other trading sites like LBC but safer? If someone could help me out with any useful information, I would be very grateful!

When I posted the same message on LBC, the replies I got offered only off the cuff remarks with no help at all. Thank you for your sound input and advise.
notlist3d
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August 25, 2015, 12:22:54 AM
 #2

With LBC there is always risk. You can go with people with lots of feedback in trying to make less risk.  There is no way to make it really safe, this is why they bring more money for BTC then a exchange.

If recommending to a new person I suggest a exchange.  Go with one that is well known and much less risk.  Being new this is much better then LBC.
alone bird
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August 25, 2015, 07:51:03 AM
 #3

selling the bitcoins with LBC is v risky !!!!
ktfutura
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August 25, 2015, 07:52:59 AM
 #4

safest way is you bring a gun tucked behind your back. remember to fold over your shirt, you don't want it sticking out.

maybe think about a hunting knife too. that can come in handy for hand to hand combat.
notlist3d
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August 25, 2015, 08:16:06 AM
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safest way is you bring a gun tucked behind your back. remember to fold over your shirt, you don't want it sticking out.

maybe think about a hunting knife too. that can come in handy for hand to hand combat.


No this is why you should meet in a public place.  Nice thing is with phones now a lot can be a hotspot and you have instant wifi.   Can meet at McDonalds, or a police parking lot, I mean tons of places. 

One big thing with a face to face only bring what you need.  Do not bring your cold storage, or more then buyer is buying.

If you suspect you need  a side arm you should not be going.    There is too much risk or something is not right.
yummyransom
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August 25, 2015, 09:53:12 AM
 #6

I think it's not a safe way to sell your bitcoin using to that method. Just try the other way then if you want to be secure.

Zoogie (OP)
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August 26, 2015, 12:07:12 AM
 #7

safest way is you bring a gun tucked behind your back. remember to fold over your shirt, you don't want it sticking out.

maybe think about a hunting knife too. that can come in handy for hand to hand combat.


Did you even read my post? If you're tying to be funny, you didn't succeed. Some people are trying to find helpful information on this forum, not inane answers.
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