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Author Topic: Anyone tried this LocalBitcoins alternative ?  (Read 4259 times)
Warren Buffet (OP)
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June 19, 2015, 11:53:43 PM
 #1

Lately I see www.100bit.co.in is being advertised as LocalBitcoins alternative on this forum. Has anyone actually tried this ?
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June 20, 2015, 12:10:21 AM
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I did. So far so good. They are indeed offering a few more features than LocalBitcoins, e.g. direct trading of Alt coins. But, they are very new. So, the volume is low.

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June 20, 2015, 12:58:26 AM
 #3

I wish local bitcoins had a Alt coin option. Step up your game local bitcoins!  Grin
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June 20, 2015, 01:35:09 AM
 #4

that's defiantly a great new option.
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June 20, 2015, 01:39:47 AM
 #5

Looks like a great new site, just waiting for volume on it to pick up steam.

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June 20, 2015, 07:25:10 AM
Last edit: June 21, 2015, 01:57:52 PM by Amph
 #6

Looks like a great new site, just waiting for volume on it to pick up steam.

if everyone is just waiting for the volume to raise, then it will never raise, better to take advantage of its feature and join it now, if you need localbitcoin but for altcoin, it should be the best available service out there

I wish local bitcoins had a Alt coin option. Step up your game local bitcoins!  Grin

they should indeed come up with localaltcoin, would be fabulous
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June 20, 2015, 07:32:23 AM
 #7

Looks like a great new site, just waiting for volume on it to pick up steam.

While I agree it is a good new site with decent features, it has been around for quite some time so far without picking up steam, maybe they need to start and keep up a decent marketing campaign to get fully noticed, because once people notice it that will be used more without a doubt.
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June 20, 2015, 09:49:58 AM
 #8

I'm surprised no one has tried to make a localbitcoins model with Altcoins
Liqudity issues aside there is likely a large enough demand for it to scale once a trusted site is established.

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June 20, 2015, 10:38:14 AM
 #9

Hadn't heard of this alternative no, but will definitely check it out. Thanks for sharing!
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June 21, 2015, 11:17:22 AM
 #10

Looks like a great new site, just waiting for volume on it to pick up steam.

if everyone is just waiting for the volume to raise, then it will never raise, better to take advantage of its future and join it now, if you need localbitcoin but for altcoin, it should be the best available service out there
Exactly. Especially their fees are right now 1/10 of LocalBitcoins. LocalBitcoins take 1% for escrow, whereas 100bit.co.in is charging 0.1%.

I wish local bitcoins had a Alt coin option. Step up your game local bitcoins!  Grin

they should indeed come up with localaltcoin, would be fabulous
Well, I dont think so. Because they are not Alt coin specific. They are offering everything that LocalBitcoins does, Alt coin trading is just an added property to their service. Moreover, Alt coins & FIAT both can only be exchanged with bitcoin. Bitcoin is at the epicenter.

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June 21, 2015, 01:26:33 PM
 #11

Lately I see www.100bit.co.in is being advertised as LocalBitcoins alternative on this forum. Has anyone actually tried this ?

This is the first time I have heard of this service and they'd have to travel a long way to be called a LBC alternative and I don't think it's going to be that easy, LBC is running from a long time and is trusted by many traders worldwide.

 

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June 21, 2015, 01:52:19 PM
 #12

looks great, I am looking for alternative LBC too.
So thanks for sharing Cheesy

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June 21, 2015, 01:59:37 PM
 #13

Well, I dont think so. Because they are not Alt coin specific. They are offering everything that LocalBitcoins does, Alt coin trading is just an added property to their service. Moreover, Alt coins & FIAT both can only be exchanged with bitcoin. Bitcoin is at the epicenter.

i said that because there are still some users who are interest in specific good coin, that they find superior to bitcoin, for whatever reason, 1 of them is the anonymity

coin like dash and monero are very appreciated for that reason, they could find their position in something like localbitcoin
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June 21, 2015, 08:24:04 PM
 #14

I have been using it lately. I feel its a better alternative that localbitcoins. The support for localbitcoins isn't too good either lately. They have been avoiding support tickets and have been charging my 0.0011 for fees to send bitcoins out of my account to an external wallet.
Warren Buffet (OP)
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June 23, 2015, 11:05:21 PM
 #15

I have been using it lately. I feel its a better alternative that localbitcoins. The support for localbitcoins isn't too good either lately. They have been avoiding support tickets and have been charging my 0.0011 for fees to send bitcoins out of my account to an external wallet.

Same here. This system is working better for me than LocalBitcoins. I wish more people uses it and volume goes up.
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June 24, 2015, 02:48:18 PM
 #16

I have been using it lately. I feel its a better alternative that localbitcoins. The support for localbitcoins isn't too good either lately. They have been avoiding support tickets and have been charging my 0.0011 for fees to send bitcoins out of my account to an external wallet.

Same here. This system is working better for me than LocalBitcoins. I wish more people uses it and volume goes up.

Volume will take time to build up. Especially when most of the today's media do not cover a new service without payment. Unless there is some VC backing them, they wont be able to afford it. So, everyone needs to wait for more people to discover them.
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June 24, 2015, 03:05:55 PM
 #17

I have been using it lately. I feel its a better alternative that localbitcoins. The support for localbitcoins isn't too good either lately. They have been avoiding support tickets and have been charging my 0.0011 for fees to send bitcoins out of my account to an external wallet.

Same here. This system is working better for me than LocalBitcoins. I wish more people uses it and volume goes up.

Volume will take time to build up. Especially when most of the today's media do not cover a new service without payment. Unless there is some VC backing them, they wont be able to afford it. So, everyone needs to wait for more people to discover them.

i do believe right now the bitcoin industry is all about marketing and whos willing to invest in your start up or business model, maybe if they get out a bit more or use the proper pr in order to get the bitcoin trend on their side it could turn bigger and better.
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June 24, 2015, 03:32:30 PM
 #18

I have been using it lately. I feel its a better alternative that localbitcoins. The support for localbitcoins isn't too good either lately. They have been avoiding support tickets and have been charging my 0.0011 for fees to send bitcoins out of my account to an external wallet.

Same here. This system is working better for me than LocalBitcoins. I wish more people uses it and volume goes up.

Volume will take time to build up. Especially when most of the today's media do not cover a new service without payment. Unless there is some VC backing them, they wont be able to afford it. So, everyone needs to wait for more people to discover them.

i do believe right now the bitcoin industry is all about marketing and whos willing to invest in your start up or business model, maybe if they get out a bit more or use the proper pr in order to get the bitcoin trend on their side it could turn bigger and better.

I was part of their sig campaign and tried this site too. The site appeared to me far simpler and easy to use than LocalBitcoins. But, the volume is low...

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June 24, 2015, 04:43:04 PM
 #19

I don't understand how it is an alternative to localbitcoins.

I can sell to "Europe"?

Ok...so where do I meet this person who is buying in Europe? Fly to Paris? Rome?

I've already discovered that SEPA transfers are of no use for selling bitcoins. How is this site supposed to work?

First seastead company actually selling sea homes: Ocean Builders https://ocean.builders  Of course we accept bitcoin.
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June 24, 2015, 04:51:22 PM
 #20

I don't understand how it is an alternative to localbitcoins.

I can sell to "Europe"?

Ok...so where do I meet this person who is buying in Europe? Fly to Paris? Rome?

I've already discovered that SEPA transfers are of no use for selling bitcoins. How is this site supposed to work?

Are not there any irreversible online payment method that works for Euro ?
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