Bitcoin Forum
July 02, 2024, 05:47:59 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: « 1 2 [3]  All
  Print  
Author Topic: How many people buy or sell Bitcoin locally  (Read 2737 times)
~Bitcoin~
Legendary
*
Offline Offline

Activity: 994
Merit: 1000



View Profile
January 13, 2016, 09:53:30 AM
 #41

I have only few friends who do deal with bitcoin and other payment processor. Regarding bitcoin i am the only one who is constantly selling it to my friend circle but in relatively small scale. Face to face is quite easy and most secure way to deal.

BitHodler
Legendary
*
Offline Offline

Activity: 1526
Merit: 1179


View Profile
January 13, 2016, 11:43:12 AM
 #42

Selling to friends and family is not a problem for me as long as the amounts are valued under $100.

I would never deal with strangers when it comes to buying or selling Bitcoins. There is too much risk involved.

BSV is not the real Bcash. Bcash is the real Bcash.
lahm-44
Sr. Member
****
Offline Offline

Activity: 336
Merit: 250



View Profile
January 14, 2016, 04:30:58 PM
 #43

yeah you are right but the thing is its quiet hard to find a local seller for everyone but online sellers can b approached easily so its a 50-50thing both have its merits and demerits and by the now days market is down so most of the people are earning bitcoins and savings them and trusting someonw with your bitcoins are risky too . But i like the localbitcoin escrow system
zimmorto
Newbie
*
Offline Offline

Activity: 42
Merit: 0


View Profile
January 14, 2016, 04:56:04 PM
 #44

There are face to face buyers and sellers of bitcoin with good reputation all over the world. It is hard initially to meet those people. Once you're very accurate in finding the right person to have a deal, then it will be very easy all the time. There are several people in bitcointalk since the beginning are really good dealers.
maokoto
Hero Member
*****
Offline Offline

Activity: 770
Merit: 500


✪ NEXCHANGE | BTC, LTC, ETH & DOGE ✪


View Profile WWW
January 14, 2016, 05:22:59 PM
 #45

I agree that would be much less risky, but quite uncomfortable and limiting. The beauty of Bitcoin is that you can send it from one corner of the world to another with low fees. To meet in person in order to make a transaction is a little awkward in that sense...

However, once Bitcoin is widely adopted perhaps we will see it in everyday life.

smith coins
Hero Member
*****
Offline Offline

Activity: 504
Merit: 500



View Profile
January 14, 2016, 08:09:33 PM
 #46

It  looks as if buying Bitcoin over the net is fraught with risks, and reputable traders seem to have wide spreads. The obvious solution would be to buy Bitcoin through a local face-to-face contact. Have any members of this forum done this?
It depends on which country/state you live because in most of the countries bitcoin is free to use and trade, i have sold too.
Supercrypt
Legendary
*
Offline Offline

Activity: 1554
Merit: 1054



View Profile
January 14, 2016, 08:34:23 PM
 #47

I have only few friends who do deal with bitcoin and other payment processor. Regarding bitcoin i am the only one who is constantly selling it to my friend circle but in relatively small scale. Face to face is quite easy and most secure way to deal.

I agree that F-2-F deals are very secure compared to online trades and it's good to only deal with known friends. I was initially afraid of dealing personally with a person as these deals are usually over 2-3 BTC and plus I don't know the person who I will be trading with.
It went well the first time but the person was making excuses while giving me cash. However, it went fine then but I don't prefer dealing this way as with regards to money, known people also try to dodge.
icem3lter
Sr. Member
****
Offline Offline

Activity: 281
Merit: 250


View Profile
January 14, 2016, 08:39:57 PM
 #48

I've been mining Bitcoin and selling it since 2013. I sell around 2-4BTC a month.


ifightformerkel
Legendary
*
Offline Offline

Activity: 1386
Merit: 1000


View Profile
January 14, 2016, 09:21:49 PM
 #49

I would never sell or buy bitcoins through a local face-to-face contact.

Here in germany are to many freaks that will come to the place and rob you, take your money.

For example i read 3 days ago in the newspaper that they rob again someone and steal a few thousand euros at a bitcoin deal.
http://www.tagblatt.de/Nachrichten/Bei-Kryptogeld-Handel-Bargeld-erbeutet-272531.html

kevin go
Full Member
***
Offline Offline

Activity: 238
Merit: 100


View Profile
January 15, 2016, 02:29:34 AM
 #50

i dont sell btc locally it bcause in my country there is too less people know about bitcoin...
even when im alrdy expalin what is bitcoin to my best friend...they still wondering and confusing about bitcoin...
im sure they will use btc soon whenever they understand what is that...
the main thing is hard to made them understand...
bitmarket.net
Sr. Member
****
Offline Offline

Activity: 323
Merit: 250



View Profile WWW
January 15, 2016, 08:54:22 AM
 #51

isn't the point of bitcoin that it is a global, virtual currency - a money for the internet age ?

why would you be afraid to use one of the exchanges ?
what else could exchanges do to make you less afraid ?

BitMarket.net- Europe's most advanced cryptocurrency exchange
smooth
Legendary
*
Offline Offline

Activity: 2968
Merit: 1198



View Profile
January 15, 2016, 08:55:31 AM
 #52

I have done it. I didn't read the whole thread but I would be happy to answer questions or provide advice.

lolxxxx
Legendary
*
Offline Offline

Activity: 2198
Merit: 1032


View Profile WWW
January 15, 2016, 08:57:50 AM
 #53

I do but it's hard here in my country to buy sell bitcoins locally , majority of peoples don't know about butcoin only few people know about it. I have some friends from this forum to whom i sell bitcoins and buy from them too.
Pages: « 1 2 [3]  All
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!