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Author Topic: Opprtunity for Local (face-to-face) Exchangers?  (Read 822 times)
velcrovan
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June 14, 2011, 08:33:54 PM
 #1

I've been trading for a month now, can't seem to find any info on this but maybe I missed something obvious.

I'm wondering if there is any opportunity for local exchangers of bitcoin. In other words, registering that, as a local service, I will sell you bitcoin for cash or give you cash for bitcoin in a face-to-face transaction. This would provide anonymity benefits and also save time moving money to Dwolla/MtGox/etc.

Is there an impending need for such a service?

What would be best practice for handling the transaction?

What would be reasonable precautions?
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Maged
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June 14, 2011, 09:14:30 PM
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Off the top of my head...

https://en.bitcoin.it/wiki/Ubitex
https://en.bitcoin.it/wiki/Bitcoin.local
https://en.bitcoin.it/wiki/Bitcoin_Map_%28Collaborative_map%29

There may be others.

Hellobtc
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June 14, 2011, 09:19:18 PM
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just wait until http://bitbills.com/ take off  Grin
extracool
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June 14, 2011, 09:55:07 PM
 #4

I setup @BitList https://bit-list.appspot.com with this in mind.

The login uses your twitter account, so that can be an anon as you want it, in addition you disguise your twitter account with a nickname of your choosing.

It lets you create Message Drops on the map. The idea is you enter some hashtags in the description, such as #bitcoin, #bitcoin-trader, #bitcoin-seller or #bitcoin-buyer.

people can find message drops around them, filtering by any tag. so someone would Search for 'bitcoin' and only message drops with #bitcoin in the description would show on the map. With the messages, you can work out an inperson exchange.

Opening a Drop anyone can add a public message to it as well as a private message to it's owner. I need some way to add more virality to it, but it is a little difficult with it's focus on anonymity.


There is also the ubitex.org project.

FREE bitcoin spreadsheet - watch your bitcoins value go up and down - whoo
go to Google Docs, File -> New -> From template...
Then search for 'yourBitcoins'

Donations: 1ENTx3dEUE1KPhWYiAceEEYjnT7GWXeAjp
Stephen Gornick
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June 14, 2011, 11:34:51 PM
 #5

I setup @BitList https://bit-list.appspot.com with this in mind.

That's an interesting approach!  Please consider adding an article to the Bitcoin wiki for BitList.  Then add to the article [[Category:Local]] so that is included in the Local category as well.
  - http://en.bitcoin.it/wiki/Category:Local

extracool
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June 16, 2011, 03:34:08 AM
 #6

Thanks Stephen, I'll work on an article for the wiki.

FREE bitcoin spreadsheet - watch your bitcoins value go up and down - whoo
go to Google Docs, File -> New -> From template...
Then search for 'yourBitcoins'

Donations: 1ENTx3dEUE1KPhWYiAceEEYjnT7GWXeAjp
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