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Author Topic: Have you ever exchanged BTC face to face?  (Read 8306 times)
ufaiz50
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December 14, 2016, 01:18:13 AM
 #61

I've been using BTC for a while. I've been using it at exchanges, to trade altcoins and to order goods over the Internet, but I've never exchanged BTC with someone in front of me. At a store or between friends, or family. This despite having had long conversations about BTC with various kinds of people, and attending a few meetups.

Who has exchanged BTC F2F?
 
I've exchanged bitcoin F2F with myfriend, maybe because BTC is digital where you don't need to meet in person with someone only to send BTC for fast transactions and non-refundable

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December 14, 2016, 02:39:01 AM
 #62

I do it a fair bit.  I get them to meet at the local casino.  Lots of security there and a few thousand dollars doesn't look out of place.  I then get them to hand the cash to the croupier who count cash for a living and can spot counterfeits.  Also the casino absorbs the risks and you're not under pressure to count correctly.

Then take the chips off the croupier.  Again, counting 2x $500 is easier than a bunch of notes.

Scan their QR code on your phone and your done.
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December 14, 2016, 02:43:29 AM
 #63

I have no experience exchanging btc personally. Its better if you that because you will the person are negotiating with. Just make sure that the meeting place is public like parks or malls. Its also better if tbere is security camera just to make sure the person that you meet will not do anything stupid.
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December 14, 2016, 02:44:23 AM
 #64


Nope never tried it before but what is the sense of using Bitcoin if you will just going to trade face to face. I used bitcoin because it makes my life easier no hassle when making a deal with others they will just send Bitcoin to your address then in less than 5 mins if you see the transaction in your wallet you can already give the goods to the other party.

Me too I did not experience transacting with someone face to face with bitcoin but I am looking forward to look for it. Just to gain more friends and know someone personally who are into bitcoin near my community.
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December 14, 2016, 03:56:01 AM
 #65

So far i have not encountered exchange btc to a person face to face. Even buying bitcoin i have not experience. But i think it will be better if you do that because you will.meet personnaly the person you are exchaging btc. Plus the better chance you can get friends and make you a his regular agent for exchange. Just be careful about tge person you are transacting with. Its better if you take some picture of him/her. Just in case he did somthing wrong.
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December 14, 2016, 06:26:49 AM
 #66

Yes I have but for small amount only , because I did it with my friends (buy/sell btc) so I don't get scammed with them and I can get my money instantly. But with the unknown person I haven't and don't want to do it unless for some reason.

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December 14, 2016, 06:50:49 AM
 #67

I guess that would be better. Its more safer because you can see the actual person youre going to transact with your btc. You cqn recognize his/her face. But it is not really necessary because there so many escrow service which we can trade our btc safely. You can hire one if you want. Its just a hassle if you are going to meet the person face to face.
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December 14, 2016, 07:27:59 AM
 #68

I've been using BTC for a while. I've been using it at exchanges, to trade altcoins and to order goods over the Internet, but I've never exchanged BTC with someone in front of me. At a store or between friends, or family. This despite having had long conversations about BTC with various kinds of people, and attending a few meetups. Who has exchanged BTC F2F?   

Going face to face in exchanging or trading Bitcoin can be a good way for people to really understand the power of Bitcoin but we have to be careful especially with people whom we don't have a personal connection with and we should be doing it on public places.
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December 14, 2016, 07:51:49 AM
 #69

I have only exchanged bitcoin via an atm machine but never with friends or family as My Wife and myself are the only people in our family that engage in anything bitcoin related. We try to explain to them about ti but they still think of bitcoin as some nerdy futuristic gig.


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December 14, 2016, 07:58:43 AM
 #70

I have never changed or sold bitcoin face to face as i have read in so many thread about fraud and scam so i always go to my localexchange and sell it and i receive it in my bank account through imps which is more safe and secure.
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December 14, 2016, 09:06:49 AM
 #71

I don't really know any that use Bitcoin around me. When I go shopping, I always have cash with me and I never have the courage to ask anyone if they accept Bitcoin. If I were to do Bitcoin trading, I will do it online simply because the process is much easier (at least more security compared to meeting with a stranger) and faster since there is more trader.

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December 14, 2016, 09:19:24 AM
 #72

No. None in my family and friends know much about bitcoin but if they knew I would do that for sure. That would really be interesting as there would be less possibility of scam.

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December 14, 2016, 09:28:14 AM
 #73

I've been using BTC for a while. I've been using it at exchanges, to trade altcoins and to order goods over the Internet, but I've never exchanged BTC with someone in front of me. At a store or between friends, or family. This despite having had long conversations about BTC with various kinds of people, and attending a few meetups.

Who has exchanged BTC F2F?
 
Yes, I did the same what you are saying face 2 face Cool
Actually I made sold my btc one Month ago with a person who was in my city ( old trader of Bitcoin I found him in a WhatsApp cryptocurrency group ) .
But unfortunately I made sold of Bitcoin of price $1.5 only but that was a awesome moment .

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December 14, 2016, 09:29:12 AM
 #74

I'm kind of afraid to do that, you know... Exchanging BTC face to face exposes you to different dangers, especially when the sum you want to exchange is over $1K. I prefer completing exchanges online, where my identity is hidden. This way I can feel safe, but I have to make sure the website I'm going to choose will NOT be a scam.
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December 14, 2016, 09:31:55 AM
 #75

I have exchanged BTC face to face several time in my local area. You know, there aren't any place which accept Bitcoin in my country so I have to make a deal online or face to face with someone who is holding Bitcoin. Actually, It is quite easy and while buying or selling Bitcoin, I can have a chance to meet other people who love Bitcoin like i do

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December 14, 2016, 09:37:11 AM
 #76

I'm kind of afraid to do that, you know... Exchanging BTC face to face exposes you to different dangers, especially when the sum you want to exchange is over $1K. I prefer completing exchanges online, where my identity is hidden. This way I can feel safe, but I have to make sure the website I'm going to choose will NOT be a scam.

I remember I was reading about some cases before, couple scammers tried to take bitcoins from some guy in face2face transaction, somewhere in US, and if I remember precisely guy wanted to sell more then 30 k worth of bitcoins.
I sell my bitcoins to a guy who live in other town, and he is not close, I wrote him on viber and we he send me money very fast. I don`t need to look for someone else cause this is very good what I have now. This guy also sell bitcoins, I doubt I will change him, in one year I didnt have any problems with him.



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December 14, 2016, 09:43:18 AM
 #77

I have only exchanged bitcoin via an atm machine but never with friends or family as My Wife and myself are the only people in our family that engage in anything bitcoin related. We try to explain to them about ti but they still think of bitcoin as some nerdy futuristic gig.
to me i i did it for several times, i have a friend in my neighbor i usually exchange my bitcoin with him when i feel the need and some time he also do so, i think it is the most simplest and trusted method to do so.

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December 14, 2016, 09:49:36 AM
 #78

I've been using BTC for a while. I've been using it at exchanges, to trade altcoins and to order goods over the Internet, but I've never exchanged BTC with someone in front of me. At a store or between friends, or family. This despite having had long conversations about BTC with various kinds of people, and attending a few meetups.

Who has exchanged BTC F2F?
 
I always sell my bitcoin to my friends and for those who already knew about bitcoin but i always put 10% of the original price from preev.com sometimes i use legit exchanger website to sell up my bitcoin but it is really good when you are going to deal with a person face to face.
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December 14, 2016, 09:57:08 AM
 #79

I haven't done any exchange btc face to face, because in my country i have facility where i can exchange my btc into local currency, they are very secure and prompt people. I have been exchanging to them more than year as i don't have any problem with them. Till now i din't find any person personally needs bitcoin in my local area.


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December 14, 2016, 10:24:36 AM
 #80

I have been exchanging my bitcoin through face to face transaction when ever i need any cash. Really i am not selling much bitcoins through face to face because there may be some violation. Once the government know that we are selling bitcoins through face to face definitely they will keep us in jail. Face to face exchange should be always confidential even though we make good money.
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