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Bitcoin Forum > Economy > Trading Discussion > What would be the safest method to buy btc from people instead of exchanges?
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btcekim (OP)
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December 31, 2013, 03:04:37 PM
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What would be the safest method to buy btc from people instead of exchanges? I will be looking for 1-2 daily and would like to know if there is a safe way to do this without paying high fees on exchanges. I already know about coinedup and localbitcoins. Thanks in advance.
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Every time a block is mined, a certain amount of BTC (called the subsidy) is created out of thin air and given to the miner. The subsidy halves every four years and will reach 0 in about 130 years.
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January 01, 2014, 02:52:28 PM
Last edit: January 01, 2014, 03:32:38 PM by Raghnar
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You kind of answered your own questions...localbitcoins and then bring cash and meet in a safe, public place and give them the money and get the bitcoin..simple.

You will probably pay more than the exchange rate though. If you are looking to find BTC to buy with cash and pay below market value, then that isn't easy...can be done, but it's hit or miss.
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