Beware of LocalBitcoins.com

[BurtW]

My wife has flooded every press outlet she can find with our story to no avail.  Not one single story yet.

[Quickseller]

My wife has flooded every press outlet she can find with our story to no avail.  Not one single story yet.

What about the one regarding CAMP.BX being charged with selling bitcoin to people paying for ransomware while various police departments have themselves paid for such ransom? IMO, that is a new level of ridiculous.

Just because it isn't your story that you are getting out there to elicit change doesn't make the change you are looking for any less good.

The public details in your case were very scarce, which caused a lot of speculation and conjecture to be done by people on the forums. Most news outlets are going to want to be able to independently verify facts they are presenting. There appear to be more relevant details available in the CAMP.BX case

[butdabass]

really good awarness and good analytical for a super busy website. may be you have safe some people for make mistake on LocalBitcoins.com

[BurtW]

Yup, this is exactly what I have in mind everytime I hang up on someone when they mention ransomware. It's a shame they destroyed coin.mx like that, it was my favorite bitcoin exchange in the world, and they were very legitimate. The government ruined a legitimate bitcoin exchange for a single ransomware call, without that they had no case.

How about all the drugs police have bought and sold? All the guns they have given to Al-Qaeda and now ISIS? There is an extreme double standard. I think they go with the ransomware sting because they know it pulls heart strings and they are more likely to succeed.

If you have enough experience selling Bitcoin it is fairly easy to detect who is a real customer and who isn't, so many red flags the past couple of days it was sickening. I am disgusted our country is paying all these people to go after bitcoin dealers.

According to the charges the main issue was that they did not get a license.  This is the same thing I was charged with.  I argued that I was not running a business, they claimed I was, and after about $300,000 cost to me we basically agreed to disagree on that point.  However, I think that coin.mx would have a very difficult time arguing that they were not a business - because they obviously were.  Also they have the owner evidently stating that yes, he was totally aware of the fact that he was required to have a license yet he chose not to get one.  The whole ransomware thing appears to be just one of the charges "added on" to give them more to talk about and charge him with.  This is just like in my case.  They seem to think that just the 1960 charge (operating a MTB without a license, 5 years, $250,000) is not enough or not sexy enough so they added on a unfounded, untrue accusations on top of the basic charge in order to "flush out" the document.

[tonycamp]

well if you put things that way it can be true the local bit its a site not fully worth but in my figures i got trust there in both sides soo i do keep up a bit my business there

[BurtW]

well if you put things that way it can be true the local bit its a site not fully worth but in my figures i got trust there in both sides soo i do keep up a bit my business there

If you are not in the United States of Martial Law ("Patriot" act) then localbitcoins.com is a safe, easy and convenient way to trade Bitcoins.

[BurtW]

Here are the 186 ($42,222.00 as of this posting) Bitcoins taken from me by Homeland Security:

https://blockchain.info/address/1Eu38i1DkRAPAJhSqbseVroJDpMRfJbAx3

I am sure you guys can come up with some creative, interesting, fun ideas to do with this information.

[chanlance]

DO YOU PEOPLE STILL FEEL THE SAME ABOUT LOCAL BITCOINS AND ITS SCAMMERS......THOUGHT THEY HAVE STEEPED UP THEIR GAME

[BurtW]

DO YOU PEOPLE STILL FEEL THE SAME ABOUT LOCAL BITCOINS AND ITS SCAMMERS......THOUGHT THEY HAVE STEEPED UP THEIR GAME

I never got ripped of by people just buying or selling through localbitcoins.  Sure, some people tried to scam me on localbitcoins.  That is expected.  Exactly the same thing as on Craig's list.  There is always some lazy ass who thinks it is easier to try to take what is not theirs.

However, the real problem with localbitcoins in the United States under the current martial law is the GOVERNMENT.  They are the real lazy ass scammers with guns, laws and prison that you need to watch out for.

People tried some interesting ways to scam me but got zero.

Government scammed me out of over $80,000 and on top of that I ended up paying over $200,000 in legal fees and other expenses.

If you live in the Boulder area stop by for great music, good food, good beer and a short talk by yours truly concerning my case between the two bands:

https://www.dropbox.com/s/4wjj00pq83nn33d/Oct%2011%20Fundraiser%20and%20Celebration.pdf?dl=0

For more information about my case:

www.burtw.com
www.jmwagner.com

Homeland Security agents and their confidential informants, cooperating witnesses and local law enforcement minions are welcome to join us but for them there will be a very large cover charge.