It's good in theory but localbitcoins does that already and you can meet in person to do the transaction right then and there.
I hope you get some business though as we need more people buying selling and trading it to keep it growing.
As we see with Gox it is becoming too centralized.
I would like to help some people who are having trouble buying bitcoin by selling it for cash. I have noticed a lack of reputable people on these forums that offer a service like this, so I would like to help those who want to buy some btc.
Here is how it works, if you live in the United States, and want to buy bitcoin with USD, please send me a PM with how many btc you would like to buy for cash. I will respond with the how much you need to mail to me, and if accepted, will provide the address to send the money to. You mail the cash, and once received I will send the agreed upon btc to whatever address you provide.
Special Notes:
Price will be coinbase price + 5%
I accept USD or cashiers check, Western Union is also a possibility. Other forms of payment may be accepted, feel free to ask. I will not accept paypal though.
You will be given the agreed upon btc no matter what happens to the price during transit of the money. The btc and payment amount are set before any deal is made. I also need to have the money before any btc will be sent.
Refunds will not be provided, I am not a hedging service, and as such all sales are final.
It is highly recommended that you use tracking with any cash sent as I cannot be held responsible for any lost payments due to mail issues. It is also recommended that you wrap the cash in a piece of paper to make it less visible when held up to light.
I have a lot of good rep on this forum, and have many users who have left kind words and who would vouch for me. For these reasons I offer this service for people. To be able to buy from a trustworthy user who will insure you receive your btc.
If you have any questions please let me know and I will answer them to the best of my ability.
Thanks,
DebitMe
Yes I know about localbitcoin, but there are problems with that model too. There have been scams associated with using the escrow through the site, and you also still meet someone who may or may not be trustworthy. I have a proven history of being fair and have a lot of trust to show for it. This is ideal for the person who doesn't want to meet someone face to face for whatever reason.
Thank you for your kind words, I also hope that I get some business as I would like to see this expand and if there is enough interest, I may hire my friend who is a computer engineer to design and implement a website that would have a lot more functions and extras with it. But I have to start small and get a few orders first. Again, thank you for your kind words, hopefully I can do my part to get Bitcoin into the hands of more people, little by little.
