too good to be real?

[Lumapet]

can be this truth ? https://localbitcoins.com/ad/132289/cash-out-your-bitcoins-cash-deposit-boa-wells-fargo-citi-bank-e-commerce-bank i mean hes paying the bitcoin really over the bitstamp price

[1714143596]

1714143596

[1714143596]

1714143596

[1714143596]

1714143596

[Cryptology]

If it is too good to be true then it probably isn't. LBC escrow is used a lot by scammers these days.

[olocun]

If it is too good to be true then it probably isn't. LBC escrow is used a lot by scammers these days.

how you can scam with LBC ? its not secure place anymore?

[Cryptology]

If it is too good to be true then it probably isn't. LBC escrow is used a lot by scammers these days.

how you can scam with LBC ? its not secure place anymore?

That's pretty easy. Scammer will ask you to send to escrow and then fake a payment, open a controversy and lead LBC customer support to release escrow. And then you're scammed.

[olocun]

If it is too good to be true then it probably isn't. LBC escrow is used a lot by scammers these days.

how you can scam with LBC ? its not secure place anymore?

That's pretty easy. Scammer will ask you to send to escrow and then fake a payment, open a controversy and lead LBC customer support to release escrow. And then you're scammed.

holy shit , easy like paypal? ._.

[haploid23]

Use your common sense. That guy created a LBC account a day ago, and looking to trade for several thousands. You also have to fund escrow before the trade starts, so have you considered that he can just lock up your BTC for days? Sure he might be banned afterwards, but it's not hard to make another account with ZERO trades.

[Lumapet]

i don't know but i used to think that lbc was a secure place to buy and sell btc but i believe that the worst thing that can happen is that lbc hold the btc for a few days i don't think that they are going to give them to the buyer ..

[FattyMcButterpants]

Use your common sense. That guy created a LBC account a day ago, and looking to trade for several thousands. You also have to fund escrow before the trade starts, so have you considered that he can just lock up your BTC for days? Sure he might be banned afterwards, but it's not hard to make another account with ZERO trades.

Not only this but you have to remember the fact that there is always the chance that something will go wrong with the LBC escrow service (either he attempts to hack your account, you accidentally release escrow, or something happens internally) that releases escrow to him. You also need to take into consideration the fact that he may deposit counterfeit bills into your bank account or do something else that would allow him to reverse the transaction

[Jamacn]

why is localbitcoins' price always higher than markets much?

[segvec]

Too good to be true.
Definitively do not do it...

[neo_blaster]

These r good i think

I also buyed some btc from there

[Cryptology]

why is localbitcoins' price always higher than markets much?

because it is a cove of scammers.

[sgk]

can be this truth ? https://localbitcoins.com/ad/132289/cash-out-your-bitcoins-cash-deposit-boa-wells-fargo-citi-bank-e-commerce-bank i mean hes paying the bitcoin really over the bitstamp price

haploid and Fatty have posted reasonably plausible explanations above.

If you really want to make authenticate transaction, offer the buyer to meet in a public place, accept cash payment directly over the table and transfer Bitcoins to him during the meeting.

[ssjgoku4]

he is a scam no one will buy for the market rate there

[themys]

If I was you, I would'nt do that.
Too good to be real.