[ANN] LocalBitcoins.com - a location-based bitcoin to cash marketplace

[dadach]

i registered today, deposited 0.1, when i tried to create another address for depositing more BTC, the whole thing crashed and now i cant log in anymore...nice lol

[ReBoRn]

i registered today, deposited 0.1, when i tried to create another address for depositing more BTC, the whole thing crashed and now i cant log in anymore...nice lol

you must contact them throw support they will fix this all its very nice site and have good support team

[yefi]

i registered today, deposited 0.1, when i tried to create another address for depositing more BTC, the whole thing crashed and now i cant log in anymore...nice lol

Yeah, I managed to post my first ad and sell my first coin there, and now I can't log in either. Keeps throwing event IDs. Hardly inspires confidence

[beatcoin007]

It looks not quite reliable.

[SebastianJu]

Is localbitcoins broken? I tried to find traders for cash transfers. When i want to contact him i have to set up values. BTC or EUR in order to proceed. But when i do this i get told i dont have bitcoins at localbitcoins address. Even though i want to exchange cash...

[SebastianJu]

No answer. Not cool when in need of cash.

[Ente]

Is localbitcoins broken? I tried to find traders for cash transfers. When i want to contact him i have to set up values. BTC or EUR in order to proceed. But when i do this i get told i dont have bitcoins at localbitcoins address. Even though i want to exchange cash...

I only did cash trades, and always had sufficient BTC on the site, to be able to react quick.
However, localbitcoins state themselves that you are free to do transactions without the site, directly. You then don't have 1% fee. That only makes sense when you don't have to have the bitcoins on the site..
Weird. I believe their mailsupport is quicker than waiting for a reply in this thread.

Ente

[UPENtXF]

Is there any place that charts the LocalBitcoins CNY-BTC trading, the way Bitcoincharts used to show LocalBitcoins USD?

[SebastianJu]

What the... i cant believe it. I sent bitcoins to localbitcoins only to be able to contact a buyer of bitcoins i want to trade in cash. Without that i would not been able to contact him. Since he doesnt answer i wanted to contact another buyer but now my previous bitcoin amount is gone. Stuck with the previous buyer. I now have to upload another 4.31 bitcoins only to contact another buyer.

Sorry. Localbitcoins is dead for me now. This is so stupid... sorry. This website once was ok but that is too stupid. And i dont see a way how to get the previous bitcoins out again. At least i cant imagine how my bitcoins can get lost since i want cash. But if i really get useless USD for my Bitcoins only because localbitcoins wants some fee (or whatever they think handling it this way) then i will be really angry. I only wanted to contact the buyer with the least bitcoins to upload. I dont need USD at all.

Any alternative to localbitcoins?

By the way... the website is totally broken in FF 26.

[UPENtXF]

Any alternative to localbitcoins?

http://bitcoin-otc.com/

[SebastianJu]

Any alternative to localbitcoins?

http://bitcoin-otc.com/

I dont see how i could search for my location to find a local exchanger. The website seems to be for trades over internet but i need cash and want to buy in person.
I can ask in the thread but i doubt that there will be an exchanger near to me then.

[UPENtXF]

Any alternative to localbitcoins?

http://bitcoin-otc.com/

I dont see how i could search for my location to find a local exchanger. The website seems to be for trades over internet but i need cash and want to buy in person.
I can ask in the thread but i doubt that there will be an exchanger near to me then.

You are right - bitcoin-otc is a pain, and has much less liquidity. It was made long before Localbitcoins.

What about meet-ups of bitcoiners in your area? Are there any meetup.com bitcoin groups, or Buttonwood exchanges, or something like Craigslist?

Perhaps, if you can find even a merchant who accepts btc, they will give you paper for it.

[BurtW]

What the... i cant believe it. I sent bitcoins to localbitcoins only to be able to contact a buyer of bitcoins i want to trade in cash. Without that i would not been able to contact him. Since he doesnt answer i wanted to contact another buyer but now my previous bitcoin amount is gone. Stuck with the previous buyer. I now have to upload another 4.31 bitcoins only to contact another buyer.

Sorry. Localbitcoins is dead for me now. This is so stupid... sorry. This website once was ok but that is too stupid. And i dont see a way how to get the previous bitcoins out again. At least i cant imagine how my bitcoins can get lost since i want cash. But if i really get useless USD for my Bitcoins only because localbitcoins wants some fee (or whatever they think handling it this way) then i will be really angry. I only wanted to contact the buyer with the least bitcoins to upload. I dont need USD at all.

Any alternative to localbitcoins?

By the way... the website is totally broken in FF 26.

First, you can contact any buyer or seller and not lose your BTC or USD.  If you want to contact a BTC seller just open a contract for any amount and start sending messages.

To contact a BTC buyer simply open up a contract for the minimum amount they will accept and start sending messages.  People do this all the time.

Now that you are done talking (or they do not respond) you should be able to simply cancel the contract and get your BTC back.

Let me know if that does not work.  It should.

I use localbitcoins all the time.  It is a great site.  I have never had any issues with it at all so I am very surprised you are having an issue.

[UPENtXF]

I use localbitcoins all the time.  It is a great site.  I have never had any issues with it at all so I am very surprised you are having an issue.

+1

[SebastianJu]

What the... i cant believe it. I sent bitcoins to localbitcoins only to be able to contact a buyer of bitcoins i want to trade in cash. Without that i would not been able to contact him. Since he doesnt answer i wanted to contact another buyer but now my previous bitcoin amount is gone. Stuck with the previous buyer. I now have to upload another 4.31 bitcoins only to contact another buyer.

Sorry. Localbitcoins is dead for me now. This is so stupid... sorry. This website once was ok but that is too stupid. And i dont see a way how to get the previous bitcoins out again. At least i cant imagine how my bitcoins can get lost since i want cash. But if i really get useless USD for my Bitcoins only because localbitcoins wants some fee (or whatever they think handling it this way) then i will be really angry. I only wanted to contact the buyer with the least bitcoins to upload. I dont need USD at all.

Any alternative to localbitcoins?

By the way... the website is totally broken in FF 26.

First, you can contact any buyer or seller and not lose your BTC or USD.  If you want to contact a BTC seller just open a contract for any amount and start sending messages.

To contact a BTC buyer simply open up a contract for the minimum amount they will accept and start sending messages.  People do this all the time.

Now that you are done talking (or they do not respond) you should be able to simply cancel the contract and get your BTC back.

Let me know if that does not work.  It should.

I use localbitcoins all the time.  It is a great site.  I have never had any issues with it at all so I am very surprised you are having an issue.

Yes... it appears i dont lose the BTC. But i have to upload them. Im not sure what happens if i cancel a trade before getting an answer. Can the other party answer then still? If not i would need to upload as many bitcoins as needed to meet the minimum exchange value of each trader only to get in touch with them. That wasnt the case a year ago or so.

Any amount isnt possible. You need at least to meet the minimum trading. If a user trades 2000-5000 then you need to upload bitcoins for 2000 fiat. Only to get in touch.

I cancelled now. And i could send them back to my wallet.

I guess its a great site if you would need the bitcoins at the website anyway. Because you want to use SEPA or similar things. But only to being able to contact traders to exchange bitcoins and cash in person you need to upload bitcoins in the height of each traders minimum trading volume? Im not convinced.

You are right - bitcoin-otc is a pain, and has much less liquidity. It was made long before Localbitcoins.

What about meet-ups of bitcoiners in your area? Are there any meetup.com bitcoin groups, or Buttonwood exchanges, or something like Craigslist?

Perhaps, if you can find even a merchant who accepts btc, they will give you paper for it.

Nothing like that here. I know one trader in my target city but he doesnt have enough fiat now. Looks like i have to use my bank account then as alternative.

Anyway... i liked localbitcoins when i simply could contact traders without the need of uploading many bitcoins... at least there is no risk that the coins vanish because the other trader accepts "the offer" even though it might be for a wrong currency or for a wrong value.

[BurtW]

...at least there is no risk that the coins vanish because the other trader accepts "the offer" even though it might be for a wrong currency or for a wrong value.

This cannot happen because you have to release them once you are satisfied you have the money for the contract - usually during the face to face meeting.

[SebastianJu]

...at least there is no risk that the coins vanish because the other trader accepts "the offer" even though it might be for a wrong currency or for a wrong value.

This cannot happen because you have to release them once you are satisfied you have the money for the contract - usually during the face to face meeting.

I guess you overread my "at least there is no risk...".

[Jcw188]

I'm interested in buying a small amount of btc in Boston, MA.  For cash.  Is this site a good option? I assume I meet the person and give cash. But how do I know they will then send btc an not just disappear?

[DannyHamilton]

I'm interested in buying a small amount of btc in Boston, MA.  For cash.  Is this site a good option? I assume I meet the person and give cash. But how do I know they will then send btc an not just disappear?

Don't let them leave until you are sure you have the bitcoins.

I mean, if they pull a gun it would be best not to risk your life, but in general, you prevent them from leaving with the cash the same way you would if you were meeting up to sell anything else.  If they take the cash and don't immediately release the bitcoins to you, shout thief, call the cops, etc.  They've got your cash and clearly have provided you with nothing in return.  I haven't had any such issues yet after a few hundred exchanges, so I'm not typically very concerned about it.

If you are meeting in a populated public place, there aren't too many people who are going to go to all the trouble of setting up an exchange at a website just to take the cash and run.  It would be easier, faster, and more profitable for them just to go to that same public place on their own, wait for the cashier to open the cash register, reach across the counter and grab a handful of cash, and then run.

[dscotese]

I've received several emails from localbitcoins indicating that someone requested that my password be reset.  I did not make such a request until tonight when I found that I was unable to log in.  Has anyone heard of this?  I've been logging in with the same password (and two-factor authentication) for longer than I care to admit, so I know I'm not mistyping the password, and caps lock was not on.

Here's the weird part:  When I DID request the password change, I didn't get an email.  I still haven't gotten an email.  I created a new account with a different email address and got the verification email.  Then I used that new account to try the password-reset function, and I didn't did get an email for the new one.

I suspect my account might be flagged (I hope!) and that is why I am not getting the password reset email.

Any insights would be appreciated!

Dave Scotese.