giszmo
Legendary
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Activity: 1862
Merit: 1105
WalletScrutiny.com
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August 27, 2014, 05:23:36 AM |
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Quick reminder:
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ɃɃWalletScrutiny.com | Is your wallet secure?(Methodology) WalletScrutiny checks if wallet builds are reproducible, a precondition for code audits to be of value. | ɃɃ |
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The block chain is the main innovation of Bitcoin. It is the
first distributed timestamping system.
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Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
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TheButterZone
Legendary
Offline
Activity: 3052
Merit: 1031
RIP Mommy
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August 27, 2014, 05:31:11 AM |
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Quick reminder: Don't feed trolls love juice?
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Saying that you don't trust someone because of their behavior is completely valid.
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dscotese
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September 26, 2014, 04:18:52 AM |
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I had my account hacked on localbitcoins and I can see that the bitcoins that were left are still in the localbitcoin wallet and all they do is ignore my emails to give me back my account. They are trying to steal my bitcoins without any shame doing so.
First, Gladoux, can you explain how that part I bolded was accomplished? LBC moves deposited coins within several minutes of the deposit, so there's no way to know if they still control them, or whose account they are in if they do, by examining the blockchain, unless there is a comprehensive list of all addresses that LBC owns. Is there? Anyway, I suspect that LBC ignores emails from addresses that are not assigned to their customers. If I were LBC, I'm pretty sure that rule would be created pretty early. Or maybe they didn't ignore the email, but wanted to wait for more evidence that the sender was the original owner of the account. If your account has been compromised, it is reasonable to assume that other accounts of yours (like email) may also have been compromised. Glandoux and LBC can both improve their operations: - Glandoux could put a little more effort into giving LBC the benefit of doubt. In the first post about the problem, he called them thieves.
- (Maybe) Gladoux could improve his method of protecting his LBC account.
- LBC can keep a history of old email addresses whenever a customer changes their email address (I'm guessing they don't).
- LBC can establish policy on handling claims of hacked accounts and let everyone know about it.
- LBC should have a hidden set of hoops that a customer must go through in order to prove they are the actual owner once someone makes the claim that their account has been hacked.
A simple protocol would be to sign something with a private address to which some bitcoins have previously been sent, or which has been established earlier (when the account was not compromised) as the account holder's signing address. I am interested in helping LBC establish that "hidden set" if they are interested. Some of my ideas can be found in the archives of my mailing list ( there's a link at the top of my LBC profile of the same username). LBC, please feel free to contact me if you think my ideas might be worth exploring. I think your business has the potential to replace the three credit reporting agencies in the US, if not other government-privileged holders of monopolistic services.
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TheProf
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September 30, 2014, 02:22:36 PM |
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No problem with localbitcoins.I love escrow there
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PowerCordZ
Member
Offline
Activity: 77
Merit: 10
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October 02, 2014, 01:38:08 PM |
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LocalBitcoins has always been my favorite place for selling btc. I only deal with reputed users and never had any problem.
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kaykawa
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October 04, 2014, 11:38:32 AM |
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Is a good site, but the fee is a bit high.. the resellers price too. (in my country).
Maybe in us, it's cheap.
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BurtW
Legendary
Offline
Activity: 2646
Merit: 1136
All paid signature campaigns should be banned.
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October 04, 2014, 02:36:31 PM |
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The fee is 1%, paid by the advertiser. That is fair, keeps them in business and not too high as far as most people are concerned.
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Our family was terrorized by Homeland Security. Read all about it here: http://www.jmwagner.com/ and http://www.burtw.com/ Any donations to help us recover from the $300,000 in legal fees and forced donations to the Federal Asset Forfeiture slush fund are greatly appreciated!
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Newar
Legendary
Offline
Activity: 1358
Merit: 1001
https://gliph.me/hUF
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October 04, 2014, 03:03:17 PM |
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At a 30 day volume (USD market only) of 15,691,563.59 USD you would hope they stay in business using a fee structure like that. :-)
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Zer0p0inT
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October 04, 2014, 03:06:28 PM |
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What would be the advantage of using localbitcoins as opposed to coinbase?
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SHITCOINS ARE THE FUTURE
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Mitchell
Copper Member
Legendary
Offline
Activity: 3920
Merit: 2198
Verified awesomeness ✔
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October 04, 2014, 03:09:29 PM |
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What would be the advantage of using localbitcoins as opposed to coinbase? No verification process. Some buyers may require it, but there are always some that don't. You have a bit more privacy on LBC then on CoinBase (and you can do face-to-face trades).
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Advertisements are not endorsed by me.
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akali
Newbie
Offline
Activity: 55
Merit: 0
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October 04, 2014, 07:35:28 PM |
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anyone know a alternative to locablitcoins. i dont feel like providing my checkings # to coinbase.
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akali
Newbie
Offline
Activity: 55
Merit: 0
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October 04, 2014, 07:43:27 PM |
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Don't feed trolls love juice? I thought that was food lol.
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dscotese
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October 05, 2014, 03:24:33 AM |
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The fee is 1%, paid by the advertiser. That is fair, keeps them in business and not too high as far as most people are concerned.
I think they charge the buyer 1% too. I downloaded my history to check and I see I did a local buy on 6/20 and got 1% less than I bought.
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Newar
Legendary
Offline
Activity: 1358
Merit: 1001
https://gliph.me/hUF
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October 05, 2014, 03:53:05 AM |
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Just the advertiser gets the fee, unless they changed it very recently and didn't update this: https://localbitcoins.com/fees
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Zer0p0inT
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October 05, 2014, 10:50:46 PM |
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What would be the advantage of using localbitcoins as opposed to coinbase? No verification process. Some buyers may require it, but there are always some that don't. You have a bit more privacy on LBC then on CoinBase (and you can do face-to-face trades). Sounds good. More privacy and faster transactions with LBC...
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SHITCOINS ARE THE FUTURE
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dscotese
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October 06, 2014, 05:12:04 AM |
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Oh that makes a lot more sense. I tested it by requesting a trade with myself, and I guess since I'm the advertiser, I got dinged on both sides. DOH!
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Soupulou
Member
Offline
Activity: 93
Merit: 10
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October 06, 2014, 10:01:36 AM |
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Oh that makes a lot more sense. I tested it by requesting a trade with myself, and I guess since I'm the advertiser, I got dinged on both sides. DOH! So the seller pays the whole fee? The buyer pays only the offered price?
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DannyHamilton
Legendary
Offline
Activity: 3388
Merit: 4653
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October 06, 2014, 11:57:52 AM |
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So the seller pays the whole fee? The buyer pays only the offered price?
No. The advertiser pays the whole fee. The customer pays only the listed price. If you create an ad to buy bitcoins then you will pay the 1% fee, and the seller that responds to your ad will receive your advertised payment. If you create an ad to sell bitcoins then you will pay the 1% fee, and the buyer that responds to your ad will pay your advertised price. Because the advertisers are generally aware of this fee, then typically adjust their advertisement to compensate themselves for the cost of the fee. As such, it is actually the customer that is indirectly paying the fee. An advertiser that wants to receive BitStamp+5% for the bitcoins that they are selling will typically sell on localbitcoins for BitStamp+6% to cover the costs of the fee. The fee is only charged if the transaction is completed using localbitcoins transaction service. If you meet the person face-to-face and the bitcoins are sent directly to the customer's wallet instead of going through the localbitcoins transaction service, then there is no fee charged.
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dscotese
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October 11, 2014, 07:44:24 PM |
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Site is down for me right now. Went down about 20 minutes ago.
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dscotese
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October 11, 2014, 07:57:53 PM |
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Looks like they just had to reenable their DDOS protection, which they did, so it's back up now.
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