Topic: [ANN] LocalBitcoins.com - a location-based bitcoin to cash marketplace - page 14. (Read 126230 times)

I cant reach any admins on the site, can one of the admins please pm me? I am having issues
Thanks

Hello kangasbros and all localbitcoins users!
Please check out review of your marketplace on BitcoinSites.Org

Not a place you want to trade if you use bank transfers. Reading their forum, it looks like getting scammed is almost guaranteed. Especially if SEPA transfers are involved. I did not know that SEPA transfer system is unreliable and makes it so easy for scammers to cancel transactions and reverse payments - taking your coin and your fiat too.

Has anyone seen a response to this because the problem still occurs?

I's up for me.

The site is down, what is the issue?

Message #666 in this thread deserves that number Really diabolic way to hack somebody.

Hm... doesnt sound like your hoster will have a fun time soon when you sue them... and i hope you can get out without a big financial loss...

I emailed this to the email address he used on my hosting account.  If that email address is unmonitored, perhaps he will study me enough to find it here:

He hacked his way into my hosting account by forging a government document and providing it to the hosting provider.  He then moved the nameservers so that email to the domain of my email address would go to his email server, and thus intercepted all my email.  Good call.

I figured this out last night with a support person from the host's host provider (I have a hosting account through one of their resellers).

Dave.

What mailprovider do you use? It happened in the past that accounts were hacked so that a copy were sent to another email address. With that someone could reset your pass and change email to his email. Or he somehow reads the email another way.

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.

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.

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?

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

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.

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.


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.

+1

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.

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.