[ANN] LocalBitcoins.com - a location-based bitcoin to cash marketplace - page 27.

DannyHamilton

legendary

Activity: 3514

Merit: 4895

Quote from: TheButterZone on March 24, 2013, 05:58:32 PM

Same here. I don't ever want to lock a price or use the escrow, so I will always have 0% feedback. If my trading partner is on OTC too, then my linked ratings on LB will pick up their rating.

Yeah, unfortunately none of the trading partners I've dealt with so far have been on OTC. It's mostly newbies just trying to figure out how to simply get some bitcoins and avoid some of the fees and hassle of BitInstant.

I understand that LocalBitcoins needs a way to earn revenue, so I can see why they would require a payment (such as the escrow fee) to participate in their rating system. It would be nice though if I could pay a small fee for a membership that allows me to provide feedback when I don't use escrow.

TheButterZone

legendary

Activity: 3038

Merit: 1032

RIP Mommy

Quote from: DannyHamilton on March 24, 2013, 04:05:10 PM

Quote from: molecular on March 24, 2013, 02:59:37 PM

Quote from: DannyHamilton on March 23, 2013, 08:51:56 PM

I'm getting a little tired of buyers that make contact with me, offer to purchase bitcoin, agree on a time and location to meet, and then never show up.

It costs me time and money (gasoline) to drive to the meeting location and wait around for someone who never shows.

Why don't they show up? Because the price has dropped?

If that's the case, why not make the price on the spot instead of using the locked-in price?

EDIT: Sorry, just read you're offering that.

What jerks to not even cancel the deal and just not show up...

I agree. I've actually had more no-shows than actual deals.

Equally frustrating is that when someone agrees to a deal denominated in fiat, and agrees to using the spot price at the time of the deal, there is no way to leave feedback letting others know that they are trustworthy and reliable. I can't use the LocalBitcoins.com "escrow" service on a floating price if the customer wants a specific fiat value of bitcoin (example: if they want exactly $100 worth of bitcoin regardless of exchange rate). So after the deal is done, I have to cancel it on LocalBitcoins.com and can't leave any feedback.

So there are several great customers that continue to have 0 feedback, and several unreliable imbeciles that have the same feedback.

Same here. I don't ever want to lock a price or use the escrow, so I will always have 0% feedback. If my trading partner is on OTC too, then my linked ratings on LB will pick up their rating.

molecular

donator

Activity: 2772

Merit: 1019

Quote from: justusranvier on March 24, 2013, 04:31:38 PM

With the exchange rate being so volatile we need a way to making sell orders that lock in the formula, but not the actual exchange rate, until the funds are released.

yes, +1. It's been suggested before and I think kangasbros was not opposed.

2weiX

legendary

Activity: 2072

Merit: 1006

this space intentionally left blank

Quote from: justusranvier on March 24, 2013, 04:31:38 PM

With the exchange rate being so volatile we need a way to making sell orders that lock in the formula, but not the actual exchange rate, until the funds are released.

woot

x2

justusranvier

legendary

Activity: 1400

Merit: 1013

With the exchange rate being so volatile we need a way to making sell orders that lock in the formula, but not the actual exchange rate, until the funds are released.

DannyHamilton

legendary

Activity: 3514

Merit: 4895

Quote from: molecular on March 24, 2013, 02:59:37 PM

Quote from: DannyHamilton on March 23, 2013, 08:51:56 PM

I'm getting a little tired of buyers that make contact with me, offer to purchase bitcoin, agree on a time and location to meet, and then never show up.

It costs me time and money (gasoline) to drive to the meeting location and wait around for someone who never shows.

Why don't they show up? Because the price has dropped?

If that's the case, why not make the price on the spot instead of using the locked-in price?

EDIT: Sorry, just read you're offering that.

What jerks to not even cancel the deal and just not show up...

I agree. I've actually had more no-shows than actual deals.

Equally frustrating is that when someone agrees to a deal denominated in fiat, and agrees to using the spot price at the time of the deal, there is no way to leave feedback letting others know that they are trustworthy and reliable. I can't use the LocalBitcoins.com "escrow" service on a floating price if the customer wants a specific fiat value of bitcoin (example: if they want exactly $100 worth of bitcoin regardless of exchange rate). So after the deal is done, I have to cancel it on LocalBitcoins.com and can't leave any feedback.

So there are several great customers that continue to have 0 feedback, and several unreliable imbeciles that have the same feedback.

molecular

donator

Activity: 2772

Merit: 1019

Quote from: DannyHamilton on March 23, 2013, 08:51:56 PM

I'm getting a little tired of buyers that make contact with me, offer to purchase bitcoin, agree on a time and location to meet, and then never show up.

It costs me time and money (gasoline) to drive to the meeting location and wait around for someone who never shows.

Why don't they show up? Because the price has dropped?

If that's the case, why not make the price on the spot instead of using the locked-in price?

EDIT: Sorry, just read you're offering that.

What jerks to not even cancel the deal and just not show up...

DannyHamilton

legendary

Activity: 3514

Merit: 4895

Quote from: SolarSilver on March 24, 2013, 11:51:50 AM

I guess as an option after 'cancel deal' you could leave standardized feedback, with an option of

. No show
. Did not have enough funds
. Turned out to to be IRS employe
. Free text field.

Yes, that would help a lot.

Quote from: SolarSilver on March 24, 2013, 11:51:50 AM

Bad customers would of course get around the problem by creating a new account each time

True, at least it would inconvenience them a bit, but not very much.

Quote from: SolarSilver on March 24, 2013, 11:51:50 AM

But I guess it mostly happens when people shop around, they place an order today at EUR 55 / BTC, then agree to meet you in
two days for payment. Then tomorrow, they place an order during the EUR 40 / BTC dip and decide to go with that seller. And don't bother to cancel you earlier appointment

My ads specifically state that I am willing to do the transaction at the exchange rate at the time of the transaction, and I offer exchanges at MtGox "Ask" price, with no commission/fee. I highly doubt they are finding a better deal anywhere else. They are probably just curious about the process and thinking about the possibility of owning some bitcoin. They probably aren't thinking about the fact that they are dealing with a real person who has other things to do, and that they are being quite inconsiderate as they try out the process without any real commitment to an actual purchase. Much like a person might walk into a shop to look around, and then leave without purchasing anything.

SolarSilver

legendary

Activity: 1112

Merit: 1000

Quote from: DannyHamilton on March 23, 2013, 09:12:17 PM

I understand that no-shows are just going to be a part of the process, but it would be nice if we could leave feedback warning others. Then If someone contacts me for bitcoin and I see multiple feedback comments stating that they were a no-show, I can let them know that I expect them to travel to me based on their history. I won't make arrangements to meet somewhere that they claim is convenient for them.

I guess as an option after 'cancel deal' you could leave standardized feedback, with an option of

. No show
. Did not have enough funds
. Turned out to to be IRS employe
. Free text field.

Bad customers would of course get around the problem by creating a new account each time

But I guess it mostly happens when people shop around, they place an order today at EUR 55 / BTC, then agree to meet you in
two days for payment. Then tomorrow, they place an order during the EUR 40 / BTC dip and decide to go with that seller. And don't bother to cancel you earlier appointment

giszmo

legendary

Activity: 1862

Merit: 1114

WalletScrutiny.com

Quote from: DannyHamilton on March 23, 2013, 09:12:17 PM

Quote from: slothbag on March 23, 2013, 09:06:32 PM

Get buyers to leave a small deposit?

I'm meeting up for cash exchange. How do I collect the deposit before I meet with them?

I suppose if they already have some bitcoin and just want more bitcoin, they can send a bitcoin deposit? That seems awkward.

I understand that no-shows are just going to be a part of the process, but it would be nice if we could leave feedback warning others. Then If someone contacts me for bitcoin and I see multiple feedback comments stating that they were a no-show, I can let them know that I expect them to travel to me based on their history. I won't make arrangements to meet somewhere that they claim is convenient for them.

+1

DannyHamilton

legendary

Activity: 3514

Merit: 4895

Quote from: slothbag on March 23, 2013, 09:06:32 PM

Get buyers to leave a small deposit?

I'm meeting up for cash exchange. How do I collect the deposit before I meet with them?

I suppose if they already have some bitcoin and just want more bitcoin, they can send a bitcoin deposit? That seems awkward.

I understand that no-shows are just going to be a part of the process, but it would be nice if we could leave feedback warning others. Then If someone contacts me for bitcoin and I see multiple feedback comments stating that they were a no-show, I can let them know that I expect them to travel to me based on their history. I won't make arrangements to meet somewhere that they claim is convenient for them.

slothbag

sr. member

Activity: 369

Merit: 250

Get buyers to leave a small deposit?

DannyHamilton

legendary

Activity: 3514

Merit: 4895

I'm getting a little tired of buyers that make contact with me, offer to purchase bitcoin, agree on a time and location to meet, and then never show up.

It costs me time and money (gasoline) to drive to the meeting location and wait around for someone who never shows.

I'd like to be able to leave negative feedback warning other sellers that a particular buyer has a reputation as a no show, but unfortunately as far as I can tell, there is no way to leave feed back unless I first "release funds". Any time I "release funds" it is because the transaction went well, so obviously the feedback is positive. There really needs to be a way for someone with an ad to leave feedback on the people who become contacts via that ad, so that others with ads know what to expect if/when they are contacted by the same person.

kangasbros

hero member

Activity: 812

Merit: 1006

Quote from: Blank on March 22, 2013, 06:29:06 AM

Im new to Localbitcoins but so far have found it very useful for both buying and selling coins in the UK.

Question:
If i put up an online ad for people to buy coins from me, and i get too many orders in a short amount of time is it possible for me to be short on the amount of BTC required.
i.e i have 10 BTC in my wallet and someone requests a 9 BTC trade, moments later another person requests a 10 BTC trade. Will the site tell the 2nd person only 1BTC is available or would that be my job to message the buyer.

Thanks

The online feature works in a way where bitcoins are automatically taken from your wallet. When your wallet has less than 1 BTC, the ad will change to disabled state.

Blank

newbie

Activity: 43

Merit: 0

Im new to Localbitcoins but so far have found it very useful for both buying and selling coins in the UK.

Question:
If i put up an online ad for people to buy coins from me, and i get too many orders in a short amount of time is it possible for me to be short on the amount of BTC required.
i.e i have 10 BTC in my wallet and someone requests a 9 BTC trade, moments later another person requests a 10 BTC trade. Will the site tell the 2nd person only 1BTC is available or would that be my job to message the buyer.

Thanks

kangasbros

hero member

Activity: 812

Merit: 1006

Things are slowly moving forward. Couple of new features:

- Online "cash out" ads, or sell ads. You can add possibility for "cash out", for example with paypal. Obviously reputation matters in these deals hugely.
- Now if you choose "SEPA" option for online ad, it will show in the whole EU automatically.

Our next focus will be improving the reputation system and trying to implement some way against spammy ads etc.

kangasbros

hero member

Activity: 812

Merit: 1006

Quote from: bitcats on March 13, 2013, 04:19:04 AM

Quote from: kangasbros on March 11, 2013, 03:33:36 PM

Currently many of the location searches are not working, I'm trying hard to fix them.

A seller/buyer search would be fine.

You can just use localbitcoins.com/p//, for example localbitcoins.com/p/kangasbros <- my profile

bitcats

legendary

Activity: 1015

Merit: 1001

Quote from: kangasbros on March 11, 2013, 03:33:36 PM

Currently many of the location searches are not working, I'm trying hard to fix them.

A seller/buyer search would be fine.

sironitomas

newbie

Activity: 26

Merit: 0

Quote from: kangasbros on March 07, 2013, 03:22:16 AM

Quote from: sironitomas on March 06, 2013, 10:04:52 PM

But that's not what happened. Those extra coins are somewhere in localbitcoins but not in my wallet. I don't know how to get them back.

Any advice? Thanks

Hi, the case is now resolved. The temporary wallet over-fundings were automatically returned if they were cancelled, but in this case the the escrow was resolved and the funding hit the wallet after that. We'll fix this special case to automatically return the bitcoins to seller from the temporary wallet.

I can confirm that the issue has been resolved and the coins returned to me. Thanks.

kangasbros

hero member

Activity: 812

Merit: 1006

Quote from: OpenYourEyes on March 11, 2013, 02:28:42 PM

I was trying to sell 1BTC earlier (online bank transfer with escrow), I filled out the form correctly as I usually do but my advertisement always says I have no BitCoins or I'm on vacation. (I had 1.01 in my wallet).
So I topped up my balance to 2BTC, and then tried again to sell 1BTC, but still the same thing.

Is there a minimum for selling online using escrow?

Hi, the minimum is 2 BTC, it will soon be changed to 1 BTC.

Currently many of the location searches are not working, I'm trying hard to fix them.

Topic: [ANN] LocalBitcoins.com - a location-based bitcoin to cash marketplace - page 27. (Read 126170 times)