[ANN] LocalBitcoins.com - a location-based bitcoin to cash marketplace - page 34.

kangasbros

hero member

Activity: 812

Merit: 1006

Quote from: Stephen Gornick on December 24, 2012, 05:20:59 AM

Needed feature:

Since LocalBitcoins holds a wallet, then anyone with my username and password has access to my funds. Until LocalBitcoins supports a two-factor authentication (2FA, e.g., Google Authenticator) I won't be using the site for any funds except for a trivial amount.

If you do add 2FA. also any withdrawal (send) would require an OTP to be entered. Others might want to see 2FA required on login as well, but at a minimum if I have 2FA enabled for my account then each withdrawal (send) should require an OTP.

I'm working on it right now.

Stephen Gornick

legendary

Activity: 2506

Merit: 1010

Needed feature:

Since LocalBitcoins holds a wallet, then anyone with my username and password has access to my funds. Until LocalBitcoins supports a two-factor authentication (2FA, e.g., Google Authenticator) I won't be using the site for any funds except for a trivial amount.

If you do add 2FA. also any withdrawal (send) would require an OTP to be entered. Others might want to see 2FA required on login as well, but at a minimum if I have 2FA enabled for my account then each withdrawal (send) should require an OTP.

kangasbros

hero member

Activity: 812

Merit: 1006

Quote from: Progresso on December 22, 2012, 08:53:21 PM

Suggestion1: Make a page where you explain your fee structure. At the mopment it is a little bit hidden. I even could not find it for your new Escrow service

Suggestion 2: For the escrow service you have the following terms:

Terms
Buyer must complete the payment within an hour.

I believe it is impossible for a buyer to make a payment within an hour. The SEPA system does have an express payment option, meaning transfer within 24 hours, but as far as I know no guarantee it will be on the sellers account within an hour.

I would suggest you change this term to at least 24 hour or even better 48 hour.

Btw: I believe the new escrow service is a potential killer app.

Thanks for the suggestion - I will add the notification about fees etc. The fees are the same as for the transaction service, 1%.

For the term, I tried to mean that the buyer has to initiate the payment within 1 hour. Of course it would be impossible to seller see the payment within an hour. The banking system doesn't work that fast. Thanks for the tip, I will try to clarify these in the terms.

Progresso

member

Activity: 87

Merit: 10

Suggestion1: Make a page where you explain your fee structure. At the mopment it is a little bit hidden. I even could not find it for your new Escrow service

Suggestion 2: For the escrow service you have the following terms:

Terms
Buyer must complete the payment within an hour.

I believe it is impossible for a buyer to make a payment within an hour. The SEPA system does have an express payment option, meaning transfer within 24 hours, but as far as I know no guarantee it will be on the sellers account within an hour.

I would suggest you change this term to at least 24 hour or even better 48 hour.

Btw: I believe the new escrow service is a potential killer app.

Evolvex

full member

Activity: 179

Merit: 100

I'd advise everyone to not to accept bank transfers in the UK, I got a call this morning from my bank account saying the £340 deposit from the night before was fraudulent - I stupidly said it was for bitcoins (I hadnt had my morning coffee), she said she'd need to go away and speak to her manager. Shall see if I end up out of pocket (more than likely will Sad

).

so yeah, everyone be very careful with bank transfers.

For the record the user that got me was "cooperjoe1" - I made such an error of judgement with that one, dont do the same!

TheButterZone

legendary

Activity: 3038

Merit: 1032

RIP Mommy

I checked the buyer on WoT and he's not in there yet.

Thanks for the site regardless.

kangasbros

hero member

Activity: 812

Merit: 1006

And additionally for all our users, be very careful when using bank transfers. Localbitcoins.com hasn't been designed with bank transfers in mind in the first place, so we don't have infrastructure for it. Bank transfers can also be chargebacked/accounts frozen like with paypal or credit cards. There are some people using stolen bank accounts to purchase bitcoins from sellers.

Please also check the profile/feedback before selling.

kangasbros

hero member

Activity: 812

Merit: 1006

We will try to switch to SendGrid or some other email provider to combat the dropping email problem. We'll research it.

For leaving feedback without using the transaction service we recommend using bitcoin-otc - you can integrate your profile from there. While we would like to be able to develop things faster, the support is generating lots of work currently. So I can't promise any new features any time soon.

TheButterZone

legendary

Activity: 3038

Merit: 1032

RIP Mommy

Change email address [to my proper email]

Email address already in use!

Checked spam folder (I do this at regular intervals anyway to catch anything before it gets purged automatically). 2 messages from [email protected], which I just marked as not spam. The first and only two I've ever received. However, they were both from the same user regarding a single ad yesterday, and I still have another response to another ad from another user that's showing on the site created yesterday, that hasn't been received by email at all, not even in the spam folder.

chrisrico

hero member

Activity: 496

Merit: 500

Quote from: TheButterZone on December 18, 2012, 02:28:55 AM

Also not getting notified by email when ads are replied to.

Are you sure your email is properly configured? I get an email for every contact, and every message for that contact. I can also reply to the email to reply to the contact.

TheButterZone

legendary

Activity: 3038

Merit: 1032

RIP Mommy

Quote from: 2weiX on December 18, 2012, 02:22:23 AM

Quote from: chrisrico on December 17, 2012, 11:56:58 PM

Quote from: TheButterZone on December 17, 2012, 09:10:23 PM

Not sure if this has been mentioned already, but how do you leave a rating for someone who hasn't used the LocalBitcoins escrow? I just sent directly to a cash-in-hand buyer's address, but see no option for feedback, just a cancel deal button and send message box.

There is not currently a way to leave feedback without using escrow.

that really sucks.
really, really.

Also not getting notified by email when ads are replied to.

2weiX

legendary

Activity: 2072

Merit: 1006

this space intentionally left blank

Quote from: chrisrico on December 17, 2012, 11:56:58 PM

Quote from: TheButterZone on December 17, 2012, 09:10:23 PM

Not sure if this has been mentioned already, but how do you leave a rating for someone who hasn't used the LocalBitcoins escrow? I just sent directly to a cash-in-hand buyer's address, but see no option for feedback, just a cancel deal button and send message box.

There is not currently a way to leave feedback without using escrow.

that really sucks.
really, really.

chrisrico

hero member

Activity: 496

Merit: 500

Quote from: TheButterZone on December 17, 2012, 09:10:23 PM

Not sure if this has been mentioned already, but how do you leave a rating for someone who hasn't used the LocalBitcoins escrow? I just sent directly to a cash-in-hand buyer's address, but see no option for feedback, just a cancel deal button and send message box.

There is not currently a way to leave feedback without using escrow.

TheButterZone

legendary

Activity: 3038

Merit: 1032

RIP Mommy

Not sure if this has been mentioned already, but how do you leave a rating for someone who hasn't used the LocalBitcoins escrow? I just sent directly to a cash-in-hand buyer's address, but see no option for feedback, just a cancel deal button and send message box.

mrvision

sr. member

Activity: 527

Merit: 250

Suggestion: It would be cool to renderize a map with the average prices.

Ricochet

sr. member

Activity: 373

Merit: 250

Heyo, just wanted to pop in and say thanks for this service. I've come into some unexpected car trouble and needed to liquidate some of my Bitcoins, and LocalBitcoins has helped me a lot in that regard.

Out of curiosity, have you changed the fees for cancelling an ongoing trade in the past week or two? When I did my first trade last month I noticed a cancellation option but didn't need it since the trade went through successfully. A few days ago, another person I was selling to needed to change the withdraw address on-the-spot and I saw that it didn't charge me a fee to cancel the existing trade even though it had already been funded from my LocalBitcoins wallet.

pazor

legendary

Activity: 966

Merit: 1000

Quote from: jtibble on December 09, 2012, 04:46:30 PM

Hey Kangasbros,

I've got another suggestion. This is a bit more ambitious, but if you could consider it, I think it would add a lot of value to the local-bitcoin ecosystem.

I would like the ability, when creating an advertisement, to be able to specify what sorts of bitcoins I am willing to sell, to differentiate myself from other folks nearby who may only be selling digital bitcoins, and infrequently at that. For example, I'm willing to sell purely digital coins, but I can also provide physical bitcoins (from Casascius), or paper wallets to those who are interested. If, perhaps, sellers were able to tag their ads by type (digital/physical/paper), and buyers were able to filter the advertisements by type (digital/physical/paper), it would help promote physical bitcoin sales, in all its varied forms, by better-matching what people are looking for.

Cheers,
Jtibble

nice idea!

jtibble

newbie

Activity: 52

Merit: 0

Hey Kangasbros,

I've got another suggestion. This is a bit more ambitious, but if you could consider it, I think it would add a lot of value to the local-bitcoin ecosystem.

I would like the ability, when creating an advertisement, to be able to specify what sorts of bitcoins I am willing to sell, to differentiate myself from other folks nearby who may only be selling digital bitcoins, and infrequently at that. For example, I'm willing to sell purely digital coins, but I can also provide physical bitcoins (from Casascius), or paper wallets to those who are interested. If, perhaps, sellers were able to tag their ads by type (digital/physical/paper), and buyers were able to filter the advertisements by type (digital/physical/paper), it would help promote physical bitcoin sales, in all its varied forms, by better-matching what people are looking for.

Cheers,
Jtibble

kangasbros

hero member

Activity: 812

Merit: 1006

Quote from: jtibble on December 07, 2012, 01:28:01 AM

EDIT: Just found a small bug, too: When looking at my wallet's transaction history, the generated hyperlinks to the blockexplorer page are missing a /address/ in them. Thanks!

Thanks for the feedback. We will address these problems. We are doing a bigger update currently, which is not optimal situation for doing smaller enchancements, but we hope that it will be production-ready soon and we are able to do updates in smaller iterations.

Localbitcoins requires 3 confirmations for the incoming transfers currently.

jtibble

newbie

Activity: 52

Merit: 0

I'm in the middle of a transaction right now, and I have feedback on the process:

How many confirmations are needed to put bitcoins in the user's wallet if they decide to put bitcoins in there? Is there any point to doing this if you are trying to sell bitcoins for fiat, given that in the process you have to send the coins to a unique address, and not the one associated with your user account? Is there any documentation that says this, or could there be, perhaps on the "Your Wallet" page?

The transaction flow is very, very hard to follow, and "next steps" are virtually non-existent. I'm the buyer of bitcoins, and my friend the seller. When he contacted me to begin the exchange, it was not clear to him that he needed to fund the transaction from within the flow, and it wasn't clear to me that that's what was necessary either. My first thought was that if he put bitcoins in the wallet associated with his account, he could use those to begin the transaction process, but instead he had to send coins to a new, random address. What would have been infinitely better is if my "Transaction not funded" status message had instead said "Transaction not funded: Seller must send payment to temporary address to continue the transaction" so I would have been able to help him along, instead of fumbling for information. Additionally,
I didn't receive any emails until he had already funded that address with the amount of bitcoins he wanted to sell me. How am I to know that there are potential sales to be made if I don't compulsively check my dashboard for updates? Why didn't I receive an email when he first sent me a message, asking about the transaction?
If he had funded that address with more or less bitcoin than he was supposed to, what would have happened? That info is not available on my side of the transaction, so I really have no idea.
The text on that transaction page says "Both parties can cancel the trade at any time before release, no fees in case of cancelation", but I don't see a cancel button anywhere! I don't know how I would even go about cancelling the transaction in the "waiting for confirmations" step.
How many confirmations are needed until their funding of the transaction is "good enough", and why aren't they displayed in the "Spotted, waiting for confirmations..." blurb, like "Spotted, waiting for confirmations... 2/6 received"?
Why was I given a verification code, as a seller, before the transaction was even funded? Is that code not delivered to the seller until the transaction is fully confirmed? Can we have text below the "waiting for confirmations..." blurb that says something to that effect?
Once the seller's bitcoins are confirmed and my Transaction Status changes again, I assume that he will get an email with the confirmation code (because he told me that's what the page said), but I don't know this for sure. It would be nice to know, for every Transaction Status, what the next steps are in the process.

Thanks for your hard work on this project! I hope it continues to grow, and I also hope that my feedback was valuable.

Cheers,
Jtibble

EDIT: Just found a small bug, too: When looking at my wallet's transaction history, the generated hyperlinks to the blockexplorer page are missing a /address/ in them. Thanks!

Topic: [ANN] LocalBitcoins.com - a location-based bitcoin to cash marketplace - page 34. (Read 126170 times)