[ANN] LocalBitcoins.com - a location-based bitcoin to cash marketplace - page 9.

ntm124

full member

Activity: 163

Merit: 100

CRYPTO20

Quote from: kangasbros on June 07, 2012, 05:23:31 AM

The site: http://localbitcoins.com/

Features

- tries to resolve your location based on your IP, but you can also specify zipcode/postal code search
- anonymous by default, no email addresses shown. You decide afterwards if you accept the offer, and of course you can use throw-away email.
- specify your price using equation - makes it easy to make competitive pricing strategy
- transactions and reputation system. collect reputation via confirmed trades. It is possible to do the transaction on-the-spot with just an one device. Also it is possible to do the transaction with SMS message - quick and easy.

How to run a bitcoin cash exchange for fun and profit - guide

We also wrote a short tutorial for using the site: http://localbitcoins.com/cash_exchange_howto

Features under development

- better process for buyers/sellers
- better UI

Any suggestions are welcome! Especially feedback how well the location works for you, eg. how well your location is determined with the IP, etc.

sorry, are u the localbitcoins support

edgar

legendary

Activity: 1848

Merit: 1001

Quote from: gravitate on December 01, 2014, 06:13:33 AM

Get many scams on here?

only if you accept buys from randoms with no/fake ID & stolen bank details.

the money was in my account, but the bank 'stole' it back

bank, police & web owners said, too bad be more careful - fuckers!

other than that its pretty solid.

gravitate

legendary

Activity: 1372

Merit: 1000

Get many scams on here?

Mitchell

copper member

Activity: 3892

Merit: 2197

Verified awesomeness ✔

I apologize for the confusing. It is indeed #localbitcoins-chat.

edgar

legendary

Activity: 1848

Merit: 1001

Quote from: TheButterZone on November 23, 2014, 12:35:20 AM

#localbitcoins-chat

thx!

TheButterZone

legendary

Activity: 3052

Merit: 1031

RIP Mommy

#localbitcoins-chat

edgar

legendary

Activity: 1848

Merit: 1001

Quote from: Mitchell on August 03, 2014, 10:51:41 AM

Quick update for all of you that aren't online in #localbitcoins-support:

Hi bitcoininformation,

i just signed into #localbitcoins-support but theres only me there.

has this IRC been changed ?

Farmer17

hero member

Activity: 674

Merit: 500

Quote from: dscotese on November 19, 2014, 10:40:45 PM

Site's been down for a long time. Any news?

I don't have any problem loading it now. You can try it again now after clearing your browser's cache.

dscotese

sr. member

Activity: 444

Merit: 250

I prefer evolution to revolution.

Site's been down for a long time. Any news?

DaveF

legendary

Activity: 3458

Merit: 6231

Crypto Swap Exchange

Quote from: 5000Bitcoins on November 18, 2014, 07:21:42 PM

Oh man, I accidently sent BTC to my old localbitcoin address, saw too late it had changed to a new one.

It is with relief I can say that it ended up in my account anyway!

As of a few weeks ago your address changes every time you send to it. You can always re-use the old ones too, but you get a new one every time you send coin to the new one.
-Dave

5000Bitcoins

full member

Activity: 182

Merit: 100

Oh man, I accidently sent BTC to my old localbitcoin address, saw too late it had changed to a new one.

It is with relief I can say that it ended up in my account anyway!

dscotese

sr. member

Activity: 444

Merit: 250

I prefer evolution to revolution.

Looks like they just had to reenable their DDOS protection, which they did, so it's back up now.

dscotese

sr. member

Activity: 444

Merit: 250

I prefer evolution to revolution.

Site is down for me right now. Went down about 20 minutes ago.

DannyHamilton

legendary

Activity: 3360

Merit: 4570

Quote from: Soupulou on October 06, 2014, 06:01:36 AM

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.

Soupulou

member

Activity: 93

Merit: 10

Quote from: dscotese on October 06, 2014, 01:12:04 AM

Quote from: Newar on October 04, 2014, 11:53:05 PM

Just the advertiser gets the fee, unless they changed it very recently and didn't update this: https://localbitcoins.com/fees

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?

dscotese

sr. member

Activity: 444

Merit: 250

I prefer evolution to revolution.

Quote from: Newar on October 04, 2014, 11:53:05 PM

Just the advertiser gets the fee, unless they changed it very recently and didn't update this: https://localbitcoins.com/fees

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!

Zer0p0inT

full member

Activity: 210

Merit: 100

Quote from: Mitchell on October 04, 2014, 11:09:29 AM

Quote from: Zer0p0inT on October 04, 2014, 11:06:28 AM

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...

Newar

legendary

Activity: 1358

Merit: 1000