Topic: Buyers paying way above market price on LocalBitcoins. Are they all scammers? (Read 789 times)
January 20, 2014, 08:31:46 PM
Makes sense, never even heard of venmo and square cash.
January 20, 2014, 07:49:52 PM
Venmo and Square Cash, whatever those are, must be the reason. Maybe it's the only good way to get rid of those balances.
Quote
Would like to get to know localbitcoins better as well. Do they not have escrow service there for trades.
Yes, they have an automated escrow that can be released online, or I think via SMS. global moderator
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January 20, 2014, 07:47:51 PM
These prices make no sense at all indeed.
I mean maybe if they're paying $900ish is a bit of a premium for convenience, I could understand. But near $1100+? That's weird. Well have they actually sold any for that price? Maybe somebody is willing to pay the premium. Cant hurt to try I guess.
January 20, 2014, 06:02:35 PM
These prices make no sense at all indeed.
I mean maybe if they're paying $900ish is a bit of a premium for convenience, I could understand. But near $1100+? That's weird. January 20, 2014, 05:55:54 PM
These prices make no sense at all indeed.
January 20, 2014, 05:08:07 PM
Would like to get to know localbitcoins better as well.Do they not have escrow service there for trades.
Also, what i noticed about these 3 people is that they are all only around 1 month old users.
Also, what i noticed about these 3 people is that they are all only around 1 month old users.
They still have had many different trades. Many people got in a month ago. I only got into Bitcoins about 5 weeks ago.
January 20, 2014, 05:07:33 PM
Would like to get to know localbitcoins better as well.Do they not have escrow service there for trades.
Also, what i noticed about these 3 people is that they are all only around 1 month old users.
Also, what i noticed about these 3 people is that they are all only around 1 month old users.
January 20, 2014, 04:57:38 PM
I noticed on LocalBitcoins, there are some buyers who pay upwards of 30% above market price.
See:
https://localbitcoins.com/accounts/profile/claymather85/
https://localbitcoins.com/accounts/profile/LazarX/
https://localbitcoins.com/accounts/profile/rwnodgrass/
Many of these buyers are established for a period of time and have had good feedback. So what's their deal, are they scammers or not? Many people have had positive transactions from them so I don't know what to think.
See:
https://localbitcoins.com/accounts/profile/claymather85/
https://localbitcoins.com/accounts/profile/LazarX/
https://localbitcoins.com/accounts/profile/rwnodgrass/
Many of these buyers are established for a period of time and have had good feedback. So what's their deal, are they scammers or not? Many people have had positive transactions from them so I don't know what to think.
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