For LBC European traders | Bitcointalksearch.org

Ninietz

member

Activity: 106

Merit: 10

Quote from: cryptofan5 on August 03, 2014, 05:05:47 AM

Haven't tried localbitcoins yet, but heard that a lot of scams happening there. Even with a cash deposit you can get scammed. They place an add somewhere that they sell something (a car, a horse, a cat, a house, you name it), then will direct a buyer to pay into your account. Even if it is a cash deposit and cannot be cancelled, the scammed buyer will surely report it to the police. So, yeah, such buyers with urgent deals and tons of cash sound fishy.

Hi, I don't really think there is such a thing as cash Deposits here in Europe, but yes I have heard of this, unfortunately.

cryptofan5

full member

Activity: 126

Merit: 100

Haven't tried localbitcoins yet, but heard that a lot of scams happening there. Even with a cash deposit you can get scammed. They place an add somewhere that they sell something (a car, a horse, a cat, a house, you name it), then will direct a buyer to pay into your account. Even if it is a cash deposit and cannot be cancelled, the scammed buyer will surely report it to the police. So, yeah, such buyers with urgent deals and tons of cash sound fishy.

Ninietz

member

Activity: 106

Merit: 10

Hi, I do some BTC selling and buying in my spare time on Localbitcoins:
And for the 4th time I have been contacted by guys that have needs for astonishing amounts of BTC.
(Don't worry I can supply that, but I go along for the story)

Now the first time I got nearly scammed but got lucky at the last moment.

The story is always the same :
They have a ton of cash and want to buy BTC.
The cash is always in Paris, don't ask me why ?
The cash comes from sale of houses/buildings
The guys were so far always from the south of Europe: South of France, South of Spain

So please be careful when you have such an eager buyer.

AND if you want to go along for the ride and see where the bluff ends
then ask him during one of the negotiations to show you the money all of it, so you can verify and count it all.
And don't show up with the BTC.

Then and there it stops, as there is no money and it is a scam

Topic: For LBC European traders (Read 752 times)