Thank you guys for the comments. I haven't dealt with him so it's finished now.
What i worry is that he send me localbitcoins invoice for a laptop? Secondly if i have to meet with him i would pay there or in cash. So it is like pickups no need for escrow and other things.
Topic: How localbitcoins work? I want to buy something but what should i consider... (Read 705 times)
September 02, 2015, 06:16:16 AM
September 02, 2015, 03:59:10 AM
If you are in the US watch for undercover Homeland Security agents, confidential informants and cooperating witnesses. They will be the ones video and audio taping your transaction.
But there are also many other payment options out there on localbitcoins.com. Besides meet in person option. There is literally every available payment method possible today in the world that they offer on localbitcoins, especially if you live in a big US city. So you can do a research and chose what suits you the best.
Just trade with the people with impeccable trust rate and a lot of trades and you will be OK. These are the people that have a lot to lose if they scan, so they probably won't be scamming at all.
September 02, 2015, 01:07:56 AM
If you are in the US watch for undercover Homeland Security agents, confidential informants and cooperating witnesses. They will be the ones video and audio taping your transaction.
September 02, 2015, 12:59:15 AM
It's like Craigslist but the meets are likely to have a higher risk of incidents or theft because you're buying currency....there's only cash or money at the transaction, it's not like someone's selling furniture. There have been reported thefts from localbitcoins meet-ups.
Be careful. Know the area you're going to. Bring some back up!
Be careful. Know the area you're going to. Bring some back up!
If you meet in person do it in a very populated place. A lot of cell phones can do wifi access points so location is easy to do. And ONLY bring how much you are selling or amount for how much your buying.
I personally have stuck with exchanges. I don't care to do in person BTC sales myself.
September 02, 2015, 12:30:58 AM
It's like Craigslist but the meets are likely to have a higher risk of incidents or theft because you're buying currency....there's only cash or money at the transaction, it's not like someone's selling furniture. There have been reported thefts from localbitcoins meet-ups.
Be careful. Know the area you're going to. Bring some back up!
Be careful. Know the area you're going to. Bring some back up!
September 01, 2015, 07:17:17 PM
I recommend to enable escrow for all transactions.
Its sorta confusing at 1st, but you`ll get the hang of it. Def. see the volume transactions they done.
But every transaction I have done was for bitcoin. Not for a laptop though.. if it feels funny i`d just pass the deal.
Its sorta confusing at 1st, but you`ll get the hang of it. Def. see the volume transactions they done.
But every transaction I have done was for bitcoin. Not for a laptop though.. if it feels funny i`d just pass the deal.
The volume don't know wasn't high but since these account are sold i don't trust anything there.
No there is nothing funny but it is just unbelievable to trade through localbitcoins for anything else than bitcoin.
And now the localbitcoins website doesnt work.
The site seems to be going off and on.
Seems they have a hosting issues they most likely will fix, but as for the comment on buying stuff why not just use escrow on this forum instead of that site?
September 01, 2015, 04:14:54 PM
I recommend to enable escrow for all transactions.
Its sorta confusing at 1st, but you`ll get the hang of it. Def. see the volume transactions they done.
But every transaction I have done was for bitcoin. Not for a laptop though.. if it feels funny i`d just pass the deal.
Its sorta confusing at 1st, but you`ll get the hang of it. Def. see the volume transactions they done.
But every transaction I have done was for bitcoin. Not for a laptop though.. if it feels funny i`d just pass the deal.
The volume don't know wasn't high but since these account are sold i don't trust anything there.
No there is nothing funny but it is just unbelievable to trade through localbitcoins for anything else than bitcoin.
And now the localbitcoins website doesnt work.
September 01, 2015, 02:24:21 PM
I recommend to enable escrow for all transactions.
Its sorta confusing at 1st, but you`ll get the hang of it. Def. see the volume transactions they done.
But every transaction I have done was for bitcoin. Not for a laptop though.. if it feels funny i`d just pass the deal.
Its sorta confusing at 1st, but you`ll get the hang of it. Def. see the volume transactions they done.
But every transaction I have done was for bitcoin. Not for a laptop though.. if it feels funny i`d just pass the deal.
September 01, 2015, 08:35:29 AM
1.look at the different sellers avaible with good feedback and lowest price and always check negative feedback they had
2 .yes they do provide escorw service with good support
3.better to choose sellers whose orders from big's like amAZon,walmart etc
4.if you are confused or tensed then trade for gift cards and buy yourself
2 .yes they do provide escorw service with good support
3.better to choose sellers whose orders from big's like amAZon,walmart etc
4.if you are confused or tensed then trade for gift cards and buy yourself
It has 24 confirmed deals with 5 participants. I see people buy these kind of accounts also the feedback are worthless maybe?
The seller is a sr.member here (Which still can be bought that too).
If i choose an escrow from here, how can we deal for the 3. and 4. ?
September 01, 2015, 08:34:16 AM
you can find your ask at
https://localbitcoins.com/faq
https://localbitcoins.com/faq
September 01, 2015, 08:30:51 AM
1.look at the different sellers avaible with good feedback and lowest price and always check negative feedback they had
2 .yes they do provide escorw service with good support
3.better to choose sellers whose orders from big's like amAZon,walmart etc
4.if you are confused or tensed then trade for gift cards and buy yourself
2 .yes they do provide escorw service with good support
3.better to choose sellers whose orders from big's like amAZon,walmart etc
4.if you are confused or tensed then trade for gift cards and buy yourself
September 01, 2015, 07:36:17 AM
Hi guys,
I am going to buy a laptop through localbitcoin but i am afraid to deal there.
1. What should i consider before buying there.
2. Is there any escrow?
3. If the seller ships a rock and the tracking says delivered what will happen?
4. Or if the product is not the same as advertised?
I am really confused, could you please help me.
Thank you.
I am going to buy a laptop through localbitcoin but i am afraid to deal there.
1. What should i consider before buying there.
2. Is there any escrow?
3. If the seller ships a rock and the tracking says delivered what will happen?
4. Or if the product is not the same as advertised?
I am really confused, could you please help me.
Thank you.
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