Topic: How many people buy or sell Bitcoin locally (Read 2788 times)
I do but it's hard here in my country to buy sell bitcoins locally , majority of peoples don't know about butcoin only few people know about it. I have some friends from this forum to whom i sell bitcoins and buy from them too.
I have done it. I didn't read the whole thread but I would be happy to answer questions or provide advice.
isn't the point of bitcoin that it is a global, virtual currency - a money for the internet age ?
why would you be afraid to use one of the exchanges ?
what else could exchanges do to make you less afraid ?
why would you be afraid to use one of the exchanges ?
what else could exchanges do to make you less afraid ?
i dont sell btc locally it bcause in my country there is too less people know about bitcoin...
even when im alrdy expalin what is bitcoin to my best friend...they still wondering and confusing about bitcoin...
im sure they will use btc soon whenever they understand what is that...
the main thing is hard to made them understand...
even when im alrdy expalin what is bitcoin to my best friend...they still wondering and confusing about bitcoin...
im sure they will use btc soon whenever they understand what is that...
the main thing is hard to made them understand...
I would never sell or buy bitcoins through a local face-to-face contact.
Here in germany are to many freaks that will come to the place and rob you, take your money.
For example i read 3 days ago in the newspaper that they rob again someone and steal a few thousand euros at a bitcoin deal.
http://www.tagblatt.de/Nachrichten/Bei-Kryptogeld-Handel-Bargeld-erbeutet-272531.html
Here in germany are to many freaks that will come to the place and rob you, take your money.
For example i read 3 days ago in the newspaper that they rob again someone and steal a few thousand euros at a bitcoin deal.
http://www.tagblatt.de/Nachrichten/Bei-Kryptogeld-Handel-Bargeld-erbeutet-272531.html
I've been mining Bitcoin and selling it since 2013. I sell around 2-4BTC a month.
I have only few friends who do deal with bitcoin and other payment processor. Regarding bitcoin i am the only one who is constantly selling it to my friend circle but in relatively small scale. Face to face is quite easy and most secure way to deal.
I agree that F-2-F deals are very secure compared to online trades and it's good to only deal with known friends. I was initially afraid of dealing personally with a person as these deals are usually over 2-3 BTC and plus I don't know the person who I will be trading with.
It went well the first time but the person was making excuses while giving me cash. However, it went fine then but I don't prefer dealing this way as with regards to money, known people also try to dodge.
It looks as if buying Bitcoin over the net is fraught with risks, and reputable traders seem to have wide spreads. The obvious solution would be to buy Bitcoin through a local face-to-face contact. Have any members of this forum done this?
It depends on which country/state you live because in most of the countries bitcoin is free to use and trade, i have sold too. 
I agree that would be much less risky, but quite uncomfortable and limiting. The beauty of Bitcoin is that you can send it from one corner of the world to another with low fees. To meet in person in order to make a transaction is a little awkward in that sense...
However, once Bitcoin is widely adopted perhaps we will see it in everyday life.
However, once Bitcoin is widely adopted perhaps we will see it in everyday life.
There are face to face buyers and sellers of bitcoin with good reputation all over the world. It is hard initially to meet those people. Once you're very accurate in finding the right person to have a deal, then it will be very easy all the time. There are several people in bitcointalk since the beginning are really good dealers.
yeah you are right but the thing is its quiet hard to find a local seller for everyone but online sellers can b approached easily so its a 50-50thing both have its merits and demerits and by the now days market is down so most of the people are earning bitcoins and savings them and trusting someonw with your bitcoins are risky too . But i like the localbitcoin escrow system
Selling to friends and family is not a problem for me as long as the amounts are valued under $100.
I would never deal with strangers when it comes to buying or selling Bitcoins. There is too much risk involved.
I would never deal with strangers when it comes to buying or selling Bitcoins. There is too much risk involved.
I have only few friends who do deal with bitcoin and other payment processor. Regarding bitcoin i am the only one who is constantly selling it to my friend circle but in relatively small scale. Face to face is quite easy and most secure way to deal.
Yes i always advice my friends to have face 2 face deals..
BeacusBecause online local deals with any peoples there are many scams and frauds are happening ...
And strictly no to bank transfers.. and PayPal..
Both user can reverse their transactions, and stolen account can scam you..
So i always prefer face 2 face deals.
And i think 90% of my friends has aqured my suggestion in my locality resulting in building a good comunication
BeacusBecause online local deals with any peoples there are many scams and frauds are happening ...
And strictly no to bank transfers.. and PayPal..
Both user can reverse their transactions, and stolen account can scam you..
So i always prefer face 2 face deals.
And i think 90% of my friends has aqured my suggestion in my locality resulting in building a good comunication
It's good for advice. To think practically it's not easy meet every time and do trading. Even I have one my friend like that. He knows one guy near to my city. Who is doing local trading. And he giving good rate for my friend. May 1 or 2$ lesser than Google and preev value
Yes i always advice my friends to have face 2 face deals..
BeacusBecause online local deals with any peoples there are many scams and frauds are happening ...
And strictly no to bank transfers.. and PayPal..
Both user can reverse their transactions, and stolen account can scam you..
So i always prefer face 2 face deals.
And i think 90% of my friends has aqured my suggestion in my locality resulting in building a good comunication
BeacusBecause online local deals with any peoples there are many scams and frauds are happening ...
And strictly no to bank transfers.. and PayPal..
Both user can reverse their transactions, and stolen account can scam you..
So i always prefer face 2 face deals.
And i think 90% of my friends has aqured my suggestion in my locality resulting in building a good comunication
I can't told this.Because very little people are involved with this.My country people are not much interested about this.
In Croatia, we still dont have lot of Bitcoin users, so i mostly buy or sell Bitcoins online or at BTM machine in place where i live. Hope that will change cause we are mostly touristic country so more adoptance would do good to us and Bitcoin it self.
I am very confident that sooner or later there will be a lot if bitcoin bitcoin users often introduced to people who are not familiar with bitcoin.People would be interested in bitcoin if introduced properly
in my local exchanger (online) more than 1000+ people know and trade bitcoin (some of that not active people) , bitcoin in my country is very popular but the big problem is bitcoin regulation, also very little merchand who accept bitcoin as payment, i hope in future more bitcoin merchand accept bitcoin
I would say there is a easiest way Localbitcoins.com you can buy from some buyers with a bank of america account. doesn't have to be local purchase and if you need them quickly. Coinbase is very convenient, but it also takes a week for BTC purchases to clear for me. If you can find people in your immediate area.
i have done transactions with LocalBitcoins.com and it is very safe and secure , as the bitcoins will be with escrow of site and when you buy or sell you can verify the transaction and then clear the bitcoins. face to face is good but it is very risky of coming to know about identity and scam.
in my local exchanger (online) more than 1000+ people know and trade bitcoin (some of that not active people) , bitcoin in my country is very popular but the big problem is bitcoin regulation, also very little merchand who accept bitcoin as payment, i hope in future more bitcoin merchand accept bitcoin
I would say there is a easiest way Localbitcoins.com you can buy from some buyers with a bank of america account. doesn't have to be local purchase and if you need them quickly. Coinbase is very convenient, but it also takes a week for BTC purchases to clear for me. If you can find people in your immediate area.
I've sold a few on craigslist and to friends. It's a good way to meet people that have similar interest and share knowledge.
yes, I like to trade face to face as well! So We can make friends and share the same interest , which make me feel comfortable . Jump to: