Can you quote where I lied?
You marked the transfer as complete even though it wasn't.
In fact, had I not kept the seller updated and told him about the split transfer, then he would not have even known until he received both amounts in his account on the next day. The only fault from my side seems to have been to keep the seller informed.
You would still have had to lie about when the transfers were done in the dispute. It doesn't matter when he received the transfers or that it wasn't possible for you to do the complete transfer within the 90 minutes. All that matters is that you could have backed out of the deal if the price had gone down before the second transfer, and this gave the seller an excuse to do the same when the opposite happened.
Grinder, I did not lie about when the transfers were done at all. I always kept the seller updated via the message system as well as localbitcoins admins who could read the messages. As I said before the time zones of localbitcoins and the online banking screens were about 10 hours apart.
I could not have backed out of the deal at all. That is why the payment needs to be marked as complete. At that point I can not back out of the deal. At that point the deal is sealed and if I would not pay for it, then I would not get any BTC, I would get a bad review and get my account banned and in my case, if I would not have sent the remaining amount out after midnight as I immediately informed them I would do, then I could have expected not only to receive no BTC, a bad review and a blocked account, but I could have also expected to lose the AUD $5000 of the first part of the transfer! So it is unreasonable for anyone to alledge that I was doing this on purpose or that it affected the seller negatively.
What the seller then did, was trying to find any reason to back out of the trade due to the BTC price hike. He would have called his bank and told them he was going to receive a fraudulent transfer and to reject it, even tough he could see the ID I uploaded and even though I offered to give him a call.
Why is this very bad for the bitcoin community? If people cause the banks additional work this way (as if fraud was not already bad enough), it is clear why they come to dislike everything that's got to do with Bitcoin or other transactions related to virtual currencies.
My bank then blocked my account completely. I could not log on to my online banking anymore at all and try to get this fixed while being 16,000km away.
By making such allegations and involving banks fraud departments in disputes, even involving governemnt institutions such as police and courts of course they will start to regulate more because it is causing them a workload, they will want to find a way to tax and regulate. This can not be what we want to achieve.