Pages:
Author

Topic: reasons to buy from individual? - page 3. (Read 4104 times)

hero member
Activity: 2912
Merit: 541
Leading Crypto Sports Betting & Casino Platform
August 06, 2016, 06:42:17 AM
#50
i am not recommended to buy from individual on the forum, any forums unless you know that person individually. we have to trust someone before we have make a deal with him/her, so better buy from person which we already know. and i think if we don't know anything, we can buy from market exchange.
hero member
Activity: 575
Merit: 500
July 28, 2016, 01:46:59 PM
#49
I think the only reason for to buy from individuals is that, they do not know about trusted exchanges, or they do not have any experience in any trusted exchange so they are unable to put their money into there in order to buy from there.
hero member
Activity: 826
Merit: 523
July 28, 2016, 11:14:12 AM
#48
There are many reasons :
1 - some devs release the users' coins before they add their coins to an exchange , but some members don't have patience , so they open a trading thread .
2 - sometimes , a member want to sell or buy a big volume with a discount , so he also opens a thread .
3 - the most popular reason is to scam others , unfortunatelly , sometimes the scammers get what they want .
sr. member
Activity: 382
Merit: 250
July 28, 2016, 08:00:43 AM
#47
Major reason for which I prefer buying from individuals is just to avoid the banking process. Meeting a trader personally helps gain trust as well make trading effective.
yeah that's what i think too and buying from the sites and different trading services can cost you high with more extra charge but with the individual i can bargain too which is better  Grin !
sr. member
Activity: 294
Merit: 250
Minter
July 26, 2016, 07:24:39 PM
#46

What are the possible reasons why someone will prefer to buy btc or any other crypto to someone from the forum particularly than on the exchange sites?

Simple.

You get to avoid those bitcoin exchange fees. If you are living in the US, you do not have to submit yourself to the KYC policy of the exchanges and you stand a chance of buying at a cheaper price than at the exchanges.
hero member
Activity: 994
Merit: 502
July 26, 2016, 12:41:51 PM
#45
Major reason for which I prefer buying from individuals is just to avoid the banking process. Meeting a trader personally helps gain trust as well make trading effective.
full member
Activity: 237
Merit: 250
July 26, 2016, 05:49:51 AM
#44

What are the possible reasons why someone will prefer to buy btc or any other crypto to someone from the forum particularly than on the exchange sites?

well i think only reason to buy from them is because it is faster, but that's it as it might be even a little bit risky, because exchange sites are trustful
hero member
Activity: 1078
Merit: 514
July 22, 2016, 06:43:57 AM
#43
Just there are people to whom it's more suitable. Like there is someone who playing gambling only for own fun and he doesn't care about bitcoin or another crypto, trading, investment at all. So he made some amount of BTC with gambling and it's easier to find a buyer for it to have dollars right now and without any % for exchange. I know such people and I buy bitcoins from them, because I know that bitcoin will rise soon, but they don't  Wink
hero member
Activity: 1148
Merit: 500
July 22, 2016, 06:16:18 AM
#42

What are the possible reasons why someone will prefer to buy btc or any other crypto to someone from the forum particularly than on the exchange sites?
Because buying bitcoin from a person is the better possibility you will get a amount of btc in negotiable price.
Ive never try this thing though. Is it too risky to negotiate with a person than to exchange site? You better exchange with a good trust reputation here.
hero member
Activity: 658
Merit: 500
July 21, 2016, 01:51:49 PM
#41
I think they will not hace any knowledge about that which exchange is better for their payment processor, like they will be newbie to this world of bitcoin. Or they will not want to show some of their coins to their exchange ( as the exchanges have all the data about the user) so they prefer to use individual for that reason.
legendary
Activity: 1638
Merit: 1046
July 21, 2016, 01:42:28 PM
#40
I think because of the rate or they can buy for better cheap price also they are afraid to exchange if the sites is not well known better to deal in real people..
X7
legendary
Activity: 1162
Merit: 1009
Let he who is without sin cast the first stone
July 21, 2016, 01:19:36 PM
#39

What are the possible reasons why someone will prefer to buy btc or any other crypto to someone from the forum particularly than on the exchange sites?

Privacy would be the primary motivator
legendary
Activity: 2632
Merit: 1094
July 21, 2016, 01:17:33 PM
#38
On exchange websites, you can never know if the user has sold his account or not while on the forum, people easily detect it with the password log and change in the writing style. Here users are much more reliable and with the use of an escrow, the transactions are secure compared to exchange websites that don't even help you if the person hasn't sent you the payment in exchange for your money. Like on Paxful, a user complained about not receiving the bitcoins and the escrow on the website told him he cannot help him.
legendary
Activity: 2450
Merit: 1047
thecryptocurrency.directory
July 21, 2016, 01:01:19 PM
#37

What are the possible reasons why someone will prefer to buy btc or any other crypto to someone from the forum particularly than on the exchange sites?
If you know the guy offline then it is ok to proceed dealing with him,had one guy who I've been trading my bitcoin for the last two years it used to be paypal,if the guy has a clear conscience and he wants a good reputation for his buy and sell business it is ok to transact with him..
full member
Activity: 224
Merit: 100
July 16, 2016, 08:46:24 PM
#36
for me there is no reason i could buying bitcoin from individual in these forum because i considers buying bitcoin using exchange are more safer and low fees than buy it personally but if someone else want to sell to me his bitcoin but the rates are more low than usual exchange i would like to trade with him but still needed escrow if he want to trade with me

Yeah, usually individuals offers more price than the trading sites do. And besides, transactions in individuals are more faster than in the trading sites and you don't have a competitors when it comes to price. Also you will not need to pay some fees when transacting. The only disadvantages of trading in an individual is the safety. Many are being scammed during individual exchanges because they do not follow the safety precautions in transacting. But, this disadvantages can be countered easily, hire some Escrow that will make your transaction smooth and free from scams.
newbie
Activity: 53
Merit: 0
July 16, 2016, 08:41:10 PM
#35

What are the possible reasons why someone will prefer to buy btc or any other crypto to someone from the forum particularly than on the exchange sites?
People on the forums do not ask for identification (KYC). Another reason is they may want a large quantity but do not want to drive the price up, instead they want it all at X.
legendary
Activity: 1204
Merit: 1000
July 16, 2016, 11:11:34 AM
#34

What are the possible reasons why someone will prefer to buy btc or any other crypto to someone from the forum particularly than on the exchange sites?

The main reason seems that people don't want to share their personal details online, neither the ID(inc. a selfie with it), passport etc.
I can make a deal with that, in some previous topic have the same content with this a lot of people is said interested to buying from an individual person because to secure their personal data. and they feel doubt about the provider of transaction service about the security of their data. and choose a second way to using individual transaction or F2F.

As I mentioned before the deal person to person is the best way, sometimes safest but not always the fastest way and probably not always the cheapest way as those that sell outside want to earn more than exchanges.
legendary
Activity: 3164
Merit: 1175
July 15, 2016, 02:20:24 PM
#33
Individual can give you better price then exchange site, also like its said above some sites require certain payment methods. For example someone can buy certain altcoins much easier from someone close, and give him cash for that (every country have different currency, not everyone can buy things online with their credit cards).
Also people can feel much safer when they buy from people they know, or have trust. But people should be careful to not be scammed in this process. So before you buy coins from some individual you don`t know, check first their trust rating here, if not here ask people who traded with him about their experience.
legendary
Activity: 1120
Merit: 1007
CryptoTalk.Org - Get Paid for every Post!
July 15, 2016, 02:12:52 PM
#32

What are the possible reasons why someone will prefer to buy btc or any other crypto to someone from the forum particularly than on the exchange sites?
I think main reason is, some payment methods are not accepted by exchange platform for deposit for eg skrill, neteller etc. So people are willing to buy bitcoin here with even higher price than market price.

And no any personal documents are needed for even big purchase.
legendary
Activity: 3192
Merit: 1213
Enterapp Pre-Sale Live
July 15, 2016, 02:01:07 PM
#31
In my view every trader have their own profit margin. So it gives the buyer few option to go for the one with better profit and convenient with.
Pages:
Jump to: