Topic: Someone please make a good marketplace (Read 854 times)

Oh yeah. I do comment from time to time.
http://altoidnerd.com/2013/11/07/bitcoin-bubble-not-this-time-a-qualitative-analysis-of-bitcoins-price-and-lifecycle/

I don't really want to scoop LocalBitcoins in case they decide it's feature they want to implement.

It's something that could be done as a standalone project, but makes the most sense on a site that already has an active community of traders.

You commented on my blog.  I recalled your name.  Small BTC world eh.

Can I make a blogpost with your idea, quoting you precisely and giving you full credit?

Probably not. I've got a Blogspot blog (linked in signature) though.

Don't I know you from wordpress?

If you don't mind, I'm curious how you pitched it.  I sell on LocalBitcoins so I am familiar with their system. 

I propose that you add a new advertisement type: "local shopping."

Local shopping ads are offers to pay BTC for something purchased at a store instead of cash, for example: groceries.

Local shopping ads are specific to a geographical region, can only be claimed by a single buyer, and expire after a certain amount of time.

Buyers who willing to purchase BTC by shopping for someone else can register for notifications in a particular area/radius. Any time a shopping ad is posted in their radius they receive email and SMS notifications, giving them the opportunity to claim the ad.

Settlement is finalized at the time of delivery, in a manner similar to coupons. The seller needs to estimate the final cost and have enough btc to cover it in the wallet prior to creating the ad. The buyer texts the exact receipt amount to LocalBitcoins which locks up that many btc in escrow.

There are several advantages to creating this type of ad:

1) Finally we'll have something to respond with when people bring up that you can't live off of your Bitcoins.

2) Buyers who want to buy btc with credit cards and other forms of payment that are normally high risk will be able to do so without paying exorbitant markups.

3) This could significantly reduce legal risk for US users of LocalBitcoins. Buying and selling products and services for bitcoins is not money transmission according to FinCEN, and so should not expose casual traders to potentially severe legal penalties.

It's also possible to create a "online shopping" ads with similar functionality.

Last week I opened a feature request support ticket with LocalBitcoins for exactly what they'd need to do to enable that.

Last week I opened a feature request support ticket with LocalBitcoins for exactly what they'd need to do to enable that.

and I can buy all my food with BTC

FellowTraveler is working on it.