Author

Topic: Why do people pay 95-100 dollars per bitcoin in my localbitcoin.com area? (Read 733 times)

sr. member
Activity: 476
Merit: 250
Keep it Simple. Every Bit Matters.
Well buying local can avoid the the majority of fees.
Which might account for a slightly higher price sometimes.

Having tried a few exchanges, It does tempt me to do it.
full member
Activity: 126
Merit: 100
How do I even compete with that lol.

Edit; no they are not paying with paypal.

Speculation. But I have to say it's not completely unwarranted.
I paid $5 over spot locally last week.  But I don't regret it today.
newbie
Activity: 11
Merit: 0
How do I even compete with that lol.

Edit; no they are not paying with paypal.

Speculation. But I have to say it's not completely unwarranted.
newbie
Activity: 22
Merit: 0
Due to high volatility they're safeguarding themselves against fluctuations in Bitcoin prices.

If they arrange to meet with you 2 days from now, the BTC/USD rate could have moved by quite a few percentage points already.
hero member
Activity: 546
Merit: 501
because they are worth much more?
member
Activity: 67
Merit: 10
How do I even compete with that lol.

Edit; no they are not paying with paypal.
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