Does anyone on here do direct deals with bitcoin sellers?

I had an LBC seller mention that he'd be open to doing direct deals. Seems like a pretty good way to save on LBC fees assuming you can find a legit seller, but I never hear of people buying coins this way. Is there a reason for that?


Comments


[1 Points] None:

Theres no way in hell i would ever do that unless I was going to meet them in person and do it. Sounds like youre about to get scammed, honestly. You need to just factor the LBC fees into the cost of your drugs. I would have to pay currency exchange fees to go to canada or mexico as well.......


[1 Points] None:

Even if you do find a legit seller, what if he gains trust then scams on a higher dollor amount


[1 Points] SpecialAgentDildo:

I do this with a few cash by mail sellers on lbc. You have to be willing to take the loss if shit goes south though. Basically all you could do if it goes bad is open a trade and leave bad feedback. I suppose if you have their address you could go fuck em up too. I would look at established vendors with perfect feedback. Just don't risk more then you can afford.


[1 Points] monkstemple:

i've had the same btc connection since SR, never met them but have been doing direct deals for a couple years now. That being said I would never recommend it unless you are prepared to lose the money you are essentially FE'ing.


[1 Points] ravendarkh0lme:

If you're in my area I'll sell you coins.


[1 Points] elesdi25:

If you don't want to pay the retarded upcharge on LBC, use circle or coinbase and tumble the coins.


[1 Points] LBC_Trader:

There is no real advantage to you. I try to do as many direct deals as possible as it takes any risk off of me. For an LBC seller it isn't only about the 1% in fees but also the fact that there is no risk of dispute. It is completely to my advantage. If someone sends me cash they don't get coin until I receive the cash. If they're selling coin they send the coin first. It is completely win win for me.

If he gives you a discount for direct deals then it might be worth it. If it is a local meet up then do him a favor and do it out of escrow. No paper trail and no fees. No risk of being scammed either.


[-2 Points] None:

I just snorted a fuck ton of pink up my asshole