Silk Road forums
Discussion => Newbie discussion => Topic started by: PSpringer on August 13, 2013, 04:32 am
-
Any good or bad experiences with localbitcoins?
-
My experiences have been decent. Just make sure they have + reviews. Most will charge you a 3-10% fee, but if it's local, it's the easiest and most anon.
-
I've used it - the guy meets me near work, we do the exchange, confirm on my phone, and away we go. Couldn't be happier.
-
That's the only way I've done it so far, and it's been pretty hassle-free. All cash, no questions, instant verification.
-
I've tried other methods, but it's a bit sketchy, and once you find your localbitcoins source, it's easy.
-
i use localbitcoins and i have had alot of succes but i do my deals via email only i sell my coins with WU MG GDMP only i been mining for over a yr now i finally wanna sell and with the loclabitcoin i can get the word out and word spreads fast so if any one need hit me up [REDACTED] in usa i am
-
Depends on the supplier of course.
I think, this is one of the best ways, discreet and better prices than other markets, when you have a look around
-
yeah ur right but every wherre i looked u had to link ur banks accounts and etc. and ppl like me that dont have on bcus of reason it rough that why i start mining and why i wanted to bring my sale of btc with out all the hassle send payment and i send instant coin easy and no hassle
-
Just used localbitcoins recently and can't say enough about it. Just make sure you pick sellers with good feedback. The one I used was prompt and professional. Having the vendor do counterfeit detection in a public spot was unique though.
-
Im on localbitcoins.com , but only do Face 2 Face so no reviews there, but check me out in the money section under ThaMiddleMan
-
I've used LBC with 100% success rate. Prefer face to face, but recently had an experience where I walked into a Chase bank and simply deposited the cash to this person's account and no more than 30 seconds after leaving the bank, got the notification that the bitcoins had been released to my account. Now, I wouldn't normally have done this but for the 100% feedback on over 70 transactions from this seller.
Happy to give you his username if you PM me (no, it's not me)
-
I've used LBC with 100% success rate. Prefer face to face, but recently had an experience where I walked into a Chase bank and simply deposited the cash to this person's account and no more than 30 seconds after leaving the bank, got the notification that the bitcoins had been released to my account. Now, I wouldn't normally have done this but for the 100% feedback on over 70 transactions from this seller.
Happy to give you his username if you PM me (no, it's not me)
I used this same method. It was quicker than the face to face for me. Love LBC
-
I've used LBC with 100% success rate. Prefer face to face, but recently had an experience where I walked into a Chase bank and simply deposited the cash to this person's account and no more than 30 seconds after leaving the bank, got the notification that the bitcoins had been released to my account. Now, I wouldn't normally have done this but for the 100% feedback on over 70 transactions from this seller.
Happy to give you his username if you PM me (no, it's not me)
I used this same method. It was quicker than the face to face for me. Love LBC
I was pleasantly surprised and impressed by the ease and smoothness of the transaction. Wouldn't hesitate to do it again with the same person, or someone with similarly positive feedback. I agree, LBC is great. I had good luck with BitInstant's cash deposit before they went down for their revamp, but given that some people had issues with them, I am likely to continue going to LBC in the future. They've got a good system set up.
-
I've just tried it. Went to the bank at lunch, cash deposit, funds were in my wallet before i got back to work. Seems pretty sweet to me.
-
Worked for me. (Almost) As easy as bitinstant, without having to put any names down. It might be a little awkward at first, but you'll get the hang of it.
-
I've used localbitcoins a few times. It is very easy. For me, it was weird at first because it felt sort of like a drug deal in the middle of a coffee shop, but I handed him cash, he sent me coins, and it was done. I tried a different guy this time; he was more chill.
I like localbitcoins more than bitinstant now. I'll probably use bitinstant (if they ever come back) again if I need coins really quickly, but I like supporting my local btc community.
-
Localbitcoins is where it's at
-
I've heard some say yes and some say no. I don't think transactions can be decrypted to find out where it's being sent to. But someone might be able to correct me on this.
-
What sort of email is good for LBC? Would Mailinator be good? Want to sign up so I can get going on getting BTC, but unsure of how safe it is email wise.
-
Localbitcoins is good, just check for reputable sellers. You might want to also check out bitquick.co
-
I've had only positive experiences with LBC, just make sure to read up on the relevant information and choose a vendor with good feedback. In fact, I've even bought coins at below MtGox prices on there before. If you're only dealing in small amounts, an online bank transfer should be fine to do, bitcoins aren't illegal and it's much riskier for the vendor unless they have a legitimate business account and pay taxes on their profits. However, for better security, a cash deposit at a bank or at a face to face meet would be preferable.
Peace,
Sugarleaf
-
Is it risky to transfer btc from localbitcoins straight into your sr wallet even when using tor?
Yes. Traceability from BTC comes from the coins themselves and not your IP, so whether you made the direct transfer from your IP or through Tor is somewhat irrelevant. I would recommend tumbling your coins with a service like BitcoinFog, it takes a 1-3% of the total for the services but it is worth it for the added security.
Theoretically, it's possible for LEO to set up an OTC BTC service, take cash deposits, follow the coins to see if they end up at an SR address, then possibly confront you about it next time you purchase from them.
Peace,
Sugarleaf