Today Localbitcoins.com announced that they would no longer allow cash by mail transactions on their service. They did not give a reason but the speculation has been that is was because of fraud that had been experienced by some users. This would be dissapointing when you consider they collect millions of dollars in fees from […]
As mentioned here a few days ago, LocalBitcoins made major changes to their feedback system. One of the biggest requests from users was that incomplete trades not be allowed to leave feedback. Localbitcoins chose to do the opposite and instead made the feedback from incomplete trades MORE IMPORTANT than before. This caused two major problems. The first is […]
Localbitcoins.com just announced much anticipated changes to their feedback system. elena.localbitcoins Admin Dear users, as you might have noticed we made some changes in our feedback system! Kindly, note that LocalBitcoins do not remove or edit feedback, unless it contains abusive, racist language, threat or exposes personal information. Each user can give one feedback to another […]
Recently one of our traders feedback score was reduced by a negative rating that simply says “too expensive” from a buyer that has very little trade history. When LBC support was contacted their response (you can read it here) was that the person started a trade, then canceled the trade and was able to leave […]
We recently noticed a pretty obvious scammer on LocalBitcoins.com . What was shocking to us is that people still attempted to do trades with him. This is our video tutorial of how to read a LocalBitcoins profile and recognize some of the signs they may be a scammer.
So one of our sellers (we have two sellers and one buyer in our group) has a single negative rating on Localbitcoins that has dropped his rating from 100% to 99%. That negative rating says “to expensive”. After contacting Localbitcoins we found out that the person who left this feedback had not actually completed a […]
A video tutorial on how to buy bitcoins only using LocalBitcoins.com. Other great reads that will help you: How to avoid scams on Localbitcoins Frequently Asked Questions about Localbitcoins.com Like the video? Show us some love and buy our bitcoins! If you have any questions leave a comment below or contact us.
In the forums of Localbitcoins.com many people post the same questions over and over because they are not intelligent enough to search for previous topics about the same issue. This leads to the forum being cluttered and unusable for normal purposes. I am compiling a list of the most common topics that don’t need to be repeated. These […]
Updated 2/1/15. I have been trading on LocalBitcoins for quite awhile and have recently started trying out their new (and really only) competition Bitwallet.cc Quite a few people have asked me what the difference is so I am going to compare the two based on a five different areas. Support Localbitcoins – 3 out of 10 -They are […]
Update January 11th, 2015: After a live chat with Localbitcoins the issues are still present and they refuse to deal with them. You can read the live chat here. For months everyone has known that the feedback system on Localbitcoins is broken and no one cared. I said that changing it so people could hide anonymously was […]