Localbitcoins is a huge RIPOFF if you ask me. The asking price of bitcoins is anywhere from 5% to 30% over market value.
I don't care how anonymous it is to buy bitcoins on localbitcoins I will not pay up to 30% above market rate for coins. It's fucking extortion!
I agree. Besides that, huge % of users are illegal exchangers, working with questional (if not say more) money. I can't understand people risking to be involved in money laundering etc, and the biggest question - for what?