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!
No its not 30%. It all depends on what part of the world you are, and what method you are using. For me, I just pay around 4-5% of the bitstamp price, and it is much convenient for me, as they are protecting me with an escrow, and I can trade with reputed sellers.