Quote from: ShetKid on November 04, 2015, 03:36:22 PM

Quote from: BurtW on November 04, 2015, 02:06:22 PM

Quote from: justbitcoins on November 02, 2015, 08:45:02 PM

I have done several bitcoin trades with local bitcoin. I bought bitcoin from localbitcoins. I paid money through bank transfer and get the bitcoin later. No problem at all.

Just going on localbitcoins, finding a buyer or seller there, and then meeting with them is not as problematic as setting up an account to buy/sell and then advertising there. It is the advertising your willingness to buy/sell that makes it look like a business and may require a license. Just using the localbitcoins service to locate a buyer/seller who has an ad on the site does not make you look like a business.

I wonder how risky is that in other countries where the laws are not that strict. tbh you and a couple of other cases are the only ons I heard of having problems. Did lbtc ever result into people having problems in other countries ?

There were five Bitcoiners arrested the same timeframe as I was in "operation avalanche", so there have been at least five cases in Colorado. The feds also did the same kind of operation in Florida but I am not sure of the total number arrested.

I am not aware of any cases outside the US, but I do not keep up on that.