Post
Topic
Board Currency exchange
Re: 1000 BTC required ... for cash or transfer, face to face meeting only
by
Nagadota
on 04/06/2017, 13:56:13 UTC

If Coinbase, Kraken, other legit exchangers are bad, then please tell us what should be the rate you accept?
If you represent a company which has many offices around the world we should know the name Smiley
Please remember the core idea of the Bitcoin was decentralization, in 2010 there was not even one exchange... around people were trading anonymously.

And they still do it on LocalBitcoins, with their built in escrow system and thousands of trusted traders in various locations - that's the normal place for people to transfer with cash.  It's just extremely unusual for us to see a newbie account on the forum asking for a crazy amount of BTC without doing the most basic research about what people tend to do when trading peer-to-peer.

Not to mention that the norm would be to go somewhere like Bitstamp, which would give you a fee of somewhere around 0.1% when you're dealing with that much money and doesn't stop people actually using their Bitcoin in a decentralised way.

It seems very suspicious that someone would join the forum in this way and the first thing they do is ask for money.