How would this ruling impact someone who buys and sells bitcoin in the US, using localbitcoins.com?

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WASHINGTON, D.C. – The Financial Crimes Enforcement Network (FinCEN) today
published two administrative rulings, providing additional information on whether a person’s
conduct related to convertible virtual currency brings them within the Bank Secrecy Act’s (BSA)
definition of a money transmitter. The first ruling states that, to the extent a user creates or
“mines” a convertible virtual currency solely for a user’s own purposes, the user is not a money
transmitter under the BSA. The second states that a company purchasing and selling convertible
virtual currency as an investment exclusively for the company’s benefit is not a money
transmitter
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It would seem that this second phrase would apply?

So if I buy and sell bitcoins in an attempt to make a profit, using localbitcoins.com (or a similar service), then that activity is not considered to be a money transmitter, subject to the federal and state laws?