Post
Topic
Board Service Discussion
Re: Localbitcoins is intentionally trying to lowkey steal from its customers (me)
by
Mosperian
on 16/10/2019, 10:21:11 UTC
I genuinely don't like any site that will lure users to deposit and then give such strictness to get your money out, such actions just display lack of trust and shady, why does it have to be so stressful when you want to get your money out, even the customer service not very helpful according to the post, I think people have should be aware of this to be careful.
that's exactly what bothers me so much. I really think this is purposeful to get people who might otherwise have just moved on than bother with all the hoops to be forced to go through them because your other option is to surrender your BTC to them so once you fall for the false information they present telling you that youll be able to take your BTC back if you decide its too much and make a new deposit then they win no matter what. Either you go through the hoops to get your BTC back and many likely end up using the site longer when they would have just left or you decide to surrender your funds. Either they retain customers they would have lost or if they lose them they get some BTC from them on the way out.

It's too perfect the way they feed you the information and how it benefits them to be an accident. In my opinion this is deliberate behavior designed to benefit them at the cost of their users and in spite of what the users in question may actually want. I dont think anyone paying attention should continue using their site/service because I've been around the BTC community since 2011 and in my experience this type of behavior always precedes the famous "we recovered 10% so here are pennies for your dollars" exit scam posts
 I believe without a doubt that the day is coming and im very irritated I have to choose between playing their game for however many days or weeks going forward and letting them keep my BTC freely. Sucks