Post
Topic
Board Beginners & Help
Re: Difficulty with Exchanges
by
bitcoinbuddha
on 03/10/2014, 18:05:07 UTC
Ok so I am officially angry. No one wants to buy bitcoins, or at least my bitcoins. No one in Canada and no one in the US. I set up a US account to make US transactions easier - or so I thought. I go on localbitcoins I find someone looking to buy bitcoins and go threw the process. People receiving my coins reply back with oh perfect, great should have the money sent here right away and never hear from them again. One fellow initiated a trade me with, I sent the coins to localbitcoins all his feed back says payment within 24 hrs. As for right now it has been 96 hours and haven't heard a thing send emails and get no response.

I really do no understand what I am doing wrong. I am not setting the price I am just hitting sell to people with buy orders on localbitcoins. I continue to collect coin upon coin and they are worthless to me as no one seems to want them.  I am flabbergasted on how people say bitcoin is growing? Really? Where??

If I am getting this way wrong then please point this out to me, as I am beyond frustrated.

I don't know if it is true but I did read that some bitcoin buyers on localbitcoins would initiate a trade and say they will send the payment soon. They then wait for a few hours. If the bitcoin price goes up, they will complete the trade with you at the earlier lower price, and if the price goes down, they will deny the trade.


Have you heard of people completing the trades at there end by saying the money was sent and it wasn't? Just had this experience with someone they confirmed with localbitcoins that the money was sent (this was last Friday - September 26th) and I still don't have the money in my account. I tried contacting the trader for confirmation numbers from the deposit  so my bank can start looking for the money and he won't respond. Now I have to file a dispute with localbitcoins as I never received payment. I don't understand people, why waste my time and your own? If you can't afford to purchase the bitcoins, then why not be upfront and honest and say so?