Post
Topic
Board Trading Discussion
Topic OP
australian needs advice
by
mrimport
on 06/10/2014, 11:20:55 UTC
im looking at buying a large number of BTC, i usually use local bit coins.
as some of you might have seen in my older posts i got scammed by a nice person on here (son of a bitch i'll track him down one day) using paypal.
so paypal definitely out of the question.

the reason im asking for advice is this..

localbitcoins website works GREAT, i enjoy buying from the site, its super fast, safe etc etc
BUT the prices on there are quite high, the people selling on there are usually look for a decent profit margin i believe.

...or i could be mistaken? maybe somebody can clear this up for me??

basically i look at it this way..

the the exact time im writing this ive pulled up BTC-E and localbitcoins, as well as google for USD to AUD exchange rate.

on localbitcoins
cheapest selling BTC right now: 395AUD

BTC-e: 318 USD

1 aud = 0.87 USD

318USD in AUD 364..
thats $30 difference per BTC.
is there a quick and easy way to get it at this price in australia?