Search content
Sort by
Showing 20 of 38 results by cocopopcorn
Interest check - Would anyone be interested in Cash bought UK amazon gift cards?
Would anyone be interested in buying UK Amazon GCs paid for instore with cash for bitcoin? You would receive the gc + receipts scans at face value. No commission or fees.
So what do I get out of it? Bitcoin with no commission or fees too.
So what do I get out of it? Bitcoin with no commission or fees too.
thanks for the quick reply. If you could also explain how they are created/issued too?
Also if i send btc to an address that has not been created yet. Where does that go? Does it bounce back or does some future person land some free btc?
Will check back shortly
Also if i send btc to an address that has not been created yet. Where does that go? Does it bounce back or does some future person land some free btc?
Will check back shortly
Thanks. Cleared things up for me. I'm not trying to mix so no worries there just trying to get my head around the backend of things. Used LBC for years without giving it much thought ( like a typical end user 
)
)Ok so i follow some bitcoin whale alerts and they'll say something like:
1,234,567 btc moved from Coinbase wallet to unknown wallet.
How do they know a bitcoin wallet is issued by coinbase? Are they issued in blocks much like an ISP will have IP's in a block/range?
Also i assume all address must already be created (there is a limited (all though vast) amount of potential addresses) so how are they issued/ claimed?
If this is so why are some wallets 'unknown' I did think maybe trezor or ledger and the likes may be 'unknown' ... but surely they must of been issued too so why are they unknown.
Please help me understand.
thanks
1,234,567 btc moved from Coinbase wallet to unknown wallet.
How do they know a bitcoin wallet is issued by coinbase? Are they issued in blocks much like an ISP will have IP's in a block/range?
Also i assume all address must already be created (there is a limited (all though vast) amount of potential addresses) so how are they issued/ claimed?
If this is so why are some wallets 'unknown' I did think maybe trezor or ledger and the likes may be 'unknown' ... but surely they must of been issued too so why are they unknown.
Please help me understand.
thanks
Re: Buy cryptocurrency in any city in Europe without KYC/AML
Why would you send "your people" to collect a deposit .. rather than just send "your people" to do the deal there and then?
Because the minimum amount of the deal seems to suggest that we're not selling cakes. A security deposit is needed to cover the costs.I'll describe the simplest situation for you to understand why you (the buyer) need a security deposit to work with us.
Let's say you want to buy BTC from us for a minimum amount of 20k EUR in Paris. In the chat we have discussed all the conditions, set the final date of the deal, the place of the deal and the time of the deal. In the day of the deal our guys came to the meeting place... But you, and your men didn't come for some reason.
We are not interested in the reason why the buyer didn't show up. This means by default that the deal is canceled, and without a security deposit our guys have losses that include money for the road, time (spent in vain) which could be spent with more benefit and go to the real deal, etc.
Also, there are a lot of stupid schoolchildren in the crypto-community, who often write to me, "I want to buy a BTC for 100k USD", - ok, we are always ready. But when it comes to the insurance deposit and discussion of the details of the deal, these schoolchildren are escaping out of the chat.
The deal is on the buyer's territory, which means that he is able to provide security.
But you are saying "your guys" will go to collect the deposit well if no one shows up you have wasted costs just as if you were carrying out the actual transaction. So now you're sending "your guys" twice instead of just once
I think I over complicated my question basically all I want to know is does btc travel directly from Buyer to seller so
seller > escrow > (everythings good) seller > buyer
Or does the actual bitcoin travel through the 3rd part
seller > escrow > (everything good) > seller
Reason I ask is because if they actually took the bitcoin from the sellers wallet to their own 3rd party wouldn't it take at least 1 confirmation before the trade could continue? Also as soon as a trade is complete buyer can send it straight away elsewhere
Or do LBC "take the risk" (no risk because they have full control and give the illusion bitcoins have moved from your wallet etc?
If they do take it to their own pile .. isn't this kind of mixing coins since all on going trades will be in one big pot?
seller > escrow > (everythings good) seller > buyer
Or does the actual bitcoin travel through the 3rd part
seller > escrow > (everything good) > seller
Reason I ask is because if they actually took the bitcoin from the sellers wallet to their own 3rd party wouldn't it take at least 1 confirmation before the trade could continue? Also as soon as a trade is complete buyer can send it straight away elsewhere
Or do LBC "take the risk" (no risk because they have full control and give the illusion bitcoins have moved from your wallet etc?
If they do take it to their own pile .. isn't this kind of mixing coins since all on going trades will be in one big pot?
So Mr seller sells btc to Miss Buyer. Seller has btc loaded into his account via his wallet address. Trade Request by Miss Buyer locks the amount of sellers btc. This is the part i'm curious about. Once the trade is complete what is the route of the bitcoins do they go directly from Seller to Buyer or does localbitcoins take the coins to a 3rd party account and they give send to the buyer?
Looking for a wallet that supports Monero without payment ID requirements, Ledger doesn't seem to support it 
A reliable online wallet will be fine for now
Anyone can recommend?
thanks in advance
A reliable online wallet will be fine for nowAnyone can recommend?
thanks in advance
Is it ever possible to have more than 1 trade open as a buyer on LBC?
Does it ever become possible to have more than 1 trade open on localbitcoins as a buyer?
Some sellers have good prices but take forever to reply
Some sellers have good prices but take forever to reply
Thanks for the reples. I'll probably keep hold of my accounts then.
If LBC put an account on 'forced holiday' and no ID is provided, do you still have access to you btc or can you not even move bitcoins out of the account until ID is verified??
If LBC put an account on 'forced holiday' and no ID is provided, do you still have access to you btc or can you not even move bitcoins out of the account until ID is verified??
How would one put bitcoin sale down as "capital gains" for HMRC
How could i put bitcoins down with evidence as capital gains to HMRC when i've moved the bitcoins around over the years and don't have access to original account.
How would i do it so if ever questioned i could satisfy their questioning?
How would i do it so if ever questioned i could satisfy their questioning?