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Showing 5 of 5 results by hyp3x
I used localbitcoins.com
which was a link i got from the Newbie FAQ on this forum :0)
it was very painless.
I setup an account.
Picked someone with a good rep and the same bank as me
tranferrred them money, waited about an hour.
got bitcoins in my localbitcoins wallet
then i sent them from there to my computer wallet.
one thing i have noticed which doesn't jump out at you is transferring bitcoins is not instant.
mine took about 3 hours to confirm.
You can pay a fee (it's under settings, main, Pay transaction Fee) and then it goes much faster but if i wanted to pay banking fees i'd just use a bank.
who gets those transaction fees anyway?
which was a link i got from the Newbie FAQ on this forum :0)
it was very painless.
I setup an account.
Picked someone with a good rep and the same bank as me
tranferrred them money, waited about an hour.
got bitcoins in my localbitcoins wallet
then i sent them from there to my computer wallet.
one thing i have noticed which doesn't jump out at you is transferring bitcoins is not instant.
mine took about 3 hours to confirm.
You can pay a fee (it's under settings, main, Pay transaction Fee) and then it goes much faster but if i wanted to pay banking fees i'd just use a bank.
who gets those transaction fees anyway?
+1 Buying local is always the best if feasible.
Buying is legit. Selling is a NIGHTMARE.
+1 Selling is risky, but buying small amounts from reputable sellers is fairly simple.
I think the trust system is a brilliant idea. I'm a relative Newbie and made my first transaction via a Bitcointalk member today and the trust system increased my confidence to trade. It was also nice to receive positive feedback for my part of the transaction. 
Looks like one of you used the feedback system incorrectly. The risked BTC should really only be used by the person who risked something. The person who sent first would be the one who risked BTC, the second sender didn't risk anything because they had already received something, and they were just finishing the transaction.
I sent first, £10 GBP. I then received what I'd asked for which was 5 Litecoin. I used BTC-E for the conversion of 5 LTC to BTC which came out at a risk of 0.12 BTC, so I entered this figure in the risked BTC box. Is any of that procedure incorrect?
I believed you did it correctly, because you risked money. So your feedback with him would include what you risked. He's the one that took no risk with you and was incorrect. He already had cash in hand before he sent anything.
I'm liking this idea. Is this something Bitcointalk.org is implementing or just talking through it?