I know these guys personally. While of course their service has a risk, the business is legit. I have been using their service for some time for modest amounts.

Basically they lend the btc and other platforms like bitfinex in an automated way. This means counter-party risk, which is rewarded with the interest.

- Jeremias

Hi, we made the fee model change some time ago. The reason for the fee model change is that small deposits cost a lot for all of our users, because spending an output is more costly. People were sending small deposits to our wallet (dust), and causing the fees for everyone to increase. Note that the sending fees went much lower now after this change.

We try to make our fees go lower, but it will take some time and work.

We published this blog post when the fee model changed: https://localbitcoins.com/blog/new-bitcoin-network-fee-model/

Additionally there is information about the fees on the fees page: https://localbitcoins.com/fees

And also on the wallet page the fees are mentioned. The fee varies on depending on the bitcoin network situation. For example at this moment the bitcoin network deposit fee is 0.00036793 BTC - it has went lower recently.

Can you sell this through the localbitcoins escrow?

Where can I buy those t-shirts?

Well, more than a pure donation, I see this project as a more like BTC promotion, and Africa is interesting market for BTC. I don't know what your data or perspective is, but Africa isn't just a black hole which takes all the money, but a participant in the global trade as well.

Hi, LocalBitcoins.com is on board on this project. We will pledge 1 BTC to start, and more when the project proceeds and we see some results.

LocalBitcoins.com is sponsoring a motorcycle trip throughout Africa. The idea is to find an willing exchanger (Bitcoins -> Cash) from each country/city during the trip and blog about the experience. Therefore we are in an urgent need of exchangers, who would like to exchange bitcoins to cash in each country.

We need local contacts in the following African countries for an extremely interesting upcoming adventure. If you know anybody in these countries/cities, or if you are in them, please get in touch with us asap:

Morocco
 -Casablanca
 -Marrakech

Western Sahara

Mauritania
  -Nouakchott

Senegal
 -Dakar

Mali  
 - Bamako

Burkina faso
 -Ouagadougou

Togo
 -Lomé

Benin
 -Cotonou

Cameroon
 -Douala

Nigeria
 -Abuja

 Republic of Congo
 -Brazzaville

Democratic Republic of Congo
 -Kinshasha

Angola
 -Luanda

Namibia
 -Windhoek

Bostwana
 -Gaborone

South Africa
-Cape Town

To contact the motorcycler (Borja) directly to set up an exchange: borjaserra@hotmail.com
To set up an exchange advertisement: https://localbitcoins.com/advertise/
If you have any problems setting up an ad for your local place, msg me here.

I love it!

Localbitcoins.com is a web wallet, the outgoing transactions are not in any way connected to incoming.

LOL, the lamest thing ever. Like there weren't something like 10000 satoshidice clones already.

It is time to have an another hackathon! We organize it this time near Helsinki, Finland.

Hackathon - people gather together at one place, hacking, programming, brainstorming, developing and launching a product in one weekend!

Meet other skillful technologists. Form teams. Share ideas. Execute.

Also if you are a designer/marketer/any other skill set, please come. Some projects have need for diverse skillsets

LocalBitcoins.com will sponsor refreshments etc.

Facebook event: https://www.facebook.com/events/215318135290614/?fref=ts
Web site: http://www.bitcoin-hackathon.com

Welcome!

Localbitcoins.com has also affiliate program nowadays: https://localbitcoins.com/affiliate/

If you are receiving miniscule amounts, then it doesn't matter. You can use common sense. The site isn't scam.

I guess with some code wizardy you can export the private keys to bitcoind or multibit.

Single-address-per-transaction policy is better for privacy, and also protects from a class of security issues AFAIK. IMHO it is kind of supporting that BItcoinJ dev team hasn't been very keen on implementing proper multi-address support. But then again, it is open source, if you don't like it develop a batch... Myself I don't use BitcoinJ but other solutions.

MLM's are very scammy in general. There might be some honest work in MLM's, but generally that "industry" is very, very scammy. I recommend everyone to avoid those. You can use google and research why people think MLM's are scams by default, I think it is a no-brainer.

Hi, might be a bug. Currently the "confirmed" status of feedback is determined if the volume between traders is >0.5 BTC, or the total volume of the person who leaves the feedback is over certain amount. If you want to help, send me the trade ID as a private message and I will inspect it.

Also, I don't see how it would be a way for buyers to "squeeze" better prices. It might be competitors doing this, to get your ads away, but I don't see how the buyers would benefit from this.

Hi, there is the "first-time buyer limit" in the advanced section on the advertisement form, which can help you from these cases. Then you can specify a coefficient as it goes up with volume.

We are also developing other solutions to fix this problem.

The only problem is our current dev resources, which are limited. But I can promise you that the floating feature is coming.