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/biz/ - Business & Finance

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>> No.5576061 [View]
File: 33 KB, 878x298, Bitcoins-for-Backpage-LocalBitcoins.png [View same] [iqdb] [saucenao] [google]
5576061

Redpill me on localbitcoins /biz/

Seems like easy money to simply buy Bitcoin on my exchange and selling it quickly on localbitcoins at a proft.

Surely it can't be that fucking easy? Where is the catch?

>I am new be gentle /biz/ or don't i don't mind rought times with the bois

>> No.5152656 [View]
File: 33 KB, 878x298, Bitcoins-for-Backpage-LocalBitcoins.png [View same] [iqdb] [saucenao] [google]
5152656

I've been making $1500 everyday selling BTC to normies.

I could be making more but fucking GDAX limits me to 10K daily withdrawal, and 10 days to put money back into coinbase.

Instant purchase costs $222 for 15k + slippage and 2-5% difference from GDAX which always means $400+ difference.

What jew system is this?

Why can't I profit off the back of coinbase?

Also, is it true they'll ban me if they find out?

>> No.4772067 [View]
File: 33 KB, 878x298, Local_Bitcoins.png [View same] [iqdb] [saucenao] [google]
4772067

Has anyone made money selling BTC through localbitcoins.com? Did you do it in person or online? How much of a premium were you able to charge? How did you ensure you didn't get scammed? Wondering if selling at a premium is a worthwhile side hustle.

>> No.4199962 [View]
File: 33 KB, 878x298, Bitcoins-for-Backpage-LocalBitcoins.png [View same] [iqdb] [saucenao] [google]
4199962

Have you guys used local bitcoins instead of coinbase?
https://localbitcoins.com/?ch=hukx

>> No.3557003 [View]
File: 33 KB, 878x298, LBC.png [View same] [iqdb] [saucenao] [google]
3557003

Will my PNC bank account get flagged if I were to receive deposits of $100 or so from random places across the country? and is it safe to do cash by mail from the reputable traders?

Want to get less traceable money so I don't have to worry as much about having to track and pay taxes later.

OR is it best to just suck a dick and withdraw from coinbase?

>> No.2802085 [View]
File: 33 KB, 878x298, LocalBitcoins.com%2BLogo%2Bcropped[1].png [View same] [iqdb] [saucenao] [google]
2802085

I have most of my BTC sitting at LocalBitcoins.com
Should I move it to a private wallet or is it safe to leave it there?

>> No.2746345 [View]
File: 33 KB, 878x298, LocalBitcoins.com%2BLogo%2Bcropped[1].png [View same] [iqdb] [saucenao] [google]
2746345

has anyone used this site?
what is the normal fee to meet in person with someone and trade?
Is that a good way to buy?

>> No.2740399 [View]
File: 33 KB, 878x298, LocalBitcoins.com Logo cropped.png [View same] [iqdb] [saucenao] [google]
2740399

>Sent 10$
>Received only 8.5$(2.95mBTC) due to fee
>Fuck localbitcoins
Why is this allowed?

>> No.2567273 [View]
File: 33 KB, 878x298, LocalBitcoins.com Logo cropped.png [View same] [iqdb] [saucenao] [google]
2567273

Are you concerned about submitting your real name and/or ID copy? Is there any privacy risk or way to link it to your cypto?

I bought BTC like 3 years ago on localbitcoins, but now many traders require fucking name and ID, which I don't like.

>> No.803953 [View]
File: 33 KB, 878x298, LocalBitcoins.com Logo cropped.png [View same] [iqdb] [saucenao] [google]
803953

Hey /biz/, is this site/similar sites a decent enough way to make a bit of money? or am i just going to lose it

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