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/biz/ - Business & Finance


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

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.5576125

>>5576061
Buy dgb way better gains

>> No.5576150

>>5576061
watch out for feds

>> No.5576188

>>5576061
Look up how many people have been arrested for doing this

>> No.5576195

>>5576061

For one, its illegal to sell Bitcoin in the US without a MSB license. Other than that, no catch. Lots of eager buyers.

>> No.5576233

>>5576195

I based in Africa, if that's the only pitfall I'm fucking golden

>> No.5576274

The catch is if the buyer uses stolen funds to purchase your bitcoin, you bank account will be frozen

>> No.5576336
File: 76 KB, 1280x720, maxresdefault (2).jpg [View same] [iqdb] [saucenao] [google]
5576336

>>5576061
>use this site in 2013 to get BTC as there was no coinbase yet
>seller: "I want to give this to you"
>seller hands me a small silver, plastic bitcoin
>QR code on the back
>seller: "It's not much, but I have one for everyone who buys from me"
>leave coin in my drawer for years
>cash out in 2014
>2015
>2016
>end of 2017
>BITCOIN IS SKYROCKETING
>scan QR code
>"Zero funds"

YOU FAT FUCKING WHITE NECKBEARD BASEMENT DWELLING FAGGOT!

>> No.5576595

>>5576274

Can I get fucked across borders?
Can I be charged in my country for US laws?Jails in my country are not a good place for a pretty fashion conscious faggot like me.

Also I there an opportunity for me to build a relationship with a US resident, where I can do his bidding from my country where laws are lax?

A month ago I sent my personal verification details to every exchange I could.

I am registered to make to deposits on 9 different exchanges where US residents are struggling to register accounts.

>> No.5576700

>>5576336

So what happened my G? Reading your reply the way I understand it, if you cashed out in 2014 why did expect funds in 2017?

>> No.5576820
File: 179 KB, 1060x1060, SHOOTER.jpg [View same] [iqdb] [saucenao] [google]
5576820

>>5576700
I never removed the funds from off the coin, I wanted a Futurama like spin to my life (if you know which episode I'm talking about).

The coin had something like 0.50 BTC.

>> No.5576959

>>5576820

fuck

>> No.5577041

>>5576061
I used it today to cash out some profits, bank transfer, ez mode

>> No.5577331
File: 15 KB, 1357x628, United_States_extradition_treaties_countries.png [View same] [iqdb] [saucenao] [google]
5577331

>>5576595
Here you go, fren.
Any blue country has some form of agreement with the U.S.

Grey countries have no extradition laws.

>> No.5577517

>>5577331

Fucc Im in the blue, I am going to have to research this very fucking carefully.

Thanks fren. you are blessed

>> No.5577616

>>5577331

Researching financial crimes case law now, have a feeling I might get away with pleasurable deniability

>> No.5577641
File: 135 KB, 425x516, 1471387567697.jpg [View same] [iqdb] [saucenao] [google]
5577641

>>5577517
"Everyone must submit to governing authorities. For all authority comes from God, and those in positions of authority have been placed there by God. So anyone who rebels against authority is rebelling against what God has instituted, and they will be punished. For the authorities do not strike fear in people who are doing right, but in those who are doing wrong. Would you like to live without fear of the authorities? Do what is right, and they will honor you. The authorities are God’s servants, sent for your good. But if you are doing wrong, of course you should be afraid, for they have the power to punish you. They are God’s servants, sent for the very purpose of punishing those who do what is wrong. So you must submit to them, not only to avoid punishment, but also to keep a clear conscience.

Pay your taxes, too, for these same reasons. For government workers need to be paid. They are serving God in what they do. Give to everyone what you owe them: Pay your taxes and government fees to those who collect them, and give respect and honor to those who are in authority."" - Romans 13:1-7

>> No.5577758

>>5576595
absolutely. Marc Emery went to US federal prison for selling marijuana SEEDS across the Canadian/US border.

>> No.5578493

>>5577641

Amazed with life, that on anonymous person on this insane communication platform could affect me like this. fucking bless.