I would like 1000 GBP for crack and whores this weekend, so I load up Localbitcoins.com and browse the consumers.
Nice! I discover a man that may do money deposits to UK banks, and his fee is 6849 GBP / BTC (about 5% higher than spot worth!)
I am not one to ask questions, so I bounce in and provoke the commerce.
After 4mins I get a msg – It seems he “forgot to vary” his worth.
Chat thread right here: https://imgur.com/Ri2zeVG
Ahh, nicely you already know what they are saying, if it is too good to be true…
However no matter, he cancels the commerce, and I give him impartial suggestions.
You possibly can arrange auto pricing on Localbitcoins.com so there isn't any excuse for forgetting to vary the value.
Having the very best fee places you on the prime of the search outcomes = extra trades.
He instantly provided a cheaper price.
This makes me assume he was doing this on goal to bait in commerce gives, then negotiate a decrease extra practical worth.
He had 98% score – 249 constructive – 20 impartial – 6 unfavourable.. forgetting to vary the value is a noob mistake he would not make.
However no matter… I give him impartial (not unfavourable)….
It seems he wasn't too happy with impartial suggestions and started to threaten me.
I've simply ignored him for now – however this makes me realise that the entire system is flawed. I think about some individuals can be tempted to revoke their suggestions, which suggests you may't belief suggestions!
Localbitcoins.com must make it nameless to forestall individuals being scared to snitch.
Seems like I will have to remain on this weekend with a pot noodle and Netflix.