Experience of litecoinlocal.org?

uncle_muddy

Does any one have any experience of trading on https://litecoinlocal.org?

I’m just starting to get involved in the whole crypto currency world, and as with all of these things I like to follow the whole process through from start to finish. So I’m working on the following check list at the moment:

Read all about it
Beer
Read more about it
Beer
Think about it
Beer
Start a bit of mining for fun
Beer
Setup off line wallet
Beer
Step up mining
Beer
Transfer funds from pool to wallet
Beer
Sell FTC and see money in bank account
Beer

As you can see from the above there is a repeated task all they way through the process to allow for more thinking, further discussions with people etc… If theres any thing that you can add to my check list please comment ;)

So as I’m based in the UK litecoinlocal seams like a good place to start a small trade just to see what happens, but I would like any feed back you guys can give. Good, bad, or ugly

Thanks in advance

UM

kris_davison

Didn’t you miss beer out in the middle somewhere.

uncle_muddy

It would appear not, and that is the major cause of the problem :)

You have all been to polite to point out that I was asking about a trading platform for LTC on a FTC forum :doh

So now the beer intake has lead to further conversations with someone who was not quite a polite as you guys, and I quote “you fool, your not going to get many answers there as your asking about different crypto’s, now get the beers in you tw@”

Can anyone recommend a similar setup to the above but for the trading of FTC? I’m looking for a small trade of around 5 LTC just to prove the theory here

UM

wrapper

I haven’t but I’m for meets and “local trading.”

uncle_muddy

I’m currently looking at crypto-trade, and then having to pass them back to OKPAY before being able to finally transfer back into my UK bank account in GBP, this all seams a bit difficult to me, when with a little bit of trust I’d give some account details and the money would be in my account.

The above coupled with an Escrow service similar to that offered viia litecoinlocal.org seams way more simpler and sounds like we wouldn’t be paying out 3 maybe 4 lots of at least 1% commission for the services.

I’m fast starting to understand that all of this is in its infancy and that already a few undesirables have started to take advantage and rip people off, by reversing PayPal etc… but surely there has to be a better way?

Maybe I need to do a little more research and lay off the beer :P into how we as a community persuade the likes of litecoinlocal to become coinlocal and start accepting the FTC for what I believe it’s worth.

All of the above said, I’d be interested in meets and “local trading”

UM