P2P Trading site like LocalBitcoins that trades at market rates.

Would this work? Do you guys still think sellers would sell on a platform like this despite no profit margins to be made like on LocalBitcoins? Definitely be a field day for buyers.

Would love some input on this - Interested in starting something around this idea.


Comments


[4 Points] SpiffyWhiff:

I have a great idea, lets make a DNM where vendors give away the drugs for free! Would this work? It would definitely be a field day for junkies.


[1 Points] FreshestNuts:

You hit the needle on the head when you said "Definitely be a field day for buyers". Also, this would be a site solely for people to wash their bitcoins...why would people go to an alternative than LBC when they aren't getting a profit on top of selling coins? Most of the sellers on these sites buy and resell the coins they aren't gambling to win 20+ bitcoins a day.


[1 Points] penguinmixer:

Do you guys still think sellers would sell on a platform like this despite no profit margins to be made?

People who advertise trades on LBC for the purpose of profiting in the exchange (whether it's by 2% or 20%) are not going to go to a new site and advertise trades for 0% profit. How would that benefit them?

There are sometimes people on LBC who are desperate to buy/sell who advertise at market rates. You have to keep checking every day. Sometimes you will find a good deal. Act fast when you see one.


[1 Points] None:

Mycelium.


[1 Points] MandyThatGirl:

Well you catch more flies with honey then you do with vinager dont you ;) hehe