Silk Road forums

Discussion => Newbie discussion => Topic started by: semolinaz on August 01, 2013, 11:26 am

Title: Localbitcoins down
Post by: semolinaz on August 01, 2013, 11:26 am
Localbitcoins is down at the moment, they say a few hours & all will be back on again.

Also just noticed this on the site:

Note: you currently can only request an escrow up to 0.5 BTC. You will be able to buy more once you gain trades/reputation. The sellers specify the limits.

WTF? Is this a new thing for first timers as I didn't notice this when I signed up a while ago? 0.5 bitcoins is no good for me. Does it mean I am limited to buying 0.5 per day or something??
Title: Re: Localbitcoins down
Post by: ghost1993 on August 01, 2013, 11:39 am
depends on the seller.i have seen some with a limit of 5.0 and some with 10.0. and also some with no limit
Title: Re: Localbitcoins down
Post by: semolinaz on August 01, 2013, 11:43 am
Oh right, so it's not a general rule for everyone? Best to message the seller & confirm what's what first right? Thanks
Title: Re: Localbitcoins down
Post by: ghost1993 on August 01, 2013, 11:47 am
usually it says what their limit is but yea message them..but also once you have made some purchases the limit will increase or there wont be one anymore
Title: Re: Localbitcoins down
Post by: semolinaz on August 01, 2013, 12:01 pm
Thanks for that but... I understand the 'limits' info on each seller but then why does the message from localbitcoins say:

 Note: you currently can only request an escrow up to 0.5 BTC. You will be able to buy more once you gain trades/reputation. The sellers specify the limits.

This looks like it's something imposed by localbitcoins regardless of what the seller has to offer. Maybe I am misunderstanding things?
Title: Re: Localbitcoins down
Post by: ghost1993 on August 01, 2013, 12:05 pm
maybe it is imposed by them but i think the seller still gets to decide what the limit is atleast
i dont really use that site that often anyway just more transaction fees because you must use their wallet
Title: Re: Localbitcoins down
Post by: semolinaz on August 01, 2013, 12:12 pm
k, cool. Ill just have see what happens when I message the seller. Trial & error is the word of the day around here :)