Jump to content

LocalBitcoins: Difference between revisions

From Wikipedia, the free encyclopedia
Content deleted Content added
I put a website which offer news of Bitcoin thanks
 
(230 intermediate revisions by more than 100 users not shown)
Line 1: Line 1:
{{Short description|Bitcoin platform in Finland}}
{{Use dmy dates|date=November 2023}}
{{Infobox company
{{Infobox company
| name = LocalBitcoins
| name = LocalBitcoins
| logo = LocalBitcoins_logo_and_wordmark.png
| logo = LocalBitcoins_logo_and_wordmark.png
| founded = June 2012<ref name="Knibbs2012">{{cite news|last=Knibbs |first=Kate |date=2015-02-05 |title=Meet the Street Dealers Who Peddle Bitcoin |url=http://gizmodo.com/the-street-dealers-who-peddle-bitcoin-1683847723 |work=[[Gizmodo]] |accessdate=2016-12-30 |archiveurl=http://www.webcitation.org/6n8YgGQ5l?url=http://gizmodo.com/the-street-dealers-who-peddle-bitcoin-1683847723 |archivedate=2016-12-30 |deadurl=yes |df= }}</ref> in [[Helsinki]], [[Finland]]<ref>{{cite web|url=http://www.crunchbase.com/company/localbitcoins |title=LocalBitcoins &#124; CrunchBase Profile |work=[[CrunchBase]]|date= |accessdate=2014-02-19}}</ref>
| founded = {{start date|2012|6}}<ref name="Knibbs2012">{{cite news|last=Knibbs |first=Kate |date=2015-02-05 |title=Meet the Street Dealers Who Peddle Bitcoin |url=https://gizmodo.com/the-street-dealers-who-peddle-bitcoin-1683847723 |work=[[Gizmodo]] |access-date=2016-12-30 |archive-url=https://web.archive.org/web/20161230081844/http://gizmodo.com/the-street-dealers-who-peddle-bitcoin-1683847723 |archive-date=2016-12-30 |url-status=dead }}</ref>
| founder = Jeremias Kangas
| key_people = Nicholas Kangas <small>(CEO)</small><ref name="Leung2016"/><br />Jeremias Kangas <small>(Founder)</small><ref name="Pineda2014"/>
| hq_location_city = [[Helsinki]]
| website = {{Official website|https://localbitcoins.com/}}
| hq_location_country = Finland
| defunct = {{End date|2023|2}}
| fate =
| area_served = Worldwide<ref name="livemint_">{{Cite web|url=https://www.livemint.com/Money/qAqErlD8q6yEnR9P3W3v9J/Making-a-fortune-from-arranging-private-bitcoin-transactions.html|title=Making a fortune from arranging private bitcoin transactions|first=Steve|last=Stecklow|date=September 29, 2017|website=mint|archive-url=https://web.archive.org/web/20170930163347/http://www.livemint.com/Money/qAqErlD8q6yEnR9P3W3v9J/Making-a-fortune-from-arranging-private-bitcoin-transactions.html|archive-date=2017-09-30|url-status=live}}</ref>
| key_people = Sara Leppänen <small>(CEO)</small> <br /> Nikolaus Kangas <small>(former CEO)</small><br />Jeremias Kangas <small>(former CEO)</small>
| num_employees = 100+
| website = {{URL|https://localbitcoins.com}}
}}
}}

'''LocalBitcoins''' is a [[bitcoin]] [[startup company]] based in [[Helsinki]], [[Finland]]. Its service facilitates [[Over-the-counter (finance)|over-the-counter]] trading of local currency for bitcoins.<ref name=wired>{{cite web|last=McMillan |first=Robert |url=https://www.wired.com/wiredenterprise/?p=47251 |title=Why the Only Real Way to Buy Bitcoins Is on the Streets &#124; Wired Enterprise |work=[[Wired (website)|Wired]]|publisher=[[Condé Nast]]|date=2013-03-28 |accessdate=2014-02-19}}</ref> Users post advertisements on the website, where they state exchange rates and payment methods for buying or selling bitcoins. Other users reply to these advertisements and agree to meet the person to buy bitcoins with cash<ref>{{cite web |url=https://www.nytimes.com/2013/08/01/technology/personaltech/virtual-currency-gains-ground-in-actual-world.html?_r=0, |first=Kate |last=Murphy |work=[[New York Times]]|date=July 31, 2013 |accessdate=February 20, 2014 |title=Virtual Currency Gains Ground in Actual World}}</ref> or pay with online banking. LocalBitcoins has a [[reputation system|reputation and feedback mechanism]] for users and an escrow and conflict-resolution service. As of December 2013, LocalBitcoins has around 110,000 active traders with a trade volume of 1400–3000 bitcoins per day.<ref>{{cite web|last=Lemarchand |first=Rafael |url=http://www.arcticstartup.com/2013/12/06/helsinkis-localbitcoins-hits-up-to-e3-million-a-day-in-exchanges |title=Helsinki's LocalBitcoins Hits Up To €3 Million A Day In Exchanges |publisher=ArcticStartup |date=2013-12-06 |accessdate=2014-02-19}}</ref>
'''LocalBitcoins''' was a [[peer-to-peer]] [[cryptocurrency exchange|bitcoin exchange]] platform based in [[Helsinki]], [[Finland]].<ref name="bloomberg_20190711_btcpopularity">{{cite news | url=https://www.bloomberg.com/news/articles/2019-07-11/bitcoin-s-reawakening-drives-diehards-deeper-into-the-shadows | title=Crypto Peer-to-Peer Exchanges Grow in Popularity as Regulatory Scrutiny Rises | newspaper=Bloomberg.com | date=11 July 2019 }}</ref><ref name="ft_top100europe">{{Cite news|url=https://www.ft.com/content/cf0c5fce-3112-11e8-b5bf-23cb17fd1498|title=The FT 1000: The complete list of Europe's fastest growing companies|first=Ian|last=Smith|newspaper=Financial Times|date=February 11, 2018|archive-url=https://web.archive.org/web/20190220012734/https://www.ft.com/content/cf0c5fce-3112-11e8-b5bf-23cb17fd1498|archive-date=2019-02-20|url-status=live}}</ref>

Its service facilitated [[Over-the-counter (finance)|over-the-counter]] trading of local currency for bitcoins.<ref name="wired_20130328_btcstreets">{{cite web|last=McMillan |first=Robert |url=https://www.wired.com/2013/07/buttonwood/ |title=Why the Only Real Way to Buy Bitcoins Is on the Streets |work=[[Wired (website)|Wired]]|publisher=[[Condé Nast]]|date=2013-03-28 |access-date=2014-02-19 |archive-url=https://web.archive.org/web/20140416141419/http://www.wired.com/2013/07/buttonwood |archive-date=2014-04-16 |url-status=live}}</ref> Users posted advertisements on the website, where they stated exchange rates and payment methods for buying or selling bitcoins.<ref name="bloomberg_20170224_unkillable">{{cite news | url=https://www.bloomberg.com/opinion/articles/2017-02-24/even-china-can-t-kill-bitcoin | title=Even China Can't Kill Bitcoin | newspaper=Bloomberg.com | date=24 February 2017 }}</ref> Other users replied to these advertisements and make the payment in their specified payment method. In December 2020, LocalBitcoins had over 1,000,000 active traders with a trade volume
of 612 million US dollars between October and December 2020.<ref name="cfi_20210204_1millionactive">{{Cite web|url=https://www.crowdfundinsider.com/2021/02/171915-bitcoin-adoption-nearly-1m-active-localbitcoins-users-in-q4-2020-while-p2p-competitor-paxful-reports-steady-btc-trading-growth/|title=Bitcoin Adoption: Nearly 1M Active LocalBitcoins Users in Q4 2020, while P2P Competitor Paxful Reports Steady BTC Trading Growth|date=February 4, 2021|website=Crowdfund Insider |archive-url=https://web.archive.org/web/20210204125859/https://www.crowdfundinsider.com/2021/02/171915-bitcoin-adoption-nearly-1m-active-localbitcoins-users-in-q4-2020-while-p2p-competitor-paxful-reports-steady-btc-trading-growth/ |archive-date=2021-02-04 |url-status=live}}</ref> LocalBitcoins shut down in February 2023.


== History ==
== History ==
LocalBitcoins was founded in June 2012 by Jeremias Kangas. He implemented an [[escrow]] system for the marketplace by the end of 2012. The website started generating revenue by early 2013.<ref name="Pineda2014">{{cite web|url=http://bitcoinist.com/exclusive-interview-with-founder-of-localbitcoins-com-jeremias-kangas/|last=Pineda|first=Marco|date=2014-07-14|work=Bitcoinist|accessdate=2017-01-03|deadurl=no|title=Exclusive Interview With Founder of LocalBitcoins.com - Jeremias Kangas|archivedate=2017-01-03|archiveurl=https://web.archive.org/web/20170103182152/http://bitcoinist.com/exclusive-interview-with-founder-of-localbitcoins-com-jeremias-kangas/}}</ref>
LocalBitcoins was founded in June 2012 by Jeremias Kangas. He implemented an [[escrow]] system for the marketplace by the end of 2012. The website started generating revenue by the beginning of 2013, and in 2020 there was an average of 29,566 successful trades per day.<ref name="cfi_20210204_1millionactive" />


In 2018, LocalBitcoins headed the list of best financially performing companies in [[Finland]] arranged by the local specialized publication [[Kauppalehti]].<ref name="kauppalehti_20181023_topcompaniesfinland">{{Cite web|url=https://www.kauppalehti.fi/yritykset/menestyjat/parhaat|title=Kauppalehti Menestyjät &#124; Yritykset &#124; Kauppalehti|website=Tärkeimmät talousuutiset &#124; Kauppalehti|archive-url=https://web.archive.org/web/20181023162135/https://www.kauppalehti.fi/yritykset/menestyjat/parhaat |archive-date=2018-10-23 |url-status=deviated}}</ref>
In April 2014, the company announced that it would begin mass-producing low-cost [[bitcoin ATM]]s.<ref>{{cite web|author=Joon Ian Wong |url=http://www.coindesk.com/localbitcoins-manufacturing-low-cost-bitcoin-atm/ |title=LocalBitcoins Starts Manufacturing Low-Cost Bitcoin ATM |work=[[CoinDesk]]|date=2014-02-15 |accessdate=2014-02-19}}</ref> In the same month, LocalBitcoins suffered from a security breach, when 30 bitcoins (then worth US$15k) were stolen from its users.<ref name="Berkman2014">{{cite news|last=Berkman |first=Fran |date=2014-04-17 |title=LocalBitcoins exchange confirms security breach, stolen bitcoins |url=http://www.dailydot.com/news/localbitcoins-malware-hack-phishing/ |work=[[The Daily Dot]] |accessdate=2016-12-30 |archiveurl=http://www.webcitation.org/6n8YYNu84?url=http://www.dailydot.com/news/localbitcoins-malware-hack-phishing/ |archivedate=2016-12-30 |deadurl=yes |df= }}</ref>


In 2014, 2016, and 2018 people who used the site were arrested for money laundering and related crimes.<ref name="bi_20140209_targeted">{{cite web|url=http://www.businessinsider.com/localbitcoinscom-targeted-by-feds-2014-2|title=LocalBitcoins.com Targeted - Another Major Bitcoin Exchange May Be Under Threat|date=2014-02-09|work=[[Business Insider]]|access-date=2014-02-19|archive-url=https://web.archive.org/web/20140214131319/http://www.businessinsider.com/localbitcoinscom-targeted-by-feds-2014-2|archive-date=2014-02-14|url-status=live}}</ref><ref name="jgov_20170525_shreveport">{{Cite web|url=https://www.justice.gov/usao-wdla/pr/former-shreveport-chiropractor-son-sentenced-operating-illegal-bitcoin-exchange|title=Former Shreveport chiropractor, son sentenced for operating illegal bitcoin exchange business|date=2017-05-25|website=www.justice.gov|language=en|access-date=2019-05-31|archive-url=https://web.archive.org/web/20230409221749/https://www.justice.gov/usao-wdla/pr/former-shreveport-chiropractor-son-sentenced-operating-illegal-bitcoin-exchange|archive-date=2023-04-09|url-status=live}}</ref><ref name="arst_20180711_300kprison">{{Cite web|url=https://arstechnica.com/tech-policy/2018/07/woman-who-once-bought-bitcoins-for-300000-cash-in-paper-bags-sent-to-prison/|title=Woman who once bought bitcoins for $300,000 cash in paper bags sent to prison|last=Farivar|first=Cyrus|date=2018-07-11|website=Ars Technica|language=en-us|access-date=2019-04-07|archive-url=https://web.archive.org/web/20180711091234/https://arstechnica.com/tech-policy/2018/07/woman-who-once-bought-bitcoins-for-300000-cash-in-paper-bags-sent-to-prison/|archive-date=2018-07-11|url-status=live}}</ref>
In December 2014, the [[Federal Financial Supervisory Authority]] of Germany contacted LocalBitcoins about licensing issues, and LocalBitcoins ceased to operate in Germany.<ref name="Rizzo2014">{{cite news|url=http://www.coindesk.com/localbitcoins-exploring-options-service-halt-germany/|title=LocalBitcoins 'Exploring Options' After Service Halt in Germany|last=Rizzo|first=Pete|date=2014-12-10|accessdate=2017-01-03|work=CoinDesk|deadurl=no|archivedate=2016-04-10|archiveurl=https://web.archive.org/web/20160410172937/http://www.coindesk.com/localbitcoins-exploring-options-service-halt-germany/}}</ref> LocalBitcoins said that it had about 8000 people actively using the service from Germany at the time.<ref name="Rizzo2014"/>


In January 2019, attackers stole bitcoin worth $28,200 from users' LocalBitcoins accounts.<ref name="zdnet_20190127_lb-breach">{{cite news |last1=Cimpanu |first1=Catalin |title=LocalBitcoins blames security breach on forum 'third-party software' |url=https://www.zdnet.com/article/localbitcoins-blames-security-breach-on-forum-third-party-software/ |work=ZDNet |date=January 27, 2019 |archive-url=https://web.archive.org/web/20201026112004/https://www.zdnet.com/article/localbitcoins-blames-security-breach-on-forum-third-party-software/ |archive-date=2020-10-26 |url-status=live }}</ref> LocalBitcoins was able to identify and solve the case immediately, announcing so to its users. On the same day, LocalBitcoins shared that LocalBitcoins accounts were safe to use and emphasized the importance of [[two-factor authentication]].
In February 2014, two men from [[Florida]] were charged with violating state money laundering laws for using LocalBitcoins.<ref>{{cite web|url=http://www.businessinsider.com/localbitcoinscom-targeted-by-feds-2014-2 |title=LocalBitcoins.com Targeted - Another Major Bitcoin Exchange May Be Under Threat |work=[[Business Insider]]|date=2014-02-09 |accessdate=2014-02-19}}</ref> In April 2016, another two men from [[Louisiana]], [[United States]], a former [[chiropractor]] and his son, pleaded guilty to funneling money through an unlawful Bitcoin financial scheme. The men were using LocalBitcoins to advertise their services.<ref name="Maras2016">{{cite web|author=Elliot Maras |url=https://www.cryptocoinsnews.com/arrests-and-prosecutions-reveal-big-vagaries-in-bitcoin-selling-regulations/ |title=Arrests And Prosecutions Reveal Big Vagaries In Bitcoin Selling Regulations |work=[[CryptoCoinsNews]]|date=2016-05-23 |accessdate=2016-05-23}}</ref>


In November 2019, LocalBitcoins.com got registered as a Virtual Currency Provider by the [[Finnish Financial Supervisory Authority]].<ref>{{Cite web|url=https://www.finanssivalvonta.fi/en/publications-and-press-releases/Press-release/2019/the-financial-supervisory-authority-granted-five-registrations-as-virtual-currency-provider--scope-of-supervision-is-the-prevention-of-money-laundering/|title=The Financial Supervisory Authority granted five registrations as virtual currency provider|website=finanssivalvonta.fi|access-date=2020-02-21|archive-date=2020-02-21|archive-url=https://web.archive.org/web/20200221163915/https://www.finanssivalvonta.fi/en/publications-and-press-releases/Press-release/2019/the-financial-supervisory-authority-granted-five-registrations-as-virtual-currency-provider--scope-of-supervision-is-the-prevention-of-money-laundering/|url-status=dead}}</ref>
In August 2015, LocalBitcoins ceased to operate in [[New York (state)|New York]] state because sellers would have to purchase a [[BitLicense]] from the [[New York State Department of Financial Services]] to remain in compliance with local financial regulations.<ref name="Young2015">{{cite magazine|url=https://bitcoinmagazine.com/articles/bitquick-local-bitcoins-terminate-service-ny-due-bitlicense-compliance-costs-1439414074|title=BitQuick and Local Bitcoins Terminate Service in NY due to BitLicense Compliance Costs|work=[[Bitcoin Magazine]]|last=Young|first=Joseph|date=2015-08-25|accessdate=2017-01-03|archivedate=2016-05-21|deadurl=no|archiveurl=https://web.archive.org/web/20160521121646/https://bitcoinmagazine.com/articles/bitquick-local-bitcoins-terminate-service-ny-due-bitlicense-compliance-costs-1439414074}}</ref>


On 9 February 2023, LocalBitcoins announced it would cease operations later in February.<ref>{{Cite web|url=https://localbitcoins.com/service_closure/|title=LocalBitcoins will discontinue its service|website=localbitcoins.com|access-date=2023-02-09 |archive-url=https://web.archive.org/web/20230209083741/https://localbitcoins.com/service_closure/ |archive-date=2023-02-09 |url-status=live }}</ref>
In August 2016, LocalBitcoins said that 1.35 million people from 249 countries were using its platform, and that the weekly volume of transactions was US$14 million.<ref name="Leung2016">{{cite news|work=[[CoinTelegraph]]|title=Russia Blocks Finnish Bitcoin Exchange, Reasons Not Explained|last=Leung|first=Angus|url=https://cointelegraph.com/news/russia-blocks-finnish-bitcoin-exchange-reasons-not-explained|accessdate=2017-01-03|archivedate=2017-01-03|date=2016-09-16|archiveurl=https://web.archive.org/web/20170103185503/https://cointelegraph.com/news/russia-blocks-finnish-bitcoin-exchange-reasons-not-explained|deadurl=no}}</ref>


==Services==
In September 2016, access from Russia to LocalBitcoins was blocked by [[Roskomnadzor]], the executive agency for telecommunications in Russia, after the finance ministry proposed criminalising the use of bitcoin.<ref name="Redman2016">{{cite news|url=https://news.bitcoin.com/russian-blacklist-localbitcoins/|title=Russian Authorities Ban LocalBitcoins, Contradicting Previous Statements|last=Redman|first=Jamie|date=2016-09-12|accessdate=2017-01-03|deadurl=no|archivedate=2016-09-12|archiveurl=https://web.archive.org/web/20160912174110/https://news.bitcoin.com/russian-blacklist-localbitcoins/|work=Bitcoin.com|publisher=Saint Bitts}}</ref><ref name="Das2016">{{cite news|last=Das|first=Samburaj|work=CryptoCoinsNews|url=https://www.cryptocoinsnews.com/russia-blocks-access-bitcoin-p2p-exchange-localbitcoins/|date=2016-09-13|title=Russia Blocks Access to Bitcoin P2P Exchange LocalBitcoins|archivedate=2016-09-14|deadurl=no|archiveurl=https://web.archive.org/web/20160914181612/https://www.cryptocoinsnews.com/russia-blocks-access-bitcoin-p2p-exchange-localbitcoins/}}</ref> LocalBitcoins posted instructions for users on how to bypass the access restrictions.<ref name="Redman2016"/><ref name="Mizrahi2016">{{cite news|last=Mizrahi |first=Avi |date=2016-09-13 |title=Russia's National Censor Blocks Access to LocalBitcoins. LocalBitcoins responded to the ban by instructing Russian users on how to bypass the censorship. |url=http://www.financemagnates.com/cryptocurrency/news/russias-national-censor-blocks-access-to-localbitcoins/ |newspaper=Finance Magnates |accessdate=2016-12-30 |archiveurl=http://www.webcitation.org/6n8YlTpgM?url=http://www.financemagnates.com/cryptocurrency/news/russias-national-censor-blocks-access-to-localbitcoins/ |archivedate=2016-12-30 |deadurl=yes |df= }}</ref>
The website offered a service to facilitate the locating of Bitcoin users, who could meet for person to person trading of bitcoin.<ref name="BOD">{{cite book|last1=Guttmann|first1=Benjamin|title=The Bitcoin Bible|date=2013-11-25|publisher=Books on Demand|isbn=978-3732284320|url=https://books.google.com/books?id=WfUtAgAAQBAJ&q=localbitcoins&pg=PA23}}</ref>{{rp|23}} The site was suggested for casual traders seeking more privacy.<ref name="BOD"/>{{rp|207}} The site used an escrow system, and the transfer of bitcoin was made after funds were received in the sellers account.<ref name="BLP">{{cite book|last1=Patterson|first1=Sam|title=Bitcoin Beginner: A Step By Step Guide To Buying, Selling And Investing In Bitcoins|date=2013-12-04|publisher=Better Life Publishers|isbn=9781483521060|url=https://books.google.com/books?id=onJcDQAAQBAJ&q=localbitcoins&pg=PT35}}</ref><ref name="WileyGuide">{{cite book|last1=Cofnas|first1=Abe|title=The Forex Trading Course: A Self-Study Guide to Becoming a Successful Currency Trader, 2nd Edition|date=2015-07-20|publisher=Wiley Trading|isbn=978-1118998656|url=https://books.google.com/books?id=FR_YCQAAQBAJ&q=localbitcoins&pg=PA221}}</ref>{{rp|221}} LocalBitcoins had a [[reputation system]] for users and an escrow and conflict resolution service.


== References ==
== References ==
{{reflist|30em}}
{{reflist}}


==External links==
==External links==
* [https://localbitcoins.com/ Official website]
* {{Official website}}

* [http://www.huffingpost.ga/ news about bitcoin]
{{Cryptocurrency exchanges}}
{{Bitcoin}}

its looks wrong
[[Category:Bitcoin companies]]
[[Category:Bitcoin companies]]
[[Category:2012 establishments in Finland]]
[[Category:Financial services companies established in 2012]]
[[Category:Companies established in 2012]]
[[Category:Financial services companies of Finland]]
[[Category:Finnish companies established in 2012]]
[[Category:Companies based in Helsinki]]

Latest revision as of 05:10, 12 November 2024

LocalBitcoins
FoundedJune 2012 (2012-06)[1]
FounderJeremias Kangas
DefunctFebruary 2023 (2023-02)
Headquarters,
Finland
Area served
Worldwide[2]
Key people
Sara Leppänen (CEO)
Nikolaus Kangas (former CEO)
Jeremias Kangas (former CEO)
Number of employees
100+
Websitelocalbitcoins.com

LocalBitcoins was a peer-to-peer bitcoin exchange platform based in Helsinki, Finland.[3][4]

Its service facilitated over-the-counter trading of local currency for bitcoins.[5] Users posted advertisements on the website, where they stated exchange rates and payment methods for buying or selling bitcoins.[6] Other users replied to these advertisements and make the payment in their specified payment method. In December 2020, LocalBitcoins had over 1,000,000 active traders with a trade volume of 612 million US dollars between October and December 2020.[7] LocalBitcoins shut down in February 2023.

History

[edit]

LocalBitcoins was founded in June 2012 by Jeremias Kangas. He implemented an escrow system for the marketplace by the end of 2012. The website started generating revenue by the beginning of 2013, and in 2020 there was an average of 29,566 successful trades per day.[7]

In 2018, LocalBitcoins headed the list of best financially performing companies in Finland arranged by the local specialized publication Kauppalehti.[8]

In 2014, 2016, and 2018 people who used the site were arrested for money laundering and related crimes.[9][10][11]

In January 2019, attackers stole bitcoin worth $28,200 from users' LocalBitcoins accounts.[12] LocalBitcoins was able to identify and solve the case immediately, announcing so to its users. On the same day, LocalBitcoins shared that LocalBitcoins accounts were safe to use and emphasized the importance of two-factor authentication.

In November 2019, LocalBitcoins.com got registered as a Virtual Currency Provider by the Finnish Financial Supervisory Authority.[13]

On 9 February 2023, LocalBitcoins announced it would cease operations later in February.[14]

Services

[edit]

The website offered a service to facilitate the locating of Bitcoin users, who could meet for person to person trading of bitcoin.[15]: 23  The site was suggested for casual traders seeking more privacy.[15]: 207  The site used an escrow system, and the transfer of bitcoin was made after funds were received in the sellers account.[16][17]: 221  LocalBitcoins had a reputation system for users and an escrow and conflict resolution service.

References

[edit]
  1. ^ Knibbs, Kate (5 February 2015). "Meet the Street Dealers Who Peddle Bitcoin". Gizmodo. Archived from the original on 30 December 2016. Retrieved 30 December 2016.
  2. ^ Stecklow, Steve (29 September 2017). "Making a fortune from arranging private bitcoin transactions". mint. Archived from the original on 30 September 2017.
  3. ^ "Crypto Peer-to-Peer Exchanges Grow in Popularity as Regulatory Scrutiny Rises". Bloomberg.com. 11 July 2019.
  4. ^ Smith, Ian (11 February 2018). "The FT 1000: The complete list of Europe's fastest growing companies". Financial Times. Archived from the original on 20 February 2019.
  5. ^ McMillan, Robert (28 March 2013). "Why the Only Real Way to Buy Bitcoins Is on the Streets". Wired. Condé Nast. Archived from the original on 16 April 2014. Retrieved 19 February 2014.
  6. ^ "Even China Can't Kill Bitcoin". Bloomberg.com. 24 February 2017.
  7. ^ a b "Bitcoin Adoption: Nearly 1M Active LocalBitcoins Users in Q4 2020, while P2P Competitor Paxful Reports Steady BTC Trading Growth". Crowdfund Insider. 4 February 2021. Archived from the original on 4 February 2021.
  8. ^ "Kauppalehti Menestyjät | Yritykset | Kauppalehti". Tärkeimmät talousuutiset | Kauppalehti. Archived from the original on 23 October 2018.
  9. ^ "LocalBitcoins.com Targeted - Another Major Bitcoin Exchange May Be Under Threat". Business Insider. 9 February 2014. Archived from the original on 14 February 2014. Retrieved 19 February 2014.
  10. ^ "Former Shreveport chiropractor, son sentenced for operating illegal bitcoin exchange business". www.justice.gov. 25 May 2017. Archived from the original on 9 April 2023. Retrieved 31 May 2019.
  11. ^ Farivar, Cyrus (11 July 2018). "Woman who once bought bitcoins for $300,000 cash in paper bags sent to prison". Ars Technica. Archived from the original on 11 July 2018. Retrieved 7 April 2019.
  12. ^ Cimpanu, Catalin (27 January 2019). "LocalBitcoins blames security breach on forum 'third-party software'". ZDNet. Archived from the original on 26 October 2020.
  13. ^ "The Financial Supervisory Authority granted five registrations as virtual currency provider". finanssivalvonta.fi. Archived from the original on 21 February 2020. Retrieved 21 February 2020.
  14. ^ "LocalBitcoins will discontinue its service". localbitcoins.com. Archived from the original on 9 February 2023. Retrieved 9 February 2023.
  15. ^ a b Guttmann, Benjamin (25 November 2013). The Bitcoin Bible. Books on Demand. ISBN 978-3732284320.
  16. ^ Patterson, Sam (4 December 2013). Bitcoin Beginner: A Step By Step Guide To Buying, Selling And Investing In Bitcoins. Better Life Publishers. ISBN 9781483521060.
  17. ^ Cofnas, Abe (20 July 2015). The Forex Trading Course: A Self-Study Guide to Becoming a Successful Currency Trader, 2nd Edition. Wiley Trading. ISBN 978-1118998656.
[edit]