Thursday, October 31, 2013

Bitcoins Exchanged succesfully in Mali #BitcoinAfrica

Our Africa motorcycler and Bitcoiner, Borja reported a new exchange story from Africa, this time from Mali.

"We just arrived to burkina faso, and crossed an incredible border from Mali. 3 really kind polices and thats all, they did it very easy and without bribes. Asking us about the trip and smiling all the time.
We had today quite a hard day, we had two punctures in my bike, first one in my front tyre and when i realized it was too late, very difficult to control and i fell, around 70km/h
Everything ok! Really good luck.
After fixing the first puncture, with the help of two guys that saw us and came to help. I had another puncture, this time of my back tyre, and with better luck, I felt it before it was too late. 
Before that in Mali,we where a bit scared with the news of Al Qaeda and the Touregs in the north, and we discovered an amazing country. Everybody smiling, saying "bonjour" every time you cross with someone, in the road, everybody saying hello with their hands and supporting us. The south of the country was so beautiful, a lot more water and trees than what we thought. A bit more to the north the city of Djenné (World Heritage) with a really beautiful mosque made of mud, the biggest in the world, and was made around 1180.
We were for 3 days in Bamako, visiting our friend "Curro" that works there for a spanish company.
He never heard before about bitcoin and we explained what it was, and he is so interested, so he opened a new account, he let us money for that three days, and we are going to pay him in bitcoins. There and in many other countries people use FRANC CFAS."




Next steps on the trip:
Burkina faso -Ouagadougou 
Togo -Lomé
Benin -Cotonou
Cameroon -Douala
Nigeria -Abuja
 Republic of Congo -Brazzaville
Democratic Republic of Congo -Kinshasha
Angola -Luanda
Namibia -Windhoek
Bostwana -Gaborone
South Africa-Cape Town
If you are in these country or know a willing exchanger from these countries, please contact Borja on LocalBitcoins or create your own ad to your country for free.

Wednesday, October 16, 2013

#BitcoinAfrica - Bitcoins exchanged succesfully in Morocco


Motorcycle trip through Africa continues - and Bitcoins were exchanged succesfully!

Read the Bitcoin Magazine Story about the trip.

Next steps on the trip:
Western Sahara
Mauritania  -Nouakchott
Senegal  -Dakar 
Mali   - Bamako
Burkina faso -Ouagadougou 
Togo -Lomé
Benin -Cotonou
Cameroon -Douala
Nigeria -Abuja
 Republic of Congo -Brazzaville
Democratic Republic of Congo -Kinshasha
Angola -Luanda
Namibia -Windhoek
Bostwana -Gaborone
South Africa-Cape Town

If you are in these country or know a willing exchanger from these countries, please contact Borja on LocalBitcoins or create your own ad to your country for free.

Friday, October 11, 2013

#BitcoinAfrica - touring the Africa continent using #Bitcoins - help needed!

LocalBitcoins.com is sponsoring a motorcycle trip throughout Africa. The idea is to find an willing exchanger (Bitcoins -> Cash) from each country/city during the trip and blog about the experience. Therefore we are in an urgent need of exchangers, who would like to exchange bitcoins to cash in each country.

We need local contacts in the following African countries for an extremely interesting upcoming adventure. If you know anybody in these countries/cities, or if you are in them, please spread the word:


Morocco -Casablanca -Marrakech
Western Sahara
Mauritania  -Nouakchott
Senegal  -Dakar 
Mali   - Bamako
Burkina faso -Ouagadougou 
Togo -Lomé
Benin -Cotonou
Cameroon -Douala
Nigeria -Abuja
 Republic of Congo -Brazzaville
Democratic Republic of Congo -Kinshasha
Angola -Luanda
Namibia -Windhoek
Bostwana -Gaborone
South Africa-Cape Town


To contact the motorcycler (Borja) directly to set up an exchange: borjaserra@hotmail.com

You can set up an exchange advertisement here.
If you have any problems setting up an ad for your local place, tell us about them on the localbitcoins forums.


The motorcycle used on the trip - with Bitcoin and LocalBitcoins stickers!



Friday, October 4, 2013

Buying Bitcoins the smart way - tracking liquidity

Today we launched a new minor feature on LocalBitcoins, which should make certain type of trading much easier. It is the "track liquidity" option, which is possible to enable for buy ads.

Example scenario: I want to invest 1000 USD each month from my paycheck to Bitcoins. What is the smart way to do this? I create an advertisement with max amount 1000 USD for the payment method of my choice, and offer speedy payouts. Each time an order comes in, my max sellable amount is automatically deducted, meaning that I can't buy more than I have.

Good buying equation for this kind of trading is for example min(min(bitstampUSD, USD_24h), mtgoxUSD). See more examples in the pricing guide.