Am I Missing Something, Why Make Receiving Bitcoins Difficult?

chronicsky

legendary

Activity: 2800

Merit: 1222

Just looking for peace

Quote from: Chemistry1988 on January 21, 2015, 12:25:55 PM

Quote from: chronicsky on January 21, 2015, 12:15:33 PM

Quote from: Levitron on January 20, 2015, 06:35:44 AM

I usually hear some complicated ways of receiving bitcoin that would probably turn others off like the noobs or masses

If giving them btc or telling a noob to get a payment from you from btc all you need is

Step1: Go to www.electrum.org download and install electrum; save keys

Step 2: Click receive address button, copy n paste addy and send to whoever wants to send you bitcoins

Step 3: Done

Takes literally a few minutes to setup and receive btc

And some ways to receive bitcoins
coinbase.com
localbitcoins.com
peer to trade with
paypal

why is paypal there?
how do we receive bitcoins through paypal ?

You can buy bitcoin with paypal on Virwox, localbitcoins and some other places. Be warned that you are going to pay a high price because of the chargeback risk to the seller.

never heard of virwox , though yeah i see it on localbitcoins but the prices ammmmm you're right are High

Gervais

sr. member

Activity: 366

Merit: 250

Or find someone dumb enough to sell you them on here Grin

.

Chemistry1988

legendary

Activity: 1120

Merit: 1000

Quote from: chronicsky on January 21, 2015, 12:15:33 PM

Quote from: Levitron on January 20, 2015, 06:35:44 AM

I usually hear some complicated ways of receiving bitcoin that would probably turn others off like the noobs or masses

If giving them btc or telling a noob to get a payment from you from btc all you need is

Step1: Go to www.electrum.org download and install electrum; save keys

Step 2: Click receive address button, copy n paste addy and send to whoever wants to send you bitcoins

Step 3: Done

Takes literally a few minutes to setup and receive btc

And some ways to receive bitcoins
coinbase.com
localbitcoins.com
peer to trade with
paypal

why is paypal there?
how do we receive bitcoins through paypal ?

You can buy bitcoin with paypal on Virwox, localbitcoins and some other places. Be warned that you are going to pay a high price because of the chargeback risk to the seller.

chronicsky

legendary

Activity: 2800

Merit: 1222

Just looking for peace

Quote from: Levitron on January 20, 2015, 06:35:44 AM

I usually hear some complicated ways of receiving bitcoin that would probably turn others off like the noobs or masses

If giving them btc or telling a noob to get a payment from you from btc all you need is

Step1: Go to www.electrum.org download and install electrum; save keys

Step 2: Click receive address button, copy n paste addy and send to whoever wants to send you bitcoins

Step 3: Done

Takes literally a few minutes to setup and receive btc

And some ways to receive bitcoins
coinbase.com
localbitcoins.com
peer to trade with
paypal

why is paypal there?
how do we receive bitcoins through paypal ?

Gervais

sr. member

Activity: 366

Merit: 250

Contrary to popular belief bitcoin is very simple to use. In fact, I find it to be as simple as using paypal and even easier than setting up online banking. I think bitcoin seems confusing and scary to the general public but this will change over time.

bitbaby

hero member

Activity: 812

Merit: 1000

I don't know where you saw users being advised a difficult way of receiving bitcoin, I usually tell them to use either blockchain or electrum if they can control their keys but most new users opt to use on-line wallets because they don't have enough funds that they have to worry about and also they're not completely clear about how wallets and prvt keys work. Once they understand the basics, they them selves move to safer keeping of their funds.

freedomno1

legendary

Activity: 1806

Merit: 1090

Learning the troll avoidance button :)

Quote from: ensurance982 on January 20, 2015, 07:11:46 PM

Well, I believe it's mostly about buying Bitcoins, not the actual 'receiving' part. People are afraid to go through all the hoops in order to use a Bitcoin exchange. That's the complicated part that may put people off. Receiving BTC is easy, of course!

Yep the problem is the hoops, I remember when all I needed to do was initiate a bank transfer
Money was recieved in the same day
Now with KYL AMC and all the documentation this process takes several days to occur and the application takes time.
Receiving is cake its buying that's a pain.

ikydesu

hero member

Activity: 686

Merit: 500

fb.com/Bitky.shop | Bitcoin Merch!Premium Quality!

Quote from: Levitron on January 20, 2015, 06:35:44 AM

I usually hear some complicated ways of receiving bitcoin that would probably turn others off like the noobs or masses

If giving them btc or telling a noob to get a payment from you from btc all you need is

Step1: Go to www.electrum.org download and install electrum; save keys

Step 2: Click receive address button, copy n paste addy and send to whoever wants to send you bitcoins

Step 3: Done

Takes literally a few minutes to setup and receive btc

And some ways to receive bitcoins
coinbase.com
localbitcoins.com
peer to trade with
paypal

Good choice for the wallet Wink

Receiving bitcoin is easy very easy, my suggestion is join SIG campaign, put your addy on your profile, start to posting with consuctive post and every week or month you will receive your btc Cheesy

sethminer14

member

Activity: 98

Merit: 10

Yeah it's more complicated to buy bitcoin than it is to set up an address

tidus1097

sr. member

Activity: 434

Merit: 252

Quote from: Levitron on January 20, 2015, 08:12:30 AM

Coinbase is easy but having to verify bank accs and what not might turn them off at first, til they get used to btc.

Don't need to verify bank accs just need verify phone number

ensurance982

hero member

Activity: 518

Merit: 500

Trust me!

Well, I believe it's mostly about buying Bitcoins, not the actual 'receiving' part. People are afraid to go through all the hoops in order to use a Bitcoin exchange. That's the complicated part that may put people off. Receiving BTC is easy, of course!

medUSA

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Activity: 952

Merit: 1003

--Signature Designs-- http://bit.ly/1Pjbx77

Quote from: Levitron on January 20, 2015, 06:35:44 AM

I usually hear some complicated ways of receiving bitcoin that would probably turn others off like the noobs or masses

Receiving bitcoin was never difficult. We only need an address, either from a webwallet or an exchange. Keeping them safe and secure has always been the challenge. Usually the "complicated ways" are there to secure your coins and not for creating an address.

pooya87

legendary

Activity: 3472

Merit: 10611

Quote from: bluemountain on January 20, 2015, 09:38:59 AM

https://bitcoinarmory.com/ Armory is another great secure Bitcoin wallet which will take you through all the steps of the process for a secure wallet

it might be easy but not NEWBIE friendly. since you have to download 25GB of Data. in other words a new user needs to wait a couple of hours at best to synch to be able to see what is what. and that is exactly an example of what OP means

Quote

... complicated ways of receiving bitcoin that would probably turn others off like the noobs or masse

i personally prefer Blockchain.info

Salmon1989

hero member

Activity: 603

Merit: 500

Quote from: Levitron on January 20, 2015, 06:35:44 AM

I usually hear some complicated ways of receiving bitcoin that would probably turn others off like the noobs or masses

If giving them btc or telling a noob to get a payment from you from btc all you need is

Step1: Go to www.electrum.org download and install electrum; save keys

Step 2: Click receive address button, copy n paste addy and send to whoever wants to send you bitcoins

Step 3: Done

Takes literally a few minutes to setup and receive btc

And some ways to receive bitcoins
coinbase.com
localbitcoins.com
peer to trade with
paypal

IMO, experienced users don't really want to make newbies confused. They (We?) just want to warn the newbies of all the potential problems (eg. no control of private keys in shared wallets, coin loss with hacking and malware in hot wallets) and sometimes makes things way too complicated and technical for newbies without noticing it.

oblivi

hero member

Activity: 700

Merit: 501

Quote from: kolloh on January 20, 2015, 11:07:24 AM

I think blockchain.info is one of the easiest ways to receive. It is a simple sign up for new users and easy way to get into BTC.

This. I think the future as in mainstream adoption must happen under a web interface, downloading a program is just not cool.

kolloh

legendary

Activity: 1736

Merit: 1023

I think blockchain.info is one of the easiest ways to receive. It is a simple sign up for new users and easy way to get into BTC.

gkv9

legendary

Activity: 1246

Merit: 1000

!!! RiSe aBovE ThE StoRm !!!

You can also try https://onename.com/ which is currently compatible with RushWallet and Electrum, and the coolest thing is, your username is your bitcoin address... Wink

Also, please check out this if you are from India: https://ihb.io/2015-01-19/news/zebpay-bitcoin-wallet-15496

bluemountain

full member

Activity: 197

Merit: 100

https://bitcoinarmory.com/ Armory is another great secure Bitcoin wallet which will take you through all the steps of the process for a secure wallet

sgk

legendary

Activity: 1470

Merit: 1002

!! HODL !!

Quote from: Levitron on January 20, 2015, 06:35:44 AM

I usually hear some complicated ways of receiving bitcoin that would probably turn others off like the noobs or masses

If giving them btc or telling a noob to get a payment from you from btc all you need is

-snip-

For a complete noob or the old Joe, I believe there have to be some easier way than this, to receive Bitcoins.

Take a look at this:

While I don't personally use it (because I'm doing fine loading my Multibit on PC), I really like how they're making sending/receiving Bitcoins a very simple process like sending an email. You just need a easy-to-remember user name to give your address to someone.

Q7

sr. member

Activity: 448

Merit: 250

First thing first, try not to treat noobs in a mean manner. The community needs newbies and the way we give names and telling how incompetent only turns off people's attention towards bitcoin. When I talk about bitcoin, there's never a dumb question. We all start from somewhere.

Topic: Am I Missing Something, Why Make Receiving Bitcoins Difficult? (Read 1379 times)