australian needs advice | Bitcointalksearch.org

goose20

legendary

Activity: 1173

Merit: 1000

Quote from: glennmatthew on October 18, 2014, 05:42:02 AM

Quote from: Miitch on October 16, 2014, 10:35:45 AM

Good short term solution, but we need something better in the long term or else too many transaction costs...

Agreed, by the time you change with the buy/sell rates and other fees, you may as well just pay the GST and use Coinjar.

Looks like it. Sad

Damn you circle, I really hoped you were the better alternative to coinjar.

glennmatthew

sr. member

Activity: 462

Merit: 253

Quote from: Miitch on October 16, 2014, 10:35:45 AM

Good short term solution, but we need something better in the long term or else too many transaction costs...

Agreed, by the time you change with the buy/sell rates and other fees, you may as well just pay the GST and use Coinjar.

Miitch

full member

Activity: 126

Merit: 100

Quote from: HeroCat on October 12, 2014, 06:10:36 PM

Just buy BTC with USD and then change USD to AUD
Simple as chicken ass Grin

Good short term solution, but we need something better in the long term or else too many transaction costs...

stup2plending

newbie

Activity: 8

Merit: 0

I am currently working on a mechanism to help out you Aussie LBC dealers. I have access to Coinbase for my BTC since I am in the US and I can accept bank wires as well as use atty based escrow for trades.

I'm very active on the BIG on FB and have my own blog on peer to peer lending including in BTC so you should go check me out.

Stu

Jamie_Boulder

sr. member

Activity: 378

Merit: 250

Quote from: ellave on October 07, 2014, 09:32:50 PM

Hi i'm in Aus, I've been trying to buy some BTC for nearly a week now. I had previously used coinjar but i refuse now on the basis of the GST. I tried circle but they wont accept any of my cards, I tried LBC & thought I found a local person to meet up with in cash (100+feedback) but he didn't response past the initial message & that's turned me off the experience.

After searching for more reputable companies I tried cointree, but they aren't accepting anymore deposits. Then on Monday I setup with Igot.com, this all seemed to be going very well I did a test deposit of $100 over bpay & was able to buy the next day, however I then discover you have to wait a week to be able to withdraw from there Angry

.

So after nearly a week I am still without any purchased coins in my wallet, however once igot is past the 1 week stage they look like a good option, that is untill the ATO gets hold of them

BTW this is a useful site if you aren't aware - http://comparebitcoins.net/

I didn't know Cointree stopped accepting deposits, I only just recommended someone to them yesterday (dammit!)

Munz77

full member

Activity: 167

Merit: 100

BTC markets is pretty good, and has good volumes.

Easy verification too...

HeroCat

hero member

Activity: 658

Merit: 500

Just buy BTC with USD and then change USD to AUD
Simple as chicken ass Grin

ellave

sr. member

Activity: 434

Merit: 250

Quote from: mrimport on October 08, 2014, 06:32:53 AM

Quote from: ellave on October 07, 2014, 09:32:50 PM

Hi i'm in Aus, I've been trying to buy some BTC for nearly a week now. I had previously used coinjar but i refuse now on the basis of the GST. I tried circle but they wont accept any of my cards, I tried LBC & thought I found a local person to meet up with in cash (100+feedback) but he didn't response past the initial message & that's turned me off the experience.

After searching for more reputable companies I tried cointree, but they aren't accepting anymore deposits. Then on Monday I setup with Igot.com, this all seemed to be going very well I did a test deposit of $100 over bpay & was able to buy the next day, however I then discover you have to wait a week to be able to withdraw from there Angry

.

So after nearly a week I am still without any purchased coins in my wallet, however once igot is past the 1 week stage they look like a good option, that is untill the ATO gets hold of them

BTW this is a useful site if you aren't aware - http://comparebitcoins.net/

igot is useless, then again every website has its owns little issues.

1 week is bullshit though.

im looking into anxpro.

Igot dont seem too bad once past the 7 day period, ANX is only wire transfers from Australia which if that's the case I would rather use BTC-E.

mrimport

newbie

Activity: 39

Merit: 0

Quote from: ellave on October 07, 2014, 09:32:50 PM

Hi i'm in Aus, I've been trying to buy some BTC for nearly a week now. I had previously used coinjar but i refuse now on the basis of the GST. I tried circle but they wont accept any of my cards, I tried LBC & thought I found a local person to meet up with in cash (100+feedback) but he didn't response past the initial message & that's turned me off the experience.

After searching for more reputable companies I tried cointree, but they aren't accepting anymore deposits. Then on Monday I setup with Igot.com, this all seemed to be going very well I did a test deposit of $100 over bpay & was able to buy the next day, however I then discover you have to wait a week to be able to withdraw from there Angry

.

So after nearly a week I am still without any purchased coins in my wallet, however once igot is past the 1 week stage they look like a good option, that is untill the ATO gets hold of them

BTW this is a useful site if you aren't aware - http://comparebitcoins.net/

igot is useless, then again every website has its owns little issues.

1 week is bullshit though.

im looking into anxpro.

goose20

legendary

Activity: 1173

Merit: 1000

Quote from: glennmatthew on October 07, 2014, 10:24:56 PM

Quote from: goose20 on October 07, 2014, 03:00:35 AM

Thank you for providing those details.

Seems the amount of deposit is not a factor.

I got this email just now from Circle:

Since our official launch on September 29th, we have tightened our security. This has had the result of blocking almost every non-US card until we are able to establish official partnerships with other countries banking institutions. I know that this is not convenient for you at this time, but making this possible is a priority for Circle.

Bugger.
Well that puts an end to circle until further notice.
Sad

glennmatthew

sr. member

Activity: 462

Merit: 253

Quote from: goose20 on October 07, 2014, 03:00:35 AM

Thank you for providing those details.

Seems the amount of deposit is not a factor.

I got this email just now from Circle:

Since our official launch on September 29th, we have tightened our security. This has had the result of blocking almost every non-US card until we are able to establish official partnerships with other countries banking institutions. I know that this is not convenient for you at this time, but making this possible is a priority for Circle.

ellave

sr. member

Activity: 434

Merit: 250

Hi i'm in Aus, I've been trying to buy some BTC for nearly a week now. I had previously used coinjar but i refuse now on the basis of the GST. I tried circle but they wont accept any of my cards, I tried LBC & thought I found a local person to meet up with in cash (100+feedback) but he didn't response past the initial message & that's turned me off the experience.

After searching for more reputable companies I tried cointree, but they aren't accepting anymore deposits. Then on Monday I setup with Igot.com, this all seemed to be going very well I did a test deposit of $100 over bpay & was able to buy the next day, however I then discover you have to wait a week to be able to withdraw from there Angry

.

So after nearly a week I am still without any purchased coins in my wallet, however once igot is past the 1 week stage they look like a good option, that is untill the ATO gets hold of them

BTW this is a useful site if you aren't aware - http://comparebitcoins.net/

goose20

legendary

Activity: 1173

Merit: 1000

Quote from: glennmatthew on October 06, 2014, 11:40:30 PM

Quote from: goose20 on October 06, 2014, 10:45:41 PM

Am wondering whether value has anything to do with it.

Are you willing to disclose value of successful dep and value of unsuccessful dep?
(Its ok if you want to keep that private)

It was only USD1 as a test each time. First transaction was successful, here is the transaction as shown on my BOQ transaction listing:

06/10/2014 CIRCLE INTERN 617-3268326 US FCY AMOUNT 1.03 CCY CONV FEE 0.03 $1.23

Total of 6% fees in this situation to purchase, including Circle's card fee + BOQ's foreign conversion fee.

Thank you for providing those details.

Seems the amount of deposit is not a factor.

glennmatthew

sr. member

Activity: 462

Merit: 253

Quote from: goose20 on October 06, 2014, 10:45:41 PM

Am wondering whether value has anything to do with it.

Are you willing to disclose value of successful dep and value of unsuccessful dep?
(Its ok if you want to keep that private)

It was only USD1 as a test each time. First transaction was successful, here is the transaction as shown on my BOQ transaction listing:

06/10/2014 CIRCLE INTERN 617-3268326 US FCY AMOUNT 1.03 CCY CONV FEE 0.03 $1.23

Total of 6% fees in this situation to purchase, including Circle's card fee + BOQ's foreign conversion fee.

goose20

legendary

Activity: 1173

Merit: 1000

Quote from: glennmatthew on October 06, 2014, 10:30:28 PM

Quote from: haploid23 on October 06, 2014, 09:36:10 PM

LBC has those inflated price because you're paying for the anonymity and receiving your btc quickly. You don't need to go through the hassle of document verification or go through AML checks.

Yep, it's the convenience premium, plus GST is crippling competitive rates locally. You need to buy offshore, then you either need to find someone that accepts a credit card or will take paypal. Otherwise you're forking out $20-40 per Western Union or MoneyGram transfer.

My BOQ Visa Debit worked with Circle on Saturday, now it's not even passing transactions through to be authorised.

Am wondering whether value has anything to do with it.

Are you willing to disclose value of successful dep and value of unsuccessful dep?
(Its ok if you want to keep that private)

Cheers

glennmatthew

sr. member

Activity: 462

Merit: 253

Quote from: haploid23 on October 06, 2014, 09:36:10 PM

LBC has those inflated price because you're paying for the anonymity and receiving your btc quickly. You don't need to go through the hassle of document verification or go through AML checks.

Yep, it's the convenience premium, plus GST is crippling competitive rates locally. You need to buy offshore, then you either need to find someone that accepts a credit card or will take paypal. Otherwise you're forking out $20-40 per Western Union or MoneyGram transfer.

My BOQ Visa Debit worked with Circle on Saturday, now it's not even passing transactions through to be authorised.

haploid23

legendary

Activity: 812

Merit: 1002

LBC has those inflated price because you're paying for the anonymity and receiving your btc quickly. You don't need to go through the hassle of document verification or go through AML checks.

mrimport

newbie

Activity: 39

Merit: 0

Quote from: glennmatthew on October 06, 2014, 04:58:05 PM

Quote from: mrimport on October 06, 2014, 09:32:20 AM

thanks for the info, i watched a long youtube video about circle, seemed good.. looks like usa has all the options.. maybe one day!

Hit me up if you're still looking to buy coin. I accept payment to my Commbank, NAB and BOQ accounts (transfer or branch deposit).

I can also trade in person if you live in Sydney.

Cool

inboxing now

glennmatthew

sr. member

Activity: 462

Merit: 253

Quote from: mrimport on October 06, 2014, 09:32:20 AM

thanks for the info, i watched a long youtube video about circle, seemed good.. looks like usa has all the options.. maybe one day!

Hit me up if you're still looking to buy coin. I accept payment to my Commbank, NAB and BOQ accounts (transfer or branch deposit).

I can also trade in person if you live in Sydney.

Cool

mrimport

newbie

Activity: 39

Merit: 0

Quote from: goose20 on October 06, 2014, 08:53:13 AM

Quote from: mrimport on October 06, 2014, 07:59:18 AM

Quote from: Beastlymac on October 06, 2014, 07:41:26 AM

You could always try coinjar. It is an Australian exchange.

Upload at least 1 document that contains your Full Name
Upload at least 1 document that contains your Residential Address
Upload at least 1 document that contains your Date of Birth
Upload at least 1 document that is issued by a Government

coinjar.. lol their prices are good though, i must admint. but 3 days to clear documents
$500 daily limit is a bit silly in my opinion

Coinjar has worked well for me in the past. Have bought over 30 btc.

However of recent, their exchange rate has resulted in only $94 worth of coin for every $100. That was before gst introduction so it may be well lower now.

Re the daily limit, it goes up pretty fast If you do frequent purchases. Mine is over $5k / day.

Try to get an account accepted on circle.com. my suncorp didnt work, some other guys anz also didnt work. But another guy got his st george visa debit accepted.

Circle would be the best if it works for you.

Good luck and be safe.

thanks for the info, i watched a long youtube video about circle, seemed good.. looks like usa has all the options.. maybe one day!

Topic: australian needs advice (Read 2976 times)