Bitcoin buying question | Bitcointalksearch.org

croutonhexagon

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Quote from: ktru19 on August 07, 2016, 03:24:30 AM

hi all sorry it may be answered elsewhere but theres so many post on here (im new here) still reading through just wanting to know a few things.
Which bitcoin wallet is recommended/why
Which exchange is recommended/why
Why would you buy off people here instead of a site (is it cheaper? if so what prices do you go by here)
what is the most common/safe to do transaction on here eg paypal/skrill/neteller or other?
are people on here worldwide?
sorry for newbie questions just my reading is abit slow and my wanting to know is getting more and more lol cheers in advance. hoping to have a start to bitcoin by end of night

.

1) Bro If you Want to Use an Online Wallet Then You Can Use Blockchain.info and If You Want to Use Offline Wallet then Use Paper Wallets.....
2) I Prefer You Only Two Exchanges First Localbitcoins.com and Second Cex.io Website.....
3) It is Much Faster And Safer Than Buying From a Website....
4) I think Paypal Is Much Safer For Transactions....
5) Yes Bro People Here are From All Over the World....

SteinsMadScientist

newbie

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Merit: 0

Hey Ktru19, welcome to the forum.

When choosing a (bitcoin) btc wallet it is better to have one that is not on the internet (like blockchain). You can choose whatever type you want, however make sure that it has good security.
Exchanges come and go. Stay away from the ones that look like scams or are defunct. (Mt. Goxx, Cryptsy). If you would like a tutorial on how to trade on them the Rimbit forum has 2 great tutorials on how to trade on ccex and yobit. Link here: http://rimbit.com/documents/
I haven't purchased from anyone here so I would not be the best person to answer this.
Paypal is not a safe enough method because the transactions can be reversed where bitcoin transactions are final.
Yes, wea re from every continent on the planet earth. Some may be from pluto... whoops... nobody is supposed to know that Shocked

Stay excited, digital coins are awesome.

bitgolden

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Leading Crypto Sports Betting & Casino Platform

Quote from: ktru19 on August 07, 2016, 03:24:30 AM

Which bitcoin wallet is recommended/why

I am using Coinbase for the past 2 years and hence would recommend that.

Quote from: ktru19 on August 07, 2016, 03:24:30 AM

Which exchange is recommended/why

Virwox and Unocoin are the best exchanges. I trust them and have always managed to exchange my bitcoins through these websites.

Quote from: ktru19 on August 07, 2016, 03:24:30 AM

Why would you buy off people here instead of a site (is it cheaper? if so what prices do you go by here)

Because you can use an escrow and plus you can trust users here more than on exchange websites (you can get to know if accounts are bought or not).

Quote from: ktru19 on August 07, 2016, 03:24:30 AM

what is the most common/safe to do transaction on here eg paypal/skrill/neteller or other?

Perfect Money and OKPay are the best payment processors as money received from both payment methods can never be reversed.

Quote from: ktru19 on August 07, 2016, 03:24:30 AM

are people on here worldwide?

Yes.

stromma44

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Quote from: Anemed on August 07, 2016, 12:20:03 PM

Quote from: ktru19 on August 07, 2016, 05:25:15 AM

mainly looking to buy something that i could easily sell when i need the $$ wouldnt signup to anything of that sort as i dont normally have spare cash until weeks where i get overtime

Buying bitcoins now will be a good idea. Now it would be a good investment to have good profit in future. The price is less now compared to earlier. So buying and saving the bitcoin now will really give a good profit.

Yeah price is comparatively lower at a moment so I think is good time to make some investments and buy coins and save it for the future to earn higher profits.

Kevin77

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Quote from: danfoda on August 07, 2016, 03:38:29 AM

Quote from: ktru19 on August 07, 2016, 03:24:30 AM

hi all sorry it may be answered elsewhere but theres so many post on here (im new here) still reading through just wanting to know a few things.
Which bitcoin wallet is recommended/why
Which exchange is recommended/why
Why would you buy off people here instead of a site (is it cheaper? if so what prices do you go by here)
what is the most common/safe to do transaction on here eg paypal/skrill/neteller or other?
are people on here worldwide?
sorry for newbie questions just my reading is abit slow and my wanting to know is getting more and more lol cheers in advance. hoping to have a start to bitcoin by end of night

.

1. https://bitcoin.org/en/choose-your-wallet You cant go wrong with any of these wallets.
2. Me personally only use localbitcoins, but I dont think it fits in the category.
3. Cheaper and faster.
4. Paypal is the least safe. Skrill/Neteller are fine as long the funds are not obtained illegally nor by online gambling if you are in the US.
5. Yes

Quote from: ktru19 on August 07, 2016, 03:38:07 AM

i am from australia so if i use skrill or neteller would there be a conversion fee how does it work if i buying from someone or selling to someone who normally covers the fees.
so with all the different "wallets" out there are there fees for transaction and is there a minimum. also if i joined a wallet base from australia will it be possible to transact with one from us

Using bitcoin doesnt matter where you are from, but there is conversion fee using skrill/neteller/paypal.

LBC has a lot of scammers ready to scam even if the buyer sends via PayPal/Skrill. Also, Skrill/Neteller aren't good payment processors as they are knwon to block accounts anytime. They have done it twice with me and after I had verified my account and was not exchanging using their payment processors. Bitcoin wallet that is the most trusted is only blockchain.

Anemed

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Quote from: ktru19 on August 07, 2016, 05:25:15 AM

mainly looking to buy something that i could easily sell when i need the $$ wouldnt signup to anything of that sort as i dont normally have spare cash until weeks where i get overtime

Buying bitcoins now will be a good idea. Now it would be a good investment to have good profit in future. The price is less now compared to earlier. So buying and saving the bitcoin now will really give a good profit.

Natlind

full member

Activity: 193

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Bitcoin buying question? Do you mean, you have questions on buying bitcoins? If you have a question as should I buy bitcoins now, then I would suggest you to buy the bitcoins now as the price is bit less.

bitkilo

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Quote from: ktru19 on August 07, 2016, 05:25:15 AM

mainly looking to buy something that i could easily sell when i need the $$ wouldnt signup to anything of that sort as i dont normally have spare cash until weeks where i get overtime

When i am in need of some quick fiat cash then i just send some btc to my coinjar account and transfer the amount i need to the coinjar swipe card and withdrawal from any atm, whole process can only take minutes.

Or just shoot me a PM when you have something for sale and i may buy some if i need.

ktru19

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mainly looking to buy something that i could easily sell when i need the $$ wouldnt signup to anything of that sort as i dont normally have spare cash until weeks where i get overtime

bitkilo

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https://www.bitcoin.com/

Quote from: ktru19 on August 07, 2016, 03:38:07 AM

i am from australia so if i use skrill or neteller would there be a conversion fee how does it work if i buying from someone or selling to someone who normally covers the fees.
so with all the different "wallets" out there are there fees for transaction and is there a minimum. also if i joined a wallet base from australia will it be possible to transact with one from us

Welcome follow aussie, i am in Melbourne and have been using bitcoin here dor over 2 years now.
Some of your questions depend on what it is you want to do with your bitcoins once you get them.

First off to purchase bitcoin we have many good companies to do that through, Coinjar would be my number 1 pick as they have great customer support when needed and have always been a solid player within the Australian bitcoin community.
I know some people will say stay away from them due to one of it founding members being linked to the bitconica fiasco but as long as you dont store coins on the site you will be safe.

If you are currently working then the best way to get some coins each payday would be to sign up at https://www.getpaidinbitcoin.com.au and have a portion of your wage sent directly to them and they will convert it to bitcoin for just a $1 fee, they are still in beta so if interested PM me and i can put you onto the members that run it and let you know my experiences with them.
I have used the company for almost 6 months now with never a problem.

This is their bct thread: https://bitcointalksearch.org/topic/ann-get-paid-in-bitcoin-wwwgetpaidinbitcoincomau-1294867

goose20

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Quote from: ktru19 on August 07, 2016, 04:46:56 AM

you are from aus? got westpac at all ^^ will you be up at midnight

waiting for my pay to come in lol. i dunno looking to buy 100-200 and have a play with it first

Brisbane.
No Westpac. Sorry.
Probably wont be up midnight lol.
Am happy to meet f2f if you happen to be from Brissy too.
My coin is on Poloniex, and at random times it gets held up as 'pending' for a while and other times is almost instant - just letting you know as i cant do last minute or urgent deals.
Am happy to do AUS$100-200.

ktru19

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you are from aus? got westpac at all ^^ will you be up at midnight

waiting for my pay to come in lol. i dunno looking to buy 100-200 and have a play with it first

notnormals

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It depends on who you buy it from, the current rate and the sellers percentage. You can get the current bitcoin price from here http://www.coindesk.com/price/

goose20

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Quote from: ktru19 on August 07, 2016, 04:33:19 AM

ahah yeah i just relized they were apps to be installed.

.
so if i was to buy bitcoin off someone where would the prices be coming from eg the price displayed on google or the wallet app or an exchange price. or is it whatever you negoiate on.

Whatever is negotiated - but bitstamp and preev is usually quoted as the starting point for those negotiations.

Depending on how much btc you want/need, and you are willing to do a bank transfer (to Suncorp or ANZ) i can help you out. PM me.

Cheers

ktru19

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Activity: 181

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ahah yeah i just relized they were apps to be installed.

.
so if i was to buy bitcoin off someone where would the prices be coming from eg the price displayed on google or the wallet app or an exchange price. or is it whatever you negoiate on.

danfoda

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Quote from: ktru19 on August 07, 2016, 03:53:56 AM

1. https://bitcoin.org/en/choose-your-wallet You cant go wrong with any of these wallets.

i am already going wrong lol i google these wallets and many sites comes up i cant even tell which is real which is fake or if theres a difference eg i was looking at coin space then i went to google it and found
coinspace.eu/
https://coin.space/
www.coinspacescoin.com.au/
which one is the one that is on bitcoin.org site

are there any known ways to avoid currency conversion fees?
so if i start off buying using neteller noone would be complaining?

also are these wallets sites meant to be verifying your id?
anyone heard of this site? https://www.coinjar.com.au
i joined that one and sent my id to them (was in bitcoin rush mode lol)

Youu dont have to google those wallets my friend, you can download them from what the link I gave you...

ktru19

jr. member

Activity: 181

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1. https://bitcoin.org/en/choose-your-wallet You cant go wrong with any of these wallets.

i am already going wrong lol i google these wallets and many sites comes up i cant even tell which is real which is fake or if theres a difference eg i was looking at coin space then i went to google it and found
coinspace.eu/
https://coin.space/
www.coinspacescoin.com.au/
which one is the one that is on bitcoin.org site

are there any known ways to avoid currency conversion fees?
so if i start off buying using neteller noone would be complaining?

also are these wallets sites meant to be verifying your id?
anyone heard of this site? https://www.coinjar.com.au
i joined that one and sent my id to them (was in bitcoin rush mode lol)

Amadues

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but without a good trust no one will use a method like paypal etc etc....
there are a lot of newbie that try every day to scam with this methods, there is anything new Sad

danfoda

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Activity: 283

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Quote from: ktru19 on August 07, 2016, 03:24:30 AM

hi all sorry it may be answered elsewhere but theres so many post on here (im new here) still reading through just wanting to know a few things.
Which bitcoin wallet is recommended/why
Which exchange is recommended/why
Why would you buy off people here instead of a site (is it cheaper? if so what prices do you go by here)
what is the most common/safe to do transaction on here eg paypal/skrill/neteller or other?
are people on here worldwide?
sorry for newbie questions just my reading is abit slow and my wanting to know is getting more and more lol cheers in advance. hoping to have a start to bitcoin by end of night

.

1. https://bitcoin.org/en/choose-your-wallet You cant go wrong with any of these wallets.
2. Me personally only use localbitcoins, but I dont think it fits in the category.
3. Cheaper and faster.
4. Paypal is the least safe. Skrill/Neteller are fine as long the funds are not obtained illegally nor by online gambling if you are in the US.
5. Yes

Quote from: ktru19 on August 07, 2016, 03:38:07 AM

i am from australia so if i use skrill or neteller would there be a conversion fee how does it work if i buying from someone or selling to someone who normally covers the fees.
so with all the different "wallets" out there are there fees for transaction and is there a minimum. also if i joined a wallet base from australia will it be possible to transact with one from us

Using bitcoin doesnt matter where you are from, but there is conversion fee using skrill/neteller/paypal.

ktru19

jr. member

Activity: 181

Merit: 1

i am from australia so if i use skrill or neteller would there be a conversion fee how does it work if i buying from someone or selling to someone who normally covers the fees.
so with all the different "wallets" out there are there fees for transaction and is there a minimum. also if i joined a wallet base from australia will it be possible to transact with one from us

Topic: Bitcoin buying question (Read 1095 times)