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Topic: Buying bitcoin is a pain. - page 3. (Read 4554 times)

newbie
Activity: 25
Merit: 0
December 10, 2013, 05:10:08 PM
#54
I'm Canadian and I wish there was a way for me to buy btc or mbtc without having to go to the bank. I sucks that I would have bought btc when they were cheap if it wasn't so complicated, for example I rmb going to coinbase about a year ago but they didn't sell to Canadians.

I found one site that sells btc via e-banking transfer but because those transactions can apparently be reversed you can only buy up to .04 btc at a time and there is a significant fee built into the price.

What's the best way to buy btc while paying the lowest fee?
member
Activity: 87
Merit: 11
December 10, 2013, 04:58:08 PM
#54
Anyone live in Florida, I'll be happy to meet up to sell you btc.

close but no cigar..in the Bahamas
legendary
Activity: 2646
Merit: 1138
All paid signature campaigns should be banned.
December 10, 2013, 02:38:18 PM
#53
I was thinking about buying some bitcoin on localbitcoins, could anyone show me the link for that post?

Here is their "official" thread:

https://bitcointalksearch.org/topic/ann-localbitcoinscom-a-location-based-bitcoin-to-cash-marketplace-86012

BTW, it is not very good but this site does have a SEARCH feature.  See the search box?

Also, there is a new web site called "Google" you can type in things like "localbitcoins" and they will find it for you.
newbie
Activity: 2
Merit: 0
December 10, 2013, 02:32:34 PM
#52
If I want to buy some bitcoin I have to get verified first and link a bank account. It is @#%^ing ridiculous.
If I ever buy bitcoin it will have to be in-person with someone who has them. Selling is the same deal.

Will we ever be able to buy and sell bitcoin easily?

Just posting, because I must.
newbie
Activity: 37
Merit: 0
December 10, 2013, 02:29:04 PM
#51
Anyone live in Florida, I'll be happy to meet up to sell you btc.
member
Activity: 87
Merit: 11
December 10, 2013, 02:13:49 PM
#50
Well if you live in the US it does not seem hard at all but in other parts of the world forget about it.
newbie
Activity: 24
Merit: 0
December 09, 2013, 10:16:47 PM
#49
Its not really that hard, if you know where to look for Wink
Anyways there is still a lot to improve, because it is not very noob friendly
newbie
Activity: 7
Merit: 0
December 09, 2013, 10:09:44 PM
#48
Head over to localbitcoins.
I promise you that you will surely not be disappointed.

That's not a promise that you can make.  The experience with localbitcoins vendors is likely to vary significantly between regions and vendors.

You need to find a reliable trade with good feedback, or it will still be a pain. Tongue
I remember reading a post here a week ago, that how ridiculous the localbitcoins escrow and support services are.


I was thinking about buying some bitcoin on localbitcoins, could anyone show me the link for that post?
sr. member
Activity: 280
Merit: 261
New In Town...
December 09, 2013, 09:52:21 PM
#47
Signing up for Coinbase is kinda of a pain, since they do require a lot of documentation and it takes about 5 days to initially attach it to your bank account then another 30 days to get to a point where it's all kinds of awesome.  Once you're all setup, you can buy up to 10 BTC instantly, like REALLY instantly, and it's fantastic.  When I was first starting out, and waiting for my Coinbase to confirm, I just used my friends account to buy BTC (deposited into his bank first, of course!), you might want to ask some of your close/IRL friends and see if any of them already have an account setup.

localbitcoins is a great alternative to this, if you don't want to wait that long or give out your personal information.  My experience with localbitcoins has been limited, but from my understanding, most/all exchanges are done using escrow (a middle man holds the funds until both parties have have confirmed the transaction) which can make the whole experience a lot safer.  Alternatively, you can use it to find people and meet up in person.  There is a few great write-ups about meeting in person, most of them caution you to use common sense… meet at a busy public location, stuff like that.

Lastly, there's always faucets for getting BTC.  They aren't fast, but they are free. Smiley

P.S.  DON'T GAMBLE WITH BITCOINS!  You'll regret it, I promise.
newbie
Activity: 15
Merit: 0
December 09, 2013, 09:51:20 PM
#46
If I want to buy some bitcoin I have to get verified first and link a bank account. It is @#%^ing ridiculous.
If I ever buy bitcoin it will have to be in-person with someone who has them. Selling is the same deal.

Will we ever be able to buy and sell bitcoin easily?

I too found it difficult to but bitcoins.  Handing money over and then trusting them to transfer was worrying.  There are a lot of factors that play into it.
newbie
Activity: 9
Merit: 0
December 09, 2013, 09:32:54 PM
#45
Head over to localbitcoins.
I promise you that you will surely not be disappointed.

That's not a promise that you can make.  The experience with localbitcoins vendors is likely to vary significantly between regions and vendors.

You need to find a reliable trade with good feedback, or it will still be a pain. Tongue
I remember reading a post here a week ago, that how ridiculous the localbitcoins escrow and support services are.
legendary
Activity: 1708
Merit: 1010
December 09, 2013, 09:12:44 PM
#44
Head over to localbitcoins.
I promise you that you will surely not be disappointed.

That's not a promise that you can make.  The experience with localbitcoins vendors is likely to vary significantly between regions and vendors.
legendary
Activity: 1092
Merit: 1000
nahtnam.com
December 09, 2013, 07:29:53 PM
#43
Why does it seem like all these BTC companies are doing sketchy stuff?  I read all these stories about taking funds, or not depositing funds into an account after the exchange had the money for like weeks.

Isn't it hardto buy in person too, like when does the person send it to you and you give them the money?

These Banks might making problems like freezing Bank account if they see suspicious activity.  Bank accounts are not perfect

But bitcoin is! Grin
legendary
Activity: 994
Merit: 1002
December 09, 2013, 07:27:50 PM
#42
Why does it seem like all these BTC companies are doing sketchy stuff?  I read all these stories about taking funds, or not depositing funds into an account after the exchange had the money for like weeks.

Isn't it hardto buy in person too, like when does the person send it to you and you give them the money?

These Banks might making problems like freezing Bank account if they see suspicious activity.  Bank accounts are not perfect
legendary
Activity: 1092
Merit: 1000
nahtnam.com
December 09, 2013, 07:12:12 PM
#41
Why does it seem like all these BTC companies are doing sketchy stuff?  I read all these stories about taking funds, or not depositing funds into an account after the exchange had the money for like weeks.

Isn't it hardto buy in person too, like when does the person send it to you and you give them the money?

Coinbase is probably the best you can probably get, although they are not an exchange themselves.
full member
Activity: 224
Merit: 104
December 09, 2013, 06:07:17 PM
#40
Why does it seem like all these BTC companies are doing sketchy stuff?  I read all these stories about taking funds, or not depositing funds into an account after the exchange had the money for like weeks.

Isn't it hardto buy in person too, like when does the person send it to you and you give them the money?
newbie
Activity: 19
Merit: 0
December 09, 2013, 05:42:20 PM
#39
It's even more awkward in the UK unfortunately :/


A year ago, there were 0 ATMs.
Adoption and ease of use will keep growing but this is a process ... it will not happen overnight.
For now, you either need to provide the requested documents or stick to in person trading.
full member
Activity: 238
Merit: 109
December 09, 2013, 05:30:11 PM
#38
It's even more awkward in the UK unfortunately :/

This, everywhere only accepts US banks.
member
Activity: 97
Merit: 10
December 09, 2013, 05:26:50 PM
#37
If I want to buy some bitcoin I have to get verified first and link a bank account. It is @#%^ing ridiculous.
If I ever buy bitcoin it will have to be in-person with someone who has them. Selling is the same deal.

Will we ever be able to buy and sell bitcoin easily?
You will soon be able to buy them at any 7-11 in the US.  Stay tuned.  Bitcoin is still growing.

I sure hope you are right sir. I have to agree with the OP.. I'm new to cryptocurrencies and I would love an easy way to buy some with my credit/debit card, with cash, with paypal or any other way I buy things online easily.. Unfortunately this is not the case especially for people who live in the US.. I was looking at BTC-e and it seems to me they've made it nearly impossible to deposit/withdraw money from/to the US...
legendary
Activity: 1092
Merit: 1000
nahtnam.com
December 09, 2013, 05:23:08 PM
#36
It's even more awkward in the UK unfortunately :/

Is there a British exchange anywhere?
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