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Topic: CURRENTLY, what is the cheapest way to get BTC? (Read 3247 times)

legendary
Activity: 1330
Merit: 1026
Mining since 2010 & Hosting since 2012
November 30, 2012, 07:12:44 PM
#19
CURRENTLY, what is the cheapest way to get BTC?

The cheapest way I know is to put ur BTC address in ur signature and start a thread with such a question.

http://blockchain.info/tx/809764c42e7a93ff2b343dde51188e9205c3984f479ace6da5b8883d679e35b5 - 1 BTC

See?  Grin

Lol... Thanks! I was trying to figure out where that came from. I had it labeled as something completely wrong in my address book, and had to google my own address to figure out it was in my signature. I was thinking it was related to the NetFlix scam where I lost 1 BTC.

I have to admit, it was absolutely the cheapest BTC I have ever acquired.

Classic!
hero member
Activity: 778
Merit: 1002
CURRENTLY, what is the cheapest way to get BTC?

The cheapest way I know is to put ur BTC address in ur signature and start a thread with such a question.

http://blockchain.info/tx/809764c42e7a93ff2b343dde51188e9205c3984f479ace6da5b8883d679e35b5 - 1 BTC

See?  Grin

Lol... Thanks! I was trying to figure out where that came from. I had it labeled as something completely wrong in my address book, and had to google my own address to figure out it was in my signature. I was thinking it was related to the NetFlix scam where I lost 1 BTC.

I have to admit, it was absolutely the cheapest BTC I have ever acquired.
legendary
Activity: 2142
Merit: 1009
Newbie
CURRENTLY, what is the cheapest way to get BTC?

The cheapest way I know is to put ur BTC address in ur signature and start a thread with such a question.

http://blockchain.info/tx/809764c42e7a93ff2b343dde51188e9205c3984f479ace6da5b8883d679e35b5 - 1 BTC

See?  Grin
newbie
Activity: 56
Merit: 0
CURRENTLY, what is the cheapest way to get BTC?

I have found that I can trade silver for BTC using the non-modified market values. This means that I pay 0% premium on the market price of bitcoins vs the market price of my silver.

You can even get the buyer to pay a reasonable shipping charge.

If you don't already own silver then this will not work.
full member
Activity: 196
Merit: 100
CURRENTLY, what is the cheapest way to get BTC?

Become a prostitute and charge in bitcoins, you cannot get any cheaper than selling your self respect.
sr. member
Activity: 294
Merit: 250
Bitcoin today is what the internet was in 1998.
Find someone willing to exchange BTC for PayPal & reverse the transaction, BTC at zero cost to you.
THAT IS A SCAM

No way. Tongue But it happens all the time with Paypal trades  Undecided
newbie
Activity: 28
Merit: 0
Find someone willing to exchange BTC for PayPal & reverse the transaction, BTC at zero cost to you.
THAT IS A SCAM
hero member
Activity: 560
Merit: 500
If you know someone who has BTC you can use our mobile checkout to get them to swap anything for Bitcoins.

https://walletbit.com/press/walletbit-releases-pos-mobile-checkout-for-bitcoin

Step 1 - Find a friend with Bitcoins
Step 2 - Find something they want to buy
Step 3 - Pay for it with cash or credit
Step 4 - Enter payment details into our mobile checkout
Step 5 - Have your friend pay the equivalent amount

Now you have just bought yourself some Bitcoins for 0.89% and your friend has just bought something with their Bitcoins.

CURRENTLY, what is the cheapest way to get BTC?
legendary
Activity: 2506
Merit: 1010
I am dealing with very low margins, so I'm trying to keep the cost down but still transact in BitCoins when possible.

Then Dwolla to Mt. Gox is likely the cheapest method to get coins.

Coinbase is pretty close, surprisingly -- you can lock in the rate right away too.
hero member
Activity: 756
Merit: 522
Start a fake company that is going to release an ASIC 'soon' and offer pre-orders though bitcoin.
Be sure to post non-relevant and photoshopped pictures of electronics, as well as bogus stat tables that don't make any sense to any sane electronics-savvy person to convince people.

Watch the preorders flow in.

Lol. If this is actually what's going on the butthurt come January will be visible from the Moon.
hero member
Activity: 778
Merit: 1002
Thanks Stephen Gornick.

I have the funds in my PayPal account, and bank account. I can get cash instantly from either, or move the PayPal funds to my bank account. I am dealing with very low margins, so I'm trying to keep the cost down but still transact in BitCoins when possible. Bitfloor is where I would have gone... Or possibly bitinstant... But it seems something has happened with both.

I've thought about looking locally. I've also considered buying silver with cash and selling the silver for BTC. I can get silver slightly below spot, and people seem to be willing to pay slightly more than spot to someone who accepts BTC for it.

member
Activity: 70
Merit: 10
Start a fake company that is going to release an ASIC 'soon' and offer pre-orders though bitcoin.
Be sure to post non-relevant and photoshopped pictures of electronics, as well as bogus stat tables that don't make any sense to any sane electronics-savvy person to convince people.

Watch the preorders flow in.

You forgot to tell them to increase the advertised speeds of the asics by 50% when people start questioning your legitimacy
newbie
Activity: 26
Merit: 2
Start a fake company that is going to release an ASIC 'soon' and offer pre-orders though bitcoin.
Be sure to post non-relevant and photoshopped pictures of electronics, as well as bogus stat tables that don't make any sense to any sane electronics-savvy person to convince people.

Watch the preorders flow in.
legendary
Activity: 2506
Merit: 1010
CURRENTLY, what is the cheapest way to get BTC?

The factors relevant to providing the right answer to that include:

 - Where are you located (country)?
 - How much are you looking to buy?
 - What payment methods do you have available?
 - How soon do you need access to the proceeds?
 - Is privacy important?

A bank transfer is going to be the cheapest method.  

In the U.S. you can buy bitcoins at a 1% fee through Coinbase using a bank transfer.  The problem there is that they are limiting that to $100 maximum (for now, while they test their algorithms) and that you don't get the coins until the funds transfer is complete (at least two business days).  But you do get to lock in the price immediately.
 - http://www.Coinbase.com

Dwolla is another inexpensive method to move cash from your bank account to a Bitcoin exchange.   The problem with that again is the amount of time involved.  But the price is right ... $0.25 per transaction.

A cash deposit method can also be inexpensive.  BitMe.com doesn't charge for cash deposits.  The problem there is they don't have enough sellers at near market price, so you end up overpaying a little when buying coins.  That will change hopefully as more sellers trust them but for now that's the limitation:
 - http://www.BitMe.com

Bitcoins Direct will accept cash, with no fee, but they have a $500 minimum order size.  Also, they are temporarily offline while the part of their business which supplies their coins, FastCash4Bitcoins.com, undergoes a redesign:
 - https://bitcointalksearch.org/topic/bitcoins-direct-support-thread-87094 (Deposit cash at Bank of America, Wells Fargo or PNC, minimum $500)

Or you might find a local trade (paying cash):
 - http://www.localbitcoins.com

Or if you are considering a bank transfer, there all kinds of options are available:
 - http://en.bitcoin.it/wiki/Buying_bitcoins
hero member
Activity: 882
Merit: 1006
Find someone willing to exchange BTC for PayPal & reverse the transaction, BTC at zero cost to you.
legendary
Activity: 3472
Merit: 1722
Start a ponzi, an online wallet or an exchange.
sr. member
Activity: 294
Merit: 250
Bitcoin today is what the internet was in 1998.
hero member
Activity: 490
Merit: 500
is that a discussion?

more like, newbie section.
hero member
Activity: 778
Merit: 1002
CURRENTLY, what is the cheapest way to get BTC?
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