Got to be an Easier way to buy Bitcoin

deadweasel

sr. member

Activity: 364

Merit: 250

Quote from: twitami1 on May 30, 2013, 12:14:08 PM

Quote from: ?? on ??

Quote from: twitami1 on May 07, 2013, 08:46:40 AM

Coinbase must have a buy amount of like $5.00 a day (always over limit).

Didn't realize this. You have to do at least 1 transaction per day for at least $5 on Coinbase?? Can't find this rule anywhere on their site. Huh

I was thinking about buying through Coinbase, might switch to CampBX if this is the case.

That's not what they mean. Coinbase has a maximum amount of Bitcoin it can allow people to buy per day basically, and it seems that it is really low. Almost every time I go to my account, they are already over limit, and I can't buy any. And if there is a price dip in Bitcoin? Forget-about-it!

Yes, coinbase is useless. If you do manage to buy there, move your coins immediately.

DO NOT STORE YOUR COINS @ COINBASE.

twitami1

full member

Activity: 322

Merit: 102

Quote from: ?? on ??

Quote from: twitami1 on May 07, 2013, 08:46:40 AM

Coinbase must have a buy amount of like $5.00 a day (always over limit).

Didn't realize this. You have to do at least 1 transaction per day for at least $5 on Coinbase?? Can't find this rule anywhere on their site. Huh

I was thinking about buying through Coinbase, might switch to CampBX if this is the case.

That's not what they mean. Coinbase has a maximum amount of Bitcoin it can allow people to buy per day basically, and it seems that it is really low. Almost every time I go to my account, they are already over limit, and I can't buy any. And if there is a price dip in Bitcoin? Forget-about-it!

newguy05

hero member

Activity: 1316

Merit: 503

Someone is sitting in the shade today...

1) get verified in mtgox by uploading your photo id
2) wire the $ in usd from your bank to mtgox, choose bank wire option from the add fund drop down and follow instructions
3) your account will be funded within 48 hours (mine did).

It's by far the cheapest and fastest way.

halfawake

hero member

Activity: 490

Merit: 500

I have this problem too. I'd like to buy bitcoins, but I'm not sure what the best place to do it would be. Coinbase seems the most legit, but their small limits put a damper on it. MtGox would seem to be ideal, but with all the problems with Dwolla lately, I'm reluctant to put money in there only to have the feds yank away my access to them. The direct way to get bitcoins, of course, is mining but I'm not sure that I really want to get into that.

John (John K.)

legendary

Activity: 1288

Merit: 1227

Away on an extended break

Quote from: luke.watson on May 07, 2013, 09:11:58 AM

Quote from: tutkarz on May 07, 2013, 08:56:49 AM

Quote from: Gabi on May 07, 2013, 08:48:15 AM

Bitcoin exists exactly because the current financial/economic system sucks. If safely buying bitcoins would be easy, then we would already have a working system and we would not need bitcoin Cheesy

Instead we have paypal, credit cards, chargeback fests, banks etcetcetc

this is true, and when you finally have bitcoins everything starts to be super easy

Until you decide that you want to change them back into fiat ....

Nah, it's super easy in this regard. If you shop around, you can easily find places/people that would actually pay a premium for your coins.

GiganticDays

newbie

Activity: 30

Merit: 0

Have you tried Localbitcoins.com? You will probably pay a premium but, depending on market conditions, this is often quite small.

luke.watson

sr. member

Activity: 476

Merit: 250

Quote from: tutkarz on May 07, 2013, 08:56:49 AM

Quote from: Gabi on May 07, 2013, 08:48:15 AM

Bitcoin exists exactly because the current financial/economic system sucks. If safely buying bitcoins would be easy, then we would already have a working system and we would not need bitcoin Cheesy

Instead we have paypal, credit cards, chargeback fests, banks etcetcetc

this is true, and when you finally have bitcoins everything starts to be super easy

Until you decide that you want to change them back into fiat ....

tutkarz

hero member

Activity: 546

Merit: 501

Quote from: Gabi on May 07, 2013, 08:48:15 AM

Bitcoin exists exactly because the current financial/economic system sucks. If safely buying bitcoins would be easy, then we would already have a working system and we would not need bitcoin Cheesy

Instead we have paypal, credit cards, chargeback fests, banks etcetcetc

this is true, and when you finally have bitcoins everything starts to be super easy

Gabi

legendary

Activity: 1148

Merit: 1008

If you want to walk on water, get out of the boat

Bitcoin exists exactly because the current financial/economic system sucks. If safely buying bitcoins would be easy, then we would already have a working system and we would not need bitcoin Cheesy

Instead we have paypal, credit cards, chargeback fests, banks etcetcetc

twitami1

full member

Activity: 322

Merit: 102

Ok, I am new to all of this, but I am really excited and ready to learn more. I made a CoinBase account, a Mt Gox account, a Dwolla account, and a few others I do not even remember. The idea to be, if Bitcoin seems like a good price one day, I will buy some. This is proving WAY harder than I expected. Coinbase must have a buy amount of like $5.00 a day (always over limit), Mt Gox it apparently takes 2 months and an act of congress to finally get money into an account thru Dwolla, etc etc.

Is there a better way to do this that I am not seeing? Bitcoin will never take off, it seems to me, if it is this hard just to GET them!

Please help the n00b!

Thanks

Topic: Got to be an Easier way to buy Bitcoin (Read 2308 times)