Author

Topic: I am the proud owner of my first 7 bitcoins! (Read 1079 times)

newbie
Activity: 23
Merit: 0
I see people selling them on eBay a lot but I've never tried buying or selling them there myself.  At least they have the feedback system so it's a little easier to send your money first.
global moderator
Activity: 3794
Merit: 2612
In a world of peaches, don't ask for apple sauce
I remember back when bitcoins were like $15 each and I told myself to get some, but then thought that I would have no use for them anyway and decided against it. Not my greatest decision.
Same here. Gone away from bitcoin for a while, returned and realised those 0.46 BTC I used to buy a video game was worth 10 times the money.
newbie
Activity: 13
Merit: 0
I remember back when bitcoins were like $15 each and I told myself to get some, but then thought that I would have no use for them anyway and decided against it. Not my greatest decision.
legendary
Activity: 2324
Merit: 1125
And it wasn't easy

I wasted a week on a failed wire transfer from BoA to mtgox.
Then I wasted another week transferring money to Dwolla only to find out bitinstant dropped support.
So then I tried the cash to bitinstant thing (with much trepidation) and that finally worked

I have to believe that once it becomes easier to buy bitcoins in the US the price is going to go way up.  Also this whole experience has emphasized the value of decentralized crypto-currency.  The wire transfer was 45 freaking dollars and 5 business days (which didn't even WORK - no refund) and the dwolla transfer was cheap but 4 business days and the moneygram thing was quick but another 50 dollars or so of fees.  Once I got the bitcoins it cost 6 cents and about 10 minutes to transfer that money back to my offline wallet.  Nice.

Over those two weeks I saw bitcoin go from 150 to 266, down to 50 and now back to 150.  What a ride but here I am now, bitcoin owner and ready to take over the world!

Good on you on sticking with it. I believe you will be rewarded but time will tell I guess Smiley
legendary
Activity: 905
Merit: 1000
next time see if you can find someone local, it would be a lot faster. https://localbitcoins.com/

Or even Craigslist. 

But it is not recommended for those totally devoid of street-smarts.
https://bitcointalksearch.org/topic/tips-for-local-transactions-137272
global moderator
Activity: 3794
Merit: 2612
In a world of peaches, don't ask for apple sauce
Guess congrats. Good luck with handling so much Bitcoin. Still remember when that amount was only worth 70 bucks.
sr. member
Activity: 392
Merit: 250
♫ A wave came crashing like a fist to the jaw ♫
And it wasn't easy

I wasted a week on a failed wire transfer from BoA to mtgox.
Then I wasted another week transferring money to Dwolla only to find out bitinstant dropped support.
So then I tried the cash to bitinstant thing (with much trepidation) and that finally worked

I have to believe that once it becomes easier to buy bitcoins in the US the price is going to go way up.  Also this whole experience has emphasized the value of decentralized crypto-currency.  The wire transfer was 45 freaking dollars and 5 business days (which didn't even WORK - no refund) and the dwolla transfer was cheap but 4 business days and the moneygram thing was quick but another 50 dollars or so of fees.  Once I got the bitcoins it cost 6 cents and about 10 minutes to transfer that money back to my offline wallet.  Nice.

Over those two weeks I saw bitcoin go from 150 to 266, down to 50 and now back to 150.  What a ride but here I am now, bitcoin owner and ready to take over the world!

Congrats, have you tried coinbase, transaction went very smooth for me, have to wait for ACH but they are US based and VC funded which for me, limits my trepidation.
sr. member
Activity: 350
Merit: 250
In 10 years we will tell stories to our children how we were transferring money using banks when there was no bitcoin yet. And they will ask: daddy/mom what is a bank?

hopefully Tongue
sr. member
Activity: 350
Merit: 250
And it wasn't easy

I wasted a week on a failed wire transfer from BoA to mtgox.
Then I wasted another week transferring money to Dwolla only to find out bitinstant dropped support.
So then I tried the cash to bitinstant thing (with much trepidation) and that finally worked

I have to believe that once it becomes easier to buy bitcoins in the US the price is going to go way up.  Also this whole experience has emphasized the value of decentralized crypto-currency.  The wire transfer was 45 freaking dollars and 5 business days (which didn't even WORK - no refund) and the dwolla transfer was cheap but 4 business days and the moneygram thing was quick but another 50 dollars or so of fees.  Once I got the bitcoins it cost 6 cents and about 10 minutes to transfer that money back to my offline wallet.  Nice.

Over those two weeks I saw bitcoin go from 150 to 266, down to 50 and now back to 150.  What a ride but here I am now, bitcoin owner and ready to take over the world!
In 10 years we will tell stories to our children how we were transferring money using banks when there was no bitcoin yet. And they will ask: daddy/mom what is a bank?

You guys are full of awesome
newbie
Activity: 57
Merit: 0
next time see if you can find someone local, it would be a lot faster. https://localbitcoins.com/
sr. member
Activity: 392
Merit: 250
In 10 years we will tell stories to our children how we were transferring money using banks when there was no bitcoin yet. And they will ask: daddy/mom what is a bank?


Lol. You made my day Cheesy
hero member
Activity: 546
Merit: 501
In 10 years we will tell stories to our children how we were transferring money using banks when there was no bitcoin yet. And they will ask: daddy/mom what is a bank?
member
Activity: 62
Merit: 10
And it wasn't easy

I wasted a week on a failed wire transfer from BoA to mtgox.
Then I wasted another week transferring money to Dwolla only to find out bitinstant dropped support.
So then I tried the cash to bitinstant thing (with much trepidation) and that finally worked

I have to believe that once it becomes easier to buy bitcoins in the US the price is going to go way up.  Also this whole experience has emphasized the value of decentralized crypto-currency.  The wire transfer was 45 freaking dollars and 5 business days (which didn't even WORK - no refund) and the dwolla transfer was cheap but 4 business days and the moneygram thing was quick but another 50 dollars or so of fees.  Once I got the bitcoins it cost 6 cents and about 10 minutes to transfer that money back to my offline wallet.  Nice.

Over those two weeks I saw bitcoin go from 150 to 266, down to 50 and now back to 150.  What a ride but here I am now, bitcoin owner and ready to take over the world!
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