I have been using coinbase to purchase what I cannot mine >>Keep Reading

odolvlobo

legendary

Activity: 4466

Merit: 3391

Quote from: lorylore on December 28, 2015, 05:47:05 AM

local bitcoin is good if you have plenty of people in your area having it. but for my country, there is hardly any1 with btc. or am i using a fake/clone localbitcoin???

Perhaps others in your country are saying the same thing, and all you need to do is to put an ad on localbitcoins and others will trade with you. Perhaps others will put up there own ads. Your country could become a BTC center, due to your initiative.

btc-mike

hero member

Activity: 938

Merit: 1001

Quote from: lorylore on December 28, 2015, 05:47:05 AM

local bitcoin is good if you have plenty of people in your area having it. but for my country, there is hardly any1 with btc. or am i using a fake/clone localbitcoin???

that sounds correct. look at the online trades. you can buy btc with perfect money or okpay at close to 1:1. western union is also a good option. there are many traders you can use.

lorylore

legendary

Activity: 1470

Merit: 1002

local bitcoin is good if you have plenty of people in your area having it. but for my country, there is hardly any1 with btc. or am i using a fake/clone localbitcoin???

btckold24

sr. member

Activity: 434

Merit: 250

★Bitvest.io★ Play Plinko or Invest!

Unfortunately its just coinbase and how they operate as others have suggested.

I would use local bitcoin. When we bought just under 3,000 worth we were able to meet 2 different people at
the local starbucks and complete the trade within 1 hour.

Amph

legendary

Activity: 3248

Merit: 1070

what about using an abroad exchange, like kraken that do not require you to send ID?, or as you said you cna exchange in real life with someone well nknown in your zone, maybe your lucky and one of the escrow here live around there

https://bitcointalksearch.org/topic/bitcointalk-escrows-trade-safely-855778

gentlemand

legendary

Activity: 2590

Merit: 3015

Welt Am Draht

They get to choose who they deal with and they have a lot of people breathing heavily down their necks. Go for a prominent exchange with a lengthy track record. Are you in the US or elsewhere?

KenR

hero member

Activity: 910

Merit: 1000

「きみはこれ&#

You already have a good alternative which is localbitcoins.I know you've to compromise on rates little bit but its manageable.About coinbase,yes they are quite strict against gambling and stuff.If they can't verify your sources of income they might even ban your account without warning.

odolvlobo

legendary

Activity: 4466

Merit: 3391

Coinbase, just like every U.S. bank, is required by law to monitor you and your financial activity, and to document and report any activity that they think might be suspicious. If they don't, they are fined. Don't take it personally.

btc-mike

hero member

Activity: 938

Merit: 1001

I have heard this complaint a few times.

Are you buying $1k a day?

A few quick thoughts - Buy from multiple places. Look into Circle.com, it is similar to Coinbase (US based I believe). I also suggest Localbitcoins, a peer-to-peer market place (US based). Therre are also sellers here.

My first question for you would be what is your payment method?

blockchainmines

member

Activity: 84

Merit: 10

So I have been using coinbase to purchase BTCs on what I could not mine to make up the difference to buy new equipment. Yes I know that it is a US based company and yes I know that all my transactions are being tracked, but this morning I logged in and went to buy my 1000 instant for the week and got slammed with questions and forms all related to my business and leading up to the government and IRS. I do have an IRS issued tax ID (so that is not the point of this post, although I hate giving more money to an already corrupt system than makes its own and is sinking our country), it pisses me off that the very thing that made bitcoin so nice is that we were kinds left alone. Now we are targets and I am thinking about giving coinbase the middle finger (for choosing the dark side) all together if I can find another "safe alternative" to buying my BTC quickly. Is an exchange the only answer, or is there someone on these forums with a really high trust rating that can handle this request.

Topic: I have been using coinbase to purchase what I cannot mine >>Keep Reading (Read 627 times)