Its so hard to buy bitcoin these days compared to 2011

Este Nuno

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amarha

Quote from: wesk1212 on May 29, 2014, 06:02:28 PM

back in 2011 all I had to do was send money via moneygram at walmart and BOOM! BTCs!!

now it seems like its so hard to purchase bitcoins even when the market's bigger.
I was considered a high risk from coinbase, they declined my transaction, (im not a high risk I have enough money),
kraken,BTC-e dont accept USD anymore, my bank CHASE about to shut my account because I was dealing with coinbase..
I don't know where I should go to buy bitcoins at market price (localbitcoin is too expensive)

So ironic and funny..

Im gonna try bitstamp tonight..any words of advice will be helpful

If I remember correctly back when we could buy btc at Walmart that was when Bitinstant was still around and they got in trouble with the gov for facilitating silk road users or something similar.

One thing that we have going for us now is localbitcoins, which I've found to be pretty good. You being an American you could almost certainly go on there now and find a trade. Heck, there's even a bunch of people using PayPal on there(be extra cautious of that though).

Circle is supposedly coming soon and I think people are expecting the to make things easier/better. We'll see how that works out. Not holding my breath.

ruggedman_dan

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We on P. Sherman 42 Wallaby Way, Sydney

Just use lbc. The reason it is more expensive is because most other options suck massively.

Bogleg

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Locabitcoin is easy.

The exchange route will most likely get blocked by your own country banks.

Benjig

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Via local bitcoins i think is the fastest way.. or you can buy them via forum,.. i mean its not so difficult to buy them and if thats the case, thats good because once you buy them you wont sell them so easily

Munz77

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Quote from: bitcats on May 30, 2014, 06:10:37 AM

In matters of Bitcoin, they ask moreandmore AML/KYC stuff today. That's not how Bitcoin was meant to be used. Bitcoin stands for independency, decentralisation and personal freedom! We shouldn't bend to all the rules they want to impose on us.

Its not just Bitcoin, all the financial institutions have to toughen up on KYC. Even just opening bank accounts. In June, the KYC is tightening up to the point that Australian banks have to ask people if they are American citizens. Bit weird.. Makes me think the USA is behind all the KYC crap.

Beliathon

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https://youtu.be/PZm8TTLR2NU

I disagree. Coinbase.com is my argument, as an American.

yatsey87

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I don't think it's hard to buy bitcoin at all and its getting easier all the time. Obviously you should try avoid exchanges that require tedious verification etc, but there are many simple ways to get ahold of coins. You can always easily buy them on the marketplace here.

freedomno1

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Learning the troll avoidance button :)

Quote from: keithers on May 30, 2014, 03:22:09 AM

I don't think you would have problems with Bank of America and Coinbase. BofA for just about everything else is kind of crappy, but it works fine for BTC

Really from what I have read Bank of America sucks at most things so its good to know they are doing BTC fine.
If you want you should vouch for them in the Friendly list on the hostile and friendly banks thread
https://bitcointalksearch.org/topic/list-of-bitcoin-hostile-and-friendly-banks-264679

Did note that BOA did value Bitcoin back in December a bit dated so I wonder what they would estimate it at now.
http://www.forbes.com/sites/samanthasharf/2013/12/05/bitcoin-gets-valued-bank-of-america-puts-a-price-on-the-virtual-tender/

Sydboy

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I think the opposite. It is so easy now. so many companies.

bitcats

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In matters of Bitcoin, they ask more&more AML/KYC stuff today. That's not how Bitcoin was meant to be used. Bitcoin stands for independency, decentralisation and personal freedom!

Elwar

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Viva Ut Vivas

CampBx in the US is decent.

I used to use them until Dwolla dropped them.

keithers

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This is the land of wolves now & you're not a wolf

I don't think you would have problems with Bank of America and Coinbase. BofA for just about everything else is kind of crappy, but it works fine for BTC

Giulio Prisco

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It's obvious that states put more and more regulations, restrictions and controls on online exchanges. This can only get worse.

The best is to buy/sell Bitcoins with cash.

People who want to exchange millions of dollars can meet in Nauru or similar places and transact cash-in-hand, like they do for other things.

The problem is for the little people (as usual). When Bitcoin will be more common it will be easy to exchange it in the street with strangers (like today in NYC we buy and sell cigarettes in the street at one buck per cigarette). Until that point, buy/sell Bitcoin will be a bottleneck.

Phinnaeus Gage

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Bitcoin: An Idea Worth Spending

Quote from: franky1 on May 29, 2014, 07:21:45 PM

dont try bitplastic. its one of a number of scams owned by a guy named moriarty.

stick to local bitcoins and other tried and tested methods. see if there is a bitcoin ATM near you

I connected moriarty via a single hop to http://bpbtconsulting.com/opensource/reachmail-announces-wordpress-integration-business-wire-press-release/

freedomno1

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Learning the troll avoidance button :)

I agree with you I miss the days of wire transfers since it was a lot faster back then
Quickbt might work for you otherwise try the other posters suggestions above
Also avoid Chase bank their savings account is 0.001% ...
http://www.truth-out.org/buzzflash/commentary/if-you-put-250-in-a-chase-savings-account-you-ll-get-2-5-cents-in-yearly-interest-and-maybe-charged-4-a-month/18083-if-you-put-250-in-a-chase-savings-account-you-ll-get-2-5-cents-in-yearly-interest-and-maybe-charged-4-a-month

knight22

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You might give Mycelium app a try.

wesk1212

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Quote from: jonald_fyookball on May 29, 2014, 07:28:12 PM

How much coin u need?

3 maybe more depends on the price offered

knight22

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--------------->¿?

Most ATMs are not cheap though
http://bitcoinatmmap.com/

jeffersonairplane

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www.bitkong.com

BTC is always high risk now that people are becoming creative on how to reverse transactions. Buying BTC via locally is the best method.

jonald_fyookball

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Core dev leaves me neg feedback #abuse #political

How much coin u need?

Topic: Its so hard to buy bitcoin these days compared to 2011 (Read 3408 times)