Topic: Its so hard to buy bitcoin these days compared to 2011 - page 2. (Read 3424 times)

Bitsimple not available at CA.
wow...why is this happening to me...everytime I try to buy bitcoin

How do you know it's a scam?

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

You might also consider doing work for bitcoin. For instance:

- Translation work
- Coding work
- Web design work
- Video editing

In short, everything that could be done on a computer and delivered online is a way to make bitcoins.

Also, if you produce something and want to sell it; honey, tea etc.. it wouldn't be that much work setting up a webshop and selling it for btc.

Also, I think that the more we can evolve the whole project into becoming self sustained in the sense that we don't need to exchange for fiat that much, it would be great.

Picture this:

A webhosting company accepts btc, and hosts their servers with a datacenter that accepts bitcoins, and they pay their staff in bitcoin. The staff can then purchase their food and other daily items with bitcoins. Well, I see that it's rather difficult to pay everything in bitcoin, but as long as an effort is made, and the more merchants and individuals that partake in the system, the less frequent the need for exchange to fiat will be.

I approve of merchants that accepts bitcoin through say bitpay, all swell, but I would've loved if the same merchants would actually participate in the ecosystem by buying supplies and paying staff if not entirely, then at least partially in bitcoins.

Perhaps eventually there will evolve a tripadvisor-like system where the level of support for bitcoin is expressed for shops and services, so the users can chose to support the ones that most support the bitcoin system. While it's nice to accept bitcoin and then have BitPay or similar system exchange it to fiat immediately is better than nothing, but ideally I'd hope the merchants could keep more of their btc.

I think it's wise to educate the shop-owners about the political and philosophical issues relating to bitcoin, but also to emphasize the 'no chargeback'-philosophy, which I would think esp. some high-risk merchants would appreciate.

No I live at LA.
market price ~570$ and local bitcoin offers ~590$ (cheapest)
so if i want 5 bitcoins i'd be paying about 100$ extra from the market price..

and I need 5 bitcoins..i don't mind purchasing it from you haha..
 

You pay a premium for a reason - unless you're going over state limits most BTC sellers are happy to let you buy without asking questions. Where as all the exchanges will ask for verification documents within due time.

Have you tried the currency exchange section here? There has to be someone in your area selling.

+1 slime indeed

i like danny's suggestion, try bitsimple.

I'd dump your Chase account anyways just because they're slime balls. If you have a TCF bank or a credit union, they're pretty good options. A credit union works good w/ https://cashintocoins.com/index.php?code=ftl&utm_source=Free%20Talk%20Live&utm_medium=banner&utm_campaign=cashintocoins&utm_content=version-default-desktop&ceq-sid=b8341d105f2e2110f2fc5ec7d8d0f838 aka Cash Into Coins in the US. TCF works well w/ Coinbase and I use them frequently.

Yes, it seems ironic that we have more exchanges popping up globally and yet we have to jump through more hoops to get money into them. Governments and banks are creating friction and choking bitcoin growth. I think bitcoin ATMs can be a partial solution for average bitcoin users.

wow...just because you were dealing with coinbase?

Jp Morgan Chase...figures.

do you live in a rural area or something?  localbitcoins is generally like 1-2% above market price in my area.  Although I think more people are just worried about getting bitcoin out there rather trying to make a bunch of personal gain.  How many are you trying to buy?

Have you tried BitSimple?

Thank you for your advice !

You might try Bitplastic, which accepts Western Union.  I have never tried them, but it looks OK, although I'm not sure I'd leave money in their wallet.
A friend of mine has successfully tried wu2liberty dot com.  They will take Moneygram.

I am new to this myself, but it seems like exchangers in the Western World are becoming as picky as the banks.  But exchangers in Russia don't seem to care who you are and there are no forms to fill out or registration required. 

Stay away from WM Center, though, as their prices seem way out of line.
Hope this helps.

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