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freedomgo

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Quote from: Jawhead999 on September 16, 2022, 08:00:43 AM

I don't see any reason it will become harder to buy Bitcoin especially when Bitcoin price is really high, I'd think it will be more easier to buy Bitcoin because everyone want to buy Bitcoin and they will prefer to an exchanges with smooth or few steps only rather than the complicated one.

I think it will harder to buy Bitcoin when the government strengthen their rules, especially when they completely ban Bitcoin. So your choice is only to buy Bitcoin via DEX and using mixer to increase your privacy.

That might be the future case for bitcoin as the government is still determine not to accept bitcoin even if it’s already legal. When that time comes, though adoption in some certain places will be visible, but as long as centralized exchanges operate in accordance with the law of the government, then buying bitcoin regardless of its price might also be compromised.

Piesel

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With advanced technology holding Bitcoin will become easier and more secure, I believe it is very easy to own Bitcoin these days already as one can easily buy bitcoin from an exchange.

As time goes on it will become easier to own Bitcoin, even if its worth rises to $100,000 or above, with advanced development coming up daily one will soon be able to buy and hold Bitcoin on their cards and will be able.to easily swap it to whatever currency of choice.

dothebeats

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It will be harder, for sure, especially if the price appreciated that much in value. Also, by then, a lot would probably be hoarding bitcoin for themselves in hopes of getting a lot of return in the end. It will be scarcer in the spot market, and I don't think the common people will be able to buy it that easily. In terms of restrictions or regulations, it's a different story, and it's extremely possible that this comes first before bitcoin appreciates in value.

eaLiTy

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Quote from: SeeBiscuit on September 16, 2022, 07:33:03 AM

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For example, I can simply go on cashapp and buy btc, send to a wallet I own the keys to. I can also use localbitcoins, paxful, I mean the list is kinda endless. Will that list become...not so endless in the future as the value gets higher?

The list is endless and then there are Tier 1 and Tier 2 and 3 exchanges for you to purchase the coins. Valuation of a coin will not restrict the number of places you can purchase the coin but the demand is the factor here and as long as there is enough demand for the coin, you will be able to purchase them without any hindrances.

Regulations is another aspect altogether and majority of the nations will not restrict them but all the exchanges will force the users to undergo mandatory KYC verification in order to user their services.

Oceat

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Regulations that has implemented will be the problem if there's a lot of restrictions such as banning trading/Bitcoin but as time flies I find it easier to buy Bitcoin nowadays compared in the past. You see, with the adoption increasing plus the usage of Bitcoin on a different types of businesses, be it a currency or an investment asset, it just keeps getting easy to buy Bitcoin nowadays. Although, the problem will arise if the government want to cease all usage or owning of Bitcoin but I think this problem was already present even these days but people are still using it anonymously.

Reid

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Depends on your country restrictions. But if you can access reputable exchange then it won't be a problem too.
I don't think there will be a time it will be harder to buy Bitcoin. When its value grows there will be more people that will be willing to sell when they want out and take the profits.
Selling might actually be harder when you put an order that will be higher than the current price so it can cover the transaction fee and other stuff that needs to be paid.

BALIK

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Quote from: SeeBiscuit on September 16, 2022, 07:33:03 AM

Title.

Hi all.

Just wanted everyone's thoughts on how easy it is to get bitcoin now, and what getting bitcoin might be like in the future? For example, I can simply go on cashapp and buy btc, send to a wallet I own the keys to. I can also use localbitcoins, paxful, I mean the list is kinda endless. Will that list become...not so endless in the future as the value gets higher?

I won't talk about prices here, just talk about the accessibility of bitcoin. It can be said that buying and selling bitcoins will become easier in the future because today, in addition to specialized wallets to store bitcoin such as electrum, trust wallet or coinbase, e-wallets are also gradually integrating bitcoin and some cryptocurrencies into their wallet, and people can easily buy and sell right on those wallets.

But one of the most important is that, if bitcoin is later legalized in your country, you will have no difficulty in buying or selling bitcoins, but if your country bans bitcoin and cryptocurrencies then you will have difficulty, you can still buy it some ways but that is illegal and risky.

CoinEraser

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Quote from: ?? on ??

As the adoption grows, accessibility on purchasing bitcoin will also increase especially if many countries consider it as a legal tender. When I started bitcoin way back 2016, you can't buy bitcoin from our countries' local payment merchants. But now, they are offering some crypto-services where people can use it to pay on their electricity bills or credit card bill. They plan to provide more features in the future which also involve blockchain technology.

Yes, that’s right. There are now a lot of providers from which you can buy bitcoins than in the beginning time. I remember that very well. In the beginning I knew only one place, where it worked, without having to send fiat money abroad. Fortunately, this has changed over time and now you have many possibilities.

But unfortunately you now have to fulfill many places KYC and I don’t like that so much. Without this restriction, it would be even better. Hopefully this will change again in the future.

pooya87

legendary

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I don't think so because as time passes the bitcoin adoption grows. Obviously that means more different methods of buying bitcoin and higher liquidity in each market. That means the centralized KYC infested exchanges will grow just as much as decentralized P2P trading communities with no KYC and high privacy.
So if anything, buying bitcoin should become easier later on.

The only thing different is going to be the price. For example 5 years ago price had 3 digits but today it has 5 digits. In the future like 5 years from now it could have 6 digits (in 100k+ range)! So you won't be able to buy as much bitcoin with the same amount of fiat as today.

mk4

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Quote from: Lucius on September 17, 2022, 05:26:53 AM

In the event that the US starts to really implement such an aggressive policy towards Bitcoin (and I don't think it will go that far), it would have a much greater impact on Bitcoin than what happened in China. That country is still far from the standards of most countries in the world when it comes to democracy and human freedom, and it was never realistic to expect Bitcoin to succeed there, at least when it comes to the official attitude of the government.

If the US did the same as China, the miners would of course move elsewhere, but the message of banning mining would be much stronger and would have a domino effect that would affect many countries of the world. If they want to seriously start reckoning with Bitcoin, first there is a ban on mining, then a ban on using Bitcoin as a means of payment, and finally a ban on trading. If we talk about adaptation, in that case, Bitcoin would experience a serious blow, although this does not mean the end.

Oh for sure. Not just even with concerning to mining, the US banning bitcoin/mining is simply very bad publicity, and that narratives will break.

But with that said, Bitcoin still wouldn't be "doomed" just as electronicash described.

rhomelmabini

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Quote from: SeeBiscuit on September 16, 2022, 07:33:03 AM

Just wanted everyone's thoughts on how easy it is to get bitcoin now, and what getting bitcoin might be like in the future? For example, I can simply go on cashapp and buy btc, send to a wallet I own the keys to. I can also use localbitcoins, paxful, I mean the list is kinda endless. Will that list become...not so endless in the future as the value gets higher?

I think saying easy is subjective unless you really know even the basic of getting or sending Bitcoin. Time will tell, but technology is here with us to give us comfort and convenience on things that something complicated before and the technology behind Bitcoin wasn't an exception on that. Gradually we will see more and not less, technology keeps evolving everyday.

doomloop

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Quote from: SeeBiscuit on September 16, 2022, 07:33:03 AM

Just wanted everyone's thoughts on how easy it is to get bitcoin now, and what getting bitcoin might be like in the future? For example, I can simply go on cashapp and buy btc, send to a wallet I own the keys to. I can also use localbitcoins, paxful, I mean the list is kinda endless. Will that list become...not so endless in the future as the value gets higher?

In terms of value, yes because I expect that the value of btc will became very expensive in the future although bears are still there. If you have a patience, you can always wait for it to buy at a less cheaper price. Now in terms of accessibility, it will only became more easier to buy bitcoin as it's going to be more popular in the future and so many merchants or companies are going to support it.

Right now, I've seen a couple of fiat wallets that support cryptocurrencies but the approach is like PayPal. You can only buy and sell cryptos within their app but you can't send or receive a crypto. I hope they will revise it soon and I won't hesitate to use them as an alternative.

agustina2

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Quote from: SeeBiscuit on September 16, 2022, 07:33:03 AM

Just wanted everyone's thoughts on how easy it is to get bitcoin now, and what getting bitcoin might be like in the future? For example, I can simply go on cashapp and buy btc, send to a wallet I own the keys to. I can also use localbitcoins, paxful, I mean the list is kinda endless. Will that list become...not so endless in the future as the value gets higher?

We don't know if at the moment you will now decide to buy bitcoin, the price is still considered cheap. A bear market is not bound to last forever. Regrets always come to those who didn't able to take advantage of the low price.

If you think it's affordable for you to buy at the current price rate, then just buy and try to accumulate if possible as much as you can.

On how to buy or where, just choose at what you think will be comfortable and convenient.

buwaytress

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I do agree that it appears to be more difficult to buy bitcoin with regulations, identification and licensing most notably, but those are generally hoops that retail people would be more than willing to jump through and are already used to jumping through. Think about it, even signing up for most social apps and games need all kinds of identification procedures, so people have shown they're willing.

And in that sense, it makes it easier for them. Even just 7 years ago, to get Bitcoin was a confusing, murky process for most people, P2P? What?

Not you plug into PayPal, or some exchange, or some bank, and get it (not getting into arguments here about self custody or if they're even actually getting Bitcoin and not derivatives as it doesn't matter to most).

To buy Bitcoin on chain to your own wallet without going through any of those hoops might get harder... but those of us who want it this way will find the routes.

Lucius

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Quote from: mk4 on September 16, 2022, 11:27:15 AM

Quote from: electronicash on September 16, 2022, 10:13:47 AM

if US bans BTC incluging mining, were all doomed and its hard to acquire.

Why so? Miners would simply just move to another country to be able to continue business operations. Pretty similar to what happened with the China mining ban.

In the event that the US starts to really implement such an aggressive policy towards Bitcoin (and I don't think it will go that far), it would have a much greater impact on Bitcoin than what happened in China. That country is still far from the standards of most countries in the world when it comes to democracy and human freedom, and it was never realistic to expect Bitcoin to succeed there, at least when it comes to the official attitude of the government.

If the US did the same as China, the miners would of course move elsewhere, but the message of banning mining would be much stronger and would have a domino effect that would affect many countries of the world. If they want to seriously start reckoning with Bitcoin, first there is a ban on mining, then a ban on using Bitcoin as a means of payment, and finally a ban on trading. If we talk about adaptation, in that case, Bitcoin would experience a serious blow, although this does not mean the end.

STT

legendary

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If we're bullish on BTC then we should not be anticipating a constriction of availability. Currencies when acknowledged are not taxed or locked down by securities laws that vary between countries, capital gains taxes, etc. So if BTC is to be accepted we should be talking about more freedom not less, its highly fungible, not consumed or altered day to day so I dont think BTC currently has the right place in society most places. I hope we see a more liquid BTC market and lower fees to exchange, if this happens price is very likely higher imo and population interest greater vs supply.

hatshepsut93

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It depends from country to country. Some governments, or even just local banks, like to put obstacles for Bitcoin users. Others ignore it. China and Western countries have much harsher financial monitoring than the rest of the world.

But I agree that the tendency is moving towards more restrictions, regulators are catching up to the new methods of sending money.

milewilda

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Quote from: SeeBiscuit on September 16, 2022, 07:33:03 AM

Title.

Hi all.

Just wanted everyone's thoughts on how easy it is to get bitcoin now, and what getting bitcoin might be like in the future? For example, I can simply go on cashapp and buy btc, send to a wallet I own the keys to. I can also use localbitcoins, paxful, I mean the list is kinda endless. Will that list become...not so endless in the future as the value gets higher?

If recognition is getting even more higher on the future which does simply means that you could really be having more options on where to buy since its been recognized or adopted
then expect that lots of platforms or services whom really do offer on having that kind of option to buy bitcoin on a breeze.Therefore, its totally opposite on what you are saying
so there's no point on making yourself stress out on believing into these particular things.So instead of thinking on getting more harder then it would be more realistic
if we do talk about it would become even more easier because of adoption rate.

Oasisman

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Quote from: SeeBiscuit on September 16, 2022, 07:33:03 AM

Hi all.

Just wanted everyone's thoughts on how easy it is to get bitcoin now, and what getting bitcoin might be like in the future?

It's actually easy when there is no restrictions on crypto in your country. And in the future, it's still easy. However, what might makes it difficult is when Bitcoin price is much higher than what you see today.
Just like how these people who always doubt and hesitated on purchasing Bitcoins as they always think it is too expensive for the current price.
Literally it is actually easy, but mentally it is challenging on how you feed your risk appetite.

Russlenat

hero member

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Quote from: SeeBiscuit on September 16, 2022, 07:33:03 AM

Title.

Hi all.

Just wanted everyone's thoughts on how easy it is to get bitcoin now, and what getting bitcoin might be like in the future? For example, I can simply go on cashapp and buy btc, send to a wallet I own the keys to. I can also use localbitcoins, paxful, I mean the list is kinda endless. Will that list become...not so endless in the future as the value gets higher?

I guess it all depends. If there will be bitcoin global adoption in the future, then even if the price gets higher, there will always be legit exchanges that will support it and make it easier for us to purchase every now and then. However, when the opposite thing happens, like when the government starts to be strict on bitcoin and there will be banning in most of the countries, probably it will also be hard on our part to look for legit exchanges that will continue to support bitcoin.

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