Topic: The problem with bitcoin is buying bitcoin - page 2. (Read 5454 times)
ATM is a easy way to buy bitcoin.
This thread is epic fail. It was hard to buy BTC in 2011. If it wasn't I'd be kicking it in the Caribbean. <--- That's in honour of the 20th anniversary of Pulp Fiction.
It's really easy to buy BTC now. So buy it and stop complaining.
It's really easy to buy BTC now. So buy it and stop complaining.
Easy to buy now relatively speaking, or absolutely?
I would say that it depends on your location, your experience with online transactions and general acceptance of being prepared to pay significant mark-up to cover trust.
It should get easier for people to buy bitcoins, but I think it continue to vary depending on where you live.
If bitcoin is ever to become mainstream then it needs to sort out its achilles heel. That is buying bitcoin in the first place. The process should be so easy that even your gran can do it.
Unfortunately at the moment its way to complicated.
People won't buy bitcoin if they don't understand how to and if none buys bitcoin no one will spend bitcoin except geeks and criminals.
Unfortunately at the moment its way to complicated.
People won't buy bitcoin if they don't understand how to and if none buys bitcoin no one will spend bitcoin except geeks and criminals.
yes ,how to ues the btc bying or shopping?At least, at present in our country has not truly realized in Asia.
This thread is epic fail. It was hard to buy BTC in 2011. If it wasn't I'd be kicking it in the Caribbean. <--- That's in honour of the 20th anniversary of Pulp Fiction.
It's really easy to buy BTC now. So buy it and stop complaining.
It's really easy to buy BTC now. So buy it and stop complaining.
Point me to a website where a Canadian can buy bitcoin easily from home at a relatively low markup.
Duckduckgo?
My point on this thread is it's WAY easier to buy them now than it was when you could have acquired a shit ton of them years ago. Yes...it still needs to be easier.
This thread is epic fail. It was hard to buy BTC in 2011. If it wasn't I'd be kicking it in the Caribbean. <--- That's in honour of the 20th anniversary of Pulp Fiction.
It's really easy to buy BTC now. So buy it and stop complaining.
It's really easy to buy BTC now. So buy it and stop complaining.
Point me to a website where a Canadian can buy bitcoin easily from home at a relatively low markup.
This thread is epic fail. It was hard to buy BTC in 2011. If it wasn't I'd be kicking it in the Caribbean. <--- That's in honour of the 20th anniversary of Pulp Fiction.
It's really easy to buy BTC now. So buy it and stop complaining.
It's really easy to buy BTC now. So buy it and stop complaining.
You are an epic fail. If you live in America maybe it's easy but in the UK it's not unless you want to buy at LocalBitCoins or BitBargain with their 20% markup.
Places like BTC-e, Coinfloor & Coinbase just don't make it easy with their strict verification.
I now recommend Circle using a debit or credit card. Works for UK.
This thread is epic fail. It was hard to buy BTC in 2011. If it wasn't I'd be kicking it in the Caribbean. <--- That's in honour of the 20th anniversary of Pulp Fiction.
It's really easy to buy BTC now. So buy it and stop complaining.
It's really easy to buy BTC now. So buy it and stop complaining.
When you are registered on an exchange it is cheap and easy to buy; you can buy easily in a Bitcoin ATM too but the fees are high.
It is not as easy as it sounds. Depositing fiat to any of these exchanges is tedious and takes a lot of time. Options such as SEPA and Wire are available, but sometimes it can take as much as 2-3 months for the funds to be deposited in your account.
I guess it depends. I can get fiat to exchanges in under 48 hours. USA->bitstamp. $50 fee tho...
The Bitcoin economy is very much like a new country.
When you visit a foreign country you have to exchange your money if you want to spend. Depending on where you are going, that might be easier or harder.
As time goes by, people will figure out ways to better serve the market for those who need their money exchanged going into this country. Those people who serve that market better will be rewarded.
When you visit a foreign country you have to exchange your money if you want to spend. Depending on where you are going, that might be easier or harder.
As time goes by, people will figure out ways to better serve the market for those who need their money exchanged going into this country. Those people who serve that market better will be rewarded.
When you are registered on an exchange it is cheap and easy to buy; you can buy easily in a Bitcoin ATM too but the fees are high.
It is not as easy as it sounds. Depositing fiat to any of these exchanges is tedious and takes a lot of time. Options such as SEPA and Wire are available, but sometimes it can take as much as 2-3 months for the funds to be deposited in your account.
I'm certain that it will be resolved in time.
If bitcoin is ever to become mainstream then it needs to sort out its achilles heel. That is buying bitcoin in the first place. The process should be so easy that even your gran can do it.
Unfortunately at the moment its way to complicated.
People won't buy bitcoin if they don't understand how to and if none buys bitcoin no one will spend bitcoin except geeks and criminals.
Unfortunately at the moment its way to complicated.
People won't buy bitcoin if they don't understand how to and if none buys bitcoin no one will spend bitcoin except geeks and criminals.
1. Get a reputed seller at Local Bitcoins.
2. Pay him and provide your address.
3. Bitcoin is in your account.
It seems simpler than buying a pen drive in Amazon. Which part of the Bitcoin buying seems complicated to U ?
p.s. Some new websites are offering Bitcoin against credit card. Avoid them at any means. They're gonna complicate your life.
And once the average person goes throught that... what does this average person can do with Bitcoin besides holding it and hope price increases? What can he buy that he cannot but with fiat? Exactly, nothing. Thats why I don't see Bitcoin a currency ever, when fiat does the same thing. I do see it as a place to store wealth, thats that. But who owns stocks/gold? not the 99%.
but anyone who assumes this issue away is engaging in massive self deception.
Meanwhile, people who raise the issue but expect other people to do something about it aren't really contributing!
We don't have a shortage of issue-identifiers; we have a shortage of problem solvers.
Contribute to solving the problem and you can likely make a bundle of wealth for your contribution.
I was with you until you said that last part.
What I'm saying is that anybody who thinks they know how to make it easier to buy Bitcoin can probably earn some money by selling Bitcoin in this hypothetical easy-to-buy manner. After all, if they improve convenience over the existing offerings, it should be easy for them to win customers over from the competition.
What I'm point out is that it's not nearly so easy as people think it is.
but anyone who assumes this issue away is engaging in massive self deception.
Meanwhile, people who raise the issue but expect other people to do something about it aren't really contributing!
We don't have a shortage of issue-identifiers; we have a shortage of problem solvers.
Contribute to solving the problem and you can likely make a bundle of wealth for your contribution.
If bitcoin is ever to become mainstream then it needs to sort out its achilles heel. That is buying bitcoin in the first place. The process should be so easy that even your gran can do it.
Unfortunately at the moment its way to complicated.
People won't buy bitcoin if they don't understand how to and if none buys bitcoin no one will spend bitcoin except geeks and criminals.
Unfortunately at the moment its way to complicated.
People won't buy bitcoin if they don't understand how to and if none buys bitcoin no one will spend bitcoin except geeks and criminals.
Things changed a lot in last 2 years. imagine what will happen 2 years from now.
Does the credit card service of Circle work in Canada?
In the end, why would any Canadian want to use bitcoin if:
1 - Its is a huge pain in the ass to purchase them.
2 - Purchasing any large amount is a major risk.
3 - You lose 15% of their money in the initial purchase due to the markup the seller is charging.
1 - Its is a huge pain in the ass to purchase them.
2 - Purchasing any large amount is a major risk.
3 - You lose 15% of their money in the initial purchase due to the markup the seller is charging.
This is a good summary and applies to most places. In the US Coinbase is good (but problematic) and Circle is promising, but anyone who assumes this issue away is engaging in massive self deception.
Sam: I didn't understand the point about Amazon and paypal, I don't think the argument that a merchant does not take paypal gets you far, since a lot more merchants in addition to Amazon don't take bitcoin.
Bitcoin is way too inaccessible for the common folks right now ! Also it is way too complicated. I don't know how will the process be simplified !
People based in Europe can use our service, https://anycoindirect.eu/
Anycoin Direct allows its users to buy and sell cryptocurrencies using direct online payment methods (iDEAL, Bancontact, Giropay and Mybank) or SEPA bank transfers.
Our main focus lies on speed and ease of use. As soon as we receive a successful payment, the coins will automatically be sent to the customer’s wallet. In case of a SEPA order, the coins will be sent once your transfer has reached our bank account. The price of a SEPA order gets determined at the moment the order is initiated. Using our services, people can buy and receive cryptocurrency within 5 minutes.
Anycoin Direct allows its users to buy and sell cryptocurrencies using direct online payment methods (iDEAL, Bancontact, Giropay and Mybank) or SEPA bank transfers.
Our main focus lies on speed and ease of use. As soon as we receive a successful payment, the coins will automatically be sent to the customer’s wallet. In case of a SEPA order, the coins will be sent once your transfer has reached our bank account. The price of a SEPA order gets determined at the moment the order is initiated. Using our services, people can buy and receive cryptocurrency within 5 minutes.
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