Topic: Where are you buying your BitCoins (Read 2930 times)

I got a bit through MtGox but the majority of mine lately come from people contacting me for amazon gift codes for BTC.  I've been thinking about offering services like sound editing in exchange for BTC.

Forced to deal with MtGox, it's the only place where the system is pretty much fully automated, and you can buy or sell BTC in a second.
Huge liquidity so the 0.30% isn't bad at all

Never going to touch small manual exchanges, the other person could jump out of the deal if the price moves within a few days, they don't pay and you get screwed
(you have BTC and they're worth less now, instead of having fiat $)

I wish this thread didn't die, I want to hear where other members aquire their BTC's when they buy as opposed to mine...

CampBx and MtGox are still accepting dwolla incoming I think.

TH will do out but not in.

That's really bad!!! I have $1000 on the way to Dwolla now

That was last week. Things have changed as it appears Dwolla have scammed TH and IMHO Dwolla is in process of going out of business. Search for Tradehill Dwolla and I'm sure you are in for a nasty surprise.

They must have JUST removed that then. I bought 5 BTC's last week with a DWOLLA transfer to TradeHill.

Where have you been? You can no longer transfer funds into TH from Dwolla.

Looks like a good service, but I prefer TradeHill, because they provide you with your own E_Wallet.  I can transfer USD to TradeHill with Dwolla, then have BTC sitting in my TradeHill acct, and I don't have to transfer them to a wallet of my own which may or may not have compromised security.

You can get them in a couple hours from us,

http://BitcoinBux.com

On their website it said it was charged at 1% of the transaction value, which is rather high but not terrible for the convenience I guess. Here is a useful option for Interac in case you're willing to get another bank account.. http://www.banking.pcfinancial.ca/a/waystobank/interacDirectPayment.page?refId=sidenav  *Edit: Just realized this is direct payment and probably wouldn't apply to email transfers.

What have you been using to sell? Or are you primarily just hoarding for the moment?

Have they solved their Dwolla problem yet?

Actually, my bank just lowered the interac fee to $1.00, and Virtex charges .59% per transaction ( I think). They cap you at $5,000. So if you transfer the max, the $1.00 fee is very low.

Cheers.

Works for me.

Thanks for the response. I do wonder where you will be getting that first class private treatment in the Canadian healthcare system, but that's another topic.

What are the fees like with Virtex? You have about $1.50 with each Interac email transaction, what else is there on top of that?

You could sell something for bitcoins.

I started out frustrated because it was not clear to me that I could not realistically just mine a fraction to play around with using just a CPU.  Built the software and got kicked out of the second mining pool I tried for inefficiency.  The first pool (some .cz one) was down or something. 

Much of the info I ran across about Bitcoin was 'ancient' (as in, written some months ago.)  I like building machines, but a little research indicated to me that building an efficient miner was not really the way I wanted to go.  I wanted to acquire more BTC than I could realistically mine in the timeframe I wanted them even with a good mining rig, but less than the cost of a good rig with high-end cards (if they were even available.)  Lesson:  put high priority on ultra-new information (if the author was thoughtful enough to provide a date.)

So, it was purchase for me.

I wished to drain the money I had in paypal for philosophical reasons, so I gravitated to bitmarket.eu.  These guys seem to do some manual research to try to figure out if your are a scammer before they let you play, but that took less than a day in my case.  So far, bitmarket.eu has worked well for me as a buyer, and I still used it from time to time if I want some smallish number of coins in a hurry.  (Funny story...the last time I used bitmarket.eu, the seller had all kinds of issues with Paypal and I had to really work at it to get him his money.  But I had my BTC right away.)

The cost on bitmarket.eu tends to be a bit higher since it is a risk to the seller (I am supposing.)  So I set up a Tradehill account.  I had limited experience with wiring money and was not looking forward to it.  As it turns out,  I can stop by the bank on the way to work, and the money would be in Tradehill by the afternoon and ready to trade.  Shortly after than, I've got what I want in my working wallet.  Not bad at all.  Tradehill has normally been pretty fast at sending me my BTC, but the last time I did it it took until the next morning.  This was an annoyance to me.

I bought them at bitcoin7.com.

Not working for nor in any way associated with Virtex here. Primarily, what makes it superior is that I can fund my account from my Iphone, on my way to work, and by the time I make it to work the money is usually there and I can start trading. That isn't necessarily due to Virtex itself, but to the fact that Canadian banks have a system called Interac email transfer, which makes it much faster than, in my experience, MtGox/others.

Their interface could improve, IMO. But if the question is where to BUY bitcoins, as opposed to where to engage in day trading of bitcoins, for anyone in Canada the answer is pretty clear.

And if I get into a car crash while funding my account on my iPhone, I will be rushed to the hospital, get first class treatment and when I'm healthy again will walk out of the hospital and never see a bill... so yes, if you're lucky enough to live in Canada :-)

Virtex not superior by it self, but because it utilizes convenient money transfer system called Interac  http://www.interac.ca/. e.g. I send money from my TD EasyWeb, it costs 1.5$, takes 1-2 hours to process and recipient doesn't get my personal information.