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Topic: why is it so hard to buy bitcoin - page 11. (Read 30175 times)

sr. member
Activity: 639
Merit: 251
November 08, 2017, 06:56:37 PM
It is not hard to buy bitcoin it is just very expensive for the most of us i would say buy it when the price goes down people will panic sell and you can make a lot of profit out of that.
Good time for this thinking is right now cause in near future bitcoin will just fall some hundreds down.
full member
Activity: 373
Merit: 100
November 08, 2017, 05:50:29 PM
in my opinion there is nothing difficult to buy bitcoin even though currently the price of bitcoin is high, for me will buy it as long as i have the budget to buy bitcoin, because i believe storing bitcoin is certainly a positive and profitable endeavor
Maybe you can able to buy the bitcoins for this high rate, but this is not easy for everyone. Now already it crossed the high rate margin. Before at least a middle class people can buy bitcoins but now for them also it becomes very hard to invest in bitcoins.


Yes, you are right. It is not easy to buy bitcoin especially for us who cannot really afford the price of bitcoin now. We have no choice but to accept the fact that we will have to wait for the time that the bitcoin price will become affordable for us so we will no longer worry about it. Anyways we can still earn so probably we will just focus on earning bitcoin and not about buying bitcoins it is still so expensive for us to buy.
legendary
Activity: 1148
Merit: 1006
November 08, 2017, 10:51:40 AM
in my opinion there is nothing difficult to buy bitcoin even though currently the price of bitcoin is high, for me will buy it as long as i have the budget to buy bitcoin, because i believe storing bitcoin is certainly a positive and profitable endeavor
Maybe you can able to buy the bitcoins for this high rate, but this is not easy for everyone. Now already it crossed the high rate margin. Before at least a middle class people can buy bitcoins but now for them also it becomes very hard to invest in bitcoins.
member
Activity: 140
Merit: 20
November 08, 2017, 10:43:48 AM
Due to in demand of bitcoin in crypto currency industry, price of this coin are continuing increase. So that some people are not afford to buy and invest to this crypto currency.
However some of them are still buying and hold their amount for long run of time, because they believe that this coin will become more expensive in the future.
sr. member
Activity: 938
Merit: 256
November 07, 2017, 06:39:33 PM
in my opinion there is nothing difficult to buy bitcoin even though currently the price of bitcoin is high, for me will buy it as long as i have the budget to buy bitcoin, because i believe storing bitcoin is certainly a positive and profitable endeavor
newbie
Activity: 7
Merit: 0
November 07, 2017, 06:21:38 PM
It is not hard to buy bitcoin it is just very expensive for the most of us i would say buy it when the price goes down people will panic sell and you can make a lot of profit out of that.
hero member
Activity: 1022
Merit: 500
November 07, 2017, 06:20:28 PM
Just follow the rules dude. This is just a security measure of your local exchange to prevent or minimize theft, and buying bitcoin from stolen money.
Just like you I did the same. I made a selfie of my self while holding my ID.


I have not really bought any bitcoin in a while, i have been mostly trading this last year.  but i have been trying to buy today from localbitcoins and bittylicious and it has been a real challenge.  they want photos of me holding cards on localbitcoins and on bitty they need about 4 different forms of id, what is going on.  

this is seriously restrictive to anyone wanting to get into bitcoin,  like its meant to be pseudonymous but if the gate ways into bitcoin dont allow that people will be put off.    Huh
The price is the reason that buying bitcoin is so hard. Otherwise I don’t that there will be any other reason apart from the price. If somebody thinks that there are many more reasons too due to which buying bitcoin became hard, he may be right but to some extent. Because all the people in the world will want to invest in bitcoin because of the high return on investment and also easily usable worldwide.

Correct, since the value is rising now, most of the ordinary bitcoin users facing difficulties to buy it directly. So, like me since its expensive so far I still bought it in the value where I can afford to buy it. Because, I knew it will continuously increase for the upcoming weeks till the end of this year for sure.
newbie
Activity: 2
Merit: 0
November 07, 2017, 05:47:38 PM
Individually within my nation it had not been difficult, just we had to make use of documents to buy or sell BTC. But recently our government and monetary physique stated that its easier to steer clear of digital forex, though no regulations or limitation is forced upon us until now.
newbie
Activity: 3
Merit: 0
November 07, 2017, 02:13:43 AM
I see no problem to purchase bitcoins. If you made money on the Internet, then you definitely do not need any problems with buying bitcoins. Another thing is that for anonymity you may have to make some swaps, but that's the price of anonymity. Absolutely nothing within our globe happens for free.
newbie
Activity: 3
Merit: 0
November 07, 2017, 12:34:55 AM
Should you just buy the forex for bitcoins, then what's the stage? Is there something that you can't upgrade on money? I believe that bitcoin is just for those who generate them. Until there is the fact that you can only purchase with bitcoin, the demand will not grow.
sr. member
Activity: 1582
Merit: 352
★Bitvest.io★ Play Plinko or Invest!
November 06, 2017, 07:18:04 AM
I have not really bought any bitcoin in a while, i have been mostly trading this last year.  but i have been trying to buy today from localbitcoins and bittylicious and it has been a real challenge.  they want photos of me holding cards on localbitcoins and on bitty they need about 4 different forms of id, what is going on.  

this is seriously restrictive to anyone wanting to get into bitcoin,  like its meant to be pseudonymous but if the gate ways into bitcoin dont allow that people will be put off.    Huh
This is sad truth about some countries that does not recognize, allow or accept cryptocurrencies as payment and that would be a hard struggle for the enthusiasts in that specific country. If your country has too much restrictions on Bitcoin or cryptocurrency in general I think the best way you can do is to only participate in any bounties or signature campaigns. Don't buy coins just work for it. But when you are going to have a cashout you still need to undergo AML/KYC on your local exchange for you to be able to send money on remittances or banks near you. Here in my country buying and selling Bitcoins is as easy as taking orders on restaurants. Our local exchange is equiped with features like some billers and online merchants that accept our local currency and Bitcoins as payments. In terms of buying Bitcoins, remittances has played important role in this transactions here in my country most especially in rural areas where banks and atm's are not accessible. I am in a third world country though the government regulated local exchanges and warned us of possible scams and fraud but still we don't have any problems in buying and selling Bitcoins.
full member
Activity: 420
Merit: 100
Global Blockchain Solution For Transportation
November 06, 2017, 06:56:18 AM
At this moment it is very hard but if you will look on the brighter side of your investment and what can you get after you dit it, no matter how expensive it is, you will find a way to avail it because you want to have a brighter future.
member
Activity: 85
Merit: 10
November 06, 2017, 06:39:37 AM
Much more secured today, rather than 5 years ago. Today you can find several places to buy with guarantee of delivery.
newbie
Activity: 6
Merit: 0
November 06, 2017, 06:37:23 AM
Actually it isn't hard to buy, its just has a high price that is hard to trust your hard working money to put in.
I think that bitcoin is hard to buy for people who don't have that much money to spend on bitcoin and or trust it. Because the value is really high right now and may go even higher but ofcourse can go down again.
member
Activity: 86
Merit: 10
November 06, 2017, 06:33:45 AM
I have not really bought any bitcoin in a while, i have been mostly trading this last year.  but i have been trying to buy today from localbitcoins and bittylicious and it has been a real challenge.  they want photos of me holding cards on localbitcoins and on bitty they need about 4 different forms of id, what is going on. 

this is seriously restrictive to anyone wanting to get into bitcoin,  like its meant to be pseudonymous but if the gate ways into bitcoin dont allow that people will be put off.    Huh
This can be a security policy and management trader. Many criminals are taking advantage of bitcoin as a legitimate way to convert money.
It is not that hard you can buy easily some bitcoins when you have your wallet by blockchain. You can even buy some ETH and btc together there so you will not have a problem.

If you have a locally stored wallet this will make a problem for you buying bitcoins.
full member
Activity: 140
Merit: 100
November 05, 2017, 10:58:17 PM
I have not really bought any bitcoin in a while, i have been mostly trading this last year.  but i have been trying to buy today from localbitcoins and bittylicious and it has been a real challenge.  they want photos of me holding cards on localbitcoins and on bitty they need about 4 different forms of id, what is going on. 

this is seriously restrictive to anyone wanting to get into bitcoin,  like its meant to be pseudonymous but if the gate ways into bitcoin dont allow that people will be put off.    Huh
This can be a security policy and management trader. Many criminals are taking advantage of bitcoin as a legitimate way to convert money.
sr. member
Activity: 675
Merit: 254
So far so good
November 05, 2017, 10:43:04 PM
It wa relatively hard to buy bitcoin 3 years ago but today, in 2017, it is way more simple.
There are so many well know places, with a good reputation where you can buy BTC.
sr. member
Activity: 660
Merit: 250
November 05, 2017, 10:33:00 PM
maybe in other part of country but in my hometown its not hard to buy bitcoin it's very convenient you can buy bitcoin at 7/11 as eary as that then send it to your favorite exchange or wallet
full member
Activity: 616
Merit: 100
November 05, 2017, 08:21:07 PM
Why? If it is legal in your country and you got some trusted friends it is so easy... Just get in touch with this kind of people.

It would sound better if the bitcoin is legal in my country but that does not happen in my country.
full member
Activity: 276
Merit: 100
November 05, 2017, 07:28:45 PM
It's getting harder because bitcoin now is very expensive and for a simple and ordinary person like me that is working with a lower salary and with a family, it is very hard for us to avail at least 1bitcoin.
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