Topic: why is it so hard to buy bitcoin - page 13. (Read 30175 times)
Because bitcoin is not reversible. Traditional payment is, like credit card / bank / paypal. That's why you only see exchanges between the two with very high fees.
It is not difficult to purchase bitcoins. Hand a person money, they send you bitcoins, carried out! These days Bitcoin appears to have entered a kind of equilibrium. On the a single hand, it has largely purged ...
As long as there is no intention to succeed and gain profit from bitcoin certainly feels hard for anyone to invest bitcoin, this is what makes people continue to doubt and finally regret because the price of bitcoin more expensive.
You are right a lot of the people are spending the meaningless life because the price of the bitcoin is not now giving the profit to all the people the importance of the bitcoin is getting high and the government so be patience and then buy the bitcoin to be able to increase your money and then be the part of the bitcoin so hold the bitcoin and try to be succeed in the future in the bitcoin increasing strategy. 
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.
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.
very difficult to buy bitcoin because bitcoin every day the price is more expensive, if you know the total supply bitcoin is very limited, but the demand from the market is very much, it makes bitcoin hard to get and more expensive.
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.
There are many reasons why Bitcoin is so scarce. You also know that Bitcoin is created a lot but the number is limited and it has been scattered all over the world so the retention of some BTC is impossible. In addition, the price of a BTC is very high, so buying it becomes more difficult than buying gold or silver. In addition, some large investors have bought and hoarded a large number of BTCs, so the lack of market shares is a possibility.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.
It is not really hard if you use Coinbase - OR IS IT?
All you have to do is get approved by some government licsensed entity.
Give them your ID and have it confirmed that you are who you say you are etc,
Give them you ID again and again - because the automated system can not read your ID.
Give them your bank account numbers for payment
Pay transaction fees... and wait for transaction to be approved.
Not hard at all...
It still depends on where you live. I live in a country where coinbase does not support buying/selling bitcoin. Moreover, the price on coinbase is quite high. There are many platform provide you a cheaper price of bitcoin. Use them and you can save a great amount of money All you have to do is get approved by some government licsensed entity.
Give them your ID and have it confirmed that you are who you say you are etc,
Give them you ID again and again - because the automated system can not read your ID.
Give them your bank account numbers for payment
Pay transaction fees... and wait for transaction to be approved.
Not hard at all...
Fiats you are using to buy BTC is subjected to your government anyway, they should have to rights to know they are not being laundered and since Bitcoin is pseudonymous, the only way is to verify your identity or else these service provider would face legal issues.
Btw 4 identity documents is unacceptable for me too, which site was that? I think the documents should only be detailed when the volume is huge, LUNO needs papers when you cashing more than $1000.
Btw 4 identity documents is unacceptable for me too, which site was that? I think the documents should only be detailed when the volume is huge, LUNO needs papers when you cashing more than $1000.
It really depends on the country that you are living in because you can buy more bitcoin without going into a verification process but if you really want an easy way to do buy bitcoin then buy directly from a person and do meetup so you can secure the bitcoin and the payment without having problems.
It's not hard at all to buy bitcoin and i don't think giving them some verification really matter. They only want to make sure that the buyer / seller is legit and won't cause trouble in the future. In my local exchange the users also have to do some verification to increase their daily limit.
That's your opinion because maybe in your situation right npw you have a lot of sources specially with bitcoin. To be honest,I don't have such big amount pf bitcoin to share but it is worth trying. I can say that it is hard to buy bitcoin this time because I don't have enough income to buy for it. In other words,I don't have the budget to buy bitcoin. The only way I can do for now is to wait my turn to buy bitcoin someday. I have to hold many bitcoins first before I do the second move which is buying of course. I know in time I can buy bitcoin and I won't regret of buying it. 
It is not really hard if you use Coinbase - OR IS IT?
All you have to do is get approved by some government licsensed entity.
Give them your ID and have it confirmed that you are who you say you are etc,
Give them you ID again and again - because the automated system can not read your ID.
Give them your bank account numbers for payment
Pay transaction fees... and wait for transaction to be approved.
Not hard at all...
Well those are the rules for using fiat because fiat is not yours. You may use dollars to store your wealth under the rules laid out by the owner/issuer, the federal reserve. So if you are into bitcoin as a way to get more fiat dollars then get used to following rules. All you have to do is get approved by some government licsensed entity.
Give them your ID and have it confirmed that you are who you say you are etc,
Give them you ID again and again - because the automated system can not read your ID.
Give them your bank account numbers for payment
Pay transaction fees... and wait for transaction to be approved.
Not hard at all...
Bitcoin is not the problem, IMO. Neither is fiat. It is this back and forth that eats your profits. Besides, why would you want your fiat back when you have better money?
it is not now hard to buy bitcoin because there are some stores that are now selling bitcoin and also accepting bitcoins, but we we must also consider that there are some country that aren't accepting bitcoin that is why it is too hard to bitcoin.
In my experience, I have never been bought bitcoin for a while because I don't have enough budget to invest in bitcoin, the only things that I have is satoshi and litoshi those two things is the result of the faucet that I've been doing in internet, but if I will have the budget to buy bitcoin i will buy it using
application like coin.ph, because in this application you will easily buy bitcoin by converting your money in PHP wallet to BTC wallet, but for me the main reason why people experiencing insaneness in buying bitcoin is that they have no idea on how to buy and they had no money to invest.
application like coin.ph, because in this application you will easily buy bitcoin by converting your money in PHP wallet to BTC wallet, but for me the main reason why people experiencing insaneness in buying bitcoin is that they have no idea on how to buy and they had no money to invest.
It's not hard at all to buy bitcoin and i don't think giving them some verification really matter. They only want to make sure that the buyer / seller is legit and won't cause trouble in the future. In my local exchange the users also have to do some verification to increase their daily limit.
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.
There are many reasons why Bitcoin is so scarce. You also know that Bitcoin is created a lot but the number is limited and it has been scattered all over the world so the retention of some BTC is impossible. In addition, the price of a BTC is very high, so buying it becomes more difficult than buying gold or silver. In addition, some large investors have bought and hoarded a large number of BTCs, so the lack of market shares is a possibility.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.
As long as there is no intention to succeed and gain profit from bitcoin certainly feels hard for anyone to invest bitcoin, this is what makes people continue to doubt and finally regret because the price of bitcoin more expensive.
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.
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.
very difficult to buy bitcoin because bitcoin every day the price is more expensive, if you know the total supply bitcoin is very limited, but the demand from the market is very much, it makes bitcoin hard to get and more expensive.
It is not really hard if you use Coinbase - OR IS IT?
All you have to do is get approved by some government licsensed entity.
Give them your ID and have it confirmed that you are who you say you are etc,
Give them you ID again and again - because the automated system can not read your ID.
Give them your bank account numbers for payment
Pay transaction fees... and wait for transaction to be approved.
Not hard at all...
All you have to do is get approved by some government licsensed entity.
Give them your ID and have it confirmed that you are who you say you are etc,
Give them you ID again and again - because the automated system can not read your ID.
Give them your bank account numbers for payment
Pay transaction fees... and wait for transaction to be approved.
Not hard at all...
It's not that really hard to buy bitcoins, here in Philippines there are many option on how to buy Bitcoin. We can use banks or money transfer outlets here. I think some countries now have difficulty of buying bitcoins or some countries have very big transaction fees when you are buying bitcoins.
It not money. Bitcoin is the digital currency it will give more opportunity. You need bitcoin you will know the bitcoin process it will become get the bitcoin. you put effect you will get the bitcoin for the gaining. Bitcoin is the future currency it will give more information and you will sagas with bitcoin traders. It will give some point of the bitcoin is the good for the bitcoin. If need bitcoin you check the lockal bitcoin trades. you will buy the bitcoin it will useful to you.
It's easy to buy bitcoin but it's hard because the price was so high now.
And you can't say that the price of it will go high or go low.
And you can't say that the price of it will go high or go low.
It's not that really hard to buy bitcoins, here in Philippines there are many option on how to buy Bitcoin. We can use banks or money transfer outlets here. I think some countries now have difficulty of buying bitcoins or some countries have very big transaction fees when you are buying bitcoins.
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