Topic: why is it so hard to buy bitcoin - page 19. (Read 30175 times)
I think it is because you can buy huge amounts of bitcoins that are non-reversible. There are many bad guys out there. Someone could simply use a stolen credit card and buy large amounts of bitcoins. Once the coins are sent to the scummer, there is no way back. That's why sites want to verify you. Paypal isn't much widely accepted when buying coins too. Paypal is in the buyer's favor, and you can easily get your money back using paypals system, but the seller won't ever receive his btc back.
i dont think it is hard to buy bitcoin unless you are broke and has no money to buy it. lmao.. you should work if you want to gain bitcoin.
in many country are very easy buying btc
i make transfer bancar AND I GOT btc in 24 hour some time for withdraw
i make transfer bancar AND I GOT btc in 24 hour some time for withdraw
I think it is only hard to buy bitcoin if you don't have the capital to buy bitcoin itself. If you are just relying on the profits you get from trading then its going to be a long ride especially the current status and price of bitcoin which is constantly moving up and down. There are already a lot of ways to buy bitcoin now depending on which country you are from.
well it is not that hard to buy bitcoin there are some sellers here that are selling bitcoins and converted it into cash,. there are people also that are selling and just put some fee's there so they are not deficit in the end.
It isn't so hard, make sure to find a deal here in service selection with someone willing to trade bitcoins for PayPal, add money on your PayPal account, buy the bitcoins to the member with escrow of course. I've never done so since I didn't need to, but it seems that there is quite a bunch of people doing it.
I would never recommend purchasing/selling Bitcoin for PayPal. There are a lot of scammers around here and they will try to reverse the payment after 10, 20 or even 40 days. There are a lot of other easier options, such as Skrill, Bank Transfer and SWIFT transfer. But I would say that Paypal and Bitcoin makes a very dangerous combination.
It isn't so hard, make sure to find a deal here in service selection with someone willing to trade bitcoins for PayPal, add money on your PayPal account, buy the bitcoins to the member with escrow of course. I've never done so since I didn't need to, but it seems that there is quite a bunch of people doing it.
I would never recommend purchasing/selling Bitcoin for PayPal. There are a lot of scammers around here and they will try to reverse the payment after 10, 20 or even 40 days. There are a lot of other easier options, such as Skrill, Bank Transfer and SWIFT transfer. But I would say that Paypal and Bitcoin makes a very dangerous combination.
I think it would depend on which country are you buying those coins. Some countries are already regulated and some are not and those companies selling those coins in regulated countries would be more strict in selling those cause of the guidelines they would follow in their transactions so as not to violate the rules of the government that's why it is hard to buy and you need to provide IDs and other documents as proof of being legit. They are also taking some actions to reduce the risks of fraud. In some countries, you just need to create an account and then you can buy bitcoin directly without the need of those documents cause they are not strict and not regulated yet.
If that is his case then he can just use the internet. The problem here would be the payment system that is available. Many of them are restricting countries which gives a lot of trouble. Paypal dont accept this kind of trade so that is crossed out.
I guess localbitcoin will be the answer to this just like how I did it.
I don't think that buying bitcoin is hard because bitcoin is not that rare on its supply and we can still buy some bitcoins in the market and as long as there is an exchange like coinbase then there wouldn't be a problem in buying bitcoin because we only need to create an account in that wallet and buy bitcoin directly without a problem.
The point of the others is the price, why it is hard to decide to buy a bitcoin even the price is high. The problem is the capital, since bitcoin become popular it's price become high so others need a huge capital to buy a bitcoin.Your right that it will buy in some exchanger. First of all you can't buy a bitcoin if you have no local currency or dollar and how you make it? Some user put a local currency in their own wallet then buy the bitcoin. It is also a problem because some user like in the province has no chance to buy in store like 7/11.
Ya I think Price place a major role in buying the bitcoin. If you are going to brought the bitcoin means you have to some fees for the Miners.For example, if you spend the dollar to brought 0.1 bitcoin means,you only get 0.08 at your wallet. I.e the cost for the transaction of dollars or any currency to Bitcoin.
It isn't so hard, make sure to find a deal here in service selection with someone willing to trade bitcoins for PayPal, add money on your PayPal account, buy the bitcoins to the member with escrow of course. I've never done so since I didn't need to, but it seems that there is quite a bunch of people doing it.
I don't think that buying bitcoin is hard because bitcoin is not that rare on its supply and we can still buy some bitcoins in the market and as long as there is an exchange like coinbase then there wouldn't be a problem in buying bitcoin because we only need to create an account in that wallet and buy bitcoin directly without a problem.
The point of the others is the price, why it is hard to decide to buy a bitcoin even the price is high. The problem is the capital, since bitcoin become popular it's price become high so others need a huge capital to buy a bitcoin.Your right that it will buy in some exchanger. First of all you can't buy a bitcoin if you have no local currency or dollar and how you make it? Some user put a local currency in their own wallet then buy the bitcoin. It is also a problem because some user like in the province has no chance to buy in store like 7/11.
Ya I think Price place a major role in buying the bitcoin. If you are going to brought the bitcoin means you have to some fees for the Miners.For example, if you spend the dollar to brought 0.1 bitcoin means,you only get 0.08 at your wallet. I.e the cost for the transaction of dollars or any currency to Bitcoin.
I think it would depend on which country are you buying those coins. Some countries are already regulated and some are not and those companies selling those coins in regulated countries would be more strict in selling those cause of the guidelines they would follow in their transactions so as not to violate the rules of the government that's why it is hard to buy and you need to provide IDs and other documents as proof of being legit. They are also taking some actions to reduce the risks of fraud. In some countries, you just need to create an account and then you can buy bitcoin directly without the need of those documents cause they are not strict and not regulated yet.
Luckily my country quite easy to purchase bitcoin via ex changer although my government still not legalize bitcoin yet but our people able use bitcoin but with their own risk so if something bad happen on bitcoin user, our government will not intend to interfere
just don't buy it through darkweb if you don't know what are you doing there, it is full of risk.
For me it ain't that hard to buy bitcoin now if I want to, just use a web wallet that allows you to buy bitcoin directly from them where you can pay them conveniently at a payment method of your choice. For that, I recommend coins.ph if you are in Philippines it is very convenient since you can pay it via 7 eleven stores nationwide. You can also pay them via bank which makes it very convenient.
Yes, but I think it might be because of the limited number of bitcoin also then be very expensive and difficult to get. and if you want to have your bitcoin then you can work together with your friends or make a purchase transaction to a seller bitcoin (store). the seller of the bitcoin very much so you can choose which pick-perfect for you. In addition, you also have to have a balance in your wallet because it will be needed. 
I think it would depend on which country are you buying those coins. Some countries are already regulated and some are not and those companies selling those coins in regulated countries would be more strict in selling those cause of the guidelines they would follow in their transactions so as not to violate the rules of the government that's why it is hard to buy and you need to provide IDs and other documents as proof of being legit. They are also taking some actions to reduce the risks of fraud. In some countries, you just need to create an account and then you can buy bitcoin directly without the need of those documents cause they are not strict and not regulated yet.
Luckily my country quite easy to purchase bitcoin via ex changer although my government still not legalize bitcoin yet but our people able use bitcoin but with their own risk so if something bad happen on bitcoin user, our government will not intend to interfere
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.
Actually it depends in the country you belong.in my country its easy to buy btc right now and too many ways to buy you canalso buy direct to your bank using our online wallet.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 happens in my country too, in my country arguably quite easy to buy bitcoin and do not need many terms. Perhaps each country has different regulation for purchase the bitcoin. I think now is a good time to buy bitcoin because bitcoin prices are decreasing.
I think it would depend on which country are you buying those coins. Some countries are already regulated and some are not and those companies selling those coins in regulated countries would be more strict in selling those cause of the guidelines they would follow in their transactions so as not to violate the rules of the government that's why it is hard to buy and you need to provide IDs and other documents as proof of being legit. They are also taking some actions to reduce the risks of fraud. In some countries, you just need to create an account and then you can buy bitcoin directly without the need of those documents cause they are not strict and not regulated yet.
If you use USD and want Yen you don't necessarily have to exchange them. You can start working for Yen. It's the same with bitcoins. You don't have to buy them you can just start services to earn them. I like it better because then you don't have to give out your ID to some online company!
@U2 is very correct about it.. It is how we do our own strategy for us to keep our identity.. As years changes many regulations has been implemented but as long as you know how to deal or even separate yourself from this restriction is your job.. Don't think and hope that bitcoin will be the one who will adjust to your needs..
Dude, it is sooo easy to buy bitcoin.
I dont know where you live. But here in the States, buying into an investment is a lengthy, arduous process. It takes 2-3 days to transfer fiat to an account, a day for a trade to settle, and 3 base days to liquidate a postion and have it reconcile. It will still take the same 2-3 days to withdraw that fiat to your bank account.
I can sell bitcoin on LBC, and have the money in a few hours tops. Same if I buy.
Compared to traditional stocks, bitcoin is like, fast as fuck.
I dont know where you live. But here in the States, buying into an investment is a lengthy, arduous process. It takes 2-3 days to transfer fiat to an account, a day for a trade to settle, and 3 base days to liquidate a postion and have it reconcile. It will still take the same 2-3 days to withdraw that fiat to your bank account.
I can sell bitcoin on LBC, and have the money in a few hours tops. Same if I buy.
Compared to traditional stocks, bitcoin is like, fast as fuck.
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.
Lot of wallets need a verification but not all buyers has valid ids. As a student i have only 1 id so how can i verify my account? Some sites dont need any verification but you cannot withdraw your money but you can deposit.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.
Just try mycellium mobile wallet this is one of the best wallet i used.
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.
Any company must get permit from government, includes money changer. government is very afraid about money laundering using bitcoin, so that procedure will prevent the crime activity. I hope they will find new procedure that more practically but still can prevent the crime activity. 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.
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