why is it so hard to buy bitcoin - page 31.

Antesth

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Quote from: valta4065 on February 10, 2017, 10:04:23 AM

I wouldn't say it's hard to buys btc...
In fact it's rather easy, there are dozens of sites selling btc and you can see a lot in signature of the forum Grin

But it's freaking expensive!!!
You always have to pays around 10% of various fees whenever you want to buy some!
Unless you use local bitcoin, which is for me the best of the best of bitcoin trading website.

I agree with what you are saying and i never had any problems with buying Bitcoin.
But if you want to buy a Bitcoin you have to pay over $1,200 and that is without the fees that come extra.

btc-facebook

legendary

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Every place have their own bitcoin shop the different is whenever they enable bitcoin transaction on your country.
For example : some country forbid bitcoin usage or even against law

Luckily I have my own local bitcoin which enable me to convert bitcoin into fiat in haste

Slark

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Quote from: Erza on February 16, 2017, 07:59:05 PM

To buy this bitcoin is not hard, as long as you have enough money to buy then it will be no matter anymore. But here is the problem, people never know when to buy because for now bitcoin price is so high and we never know when it drops so it is just like gamblijg if you want to buy the coin right now with this price. May be this is the reason many people said hard to buy

You got it completely wrong, it is not what we are talking about here. Bitcoin properties are not important. We don't care about high BTC price or its volatility.
We hare discussion legal problems and hassle of users who need to use 3rd party services, p2p trading or other ways to buy BTC.

And I say it again, buying BTC is not harder than opening a bank account. It is people who are making it appear like something far more complicated.

Kotone

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Quote from: calkob on November 08, 2016, 11:41:45 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

Is there any policy that our id's are going to be safe how if they will going to use that into frauds like loaning in some banks then we are going to be suffer i will not trust this kind of bitcoins but they have rights to do it because of fraud happening in the world. People now are smart they can do every thing they want.

Erza

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To buy this bitcoin is not hard, as long as you have enough money to buy then it will be no matter anymore. But here is the problem, people never know when to buy because for now bitcoin price is so high and we never know when it drops so it is just like gamblijg if you want to buy the coin right now with this price. May be this is the reason many people said hard to buy

upsidedown75

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Quote from: valta4065 on February 10, 2017, 10:04:23 AM

I wouldn't say it's hard to buys btc...
In fact it's rather easy, there are dozens of sites selling btc and you can see a lot in signature of the forum Grin

But it's freaking expensive!!!
You always have to pays around 10% of various fees whenever you want to buy some!
Unless you use local bitcoin, which is for me the best of the best of bitcoin trading website.

The main problem is the unavailability of guys that actually exchange money for bitcoins. I think till we keep using sites and services for exchanges the fees would always be high. Contacting a local guy and trading with him is much easier.

The best way for me right now to buy bitcoins is via perfectmoney which I get from a user in my skype for bank money and that I give to exchange sites for getting BTC at 0 % !

Dudeperfect

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Quote from: The_Dark_Knight on February 13, 2017, 09:38:27 PM

Quote from: hardtime on February 08, 2017, 05:13:59 PM

I wouldn't say it's hard to buy bitcoin I'd say that people are just forced to follow rules such as KYC which forces people to get verification of identity verification to make sure you are who you say you are. This isn't due to the legit exchanges just wanting to know random information, they're forced into getting this data by the governments.

I personally have no problem verifying my identity on a site like coinbase but others may, I guess you'll be forced to pay a higher percentage fee for using a service such as LBC or Paxful.

It is not only the exchanges that are doing KYC, since there are a lot of scams in the world of bitcoin then traders need to protect themselves by asking this information from potential buyers, it is not what we want but scammers have ruined it for all of us.

That’s the only reason that I am unable to get a virtual credit card. I don’t have passport or driving license or voting card yet but I have other identity cards issued by the government but these exchanges and services are refusing to accept it (I am even ready to click a selfie with my documents for verification), I don’t know why these sites are rejecting a document issued by the government (having constitutional status of the government).

The_Dark_Knight

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Quote from: hardtime on February 08, 2017, 05:13:59 PM

I wouldn't say it's hard to buy bitcoin I'd say that people are just forced to follow rules such as KYC which forces people to get verification of identity verification to make sure you are who you say you are. This isn't due to the legit exchanges just wanting to know random information, they're forced into getting this data by the governments.

I personally have no problem verifying my identity on a site like coinbase but others may, I guess you'll be forced to pay a higher percentage fee for using a service such as LBC or Paxful.

It is not only the exchanges that are doing KYC, since there are a lot of scams in the world of bitcoin then traders need to protect themselves by asking this information from potential buyers, it is not what we want but scammers have ruined it for all of us.

CoinFoxs

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Quote from: Taki on February 08, 2017, 02:36:36 PM

I have tried to buy bitcoin only one ce and this transaction didn't have any success. I have tried YoBit and this transaction didn't passed. Can you recommend another exchanger where I can buy a bitcoin?

There are many sites from where you can buy bitcoins and also sell your bitcoins, I would suggest you localbitcoins.com for buying and selling of your bitcoins because this site is one of the best site and a safe too. Try localbitcoins for buying coins i am sure you will have a good or better experience than Yobit.

Skarner21

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Massive price drop coming...

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Quote from: Taki on February 08, 2017, 02:36:36 PM

I have tried to buy bitcoin only one ce and this transaction didn't have any success. I have tried YoBit and this transaction didn't passed. Can you recommend another exchanger where I can buy a bitcoin?

There are many sites where you can buy sell bitcoin easily. You can buy & sell Bitcoin on paxful and localbitcoins site. Both are the safe and secure site. you can but bitcoin with any payment processor. There have a lot of payment processor, So why you can choose anyone that suitable for you. Nowadays buying & selling bitcoin very easy. You will get a lot of youtube videos about ''How to buy sell on paxful'' , just search it on your browser.

Those site or exchange site are not all country are accepted.. they are only have selected country that you can buy bitcoins..
There are country that you can buy bitcoins in local merchant like in india they have zebpay here in my country we had coins.ph and other exchange site that actually accepting to buy bitcoin using credit card or virtual payment.. like in uk revolut here in my country paymaya.. or any secured virtual payment processor..
So for me its not hard to buy but you should always check the security of your payment methods. .

jovs

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Quote from: grandy on February 10, 2017, 04:25:17 PM

Quote from: Superzpay on February 10, 2017, 11:42:19 AM

Quote from: Vikingr on February 10, 2017, 10:25:31 AM

Quote from: just_Alice on February 01, 2017, 02:08:11 PM

Quote from: Vikingr on February 01, 2017, 10:52:51 AM

If you do not want to provide your photo ID for buying bitcoins then go to those exchanges where they do not need your verification compulsory for have a full account on that exchanges. Then deposit your money to that exchanges and but bitcoins of how much you need to buy. For example go and create an account on yobit or any other exchange like that.

You can sell Bitcoin for USD on yobit but after that how can you withdraw USD without revealing your identity? I have never tried to do it myself, so maybe there is a way, but I thought you have to provide at least your CC number for that.

It is not a probem to deposit and withdraw USD to and from yobit because you can deposit to yobit from any okpay or perfect money account from any person whom you know so it will not show your identity and in the same way you can use any persons payment processor to withdraw USD from yobit.

That is a good way for to buy bitcoin and deposit and withdraw from the yobit but sometimes the withdrawal hanp up and it take longer time as in my case it took more than 4 days and I was unable to get my money and I was in extreme need at that time.

yes yobit is also a good way of buying or selling bitcoin. i am using local exchange that is URDUBIT.COM from where i can easily buy and sell bitcoin without creating any issues, in fact it never create any problem to me and i am using it in a good way.

Yobit is just bitcoin trading site like any other crypto currency exhange, it can't be used to buy bitcoin through fiat money. However, there is a trading site called coinsbase which can be used to make trading in the pair of fiat money-bitcoin. It is instant and easy to do. However, it is not capable to sll country. However, since in my country we have a bitcoin/ fiat money converter called coins.ph, we sre able to do that in easiest way. It is still better if there is wallet/money exchanger like that in all country so that buying/ selling bitcoin would be easier for us.

Lionidas

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Quote from: DevelopFI on February 09, 2017, 04:42:11 PM

What percent of your investment are you willing to lose while converting from fiat to BTC? I used paypal->virwox->Poloniex and that route took over 20% which is obviously ridiculous. I think paypal is the weak link here. Will probably go with localbitcoins from now on.

Paypal in that equation is certainly the weak link there.
They can even cause a break in the chain of the transfer if chargebacks ensure after the transaction on the bitcoin side completes. Just look at the mess ecoin wirex app creators are in with taking paypal as payments for it's customers. They do not have assurance that the people whom are sending paypal won't request their money back filing a dispute later on.

grandy

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Quote from: Superzpay on February 10, 2017, 11:42:19 AM

Quote from: Vikingr on February 10, 2017, 10:25:31 AM

Quote from: just_Alice on February 01, 2017, 02:08:11 PM

Quote from: Vikingr on February 01, 2017, 10:52:51 AM

If you do not want to provide your photo ID for buying bitcoins then go to those exchanges where they do not need your verification compulsory for have a full account on that exchanges. Then deposit your money to that exchanges and but bitcoins of how much you need to buy. For example go and create an account on yobit or any other exchange like that.

You can sell Bitcoin for USD on yobit but after that how can you withdraw USD without revealing your identity? I have never tried to do it myself, so maybe there is a way, but I thought you have to provide at least your CC number for that.

It is not a probem to deposit and withdraw USD to and from yobit because you can deposit to yobit from any okpay or perfect money account from any person whom you know so it will not show your identity and in the same way you can use any persons payment processor to withdraw USD from yobit.

That is a good way for to buy bitcoin and deposit and withdraw from the yobit but sometimes the withdrawal hanp up and it take longer time as in my case it took more than 4 days and I was unable to get my money and I was in extreme need at that time.

yes yobit is also a good way of buying or selling bitcoin. i am using local exchange that is URDUBIT.COM from where i can easily buy and sell bitcoin without creating any issues, in fact it never create any problem to me and i am using it in a good way.

Superzpay

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Quote from: Vikingr on February 10, 2017, 10:25:31 AM

Quote from: just_Alice on February 01, 2017, 02:08:11 PM

Quote from: Vikingr on February 01, 2017, 10:52:51 AM

If you do not want to provide your photo ID for buying bitcoins then go to those exchanges where they do not need your verification compulsory for have a full account on that exchanges. Then deposit your money to that exchanges and but bitcoins of how much you need to buy. For example go and create an account on yobit or any other exchange like that.

You can sell Bitcoin for USD on yobit but after that how can you withdraw USD without revealing your identity? I have never tried to do it myself, so maybe there is a way, but I thought you have to provide at least your CC number for that.

It is not a probem to deposit and withdraw USD to and from yobit because you can deposit to yobit from any okpay or perfect money account from any person whom you know so it will not show your identity and in the same way you can use any persons payment processor to withdraw USD from yobit.

That is a good way for to buy bitcoin and deposit and withdraw from the yobit but sometimes the withdrawal hanp up and it take longer time as in my case it took more than 4 days and I was unable to get my money and I was in extreme need at that time.

BrewMaster

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Quote from: Vikingr on February 10, 2017, 10:25:31 AM

Quote from: just_Alice on February 01, 2017, 02:08:11 PM

Quote from: Vikingr on February 01, 2017, 10:52:51 AM

If you do not want to provide your photo ID for buying bitcoins then go to those exchanges where they do not need your verification compulsory for have a full account on that exchanges. Then deposit your money to that exchanges and but bitcoins of how much you need to buy. For example go and create an account on yobit or any other exchange like that.

You can sell Bitcoin for USD on yobit but after that how can you withdraw USD without revealing your identity? I have never tried to do it myself, so maybe there is a way, but I thought you have to provide at least your CC number for that.

It is not a probem to deposit and withdraw USD to and from yobit because you can deposit to yobit from any okpay or perfect money account from any person whom you know so it will not show your identity and in the same way you can use any persons payment processor to withdraw USD from yobit.

i know for a fact that you don't necessarily need to verify your identity with perfect money but also that means these methods of deposit and withdrawal of fiat have lots of fees involved. which means choosing these methods makes your trades so much less profitable.

and besides i do not trust yobit at all!

Emoclaw

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Quote from: d@nte on February 10, 2017, 10:37:07 AM

Quote from: Vikingr on February 10, 2017, 10:25:31 AM

Quote from: just_Alice on February 01, 2017, 02:08:11 PM

Quote from: Vikingr on February 01, 2017, 10:52:51 AM

If you do not want to provide your photo ID for buying bitcoins then go to those exchanges where they do not need your verification compulsory for have a full account on that exchanges. Then deposit your money to that exchanges and but bitcoins of how much you need to buy. For example go and create an account on yobit or any other exchange like that.

You can sell Bitcoin for USD on yobit but after that how can you withdraw USD without revealing your identity? I have never tried to do it myself, so maybe there is a way, but I thought you have to provide at least your CC number for that.

It is not a probem to deposit and withdraw USD to and from yobit because you can deposit to yobit from any okpay or perfect money account from any person whom you know so it will not show your identity and in the same way you can use any persons payment processor to withdraw USD from yobit.

In general, most exchanges have a simple process, for conversion and for withdrawal. I think most people who would have problems are people who do not want to reveal identity, but in that case I think the only solution would be to use some decentralized exchange. I do not know if those that exist are efficient enough, but I believe that the use of this kind of exchange will become more frequent in the future...

Decentralized exchanges are actually really good, but still early stage. I'm only aware of Bitsquare and Coinffeine and from what I've read they both work really well.
Another option would be to use the currency exchange section in this or other forums, with trustworthy people.

mrjoy15

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Quote from: valta4065 on February 10, 2017, 10:04:23 AM

I wouldn't say it's hard to buys btc...
In fact it's rather easy, there are dozens of sites selling btc and you can see a lot in signature of the forum Grin

But it's freaking expensive!!!
You always have to pays around 10% of various fees whenever you want to buy some!
Unless you use local bitcoin, which is for me the best of the best of bitcoin trading website.

That's exactly what i would like to say.Obviously using LocalBitcoins will secure and safe exchange to your current location.In fact,nowadays buying bitcoin it so easy can be fast and convenient.It does not matter in which country have you belonged.About my strategy continuously connected with bitcoin such of various works like buy-sell in my region etc.

d@nte

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Quote from: Vikingr on February 10, 2017, 10:25:31 AM

Quote from: just_Alice on February 01, 2017, 02:08:11 PM

Quote from: Vikingr on February 01, 2017, 10:52:51 AM

If you do not want to provide your photo ID for buying bitcoins then go to those exchanges where they do not need your verification compulsory for have a full account on that exchanges. Then deposit your money to that exchanges and but bitcoins of how much you need to buy. For example go and create an account on yobit or any other exchange like that.

You can sell Bitcoin for USD on yobit but after that how can you withdraw USD without revealing your identity? I have never tried to do it myself, so maybe there is a way, but I thought you have to provide at least your CC number for that.

It is not a probem to deposit and withdraw USD to and from yobit because you can deposit to yobit from any okpay or perfect money account from any person whom you know so it will not show your identity and in the same way you can use any persons payment processor to withdraw USD from yobit.

In general, most exchanges have a simple process, for conversion and for withdrawal. I think most people who would have problems are people who do not want to reveal identity, but in that case I think the only solution would be to use some decentralized exchange. I do not know if those that exist are efficient enough, but I believe that the use of this kind of exchange will become more frequent in the future...

Vikingr

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Quote from: just_Alice on February 01, 2017, 02:08:11 PM

Quote from: Vikingr on February 01, 2017, 10:52:51 AM

If you do not want to provide your photo ID for buying bitcoins then go to those exchanges where they do not need your verification compulsory for have a full account on that exchanges. Then deposit your money to that exchanges and but bitcoins of how much you need to buy. For example go and create an account on yobit or any other exchange like that.

You can sell Bitcoin for USD on yobit but after that how can you withdraw USD without revealing your identity? I have never tried to do it myself, so maybe there is a way, but I thought you have to provide at least your CC number for that.

It is not a probem to deposit and withdraw USD to and from yobit because you can deposit to yobit from any okpay or perfect money account from any person whom you know so it will not show your identity and in the same way you can use any persons payment processor to withdraw USD from yobit.

valta4065

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I wouldn't say it's hard to buys btc...
In fact it's rather easy, there are dozens of sites selling btc and you can see a lot in signature of the forum Grin

But it's freaking expensive!!!
You always have to pays around 10% of various fees whenever you want to buy some!
Unless you use local bitcoin, which is for me the best of the best of bitcoin trading website.

Topic: why is it so hard to buy bitcoin - page 31. (Read 30175 times)