why is it so hard to buy bitcoin - page 33.

bncbnc

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Quote from: marcoman22 on February 05, 2017, 07:14:44 AM

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

In our india, i also used to buy and sell bitcoins in localbitcoins.com and i never faced any such problems.They didnt even ask me a single id. I think the rules differs for each country.

yes localbitcoin is not creating any problem. i personally also using localbitcon but found it perfect for every time. therefore i also do no think to say that it is so hard to sell or buy bitcoin.

lusinda

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Quote from: DocGTR on February 05, 2017, 02:10:34 PM

Buying Bitcoin I only takes a few minutes. Now a lot of services that will help to buy Bitcoin with no problems.

The problem isn't in a lack of exchangers/services to buy bitcoin from. The problem appeared when you want to buy bitcoin with fiat and don't show your identy in the same time. A lot of services try to protect themselves, to follow AML policy and thats why ask about your personal information.
If you don't want to go through verification you have two options:
1) get bitcoin directly (from online job, for example);
2) find someone who don't interested in your personal data (peer to peer trading).
Good luck in buying bitcoin.

Hazir

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Quote from: btvGainer on February 04, 2017, 07:44:14 PM

Buying bitcoin is easy,finding the right seller and getting good price is hard.There are several exchange that sell bitcoin and it is not difficult to find which one are reliable but there is a difference in bitcoin price on every exchange and that is hard to keep track of prices at all exchanges

You just contradicted yourself so many times in your post. You said it is hard to find a seller, to find a good exchange and to keep track of the bitcoin's price.
So what exactly is easy in all of this? In reality buying bitcoin is not much worse or complicated than opening an bank account IMO.

DocGTR

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Buying Bitcoin I only takes a few minutes. Now a lot of services that will help to buy Bitcoin with no problems.

dothebeats

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It's 2017 and almost every exchange around the world are advertising so hard to let people know that bitcoin can be obtained through their services without having their customers break a sweat. I understand that it's really hard at first, but the information is readily available and all you need to do is browse and utilize those informartion for your own gain.

usefrees

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When I first bought the groove Bitcoin I was really scared. I thought that I was deceived by fraudsters. After I made a payment, I had to wait five hours before in my purse sew coins. It was very long and scary. Now I know how to buy coins and doing it safely and quickly.

angaper

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Well, ordinary people using bitcoins are not involved in criminal activities so I don't know why it is so important this excessive rejection to show IDs to carry out some transactions. When we use PayPal or some other bank transactions we are always willing to show all the required documents, but in the case of bitcoin we don't like it despite our interest to make btc a reliable and legal currency.

Besides, these days there are multiple options to buy bitcoins without restrictions or documentations.

t2yax

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Maybe the reason why its hard to buy bitcoin today because people are keeping on it then after the rank or thw worth of it will increase then its time to sell their bitcoins in triple times maybe. Its a good strategy.

Hikol

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Not really hard at all. I just found a nice and reliable service at https://www.xmlgold.eu/ where I always buy Bitcoin, and it works great and very fast for me. I don't understand why people think that it is hard...

ASHLIUSZ

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Quote from: Mario274 on February 04, 2017, 04:08:35 PM

Quote from: dream4 on February 04, 2017, 03:39:39 PM

Its hard at first because you don't know the sources

.
But after a while using google search you will know the places.

not only by the search engine, but thanks to this forum. Here you can find all the answers. Experienced people will give the right advice.

More than the search engine our forum gives a better information regarding the possibilities to buy bitcoin. In the past people find it hard to find trading and exchange websites, now it can be easily accessed even without identity.

shield132

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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

You know that there is high possibility of using bitcoin for illegal things, plus to avoid fiat. They are doing it for their and customers security.
At first situation was different in my local bank which was selling abd buying bitcoins, there was no need of verification but after one week they changed rules and I needed full verifyed account for buying bitcoins and they explained it as I wrote.

sukamasoto

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Luckily my country have local exchanger which enable us to buy and/ sell bitcoin anytime anywhere ( since they have application on google playstore

Quote from: btvGainer on February 04, 2017, 07:44:14 PM

Buying bitcoin is easy,finding the right seller and getting good price is hard.There are several exchange that sell bitcoin and it is not difficult to find which one are reliable but there is a difference in bitcoin price on every exchange and that is hard to keep track of prices at all exchanges

The problem is they not support their currency and they charge quite high fee

marcoman22

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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

In our india, i also used to buy and sell bitcoins in localbitcoins.com and i never faced any such problems.They didnt even ask me a single id. I think the rules differs for each country.

CyberKuro

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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

Yes, they want to verify who you are, why? That's their policy in case to prevent any kind of money laundering due to strict regulations about it in every country. government eyes always looking at all of the exchanges as the main door for illegal activities, so they don't want to risk their existence. If you want to be anonymous/pseudonymous, just buy bitcoin from someone that you know (friends) or someone trusted who offers bitcoin, case closed.

klf

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Quote from: BossMacko on February 04, 2017, 07:50:47 PM

I never had a hard time finding a seller of Bitcoin, Even if you are not using exchange to buy Bitcoin , just always use escrow to prevent scam. You can easily find seller in this forum if you just know how to search or know where to find the thread.

In this forum if you're a newbie then should provide a non-reversible method then can buy otherwise it is very hard to buy on this forum. OR people may need to pay high fee to buy in local bitcoins. The best way is to buy from any reputed exchange. In my country, I can buy from a couple of good trusted exchangers with a reasonable fee, so it is not hard for me to buy.

BossMacko

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I never had a hard time finding a seller of Bitcoin, Even if you are not using exchange to buy Bitcoin , just always use escrow to prevent scam. You can easily find seller in this forum if you just know how to search or know where to find the thread.

btvGainer

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Buying bitcoin is easy,finding the right seller and getting good price is hard.There are several exchange that sell bitcoin and it is not difficult to find which one are reliable but there is a difference in bitcoin price on every exchange and that is hard to keep track of prices at all exchanges

Ferris419

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Quote from: Mario274 on February 04, 2017, 04:08:35 PM

Quote from: dream4 on February 04, 2017, 03:39:39 PM

Its hard at first because you don't know the sources

.
But after a while using google search you will know the places.

not only by the search engine, but thanks to this forum. Here you can find all the answers. Experienced people will give the right advice.

Exactly if you spend enough time on this forum regularly then you will get all your answers related to bitcoins, just start a topic and you can expect genuine responses from the users of bitcoins and buying bitcoins may be hard only if particular country doesn't supports bitcoins and I have seen on localbitcoins that there are buyers and sellers from almost all countries so I don't think its that hard to buy bitcoins nowadays.

Mario274

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Quote from: dream4 on February 04, 2017, 03:39:39 PM

Its hard at first because you don't know the sources

.
But after a while using google search you will know the places.

not only by the search engine, but thanks to this forum. Here you can find all the answers. Experienced people will give the right advice.

dream4

newbie

Activity: 33

Merit: 0

Its hard at first because you don't know the sources

.
But after a while using google search you will know the places.

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