why is it so hard to buy bitcoin - page 37.

ikydesu

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Actually buy bitcoin is simple.
Use centralized exchange service if can't protect yourself by scammer, but the lack is the fees, your identity and sometimes they will suddenly collapse or turn into scam (ect situation).
Use p2p exchange if you can protect yourself, you in the right ways as bitcoin concept in the first place.

Quote from: viziano on December 26, 2016, 03:20:29 PM

It really sucks that Circle had stopped accepting CC's for Bitcoin..
Was litteraly the best way to buy bitcoin's for a low fee.

The only thing now is to use Localbitcoins...Talking about the cheapest way.
Hate Coinbase.

The best buy bitcoin is exactly p2p, since bitcoin designed as p2p, decentralized and pseudonym which there's no need 3rd party involved, instead your security is your responsibility.

viziano

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It really sucks that Circle had stopped accepting CC's for Bitcoin..
Was litteraly the best way to buy bitcoin's for a low fee.

The only thing now is to use Localbitcoins...Talking about the cheapest way.
Hate Coinbase.

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Quote from: rajasumi3 on December 26, 2016, 02:12:03 PM

If u are in india u can buy bitcoins through zebpay or through local bitcoins u can buy bitcoins and sell it .different countries i would say that u should that invest through localbitcoins.it will be useful.

Every country has got different trading and exchange websites to give easy access to the users. During the early days lot exchange websites and other trading websites found to be scam. Little by little improved features made bitcoin buying and selling successful without getting trapped.

rajasumi3

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If u are in india u can buy bitcoins through zebpay or through local bitcoins u can buy bitcoins and sell it .different countries i would say that u should that invest through localbitcoins.it will be useful.

mogrith

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Quote from: viziano on December 05, 2016, 03:48:55 PM

Hard?
Really isn't that hard to be honest..

You literally use Circle to buy BTC via CC for a low rate.
What can be better than this?

Circle is ending the USD/BTC part of the service.
http://btcgeek.com/circle-ends-support-buying-bitcoin/

Achargeturry78

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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

It is really hard to bought bitcoin in that website why? because if you are using card or holding card on localbitcoin they are going to ask so something to prove your identity to avoid frauds and scam. Try to exchange websites that accept cards without asking any documents.

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Quote from: justdimin on December 06, 2016, 07:39:46 AM

Quote from: richmcrich on December 06, 2016, 05:39:08 AM

Quote from: adi33 on December 06, 2016, 05:17:18 AM

Perhaps with such a system that prioritizes the security of the customer. the same as in the exchange in my country a lot of procedures. especially if I want to change phone number it's complicated

Yes the security measurements are really troubling us. That is the reason I never prefer to buy bitcoin from exchanges. I am always looking to buy bitcoin from my office colleagues and from forum members here. This type of peer to peer exchanges solve many complications in buying bitcoins.

I believe you must be doing as per bitcoin's core concept of decentralisation. We should not depend on any centralized services for any purpose for bitcoin related. We must always try to resolve all of our requirements within ourselves. Buying and selling within ourselves must be a great solution as per what decentralisation of bitcoin is teaching us.

decentralisation doesn't mean you will resolve anything by yourself and will do anything by yourself. decentralisation in bitcoin is just in term of its system which is using blockchain and decentralized. if every users are forced to resolve their own problem themselves then they will more likely to see any more simple digital currency option so does with buying and selling. sometimes a centralised companies also helping

justdimin

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Quote from: richmcrich on December 06, 2016, 05:39:08 AM

Quote from: adi33 on December 06, 2016, 05:17:18 AM

Perhaps with such a system that prioritizes the security of the customer. the same as in the exchange in my country a lot of procedures. especially if I want to change phone number it's complicated

Yes the security measurements are really troubling us. That is the reason I never prefer to buy bitcoin from exchanges. I am always looking to buy bitcoin from my office colleagues and from forum members here. This type of peer to peer exchanges solve many complications in buying bitcoins.

I believe you must be doing as per bitcoin's core concept of decentralisation. We should not depend on any centralized services for any purpose for bitcoin related. We must always try to resolve all of our requirements within ourselves. Buying and selling within ourselves must be a great solution as per what decentralisation of bitcoin is teaching us.

richmcrich

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Quote from: adi33 on December 06, 2016, 05:17:18 AM

Perhaps with such a system that prioritizes the security of the customer. the same as in the exchange in my country a lot of procedures. especially if I want to change phone number it's complicated

Yes the security measurements are really troubling us. That is the reason I never prefer to buy bitcoin from exchanges. I am always looking to buy bitcoin from my office colleagues and from forum members here. This type of peer to peer exchanges solve many complications in buying bitcoins.

adi33

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Perhaps with such a system that prioritizes the security of the customer. the same as in the exchange in my country a lot of procedures. especially if I want to change phone number it's complicated

michellee

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Quote from: Cryptojunkiez on December 05, 2016, 03:48:08 PM

Quote from: Rahees on December 04, 2016, 06:34:48 PM

I think the reason they ask for ID / Photograph is because there's a risk that someone may chargeback.

Indeed with PayPal its very hard to do it and the fact is that the exchanger is in a difficult position against the ones who buys.

don't buy bitcoin with paypal because the rate is not predictable and its not recommended. actually there is many shop that we can buy bitcoin in out there but the best thing that we can do to buy is buy bitcoin with our friend which want to sell their bitcoin for fiat. i think if we could find again in localbitcoin, there is a suggestion that giving by localbitcoin to us search near seller around us so we can meet directly with the seller and make a deal with the seller.

i've found triv.co.id which can help us to make deposit if we have balance with perfect money, okpay but i don't know how much of the fee.

viziano

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Hard?
Really isn't that hard to be honest..

You literally use Circle to buy BTC via CC for a low rate.
What can be better than this?

Cryptojunkiez

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Quote from: Rahees on December 04, 2016, 06:34:48 PM

I think the reason they ask for ID / Photograph is because there's a risk that someone may chargeback.

Indeed with PayPal its very hard to do it and the fact is that the exchanger is in a difficult position against the ones who buys.

Karartma1

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Quote from: Shiroslullaby on December 04, 2016, 03:03:23 PM

Buying BTC is definitely a pain in the ass.
In my opinion, its one of the last things that is keeping a lot of new users from adopting the system.

Unless you already have coins or an established relationship with a seller, you are forced to jump through a lot of hoops to convert fiat to Bitcoin, and its even worse to convert BTC to fiat....

New users won't come at these prices. It's becoming too expensive to buy and very difficult to find sellers who don't ask super high prices. This is it.
There are very few BTC left and many were lost for one reason or another. I'm only waiting for the big jump, it's only a matter of time.

Xester

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Quote from: stark101 on December 04, 2016, 09:12:59 PM

First things first, it is really hard to buy some bitcoins because i dont have enough bitcoin to do this. Then if i have to, i should work hard to have more enough bitcoin in my wallet.

But in other ways, it is not that difficult to buy bitcoins, just hand someone cash, they send you bitcoin, then done! Also buying bitcoins are easy nowadays, just go to circle, coinbase and localbitcoins.

Nope it is really difficult to buy bitcoins. Unlike fiat currency where you can have access almost anywhere. Im living in a rural area so it is hard to access bitcoin or to buy one that is why I am into signature campaigns to earn satoshis. Bitcoin is like gold it is not available everywhere but only in some selected areas, much more is bitcoin since you cannot even find it on department stores or malls. The problem is accessibility to purchase bitcoins.

stark101

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First things first, it is really hard to buy some bitcoins because i dont have enough bitcoin to do this. Then if i have to, i should work hard to have more enough bitcoin in my wallet.

But in other ways, it is not that difficult to buy bitcoins, just hand someone cash, they send you bitcoin, then done! Also buying bitcoins are easy nowadays, just go to circle, coinbase and localbitcoins.

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Quote from: nara1892 on December 04, 2016, 08:28:28 PM

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

where do you want to buy bitcoin? on vip.bitcoin.co.id? I also wanted to exchange some coins there, but they asked for my identity and photo. actually I am not comfortable with that too. but I think they should have a reason even more for asking those. if you do not want to give your personal information, you can buy bitcoin in some bitcoin users. I know someone who sells bitcoin.

Well, if you do not want to have a hard time in buying bitcoins you have to comply with the basic requirement of such exchange sites. I have an account in our local exchange and I understand that I need to comply as they are also required by the government to impose KYC or they might stop their operation.

nara1892

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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

where do you want to buy bitcoin? on vip.bitcoin.co.id? I also wanted to exchange some coins there, but they asked for my identity and photo. actually I am not comfortable with that too. but I think they should have a reason even more for asking those. if you do not want to give your personal information, you can buy bitcoin in some bitcoin users. I know someone who sells bitcoin.

Rahees

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I think the reason they ask for ID / Photograph is because there's a risk that someone may chargeback.

calkob

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Quote from: Schuyler on November 08, 2016, 09:08:56 PM

From my local exchange, I have not had any difficulty buying bitcoins. But when I was still completing requirements, they asked for my IDs and photo of myself holding an ID. After that, it is all good.

Yeah that is my point, once i have handed over all my details then it is fine, but i just want bitcoin with out having to jump through 20 hoops to get it.

Topic: why is it so hard to buy bitcoin - page 37. (Read 30175 times)