why is it so hard to buy bitcoin - page 39.

pealr12

hero member

Activity: 1946

Merit: 502

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

Its not a problem ,its so easy to do the task they want you to do,after that youre good to go. And you can buy your bitcoin in an instant way. Just do the things that they want.

X-ray

hero member

Activity: 2996

Merit: 524

Leading Crypto Sports Betting & Casino Platform

Quote from: Sanekavg13 on November 23, 2016, 03:51:13 AM

I think it is a violation of rights. This could jeopardize the anonymity of using Bitcoin. In my country, some exchangers also require documents.

That's how they prevent fraud transaction. If you talking about anonymity bitcoin is just pseudo-anonymous,and because of that your transaction can be easilty tracked. so, what's wrong with requiring identity verification rather than losing much of money beacuse got many fraud transaction from fraudsers?

robelneo

legendary

Activity: 3346

Merit: 1214

Payment Gateway Allows Recurring Payments

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

I'm lucky buying bitcoin is not an issue here in our country,you can deposit local currency to one convenience store and fund your bitcoin online wallet,why not try Yobit,you can deposit dollar to buy bitcoin using perfectmoney,payeer and okpay I have done it once on perfectmoney and the transactions went smooth..

simpler2016

sr. member

Activity: 293

Merit: 250

in my country, you can easily buy Bitcoin. But through official government services do not work. This can be done through private entities. Therefore, these operations are very risky

n691309

legendary

Activity: 1526

Merit: 1001

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

Unfortunately buying bitcoin in some countries is hard and this because some websites don't support some countries and don't allow these people to reach a verify target on their website by verifying themself through ID,bills etc so people are forced to pay huge fee on other services which of course damage the bitcoin.

rickadone

legendary

Activity: 1176

Merit: 1024

Quote from: lol3c on November 22, 2016, 12:49:54 PM

Quote from: (altair) on November 21, 2016, 11:49:05 PM

I think it is because many people don't know about it. So it is not yet well known in our world. As well as converting it to fiat is difficult because of that. Let's hope in the future many people will know about it so it would be easier buying bitcoin and converting bitcoin to fiat.

You are totally wrong. There have been many people known about the Bitcoin already. We are living in the modern and technological world in where people quickly adapt and understand new developments and technologies. In my area, although Bitcoin is not used very popular, most of the people know about it and you can easily buy bitcoin wherever you are. In my opinion, the reason why he can not buy Bitcoin is that people in his local area do not want to sell Bitcoin. That's all

May be a little difficult in start but for those people who have some knowledge about bitcoin is too easy for them to buy or sell bitcoin, I think it is big issue that can create problems while buying bitcoin, I think it is more convenient for those people who are interests in online business and shopping.

philggg

sr. member

Activity: 343

Merit: 250

A lot of website selling bitcoin are using different method to identity there customers because of credit card fraud,although there are some few site that didn't need much identify before you will buy bitvoin online, for example virvow

d@nte

hero member

Activity: 490

Merit: 500

In my opinion it's not that difficult. You will realize that it's easier to buy it than to buy most of the assets on the market, which requires a lot of documents and bureaucracy.
Something that may become difficult, is to find alternatives to buy with credit or debit card, but in my opinion it's not worth due to the high fees.

mogrith

legendary

Activity: 1470

Merit: 1001

Use Coinbase Account almosanywhere with Shift card

Quote from: Scott J on November 08, 2016, 02:21:39 PM

Quote from: U2 on November 08, 2016, 01:37:50 PM

Quote from: The Sceptical Chymist on November 08, 2016, 01:09:52 PM

Quote from: U2 on November 08, 2016, 12:55:21 PM

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!

That's an extremely limited niche, though. It's like selling stuff for bitcoin--your market is very small. It's better to earn fiat and buy bitcoin. And fiat is more stable. Would you really want your paycheck in bitcoin?

Well it's a way for the OP to avoid his problem that's for sure. Would I like part of my paycheck in bitcoins!? Absolutely yes! Maybe a small percentage like how it's suggested you save 10% of your income for retirement.

I also would love to be able to choose what % of my salary gets paid in Bitcoin.

I would stick it in cold storage and forget all about it.

If you can get paid by direct deposit you can get pain in BTC. Signup at https://www.bitwage.com/ and you will dget info to give to your HR just like you would to send your paycheck to your checking account.

Depends on your HR but you should be able to send 10% to bitwage account and the rest to your checking account.

cpfreeplz

legendary

Activity: 966

Merit: 1042

Quote from: CoralPay on November 23, 2016, 09:20:29 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

They have been ripped of many times and now trying to protect themselves. A solution is needed to make Bitcoin more accessible, it will arrive soon.

And what exactly does that mean? What would your solution to the problem be?

If someone on a deserted Island (with Internet somehow) started selling bitcoins without having to follow any laws then we're good to go! The problem is, countries that see someone going to that website will act on that very quickly assuming you're laundering money. Then you'll really be screwed.

Sponsoredby15

sr. member

Activity: 644

Merit: 250

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's hard for now because the price of bitcoin is really expensive and in trading there is a really profit if you are trying to buy today from localbitcoins there are still fee's and try to buy in bitcoinwallet or in coinbase or in exchange website but for me it's better to buy bitcoin now and then make profit.

CoralPay

newbie

Activity: 42

Merit: 0

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

They have been ripped of many times and now trying to protect themselves. A solution is needed to make Bitcoin more accessible, it will arrive soon.

Sanekavg13

sr. member

Activity: 285

Merit: 250

Quote from: StarofBTC on November 23, 2016, 03:07:37 AM

Quote from: freedomgo on November 22, 2016, 10:36:36 PM

Quote from: simplelisten on November 22, 2016, 01:55:39 PM

Quote from: xIIImaL on November 22, 2016, 12:19:31 PM

Quote from: danherbias07 on November 22, 2016, 11:39:55 AM

It is hard if it is p2p for many dont trust that system anymore. You would better go to a wallet site then just buy there either on credit card or whatever mode of payment they are offering.

Who said bitcoin purchasing is so hard. You could easily buy the bitcoin through localbitcoins, kraken and yobit. These sites provide some good and trusted traders to purchase bitcoins. Kindly check the person's trust and feedback before you buy

Like you said you can easily buy bitcoin in some reputed sites like bittrex, kraken and coinbase, I prefer coinbase if you want to buy bitcoin using a credit card but it's not worldwide so pray that your country is accepting in coinbase.

Why some countries still having a problem with buying bitcoins? In our country it's too easy and take note of this, I like in 3rd world country but we have a local exchange there.

Even I'm having a local exchanger in my country, it is still too hard to buy bitcoins with their verification process.

They are asking too many documents like only if I am having passport or driving license I will be able to buy bitcoins with them. I'm having my national ID card and other government issued documents too. But still I'm not eligible to buy Bitcoins with them.

I think it is a violation of rights. This could jeopardize the anonymity of using Bitcoin. In my country, some exchangers also require documents.

StarofBTC

hero member

Activity: 1148

Merit: 528

Quote from: freedomgo on November 22, 2016, 10:36:36 PM

Quote from: simplelisten on November 22, 2016, 01:55:39 PM

Quote from: xIIImaL on November 22, 2016, 12:19:31 PM

Quote from: danherbias07 on November 22, 2016, 11:39:55 AM

It is hard if it is p2p for many dont trust that system anymore. You would better go to a wallet site then just buy there either on credit card or whatever mode of payment they are offering.

Who said bitcoin purchasing is so hard. You could easily buy the bitcoin through localbitcoins, kraken and yobit. These sites provide some good and trusted traders to purchase bitcoins. Kindly check the person's trust and feedback before you buy

Like you said you can easily buy bitcoin in some reputed sites like bittrex, kraken and coinbase, I prefer coinbase if you want to buy bitcoin using a credit card but it's not worldwide so pray that your country is accepting in coinbase.

Why some countries still having a problem with buying bitcoins? In our country it's too easy and take note of this, I like in 3rd world country but we have a local exchange there.

Even I'm having a local exchanger in my country, it is still too hard to buy bitcoins with their verification process.

They are asking too many documents like only if I am having passport or driving license I will be able to buy bitcoins with them. I'm having my national ID card and other government issued documents too. But still I'm not eligible to buy Bitcoins with them.

freedomgo

legendary

Activity: 3150

Merit: 1148

Fully Regulated Crypto Casino

Quote from: simplelisten on November 22, 2016, 01:55:39 PM

Quote from: xIIImaL on November 22, 2016, 12:19:31 PM

Quote from: danherbias07 on November 22, 2016, 11:39:55 AM

It is hard if it is p2p for many dont trust that system anymore. You would better go to a wallet site then just buy there either on credit card or whatever mode of payment they are offering.

Who said bitcoin purchasing is so hard. You could easily buy the bitcoin through localbitcoins, kraken and yobit. These sites provide some good and trusted traders to purchase bitcoins. Kindly check the person's trust and feedback before you buy

Like you said you can easily buy bitcoin in some reputed sites like bittrex, kraken and coinbase, I prefer coinbase if you want to buy bitcoin using a credit card but it's not worldwide so pray that your country is accepting in coinbase.

Why some countries still having a problem with buying bitcoins? In our country it's too easy and take note of this, I like in 3rd world country but we have a local exchange there.

simplelisten

sr. member

Activity: 310

Merit: 251

Quote from: xIIImaL on November 22, 2016, 12:19:31 PM

Quote from: danherbias07 on November 22, 2016, 11:39:55 AM

It is hard if it is p2p for many dont trust that system anymore. You would better go to a wallet site then just buy there either on credit card or whatever mode of payment they are offering.

Who said bitcoin purchasing is so hard. You could easily buy the bitcoin through localbitcoins, kraken and yobit. These sites provide some good and trusted traders to purchase bitcoins. Kindly check the person's trust and feedback before you buy

Like you said you can easily buy bitcoin in some reputed sites like bittrex, kraken and coinbase, I prefer coinbase if you want to buy bitcoin using a credit card but it's not worldwide so pray that your country is accepting in coinbase.

clickerz

hero member

Activity: 1414

Merit: 505

Backed.Finance

Quote from: xIIImaL on November 22, 2016, 12:19:31 PM

Quote from: danherbias07 on November 22, 2016, 11:39:55 AM

It is hard if it is p2p for many dont trust that system anymore. You would better go to a wallet site then just buy there either on credit card or whatever mode of payment they are offering.

Who said bitcoin purchasing is so hard. You could easily buy the bitcoin through localbitcoins, kraken and yobit. These sites provide some good and trusted traders to purchase bitcoins. Kindly check the person's trust and feedback before you buy

It is easy indeed to buy bitcoin from exchanges. Just open an account on the said exchanges, fund your account and trade or buy bitcoin with it. But as of now, bitcoin price is up, but still its ok when you are planning for a long term investment.

lol3c

hero member

Activity: 518

Merit: 500

Quote from: (altair) on November 21, 2016, 11:49:05 PM

I think it is because many people don't know about it. So it is not yet well known in our world. As well as converting it to fiat is difficult because of that. Let's hope in the future many people will know about it so it would be easier buying bitcoin and converting bitcoin to fiat.

You are totally wrong. There have been many people known about the Bitcoin already. We are living in the modern and technological world in where people quickly adapt and understand new developments and technologies. In my area, although Bitcoin is not used very popular, most of the people know about it and you can easily buy bitcoin wherever you are. In my opinion, the reason why he can not buy Bitcoin is that people in his local area do not want to sell Bitcoin. That's all

richardsNY

legendary

Activity: 1232

Merit: 1091

Quote from: nikrobi on November 22, 2016, 12:08:11 PM

No, it's not hard. You just need to find an exchange on your local country and make the transaction. Send them your local currency and they will give you btcs, it's already common in many countries. Check on google if there is any exchange reputable in your country or ask to your fellows on your local board on forum and start buying btcs.

You clearly haven't read what OP was saying as you solely pointed your focus on the title. It has to do with the verification process that people experience as being a total hassle, which also impacts their privacy in a bad way. They have to send all details with high res scans of ID cards and all that. Otherwise it will be a difficult task to buy Bitcoin from a legit exchange or buying service. It's the government that forces exchanges to ask for all this.

crairezx20

legendary

Activity: 1638

Merit: 1046

Quote from: xIIImaL on November 22, 2016, 12:19:31 PM

Quote from: danherbias07 on November 22, 2016, 11:39:55 AM

It is hard if it is p2p for many dont trust that system anymore. You would better go to a wallet site then just buy there either on credit card or whatever mode of payment they are offering.

Who said bitcoin purchasing is so hard. You could easily buy the bitcoin through localbitcoins, kraken and yobit. These sites provide some good and trusted traders to purchase bitcoins. Kindly check the person's trust and feedback before you buy

Maybe in some countries they are hardly buy bitcoin if they have no local exchange. buying with credit cards for me is hassle and it takes few days before it will be credited according to other people.
But here in my country we do not need to buy bitcoins via credit card we can buy bitcoins here just use our local wallet and ask for how much do i need to deposit and i will receive a code then i will go to the store 7/11 and give the code and money thats sooner my deposited will be credited in my wallet..
This is easy that using credit cards in my opinion or even buying in localbitcoin..

Topic: why is it so hard to buy bitcoin - page 39. (Read 30175 times)