why is it so hard to buy bitcoin - page 43.

X-ray

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Quote from: Betwrong on November 10, 2016, 06:11:30 AM

Quote from: calkob on November 08, 2016, 10:41:45 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

Buy Bitcoins in other places if you don't like what's going on on those particular ones. You said you've been trading this year, so why can't you buy Bitcoins where you were trading? Also I think you can find here on this forum people from a place near you or who are using same currency at least and buy BTC from them.

trading is not always trading altcoin,you can also trading any currencies such as japanese yuan,US dollar,and any currencies,i guess when you're asking such question as "so why can't you buy Bitcoins where you were trading?" you're only considering altcoin coin trading while there's so many option you can choose for trading

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Quote from: calkob on November 08, 2016, 10:41:45 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

Buy Bitcoins in other places if you don't like what's going on on those particular ones. You said you've been trading this year, so why can't you buy Bitcoins where you were trading? Also I think you can find here on this forum people from a place near you or who are using same currency at least and buy BTC from them.

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Quote from: Pitchblackroom on November 09, 2016, 11:07:00 PM

There are a lot of ways to buy Bitcoin, but for somebody who does not own a bank account or have debit cards, it becomes a lot harder to actually buy Bitcoin. I remember when there were Bitcoin ATMs but they are shut down due to loss of money.

These are the things that really blocks a certain individual to purchase bitcoin because not all have the capability of having a bank account or debit cards as you mentioned also. Thats why some people would really force to do peer to peer transactions even though they know the risk of it. Some people really dont need to use or purchase bitcoins because they already know how to earn without buying any bitcoin.

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Quote from: TastyChillySauce00 on November 09, 2016, 05:28:13 AM

well if some sellers do request you to do that strange thing i call it as usual thing they need to do to make sure they're not going to be scammed by the buyers,nowaday there's so many credit card data stolen and some carders trying to take advantage of some bitcoin seller to get bitcoin by using their stolen credit card data,it's a challange indeed but if you do have the card then why don't just do that only if you don't mind

Even with bank money transfer somehow they have manage to card funds and hence they are reversible, not just reversible but getting such amounts also mean that your bank account will get frozen without any statement from bank (at least in India) so even if I was the seller I might have asked such proofs.

Carlsen

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When you look at this out of the perspective from the seller, he wants to ensure a few things.
First of all he wants really to get his money. Of cours you always have to pay first, but sometimes later trouble comes up. For that case the seller wants your details.
Then the seller does not know what you are planing to do with the coins. In case they are used for something illegal and traced back to the seller, he can at least tell who he sold them to.

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Quote from: pooya87 on November 10, 2016, 01:29:51 AM

the problem is that apparently you have never bought anything else with money online so you feel strange when they are asking you for your documents. it is all about the "fiat" part of it and the regulations fiat brings with itself, it is always restrictive both to the users and the merchants.
it has nothing to do with bitcoin itself and actually bitcoin was created because of these kinds of restrictions (trust)

i think he want full anonymous in buying bitcoin with fiat.

and everybody know when it is involve fiat money you will always asked for documents , just go for it . because once you get in bitcoin world you will never asked same thing later. this is why bitcoin so sexy.

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I never agree that buying bitcoin is too hard. I am just talking with respect to the regulations/conditions are right now I'm having in my country. Even for any country people buying bitcoin with their own available methods is still possible at least with our forum members.

We need to understand that we can buy bitcoin with our energy and efforts. Buying bitcoins does not need other format of money all the times.

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Quote from: calkob on November 08, 2016, 10:41:45 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

That's pretty crazy mate, It only means that they are following some rules. I doubt it is the local rules because in one of the online wallet i am using converting bitcoin into fiat is really not that easy also as it seems unlike before. Same situation as you do in which i do have to verify my identity+ a selfie before i can convert into FIAT.

error08

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It may a little bit hard to buy bitcoin at those exchangers, I never really plan to buy bitcoin in foreign exchanger.
It will easier to buy bitcoin in local exchangers in my country or simply buy with my friends. Fast and easy transaction of bitcoin.

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the problem is that apparently you have never bought anything else with money online so you feel strange when they are asking you for your documents. it is all about the "fiat" part of it and the regulations fiat brings with itself, it is always restrictive both to the users and the merchants.
it has nothing to do with bitcoin itself and actually bitcoin was created because of these kinds of restrictions (trust)

madwica

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Here in my country it is not hard to buy bitcoin we can deposit money and after we do exchange money to bitcoin our banks accept deposit go to our local bitcoin wallet. I think that was depending on the area.

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Quote from: apriloni on November 09, 2016, 09:17:33 PM

i have never face to these problem when i bought bitcoin and i do not think that they ask about any photo i mostly buy bitcoin from localbitcoin exchange with easily but they never ask about my photo.

It should be, as it is available in exchanges anytime. The only problem is at how many price you are willing topay as it is quite expensive right now.The price is main rason sometimes why there is hesitation to buy. Hoping to find some bargain.

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There are a lot of ways to buy Bitcoin, but for somebody who does not own a bank account or have debit cards, it becomes a lot harder to actually buy Bitcoin. I remember when there were Bitcoin ATMs but they are shut down due to loss of money.

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Quote from: calkob on November 08, 2016, 10:41:45 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

Not hard to buy bitcoin, you can purchase at local bitcoin exchange but if you want to exchange digital money to bitcoin yes that's the step they are offering for start the trade.

apriloni

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i have never face to these problem when i bought bitcoin and i do not think that they ask about any photo i mostly buy bitcoin from localbitcoin exchange with easily i never faced to scam problem and i do not feel secure in other exchange so i prefer that local bitcoins is much more better than other exchange.

xdrpx

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I feel the almost the same issue purchasing Bitcoins from where I live. Localbitcoins doesn't ask me for ID proofs but the rate of purchasing Bitcoins is almost another 40-50$ more than the normal bitcoin price rates. I would suggest you to have a look at paxful, they allow you to purchase Bitcoins with amazon gift cards or vanilla gift cards without ID. You could also try out kraken exchange which doesn't require ID proofs for smaller purchases. If you're lucky to have a Bitcoin ATM in your city you can buy it from there as well if it doesn't ask you to scan an ID proof.

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buying bitcoin is always a hard for those why like to get them in a good price or at a more security thing i have never ever bought any bitcoin but have sold a lot of them but i know if i need to buy one then where will i get it..and to get deals faster try to losse some cents and let the seller take 1% profit take it as your transaction fees

Mr.grin

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so many places to buy a bitcoin, because if you feel somewhere it is very complicated to buy bitcoin, then look for another place to buy bitcoin. if there was a slight problem, try to be patient, perhaps very many transactions need to be resolved, and all it takes the process

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Quote from: kanazawa on November 09, 2016, 08:26:54 AM

Most bitcoin sellers in Localbitcoins only ask for additional documents if is your first time buying, if you use alternative payments system (like PP, Moneygram, WU, etc), if your bank account has different a name of the localbitcoins account. But normally if everthing is OK, it's not necessary -- it's bad indeed -- to ask for documents if everything fits well.

there are people that can steal id in the web i would never give my id to a strange on the internet, also because of this someone can actually deliver false document, with a stolen bank account, so there is no actually safe way to tell if you are dealing with a scammer

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Quote from: calkob on November 08, 2016, 10:41:45 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 not sure about bittylicious, but with localbitcoins.com depending upon the seller sometimes you might be requested to reveal your identity. While joining to get increased trust rate into your profile you were asked about several forms. This is for your goodness and the trading website doesn't gonna get benefited.

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