Bitcoin Forum

Most of people that use bitcoin their obvious answer probably is going to be "because it's annonymus and don't need my real informations and my account don't get limited" when you ask them why do you use Bitcoin .
But most of them also use Exchange to trade their bitcoin and most of those exchange websites asks for ID or passport verification and residence and some other real informations , so isn't this a contradiction  ???  ??? don't exchange defeats the purpose of bitcoin

Yes it kinda does, that's why there are people working in p2p exchanges like coinffeine, so we can eliminate the middle men and only exchange with an individual instead of handling your data to an institution.
At the begining you only needed credentials when you deposited fiat, but I think its clear now (looking at what happened with poloniex) that we are approaching an era of control where even if you only deal with cryptocurrencies only, you'll need to show your credentials to deposit and withdraw specially past X amount. I really hope they come up with ways to circumvent this bullshit.

It kind of does, but that is why there are some exchanges and peer exchanges that allow you to anonymously buy bitcoin. You can use something like localbitcoins to buy bitcoin anonymously.

I know but I meant most of them
Even Lending platforms like BTCJam which is Peer to peer , right ? and they ask for shitload of informations then even if you get scammed .. well you get scammed nothing happens after that . I don't see why they request those sensitive informations in they don't do anything with them.

It's because government regulations force them to ask for ID, proof of residence, and bank account details. Most exchanges could get prosecuted if they didn't gather that information. There are some exchanges like btc-e that get round the regulations because nobody knows who runs them or which country they are located in.

not all exchange ask id at all, many are only akisng it, if you deal with a great amount of money, otherwise if you do not exceed their ceiling(usually around $500-$1000) you are free to operate without providing any id of any kind

but your anonymity is still in trouble if you don't work on it with other service or with address ramification and any sort of deception

Coinffeine is a bad example. They only use Okaypay, and no matter which way you skewer Okaypay, you've still already given all your details one way or another. Sure, maybe Okaypay has it instead of Coinffeine, but it all boils down to the same thing really.

Okaypay can be somewhat arcane too. They have weird payment options that most people have never heard of, and one way or another, they are tied to your ID. Sometimes all you want is Paypal>Bitcoin, and that's it. Sure you give your ID but at least it's simple.

Still now in 2015 you can't find a place you can simply open an account with email and a password and buy Bitcoin, yet you can buy gold anywhere.

At least Bittrex is still keeping it real without all the ID/proof of address lark. Shame we can't buy Bitcoin from there though.

Mostly like governments breathing down the exchanges neck to know whos moving the money, we could all play with in the legal limits or the exchanges rules, the point here why do bitcoiners have to exchange bitcoin with in a exchange, why not use it to pay for things.

we are all still in love with fiat and the fiat way of life.

Can you name a few exchanges which don't ask you for your ID and credentials? Because from my experience they all want to know your name, address and other informations -> then you can trade coins.
And if you reach certain level of processed transactions (i.e. you sell bitcoins for more than $1000) then exchange will ask you for full scans of your IDs.

Absolutely. At localbitcoins, you also have to give your bank details to the buyer for payment. So it does not remain anonymous at all. But that is not bitcoin's fault. It is the users fault to use it as an exchange commodity instead of a currency.

Not necessarily. With localbitcoins, I can buy using cash-in-mail. There doesn't need to be a return address either so that is completely anonymous. I can also buy using gift cards and reload cards with cash to exchange for BTC so my name and id is never associated.

I don't think anonymity is the primary factor.

There are two reason that people use Bitcoin, 1.) as a speculative investment, and 2.) to buy things they couldn't otherwise buy.

And what things you can't buy with standard dollars or euros? Are you suggesting that Black Markets are primarily the main force of Bitcoin growth?
Because I found many things I can't buy with bitcoin yet, and almost none exclusive items obtainable only for bitcoin.

If you don't think anonymity is not important you would be glad when you receive official letter from Inland Revenue, just because they got your IDs from bitcoin exchange.

For me there is a third reason, that the banks are the great Satan of our day.  If the average person bothered to find out what the banks are doing there would blood in the streets.  Assuming the average person can understand "complex" things like derivatives and bribery.

Actually I don't care to be anonymous from the government, and I will pay taxes on my bitcoin things.  I would love to dodge taxes but uncle sam has a big dick and he never uses lube.

If I ever have lots of bitcoins (knock on the wood) I will use a mixer, but this is not to hide from governments but to hide from thieves finding my personal information and trying to rob or hack me.  I hope that some day I have this problem :)

For a lot of people anonymity is a very important factor. There are more than two reasons that people use Bitcoin, and your second reason is not valid. I can buy pretty much anything with USD that I could buy with Bitcoin. However, I use Bitcoin because it is more convenient than a credit card. No need to fill out information about my home address and stuff, just copy and paste a single Bitcoin address. I also use Bitcoin because I can buy tons of things at a discount. People are willing to pay a premium to get Bitcoin, and thus I can get myself a nice discount on stuff that I want.

Anonymity isn't the only thing bitcoin has to offer, it's the security and the de-centralized nature is what has more relevance in my personal opinion.
Block chain is the novelty provided by Satoshi, not anonymity. But hey, that's just me

well that it's not an id, for ID i mean your identity card or proof of resistance, if they ask you your name or address you can put fake one, no problem there

the problem is when you need to attach a bank account to your trading account, because at that point you need to put your real name, bu still there is nothing that say that my name is actually that, if i don't provide an ID(card identity like passport driver's licence ecc...)

The issue is when fiat money (or currency in general) becomes involved, there are all sorts of systems and legislation in place, because the governments always want to control money. If it was possible to exchange bitcoin for something else of value, perhaps identification won't be required?

There are many exchanges which do not require personal data. And there are many objects with how to exchange Bitcoins for real money. I use these.
But there are people who do not hide their identity and origin of the money - they do not care.
Everyone decides for himself. Anyone who wants to remain anonymous - that will remain anonymous.

Mind giving some names and some links because all the exchange that I knew so far require either Residence + ID/passport or simply ID/Passport so you can start exchanging .
Only way I use to exchange to avoid those things is on forums like here on the currency exchange section or on other forums with the same section . that's the only solution

For example, you can use Exchange "exmo"
There I change Bitcoin for dollars.
Dollars can be withdraw on PayPal, Perfect Money, webmoney and other wallets. (there is no need documents) I do not know what kind of wallet is suitable for your country.
Then I deduct money on the card and go to the ATM.
I do not trust exchange forum.
So I lose 3.5% commission but it suits me.

Nobody is forcing you to use exchanges as third party, you can exchange with other people one on one.
Later on, you can use coin mixer to mask coin origin. Bitcoin is created to be used without need for third party, hence spend it directly, or exchange directly, bitcoin is not misleading,
People that use exchanges obviously dont value their identity, or have no need to hide it.

cheers

I just checked their website , also saw their thread on their Bitcointalk but dosen't seem very popular around here to be honest .
also aren't they little bit exagirating ? "Trusted by 202,150 people in over 100 countries" , we most likely don't even have that number on total number of Bitcoin users so how for a exchange website  ???


I know , I know i'am not forced to use them , I was just giving my point and yes that's exactly what I'am doing I all the time trade on forums with people and never got scammed because I know how to choose members before the trade .

All of them?  You can just give the exchanges a fake name if you want.  I don't use any that require any type of verification, only if you want to have large transactions every day.

I do not advertise this exchange. But while I'm happy with everything I will use next. Money is paid automatically and I feel so comfortable.
Maybe it's the number of registrations rather than living people. Many have a couple of accounts.

You can, but not for long. Like everything that has wide range of money laundering possibility, it is just a matter of time when such exchanges will be forced to change their way handling users under aliases.
That's why many of them are starting to enforce ID verification.

cheers

Yup it kinda does, is that bitcoin was created for annonimity? why i should uploaded my document it does not make a sense actually i dont like this bulshit i've got a problem with local exchange that i have to proof my identity i dont know that exchange should used a real name and couldn't changed once already you submited and  guess what i cant even to withdraw my btc back to the blockchain,that was so sad :(
Bitcoin is simple so please dont make it complicated

the anonymity part of bitcoin is not that much important "for me". but so far i have bought bitcoin with fiat from a person so i have never provided any document to any exchanger.

and i think there is nothing contradictory about exchangers asking for these kind of documents and the fact that bitcoin is anonymous. because first of all you can avoid using exchangers and since they are working within a country and working with fiat they have to obey the laws about trading and all other rules about taxes etc.

Yes but preferable choice tends to go towards online banking. People rely on banks, they trust banking system more than any other mode of payments. Maybe not all of the people, but most of them do.