Bitcoin Forum

Hi guys!

Although I've only just registered, I've been reading the forum for months and bought my first bitcoin around October 2012.

So far I've used Bitstamp to buy all my bitcoin and can recommend them: no hassles and a friendly responsive support.  :)

I used Transferwise to move cash from the UK and they were good too, until they turned their back on BTC.  :(

What's been your experience buying bitcoin?

Check out the official bitcoin wiki at bitcoin.it. There should be many listed.

Thanks, that's a large resource!

Where do you buy your own bitcoin?

You can check out our catalog too  ;)

From an exchange or https://localbitcoins.com

I prefer localbitcoins.com or dwolla/camp bx

How secure do you find localbitcoins transactions? Do you stick with the same seller for multiple transactions?

I've used local bitcoins a few times without problems. It's one of the only ways to buy if you're from the UK.

Localbitcoins if your UK

Bought and sold alot here with no hassle at all.

OTC is good as well if you are a bit more tech savvy.

If you don't mind getting verified, an exchange is probably your best bet. Try craigslist if you dare. Maybe post in a mining pool forum and see if any miners need/want to cash out.

Mtgox, just kidding :) btc-e is good.

I've tried localbitcoins.com but no one has gotten back too me. Would anyone recommend buying coins off forums instead? I prefer not to deal with exchanges because I don't see the need to give out some personal information just for some virtual currency  ;D

Idk, maybe it's just harder to this kinda stuff in Amerika

OTC of the form marketplace both work, just use escrow for large transactions.

mtgox, btc-e.com, btcquick etc

if you can find someone in person, who can verify how much they have and send it before you give them cash - do it this way. they'll usually sell it under cost and you can hustle them for a better rate, instead of getting hustled hard by online exchanges.

Where are you located?

If you're dutch, Bitonic.nl is very good.

It matters where your located, but mtgox works for most anywhere in the world.

Thanks for all the suggestions!

I find it interesting so many of you recommend localbitcoins/OTC or making personal contacts through the forums. I'll have to give these routes a try when I next look to trade. Trust is still an issue, especially for larger transactions.


Any suggestions for an easy way to escrow?

I'm also wondering the same thing.  Is there a exchange similar to bitfloor?  I mean as in I can go to the bank and deposit cash that is credited to my account?  I think bitinstant has a $500 limit.

Id try mtgox

I used localbitcoins yesterday with no problems.  Highly recommended. 

There are many great places, try mtgox or btc-e

Bet you regret not buying more bitcoins during 2012...

localbitcoins.com works well for me

Try a place called btcquick

Localbitcoins is the way forward, peer 2 peer at its best, eliminating any of the "3rd parties"... if you are looking to buy, hit me up, I am always selling on this platform  :)