Bitcoin Forum

Hello!

I´m interested in buying/selling bitcoin and other financial websites with bitcoin involved. I started with bitcoin mining but
this is rather slow and is not giving a good return i think. Now i´m searching for better more profitable ways.

My question is now is it still possible today for example to invest in bitcoin and stay anonym the whole process?
And what about other possibilities to earn some money with bitcoin?

Or do anyone today has to identify himself before cashing out any coins in real money?  ???


greetings

BigTiger

you can stay annonymous best by buying bitcoins localy, see localbitcoins.
many exchange sites dosnt require you to identify yourself when cashing out, but dont keep coins on an exchange..for various reasons, better store them into offline wallet.

cheers

Thank u for ur answer ajareselde!

Ok i´m using blockchain info, this is an online wallet, i found it nice, maybe i consider trying out some other desktop wallets i do not know
yet...

But if i want to cash out the bitcoins in real money do i not to have to identify myself in any way? I mean documents like residencial proof, passport?

Depends on exchange. I am mostly using kraken.com and i didn't need to provide any documents. I can withdraw 2000$ each day to my bank account.

localbitcoins is the most affordable, and it provides you with many options. If you do an in-person meet, it's a lot cheaper, I've found though. You can also do it online, however, and it's typically still around the market price, if not lower.

Thank you all

Localbitcoins looks nice and has many ecurrencies to buy bitcoins, very interesting

Kraken.com looks also interesting


greetings,

BigTiger

you mean something like localbitcoins, don't you?

I also found this site interesting http://thehiddenwiki.org/

Although i´m not interested in drugs and crime, they also have a small financial section!

quite interesting collection of sites there.
its amazing how bitcoin spreads and opens possibilities for various likings :]

bookmarked

You can buy bitcoin in a exchange, and then sell it for a altcoin in anther exchange, and buy it back use altcoin in the third exchange.
And you will be anonymous at last.

What country are you in?  Laws are different between countries on what a exchange needs.

localbitcoins.com remains one of the preferred site when it comes to exchange Bitcoins for cash.

You can connect to sellers/buyers on this site and decide to meet in real life to transact BTC. Have him transfer Bitcoins in a local cafe and pay cash.

Now, mining is so hard diff, and low profitable.
you can invest on xbtc if you want, check this: https://forums.counterparty.co/index.php/topic,404.0.html
http://letstalkbitcoin.com/forum/post/xbtc-buy-back-and-bitcoinex

Problem with localbitcoins is that in our small country nobody wants to buy big amounts of bitcoin so it is impossible to sold to anyone except well under market rate..

In this event, I think it's possible to buy it online through the forum through a trusted escrower.

Just dont cloud mine it will take a years to make profit if the sites still up by then :P

All depends from the amount that you want to earn in some time. I can advice you a signature campaign for a little earn, But I also advice you to buy a B.O.T. in way to do trading on market and earn a lot of money (If you're expert, man). So, you have to decide what do you want to do and then choice :)

If you are into risk taking, trading bitcoin against other altcoins can be profitable. Depends on how much you decide to put in and which active pair to trade the return can be quite good. However be forewarned that there's risk involved and it should be much safer to trade in established coins like doge, ripple but avoid all the newly startup coins.

Very interesting thx, i think litecoin is a good alternative to bitcoin as it is described as the silver currency to bitcoins gold.

Anyway i first want to start with bitcoin i think and i´m from austria, but i do not know the law about bitcoin.

https://www.getbitcoin.com.au/bitcoin-news/austria-lays-bitcoin-guidance-kind seems to have the answers to some questions regarding Austrian policy on bitcoins.

Another pretty interesting collection  of onion sites here - https://thehiddenwiki.com
Check it out!