Bitcoin Forum

Other => Beginners & Help => Topic started by: megastacks on November 27, 2013, 10:25:27 PM



Title: Best place to buy coins from US
Post by: megastacks on November 27, 2013, 10:25:27 PM
Where do people here get their coins from?  I set up a coinbase account and am waiting for my bank acct to be verified.  Seems like one of the best ways.  Coin to cash sounds good but looks a little amateur on the how to section of the webpage.  Local bitcoins looks interesting.  What is the most cost effective way to buy bitcoins?  I am looking to buy whole coins.


Title: Re: Best place to buy coins from US
Post by: Zuaro on November 27, 2013, 10:39:59 PM
Many people buy from BTC-e or from other people. I suggest you take a loot at the options BTC-e has to offer or search on a marketplace where they sell BTC. You might be able to get a good deal but it is hard to find people that you can trust.


Title: Re: Best place to buy coins from US
Post by: caspar.holzinger on November 27, 2013, 10:51:49 PM
Probably the most comprehensive list of ways how to get bitcoins (exchanges, foundries, etc.) is here:

https://en.bitcoin.it/wiki/FAQ#How_can_I_get_bitcoins.3F

Any usually you will just buy them at an exchange:

https://en.bitcoin.it/wiki/Buying_bitcoins

I used MtGox so far and had no problems with it, except that the price there is usually higher than at other exchanges. For the exchanges, you usually have to register with some way of identification. This takes some time, days to 2 weeks.


Title: Re: Best place to buy coins from US
Post by: trevorh on November 27, 2013, 10:54:01 PM
Coinbase is the best place to do it online without paying big fees or going through a lot of hassle (other than verification).


Title: Re: Best place to buy coins from US
Post by: rable on November 27, 2013, 11:00:57 PM
I hear IRL exchanges are the way to go.


Title: Re: Best place to buy coins from US
Post by: BurtW on November 27, 2013, 11:01:44 PM
I hear IRL exchanges are the way to go.
https://localbitcoins.com


Title: Re: Best place to buy coins from US
Post by: WayTooGosu on November 27, 2013, 11:05:33 PM
BTC-e sells them at a pretty cheap price, but some people have issues with their money getting stuck, so it's up to you if you want to take that risk I guess.


Title: Re: Best place to buy coins from US
Post by: dimitris43 on November 27, 2013, 11:05:54 PM
What about Europe?


Title: Re: Best place to buy coins from US
Post by: monbux on November 27, 2013, 11:16:24 PM
NO NO NO.
You are getting it all wrong.  Do NOT buy from coinbase, PLEASE.  They are turning into a dictatorship.
If you buy coins at a low price, and the price jumps up, coinbase will rape your money with an excuse of "high risk transaction".  If you don't believe me, look at the dozens of other members' complaints.

I'd suggest localbitcoins, and this forum.


Title: Re: Best place to buy coins from US
Post by: dominicwin on November 27, 2013, 11:28:13 PM
Right now your best bet is to buy bitcoins from the community, thats how I am doing. Coinbase seemed like the best source, but they are unstable and canceling buy orders on a whim and waste precious time.


Title: Re: Best place to buy coins from US
Post by: megastacks on November 28, 2013, 05:05:01 AM
NO NO NO.
You are getting it all wrong.  Do NOT buy from coinbase, PLEASE.  They are turning into a dictatorship.
If you buy coins at a low price, and the price jumps up, coinbase will rape your money with an excuse of "high risk transaction".  If you don't believe me, look at the dozens of other members' complaints.

I'd suggest localbitcoins, and this


Localbitcoins seems pretty good but the prices are high.

What is the process for buying bitcoins on here?  I am looking to purchase two bitcoins.

What are some ways that the system for buying and selling bitcoins could be made easier and more safe from being ripped off?  Seems like improving this area could you really get a lot more people willing to try bitcoin.  I am new to this so I don't know the answer but I think about it a lot.


Title: Re: Best place to buy coins from US
Post by: trevorh on November 30, 2013, 05:30:22 AM
NO NO NO.
You are getting it all wrong.  Do NOT buy from coinbase, PLEASE.  They are turning into a dictatorship.
If you buy coins at a low price, and the price jumps up, coinbase will rape your money with an excuse of "high risk transaction".  If you don't believe me, look at the dozens of other members' complaints.

I'd suggest localbitcoins, and this forum.

I've seen complaints, but I've never had any trouble. Not even when I bought during the $60 dip a few months ago. And it sure beats the heck out of going somewhere to meet strangers.


Title: Re: Best place to buy coins from US
Post by: CryptoJunky on November 30, 2013, 07:40:24 AM
Where do people here get their coins from?  I set up a coinbase account and am waiting for my bank acct to be verified.  Seems like one of the best ways.  Coin to cash sounds good but looks a little amateur on the how to section of the webpage.  Local bitcoins looks interesting.  What is the most cost effective way to buy bitcoins?  I am looking to buy whole coins.

Personally I like using Coinbase as it is simple. If you're looking for the best possible price purchasing directly from an exchange is probably your best bet.

I put together a post not that long ago that covers purchasing Bitcoin.

http://cryptojunky.com/blog/2013/11/01/where-and-how-to-purchase-bitcoin/