Bitcoin Forum

Economy => Trading Discussion => Topic started by: chronicsky on January 18, 2015, 11:23:14 AM



Title: Where to buy btc at market price
Post by: chronicsky on January 18, 2015, 11:23:14 AM
I have been buying  from localbitcoins.com but the price of the seller's are always higher than market , sometimes they are unbelievably high.
Where shall i buy ?? ???
what if there is a dip just like last week and i want to buy a load but then again it's no use to me , i will still get it at high
i can buy with cash or bank deposit (TD,BMO) ,e-transfer , all in canada but the prices are just damn high.
i think coinbase.com provides the btc at current price , am not sure please tell me , but it doesn't have it for India as of yet , but maybe for Canada i think.
what about those ATM's in vancouver , Canada , never visited one . do they give the current price or something different.

Any answers on these would be helpful
Please let me know if i posted in wrong section.


Title: Re: Where to buy btc at market price
Post by: caga on January 18, 2015, 12:11:00 PM
I have been buying  from localbitcoins.com but the price of the seller's are always higher than market , sometimes they are unbelievably high.
Where shall i buy ?? ???
what if there is a dip just like last week and i want to buy a load but then again it's no use to me , i will still get it at high
i can buy with cash or bank deposit (TD,BMO) ,e-transfer , all in canada or in India but the prices are just damn high.
i think coinbase.com provides the btc at current price , am not sure please tell me , but it doesn't have it for India as of yet , but maybe for Canada i think.
what about those ATM's in vancouver , Canada , never visited one . do they give the current price or something different.

Any answers on these would be helpful
Please let me know if i posted in wrong section.

You should register for an account at sites like bitstamp or bitfinex. It will allow you to buy and sell at the market price.


Title: Re: Where to buy btc at market price
Post by: chronicsky on January 18, 2015, 12:33:36 PM
I have been buying  from localbitcoins.com but the price of the seller's are always higher than market , sometimes they are unbelievably high.
Where shall i buy ?? ???
what if there is a dip just like last week and i want to buy a load but then again it's no use to me , i will still get it at high
i can buy with cash or bank deposit (TD,BMO) ,e-transfer , all in canada  but the prices are just damn high.
i think coinbase.com provides the btc at current price , am not sure please tell me , but it doesn't have it for India as of yet , but maybe for Canada i think.
what about those ATM's in vancouver , Canada , never visited one . do they give the current price or something different.

Any answers on these would be helpful
Please let me know if i posted in wrong section.

You should register for an account at sites like bitstamp or bitfinex. It will allow you to buy and sell at the market price.

thanks for the reply
But how do i deposit funds there?
they ask like moneypolo , OKPAY and so and charge 5.5% to 1% fee


Title: Re: Where to buy btc at market price
Post by: CanadaBits on January 18, 2015, 09:53:11 PM
Yes unfortunately coinbase isn't available in Canada as of yet. Plus atms have big fees. Use a reputable exchange but there is minimums on purhases. Also if your reputation is good on LBC post a buying thread at market price lots of ppl sell coins to others on LBC.


Title: Re: Where to buy btc at market price
Post by: GrandmaJean on January 18, 2015, 09:54:51 PM
You can buy as a liquidity provider. This would involve you offering to buy bitcoin at below the market rate when a seller is wanting to sell their bitcoin. You generally cannot buy them as quickly however you would get a better price.


Title: Re: Where to buy btc at market price
Post by: GrandmaJean on January 18, 2015, 09:56:17 PM
It also looks like this guy (https://bitcointalk.org/index.php?topic=928814.0) is selling ~2.6 BTC at the market price via MoneyGramb (just be sure to use escrow)


Title: Re: Where to buy btc at market price
Post by: Nrcewker on January 19, 2015, 02:03:59 AM
what is your mean market price??


Title: Re: Where to buy btc at market price
Post by: bounst on January 19, 2015, 05:01:22 AM
the price in any exchanges just is the market price. here is the exchange reviews (https://bitcointalk.org/index.php?topic=695082.0).
would you not buy bitcoins on bitcoin exchange??


Title: Re: Where to buy btc at market price
Post by: Crypto9er on January 19, 2015, 06:14:44 AM
If you are located in Canada, you can use QuadrigaCX (https://www.quadrigacx.com), they offer Interac deposits.



Title: Re: Where to buy btc at market price
Post by: chronicsky on January 19, 2015, 06:50:47 AM
Yes unfortunately coinbase isn't available in Canada as of yet. Plus atms have big fees. Use a reputable exchange but there is minimums on purhases. Also if your reputation is good on LBC post a buying thread at market price lots of ppl sell coins to others on LBC.

oh! i thought coinbase was in canada
You can buy as a liquidity provider. This would involve you offering to buy bitcoin at below the market rate when a seller is wanting to sell their bitcoin. You generally cannot buy them as quickly however you would get a better price.

hmmm.... that sounds good, but that means i can't buy when i want to , but it's a good way to get btc at low price , i will try it thanks :)
i already bought some btc for now at 270 cad/btc since i needed it urgently , i will see if the guy is still selling next time i need it! thanks for the link
the price in any exchanges just is the market price. here is the exchange reviews (https://bitcointalk.org/index.php?topic=695082.0).
would you not buy bitcoins on bitcoin exchange??

wow that's some good info there! thanks man


Title: Re: Where to buy btc at market price
Post by: chronicsky on January 19, 2015, 06:51:54 AM
If you are located in Canada, you can use QuadrigaCX (https://www.quadrigacx.com), they offer Interac deposits.



site ain't loading man  :-\


Title: Re: Where to buy btc at market price
Post by: chronicsky on January 19, 2015, 06:53:08 AM
what is your mean market price??

By market price i mean , the current price of bitcoins which i know is volatile and keeps changing even as we talk
but as you might know , not anyone on LBC sells at the current price but at little higher


Title: Re: Where to buy btc at market price
Post by: sgk on January 19, 2015, 06:55:18 AM
I have been buying  from localbitcoins.com but the price of the seller's are always higher than market , sometimes they are unbelievably high.
Where shall i buy ?? ???
what if there is a dip just like last week and i want to buy a load but then again it's no use to me , i will still get it at high
i can buy with cash or bank deposit (TD,BMO) ,e-transfer , all in canada but the prices are just damn high.
i think coinbase.com provides the btc at current price , am not sure please tell me , but it doesn't have it for India as of yet , but maybe for Canada i think.
what about those ATM's in vancouver , Canada , never visited one . do they give the current price or something different.

Any answers on these would be helpful
Please let me know if i posted in wrong section.

You're talking about India as well as Canada. Where are you based?

In India, you can use Unocoin.com to wire transfer your money and buy Bitcoins at market price.
For Canada I think Coinbase should work.


Title: Re: Where to buy btc at market price
Post by: chronicsky on January 19, 2015, 07:16:53 AM
I have been buying  from localbitcoins.com but the price of the seller's are always higher than market , sometimes they are unbelievably high.
Where shall i buy ?? ???
what if there is a dip just like last week and i want to buy a load but then again it's no use to me , i will still get it at high
i can buy with cash or bank deposit (TD,BMO) ,e-transfer , all in canada but the prices are just damn high.
i think coinbase.com provides the btc at current price , am not sure please tell me , but it doesn't have it for India as of yet , but maybe for Canada i think.
what about those ATM's in vancouver , Canada , never visited one . do they give the current price or something different.

Any answers on these would be helpful
Please let me know if i posted in wrong section.

You're talking about India as well as Canada. Where are you based?

In India, you can use Unocoin.com to wire transfer your money and buy Bitcoins at market price.
For Canada I think Coinbase should work.


I'm originally based in India , but i got a friend in canada , i could buy from India or Canada , either place i want to
i prefer buying from Canada because of the exchange price difference in INR and CAD
i don't think Coinbase works in Canada as stated by "CanadaBits"
though thanks for letting me know about Unocoin.com
never heard of it
thanks :)


Title: Re: Where to buy btc at market price
Post by: sgk on January 19, 2015, 07:27:47 AM
I have been buying  from localbitcoins.com but the price of the seller's are always higher than market , sometimes they are unbelievably high.
Where shall i buy ?? ???
what if there is a dip just like last week and i want to buy a load but then again it's no use to me , i will still get it at high
i can buy with cash or bank deposit (TD,BMO) ,e-transfer , all in canada but the prices are just damn high.
i think coinbase.com provides the btc at current price , am not sure please tell me , but it doesn't have it for India as of yet , but maybe for Canada i think.
what about those ATM's in vancouver , Canada , never visited one . do they give the current price or something different.

Any answers on these would be helpful
Please let me know if i posted in wrong section.

You're talking about India as well as Canada. Where are you based?

In India, you can use Unocoin.com to wire transfer your money and buy Bitcoins at market price.
For Canada I think Coinbase should work.


I'm originally based in India , but i got a friend in canada , i could buy from India or Canada , either place i want to
i prefer buying from Canada because of the exchange price difference in INR and CAD
i don't think Coinbase works in Canada as stated by "CanadaBits"
though thanks for letting me know about Unocoin.com
never heard of it
thanks :)

I have used Unocoin a few times and the experience is good. You have to go through the verification process though, if you want to buy some decent quantity.

You can basically do a NEFT/RTGS/IMPS transfer from any Indian bank to deposit INR to your account and place order for Bitcoin at current prices. The Bitcoins are deposited into your account the same working day in most cases.


Title: Re: Where to buy btc at market price
Post by: chronicsky on January 19, 2015, 07:35:41 AM
okay thanks for the info :)


Title: Re: Where to buy btc at market price
Post by: sgk on January 19, 2015, 07:42:09 AM
okay thanks for the info :)

You're welcome.

Also, there is one more exchange igot.com which also operates in India.
STAY AWAY FROM IT.

There are many people who have used iGot and have had negative experience:
https://bitcointalk.org/index.php?topic=395675.0


Title: Re: Where to buy btc at market price
Post by: chronicsky on January 20, 2015, 04:51:12 AM
Anyways does someone know about the Bitcoin ATM's
what price do they give?


Title: Re: Where to buy btc at market price
Post by: metrin on January 20, 2015, 04:54:34 AM
at circle.com you can buy with credit/debit card ,or if you can do wire transfer then you can try btc-e.com also, there you can always buy at market price or few bucks lower then market price


Title: Re: Where to buy btc at market price
Post by: legendster on January 20, 2015, 05:02:45 AM
I have been buying  from localbitcoins.com but the price of the seller's are always higher than market , sometimes they are unbelievably high.
Where shall i buy ?? ???
what if there is a dip just like last week and i want to buy a load but then again it's no use to me , i will still get it at high
i can buy with cash or bank deposit (TD,BMO) ,e-transfer , all in canada but the prices are just damn high.
i think coinbase.com provides the btc at current price , am not sure please tell me , but it doesn't have it for India as of yet , but maybe for Canada i think.
what about those ATM's in vancouver , Canada , never visited one . do they give the current price or something different.

Any answers on these would be helpful
Please let me know if i posted in wrong section.

Suggestion :

Bitcoin is not a commodity that you will find a market price for it, it is a currency so the right term would be exchange rate. Dont buy Bitcoins to hold it & get rich cuz the opposite will happen.


Title: Re: Where to buy btc at market price
Post by: chronicsky on January 20, 2015, 05:24:07 AM
at circle.com you can buy with credit/debit card ,or if you can do wire transfer then you can try btc-e.com also, there you can always buy at market price or few bucks lower then market price

yeah i know of wire transfer but they want in. amt to be 2k$


Suggestion :

Bitcoin is not a commodity that you will find a market price for it, it is a currency so the right term would be exchange rate. Dont buy Bitcoins to hold it & get rich cuz the opposite will happen.


yeah thanks man!
i prefer buying bitcoin time-to-time when i buy something instead of buying at once and holding , because of the so called fluctuation in the Exchange rate, that's why i was looking for a place to buy it when i need instantly