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3421  Bitcoin / Bitcoin Discussion / Re: Call me crazy on: January 14, 2015, 06:47:41 PM
as any bubble, Bitcoin is goin down. it's something normal.

Bitcoin is on since 5-6 years ago. Only 1 MIL users worldwide including China. This is a fact.

There are no newcomers and that's why the price is falling. It will fall much more when the big exchangers will start selling their Bitcoin.
You think Bitcoin has 1 million users ? I don't think so.... This is the users number of the Apple Pay.

Bitcoin is 5 years old and Apple Pay is less 1 years old while obviously Apple Pay beaten Bitcoin now. Why? This is a Big Question.

A lot of people I talk to about Bitcoin always bring up the point that Satoshi is gone/AFK/dead/missing.  I could bet Apple Pay is big only because of the consumer confidence that the Apple brand generates.

The majority doesn't want to invest in something where the creator doesn't stand behind their idea/product and they understand that others (not the founder) are leading the development.  They feel that Satoshi abandoned it for some specific reason, even though they know nothing about Bitcoin.  I'm not sure if it's investors intuition or just the fact they don't have any consumer confidence for Bitcoin, even though it may be incorrect for them to think that way.
3422  Bitcoin / Bitcoin Discussion / Re: Bitcoin continues to grow on: January 06, 2015, 07:19:59 PM
I about fell off my camel.

Personally, I love how this phrase is in here and completely in context Cheesy

Same, what a great story!   Grin
3423  Economy / Collectibles / Re: serpcoin DIY2 - Do It Yourself Physical Bitcoins on: January 03, 2015, 05:52:52 AM
Rec'd my two coins today, gonna be assembling them tonight! Can't wait!

One suggestion serp, there was WAY too much tape on this package. I had to literally rip the package to shreds to open it. You heavily taped both ends and the center of it. It was a fully taped package. Don't know if it was just me but it was overkill in my opinion. Thanks again nonetheless!

My package was properly taped and was not excessive at all.  Had to be a fluke I would say as it was quite easy to open.  Smiley
3424  Economy / Collectibles / Re: serpcoin DIY2 - Do It Yourself Physical Bitcoins on: December 31, 2014, 01:28:36 AM
The coins came extremely fast and were well packaged, thanks!   Grin
3425  Bitcoin / Bitcoin Discussion / Re: Which BTC ATMs are 2-way? on: December 29, 2014, 08:34:53 PM
Damn, some states don't have any yet.
3426  Economy / Collectibles / Re: New MicroSoul coins for the masses 0.01 on: December 28, 2014, 02:27:05 AM
Thanks, I will send you a PM about pricing. Smiley
3427  Other / Off-topic / Re: Need Help: Firstbits Lookup? on: December 28, 2014, 02:23:13 AM
Hi everybody,
This might not be the right place for this but oh well. I'm having trouble looking up the address by firstbits for my Microsoul physical coin. I have tried blockexplorer (not working) and firstbits.net-which says there is no such address in the blockchain. Does anyone know how to look this up?

Thanks!

The firstbits for this coin are 1JmsFFgz





Maybe coin isn't loaded ?

I'm waiting for Microsoul to load one coin for me , and for now there is no such address in blockchain. Maybe there will be when will be loaded.

http://microsoul.uberbills.com/?s=1  Smiley



This post helped me find out my coins address as I was having the same issue.  Smiley

"ERROR: unknown (Most likely my bitcoind stopped working or this page is too large/complex.)"
3428  Economy / Collectibles / Re: New MicroSoul coins for the masses 0.01 on: December 28, 2014, 02:17:57 AM
Are these coins still for sale & has the price structure been modified?

Thanks,
digicoinuser
3429  Economy / Collectibles / Re: serpcoin DIY2 - Do It Yourself Physical Bitcoins on: December 27, 2014, 06:05:36 AM
That is what I suspected, thanks for the information and I'm looking forward to the kit!   Smiley
3430  Economy / Collectibles / Re: serpcoin DIY2 - Do It Yourself Physical Bitcoins on: December 27, 2014, 12:11:02 AM
Serp,
I received one of the DIY2 coins assembled from a seller today (was labeled as DIY so I assumed it was going to be a kit), unloaded with the hologram already over the Private Key which does not allow me access to the Private Key unless I take off the hologram.  I do have access to the Public Key which was provided with the coin.

I plan on buying another from your site (since it seems to be a DIY kit) so I can put the item together myself since I have done this for coins before but I am wondering if I should consider this coin insecure since I did not assemble it myself?

Thanks for your advice,
digicoinuser
3431  Other / Off-topic / Re: Merry Christmas Bitcoinland! on: December 24, 2014, 08:54:33 PM


Gotta bump this image, merry christmas!
3432  Bitcoin / Bitcoin Discussion / Re: The coming of peer-to-peer online exchanges on: December 24, 2014, 08:51:43 PM
Sounds like a vision.
3433  Other / Beginners & Help / Re: Not new to bitcoin. New to buying it though on: December 23, 2014, 11:16:27 PM
Question. When i buy it through blockchain, is it an instantaneous transfer,  i can convert it back to usd at will? Is there a wait time?

How does one "buy it through blockchain"?
3434  Bitcoin / Bitcoin Discussion / Re: Twitch accepts bitcoin :o on: December 23, 2014, 11:14:00 PM
Do they sell any physical goods you can purchase with BTC or just digital?
3435  Bitcoin / Bitcoin Discussion / Re: Why does it feel so complicated/frustrating to buy bitcoins for the first time? on: December 23, 2014, 11:02:50 PM
when i was at dreks gthe other day i had this feeling i god underhelmed

Translation?
3436  Bitcoin / Bitcoin Discussion / Re: Why does it feel so complicated/frustrating to buy bitcoins for the first time? on: December 20, 2014, 05:39:08 AM
Why don't you just buy them here in the Marketplace from a Trusted member in BitcoinTalk forum?

https://bitcointalk.org/index.php?board=53.0

Lots of sellers here for cash, paypal, amex, bank wire, WU, etc.

Just make sure they're a Hero Member or above and have a great Trust rating and Trust History.

Not so complicated, and if you don't trust the seller even with all that green, then get a trusted Escrow service from this forum to be an intermediary.

Yes, I will definitely look further into that board as I noticed it looked like a place where individuals are trading.


I will answer this question  with a few questions

What was it like the first time you set up a checking account?

How was your first experience with sending money via western union

How easy was it to get your paypal account stated linked with your bank account and a bank debit/credit card?

To be honest, compared to paypal I dont see why getting bitcoin started seems to be so complicated to a lot of people? It is actually easier than paypal, and takes a lot less time Smiley I had my bitcoin stuff up and running (including my wallet) in less than 20 minutes.

Checking account was an in person interview after making sure to have all the correct information alongside me.  Other than that, I believe I was able to use the account immediately provided I had loaded the funds in before I left the bank with my temporary card that day.  It took near a week to receive the physical card.  I am not sure if FDIC insurance has anything to do with this process.

Western Union, I have not utilized that service yet.

You bring up quite a good point with PayPal as it was near the same complexity to set up my initial PayPal account many years ago but I wasn't viewing the places to acquire bitcoin via fiat at the same level as PP.  I think it is near the same process for a CC as it is a bank account with the verification of multiple small deposits into the account.


The good news is that circle did work out and I was able to load the small amount of funds into my account.  There was a manual verification required (not sure what happened as I didn't need to provide any extra information) and it took a little over 7 hours.  I did put a phone call into customer service to try and get this sped up as well.  I guess it wasn't too bad of a timeline considering a PP account would take 2-3 business days but again, I didn't see it as highly regulated as it currently seems.  Definitely not a bad thing, but it could be off-putting to some people.
3437  Bitcoin / Bitcoin Discussion / Re: Why does it feel so complicated/frustrating to buy bitcoins for the first time? on: December 19, 2014, 05:53:17 PM
@digicoinuser: I sent you a PM a couple of hours ago.  Did you miss it?

I have just responded to your PM a few minutes prior. Smiley

It took me a little bit of time to go through all the previous posts and check out some of what everyone was talking about but I am glad I took the time to write the initial post in such a way that it fostered great community responses.
3438  Bitcoin / Bitcoin Discussion / Re: Why does it feel so complicated/frustrating to buy bitcoins for the first time? on: December 19, 2014, 05:06:34 PM
Elwar,
Thanks for the info.  I checked out localbitcoins and it looked alright except some of the postings looked similar to this:
Quote
- No ID verification necessary if you have 100+ trades and over 25BTC volume
- Images required for the first purchase. Trusted buyers have no restrictions.

-----Honesty is my Policy-----

★ Paypal Transfer ★

✒ Step 1 - Open Trade

✒ Step 2 - Send me the following in ONE image:

- Your Government ID (To verify you own your paypal account.)

NEXT TO:

I don't feel the Government ID would be necessary for an individual on a localbitcoin trading site but having previous trades would help in those situations I assume.

I gave Circle a call a bit ago and spoke to a nice lady on the phone and am seeing if Circle will work as intended for a single purchase.  I didn't inform them of my purchase size as it was never asked (I thought they would ask) and they said they will "follow up" if more information is needed from me.  I'm not hooking up my bank account though, so I'm not sure what other information they should really need for me to complete a single 0.25 BTC transaction.

Oh and I forgot, there were security questions as well that I had to create when I made my account and then re-verify on the phone.  I agree with ya, it does go on and on.  I believe politically exposed means that you would be connected to some major political party member or someone in high authority and could possibly tarnish a reputation if affiliated with "something" in the wrong light.


Bitstamp, Kraken, Circle, Coinbase are the best.

Soon you will be able to buy BTC in the supermarket (via gift cards).

I am going to avoid trying anymore of these places than just Circle as multi-level forms are heinous inventions.  Wink

Like the gift card idea for ease of purchase but not for the centralization!


OP should consider doing an off-exchange purchase. It is definitely a lot easier than trying to jump through all those hoops.

I saw that but I can't surely trust anyone quite yet, but trust can be earned.  Smiley


To me coinbase is the easiest once your verified. But my http://Trucoin.com account I set up in 30 seconds and was able to make credit card purchases, they're the quickest if you don't mind paying their processing fee.

This one looks very promising on the site, but I would have to get some more info before making a decision on that.  The sales pitch was pretty good and I'd have to see what their "processing fee" is.  Does anyone else have experience with trucoin?


Where are you located?

If you want "simple", how about this...

Give me cash.  I give you BTC.  Done.

Seems simple enough to me.

Mid East Coast, USA.  This would be true if I knew people personally who had bitcoin.  Smiley  Unfortunately the people I mentioned it to recently thought it came out this year.  I read this small book about bitcoin that I will be sharing with some friends but it is a little advanced for a few of them I believe.  Any exposure would be good exposure though.



Thanks for all the other responses.  I am still awaiting the confirmation of whatever needs to happen on the sites end, but hopefully that works out shortly.

I can see why it is so difficult and am still researching some of this related to purchasing as I didn't expect to hit this type of timeline based roadblock for a sub $100 purchase.
3439  Bitcoin / Bitcoin Discussion / Why does it feel so complicated/frustrating to buy bitcoins for the first time? on: December 19, 2014, 01:49:39 PM
I am looking to purchase a crypto related Christmas gift this season for some people I'd like to spread the crypto to and the seller is only accepting payment in BTC/LTC/DOGE.  The problem lies in the fact that the item I want to purchase is ~$75 shipped (yes, the price is given in USD) but I cannot pay with my USD and must somehow convert my fiat to crypto if I want this specific crypto related gift. 

Now the timing sucks because I am finding out all these places to do this want some sort of crazy verification that takes multiple days, I need to take a picture of my passport, residency documentation, etc.  Time is of the essence (yes, late holiday shopping!) and I don't feel I should need to do that for such a small amount.  I have amazing eBay and PayPal records (over 1000+ at 100% positive and yes, I do sell items quite often) but I see there really isn't a good way to buy it on eBay either as it seems sketchy.  Some people are asking for $500+ for a BTC delivered directly to my wallet and the weird instructions I get in the description about doing some sort of micro-transaction process over the course of multiple days is pretty awkward.  Nonetheless when I'm essentially trying to get 0.25 BTC, or ~$85 worth (as of this posting), I'm not sure why the hassle is turning out to be so great and I may not get to use BTC for a Christmas gift this year.

I actually have BTC/LTC/DOGE that I mined, but between the 3 combined I have less than what I need to purchase the item and still feel good about my mining efforts.  I wholly understand that the seller is choosing to only accept crypto as I asked if I could pay via PayPal as an option but dang it is tough.

In light of me joining the BTC forum very recently (I've been reduced to a newbie - for now!) I figured I'd share my first experience trying to acquire a small amount of BTC for a purchase. 
I made an account on Circle.com since it "seemed" the easiest, got through all the steps and entered the information listed here:
===========================
1. Email, Full Name & Address
2. Phone number for verification
3. Birth-date and last 4-digits of my SS#
4. Debit Card/Credit Card Information, exactly the same information I made to purchase something substantial a couple weeks ago at an online retailer
===========================

And it didn't work. 

I was pretty disappointed when I couldn't add funds as I am an avid internet user and understand I just handed over a ton of PII and they wouldn't let me follow through on my purchase of 0.25 BTC.  I am stuck on "We are working on connecting your credit card." when any other online retailer would have said OK and processed my payment.  If it was a large enough amount I understand I would have gotten a phone call to the home number that is attached to my Bank Card for verbal verification.  I have waited over 2 hours since landing on that page with nothing to show except for a waiting message and I'm a little frustrated that I may not be able to make a BTC Christmas purchase as I don't want to turn this circle.com thing into a 24-48 hour ordeal for a $75 item.  I will not be hooking up a bank account to that site, I was just willing to use a Bank Card but now I am contemplating dumping the whole idea and having that "account" deleted. 

I need to live up to my name of digicoinuser and freaking obtain some BTC to use but it's very difficult right now from my perspective.  I like the whole anonymous idea behind bitcoin, but feel that sites like the aforementioned devalue that whole train of thought.  I didn't trust cex.io to go through the process they have and don't plan on signing up on any more websites that require a level of information where I'd want to keep tabs on that site/system due to having a high level of PII filed for me.

Is there a safer and easier way I could get 0.25 BTC from a trusted source and start my journey purchasing items with BTC? 

Sincerely,
digicoinuser (hopefully an official one soon)
3440  Bitcoin / Mining speculation / Re: Miners' strike! on: December 19, 2014, 09:51:19 AM
Eh, what?

Why do you think it would rise if the mining was to stop?
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