Newbie needs a lot of help

[Superjankman]

Hi I'm new to the whole bit coin phenomena so I have a few questions that need answering...so if you can help that will be awesome if not well thanks for reading.

1.how do I purchase bit coins?
2.if I could but them can I use transfer money from my bank?
3. I have B.o.a and they won't let me transfer funds,so how do I?
4. I need a ewallet guide for dummies as I mainly use my smartphone.
5. I asked how to buy bitcoins well if I make a purchase how do I transfer funds?

Of someone can just explain everything to me that would be great I read all the stuff on wiki but I just need it broken down simpler.

Thank you for reading and I await your comments!

[1714780617]

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[1714780617]

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[1714780617]

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[1714780617]

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[Danijel Habek]

Hi I'm new to the whole bit coin phenomena so I have a few questions that need answering...so if you can help that will be awesome if not well thanks for reading.

1.how do I purchase bit coins?
2.if I could but them can I use transfer money from my bank?
3. I have B.o.a and they won't let me transfer funds,so how do I?
4. I need a ewallet guide for dummies as I mainly use my smartphone.
5. I asked how to buy bitcoins well if I make a purchase how do I transfer funds?

Of someone can just explain everything to me that would be great I read all the stuff on wiki but I just need it broken down simpler.

Thank you for reading and I await your comments!

There are many answers to your questions answered on the Bitcoin wiki.
To buy bitcoin you can use online exhange, or over-the-counter marketplace at #bitcoin-otc or maybe you can buy it in personal trade through localbitcoins. There are possibilities to buy bitcoin with trusted members of this forum, and you can check user trade ratings on the list of honest traders.

Basically, you send the funds from your bank account to an exchange service, wait for the money to arrive at the exchange, and trade there. After you have bought bitcoin, you can simply send it to the address of your wallet, which you'll get from your smartphone or any other wallet application or service.

For the smartphone wallet there are options listed here, and I'm using Paytunia on my Android device. Can't speak for iOS devices as I'm not using one.

Be safe, and read more before you buy, and check the ratings on the person or the service you're using before you decide to send any money or bitcoin to.

[Stephen Gornick]

1.how do I purchase bit coins?

The factors that matter in order to give you the best answer include:

 - Where are you located (country)?
 - How much are you looking to buy?
 - What payment methods do you have available?
 - How soon do you need access to the proceeds?
 - Is privacy important?

3. I have B.o.a and they won't let me transfer funds,so how do I?

If that is Bank of America, then you have a few options.

You can use BitInstant to do a cash deposit method directly to a bitcoin address.

 - http://www.BitInstant.com

Then you visit B of A, withdraw cash from your account and then deposit that cash into the account provided on the BitInstant receipt that you printed out.

If you are buying $500 or more, there are direct sellers which charge a lesser fee.

If you want the cheapest method and have oodles of time, then set up an account with Dwolla and use them to transfer funds from your B of A account, and then send those funds to an exchange.  There are a lot of steps in this method, but if you will be buying often, this is a good way to go.

You might wish to do a local trade instead:

 - http://www.LocalBitcoins.com

There is a fairly comprehensive list of options compiled here:

 - http://en.bitcoin.it/wiki/Buying_bitcoins

4. I need a ewallet guide for dummies as I mainly use my smartphone.

An Android smartphone?  Bitcoin Spinner is pretty intuitive.

Don't overlook security.  Now for walking around amounts of money, an app on a smartphone (with a backup of the private keys) is probably sufficient.  If you are holding bitcoins for investment, storing them on a wallet on a mobile phone is not the wisest thing to do.

For that, an offline wallet or other measures can help keep your funds secure.