Introduction to Bitcoin

[forgoodnesssake]

Hello,

My eyes have just been opened to the wonderful world of Bitcoins.

I am in the UK and would like to purchase some, where would be a good place to do that using a bank transfer?

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[1714822037]

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[knight22]

You can use https://www.bitinstant.com/

or open an account at http://mtgox.com

[forgoodnesssake]

You can use https://www.bitinstant.com/

or open an account at http://mtgox.com
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Many thanks, is it necessary to go through the "account verification" process?

[knight22]

Many thanks, is it necessary to go through the "account verification" process?

At mt.gox yes it is necessary but not at bitinstant.
You can also try to find someone to make a local transaction at https://localbitcoins.com/

[forgoodnesssake]

Many thanks, is it necessary to go through the "account verification" process?

At mt.gox yes it is necessary but not at bitinstant.
You can also try to find someone to make a local transaction at https://localbitcoins.com/

Thank-you for the replies I appreciate it.

I really just want the simplest way to purchase some bitcoins so that I can make a purchase.

Originally I was going to use Intersango because they allow bank transfer as payment but was informed that "Open registration is currently closed."

Hence posting here.

From what you have told me Bitinstant maybe my best option, so I need to change the country to UK, pay from online bank transfer, to MTGox, is that correct?

I really want it to go straight into my silkroad account, how do I do that?

[knight22]

Sorry I cannot help you any further because I'm in Canada and I'm using https://www.cavirtex.com/home for my bitcoin transactions.
I strongly suggest you to look further with bitinstant. You should be able to make a direct cash deposit and get your bitcoin in the same day without opening any account.

[Meatball]

Before you start throwing some money around after just 2 days, you might want to do a bit more research and understand what's going on with the market and mining ecology at the moment.

[bbit]

How much are you looking for ?

[Stephen Gornick]

I am in the UK and would like to purchase some, where would be a good place to do that using a bank transfer?

BlockChain.info now accepts funds from Barclays Pingit:
 - https://blockchain.info/wallet/deposit-pingit


BitInstant is still in trial mode for their Online Bank Transfer method for buying coins using a bank transfer.  You can try there:
 - http://www.BitInstant.com


Other methods include:

You can send cash (GBP) in the mail to Bitcoin Nordic (in Denmark):
 - http://www.BitcoinNordic.com


And, or course, there may be a chance for a local trade:
 - http://www.LocalBitcoins.com


Another method to buy bitcoins uses credit card through VirWoX.  How that works is you buy Second Life Lindens (SLL) with credit card, then convert those to BTCs and then you can withdraw BTCs.  With being a new user and using credit card there is about a day delay before you can withdraw, as they complete fraud checks.  They also accept MoneyBookers/Skrill.
 - http://www.VirWoX.com

You can purchase bitcoins with UKash from MercaBit.eu, BitcoinNordic.com and VirWoX.

And there may be other methods that work for you as well:
 - http://en.bitcoin.it/wiki/Buying_bitcoins

[kgonepostl]

seems like a lot of info. Tell me, why do people buy bitcoins? Do they buy low sell high sort of thing? I've always wondered why I can trade my coins for amazon with a 2% fee. Seems rediculous the amount of money they are willing to pay me for these things.

[knight22]

seems like a lot of info. Tell me, why do people buy bitcoins? Do they buy low sell high sort of thing? I've always wondered why I can trade my coins for amazon with a 2% fee. Seems rediculous the amount of money they are willing to pay me for these things.

Actually, I'm buying bitcoin to protect my savings from inflation in a long term run.

[jonny1]

Im looking for $50 worth of bitcoins can anyone with some positive feedback and history in this area help me out???

many thanks jonny.

[Meatball]

Im looking for $50 worth of bitcoins can anyone with some positive feedback and history in this area help me out???

many thanks jonny.

Go to MTGox and sign up for an account.  You can buy/sell BTC through there.