onleines (OP)
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 Offline
Activity: 368
Merit: 212
Don't buy Bitcoin - Earn it
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July 07, 2016, 12:53:56 PM |
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Hey,
I am logged into my account Coinbase to buy Bitcoins.
I get the following message:
Sorry! Buy & Sell not available in Germany
We are not able to Provide exchanging bitcoin in your region yet. Consider Contacting your local government. Learn More>
It seems to be also affected Luxembourg alongside Germany.
The rest of Europe (32) are not affected.
Since Localbitcoin is banned in Germany, seems probably because the German "local government" there which prohibit.
Does anyone have any info, is on what legal basis prohibited here?
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pedrog
Legendary
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Activity: 2786
Merit: 1031
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July 07, 2016, 12:56:39 PM |
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They must comply with local law, I assume they're not doing that, so, no business there.  |
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TKeenan
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July 07, 2016, 01:19:11 PM |
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Hey,
I am logged into my account Coinbase to buy Bitcoins.
I get the following message:
Sorry! Buy & Sell not available in Germany
We are not able to Provide exchanging bitcoin in your region yet. Consider Contacting your local government. Learn More>
It seems to be also affected Luxembourg alongside Germany.
The rest of Europe (32) are not affected.
Since Localbitcoin is banned in Germany, seems probably because the German "local government" there which prohibit.
Does anyone have any info, is on what legal basis prohibited here?
Very easy fix: VPN |
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allthingsluxury
Legendary
Offline
Activity: 1540
Merit: 1029
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July 07, 2016, 01:21:49 PM |
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Hopefully this is not the beginning of a more major attack on Bitcoin. I also wouldn't be surprised to see in the coming months, although, that they resolve the issue and are able to sell to their German customers again. Coinbase offers a great service and the German people deserve to be able to take part in the program.
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Gold & Silver Financial News: Silver Liberation Army, Gold & Silver News, Geopolitical & Financial News, Jim Rickards Blog, Marc Faber Blog, Jim Rogers Blog, Peter Schiff Blog, David Morgan Blog, James Turk Blog, Eric Sprott Blog, Gerald Celente Blog |
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Zepher
Copper Member
Hero Member
Offline
Activity: 686
Merit: 603
Electricity is really just organized lightning
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July 07, 2016, 01:22:03 PM |
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Hey,
I am logged into my account Coinbase to buy Bitcoins.
I get the following message:
Sorry! Buy & Sell not available in Germany
We are not able to Provide exchanging bitcoin in your region yet. Consider Contacting your local government. Learn More>
It seems to be also affected Luxembourg alongside Germany.
The rest of Europe (32) are not affected.
Since Localbitcoin is banned in Germany, seems probably because the German "local government" there which prohibit.
Does anyone have any info, is on what legal basis prohibited here?
Very easy fix: VPN Will this still work if OP is trying to use a German bank card? |
My only payment address: 1ZephertJThxkHih7XcaUHBkMSnvkTt5u
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romero121
Legendary
Offline
Activity: 3192
Merit: 1213
Enterapp Pre-Sale Live
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July 07, 2016, 01:24:34 PM |
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Hey,
I am logged into my account Coinbase to buy Bitcoins.
I get the following message:
Sorry! Buy & Sell not available in Germany
We are not able to Provide exchanging bitcoin in your region yet. Consider Contacting your local government. Learn More>
It seems to be also affected Luxembourg alongside Germany.
The rest of Europe (32) are not affected.
Since Localbitcoin is banned in Germany, seems probably because the German "local government" there which prohibit.
Does anyone have any info, is on what legal basis prohibited here?
Very easy fix: VPN VPN is not the solution for it. If its a ban from the government the website won't function but its indicated as buying and selling not available for Germany and Luxembourg. |
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SuperCoinGuy
Full Member
Offline
Activity: 224
Merit: 100
Defender of Bitcoin
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July 07, 2016, 01:37:59 PM |
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Wait is Localbitcoins really banned in Germany? Is the German government going to ban the use of Bitcoin in the country or are they waiting to legalize it or something? I thought it was pretty easy to set up a person-to-person exchange of coins against cash. I guess people in Germany still trade Bitcoins for cash among themselves right?
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Aswan
Legendary
Offline
Activity: 1734
Merit: 1015
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July 07, 2016, 01:42:24 PM |
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Wait is Localbitcoins really banned in Germany? Is the German government going to ban the use of Bitcoin in the country or are they waiting to legalize it or something?
The site itself is not banned, you can still open it from Germany. However, localbitcoins itself decided not to serve customers in Germany anymore. I guess people in Germany still trade Bitcoins for cash among themselves right?
Yes, some do. There is also bitcoin.de and coinimal.com, both serving customers from Germany. |
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Denker
Legendary
Offline
Activity: 1442
Merit: 1016
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July 07, 2016, 01:48:25 PM |
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Wait is Localbitcoins really banned in Germany? Is the German government going to ban the use of Bitcoin in the country or are they waiting to legalize it or something? I thought it was pretty easy to set up a person-to-person exchange of coins against cash. I guess people in Germany still trade Bitcoins for cash among themselves right?
Localbitcoins is not banned in Germany but they decided not to serve german customers. You can still meet with people and do your trades.Nothing illegal about that. What Coinbase and Localbitcoins are missing for the german market is a license.No license no business, same as in the US. |
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The_Hamburglar
Newbie
Offline
Activity: 28
Merit: 0
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July 07, 2016, 01:51:11 PM |
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Wait is Localbitcoins really banned in Germany? Is the German government going to ban the use of Bitcoin in the country or are they waiting to legalize it or something? I thought it was pretty easy to set up a person-to-person exchange of coins against cash. I guess people in Germany still trade Bitcoins for cash among themselves right?
Localbitcoins is not banned in Germany but they decided not to serve german customers. You can still meet with people and do your trades.Nothing illegal about that. What Coinbase and Localbitcoins are missing for the germany market is a license.No license no business, same as in the US. Is Localbitcoin licensed in US? As what, a money transmitter? I didn't know that. |
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Denker
Legendary
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Activity: 1442
Merit: 1016
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July 07, 2016, 01:57:12 PM
Last edit: July 07, 2016, 02:09:44 PM by Denker |
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Wait is Localbitcoins really banned in Germany? Is the German government going to ban the use of Bitcoin in the country or are they waiting to legalize it or something? I thought it was pretty easy to set up a person-to-person exchange of coins against cash. I guess people in Germany still trade Bitcoins for cash among themselves right?
Localbitcoins is not banned in Germany but they decided not to serve german customers. You can still meet with people and do your trades.Nothing illegal about that. What Coinbase and Localbitcoins are missing for the germany market is a license.No license no business, same as in the US. Is Localbitcoin licensed in US? As what, a money transmitter? I didn't know that. I can't tell you mate. I'm not from the states.I'm german and just can tell you that localbitcoins stopped it's service in Germany since late 2014 due to regulatory reasons. And I'm sure this is the same reason why Coinbase has no service in Germany. Big "thanks" for that to our BaFin!  |
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Carlsen
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July 07, 2016, 01:59:07 PM |
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Germany is putting up some laws against money laundry right these days.
Those include terms regarding buying & selling of crypto money.
I think coinbase does not want to have any legal trouble there and sort things out first if they can fulfill those restrictions.
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mayax
Legendary
Offline
Activity: 1456
Merit: 1004
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July 07, 2016, 02:06:02 PM |
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Coinbase is not licensed in EU therefore they cannot provide services to EU. Germany took action against unlicensed BTC exchangers and that's why Coinbase step back. Normally, they are not allowed to offer exchange services in all EU....but other countries didn't take action yet. The law already exists. |
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electronicash
Legendary
Offline
Activity: 3122
Merit: 1052
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July 07, 2016, 02:12:59 PM |
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Germany is putting up some laws against money laundry right these days.
Those include terms regarding buying & selling of crypto money.
I think coinbase does not want to have any legal trouble there and sort things out first if they can fulfill those restrictions.
Its not just coinbase that they can use to buy bitcoin. They can also use exchange site itself. I think BTC2BID is working good this time. Hey,
I am logged into my account Coinbase to buy Bitcoins.
I get the following message:
Sorry! Buy & Sell not available in Germany
We are not able to Provide exchanging bitcoin in your region yet. Consider Contacting your local government. Learn More>
It seems to be also affected Luxembourg alongside Germany.
The rest of Europe (32) are not affected.
Since Localbitcoin is banned in Germany, seems probably because the German "local government" there which prohibit.
Does anyone have any info, is on what legal basis prohibited here?
Very easy fix: VPN VPN is not the solution for it. If its a ban from the government the website won't function but its indicated as buying and selling not available for Germany and Luxembourg. If you are from Germany, VPN can still help indirectly as you as btc buyer can simply set where ever you are and then set up a meeting with a btc seller from localbitcoin. |
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JeffBrad12
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July 07, 2016, 02:22:17 PM |
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Coinbase is not licensed in EU therefore they cannot provide services to EU. Germany took action against unlicensed BTC exchangers and that's why Coinbase step back. Normally, they are not allowed to offer exchange services in all EU....but other countries didn't take action yet. The law already exists. Are you sure,but I searching some news about this and I can't find it? maybe best solution to check on another sites how they getting a same banned with coin base or nothing. but i learn a more knowledge about this, thanks before. |
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pedrog
Legendary
Offline
Activity: 2786
Merit: 1031
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July 07, 2016, 02:23:22 PM |
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Hopefully this is not the beginning of a more major attack on Bitcoin. I also wouldn't be surprised to see in the coming months, although, that they resolve the issue and are able to sell to their German customers again. Coinbase offers a great service and the German people deserve to be able to take part in the program.
It has nothing to do with bitcoin. It's usual for USA startups and established companies to enter in European markets and think they can disregard all local laws and do their business like they do in USA, well, they can't... |
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Tippingcoin
Newbie
Offline
Activity: 36
Merit: 0
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July 07, 2016, 02:30:19 PM |
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Hopefully this is not the beginning of a more major attack on Bitcoin. I also wouldn't be surprised to see in the coming months, although, that they resolve the issue and are able to sell to their German customers again. Coinbase offers a great service and the German people deserve to be able to take part in the program.
It has nothing to do with bitcoin. It's usual for USA startups and established companies to enter in European markets and think they can disregard all local laws and do their business like they do in USA, well, they can't... So this is going to happen in all EU countries? Germany is just the first to act? |
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elyas772
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July 07, 2016, 02:33:40 PM |
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just other solution for buying bitcoin
- buy payeer usd
- deposit usd at BTC-E
- buying bitcoin at BTC-E
- withdraw the bitcoin to your wallet
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| Whitepaper
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Reddit
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pedrog
Legendary
Offline
Activity: 2786
Merit: 1031
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July 07, 2016, 02:39:31 PM |
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Hopefully this is not the beginning of a more major attack on Bitcoin. I also wouldn't be surprised to see in the coming months, although, that they resolve the issue and are able to sell to their German customers again. Coinbase offers a great service and the German people deserve to be able to take part in the program.
It has nothing to do with bitcoin. It's usual for USA startups and established companies to enter in European markets and think they can disregard all local laws and do their business like they do in USA, well, they can't... So this is going to happen in all EU countries? Germany is just the first to act? It will happen in countries that have legislation Coinbase is not complying with... They may need to have European offices and servers and comply with European data laws, you know USA companies give all information to the government and intelligence agencies, financial information is very valuable, letting USA companies operate unchecked is opening the doors wide to spies. |
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Tippingcoin
Newbie
Offline
Activity: 36
Merit: 0
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July 07, 2016, 02:46:14 PM |
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Hopefully this is not the beginning of a more major attack on Bitcoin. I also wouldn't be surprised to see in the coming months, although, that they resolve the issue and are able to sell to their German customers again. Coinbase offers a great service and the German people deserve to be able to take part in the program.
It has nothing to do with bitcoin. It's usual for USA startups and established companies to enter in European markets and think they can disregard all local laws and do their business like they do in USA, well, they can't... So this is going to happen in all EU countries? Germany is just the first to act? It will happen in countries that have legislation Coinbase is not complying with... They may need to have European offices and servers and comply with European data laws, you know USA companies give all information to the government and intelligence agencies, financial information is very valuable, letting USA companies operate unchecked is opening the doors wide to spies. Huh, didn't realize that. I guess we Amerifats don't know how good we got it -- Localbitcoin, can trade on any exchange... |
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