why is it so hard to buy bitcoin

[Blitzboy]

I think it is not so hard to buy bitcoin for a man who know the rules and regulations. Everywhere in the world there are rules so if any body do in that way the path is so easy to him. It only hard to newcomer who do not know anything about bitcoin and crypt currencies.

Yeah, you can easily buy bitcoin in almost every place. In my country, you can buy bitcoin whenever you want in anywhere you like. However, in some countries, bitcoin is still being banned and it is very hard to buy bitcoin because if they find that you are holding bitcoin, you will become a criminal for sure. You can go to jail cause of buying or selling bitcoin s

[1714777411]

1714777411

[mia khalifa]

I have not really bought any bitcoin in a while, i have been mostly trading this last year.  but i have been trying to buy today from localbitcoins and bittylicious and it has been a real challenge.  they want photos of me holding cards on localbitcoins and on bitty they need about 4 different forms of id, what is going on. 

this is seriously restrictive to anyone wanting to get into bitcoin,  like its meant to be pseudonymous but if the gate ways into bitcoin dont allow that people will be put off.   

it could be just for legality and identify who the owner of the bitcoin is because it is possible to avoid the criminality of this world, maybe like that

[TrueCryptonaire]

I have not really bought any bitcoin in a while, i have been mostly trading this last year.  but i have been trying to buy today from localbitcoins and bittylicious and it has been a real challenge.  they want photos of me holding cards on localbitcoins and on bitty they need about 4 different forms of id, what is going on. 

this is seriously restrictive to anyone wanting to get into bitcoin,  like its meant to be pseudonymous but if the gate ways into bitcoin dont allow that people will be put off.   

The exchanges are also saving their asses by telling you to do so as you can be a money launderer just buying bitcoins to launder your money, or maybe an ISIS agent. It's just mandatory for any online exchange to do AML/KYC before accepting any fiat from their customers.

[joganuts]

Why you don't use a normal exchange?

You just need to confirm you ID one time and that's it, isn't so hard to buy bitcoins...

It is true that it is easy to directly buy bitcoin in terms of using wallet or convert your fiat into Bitcoin, yet there as some scenarios that bitcoin transaction on a specific country is quite a hard thing to deal with. So it could be better to consider first looking a way to earn bitcoin in terms of apply on a signature campagin , trading , investing or even doing transaction. So it will not be so hard for you to have a source of Bitcoin for the future.

[ghostunicorn]

Why you don't use a normal exchange?

You just need to confirm you ID one time and that's it, isn't so hard to buy bitcoins...

It is true that it is easy to directly buy bitcoin in terms of using wallet or convert your fiat into Bitcoin, yet there as some scenarios that bitcoin transaction on a specific country is quite a hard thing to deal with. So it could be better to consider first looking a way to earn bitcoin in terms of apply on a signature campagin , trading , investing or even doing transaction. So it will not be so hard for you to have a source of Bitcoin for the future.

That's right, ID confirmation and other KYC/AML processes are not hard. But some persons don't like it. They want to stay anonymus. For people not liking ID exposure, they can use localbitcoins or bitcointalk marketplace to buy bitcoins from others.

[Linuld]

Why you don't use a normal exchange?

You just need to confirm you ID one time and that's it, isn't so hard to buy bitcoins...

It is true that it is easy to directly buy bitcoin in terms of using wallet or convert your fiat into Bitcoin, yet there as some scenarios that bitcoin transaction on a specific country is quite a hard thing to deal with. So it could be better to consider first looking a way to earn bitcoin in terms of apply on a signature campagin , trading , investing or even doing transaction. So it will not be so hard for you to have a source of Bitcoin for the future.

The normal exchange sites are not giving an exact price to buy bitcoins. if we want to buy from USD, then we have good sites to buy. But many people want to buy with their local currency and the local exchange sites will not sell bitcoins for exact price. Atleast if it is near to exact price, we can buy, but they will put 10 to 15% high price and sometimes it will cross 30% also. So this will make people buy bitcoins very tough.

[syaripudin]

I think it's very easy if you know the right way. what I do is with clear id peripikasi. this is such a requirement that must be done. yes of course the goal is for the exchange that you do that is true and there is no indication engineering. of course all there will be an applied system and I am sure with such a system this will make bitcoin even better. I do not think there is anything hard to read about all is very easy.

[ocid]

The advancement of digital currency technology in the form of bitcoin is now increasing. For bitcoin users who already have bitcoin wallets, I do not think it's hard to buy bitcoin at the moment, because in some countries there is a service for bitcoin users who can exchange their virtual currency into bitcoins by using bitcoin Vending Machine. They can easily exchange their currency by using a bitcoin Vending Machine.

[Intersan]

I don't think that buying bitcoin is hard because bitcoin is not that rare on its supply and we can still buy some bitcoins in the market and as long as there is an exchange like coinbase then there wouldn't be a problem in buying bitcoin because we only need to create an account in that wallet and buy bitcoin directly without a problem.

The point of the others is the price, why it is hard to decide to buy a bitcoin even the price is high. The problem is the capital, since bitcoin become popular it's price become high so others need a huge capital to buy a bitcoin.

Your right that it will buy in some exchanger. First of all you can't buy a bitcoin if you have no local currency or dollar and how you make it? Some user put a local currency in their own wallet then buy the bitcoin. It is also a problem because some user like in the province has no chance to buy in store like 7/11.

[AngelSky]

I don't think that buying bitcoin is hard because bitcoin is not that rare on its supply and we can still buy some bitcoins in the market and as long as there is an exchange like coinbase then there wouldn't be a problem in buying bitcoin because we only need to create an account in that wallet and buy bitcoin directly without a problem.

The point of the others is the price, why it is hard to decide to buy a bitcoin even the price is high. The problem is the capital, since bitcoin become popular it's price become high so others need a huge capital to buy a bitcoin.

Your right that it will buy in some exchanger. First of all you can't buy a bitcoin if you have no local currency or dollar and how you make it? Some user put a local currency in their own wallet then buy the bitcoin. It is also a problem because some user like in the province has no chance to buy in store like 7/11.

Ya I think Price place a major role in buying the bitcoin. If you are going to brought the bitcoin means you have to some fees for the Miners.For example, if you spend the dollar to brought 0.1 bitcoin means,you only get 0.08 at your wallet. I.e the cost for the transaction of dollars or any currency to Bitcoin.

[Bingooop]

If you use USD and want Yen you don't necessarily have to exchange them. You can start working for Yen. It's the same with bitcoins. You don't have to buy them you can just start services to earn them. I like it better because then you don't have to give out your ID to some online company!

It's hard to earn bitcoins because of its huge value in marketing and advertising industry and also the best currency in the world and also the world market day by day and I have paid the world

[rachelia13]

I can easily buy Bitcoins through exchangers. I never had any problems with it. You probably just bad service chosen. Find another

So do i, i also easily buy bitcoin through exchangers, just need some ID to verification, the hard for me to buy bitcoin is the bitcoin prices so high so i only can buy a little bit

[bncbnc]

I have not really bought any bitcoin in a while, i have been mostly trading this last year.  but i have been trying to buy today from localbitcoins and bittylicious and it has been a real challenge.  they want photos of me holding cards on localbitcoins and on bitty they need about 4 different forms of id, what is going on.  

this is seriously restrictive to anyone wanting to get into bitcoin,  like its meant to be pseudonymous but if the gate ways into bitcoin dont allow that people will be put off.    

it could be just for legality and identify who the owner of the bitcoin is because it is possible to avoid the criminality of this world, maybe like that

i think through this way the originality of bitcoin will be effecting, i think bitcoin should remain as anonymous and that is the real beauty of bitcoin and most of the people are like bitcoin because of its anonymity,i think  the government should try to find out other ways of preventing the criminal to get the benefit of bitcoin for their illegal activities.

[Morgann]

I have not really bought any bitcoin in a while, i have been mostly trading this last year.  but i have been trying to buy today from localbitcoins and bittylicious and it has been a real challenge.  they want photos of me holding cards on localbitcoins and on bitty they need about 4 different forms of id, what is going on. 

this is seriously restrictive to anyone wanting to get into bitcoin,  like its meant to be pseudonymous but if the gate ways into bitcoin dont allow that people will be put off.   

Lot of wallets need a verification but not all buyers has valid ids. As a student i have only 1 id so how can i verify my account? Some sites dont need any verification but you cannot withdraw your money but you can deposit.

[NS-Soul]

I have not really bought any bitcoin in a while, i have been mostly trading this last year.  but i have been trying to buy today from localbitcoins and bittylicious and it has been a real challenge.  they want photos of me holding cards on localbitcoins and on bitty they need about 4 different forms of id, what is going on. 

this is seriously restrictive to anyone wanting to get into bitcoin,  like its meant to be pseudonymous but if the gate ways into bitcoin dont allow that people will be put off.   

Lot of wallets need a verification but not all buyers has valid ids. As a student i have only 1 id so how can i verify my account? Some sites dont need any verification but you cannot withdraw your money but you can deposit.

I think you can use blockchain or xapo wallet. A lot of wallets also need information and verification. xapo for me is the alternative or just ask your countrymen who use bitcoins what application or sites do they use to withdraw.

[SamsungBitcoin]

I have not really bought any bitcoin in a while, i have been mostly trading this last year.  but i have been trying to buy today from localbitcoins and bittylicious and it has been a real challenge.  they want photos of me holding cards on localbitcoins and on bitty they need about 4 different forms of id, what is going on. 

this is seriously restrictive to anyone wanting to get into bitcoin,  like its meant to be pseudonymous but if the gate ways into bitcoin dont allow that people will be put off.   

Lot of wallets need a verification but not all buyers has valid ids. As a student i have only 1 id so how can i verify my account? Some sites dont need any verification but you cannot withdraw your money but you can deposit.

There are only wallet which requiring 1 identification to verify your account and selfie holding your identification, then after they approved you can buy and sell bitcoin directly to your wallet. I recommend to used wallet which has more security code to make sure your fund is safe.
Just try mycellium mobile wallet this is one of the best wallet i used.

[millgates]

I have not really bought any bitcoin in a while, i have been mostly trading this last year.  but i have been trying to buy today from localbitcoins and bittylicious and it has been a real challenge.  they want photos of me holding cards on localbitcoins and on bitty they need about 4 different forms of id, what is going on.  

this is seriously restrictive to anyone wanting to get into bitcoin,  like its meant to be pseudonymous but if the gate ways into bitcoin dont allow that people will be put off.    

Any company must get permit from government, includes money changer. government is very afraid about money laundering using bitcoin, so that procedure will prevent the crime activity. I hope they will find new procedure that more practically but still can prevent the crime activity.

[Sled]

I have not really bought any bitcoin in a while, i have been mostly trading this last year.  but i have been trying to buy today from localbitcoins and bittylicious and it has been a real challenge.  they want photos of me holding cards on localbitcoins and on bitty they need about 4 different forms of id, what is going on. 

this is seriously restrictive to anyone wanting to get into bitcoin,  like its meant to be pseudonymous but if the gate ways into bitcoin dont allow that people will be put off.   

Lot of wallets need a verification but not all buyers has valid ids. As a student i have only 1 id so how can i verify my account? Some sites dont need any verification but you cannot withdraw your money but you can deposit.

There are only wallet which requiring 1 identification to verify your account and selfie holding your identification, then after they approved you can buy and sell bitcoin directly to your wallet. I recommend to used wallet which has more security code to make sure your fund is safe.
Just try mycellium mobile wallet this is one of the best wallet i used.

Mycelium is a good wallet but i don't use it and i still prefer electrum because it is safer for me and i store most of my bitcoins there because it is a safe wallet for me but for the long term storage i will buy a ledger wallet so i can feel more being safe. For buying bitcoins and selling i use coinbase and i don't have any problem with it and i think that it is the best wallet for buying and selling bitcoin.

[GreenBits]

Dude, it is sooo easy to buy bitcoin.


I dont know where you live. But here in the States, buying into an investment is a lengthy, arduous process. It takes 2-3 days to transfer fiat to an account, a day for a trade to settle, and 3 base days to liquidate a postion and have it reconcile. It will still take the same 2-3 days to withdraw that fiat to your bank account.

I can sell bitcoin on LBC, and have the money in a few hours tops. Same if I buy.

Compared to traditional stocks, bitcoin is like, fast as fuck.

[Kingofbitcoin12345]

If you use USD and want Yen you don't necessarily have to exchange them. You can start working for Yen. It's the same with bitcoins. You don't have to buy them you can just start services to earn them. I like it better because then you don't have to give out your ID to some online company!

@U2 is very correct about it.. It is how we do our own strategy for us to keep our identity.. As years changes many regulations has been implemented but as long as you know how to deal or even separate yourself from this restriction is your job.. Don't think and hope that bitcoin will be the one who will adjust to your needs..