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Author Topic: why is it so hard to buy bitcoin  (Read 30153 times)
robotrobert
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November 15, 2017, 07:27:20 AM
 #741

In my country it is a bit hard to buy bitcoins, but i know thar bitcoins and other crypto is not illegal. But it is a bit hard to do it.I always have to deal with fiat money in shops.I think it will be in a couple of years.
It seems so happy moment when I read such news, bitcoin is making progress in your country while here in our country, and bitcoins are banned with no reason. You can’t deal with them even you can’t make any transaction in it. Still we are hopeful for the best time coming ahead when we will be using bitcoin ATMs and selling them easily. Our lives will be fantastic, hopefully.
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UchihaRukawa
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November 15, 2017, 07:38:49 AM
 #742

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.    Huh

I think bitcoin is not hard to buy or anything, if you have a trading account in some trading sites then thats it, I think that is all you need, what is hard, is the process of confirmation by other local wallets, they are the one needing those pictures and personal informations. But buying bitcoin isn't that hard.

pokeronlinestatus
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November 15, 2017, 10:40:36 AM
 #743

I dont think you can buy bitcoin because all I know is thay you can have bitcoin buy earning it,Specially here in this site you can earn alot of bitcoin if you will work fulltime in joining a signature campaign.
Why are you discouraging the people even when they are buying the bitcoin and having the safe about the bitcoin, now a lot of the people are buying the bitcoin and they are holding for the long time, I am very sure in the future a lot of the people will hold the bitcoin to the best value and the income, as much as you want we are having the profit and it is now increasing in the value and the price.
Visbay
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November 15, 2017, 12:10:25 PM
 #744

It wa relatively hard to buy bitcoin 3 years ago but today, in 2017, it is way more simple.
There are so many well know places, with a good reputation where you can buy BTC.
In my opinion, buying of bitcoin is really hard and in fact very much difficult if you are not having this much of resources that you actually can afford buying of bitcoin. It is because of the reason that the market price of bitcoin is very much high and at the very present moment, it is at its peak value. You really need to work hard and put in your best if you actually want to earn bitcoin through some means.
I think when the price go high then it’s very hard to buy bitcoin because bitcoin price is very high than any other currency and always buy bitcoin when the price is low and that’s what I’m doing here from a long time and I never buy bitcoin when the price is high because I can’t afford to buy bitcoin when the price is high so need to wait for a right time.
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November 15, 2017, 12:57:05 PM
 #745

It wa relatively hard to buy bitcoin 3 years ago but today, in 2017, it is way more simple.
There are so many well know places, with a good reputation where you can buy BTC.
In my opinion, buying of bitcoin is really hard and in fact very much difficult if you are not having this much of resources that you actually can afford buying of bitcoin. It is because of the reason that the market price of bitcoin is very much high and at the very present moment, it is at its peak value. You really need to work hard and put in your best if you actually want to earn bitcoin through some means.
I think when the price go high then it’s very hard to buy bitcoin because bitcoin price is very high than any other currency and always buy bitcoin when the price is low and that’s what I’m doing here from a long time and I never buy bitcoin when the price is high because I can’t afford to buy bitcoin when the price is high so need to wait for a right time.
If you can't afford a whole bitcoin when the price is high then just buy piece by piece because that is how you can get a whole amount of bitcoin. Regular investing will help you to have a good bought price for bitcoin and that is how you can deal with the high volatility of the price of bitcoin so even though you can't afford it in instant process you can still get it by piece by piece.
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November 16, 2017, 03:40:53 AM
 #746

I think it mory easy than any assets like bonds, gold,
shares. But actually its price is too high now, very risk y...
 
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.    Huh
barbara44
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November 16, 2017, 04:52:46 AM
 #747

LocalBitcoin is the easiest method to buy your Bitcoin no  personal information is going to be supplied, the problem is just that you will buy at high quality over the market price but for me it worth it.
I think it’s not hard to buy bitcoin any one can buy bitcoin because bitcoin is here for every level of society and to buy bitcoin you just need a hard work if you start struggle here so I’m sure that you can buy bitcoin because when I was not a part of bitcoin so I was also thinking same like you but when I take a start so now I’m investing here.
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November 16, 2017, 05:48:53 AM
 #748

In my country it is a bit hard to buy bitcoins, but i know thar bitcoins and other crypto is not illegal. But it is a bit hard to do it.I always have to deal with fiat money in shops.I think it will be in a couple of years.
It seems so happy moment when I read such news, bitcoin is making progress in your country while here in our country, and bitcoins are banned with no reason. You can’t deal with them even you can’t make any transaction in it. Still we are hopeful for the best time coming ahead when we will be using bitcoin ATMs and selling them easily. Our lives will be fantastic, hopefully.

Reading your sentiments I feel lucky that here in my country even though bitcoin didn't formally acknowledge by the government we can use bitcoin any where and any time without restrictions. We can use it to buy goods and pay our bills and we can convert bitcoin into fiat without additional tax. But we don't have any bitcoin ATM and stores that accept bitcoim but still we feel very fortunate. And personally, I didn't find bitcoin as hard to buy because here we can easily buy in a convenience store or buy in some people that also enthusiasts.

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Wong Gendheng
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November 16, 2017, 06:38:19 AM
 #749

In my opinion, people are getting hard in buying bitcoin because they feel the price is expensive and they think the bitcoin price is unlikely to rise again, then what happens is the price keeps rising and expensive making people more and more hard to buy bitcoin.
_Dawid_
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November 16, 2017, 07:24:25 AM
 #750

But you can't treat it such way, but it also depends what do you need bitcoin or any pother currency for... You mainly must put you identity for exchange or bank because that want to know if you do not use that money illegal. Giving the identity to banks is a standard, but giving your name address etc. for random exchange it is for me strange. Because mainly that exchanges works without your country's law / restrictions and are not authorized as safe... So you better find new exchange.
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November 16, 2017, 07:28:15 AM
 #751

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.    Huh
The reason behind this is that because bitcoin's price for now is very high. If you own bitcoin you will regret if the price of bitcoin rose up but you've sold it in low price. Bitcoin's price is pumping up so that many holders didn't want to lose this chance for their money to grow.

robotrobert
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November 16, 2017, 08:08:09 AM
 #752

It is hard to buy bitcoin in light of the fact that many individuals are not yet conscious of it. They do not recognize what exactly is it and also the employments of it. So it's difficult additionally to alter over it into fiat. I trust quickly many people knows about this so utilizing bitcoin could be more helpful for us.
Don’t worry it happens with everyone on this planet earth. Whatever is making the progress like out of the box that is being treated in such a bad manner? Same happened with bitcoin, it has showed some marvelous feats of success in such a short time still there are countries who are banning it. And people, they are not accepting it mostly because of its virtual environment.
mifanmuzny
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November 16, 2017, 08:36:50 AM
 #753

There reason for this is the value is being appreciated day by day. Trust me if u are still hoping to wait u are wasting ur time looking for an entry point get in while its still young
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November 16, 2017, 09:08:45 AM
 #754

We need more ATM machines to buy bitcoin. Or we need some popup stores to buy bitcoin.
This will open a new business opportunity due banks are not selling bitcoin at the moment.
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November 17, 2017, 08:11:15 PM
 #755

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.    Huh

What is the problem with wanting to know your customers and making sure the money is legit? The only reason I can think of for getting upset by this procedure is if you wanted to evade paying taxes somewhere. And if that

is your qualm with them doing AML KYC procedures then you are way out of line here. I for one welcome and like more regulation in the industry it will only help us all I feel like.

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November 17, 2017, 10:25:51 PM
 #756

Bitcoin is the biggest reason behind the hardness of buying because the price of Bitcoin is gradually increasing.
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November 17, 2017, 11:47:18 PM
 #757

It also depends on a country where are you living, for example in my country we dont need to give any webisite our private information to recieve payment. But it's already have a big impact on a market and new methods of deposit available and they are easier comparing to local bitcoin and have better options to purchase


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November 17, 2017, 11:48:46 PM
 #758

The price of bitcoins is increasing day by day and that is main reason or problem for buying bitcoins as at current price not many people would be in position to make investment in bitcoins as if they invest now and if price crashes in future then they will easily get panic and will dump their coins at lower price which will eventually unprofitable decision to make.
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November 18, 2017, 03:30:32 PM
 #759

When you do not have a lot of money it's hard to buy something so expensive
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November 18, 2017, 03:32:27 PM
 #760

When you do not have a lot of money it's hard to buy something so expensive

expensive? you talk about bitcoin? because it is only going up and it is not ready to stop
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