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Author Topic: why is it so hard to buy bitcoin  (Read 30153 times)
whizter
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March 02, 2017, 11:47:52 PM
Last edit: March 04, 2017, 01:11:29 AM by whizter
 #301

Every place have their own bitcoin shop the different is whenever they enable bitcoin transaction on your country.
For example : some country forbid bitcoin usage or even against law

Luckily I have my own local bitcoin which enable me to convert bitcoin into fiat in haste
Yes, that's true. There are bitcoin shops in the local as long as it is approved by the local government. Although there are some country not accepting bitcoin because of its issue of its anonimity even doesn't have exact reason for it to banned. In my country, I'm using a coinsph where you could cash in the wallet then convert it into bitcoin.
i think it is not such a difficult job for me, i think i can buy bitcoin in a friction of time. although in very start when i was very new in bitcoin it was problem for me but now the situation has change now i am using Urdubit which is providing superb service to us. i think it willals bea new trading.

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March 03, 2017, 03:09:19 AM
 #302

I can easily buy Bitcoins through exchangers. I never had any problems with it  Grin
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March 03, 2017, 03:42:09 AM
 #303

I can easily buy Bitcoins through exchangers. I never had any problems with it  Grin
Yes, in my local exchanges I can easily Buy/Sell my Bitcoin instantly but that's depends on your location. For those who wants to invest their money into Bitcoin and want to get an interest from it, they should think twice before buy Bitcoin.

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March 03, 2017, 04:05:37 AM
 #304

To buy this bitcoin is not hard, as long as you have enough money to buy then it will be no matter anymore. But here is the problem, people never know when to buy because for now bitcoin price is so high and we never know when it drops so it is just like gamblijg if you want to buy the coin right now with this price. May be this is the reason many people said hard to buy
It probably has to do with government regulation. Localbitcoins is probably the easiest way to get bitcoin. Meet up with someone and purchase directly. But still..
Nope, local bitcoin is not the easy ways to get bitcoin. You still need verifying your ID. and i think just try to get your gift cards and sell them through use the escrow to get your bitcoin is really easy rather than buy on the bitcoin exchange site.

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March 03, 2017, 04:11:57 AM
 #305

If you want to buy bitcoin from an exchange or from a registered firm, you will have to file in your KYC documents and wait for 4 to 5 days to transfer fund to buy bitcoin. However, if you can use sites such as localbitcoins then, I guess you could buy even faster. Or you can buy from an individuals face to face or using escrow from bitcointalk site itself. Be sure not to get scammed.
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March 03, 2017, 08:46:50 AM
 #306

I have tried to buy bitcoin only one ce and this transaction didn't have any success. I have tried YoBit and this transaction didn't passed. Can you recommend another exchanger where I can buy a bitcoin?


There are many sites from where you can buy bitcoins and also sell your bitcoins, I would  suggest you  localbitcoins.com for buying and selling of your bitcoins because this site is one of the best site and a safe too. Try localbitcoins for buying coins i am sure you will have a good or better experience than Yobit.

I have used, like some members before me already said, the localbitcoins too, using the option of national bank aka web banking. Always the transaction was smooth in a few minutes. Of course me as buyer and the seller knew each other the real names but there was not any other process or any hassle. Moreover, there is the option of ATM crypto where some have the nice feature of fiat to crypto and vice versa but maybe the fee is high. In addition, even though is not common, in some countries there is a handy smartphone application which is named as  chip-chap but is limited to four countries till now.
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March 03, 2017, 02:03:49 PM
 #307

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

Never ever i needed to give any of my ID information when i wanted to buy bitcoin. Do you have a bank account because it's the most easy and fast to buy bitcoin and you won't need to use site like localbitcoin or ugly site like bittylicious
It is really easier than most people think, it does not require any bank account or any id to buy bitcoin, there is a site called local bitcoin where you can find many traders based on what you want and where are you located weather with bank transfer, PayPal or even direct cash if you can find one near you.
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March 03, 2017, 08:26:40 PM
 #308

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

Never ever i needed to give any of my ID information when i wanted to buy bitcoin. Do you have a bank account because it's the most easy and fast to buy bitcoin and you won't need to use site like localbitcoin or ugly site like bittylicious
It is really easier than most people think, it does not require any bank account or any id to buy bitcoin, there is a site called local bitcoin where you can find many traders based on what you want and where are you located weather with bank transfer, PayPal or even direct cash if you can find one near you.

Yes, I agree with you - buy now Bitcoin is easy. But we must do it at least once to see how everything happens. I, too, was afraid for the first time to make this deal. But now everything is very easy
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March 03, 2017, 09:04:04 PM
 #309

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

You need to get mad on this things or you don't have to worry because it is very normal for the exchange platform to get the information of their client for the security purposes only. And you have 2 option that you can do 1st follow what they want you to do or don't follow their rules restriction on buying bitcoin.
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March 03, 2017, 10:09:07 PM
 #310

Its so hard to buy bitcoin now in peer to peer because they choose to keep it for they long investment.  Because they know the potential of bitcoin and they know how much they get profit in a future.
If you want to buy bitcoin i think go in bitfinex,c-cex and many more trading platforms its easy to buy bitcoin in online trading platform than to peer to peer.
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March 03, 2017, 11:01:33 PM
 #311

It isn't actually too hard to actually purchase bitcoin it's just people have given it a value or
maybe the first person to sell bitcoin after the huge increase decided that i should sell my bitcoin
for a more percentage of amount than the actual price and of course people are like sheep and
started following and like this it literally became a trend.
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March 03, 2017, 11:36:43 PM
 #312

To buy this bitcoin is not hard, as long as you have enough money to buy then it will be no matter anymore. But here is the problem, people never know when to buy because for now bitcoin price is so high and we never know when it drops so it is just like gamblijg if you want to buy the coin right now with this price. May be this is the reason many people said hard to buy
It probably has to do with government regulation. Localbitcoins is probably the easiest way to get bitcoin. Meet up with someone and purchase directly. But still..
You are right in my city itself I saw a guy getting arrested for trying to buy bitcoins.

Basically what these government officials do is they make fake accounts and trades listing on LBC and they wait open mouth for innocent people. One myth that I seriously offend is that people think if someone is buying bitcoins than he has black money, due to this a lot of problem is happening.
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March 03, 2017, 11:55:46 PM
Last edit: March 04, 2017, 12:11:23 PM by el kaka22
 #313

I can easily buy Bitcoins through exchangers. I never had any problems with it  Grin
Problem comes for those who don't have much options left rather than meeting someone and paying them hard cash.
The problem in this trade is that you might come across serious legal problems as you might be dealing with a cyber crime branch's official and hence ending up either telling them everything or getting up screwed.

For those like me who have a lot of guys taking e-wallet money which can't be traced its simple as hell to buy and sell bitcoins.

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March 04, 2017, 10:00:00 PM
 #314

To buy this bitcoin is not hard, as long as you have enough money to buy then it will be no matter anymore. But here is the problem, people never know when to buy because for now bitcoin price is so high and we never know when it drops so it is just like gamblijg if you want to buy the coin right now with this price. May be this is the reason many people said hard to buy
Probably the easiest way to buy bitcoin is through localbitcoins the only problem is you will need to pay a little over the currency price of bitcoin but most of the time is not much, many vendors accept different ways of payment like face to face trades or a bank deposit.

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March 05, 2017, 06:58:38 AM
 #315

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

You need to get mad on this things or you don't have to worry because it is very normal for the exchange platform to get the information of their client for the security purposes only. And you have 2 option that you can do 1st follow what they want you to do or don't follow their rules restriction on buying bitcoin.
One simple way a friend of mine when I was new told me was to buy dollars in these of any : perfectmoney, paypal payza, etc and once you have uploaded simply buy bitcoins with them.

This way you can never be traced since government or any one never doubts these payment processors and hence its quite simple. That advice he gave me is yet very useful and one that I personally follow.
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March 05, 2017, 07:04:57 AM
 #316

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

You need to get mad on this things or you don't have to worry because it is very normal for the exchange platform to get the information of their client for the security purposes only. And you have 2 option that you can do 1st follow what they want you to do or don't follow their rules restriction on buying bitcoin.
One simple way a friend of mine when I was new told me was to buy dollars in these of any : perfectmoney, paypal payza, etc and once you have uploaded simply buy bitcoins with them.

This way you can never be traced since government or any one never doubts these payment processors and hence its quite simple. That advice he gave me is yet very useful and one that I personally follow.
Today, many payment systems have to deal with bitcoin, even WebMoney recently offers bitcoin wallets. By now, these systems have requested all data on the owners, so that transactions with bitcoin they TER informed.
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March 05, 2017, 07:16:36 AM
 #317

I have tried to buy bitcoins once when I was needed to transfer big money to abroad. I wanted just to skip taxes and fees of ordinary banks, but i just couldn't - the operation just couldn't be provided. After this fail I didn't try to buy bitcoins, I just decided to put on side some % of my monthly earnings and that's it.
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March 05, 2017, 03:37:28 PM
 #318

Its so hard to buy bitcoin now in peer to peer because they choose to keep it for they long investment.  Because they know the potential of bitcoin and they know how much they get profit in a future.
If you want to buy bitcoin i think go in bitfinex,c-cex and many more trading platforms its easy to buy bitcoin in online trading platform than to peer to peer.
They keep it for long investment ? What you mean brother because I have never seen a site that digest your money and rather than giving you bitcoins in return gives you a promise of paying with interest ..

Please can you tell us what actually you meant ? I am sorry if I missed something but really confused.

Peer to Peer you mean you meet someone online and buy ? Because I am doing 99% of exchanges like doge/btc, eth/btc peer to peer only.
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March 05, 2017, 05:39:59 PM
 #319

Well, now i have no any experience to buy the bitcoins. Because i started from faucets and signature campaign and also i did some work in service section, that's why i get 1 bitcoin, also it is enough for me.
But as you said than i am also confused, may be in future whenever i want to buy bitcoin, than it will be difficult for me.









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March 05, 2017, 05:59:15 PM
 #320

in my country is not so difficult to buy bitcoin
in my country to buy bitcoin could use the money or tokens handphone
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