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Author Topic: why is it so hard to buy bitcoin  (Read 30153 times)
alexsamudra
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May 31, 2017, 03:54:34 AM
 #441

Yes, it's really so difficult to buy bitcoins as to how this difficulty can be overcome quickly.
PhilPrime
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May 31, 2017, 06:58:22 AM
 #442

Yes, it's really so difficult to buy bitcoins as to how this difficulty can be overcome quickly.


It's difficult now for its value quite increase and other wants to keep it now than ti sell it.

itsallpc
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June 21, 2017, 06:34:16 AM
 #443

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
Yes,some of members for selling or buying their bitcoins,they request KYC to find the identity of customer.They might have been asked by respective governments to follow such strict measures to avoid money laundering and illegal activities.
arpon11
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June 21, 2017, 06:45:18 AM
 #444

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 most easiest way to buy bitcoin now is purchasing it through black market from the local person in your area. I do sell mine face to face and I take it to be the most save and easy transactions. Localbitcoin will like to do that because of bitcoin fall into the hand of evil men or terrorists.
Tungsten-1
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June 21, 2017, 08:53:45 AM
 #445

Yes, it's really so difficult to buy bitcoins as to how this difficulty can be overcome quickly.


It's difficult now for its value quite increase and other wants to keep it now than ti sell it.

Yeah its price very increase in this reason some peoples has  difficult to buy bitcoin but do not worry they has to buy bitcoin in little amount if they has a financial problem and those people have a lot of money they has no problem to buy bitcoin because many exchanges are available which they can buy bitcoin easily.
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June 21, 2017, 09:12:41 AM
 #446

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
Yes,some of members for selling or buying their bitcoins,they request KYC to find the identity of customer.They might have been asked by respective governments to follow such strict measures to avoid money laundering and illegal activities.
The recent activities by the goverment to prevent the money laundering and illegal activities make the more exchange are trying to implement KYC and AML verification. but i think there is not problem if the users haven't bad intention.

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btcjocan
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June 21, 2017, 10:00:00 AM
 #447

With the very expensive price of bitcoin nowadays, it's so hard to buy bitcoin because you could not expect to get profit anymore despite of the huge price, and you can't expect any increase in the marketplace. You can only resource from micro jobs in services section from forum discussions like signature campaigns that earns good amount of btc, and you can use it to hold for a long term. The price will eventually increase while you hold it for several days or months, but needs a lot of patience waiting for the profit. Good thing of that bitcoin earned is you are not buying it, so it's worthy to have an impression of good profit without any investment; but rather a hardwork from btc jobs you learned.
zulkarnaen
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June 21, 2017, 10:19:44 AM
 #448

This is definitely a good thing for bitcoin users who can not afford it, with a bit of patience to get bitcoin from various bitcoin revenue sources like working on a captcha tap or following a signature campaign if it qualifies as a participant. Of course it can be used for trading or Even if investment starts from a small scale if done regularly and consistently will be big.
Kp4everK
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June 21, 2017, 10:21:57 AM
 #449

Now, mainly because of the high price, not everyone can afford to buy coins, but they can earn or sell unnecessary things for bitcoins.

bitcoinstress
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June 21, 2017, 12:37:23 PM
 #450

Now bitcoin have good popularity in every country. Is not hard to buy bitcoin, you can easy find local currency or you can buy at biggest exchanger.

bitbob82
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June 21, 2017, 12:41:25 PM
 #451

Yes, it's really so difficult to buy bitcoins as to how this difficulty can be overcome quickly.


It's difficult now for its value quite increase and other wants to keep it now than ti sell it.

Yeah its price very increase in this reason some peoples has  difficult to buy bitcoin but do not worry they has to buy bitcoin in little amount if they has a financial problem and those people have a lot of money they has no problem to buy bitcoin because many exchanges are available which they can buy bitcoin easily.
yes it is now getting out of the hand of average people but to me i think if the trade in satoshi still they can get good profit. because it is still depending on the amount you are going to invest, if you will invest good amount your income will be good.
samputin
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June 21, 2017, 01:08:34 PM
 #452

This is all about the price, the price of being not stable of bitcoin is the reason why it is hard to buy bitcoin. No assurance to get a profit in just one moment, we need a time to get an income. And because sometimes they need to sell when we encounter an emergency.

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June 21, 2017, 03:29:03 PM
 #453

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!
I got your point. Bitcoin is usually based on the price of dollars so for other country or developing country like japan or others it may hard for them to buy bitcoin on their currency because the value on it to dollars is way to small or not equal in terms of price on bitcoin. So risking a lot of money may be a hard thing for some. So I recommend to have a source of income though signature campaign where you can earn bitcoin without using your own money. For me its better to work hard while earning to learn more.
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June 21, 2017, 03:49:15 PM
 #454

I remember 2 years ago or so it was hard to get Bitcoins if you didnt want to provide your ID's and link your banks with the exchanges. But nowadays Here in Georgia at least there are special ATM's every 400-500 meters that let you buy bitcoins with Cash and it doesnt require any kind if ID or Bank confirmation. Pretty Neat I would say.


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June 21, 2017, 04:17:56 PM
 #455

If at your time it's hard to buy bitcoin, well right now it is much harder than it was with regards to it's current price it is so rare to find any bitcoin that has low price. And there's a lot of scammers nowadays that they offer low price of bitcoin but the next time you try to reach them, they're gone just like bubble, that's how bitcoin hard in this year, so you really also have to work hard to buy for it or own  some.
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June 21, 2017, 04:57:05 PM
 #456

Probably because of the current high bitcoin price factor so that to buy it would require a wiser consideration again.and I will try to hold bitcoin i have as a passive investment for future
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June 21, 2017, 05:57:16 PM
 #457

If at your time it's hard to buy bitcoin, well right now it is much harder than it was with regards to it's current price it is so rare to find any bitcoin that has low price. And there's a lot of scammers nowadays that they offer low price of bitcoin but the next time you try to reach them, they're gone just like bubble, that's how bitcoin hard in this year, so you really also have to work hard to buy for it or own  some.
The price of the bitcoin is one major problem why people are not buying bitcoins. And why you buy bitcoins with the 3rd person there are so many trusted sites are available, and they sell bitcoins and they buy bitcoins you can use this service and do trading. Don't ever trust any 3rd person in this matter. They will cheat you quickly. After you lose your money, it is impossible to get back your money. 
Chin Cheng
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June 21, 2017, 07:46:27 PM
 #458

Probably because of the current high bitcoin price factor so that to buy it would require a wiser consideration again.and I will try to hold bitcoin i have as a passive investment for future
The major reason for these sort of verification is mainly because to counter illegal funds,credit card frauds and hacked funds and so is the reason every online services that deals with money is taking it serious to avoid serious issues as they do not want to lose money and if there is a legal proceeding they can very well provide the details which would help them track the criminals.
John Wick
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June 21, 2017, 08:15:52 PM
 #459

Probably because of the current high bitcoin price factor so that to buy it would require a wiser consideration again.and I will try to hold bitcoin i have as a passive investment for future
The major reason for these sort of verification is mainly because to counter illegal funds,credit card frauds and hacked funds and so is the reason every online services that deals with money is taking it serious to avoid serious issues as they do not want to lose money and if there is a legal proceeding they can very well provide the details which would help them track the criminals.

Yes this is neccessary in order to fight money laundering, financial crime and terrorism funding actions. A control over its transactions is neccessaryly needed to maintain economical peace.
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June 22, 2017, 09:15:44 AM
 #460

If at your time it's hard to buy bitcoin, well right now it is much harder than it was with regards to it's current price it is so rare to find any bitcoin that has low price. And there's a lot of scammers nowadays that they offer low price of bitcoin but the next time you try to reach them, they're gone just like bubble, that's how bitcoin hard in this year, so you really also have to work hard to buy for it or own  some.

That's why you use an exchange instead of looking for a guy that will give you "discounts" on bitcoin. There's no reason for him to give you discounts at all since he can sell his bitcoins on current price using exchanges. It will take lesser effort as well. People always look for discounts and most of them gets scammed.

You should look for a reputable member here if you're not able to use exchanges in your country. A lot of them are here and even though they require that you send money first, it doesn't matter since they are not going to ruin their trust just for a small amount of money. They will earn much more in the long run if they continue being a trusted seller of bitcoins.

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