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Author Topic: why is it so hard to buy bitcoin  (Read 30153 times)
makolz26
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November 18, 2017, 03:40:43 PM
 #761

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.
It is easy to buy bitcoin actually the hard thing there is the price itself, it is so hard for us to give up our hard earned money just to buy an expensive bitcoin, and if we did not invest or buy bitcoin afterwards we are regretting the moment when we had chance but choose not to buy bitcoin, our life will full of regrets if we did not take risk and thinking it is hard.
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November 18, 2017, 03:42:09 PM
 #762

Bitcoin is the biggest reason behind the hardness of buying because the price of Bitcoin is gradually increasing.

Ya price is the one of the reason for hard to buy a Bitcoin.Now the price of bitcoin is around the value of 7700$.Before a 3 months the price of bitcoin is only 3000$.Many invested in bitcoin ,now it's double the value.It's the reason for reduce of bitcoin buying.But still you can inverse in bitcoin to get profit ,since the value will  raised to 8000$+.

mriansa
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November 18, 2017, 03:56:22 PM
 #763

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

buy it very easily, maybe you mean is the price is too expensive? yes this has become a fundamental thing for goods that are very difficult to get it will be more expensive as bitcoin.semakin more difficult and higher demand.
50ouncebrew
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November 18, 2017, 10:09:29 PM
 #764

Bitcoin is the biggest reason behind the hardness of buying because the price of Bitcoin is gradually increasing.

Ya price is the one of the reason for hard to buy a Bitcoin.Now the price of bitcoin is around the value of 7700$.Before a 3 months the price of bitcoin is only 3000$.Many invested in bitcoin ,now it's double the value.It's the reason for reduce of bitcoin buying.But still you can inverse in bitcoin to get profit ,since the value will  raised to 8000$+.

Do you really think OP is talking about the price of Bitcoin being why it is hard to buy? Obviously this isn't the case. They are suggesting that it is very hard to buy Bitcoin in general, because maybe there aren't many places to buy it in their country, or perhaps they are a complete beginner. Don't you remember when you first started using Bitcoin and how hard it was to buy? When I first found out about it, I thought it was nearly impossible to buy.



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christian07
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November 18, 2017, 11:02:34 PM
 #765

Its so easy to buy bitcoin here like in our country you need only to click in one second then you have bitcoin.I think in coinbase also you can buy a lot of bitcoin.I think you say hard to buy because you dont have money and the price is high but for me i think buying now then sell it in high you only need to wait
Astermony
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November 18, 2017, 11:04:16 PM
 #766

From my local exchange, I have not had any difficulty buying bitcoins. But when I was still completing requirements, they asked for my IDs and photo of myself holding an ID. After that, it is all good.


I think it depends on the country we are living. Because there are some countries that they have no difficulty of buying bitcoin. They will just give their payment and then they can have their bitcoin already. So that will really depend on the country maybe some countries they will have difficulties but some countries don't have any difficulty.
Clark05
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November 19, 2017, 03:06:03 AM
 #767

My country you can buy bitcoin even you dont have ID but you can't cashout  your bitcoin or convert to cashout. But i use only selfie Id verification and you can now access what ever they have service. I dont know why in your country it's very hard to buy bitcoin . Because you can buy bitcoin with normal exchanges site try to use it .
Jeremiesaranza
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November 19, 2017, 04:36:56 AM
 #768

It's hard to buy Bitcoin,one thing is you will undergo investigation and proofs of being a legalize citizen of your own country like presentings valid I'd..

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expertofexperts
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November 19, 2017, 05:42:55 AM
 #769

I feel the simple reason is - firstly being irreversible and other is you cannot complaint to anyone when you get cheated.
Whitly
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November 19, 2017, 05:47:58 AM
 #770

Don't think it's really hard to buy bitcoins atm, I can even say that it way easly as it was year or two ago , even at local bitcoins, you need just confirm once your identity card.
larrylegend33
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November 19, 2017, 08:19:16 PM
 #771

I am using and Paxful, approximately i made 20 transactions without any problem. I recommend.

https://paxful.com/
deadthings
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November 19, 2017, 08:26:47 PM
 #772

It is and it isnt cause if you are into bitcoins for some time you have lots of types of getting it by work/ trade/ friends so just try one of them. Or just buy it and hodl in wallet.

Kiweikoo
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November 21, 2017, 06:53:35 AM
 #773

It all depends on which country you reside in. For instance, exactly where bitcoin is well-liked, you can easily buy it. As well as in individuals nations exactly where little is famous about it, it will be hard to do. But most likely. You will find electronic repayment methods you can use in almost any nation
There is hardly any reason to deny this fact that earning of bitcoin and that too at the time when it is having its peak value is a very much difficult thing to do. There is still a possibility of earning some bitcoins. It all depends on how motivated you are in earning of bitcoin. You can join signature campaign or any other campaigns like this and you will be able to make good earnings of bitcoin.
Bitcoin is very popular among people now especially shoe who are involved in freelancing or in any related to digital world. Bitcoin is the currency which is now in fashion as well and people really like being cool when they make payments with bitcoin.

Bitcoin is obviously staying always in news and important articles related to economy and business. Keep using bitcoin for better future.
prtty2gal2
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November 22, 2017, 01:38:45 PM
 #774

in my opinion there is nothing difficult to buy bitcoin even though currently the price of bitcoin is high, for me will buy it as long as i have the budget to buy bitcoin, because i believe storing bitcoin is certainly a positive and profitable endeavor
Maybe you can able to buy the bitcoins for this high rate, but this is not easy for everyone. Now already it crossed the high rate margin. Before at least a middle class people can buy bitcoins but now for them also it becomes very hard to invest in bitcoins.
Yes, it is all about the demand and supply the demand is more and supply is less this has made bitcoin so rare to find. People need to get into a big process to buy it ass its ownership should be in a legal hand. But earning it is a good option than this as earning will give you more bitcoin than you buy and also very easily and your id is also safe in this. But buying bitcoin will be so completed as it is a very demanded coin in the world now.
charmaine08
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November 22, 2017, 01:45:55 PM
 #775

in my opinion there is nothing difficult to buy bitcoin even though currently the price of bitcoin is high, for me will buy it as long as i have the budget to buy bitcoin, because i believe storing bitcoin is certainly a positive and profitable endeavor
Maybe you can able to buy the bitcoins for this high rate, but this is not easy for everyone. Now already it crossed the high rate margin. Before at least a middle class people can buy bitcoins but now for them also it becomes very hard to invest in bitcoins.
Yes, it is all about the demand and supply the demand is more and supply is less this has made bitcoin so rare to find. People need to get into a big process to buy it ass its ownership should be in a legal hand. But earning it is a good option than this as earning will give you more bitcoin than you buy and also very easily and your id is also safe in this. But buying bitcoin will be so completed as it is a very demanded coin in the world now.

Yes its just because of its rate cause its value is too high so many of us can't afford to buy bitcoin .
Fulmand
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November 22, 2017, 02:21:09 PM
 #776

in my opinion there is nothing difficult to buy bitcoin even though currently the price of bitcoin is high, for me will buy it as long as i have the budget to buy bitcoin, because i believe storing bitcoin is certainly a positive and profitable endeavor
Maybe you can able to buy the bitcoins for this high rate, but this is not easy for everyone. Now already it crossed the high rate margin. Before at least a middle class people can buy bitcoins but now for them also it becomes very hard to invest in bitcoins.
Yes, it is all about the demand and supply the demand is more and supply is less this has made bitcoin so rare to find. People need to get into a big process to buy it ass its ownership should be in a legal hand. But earning it is a good option than this as earning will give you more bitcoin than you buy and also very easily and your id is also safe in this. But buying bitcoin will be so completed as it is a very demanded coin in the world now.

Yes its just because of its rate cause its value is too high so many of us can't afford to buy bitcoin .


First thing that comes to my mind when bitcoin is hard to buy is the price value on a coin marketcap. Because many bitcoiners are holding there bitcoins to sell on a higher price exchange rate. This people are already a traders in many times so they knew when its time to sell it.
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November 22, 2017, 03:37:44 PM
 #777

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

to be honest dude, this requirements are the basic, you can't blame them for the value of Bitcoin is no joke and I'm sure they're not trying to be restrictive but rather being careful.

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November 23, 2017, 04:30:29 AM
 #778

Its just you have to release a large amount of money. Its true that bitcoin is a good investment because we all know that the value is increasing. However, due to its high value, the investment is also high and only few can afford of buying it.
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November 23, 2017, 04:35:26 AM
 #779

Its just you have to release a large amount of money. Its true that bitcoin is a good investment because we all know that the value is increasing. However, due to its high value, the investment is also high and only few can afford of buying it.
Releasing  a huge amount is not really necessary to make profit on bitcoin. If you think its enough for starting well its enough although the risk on putting your money on bitcoin is almost nothing although it has. Dont risk something you cannot afford to lose.
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November 23, 2017, 04:40:08 AM
 #780

For me, it's tough to purchase bitcoin just due to its too high price, but it may be gained.

why tough? you can always buy bitcoins in a small fractions or units like satoshis. even a small amount of satoshis nowadays has a big value when converted to cash. buying them also wont require any of your personal info or anything hassle therefor i can totally say that purchasing a bitcoin is not that hard.
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