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Author Topic: why is it so hard to buy bitcoin  (Read 30153 times)
xuv500
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January 17, 2018, 10:04:43 AM
 #841

Hope you are sticking in to a same agent or app for bying bitcoin. Hope there's no special documents or photo required to buy bitcoin in $. There are so many sites available to buy bitcoin with some transaction fees, search for those which have minimal document and buy a one. In my country I can buy bitcoin through exchange from my bank account fiat, try for a one like that if your country exchange has a one.
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Menuotares
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January 17, 2018, 10:15:52 AM
 #842

So true. Nowadays, to make purchase bitcoin is quite complicated by various rules such as verification ID or the like. This becomes a quite disturbing obstacle in my opinion. In fact, I have a bitcoin in altcoin exchanger which until now can not withdraw. Yes, because factor ID verification always rejected.
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January 17, 2018, 11:55:31 AM
 #843

So true. Nowadays, to make purchase bitcoin is quite complicated by various rules such as verification ID or the like. This becomes a quite disturbing obstacle in my opinion. In fact, I have a bitcoin in altcoin exchanger which until now can not withdraw. Yes, because factor ID verification always rejected.





It is not hard or difficult to buy bitcoins as long as you have money. There are many site at the enternet who offers and sells btc,  just seek the right, trusted and legit sellers to avoid scammers.
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January 17, 2018, 03:18:10 PM
 #844

I think it's pretty easy to buy bitcoin because there are already many exchangers who sell bitcoin or altcoin. you just need to find out which exchange is selling bitcoin easily.
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January 17, 2018, 04:45:03 PM
 #845

Yes it all depends upon specific region but the world is changing and you can purchase your coins with credit card. 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.
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January 17, 2018, 04:49:49 PM
 #846

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 and very difficult to buy bitcoin because bitcoin every day the price is more expensive, if you know the total supply bitcoin is very limited
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January 17, 2018, 05:02:43 PM
 #847

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 dont have a bad time for buying bitcoins because i just go to 7 11 and load my wallet and then wait until its confirmed then i will just convert my money to bitcoins so it is not really hard to buy some bitcoin or i can also buy bitcoins to the money transfer. This is the fastest way that i know and not too many requirements.
If you having a bad time buying some bitcoins then you must research more.
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January 17, 2018, 05:16:16 PM
 #848

for now there are many markets that provide the exchange from fiat to bitcoin. so, very easy to process the exchange. in my country it is still very easy to buy bitcoin, but, there are some issues that make it a problem.

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ongkok87
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January 17, 2018, 05:20:54 PM
 #849

I think it's pretty easy to buy bitcoin because there are already many exchangers who sell bitcoin or altcoin. you just need to find out which exchange is selling bitcoin easily.
it's true that now there are so many markets that provide the exchange from fiat to Bitcoin. so it is very easy to process exchange between paper currency and bitcoin. and in my country it's still very easy to buy bitcoin.

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jaylhynne018
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January 17, 2018, 05:23:42 PM
 #850

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
because bitcoin now is so expensive that's why the other cannot buy. but its not hard to have bitcoin just believe in your self you can do it!

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January 17, 2018, 05:27:27 PM
 #851

I think in future it will become even harder to buy and sell bitcoin.
The governments want to participate at the earnings and get their share of taxes. Somehow I can understand that.
Besides, crypto currencies were used for some unhonest business models in the past. Verifications can help to reduce those sam attempts.
The more popular bitcoin becomes ther more regulated it will be.

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January 17, 2018, 05:48:07 PM
 #852

It really just depends on your country and the exchange you're using. I like using KuCoin shares since they dont have an annoying verification process, but you'll have to find out which one really works the best for you.
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January 17, 2018, 05:57:07 PM
 #853

I guess by uploading the identity to buy bitcoin is not a difficult requirement, it can prevent misuse of bitcoin in online or offline. I think that's a good requirement and not too difficult. I personally also do that several times in some exchanges. So I guess buying bitcoin is not as hard as it is imagined.

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January 17, 2018, 06:13:12 PM
 #854

It will not be hard to buy now since has flucked down dramatically in value. I dont know what do you mean when you say hard. Hard because it is expensive or hard because people are afraid to decide to buy due to it’s unstability in price or afraid to be scammed?

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January 18, 2018, 06:04:12 AM
 #855

Maybe because of the lower value of bitcoin. More and more people are buying because of low value. But it is not so hard cause if you have enough money you can buy your bitcoin anywhere.
The fact is the market value of bitcoin even after falling up to this much value is very much high and it is not at all possible for most of us to afford buying of bitcoin even most of the people do really want to invest in bitcoin but couldn’t manage to do so just because of lack of resources. This present time is the prime to invest and buy some bitcoins as the market value of bitcoin is quite low.
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January 18, 2018, 06:13:54 AM
 #856

I think it became so hard to buy Bitcoins, first of all, because of its price. The price is too high, that`s why lots of people choose to hold Bitcoins, not sell them. There are limited number of this crypto currency, so people don`t wsnt to lose them. They see in Bitcoin a chance to become rich. They hold their coins and wait for the price increase.
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January 18, 2018, 06:14:33 AM
 #857

Maybe because of the lower value of bitcoin. More and more people are buying because of low value. But it is not so hard cause if you have enough money you can buy your bitcoin anywhere.
The fact is the market value of bitcoin even after falling up to this much value is very much high and it is not at all possible for most of us to afford buying of bitcoin even most of the people do really want to invest in bitcoin but couldn’t manage to do so just because of lack of resources. This present time is the prime to invest and buy some bitcoins as the market value of bitcoin is quite low.
Maybe you should first learn basic information about Bitcoin. Bitcoin prices are very expensive and continue to increase. Especially now, the price of Bitcoin is much more expensive now than it was a few years ago. Second, not everyone wants to sell their Bitcoin, some people would prefer to save and invest their Bitcoin for sale in the future. That's because we can get profit if the price goes up. Third, actually buy Bitcoin is not difficult. You just have to find the right exchanger to do that. Not a trading site I mean, but a stand-alone individual exchanger. As in my country, such exchangers are numerous. But we have to find a reliable one.
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January 18, 2018, 07:51:55 AM
 #858

In my opinion, We already know that investing on the bitcoin is a better investment, but we also know that buying bitcoin is too hard, if the price of it in the market is too high.  Purchase bitcoin at the top rate is too choosy because possible to drop or they big chance to lose your profits. I suggest if you want to start investing to the bitcoin this right timing to buy the bitcoin because the price of the bitcoin and altcoin drop if you buy on the dip price there is big chance to double or triple your profits.
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January 18, 2018, 08:42:35 AM
 #859

It is not that hard you can buy easily some bitcoins when you have your wallet by blockchain. You can even buy some ETH and btc together there so you will not have a problem.I am in a third world country though the government regulated local exchanges and warned us of possible scams and fraud but still we don't have any problems in buying and selling Bitcoins.
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February 06, 2018, 04:45:53 AM
 #860

It is not that hard you can buy easily some bitcoins when you have your wallet by blockchain. You can even buy some ETH and btc together there so you will not have a problem.I am in a third world country though the government regulated local exchanges and warned us of possible scams and fraud but still we don't have any problems in buying and selling Bitcoins.


yeah, actually in our country we can easily buy bitcoin without any hassle.  what we need to do is, we just need to put funds in out wallet then after receiving our funds in out wallet we can now start buying bitcoin my simply putting our desire amount to convert it into bitcoin, that's how easy it is buying bitcoin in our country. but of coarse you need to do some safety precautions to avoid some scammers around. i usually use 2fa factor so that i will hard for them to hack my account. Wink Wink Grin
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