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Question: What method did you use to make your first BTC purchase?
Online exchange - 27 (45%)
Local dealer - 6 (10%)
Auction site - 0 (0%)
Physical coin - 0 (0%)
Bought from someone you know/trust - 4 (6.7%)
Mining - 23 (38.3%)
Total Voters: 60

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Valence (OP)
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May 27, 2013, 05:52:43 PM
Last edit: July 17, 2016, 05:57:21 AM by Valence
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JayKEy00
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May 27, 2013, 05:56:56 PM
Last edit: May 28, 2013, 07:53:55 PM by tysat
 #2

MOD EDIT:
See https://bitcointalk.org/index.php?topic=218040.0 as this site is probably a scam


I have now 50 Bitcoins and I made it this way. Registered at MtGox.com and verified my account. That needed 2 weeks and i had to upload my id. After that I made a bank transfer to Mtgox.com, you get all informations to which bank account at their site. Than I bought some Bitcoins and made a new Bitcoin Address at www.bitcoin-address.org. After that I sent my bitcoins to this address and printed it as a paperwallet, this function is at bitcoin-address.org too. Then I put my paper in my safe and now I am waiting for high prices, then I want to sell. Thats it. Good luck!  Smiley
Chrithu
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May 27, 2013, 06:02:09 PM
 #3

The first BTC I bought I got from the Bitcoin.de exchange via SEPA transaction. The SEPA transaction took 4 days, which effectively cost me money because by that time the price had dropped dramatically nad has not yet reached that level again.

This was the point at which I decided to try and keep everything in Bitcoin. Unless the little amount I have becomes super valuable I won't cash it out but rather try to pay things with it directly.

Cyberclones
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May 27, 2013, 06:03:14 PM
 #4

None of the above...I just jumped into mining so I have a couple coins now but have never purchased them.
notfair
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May 27, 2013, 06:05:56 PM
 #5

originally planning to fund MtGox and buy from them, but too much procedure and time need for International TT, so switch to local dealer, then bought and use it already today Cheesy
ndr76
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May 27, 2013, 06:09:10 PM
 #6

I first used bitbargain.co.uk, then I passed to bitstamp.net which is way better due to lower fees.
Anillos
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May 27, 2013, 06:11:02 PM
 #7

Coinvisitor, coinworker...

Aquí puedes conseguir pequeños ahorros sin mucho esfuerzo: http://www.bitvisitor.com/?ref=1PWNAGEZ3fSM8QevUavdd2iZ9F5jkp1QHZ
Consigue algo más viendo vídeos o haciendo pequeñas tareas en Bitcoinget.com: https://bitcointalk.org/index.php?topic=178692.msg2509190#msg2509190
¿necesitas un dibujo vectorial, un esquema, un diagrama...? https://bitcointalk.org/index.php?topic=183268.0
malevolent
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May 27, 2013, 06:25:01 PM
 #8

I'm planning my first bitcoin purchase and would be interested to hear what methods have or haven't worked for others for an initial purchase. Did it go smoothly? What problems/obstacles came up? Have you tried other methods since, or stuck to the one you started with?

You should add an additional option to the poll: I mined it.

Then used it to buy PCI-E x1-x1 risers.


Signature space available for rent.
unlish_uk
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May 27, 2013, 06:27:15 PM
 #9

i mined it! HD 7850 Cheesy
CryptoJunky
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May 27, 2013, 06:28:35 PM
 #10

The first Bitcoin I received were through mining. I've since bought Bitcoin through MtGox funded with Bitinstant which went well, though it had some fees.

Now I use Coinbase as well. Some people have had complaints about them in the past, but I haven't had any bad experiences. I've been using them since their beta launched.

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May 27, 2013, 06:45:45 PM
 #11

Mining for a 3 days @ 1.5GH/s has made me .3 BTC. I am looking at buying one soon so this thread was helpful, Thank You.

1FQkmrwQ7yf9MKGLsAUhY2jgMT8WjepwL7
sunghyunkim14
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May 28, 2013, 11:10:28 AM
 #12

if you're from canada i recommend VirtEx Smiley
wphillips
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May 28, 2013, 11:11:58 AM
 #13

By mining mostly now. I had wondered how easy it'd be to fund BTC purchases through Mt Gox.   Decided I'd try buying one BTC and wanted to be able to fund it without bank transfers or having to send Western Union.   Being in the US, I found out it wasn't too easy.  Took about 2 1/2 weeks for verification on Mt Gox.  A week and a half for Dwolla verification.  Bitinstant wouldn't accept Dwolla for some reason, kept giving an error.  Finally Dwolla appeared back on Mt Gox and I bought a BTC.  Then about a month later, DHS freezes Mt Gox's Dwolla account....   I think I'm going to stick with mining, or open a Swiss account, lol.
leigl
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May 28, 2013, 11:26:25 AM
 #14

Private traders, -7 days.
awgilyas
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May 28, 2013, 11:48:54 AM
 #15

Bitfloor (RIP)

1AwangATDktxLw8e6VaDijw9AMWz5wy8bx
navvy619
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May 28, 2013, 12:01:12 PM
 #16

i mined
ivanb
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May 28, 2013, 12:41:55 PM
 #17

I bought my first bitcoin in EUR on bitcoin.de via SEPA transfer which takes about 3-4 days. The trading is direcly between the users and bitcoin.de acts like a trust service. The trading fee is 1% (0.5% for the buyer and the seller)

Lets say you want to buy 1 btc for the price of 100€ -> you will pay 99.5€ and you will get 0.99 bitcoins after the seller manually confirms that the 99,5€ arrived in his SEPA bank account.

This works slow and you will have to live with the trust system of bitcoin.de.

To reach a certain Trust Level, all conditions ("Number of ratings", "Percentage of positive ratings", "Volume of sales") should be met:
Bronze    Bronze
Number of ratings: less than 5
Volume of sales for trades: less than 25 BTC
Percentage of positive ratings: 0% to 69%
Silver    Silver
Number of ratings: 5 bis 15
Volume of sales for trades: between 25 to 150 BTC
Percentage of positive ratings: 70% to 89%
Gold    Gold
Number of ratings: from 16
Volume of sales for trades: higher than 150 BTC
Percentage of positive ratings: 90% to 100%

A newbie would start with trust level bronze and has to opearte within the restrictions.

I hope you can use this information.
Cheers
Zaih
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May 28, 2013, 12:42:40 PM
 #18

Bought from a friend I knew Wink Didn't really trust the idea of exchanges to begin with (heh...)
SimplyBTC
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May 28, 2013, 01:21:00 PM
 #19

I clicked links and got about 0.00001 BTC. Then I got bored and bought a Casascius coin :-)

www.SimplyBTC.co.uk
Simonsays
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May 28, 2013, 07:32:03 PM
 #20

I've been buying on Coinbase for the past month.

If you can deal with the delay - its a reliable outlet.   Withdraws directly from your bank acct. 

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