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Kinetic915 (OP)
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June 20, 2013, 05:51:47 PM |
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does anyone have a good reliable site to turn bitcoins into a prepaid card?
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The network tries to produce one block per 10 minutes. It does this by automatically adjusting how difficult it is to produce blocks.
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Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
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cescan
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June 22, 2013, 08:47:10 AM |
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try bitcoins2paypal
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nawazish1
Sr. Member
 Offline
Activity: 462
Merit: 250
PXC Research Team
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June 22, 2013, 08:51:34 AM |
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I would prefer WMX to WMZ. it is the easiest but don't know about the cheapness.
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PXC: PmfFgdwwcXPa1QUmtVJevdPfHhmhztHHCv BTC: 1P22tVABsd85L7kkpTmohCv5vK2BypFz3H Phoenixcoin (PXC), a decentralised open source digital currency. |
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Taxidermista
Legendary
Offline
Activity: 1147
Merit: 1001
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June 22, 2013, 09:26:52 AM |
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try bitcoins2paypal
142 USD for bitcoin? Is this a joke? |
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J.Socal
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June 23, 2013, 05:11:03 AM |
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All I gotta say is where the frick is fc4b  |
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halfawake
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June 23, 2013, 07:50:25 AM |
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Just started using CampBX after reading this thread and I think I'm a convert. I used to be using Coinbase to buy bitcoins but this is substantially cheaper, and I don't need all the merchant tools that Coinbase offers. It's not quite as simple as Coinbase is, but I like not having to pay the 1% fee and it doesn't appear that complex. (Yet - I haven't actually bought any yet with CampBX, but the process doesn't look that complicated.)
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BTC: 13kJEpqhkW5MnQhWLvum7N5v8LbTAhzeWj
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halfawake
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June 23, 2013, 07:54:54 AM |
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This depends on where you live. If you're in or close to a big city with lots of local traders, then I'd say localbitcoins.com. Otherwise you're stuck with the exchanges.
Seems like the only place any one does any business with localbitcoins is in LA. I live in a fairly small town (of 30,000 people) in California and I was actually surprised to find when I looked up localbitcoins that there is someone selling bitcoins only a couple blocks from where I live. So if you're talking about actually doing business - yes, there aren't very many of them yet. But as far as actually buying bitcoins in person, no, LA is definitely not the only option for this. |
BTC: 13kJEpqhkW5MnQhWLvum7N5v8LbTAhzeWj
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justusranvier
Legendary
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Activity: 1400
Merit: 1009
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June 23, 2013, 03:32:39 PM |
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Just started using CampBX after reading this thread and I think I'm a convert. I used to be using Coinbase to buy bitcoins but this is substantially cheaper, and I don't need all the merchant tools that Coinbase offers. It's not quite as simple as Coinbase is, but I like not having to pay the 1% fee and it doesn't appear that complex. (Yet - I haven't actually bought any yet with CampBX, but the process doesn't look that complicated.)
While the price is stable or decreasing CampBX via Dwolla is going to be cheapest way to buy Bitcoins unless you can find someone in your area selling them under spot on LocalBitcoins. When the price is going up quickly like it was in February-April of this year Coinbase becomes the least expensive because of how they lock in the price for you at the start of the transaction. |
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halfawake
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June 23, 2013, 08:27:54 PM |
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Just started using CampBX after reading this thread and I think I'm a convert. I used to be using Coinbase to buy bitcoins but this is substantially cheaper, and I don't need all the merchant tools that Coinbase offers. It's not quite as simple as Coinbase is, but I like not having to pay the 1% fee and it doesn't appear that complex. (Yet - I haven't actually bought any yet with CampBX, but the process doesn't look that complicated.)
While the price is stable or decreasing CampBX via Dwolla is going to be cheapest way to buy Bitcoins unless you can find someone in your area selling them under spot on LocalBitcoins. When the price is going up quickly like it was in February-April of this year Coinbase becomes the least expensive because of how they lock in the price for you at the start of the transaction. Thanks for the heads up, this is really good information. I try to buy bitcoins when the price is going down so that I can get them at a relative discount. I figure since it's volatile, I may as well take advantage of the volatility to get a better price since I'm in no hurry to get them. |
BTC: 13kJEpqhkW5MnQhWLvum7N5v8LbTAhzeWj
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justusranvier
Legendary
Offline
Activity: 1400
Merit: 1009
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June 23, 2013, 08:45:10 PM |
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Thanks for the heads up, this is really good information. I try to buy bitcoins when the price is going down so that I can get them at a relative discount. I figure since it's volatile, I may as well take advantage of the volatility to get a better price since I'm in no hurry to get them.
In that case you'd be best setting up a Coinbase account and configuring automatic buying so that you get the benefit of dollar cost averaging. |
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halfawake
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June 24, 2013, 12:13:23 AM |
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Thanks for the heads up, this is really good information. I try to buy bitcoins when the price is going down so that I can get them at a relative discount. I figure since it's volatile, I may as well take advantage of the volatility to get a better price since I'm in no hurry to get them.
In that case you'd be best setting up a Coinbase account and configuring automatic buying so that you get the benefit of dollar cost averaging. Well, I've got a Coinbase account, but I don't plan on buying enough bitcoins to bother with dollar cost averaging. I'm thinking of just getting 10 BTC total, for that amount, it's easy enough to just do it manually. |
BTC: 13kJEpqhkW5MnQhWLvum7N5v8LbTAhzeWj
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Rival
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June 25, 2013, 12:43:42 PM |
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I am not sure there is a "best" way, at least without defining what parameters comprise the term "best". There is one way that has not been previously discussed.
Simply buy those things with bitcoins which cannot be directly purchased with fiat, and then resell them for fiat. A perfect example would be ASICminer USB sticks. Purchase a large quantity, and then resell them on ebay. It has the added advantage of allowing you to avoid any governmental interference wherein they claim you are in the business of transmitting funds illegally, and helps to grow the bitcoin ecosystem.
Just a thought.
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Kinetic915 (OP)
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June 27, 2013, 05:38:08 PM |
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I am not sure there is a "best" way, at least without defining what parameters comprise the term "best". There is one way that has not been previously discussed.
Simply buy those things with bitcoins which cannot be directly purchased with fiat, and then resell them for fiat. A perfect example would be ASICminer USB sticks. Purchase a large quantity, and then resell them on ebay. It has the added advantage of allowing you to avoid any governmental interference wherein they claim you are in the business of transmitting funds illegally, and helps to grow the bitcoin ecosystem.
Just a thought.
I agree, and would rather go this way, but would like the BTC I mine to pay for the electricity they use. |
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halfawake
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June 28, 2013, 01:14:43 AM |
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I am not sure there is a "best" way, at least without defining what parameters comprise the term "best". There is one way that has not been previously discussed.
Simply buy those things with bitcoins which cannot be directly purchased with fiat, and then resell them for fiat. A perfect example would be ASICminer USB sticks. Purchase a large quantity, and then resell them on ebay. It has the added advantage of allowing you to avoid any governmental interference wherein they claim you are in the business of transmitting funds illegally, and helps to grow the bitcoin ecosystem.
Just a thought.
I agree, and would rather go this way, but would like the BTC I mine to pay for the electricity they use. How about buying some solar panels with the BTC that you're earning from mining? |
BTC: 13kJEpqhkW5MnQhWLvum7N5v8LbTAhzeWj
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