darklancer (OP)
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November 27, 2013, 07:52:24 AM |
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Hi all,
Newbie here and also newbie to bitcoin.
When I sign up MTGOX, it ask me for identification card and bill document to verify. Is it a must and is it safe?
Next is, 1 BTC is $1000 +++ now , is it still feasible to buy? or wait for it to drop?
thanks all
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Each block is stacked on top of the previous one. Adding another block to the top makes all lower blocks more difficult to remove: there is more "weight" above each block. A transaction in a block 6 blocks deep (6 confirmations) will be very difficult to remove.
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nxtuser
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November 27, 2013, 08:09:20 AM |
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Mt.Gox introduced verification not so long ago (in May 2013, IIRC). That was supposedly done to increase safety of withdrawals, although at a cost of reduced privacy. I am certainly not comfortable with sending Mt. Gox my ID and/or utility bills, although others may have other opinion on that.
Mt.Gox isn't the only exchange, there are others with less privacy-invading practices.
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mmstil
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November 27, 2013, 09:19:50 AM |
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When I sign up MTGOX, it ask me for identification card and bill document to verify. Is it a must and is it safe?
IMO, Mtgox has severe delay problem for USD withdraw, and you can find way better exchanges.
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medUSA
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November 27, 2013, 09:28:51 AM |
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I registered at MtGox a few months ago and when I found out it needs a copy of my passport as verification (non US user), I just cancelled and have never logged in since.
I suggest you find another exchange. However, it seems several other exchanges have complaints against them too. Please choose carefully.
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darklancer (OP)
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November 27, 2013, 01:07:25 PM |
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I registered at MtGox a few months ago and when I found out it needs a copy of my passport as verification (non US user), I just cancelled and have never logged in since.
I suggest you find another exchange. However, it seems several other exchanges have complaints against them too. Please choose carefully.
Thank you all, may the experience bitcoiners recommend a good exchange? I am not from US.
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medUSA
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November 28, 2013, 07:15:47 AM |
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I wish I can point you to a "trustworthy" exchange, but I really don't know.
I am using one registered in my local country and their bid offer spread is big, but at least when they do run off with my money, I have an real address for local authorities to work on.
There are subforums here in your local language. Post a topic there and ask to see if an exchange operates in your country and deals in your local currrency. Then search for any complaints/bad experiences against them.
Good luck
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darklancer (OP)
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November 29, 2013, 06:02:19 AM |
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Thank you for the advices !
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Pony789
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November 29, 2013, 10:03:59 AM |
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You may check localbitcoins, and try to find a reliable trader near you.
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