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Author Topic: Where to buy bitcoin?  (Read 1255 times)
jogoma12 (OP)
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November 30, 2013, 12:24:26 PM
Last edit: November 30, 2013, 01:26:34 PM by jogoma12
 #1

Hey guys, I was looking to buy into bitcoin but at $1000 and growing, I'm not looking at buying a full coin. I'd like to buy about .01 just to invest in https://cex.io/r/1/jogoma12/0/ . Where can I buy this, or is it even worth buying such a small sum?

Edit: Willing to buy here and pay with amazon gift cards since paypal is not trusted
KieranJones1
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November 30, 2013, 12:25:51 PM
 #2

0.1 isn't "such a small sum" at all - it's 100 mBTC. You definitely shouldn't be put off by the fact you can't get a whole bitcoin; at this point, the vast majority of arrivers to the bitcoin scene have less than 1 BTC.
Marken
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November 30, 2013, 12:42:41 PM
 #3

http://www.mtgox.com
jogoma12 (OP)
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November 30, 2013, 12:44:27 PM
 #4

0.1 isn't "such a small sum" at all - it's 100 mBTC. You definitely shouldn't be put off by the fact you can't get a whole bitcoin; at this point, the vast majority of arrivers to the bitcoin scene have less than 1 BTC.

Where can I buy it though?
KieranJones1
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November 30, 2013, 12:45:53 PM
 #5

I personally think Localbitcoins.com is most user-friendly for people who are new to Bitcoin; it's where I bought my first BTC from earlier this year. You'll probably pay slightly over the average USD/BTC rate, but it doesn't require you to verify, which means you can buy BTC immediately rather than wait for a week to have your account verified.
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November 30, 2013, 12:46:21 PM
 #6

0.1 isn't "such a small sum" at all - it's 100 mBTC. You definitely shouldn't be put off by the fact you can't get a whole bitcoin; at this point, the vast majority of arrivers to the bitcoin scene have less than 1 BTC.
OP said .01BTC



OP - You can find a local guy selling around you on Localbitcoins.
Also you can buy from Bitstamp
Good Luck
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KieranJones1
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November 30, 2013, 12:49:59 PM
 #7

0.1 isn't "such a small sum" at all - it's 100 mBTC. You definitely shouldn't be put off by the fact you can't get a whole bitcoin; at this point, the vast majority of arrivers to the bitcoin scene have less than 1 BTC.
OP said .01BTC
Well spotted, I misread that. The point still applies - there are people here speculating that 0.01 could be worth at least $100 within the next year, so it's certainly not a bad idea to get in while it's $10 Wink

I've never used Bitstamp, but a lot of Localbitcoins sellers will have a minimum fiat -> BTC (e.g. you can only buy from them if you spend at least $100). There are some who'll sell any amount from $1, but you may pay a few dollars' premium for that service.
PenAndPaper
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November 30, 2013, 12:51:58 PM
 #8

Not sure if this is a honest question or just an excuse to post his referral link  Tongue Tongue
jogoma12 (OP)
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November 30, 2013, 12:58:03 PM
 #9

signed up on localbitcoins
bitcoindigi
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November 30, 2013, 01:00:10 PM
 #10

go to localbitcoins, it's the easiest way
GBGglenn
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November 30, 2013, 01:04:00 PM
 #11

"0.1 small sum". Would'nt say so. Even if 0.1 sounds very small it does'nt mean that it is. In the future people might buy things with 0.001 BTC etc. Wink
bigstinkydinosaur
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November 30, 2013, 01:06:41 PM
 #12

Is there a simple way to buy Litecoin with a credit card?
KieranJones1
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November 30, 2013, 01:07:34 PM
 #13

Is there a simple way to buy Litecoin with a credit card?
Top result on Google from "Litecoin credit card". http://www.btcpedia.com/buy-litecoin-with-paypal-credit-card/

Can't vouch for that website's reliability, though.
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November 30, 2013, 01:09:19 PM
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kraken.com is good website. Also offers other cryptocurrencies you can buy with fiat money.
jogoma12 (OP)
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November 30, 2013, 01:16:31 PM
 #15

Lol it is a legit question, just saw I could throw that link in there. :p I tried bitstamp but thats doing too much for a $10 purchase. Looks like it'll be local bitcoin. Thanks guys
PenAndPaper
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November 30, 2013, 01:18:26 PM
 #16

Lol it is a legit question, just saw I could throw that link in there. :p I tried bitstamp but thats doing too much for a $10 purchase. Looks like it'll be local bitcoin. Thanks guys

It's just somewhat weird that someone knows about cex.io but can't figure out where to buy bitcoins. Anyway gl with your purchase  Tongue Tongue
jogoma12 (OP)
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November 30, 2013, 01:25:39 PM
 #17

Is someone trying to sell me some BTC in exchange for amazon gift cards? PM me if so
bigstinkydinosaur
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November 30, 2013, 01:40:58 PM
 #18

 Actually did look at that link before. This is so confusing. Do all cryptocoins require first buying bitcoin?
jogoma12 (OP)
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November 30, 2013, 04:05:41 PM
 #19

I think you can also buy straight into LTC
CryptoJunky
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November 30, 2013, 05:02:15 PM
 #20

Hey guys, I was looking to buy into bitcoin but at $1000 and growing, I'm not looking at buying a full coin. I'd like to buy about .01 just to invest in https://cex.io/r/1/jogoma12/0/ . Where can I buy this, or is it even worth buying such a small sum?

Edit: Willing to buy here and pay with amazon gift cards since paypal is not trusted

I would recommend investing, even if it is a seemingly small sum. It could pay out very big in the future. Additionally, using Bitcoin is the best way to learn about Bitcoin, and that requires getting a little bit in your wallet. Send me a PM if you get a chance.

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