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Author Topic: Buying bitcoin is a pain.  (Read 4452 times)
Prolifik (OP)
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December 04, 2013, 10:59:54 PM
 #1

If I want to buy some bitcoin I have to get verified first and link a bank account. It is @#%^ing ridiculous.
If I ever buy bitcoin it will have to be in-person with someone who has them. Selling is the same deal.

Will we ever be able to buy and sell bitcoin easily?

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December 04, 2013, 11:02:45 PM
 #2

If I want to buy some bitcoin I have to get verified first and link a bank account. It is @#%^ing ridiculous.
If I ever buy bitcoin it will have to be in-person with someone who has them. Selling is the same deal.

Will we ever be able to buy and sell bitcoin easily?
You will soon be able to buy them at any 7-11 in the US.  Stay tuned.  Bitcoin is still growing.

Our family was terrorized by Homeland Security.  Read all about it here:  http://www.jmwagner.com/ and http://www.burtw.com/  Any donations to help us recover from the $300,000 in legal fees and forced donations to the Federal Asset Forfeiture slush fund are greatly appreciated!
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December 04, 2013, 11:04:58 PM
 #3

If I want to buy some bitcoin I have to get verified first and link a bank account. It is @#%^ing ridiculous.
If I ever buy bitcoin it will have to be in-person with someone who has them. Selling is the same deal.

Will we ever be able to buy and sell bitcoin easily?

You can buy and sell on the forums easily. People will take bank transfer. Just remember to use a trusted escrow.

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December 04, 2013, 11:12:25 PM
 #4

coinbase is supposed to be fairly simple and quick.
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December 04, 2013, 11:12:48 PM
 #5

wish everything in life was easy:(
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December 04, 2013, 11:13:22 PM
 #6

Not that hard if you know where to buy them
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December 04, 2013, 11:14:17 PM
 #7

Will we ever be able to buy and sell bitcoin easily?

We have to wait for more Bitcoin ATMs, you cannot build Rome in one day

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hilariousandco
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December 04, 2013, 11:16:20 PM
 #8

Will we ever be able to buy and sell bitcoin easily?

We have to wait for more Bitcoin ATMs, you cannot build Rome in one day

I'm really looking forward to see where these pop up in the Uk next year.

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Prolifik (OP)
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December 04, 2013, 11:17:32 PM
 #9

Do the bitcoin atms take & dispense paper money?
I might have to make a trip into vancouver sometime if they do.

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December 04, 2013, 11:17:54 PM
 #10

If I want to buy some bitcoin I have to get verified first and link a bank account. It is @#%^ing ridiculous.
If I ever buy bitcoin it will have to be in-person with someone who has them. Selling is the same deal.

Will we ever be able to buy and sell bitcoin easily?

Heh, you should have seen it a few years ago. It was beyond miserable.
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December 04, 2013, 11:20:19 PM
 #11

Do the bitcoin atms take & dispense paper money?
I might have to make a trip into vancouver sometime if they do.

Yeah. There's a few different ATMs, so some may only accept cards or whatnot, but there's definitely ones that accept fiat. Not sure about ones that dispense fiat.

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December 04, 2013, 11:29:42 PM
 #12

The one in Vancouver allows you to buy and sell Bitcoin. https://www.youtube.com/watch?v=YI4NAcSOqJM
This is epic win.

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December 04, 2013, 11:32:58 PM
 #13

The one in Vancouver allows you to buy and sell Bitcoin. https://www.youtube.com/watch?v=YI4NAcSOqJM
This is epic win.

Very nice, hopefully more follows soon. But it is all about how quickly they can pay the ATM investment from fees...
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December 04, 2013, 11:35:33 PM
 #14

I think debit cards are also coming soon.  You'll have lots of options soon enough.
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December 04, 2013, 11:40:53 PM
 #15

It should be easier to verify our information in the exchanges, they always refuse my documents...
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December 05, 2013, 12:08:30 AM
 #16

I think this is the single most important factor which dissuades the mainstream population from using Bitcoin. It definitely has the capacity for the same level of anonymity as cash transactions but sadly not the versatility.

Being able to use pre-paid Debit Cards to buy Bitcoins would be a great addition.
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Buy and sell bitcoins,


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December 05, 2013, 12:09:38 AM
 #17

The one in Vancouver allows you to buy and sell Bitcoin. https://www.youtube.com/watch?v=YI4NAcSOqJM
This is epic win.
...... at epic fees to the buyer/seller, something like 10% on top of Gox last (most expensive price)

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December 05, 2013, 12:33:49 AM
 #18

If I want to buy some bitcoin I have to get verified first and link a bank account. It is @#%^ing ridiculous.
If I ever buy bitcoin it will have to be in-person with someone who has them. Selling is the same deal.

Will we ever be able to buy and sell bitcoin easily?

Have you tried localbitcoins.com?

"The powers of financial capitalism had another far-reaching aim, nothing less than to create a world system of financial control in private hands able to dominate the political system of each country and the economy of the world as a whole. This system was to be controlled in a feudalist fashion by the central banks of the world acting in concert, by secret agreements arrived at in frequent meetings and conferences. The apex of the systems was to be the Bank for International Settlements in Basel, Switzerland, a private bank owned and controlled by the world's central banks which were themselves private corporations. Each central bank...sought to dominate its government by its ability to control Treasury loans, to manipulate foreign exchanges, to influence the level of economic activity in the country, and to influence cooperative politicians by subsequent economic rewards in the business world."

- Carroll Quigley, CFR member, mentor to Bill Clinton, from 'Tragedy And Hope'
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December 05, 2013, 12:45:14 AM
 #19

If I want to buy some bitcoin I have to get verified first and link a bank account. It is @#%^ing ridiculous.
If I ever buy bitcoin it will have to be in-person with someone who has them. Selling is the same deal.

Will we ever be able to buy and sell bitcoin easily?

And if you'r not living in the USA it's even more painful.
But as it get's accepted broadly this will improve.

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December 05, 2013, 12:50:36 AM
 #20

www.localbitcoins.com

or just sell something and say "will accept payment in Bitcoins"

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