oxxymoronn
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Activity: 84
Merit: 10
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December 05, 2013, 12:53:54 AM |
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Whoever establishes itself as a market first for simplifying the crypto to cash process can look forward to joining the ranks of the big boys like Paypal and Amazon.
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mjc
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December 05, 2013, 02:05:59 AM |
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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?
The exchanges are just trying to comply with current anti money laundering laws. When you open a bank account you have to do the same thing. The only difference here is you cannot just give them your lic to make a copy on the copier. You actually have to send it into someone you do not see. It comes down to trust. If you are uneasy with that, then you are right you will have limited access. |
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Prolifik (OP)
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December 05, 2013, 02:31:47 AM |
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Bitcoin needs an exchange unregulated by the laws of government.
That would really piss them off and it would be beautiful.
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7Priest7
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December 05, 2013, 02:42:46 AM |
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Bitcoin needs an exchange unregulated by the laws of government.
That would really piss them off and it would be beautiful.
BTC is about freedom and no government control(over the currency at least), exchanges are not. Using government currency to buy BTC then sell for government currency, not what BTC was designed for. ATMs/Exchanges are junk... I want a BTC supermarket where I can buy my food/electronics with BTC, screw the governments money. Also I want a part time job at said supermarket where I receive my paycheck in BTC. Also How about some farmers/butchers who sell their produce to the supermarket for BTC? That is where BTC should go, Not a secondary currency, A PRIMARY currency or a PREFERRED currency. |
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Prolifik (OP)
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December 05, 2013, 03:04:26 AM |
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Bitcoin shouldn't totally replace fiat but it should be as easy to use as fiat.
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ruf_xu
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Activity: 21
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December 05, 2013, 04:42:32 AM |
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selling bitcoin is happy
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nahtnam
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Activity: 1092
Merit: 1000
nahtnam.com
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December 05, 2013, 04:44:47 AM |
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Well ya, you will have to verify some info and link a bank account. If you want to be anonymous then use http://localbitcoins.com and see if anyone is fine with that. |
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crayon_smell
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December 05, 2013, 04:52:10 AM |
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I agree. One of the easiest ways to get started is to setup a wallet and then buy some BTC from a friend and have him send it to you. If you don't know anyone, coinbase is a decent option but they require a lot of personal information and waiting period to get verified. Localbitcoins would be another alternative worth looking into.
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Safty
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December 05, 2013, 05:25:22 AM |
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I recommend localbitcoins (buy only from seller with reputation).
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Ulysses1994XF04
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Activity: 28
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December 05, 2013, 05:31:52 AM |
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Bitcoin needs an exchange unregulated by the laws of government.
That would really piss them off and it would be beautiful.
BTC is about freedom and no government control(over the currency at least), exchanges are not. Using government currency to buy BTC then sell for government currency, not what BTC was designed for. The average citizen does not care whether or not their monetary supply is controlled by the government; the average person will at most only think about how easily they can move it, save it, spend it and what they can buy with it.
ATMs/Exchanges are junk... I want a BTC supermarket where I can buy my food/electronics with BTC, screw the governments money.
Also I want a part time job at said supermarket where I receive my paycheck in BTC.
Also How about some farmers/butchers who sell their produce to the supermarket for BTC?
The quote Nicholas Cage in Lord of War, "This is small f-ing potatoes." What about paying for your rent in Bitcoin? What about paying for your monthly insurance premium in Bitcoin? What about paying for large medical expenses in Bitcoin? What about saving for your child's college education and paying it in Bitcoin? |
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Sam-Os
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Merit: 11
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December 09, 2013, 09:54:15 PM
Last edit: September 19, 2019, 02:59:20 PM by Sam-Os |
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These things are ridiculously difficult to get a hand on from where I live. I don't even want to be able to cash them out in USD I just want to buy and hold onto them until a time when they are so mainstream I would be able to walk up to an atm and withdraw.
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sportguy98
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Activity: 14
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December 09, 2013, 09:57:09 PM |
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Easiest way. Takes forever to wire money and get your account verified. Easier to cash out this way though. |
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gongomanny
Sr. Member
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Activity: 301
Merit: 250
Ɓιтcσιη
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December 09, 2013, 10:03:09 PM |
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These things are ridiculously difficult to get a hand on from the Bahamas where I live. I don't even want to be able to cash them out in USD I just want to buy and hold onto them until a time when they are so mainstream I would be able to walk up to an atm and withdraw.
Bitcoin ATM to use for deposit and withdraw would be easiest solution, now it is really complicated to use the exchanges. There are only few Bitcoin ATMs so far, but I guess in next years it will be better |
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miners78
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December 09, 2013, 10:08:28 PM |
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It's even more awkward in the UK unfortunately :/
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nahtnam
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Activity: 1092
Merit: 1000
nahtnam.com
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December 09, 2013, 10:23:08 PM |
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It's even more awkward in the UK unfortunately :/
Is there a British exchange anywhere? |
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pyrofade
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Activity: 97
Merit: 10
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December 09, 2013, 10:26:50 PM |
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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. I sure hope you are right sir. I have to agree with the OP.. I'm new to cryptocurrencies and I would love an easy way to buy some with my credit/debit card, with cash, with paypal or any other way I buy things online easily.. Unfortunately this is not the case especially for people who live in the US.. I was looking at BTC-e and it seems to me they've made it nearly impossible to deposit/withdraw money from/to the US... |
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Automatic
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December 09, 2013, 10:30:11 PM |
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It's even more awkward in the UK unfortunately :/
This, everywhere only accepts US banks. |
Please ask for a signed message from my on-site Bitcoin address (Check my profile) before doing any offsite trades with me.
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rioshoosh
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December 09, 2013, 10:42:20 PM |
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It's even more awkward in the UK unfortunately :/
A year ago, there were 0 ATMs. Adoption and ease of use will keep growing but this is a process ... it will not happen overnight. For now, you either need to provide the requested documents or stick to in person trading. |
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quone17
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December 09, 2013, 11:07:17 PM |
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Why does it seem like all these BTC companies are doing sketchy stuff? I read all these stories about taking funds, or not depositing funds into an account after the exchange had the money for like weeks.
Isn't it hardto buy in person too, like when does the person send it to you and you give them the money?
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