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Author Topic: Easy way for Australians to buy bitcoins  (Read 1793 times)
Jeremy West spendbitcoins.com (OP)
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March 06, 2012, 07:00:32 AM
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Hi Newbies,

Just wanted to make you aware of the easy way for Australians to buy bitcoins:

1. Place an order on http://au.spendbitcoins.com
2. Deposit cash at your nearest NAB within 4 hours.
3. Reply to your quote email with a scan or photo of the deposit stub.
4. Get bitcoins the same day!

That's it. Click on the testimonials link on our page to see the experiences of our latest users, and click on the links to where they posted to see even more feedback.

Happy spending!

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March 06, 2012, 12:42:19 PM
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Doesn't having such high margins kinda defeat one of the main reasons for adopting bitcoin?
Jeremy West spendbitcoins.com (OP)
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March 06, 2012, 09:56:45 PM
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Doesn't having such high margins kinda defeat one of the main reasons for adopting bitcoin?

Firstly, the margins aren't as high as they might seem. They account for our own wire fees/forex fees and of course a bit of profit.

Secondly, yes, for people for whom the highest priority is price, the regular exchanges are the better option. You will find better prices at the exchanges, so if that is your main priority, you are better off using one of the exchanges. On the other hand, if promptness, service &/or anonymity are your priorities, we believe you’ll be happiest with our service. But don’t take our word for it, have a look at our testimonials.

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March 06, 2012, 10:27:01 PM
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Certainly with the margin you have you're not making huge profits etc, and I have no problems at all with your business, you're offering a service for people who have difficulty obtaining a product; and I know how hard bitcoins are to get in Aus.

Its bitcoins themselves I am criticizing. One of the reason people would take them up is to avoid huge fees, however in Australia by the time you obtain bitcoins then exchange them for goods or whatever you've paid way more then any fees normally associated with such transactions.

Also funny reading this forum...summary of many post...."hey this bitcoin seems like a great idea, saves using those ripoffs paypal"; followed by "hey where can I buy bitcoins with paypal".........facepalm


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