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March 02, 2015, 12:04:49 AM |
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Nobody has yet really answered the question - the reason it's so hard to buy bitcoin is because a lot of people bought it with credit cards and then had their credit card company reverse the transaction. In other words, it's easy to get scammed when you're selling bitcoin online, so they have to do a lot of stuff to protect themselves.
When I first signed up with Coinbase, it seemed like endless hoops to jump through, and endless waiting to get any bitcoin. But now that I'm verified, it's the easiest thing in the world. I just click and buy and it's instantly sent to my wallet, up to $1000. I chose Coinbase because it was the only one that didn't require me to send a video of myself holding my photo ID next to my face.
I also used Brawker.com, which lets me buy something online and send it to someone else, and then they send me the bitcoins. It works, but it's also slow and complicated, and you are limited to the amount of btc and the exchange rate the users have offered.
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