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Author Topic: I just bought my first bitcoins!!  (Read 1866 times)
knight22
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July 14, 2012, 01:16:52 PM
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I just bought my first bitcoins in person from someone who made an announcement in this forum. I liked the experience and everything went good  Grin.
Don't forget to take your precautions when doing transaction from someone you don't know!

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officialsavage
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July 14, 2012, 01:46:24 PM
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congrats dude!
kpatrickwv
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July 14, 2012, 02:56:47 PM
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That's pretty neat.  Where I am, the bitcoin market is new, so I don't think that kind of interaction is possible yet.  Hopefully soon!

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July 14, 2012, 08:43:03 PM
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Awesome! I bought some last week for the first time and it felt like freedom.  Grin
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July 14, 2012, 11:09:28 PM
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That's pretty neat.  Where I am, the bitcoin market is new, so I don't think that kind of interaction is possible yet.  Hopefully soon!
Bitcoin tends to be wider spread than many realize.  What country are you in?

The quality of posts has dropped to such a low level that all users who are participating in a paid signature campaign are added to my ignore list. If you'd like a copy of the list to improve your browsing experience, you can find it here: https://bitcointalk.org/index.php?topic=973843.0 (Updated 2016-1-4)
knight22
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July 14, 2012, 11:22:01 PM
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Awesome! I bought some last week for the first time and it felt like freedom.  Grin

Hell yeah!!

knight22
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July 14, 2012, 11:22:30 PM
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That's pretty neat.  Where I am, the bitcoin market is new, so I don't think that kind of interaction is possible yet.  Hopefully soon!
Bitcoin tends to be wider spread than many realize.  What country are you in?

I'm located in Quebec, Canada

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July 14, 2012, 11:30:12 PM
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Gratz, I'll be getting some soon too.
The rate seems to be going up fast.
Question is buy right now or hope for a big dip?
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July 14, 2012, 11:51:17 PM
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There's a hype for $8 soon, but I don't know how reliable the "Speculation" section really is. Either way, I got slightly over 5 today using BitInstant and a cash deposit (took forever to deal with the people at CVS, but that's to be expected,) and including fees it was $43.95. The chart price was around $7.50 at the time, but the fees are reasonable (or at least realistic) given all the processing BitInstant and the sites that connect to it do for you.

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<A dominatrix!>
DannyHamilton
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July 14, 2012, 11:52:17 PM
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That's pretty neat.  Where I am, the bitcoin market is new, so I don't think that kind of interaction is possible yet.  Hopefully soon!
Bitcoin tends to be wider spread than many realize.  What country are you in?
I'm located in Quebec, Canada
That's great, but if you look, you'll see I was asking kpatrickwv where is was located, because he stated that where he is that kind of interaction isn't possible.

The quality of posts has dropped to such a low level that all users who are participating in a paid signature campaign are added to my ignore list. If you'd like a copy of the list to improve your browsing experience, you can find it here: https://bitcointalk.org/index.php?topic=973843.0 (Updated 2016-1-4)
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July 15, 2012, 06:38:25 AM
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Good for you. This is all new to me, a friend introduced me and just showed me basics haha how long did you have to wait before you could make a transaction? and how would i go about doing this?
Sherkel
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July 15, 2012, 06:43:23 AM
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Good for you. This is all new to me, a friend introduced me and just showed me basics haha how long did you have to wait before you could make a transaction? and how would i go about doing this?

1. Go to BitInstant, fill out the needed info, print the form ~ about 5 minutes
2. Bike/drive to the deposit location (CVS for me) ~ about 15 minutes
3. Talk to the MoneyGram rep on the red phone ~ about 10 minutes
4. Give cashier money and wait for them to figure out what they're doing ~ about 5 minutes
5. Wait for the transaction to process ~ about 5 minutes

It's not actually that bad with that method compared to how it apparently was before BitInstant.

What do you get when you cross dominoes and The Matrix?
<A dominatrix!>
Camper69
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July 15, 2012, 07:28:40 AM
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Good for you. This is all new to me, a friend introduced me and just showed me basics haha how long did you have to wait before you could make a transaction? and how would i go about doing this?

1. Go to BitInstant, fill out the needed info, print the form ~ about 5 minutes
2. Bike/drive to the deposit location (CVS for me) ~ about 15 minutes
3. Talk to the MoneyGram rep on the red phone ~ about 10 minutes
4. Give cashier money and wait for them to figure out what they're doing ~ about 5 minutes
5. Wait for the transaction to process ~ about 5 minutes

It's not actually that bad with that method compared to how it apparently was before BitInstant.

now i was told to go buy a green dot money pack and put money on it then send the code over to peple
Sherkel
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July 15, 2012, 08:33:45 AM
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Good for you. This is all new to me, a friend introduced me and just showed me basics haha how long did you have to wait before you could make a transaction? and how would i go about doing this?

1. Go to BitInstant, fill out the needed info, print the form ~ about 5 minutes
2. Bike/drive to the deposit location (CVS for me) ~ about 15 minutes
3. Talk to the MoneyGram rep on the red phone ~ about 10 minutes
4. Give cashier money and wait for them to figure out what they're doing ~ about 5 minutes
5. Wait for the transaction to process ~ about 5 minutes

It's not actually that bad with that method compared to how it apparently was before BitInstant.

now i was told to go buy a green dot money pack and put money on it then send the code over to peple
There are infinitely many ways to do it. I don't know what that is, but if it's worked for others, then it should work for you.

What do you get when you cross dominoes and The Matrix?
<A dominatrix!>
Camper69
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July 16, 2012, 03:46:01 AM
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Good for you. This is all new to me, a friend introduced me and just showed me basics haha how long did you have to wait before you could make a transaction? and how would i go about doing this?

1. Go to BitInstant, fill out the needed info, print the form ~ about 5 minutes
2. Bike/drive to the deposit location (CVS for me) ~ about 15 minutes
3. Talk to the MoneyGram rep on the red phone ~ about 10 minutes
4. Give cashier money and wait for them to figure out what they're doing ~ about 5 minutes
5. Wait for the transaction to process ~ about 5 minutes

It's not actually that bad with that method compared to how it apparently was before BitInstant.

now i was told to go buy a green dot money pack and put money on it then send the code over to peple
There are infinitely many ways to do it. I don't know what that is, but if it's worked for others, then it should work for you.
Thank you good to know i will have to try both ways to see what one is more efficeient
capsqrl
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July 16, 2012, 07:40:35 AM
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knight22, can you describe the process? Did you both bring laptops, or smartphones or whatever?

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support_en.mybitcointrade
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July 16, 2012, 10:54:08 AM
 #17

Congratulations Smiley

Perhaps you can do some more bitcoins, when you invest 'em on mybitcointrade.com (just some advertisment)

David3030
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July 16, 2012, 12:21:54 PM
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knight22, can you describe the process? Did you both bring laptops, or smartphones or whatever?

That's the way I did it with an in-person trade. Sat at a Starbucks and did business via the free wifi, had a (free!) coffee and that was that.
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July 16, 2012, 02:03:47 PM
 #19

Great stuff. I've recently made my first couple of BTC sale trades online (people finding me through localbitcoins.com), but today I've actually had an enquiry from someone in the same town. It's pretty fun chatting to buyers about bitcoin and life...

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July 16, 2012, 05:07:20 PM
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I've done some local btc<-->usd stuff with friends and family who were curious about BTC, but weren't willing to jump through all the hoops to do it online. Even with bitinstant, buying bitcoins is still a huge pain in the ass for a beginner, to the point where I'm sure a lot of people tried to get into it and quit. There's a good opportunity for people doing local transactions for a similar fee to bitinstant.

Techno For Bitcion: https://www.coindl.com/page/author/125
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