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Author Topic: Best way to acquire bitcoins if your under 18? Harder than you think :/  (Read 11791 times)
fabrizziop
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July 24, 2012, 11:57:51 PM
 #41

Personally I get my bitcoins by mining, it's way too hard for a teenager living outside the US to use/register in the US banking system, and even more hard because we have currency exchange control.

FYI if I need quick bitcoins I just do the math and ask for a loan I'm 100% sure I can pay. However I don't think anyone will lend to you unless you make a reputation online.
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July 25, 2012, 07:50:29 AM
 #42

Yeah, but let me throw out a scenario. Its 3 in the morning and I need some quick bitcoins. I cant go anywhere to get them except for the internet.
Buying bitcoins at 3 am using money outside of the bitcoin ecosystem is hard/impossible for almost everyone. Personally, my only choices at 3 am are an ING Direct P2P transfer, and Paypal (both of which you must be over 18). Few Americans would be awake, so ING is almost impossible, leaving just Paypal. If I didn't have one of the top 100 reputations here, even Paypal would be hard and/or costly.

Honestly, the best thing to do is to keep more money in the bitcoin ecosystem (not necessarily in bitcoin, itself, but maybe on an exchange) just in case. At any given time, I can instantly buy an additional few hundred dollars worth of bitcoins, just off of this reserve alone.

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July 25, 2012, 01:04:16 PM
 #43

Yeah, but let me throw out a scenario. Its 3 in the morning and I need some quick bitcoins. I cant go anywhere to get them except for the internet.
Buying bitcoins at 3 am using money outside of the bitcoin ecosystem is hard/impossible for almost everyone. Personally, my only choices at 3 am are an ING Direct P2P transfer, and Paypal (both of which you must be over 18). Few Americans would be awake, so ING is almost impossible, leaving just Paypal. If I didn't have one of the top 100 reputations here, even Paypal would be hard and/or costly.

Honestly, the best thing to do is to keep more money in the bitcoin ecosystem (not necessarily in bitcoin, itself, but maybe on an exchange) just in case. At any given time, I can instantly buy an additional few hundred dollars worth of bitcoins, just off of this reserve alone.

I keep saying take out a 24 hour hour loan but no one listens to me Sad

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