Bitcoins: Where Did You Purchase Yours?
 

I plan to get in this weekend when they drop.

As a bitcoin nerd, I would advise a few things:

If you live in the USA, the easiest place is to use Coinbase.
If you're inside the SEPA zone, use Bitstamp.net.

Both services are very reputable and contribute a lot to the bitcoin community. If you live elsewhere, I'm not sure who the best vendor currently is.

If you verify with Coinbase, they'll speed up your delivery on coins, but everything is done as a market order, so you're locked in at the price at which you buy them. Example: you buy 1 BTC at $650, but you don't receive it for 3-5 days. Within the 3-5 days, the price spikes. You still get 1 BTC for $650.

I'd recommend subscribing to r/bitcoinmarkets (there's a lot of wisdom if you can look beyond the speculation bullshit), and also there is an IRC channel (#bitcoinmarkets) that serves as a live chat area.

My favorite graphs are markets.thegenesisblock.com.

I usually look at the order book for MtGox even though I buy at Coinbase. DO NOT BUY OR SELL FROM MTGOX. They are having a lot of banking issues and until they sort them out, it's not a feasible exchange for a small-time investor.

When bums on the street don't want bitcoins, that tells you something.

They don't have internet access?

Guess I should have mentioned, I'm in Canada.

i would never use local bitcoins

Heading for $600.00 tonight?

At what price will you buy?

It looks like a good time for buy :)

Bitcoins are currently half price for week-after-black-friday.

On topic, since GPU mining stopped being reasonable, I have been using Coinbase, which was crumbling under the load last night of people frantically selling vs people frantically buying.

somebody is making bank on this, people with instant options fucking people...

We don't buy them. Customers give them to us.

I wonder how many of your 30,473 posts were worthwhile.

Considering I just told you how we get our bitcoins, I'd say at least one.

Maybe you need to read my question again, because your answer had nothing to do with my question. I asked where you purchased yours, I don't care about any other way you got them.

Everyone I know who buys them uses CoinBase.

Buy them via escrow with various sellers located in your country/regional area:

https://www.localbitcoins.com/

I too use Coinbase and it looks like there are others in Canada who wish to use Coinbase so perhaps it will happen soon ...look here http://support.coinbase.com/customer...tside-the-u-s-

So let me get this right.. If I want to buy a bitcoin, it takes 3 to 5 days.. However if I want to sell one, it's instant long as there is a buyer, but I can't buy again for 3 to 5 days with my order filling at the price 3 to 5 days ago?

Meanwhile some people have access to instant buying and selling?

If you can get your funds into an exchange to speculate you can buy and sell instantly.

If you just want to 'invest' then use something like localbitcoins.

I'm in Canada, that's not an option.

Ok so I can put money in an exchange just like a stock broker and buy/sell at will, like a day trader? So rather than buy the coin at set price wait 3 to 5 days, instead deposit with the broker and buy/sell at will? Does the exchange hold the coins in that case or just your green backs?

That might be a little late for people like myself, who are trying to catch as they go low. I think after Xmas they'll climb quite a bit.

Since when did bums on the street know anything about successful business?:2 cents:

I can't stop laughing watching some people trying hard to mine some bitcoins, lol...

You could do much more if you worked in your sites, rather than waste time with that.

There are some people, for example the secret Pool from BHA, that tries to mine bitcoins hard, LOL, so funny. They can't even mine ONE single BITCOIN per month.

everybody is cashing out

An anonymous website selling drugs and guns has disappeared - leaving users around £60million out of pocket.

http://www.mirror.co.uk/news/technol...iminal-2879995

:2 cents:

You mad bro? Bitcoin scammin?

"Believed to have been run by someone based in the Czech Republic"

Nuff said

No one here said a single thing about mining bitcoins.

You should probably go back to not posting, you made more sense when you weren't saying anything.

If I'm correct then you put money into the exchange site/system. And from there you can buy/sell directly to other users. The site has its fee, 0.2% or so.

Still looking for a simple way for Canadian users to buy bitcoins.

Only small amounts at a time, but still workable.

https://quickbt.com/ca/?

Both, but it's generally harder to move USD/EUR into and out of exchanges.

Buy up BTC some other way, deposit it to an exchange, then speculate.

Remember that letting a third party store your BTC means that technically they can walk off with your funds.

I tried that last night, most it let's you a day is 1/20th of a BTC (0.05BTC). I'm not looking to buy a ton, but if the price goes to where I'm hoping in the next couple weeks I'd like to be able to buy 5-10 at a time.

Also, as I said, I tried that last night -- but when I'm about to go pay it tells me...

"Your IP Address, Phone Number, Email or Bitcoin address is not allowed. Try using your home computer or email [email protected] for assistance."

I've narrowed it down to being my IP address, but it makes no sense. I have a Canadian IP address and it puts me at the exact location I am in Canada.

I use
localbitcoins.com
bitbargain.co.uk
btc-e.com

I have no idea if these are any good for Canada.

CaVirtEx is the only Canadian exchange I've ever heard to have any repute...

Sorry I omitted that - at the time I couldn't remember their odd name!

Hmm yeah, it's good for tiny amounts, but that's about it. I like it cause I can use my Canadian debit card. As for the IP, I wonder if someone on your IP block got banned for fraud or something.. hard to say,

Virtex doesn't do actual selling though, do they? As far as I understand, it's just a place for selling your bitcoins and getting it wired to your account or via their own debit card.

well like all exchanges, the exchange doesn't actually sell or buy the bitcoins but offer a way of doing so.

Mt. Gox last year, still have a few left that I gamble with

Honestly, I'm not sure. I've never worked with them but they have been mentioned in several articles (hence my note on their reputation).

It's annoying to me that there are still so few good places to buy and sell, but I guess that can also be a good thing for some...

Coinbox can be a pain too and there support is pretty crappy

If you dont want to buy Bitcoins, try these guys and put some ads up on your sites . You will be suprised how quickly you accumulate Bitcoins and these guys do pay out

https://coinurl.com/index.php?ref=08...d9c0fee15350bb

Waiting for http://bitcoin.epassporte.com/ to come out of beta, they're supposed to be super reliable.

has anyone in here sucesfully ordered a physical product that was shipped and payed with bitcoin ??
and if yes please let us know...

I was hoping to buy a USB miner with Bitcoins, to come full circle and have it literally pay for itself... but no, the guy wanted cash or Paypal. :(