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Author Topic: How the hell do I buy Bitcoins?  (Read 7317 times)
SinCityVoluntaryist
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« on: April 02, 2013, 02:42:42 PM »

 So, since I'm starting my investment into Bitcoins, I only have one question: how the hell do I buy the damn things? The only respectable dealer that I've managed to find online is Mt. Gox. However, they expect you to send them a copy of your photo ID to them, and I don't feel too safe doing that. What else can I do to get them?
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« Reply #1 on: April 02, 2013, 03:21:13 PM »

I'm interested in this too. I think Seth said that he had a dealer, might want to talk to him about that in a pm or something.
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SinCityVoluntaryist
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« Reply #2 on: April 02, 2013, 03:26:52 PM »

6He'll see this thread and share some info.
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dpalme
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« Reply #3 on: April 02, 2013, 04:10:13 PM »

I've only bought them a couple times, and I, like Seth, have a "dealer." Maybe Seth could become your dealer. Paypal him some dough and he could send you the BTC equivalent. Or maybe he could hook you up with his guy. I bought mine from Crizz from Crizzle's Buttons. Nice guy. Look him up, maybe he'd sell you a bit. I'm waiting for the price to go down (fingers crossed) so I can buy more.
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http://cur.lv/fgf0 <--- Accepting bitcoins!
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« Reply #4 on: April 02, 2013, 04:54:35 PM »

I'd be interested too Smiley
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« Reply #5 on: April 02, 2013, 07:55:52 PM »

I can suggest three ways.

The ideal way is a face-to-face cash transaction with someone local to you.   Try localbitcoins.com to find someone who can hook you up.   Pros:  Relative anonymity compared to other methods.   Con: there may not be anyone near you willing to sell bitcoins.   Plus you actually have to leave the house. 

Failing that, I'd try bitinstant.com.   Once you create a transaction online, you can deposit your cash at almost any bank, plus certain stores like CVS and Walmart.   Pros:   Speed.    Still somewhat anonymous, but not as anonymous as the localbitcoins method.    Some places might ask some information from you when you make the deposit, but as far as I know you're perfectly free to lie your ass off with no repercussions.    Cons:  You still have to get up off your ass and GO somewhere to make it happen. 

And finally, you can try an exchange like CampBX.com (which I have not personally used) or Mtgox.com (which I have).    Pros:  You can do it from your computer without having to put on shoes.  Or underwear.   Cons:   With mtgox, your account (and thus the amount of money you can move in and out of it) is limited until you provide information required by the government.     So much for anonymity. 

No matter how you get your coins, I strongly suggest you NOT store them in any sort of online account.   Storing them on your own personal computer is a better option.  But storing them in a "paper wallet" is the best option. 
Basically you send your bitcoins to an address that you create, but that is NOT tied to your computer or an online account.   The key to that account (think of it as a password) exits only on a piece of paper that you print out and keep.   
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Seth King
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« Reply #6 on: April 02, 2013, 09:00:59 PM »

BitInstant no longer does bank deposits.

If you're not concerned about your anonymity, I'd say go with Coinbase.

If you are concerned about your anonymity, use Bitinstant's cash to bitcoin address option. Use a tormail account, use a phony name, and only go to a Moneygram dealer that does not ask for ID.

I'm also a fan of #bitcoin-otc, but you have to not be a technophobe to get set up there.

The best way to get Bitcoins are to earn them.  Grin
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dpalme
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« Reply #7 on: April 03, 2013, 06:53:50 AM »

The best way to get Bitcoins are to earn them.  Grin

Indeed! Too bad no one buys the junk I had for sale  Undecided not a big bitcoin musician crowd I suppose.
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JustSayNoToStatism
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« Reply #8 on: April 19, 2013, 08:51:23 PM »

I don't feel too safe doing that.
Smart.
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