Ninjastic
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Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
Elwar
on 22/10/2015, 13:28:05 UTC
Quote from: yolalanda on October 22, 2015, 01:16:33 PM
Quote from: Elwar on October 22, 2015, 01:09:00 PM
Quote from: yolalanda on October 22, 2015, 12:44:53 PM
Quote from: Elwar on October 22, 2015, 12:40:03 PM
Quote from: yolalanda on October 22, 2015, 12:32:27 PM
Quote from: Fatman3001 on October 22, 2015, 11:40:51 AM
Norway 25%

So there are folks who actually pay exchange rate +25% when they buy bitcoin? And probably from convenient bitcoin ATMs charging an extra 19% on top of that?
Color me impressed Cheesy

For localbitcoins I had some people driving 2 hours to trade with me because the people in their city were charging 20-25%. At the time I was only charging 15%. I've since lowered it to 10.

You're likely dealing with money launderers, or desperately lonely people willing to go to any length, use any pretext, just to interact with another human being.
I know this because there are bitcoin exchanges, charging fees substantially lower than yours, on the interweb.
P.S. Do they [also] pay VAT, or?

I don't ask. The one guy who told me why was because he doesn't think his government should know every little thing he does with his money.
That one just keeps getting better each time I hear it Cheesy
Quote
I actually paid 15% for 6k euros when I first arrived here because that was the only way I could get that many euros quickly. I needed it to buy a car.
I suppose your privacy-conscious friend was in a similar predicament. Won't even ask what he was so eager to buy...

Bitcoin being anonymous I don't get into it with people. I did have a guy from Italy sell me some bitcoins at 20% markup because it was the only way he could get cash quick (I had such a high markup because I don't tend to have a lot of cash handy). He was here for work and the ATM ate his card and he needed cash for an apartment (In Germany they tend to charge 3 months rent up front). I believe the ATM thing because I went to the same ATM with him and it ate my card also.