Post
Topic
Board Economics
Re: why is it so hard to buy bitcoin
by
Supebox
on 19/09/2017, 08:22:30 UTC
I have not really bought any bitcoin in a while, i have been mostly trading this last year.  but i have been trying to buy today from localbitcoins and bittylicious and it has been a real challenge.  they want photos of me holding cards on localbitcoins and on bitty they need about 4 different forms of id, what is going on. 

this is seriously restrictive to anyone wanting to get into bitcoin,  like its meant to be pseudonymous but if the gate ways into bitcoin dont allow that people will be put off.    Huh
yes is too hard to buy bitcoin because the price of bitcoin is not stable, sometime it is high, sometimes it is low, so too difficult to buy, you didnt regognize the value,
Do not make this a problem because there are many other markets that are anonymous and decentralized, currently buying bitcoins is very easy and less than half an hour of confirmation, no problem for me because buy bitcoin can also be through trusted friends or indie market, many ways to facilitate bitcoin transactions.