Post
Topic
Board Economics
Re: why is it so hard to buy bitcoin
by
Naruil
on 10/10/2017, 15:09:48 UTC
I don't think one will consider it hard to get, except if u want to remain anonymous. If u are ready for verifications u can always get bitcoin except if u are from China

Yap, those exchanges that are requiring identifications can trust you now to buy bitcoins whenever you want. But if you are using a shitty exchange like yobit then you'll really have trouble for purchasing your bitcoins. And not only bitcoin is the one that's having problem there and also many coins. Not only with the deposits but mostly with the withdrawals.

Make life more simple and less complicated.
Why bother to buy those exchanges if you don't like the way they manage?
Just buy to trusted sites like bittrex and etherdelta so you can transact with no hassle.
And you'll not be worried to transact here as many users trade here and they cater a lot of coins.
I agree with you i personally think that it is not that hard to buy bitcoin because of the price it could be but with so many exchanges around the world you can not even know which one to trust so i would suggest to you choose blockchain.
This is quite true that it is difficult to buy yourself some good amount of bitcoins just for the sole reason that the prices are quite high. The other reason is that no one is ready enough to sell them and you need to search for some of the best sites for sake of earning more and more collecting them into your wallets. I personally use the blockchain and investment system to increase my and Btc growth as well.
No one want to sell Bitcoin with cheap price, therefore if you want to buy Bitcoin when it become rare more, you need to spend a lot of money and increase your bid. We are a large community, I do not think nobody can not sell Bitcoin if you want to buy it, of course, unless your bid is bad.
I agree with you if more people want it the price will also go high and the community is getting bigger and bigger by the day this way the price of one bitcoin for $5k is actually cheap if you think about how money people are willing to buy it, and sometimes people even pay more then needed for it it would be overbidding and you would not easily make profit out of it.