Post
Topic
Board Bitcoin Discussion
Re: BitCoin Is Too Complicated for Average People!
by
nesh1
on 25/11/2017, 22:22:15 UTC
For example, I'm from Canada, and i was only able to buy bitcoin from coinbase, who has limit $100 per week, they charge 3.5% transaction fee, then when you transfer bitcoin to bittrex, they hit you with another fees, which is $5 to $7, end of the day you get $90 worth of bitcoin. I tried several other sites, which has way way high fees, not sure where you guys buy the bitcoins, i couldn't find any suitable sites yet, so i can buy bitcoin with ease.

Use GDAX. It's linked up with coinbase (same company, really). If you do a market buy, there is still a fee, but it's much less. If you do a limit buy, NO FEES! The catch is you can't use your credit/debit card. You have to do a bank transfer and it takes about a week. Well worth the extra effort though with the $ saved on fees.
No it’s not true that bitcoin is complicated for an average man bitcoin is such a currency which is for every one and any one can use it easily there is no such a tough and hard job in bitcoin it only need a little concentration and the rest of you can do it by yourself so we need to understand bitcoin and then start to use it for your bright future.

Bitcoin is not complicated for average people, but is expensive for average people. I usually can't afford buying bitcoins. It's really too expensive to have some bitcoin these days. The average people can't buy it freely because of the price.
I can partly agree with this because i think you are right about the expensive part but it is also complicated because at first when i started i knew totally nothing about bitcoin or altcoins and other crypto stuff.