How to Buy Bitcoin Anywhere in the World • Hacker News Board

Re: How to Buy Bitcoin Anywhere in the World

#51

Post by echelon » Tue, Jan 10, 2017, 5:42 PM UTC

elastic_church wrote: post #38

echelon wrote: post #37

Is there a comparable list for buying altcoin in the US, such as ETH? I know Coinbase allows you to make ETH purchases (I've bought some there), but I'd be interested in other means. I'm not trying to dodge taxes, it's just that Coinbase seems kind of creepy now given how much the government is probing them. (I don't suppose the alternatives are any better / less sketchy?)

Genesis (Barry Silbert's exchange) allows OTC ETH buying. They can probably do OTC other things too, as the old adage goes money talks bullsht walks. I love ringing them up and negotiating prices. OTC is the best and fastest (no accounts, you give them your public address and they send you bank wire instructions), but I don't always have the minimum amount. Kraken is also a national currency exchange that has various…

Awesome info! Thanks!

Re: How to Buy Bitcoin Anywhere in the World

#52

Post by mrb » Tue, Jan 10, 2017, 5:42 PM UTC

throwaway7767 wrote: post #2

How to buy bitcoin anywhere in the world, as long as it's in one of the 31 countries on the list.

No, ALL countries really are covered [1]. These 31 countries happen to have country-specific recommendations. The page could benefit from a redesign and many people seem to think only 31 countries are covered...

[1] Generally the site say "use https://coinatmradar.com/ or use LocalBitcoins"

Re: How to Buy Bitcoin Anywhere in the World

#53

Post by echelon » Tue, Jan 10, 2017, 5:43 PM UTC

wheelerwj wrote: post #42

echelon wrote: post #37

Is there a comparable list for buying altcoin in the US, such as ETH? I know Coinbase allows you to make ETH purchases (I've bought some there), but I'd be interested in other means. I'm not trying to dodge taxes, it's just that Coinbase seems kind of creepy now given how much the government is probing them. (I don't suppose the alternatives are any better / less sketchy?)

The best way to buy alts is to buy bitcoin then convert to the altcoin of choice. out if curiosity, do you wantbto invest in alts or do you find them useful?

I want to put a little money into ETH and see what happens in a few years. I don't know much about other altcoins. What are the most popular / most useful ones?

Re: How to Buy Bitcoin Anywhere in the World

#54

Post by moritzsimon » Tue, Jan 10, 2017, 5:43 PM UTC

Roritharr wrote: post #10

I think the more interesting guide would be how to buy Bitcoins anonymously.

After what I found the best ways to do this is to a) find someone who sells it directly (cash Bitcoin) or b) buy it de-annonymized and use a bitcoin tumbler for obfuscation.

Re: How to Buy Bitcoin Anywhere in the World

#55

Post by mrb » Tue, Jan 10, 2017, 5:52 PM UTC

passwordreset wrote: post #44

victorhn wrote: post #14

A correction: Perhaps culturally Mexico belongs more to South America, but officially it is located in North America.

No, really, it's what part of America again? The _North_, you say?

"No, really, it's what part of America again? The _North_, you say?"

Mexico is usually included in the definition of North America: "[its usage] sometimes includes Greenland[11][12][13] and Mexico (as in the North American Free Trade Agreement),[12][14][15][16][17] as well as offshore islands." Source: https://en.wikipedia.org/wiki/North_America#Extent

Re: How to Buy Bitcoin Anywhere in the World

#56

Post by berns » Tue, Jan 10, 2017, 5:57 PM UTC

> BTC-E offers additionally the funding of an account with Credit Cards

That's incorrect

Re: How to Buy Bitcoin Anywhere in the World

#57

Post by rthomas6 » Tue, Jan 10, 2017, 6:00 PM UTC

How interesting that this post comes out right as the dollar value of Bitcoins is skyrocketing. What a 'coincidence'.

Re: How to Buy Bitcoin Anywhere in the World

#58

Post by aaroninsf » Tue, Jan 10, 2017, 6:09 PM UTC

The problem I had attempting to sell my old bitcoin last week was not where to buy it. It was where to sell it and come away with cash.

As a citizen of the US this appeared more or less impossible through any reputable means.

I'd say that's a show stopper to adoption. The most practicable thing for small amounts (a few K or less) still seems to be: buy a gift card at a service you actually use; or, shop Dell, Expedia, Tiger Direct, or New Egg.

To put blame where it is absolutely due: this is a direct result of aggressive intimidation by the federal government on institutions attempting to provide consumer banking services for bitcoin, or attempting to do business with startups and the like in the industry.

Re: How to Buy Bitcoin Anywhere in the World

#59

Post by ReverseCold » Tue, Jan 10, 2017, 6:15 PM UTC

echelon wrote: post #53

wheelerwj wrote: post #42

Earlier quoted context omitted.

The best way to buy alts is to buy bitcoin then convert to the altcoin of choice. out if curiosity, do you wantbto invest in alts or do you find them useful?

I want to put a little money into ETH and see what happens in a few years. I don't know much about other altcoins. What are the most popular / most useful ones?

Before investing in eth, do your own research. Every coin has a share of problems. List of coins can be found at coinmarketcap.

Re: How to Buy Bitcoin Anywhere in the World

#60

Post by runeks » Tue, Jan 10, 2017, 6:49 PM UTC

moritzsimon wrote: post #54

Roritharr wrote: post #10

I think the more interesting guide would be how to buy Bitcoins anonymously.

After what I found the best ways to do this is to a) find someone who sells it directly (cash Bitcoin) or b) buy it de-annonymized and use a bitcoin tumbler for obfuscation.

For solving a) I recommend Localbitcoins.com. I've used it a couple of times without issues.