It's practically impossible for regular people to buy Bitcoin

Re:It's practically impossible for regular people to buy Bit... by mpg33 on Thursday November 28, 2013 @01:42PM (#6815848)

Same here...localbitcoins was very easy.

[ Parent | on HN ]

Re:It's practically impossible for regular people to buy Bit... by Guest2931 on Thursday November 28, 2013 @02:25PM (#6816023)

Is this really practical for mainstream use though? If I want to buy a single bitcoin, I need to meet a stranger and bring $1,000 in cash? If this is the recommended method of acquiring bitcoins, it deserves to fail.

[ Parent | on HN ]

Re:It's practically impossible for regular people to buy Bit... by nathan_f77 on Thursday November 28, 2013 @04:45PM (#6816625)

You don't need to buy a whole bitcoin. These aren't shares in a company. You can bring $50 and buy a fraction of a bitcoin.

[ Parent | on HN ]

Re:It's practically impossible for regular people to buy Bit... by clamour on Thursday November 28, 2013 @03:02PM (#6816158)

It's the recommended method for obtaining Bitcoin (semi) anonymously, ever since exchangers started complying with AML regulations. That, or cash-in-mail sent with a fake return address.

[ Parent | on HN ]

Re:It's practically impossible for regular people to buy Bit... by mpg33 on Thursday November 28, 2013 @03:32PM (#6816289)

There are multiple online options for buying on localbitcoins so you don't have to meet in person.

[ Parent | on HN ]

Re:It's practically impossible for regular people to buy Bit... by agashka on Thursday November 28, 2013 @02:30PM (#6816038)

I am a Canadian resident, and went through canadianbitcoins.com about 3 months ago. It was relatively easy and didn't take much time to get my bitcoins.

[ Parent | on HN ]