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easiest way to buy cryptocurrency

Discussion in 'CryptoCurrency' started by partymarty4870, Mar 11, 2014.

  1. partymarty4870

    partymarty4870 Elite Member

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    this obviously won't apply to crypto's like bitcoin and litecoin, but is a quick and easy way to grab a few of the speculative kinda ones like dogecoin etc.

    Rather than fucking around buying bitcoin and then trading it for them simply go to ebay.

    Sure you'll pay a 50-100% premium for doing so, but you're not doing this to cash out when you double your money. On todays prices 10,000 dogecoin is $7.34. I'm not going to care if I paid $12.50 on ebay if they ever go up to 10 cents each, let alone $1!

    Or you could register at a couple of websites, click on confirmation emails, send ID, wait for a day or two, buy bitcoins, wait, trade.... (maybe not exactly how it happens, just what it sounded like to me:))
     
  2. norm1388

    norm1388 Jr. VIP Jr. VIP Premium Member

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    Gotta be careful with this kind of stuff especially cryptocurrencies right now they're very volatile and most depend on bitcoin to be strong. With current trends its gonna be a long time before doge hits the 1$ mark, if it ever does.
     
  3. Saber7

    Saber7 Newbie

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    Ebay transactions tend to go okay as they have a good trusted seller system,
    personally however I can't justify paying the premium prices. If your not a miner
    then I think it's worth the trouble of verifying your information on a real exchange
    like cryptsy or btce
     
  4. zacatictac

    zacatictac Power Member

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    I's say it better to just go to reddit.com/r/dogemarket
     
  5. myinternetempire

    myinternetempire Jr. VIP Jr. VIP

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    Agree with you. Buying bitcoin is the best option. If you have enough capital, buy some bitcoin and wait. When the price arise sell it.
     
  6. ozzke

    ozzke Regular Member

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    First of all: do your research first and don't panic buy or panic sell. The Altcoin game is a very volatile market and 90% drops and 200% gains in a couple of hours is not uncommon.
    I have a friend who sells cryptocoins through ebay/Paypal and that goes well.
    He is focused on http://pandacoinpnd.org/ (and as am I because I'm part of that development team) and you can buy them with paypal here: http://www.buypnd.com/ there are obvious limitations because it's Paypal so you can only buy a limited amount.

    You can also buy for example Dogecoin with Paypal ( https://weselldoges.com/ ). But well just look at the graph of value of Doge and that should say enough.
     
  7. JoeMongan

    JoeMongan Jr. VIP Jr. VIP Premium Member

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    The OP was not talking about risk or which coin is better. Its just a simple and nice
    way to purchase what you want.

    -RK
     
  8. Asif WILSON Khan

    Asif WILSON Khan Executive VIP Premium Member

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  9. liberox

    liberox Power Member

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    Is it SAFE to use paypal at these sites? It`s against PP TOS. I`m looking to buy some small amounts of these too, but want to avoid pp payments. Debit cart will be better.
     
  10. ozzke

    ozzke Regular Member

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    These sites have been around for a while, but like I said: you can only buy small amounts. I've used them quite a lot because I was tired of buying bitcoin, waiting for banktransfer to arrive, then transfer bitcoin and then buy altcoins.
     
  11. gary2

    gary2 Jr. VIP Jr. VIP Premium Member

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    i agree with your logic... buy bitcoins wait and sell them when they are high... simple and easy
     
  12. RyanPumper

    RyanPumper Newbie

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    You really shouldn't be buying any altcoin if your intention isn't to profit from short-term trading. There are several exchanges: bittrex, mintpal, cryptsy etc