Can someone show me how to buy bitcoins?

[fiveteamer]

Just break it down and explain it to me like the moran I am.

I need to buy bitcoins in Canada. The caveat is that I doubt that my bank will allow me to etf online.

The whole process seems so shady and I don't know which sites I can trust.

 

[Blitty]

 

[Blitty]

Fiver, I'll just mail the drugs to you via paypal payment if you want.

 

[mrquincy]

https://localbitcoins.com/

There seem to be places here in GTA where u can buy them ...

 

[Matty]

2 options:

1) Sign up at a bitcoin exchange. A convenient one for Canadians is www.cavirtex.com. It interacts with your checking account. You'll need to get verified and shit, just like with Neteller back in the day.

2) Simpler option - go to www.localbitcoins.com and look for people accepting cash deposits or Paypal (I know, no Paypal in your case 'cause you stiffed them ) You'll need to go to the bank and deposit into their account. Sounds scary but the guys with 100% ratings on the site are safe, I've done it several times.

Option 1 is cheaper, option 2 is quicker.

 

[Matty]

Oh, totally forgot:

3) Go to the Bitcoin Decentral near King and Spadina. There's a Bitcoin ATM. Then stop by Matty's for a fresh homemade juice.

 

[fiveteamer]

Apparently on Spadina there's a bitcoin store where you can buy bitcoins from an ATM? How would that work? Do you get some sort of voucher?

 

[fiveteamer]

Fiver, I'll just mail the drugs to you via paypal payment if you want.

There's a new game in town, Agora.

http://agorabasakxmewww.onion/

 

[Matty]

Yes, you get some type of receipt with the public key/address (which is used to receive more money at that address) and a private key (needed to spend the amount of bitcoins associated to the private/public key combo.)

It sounds like a mess but it's pretty straightforward.

 

[kato]

the us irs is taxing bitcoins as property, not currency

fucked up

 

[Tron]

Matty, IYOW (InYourOpinionWally) would you invest in Bitcoin now if you were doing it mainly for fun/speculation even though liquidity was an issue?

If you were a Dumberican, how would you go about purchasing Bitcoins?

 

[Matty]

Tron, no. Buy to spend, the scene is too much of a mess right now and the price is sky-high already.

localbitcoins.com seems to be the best option for almost everyone at this point.

 

[Saulty]

I would rather buy Enron or Lehman Bros stock than bitcoins. At least you can use it as a loss on your tax return.

 

[fiveteamer]

Really? Can you purchase barbiturates on the deep web with Enron stock?

 

[Matty]

 

[Saulty]

Really? Can you purchase barbiturates on the deep web with Enron stock?

As long as you file a loss with your taxes. You can use the refund to buy drugs or bacon.

 

[CASPERWAIT$]

Wouldn't it be easier to pay with a money order?

 

[betplom]

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