Silk Road forums

Discussion => Newbie discussion => Topic started by: BohemianGhost on May 15, 2013, 12:36 pm

Title: Best place to buy bitcoins for the first time?
Post by: BohemianGhost on May 15, 2013, 12:36 pm
I was wondering if anyone can help me , as i will be buying BC for the first time i was just wondering where the best place (if possible) to buy from was.
thanks.   Ghost...

Title: Re: Best place to buy bitcoins for the first time?
Post by: narkiz1 on May 15, 2013, 12:42 pm
For the safest possible option I'd recommend using bitcoin-otc, at first it is a little daunting but once you've used it once it is the best option imo, check the security forum as there are a few thorough guides on how to use it. Where are you from as there are a few easier and quicker options also, if you're from UK look into using localbitcoins as thats real simple and quick but less anonymous, hope that helps :)
Title: Re: Best place to buy bitcoins for the first time?
Post by: BohemianGhost on May 15, 2013, 12:55 pm
thanks for the reply nark, i am in the uk ATM ... i would rather it was anon but localbitcoins does look allot simpler ...thanks again for the reply



Ghost...
Title: Re: Best place to buy bitcoins for the first time?
Post by: cheaplime on May 15, 2013, 01:51 pm
Localbitcoins - UK bank transfer or meet in person.

With UKBT you should have your BTC in minutes providing the seller is online and decent. I have had no problems with this service. There is a mark-up of about £5 at least.

Alternatively you can send £ to an exchange such as Bitstamp. Their bank is based in Slovenia I think so you have to do a SEPA transfer which also incurs costs (conversion/bank charges).

My method has been to buy more than I need at localbitcoins and send the surplus to Bitstamp where I wait for BTC value to rise. Once it has risen I sell the BTC to at least cover my costs. The fiat stays in Bitstamp ready to be exchanged when I want to make another purchase.

Title: Re: Best place to buy bitcoins for the first time?
Post by: crankersore on May 17, 2013, 12:58 am
Bitinstant
Title: Re: Best place to buy bitcoins for the first time?
Post by: charliegibson on May 18, 2013, 12:49 pm
What country are you in?
Title: Re: Best place to buy bitcoins for the first time?
Post by: QuarterBaked on May 18, 2013, 01:13 pm
yo, check out the buyer's guide:

http://dkn255hz262ypmii.onion/wiki/index.php?title=Buyer%27s_Guide#Getting_Bitcoin

do some reading, check out all the options that are available and pick the one that fits your situation the best :)