Buying bitcoins

Stuxnet wrote: »

I used the website eircoin few years back to buy a few $$ in bc. Was handy as was Irish based and you could pay for your coin via Irish bank transfer.

Site does not seem to be operating anymore.

Anybody know of similar alternative Irish broker, or whats the least painful way to purchase some coin that all the cool kids use these days.

Thanks

If you want an irish service provider, you could use www.bitcove.ie . However, SEPA transfer opens up a host of european exchanges - such as Bitstamp, Kraken and Belgacoin.

Local Bitcoins is also an option if you'd prefer a peer to peer exchange.

Stuxnet wrote: »

Thanks lads for the input

Interesting both eircoin and bitcove use the cliffs of moher on their front page ! Wonder is it the same team

Thanks again for the help.

Well the value of crypto has fallen off a cliff!!

I’ll get my coat.

cnocbui wrote: »

It keeps doing that. Funny how you never seem to notice when it climbs back up. Wish you would,

Ara I was only being lighthearted. Sure it’s been falling for over a year now.

JohnnyFlash wrote: »

Well the value of crypto has fallen off a cliff!!

I’ll get my coat.

I’m waiting for TytanicCoin

NoeldeBournaix wrote: »

For anyone wishing to use a bitcoin ATM in Dublin, there is one located in PAIR mobile on Wicklow street. I went in there yesterday to try it out. You can also get ethereum.

It was very straightforward, you can exchange up to 250 euro without ID. The fees are fairly high at about 8%. I got 0.032038 BTC for 250euro in to my mobile wallet. Have seen a few cafes/ restaurants accept BTC when I've been abroad, but nothing here in Ireland yet.

https://boinnex.com/bitcoin-atm-dublin/

can you get cash for btc from it?

Why you choose Bitcoin ATM instead of an exchange? The exchange rates of each ATM are too high, and there are too many limits.

I would say bitcoin gives the best option for making the money through the help of and making more profit options.There are some of the people who love to I would say bitcoin gives the best option for making the money through the help of and making more profit options.There are some of the people who love to make money through the trading platform which is also the good option for earning the money easily. make money through the trading platform which is also the good option for earning the money easily.

Angelo Sparse Sunflower wrote: »

Can't see me spending my Bitcoin for at least 5 years, not because I can't, but because I don't want to.

Mine's staying put until I'm living somewhere the CGT is 0%, not 33%.

Bob24 wrote: »

If yes I personally find it rather convoluted.

Please watch the youtube video halfway down the article and let me know what part of that process is convoluted.

Bob24 wrote: »

If the endgame is to convert crypto into a fiat card paymen

The Bitcoin holder doesn't have to touch FIAT. The processor does that for them. It seems pretty seamless to me.

Bob24 wrote: »

I find actual MasterCard or Visa cards associated to a crypto wallet better, as they will work anywhere (online and in physical shops)

Terrific - if you're happy with that - then keep using it. This gives people another option - and they themselves don't have to touch FIAT. Remember also that in many jurisdictions, the opportunity to hold a card with a crypto account isn't an option.

Bob24 wrote: »

and don't require specific coding for every website

With this browser extension, it doesn't need coding for every specific website - but it does need activation at a processor level. That means that mom and pop ecomm sites can be enabled in the future - without manually activating one at a time.

This is a good interim solution. As volumes grow, that company can approach ecomm sites and make a case for direct integration and support. I hope that people in the crypto community get behind it.

In any event - it takes one of those main criticisms (i.e. you can't buy jack with crypto) off the list. With 353 million products available via Amazon - that alone means that anything can be purchased with BTC ...before others are added. There are many others that will need to follow - but step by step.

makeorbrake wrote: »

Please watch the youtube video halfway down the article and let me know what part of that process is convoluted.

You need a browser extension meaning you have to install it on every single time you install a new browser or use a new computer (and it will never support all browsers, especially mobile ones - and is unlikely to support mobile Apps which many people use to shop nowadays). And it only enables payment on a handful of websites so it is not that practical.

Only someone who care deeply about crypto and/or is curious to try will bother with that. And if they are going to invest time into a crypto to fiat payment solution, why not just go for one which supports any website or physical store?

But what I was saying is more that based on how I understand it, the implementation seems convoluted:

makeorbrake wrote: »

With this browser extension, it doesn't need coding for every specific website - but it does need activation at a processor level. That means that mom and pop ecomm sites can be enabled in the future - without manually activating one at a time.

As I said I am not 100% clear how it works in the background, but the link you posted clearly states there is no partnership with Amazon. Without a cooperation with Amazon how can it work besides using specific code in the extension which fills-out the payment form on Amazon's website (and which therefore will not work with any other website as their payment form will be different).

makeorbrake wrote: »

The Bitcoin holder doesn't have to touch FIAT. The processor does that for them. It seems pretty seamless to me.

Yep I get that, I could be wrong but it is the same with the like of a Coinbase card as far as I know - hence why I mentioned it as an alternative. The reason I find the card more elegant is that the implementation is not specific to any vendor (i.e. it it gives a much better reach out of the box for the user and in terms of maintenance it doesn't require to constantly be tweaked to support more vendors).

Bob24 wrote: »

You need a browser extension meaning you have to install it on every single time you install a new browser or use a new computer

How many times in a year do you install a new browser? When you do so, can you not import browser extensions?

Bob24 wrote: »

and it will never support all browsers, especially mobile ones).

The startup is only up and running a number of months - it supports browsers that are used by 70% of the global public. As for browser extensions on mobile browsers, by all accounts they're coming. It's already possible with many mobile browsers - its just that such extensions are not officially supported on mobile yet by the likes of Chrome, etc.

Bob24 wrote: »

And it only enables payment on a handful of websites so it is not that practical.

I think you are missing the point here. The point is that for holders of Bitcoin - existing holders of Bitcoin - they have a tangible option if they should choose to go out and buy products with their crypto.
You have to walk before you can run. Moon Tech are offering a valid option for people in that situation - of which there are 100s of thousands.

Bob24 wrote: »

Only someone who care deeply about crypto will bother with that.

See above. So in the scenario where I have BTC right now and I don't have a card attached to a crypto account, it's not a question of 'caring deeply' - its a real tangible option.

Bob24 wrote: »

And if they are going to invest time into a crypto to fiat payment solution, why not just go for one which supports any website or physical store?

What TIME????
Secondly, because this is a solution for people that already have BTC and might choose to spend it on goods. Many of them don't want to touch FIAT.
Furthermore, many of them see what the implications are here. i.e. this is a workaround and a precursor to direct integration. It's only with real integration, that startup will make money - so that's the play. Anyone who really believes in crypto would see the value in it.

Bob24 wrote: »

why not just go for one which supports any website or physical store?

Because this is a workaround that will lead to actual integration. Secondly, give them a chance. They're only up and running a few months. As previously posted, they are not going to be activating these store by store - it will be processor by processor.

Bob24 wrote: »

The link you posted clearly states there is no partnership with Amazon. Without a partnership how does it work in the background, besides using specific code in the extension which fills-out the payment form on Amazon's website (and which therefore will not work with any other website as their payment form will be different).

It provides the conversion so you as a crypto holder don't have to. They can do that without having any dealings with the e-tailer. Amazon are oblivious to it. The purchaser is largely oblivious to the conversion - from their perspective, they've paid with BTC.