Quote:
Originally Posted by Dirty F
Zillions of people use Paypal. Guess what, you have to load it from your bank.
It's a start up problem. Not a general problem.
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Guess what, you don't
People can transfer you money as a gift, you can sell things on eBay to fund your account etc.
Quote:
Originally Posted by dyna mo
it's all set-up pretty sweet at mtgox, just upload images of required docs. then wait...........and wait.............................................. ................
.............................................and.. ...................
wait.
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Signed up a week ago, still waiting!
Only another 10,000 people infront of me in the que
Quote:
Originally Posted by dyna mo
ripple is pretty interesting, some say it can solve the mtgox issue as it creates an otc style exchange, problem is in doing that, it has to translate btc to it's own crypto-currency which may just reintroduce the same problem as mtgox.
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At this point it's just an interesting concept, if you registered on bitcointalk.org before February 2013 they are giving free credit in a thread over there.
Quote:
Originally Posted by BlackCrayon
Also the fact that in the US/Canada you can't send a wire transfer online, you have to actually go to the bank. pain in the ass. also i have to fill out some kind of anti money laundering form every time i send a wire over a certain amount. another pain in the ass.
and franck, most people use paypal with credit cards, not bank accounts. if there was an instant way to buy that didn't require verification docs to be uploaded, this would greatly help popularize bitcoins.
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Seriously? You poor bastards! I was annoyed today when I sent a wire transfer to Germany through my online banking and found out it was going to take 1 - 2 business days!
Yeah we have that in the EU too, I think the amount is €5000. Anything over it and it's flagged. That's why these Bitcoin exchanges need Passport & Proof of address documents when you register for the AML regulations.
Interestingly Bitcoin-24 didn't ask for any of this information from deposits and had their Polish bank account shut down, hence the site is offline.