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diegoprzl | 8 years ago

Turning cash into bitcoin can be as easy as buying gift cards.

I sold bitcoins in person around 2012-2013. I had way more demand than bitcoins I was willing to sell.

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bradleyjg|8 years ago

I had way more demand than bitcoins I was willing to sell.

Doesn't that imply it isn't easy? Or at least wasn't back then?

dyim|8 years ago

I also had some friends who did this around 2012-2013. It was pretty easy, and they were making 25-30% margins on the bitcoins that they sold. Sounds great!

They ended up getting scammed a few times, and they realized that it was a fairly efficient market after all. So they got out.

diegoprzl|8 years ago

For buyers it wasn't easy back then. Now, in Spain, you can turn cash into bitcoins very easily. There are bitcoin ATMs in a lot of cities where you can buy/sell bitcoins anonymously with a 1000 euros limit.

With a bank account or debit card it's even easier.