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To: Bill Harmond who wrote (57599)9/15/2017 12:03:41 PM
From: FJB  Respond to of 57684
 
You can buy it here coinbase.com



To: Bill Harmond who wrote (57599)9/15/2017 12:18:37 PM
From: Slumdog  Respond to of 57684
 
No Bill, you may be able to buy a bitcoin ETF,
but to have actual bitcoin, which is really alpha-numeric
formula, a transaction must, by process, be recorded on the "Blockchain"

I have bought bitcoin from exchanges, such as Bitstamp, & Kraken,
and have even bought it privately for cash from individuals in coffee shops,
with laptops.

Every single transaction in Bitcoin is recorded on the blockchain.
The way that both parties know it is a legit transaction, is the blockchain will generate
confirmations, mathematically. Thats what differentiates real BTC from a line of nonsense
letters and numbers.

Whether it is a gift, bitcoin for cash, bitcoin for merchandise, the transaction
will emerge on the blockchain. You hold the bitcoin(formulaic code) in a wallet,
where you can add, or send to another wallet, some or all.

Check out the "Blockchain."



To: Bill Harmond who wrote (57599)9/15/2017 7:59:41 PM
From: Elroy  Read Replies (1) | Respond to of 57684
 
I live in the Philippines and use a local company called coins.ph.

In the US you cannot buy real Bitcoin via a normal brokerage account.

Popular companies which do USD to Bitcoin exchange include CoinBase and something called Kraken (I think). Setting up an account is a bit more cumbersome than setting up a brokerage account, but it's not too hard.

If you're interested I would suggest opening a Coinbase account and just putting a small amount of money in to learn about things. Crypto today reminds me a lot of the Internet stocks in the late 1990's, only earlier and wilder. There are lots of alt coins that are trying to do stuff, many of them scams, other real investable entities, and with about zero regulation and oversight by the "authorities".

There is a US stock - GBTC - which is a trust that just holds Bitcoin. So it tends to trade in tandem with the price of Bitcoin, but it tends also to trade at a large premium to the actual Bitcoin held. I own some of it. Super volatile, but it has gone from $103 up to $1000 and now down to $620, all in less than a year!