Need help with buying some bitcoins

Hihi, an elderly relative ask me to help with buying some bitcoins because the website only accepts this payment. They want to buy about $200 Aud to have some bitcoins to occasionally make some small payments.

Anyone can suggest a good place to buy it? Also which wallet to get to store it?

I have been trying to read up about it and don't really understand it.

Thanks!

Comments

  • a single bitcoin is worth 290 usd atm…

  • Was told need to buy $200-300 aud worth of it….

    • +7

      How many grams does that get you?

  • I walked past a bitcoin ATM in Melbourne today and seems they are in Sydney and Canberra also…

    http://abatech.com.au/

  • +4

    What drugs or (profanity) up porn are they buying?

    • Lol. Doesn't the 'deep web' use bit coins?

      • Thanks for the heads up….. had no idea what it was for.. Was wondering why on earth would you need such complications payment method……. i thought I was a bit out of date not knowing about it

  • +4

    an elderly relative ask me

    Classic!

  • http://whirlpool.net.au/wiki/bitcoin

    They say BTC Markets has the lowest fees in Australia.
    https://btcmarkets.net/

  • If I was going to buy Bitcoins I'd buy from this dude at LocalBitcoins.com

    https://localbitcoins.com/ad/156845/purchase-bitcoin-gift-ca…

    I thought the main point of Bitcoin was anonymity but with very few exceptions, like the one above, you've got to provide comprehensive ID verification.

  • I used CoinJar when I bought some, only because it was easy to add funds (via BPay).

    • CoinJar's fees are fairly high by international standards but probably as good as you can get if you use an Australian based exchange, according to the information here.

      https://comparebitcoins.net/

  • If it's not already clear from what others have said, I'd be wary of any website ONLY accepting payment in Bitcoins…

  • +1

    Just wanted to see if you ended up purchasing them?? Would be worth a fair bit now!

    • +1

      Be aware……
      Want to know about BITCOIN ?

      A lot of monkeys lived near a village.🐒🐒🐒🐒🐒🐒🐒

      One day a merchant came to the village to buy these monkeys!🐵🐵🐵🐵🐵🐵

      He announced that he will buy the monkeys @ $100 each. 🐵💵

      The villagers thought that this man is mad.😇

      They thought how can somebody buy stray monkeys at $100 each?

      Still, some people caught some monkeys and gave it to this merchant and he gave $100 for each monkey.

      This news spread like wildfire and people caught monkeys and sold it to the merchant.

      After a few days, the merchant announced that he will buy monkeys @ 200 each. 🐵💵💵

      The lazy villagers also ran around to catch the remaining monkeys!🐒🐒🐒🐒🐒🐒

      They sold the remaining monkeys @ 200 each.💵💵😋

      Then the merchant announced that he will buy monkeys @ 500 each! 💵💵💵💵💵

      The villagers start to lose sleep! … They caught six or seven monkeys, which was all that was left and got 500 each.🙊🐵🐵🐵🐵🐵🐒

      The villagers were waiting anxiously for the next announcement.🙄

      Then the merchant announced that he is going home for a week. And when he returns, he will buy monkeys @ 1000 each!🐵💵💵💵💵💵💵💵💵💵💵

      He asked his employee to take care of the monkeys he bought. He was alone taking care of all the monkeys in a cage.🐒🐒🐒🐒🐒🐒🐒🐒🐒🐒🐒🐒🐒🐒🐒🐒🐒🐒🐒🐒🐒🐒🐒🐒🐒🐒🐒🐒🐒🐒🐒🐒🐒🐒🐒🐒🐒🐒🐒🐒🐒🐒🐒🐒🐒🐒🐒

      The merchant went home.😎

      The villagers were very sad as there were no more monkeys left for them to sell it at $1000 each.☹️😞😓

      Then the employee told them that he will sell some monkeys @ 700 each secretly. 😶

      This news spread like fire. Since the merchant buys monkey @ 1000 each, there is a $300 profit for each monkey.💵💵💵

      The next day, villagers made a queue near the monkey cage.🐒🐒🐒🐒🐒🐒🐵🐒

      The employee sold all the monkeys at 700 each. The rich bought monkeys in big lots. The poor borrowed money from money lenders and also bought monkeys!
      🐒🐒🐒🐒🐒🐒🐒🐒🐒🐒💵💵💵💵💵💵💵💵💵💵

      The villagers took care of their monkeys & waited for the merchant to return. 😕

      But nobody came! …😤 Then they ran to the employee…🤠

      But he has already left too! 😉

      The villagers then realised that they have bought the useless stray monkeys @ 700 each and now unable to sell them! 😩😫😨😰😭😭😭😭😭😭
      The Bitcoin will be the next monkey business 😜

      It will make a lot of people bankrupt and a few people filthy rich in this monkey business. 🐒😉😅

      That's how it will end up.

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