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(02-19-2015 04:53 PM)Truth Hurts Wrote: [ -> ]Only works for these countries:

[Image: AT-686e2fe271023cb20613ec1e4a6f03e3.png]Austria

[Image: BE-54293a32ec62d99e69f832d425c8a333.png]Belgium

[Image: BG-17f1dd02f37896ccccbcbfc20347bc59.png]Bulgaria

[Image: HR-18b21325161d9732e2cb20849537647d.png]Croatia

[Image: CY-c88f49f4adda993a0dccbf80e9c1e051.png]Cyprus

[Image: CZ-0aa3babb14db0ccdce8bff3381dd4197.png]Czech Republic

[Image: DK-1d1e51eddce0f76cefa23b61c100bf07.png]Denmark

[Image: FI-707fee6ea875aa9e1eccf337555cde44.png]Finland




[Image: FR-81300ecb0f41864bf919df527f2c37f9.png]France

[Image: GR-212a60ed1314398744d15794c94a694a.png]Greece

[Image: HU-1b89b1955268dee72f1e6b4ef3f320a5.png]Hungary

[Image: IE-19df85dd35a175490529a536070cd2de.png]Ireland

[Image: IT-8659fd6af4a99e616c8a6195b1d4528b.png]Italy

[Image: LV-3da5cb1fa2273d8e0fb67269ffae00ee.png]Latvia

[Image: MT-f1a7b20553d451463f6d828edca8a084.png]Malta

[Image: NL-520046bca501f7c539436c7c880a8e54.png]Netherlands




[Image: NO-66ce7b259c3ebc0a7c28c3efea4e32dc.png]Norway

[Image: PL-01aa673a4c0cc151ea8ae20fd09d3e6f.png]Poland

[Image: PT-cdd64e70222b824b1e25b29c1291a7b2.png]Portugal

[Image: SK-5d56cf32d01309932fb9677b89068856.png]Slovakia

[Image: ES-a68027fc0c48627d4b8d00e094740919.png]Spain

[Image: SE-79fd9c30319daac5a5c537b6694468e0.png]Sweden

[Image: CH-c56644ea62edf437ae0c854cb68e1408.png]Switzerland

[Image: US-51822f9094694c0f2406253cb895fa20.png]United States
Why only in this country?
I am from germany, many countries are at our border.
can i use VPN?
ANY IDEA?
I'm in Canada and can't use coinbase either. But that's just the site he uses to buy his bitcoins...there are plenty of other exchange sites where you can buy them.

He then sells them on localbitcoins.com, which supports 240 countries. So if you research bitcoin exchange sites in your country you should still be able to use this method.

All in all looks like a pretty solid method.
Looks good on paper but first, coinbase is gettiing the reputation of bring th eNSA of exchanges. They are haulting accounts for selling (as described in the WSO) on localbitcoins.com and for purchasing items deemed unaccaptable to their TOS! Bitstamp might be a better alternative but all of these exchanges have their drawbacks and it is not the quick $100 the author claims, never is! In addition, if you are US, you better consider the tax nightmare this type of arbitrage can cause come tax time. Just my 2 cents, I liked it until I started peeling back the layers! Talk about a red flag for audits, or snooping for money laundering this is it IMHO!
(02-20-2015 10:32 AM)Agent89 Wrote: [ -> ]I'm in Canada and can't use coinbase either. But that's just the site he uses to buy his bitcoins...there are plenty of other exchange sites where you can buy them.

He then sells them on localbitcoins.com, which supports 240 countries. So if you research bitcoin exchange sites in your country you should still be able to use this method.

All in all looks like a pretty solid method.
+REPS!
Of course. People should be creative. WSOs and pretty any other courses are not meant to be followed step-by-step. As for this one, it's really good and solid. I can't use Coinbase myself, but I've operated on Cryptsy smoothly for about one year. I'll see if I can implement this.


(02-20-2015 04:59 PM)zimzoom Wrote: [ -> ]Looks good on paper but first, coinbase is gettiing the reputation of bring th eNSA of exchanges. They are haulting accounts for selling (as described in the WSO) on localbitcoins.com and for purchasing items deemed unaccaptable to their TOS! Bitstamp might be a better alternative but all of these exchanges have their drawbacks and it is not the quick $100 the author claims, never is! In addition, if you are US, you better consider the tax nightmare this type of arbitrage can cause come tax time. Just my 2 cents, I liked it until I started peeling back the layers!
Good advice!
Quote: Talk about a red flag for audits, or snooping for money laundering this is it IMHO!
Somehow, yes.
Its work in India?
thank you for the share +5 goodness
Not to rain on this parade, but someone had better pay attention to these articles before diving into this: http://www.coindesk.com/information/is-bitcoin-legal/

Information is power!

and: http://www.coindesk.com/bitcoin-law-mone...-level-us/
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