I found a guy on Craigslist selling bitcoin for cash so I wanted to buy one for $17,300. The price has been going crazy for the last month up and down. I want to give something to you guys though so I am doing a giveaway!
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See the actual purchase: https://blockchain.info/tx/e194a050d05fb917cd04b00dad804fef88acc86f540e555e52194eaf0229ec80
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We searched Craigslist in LA and called about five people before I found one who was actually willing to meet and sell us a whole bitcoin. We actually had to end up paying the 5% on the bitcoin, the plug called us back like 30 seconds after we said on video we didn't need to pay :( so that brings the total price of the bitcoin we paid $17,300.
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Very interesting video. Those Bitcoin vending machines are total rip off. Let's see, you bought a bitcoin for $17,300. Now a bitcoin is worth under $4,000. You loss roughly over $13,000 so far. You went way out of your way to make this transaction yet lost a lot of money as a result. With the $17,300, you have bought some safe dividend paying blue chip stocks, not lose all that money and get dividend. Bitcoin?......No thanks.
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He didn't buy a physical bitcoin. If you actually watched it you would see that he met up with the man selling the 1 BTC and he transferred it straight to Keaton electronically after he gave him the cash.
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