Bitcoin Forum

Economy => Service Discussion => Topic started by: fauhc9 on July 29, 2013, 01:31:00 PM



Title: flatbitcoin.com
Post by: fauhc9 on July 29, 2013, 01:31:00 PM
hello guys,

i found this site, what do you think about it? https://www.flatbitcoin.com/

greetz
fauhc9


Title: Re: flatbitcoins.com legit?
Post by: bitcoin44me on July 29, 2013, 01:36:10 PM
Paypal -> Bitcoins seems scam....
Usually, if the website is legit, you can give them bitcoins and receive some money by paypal (with huge fees), but you can never buy bitcoins with paypal (chargeback).


Title: Re: flatbitcoins.com legit?
Post by: fauhc9 on July 29, 2013, 01:41:56 PM
Paypal -> Bitcoins seems scam....
Usually, if the website is legit, you can give them bitcoins and receive some money by paypal (with huge fees), but you can never buy bitcoins with paypal (chargeback).

alright, thx.. :-\


Title: Re: flatbitcoins.com legit?
Post by: favdesu on July 29, 2013, 01:42:10 PM
I'd stay away from this sites. Paypal = insta scam


Title: Re: flatbitcoins.com legit?
Post by: J603 on July 29, 2013, 01:53:20 PM
hello guys, i'm new to bitcoin..

is this site legit? https://www.flatbitcoin.com/
i found another site which is exactly the same site, just another domain name: https://difoundo.com/

thanks in advance
fauhc9

It doesn't look very reliable. Even if it is legitimate, it's a new site so you never know if it will be successful or go out of business, in which case you lose everything.

If you want to use PayPal, VirWoX does transactions using it.


Title: Re: flatbitcoins.com legit?
Post by: fauhc9 on July 29, 2013, 01:58:52 PM
It doesn't look very reliable. Even if it is legitimate, it's a new site so you never know if it will be successful or go out of business, in which case you lose everything.

If you want to use PayPal, VirWoX does transactions using it.

how exactly does virwox work?


Title: Re: flatbitcoins.com legit?
Post by: J603 on July 29, 2013, 02:11:07 PM
It doesn't look very reliable. Even if it is legitimate, it's a new site so you never know if it will be successful or go out of business, in which case you lose everything.

If you want to use PayPal, VirWoX does transactions using it.

how exactly does virwox work?

VirWoX is an exchange for Linden dollars (SLL), the currency in Second Life. You can buy SLL using PayPal, CC (through Skrill/Moneybookers), wire transfer, and some other methods. Because SLL is much easier to track, VirWoX isn't afraid of chargebacks on CC or PayPal. You can't buy the BTC directly; instead you buy SLL and then exchange it for BTC.

For your first purchase, it takes 2-3 days for your account to be verified, but after that purchases are instant. Just deposit money, buy SLL, exchange SLL for BTC, and then either send the BTC to another wallet (.01 fee) or keep it on your VirWoX wallet. The only main issue is that you have a daily transaction limit, which is only about 100, although it increases over time. But if you're looking for your first bitcoins, this is the easiest way in my opinion.


Title: Re: flatbitcoins.com legit?
Post by: BestAltCoin on July 29, 2013, 02:11:40 PM
I think this site is scam.


Title: Re: flatbitcoins.com legit?
Post by: fauhc9 on July 29, 2013, 02:12:36 PM
VirWoX is an exchange for Linden dollars (SLL), the currency in Second Life. You can buy SLL using PayPal, CC (through Skrill/Moneybookers), wire transfer, and some other methods. Because SLL is much easier to track, VirWoX isn't afraid of chargebacks on CC or PayPal. You can't buy the BTC directly; instead you buy SLL and then exchange it for BTC.

For your first purchase, it takes 2-3 days for your account to be verified, but after that purchases are instant. Just deposit money, buy SLL, exchange SLL for BTC, and then either send the BTC to another wallet (.01 fee) or keep it on your VirWoX wallet. The only main issue is that you have a daily transaction limit, which is only about 100, although it increases over time. But if you're looking for your first bitcoins, this is the easiest way in my opinion.

alright, i'll try that!

thanks everyone!



Title: Re: flatbitcoins.com legit?
Post by: childress330 on July 29, 2013, 03:41:17 PM
Paypal to Bitcoin is a scam.


Title: Re: flatbitcoins.com legit?
Post by: CryptoChamp on July 30, 2013, 02:46:39 PM
I didn't made any transaction with this site. But I think they are legit.


Title: Re: flatbitcoins.com legit?
Post by: icm_24 on July 30, 2013, 03:58:46 PM
The more legitimate sources for BTC there are the better. I hope you guys succeed. :-) I had trouble finding another source after BitInstant went down so the more viable options for purchasing BTC there are, the better for all of us.


Title: Re: flatbitcoin.com
Post by: Litecoin4me on August 02, 2013, 10:55:25 AM
I didn't researce about this site yet.


Title: Re: flatbitcoin.com
Post by: MylesC on August 02, 2013, 12:03:40 PM
I believe it's also against the Paypal Terms to buy/sell virtual currencies. Making this illegal, so don't get scammed!


Title: Re: flatbitcoin.com
Post by: J603 on August 02, 2013, 12:47:59 PM
I believe it's also against the Paypal Terms to buy/sell virtual currencies. Making this illegal, so don't get scammed!

It's not illegal, as PayPal isn't the law, but if they find out you were buying BTC they will freeze your account and everything within will be lost.


Title: Re: flatbitcoin.com
Post by: CoinsStock on August 02, 2013, 02:05:46 PM
Bitcoin the unreversible but paypal is reversible. So, I don't think it will last long.


Title: Re: flatbitcoin.com
Post by: BtceTrader23 on August 03, 2013, 09:15:38 PM
I don't think it is legit site.


Title: Re: flatbitcoins.com legit?
Post by: AForceNinja4 on August 10, 2013, 07:48:56 PM
I think this site is scam.

How would you know that this site is scam?


Title: Re: flatbitcoin.com
Post by: Peter Lambert on August 10, 2013, 07:58:27 PM
I believe it's also against the Paypal Terms to buy/sell virtual currencies. Making this illegal, so don't get scammed!

FlatBitcoin does not sell a digital Currency.(not directly) We do sell a digital service, by delivering a certain amount of BTC from our Wallet to our Customers Wallet. This means, we are not a trading company, we do not "sell a digital currency", we sell a digital delivery service. Digital Downloads/services are not against PayPal's TOS.

Thus Our service does not infringe PayPal's TOS.

You can dress it up all you like, but before the transaction you have the BTC and they have the PPUSD, and after the transaction you have the PPUSD and they have the BTC, so therefore you used Paypal to sell the BTC.


Title: Re: flatbitcoin.com
Post by: 247Trader on August 13, 2013, 07:57:55 PM
You have to buy BTC from this site with 20% higher rate.


Title: Re: flatbitcoin.com
Post by: Rig4Coin on August 15, 2013, 05:01:25 PM
I don't think it is legit site.

It is legit but against paypal terms and conditions. If paypal don't suspend their account they will be fine.


Title: Re: flatbitcoin.com
Post by: Crypto4NY on August 15, 2013, 05:23:39 PM
Actually not any other site support exchange bitcoin with paypal but they started. I think they launched their site to make some quick cash with 20% exchange fees. But paypal will never let them continue for long time.


Title: Re: flatbitcoin.com
Post by: GpuLover on August 15, 2013, 07:47:10 PM
Their verification method is very difficult. I think they are legit.


Title: Re: flatbitcoin.com
Post by: Trader247 on August 15, 2013, 08:08:10 PM
hello guys,

i found this site, what do you think about it? https://www.flatbitcoin.com/

greetz
fauhc9

Did you made any transaction with them?

I think to be confirm we have to make some transaction with them.


Title: Re: flatbitcoin.com
Post by: xanto on August 15, 2013, 09:09:24 PM
Hello!
I just wanted to confirm that this site is legit and working. I am friend with FlatBitcoin and been following him under the development.


Title: Re: flatbitcoin.com
Post by: J603 on August 16, 2013, 02:54:21 PM
Hello!
I just wanted to confirm that this site is legit and working. I am friend with FlatBitcoin and been following him under the development.

You have a new account, no trust (despite supposedly making a transaction with FlatBitcoin), and you're his friend.

Why would anyone trust your feedback?


Title: Re: flatbitcoin.com
Post by: xanto on August 16, 2013, 03:05:36 PM
I'm just providing information from my side, I don't care if people believe it or not. This site uses a very secure way to confirm users, they wont sell to people without any of the required info.


Title: Re: flatbitcoin.com
Post by: GpuWorks on August 31, 2013, 04:32:44 PM
This site is legit but I don't think they will be able to run their project for long time.


Title: Re: flatbitcoin.com
Post by: CoinsMiner on August 31, 2013, 04:46:04 PM
Their verification method is excellent. So, you cann't use any hacked paypal account to buy bitcoin. This site is legit.


Title: Re: flatbitcoin.com
Post by: indigenous on September 01, 2013, 03:56:18 PM
Their verification method is excellent. So, you cann't use any hacked paypal account to buy bitcoin. This site is legit.

Only verification method doesn't prove that, site is legit. We have to check their service.


Title: Re: flatbitcoin.com
Post by: DoNotMineD on September 01, 2013, 06:07:59 PM
It's a good news for bitcoin community that using paypal everyone can buy bitcoin. But I don't think paypal will support this site for long time.


Title: Re: flatbitcoin.com
Post by: Coin4Future on September 02, 2013, 12:13:48 AM
Bitcoin the unreversible but paypal is reversible. So, I don't think it will last long.


I do agree with you. But this site is continuing their server for few months. I think they will stay for long time.


Title: Re: flatbitcoin.com
Post by: Time2Rest on September 02, 2013, 06:32:29 PM
No doubt that, this site will be down within few weeks. Paypal will never support this type of transaction.


Title: Re: flatbitcoin.com
Post by: hundleycrozco on September 03, 2013, 03:29:31 PM
The site is 100% legit. I bought 2 BTC from this site.


Title: Re: flatbitcoin.com
Post by: dial2mcallister on September 03, 2013, 05:07:38 PM
This site will be down within few weeks.

Scam


Title: Re: flatbitcoin.com
Post by: 247Trader on September 04, 2013, 01:19:58 AM
I have 10 years experience on online marketing. I'm sure this site will be down when paypal will knows about their service.


Title: Re: flatbitcoin.com
Post by: BuyAllBTC4 on September 04, 2013, 07:52:16 PM
Hello!
I just wanted to confirm that this site is legit and working. I am friend with FlatBitcoin and been following him under the development.

How we would believe you?

Your trust score is negative. I can't believe you.


Title: Re: flatbitcoin.com
Post by: Trade4Coins on September 05, 2013, 10:28:53 PM
It looks legit site. But I'm confused about their service.


Title: Re: flatbitcoin.com
Post by: ndnh on October 31, 2013, 01:06:04 AM
SEE https://bitcointalk.org/index.php?topic=319732.0

FLATBITCOIN IS A SCAM !!!

I had invested 0.5 btc @ https://flatbitcoin.com/invest/  on oct 5

Proof: Oct 5, 5:34 pm   FlatBitcoin   0.5BTC

Transaction ID   
io877ff4c525b2c2ed761c683214f19332c66c387ce20bcac263107976fe537c
Time   Oct 5 2013 17:34:59
To   FlatBitcoin
Amount   0.5BTC
Amount (BTC Sent)   0.5 BTC
Value when sent   $65.21 USD

Failed to receive a relply after submitting tickets and sending mails to support@flatbitcoin.com given at https://flatbitcoin.com/

Is it possible to recover the amount?

Please DO NOT INVEST IN FLATBITCOIN