Bitcoin Forum

PM (https://bitcointalk.org/index.php?action=pm;sa=send;u=29395) or find me on OTC (http://webchat.freenode.net/?channels=#bitcoin-otc) for more info or quotes
I have a positive reputation (http://paraipan.myopenid.com) in the community and my goal is to keep it that way.

edit: If a reasonable demand exist i will consider turning it into a fully fledged service
edit2: minor fixes

Finally, someone stand out.
Watching.

Thanks  :)

Any chance you can do Anelik wire as well? :)

i will look into it, thanks

Saw the title, and thought I'd be able to buy bitcoins by dropping cash off at an office.

Dang. :(

Still, seems like a useful service; good luck.

lol, i should change that if it's misleading. Dropping cash at an WU or MoneyGram office to buy bitcoins would be good ?

It would be awesome. Forget having to go to Bank of America to use BitInstant through CryptoXChange to deposit into an exchange, make bids and finally withdraw some bitcoins. Being able to drop cash, get coins would bring Bitcoin to the masses.

I'd go so far as to predict: the first person to allow average people to drop $10 cash within a 30-min. drive and get bitcoins within the hour for a reasonable % fee (I'd do it for 10%-25%, myself) across most of the U.S. is going to get rich.

How about a website that not only lets you deposit cash and instantly get Bitcoins at any bank in the US...but will get you the best price possible since we have reservers at every exchange.

Give us 3 weeks...

-Charlie,
BitInstant.com

I agree that it would be awesome but i'm not trying to make any competition to BitInstant here, awesome service btw, only giving the possibility to cash faster in local fiat. It isn't instant, giving that our current system works that way, but pretty fast and you avoid the high fees you pay when making international wires. It can work in reverse too if you want some bitcoins but you will have to use the same time frame, 24-48h.

waiting forward to it, cheers Yankee  :D

Thanks  ;D You'll be the first to know.

If you do decide to make your system above into something bigger and automated, shoot me a PM and we can integrate it into our system.

You can be sure of that, thanks

Will you support other countries too? I am specifically talking about EU here ;-)

@malevolent do you mind sending Yankee a PM with any question you may have regarding his services ?

Hey, I responded to your PM.

We're finishing up EUR deposits over the next month or so.

Available and accepting orders

Added ability to track the transfer status (http://goo.gl/duSxR)

BitInstant should get on this. Been very happy with depositing cash to buy bitcoins. Would love to have an automated way to get cash for bitcoins at all these locations worldwide as I travel a ton.

I agree, I spoke to Ben and whenever he is ready, we have the tech available to him

Keep your distance from this service and any others offered by paraipan.  He is hurting the Bitcoin community.
https://bitcointalk.org/index.php?topic=64176.0

Thanks for the update man. I cant believe he filed a complaint.

All respect gone.

Such a shame, I had a great proposal for him to make a boatload of money by working with us. Thats out the window

How can I trust him now

A very short sighted act this guy did.

I am a little confused about this service

you say that you can go exchange Bitcoins for cash at any of these "offices"
but you also say funds will be available in 24-48 hours

can you elaborate (details please) on how I can go to my local quickie mart and get Apu to give me cash for Bitcoins?

I don't know what kind of partnership we might had if you make case of such claims about me. Hope for the best and that people in the community see the danger before it hits them.

edit: any moderators around ? please help guys

I was watching this idea and it looked very interesting to me.  Actually looked like a fresh idea.  What the hell where you thinking?

if you're so kind to read the post in the other thread you will understand my motives

I know your busy politicking right now but could you please answer my question? I am really interested in being a customer. If I could exchange Bitcoins for cash locally I would be doing this every week, you have an office about 30 miles from me, its a little ghetto quickie mart in the bad part of town but as long as I go in the morning or middle of the day I should not have to worry about getting shot...

That is what this thread is about isnt it? Your promoting this service? Well I have a Question.. :)

Are you an employee or owner of CONTACT?  Or are you some sort of affiliate?  What is your AML program for this service? 

Do you have an office in China?

thanks and sorry for not giving you the deserved attention, please send a PM with any questions you may have regarding your needs and i will gladly answer them all

Oh, I read it...many time. All I see is hypocrisy.

Your quotes:



However, your essentially taking cash for a service without any AML compliance. Do you work for them? You realize this is illegal right?

FinCEN Law:

Source: http://www.fincen.gov/financial_institutions/msb/pdf/FinCENfactsheet.pdf

Are you an agent of CONTACT?

-----

According yo your logic, I'm not trying to 'hate' on you right now so please dont take it personally. I'm simply trying to make sure everyone is following their 'AML regulations'.

affiliate thanks to okpay.com. I collect and store sender identification and receiver is identified before collecting funds. I comply with the service sending limits that are under AML regulations.

Thanks for the polite response.  :)

I'm not familiar with OKpay's affiliate program with CONTACT, so let's leave it be.

*watching the thread*

Do you have measures in place to detect and prevent structuring?

Does OKPAY know that you are using their service to exchange currency, instead of just sending money?

the service doesn't support structuring, i had to search this one on wikipedia http://en.wikipedia.org/wiki/Structuring

okpay complies on their part doing the exchange from various e-curencies

What sending limit?
According to okpay webstie:
>> No Boundaries: OKPAY Company service is available worldwide with practically no limit on transaction amounts and volumes;

Edit: says benefit #7, link https://www.okpay.com/en/solutions/freelance.html

i understand you are not a native english speaker as me, by "no boundaries" they mean "no frontiers" and yes they have limits like all money services do.

Anyone who does business with this guy would be highly unethical. He has used the law (which exists to protect customers) as a commercial weapon. He has a conflict of interest. It is when companies (and large corporations) use the law in this manner that a society becomes corrupt. This guy is a promoter of corruption.

http://bitcoinmedia.com/bitcoinica-legal-complaint/

i already answered you in the thread you posted this first

https://bitcointalk.org/index.php?topic=64176.msg753541#msg753541

Thank you for being nice enough explaining the word "boundaries".
Now since you've admitted there IS a limit, should you let your potential (if any) customer know what those limits are?
Since you collect your customer's personal information, what will your privacy policy be and how are you going to do safekeeping? Should they know your information as well?

fixed that, i'm not a native english speaker  :)

The sending limits depend on every receiving office and are posted on the CONTACT (http://www.contact-sys.com/eng/transfer/to.html) page. Personal information is only used to make the actual transaction and saved for a reasonable amount of time to comply with regulations. Disclosure of any kind of personal info isn't made to any third parties not involved in the actual transaction. My personal information is provided upon request and stated in the receipt too.

Wow man...


I suggest you go back to whatever medication you used to be on, clearly the new pills are not working as intended..

you just lost a reader... and any trace of trust i had in your words, good moments reading your blog btw. Maybe you can fix the spelling on it and the fact that i didn't file the complaint against the Spanish authorities, but with them.

@teflone i will if they prescribe me some, one day  :)

i propose a boycott from OP.

read here (https://bitcointalk.org/index.php?topic=64176.0;all)

Do you mind commenting or responding to what he wrote?

Just saying 'spelling mistakes' dosent make his post not credible.

You've yet to respond (Please dont point me to another post you've responded in, write it here)

I would be more relaxed if the service you are providing had the Paraipan Seal of Approval, which it doesn't...  :-\ Any comments regarding that situation? When  will the seal be on the website?

https://i.imgur.com/ab4H1.jpg

Also it's worth of note that the service you are contracting to do the transfers for you doesn't have any information listed besides a couple email addresses and a couple phone numbers. Where is their AML compliance? Duality of criteria much, hein?

+1

This is a request for legal documents.

right in the first phrase:


i don't feel like commenting on his post right now.

@psy and RaggedMonk i have you ignored for attacking me personally, you can find me on #bitcoin or #bitcoin-otc if you want to chat or something

You 'don't feel like commenting on his post right now.' but you have the time to file a legal complaint against Bitcoinica?

Really dude, so immature, cmon.

And you want people to take you seriously.

Strange world, isn't it ? I just found you allow bitconica to use your services, so, are you prepared to take a hit in case they fail somehow ?

funny world. I think he is prepared :)
and you? do you use their service?

Yes I am preprated, however that is not your concern.

I've asked you countless time to please respond to the article written about you above, and you've repeatedly ignored us and ignored our comments. 

Great, i'm glad you do. No need to bold your phrase, i didn't get what do you really want me to do, comment on genjix blog or tell my thoughts about his post.

@bitdragon glad you think that way. Nope, i don't think i will be working with bitpay real soon, giving that Yankee has chosen to judge me for filing a complaint against an obscure service like bitcoinica.

I wanted to ask if you use(d) bitcoinica service.
Sorry for my bad english.

no, i don't speculate with my money. np i don't speak very well either

oh well. I must be confused. Maybe the late night and too much coffee.
I just cannot fathom how this is possible. I try and see the altruistic motives but fail miserably.

you don't gamble, you don't speculate, you don't use their service and you file a complaint? for the greater good?
I know it is easy to say there are greater things in the world, but there are.

offer a blanket to a homeless, offer Zhoutong to be of service and help to improve the business wheels, offer constructive advice, what could be done better than speculating, how to expand and add on payment services such as your own. Expand your own business and promote it. Help others and you will be helped.

a great lesson though, and I like the idea of sending cash with bitcoins and especially partnering with bitinstant :)

@bitdragon thanks for you kind words, we obviously have a long road ahead of us to reach that level of understanding and helping help each other  :)

Wrong company. For a guy who files complaints for a living, get your companies straight. 

Yes, of course I'm gonna judge you for filing a complaint against Bitcoinica for no apparent reason. If you do have a reason, you've yet to explain yourself further from 'look at my first post'

You know what. I bet you lost money, and this is your way of taking it out on Zhou. Modern day sore loser.

If you thing I'm wrong, defend yourself.

+1 spot on.  He has deflected every question about his motivations, claiming he has responded somewhere else.  However, the only reason he has given is "they could be a scam."  The fact that he hasn't bragged about sending 100+ letters to police about bitcoin businesses clearly demonstrates cherry picking.

I think it is very likely he has either lost money, or is personally jealous of Zhou making more money than him.

Zhoutonged!


Obviously...  sore loser...

Dont buy lottery scratch tickets!  you might have a bigger fight on your hands!

Are you implying that you wouldn't do the same, file a complaint with the authorities, against and unknown entity on the internet that lures people to put their money into and gain interest ? And yes, they work with USD, bitcoins are secondary as the authorities don't know what they are. Here is the page where they state the interest paying https://www.bitcoinica.com/pages/interest.

I didn't lose a cent and this fact is stated in the official paper. I don't think you're wrong, just misinformed, like all of us waiting for the owner to at least say at least in what country is his business located.

I keep my cool because i think i did the correct thing. I don't want bitcoinica to turn into a mybitcoin 2.0 for the bitcoin project. I'm sick and tired of all the negative press because you get a hard time explaining to a newbie what bitcoin is when the first spanish google results show up bitcoin is a scam.

@RaggedMonk you could at least spend a little more time with your questions, like Yankee, if you want them to be comprehended and leave the personal attacks aside. I'm not a native English speaker so i try to avoid responding ambiguous ones that i don't understand.

@teflone not at all dude and i state that in the complaint
i'm getting a habit at quoting psy (https://bitcointalk.org/index.php?topic=64176.msg752915#msg752915) on this:

Here is my original request to zhoutong https://bitcointalk.org/index.php?topic=63694.msg746083#msg746083
His response after the complaint was filed https://bitcointalk.org/index.php?topic=64176.msg753978#msg753978 stating that And another posts https://bitcointalk.org/index.php?topic=64176.msg754638#msg754638

Bitcoinica is hosted in TX, USA https://i.imgur.com/wBNtZ.jpg.

If you know more about them please do tell, so the people can get their money back in case it disappears some day.

Btw, please make another thread if you want to discuss more on the issue, i'm locking this one, thanks.