Bitcoin Forum

Economy => Trading Discussion => Topic started by: Baitty on July 23, 2014, 11:46:43 AM



Title: Trading digital gift cards for bitcoin
Post by: Baitty on July 23, 2014, 11:46:43 AM
I'm aware of the problems with stolen and hacked gift cards how could I prove someone is not trying to sell me stolen codes? Is there anyway I can ask them to provide proof they bought it from the actual site? for example amazon.com


Title: Re: Trading digital gift cards for bitcoin
Post by: BowieMan on July 23, 2014, 11:57:27 AM
Even if they bought the card, they could just go ahead and spend the amount before you do. In my opinion dealing with gift cards is practically as dangerous as dealing with money or buying BTC over PayPal and risk a chargeback. It's gamble.


Title: Re: Trading digital gift cards for bitcoin
Post by: hilariousandco on July 23, 2014, 11:59:26 AM
You can't really know unless they offer some satisfactory proof but even legit sellers might not want or be able to provide you some. You could ask for a receipt or something but they're not always necessarily 'bought'. If people are selling you a gift code for 50% of its value they almost certainly got it some other way. Now, that's not to say it was obtained illegitimately as you can earn them in certain circumstances, but without any proof of where it came from you'll have to decide whether the heavy discount is worth taking the risk.


Title: Re: Trading digital gift cards for bitcoin
Post by: Beliathon on July 23, 2014, 12:04:13 PM
The question you need to ask yourself is, why are they selling the gift cards to an anonymous stranger online for a pseudomyous currency when there are legitimate online services (http://www.cardpool.com/) available that will purchase them...


Title: Re: Trading digital gift cards for bitcoin
Post by: Baitty on July 23, 2014, 12:20:09 PM
You can't really know unless they offer some satisfactory proof but even legit sellers might not want or be able to provide you some. You could ask for a receipt or something but they're not always necessarily 'bought'. If people are selling you a gift code for 50% of its value they almost certainly got it some other way. Now, that's not to say it was obtained illegitimately as you can earn them in certain circumstances, but without any proof of where it came from you'll have to decide whether the heavy discount is worth taking the risk.

That's a real shame I wanted to see if I could trust a few people ad buy some gift cards for a little cheaper with Bitcoin but I don't I will because of this problem.


Title: Re: Trading digital gift cards for bitcoin
Post by: BowieMan on July 23, 2014, 12:21:39 PM
You can't really know unless they offer some satisfactory proof but even legit sellers might not want or be able to provide you some. You could ask for a receipt or something but they're not always necessarily 'bought'. If people are selling you a gift code for 50% of its value they almost certainly got it some other way. Now, that's not to say it was obtained illegitimately as you can earn them in certain circumstances, but without any proof of where it came from you'll have to decide whether the heavy discount is worth taking the risk.

That's a real shame I wanted to see if I could trust a few people ad buy some gift cards for a little cheaper with Bitcoin but I don't I will because of this problem.

Thing is, the risk is simply too high! Even if you saved a couple percent, how high is the risk of this being a scam? If you believe the risk is too high, you might very well be better off paying the regular price and be sure to receive your merchandise!


Title: Re: Trading digital gift cards for bitcoin
Post by: ljudotina on July 23, 2014, 12:27:20 PM
Only way you can be safer (didin't write "safe" on purouse), is to buy from long tim proven seller....or if you have means to physically contact seller (ie. if he fucks you up, you fuck him up  8) )


Title: Re: Trading digital gift cards for bitcoin
Post by: blatchcorn on July 23, 2014, 12:38:11 PM
Stick to Gyft and Pock - cannot go wrong