Bitcoin Forum

Economy => Marketplace => Topic started by: The Madhatter on January 03, 2011, 11:04:19 PM



Title: 0% CAD, 2% USD cash trades on Bitcoin4Cash
Post by: The Madhatter on January 03, 2011, 11:04:19 PM
Hello all,

The title is self-explanatory. I'll just leave this here. :)

Cheers!
The Madhatter

Edit: For those who don't already know, Bitcoin4Cash is here (https://www.bitcoin4cash.com/).


Title: Re: 0% CAD, 2% USD cash trades on Bitcoin4Cash
Post by: lucky on January 04, 2011, 10:14:25 AM
And Canadian Tire Money!

Do you actually get any xactions for that?  I have a whole bunch stashed away for no real purpose, heh...

If you are Canadian (I'm presuming you are), have you considered Interac email money transfers?  Or do you prefer the papertrail-free route?


Title: Re: 0% CAD, 2% USD cash trades on Bitcoin4Cash
Post by: ColdHardMetal on January 04, 2011, 02:31:13 PM
If you are Canadian (I'm presuming you are), have you considered Interac email money transfers?  Or do you prefer the papertrail-free route?

I'm curious about this as well.


Title: Re: 0% CAD, 2% USD cash trades on Bitcoin4Cash
Post by: nanaimogold on January 04, 2011, 06:43:45 PM
e-mail money transfers can be charged back.

I once helped a young fellow in New Brunswick start up an exchange service, M@ple Money dot ca.

I warned him about accepting payments online.

He was defrauded out of existence in only 5 weeks through EMT chargebacks.



Title: Re: 0% CAD, 2% USD cash trades on Bitcoin4Cash
Post by: ColdHardMetal on January 05, 2011, 12:38:48 AM
e-mail money transfers can be charged back.

Really? That sucks. I thought those would be fine since the money comes right out of your bank account.


I once helped a young fellow in New Brunswick start up an exchange service, M@ple Money dot ca.

I warned him about accepting payments online.

He was defrauded out of existence in only 5 weeks through EMT chargebacks.

That also sucks. I'm from NB. Don't like to hear those stories.


Title: Re: 0% CAD, 2% USD cash trades on Bitcoin4Cash
Post by: The Madhatter on January 05, 2011, 01:26:15 AM
Do you actually get any xactions for that?

Yes, but not very often.

If you are Canadian (I'm presuming you are), have you considered Interac email money transfers?  Or do you prefer the papertrail-free route?

My mailboxes are in Canada.

I don't accept Interac transfers for the reasons presented by nanaimo gold. Chargebacks, etc.

Cheers!
The Madhatter


Title: Re: 0% CAD, 2% USD cash trades on Bitcoin4Cash
Post by: nanaimogold on January 05, 2011, 03:46:33 AM
e-mail money transfers can be charged back.

Really? That sucks. I thought those would be fine since the money comes right out of your bank account.


People can claim to be "hacked", to complain that they did not authorize the spend. Since there is no signed paper contract, the bank will claw the spend back and leave the receiver with no avenue to arbitration.

You need to understand that thieves are attracted to liquid assets. Nothing is more liquid than cash. If you are trading out cash, you better be settled with nothing less than cash.

Services and continuing business relationships are served well enough by reversible spend vectors because those are items a thief cannot run off with. You can take a cheque from a stranger for a magazine subscription, but you better not sell laptops like that.

Nothing is more liquid than digital currency.