....


........................


........................................................................you're fucking with us, right?

How crazy would this be in today's market....

What is "this site?"

About to initiate a transaction for 0.04btc. I am purchasing with paypal.

Feedback: Seller cannot perform a transaction unless it is through the site. I am not comfortable with inputting my paypal details on the site, and the seller will not allow direct payment to be sent. Therefore, the deal could not be performed.

Just need a quick 0.04 if anyone's willing. It's a super small amount and I'm willing to provide the premium. Shoot me a PM if you're interested and we can do the transaction in seconds.

Transaction completed with RussianCoinDotInfo

Please be more clear. Are you RECEIVING moneypak/vanilla/reloadits/etc FOR YOUR btc/pm? Or are you PAYING FOR btc/pm WITH moneypak/vanilla/reloadit/etc.?

If it is the latter expect no business whatsoever until you've spent a significant amount of time here. If it is the former then contact me.

There's no trust to build there, though. I understand if they're buying with paypal - then of course have a cap on the amount they can purchase until some time has passed. But if they're selling their btc just use escrow. That way you don't need to limit yourself.

In any event it's very hard to buy with paypal as a new member.

This would make sense if it were the other way around and the newbie was buying with pp but....why do you care about how much btc a newbie sends you?

Had another solid trade via paypal with mr. relax. Anyone else who wants to trade I'm still looking to purchase up to $1k via any method. Cash deposit/Paypal are currently preferred.

It's always good practice to define your variables.

Buying $625 paypal preferred.

I dig the zero fees thing. The main way to "monetize" that runs across my mind is plastering the site with ads, which is fair enough. I'd actually be completely fine with that, since to me it'd be huge to have a legitimate site providing no fees vs. the 1% LBC is currently taking. I completely agree LBC needs some competition, since 1% is pretty unacceptable imo. I'm actually surprised that, so far, no legitimate, established site is beating it. Even 0.5% would have been a massive improvement. To day traders that is night and fucking day.

In any case, we don't know you and haven't dealt with you, so it'll be a bit of an uphill battle setting up trades here. With that said, if you're seriously legitimate, don't lose hope. Building from the ground up isn't easy but will be super rewarding in the long run. Reputation means everything, in this market.

Let me know when you've got CD's at market rate. Then I'd be quite interested.

Yes.

And my god it's a tragedy.

Buying $774 any method but paypal.

hallo my friend u haz gewd prize yes my sell btc for $800 but u need send first mk me love u long time yes?  

In proper english, that reads, "Fuck off. We're not idiots, here."



Does anyone else have a minimum of like 100 sigh+facepalms per day when reading this forum?

I suppose I've got the other 6, then.

Guys we're going to be sooooo riiiicccchhhhhh after thissssss   

  

*facepalm* Yes, it wasn't initially....you know what? Nevermind. I'm just going to move on. Needless to say, this comment explains a lot in and of itself, i.e. what seems like the borderline technical illiteracy that has resulted in your current method of business conduction. I am truly sorry if I confused you.


Oh, my mistake. In that case, the buyer's expected value = (0.98)(1/1.1) = ~0.891, meaning there is a 10.9% overall fee.


I've not complained about your service, personally. I just didn't understand why you're doing business the way you are - it seems strange you wouldn't be completely truthful with your potential buyers. But if a simple inquiry about why you don't display your price is essentially met with an emphatic, "Fuck off," then by all means, carry on in that fashion if you think it best.  

And to address the latter point, I do trade already. I buy at 1:1. If it were realistic for me to trade at 10.9%, phew...that'd be something else. Sadly it's not very realistic (without a significant advertising budget), so I don't.  

This can be addressed in many more efficient and scalable ways than having the buyer contact you directly through a support ticket system. Your contention that the business model works "best" this way, however, is definitively incorrect based on my definition of "best." My definition of best is the fastest, easiest way of performing the transaction. This is not the fastest or easiest way. Hopefully you understand that. Hint: manual methods are almost never the fastest way to address things for online services. I do see, however, that it could be one of the most convenient ways for you in the short term. But as you've said, you've been at this for two years. That's why I think it's strange you do things this way.


Where did I say I had a problem with the speed of your support service? I was quite happy with it, actually. Manual services are too inefficient, however. You're wasting the buyer's and your own time when you don't need to. Heck, if you're really just too lazy to code, manually input what's available directly on the site. You don't have to post account numbers, but just the amount of bitcoins currently available, and the associated banks. It just seems like you didn't really think this through, with the way you're doing it. And again, you've had two years to think on it further and improve it - and it's still in this condition. That is, again, another reason why I think your methods are strange.


Hopefully the bolded phrase is referring to a general you, and not actually me. I never said it was more than what I want to pay. I simply showed the rate, which you're refusing to show for a reason you still have not made clear. I don't understand why you're dodging the main point of my post. Let me spell it out for you: I don't understand the reason you are not posting your rate in the OP, when you have no problem informing customers via support that it is 10% over bitstamp + a 2% fee. Mind you, also, this actually comes out to greater than 12% - I'm sorry, I actually overlooked this. The 2% fee is charged to the bitstamp+10% rate. Therefore, you actually charge 1.10*1.02 = 1.132 times the bitstamp rate. This amounts to a 13.2% fee. I will edit my post accordingly.

You either are wholly truthful with your buyers about how you do business, or you are not. Again, I see no reason for you not to post your fee on the OP. But it's your decision. Post it or don't. Either way, that info should be out there for potential customers so they actually know what you are offering. Hanging out a shingle and saying, "I sell btc" isn't good enough. What are the rates? Bulk options? How much can I do daily? I need this information. This market is all about what you're selling at. That means everything. Conveniently leaving out your price is a ridiculous way of attracting customers. I'll say this again: You're wasting both your own time and the time of those that will not accept the 13.2% fee you require. Simply post the fee, so those that accept the rate can do business with you.


LBC exists. I'll spare you the details, since you already know them (give it a quick peek if you haven't in a bit). And please spare me any 5-cent rebuttal. We both know what the realities are. With that said, I think it's just fine for you to charge whatever you please. But just be straightforward about it. As a trader and a once potential customer, I can say that hiding things from me only serves to inspire distrust and worry. If you intend to run an honest business, be wholly honest. That is my advice.

Woah....I didn't know costumers were interested in btc.

Let me guess, I've got to send you the $20 first before you put me in contact with this...."costumer?"   

It's pointless to waste both your time and the buyer's time by requiring them to submit a "support ticket" - strange way of doing business, by the way - just to find out your rate. Post it on the OP. There literally is no reason not to unless you actually intend to mislead the buyer. No offense intended. It's just nonsensical to post a trade thread without a rate, and then to have the buyer have to inquire about the rate, which is held constant (it's not like it's different on a per-buyer basis). So just to make it clear for everyone, and to save some significant time on the part of sayulita and the forum members:

The rate is 13.2% over Bitstamp.