They made hardly any money from premium accounts they made 700 million/yr from feeding you forced ads everytime you clicked to watch something.

They might not always need to use it but it's still there should something go wrong and that's the reason they are the #1 online payment methods in the world. If it was so unimportant these companies would ditch buyer protection but of course they never will that would be suicide for them.

Paypal is growing (unfortunately) they just put out press releases on how huge their international traffic is getting. http://www.internetretailing.net/2012/01/paypals-international-business-overtakes-its-home-market-for-the-first-time/

That said bitcoins are perfect for countries like India/Pak where paypal is banned. If you want to promote bitcoin concentrate on those countries merchants there would love a decentralized money system their corrupt governments can't get at that has no rules

Site is already dead. There's a Liberty Reserve exchanger in Canada that originally did something similar to this, then they learned carders can easily make up scans of any stolen cards front+back and so after being ripped of thousands of dollars changed it so now you have to print out a card authorization form and take it to your bank, have them sign it and fax from the bank. Then they phone the bank to confirm details, but most banks won't release info to them so 50/50 chance you can't use cards on the site.They also do voice authorization robocalls and you have to be listed in a phone book somewhere. They also charge 23%

No easy way to do credit cards. Unless you live in CIS and can use LiqPay to process transactions for you up to $100 max. Then guaranteed no chargebacks although LiqPay may kick you off for selling any kinds of digital currency since they signed agreements with WMZ and Ukash

There are plenty of megavideo clones the US didn't go after with the exact same biz model. The only reason they were able to extradite Kim dotcom and his cronies is because they were stupid enough to use US hosting where the Feds could get access to their internal emails and get all the evidence they needed to launch an extradition request.

Bitcoin is not at all a competitor to paypal because it doesn't offer chargebacks. Paypal is all about buyer safety, same with credit cards. Bitcoin is maybe a competitor to Western Union/MoneyGram/Ukash/PSC

Perfect Money doesn't require this and they move way more $$$ than MtGox. Problem is Gox does business in the US so therefore will get the screws tighter and tighter until every transaction must be reported to the IRS and fingerprints/eye scans/DNA lol.

There's a reason all the digital e-currencies fled the US, and why there are no more exchangers there. Unless you want to end up like the founders of egold register your BTC trading corps offshore like Cgold/Pecunix and let exchangers handle all the KYC/AML nonsense to pay into your system and withdraw through voucher codes.

All the more reason to use off the record trading user 2 user and avoid big exchanges

What's LE? LR??
I know an LR exchanger in Egypt that does cashU/ukash/psc/lr

I don't think any exchange should have their own bank accounts.

Use the LR/Pecunix model. Exchangers (bitinstant) do the nasty work of collecting funds from all over the place and pay into your system. Then an exchange is only ever receiving B2B payments from a few sources no getting thousands of payments from all over the world. When you want to withdraw funds you go back to that exchanger and are paid out locally. Because you're just moving around credits you don't have to license yourself, or worry about KYC or anything. Exchangers handle all that for you.

**EDIT found lender, thanks to all who PM'd I'll remember you next time

Transaction ID:
8a2c1d61b16b074041cd6cc56f93659d9c2383995f0d1970def3fa11735a1b5d

thanks

4 dudes in new zealand facing 55yrs lol. We still have divxstage.eu gorillavid sockshare videobb and about a thousand other sites.

Note 2 future piracy empires set up in a non extradition country like the ukraine or brazil

Ready to payback early
What address do you want it to?

thx

I pay for russian hosting by loading btc-e.com with bitcoins, then withdraw right to the hoster's wallet ID they give me in WMZ. Also thanks for this other service, need more WMZ proxies

Try btc-e.com though i have no idea what the limit is. If it goes through LiqPay then limit is ~$140
Keep doing transaction after transaction til it reaches $1500? :S

Satoshi is clearly from the future and returned after starting BTC to cash out his eleventy billion coins into quatloos. Or it's Gavin + everybody else in early BTC dev

lol DecodeaCon

satoshi is assange

Try btc-e Russian exchanger
Select add US funds, choose 'Interkassa' and try your card through LiqPay. If your phone # and card country matches (both in Brazil) then you're good to go.

Or yeah.. Ok Pay

At least there were other payment networks there so it wasn't just a summoning to come explain Bitcoin in front of a bunch of spooks. CIA is probably more interested in laundering money to their agents then they are shutting it down. Now if he had to go explain it to the secret service that would be a different matter. I wouldn't show up to that (Hi here's your handcuffs come with us)

I like this site but the feedback model is completely outdated and risky to yourself. What if I leave negative feedback and claim the guy scammed me. Ebay had to get rid of 'negative feedback' because of legal threats. The seller can launch legal action against you with a few lawyer forms from some fly by night Florida internet lawyer and sue you for defamation of character for the negative feedback.

This is what I mean by a whole new model needs to be though up. Right now your site is doing fine but if you get larger and start getting bigger sellers they will do whatever they can to scam their bad feedback away through lawyers. Just my $0.02