It might be worth the $10 to do a charge (1 bitcoin ~= $10), paying with credit card, and then issue a chargeback when the bitcoin isn't delivered. Full screenshots taken.
[...]
I recall someone trying this last time, and paypal not complying with the chargeback because bitcoin?  I don't recall the specifics. Hence "with credit card". Which means you want to drain the account first before doing this. And probably not from an account that has a bank account linked. As a courtesy to PayPal (and to protect from further griefing by PayPal) you might wish to go through PayPal's dispute method first. But if they don't comply, then you escalate it to the card issuer. You probably won't want to carry a balance with PayPal again after doing that though. |
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Still looking. Got no offers yet. I want to buy BTC for paysafecards.
I see that not even VirWoX takes PSC anymore. The suggest the http://www.bulido.com route to buy SLL, then trade those for BTCs on VirWoX. You sure? https://www.youtube.com/watch?v=0Mj2pnQa1QEFound account with PSC and pay 20 % fees. Convert to SLL. Convert to BTC. It was my emergency plan. Why it should no longer work? Because the Deposit page for VirWoX shows: - paysafecard
Unfortunately, this payment method is currently not available. We recommend Bulido for this payment method.
- https://www.virwox.com/deposit.phpAnd caution regarding purchasing your SLLs and then expecting to trade them at VirWoX. VirWoX may not accept those SLLs unless your SecondLife account has been active for a month ... part of their Risk API. - http://bitcointalk.org/index.php?topic=98449.0 |
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See why I need FPGAs.....
Yup, FPGAs (and even more so the ASICs promised) will make the cost of electricity less of a factor for a period of time. That's why there has been only relatively small increases in the hashing capacity even though a lot of FPGAs have been shipping -- the GPUs are being decommissioned in high cost (for electricity) areas. Some GPUs are getting bought by those with low cost of electricity but you can only add so many GPUs before you need to start doing rewiring or bigger fans to remove heat, etc. |
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We reported, but ICANN gives 45 days for the registrar to take action. Chances are that by then the website will not be up anyway.
It might be worth the $10 to do a charge (1 bitcoin ~= $10), paying with credit card, and then issue a chargeback when the bitcoin isn't delivered. Full screenshots taken. That way PayPal will be more likely to suspend the account and freeze the funds. The fact that the account hasn't been frozen yet by PayPal is something utterly bizarre to me. This is the third site using the same account. I was thinking perhaps this might be a honeypot for catching carders perhaps as one plausible explanation. The spelling mistakes, etc., all a disguise perhaps? Who knows. |
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if you state the paypal as a gift it can not be charged back by paypal staff
wrongo! So even if the buyer didn't do a chargeback, PayPal might still reverse the charges and freeze the funds. And if it was a stolen credit card used for the gift, PayPal will reverse it. The long and short of it, PayPal does not want their payment network to be used for the purchase of bitcoins, and when they have the opportunity to, they punish anyone for trying. |
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Stephen that sounds like a great service, would you be interested in bringing it back and working with me on it?
Well, that wasn't my service. Was just pointing out something that existed at one point in time. Maybe someday someone else would consider offering it. |
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I asked for this, they said it is not available currently though soon it should be. Does anyone have this working?
Are you outside the U.S.? |
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We have never had to turn a buyer away.
Oh, my mistake. I saw the following: When will cash deposits with WF be available again? Is there a way I can pay now and have it processed today when you have more funds?
And so I thought that was an attempt to deposit cash in order to buy bitcoins. It was the opposite (to sell bitcoins to FastCash4Bitcoins who then deposits the cash proceeds into the seller's WF account). Ok, good to hear that you aren't turning away cash buyers who are willing and able. And with the current price being better than Mt. Gox even, that makes it worth making the trip to a BofA. As far I know, deposting money to them at Wells Fargo has never been an option. I asked for it a while ago, and there was some paperwork problem on WF's end. Just to make sure I didn't cause any confusion. Directly from Tangible Cryptography (operator of FastCash4Bitcoins) you can buy "bulk" amounts of bitcoins. One of the payment methods available to you for buying from them is to deposit cash at only one bank - Bank of America. [Edit: For now. Other bank options may be coming soon, according to a later post.] This thread is primarily for the topic of selling your bitcoins (cashing out) to FastCash4Bitcoins. One of the methods for cashing out involves them (FastCash4Bitcoins) depositing cash into your account at either Bank of America or Wells Fargo. |
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I believe that you can load a MoneyPak on a reloadable debit card immediately after you register it (I am not sure if you have to register at all). You can then use the temporary card that you purchased to use it as a Visa or MasterCard. However, to use it at an ATM, you typically have to wait for the permanent card with your name on it.
I hope this helps. Yes, that's were I was confused. I hadn't realized the reloadable prepaid debit card from the store is not the permanent card, and that is where the delay I had heard about comes from. Thanks! |
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An additional method includes FastCash4Bitcoins.com (deposit cash at Bank of America, costs about 1%). ...
Nice detailed comparison as always Stephen. As a correction I would point out we charge never charge a fee and currently (but not always it depends on supply) are offering a 1% discount so in effect a negative fee. Even better! Discount when buying bitcoins and paying cash -- minimum buy $200. That's quite a deal! - http://bitcointalk.org/index.php?topic=87094.0 |
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There could be fake bitcoins if you had 51% of the network hash power.
"Fake" ... that's not the best way to describe what can happen with a 51% attack. The attacker can re-spend coins that were previously sent to you. So the coins you had were turned worthless by the attacker. Calling them fake is not really the right word to use. Anyway, the problem with the Lindens appears not to be that they are counterfeit / fake but they were purchased with stolen funds (e.g., compromised credit card info.) Because chargebacks occur days, weeks or even months after the purchase, the ability for VirWoX to accept them brings risk. Since VirWoX wasn't the one that sold the SLLs to you, they cannot even fight the chargeback -- so it makes sense they aren't extending trust to all accounts equally. |
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We have never had to turn a buyer away.
Oh, my mistake. I saw the following: When will cash deposits with WF be available again? Is there a way I can pay now and have it processed today when you have more funds?
And so I thought that was an attempt to deposit cash in order to buy bitcoins. It was the opposite (to sell bitcoins to FastCash4Bitcoins who then deposits the cash proceeds into the seller's WF account). Ok, good to hear that you aren't turning away cash buyers who are willing and able. And with the current price being better than Mt. Gox even, that makes it worth making the trip to a BofA. |
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Shameless bump.
Ironically, services that function as they are supposed to get little forum activity. (If the MoneyPak code was received and everything works great, why post a comment?) I do have a question though. How long (e.g., none/instant, couple hours, next day, or several days) does it take between when I buy a reloadable debit card at the store before I can have access to it to load funds from MoneyPak? Let's say it is the WalMart moneycard that I buy. I can only buy it with cash at Walmart, for example. I know I then need to register it online before I can load additional amounts to it from a MoneyPak. So starting from when I register it, how long is it after doing that before I'm allowed to load the MoneyPak? |
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Customers are invited to pay $25,000.00 at once or in up to 25 monthly payments. Customers may pay ahead at any time, and their prototypes are built as the funds arrive. Customers are sent photos of their car in progress every 2 weeks and are invited to visit their car in progress during the build.
Accepting deposits (pre-selling) is not likely a good idea, at least not for U.S. customers and definitely not using PayPal. The PayPal payments are sent to the finance@wikispeed.com PayPal account. This is likely registered with PayPal as a U.S. business account (shows as verified since 2011). At some point PayPal's compliance group is going to see amounts too large for their taste, and will decide that "contributions" are not really donations but instead made with the intention that there is a car delivered once the $25K of donations is completed. That's a pre-payment and not "donation". Even if there was a car being built for this pre-sale buyer with all components already procured (or the car already built and sitting in a warehouse or showroom somewhere) it would still violate PayPal's usage agreement. - https://cms.paypal.com/us/cgi-bin/?cmd=_render-content&content_ID=ua/AcceptableUse_fullProhibited Activities
You may not use the PayPal service for activities that:
3. lay-away systems
So this is a near guarantee that PayPal will at some point freeze the funds (take existing balance from Wikispeed's PayPal account and claw back from bank withdrawals if the amount to freeze exceeds the PayPal balance). Frozen funds sit for 180 days. The disposition from there might be that funds are returned directly to the buyer. This would probably be quite disruptive to WIKISPEED. It is probably best to not challenge the PayPal beast, as their track record is fairly consistent. |
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At this point we don't want to accept orders we can't pay. That is a slippery slope.
Wait, what? You have buyers wishing to deposit cash and you simultaneously have sellers wanting cash out but you cannot serve them? Couldn't you use trusted third party intermediary to accept advance deposit of bitcoins from the seller and complete the cash trade with the buyer (which gives you cash to complete the trade with the seller?) There would be essentially no risk of not getting the bitcoins because the escrow has the coins and you'ld be the party that authorizes distribution. I suppose you are right about that being a slippery slope. For a brief amount of time, you have a cash deposit without the bitcoins in inventory, thus classifying you as a depository, even if for just a very short period of time. |
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Virtual currency comes with real threats - http://www.mercurynews.com/business/ci_21228911/virtual-currency-comes-real-threatsIn a report in April, the FBI cited two thefts involving bitcoins, a virtual tender accepted as payment by a number of online vendors. One victim in June reported that someone broke into their online wallet -- a data file that stores the currency -- and stole bitcoins worth $500,000 in real money. Three months before that, a similar heist netted more than $5,000, the FBI added, noting that "as long as there is a means of converting bitcoins into real money, criminal actors will have an incentive to steal them. |
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hi!
Is some where any webpage to buy bitcoin with paypal or credit card?
It will be more faster to buy with creditcard.
The reason there are so few options with PayPal as payment is that PayPal expressly prohibits a merchant to use PayPal for the sale of Bitcoins. Additionally, because the payment can be charged back easily, merchants that have some angle must charge a higher fee to do so. - http://en.bitcoin.it/wiki/Payment_methodsWith VirWoX you can buy SLL using PayPal or Credit Card, then trade SLL for BTC: - http://www.VirWoX.comThis does't help you right away, but in the future you can buy physical Bitcoin, paid for with credit card: - http://memorydealers.com/catalogsearch/result/?q=bitcoinBut quite simply, depositing cash at a bank or 7-11, Walmart, CVS is going to be the fastest and easiest way. - http://www.Bitfloor.com (Deposit cash at any Chase or Wells Fargo. No fee) - http://www.BitInstant.com (Deposit at major banks, 7-11, Walmart, CVS, Moneygram, etc., or in Brazil using Boleto or Banco Recomendito, or in Russia, using Qiwi or Cyberplat.) - http://www.CAVirtEx.com (Deposit cash at several banks) - http://www.Spendbitcoins.com (Deposit cash at a bank in Australia) - http://www.MrBitcoins.com (Deposit at a bank in U.S., India, Australia) - http://BitcoinNordic.com (Purchase CashU or UKash in dozens of countries) Or find a local trade: - http://www.localbitcoins.comAll kinds of options: - http://en.bitcoin.it/wiki/Buying_bitcoins |
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