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Thanks for the reply and information!
Mmj is medical marijuana.
So you speak of buying limit on visa/mastercard. I have made purchases well over 1000$ on a credit card before and will have 75-100 credit cards so i can space the purchases out. Is the limit on visa/mastercard specific to bitcoin websites like the credit cards know those sites and restrict high purchase amounts or you mean the limit is accross all purchases; bitcoins are not discriminated by CC companies or they are? The reason for buying gold or bitcoins is to huy and then sell very shortly. Then i will have cash. I am startingn a business so you can not pay employee wages with CC but you can if you liquidate the CC line.
Thanks for anymore help!!’
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Has anyone on this forum bought lots of bitcoin with credit card?!? Noone?!?
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Does anyone know if certain credit cards decline purchases of bitcoins?
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Anyone have any experiance buying bulk bitcoins with credit card?
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Buy.bitcoin.com says enter value between 50-$10,000. Is this only work with certain prepaid cards or somethong? Anyone with more info please let me know. Thanks
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I will not be doing this for some time but withen a year I will be needing to buy well over $100,000 in bit coins with various credit cards.
I am starting a bussiness that i cannot get a loan for so my plan is to get a huge credit line (I am confident I can get at least 500,000 credit line overnight). Then I want to liquidate the credit ASAP and I think buying bitcoins with credit card and then selling bit coins and getting the money in my bank account may be the best way.
Questions: 1. Is visa or mastercards better I will have several cards?
2. Do some banks deny transactions when trying to buy bitcoins?
3. What are the best companies to buy from and the buying limits/fee percentage? (I will have bussiness partner and most cards you can add a name so that may double my buying power)
4. Why the hell do people use purse to buy bitcoins with credit card when the “discounts”/fees are so high is that only a thing people do when cards are stolen?
5. What is the best and most secure way for a newbie to securely store bitcoins?
6. If i am in colorado where many MMJ growers have cash could i make out better selling my bitcoins for cash and charging a fee since buyers could remain anynomous?
7. How stable is the bitcoin market am i better off selling bitcoin right away or saving bit coin currency until i need cash? It seems market just goes up but it seems too good to be true.
8. Would i be better off buying gold to resell or is this an OK idea; am i crazy?
Thanks🙏👍✌️💀
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