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Well Coinpal has been down for a while, and Paypal is really bitchy in the business it does, exchanging currency via the internet, you guys know.
I am an honest person, but since sending money from paypal in exchange for BTC to other traders is a risky business for the Bitcoin supplier, as Paypal payments can be refunded, whereas Bitcoin cannot.
So, I have all the requirements to be a purchaser of bitcoin, except for the paypal ordeal.
To get to the point, I am a completely legitimate and honest person, but for financial reasons I do not have any other forms of electronic payment other than Paypal. How does someone with paypal-only go about making a trade that feels safe for both parties?
What I was thinking, was that I could find a highly-reputable BTC supplier, probably over BitcoinTalk, of course. Then I would then purchase, for example, a $125 Gift Card to ebay, and since eBay giftcards are not irreversible, I could send the giftcard to the supplier, and have them add those funds to their paypal account, or eBay, either way confirming that the giftcard is legitimate and is there's. Then, the supplier, now knowing well that I am a respectable customer, sends the bitcoin to my address and when I have received it, the trade is finished with a virtual handshake.
For a paypal to bitcoin trade though, the gift card would have more value in USD than it would in bitcoin, so the bitcoin supplier would actually be gaining some value from the trade, thus making the trade an even better investment. I have absolutely no problem with trading a $125 eBay giftcard for $118 worth of bitcoins.
Would this work? If I offered to send a gift card FIRST, that is worth more than the bitcoins you offer, would you engage in such a deal? I don't see why not as there is no risk factor involved.
(Hypothetical)
So, good plan or not?
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Yeah, the system would be built so that it'd be easy to keep an inventory and add more codes/cdkeys as you get them, for one-time sales like a copy of a game, or to set a product as unlimited if it's a digital download that you can resale like an ebook or something. Glad to hear it might be of interest, I'll PM you if and when I get the basics of the site up and running so you can check it out. Also please PM me if you get a hold of any civ 5 copies and how much it'd be  Out of curiosity, do you have a list of games you currently have in stock and for sale? None in-stock yet, but I'll make a new thread when I'm in-stock. |
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I'm a fulltime web developer and I'm thinking about making a website where people can sell digital products for bitcoins. Steam games seem to be pretty popular. Would this be of any interest to you? It would be completely automated, you'd upload the digital product (for example the steam code or codes you're selling), set the price (in dollars or bitcoins), and it would list it for sale and take a very small percentage fee, but it would provide automatic delivery of your product to the purchaser, and automatic transfer of the bitcoins to your bitcoin address.
Sorry don't mean to hijack your thread but I've seen a couple of other people make free websites like this and wondering how much demand there is for a marketplace that facilitates this kind of transaction.
ps - do you have any copies of civ 5 and how much you selling them for? I'm itching to try that game as I loved civ 4.
I love the Civ games too and no I don't have any copies  But that sounds like a good idea - but the product would be limited because it would be based on buying games from steam and gifting them to people once they pay for the game and provide the user name to send it to. |
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Well that costs money, I don't have any of that right now |
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Bump  |
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So just today I joined Bitcoin to start a service where I sell Steam Games for Bitcoins. I only have a free domain unfortunately, http://coins4games.webs.com/ soon I will have games in stock and you can get more information in the Site FAQ. I know that I'm new to Bitcoin, and it's going to take time for you guys to trust me, I have no reason to worry cause I'm an honest guy. Right now however, Coins 4 games isn't operating because I don't have the money to trade stock yet, but I should by the end of the month, and by then I'll make a new thread. Until then, I'm selling custom moving avatars like mine, for only .25 BTC. I guess if I'm going to start off here and get a reputation is by starting small, eh? Well, if you're interested in an avatar feel free to PM me a YouTube video link and the part of the video you want me to make into an avatar. Peace. |
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Someone's going to Silk Road  ...  |
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I just wanted to put my idea out there but, isn't losing faith in Bitcoin because of hacked exchanges basically the same as losing faith in the dollar because of some robbed banks? Please correct me if I'm wrong.
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I don't think it's possible for them to take out Bitcoin fully, and people have invested a lot of money in Bitcoin, I think it would just be too controversial for them to shut it down. It's not like it's causing anyone harm [yet].
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It depends on what site, but it's usually bank transfers, wire transfers, checks, or mailed cash, generally.
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Very useful. I personally love USB flash drives |
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Trying to start a business for trading games for bitcoins. This takes a lot of time to do.
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Hi. I'd like to start a business selling digital copies of video games for bitcoins. I don't have a site but I plan on getting one soon.
I plan on negotiating prices in Bitcoin with buyers for legitimate, permanent copies of Steam games.
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Hi, I'm Dextro. I'm kinda new to the Bitcoin currency but it's interesting so I'd like to know more and hopefully use bitcoin on a regular basis. I was thinking that when I get settled in I could buy extra copies of steam games and sell them for bitcoins on the forum. Oh and while I'm here I'd like to ask, is there any way that a person can convert visa or credit card money into bitcoins? |
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