https://mostvaluablevideo.com

From the website: "MostValuableVideo.com is a platform for users to bid on their favorite YouTube video. Each bid must be higher than the previous one, and the video that receives the highest bid is deemed the most valuable--and therefore most important--video on the Internet. The market has spoken!"

Looks like they're using Coinbase to accept bids. This reminds me of the Million Dollar Homepage.

Wait, this is impossible. My transaction fee is 6%. And the Bitcoin exchange rate was around 5.11 USD/BTC last week. So $364.90 / 1.06 / 5.11 ~ 67 BTC. My maximum weekly order limit is 50 BTC. I hesitate to accuse anyone maliciously, and I suppose there is a small chance that the site accidentally over-charged you (in which case we can sort this out with the credit card processing company). But, I find this very, very unlikely. I ask you: Do you make these accusations because you want QwickBit to fail? Why?

If you received an unauthorized charge, you should have contacted me earlier. What is the problem? Did you purchase the Bitcoins and did not receive them? Please contact me ASAP at info@qwickbit.com.

Please allow me to explain.

QwickBit was hit with a wave of fraudulent transactions immediately after launch last week. (I discovered that there was an entire secret Tor forum thread dedicated to cashing out of stolen credit cards using my site: http://clsvtzwzdgzkjda7.onion/viewtopic.php?f=49&t=4671 and I strongly suspect many of the people participating in this thread are the culprits...). Anyway, to mitigate the damage from these attacks, I quickly disabled transaction processing. I also reversed some of the charges which I thought to be fraudulent. However, there is no one who was charged for Bitcoin who has not received them. If I have made a mistake and you have not received your Bitcoins, please post here and contact me personally at info@qwickbit.com. Otherwise, I would kindly ask everyone to stop re-posting unsubstantiated rumors.

In regard to the $0.00 charges: Authorization charges are used by QwickBit's credit card processing company to determine whether the credit card number is valid. If a user tries to issue a charge with a valid credit card number but an invalid address or CVC, the authorization charge will appear on your credit card statement, but the charge will not be issued (since the info is invalid!). Several people tried to issue charges with invalid address information.

Phineas Gage, I do not hold any of my users' money--dollars or Bitcoin--so I don't understand the warning in your forum post (https://bitcointalk.org/index.php?topic=84055.msg926054#msg926054). I run a retail Bitcoin exchange, not a wallet or banking service. Furthermore, I don't even store users' credit card info on my servers (the credit card processing company handles this).

I am unaffiliated with the Twitter account QwickBit.

I hope this addresses all of your concerns. If you have any other questions or complaints, don't hesitate to contact me at info@qwickbit.com. I plan to re-launch the website sometime later this week, after having made significant changes to the fraud-checking algorithms.

Lastly, I created QwickBit as a service to the Bitcoin community (and to advance my libertarian-leaning political ideals). My only goal with the site is to not lose money. Keep in mind that any unsubstantiated negative comments on this forum only increase the likelihood that I will shut down the site, since the site is still in a nascent stage.

I believe I have discovered and fixed the problem preventing you from accessing the site. Feel free to try again, if you will.

I have just launched a new retail Bitcoin exchange QwickBit.com which accepts credit cards. We charge 6%, and you must have a valid Facebook account. All transactions are processed instantly, and you can get your Bitcoins within a couple hours!

I am the creator of https://QwickBit.com, Bitcoin's first instant (non-Paypal) credit card accepting retail exchange site. Unlike previous credit-card exchanges, QwickBit requires Bitcoin purchases to be tied to a legitimate Facebook account, thus preventing charge-backs and fraud. Check it out!