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221  Bitcoin / Bitcoin Discussion / Re: Bitcoin for WP e-Commerce for WordPress on: November 27, 2010, 03:13:06 AM
OMG, I was just talking to my girlfriend about how nice it would be to have a WP e-Commerce-compatible processor for Bitcoin.

Your girlfriend knew what you were talking about? I'm surprised. Shocked
222  Other / Off-topic / Re: "The magic glasses" on: November 27, 2010, 12:26:17 AM
"They live".. you don't.

Get it?

223  Bitcoin / Bitcoin Discussion / Re: Shopping Online - Now EVERY Store Accepts Bitcoin on: November 26, 2010, 11:11:33 PM
I'll help you out if I can.
I'm not sure if I understand the plan completely.
I buy a $100 prepaid Visa from a shop here...
Then mail it to you?
I'm slightly lost after that.
Be careful you don't violate any MasterCard /Visa TOS, or worse, banking regulations.

Correct. You are sending me a gift.. a giftcard. Smiley Get it? Tongue Mailing a giftcard isn't against the rules.

I'll trade you $100 USD's worth of Bitcoins for it. When I receive it here I'll just buy something from myself (with my virtual terminal) and destroy the card.

Email me and tell me what you want me to do.
bruce@brucewagner.com

Email sent.
224  Bitcoin / Bitcoin Discussion / Re: Shopping Online - Now EVERY Store Accepts Bitcoin on: November 26, 2010, 09:47:18 PM
I'm curious...   if these are essentially the same thing as the "prepaid visa cards" I see being sold in various denominations at local stores like Walgreens...?
Hmm... you just gave me a great idea!

I could accept prepaid visa gift cards in the mail (with the receipt) and charge the cards when they arrive with my USD merchant numbers and then destroy the card. (The customer can't chargeback without the receipt AND plastic card.) I would send the Bitcoins to the customer at that point.

There would be no risk of chargebacks that way, and I don't have to lose on currency conversion. I can already charge credit cards in US funds.

If someone wants to try it out email me or PM me -- I'll try it out at cost (0%). US Dollar VISA giftcards only! (Sorry to my friends in Europe.)

The Madhatter

P.S. $100 card numbers have been refilled @ Bitcoin 2 Credit Card
225  Bitcoin / Bitcoin Discussion / Re: Shopping Online - Now EVERY Store Accepts Bitcoin on: November 26, 2010, 09:29:15 PM
I'm curious...   if these are essentially the same thing as the "prepaid visa cards" I see being sold in various denominations at local stores like Walgreens...?
Are these the same idea?
Or are they different somehow?
I've never bought one, so I don't know how they deal with issues like:  verification of "billing address" and "billing zip code", etc.  ....during purchase approval process....?


They are very similar, except I am able to activate them as they are ordered. I also get them at wholesale prices. If you buy one over the counter they are activated at the shop and they are far more expensive.
226  Economy / Trading Discussion / Dear mystery man on: November 26, 2010, 09:24:37 PM
Hello,

This is a request for a particular mystery man from LA.

Your QR code on the envelope is unreadable.

The letter arrived at my location with the ink smudged. I don't know who you are.

Thanks!
227  Bitcoin / Bitcoin Discussion / Re: Shopping Online - Now EVERY Store Accepts Bitcoin on: November 26, 2010, 03:27:46 PM
How are the prices being set? From BitCoinWatch the current rate is $1 = 3.54 btc. Therefore $25 = 88 btc. However you sell $25 for 100 btc. That's a huge increase.

Currently, I buy Visa numbers from two different banks. They both charge a fee for each card number up front. The purchase fee is in dollars. (CAD). Because these card numbers are essentially prefunded they do not bear any interest charges, or overdue fees when in use, so I assume this is how the banks make their money.

The pricing works like this: A $25 number, for example, has a purchase fee in dollars. I add my own fee in dollars to that for my time. (Unfortunately I can't refill my inventories automatically. I buy the numbers in batches and I have to manually copy+paste them into my database.) The combined fee in dollars is converted to Bitcoins using the Canadian Dollar exchange rate from Bitcoin 4 Cash.

I am still adjusting the prices around, so you'll likely see some card denominations go up and some go down. I'm trying to match/or beat the retail rates, but it is difficult when each bank that I use charges different fees.

I am still trying to find that "sweet spot" where the prices are fair and competitive for Bitcoin users, I can make a bit of scratch to cover my expenses, and provide a valuable service at the same time. Smiley

I hope that answers your question.
228  Other / Off-topic / Re: Paypal Demos Change-Free Gumball Machine on: November 26, 2010, 08:10:04 AM
... and when you chargeback you are chased by men in a black van who forcefully remove the gum from your mouth.
229  Bitcoin / Bitcoin Discussion / Re: Bitcoin in the Irish Times on: November 26, 2010, 04:34:44 AM
The wikipedia page is pretty lame at the moment, and I agree with one commenter who says "smells like an advertisement" -- especially the Acceptance section.

Yes it is lame, but it is better than nothing. You know how the average joe thinks. If it is on wikipedia it makes Bitcoin seem more credible and "real".
230  Bitcoin / Bitcoin Discussion / Re: Bitcoin in the Irish Times on: November 26, 2010, 03:25:22 AM
This should be Wikipedia worthy...  Yes?  No?

Jeeze.. I sure hope so. Someone should revive the wikipedia page and add this article as a 'source' ASAP.

It would be nice to have Bitcoin in wikipedia before interested readers start trying to search for it. Smiley
231  Economy / Marketplace / Re: Bitcoin2CC - Convert Bitcoins into a Virtual VISA Card Instantly! on: November 26, 2010, 01:35:23 AM
But I very much prefer giving Paypal a virtual card, rather than my "hard" card number.

Nice to know the cards work on PayPal. I swore them as my mortal enemy years ago, so I didn't test it.

In conjonction with your bitcoin4cash service, this just kicks ass !

I do trades in both directions now; each and every day. Smiley

Do you have any idea if this could be done in Europe, too ?

It's possible. However, I don't have any connections there.

If you need a financial partner to make similar services in euros and in Europe, let me know.  If you need investors to help you get some funds, let me know as well.

... Ask and ye shall receive. Send me an email. Smiley

This is great.  I guess now my balance is about EUR2.2.  What would happen if I try to transfer 10 ?  I guess the paiement would just be refused, right ?

Yup. Spend until the # no longer works and discard. If you need more credit, you just purchase a new number.

Now if only I could keep up with demand better. I'm selling them as fast as I refill them. I'm only getting card numbers in small quantities because I still consider the service to be in 'beta'.

Cheers! Smiley
232  Bitcoin / Bitcoin Discussion / Re: Credit card / phonebill / .. to bitcoin? on: November 25, 2010, 05:15:04 PM
Have you seen BitcoinGateway.com yet? Wink

Edit: He pulled it down to work on it. It is in beta, I think.
233  Economy / Marketplace / Re: Bitcoin2CC - Convert Bitcoins into a Virtual VISA Card Instantly! on: November 25, 2010, 01:26:59 PM
Do you need to register the card first?

No. The virtual card numbers work right "out of the box". Bitcoin2CC activates them upon purchase automatically.

Registration is only useful when you are making purchases online from stores that do address verification.
234  Economy / Marketplace / Re: Bitcoin2CC - Convert Bitcoins into a Virtual VISA Card Instantly! on: November 25, 2010, 01:24:51 PM
Just one question : what's your business model ? As I understand it, you are currently spending dollars and receiving bitcoins. How would you make the reverse operation ?

https://www.bitcoin.org/smf/index.php?topic=1895.msg24165#msg24165
235  Economy / Marketplace / Re: Bitcoin2CC - Convert Bitcoins into a Virtual VISA Card Instantly! on: November 25, 2010, 01:23:07 PM
Dear Madhatter,
Your service is the best!
I received virtual Visa $100, but I don't want to register on the site. I just tryed to transfer all balance to my Liqpay account but I forget that because of the security measures Liqpay demand that cardholder's cell phone is from the same country as the card is.So I can only use it for online purchases. But if you can help me to transfer all or part of balance of my virtual Visa using yours or someone else mobile from Canada I would be happy! If you decide to help me in this matter PM me and I will securely email you my CC info and my cell phone I use for Liqpay .

Well, thank you. Smiley That comment made my day! Smiley

You should be able to register the card to your country by using an address in your area. Or, you can optionally use a VoIP phone number in Canada. Some of them can do SMS now. (I don't know if you need SMS to make it Liqpay work; I've never used it before.)
236  Economy / Marketplace / Re: Bitcoin2CC - Convert Bitcoins into a Virtual VISA Card Instantly! on: November 25, 2010, 01:18:44 PM
I wouldn't abandon the small value cards if I were you. Make them proportionally more expensive if that's the case, but leave the option for those who are not very comfortable with putting a lot of money in a prepaid credit card, like people who fear being stolen, or who still don't trust your business well enough...

Okay. Thanks for your valued input. Smiley
237  Economy / Marketplace / Re: Bitcoin2CC - Convert Bitcoins into a Virtual VISA Card Instantly! on: November 25, 2010, 03:13:21 AM
Wait!  Does anyone know if Virgin Mobile accepts Canadian Dollars?

We have Virgin Mobile in Canada.

Maybe you can give them a call and see? Hmm...
238  Economy / Marketplace / Re: Bitcoin2CC - Convert Bitcoins into a Virtual VISA Card Instantly! on: November 25, 2010, 02:12:21 AM
I just received an email from a guy who moved Bitcoins into Bitcoin2CC and used the card number to top up his prepaid cell phone. He told me it worked brilliantly. I like positive feedback! Smiley

Oh crap.. I'm running low on card numbers again.. eek!
239  Economy / Marketplace / Re: BitcoinGateway.com (now accepting Visa/Mastercard) on: November 25, 2010, 01:42:22 AM
Awesome. Wink
240  Economy / Marketplace / Re: BitcoinGateway.com (now accepting Visa/Mastercard) on: November 25, 2010, 01:37:32 AM
Smiley

Yeah, for sure. We should linkswap or something once you get your system up and running.
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