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Author Topic: Buying Bitcoins with Debit Card  (Read 6237 times)
IgpayAtinLay (OP)
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September 18, 2012, 02:21:21 PM
 #1

Are there any reputable sites that'll allow you to use a debit card to buy BTC?
Sorry if this is the wrong place for this question....
Gabi
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September 18, 2012, 02:34:46 PM
 #2

As far as i know, almost no one because of the risk of chargeback. Aka a scammer buy btc and then chargeback the transaction. So he get btc and $$$.

IgpayAtinLay (OP)
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September 18, 2012, 02:37:26 PM
 #3

ohhhhhhh, i seeeee now.
the425
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September 18, 2012, 04:06:30 PM
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Yeah I don't think you really get how bitcoin works yet.  Undecided Debit card acceptance would ruin the whole anonymity deal.
Gabi
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September 18, 2012, 04:46:57 PM
 #5

Anonimity is a concern only for few ppl

Most people have no problem with not being anonymous. And anonimity is not related to why no one sell BTC for debit card. As i said the problem are chargebacks. Same reason why no one sell BTC for paypal (or, if they do, they quickly stop  Cheesy)

rate5
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September 18, 2012, 05:02:42 PM
 #6

You can buy them from Memorydealers: https://memorydealers.com/hardware/bitcoin-equipment.html

Looks like they are out of stock at the moment.
evoorhees
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September 18, 2012, 05:36:44 PM
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Yeah I don't think you really get how bitcoin works yet.  Undecided Debit card acceptance would ruin the whole anonymity deal.

The reason you can't buy Bitcoin with debit/credit card is not due to anonymity issues. Many people don't care about anonymity.

The reason is that debit/credit cards can be charged back - the payment can be reversed even months later. Thus the person selling BTC will lose his money and be driven out of business.

The first person who figures out a way to solve this problem - to accept debit/credit cards as payment for BTC without being scammed - will make millions (and it'll happen, I assure you).
allthingsluxury
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September 18, 2012, 06:55:00 PM
 #8

Yah the charge back risk is very high.

rpgreseller
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September 18, 2012, 06:57:08 PM
 #9

With decentralization, anonymity isn't a very big deal. I don't care if any business knows I buy BTC. I only care that I can move money between nations effortlessly and quickly.
bitcoinw
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September 18, 2012, 08:13:59 PM
 #10

Yah the charge back risk is very high.
Unfortunately true,  blocks many ways to buy bitcoins...
Paypal, debit, credit card...

It comes down to a decision about who you trust more. The Buyer or the Seller...

not an easy question to answer.
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