Yes that is a general disadvantage when buying anything with Credit card though. Anyway, while trying to buy Bitcoins, all credit card options are either extremely sparse or overpriced. It's extremely difficult to buy with Credit, why though? Is there a economic reason to this?
bitcoins are 100% irreversible. once they're gone, they're gone. there's no way of getting them back. credit cards are often stolen or can be charged back.
bitcoin merchants who sell to credit card holders either have to be extremely diligent or put up with a significant amount of theft. i presume that's why fees are so high as they're taking a regular hit.
if i was in the bitcoin selling business there's no way in hell i'd ever accept them.
Interesting, my bank or country hardly supports this chargeback option I think. I use PayPal which has the chargeback option though I have never used it to buy bitcoin.
Even if I was in selling bitcoins, I would have never accepted credit cards to sell bitcoins. Most of the scams occurs in the credit cards. Also they charge a heavy fees which cant be affordable by bitcoiners as we think a lot about the fees. It is good to purchase bitcoin with any other option. Purchasing bitcoin with paypal maybe perhaps safe rather then buying bitcoins with credit card.
Bitcoin is a anonymous currency and cant be traced. So even if someone uses our credit card to purchase bitcoins, we cant do nothing so it is good to not to use creditcards to purchase bitcoins.
