Bitcoin Forum
November 21, 2017, 03:33:45 AM *
News: Latest stable version of Bitcoin Core: 0.15.1  [Torrent].
 
   Home   Help Search Donate Login Register  
Pages: [1]
  Print  
Author Topic: Looking for someone to buy $100 in bitcoins from, have moneypak  (Read 656 times)
Bradlibs93
Newbie
*
Offline Offline

Activity: 9


View Profile
September 10, 2012, 09:19:23 PM
 #1

Hi.

I registered to ask if anyone would want to trade bitcoins for $100 moneypak.


I originally had a friend who I would buy my coins from, but he isn't available at the moment. I need it asap so let me know if you can trade.

I know this is my first post, so I am considered untrustworthy, but I am in need of BTC and have a legit moneypak I bought from CVS. Please let me know what I can do.

Thank you for your time.
1511235225
Hero Member
*
Offline Offline

Posts: 1511235225

View Profile Personal Message (Offline)

Ignore
1511235225
Reply with quote  #2

1511235225
Report to moderator
1511235225
Hero Member
*
Offline Offline

Posts: 1511235225

View Profile Personal Message (Offline)

Ignore
1511235225
Reply with quote  #2

1511235225
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1511235225
Hero Member
*
Offline Offline

Posts: 1511235225

View Profile Personal Message (Offline)

Ignore
1511235225
Reply with quote  #2

1511235225
Report to moderator
1511235225
Hero Member
*
Offline Offline

Posts: 1511235225

View Profile Personal Message (Offline)

Ignore
1511235225
Reply with quote  #2

1511235225
Report to moderator
Monkey1
Hero Member
*****
Offline Offline

Activity: 644



View Profile
September 10, 2012, 09:34:13 PM
 #2

Buy through an exchange and avoid the drama!

                  ▄▄▄▄▄▀▀▀▀▄▄▄
              ▄▄█∞══$&P▀▀▀▀▀▀▀▀█▀▀▀▄▄▄
           ▄██⌐^"'               "═▄═,▀▀▄
       ▄▀▄█▀                        `ⁿ▀▄\▀▄
     ▄▄²█▀                              ▀▀▄▀
    █▀▄█                                   ██▄
   █▄▀╛       ▄███▄  ███████▀ ██  ▐█▌       ▄█▄
  ▐▌,▀       ██▌ ▐██    ██    ██  ██         █▌█
  █╓-        ██▌ ▐█▀    ██    ██ ▐█▌         ▐▐ █
 ▐█▌         ██▌        ██    ██ ██           ▌⌐▌▌
 U█           ███       ██    ████▌           ▐▌▌▐
╟▐▐            ▀██      ██    ████▌            █▌█
█▐▐▌             ██▄    ██    ██▀██            ██
▐▐ ▀             ▐██    ██    ██ ██▌          ,█▌
 ▀▄▌▌        ▄█  ▐██    ██    ██ ▐██         ,▀█
  ▀▓ ⌐       ██▄ ▐██    ██    ██  ██▌       ╓`▀▌
   ╙█▀        ▀███▀     ██    ██   ██      ƒ▄▀█
     ██▄                                  █▀ █
      ▀▀█▄                              ▄█ ▄▀
       ╙▄▀▄▀π,                       ,▄█▀▀▀
         '═▌▄"▄"═             ,.∞═$██▀
             ▀▀▀▀▄▄▄▄▄▄▄▄▀▀▀▀▀▀▀▄▄▀▀
                    ▀▀▀▀▀▀▀▀▀▀▀▀▀
STACK









1
●● TelegramTwitter ●●
Facebook ●●● Discord





Bradlibs93
Newbie
*
Offline Offline

Activity: 9


View Profile
September 10, 2012, 09:35:47 PM
 #3

Buy through an exchange and avoid the drama!

What exchanges accept moneypak?
Stephen Gornick
Legendary
*
Offline Offline

Activity: 2324



View Profile
September 10, 2012, 10:42:17 PM
 #4

MoneyPak is an excellent way to cash out of bitcoin where you then use that MP to reload a debit card or PayPal, for instance.

But MoneyPak is a horrible way to try to buy bitcoins.

Buy through an exchange and avoid the drama!

What exchanges accept moneypak?

None.  Here's why:

The problem is no commercial service can accept MoneyPak as payment for the purchase of bitcoins.  Green Dot doesn't want that happening.  They only allow you using the MoneyPak codes with authorized merchants or for loading funds to your own debit card.  So the only ones where trading MoneyPak for bitcoins  is happening is with individuals who accept MoneyPak for payment when selling bitcoins person-to-person and are small enough to operate below Green Dot's radar.  The person that accepts MoneyPak then uses it to load a PayPal account to to add funds to a reloadable debit card.

Cashing out your bitcoins to MoneyPak is not a problem, and there are a couple of commercial services which offer this:

 - http://www.BTCPak.com
 - http://www.FastCash4Bitcoins.com
 

MoneyPak is a bearer instrument -- anyone who knows the code can spend it.

There are a few ways these MoneyPak codes can end up in the hands of thieves and criminal hackers who then trade them for bitcoins.

The theif might even provide what seems to be a valid MoneyPak code and the person selling bitcoins might see the funds loaded into the PayPal account or wherever the code were used but then later the funds are reversed after the rightful owner of the code reports theft.

To regain access to the funds, the person that accepted the MoneyPak needs to provide to Green Dot a copy of the receipt used to purchase the MoneyPak, using cash.  Even with that, if there is someone else with the same receipt reporting the theft, that person would likely lose the dispute as another person was actually the party that bought the MoneyPak from the store.

So it comes down to ... you are offering a payment method that is reversible and is frequently used to defraud.  Do you already have a trust history perhaps?

The #bitcoin-otc Web of Trust (WoT) will show trust history of a trader.  If a person is considering trading bitcoins for someone else's MoneyPak, that person's trust history might help to determine the level of risk -- but even then, proceed with caution.


Stephen Gornick
Legendary
*
Offline Offline

Activity: 2324



View Profile
September 10, 2012, 10:47:02 PM
 #5

Buy through an exchange and avoid the drama!

What exchanges accept moneypak?

You can use the MoneyPak to load funds into a reloadable debit card or PayPal (but you cannot then withdraw those funds from PayPal using the debit card at an ATM -- PayPal will jump on you for that.

Or you can trade the MoneyPak funds for Amazon gift cards.  

 - https://www.moneypak.com/Partner/Payment.aspx/AmazonGiftCard

I think that is seen as a less risky purchase by some.  For example, once a purchase through Amazon is completed and the item is on its way, it seems that a problem detected at a later time regarding the purchase of the gift card doesn't seem to impact delivery of the item ordered.   Maybe Amazon is eating the loss when it occurs, who knows?

Pages: [1]
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!