FenixRD
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Activity: 364
Merit: 250
I am Citizenfive.
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May 13, 2013, 09:06:37 AM |
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First, accept that no one both reputable and for the long-term will accept anything more than small amounts directly charged to credit for a bitcoin.
Now. Not that I recommend ever being so "desperate" to get into bitcoin that you would use a CC to fund it, but during the run-up to $260, my little brother did the following around $60:
(I preface with that because the "fastest" method results in what are best described as convenience fees, easily a good investment during that period of monumental rise; perhaps not at the current time, depending on why you want coins.)
1. Cash advance credit card.
2. BitInstant or similar to Bitcoin address.
3. Congrats, you have bitcoins. Holy balls, that was pretty easy... and took like 30 minutes tops. I don't know why anyone is discussing any of these other methods, honestly.
You now probably will incur large finance charges, because even brand new cards with 0% intro rates do not have 0% on cash advance. There is usually (1) a % on the cash itself, probably circa 3%; and (2) large monthly interest. If you accept (1) for convenience, there are two ways to avoid (2). My brother utilized both, because he maxxed three cards.
Method 1: Pay off the balance on the card(s) the first month.
Method 2: Transfer the balance to a new card. Competitive cards almost always offer 0% balance transfers to entice you. Thus turning your "high" % cash advance interest into intro 0%.
He also dumped at $220, and only bought back in a week or so ago, for $105. Seems he probably made smart choices. Risky, but smart.
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Uberlurker. Been here since the Finney transaction. Please consider this before replying; there is a good chance I've heard it before.
-Citizenfive
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rudystyle
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May 13, 2013, 10:21:03 AM |
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I think xmlgold.eu is a good place
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MarkLyford
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May 13, 2013, 05:38:37 PM |
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anyone know of any reputable UK places you can fund with Paypal and or credit card?
Thanks
Mark
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28storm
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Activity: 15
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May 22, 2013, 08:15:51 PM |
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Is okpay still accepted at any bitcoin exchanges or is there a way to buy bitcoins with okpay?
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jakebriggs92
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May 25, 2013, 10:24:55 PM |
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"First, accept that no one both reputable and for the long-term will accept anything more than small amounts directly charged to credit for a bitcoin. " I disagree. So far, most attempts at solving CC for BTC have failed to fraud, but that doesn't mean the problem is unsolvable. Currently a few groups are successfully offering bitcoins for credit card, but all require identity verification via passport/id upload and charge around 10% markup to MtGox or CampBX prices. Right now I'd recommend: BuyBitcoins.com - Definitely the best interface and easiest way to buy coins, coins are delivered within a few hours, sold at 10% markup BtcQuick.com - Cheapest option at only 7.5% markup with a $2.00 registration fee, but new version of the site is very difficult to use (almost unusable). VirWox - Coins sold around 12% markup. Site isn't designed for bitcoin, so the process of getting coins is a bit convoluted, requiring you to add USD, buy Linden $ then trade this for Bitcoin. |
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flavius
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Merit: 100
welcome to riches
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May 27, 2013, 12:10:57 PM |
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buybitcoins isn't terrible, I can generally use 3-4 cards a week on them and 50% or so of the scans I submit work.
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Quote
crime generates tenfold more money then real businesses do in bitcoin. the fact you cant accept this just makes you a kike
A reply of yours, quoted below, was deleted by the starter of a self-moderated topic. There are no rules of self-moderation, so this deletion cannot be appealed. Do not continue posting in this topic if the topic-starter has requested that you leave.
You can create a new topic if you are unsatisfied with this one. If the topic-starter is scamming, post about it in Scam Accusations.
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murdof
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May 06, 2014, 02:18:55 PM |
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Anyone ever purchased from coinmama?
how long do they take to send you the bitcoins after you have submitted western union MTCN?
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Virtual Exchange
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May 07, 2014, 02:35:09 AM
Last edit: May 07, 2014, 06:09:22 AM by Virtual Exchange |
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The easiest way for you to buy Bitcoins with your credit card would be to get a cash advance set up on your CC account, withdraw money from an ATM, buy a MoneyPak, and exchange it for BTC with a reputable seller.
(Way less fee's this way, you save a lot of money)
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Vitsila
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May 07, 2014, 04:52:10 AM |
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Which sites work good with paypal?
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Shogen
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Merit: 1001
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May 07, 2014, 04:58:04 AM |
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Which sites work good with paypal?
Virwox ( https://www.virwox.com), but the fee is very bad.  |
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Veltoss
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May 07, 2014, 05:11:33 AM |
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Which sites work good with paypal?
What I ended up doing (being impatient as I am) was buy dogecoin from weselldoges.com, transfer it to Mintpal, trade to bitcoin. Probably better ways though. |
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Swordsoffreedom
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Leading Crypto Sports Betting & Casino Platform
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May 07, 2014, 06:07:28 AM |
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That is quite an old necro on this thread although I don't think much has changed for credit cards
Quickbt is one source
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murdof
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May 07, 2014, 10:34:21 AM |
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The easiest way for you to buy Bitcoins with your credit card would be to get a cash advance set up on your CC account, withdraw money from an ATM, buy a MoneyPak, and exchange it for BTC with a reputable seller.
(Way less fee's this way, you save a lot of money)
So this is indeed the most secure way. Withdraw the money your self, put them in your account and make bank transfer to Bitstamp or a reputable seller. Alternatively if you don't have cash advance you can use Western Union to send the money to a friend/family member and pay with your credit card. Then pick up the money with your friend/family member, deposit them in your account and do a bank transfer as above. Everything else involves third parties and although they might be trusted there might be a doubt about them. |
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Vitsila
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May 07, 2014, 08:17:36 PM
Last edit: May 07, 2014, 08:51:19 PM by Vitsila |
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How much is the fee , i am newbie here and i want to buy some bitcoins to start... |
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Shogen
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May 07, 2014, 08:33:14 PM |
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How much is the fee , i am newbie here and i want to buy some bitcoins to start... *Fixed your quote*  You can find the fees here ( https://www.virwox.com/help.php#_Fees). Basically there is a fee of 50 SLL + 2.90% for USD/SLL and another fee of of 50 SLL + 2.90% for BTC/SLL. You will also have a low limit (60EUR in 24hr and 180EUR in 30days) for paypal deposit at first. https://www.virwox.com/help.php#_Levels_and_Limits |
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umair127
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May 07, 2014, 08:49:00 PM |
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Anyone ever purchased from coinmama?
how long do they take to send you the bitcoins after you have submitted western union MTCN?
do not buy from coinmama, they such an overcharging bunch of greedy business owners, go get a money pak card and go buy it as the currency exchange service or at local bitcoins |
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Vitsila
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May 07, 2014, 09:00:08 PM
Last edit: May 08, 2014, 01:31:33 PM by Vitsila |
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Fixed Thanks a lot ... |
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n3o11
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May 11, 2014, 04:03:49 PM |
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If you are from the US I think coinbase might be your best option, not sure about other places but the preparing-to-launch exchangers like circle etc... might be your solution |
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Stephen Gornick
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June 09, 2014, 09:59:46 PM |
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http://TruCoin.com -- buy with credit or debit card. Currently in beta, but those on the list are getting invites. As far as some background on TruCoin -- at one point in time (before there was a Bitcoin Foundation), TruCoin paid a salary to Gavin to continue as lead core dev and they also hired someone to do QA on the Bitcoin client.
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