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Author Topic: Bitcoin friendly Liberty Reserve exchanger.  (Read 2589 times)
Anonymous
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November 13, 2010, 02:22:39 PM
 #1

Either Mt Gox or someone in  the bitcoin community could apply to become an official liberty reserve exchanger and then offer special deals such as free transfers into mt gox for the purpose of bitcoin buying. Why support some third party exchanger who doesnt support bitcoins and charges outrageous fees in the process?. Then mt gox could remove the fees on trading bitcoins and instead move them to the process of buying liberty reserve.

 Liberty Reserve uses ecardone - http://banking.ecardone.com/#
to manage this process .

I have even seen some liberty reserve exchangers offering visa debit cards you can fill up with your existing balance. So why not setup a system where you can charge a debit visa card with mt gox dollars?
Each block is stacked on top of the previous one. Adding another block to the top makes all lower blocks more difficult to remove: there is more "weight" above each block. A transaction in a block 6 blocks deep (6 confirmations) will be very difficult to remove.
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November 13, 2010, 02:47:44 PM
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Just one point, I think Mt Gox charges a trade fee to cut down on speculative trading, I don't think it's related to getting USD in/out.
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November 13, 2010, 03:40:56 PM
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Just one point, I think Mt Gox charges a trade fee to cut down on speculative trading, I don't think it's related to getting USD in/out.

He charges a fee to get money. He understands the benefits of speculation.

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Anonymous
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November 18, 2010, 11:32:18 PM
 #4

Just one point, I think Mt Gox charges a trade fee to cut down on speculative trading, I don't think it's related to getting USD in/out.

Its got nothing to do with speculating. It is to help cover the loss from paypal.


Putting my money where my mouth is I started offering bitcoin rebates if you visit certain exchangers through my site. 2% at Centregold and Aurum Exchange will cover most of the fees charged by mt gox.
http://www.bitcointo.com/2010/11/get-bitcoins-back-while-exchanging-for.html
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