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Author Topic: Refuse Transactions?  (Read 358 times)
jordan314
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May 11, 2013, 07:13:21 AM
 #1

Hi,
         I'm starting a new bitcoin service and I'd like to start it by limiting accounts to only having 2 BTC to prevent liability. There's no way to refuse a bitcoin transaction is there? If I generate a unique address per user and they send it 5 BTC, would you guys recommend auto refunding 3 BTC (after the original transaction has three confirmations), or is that problematic?
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Boba
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May 11, 2013, 07:16:18 AM
 #2

If they pay directly from mt.gox there's a problem. The money sent back won't go to the one who sent them.

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DannyHamilton
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May 12, 2013, 04:57:35 AM
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Have each user provide a bitcoin address where they want refunds sent before you send them a funding address.  That way if they send you to much bitcoin, you have somewhere to send the refund.

jordan314
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May 15, 2013, 04:10:57 AM
 #4

Thank you both, those points are helpful.
aldrin
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May 15, 2013, 04:12:03 AM
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Yeah thanks!

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May 15, 2013, 04:30:09 AM
 #6

Thanks, this also benefited me.

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