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Author Topic: Buy Bitcoin with credit card  (Read 6002 times)
worldinacoin
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October 17, 2011, 10:14:16 AM
 #1

Is there anyway to buy bitcoin with a credit card?  The current payment and withdrawal seems quite tedious.
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October 17, 2011, 03:53:13 PM
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Buying Bitcoin with credit card is unsafe, so it is almost never done.

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worldinacoin
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October 17, 2011, 04:00:01 PM
 #3

accesscoin.com seems to be offline and their domain for sale Sad
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October 17, 2011, 04:01:34 PM
 #4

Is there anyway to buy bitcoin with a credit card?  The current payment and withdrawal seems quite tedious.

The market has not yet figured out a way to do it without chargeback risk. However, a few projects are in the works to remedy this, because long term the ability to purchase with a credit card is absolutely necessary.

worldinacoin
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October 17, 2011, 04:03:52 PM
 #5

Yeap without credit card and paypal, buying bitcoins is quite troublesome, having to go through Liberty Reserve, Paxum etc.
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October 17, 2011, 04:05:11 PM
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Yeap without credit card and paypal, buying bitcoins is quite troublesome, having to go through Liberty Reserve, Paxum etc.

Hi guys, whatcha talkin' about?
worldinacoin
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October 17, 2011, 04:34:13 PM
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I did consider dialcoin, very smart implementation but the premium is kinda high.
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October 17, 2011, 04:38:53 PM
 #8

Selling with WU, check my signature if interested.

If you don't own the private keys, you don't own the coins.
worldinacoin
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October 17, 2011, 04:45:34 PM
 #9

That is a good idea, there is no charge backs for both.  Main critical issue is, if you send and the other guy doesn't you will be at the losing end.
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October 17, 2011, 04:54:38 PM
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there's a solution with google checkout somewhere on the web, but kinda expensive.
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October 17, 2011, 04:56:49 PM
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That is a good idea, there is no charge backs for both.  Main critical issue is, if you send and the other guy doesn't you will be at the losing end.

I will only send the btc once the transfer is confirmed, usually in less than 1 hour.

If you don't own the private keys, you don't own the coins.
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October 17, 2011, 06:11:50 PM
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I did consider dialcoin, very smart implementation but the premium is kinda high.

Kinda high? Its like $5 for less than half a coin.

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terrytibbs
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October 17, 2011, 06:43:52 PM
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http://www.btcnow.net/ is what you're talking about.
imsaguy
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October 17, 2011, 10:40:07 PM
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http://www.btcnow.net/ is what you're talking about.

btcnow.net starts pretty close to mtgox too

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worldinacoin
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October 18, 2011, 03:29:56 AM
 #15

Their prices are nearly 2-3 times the current at mtgox Sad
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October 18, 2011, 03:31:31 AM
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Their prices are nearly 2-3 times the current at mtgox Sad

Only because they are nearing empty.  You gotta check back often, because when they top it up, they are cheaper.

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October 18, 2011, 03:34:54 AM
 #17

I have a hunch that if you sold only physical bitcoins and only shipped them to the AVS-matched address with trackable shipping and a signature required, you'd probably be safe.

Companies claiming they got hacked and lost your coins sounds like fraud so perfect it could be called fashionable.  I never believe them.  If I ever experience the misfortune of a real intrusion, I declare I have been honest about the way I have managed the keys in Casascius Coins.  I maintain no ability to recover or reproduce the keys, not even under limitless duress or total intrusion.  Remember that trusting strangers with your coins without any recourse is, as a matter of principle, not a best practice.  Don't keep coins online. Use paper wallets instead.
imsaguy
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October 18, 2011, 02:19:57 PM
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I have a hunch that if you sold only physical bitcoins and only shipped them to the AVS-matched address with trackable shipping and a signature required, you'd probably be safe.

I've been hearing some rumors that both PayPal and Google have gone and unreversed transactions when shown bitcoin transaction records and an explanation, relating it to something like Facebook Credits vs 'currency'.

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Shades Minoco Collection Thread: https://bitcointalk.org/index.php?topic=65989
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worldinacoin
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October 18, 2011, 02:46:57 PM
 #19

Yeap I doubt Paypal will reverse this policy, however making it physical does have an advantage, at least sellers will not be hesitant as physical products are protected under Paypal policies.
worldinacoin
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October 18, 2011, 03:19:07 PM
 #20

Well they can say this for anything?  I receive my Radeon card but it comes with no fans Smiley
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