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Author Topic: Buy Bitcoin with credit card  (Read 5995 times)
imsaguy
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October 18, 2011, 03:42:25 PM
 #21

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

Exactly.  So sell something  (like your autograph or some cheap pencil) and they get "bonus" bitcoins. Happens on eBay all the time.

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October 18, 2011, 06:41:58 PM
 #22

They sell gold online w/cards but ship registered and phone the number on the card. Still not 100% scam free you will lose some orders. Also have to call it something else like game coupons.. max 200 per trans
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December 21, 2011, 08:01:26 PM
 #23

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

Whoever tried it would get killed by chargebacks . Best bet would be to use your credit card to deposit to buy OKPay and then exchange okpay fot bitcoin.
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December 21, 2011, 08:14:42 PM
 #24

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

Whoever tried it would get killed by chargebacks . Best bet would be to use your credit card to deposit to buy OKPay and then exchange okpay fot bitcoin.

Since you have revived an old thread - memorydealers will sell bitcoins with credit card:
http://www.memorydealers.com/bieq.html
chungenhung
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December 21, 2011, 10:17:32 PM
 #25

i would never use paypal for selling anything.
they almost always sides with the buyer.
i used to sell a bunch of things on ebay, and has then quit.
This is what happens usually:
1. buyer won the item and paid for it.
2. i shipped it out the next morning.
3. the afternoon, buyer put in a item not received dispute.
4. paypal quickly closed the case within a week, not enough time for the item to arrive.
5. try to re-open the case.
6. case gets closed the very next day.

Want to know why there are so many scammers on ebay/paypal? b/c the company don't care about anyone at all. all they care is the % cut they get.

Trading MtGox USD for Dwolla/ACH deposit/Chase cash deposit
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December 23, 2011, 08:19:39 AM
 #26

There have been three recent entries into this market.  I did use the first two - until they stopped doing business.  The third appears to still be in business but I have not used them because they ask for too much information in order to process a credit card order:

http://www.mrcoins.org now "out of stock"
http://simplecoin.com having "technical difficulties"

http://www.klooch.com if anyone tries this let me know how it goes.  I am not willing to give them all the info they require at this time.

Just for the heck of it I tried to sign up for an account at http://buybitcoins.com and to my surprise it appeared to work.  Again I am not willing to give them the amount of information they request - and it kind of looked fishy since you enter your credit card info on an unsecured (http) page instead of a secured (https) page.  But again if anyone is willing to risk it let me know how it goes.

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December 23, 2011, 09:19:25 AM
 #27

There have been three recent entries into this market.  I did use the first two - until they stopped doing business.  The third appears to still be in business but I have not used them because they ask for too much information in order to process a credit card order:

http://www.mrcoins.org now "out of stock"
http://simplecoin.com having "technical difficulties"

http://www.klooch.com if anyone tries this let me know how it goes.  I am not willing to give them all the info they require at this time.

Just for the heck of it I tried to sign up for an account at http://buybitcoins.com and to my surprise it appeared to work.  Again I am not willing to give them the amount of information they request - and it kind of looked fishy since you enter your credit card info on an unsecured (http) page instead of a secured (https) page.  But again if anyone is willing to risk it let me know how it goes.

It's odd that the people who are unwilling to give the amount of info these sites are asking for are the only people i'm seeing talk about them.

They're asking for all of this info to deter chargebacks or at least have the necessary information to verify that the card was not stolen so they can go after the person issuing the chargeback.

Since you have revived an old thread - memorydealers will sell bitcoins with credit card:
http://www.memorydealers.com/bieq.html

Anyone have any news on when this will be available?

http://www.btcnow.net/ is what you're talking about.

btcnow.net starts pretty close to mtgox too

I wonder how long google will stand for this? lol
Also, anyone have any actual info on btcnow (as it is now)? No news is confusing news.
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December 30, 2011, 08:29:23 PM
 #28

why do people say buying bitcoins is hard, in canada you just walk into a bank deposit money into an account go home and within a few hrs you have your Bitcoins really easy where i live lol
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December 30, 2011, 09:40:35 PM
 #29

why do people say buying bitcoins is hard, in canada you just walk into a bank deposit money into an account go home and within a few hrs you have your Bitcoins really easy where i live lol

There aren't chase banks in every state.
zer0
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January 04, 2012, 12:52:23 AM
 #30

MtGox (or somebody here) should use trustcash.com payment gateway. Has over 10,000 cash deposit spots in the US plus the checkout cart thing takes care of everything, no people depositing cash and screwing it up not keeping the receipt or wrong account ect. Just ask them what bank's they use and get an account there for instant near realtime deposits.

If you wanted to sell for credit cards it's possible but only if you use a 100% chargeback insurance like cashrun.com and had a huge float of coins sitting around while you wait to get cleared funds into your merchant account (takes like 3-5 days). For extra chargeback protection could charge the customer a registered letter fee, there are services in every country you can pay $5 to drop ship a registered letter with a code or something so you are at least somewhat protected.

Would still get chargebacks though, but I imagine if you jacked the fees up 10%+ could cover them easily. This of course only works if you found an 'Angel investor' and pimped your idea to them, and you aren't American, and you don't directly sell Bitcoin but a gamecard voucher or something that you can convert into BTC on the same site.
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January 04, 2012, 01:16:36 AM
 #31

MtGox (or somebody here) should use trustcash.com payment gateway. Has over 10,000 cash deposit spots in the US plus the checkout cart thing takes care of everything, no people depositing cash and screwing it up not keeping the receipt or wrong account ect. Just ask them what bank's they use and get an account there for instant near realtime deposits.

BitInstant already processes instant cash deposits with our TrustCash partners depositing into MtGox, TradeHill, and Cryto X Change
www.Bitinstant.com

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