Bitcoin Forum
June 23, 2024, 06:13:31 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1]
  Print  
Author Topic: Bittylicious do have a fee or are just stealing?  (Read 2032 times)
ashmo (OP)
Newbie
*
Offline Offline

Activity: 1
Merit: 0


View Profile
June 03, 2014, 12:27:36 PM
 #1

I bought £10 worth of bitcoins from Bittylicious but when it was sent to my wallet the amount was only £7.85 worth?

I sent an email and they say don't have a fee for using their buy service but they clearly take a cut?

For example the current exchange rate for £40.00 worth of bitcoins is 0.1019 but if I put £40.00 into Bittylicious it comes up with 0.09495 which is £37.29, as 0.1019 costs £42.92 from Bittylicious?

I don't mind a fee but 20% !? Most other services take just a few pence.  Angry  Huh
Pony789
Hero Member
*****
Offline Offline

Activity: 882
Merit: 1000



View Profile
June 03, 2014, 01:24:40 PM
 #2

I bought £10 worth of bitcoins from Bittylicious but when it was sent to my wallet the amount was only £7.85 worth?

I sent an email and they say don't have a fee for using their buy service but they clearly take a cut?

For example the current exchange rate for £40.00 worth of bitcoins is 0.1019 but if I put £40.00 into Bittylicious it comes up with 0.09495 which is £37.29, as 0.1019 costs £42.92 from Bittylicious?

I don't mind a fee but 20% !? Most other services take just a few pence.  Angry  Huh

Bittylicious doesn't charge a transaction fee, but its price is higher. But it shouldn't be a 20% difference.
For comparison, at this moment, Bittylicious price is £421.24≈$705.5 whle Bitstamp price is $662.78.


hilariousandco
Global Moderator
Legendary
*
Offline Offline

Activity: 3850
Merit: 2647


Join the world-leading crypto sportsbook NOW!


View Profile
June 03, 2014, 01:35:30 PM
 #3

Their prices are slightly higher than other places and for some payment mediums you'll pay a premium, but it tells you how many bitcoins you're getting for the cash so you should've known what you were getting.

  ▄▄███████▄███████▄▄▄
 █████████████
▀▀▀▀▀▀████▄▄
███████████████
       ▀▀███▄
███████████████
          ▀███
 █████████████
             ███
███████████▀▀               ███
███                         ███
███                         ███
 ███                       ███
  ███▄                   ▄███
   ▀███▄▄             ▄▄███▀
     ▀▀████▄▄▄▄▄▄▄▄▄████▀▀
         ▀▀▀███████▀▀▀
░░░████▄▄▄▄
░▄▄░
▄▄███████▄▀█████▄▄
██▄████▌▐█▌█████▄██
████▀▄▄▄▌███░▄▄▄▀████
██████▄▄▄█▄▄▄██████
█░███████░▐█▌░███████░█
▀▀██▀░██░▐█▌░██░▀██▀▀
▄▄▄░█▀░█░██░▐█▌░██░█░▀█░▄▄▄
██▀░░░░▀██░▐█▌░██▀░░░░▀██
▀██
█████▄███▀▀██▀▀███▄███████▀
▀███████████████████████▀
▀▀▀▀███████████▀▀▀▀
▄▄██████▄▄
▀█▀
█  █▀█▀
  ▄█  ██  █▄  ▄
█ ▄█ █▀█▄▄█▀█ █▄ █
▀▄█ █ ███▄▄▄▄███ █ █▄▀
▀▀ █    ▄▄▄▄    █ ▀▀
   ██████   █
█     ▀▀     █
▀▄▀▄▀▄▀▄▀▄▀▄
▄ ██████▀▀██████ ▄
▄████████ ██ ████████▄
▀▀███████▄▄███████▀▀
▀▀▀████████▀▀▀
█████████████LEADING CRYPTO SPORTSBOOK & CASINO█████████████
MULTI
CURRENCY
1500+
CASINO GAMES
CRYPTO EXCLUSIVE
CLUBHOUSE
FAST & SECURE
PAYMENTS
.
..PLAY NOW!..
tertius993
Hero Member
*****
Offline Offline

Activity: 1029
Merit: 712


View Profile
June 03, 2014, 02:45:08 PM
 #4

Their prices are slightly higher than other places and for some payment mediums you'll pay a premium, but it tells you how many bitcoins you're getting for the cash so you should've known what you were getting.

Exactly.  I cannot understand the problem: the site shows exactly how many BTC you get for how much GBP.

For me the value of Bittylicious is precisely that there are no other fees - no need to convert GBP to USD, no deposit fees, no transaction fees, etc..  So for a small purchase it is perfect.
Baitty
Hero Member
*****
Offline Offline

Activity: 532
Merit: 500

Currently held as collateral by monbux


View Profile
June 03, 2014, 06:12:40 PM
 #5

I think they are robbing they know that people will pay that amount so they will ask for more. I don't use them becasuse how high the fees are makes it not worth while to me.

Currently held as collateral by monbux
hilariousandco
Global Moderator
Legendary
*
Offline Offline

Activity: 3850
Merit: 2647


Join the world-leading crypto sportsbook NOW!


View Profile
June 03, 2014, 06:24:54 PM
 #6

It's not robbing or theft when people willing pay that price. If you want cheaper coins just go to an exchange, but Bitty serves its place.

  ▄▄███████▄███████▄▄▄
 █████████████
▀▀▀▀▀▀████▄▄
███████████████
       ▀▀███▄
███████████████
          ▀███
 █████████████
             ███
███████████▀▀               ███
███                         ███
███                         ███
 ███                       ███
  ███▄                   ▄███
   ▀███▄▄             ▄▄███▀
     ▀▀████▄▄▄▄▄▄▄▄▄████▀▀
         ▀▀▀███████▀▀▀
░░░████▄▄▄▄
░▄▄░
▄▄███████▄▀█████▄▄
██▄████▌▐█▌█████▄██
████▀▄▄▄▌███░▄▄▄▀████
██████▄▄▄█▄▄▄██████
█░███████░▐█▌░███████░█
▀▀██▀░██░▐█▌░██░▀██▀▀
▄▄▄░█▀░█░██░▐█▌░██░█░▀█░▄▄▄
██▀░░░░▀██░▐█▌░██▀░░░░▀██
▀██
█████▄███▀▀██▀▀███▄███████▀
▀███████████████████████▀
▀▀▀▀███████████▀▀▀▀
▄▄██████▄▄
▀█▀
█  █▀█▀
  ▄█  ██  █▄  ▄
█ ▄█ █▀█▄▄█▀█ █▄ █
▀▄█ █ ███▄▄▄▄███ █ █▄▀
▀▀ █    ▄▄▄▄    █ ▀▀
   ██████   █
█     ▀▀     █
▀▄▀▄▀▄▀▄▀▄▀▄
▄ ██████▀▀██████ ▄
▄████████ ██ ████████▄
▀▀███████▄▄███████▀▀
▀▀▀████████▀▀▀
█████████████LEADING CRYPTO SPORTSBOOK & CASINO█████████████
MULTI
CURRENCY
1500+
CASINO GAMES
CRYPTO EXCLUSIVE
CLUBHOUSE
FAST & SECURE
PAYMENTS
.
..PLAY NOW!..
vm1990
Legendary
*
Offline Offline

Activity: 1540
Merit: 1002



View Profile
June 03, 2014, 07:31:41 PM
 #7

Iv used them a few times never had a problem, they are a bit expensive but when you think about it there probably one of the best places they don't ask for id and you don't have to send money through 3or 4 providers first

gigatux
Sr. Member
****
Offline Offline

Activity: 343
Merit: 250



View Profile
June 04, 2014, 02:50:58 PM
 #8

It always entertains me when we hear that people are being robbed when they clearly see the price on Bittylicious before buying, and at every stage of the purchase.

It used to happen when many Bitcoin price sites were compared against the Gox price - people would say, "I sent £100 of Bitcoins to my wallet but according to http:/some.bitcoin.price.site/ I only got £10 worth!"

I'm glad most of you agree - yes, Bittylicious is more expensive than most of the big exchanges, but its ease of use and service especially in GBP are what you pay for, essentially. We even have a frank wiki page at https://bittylicious.com/help/index.php/Why_do_Bitcoins_on_Bittylicious_cost_so_much%3F detailing why coins are 'so expensive'.
Pages: [1]
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!