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Author Topic: Looking for MoneyPak to BTC Transaction, No Fees  (Read 1945 times)
TangibleCryptography
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July 31, 2012, 03:57:35 AM
 #21

Well maybe you'll be happier tomorrow and want to get back on.

Trust me no. 
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Transactions must be included in a block to be properly completed. When you send a transaction, it is broadcast to miners. Miners can then optionally include it in their next blocks. Miners will be more inclined to include your transaction if it has a higher transaction fee.
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bobthebuilder (OP)
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July 31, 2012, 03:58:47 AM
 #22

Don't underestimate my seduction skills TangibleCryptography.
Ari
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July 31, 2012, 11:18:23 AM
 #23

Explanation for noobs:

Tangible Cryptography runs the site fastcash4bitcoins.com.  They buy bitcoins and pay out via Paypal, Dwolla, ACH, and other methods.

Over the last few days, he has been running out of money in his paypal account, so he wants to add to his paypal balance using moneypaks.  Normally, he would not buy moneypaks.  Paypal limits moneypak deposits to $4000 per month, so if he did this all the time, then he'd hit the limit and not be able to deposit any more moneypaks.

I don't know when the monthly limit resets, but if it's the first of the month, then he probably won't be offering to buy moneypaks tomorrow.
bobthebuilder (OP)
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July 31, 2012, 09:06:32 PM
 #24

Why do you even have to tell PayPal you're buying MoneyPaks? Isn't that your own personal business?
Ari
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July 31, 2012, 10:21:33 PM
 #25

You don't have to tell PayPal when you buy a MoneyPak.  You have to tell PayPal if you want to put the money from the MoneyPak into your PayPal account.
edmonddantes224
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August 01, 2012, 09:59:44 AM
 #26

So if I'm understanding this, buying BTC with Moneypak is not advised?  And sellers will never do it with newcomers?  Or is it a case-by-case basis?
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