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Author Topic: Payment processing sites that allow bitcoin trading  (Read 2782 times)
Darth Severus
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May 03, 2011, 04:35:50 PM
 #21

I think if people would use BTC marketplaces with easy access in future, this will not be such a big problem. They only need to open a new account at a payment processing service they didn´t use before, and then start trading with other people on a marketplace for BTC. These payment processing sites will not be able to cancel all accounts. If it happens, then trade with another. Well, some kind of reputation system would be helpfull.

I made a list of payment processing service here: http://bitcointalk.org/index.php?topic=7069.0
I try to sort them and start a discussion what are pros and cons of them. Maybe we find ways which can´t be blocked. For e.g. selling scans of Ukash and cashing out with a debit.


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bearbones
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May 03, 2011, 04:41:18 PM
 #22

Thanks for the link; it looks like a useful list.

I imagine that as the BTC market grows, this will become less of an issue.  Banks are already used to holding checks until they clear.  It isn't too hard to imagine a similar system being put in place for BTC->USD or any other conventional money.

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May 03, 2011, 06:39:47 PM
 #23

I think that the accepted way to buy and sell bitcoins for credit card via PayPal is going to be selling paper gift certificates on Ebay. I started a thread about it here:

http://bitcointalk.org/index.php?topic=7072.0

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