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Author Topic: FastCash4Bitcoins Support Thread  (Read 94577 times)
TangibleCryptography (OP)
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August 08, 2012, 04:14:22 PM
Last edit: August 09, 2012, 11:04:50 AM by TangibleCryptography
 #201

Hi! I'm looking to use your service after spendbitcoins cut their US support. I was just wondering, on your site it says the fee for paypal withdrawals 1%. Is that the total fee, including anything paypal takes? I thought they charged 2.9%? Would my total fee be 3.9%?


We pay all PayPal fees.  The amount on the quote page ("amount due") is the amount you will receive and there will be no additional fees by PayPal.  I would point out we are currently out of PayPal funds.  We should be reloaded by 8/10.
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DeathAndTaxes
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August 08, 2012, 04:48:22 PM
 #202

Got to be a record.  Out of bank funds. 
Smokes people that was ~ 3,000 BTC in 5 hours.

In 5 hours we bought more coins than were traded on most exchanges in the last 24.
http://bitcoincharts.com/markets/

We should have more funds this evening and tomorrow.
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August 09, 2012, 04:10:10 PM
 #203

New record again? :X

I've got to start waking up earlier...

1D7FJWRzeKa4SLmTznd3JpeNU13L1ErEco
TangibleCryptography (OP)
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August 09, 2012, 04:19:37 PM
 #204

Probably not a record.  The funding added today was much smaller.   I am happy to announce we have sought two lines of credit in order to improve our working capital.  We are in talks with multiple lenders and feel confident we will secure this additional funding soon.   The additional funding will boost our working capital and allow higher sales volume with less outages.
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August 09, 2012, 09:13:51 PM
 #205

pmd you about an order
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August 09, 2012, 09:35:37 PM
 #206

thanks  Smiley
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August 09, 2012, 09:58:28 PM
 #207


                                       Funding Status (last updated 08/09/2012 12:00 EST)                        
Dwolla  Funds exhausted (no payout possible)       Additional funds expected 08/08 ? ? Not sure what is going on w/ Dwolla.  

You want to know what's going on with Dwolla?  What's going on is that they suck ass and need a scammer tag + boycott.

Earlier: "Dwolla is a shiny new startup armed with disruptive technology that will cut out the PayPal middleman, empowering people to exercise their right to exchange money with their peers."

Now: "Dwolla has realized that freedom is illegal, and will spare no expense making sure that we comply with our fascist bankster oligarch master's laws designed to protect the banking monopoly and prevent simple, easy, fast peer to peer transactions.  You are presumed to be doing something illegal and must prove your innocence.  Because money laundering.  And 9/11."


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Monero
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whether we have a dictatorship or a real democracy." 
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"Fungibility provides privacy as a side effect."  Adam Back 2014
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August 09, 2012, 10:54:46 PM
 #208


                                       Funding Status (last updated 08/09/2012 12:00 EST)                        
Dwolla  Funds exhausted (no payout possible)       Additional funds expected 08/08 ? ? Not sure what is going on w/ Dwolla.  

You want to know what's going on with Dwolla?  What's going on is that they suck ass and need a scammer tag + boycott.

Earlier: "Dwolla is a shiny new startup armed with disruptive technology that will cut out the PayPal middleman, empowering people to exercise their right to exchange money with their peers."

Now: "Dwolla has realized that freedom is illegal, and will spare no expense making sure that we comply with our fascist bankster oligarch master's laws designed to protect the banking monopoly and prevent simple, easy, fast peer to peer transactions.  You are presumed to be doing something illegal and must prove your innocence.  Because money laundering.  And 9/11."
   True  http://www.youtube.com/watch?v=fMGJVfwnlX0&feature=player_embedded#at=593
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August 14, 2012, 04:28:28 PM
 #209

Quote
Payouts are processed in batches four times a day.

What times? Or is it just whenever you get the opportunity. Is your fee always close to what it is or does it vary based on your needs?

Currently it's about 5.75%, with bitstamp>bitinstant>virwox>paypal it's 5.39% for $100 transfer that takes about 30 mins total (3 confirmations is longest part), less if you do bigger amounts. I just did 45 btc for 4.5% that way. I'd rather use your service since I think bitinstant are douchebags for charging 6% when you can use their service like I did for 4.5%, but 1.25% more is too much Sad

TangibleCryptography (OP)
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August 14, 2012, 04:54:25 PM
 #210

What times? Or is it just whenever you get the opportunity.


Times vary but they are completed roughly 8AM EST, 1PM EST, 7PM EST, 12AM EST.

Quote
Is your fee always close to what it is or does it vary based on your needs?

The price that we purchase coins at varies based on volatility, the difference between MtGox and other exchanges, and funds available for payout.  PayPal has an additional 1% fee (due to it's high cost for merchants) however many of our other payout methods like ACH or company check have no additional fee.  The margin included in the sell price is currently at the high end of the range due to recent price spike and other exchanges lagging behind MtGox.

Quote
I just did 45 btc for 4.5% that way.
I am curious how you were able to achieve 4.5% effective fee?  Doesn't bitstamp charge a 0.5% trading fee? BitInstant charge a 4% fee on a transfer? wirwox charge a 2% fee on PayPal withdrawals?  0.995 * 0.96 * 0.98 = 6.4% right?
TangibleCryptography (OP)
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August 15, 2012, 01:00:03 AM
 #211


                                       Funding Status (last updated 08/14/2012 21:00 EST)                        
Bank  Funds high (max payout available)          
PayPal  Funds high (max payout available)          
Dwolla  Funds exhausted (no payout available)       Additional funds expected 08/17
Moneybookers  Funds high (max payout available)          
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August 15, 2012, 02:12:37 PM
 #212

I placed my first order today. Spent ~3 weeks in the hospital, got bills to pay Sad

Been watching this since it launched, looks awesome.
TangibleCryptography (OP)
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August 15, 2012, 02:37:12 PM
Last edit: August 15, 2012, 06:28:49 PM by TangibleCryptography
 #213


                                       Funding Status (last updated 08/15/2012 10:30 EST)                        
Bank  Funds high (max payout available)          
PayPal  Funds exhausted (no payout available)       Additional funds expected 08/17
Dwolla  Funds exhausted (no payout available)       Additional funds expected 08/17
Moneybookers  Funds high (max payout available)          
TangibleCryptography (OP)
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August 16, 2012, 02:32:47 PM
 #214


                                       Funding Status (last updated 08/16/2012 10:30 EST)                        
Bank  Funds exhausted (no payout available)       Additional funds expected 08/17
PayPal  Funds exhausted (no payout available)       Additional funds expected 08/17
Dwolla  Funds exhausted (no payout available)       Additional funds expected 08/17
Moneybookers  Funds high (max payout available)          
BitcoinINV
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August 16, 2012, 03:05:26 PM
 #215

Placed to orders yesterday one for same day transfer and one for ACH transfer still have not seen funds, any idea?

TangibleCryptography (OP)
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August 16, 2012, 03:27:42 PM
 #216

Placed to orders yesterday one for same day transfer and one for ACH transfer still have not seen funds, any idea?

All bank wires which were pending went out yesterday and our sending bank reported no failures.  A normal ACH will take 3-5 business days to post.  There will be no advance notice before the funds are credited.   For an ACH submitted yesterday (Wed) three business days would be Monday and 5 business days would be Wednesday.

It is important to note that while the receiving bank may receive funds the same day they may not credit to your account on the day received.  We have no control over the delay imposed by the receiving bank.   

On the other hand we had a customer yesterday report having funds in his account and available for use less than two hours after making a sale with bank wire payout option.   That is the fastest we have seen, ever for a bank wire.  It is unfortunate but the fiat banking world is very often a black box.  We can see "our end" you can see your end but in between there is absolutely no transparency.  No "blockchain" equivalent.

If you would like specific details on your order please send us a PM or email (info@tangiblecryptography.com).
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August 16, 2012, 03:34:26 PM
 #217

Placed to orders yesterday one for same day transfer and one for ACH transfer still have not seen funds, any idea?

All bank wires which were pending went out yesterday and our sending bank reported no failures.  A normal ACH will take 3-5 business days to post.  There will be no advance notice before the funds are credited.   For an ACH submitted yesterday (Wed) three business days would be Monday and 5 business days would be Wednesday.

It is important to note that while the receiving bank may receive funds the same day they may not credit to your account on the day received.  We have no control over the delay imposed by the receiving bank.   

On the other hand we had a customer yesterday report having funds in his account and available for use less than two hours after making a sale with bank wire payout option.   That is the fastest we have seen, ever for a bank wire.  It is unfortunate but the fiat banking world is very often a black box.  We can see "our end" you can see your end but in between there is absolutely no transparency.  No "blockchain" equivalent.

If you would like specific details on your order please send us a PM or email (info@tangiblecryptography.com).

Thank you as always your service is great, just double checking cause I seen you funds were low Cheesy good for you bad for us.

TangibleCryptography (OP)
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August 16, 2012, 03:36:21 PM
 #218

                                       Funding Status (last updated 08/16/2012 11:30 EST)                        
Bank  Funds exhausted (no payout available)       Additional funds expected 08/17
PayPal  Funds high (max payout available)          
Dwolla  Funds exhausted (no payout available)       Additional funds expected 08/17
Moneybookers  Funds high (max payout available)          
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August 16, 2012, 05:33:15 PM
 #219

Are you able to offer a payout option to my existing netspend reloadable prepaid visa
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August 16, 2012, 05:34:56 PM
 #220

Are you able to offer a payout option to my existing netspend reloadable prepaid visa

Does netspend allows you to load it from ACH (Direct Deposit)?  If you login to your prepaid card's online account you may see an option for funding by ACH (Direct Deposit).  If you do we just need the routing #, account #, and bank name (may not be NetSpend).
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