Topic: 1st Bitcoin Gift card :) - page 6. (Read 25666 times)
You buy the card at $100. Or $109 from that first reseller. You get 10 bitcoins when you redeem it.
Let us say that I'm buying a 100 dollar card and will redeem it when bitcoin is trading at 10 dollars. How much do I pay when buying the card and how many bitcoins do I get when I redeem?
question...
1) how do you plan on dealing with fraud, i see you pass on that problem to your re-sellers, is it something they are aware of?
2) if i buy the 100$ card today, and redeem it 10 days from now ( lets say bitcoin droped to 50$ by then ) would i get 2 bitcoin - some FEE??
1) how do you plan on dealing with fraud, i see you pass on that problem to your re-sellers, is it something they are aware of?
2) if i buy the 100$ card today, and redeem it 10 days from now ( lets say bitcoin droped to 50$ by then ) would i get 2 bitcoin - some FEE??
I hope that resellers are aware that they are selling a stored-value card that once redeemed cannot be revoked.
I would also like to know if there is a conversion fee upon redeeming the card. The 2.99 fee is actually competitive to doing moneypak trades with individuals, so i'm hoping that there is no other fees.
^^ In other words, don't sell for $$ and send/sell Bitcoins in exchange. We are back to square one when it comes to buying bitcoins! as clearly this won't work
^^I mean don't get me wrong this is great for scammers and the fraudsters! they will rape you for everything you got!
ABC News is reporting WalMart's already selling Bitcoin cards. WTF? Are these them?
LOL, more than likely the reporter just got BitInstant's method of buying Bitcoins mixed up with But seriously, they should consider it. All one would have to do is point to the thousands (perhaps tens of thousands) of users still waiting to buy Bitcoins through BitInstant, MtGox, Coinbase, etc. It is almost impossible to buy Bitcoins right now for someone just now getting in...
inquiries are sent to exchanges and coinbase...I wonder which ones will reply. It could be so easy to load your wallet with giftcoins...if no positive feedback we will have to make our own wallet then
question...
1) how do you plan on dealing with fraud, i see you pass on that problem to your re-sellers, is it something they are aware of?
2) if i buy the 100$ card today, and redeem it 10 days from now ( lets say bitcoin droped to 50$ by then ) would i get 2 bitcoin - some FEE??
1) how do you plan on dealing with fraud, i see you pass on that problem to your re-sellers, is it something they are aware of?
2) if i buy the 100$ card today, and redeem it 10 days from now ( lets say bitcoin droped to 50$ by then ) would i get 2 bitcoin - some FEE??
I hope that resellers are aware that they are selling a stored-value card that once redeemed cannot be revoked.
I would also like to know if there is a conversion fee upon redeeming the card. The 2.99 fee is actually competitive to doing moneypak trades with individuals, so i'm hoping that there is no other fees.
^^ In other words, don't sell for $$ and send/sell Bitcoins in exchange. We are back to square one when it comes to buying bitcoins! as clearly this won't work
^^I mean don't get me wrong this is great for scammers and the fraudsters! they will rape you for everything you got!
ABC News is reporting WalMart's already selling Bitcoin cards. WTF? Are these them?
LOL, more than likely the reporter just got BitInstant's method of buying Bitcoins mixed up with But seriously, they should consider it. All one would have to do is point to the thousands (perhaps tens of thousands) of users still waiting to buy Bitcoins through BitInstant, MtGox, Coinbase, etc. It is almost impossible to buy Bitcoins right now for someone just now getting in...
Anybody not on Localbitcoins already needs to get listed, pronto. There should be at least 1 user within 1 hour driving distance, everywhere.
question...
1) how do you plan on dealing with fraud, i see you pass on that problem to your re-sellers, is it something they are aware of?
2) if i buy the 100$ card today, and redeem it 10 days from now ( lets say bitcoin droped to 50$ by then ) would i get 2 bitcoin - some FEE??
1) how do you plan on dealing with fraud, i see you pass on that problem to your re-sellers, is it something they are aware of?
2) if i buy the 100$ card today, and redeem it 10 days from now ( lets say bitcoin droped to 50$ by then ) would i get 2 bitcoin - some FEE??
I hope that resellers are aware that they are selling a stored-value card that once redeemed cannot be revoked.
I would also like to know if there is a conversion fee upon redeeming the card. The 2.99 fee is actually competitive to doing moneypak trades with individuals, so i'm hoping that there is no other fees.
^^ In other words, don't sell for $$ and send/sell Bitcoins in exchange. We are back to square one when it comes to buying bitcoins! as clearly this won't work
^^I mean don't get me wrong this is great for scammers and the fraudsters! they will rape you for everything you got!
ABC News is reporting WalMart's already selling Bitcoin cards. WTF? Are these them?
LOL, more than likely the reporter just got BitInstant's method of buying Bitcoins mixed up with But seriously, they should consider it. All one would have to do is point to the thousands (perhaps tens of thousands) of users still waiting to buy Bitcoins through BitInstant, MtGox, Coinbase, etc. It is almost impossible to buy Bitcoins right now for someone just now getting in...
I want to resell them. But I will only accept cash, locally. But my volume is going to be small. And I will have a computer station on standby with internet access so that people can redeem their bitcoins on the spot (or I do it for them.)
They pay me cash, they get bitcoins, plus I get all the fees in between. I can even do this part time. I sent an email, hopefully they don't disregard small time resellers.
They pay me cash, they get bitcoins, plus I get all the fees in between. I can even do this part time. I sent an email, hopefully they don't disregard small time resellers.
Works perfect for a local transactions and accepting cash def. I was just pointing out some poor soul is going to set up a website and have people buy these in exchange/scammed for bitcoin over the internet and the OP sounds perfectly fine with it because they say the "seller" knows the risks. And don't worry they will reply to your PM they did with mine.
Have some faith, dont be so pessimistic
What rate or exchange do you use at the time of redemption? Mt Gox? BitFloor? Also, what exact parameters? Is it like, ask price, bid price, spot price, last price, volume weighted?
Who are the current resellers now?
I think this is one way to buy bitcoins using credit cards world wide.
Who are the current resellers now?
I think this is one way to buy bitcoins using credit cards world wide.
we are using bitstamp, we looked at mtgox but bitstamp is simple better for as as a whole package. We use last price at the time of redeem minus fees that apply.
I want to resell them. But I will only accept cash, locally. But my volume is going to be small. And I will have a computer station on standby with internet access so that people can redeem their bitcoins on the spot (or I do it for them.)
They pay me cash, they get bitcoins, plus I get all the fees in between. I can even do this part time. I sent an email, hopefully they don't disregard small time resellers.
They pay me cash, they get bitcoins, plus I get all the fees in between. I can even do this part time. I sent an email, hopefully they don't disregard small time resellers.
Works perfect for a local transactions and accepting cash def. I was just pointing out some poor soul is going to set up a website and have people buy these in exchange/scammed for bitcoin over the internet and the OP sounds perfectly fine with it because they say the "seller" knows the risks. And don't worry they will reply to your PM they did with mine.
I want to resell them. But I will only accept cash, locally. But my volume is going to be small. And I will have a computer station on standby with internet access so that people can redeem their bitcoins on the spot (or I do it for them.)
They pay me cash, they get bitcoins, plus I get all the fees in between. I can even do this part time. I sent an email, hopefully they don't disregard small time resellers.
They pay me cash, they get bitcoins, plus I get all the fees in between. I can even do this part time. I sent an email, hopefully they don't disregard small time resellers.
ABC News is reporting WalMart's already selling Bitcoin cards. WTF? Are these them?
Strange stuff lol
ABC News is reporting WalMart's already selling Bitcoin cards. WTF? Are these them?
Quote
Who are the current resellers now?
Nobody accept the company mentioned in the post. Anyone who doesn't have a ton of money to compensate for chargebacks ( or is taking bitcoin only orders) will take this up.Quote
I think this is one way to buy bitcoins using credit cards world wide.
Read above. question...
1) how do you plan on dealing with fraud, i see you pass on that problem to your re-sellers, is it something they are aware of?
2) if i buy the 100$ card today, and redeem it 10 days from now ( lets say bitcoin droped to 50$ by then ) would i get 2 bitcoin - some FEE??
1) how do you plan on dealing with fraud, i see you pass on that problem to your re-sellers, is it something they are aware of?
2) if i buy the 100$ card today, and redeem it 10 days from now ( lets say bitcoin droped to 50$ by then ) would i get 2 bitcoin - some FEE??
I hope that resellers are aware that they are selling a stored-value card that once redeemed cannot be revoked.
I would also like to know if there is a conversion fee upon redeeming the card. The 2.99 fee is actually competitive to doing moneypak trades with individuals, so i'm hoping that there is no other fees.
^^ In other words, don't sell for $$ and send/sell Bitcoins in exchange. We are back to square one when it comes to buying bitcoin! as clearly this won't work
^^Well, I thought this would be a more of a gift to friends/family then buy from a**holes on the Internet sort of thing
What rate or exchange do you use at the time of redemption? Mt Gox? BitFloor? Also, what exact parameters? Is it like, ask price, bid price, spot price, last price, volume weighted?
Who are the current resellers now?
I think this is one way to buy bitcoins using credit cards world wide.
Who are the current resellers now?
I think this is one way to buy bitcoins using credit cards world wide.
question...
1) how do you plan on dealing with fraud, i see you pass on that problem to your re-sellers, is it something they are aware of?
2) if i buy the 100$ card today, and redeem it 10 days from now ( lets say bitcoin droped to 50$ by then ) would i get 2 bitcoin - some FEE??
1) how do you plan on dealing with fraud, i see you pass on that problem to your re-sellers, is it something they are aware of?
2) if i buy the 100$ card today, and redeem it 10 days from now ( lets say bitcoin droped to 50$ by then ) would i get 2 bitcoin - some FEE??
I hope that resellers are aware that they are selling a stored-value card that once redeemed cannot be revoked.
I would also like to know if there is a conversion fee upon redeeming the card. The 2.99 fee is actually competitive to doing moneypak trades with individuals, so i'm hoping that there is no other fees.
^^ In other words, don't sell for $$ and send/sell Bitcoins in exchange. We are back to square one when it comes to buying bitcoin! as clearly this won't work
^^Well, I thought this would be a more of a gift to friends/family then buy from a**holes on the Internet sort of thing
question...
1) how do you plan on dealing with fraud, i see you pass on that problem to your re-sellers, is it something they are aware of?
2) if i buy the 100$ card today, and redeem it 10 days from now ( lets say bitcoin droped to 50$ by then ) would i get 2 bitcoin - some FEE??
1) how do you plan on dealing with fraud, i see you pass on that problem to your re-sellers, is it something they are aware of?
2) if i buy the 100$ card today, and redeem it 10 days from now ( lets say bitcoin droped to 50$ by then ) would i get 2 bitcoin - some FEE??
I hope that resellers are aware that they are selling a stored-value card that once redeemed cannot be revoked.
I would also like to know if there is a conversion fee upon redeeming the card. The 2.99 fee is actually competitive to doing moneypak trades with individuals, so i'm hoping that there is no other fees.
^^ In other words, don't sell for $$ and send/sell Bitcoins in exchange. We are back to square one when it comes to buying bitcoins! as clearly this won't work
^^I mean don't get me wrong this is great for scammers and the fraudsters! they will rape you for everything you got!
And what about VAT?
what about it? Please be more specific
question...
1) how do you plan on dealing with fraud, i see you pass on that problem to your re-sellers, is it something they are aware of?
2) if i buy the 100$ card today, and redeem it 10 days from now ( lets say bitcoin droped to 50$ by then ) would i get 2 bitcoin - some FEE??
1) how do you plan on dealing with fraud, i see you pass on that problem to your re-sellers, is it something they are aware of?
2) if i buy the 100$ card today, and redeem it 10 days from now ( lets say bitcoin droped to 50$ by then ) would i get 2 bitcoin - some FEE??
resellers are aware of the risk, there is always a risk when selling something
card is always worth $100 at the time of redeeming, redeem today and you wil get 1.4BTC, redeem in a 2 months if bitcoin is worth$200 and you would get 0.5BTC.. % of card value is always deducted so same profit is always paid to resellers and us providing this service
And what about VAT?
A lot of places that sell "gift cards" only accept cash (and sometimes debit). I hope and assume that stores selling physical versions of these will be taking such precautions. Especially early resellers/venders.
So, the physical ones don't have the security measures in place like the similar "gift cards" you see at walmart and such? They're just a redeem code on a card?
sure there is physical one as well, just jagoo doesn't sell those I can send them to anyone just shipping will take some time, not fast option at all
I can send them to anyone just shipping will take some time, not fast option at allSo, the physical ones don't have the security measures in place like the similar "gift cards" you see at walmart and such? They're just a redeem code on a card?
security measures, well code on the back is protected by the scratch off foil and those cards have to be activated first, otherwise if you "get" cards that are not activated they will be just nice cards without any value, not possible to redeem
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