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Topic: [ANN]BitQuick.co- Fastest method on the market of converting FIAT <--> BTC!! - page 5. (Read 43870 times)

legendary
Activity: 1022
Merit: 1005
Managed to resolve this query by speaking to the Seller myself. How did i get in touch with the seller? Its a secret Smiley.
Apparently he had got holds on all three BTC as he had lowered his price and i missed the bus.

Recently sold 0.16 BTC on this site and got a genuine buyer who transferred the money promptly. Customer service appears to be an area of concern for me, i have one pending hold because the seller had updated wrong information as their IFSC code. I had to check it myself and found that the Account specified was ICICI and the IFSC led me to a Canara Bank Account. I had to point out this issue to support who were totally unaware of this. They got in touch with the seller but it takes a very long time to communicate, which may lead to delays in getting good deals! The recent issue is still ongoing. Sad

In my opinion, good site for selling BTC but not for Buying.
newbie
Activity: 14
Merit: 0
Bump.

I'm curious if recent complaints have been addressed and resolved.  I'm interested in using this site in the near future, but would like some assurance that things are still working smoothly.  Feedback seems mostly positive but I've noticed that a few more negative reviews have popped up in the last couple weeks.  I hope things are still good because this site would be something I might put to use on a regular basis.
legendary
Activity: 1022
Merit: 1005
There appears to be something seriously wrong at your India arm. I placed a hold on an order for 1 BTC and was unable to process the payment as my Bank did not allow me to add the account as a NEFT beneficiary because the seller was using the same bank. Many emails back and forth and i finally had to add the seller using a cash deposit option (which incidentally was not an option when placing the trade!). I asked for the hold to be cancelled as the due date had passed, but was assured by bitquick support that i would still get the BTC as it was still held for me. Considering the already horror support i had received so far, asked them to cancel the hold and i would go ahead and place a fresh hold, this was promptly done. Now under the order number, the seller had 2 BTC for sale, my hold order took one of them into escrow (or so i thought!). Which means the order number still showed that the seller had 1 BTC. Now despite the hold being cancelled, the seller still had only 1 BTC shown! This started alarm bells ringing in my mind, wrote to support again, who acknowledged that there was an error and told me that there were 3 BTC under that order number available (don't know where the 3rd one came from). This morning, i check the site and that order number is un-available! Could it be that someone bought all 3 BTC? I highly doubt this as i myself saw that sale order dormant for a week, before i placed my hold on it.

Something appears to be amiss, i have also put up some BTC for sale on the website and despite being the lowest price available, no one seems to want to take it! I hope your website is not a scam!
legendary
Activity: 1022
Merit: 1005
Please check my problem i can't see my offer and have already funded the account. Blockchain shows 9 confirmations, how many more do you guys need?

the order number you gave me : 71482655
i have the modification pin. Please check and let me know.

I have a separate issue as well, i emailed support this afternoon and there was no response! I am unable to make payment to a seller because my bank account does not allow me to add him in NEFT, probably because we both use the same bank.

This is my first deal with bitquick.in and i am not impressed! Sad
hero member
Activity: 714
Merit: 500
NEED CRYPTO CODER? COIN DEVELOPER? PM US FOR HELP!
Please check my problem i can't see my offer and have already funded the account. I will update the thread once i'll get a solution on this !! Huh

the order number you gave me : 55266223
i have the modification pin and other ways to confirm it.

Why iam facing the same problem again anyways i have mailed you the same issue on your support mail but haven't heard from you guys lately Huh
legendary
Activity: 2394
Merit: 1216
The revolution will be digital
I would like to confirm something regarding your service...

Suppose A is selling 1 BTC and B is buying it at 500 USD. First A is depositing it to your wallet and then B is asked to pay A. B makes an online transfer to A and sends you the screenshot, but A denies receival of payment. Now how do you proceed ? B's screenshot may be photoshopped or A's claim may be vague. Will you transfer 1 BTC to B or return it to A ?

The bitcoin is in escrow with Bitquick.co. The question is, if the buyer provides a Photoshopped receipt, or the seller won't confirm that he has received the funds, how does Bitquick.co know when to release the bitcoin? Do they just hang on to it forever until the truth comes out in some wash? Or is there potential court litigation?

Smiley

Something of similar kind also takes place for online transactions on LocalBitcoins. Its not clear how they handle it too...
legendary
Activity: 3990
Merit: 1385
I would like to confirm something regarding your service...

Suppose A is selling 1 BTC and B is buying it at 500 USD. First A is depositing it to your wallet and then B is asked to pay A. B makes an online transfer to A and sends you the screenshot, but A denies receival of payment. Now how do you proceed ? B's screenshot may be photoshopped or A's claim may be vague. Will you transfer 1 BTC to B or return it to A ?

The bitcoin is in escrow with Bitquick.co. The question is, if the buyer provides a Photoshopped receipt, or the seller won't confirm that he has received the funds, how does Bitquick.co know when to release the bitcoin? Do they just hang on to it forever until the truth comes out in some wash? Or is there potential court litigation?

Smiley
legendary
Activity: 2394
Merit: 1216
The revolution will be digital
I would like to confirm something regarding your service...

Suppose A is selling 1 BTC and B is buying it at 500 USD. First A is depositing it to your wallet and then B is asked to pay A. B makes an online transfer to A and sends you the screenshot, but A denies receival of payment. Now how do you proceed ? B's screenshot may be photoshopped or A's claim may be vague. Will you transfer 1 BTC to B or return it to A ?
hero member
Activity: 714
Merit: 500
NEED CRYPTO CODER? COIN DEVELOPER? PM US FOR HELP!
Please check my problem i can't see my offer and have already funded the account. I will update the thread once i'll get a solution on this !!

the order number you gave me : 12827974
i have the modification pin and other ways to confirm it.

Proof of payment i made:
https://blockchain.info/address/1BitQC8iC4L62qBJPN19QthNp7e8bM4Lrh




EDIT: I CAN SEE MY ORDER LIVE THERE NOW. THANKS GREAT SUPPORT !!
hero member
Activity: 503
Merit: 500
Love the new site, looks good.
sr. member
Activity: 254
Merit: 250
BitQuick.co - Buy Bitcoin in 3 Hours, Guaranteed!
We wanted to make this more explicit, some people have been under the impression we are a source of anonymous Bitcoin buying and selling. That is not our intention.

Can I use you guys to launder money?

Not a chance. Any suspicious holds, especially larger transactions, may be subject to government issued photo identification. This is only subject to BitQuick.co discretion. Failure to present identification upon request can result in Bitcoin funds not being released.
sr. member
Activity: 254
Merit: 250
BitQuick.co - Buy Bitcoin in 3 Hours, Guaranteed!
Hey I'm a longtime lurker in the scene, and really have only used BTC just as a way to transfer money from overseas (where I'm working) back to the US (where I still have bills/IRA to fund).

I recently moved to Taiwan, and I'm sure you know how unfriendly it is to find a way to fund bitcoin here. When I was in Japan, I used MtGox because it's based in Japan, so I could tie my Japan Post account to it and fund it that way. Is there a way I can fund in Taiwan NT$ without being burned?

Yes! Actually Taiwan is one of the other countries we currently have operations in. Check us out at: https://www.bitquick.tw
legendary
Activity: 3990
Merit: 1385

Unfortunately BADecker, there are a bit too many hoops to hop through and a risk of overselling/things getting lost in the mail and so forth.

Another idea though, do you live near any Credit Unions? If you do, they are likely a part of CO-Op Shared Branch banking: http://www.co-opsharedbranch.org/

So you can deposit cash into any CU in the CO-OP Union (most credit unions are) in the nation practically if you have access to one of them!

Thank you for the info. I'll remember that about the credit unions.

Smiley

newbie
Activity: 1
Merit: 0
Hey I'm a longtime lurker in the scene, and really have only used BTC just as a way to transfer money from overseas (where I'm working) back to the US (where I still have bills/IRA to fund).

I recently moved to Taiwan, and I'm sure you know how unfriendly it is to find a way to fund bitcoin here. When I was in Japan, I used MtGox because it's based in Japan, so I could tie my Japan Post account to it and fund it that way. Is there a way I can fund in Taiwan NT$ without being burned?
sr. member
Activity: 254
Merit: 250
BitQuick.co - Buy Bitcoin in 3 Hours, Guaranteed!
Would be great if you could add a "mail to the bank" section for smaller banks.

Folks buying and selling bitcoins this way would have to agree that the price would be at the day the deposit made it into the account, or something similar. If you wanted to buy bitcoins from someone selling in the mail-in section, you would download a copy of the bank deposit slip the seller had uploaded to the site. You download, print out, and fill out the deposit slip. You mail the funds to the bank using the bank address provided by the seller.

Banking mail often receives top priority by the postal system, if they see that it is a bank by the address on the envelope. The agreement would be that the funds would buy bitcoins at the going rate of the time that the funds were entered into the account. The bitcoins, of course, would be frozen in escrow.

The best idea would be to send the funds with tracking so that all involved could view the location of the funds at anytime.

Well, just an idea. Details would have to be worked out, and it may not be practical at all.

Smiley



Unfortunately BADecker, there are a bit too many hoops to hop through and a risk of overselling/things getting lost in the mail and so forth.

Another idea though, do you live near any Credit Unions? If you do, they are likely a part of CO-Op Shared Branch banking: http://www.co-opsharedbranch.org/

So you can deposit cash into any CU in the CO-OP Union (most credit unions are) in the nation practically if you have access to one of them!
legendary
Activity: 3990
Merit: 1385
Would be great if you could add a "mail to the bank" section for smaller banks.

Folks buying and selling bitcoins this way would have to agree that the price would be at the day the deposit made it into the account, or something similar. If you wanted to buy bitcoins from someone selling in the mail-in section, you would download a copy of the bank deposit slip the seller had uploaded to the site. You download, print out, and fill out the deposit slip. You mail the funds to the bank using the bank address provided by the seller.

Banking mail often receives top priority by the postal system, if they see that it is a bank by the address on the envelope. The agreement would be that the funds would buy bitcoins at the going rate of the time that the funds were entered into the account. The bitcoins, of course, would be frozen in escrow.

The best idea would be to send the funds with tracking so that all involved could view the location of the funds at anytime.

Well, just an idea. Details would have to be worked out, and it may not be practical at all.

Smiley

hero member
Activity: 924
Merit: 1000
Would be great if you could add the following currencies:

Quark
Digibyte
COYE

Thanks,
YC
sr. member
Activity: 254
Merit: 250
BitQuick.co - Buy Bitcoin in 3 Hours, Guaranteed!
Greetings all,

I just sold some coin, very cool and smooth process.  Must admit was a bit spooked by the first time thing...

The question I have is after the buyer has deposited proceeds/funded the purchase, can I as the seller immediately confirm the receipt of funds to expedite the transaction processing for the seller ~to help speed receipt of their coin?

Yes, you can by responding to the hold notification email once you receive funds!
newbie
Activity: 40
Merit: 0
Greetings all,

I just sold some coin, very cool and smooth process.  Must admit was a bit spooked by the first time thing...

The question I have is after the buyer has deposited proceeds/funded the purchase, can I as the seller immediately confirm the receipt of funds to expedite the transaction processing for the seller ~to help speed receipt of their coin?
sr. member
Activity: 254
Merit: 250
BitQuick.co - Buy Bitcoin in 3 Hours, Guaranteed!
From the Bitquick website:

...as a buyer?

1. Select an order from the current order book, enter your email and Bitcoin address and submit.

2. Pay the described sum to the account shown on the confirmation page by going to any local branch of the sellers bank and filling out a deposit form with cash, making an ATM deposit, or sending a bank transfer.

3. Email the receipt to [email protected].

We send you the coins typically within 1 hour of the funds being confirmed by the seller.


-----------------------------------------------

It's quite clear that the bitcoins are not sent until after the seller confirms the funds.  So the seller simply lies, and thousands of dollars are gone for good into the "sellers" account.   The deposit receipt is meaningless in this model as nothing appears to be sent until confirmed by the seller. No reason to even mess with scanning and emailing a receipt if it doesn't work as proof of funding. It's all based on the ethics of the anonymous sellers.

No, we'd ask for some photo identification and we can also talk to the banks directly. It's not as simple as you are painting it out to be. Which is why it has never been done.

There is simply too much at risk for a seller to attempt a scam in that manner too. If they're ousted, they have all their Bitcoins in BitQuick's control. The seller can lose real money by attempting to defraud a buyer. On the other hand, when a buyer attempts to defraud a seller, they have no collateral. Nothing at risk.

Once again, you are explaining a situation that has never been attempted in almost 6 months of operation.

You are really over simplifying the business model and the process our staff uses to process orders. We are not going to reveal every step of how we verify the authenticity of a transaction for security purposes, but we are far from being negligent about it.

Why don't you just give us a shot and see how your experience goes? We have not had 1 disappointed customer. And when you look at all the customer service issues other Bitcoin exchanges are having, that is quite impressive.

You're not going to find another exchange that actually cares more about making each and every one of its customers happy more than us.
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