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.
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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.