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Topic: Buy bitcoins using Google Checkout - btcnow.net - page 3. (Read 7503 times)

legendary
Activity: 1764
Merit: 1015
I think everyone would do this if scammers didn't catch on. But oh they WILL lol Cheesy. He is making a heavy premium on them though.
newbie
Activity: 31
Merit: 0
$18 is very pricey for a bitcoin, that's almost double the price of a bitcoin and will definitely cover chargebacks. I'm willing to wait a few days though and trade at $11 instead. You could also offer advertising space to cover chargeback costs.

Google made a video on how they handle chargebacks. Which is available http://www.youtube.com/watch?v=cDcoIgwhFI8
sr. member
Activity: 269
Merit: 250
Im sure there is a very obvious reason, but here goes anyway: Why do TradeHill and MtGox (and the rest) dont use GoogleCheckout if it works for this guy?

Because Google Checkout allows chargebacks. This guy won't be in business long before the scammers hit it and chargebacks come back in a fury. At that point Google will shut down his account and he will be stuck with a big bill. Buy your bitcoins while you can but don't be the last guy in line... Embarrassed

and since G checkout is connected to a bank account, all chargebacks and fees associated with them will be drawn from their bank account.

There is a reason why methods allowing reversal are not used with bitcoins.

I think operator does know about chargebacks, he mentioned that Google has program against chargebacks and that it only applies to tangible shipped goods. Is it possible that he figured out how to minimize damage and have the business running?
legendary
Activity: 1050
Merit: 1000
Im sure there is a very obvious reason, but here goes anyway: Why do TradeHill and MtGox (and the rest) dont use GoogleCheckout if it works for this guy?

Because Google Checkout allows chargebacks. This guy won't be in business long before the scammers hit it and chargebacks come back in a fury. At that point Google will shut down his account and he will be stuck with a big bill. Buy your bitcoins while you can but don't be the last guy in line... Embarrassed

and since G checkout is connected to a bank account, all chargebacks and fees associated with them will be drawn from their bank account.

There is a reason why methods allowing reversal are not used with bitcoins.
hero member
Activity: 602
Merit: 502
I just bought 1 coin, paid with [...], and received my coin within a minute!! [not days!?!]

Now this is really unusual in the bitcoin world  Cool

Let's wait and see what happens when someone claims a chargeback.
hero member
Activity: 523
Merit: 500
Probably beacuse its against their TOS.
hero member
Activity: 836
Merit: 1007
"How do you eat an elephant? One bit at a time..."
Im sure there is a very obvious reason, but here goes anyway: Why do TradeHill and MtGox (and the rest) dont use GoogleCheckout if it works for this guy?

Because Google Checkout allows chargebacks. This guy won't be in business long before the scammers hit it and chargebacks come back in a fury. At that point Google will shut down his account and he will be stuck with a big bill. Buy your bitcoins while you can but don't be the last guy in line... Embarrassed
legendary
Activity: 1148
Merit: 1001
Radix-The Decentralized Finance Protocol
Im sure there is a very obvious reason, but here goes anyway: Why do TradeHill and MtGox (and the rest) dont use GoogleCheckout if it works for this guy?
sr. member
Activity: 1246
Merit: 274
that looks pretty cool... esp. if/when "pricing drops to more competitive levels".  Now I just need to figure out how to sell them that way myself. Wink
aq
full member
Activity: 238
Merit: 100
I just bought 1 coin, paid with Google Checkout, and received my coin within a minute!! Got an order confirmation email and a btc sent email also. Happy customer!

That was faster than buying a hamburger.

Just bought one as a test too. Literally within 2 seconds after pressing the confirm button, the coin showed up in my wallet and then I got the emails. Very nice service, albeit not the cheapest one.
sr. member
Activity: 420
Merit: 250

Now, what is really baking my noodle is how it all worked without me entering my credit card numbers. I must have done a purchase using google checkout before. However, I don't remember this :-)


google knows all! :O
legendary
Activity: 1008
Merit: 1023
Democracy is the original 51% attack
I just bought 1 coin, paid with Google Checkout, and received my coin within a minute!! Got an order confirmation email and a btc sent email also. Happy customer!

That was faster than buying a hamburger.
Jan
legendary
Activity: 1043
Merit: 1002
Has anyone tried it? It's a little expensive, but it sounds like a good way to quickly buy bitcoins. There's a reddit thread.

http://www.btcnow.net/

Just ordered 1 BTC through btcnow.net. I'll keep you posted

Got 2 confirmation emails:

1. "Order recepit" from Google Checkout
2. "coins sent" from [email protected]


Got my first confirmation. My 1 BTC is safe.


Now, what is really baking my noodle is how it all worked without me entering my credit card numbers. I must have done a purchase using google checkout before. However, I don't remember this :-)
Jan
legendary
Activity: 1043
Merit: 1002
Has anyone tried it? It's a little expensive, but it sounds like a good way to quickly buy bitcoins. There's a reddit thread.

http://www.btcnow.net/

Just ordered 1 BTC through btcnow.net. I'll keep you posted

Got 2 confirmation emails:

1. "Order recepit" from Google Checkout
2. "coins sent" from [email protected]


Got my first confirmation. My 1 BTC is safe.
Jan
legendary
Activity: 1043
Merit: 1002
Has anyone tried it? It's a little expensive, but it sounds like a good way to quickly buy bitcoins. There's a reddit thread.

http://www.btcnow.net/

Just ordered 1 BTC through btcnow.net. I'll keep you posted

Got 2 confirmation emails:

1. "Order recepit" from Google Checkout
2. "coins sent" from [email protected]
Jan
legendary
Activity: 1043
Merit: 1002
Has anyone tried it? It's a little expensive, but it sounds like a good way to quickly buy bitcoins. There's a reddit thread.

http://www.btcnow.net/

Just ordered 1 BTC through btcnow.net. I'll keep you posted
full member
Activity: 237
Merit: 100
Quote
Order Details - btcnow.net, 1234 Fake St., Portland, OR 97201 US

sounds legit
hero member
Activity: 602
Merit: 502
Has anyone tried it? It's a little expensive, but it sounds like a good way to quickly buy bitcoins. There's a reddit thread.

http://www.btcnow.net/
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