Author

Topic: Buying Bitcoins with Debit Card (Read 6256 times)

newbie
Activity: 6
Merit: 0
September 18, 2012, 03:13:59 PM
#10
Yah the charge back risk is very high.
Unfortunately true,  blocks many ways to buy bitcoins...
Paypal, debit, credit card...

It comes down to a decision about who you trust more. The Buyer or the Seller...

not an easy question to answer.
newbie
Activity: 21
Merit: 0
September 18, 2012, 01:57:08 PM
#9
With decentralization, anonymity isn't a very big deal. I don't care if any business knows I buy BTC. I only care that I can move money between nations effortlessly and quickly.
legendary
Activity: 1540
Merit: 1029
September 18, 2012, 01:55:00 PM
#8
Yah the charge back risk is very high.
legendary
Activity: 1008
Merit: 1023
Democracy is the original 51% attack
September 18, 2012, 12:36:44 PM
#7
Yeah I don't think you really get how bitcoin works yet.  Undecided Debit card acceptance would ruin the whole anonymity deal.

The reason you can't buy Bitcoin with debit/credit card is not due to anonymity issues. Many people don't care about anonymity.

The reason is that debit/credit cards can be charged back - the payment can be reversed even months later. Thus the person selling BTC will lose his money and be driven out of business.

The first person who figures out a way to solve this problem - to accept debit/credit cards as payment for BTC without being scammed - will make millions (and it'll happen, I assure you).
member
Activity: 104
Merit: 100
September 18, 2012, 12:02:42 PM
#6
You can buy them from Memorydealers: https://memorydealers.com/hardware/bitcoin-equipment.html

Looks like they are out of stock at the moment.
legendary
Activity: 1148
Merit: 1008
If you want to walk on water, get out of the boat
September 18, 2012, 11:46:57 AM
#5
Anonimity is a concern only for few ppl

Most people have no problem with not being anonymous. And anonimity is not related to why no one sell BTC for debit card. As i said the problem are chargebacks. Same reason why no one sell BTC for paypal (or, if they do, they quickly stop  Cheesy)
newbie
Activity: 6
Merit: 0
September 18, 2012, 11:06:30 AM
#4
Yeah I don't think you really get how bitcoin works yet.  Undecided Debit card acceptance would ruin the whole anonymity deal.
newbie
Activity: 28
Merit: 0
September 18, 2012, 09:37:26 AM
#3
ohhhhhhh, i seeeee now.
legendary
Activity: 1148
Merit: 1008
If you want to walk on water, get out of the boat
September 18, 2012, 09:34:46 AM
#2
As far as i know, almost no one because of the risk of chargeback. Aka a scammer buy btc and then chargeback the transaction. So he get btc and $$$.
newbie
Activity: 28
Merit: 0
September 18, 2012, 09:21:21 AM
#1
Are there any reputable sites that'll allow you to use a debit card to buy BTC?
Sorry if this is the wrong place for this question....
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