Do you know one of the famous exchange from United states called coinbase.com they have about 4-6 millions $ turnover daily , they using paypal too for exchange bitcoins, so for me if you could buy fargocoins via Bank wire into USA and Visa Mastercard for me its a trust able and this is FACT. Second i know ONLY few coins where you can buy direct via Visa.
BTCe did in late 2013 and on my second transfer cashing out i got nailed hard.
a 2.5 month long investigation was started and they put me through hell.
I have heard since mid 2013 roughly that it's a matter of doing it and hoping you don't get caught.
Because users do show up and say they are not caught yet.. assuming it's fine then.
A LOT of people do it and you do not hear about the losers.
I dealt with traders here using this forum to run a Paypal conversion business.
One of them admitted to me he head been caught many times before and all he does is make new accounts and abandon his account funds.
I negged him for that and the rest of the story and he didn't like that one bit.
Problem was he admitted it all and knew damn well what he was doing was deceitful.
hence the untrustworthy rating.
What you think BTCe had no idea it was a problem when i did it way back ?
They have to have an account to send to me right ?
How many had they gone through ?
Have a look at the market section here.. half the forum is doing it.
A user posted their email from Paypal long before i got mine.. word for word.
So what ?
Well, when i had my account locked my transfers were frozen.
in that other guys case he simply abandoned his money.. who's ? his ? yours ?
..get it yet ?
it blows my bloody mind how staff permit the activity here knowing it is a clear TOS violation.
AND how it will of course result in a lot of user getting ripped off.
AND no not just from the sticky theymos posted about charge-backs (the least of your worries)
No idea if VISA allows crypto stuff.. i bet they frown on it if i had to guess.
