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Topic: FastCash4Bitcoins Support Thread - page 3. (Read 94604 times)

full member
Activity: 154
Merit: 100
welcome to riches
May 29, 2013, 04:33:05 AM
I have no idea how they made any business, they should be paying us to accept paypal and checks and not 4% in their favor. Regardless, I don't know how they maintained a paypal account at all.
hero member
Activity: 609
Merit: 501
peace
May 29, 2013, 04:29:35 AM
yes, it's dead ...

Hmm...maybe ViceRoy reported them lol.  Anyway, I hope it's temporary.  Given the timing with the LR arrests, I fear it isn't temporary.

I thought there would be one of those FBI/DHS images on libertyreserve.com but it's just down...
Breathe deeply and we shall see in time.
sr. member
Activity: 798
Merit: 251
May 29, 2013, 04:20:14 AM
yes, it's dead ...

Hmm...maybe ViceRoy reported them lol.  Anyway, I hope it's temporary.  Given the timing with the LR arrests, I fear it isn't temporary.  Their server isn't just down - the info necessary to access the site has been pulled from their DNS servers.  Could be that their DNS server just happens to be down, but I doubt it.  http://www.whatsmydns.net/#A/fastcash4bitcoins.com

Not a good sign.
hero member
Activity: 609
Merit: 501
peace
May 29, 2013, 02:51:27 AM
site is down for me
legendary
Activity: 1890
Merit: 1003
May 28, 2013, 05:32:10 PM
Paypal Funds are dry again.

From what State (or Country) are the Company Checks mailed from?
hero member
Activity: 732
Merit: 500
Nosce te Ipsum
May 28, 2013, 03:09:54 PM
NM, payment received!

Thanks!
sr. member
Activity: 476
Merit: 250
Tangible Cryptography LLC
May 28, 2013, 02:30:24 PM
Hi, on your site homepage  , Paypal fee are annonced at 1%
++++
PayPal

Minimum Sale: $20
Maximum Sale: $6,000
Processing Fee: 1% of sale amount

++++


...but in fact it's 2%...

Sorry about that.  Fixed.
sr. member
Activity: 476
Merit: 250
Tangible Cryptography LLC
May 28, 2013, 11:57:50 AM
Update:
Check & PayPal funds available.
Still waiting on Dwolla.
sr. member
Activity: 476
Merit: 250
Tangible Cryptography LLC
May 28, 2013, 11:42:56 AM
Would it be possible to remove my name and address from your records after conducting a transaction with you?
Sorry if you already answered, maybe just link to the post where it is discussed.

No.  Any legitimate business is required to maintain records if for nothing more than internal accounting.  We pay taxes on our profits and the "proof" on our profitability comes from accurate books.  No company can both retain accurate books and delete records.  On advice of counsel we retain records of all transactions for five years.
member
Activity: 112
Merit: 10
Ride or Die
May 28, 2013, 11:35:27 AM
Would it be possible to remove my name and address from your records after conducting a transaction with you?
Sorry if you already answered, maybe just link to the post where it is discussed.

Edit: Just to clarify, are there any reputable services that don't retain records and/or turn them over to the US for sending me USD for my BTC? Maybe like a Canadian or Mexican company?
Please PM me links instead of spamming this thread, I need cash but don't want to support the US welfare/warfare state directly.
hero member
Activity: 924
Merit: 501
May 25, 2013, 05:32:48 PM
I don't know, is anyone running a licensed business around here?  And if that is me, it should be a blunt... not a cigar.  I gave up tobacco.
legendary
Activity: 3038
Merit: 1032
RIP Mommy
May 25, 2013, 05:31:46 PM
Is there no thread Viceroy deems unfit to CRAP ALL OVER?

sr. member
Activity: 476
Merit: 250
Tangible Cryptography LLC
May 25, 2013, 02:33:59 PM
Back on topic. 

We are out of funds on all payment options.  All existing purchases have been paid.  If you believe that isn't the case shoot me an email at [email protected]
None of our funding accounts post deposits on weekends or banking holidays.  This means we will not have more funds until Tuesday 05/28.  Have a happy long weekend everyone no need to madly hit F5 all weekend long.  We will have minimal support available this weekend but that shouldn't present a problem.

sr. member
Activity: 746
Merit: 253
May 25, 2013, 01:57:59 PM
That's a rather different situation as LR was dollars in, dollars out, and more importantly to third parties.  That activity does arguably fall under money transmitter laws.

Per my post TC is doing the EXACT same thing.


No, TC is doing something quite different.  With Liberty Reserve, dollars were sent from one party to another, while in the possession of Liberty Reserve.  Tangible Cryptography does not do this.

Tangible Cryptography exchanges bitcoins for dollars and vice versa, but does not make payments to third parties.  If you trade with Tangible Cryptography, and then sometime later you send dollars or bitcoins to a third party, your dealings with that party are entirely your responsibility and TC has no part in that transaction.
hero member
Activity: 924
Merit: 501
May 25, 2013, 01:57:03 PM
That's the first I've seen such.  My "kudo's to you" was ONLY regarding their licenses.
sr. member
Activity: 798
Merit: 251
May 25, 2013, 01:47:01 PM
Federal law does NOT regulate the individual buying and selling of bitcoin.  It's clear that you don't know the law, I agree.

Look of the definition of Sole Proprietor in ANY state.

To your further snotty comment, perhaps you should actually read my posts.  I call out scammers regularly.  In this case I'm warning the world of the dangers of dealing with non-licensed money transmitters like yourself.  I stated publicly that ALL non-licensed entities like your will soon be shut down... seeking that post now...


In my search I came across this EXCITING NEWS:

https://bitcointalksearch.org/topic/2013-05-21-bitcoin-magazine-bitinstant-licensed-money-transmitter-in-30-states-214056

Look, somebody who actually follows the law KUDO'S BITINSTANT!



Kudos to Bitinstant?  You must be joking.  You realize that they are effectively a ponzi scheme, correct?

https://bitcointalk.org/index.php?topic=128314.1060 - Their 352 page "support" thread detailing massive delays that has only calmed down because they started telling people that they must deal with the company via email in order to receive any assistance at all

https://bitcointalksearch.org/topic/m.2228559 - Something I found, they are actually purposely scrambling API client fields so that any user of the API would have every transaction infinitely delayed while they "hold" the money (pay this money out to other unfunded transactions, because they have a massive hole in their books).  I was told that this issue had been forwarded to Gareth.  No response, no fix after almost a week (because they are doing it on purpose).

So don't come in here and try to defame legitimate companies in favor of those giving Bitcoin a bad name with your jailhouse lawyer nonsense.  FC4BTC, like you, buys Bitcoins.  Unlike you, they have lawyers that have given them the green light.  You actually posted in here saying 'If I were a betting man I would bet that lawyers said "you had better register as a money transmitter" and D&T said "naw, I like the money I'm making and that would cost millions".'.  I'm sorry, but your guesses about the interactions between a lawyer and a private company that you have nothing to do with are not a basis for argument.

You are trying to steal business from a company that is undoubtedly infinitely more successful than you.  You want to make money in arbitrage, but there are much easier ways to do so than spamming people via PM asking if they want to sell you BTC.  If I were a betting man, I would bet that you have spammed via PM every single person that has posted in this thread saying that they have completed a transaction with FC4BTC, asking if they want to sell to you - based at least in part on your dubious legal theories.  Try to scare their customers, and get them to sell to you.  Nice strategy, but based on the level of desperation I see in your posts, I'm guessing that it isn't working especially well.
hero member
Activity: 924
Merit: 501
May 25, 2013, 01:43:07 PM
That's a rather different situation as LR was dollars in, dollars out, and more importantly to third parties.  That activity does arguably fall under money transmitter laws.

Per my post TC is doing the EXACT same thing.
sr. member
Activity: 746
Merit: 253
May 25, 2013, 01:41:22 PM
NO they are not, see what happened to Liberty Reserve here:

That's a rather different situation as LR was dollars in, dollars out, and more importantly to third parties.  That activity does arguably fall under money transmitter laws.
hero member
Activity: 924
Merit: 501
May 25, 2013, 12:58:59 PM
What difference does it make?  They are allowed to both buy and sell.

NO they are not, see what happened to Liberty Reserve here:

https://bitcointalksearch.org/topic/m.2267622
sr. member
Activity: 746
Merit: 253
May 25, 2013, 12:51:06 PM
If I were a betting man I would bet that lawyers said "you had better register as a money transmitter" and D&T said "naw, I like the money I'm making and that would cost millions".

My understanding is that lawyers advised that, and that was not D&T's response.  While Tangible Cryptography is arguably not a money transmitter, they have registered anyway out of an abundance of caution.


Money sent as part of a purchase or sale is not considered money transmission under federal regulations. 

While that may be true, D&T is on BOTH sides of the equation as I clearly demonstrate in the link.

What difference does it make?  They are allowed to both buy and sell.
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