I want to buy bitcoins with credit card?

mufa23

legendary

Activity: 1022

Merit: 1001

I'd fight Gandhi.

http://blog.coinbase.com/post/63786480045/credit-cards-can-now-be-added-as-a-backup-payment :

Quote

Today we’re rolling out a change that will require a backup credit card to be added to your account before Instant purchases are enabled. We’re excited about accepting credit cards at Coinbase because it will allow us to implement some pretty awesome things down the road, including higher Instant Buy limits.

Quote

Right now credit cards can only be used as a backup payment method - they can’t be used to buy bitcoin directly.

Not quite "buying Bitcoins with credit cards", but pretty close to the same thing. Sounds like there is a bit of registration, proving identity, and having other banking information on file.

And I assume "Right now", implies they will be allowing you to directly purchase Bitcoins sometime in the future. But I am just speculating...

mufa23

legendary

Activity: 1022

Merit: 1001

I'd fight Gandhi.

Quote from: DeathAndTaxes on December 10, 2013, 12:22:21 PM

Quote from: mufa23 on December 10, 2013, 10:49:39 AM

I think Coinbase allows you to purchase Bitcoin with a card.

Where do people get these silly ideas. For the record neither exchange allows deposits by credit card. Credit cards are reversible so anyone selling Bitcoins for CC funds is taking a huge (as in eventually will be bankrupt) risk.

Pff... I didn't believe it either. My friend told me he was buying them off Coinbase via his credit card. (told me they would allow his bank's debit card though).

I am seriously not trolling. Could have sworn it was Coinbase.

But on a side note, I know you can buy SLLs (I think that's the name? It's the Second Life game's currency), and trade those for BTC at VirWox.

DeathAndTaxes

donator

Activity: 1218

Merit: 1079

Gerald Davis

Quote from: sushi on November 06, 2013, 04:08:07 AM

For the credit card BTC Purchase, you can do that from http://www.bitstamp.net

Quote from: mufa23 on December 10, 2013, 10:49:39 AM

I think Coinbase allows you to purchase Bitcoin with a card.

Where do people get these silly ideas. For the record neither exchange allows deposits by credit card. Credit cards are reversible so anyone selling Bitcoins for CC funds is taking a huge (as in eventually will be bankrupt) risk.

mufa23

legendary

Activity: 1022

Merit: 1001

I'd fight Gandhi.

I think Coinbase allows you to purchase Bitcoin with a card.

johny1976

legendary

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Developer

https://www.virwox.com/

Borbolon

member

Activity: 112

Merit: 10

Quote

Are you the same with the OP?

Sorry, I don't understand the question.

Bulk-Neteller Ltd

member

Activity: 67

Merit: 10

Quote from: Borbolon on December 09, 2013, 11:11:30 PM

Quote from: sushi on November 06, 2013, 04:08:07 AM

For the credit card BTC Purchase, you can do that from http://www.bitstamp.net

I just registered an account with them but they don't have an option to deposit funds with credit card.

Are you the same with the OP? just asking though.

Borbolon

member

Activity: 112

Merit: 10

Quote from: sushi on November 06, 2013, 04:08:07 AM

For the credit card BTC Purchase, you can do that from http://www.bitstamp.net

I just registered an account with them but they don't have an option to deposit funds with credit card.

sushi

full member

Activity: 238

Merit: 100

ASIC Myth Buster

For the credit card BTC Purchase, you can do that from http://www.bitstamp.net

This way, you can buy it from a company and the company will deal with the risk associated with the credit card purchase!

Win-Win for all

cointell

full member

Activity: 153

Merit: 100

You could offer to buy things for people with your credit card. Or buy virtual cards at entropay. You might get some takers if you can convince them it's not a stolen card.

berties

newbie

Activity: 49

Merit: 0

No, that wasn't my idea.
And I don't want to get rich with this method.
I just wnat someone that can recieve payments with credit cards and get some bitcoins.
The thing is that I have advantages with this kind of payments because of the resrticted circulation of foreign exchange.
If the transaction results and we feel confortable with the operation I know many people that would be interested in doing the same.
Regards

DeathAndTaxes

donator

Activity: 1218

Merit: 1079

Gerald Davis

There is no "building trust" with a credit card that you can dispute 180 days later (or can be stolen and real owner disputes 180 days later).

Are you willing to wait >180 days to take delivery?

berties

newbie

Activity: 49

Merit: 0

I wonder if any one that belongs to forum is interested in selling me bitcoins through credit card.
In my case I have an advantage in this mean of payment so I can split benefits with any one who is interested.
My idea is to start with small amounts so we can build confidence in each other and then make the transaction something fluent.
Anyone interested?

Topic: I want to buy bitcoins with credit card? (Read 2230 times)