mixed feelings about suggesting smaller of fixed fees. it would be great if the markup would be smaller but this is not a major exchange where you deposit funds upfront.
plus they must cover PP fees and operation expenses, not talking about programming and testing time.
so far it looks nonprofit or at loss. look at it as convenience store, you pay the prices there and are glad that they're open. but you won't make the weekend shopping there..
Topic: I'm selling through PayPal! (Read 6735 times)
I like this idea. Just a suggestion, while a $2 markup may be reasonable if buying 1 bitcoin in a hurry, perhaps you'll want a give (substantial) discount when buying more. Or better, charge a fixed fee and a small percentage.
Clever! So how do you add the phone number to the receipt?
It is in the item's description. For example, if I buy 1.2 BTC for the address 'fooBitcoinAddress' and my mobile phone number is +123456789, the item I'm buying is described as follows:
"Position in Hall of Fame.Address 'fooBitcoinAddress'. Units: 1.2. Phone: 00123456789"
You can place an order an check it for yourself
Hey Ghgr, I noticed you posted here and didn't respond, how do you prevent chargebacks with a PIN? Have you successfully fought any chargebacks yet?
Hello Nefanon. The PIN is just to ensure that the mobile phone is valid and the customer has physical access to it. In case he/she used a stolen account, he would not want to have his phone number displayed in the real owner's Paypal receipt.
By the way, I have added 14 new coins
Hey Ghgr, I noticed you posted here and didn't respond, how do you prevent chargebacks with a PIN? Have you successfully fought any chargebacks yet?
Hello Nefanon. The PIN is just to ensure that the mobile phone is valid and the customer has physical access to it. In case he/she used a stolen account, he would not want to have his phone number displayed in the real owner's Paypal receipt.
By the way, I have added 14 new coins
Be careful, Ebay and Paypal hate bitcoins
ghgr, just a question of curiocity - have your visitors/members/customers/whoever-you-call-them experienced scam attempts on thades they've done through your place?
Hello RunningTotal. My visitors have no risk of scam, since they pay through Paypal. If they "feel" scammed, they can contact me or, as a last resort, raise a chargeback.Hey Ghgr, I noticed you posted here and didn't respond, how do you prevent chargebacks with a PIN? Have you successfully fought any chargebacks yet?
Hello RunningTotal. My visitors have no risk of scam, since they pay through Paypal. If they "feel" scammed, they can contact me or, as a last resort, raise a chargeback.
Thanks for the quick reply. I'm actually much more concerned about those of your visitors who receive Paypal funds. Those who send are obviously 150% safe. ghgr, just a question of curiocity - have your visitors/members/customers/whoever-you-call-them experienced scam attempts on thades they've done through your place?
Hello RunningTotal. My visitors have no risk of scam, since they pay through Paypal. If they "feel" scammed, they can contact me or, as a last resort, raise a chargeback.
ghgr, just a question of curiocity - have your visitors/members/customers/whoever-you-call-them experienced scam attempts on thades they've done through your place?
Good morning, I've decided to lift the limits at donotcompare
Falcon, i entered my number as
2223334444
and i received my PIN within 2 hours.. but my problem is when i submit the pin and my bitcoin address, it says incorrect pin! helpp! lol
2223334444
and i received my PIN within 2 hours.. but my problem is when i submit the pin and my bitcoin address, it says incorrect pin! helpp! lol
OK, problem solved
Still nothing, even switched it off and back on. 
I entered it as follows:
12223334444
... corresponding to number: 1 (222) 333-4444
I entered it as follows:
12223334444
... corresponding to number: 1 (222) 333-4444
I do not see any abnormality in the SMS gateway, I've sent you a PM
EDIT: problem solved, too
Falcon, i entered my number as
2223334444
and i received my PIN within 2 hours.. but my problem is when i submit the pin and my bitcoin address, it says incorrect pin! helpp! lol
2223334444
and i received my PIN within 2 hours.. but my problem is when i submit the pin and my bitcoin address, it says incorrect pin! helpp! lol
Still nothing, even switched it off and back on.
I entered it as follows:
12223334444
... corresponding to number: 1 (222) 333-4444
I entered it as follows:
12223334444
... corresponding to number: 1 (222) 333-4444
Didn't you receive your PIN? Did you write your country code number?
Still nothing. Double, triple checked it. It even said something like, "looks like United States". I didn't do the whole "+" thing because I really have no idea what the "+" means. And there was no "Example:" on the page (really, when you're asking someone to do something unusual like adding a country code, there should be an example - just sayin'). I just mashed in 11 digits (my phone number with leading "1" country code), no dashes, no spaces, all just digits. It said it was successful and to check my phone... and an hour later, still nothing. +33612345678 -> France
0011234567890 -> United States
491234567890 -> Germany
or even (with both + and 00)
+0034661123456 -> Spain
Concerning your PIN, you should have received it by now
Didn't you receive your PIN? Did you write your country code number?
Still nothing. Double, triple checked it. It even said something like, "looks like United States". I didn't do the whole "+" thing because I really have no idea what the "+" means. And there was no "Example:" on the page (really, when you're asking someone to do something unusual like adding a country code, there should be an example - just sayin'). I just mashed in 11 digits (my phone number with leading "1" country code), no dashes, no spaces, all just digits. It said it was successful and to check my phone... and an hour later, still nothing. Well, hell, I'd take it for a whirl even with the "fee" of higher market prices... I understand the making-money-back thing and I'm sure it'll fly the inverse when the market comes back (you should really buy some Bitcoin right-right-RIGHTFUCKINGNOW as it's coming up as we speak - wait, what am I saying?)...
... but the g*ddamn website won't send me a PIN! Is this like "electronic bank transfer" sort of "electronic", that really takes 5-7 days to process? 
Didn't you receive your PIN? Did you write your country code number? ... but the g*ddamn website won't send me a PIN!
Is this like "electronic bank transfer" sort of "electronic", that really takes 5-7 days to process?
Well, hell, I'd take it for a whirl even with the "fee" of higher market prices... I understand the making-money-back thing and I'm sure it'll fly the inverse when the market comes back (you should really buy some Bitcoin right-right-RIGHTFUCKINGNOW as it's coming up as we speak - wait, what am I saying?)...
... but the g*ddamn website won't send me a PIN! Is this like "electronic bank transfer" sort of "electronic", that really takes 5-7 days to process?
... but the g*ddamn website won't send me a PIN!
Is this like "electronic bank transfer" sort of "electronic", that really takes 5-7 days to process? I haven't used https://get-bitcoin.com myself but they look like they have a pretty nice system setup even though it's not automated. The best part is the pricing because you can set your own price.
So I know you just started going, but with a little coding you could set up something like this.
1. You put money into a Tradehill or MtGox account.
2. Someone comes to your site and makes a purchase and sets the dollar amount.
3. Using the exchanges API you place an order for that amount minus a % as your fee.
4. When the order is fulfilled you send them the BTC.
So I know you just started going, but with a little coding you could set up something like this.
1. You put money into a Tradehill or MtGox account.
2. Someone comes to your site and makes a purchase and sets the dollar amount.
3. Using the exchanges API you place an order for that amount minus a % as your fee.
4. When the order is fulfilled you send them the BTC.
Thanks for your comment! My system works almost exactly like that
. But in order to provide Bitcoins instantly, instead of asking the user the price they want to pay, it automatically sets the lowest price I can afford (that is, MtGox ask price plus transaction fees, Paypal fees, wire transfer fees and risk fees -like possible scammers or not enough market depth at MtGox for that price).After calculations all those fees resulted to be much higher than I expected, and thus the margin for me is almost non existent. I expect to compensate this low profit with a high volume of sales, after all, I have the lowest price of all the instant bitcoin services I know
I haven't used https://get-bitcoin.com myself but they look like they have a pretty nice system setup even though it's not automated. The best part is the pricing because you can set your own price.
So I know you just started going, but with a little coding you could set up something like this.
1. You put money into a Tradehill or MtGox account.
2. Someone comes to your site and makes a purchase and sets the dollar amount.
3. Using the exchanges API you place an order for that amount minus a % as your fee.
4. When the order is fulfilled you send them the BTC.
So I know you just started going, but with a little coding you could set up something like this.
1. You put money into a Tradehill or MtGox account.
2. Someone comes to your site and makes a purchase and sets the dollar amount.
3. Using the exchanges API you place an order for that amount minus a % as your fee.
4. When the order is fulfilled you send them the BTC.
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