Topic: KoukanExchange | MP/VANILLA/RELOADIT for Bitcoins | Automated | LOWEST FEE - page 2. (Read 11145 times)

Muahahaha. Your solid answer ROCKS!

Added more today! Some under $100 for you guys.

Long wait, but I added more !!1

I will add more tomorrow morning. I have been super busy with personal projects. Maui I will PM you.

Koukan - when are you going to add more moneypaks to your site...i need one ASAP!

The only thing that would get kind of sketch is when you change your coins collected back into dollar. than use dollar to buy mp than goes to coin and back to bank. After awhile they will be like um... and come knocking. Although koukan could just use tor to connect to his webservers, fake info on the domain purchase and stuff of that nature to protect himself. Although it isnt "legal" to trade mp's for bitcoins, its a grey area.

I've been waiting for you all day.

I added more! And as of right this moment I will sell Vanilla via PM the V4BTC site is on back burning for a week.

And in question about me registering as a MSB... Hell no. I am not registered and will never be registered. I do not want to collect peoples information and report of them if they purchase a large amount. That's ridiculous to me; it is not the governments business to know. I am open to anyone and everyone. And will NEVER comply with the United States or any other government or agency. I believe in privacy, great customer service, and great rates.

My number one priority is to let the users of my website cash out securely and privately - away from the eyes of the government if that is what they wish.

If anyone wishes to communicate privately with me; please send a PGP encrypted message.

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Add more MP to this site as well as vanillaforbitcoin.com already! I demand it!

Why would he need to since he isn't dealing with fiat exchange?  I thought selling items for BTC is not something you need to register for YET.

Koukan, can we get an official response? Are you registered as a money transmitter, in lei of the recent happenings a lot of users may become weary if you are not.

Hell, Preev just changed their default to Bitstamp as well. I am adding more codes tomorrow - I have been busy working on another design

It's bitstamp price then.  Or it is just a coincidence that they match exactly right now.

Log onto your BlockChain account --> Click "Sent Money" --> Scroll down it should be on the bottom left.

It is also found at "https://blockchain.info/ticker"

Unfortunately Blockchain.info no longer gets its price from Mt.Gox  kind of stinks for a lot of buyers who go by Gox. but I understand where OP is coming from. I will have to evaluate and see what I do.

Again, where is this "blockchain" price???

I have used blockchain.info for at least 18 months.  Since I read this thread, I have clicked around and I don't see such a price anywhere.  I do see a "market" tab on the top of the site but the link has been down for at least two days.

I WANT you to make a profit, and I understand that nobody is getting money out of gox.  That is the whole reason I am here in this section of the forum. 

And Preev.com pulls its price from Gox.

You can only fund U.S (United States of America) Paypal with MP codes no other country. And when there was not such a HUGE difference between GOX and the other exchanges; that statement was true about it being close to PREEV. I made that statement months ago; and it was true up until GOX was a huge 15% away from any other exchange. Not many people trade by GOX standards anymore because you can pull money out of GOX.

Like it says though the price is calculated using the BlockChain price 7% fee. No witchcraft or magic done to make the price artificially high. Do the math; it will add up.

This has been the price mechanism the entire time we have been open for business, I will reevaluate the price and may start to go by BitStamp prices or CoinBase prices, but each of those are BELOW the BlockChain price - so even if I did that I would end up charging more. I would love to go by GOX standards; but if I got the coins and threw them up for sale of GOX I would have to wait God knows how long to get Fiat out. Whereas if I got the coins and threw them up on CoinBase I would only have to wait 3-5 days for the wire transfer to come in. At a 7% fee below BlockChain I make ~6$ on every $100 sold minus the $4.95 to purchase the codes in the first place. I am not making $150 on a $500 code.

Plain and simple; to run this business with success, I can not go by MtGox pricing because while their price may be higher there is no way for me to actually get my coin into fiat with Gox.

I don't understand how I could buy a $500 moneypak for $547 one day, and the next day a $500 moneypak costs $650.  I saw that the OP refers to his rate being "close to" preev.com, but this doesn't account for the difference.

Right now Preev is 111.40 and Mtgox is 111.42.  Where is this "blockchain last" price?

its a typo. I he/she means " You are only able to fund using paypal"

Although you should only use moneypak codes to add a paypal balance or to add funds to a greendot prepaid card.