OKPAY accepting bitcoin as a deposit method - page 3.

OKPAY

newbie

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Quote from: 2112 on November 10, 2011, 09:55:38 PM

It is probably one of the many Russian money laundering outfits. Incidentally Slashdot had an article recently about that industry:

Quote from: bitstarter on November 10, 2011, 09:59:34 PM

my guess is okpay is a front for the russian mob these guys look like mybitcoin 2.0 :/

HELLYEAH!
Hello from Russian mob, we hunt for bears with our bare hands and laney maundering all day looong! Grin

OKPAY

newbie

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Helllo folks,
I'm OKPAY Company representative, will be glad to answer your questions.
As you have noticed we have added BTC as one of the deposit options, it means that you can fund your account and spend your money pretty much everywhere (wire transfer, exchangers, online stores, debit card withdrawals, etc.)

We are not offering BTC withdrawal option but we are going to add it as well.

As per verification: you do not need to be verified to be able to fund your account with BTC. Unverified accounts have 300 EUR monthly limits. To get your account verify you need to provide a prood od ID and address.

Steve

hero member

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Quote from: DeathAndTaxes on November 15, 2011, 09:27:51 AM

People often attack what they don't understand. If Steam ever did accept BTC the same people attacking it would be telling their friends how awesome and revolutionary it is. A large portion of population is always going to follow.

BTC = Stupid.
Steam adopts BTC = Awesome.

Even though Steam doesn't accept bitcoin directly, this might already be happening. A great way to obtain games for a discount is by buying keys online (where people have found the games discounted in retail outlets and offer them up for sale online). Bitcoin is a great way to mitigate the risk of handing out a game key online. The keys are effectively bearer instruments and irreversible once distributed. So, selling them for paypal or CC is risky for the merchant. Here are a couple places you can buy them for bitcoin:

gamerkeys.net
bitcoin2cdkey.com

DeathAndTaxes

donator

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Gerald Davis

Quote from: RodeoX on November 15, 2011, 10:39:19 AM

Quote from: DeathAndTaxes on November 15, 2011, 09:27:51 AM

People often attack what they don't understand. If Steam ever did accept BTC the same people attacking it would be telling their friends how awesome and revolutionary it is. A large portion of population is always going to follow.

BTC = Stupid.
Steam adopts BTC = Awesome.

On a related note Steam = Stupid

MEH I never thought I would, but I like Steam. No need to keep copies of games, no worries about scratched CD, lost CD keys, etc. Often I find good discounted games that I wouldn't otherwise even realize (or buy if gamestop wanted full price for them). I think it is a win-win.

I can't remember the last non-Steam (or Steam alternatives) game I bought.

RodeoX

legendary

Activity: 3066

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The revolution will be monetized!

Quote from: DeathAndTaxes on November 15, 2011, 09:27:51 AM

People often attack what they don't understand. If Steam ever did accept BTC the same people attacking it would be telling their friends how awesome and revolutionary it is. A large portion of population is always going to follow.

BTC = Stupid.
Steam adopts BTC = Awesome.

On a related note Steam = Stupid

DeathAndTaxes

donator

Activity: 1218

Merit: 1079

Gerald Davis

People often attack what they don't understand. If Steam ever did accept BTC the same people attacking it would be telling their friends how awesome and revolutionary it is. A large portion of population is always going to follow.

BTC = Stupid.
Steam adopts BTC = Awesome.

BadBear

legendary

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Interesting to see all the negative reactions in those threads, by people who are already dealing in purely digital goods.

HostFat

staff

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I support freedom of choice

Quote from: MoonShadow on November 14, 2011, 05:48:27 PM

Why? Just request that Steam take Bitcoin as a payment method.

http://forums.steampowered.com/forums/showthread.php?t=1824081
http://forums.steampowered.com/forums/showthread.php?t=2070297

notme

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Quote from: FreeMoney on November 14, 2011, 05:00:40 AM

Quote from: notme on November 11, 2011, 05:28:03 PM

Quote from: FreeMoney on November 11, 2011, 03:17:23 PM

Quote from: paraipan on November 11, 2011, 03:07:05 PM

Quote from: DeathAndTaxes on November 11, 2011, 08:50:27 AM

Ouch I was expecting fees but those are just downright stupid.

Up to $15 to get my cash from an ATM? No thanks. I will keep using free checks from TradeHill.

Sadly if someone did offer a decently priced bitcoin backed debit card they would get all the BTC -> USD flows. Someday it will happen but it isn't OKPay.

Maybe someday Dwolla will offer a Dwolla debit card? That would be at least a half step.

ehh, that would be the upper limit of their card withdraw fee, 2% of 750 $. If you exceed 750$ the fee would remain at same level.

You can get more than $750 from an ATM somehow? Or is that like the monthly max of ATM fees?

Really I'm not going to be happy until there is a guy standing in the mall with pockets full of cash and a smart phone wearing a bitcoin shirt charging $2 for exchanges up to $1000.

Why, so he can get mugged? Bad idea.

No one would do that. Everyone loves mall bitcoin guy.

Just like nobody robs the Salvation Army Santas that collect change outside of stores. Oh wait, they do get robbed.

bitcon

legendary

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OKPAY charges its users $35 to transfer funds to your bank account. Angry

MoonShadow

legendary

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Quote from: HostFat on November 14, 2011, 04:53:11 AM

Feature request on Steam

http://forums.steampowered.com/forums/showthread.php?t=2231533

If you use the Steam service and you like the Bitcoin project, you should +1 this request! Grin

Why? Just request that Steam take Bitcoin as a payment method.

FreeMoney

legendary

Activity: 1246

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Strength in numbers

Quote from: notme on November 11, 2011, 05:28:03 PM

Quote from: FreeMoney on November 11, 2011, 03:17:23 PM

Quote from: paraipan on November 11, 2011, 03:07:05 PM

Quote from: DeathAndTaxes on November 11, 2011, 08:50:27 AM

Ouch I was expecting fees but those are just downright stupid.

Up to $15 to get my cash from an ATM? No thanks. I will keep using free checks from TradeHill.

Sadly if someone did offer a decently priced bitcoin backed debit card they would get all the BTC -> USD flows. Someday it will happen but it isn't OKPay.

Maybe someday Dwolla will offer a Dwolla debit card? That would be at least a half step.

ehh, that would be the upper limit of their card withdraw fee, 2% of 750 $. If you exceed 750$ the fee would remain at same level.

You can get more than $750 from an ATM somehow? Or is that like the monthly max of ATM fees?

Really I'm not going to be happy until there is a guy standing in the mall with pockets full of cash and a smart phone wearing a bitcoin shirt charging $2 for exchanges up to $1000.

Why, so he can get mugged? Bad idea.

No one would do that. Everyone loves mall bitcoin guy.

HostFat

staff

Activity: 4270

Merit: 1209

I support freedom of choice

Feature request on Steam

http://forums.steampowered.com/forums/showthread.php?t=2231533

If you use the Steam service and you like the Bitcoin project, you should +1 this request! Grin

BitPay Business Solutions

hero member

Activity: 742

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Quote from: omarabid on November 11, 2011, 04:55:39 PM

2. The fees are small compared to the hassle it'll take you to setup a USA bank account or the risks of using a fake PayPal account.

So for someone like me, this encourages me to start mining because I can withdraw money somehow to a service I already use.

+1. This is the reason we have this forum. Most people in North America or Western Europe won't have a need for OKPAY, but there's a whole world out there that needs a solution.

And anyone in Tunisia, or all of Africa for that matter, can now have a business and accept payments over the Internet using Bitcoins. We live in exciting times!

notme

legendary

Activity: 1904

Merit: 1002

Quote from: FreeMoney on November 11, 2011, 03:17:23 PM

Quote from: paraipan on November 11, 2011, 03:07:05 PM

Quote from: DeathAndTaxes on November 11, 2011, 08:50:27 AM

Ouch I was expecting fees but those are just downright stupid.

Up to $15 to get my cash from an ATM? No thanks. I will keep using free checks from TradeHill.

Sadly if someone did offer a decently priced bitcoin backed debit card they would get all the BTC -> USD flows. Someday it will happen but it isn't OKPay.

Maybe someday Dwolla will offer a Dwolla debit card? That would be at least a half step.

ehh, that would be the upper limit of their card withdraw fee, 2% of 750 $. If you exceed 750$ the fee would remain at same level.

You can get more than $750 from an ATM somehow? Or is that like the monthly max of ATM fees?

Really I'm not going to be happy until there is a guy standing in the mall with pockets full of cash and a smart phone wearing a bitcoin shirt charging $2 for exchanges up to $1000.

Why, so he can get mugged? Bad idea.

fornit

hero member

Activity: 991

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how many customers does okpay have?

omarabid

full member

Activity: 133

Merit: 100

A couple points:

1. OKPay is like Payoneer. It's for people who don't have access to a USA bank account, an International Debit Card and PayPal.
I'm from Tunisia. I can't have an International Debit Card. PayPal doesn't accept payments for Tunisia for some reasons I still don't know. And you can't have a bank account other than your "nonconvertible" country currency.

They are a great solution. Period.

2. The fees are small compared to the hassle it'll take you to setup a USA bank account or the risks of using a fake PayPal account.

So for someone like me, this encourages me to start mining because I can withdraw money somehow to a service I already use.

paraipan

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Activity: 924

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Firstbits: 1pirata

Quote from: DeathAndTaxes on November 11, 2011, 03:24:25 PM

Quote from: FreeMoney on November 11, 2011, 03:17:23 PM

ehh, that would be the upper limit of their card withdraw fee, 2% of 750 $. If you exceed 750$ the fee would remain at same level.

How do you know they allow withdrawals of greater than $750? Pretty big assumption to make.

The "solution" for withdrawing $15K might be make 20 withdraws for $300 in fees.

i don't know things or make assumptions, it's only the way i understand that statement... if they put that high limit assuming no one will be able to withdraw more than 750$ it's not very nice from their part.

Instead you could use some friends help and cash-in on a POS, pay with the card and they give you cash. I do that sometimes. Lower fees and higher limits too

edit: I don't like a small thing though, they locked in the exchange rate of bitcoin > usd much lower than market price and they state "no fees" Sad

DeathAndTaxes

donator

Activity: 1218

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Gerald Davis

Quote from: FreeMoney on November 11, 2011, 03:17:23 PM

ehh, that would be the upper limit of their card withdraw fee, 2% of 750 $. If you exceed 750$ the fee would remain at same level.

How do you know they allow withdrawals of greater than $750? Pretty big assumption to make.

The "solution" for withdrawing $15K might be make 20 withdraws for $300 in fees.

FreeMoney

legendary

Activity: 1246

Merit: 1016

Strength in numbers

Quote from: paraipan on November 11, 2011, 03:07:05 PM

Quote from: DeathAndTaxes on November 11, 2011, 08:50:27 AM

Ouch I was expecting fees but those are just downright stupid.

Up to $15 to get my cash from an ATM? No thanks. I will keep using free checks from TradeHill.

Sadly if someone did offer a decently priced bitcoin backed debit card they would get all the BTC -> USD flows. Someday it will happen but it isn't OKPay.

Maybe someday Dwolla will offer a Dwolla debit card? That would be at least a half step.

ehh, that would be the upper limit of their card withdraw fee, 2% of 750 $. If you exceed 750$ the fee would remain at same level.

You can get more than $750 from an ATM somehow? Or is that like the monthly max of ATM fees?

Really I'm not going to be happy until there is a guy standing in the mall with pockets full of cash and a smart phone wearing a bitcoin shirt charging $2 for exchanges up to $1000.

Topic: OKPAY accepting bitcoin as a deposit method - page 3. (Read 12110 times)