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Topic: OKPAY accepting bitcoin as a deposit method - page 4. (Read 12059 times)

legendary
Activity: 924
Merit: 1004
Firstbits: 1pirata
November 11, 2011, 04:07:05 PM
#42
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.
donator
Activity: 1218
Merit: 1079
Gerald Davis
November 11, 2011, 09:50:27 AM
#41
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.
hero member
Activity: 868
Merit: 1000
November 11, 2011, 05:50:04 AM
#40
http://ptc-investigation.com/okpay.aspx

https://www.okpay.com/en/support/faq.html

Quote
Why is my Moneybookers transfer on hold?

A: For safety reasons and because of Moneybookers chargebacks your transfers are put on hold while being checked. The process may take up two months depending on your OKPAY account operations history. Approximate time of us getting chargebacks is a month.


https://www.okpay.com/en/services/debit-card/fees.html

Quote
Card top-up   $3.00
ATM withdrawal   2% (min. $3, max. $15)
POS transaction   US$1.00 per transaction only

https://www.okpay.com/en/services/fees.html

Their fees are literally worse than those charged by banks. They seem like real predators who intentionally target those who are unable to obtain credit cards or conventional debit Mastercards.
legendary
Activity: 924
Merit: 1004
Firstbits: 1pirata
November 10, 2011, 11:49:42 PM
#39
Only the time will tell this is not MyBitcoin v2.0.
It is probably one of the many Russian money laundering outfits. Incidentally Slashdot had an article recently about that industry:

http://mobile.slashdot.org/story/11/11/10/2131233/how-cell-phone-money-laundering-works

With friends like these Bitcoin doesn't need enemies.

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

give them a call and see if Tom W. works there  Wink

ps: too bad you can't customize the credit card they offer with a bitcoin logo, sucks
legendary
Activity: 2128
Merit: 1068
November 10, 2011, 11:17:39 PM
#38
my guess is okpay is a front for the russian mob  these guys look like mybitcoin 2.0 :/
Well, the financial dynamics is somewhat different. mybitcoin looked like small-time scam. If OKpay is involved in money laundering they will go out of their way to offer very good deals to the non-laundering customers to create a legal cover and detraction from their primary moneymaking enterprise. If they have 10%-30% margin on their laundering revenue they can plow some of it back to the side bets that provide the cover.

I remeber the days when money laundering was done through the prepaid long distance calling cards. Some of the best deals one could get were offered by the shadiest outfits. One could just call the customer service number and ask for credit for bad quality connection and they would give that over and over, practically with no limits for a single person making phone calls.
sr. member
Activity: 300
Merit: 250
BitcoinStarter.com Support Account
November 10, 2011, 10:59:34 PM
#37
Only the time will tell this is not MyBitcoin v2.0.
It is probably one of the many Russian money laundering outfits. Incidentally Slashdot had an article recently about that industry:

http://mobile.slashdot.org/story/11/11/10/2131233/how-cell-phone-money-laundering-works

With friends like these Bitcoin doesn't need enemies.

my guess is okpay is a front for the russian mob  these guys look like mybitcoin 2.0 :/
legendary
Activity: 2128
Merit: 1068
November 10, 2011, 10:55:38 PM
#36
Only the time will tell this is not MyBitcoin v2.0.
It is probably one of the many Russian money laundering outfits. Incidentally Slashdot had an article recently about that industry:

http://mobile.slashdot.org/story/11/11/10/2131233/how-cell-phone-money-laundering-works

With friends like these Bitcoin doesn't need enemies.
sr. member
Activity: 372
Merit: 250
November 10, 2011, 10:39:24 PM
#35
It's registered as an entity in the British Virgin Islands?  Domain name is anonymous?  Looks like red flags all over the place.  Only the time will tell this is not MyBitcoin v2.0.
hero member
Activity: 686
Merit: 500
Wat
November 10, 2011, 10:30:29 PM
#34
The next step is asking Steam to add support to okpay.
Than you will see an huge amount of GPU comming! Smiley

Steam forum are down now.
Someone should ask it on the suggestion section when they will come back.

I just asked yuplay.ru ( a good game key seller ) if they can add OKPAY support :-D
Every game cd-key reseller should support Bitcoin/okpay, because all their costumers have GPUs!

Um someone hacked into steam and took all the credit card infos....
full member
Activity: 157
Merit: 101
November 10, 2011, 09:50:12 PM
#33
If there really are a few early adopters with a huge chunk of the total bitcoins, this might be exactly what they have been waiting for. What happens when someone dumps them there and then buys a car of a house.

If they dont have some kind of cap on how much bitcoins one can deposit, they might find themselves with huge problems unloading them without crashing the market.
full member
Activity: 189
Merit: 100
November 10, 2011, 12:13:35 PM
#32
bitcoin can be withdrawn through a debit mastercard?Huh? FUCK YEAH
hero member
Activity: 774
Merit: 500
Look ARROUND!
November 10, 2011, 11:28:12 AM
#31

This is going to end well.   Roll Eyes
hero member
Activity: 714
Merit: 500
November 10, 2011, 10:59:41 AM
#30
Ok, you quoted me but you have also used an automatic translator Grin

I've tried deposit , it's fast.  Grin

Did you try depositing bitcoin?
yes, very quick.
hero member
Activity: 756
Merit: 500
November 10, 2011, 10:26:25 AM
#29
Ok, you quoted me but you have also used an automatic translator Grin

I've tried deposit , it's fast.  Grin

Did you try depositing bitcoin?
staff
Activity: 4256
Merit: 1203
I support freedom of choice
hero member
Activity: 714
Merit: 500
November 10, 2011, 09:59:15 AM
#27
Ok, you quoted me but you have also used an automatic translator Grin

I've tried deposit , it's fast.  Grin
staff
Activity: 4256
Merit: 1203
I support freedom of choice
November 10, 2011, 09:56:52 AM
#26
Ok, you quoted me but you have also used an automatic translator Grin
hero member
Activity: 714
Merit: 500
November 10, 2011, 09:50:38 AM
#25
From their facebook:
A: Deposit via bitcoin is a great feature. When are merchant services for bitcoin coming?
B: Thanks! They're coming soon, aiming next week

So I would say that you are giving to do well also have Twitter

Hanno anche Twitter:
https://twitter.com/okpaycom

Un link interessante:
http://ptc-investigation.com/okpay.aspx
hero member
Activity: 714
Merit: 504
^SEM img of Si wafer edge, scanned 2012-3-12.
November 10, 2011, 09:28:25 AM
#24
Really an interesting development. I think Mojang/MineCraft should look into this payment processor also.
I asked to one of the team about it ( from Twitter )
lol, people will mine to buy minecraft :_D

EDIT:
http://getsatisfaction.com/mojang/topics/can_you_add_okpay_as_a_payment_processor
Put your votes here! Grin
Uhm… why not just vote for this one directly? http://getsatisfaction.com/mojang/topics/add_bitcoin_to_payment_options
donator
Activity: 1218
Merit: 1079
Gerald Davis
November 10, 2011, 09:26:33 AM
#23
Can we call OKPAY   

A BANK ?
No
Quote
tHIS IS HUGE.

It is but they still aren't a bank.
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