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Topic: OKPay bails on Bitcoin (Read 2706 times)

newbie
Activity: 26
Merit: 0
June 04, 2013, 06:52:10 PM
#21
How about you supply goods or services for Bitcoin instead of just speculating on the currency?
member
Activity: 131
Merit: 10
legendary
Activity: 4214
Merit: 4458
June 02, 2013, 06:08:54 AM
#19
this may shed a little light to answer a bit of your questions

https://mtgox.com/pdf/20130528_okpay_statement.pdf
hero member
Activity: 686
Merit: 504
always the student, never the master.
June 02, 2013, 01:41:55 AM
#18

I was just about to ask that same question.  Cool
use it all the time. love it.
legendary
Activity: 1012
Merit: 1000
We on P. Sherman 42 Wallaby Way, Sydney
June 02, 2013, 01:01:21 AM
#17
hero member
Activity: 686
Merit: 504
always the student, never the master.
June 01, 2013, 10:42:03 PM
#16
bitpay
sr. member
Activity: 294
Merit: 250
Let's Start a Cryptolution!!
June 01, 2013, 10:28:16 PM
#15
Is making a wire transfer from the US to OkPay plausible, or do they not accept you to transfer any money to BTC-e at all whatsoever anymore?
full member
Activity: 229
Merit: 101
May 28, 2013, 07:04:04 PM
#14
Checkout their support forum 90% questions are bitcoin related
legendary
Activity: 1012
Merit: 1000
We on P. Sherman 42 Wallaby Way, Sydney
May 28, 2013, 06:27:42 PM
#13
I don't think getting money onto Gox is the real issue. Bitinstant has always been (at least for me) a faster, better choice. Maybe even cheaper once you account for the wire transfer fee to Okpay.

The real issue is getting USD onto BTC-e now. OKPay was the method for doing so. Add that to Perfect Money not taking any new US customers, Bitinstant generally always out of BTC-e funds and the icing on the cake...Liberty Reserve JUST got added a deposit option days ago and then BOOM...LR is done.

BTC-e codes are gonna be the hottest items on the market once that Bitcoin price starts to fall soon.
Right now they have 10k and I visit BTC-E on a daily basis and the always have at least 1-5k.

Quote
I'm trying to figure out what the hell is the point of OKpay without Bitcoin.
I was wondering about that too. Check their merchant list, apparently they want to become a PayPal for small and shady businesses (not as shady as LR ).

Yeah the reserves at BTC-e.com show 10k, but check out bitinstant.com. No option to buy BTC-e funds. I check everyday and have been lucky enough to buy BTC-e funds once. I refresh the page literally every hour I am at the computer.

But yeah I checked their merchant list. Weird adult sites and some affiliate bullshit looks to be their livelihood. I think they will fight to get Bitcoin back in the mix as it has got to be one of, if not their biggest revenue stream.
full member
Activity: 229
Merit: 101
May 28, 2013, 06:18:15 PM
#12
Ugh that sucks

any other way of getting bitcoins with Cashu? (except bitcoinordic and their crazy fees of course)
full member
Activity: 210
Merit: 100
May 28, 2013, 06:09:41 PM
#11
Anyone doing international wire transfers from mtgox to the USA?  how long do they take and what other way is there to get usd out of mtgox to the USA?

I've been using Bitstamp and have had a 24 hr turn around on 3 wires from BoA.
hero member
Activity: 968
Merit: 515
May 28, 2013, 05:54:17 PM
#10
I don't think getting money onto Gox is the real issue. Bitinstant has always been (at least for me) a faster, better choice. Maybe even cheaper once you account for the wire transfer fee to Okpay.

The real issue is getting USD onto BTC-e now. OKPay was the method for doing so. Add that to Perfect Money not taking any new US customers, Bitinstant generally always out of BTC-e funds and the icing on the cake...Liberty Reserve JUST got added a deposit option days ago and then BOOM...LR is done.

BTC-e codes are gonna be the hottest items on the market once that Bitcoin price starts to fall soon.
Right now they have 10k and I visit BTC-E on a daily basis and the always have at least 1-5k.

Quote
I'm trying to figure out what the hell is the point of OKpay without Bitcoin.
I was wondering about that too. Check their merchant list, apparently they want to become a PayPal for small and shady businesses (not as shady as LR ).
hero member
Activity: 602
Merit: 500
R.I.P Silk Road 1.0
May 28, 2013, 05:30:55 PM
#9
I have a feeling we shouldn't even be exposing the last remaining ways of funding exchange accounts. I wouldn't doubt it if this forum is being monitored by an outside force or infiltrated.
sr. member
Activity: 390
Merit: 250
May 28, 2013, 05:27:21 PM
#8
You can wire money by SEPA to BTC-E - but the minimum amount is 1000 USD.
Withdrawing from BTC-E to OKPAY is still doing fine... only the Deposit was abandoned.
hero member
Activity: 756
Merit: 500
May 28, 2013, 04:54:06 PM
#7
does Mt Gox withdraw to OKPAY still works?  If you are not in the US, I guess you can wire money to BTCE now that option's available.  They are Russian so should be outside of US sphere of influence.
legendary
Activity: 1012
Merit: 1000
We on P. Sherman 42 Wallaby Way, Sydney
May 28, 2013, 04:48:35 PM
#6
I don't think getting money onto Gox is the real issue. Bitinstant has always been (at least for me) a faster, better choice. Maybe even cheaper once you account for the wire transfer fee to Okpay.

The real issue is getting USD onto BTC-e now. OKPay was the method for doing so. Add that to Perfect Money not taking any new US customers, Bitinstant generally always out of BTC-e funds and the icing on the cake...Liberty Reserve JUST got added a deposit option days ago and then BOOM...LR is done.

BTC-e codes are gonna be the hottest items on the market once that Bitcoin price starts to fall soon.
member
Activity: 131
Merit: 10
May 28, 2013, 04:09:37 PM
#5
I think it's a gamble to move BTC from CBX to Gox because it then becomes cash at Gox once you sell, and cash can be seized.

I have mostly BTC in CBX and some cash, and I am starting to get concerned about the activity of the fed.

Legally, I don't think any of the exchanges are in full compliance... certainly not on a state by state level as far as surety bonds go.
legendary
Activity: 910
Merit: 1000
May 28, 2013, 04:08:10 PM
#4
Anyone doing international wire transfers from mtgox to the USA?  how long do they take and what other way is there to get usd out of mtgox to the USA?
hero member
Activity: 518
Merit: 500
May 28, 2013, 04:01:33 PM
#3
I guess OKPay got the word from the Fed that they should no longer do business in the Bitcoin arena.

So, how does the US get money to MtGox now that Dwolla and OKPay are no longer available? The noose is tightening.



You can use BitInstant and cash, which is perhaps the best way anyhow because completely anonymous, or close to it.   

Or of course you can get money easily into Coinbase or CampBX and transfer the BTC to Gox.
legendary
Activity: 1012
Merit: 1000
We on P. Sherman 42 Wallaby Way, Sydney
May 28, 2013, 03:58:33 PM
#2
I'm trying to figure out what the hell is the point of OKpay without Bitcoin.
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