Bittiraha.fi is a very good and reliable website. You can give it a try
Mos of us don't speak Finnish.
Topic: Purchasing coins via Moneybookers/PayPal/Credit Card (Read 1382 times)
Mos of us don't speak Finnish.
Bittiraha.fi is a very good and reliable website. You can give it a try
how about western union? seems banktransfer takes a lot of time to clear up.
Go on a trustworthy forum and buy from trusted people with paypal
Which forum?
No previous trades + New online presence = No Trust. Virwox would be a better option for Paypal.
I think Coin.Mx may have found a way to mitigate credit card charge backs. I've had success with them twice, and I just signed up last night.
See my quick review here
See my quick review here
Sounds like you're more the admin than the user of that website.
lol, what the heck makes you say that?! Seriously, tho? Is it the way it was worded? ... Dude, that's the professional in me. I don't have much experience communicating on forums but I'm working on it :p But I do review all the sites I use. And I was pretty impressed with their service. Trust me - if their service starts to degrade, I'll call it out too.
Go on a trustworthy forum and buy from trusted people with paypal
Generally crypto currency exchanges do not support PayPal or Credit Cards or any other payment method that is reversible, because the risk is detrimental to their business model. Simply because by design all BitCoin transactions are irreversible and there is no way for them to get their money back.
If you do find an Exchange that supports these payment methods it is likely that they will have significantly higher transaction fees.
If you do find an Exchange that supports these payment methods it is likely that they will have significantly higher transaction fees.
Well , the main reasons is that there are lots of scammers that take advantage of those company policies.
If there weren't people who only thought about those schemes there won't be any problem.
Yeah I'm having trouble here. How can I buy an sell coins and the worst thing is it seems like none of these places will sen money to me. Like u can't cash out of mt gox. Just seems so shady what's the problem why can't anyone open a reputable exchange where u can actually get fiat money out?
Bitstamp.
thats not much posible , unrefund able bitcoin vs refund able ewallet
Agreed that there is a STEEP curve to the average person in obtaining BTC in any way.
I tried using an exchange (eobot) that accepted PayPal for purchase. They refunded the money after 5 weeks - after making $900 on my deposit! - and only gave me back the principal.
BTC's steep entry ability is a scammer's dream come true.
I tried using an exchange (eobot) that accepted PayPal for purchase. They refunded the money after 5 weeks - after making $900 on my deposit! - and only gave me back the principal.
BTC's steep entry ability is a scammer's dream come true.
Yeah I'm having trouble here. How can I buy an sell coins and the worst thing is it seems like none of these places will sen money to me. Like u can't cash out of mt gox. Just seems so shady what's the problem why can't anyone open a reputable exchange where u can actually get fiat money out?
That's maybe the major drawback of bitcoin - no easy way in. And i'm talking about regular people, not miners, brokers/speculators etc. The ones that actually spend money (usually via PP and/or CC) to BUY things (not just cryptocurrencies), the ones that eventually can replace PP and other existing payment methods with bitcoin.
And they don't want to wire funds to some shaddy exchange, wait for 7-30 days just to buy coins.
Neither they want to meet with someone in person to exchange money for coins (or vice versa)
I find it no harder than managing and moving dollars electronically. You mentioned PayPal, well it's basically the same process to fund your PayPal account. Get verified, send money, wait for your account to be funded. It's getting through the morass of legal requirements on dollars that is the problem. Once you have bitcoin you are free.And they don't want to wire funds to some shaddy exchange, wait for 7-30 days just to buy coins.
Neither they want to meet with someone in person to exchange money for coins (or vice versa)
Of course it's not a problem for someone who dislikes the current monetary system, or for the miners, traders, etc. but they're not majority (not even close). How many people know anything about cryptocurrencies, 1%?
Ditto; I've been reading up on this, watching tonnes of Youtube tutorials and I still can't figure this out.
I figured out how to install something called "guiminer" and it's been running at ~350 khash/s (f-ed if I know what that means, but I've been told it's slow). I have no idea how to access the Bitcoins it's generating or even if it's generating any.
What exactly am I "freeing" myself from?
Thanks for helping a newbie out.
Do most exchanges require a minimum fraction of a bitcoin deposit when starting trading for the first time?
Do most exchanges require a minimum fraction of a bitcoin deposit when starting trading for the first time?
That's maybe the major drawback of bitcoin - no easy way in. And i'm talking about regular people, not miners, brokers/speculators etc. The ones that actually spend money (usually via PP and/or CC) to BUY things (not just cryptocurrencies), the ones that eventually can replace PP and other existing payment methods with bitcoin.
And they don't want to wire funds to some shaddy exchange, wait for 7-30 days just to buy coins.
Neither they want to meet with someone in person to exchange money for coins (or vice versa)
I find it no harder than managing and moving dollars electronically. You mentioned PayPal, well it's basically the same process to fund your PayPal account. Get verified, send money, wait for your account to be funded. It's getting through the morass of legal requirements on dollars that is the problem. Once you have bitcoin you are free.And they don't want to wire funds to some shaddy exchange, wait for 7-30 days just to buy coins.
Neither they want to meet with someone in person to exchange money for coins (or vice versa)
In theory , practically , it's a lot harder for some people.
You can fund a PP account with one click , check the speculation thread with people angry their funds haven't reached the exchanges at time and they missed "the boat "the crash"the rise" the god knows what.
You've been here long enough to know buying bitcoins is sometimes a pain in the ass.
WU is too expensive (and that's gonna ruin them even before coins do), wire takes too long (~week on most exchanges), nothing beats direct payment with CC or Paypal.
Hard to get in and even harder to get out (deposits and withdrawals) is a big problem that can cause a real damage to cryptocurrencies (totally stop or at least slow down the adoption)
Hard to get in and even harder to get out (deposits and withdrawals) is a big problem that can cause a real damage to cryptocurrencies (totally stop or at least slow down the adoption)
If you deposit cash in a bank account, that's pretty instant, but you have to be close to the bank that the seller uses. At least the fees are low. Western union is fairly quick but you have to bite the fees. Just a few other options that are quicker than waiting for paypal or another service to verify the funds.
That's maybe the major drawback of bitcoin - no easy way in. And i'm talking about regular people, not miners, brokers/speculators etc. The ones that actually spend money (usually via PP and/or CC) to BUY things (not just cryptocurrencies), the ones that eventually can replace PP and other existing payment methods with bitcoin.
And they don't want to wire funds to some shaddy exchange, wait for 7-30 days just to buy coins.
Neither they want to meet with someone in person to exchange money for coins (or vice versa)
I find it no harder than managing and moving dollars electronically. You mentioned PayPal, well it's basically the same process to fund your PayPal account. Get verified, send money, wait for your account to be funded. It's getting through the morass of legal requirements on dollars that is the problem. Once you have bitcoin you are free.And they don't want to wire funds to some shaddy exchange, wait for 7-30 days just to buy coins.
Neither they want to meet with someone in person to exchange money for coins (or vice versa)
Of course it's not a problem for someone who dislikes the current monetary system, or for the miners, traders, etc. but they're not majority (not even close). How many people know anything about cryptocurrencies, 1%?
virwox is one such service which allows buying coins with PP but the fees is too high and first time transaction may take upto three days or more to be processed
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