Topic: Would you use credit cards to fund your trading accounts? - page 2. (Read 2622 times)
i would love to be able to fund my account by cc or debit
By the way, this was possible last year on MtGox and Bitcoingateway.com but was stopped afterwards. On mTGox, due to credit card fraud because of the reversible nature of credit cards
For now. Also accepting credit cards means accepting debit cards too.
It's a really bad idea to borrow money for investments. If you don't have the cash to invest.....your financial situation needs more than just bitcoins to help it.
I have found myself, twice in my lifetime, almost incapacitated financially due to debt. Luckily, I've never had to go BK, and was able to pay off one occurrence and am still working on the second (more than half way done).
The only way I would use a credit card to purchase bitcoins is if it was a secured credit card and I had already paid the money.
I have found myself, twice in my lifetime, almost incapacitated financially due to debt. Luckily, I've never had to go BK, and was able to pay off one occurrence and am still working on the second (more than half way done).
The only way I would use a credit card to purchase bitcoins is if it was a secured credit card and I had already paid the money.
You bet ya on the overall growth of bitcoin far out ways the interest charged by the cc mob. Being injured and screwed over from working I have an attitude of why not its only fake money I owe credit cards for anyway. Its a win win situation they either get their money back from me or get it from how ever they work the system on defaults at the end of the day the books get balanced.
By the way, this was possible last year on MtGox and Bitcoingateway.com but was stopped afterwards. On mTGox, due to credit card fraud because of the reversible nature of credit cards
Would you do it? Discuss.
Yes, as long as I had the money to pay the bill ahead of time. This would be a lot more convenient than using Dwolla to xfer money from my bank account first and then xfer to trading site.
This. And that would be the only time to use it, IMO.
I would. It would make the transfer process a lot quicker.
Would you do it? Discuss.
Yes, as long as I had the money to pay the bill ahead of time. This would be a lot more convenient than using Dwolla to xfer money from my bank account first and then xfer to trading site.
In other words "Would you use other people's money to play slot machines"
Would you do it? Discuss.
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