Silk Road forums

Discussion => Newbie discussion => Topic started by: REDzyy on August 07, 2013, 12:55 am

Title: how to buy btc with credit card ?
Post by: REDzyy on August 07, 2013, 12:55 am
okay i been buying it off of btcquick. but they always get wiped out.. any other credit card options ? thats as fast and secure.
Title: Re: how to buy btc with credit card ?
Post by: jaroftime on August 07, 2013, 01:00 am
Dude, I'd stick with them.  It's easier to wait a day or two for them to restock then go through the hassle of giving your personal identifying information to verify at another place.

Btcquick is trusted.

If they were out for a while, Id simply do a cash deposit at walmart
Title: Re: how to buy btc with credit card ?
Post by: DomesticDrops on August 07, 2013, 01:07 am
It is never a good idea to link your personal information with your BTC purchases. While it is not illegal it is frowned upon generally and it is just best to disassociate yourself.
Title: Re: how to buy btc with credit card ?
Post by: tanamon on August 07, 2013, 01:19 am
Very few BTC vendors accept credit cards because of charge backs and the fact that bitcoin transactions are irreversible. It's too easy to scam that way.
Title: Re: how to buy btc with credit card ?
Post by: tg00 on August 07, 2013, 01:22 am
Some free advice:

If you find a way to buy bitcoins with a credit card, Keep it to yourself.

That's one thing that the feds will jump on in a heart beat.
Title: Re: how to buy btc with credit card ?
Post by: noumen0n on August 07, 2013, 01:27 am
There's really no reason to buy bitcoins with a credit card because of the insane mark up and extra fees that come with it. I can only think of a few situations that would warrant a credit card, and the main one would be if you're broke and can't wait until your next paycheck or whatever. If that's the case, it's likely you have an unhealthy addiction and shouldn't be spending money you don't actually have.

Anyway, lectures aside, virwox is the only other legit btc vendor I know that accepts credit cards. But be prepared to pay up the ass for it from the multiple currency conversions... I want to say you receive 3/4 of your initial deposit but I'm not sure. You'll also have to factor in the 48 hour hold virwox puts on your first transaction for verification purposes. Although after your first couple transactions, the deposit is basically instant. Not worth it unless you have money to blow and need your bitcoins asap.
Title: Re: how to buy btc with credit card ?
Post by: REDzyy on August 07, 2013, 06:47 am
thanks guys.. guess ill juss stick to btcquick... yeah i juss dislike how they run out quick and i could only buy 250 a day... hm . and im not using a credit card its something else. its like a credit card.
Title: Re: how to buy btc with credit card ?
Post by: VinnieJones on August 08, 2013, 06:52 pm
www.myaholeneedsstretching.org
Title: Re: how to buy btc with credit card ?
Post by: Ryza1477 on August 09, 2013, 08:22 am
Just go down to the bank! Do a cash deposit, so easy!
Title: Re: how to buy btc with credit card ?
Post by: REDzyy on August 10, 2013, 01:51 am
people be lazy! lol .but its okay.. i got my way now
Title: Re: how to buy btc with credit card ?
Post by: BR1CKF4RE on August 10, 2013, 02:04 am
Good question op. i needed that answered 2
Title: Re: how to buy btc with credit card ?
Post by: headshort on August 10, 2013, 02:35 am
www.myaholeneedsstretching.org

Link doesn't work for me. Sure you typed it right?
Title: Re: how to buy btc with credit card ?
Post by: jescowhite on August 10, 2013, 02:39 am
You could go to localbitcoins.com and find someone that accepts western union and then use your card on westernunion.com if your in a hurry/pickle or something, just make sure people have good stats, they use escrow anyway its pretty quick and easy if you look around on there~