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How to take Payments
Posted: Fri May 31, 2019 3:09 pm
by CorzzaH
What is the best way to take payments for a reseller from people who are buying IDs. Tried revolut and got shut down pretty quickly. Where can i send people to buy btc without id obviously as they aren't 18?
Re: How to take Payments
Posted: Sun Jun 02, 2019 8:55 pm
by Runin28
Ffs we've discussed this about 5 times in the last week.
Take cash or BTC, don't bother with bank transfers or PayPal.
16+ can buy bitcoin with ID from bittylicous (good rate and high limits), blockchain.info is pretty lenient in terms of ID.
Re: How to take Payments
Posted: Sun Jun 02, 2019 8:59 pm
by SabreTooth
big benefit of taking crypto: If you're a mad drug head, your moneys already available in crypto to buy all sorts of shit
Re: How to take Payments
Posted: Sun Jun 02, 2019 9:03 pm
by Unknown63
If you take cash wont you still be forced to deposit into your account and transfer out to actually buy the bitcoin? Or is there a work around to this
Re: How to take Payments
Posted: Mon Jun 03, 2019 7:39 pm
by Runin28
Unknown63 wrote: ↑Sun Jun 02, 2019 9:03 pm
If you take cash wont you still be forced to deposit into your account and transfer out to actually buy the bitcoin? Or is there a work around to this
Well you can either keep the cash at home in a safe that you hide somewhere and screw to the floor / wall or deposit it in a safe deposit box.
You will need some funds to buy the bitcoin, and it becomes an economies of scale problem. You can deposit a few hundred cash in to your account no problem, as long as you make it look like regular income (roughly monthly, weekly or fortnightly) and don't buy loads of BTC immediately after depositing. Otherwise you can use BTC ATMs or Localbitcoin sellers that handle cash, but this is probably best for high amounts of cash.
I charge a small-but-substantial admin fee for cash which is enough to make most people want to pay with cryptos - for massive groups this is easy because only one person needs to buy the crypto.
Re: How to take Payments
Posted: Mon Jun 03, 2019 7:39 pm
by Runin28
SabreTooth wrote: ↑Sun Jun 02, 2019 8:59 pm
big benefit of taking crypto: If you're a mad drug head, your moneys already available in crypto to buy all sorts of shit
Wow! I've never considered that
Re: How to take Payments
Posted: Mon Jun 03, 2019 9:51 pm
by SabreTooth
Runin28 wrote: ↑Mon Jun 03, 2019 7:39 pm
SabreTooth wrote: ↑Sun Jun 02, 2019 8:59 pm
big benefit of taking crypto: If you're a mad drug head, your moneys already available in crypto to buy all sorts of shit
Wow! I've never considered that
Your local stoner gets his weed supply crowd funded from posh kids.