It's so difficult to get Feathercoins
-
There are a few on eBay for payment via PayPal, but they are way over priced or at least on ebay.co.uk. As has been said unfortunately the actions of few doing charge backs etc… have pretty much limited the possibilities for trading using servers like PayPal. It’s nothing against you but it is so easy to scam someone because PayPal always side with the buyer and never the seller.
The verifications are carried out because exchanges are trying to do the right things in-line with various money laundering schemes set-up by governments, if you have nothing to hide bite the bullet choose an exchange and get yourself verified, that way your setup and ready to go if your buying or selling :D
I’m sorry I don’t have a simple answer for you, but as has been said this is the same for all crypto’s not just FTC
Have a good one
UM
-
Yeah, I appreciate the feedback, but I think people have kind of missed my point. I get the problem with chargebacks, etc. What I’m saying is that there should be a solution for this.
So, at the moment you can’t reverse a Feathercoin transaction, but you can reverse a Paypal. What you need is a way to make both reversable. That way, both the buyer and seller can be assured that they will get the money/coins or get their stuff back.
The only way to do that is to have a safe exchange for people where the transactions are monitored by a third party. It doesn’t have to be the only exchange, but a central, main one would help.
My example is the Steam marketplace. They handle the transaction and you just have to say, “I want to sell this” or “I want to buy this”.
Thanks again for your help, but unless there was something like this, I’m not really interested. From talking to others in real life, they kind of feel the same way.
-
[quote name=“SCantan” post=“54342” timestamp=“1390490794”]
Yeah, I appreciate the feedback, but I think people have kind of missed my point. I get the problem with chargebacks, etc. What I’m saying is that there should be a solution for this.So, at the moment you can’t reverse a Feathercoin transaction, but you can reverse a Paypal. What you need is a way to make both reversable. That way, both the buyer and seller can be assured that they will get the money/coins or get their stuff back.
[/quote]That solution already exists. It’s called an IOU. Instead of giving them the Feathercoins, you write down on a piece of paper, “I OWE YOU X FTC.” and give them that instead.
In the future, when you decide you want a refund, you simply don’t send them the currency. When your satisfied that they deserve the money, you send it to them.
Problem SOLVED.
You see, at no point in my finances do I want to give you the ability to yank funds out of my account. That is a FLAW in the system, and a huge one that costs a lot of people a lot of money. If you want a refund from your reputable vendor, ask your vendor for a refund. If you don’t trust your vendor, use escrow. Saying to your vendor, “I’m going to pay you, but the money is on strings, and I can yank it out of your account up to 90 days later.” isn’t a feature of my currency that I would ever want.
There are sooooo many good solutions to this problem… what you’re suggesting is literally the worst possible thing you could do.
[quote]
The only way to do that is to have a safe exchange for people where the transactions are monitored by a third party. It doesn’t have to be the only exchange, but a central, main one would help.My example is the Steam marketplace. They handle the transaction and you just have to say, “I want to sell this” or “I want to buy this”.
Thanks again for your help, but unless there was something like this, I’m not really interested. From talking to others in real life, they kind of feel the same way.
[/quote]You mean Amazon.com, EBay.com, Overstock.com, TigerDirect.com… etc? What’s wrong with those?
-
Have you tried localbitcoins.com yet? Sometimes the vendors there might deal in other cryptos if you build a rapport with them. When the site map here gets back up online again, you might see if there’s someone willing to sell near you.
Personally, I don’t have a bank account or credit cards or anything else that a lot of these companies ask of me.
So back in the summer when a BTC was still around $100USD, I toyed around with faucets and other micro-transactional ways and that wasn’t going to work, either. But that’s when I discovered Bitmit. I went out, bought stuff from a pallet salvage operation I had access to, put android tablets and portable Super Nintendos and other electronic stuff up on there and almost immediately the stuff moved. Next thing I know I had 3BTC to mess around with.
Bitmit’s no longer with us, but there’s coingig and cryptothrift and of course the feathercoin market here. It may be viewed as an inconvenient step, but it’s really an alternative step to playing by the regulatory rules when dealing with fiat.
Worse come to worse, you can always start an auction on the feathercoin marketplace yourself with a money order or a pre-paid visa that you get from anywhere and list the equivalent plus postage as a buy it now. Since the escrow’s built in, it’s almost foolproof, just costly (a way around would be buying giftcards for specific stores, but you know, whatever). Someone sends you the funds that are held in escrow, you mail out the card/money order, they verify the funds on it, they mark it as received and you get your crypto released from escrow. Sure it takes a couple of days, but it takes a couple of days to, say, cash out a BTC to a bank account through coinbase, too. Everything’s going to be slow until the world is on the same page with this stuff.
-
In your own country you will have an exchange there. Walk into a bank an deposit cash.
I use an exchange called btcmarkets. They required proof of id through a government approved id verification sites. They are registered and reputable. It takes till the next day for the cash deposit to clear. I buy btc, send btc to btc-e and by ftc, then shift it into the wallet. I can deposit cash and 36 hours later I can have ftc in my own wallet on my computer.
[quote name=“SCantan” post=“54223” timestamp=“1390470902”]
Others wanted access to my bank account, which I’m not willing to give. Visa and Paypal are the only two options
[/quote]You’ve given paypal your details… and they work on a trust based system…
If your exchange is a registered business in your local country, you don’t need to trust them.
-
[quote name=“SCantan” post=“54293” timestamp=“1390482651”]
Hi Uncle Muddy, I’m in Norway.I know there are a bunch of websites out there where you can pay a percentage and get bitcoins. What I mean with my post is that it’s difficult and costly when the whole point of cryptocurrencies is to take out the difficulty and cost.
[/quote]Have you tried https://justcoin.com/no/ ?
It’s based in Norway, you could get a hold of bitcoins there, send them to another site ([url=http://crypto-trade.com]crypto-trade.com[/url], [url=http://btc-e.com]btc-e.com[/url]) to trade with FTC. -
Now I would have no idea how to create it at all, but…
Why don’t we just start a serious FTC/USD/EUR/??? Exchange ourselves? We probably have quite a few Feathers on here to invest ourselves, and we could actually provide Featherminers with a nice marketplace to sell their abundant FTC!
I am not sure due to maybe technical/legal limitations but I actually think we could pull this off if some people would be willing to create it in some way… Screw BTC-e, lets start our own exchange!
EDIT: and integrate it smoothly in the new website! :D
-
[quote name=“Remonius” post=“54684” timestamp=“1390587789”]
Now I would have no idea how to create it at all, but…Why don’t we just start a serious FTC/USD/EUR/??? Exchange ourselves? We probably have quite a few Feathers on here to invest ourselves, and we could actually provide Featherminers with a nice marketplace to sell their abundant FTC!
I am not sure due to maybe technical/legal limitations but I actually think we could pull this off if some people would be willing to create it in some way… Screw BTC-e, lets start our own exchange!
EDIT: and integrate it smoothly in the new website! :D
[/quote]Hey you should consider checking out the Reddit feather coin exchange. You can buy or sell FTC for almost anything you desire and all purchases are monitored by a bot. We are officially launching on Monday. Join us on
www.reddit.com/r/feathercoinexchange
www.reddit.com/r/fcfeathercoinmining
Get in touch with any of the mods and they will set you up.
-
In the Uk?
-
[quote name=“wrapper” post=“56625” timestamp=“1391350187”]
In the Uk?https://bittylicious.com/
[/quote]+1 used this, and it went very smoothly
