Moneygram Problems

[bdz]

DOJ stands for Department Of Justice, no?  What’s “just” about them having authority to seize anything?  
But thanks for the heads up.  I’d be on BTC in a heartbeat if I could figure it out better...I have some wallets, but still trying to get some verification code from an exchange to buy.  My local supermarket has a BTC ATM that requires ID, would you personally bother with doing it that way?  And fuck coinbase!  They burned me once last year.
 

 

[2earls]

@bdz I was going to try an ATM service in the new year. I would like to find a faster alternative to Coinbase that a simpleton like me can use.

 

[Idaknowbetter]

You might want to check out edge wallet app, and use the LibertyX options on there. I have used the cash buy option mostly, it’ll eat 8%, so plan for that bite!

last purchase I used debit atm , so less covert for sure; but I’m not sure I like the transaction transparency on my debit account. It was convenient with more like a 6%fee. But I will probably stuck with the cash in the future. 
Any how, BTC was available immediately in both cases.

 

[Handsley]

If you are committing a crime in the United States, anything used to commit the crime can be confiscated by the DOJ, cars , houses, cash. And the money transfer services turn it over. Paypal freezes it too, very easy.  Don’t sell counterfeit goods and use Paypal to collect the money.  You can try to hire a lawyer to get it back but it’s better to turn it over and negotiate plea

 

[LunaLovegood]

@bdz @2earls If you decide to try using a local atm to buy bitcoin, I’d advise extreme caution. I got ripped off with like more than a 50% fee when I tried to use one. I don’t even know what % the fee was because it didn’t give me any warning ahead of time. Totally predatory IMO(somebody needs to tell Elizabeth Warren lol). I put in $200 and got like $120 in BTC. Spend $80 to get $120!!! I have since heard that Bitcoin ATMs are notorious for exorbitant fees, and don’t expect them to be honest and upfront about what they’re charging. After that raping, I wrote an email to the ATM company in question, basically saying what the fuck there must be some mistake who charges $80 to buy $120? And they basically told me “that’s how we roll so suck it up”. Granted, this is an extreme case. But BTC atms are sketchy, so be careful. Fees higher than 15% are de rigeur from what I’ve heard. 

I’m not saying don’t do it, just be careful and do your research in advance. And start with a small amount of $. I’m sure there are non-predatory atms, just a question of finding them. 

 

[LunaLovegood]

I mean the ATM company actually told me “Bitcoin ATMs commonly charge up to 40% fees”. Which is in itself ridiculous to the point of being offensive. But I got charged well over 40% for reasons unknown, and they wouldn’t even look into it. Pretty sketchy/unsavory business practices. I’m guessing it just isn’t regulated much, so it’s a Wild West kind of situation. Now I just use Coinbase and Coinmama. 

 

[bdz]

I mean the ATM company actually told me “Bitcoin ATMs commonly charge up to 40% fees”. Which is in itself ridiculous to the point of being offensive. But I got charged well over 40% for reasons unknown, and they wouldn’t even look into it. Pretty sketchy/unsavory business practices. I’m guessing it just isn’t regulated much, so it’s a Wild West kind of situation. Now I just use Coinbase and Coinmama. 

I appreciate your cautionary tale. Ouch!  My nearest BTC ATM has mostly Spanish instructions on it, even though that demographic is only a fraction of the diverse shoppers at that store, so I felt alienated just passing it, even if I can read Spanish, just takes longer and more effort.  Maybe I’ll further investigate Coinmamma.  Thanks for sharing.

 

[INFINITeXpRESS]

@LunaLovegood that's insane. Do you remember which one? There are one two I know of that are even worth using. The rest you mine as well just throw money in the road 

 

[INFINITeXpRESS]

@bdz with anything here along these lines I would never use those services ever again. Hasn't been safe in years 

 

[INFINITeXpRESS]

@2earls there are plenty of us to help explain it better. Need only ask

 

[Isaislosingit]

I see warnings about using mg/wu but the sy/email vendors seem to only accept that. 
 

I was hoping to find a way to pay without having to go into a store but I can’t seem to do them online either. 

 

[dartelo1999]

I just had a moneygram account suspended and access revoked after sending a payment. a day later and no response from moneygram about the case that i started.  wtf, does it sound like a DOJ seizure of funds? What will happen in this case?

 

[Benzoking.com]

I'm not enligble for a cash app account, but this is said t work if you want to buy crypto using it:

https://benzoking.com/buy-bitcoins-using-cash-app/