would you use a credit card to buy a coin from some one off the street

ether a stranger or even some one you trust

 

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A stranger no , but someone I trust I would . I'd wouldn't buy off of a stranger as one would never know if the coin was hot , plus I don't trust the new swipe your card technology for regular people .

 

I wouldn't buy a coin from a stranger off the street, period, so definitely not.

 

yeah i dont realy trust it ether the paypal here app lets you even take a picture of the card. (dosent let you save it tho) some ones bound to make a keylogger type thing for android.

I braught this up because when i got my paypal debit card i use at atms. i got a flyer for a free reader. and it came in the mail today and was messing around with it to see how it works. its a cool ideal but unsecure.

i wonder if drug dealers know about this

 

talking cregslist etc

 

it depends how long it has been laying on the street, and what condition it is in. It would probably have some kind of damage.

 

Well, I'd still prefer to pay cash.

 

lol
i got it cus it was free

the app does make you turn on gps when swiping a card so the transaction is location stamped

 

Heck I really don't see what good that does , I'd know where I bought it so the location is already known . I just want to make sure my information is safe . About Craigslist , I 've never used it before so I wouldn't buy a coin on it . Is it regulated in any way ? Are there safeguards there for the buyer like at paypal ?

 

nope

 

Nope. I have seen people at flea markets with the machine attached to their phones.

 

i wouldnt .... its just me

i would either have the cash in hand or not ....

 

well if any one wants one to mess with for free https://www.paypal.com/webapps/mpp/credit-card-reader


also allows you to sorta scan the card using your camera or enter the card manualy

as well as get payed from some one elses pay pal to yours using the app and theres a bank check option for checks but not sure how to use it

 

only if I felt like losing money

 

Or my shirt, or my identity.

 

Works in very few countries only. Another option would be this system http://www.izettle.com/ which is geographically limited too, but it would work for me. (Currently iZettle sells a kit for small merchants and even consumers that costs about €15 but comes with a €20 voucher.) And no, I would not use my card in such an environment - but for a different reason: I will not buy expensive coins "off the street", and a piece that costs €5 or so I can buy using cash.

Now at a coin show I may well use my credit card with such a mobile reader. After all, while the seller may be "unknown" (to me), I would at least know the name and address of the business ...

Christian

 

On the street, never.

 

I never turn on GPS.

 

I sure would. There's no liability with credit cards. If it gets stolen I would just call the credit card company and get a new card and have the charges taken off.