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Buy BTC from tocomment Inc with credit card. If in 5 1/2 months the price of Bitcoin is lower, issue a chargeback and take no loss. If the price is higher, do n

by wilfra 13y ago

Buy BTC from tocomment Inc with credit card. If in 5 1/2 months the price of Bitcoin is lower, issue a chargeback and take no loss. If the price is higher, do not issue a chargeback and take the profit. Sounds like a bad deal for tocomment Inc.

tocomment 13y ago
Very good point! I still think there's got to be a solution to selling bitcoins without so much overhead.
wmf 13y ago
This could be "fixed" by holding USD for 6 months and then converting it to BTC, but it's still fairly pointless.