Post
Topic
Board Web Wallets
Re: Blockchain.info - Bitcoin Block explorer & Currency Statistics
by
Binford 6100
on 12/11/2012, 16:00:05 UTC
Hi Piuk,
I tried the 'phone deposit' and it works fine. I just had a wtf moment with "you can use this service max 3 times per month"
why's that, please?

Steal someones phone -> Buy lots of bitcoins -> Owner reports phone stolen -> Operator reverses transactions -> Owner gets money back -> Scammer keeps BTC -> We lose.

For this reason the amount you can purchase has to be heavily limited.

ok, I can follow your chain of thoughts but can't find out if the limit was imposed by you or the payment processor.
I can as well 'prove' it's my phone (have the PIN/PUK card that was issued with the SIM).
just want to dump 100+ pounds in that phone payment service because it's a prepaid SIM and I have no other use for it unless I can sell that card to someone else. nvmd. will set up a monthly reminder to get rid of it in tranches ...