Liberty Reserve gone.What now?

APHEX

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• May 26, 2013

• #1

Hi, I'm relatively new to this market, but I have been told that Liberty Reserve is the preferred payment platform. I went to set up an account and found the site to be down. It seems that Liberty Reserve has been shut down after the founder was arrested. This is probably old news to a lot of you, however I was wondering whether it'd be suitable to use PP for transactions again?

Thanks, derp.

 

Simple

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• May 26, 2013

• #2

Wasn't it because he was allowing money for child pornography and drugs and shit?

 

APHEX

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• May 27, 2013

• #3

Yeah it was. It was only a tiny minority of LR users though. Its really shitty because some people have lost around 50K which they earnt legitimately.

 

Andy

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• May 27, 2013

• #4

Paypal will never be a good payment option because it's so easy to charge back, There still are other payment options such as Western Union, BitCoin, Bankwire, Moneygram and MoneyPak.

 

Living

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• May 27, 2013

• #5

Bitcoin is a great alternative to LR.

 

APHEX

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• May 27, 2013

• #6

Hm. Okay, thanks guys! Is there any preference on FK? As I don't really want to get into BitCoins.

 

Ariana

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• May 27, 2013

• #7

I never really used LR, i have always used MP.

 

vvs

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• May 27, 2013

• #8

Optimus said:

Paypal will never be a good payment option because it's so easy to charge back, There still are other payment options such as Western Union, BitCoin, Bankwire, Moneygram and MoneyPak.

Click to expand...

MP is easier to take back than PP.. derp.

 

Ibz

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• May 27, 2013

• #9

I lost about $300 because of LR I'm going to start using bitcoins.