**URGENT** Bitcoins bought with Credit Cards

I'm a U.S. citizen living overseas, and I bought one Bitcoin yesterday and the seller insisted I pay for it using a US credit card in USD, saying the US Dollars would facilitate him buying more Bitcoins. So I used my VISA card and the agreed price of $930. was approved instantly. He sent my Bitcoin to my Wallet and everything was great!  Now, I woke up this morning to find the following email from him....
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Hi Dean!

I have a problem :(

The credit card processor closed my account because they think I am high risk for them. I read similar stuff on the internet that happened to different people in the US with their bank accounts when they used to deal with anything related to bitcoin. 

The processor gave me 2 options (email attached below):

1st - Wait 3 months to get my funds 

2nd - Issue you a refund and seek different payment option

I can't wait for my money 3 months, so I will issue you a full refund and kindly ask you if you can pay me cash or bank transfer for today's sale. 

Sorry for the trouble. Thank you very much. 

Peter

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I'm issuing this blog post today just as a precaution to others that may be considering using credit cards -- you may have your accounts blocked or closed.   I guess the credit card companies realize Bitcoins have the potential to take over their business and reduce eliminate all those billions in profits from credit card transaction fees, so they will give people that try to buy Bitcoins a hard time! 
 

If some other Bitcoiners find this site helpful or interesting, a small donation of Bitcoins will be appreciated! (even as little as .001) To this address: 

 18MdrcxiD27eV43q9seHyGkVvVPMw7j4j3  

And thanks in advance!