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Topic: 3 ways to grow more bitcoins and ways to lose it - page 2. (Read 2253 times)

hero member
Activity: 2870
Merit: 574
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It is not necessarily "taboo", just illogical. You are mixing two methods of payment, one reversible and the other one not. Especially when charging a 15% Markup.

No one in their right mind will pay almost $100 more for a bitcoin. This will only encourage scams.

Bitcoin and paypal is different pay methods on line. Growing bitcoin is more easy. People can start with working on signatures campaign. It can be a little amount of capital on trading.

not just signatures campaign but yes its a free source to make bitcoin and the other to make bitcoin grow is to lending your bitcoin into market exchanger for some limit time.
hero member
Activity: 672
Merit: 500
It is not necessarily "taboo", just illogical. You are mixing two methods of payment, one reversible and the other one not. Especially when charging a 15% Markup.

No one in their right mind will pay almost $100 more for a bitcoin. This will only encourage scams.

Bitcoin and paypal is different pay methods on line. Growing bitcoin is more easy. People can start with working on signatures campaign. It can be a little amount of capital on trading.
hero member
Activity: 1022
Merit: 538
xcoins.io...... The site seems super fishy and I definitely don't recommend using it. Just stick to the major sites like Localbitcoins and Coinbase. 15% markup? Who would even buy Bitcoin at that price?
hero member
Activity: 1428
Merit: 506
There are ways to grow your bitcoins:
1.Invest in Trading
2.Sell your bitcoins with interest
3.Gamble your bitcoin
Invest bitcoin in trading is the best way to grow your
bitcoins. Were you can gain profit
Sell your bitcoins with interest, for sure youll
gonna earn profir and will grow your bitcoin.
The easiest way to lose your bitcoins is to gamble
in dice site. You'll gonna lose some youll gonna
win some bitcoin.
legendary
Activity: 2898
Merit: 1823

I am particularly interested in point 3. Isn't using Paypal with bitcoins a taboo? Has anyone tried the site?

https://steemit.com/bitcoin/@jellytail/3-ways-to-grow-your-bitcoins-or-3-ways-to-lose-your-bitcoins

Quote
3. Sell your Bitcoins with a 15% mark-up on xCoins.io

xCoins.io is a site that was launched in June with  positive reviews. The controversy with this site is that it uses Paypal as its payment processor. xCoins is a middle man that connects buyers and sellers with the former who seeks to buy bitcoins with Credit card or Paypal -- at a 15% markup price. The sellers will receive the proceeds in their Paypal account. Many readers are very likely to disapprove this site because it is using Paypal as the main mechanism for fund transfer since Paypal transactions are reversible by scammers.




If you really want to sell your Bitcoins at a more premium price than what the current market is offering then you should use localbitcoins.com. You yourself can choose which payment methods to use and you can even choose to meet up with the one you are transacting with to meet in person. The service allows and gives you the opportunity to act as your own exchange.
newbie
Activity: 44
Merit: 0
use your bitcoins to buy low and sell high
legendary
Activity: 3500
Merit: 6981
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It is not necessarily "taboo", just illogical. You are mixing two methods of payment, one reversible and the other one not. Especially when charging a 15% Markup.

No one in their right mind will pay almost $100 more for a bitcoin. This will only encourage scams.
I am in my right mind most of the time, and yet I've still used wesellcrypto.com, which has a huge markup.  I don't do it often, just when I feel the overwhelming need to own bitcoin at that moment.  Strange how that feeling comes upon me sometimes.  I don't see any conflict with bitcoin and PayPal, except with the 100s of scammers on this forum who try to use PayPal's reversible nature to their advantage.  They're both very good payment methods in my opinion.
hero member
Activity: 938
Merit: 500
This looks like another selp promotion thread, anyway why would we pay 90 dollars extra to get bitcoin with paypal? I do buy and sell my bitcoins with a fixed ammount, being 1 btc or even 2 btc i pay the same to the buyer/seller. Atleast i do believe the fee taken is enought for both of us.
legendary
Activity: 954
Merit: 1000
This just seems to be another one of those advertisements for a website. For profits you can just become a trader on localbitcoins and sell it with a profit to earn some quick money.

If that method worked, the site owner would probably be doing it himself.
sr. member
Activity: 280
Merit: 250
Best way to earn bitcoin is using bitcointalk signature campaign. Many of my friends usages and they earn huge amount another way is to use faucet of various sites and also Google for bitcoin free giveaway. If you have money then invest in trading sites and start trading with various coins.
hero member
Activity: 1106
Merit: 521
I have been stung a few times by Paypal and now wouldnt touch them with a barge pole, thanks for the heads up on that one, not that i would have been buying bitcoin at a 15% markup anyway, that is just robbery, what sort of business model is that anyway.........  Huh
legendary
Activity: 2870
Merit: 7490
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Their article is a joke, i think they should say "3 ways to "donate" your Bitcoins or 3 ways to lose your Bitcoins?" instead.

Even they say they can reduce the risks, it doesn't mean it will happen to user there Roll Eyes
Investment and bitcoin lending are also known as heaven for scammer, as well.
legendary
Activity: 840
Merit: 1000
Well to earn bitcoin you will need patience and will to make money. Making money is not a easy task if requires lot of patience and none of my friends loves that. But now I am helping guy that how to develop patience in mind and control in hands.

To earn bitcoin you can choose trading(highly recommended) , gambling (not at all recommended) , investing(recommended if the site is legit and proof of payment)

To loose bitcoin go to gambling site and lose your money because gambling sites are designed in such a way user will lose more than to earn.

In gambling only house will win and you cannot expect any profits in long run, so its better to stay away from it and to grow them I don't see any other better option then trading.
legendary
Activity: 1302
Merit: 1037
I remember Paypal has a 3 month chargeback window period.

Anything can happen within the 3 months and buyer could play punk.

I filed a chargeback with paypal over miningsweden but it was ruled against me because probably i did not do it correctly.


so the solution is hire an escrow and ask him to hold your funds till 3 months.. when the paypal chargeback period end then release the funds to the exchangers. this is the best choice I can consider. other wise dealing with paypal can cause you 100% loose. (unless the buyer is known and trusted person)
member
Activity: 112
Merit: 10
Well to earn bitcoin you will need patience and will to make money. Making money is not a easy task if requires lot of patience and none of my friends loves that. But now I am helping guy that how to develop patience in mind and control in hands.

To earn bitcoin you can choose trading(highly recommended) , gambling (not at all recommended) , investing(recommended if the site is legit and proof of payment)

To loose bitcoin go to gambling site and lose your money because gambling sites are designed in such a way user will lose more than to earn.
yes patience is need for this as well as hard work. Because it is one of the most important behavior in earning money. No hard work, no money!

earning bitcoin have many ways to grow more and many ways to lose it. And i agree the statement above  Smiley
full member
Activity: 238
Merit: 100
Well to earn bitcoin you will need patience and will to make money. Making money is not a easy task if requires lot of patience and none of my friends loves that. But now I am helping guy that how to develop patience in mind and control in hands.

To earn bitcoin you can choose trading(highly recommended) , gambling (not at all recommended) , investing(recommended if the site is legit and proof of payment)

To loose bitcoin go to gambling site and lose your money because gambling sites are designed in such a way user will lose more than to earn.
sr. member
Activity: 336
Merit: 250
I do not want to try anymore new sites.  It is hard to tell if it is just a trap for another scam site.  Paypal is good because I was able to transfer money or pay someone without fees.  It is just sad that they do not have strict rules on reversing payment. 
legendary
Activity: 1372
Merit: 1032
All I know is that I know nothing.
is this a clear advertisement (self promotion) or what Cheesy

and what about that site you are quoting about? the xCoins i have never hear about it. is it another place for the paypal scammers to gather around and do charge backs on irreversible bitcoin transactions?
hero member
Activity: 756
Merit: 520
I had experience with selling BTC with PayPal but that was with one trusted seller I know and had previous experience. Otherwise I wouldn't recommend this because of possible chargeback. But of course, there wasn't any word mentioning paying for Bitcoin because PayPal doesn't support that and you might end with your account suspended.

It all depends on what we do and we assure. When we are sure that it can give you an advantage, then I'm sure he got all the things that will give you what he's thinking. This depends on the viewpoints and also how they attempt to do so.
legendary
Activity: 2912
Merit: 1068
WOLF.BET - Provably Fair Crypto Casino
I had experience with selling BTC with PayPal but that was with one trusted seller I know and had previous experience. Otherwise I wouldn't recommend this because of possible chargeback. But of course, there wasn't any word mentioning paying for Bitcoin because PayPal doesn't support that and you might end with your account suspended.
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