any good bitcoin trader accepting PayPal? - page 4.

gagalady

legendary

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Quote from: lordscales91 on April 15, 2014, 02:13:50 PM

I took a look at some traders like BitStamp, but they require you to deal with bank accounts, the first time I read about the Bitcoin I was told that one of the advantages that it has over fiat currencies is that you don't need to deal with banks... So that statement isn't totally true due to the fact that if you want to purchase or sell bitcoins, you need to use a bank account, unless there is some LEGIT trader accepting Paypal.

Also I would like to the deal with the lower amount as possible, at least 1$.

If paypal find out that you sell/buy bitcoins with paypal they will suspend your account because it's against their rules. You could buy with paypal from individual trusted seller, im sure there are some just google them. Also don't include anything related with bitcoin in the message if you write anything.

apsvinet

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Quote from: mprep on April 16, 2014, 08:11:42 AM

Quote from: apsvinet on April 16, 2014, 08:08:12 AM

Quote from: mprep on April 16, 2014, 08:07:12 AM

Quote from: apsvinet on April 16, 2014, 08:05:52 AM

Quote from: mprep on April 16, 2014, 08:03:38 AM

Paypal and Bitcoin don't mix well. Paypal transactions can easily be disputed, while Bitcoin transactions are final. This brings in a lot of room for abuse. Now with the spreading rumors of mass account bans related to Bitcoin, I think it's not very wise to use Paypal and Bitcoin together.

Has anyone actually confirmed the Paypal "ban" on everything bitcoin related by the way?

Don't know, only noticed an influx of threads related to such. Best safe than sorry, right?

Oh yes definitely, I would avoid using PayPal. However rumors have been spread before that has hurt bitcoin somewhat and later on being proven false. Hopefully this one will too. But in the meantime it's best to avoid it I guess.

Actually, I've seen many cases, before the rumors, of accounts trading BTC<->PP getting banned/frozeb several days after a trade. I think Paypal regard Bitcoin as a payment method and exchanging from one payment method to another (if one of them is Paypal) is not allowed according to their TOS.

Ah alright, that actually makes sense.

mprep

global moderator

Activity: 3794

Merit: 2612

In a world of peaches, don't ask for apple sauce

Quote from: apsvinet on April 16, 2014, 08:08:12 AM

Quote from: mprep on April 16, 2014, 08:07:12 AM

Quote from: apsvinet on April 16, 2014, 08:05:52 AM

Quote from: mprep on April 16, 2014, 08:03:38 AM

Paypal and Bitcoin don't mix well. Paypal transactions can easily be disputed, while Bitcoin transactions are final. This brings in a lot of room for abuse. Now with the spreading rumors of mass account bans related to Bitcoin, I think it's not very wise to use Paypal and Bitcoin together.

Has anyone actually confirmed the Paypal "ban" on everything bitcoin related by the way?

Don't know, only noticed an influx of threads related to such. Best safe than sorry, right?

Oh yes definitely, I would avoid using PayPal. However rumors have been spread before that has hurt bitcoin somewhat and later on being proven false. Hopefully this one will too. But in the meantime it's best to avoid it I guess.

Actually, I've seen many cases, before the rumors, of accounts trading BTC<->PP getting banned/frozeb several days after a trade. I think Paypal regard Bitcoin as a payment method and exchanging from one payment method to another (if one of them is Paypal) is not allowed according to their TOS.

apsvinet

full member

Activity: 224

Merit: 101

Quote from: mprep on April 16, 2014, 08:07:12 AM

Quote from: apsvinet on April 16, 2014, 08:05:52 AM

Quote from: mprep on April 16, 2014, 08:03:38 AM

Paypal and Bitcoin don't mix well. Paypal transactions can easily be disputed, while Bitcoin transactions are final. This brings in a lot of room for abuse. Now with the spreading rumors of mass account bans related to Bitcoin, I think it's not very wise to use Paypal and Bitcoin together.

Has anyone actually confirmed the Paypal "ban" on everything bitcoin related by the way?

Don't know, only noticed an influx of threads related to such. Best safe than sorry, right?

Oh yes definitely, I would avoid using PayPal. However rumors have been spread before that has hurt bitcoin somewhat and later on being proven false. Hopefully this one will too. But in the meantime it's best to avoid it I guess.

mprep

global moderator

Activity: 3794

Merit: 2612

In a world of peaches, don't ask for apple sauce

Quote from: apsvinet on April 16, 2014, 08:05:52 AM

Quote from: mprep on April 16, 2014, 08:03:38 AM

Paypal and Bitcoin don't mix well. Paypal transactions can easily be disputed, while Bitcoin transactions are final. This brings in a lot of room for abuse. Now with the spreading rumors of mass account bans related to Bitcoin, I think it's not very wise to use Paypal and Bitcoin together.

Has anyone actually confirmed the Paypal "ban" on everything bitcoin related by the way?

Don't know, only noticed an influx of threads related to such. Best safe than sorry, right?

apsvinet

full member

Activity: 224

Merit: 101

Quote from: mprep on April 16, 2014, 08:03:38 AM

Paypal and Bitcoin don't mix well. Paypal transactions can easily be disputed, while Bitcoin transactions are final. This brings in a lot of room for abuse. Now with the spreading rumors of mass account bans related to Bitcoin, I think it's not very wise to use Paypal and Bitcoin together.

Has anyone actually confirmed the Paypal "ban" on everything bitcoin related by the way?

mprep

global moderator

Activity: 3794

Merit: 2612

In a world of peaches, don't ask for apple sauce

Paypal and Bitcoin don't mix well. Paypal transactions can easily be disputed, while Bitcoin transactions are final. This brings in a lot of room for abuse. Now with the spreading rumors of mass account bans related to Bitcoin, I think it's not very wise to use Paypal and Bitcoin together.

apsvinet

full member

Activity: 224

Merit: 101

Seems to be one of the parts in the bitcoiner's nature to hate paypal. And for good reasons. Most people here are very aware of risks when it comes to the internet and money, and therefore unlike any Common Joe avoids services like pay pal. Good look though.

shorena

copper member

Activity: 1498

Merit: 1528

No I dont escrow anymore.

Quote from: ljudotina on April 15, 2014, 02:47:13 PM

There are ppl selling BTC on Ebay...you can buy there with paypal.

Still easy to get scammed there.

If you want bitcoins without banks or paypal. Meet in person. Its strange I know, but people actually do that. Bring cash, bring a smartphone with a wallet and some time. Well you actually dont need a smartphone with a wallet, any way to check blockchain.info for your coins is fine.

https://localbitcoins.com/
https://bitcointalk.org/index.php?board=53.0

Exchanges are not the only way---

lordscales91

member

Activity: 61

Merit: 10

Quote from: Wusolini on April 15, 2014, 02:38:23 PM

Quote from: lordscales91 on April 15, 2014, 02:30:42 PM

Fraud is easy? Really? Why?

due to paypal payment can be canceled.

try specoin.com

but you should first find some good reference before buying anything.
I have no experience with them,

Is it so easy to cancel a Payment with PayPal? I didn't know about that, so you can easily cancel an already made payment just by clicking an option? That's not a good behaviour for a Payment Processor.

Kiki112

full member

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you can avoid using banks if you use localbitcoins.com

good luck Wink

ljudotina

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There are ppl selling BTC on Ebay...you can buy there with paypal.

Wusolini

legendary

Activity: 1190

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no need to carry heavy money bags anymore

Quote from: lordscales91 on April 15, 2014, 02:30:42 PM

Fraud is easy? Really? Why?

due to paypal payment can be canceled.

(Edit) DO NOT TRY specoin.com

but you should first find some good reference before buying anything.
I have no experience with them,

lordscales91

member

Activity: 61

Merit: 10

Fraud is easy? Really? Why?

odolvlobo

legendary

Activity: 4466

Merit: 3391

Fraud is easy with Paypal, so you will not see many people accepting it.

lordscales91

member

Activity: 61

Merit: 10

I took a look at some traders like BitStamp, but they require you to deal with bank accounts, the first time I read about the Bitcoin I was told that one of the advantages that it has over fiat currencies is that you don't need to deal with banks... So that statement isn't totally true due to the fact that if you want to purchase or sell bitcoins, you need to use a bank account, unless there is some LEGIT trader accepting Paypal.

Also I would like to the deal with the lower amount as possible, at least 1$.

Topic: any good bitcoin trader accepting PayPal? - page 4. (Read 2774 times)