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Topic: Best way to buy bitcoins with paypal? (Read 4203 times)

legendary
Activity: 2506
Merit: 1010
October 25, 2012, 08:19:38 PM
#35
What's the deal with VirWox ? Do you need to actually have an account on second life to do the PP > L$ > BTC trick ?

No, I don't believe you need to have or validate a second life avatar in order to buy L$ with PayPal, nor to trade them for BTC.

[Edit: Instructions here:
It also shows that you don't need to confirm the avatar.
 - http://www.scribd.com/doc/110005258/Buy-Bitcoin-via-Paypal-Paysafecard-Credit-Card-Ukash ]
newbie
Activity: 4
Merit: 0
October 25, 2012, 08:11:24 AM
#34
What's the deal with VirWox ? Do you need to actually have an account on second life to do the PP > L$ > BTC trick ?
newbie
Activity: 25
Merit: 0
October 25, 2012, 08:05:28 AM
#33
I'm just not sure why some people are so set on PayPal.
An alternative that's more generally accepted is Dwolla (or depending on where you have your checking account there are other alternatives).



If you've got funds in a Dwolla account, you might as well use MtGox.  It's a piece of cake once you get the funds to Dwolla.
Can I upload funds to dwolla straight from my Card?

Nope, only bank transfer to dwolla.
Thanks. Is there are any comission to transfer from dwolla to Gox? BTW I have read that dwolla was attacked and hacked in past, so is it safe?
legendary
Activity: 1330
Merit: 1000
Bitcoin
October 24, 2012, 10:43:53 PM
#32
I'm just not sure why some people are so set on PayPal.
An alternative that's more generally accepted is Dwolla (or depending on where you have your checking account there are other alternatives).



If you've got funds in a Dwolla account, you might as well use MtGox.  It's a piece of cake once you get the funds to Dwolla.
Can I upload funds to dwolla straight from my Card?

Nope, only bank transfer to dwolla.
legendary
Activity: 1330
Merit: 1000
Bitcoin
October 24, 2012, 10:43:21 PM
#31
I'm just not sure why some people are so set on PayPal.
An alternative that's more generally accepted is Dwolla (or depending on where you have your checking account there are other alternatives).



If you've got funds in a Dwolla account, you might as well use MtGox.  It's a piece of cake once you get the funds to Dwolla.

this ^^
newbie
Activity: 25
Merit: 0
October 24, 2012, 10:23:42 PM
#30
I'm just not sure why some people are so set on PayPal.
An alternative that's more generally accepted is Dwolla (or depending on where you have your checking account there are other alternatives).



If you've got funds in a Dwolla account, you might as well use MtGox.  It's a piece of cake once you get the funds to Dwolla.
Can I upload funds to dwolla straight from my Card?
full member
Activity: 126
Merit: 101
October 24, 2012, 10:19:27 PM
#29
I'm just not sure why some people are so set on PayPal.
An alternative that's more generally accepted is Dwolla (or depending on where you have your checking account there are other alternatives).



If you've got funds in a Dwolla account, you might as well use MtGox.  It's a piece of cake once you get the funds to Dwolla.
newbie
Activity: 8
Merit: 0
October 24, 2012, 09:48:13 PM
#28
I used virwox.com and it worked out about £9 a coin with Paypal.
BCB
vip
Activity: 1078
Merit: 1002
BCJ
October 24, 2012, 03:41:38 PM
#27
PM to purchase. I do require verification.
legendary
Activity: 1540
Merit: 1029
October 24, 2012, 03:39:06 PM
#26
Not many people are willing to sell bitcoins through paypal. It has a horribly bad track record of being scammed.
newbie
Activity: 25
Merit: 0
October 24, 2012, 10:33:43 AM
#25
bump
donator
Activity: 1218
Merit: 1079
Gerald Davis
April 12, 2012, 10:47:44 AM
#24
There should be a special paypal transaction, where the user agrees that there cannot be a chargeback. I refuse all paypal transactions as seller and always want paypal as buyer Cheesy

Another huge problem are those stupid fees of 3% as a seller

Can't because Paypal is simply a front for CC.  If a paypal account is hacked and the hacker uses it to purchase $20,000 in a no-chargeback tx (possibly to himself) do you think a) the customer is just going to say "oh well guess I have a $20,000 CC bill" or b) Paypal says "guess we eat $20K"?

The entire credit card model is based around no personal responsibility (except by merchants who take the cost/weight of all fraud).  You can't build an entire economic system w/ no responsibility and then at the highest level make it irreversible.

If you want irreversible tx it needs to be irreversible from the ground up.
newbie
Activity: 13
Merit: 0
April 12, 2012, 10:43:48 AM
#23
There should be a special paypal transaction, where the user agrees that there cannot be a chargeback. I refuse all paypal transactions as seller and always want paypal as buyer Cheesy

Another huge problem are those stupid fees of 3% as a seller
newbie
Activity: 56
Merit: 0
April 11, 2012, 07:12:19 PM
#22
casascius
 
    PM sent...
vip
Activity: 1386
Merit: 1140
The Casascius 1oz 10BTC Silver Round (w/ Gold B)
April 11, 2012, 06:55:11 PM
#21
I don't know - I just recently noticed that only the smaller denominations are for sale at Memory Dealers.  I know PayPal threw a fit, but haven't heard if the credit card companies threw a fit too, or if there were recent problems I haven't heard about (fraud, etc.)
newbie
Activity: 7
Merit: 0
April 11, 2012, 05:13:13 PM
#20
What if the Best way of buying Bitcoins... is with Bitcoins?

Buy Bitcoins with Bitcoins at casascius.com!

Hey casascius,
How do you or your partners handle the risk associated with buying your coins via paypal or credit card? Is it because the goods are tangible and must be shipped that the risk is lower?
newbie
Activity: 56
Merit: 0
April 11, 2012, 04:42:33 PM
#19
Hey guys, im just wondering whats my best way to buy bitcoins with paypal. Do I have to convert paypal to another currency or what ?

You would have to send whatever currency the seller wanted... As an fyi, not too many people are keen on doing paypal for btc since there is a massive risk of charge back. That being said, there are always people that are willing to take the risk

I saw some ebay auctions for bitcoin but the margin is quite high.  i suspect the risk of charge back is the reason
newbie
Activity: 56
Merit: 0
April 10, 2012, 10:54:15 PM
#18
I know, am I right? I am a genius! Please send tips to 16ET6C6Y1qHewjjZkg3MfjqTPRxZYKWPth

Great, another online beggar.


Despite the sarcasm, it's still the newbie board bro. Have some more coffee Wink
vip
Activity: 1386
Merit: 1140
The Casascius 1oz 10BTC Silver Round (w/ Gold B)
April 10, 2012, 04:57:50 PM
#17
What if the Best way of buying Bitcoins... is with Bitcoins?

Buy Bitcoins with Bitcoins at casascius.com!
donator
Activity: 112
Merit: 10
keybase.io/arblarg
April 09, 2012, 03:16:50 AM
#16
very hard to find a paypal bitcoin seller, especially if you are new.
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