Author

Topic: best way to trade bitcoin for usd (Read 1265 times)

newbie
Activity: 55
Merit: 0
March 01, 2014, 11:03:04 AM
#17
this person wants to use paypal only--  how about an escrow account and wait 45 days so a chargeback will no longer work?

No reasonable person will wait 45 days to receive their bitcoins.

 Agree! it is really easy to arrange a meeting as BurtW has advised than wait 45 days) it's maybe good if you are far from each other and it's too hard to arrange meeting.
member
Activity: 97
Merit: 10
March 01, 2014, 10:40:27 AM
#16
I heard MtGox is the quickest and most secure way to get rid of your Bitcoins.
rotflmao
full member
Activity: 163
Merit: 100
February 28, 2014, 07:14:42 AM
#15
I'd say LocalBitcoins for a face to face cash transaction. Meet somewhere safe like a Cafe, Library etc
full member
Activity: 238
Merit: 101
February 28, 2014, 01:37:04 AM
#14
sounds like a scam.

don't use paypal for receiving money.

even if someone seems trustworthy, they have up to a year to take back their paypal "money". you don't know if their morals or circumstances can change during that time. they might get desperate.

PayPal them self, wont protect the Buyer on Digital Items.

  THATS the reason allot of Scammers are selling Bitcoin via PayPal, because they know PayPal will not protect the buyers at all. 

Those who used a Credit Card via PayPal, then they have the option to do a Chargeback via their Credit Card Companies.


Read this, its a personal experience being scam by a Seller selling Bitcoin.

https://bitcointalksearch.org/topic/scammer-alert-wwwusflnecom-l-bitcoin-498-norton-verisign-protect-send-btc-i-463092
sr. member
Activity: 392
Merit: 250
http://casinobitco.in/ A+ customer support
February 28, 2014, 01:32:08 AM
#13
sounds like a scam.

don't use paypal for receiving money.

even if someone seems trustworthy, they have up to a year to take back their paypal "money". you don't know if their morals or circumstances can change during that time. they might get desperate.

i would use western union or similar and split the fees with them sending first, or with escrow.
full member
Activity: 238
Merit: 101
February 28, 2014, 12:57:57 AM
#12
If you want quick cash, let me know, I do allot of PayPal transactions, I pay BTC-e rates, also we could use escrow.ms or tomocat


Wallet:   1JFyMzdUGFmBbYAQkG92xUmDqkfvJtn4UL


Proof of activity of PayPal.
https://bitcointalksearch.org/topic/wtb-mtgox-btc-via-paypal-470414

Recent PayPal transaction's, all without escrow. Pure Trust.

https://bitcointalksearch.org/topic/not-selling-459248
https://bitcointalksearch.org/topic/im-needing-120-ud-in-paypal-470465
https://bitcointalksearch.org/topic/i-need-10-paypal-will-pay-bitcoin-bitstamp-rate-468706
https://bitcointalksearch.org/topic/wanted-load-a-hosting-account-with-100-in-exchange-for-btc-inc-escrow-490132
full member
Activity: 238
Merit: 101
February 28, 2014, 12:55:22 AM
#11
PayPal is very risky, you should only do it with trusted members.    >>  Like me.


PayPal policies will prevent the buyer to issue a dispute for Digital Items, but PayPal might suspend your account when or IF a dispute is initiated. PayPal doesn't like Bitcoin.

Also the buyer could do a charge back using its Credit Card company vs PayPal dispute.
legendary
Activity: 4466
Merit: 3391
February 28, 2014, 12:24:40 AM
#10
this person wants to use paypal only--  how about an escrow account and wait 45 days so a chargeback will no longer work?

No reasonable person will wait 45 days to receive their bitcoins.
newbie
Activity: 28
Merit: 0
February 27, 2014, 09:50:35 PM
#9
I heard MtGox is the quickest and most secure way to get rid of your Bitcoins.
newbie
Activity: 34
Merit: 0
February 27, 2014, 09:36:43 PM
#8
best way is in person, in public. Do it at a library. Watch the transaction occur, make your exchange (coin or fiat), and walk away happily. No fees.
legendary
Activity: 2646
Merit: 1137
All paid signature campaigns should be banned.
February 12, 2014, 08:44:28 AM
#7
this person wants to use paypal only--  how about an escrow account and wait 45 days so a chargeback will no longer work?
Chargebacks can occur after 45 days.

Best option is a face to face exchange of cash for BTC using localbitcoins.com
sr. member
Activity: 406
Merit: 250
February 12, 2014, 08:39:14 AM
#6
If they want to use Paypal only, then you'll get scammed.   Best use a local face to face or an exchange.
sr. member
Activity: 260
Merit: 250
February 12, 2014, 07:54:52 AM
#5
this person wants to use paypal only--  how about an escrow account and wait 45 days so a chargeback will no longer work?
full member
Activity: 182
Merit: 100
February 12, 2014, 12:35:42 AM
#4
Coinbase is the best one I think.
sr. member
Activity: 406
Merit: 250
February 11, 2014, 02:19:56 PM
#3
Another is an exchange.  Atomic-Trade is new but has a FinCen # and located in the US.   Just not much volume on it at the moment.

 https://www.Atomic-Trade.com

hero member
Activity: 504
Merit: 500
February 11, 2014, 01:09:38 PM
#2
Coinbase will direct deposit into your bank acct, or sell locally with localbitcoins.  Those are the 2 best options in my opinion
sr. member
Activity: 260
Merit: 250
February 11, 2014, 12:39:37 PM
#1
I heard paypal  often charge back usd  when scammers  take coins with no intention of paying -- any alternative?
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