Author

Topic: Bitcoin Mining & Paypal (Read 645 times)

newbie
Activity: 35
Merit: 0
October 19, 2017, 09:00:53 AM
#14
sometimes the questions on this site make my brain hurt



hmmmmm because hardware toool is just a commodity?



My ask only if PP not allow to Direct exchange Between Bitcoin to paypal why allow Sell Bitcoin hardware (which used to make bitcoin) like

Allow farmers to grow cannabis but Banned others to Smoke cannabis
hero member
Activity: 1190
Merit: 504
October 13, 2017, 03:37:46 AM
#13
you can buy Bitcoin Mining Hardware tools throw paypal but why can’t buy bitcoin by paypal


is this logical Huh?
Throw or through? I understand the logic what are you trying to say but to correct you we can buy bitcoin through PayPal. You can use virwox with your PayPal funds if you want to have some bitcoin.



You can buy Bitcoin through Paypal I have seen people selling BTC for PP on here, although many people don't like to trade for PP due to the chargeback issues there are exchanges which allow you to buy via Paypal as well depends on your country.

Yes we can buy also through the people here on forum who are selling their bitcoin for PayPal funds so I got your logic but maybe he isn't just aware of what he's asking about PayPal funds for bitcoin.
sr. member
Activity: 770
Merit: 252
October 13, 2017, 03:30:26 AM
#12
You can buy Bitcoin through Paypal I have seen people selling BTC for PP on here, although many people don't like to trade for PP due to the chargeback issues there are exchanges which allow you to buy via Paypal as well depends on your country.
hero member
Activity: 2912
Merit: 541
Leading Crypto Sports Betting & Casino Platform
October 13, 2017, 12:53:30 AM
#11
you can buy Bitcoin Mining Hardware tools throw paypal but why can’t buy bitcoin by paypal


is this logical Huh?

i think its logical for paypal because paypal makes something for buyer and seller to become easy to make transaction and the stuff that is selling by paypal is integrate with the system. but for people which want to buy bitcoin with paypal, i think paypal is not ready to make integration with the system. but soon after paypal integrate their system with blockchain, i think we can buy bitcoin with paypal.
legendary
Activity: 1470
Merit: 1079
October 13, 2017, 12:39:10 AM
#10
you can buy Bitcoin Mining Hardware tools throw paypal but why can’t buy bitcoin by paypal


is this logical Huh?

From PayPal's perspective, it is logical, buying a physical item is different from using their service to operate as a currency exchange which is against their terms.

Quote
You may not use the PayPal service for activities that involve currency exchanges or check cashing businesses.

So according to this policy, selling of Bitcoin comes under currency exchange business.

https://www.paypal.com/us/webapps/mpp/ua/acceptableuse-full#prohibited-activities
hero member
Activity: 924
Merit: 511
October 12, 2017, 11:59:22 PM
#9
you can buy Bitcoin Mining Hardware tools throw paypal but why can’t buy bitcoin by paypal


is this logical Huh?
The paypal and bitcoin have a vast differance on buying and spending between shops and individuals.
While buying with paypal requires fully verified account and the buyer has power of cahrge back over individual payments.
On the other side, bitcoin is anonymous,leaves no identification behind its transactions. That's why paypal does not allow us to exchange with cryptocurrency.
newbie
Activity: 34
Merit: 0
October 12, 2017, 02:54:42 PM
#8
You can buy Bitcoin via PayPal. You will not get the best exchange rate.

Companies that provide this service is Localbitcoins, Paxful, Paybis and Virwox

Read more about it here: http://www.cryptocoinzone.com/2017/08/buy-bitcoin-paypal/
hero member
Activity: 756
Merit: 500
October 12, 2017, 01:40:31 AM
#7
you can buy Bitcoin Mining Hardware tools throw paypal but why can’t buy bitcoin by paypal


is this logical Huh?
Paypal is a payment method and as much as you can pay someone or a company via paypal to purchase a mining gadget is the same way you can pay someone on localbotcoin or even use paxfu to purchase bitcoin via paypal. Even on this forum, there are so many people who can send you bitcoins in exchange via payment using paypal. So, I do not understand the basis of your question and please you guys should make use of the internet rather than posting shitty things like this here on this forum (no offence)
legendary
Activity: 3122
Merit: 2178
Playgram - The Telegram Casino
October 10, 2017, 11:53:43 AM
#6
you can buy Bitcoin Mining Hardware tools throw paypal but why can’t buy bitcoin by paypal


is this logical Huh?

Miners are physical, Bitcoin is virtual. PayPal has a negative stance towards virtual goods in general, not just crypto-currencies. Possibly due to legal reasons, with the trade of physical goods having a more clear-cut legal framework than virtual goods.
hero member
Activity: 756
Merit: 560
October 10, 2017, 11:01:35 AM
#5
sometimes the questions on this site make my brain hurt
hero member
Activity: 602
Merit: 500
October 10, 2017, 10:58:23 AM
#4
you can buy Bitcoin Mining Hardware tools throw paypal but why can’t buy bitcoin by paypal


is this logical Huh?

Never had an issue buying Bitcoin with any form of payment, including PP. Maybe it is something in your country, PP has weird polices and blockers. The USA is fine as paint for using PayPal for BTC, I never do that, but the option is there if I choose, as well as hundreds of other options.
member
Activity: 66
Merit: 10
October 09, 2017, 03:27:00 AM
#3
hmm intriguing question  Grin perhaps because paypal is also digital currencies which is already approved worldwide in centralized system, yet bitcoin don't.
And paypal doesn't or don't want to take risk by receiving payment in bitcoin because not much country is admitted and receiving bitcoin as payment currencies.
Not to mention the price of bitcoin that keeps up and down.
member
Activity: 102
Merit: 10
October 09, 2017, 12:20:05 AM
#2
hmmmmm because hardware toool is just a commodity?
newbie
Activity: 35
Merit: 0
October 08, 2017, 01:27:40 PM
#1
you can buy Bitcoin Mining Hardware tools throw paypal but why can’t buy bitcoin by paypal


is this logical Huh?
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