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Topic: Buying bitcoins with paypal - page 2. (Read 5016 times)

legendary
Activity: 2506
Merit: 1010
December 22, 2011, 08:41:32 PM
#14
The reason you won't find many places to trade your PayPal for BTC is that Bitcoin trasnactions are non-repudiable ... the transaction cannot be either cancelled or reversed.

You might find a willing participant in the #Bitcoin-otc marketplace.  Here's the current order book:
  - http://bitcoin-otc.com/vieworderbook.php
  - http://bitcoin-otc.com
  - http://webchat.freenode.net/?channels=#bitcoin-otc-foyer (marketplace IRC Chat)

Additionally, you might find a party willing to trade in-person through one of the local exchanges, such as BTC Near Me, Bitcoin.local or Ubitex even:
 - http://en.bitcoin.it/wiki/Category:Local

If you are in the U.S., the easiest method nowadays is to deposit cash at a bank, as is offered by
 http://www.get-bitcoin.com (USD -> BTC exchange, 5% fee)
 and
 http://www.bitinstant.com  (for sending USD funds to TradeHill and Mt. Gox, 5% fee plus the trading fee at the exchange)
full member
Activity: 154
Merit: 102
Bitcoin!
December 22, 2011, 08:24:36 PM
#13
Virwox allows paypal. You buy linden dollars, and then with those buy bitcoin. It's not the cheapest, but it works.

ok, you use linden as emulsifier here.
I wonder who deals with the chargebacks in such tx.

Virwox charges a 2% fee when using paypal - which i guess is the "punishment" for using it.
Ill try using that method... will probably cost me a lot more though.
2(?)% for deposit, 2.50% to buy SLL, 1% to buy BTC, and 0.02 BTC to withdraw. And that is assuming virwox doesn't have a spread. (Hint: It does)

If you're in Europe I can sell you bitcoins for a SEPA transfer. Send me a PM if you're interested.
You forgot to add that you can only buy whole dollar amounts of Linden and you can only buy whole bitcoins, so you will be left with the change in USD and in Linden dollars in your virwox account.
hero member
Activity: 714
Merit: 504
^SEM img of Si wafer edge, scanned 2012-3-12.
December 22, 2011, 08:16:35 PM
#12
Virwox allows paypal. You buy linden dollars, and then with those buy bitcoin. It's not the cheapest, but it works.

ok, you use linden as emulsifier here.
I wonder who deals with the chargebacks in such tx.

Virwox charges a 2% fee when using paypal - which i guess is the "punishment" for using it.
Ill try using that method... will probably cost me a lot more though.
2(?)% for deposit, 2.50% to buy SLL, 1% to buy BTC, and 0.02 BTC to withdraw. And that is assuming virwox doesn't have a spread. (Hint: It does)

If you're in Europe I can sell you bitcoins for a SEPA transfer. Send me a PM if you're interested.
sr. member
Activity: 462
Merit: 250
December 22, 2011, 07:34:55 PM
#11
newbie
Activity: 13
Merit: 0
December 22, 2011, 07:15:57 PM
#10
Virwox allows paypal. You buy linden dollars, and then with those buy bitcoin. It's not the cheapest, but it works.

ok, you use linden as emulsifier here.
I wonder who deals with the chargebacks in such tx.

Virwox charges a 2% fee when using paypal - which i guess is the "punishment" for using it.
Ill try using that method... will probably cost me a lot more though.
sr. member
Activity: 462
Merit: 250
December 22, 2011, 06:50:13 PM
#9
Virwox allows paypal. You buy linden dollars, and then with those buy bitcoin. It's not the cheapest, but it works.

ok, you use linden as emulsifier here.
I wonder who deals with the chargebacks in such tx.
hero member
Activity: 714
Merit: 504
^SEM img of Si wafer edge, scanned 2012-3-12.
December 22, 2011, 06:44:54 PM
#8
Virwox allows paypal. You buy linden dollars, and then with those buy bitcoin. It's not the cheapest, but it works.
sr. member
Activity: 462
Merit: 250
December 22, 2011, 06:41:29 PM
#7
doesnt seem to work for me... "operations is unavaliable" I only wish to purchase a few bitcoins to test my payment gateway with... is there some kind of test network I can use instead (similar to paypals sandbox)?

bitcoin has/runs a fully working testnet, separate namespace for addresses, separate block chain
and gavin is giving away 50 testnet bitcoins per request (google testnet bitcoin faucet)
you can even mine there with the -testnet switch if you're patient enough

or you can run your local testnet bitcoin on localhost (google bitcoin testnet in a box, a thread in this forum)

not sure if you find any exchange from paypal to bitcoin. they do not mix well (like water and fat)
newbie
Activity: 13
Merit: 0
December 22, 2011, 06:29:18 PM
#6
are you running the bitcoin client in server mode?
append -server to bitcoin-qt.exe or just run bitcoind.exe (im assuming your using windows)
newbie
Activity: 14
Merit: 0
December 22, 2011, 06:14:39 PM
#5
um i not sure
oh can you help me with mine Cheesy? when i load guiminer and type in everything i get problem communication with bitcoin RPC
newbie
Activity: 13
Merit: 0
December 22, 2011, 06:08:41 PM
#4
doesnt seem to work for me... "operations is unavaliable" I only wish to purchase a few bitcoins to test my payment gateway with... is there some kind of test network I can use instead (similar to paypals sandbox)?
newbie
Activity: 13
Merit: 0
December 22, 2011, 06:03:26 PM
#3
yes I am (or I was... I have an Nvidia card and was only pulling 50mh/s so decided to stop mining...) Ill try and help, what is the problem?
newbie
Activity: 14
Merit: 0
December 22, 2011, 05:54:26 PM
#2
try this site https://www.wm-center.com/ so far that the only paypal <------>bitcoin i can find :|
just a question are you using guiminer cause i need help :\
newbie
Activity: 13
Merit: 0
December 22, 2011, 05:47:28 PM
#1
Is there any bitcoin currency exchanges that allow me to purchase bit coins with paypal as it is my preferred way of shopping online, I have looked for some exchanges however they only allow withdraws to paypal rather than deposits.

Thanks in advance.
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