Author

Topic: (Cheap) Seliing my btc for paypal (Read 494 times)

newbie
Activity: 4
Merit: 0
August 20, 2015, 12:50:50 PM
#11
I appreciate the person warning you against Paypal, however, they fail to remember that everyone starts out as a new user. I made an account because I was tired of using Coinbase and coin.mx . I would be willing to use a site other than Paypal if they felt it was safer.

You can't go around being suspicious of every person you meet. Not all of us are trying to scam, some of us are just trying to do honest business.
a lot of "new users" are not actually new users but are rather throwaway accounts of scammers that will get abandoned once the PayPal is charged back.

You are correct that everyone starts out as a new user, however before it would be a good idea to accept a reversible payment method from a user, they should first build up a solid history of trading honestly with other users.

The only time I would ever consider accepting PayPal for Bitcoin is if I needed to buy something online that does not accept Bitcoin and only for small amounts (~$100) and only from reputable members that have an extensive trading history of being trusted by others with larger amounts.

So I should build up my reputation with other users, even though you're telling people not to buy from new users? Who can I buy from then? You said so yourself that the way to build your reputation is to do honest transactions, but you're advising this person to not even give my account any thought because it's new. That's not fair. You cannot build up a trade history unless given enough chances.

Unless I'm misinterpreting your advice
You can do trades that involve you buying Bitcoin with cash and similar methods (eg bank deposit, western union, ect). These types of trades do not involve the other party needing to trust you because you cannot reverse a cash payment (and escrow can be used to protect both sides of the transaction).

Sure, if the OP would be interested in using something like Western Union or another service to do the transaction, I'd be more than willing to. I'm just looking for $60 worth; if that's too high then I'd be happy to come down to a more trusting rate. I've seen plenty of scams and have been scammed personally so I can understand taking precautions and am willing to bend to them.
copper member
Activity: 2996
Merit: 2374
August 20, 2015, 12:43:34 PM
#10
I appreciate the person warning you against Paypal, however, they fail to remember that everyone starts out as a new user. I made an account because I was tired of using Coinbase and coin.mx . I would be willing to use a site other than Paypal if they felt it was safer.

You can't go around being suspicious of every person you meet. Not all of us are trying to scam, some of us are just trying to do honest business.
a lot of "new users" are not actually new users but are rather throwaway accounts of scammers that will get abandoned once the PayPal is charged back.

You are correct that everyone starts out as a new user, however before it would be a good idea to accept a reversible payment method from a user, they should first build up a solid history of trading honestly with other users.

The only time I would ever consider accepting PayPal for Bitcoin is if I needed to buy something online that does not accept Bitcoin and only for small amounts (~$100) and only from reputable members that have an extensive trading history of being trusted by others with larger amounts.

So I should build up my reputation with other users, even though you're telling people not to buy from new users? Who can I buy from then? You said so yourself that the way to build your reputation is to do honest transactions, but you're advising this person to not even give my account any thought because it's new. That's not fair. You cannot build up a trade history unless given enough chances.

Unless I'm misinterpreting your advice
You can do trades that involve you buying Bitcoin with cash and similar methods (eg bank deposit, western union, ect). These types of trades do not involve the other party needing to trust you because you cannot reverse a cash payment (and escrow can be used to protect both sides of the transaction).
newbie
Activity: 4
Merit: 0
August 20, 2015, 12:37:32 PM
#9
I appreciate the person warning you against Paypal, however, they fail to remember that everyone starts out as a new user. I made an account because I was tired of using Coinbase and coin.mx . I would be willing to use a site other than Paypal if they felt it was safer.

You can't go around being suspicious of every person you meet. Not all of us are trying to scam, some of us are just trying to do honest business.
a lot of "new users" are not actually new users but are rather throwaway accounts of scammers that will get abandoned once the PayPal is charged back.

You are correct that everyone starts out as a new user, however before it would be a good idea to accept a reversible payment method from a user, they should first build up a solid history of trading honestly with other users.

The only time I would ever consider accepting PayPal for Bitcoin is if I needed to buy something online that does not accept Bitcoin and only for small amounts (~$100) and only from reputable members that have an extensive trading history of being trusted by others with larger amounts.

So I should build up my reputation with other users, even though you're telling people not to buy from new users? Who can I buy from then? You said so yourself that the way to build your reputation is to do honest transactions, but you're advising this person to not even give my account any thought because it's new. That's not fair. You cannot build up a trade history unless given enough chances.

Unless I'm misinterpreting your advice
copper member
Activity: 2996
Merit: 2374
August 20, 2015, 12:30:04 PM
#8
I appreciate the person warning you against Paypal, however, they fail to remember that everyone starts out as a new user. I made an account because I was tired of using Coinbase and coin.mx . I would be willing to use a site other than Paypal if they felt it was safer.

You can't go around being suspicious of every person you meet. Not all of us are trying to scam, some of us are just trying to do honest business.
a lot of "new users" are not actually new users but are rather throwaway accounts of scammers that will get abandoned once the PayPal is charged back.

You are correct that everyone starts out as a new user, however before it would be a good idea to accept a reversible payment method from a user, they should first build up a solid history of trading honestly with other users.

The only time I would ever consider accepting PayPal for Bitcoin is if I needed to buy something online that does not accept Bitcoin and only for small amounts (~$100) and only from reputable members that have an extensive trading history of being trusted by others with larger amounts.
copper member
Activity: 2996
Merit: 2374
August 20, 2015, 11:52:47 AM
#7
I'm looking for $60 worth, willing to pay fee as well. DM me if you're still selling and interested
i need 20 $ btc i can pay paypal as gift

tell me how can we use the escrow
You should beware of new users being more then wiling to pay exorbitant rates for their PayPal. The catch is that they will most likely be using stolen funds that will later get charged back (or the funds will otherwise get charged back). Using escrow will not protect against charge backs although it will guarantee that you receive PayPal funds initially (if that means anything to you).

It is pretty rare that I see people reputable enough to accept PayPal from be willing to pay the rate you are looking for. In general, people who it would be prudent to accept PayPal from are willing to pay in the range of 5-7% above the market rate and if you were to offer that rate you would probably quickly find someone to buy your Bitcoin.

I do however think you should not accept PayPal in the first place because of its reversible nature, you are taking the risk that someone will be pulling a long con and the funds you accept get reversed. In my opinion the risk is not worth the additional premium you will get.
newbie
Activity: 4
Merit: 0
August 20, 2015, 11:31:44 AM
#6
I'm looking for $60 worth, willing to pay fee as well. DM me if you're still selling and interested
member
Activity: 82
Merit: 10
August 19, 2015, 01:18:44 PM
#5
i need 20 $ btc i can pay paypal as gift

tell me how can we use the escrow
legendary
Activity: 3542
Merit: 1548
Get loan in just five minutes goo.gl/8WMW6n
August 19, 2015, 08:51:38 AM
#4
hello
if you droped you rate to preev I can buy you all btc.Pm me

No im sorry sir.
Paypal is high risk currency (chargeback and limit)
So i think +10% is fair for the risk Smiley
fair or not , local market say Smiley
remember that +10% It can turn into completely ZERO Smiley
newbie
Activity: 6
Merit: 0
August 19, 2015, 08:43:10 AM
#3
hello
if you droped you rate to preev I can buy you all btc.Pm me

No im sorry sir.
Paypal is high risk currency (chargeback and limit)
So i think +10% is fair for the risk Smiley
legendary
Activity: 3542
Merit: 1548
Get loan in just five minutes goo.gl/8WMW6n
August 19, 2015, 08:37:04 AM
#2
hello
if you droped you rate to preev I can buy you all btc.Pm me
newbie
Activity: 6
Merit: 0
August 19, 2015, 08:33:35 AM
#1
Selling bitcoin for paypal.
Sent as gift or family only.

Current stock : $150

My rate = preev +10%
I reserve myself the right to decide to whom to sell or to whom not, because risk of paypal chargeback.
So do not PM me, post here and i will PM you.

Only dealing via PM, not skype or anything else.
Escrow is very very welcome, fees on you.

Regards   Kiss
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