Topic: I need more BTC - have PayPal USD right now. Will pay 5.85 per coin (Read 900 times)
To follow up D&T's comment, I have loaned funds and have started receiving payments, but not a fully completed deal - I don't have any reason to believe it will not complete fully by the end of the term. I have been lending against equipment, so that helps.
May 23, 2012, 09:53:50 AM
So I did a trade with iSellBitcoins for PPUSD. My name in his signature shouldn't be taken as an endorsement though.
He has a lot of ebay auctions using the same paypal account selling Bitcoins and quite a few completed sales at high markup so his demand may be legit. The sheer volume that he is transfering PPUSD into BTC has me concerned though. I estimate (looking at post history) he has bought >$3000 worth of coins and other goods/services on the forum in the last 30 days.
Like I said he may be legit but the velocity of the trades and the urgency has left me concerned. Hopefully my fears are unfounded and in 60 days or so I will be willing to trade with him again and give him an endorsement.
He has a lot of ebay auctions using the same paypal account selling Bitcoins and quite a few completed sales at high markup so his demand may be legit. The sheer volume that he is transfering PPUSD into BTC has me concerned though. I estimate (looking at post history) he has bought >$3000 worth of coins and other goods/services on the forum in the last 30 days.
Like I said he may be legit but the velocity of the trades and the urgency has left me concerned. Hopefully my fears are unfounded and in 60 days or so I will be willing to trade with him again and give him an endorsement.
May 23, 2012, 07:02:17 AM
PPUSD kills it for me...
May 23, 2012, 05:30:08 AM
If you make so much profit, why don't you buy Bitcoins with wire transfer?
A Fedwire in the US I think also comes within an hour? Or not?
http://en.wikipedia.org/wiki/Fedwire
I can sell you some coins, but I accept wire transfer only, not some fake-money like Paypal.
The only way I'd accept Paypal would be with a 180-day waiting period after receiving the Paypal transfer - then it becomes real-money.
Its not the matter of not trusting you, you can be honest, but if someone paid you with Paypal money from a stolen account, and then you pay me, when Paypal will try to reverse the transfer and you have no money in your Paypal or checking account to cover the loss, Paypal will reverse your transfer to me to cover the reversal.
Get an account at some bank which has outgoing wires at a reasonable cost, then you'll be able to buy Bitcoins fast.
A Fedwire in the US I think also comes within an hour? Or not?
http://en.wikipedia.org/wiki/Fedwire
I can sell you some coins, but I accept wire transfer only, not some fake-money like Paypal.
The only way I'd accept Paypal would be with a 180-day waiting period after receiving the Paypal transfer - then it becomes real-money.
Its not the matter of not trusting you, you can be honest, but if someone paid you with Paypal money from a stolen account, and then you pay me, when Paypal will try to reverse the transfer and you have no money in your Paypal or checking account to cover the loss, Paypal will reverse your transfer to me to cover the reversal.
Get an account at some bank which has outgoing wires at a reasonable cost, then you'll be able to buy Bitcoins fast.
May 23, 2012, 01:22:57 AM
Yes and that leaves me meat on the bone for profit.
I have 340 PPUSD right now and I need as many coins as I can get. I have a buyer right now at 7.25 per coin.
Lets make some money together!
I have 340 PPUSD right now and I need as many coins as I can get. I have a buyer right now at 7.25 per coin.
Lets make some money together!
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