Topic: I want to buy bitcoins using paypal balance - page 3. (Read 5790 times)
Local bitcoins.com and filter by PayPal. You as the buyer will have to send as gift so you can't chargeback.
Mostly nobody trusts newbies with regards to PayPal transaction even if Escrow is used. The reason being a chargeback. They will tell you to wait for 180 days and then send the bitcoins and I don't think you will prefer that.
No one trusts anyone with paypal unless they are EXTREMELY trusted. I wouldn't trust a random hero or senior. Only trust companies with paypal, otherwise forget using it with bitcoin. 
Mostly nobody trusts newbies with regards to PayPal transaction even if Escrow is used. The reason being a chargeback. They will tell you to wait for 180 days and then send the bitcoins and I don't think you will prefer that.
I used VirWox and ofc it's plagued with fees... If you have time and patience you could use it with caution.
Yea I tried them once, fees are WAYY too big. Localbitcoins is a much better deal but then you add the chance of being chargebacked. I have stopped using paypal for those reasons
I used VirWox and ofc it's plagued with fees... If you have time and patience you could use it with caution.
Virwox has proved to work for me too. Of course there are charges, but its easy and pretty fast to use, especially if the blockchain isnt going slow. Good luck!
I don't like it. Fees and bad prices make it not really viable if I lose more than 5% on converting to dollars. With a lot of money that makes a huge difference, most investments pay out that much after a year so bang there goes your profit just converting to dollars...
Virwox has proved to work for me too. Of course there are charges, but its easy and pretty fast to use, especially if the blockchain isnt going slow. Good luck!
https://www.virwox.com is your unique chance 
any exchanges support paypal?? i didn't know 
Don't think any big exchanges do paypal. But I know virwox you can do some SLL to BTC to paypal or something weird like that. Paypal is generally a no-no when it comes to bitcoin.The reason why I want to buy bitcoin with paypal is not just convenient. Basically I am willing to give profit for you to take the risk. The profit depends on the source of fund.
In other word, I can give big profit if the fund source is risky. Risky fund source means you must pull the money out as quickly as possible by buying something quickly. I took no responsibility of your paypal account being limited. Definitely for those with fake paypal account.
Then there is a less risky one where you can grab money from bank account and once the money is in the bank, the escrow would send me my bitcoins. We got to tell which one would take risk if things happen.
I am not sure where the money comes from. It's also hidden from my source.
any exchanges support paypal?? i didn't know
Don't think any big exchanges do paypal. But I know virwox you can do some SLL to BTC to paypal or something weird like that. Paypal is generally a no-no when it comes to bitcoin.
any exchanges support paypal?? i didn't know
What about if you use expendable paypal and withdraw money right away? Also you see I've been here for a long time. I wouldn't destroy my account for $100-$200
How about this solution. Create a new paypal account, hook it up to your bank or atm or something, have the btc escrowed UNTIL its in your bank or in cash, then remove the bank account/card from the paypal account and the btc is released. Therefore if the money is chargebacked there is no money to take it from and you can't lose money in paypal.That's what I am thinking. I won't do chargeback. But you can do that too. Look we start small. Eventually this can be big okay.
I am thinking of giving 10% edge. So if bitcoin price is $1k I'll buy it at $1100
First trades will be around $100. At most. The thread will be displayed here.
After 2-3 trades, we can know each other real name and do some video skype but that should be private. That shouldn't be disclosed unless there is dispute.
I think my old account and my real name worth far more than $1k.
After a while, we'll do it $1k at a time at 5% edge.
If you have paypal account not linked to your real name and not linked to credit card with huge balance I think you can trust me. If I dispute you just abandon that paypal.
But how can I trust you? How much escrow cost here?
So yea there is risk.
Also the store is not open yet. I am just opening for suggestions.
As for 100% assurance, I just lost 14 Asicminer stock that now has gone wrong. So yea, nothing is assured 100%. However, this could work.
First trades will be around $100. At most. The thread will be displayed here.
After 2-3 trades, we can know each other real name and do some video skype but that should be private. That shouldn't be disclosed unless there is dispute.
I think my old account and my real name worth far more than $1k.
After a while, we'll do it $1k at a time at 5% edge.
If you have paypal account not linked to your real name and not linked to credit card with huge balance I think you can trust me. If I dispute you just abandon that paypal.
But how can I trust you? How much escrow cost here?
So yea there is risk.
Also the store is not open yet. I am just opening for suggestions.
As for 100% assurance, I just lost 14 Asicminer stock that now has gone wrong. So yea, nothing is assured 100%. However, this could work.
Prepaid Bitcoin is the best place to buy bitcoin with Paypal. www.prepaidbitco.in
Is this site secure enough? Have you guys tested it? Because I wouldn't really trust anything paypal related. Bitcoin and paypal are just not good pair.I don't think that site is secure enough. Someone with a brand new account posts that and logs off. Its points to a scam. Also, I couldn't find an ANN thread on it.
Prepaid Bitcoin is the best place to buy bitcoin with Paypal. www.prepaidbitco.in
Is this site secure enough? Have you guys tested it? Because I wouldn't really trust anything paypal related. Bitcoin and paypal are just not good pair.
Firstly Paypal and Escrow would not go side by side, as its simply not possible.
As for buying bitcoin with paypal, localbitcoin traders with good trust would be your best bet.
However to prevent reversible transactions, they might ask you for identification and some kind of terms, which would not allow you to charge back incase you go for it.
As for buying bitcoin with paypal, localbitcoin traders with good trust would be your best bet.
However to prevent reversible transactions, they might ask you for identification and some kind of terms, which would not allow you to charge back incase you go for it.
Prepaid Bitcoin is the best place to buy bitcoin with Paypal. www.prepaidbitco.in
What about if you use expendable paypal and withdraw money right away? Also you see I've been here for a long time. I wouldn't destroy my account for $100-$200
How about this solution. Create a new paypal account, hook it up to your bank or atm or something, have the btc escrowed UNTIL its in your bank or in cash, then remove the bank account/card from the paypal account and the btc is released. Therefore if the money is chargebacked there is no money to take it from and you can't lose money in paypal.
I have heard that it is extremely easy to reverse a BTC deal through paypal with a chargeback. Just a heads up to be careful, ALOT of people have scammed this way.
What about if you use expendable paypal and withdraw money right away? Also you see I've been here for a long time. I wouldn't destroy my account for $100-$200
But then again, I could do the same if only I can withdraw the money.
I'll think of another solution.
Currently I plan to accept money from paypal, use it to buy advertising traffic and without waiting for any return quickly pay my partner via my cash reserve. My partner will eventually buy bitcoins.
The reason why I want to buy bitcoins from paypal is actually because it's a business.
I can get money easily to paypal and I want to dispose of it quickly. So I can buy that more expensively. Say 5% higher price?
But then again, I could do the same if only I can withdraw the money.
I'll think of another solution.
Currently I plan to accept money from paypal, use it to buy advertising traffic and without waiting for any return quickly pay my partner via my cash reserve. My partner will eventually buy bitcoins.
The reason why I want to buy bitcoins from paypal is actually because it's a business.
I can get money easily to paypal and I want to dispose of it quickly. So I can buy that more expensively. Say 5% higher price?
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