Pages:
Author

Topic: Is Paypal safe for bitcoin transactions? - page 2. (Read 1100 times)

newbie
Activity: 1
Merit: 0
November 03, 2013, 05:05:10 AM
#6
IT' s the first day here and the first thing I've understood is that paypal is not safe. There are a lot of guides about this.
Just check it out.
Bye.
newbie
Activity: 14
Merit: 0
November 03, 2013, 04:43:27 AM
#5
I had bad experiences with paypal , wont trust them ever again.
hero member
Activity: 481
Merit: 500
Woking as a binman sucks.
November 03, 2013, 04:40:16 AM
#4

Scenario:
Person A sends paypal payment to Person B for bitcoin. Person A confirms their bitcoin address via email to Person B.
Then, Person B sends bitcoin to Person A.

That should be plenty of proof that Person B needs to prevent Person A from reversing payment.



Obviously email is not enought proof

You need to send physical item and have proof of sending it
legendary
Activity: 1764
Merit: 1000
November 03, 2013, 04:37:19 AM
#3
Conclusion: never use paypal for bitcoin related transactions. never.
legendary
Activity: 1022
Merit: 1000
November 03, 2013, 04:36:06 AM
#2
NO.

There are a lot of thread about this, in short I could say that:
1 - Paypal's policies do not allow bitcoin transactions
2 - Paypal always will support the buyer
3 - You will be scammed in 99% of your paypal/bitcoin operations.
hero member
Activity: 882
Merit: 500
November 03, 2013, 04:27:26 AM
#1

Scenario:
Person A sends paypal payment to Person B for bitcoin. Person A confirms their bitcoin address via email to Person B.
Then, Person B sends bitcoin to Person A.

If Person A were to attempt to reverse payment on Paypal, all Person B would have to do is respond to paypal with screenshot of Person A's email confirming bitcoin address and a screenshot of their wallet 'sent' transaction to said bitcoin address.

That should be plenty of proof that Person B needs to prevent Person A from reversing payment.

Why are people so afraid of Paypal transaction? It should be relatively simple to prevent a scammer that tries to reverse payment.
Am I missing anything?
Pages:
Jump to: