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Topic: Just found this site for buying and selling bitcoin through paypal - page 2. (Read 2676 times)

legendary
Activity: 1061
Merit: 1001
if in UK use bitbargain

or you could always use trusted members here, for example mods only, legendary members etc who deal in escrow for small fee and have trusted feedback
legendary
Activity: 1610
Merit: 1183
I would avoid paypal unless you are on a hurry, then you could go Virwox (FIAT->SSL->BTC route) but like has been said before, fees are a bit of a joke.
legendary
Activity: 879
Merit: 1001
Well as I said, I've sold 0.01 and 0.02 as testers today and the payments are in my account....at a decent rate too.
Where is the scam?

PayPal chargebacks can bite you as long as 30 days. You money is not safe until next month. This site could be legit. As far as I know, PayPal and bitcoin don't mix.
I agree, they don't normally mix.
I was stung with a chargeback after selling a small amount of bitcoin on Ebay around  18 months ago.
I'll now wait and see if I get one on these two tiny transactions.
If not....I'll do one for 0.03
 Grin
hero member
Activity: 672
Merit: 500
Well as I said, I've sold 0.01 and 0.02 as testers today and the payments are in my account....at a decent rate too.
Where is the scam?

PayPal chargebacks can bite you as long as 30 days. You money is not safe until next month. This site could be legit. As far as I know, PayPal and bitcoin don't mix.
legendary
Activity: 879
Merit: 1001
Well as I said, I've sold 0.01 and 0.02 as testers today and the payments are in my account....at a decent rate too.
Where is the scam?

legendary
Activity: 2632
Merit: 1094
The site looks like a scam as it has no proper design nor any description on the home page with just 4 tabs.  Undecided The person who created the website did not even invest some time to make it look presentable and the English is  Lips sealed Lips sealed. http://weofferbitcoins.com/about-bitcoins/

I would recommend not to try this website.
legendary
Activity: 879
Merit: 1001
Sent 0.02 20 minutes ago......this time the cash was in my paypal account inside 12 minutes with only 2 confirmations showing at blockchain.info
I'm happy so far.
sr. member
Activity: 406
Merit: 250
Hm, I would pass on this. Use more reputable options to avoid getting scammed.
legendary
Activity: 879
Merit: 1001
Scam?...in what way?
Surely they won't do a chargeback on me.....if others are selling them bitcoin as well as me, wouldn't paypal smell a rat  if they claimed loads of different people had received their cash but not sent them the  bitcoin?
hero member
Activity: 518
Merit: 500
Looks like a shitty site made via wordpress. I dont deal with paypal because of things like this, they are easy scams.
legendary
Activity: 879
Merit: 1001
very bad for a claim to send it within 5 minutes maybe they are praying for a bigger purchase, I think that is why they were so confused.  dont let them game you.  They wouldn't risk that little to be calling out a scam.

I'll now do one for 0.02 and see what happens.
 Grin
sr. member
Activity: 378
Merit: 250
Pre-sale - March 18
very bad for a claim to send it within 5 minutes maybe they are praying for a bigger purchase, I think that is why they were so confused.  dont let them game you.  They wouldn't risk that little to be calling out a scam.
legendary
Activity: 879
Merit: 1001
Their site says paypal payments within 5 minutes.
I sent 0.01 as an experiment 90 minutes ago.
Nothing paid in to my paypal as yet....I'll post when/if it happens.
 Undecided
I've been out last few hours.....just got in and the cash ($2.48) went into my paypal account at 15.16 GMT.....just over three hours after I sent the 0.01 btc.
Not so bad.
 Smiley
legendary
Activity: 3766
Merit: 1217
And not risk-free as well. Why risk your money and reputation, buying Bitcoin from such shady sites? I don't know why this obsession with Paypal is there. Why don't use Localbitcoins and buy the BTC directly?

except that not everyone feels safe about meeting and exchanging hundreds of dollars for bitcoin with a stranger.

I do agree that there's better options than paypal out there, though.

Well.... meet the buyer at a public place (such as a cafeteria or a library), and there is hardly any chance that he will rob you. Also, the reputation is quite a big thing with Localbitcoins. None of the established sellers would risk their reputation for a few hundred USD.
sr. member
Activity: 476
Merit: 251
Any thoughts, experiences?

www.weofferbitcoins.com

site is an easy 10 minutes to make, I call it a scam site, just for the fact they only buy bitcoins with paypal.

Yes, its a nice wordpress site  Grin

I once tried another site to purchase with paysafe card, was a scam of course. No trust in such sites any more.
copper member
Activity: 924
Merit: 1007
hee-ho.

And not risk-free as well. Why risk your money and reputation, buying Bitcoin from such shady sites? I don't know why this obsession with Paypal is there. Why don't use Localbitcoins and buy the BTC directly?


except that not everyone feels safe about meeting and exchanging hundreds of dollars for bitcoin with a stranger.

I do agree that there's better options than paypal out there, though.
legendary
Activity: 3766
Merit: 1217

And not risk-free as well. Why risk your money and reputation, buying Bitcoin from such shady sites? I don't know why this obsession with Paypal is there. Why don't use Localbitcoins and buy the BTC directly?
sr. member
Activity: 406
Merit: 250
AltoCenter.com
Looks a bit shady Cool Cool

A touch too expensive for general liking dont you think? Tongue Tongue

I don't have the adv of using paypal in our country but some of pal uses some other sites, and those are cheaper in transaction and conversion rate. Smiley
full member
Activity: 238
Merit: 100
Any thoughts, experiences?

www.weofferbitcoins.com

Only place I have bought bitcoins with paypal at market rate + little fee (0.3% i think) is in uciex
I purchased about 7 Bitcoins there, went smooth  Cheesy

If it helped you, Please join using the link below, I don't know if referral links are allowed

https://www.uciex.com/index.php/user/register/jz74imsyy5

Please let me  know if it is wrong I'll remove it at once,

hero member
Activity: 798
Merit: 1000
LIR Dev. www.letitride.io
Any thoughts, experiences?

www.weofferbitcoins.com

Never heard of that site before. I'd avoid using paypal to buy/sell any bitcoin regardless of the amount, there's just too much risk involved. The most tried and tested way is virwox but even that seems a lot of hassle when you can just use sites like localbitcoins.
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