Looking to buy 15 BTC with PayPal - Masspayment, non-reversible method!

TheButterZone

legendary

Activity: 3038

Merit: 1032

RIP Mommy

Quote from: Quickseller on June 10, 2017, 11:13:16 PM

Quote from: TheButterZone on June 10, 2017, 03:21:32 PM

Fiat anything's reversible with a court order.

A court will only enforce a contract and has a high standard of evidence necessary to issue an order effectively "reversing" a fiat transaction.

...

A "mass payment" pp transaction is going to be reversible because the owner of the sending account can claim their account was hacked and/or the funds could originate via fraudulent means.

And if PayPal doesn't reverse it after receiving those types of claims, a court will order PayPal to reverse it, after receiving sufficient evidence. The BTC sender loses the fiat they were sent in exchange, as it's reversed back to the original PayPal accountholder, the anonymous BTC receiving scammer gets away scot-free.

Quote from: Quickseller on June 10, 2017, 11:13:16 PM

Technically speaking, a court could reverse a Bitcoin transaction by ordering one party to pay another party the fiat equivalent of a btc transaction and jail someone who doesn't comply.

If the court knows who received the BTC. Non-dumbest PayPal scammers wouldn't use accounts with their own identity tied to them in any way.

babsalt1975

sr. member

Activity: 526

Merit: 250

Having lost my bitcoin in a similar trade, I would not advice anyone to exchange bitcoin with Paypal. Whichever method you are using, make sure that it does not go against the terms and conditions set on Paypal

Quickseller

copper member

Activity: 2996

Merit: 2374

Quote from: TheButterZone on June 10, 2017, 03:21:32 PM

Fiat anything's reversible with a court order.

A court will only enforce a contract and has a high standard of evidence necessary to issue an order effectively "reversing" a fiat transaction.

Technically speaking, a court could reverse a Bitcoin transaction by ordering one party to pay another party the fiat equivalent of a btc transaction and jail someone who doesn't comply.

A "mass payment" pp transaction is going to be reversible because the owner of the sending account can claim their account was hacked and/or the funds could originate via fraudulent means.

I would not trade with the OP with the terms offered.

cpfreeplz

legendary

Activity: 966

Merit: 1042

Quote from: san1223 on May 30, 2017, 12:12:51 PM

Quote from: Kand1990 on May 29, 2017, 01:05:51 PM

I read about this and the reversal might be difficult since it's a payment used for commissions, rebates, rewards, and general payments which are not reversible, but I read somewhere it can be reversed.

Edit: This payment is reversible and it's covered by paypal buyer protection.
https://www.paypal.com/de/webapps/mpp/ua/sellerprotection-full?locale.x=en_DE
Section 2. Coverage.

No it cannot. They updated ToS recently.

https://www.paypal.com/uk/webapps/mpp/ua/archive-policies-full

Quote from: aadje93 on May 29, 2017, 01:27:22 PM

Here we go again the classic story where some newbie try to convince us to sell him BTC via Paypal because his sendi g method is safe same bullshit story like the one where people claim that f&f sendind is safe and not reversible.
Just stop ot please it's not save and it does not matter how you send it, Paypal and BTC is something that should never be mixed as it will end often in scams and fraud!

You are wrong mate. I have provided you with ToS (link above). You can call PayPal and ask about it directly.

Their ToS also say you can't buy bitcoins with their service so obviously you're not too concerned with the ToS now are you? You seem to really need to only use PayPal and nothing else. Sketchy.

aadje93

sr. member

Activity: 308

Merit: 250

Quote from: mattermaster on June 10, 2017, 10:38:29 PM

Quote from: aadje93 on May 29, 2017, 01:27:22 PM

Here we go again the classic story where some newbie try to convince us to sell him BTC via Paypal because his sendi g method is safe same bullshit story like the one where people claim that f&f sendind is safe and not reversible.
Just stop ot please it's not save and it does not matter how you send it, Paypal and BTC is something that should never be mixed as it will end often in scams and fraud!

You were also trying to scam people you know it well. Some days before, you were also asking to exchange to exchange your paypal and when you were told about paypal's reversal option, you never accepted , you didn't understand our risks. Then why you came here to spill these words upon OP's similar offer?

And guess what i exchanged 150$ in total

at leaat i not ask for 15 ridiculus coins.

mattermaster

sr. member

Activity: 476

Merit: 250

Quote from: aadje93 on May 29, 2017, 01:27:22 PM

Here we go again the classic story where some newbie try to convince us to sell him BTC via Paypal because his sendi g method is safe same bullshit story like the one where people claim that f&f sendind is safe and not reversible.
Just stop ot please it's not save and it does not matter how you send it, Paypal and BTC is something that should never be mixed as it will end often in scams and fraud!

You were also trying to scam people you know it well. Some days before, you were asking to exchange your paypal and when you were told about paypal's reversal option, you never accepted , you didn't understand our risks. Then why you came here to spill these words upon OP's similar offer?

warningsigns

hero member

Activity: 896

Merit: 1082

Quote from: san1223 on May 29, 2017, 12:17:39 PM

Hello,
i am willing to purchase 15 BTC via PayPal. I will pay with masspayment option - after last PayPal update sender cannot reverse the payment. It's payment method used for B2B trades, so seller is fully safe.

We can do it in small batches - eg. 5 x 3 BTC. It's up to you.

Looking for someone trusted with long history on this forum.

Regards.

Challenge: if you are not a scammer (and I will assume you are unless factually proven otherwise) withdraw your PayPal funds to your bank account, take it out from your account in cash and pay for the bitcoins using a less reversible method.

warningsigns

hero member

Activity: 896

Merit: 1082

If you value your bitcoins, just don't do it. Period. Do not accept this scammer's PayPal payment. You will live to regret it. 15 BTC? That loss will hurt badly.

TheButterZone

legendary

Activity: 3038

Merit: 1032

RIP Mommy

Fiat anything's reversible with a court order.

san1223

newbie

Activity: 10

Merit: 0

Thanks for the support and understanding. You can see I'm honest with you - you cannot pay with credit card while making masspayment. It is used for big deals (eg. 150k euro) and it cannot be so easily reversed, as you think. What's more they've made recently an update telling that there is no 0% chances of getting your money back and there is no protection for all transfers made with this option, because it's simply option for wholesale deals and serious traders.

If anyone is willing to exchange some cash via PayPal hit me. As i told you, it doesn't have to be 15 BTC at once, it can be 2-5 BTC at first, then second part, then third...

I'm just looking for trusted partner to exchange.

Kand1990

sr. member

Activity: 444

Merit: 250

beauty is power; a smile is its sword

Quote from: superiorus on May 31, 2017, 06:44:57 AM

Quote

I will pay with masspayment option - after last PayPal update sender cannot reverse the payment. It's payment method used for B2B trades, so seller is fully safe.

This is the joke of the day

Who told you that this kind of transaction can't be reversed?
If the sender open a claim and tell the payment was not authorised, Paypal will reverse the payment.
Escrow is useless in this case.

Read the entire thread before you place your opinion, I have also done some research on this, since paypal doesn't allow this kind of payment from funds sent using a card and only allows you to use your balance it becomes nearly impossible to request a refund, paypal itself doesn't allow a refund for this kind of payment, but people are smart and know how to find loopholes and they might find a way to refund, but paypal itself doesn't allow this kind of payment to be refunded.

superiorus

legendary

Activity: 1358

Merit: 1000

Bitcoiner since start, and continue to love it!

Quote

I will pay with masspayment option - after last PayPal update sender cannot reverse the payment. It's payment method used for B2B trades, so seller is fully safe.

This is the joke of the day

Who told you that this kind of transaction can't be reversed?
If the sender open a claim and tell the payment was not authorised, Paypal will reverse the payment.
Escrow is useless in this case.

LoyceV

legendary

Activity: 3290

Merit: 16489

Thick-Skinned Gang Leader and Golden Feather 2021

Quote from: san1223 on May 30, 2017, 12:12:51 PM

PayPal seller protection
Section 11.10 is amended in order to outline that the following items/transactions/cases are ineligible for PayPal seller protection

Paypal seller protection is not Paypal fraud protection.
I hope by now everybody knows Paypal will get back any payments made with for instance a stolen creditcard. But by the fact that someone here is trying to buy $30k in Bitcoins through Paypal, I assume some people still fall for this.

TheButterZone

legendary

Activity: 3038

Merit: 1032

RIP Mommy

As if that's the only thing that can make payments reversible or not. Fuck off.

Quote from: ?? on ??

Anything's reversible with a court order.

san1223

newbie

Activity: 10

Merit: 0

Quote from: Kand1990 on May 29, 2017, 01:05:51 PM

I read about this and the reversal might be difficult since it's a payment used for commissions, rebates, rewards, and general payments which are not reversible, but I read somewhere it can be reversed.

Edit: This payment is reversible and it's covered by paypal buyer protection.
https://www.paypal.com/de/webapps/mpp/ua/sellerprotection-full?locale.x=en_DE
Section 2. Coverage.

No it cannot. They updated ToS recently.

https://www.paypal.com/uk/webapps/mpp/ua/archive-policies-full

Quote from: aadje93 on May 29, 2017, 01:27:22 PM

Here we go again the classic story where some newbie try to convince us to sell him BTC via Paypal because his sendi g method is safe same bullshit story like the one where people claim that f&f sendind is safe and not reversible.
Just stop ot please it's not save and it does not matter how you send it, Paypal and BTC is something that should never be mixed as it will end often in scams and fraud!

You are wrong mate. I have provided you with ToS (link above). You can call PayPal and ask about it directly.

aadje93

sr. member

Activity: 308

Merit: 250

Quote from: terrytangm on May 30, 2017, 01:29:21 AM

hi

0.24 btc small amount you also can accept?

can take cash by hand in canada OR may consider accept skrill or paypal funds

reply here or leave message via email to: [email protected]

Just don't accept his paypal funds you will regret ir for sure, paypal is not safe and it really not matter on how he send it he may send it as f&f or masspayment as he said, but where is the guarantee he will not chargeback it later?

Please check or call paypal and you will see that he can chargeback or dispute up to 180 calendar days!

And if he will pay via credit card the risk is even higher

terrytangm

newbie

Activity: 53

Merit: 0

hi

0.24 btc small amount you also can accept?

can take cash by hand in canada OR may consider accept skrill or paypal funds

reply here or leave message via email to: [email protected]

Lone Shark

sr. member

Activity: 588

Merit: 250

Quote from: Kand1990 on May 29, 2017, 01:05:51 PM

I read about this and the reversal might be difficult since it's a payment used for commissions, rebates, rewards, and general payments which are not reversible, but I read somewhere it can be reversed.

Edit: This payment is reversible and it's covered by paypal buyer protection.
https://www.paypal.com/de/webapps/mpp/ua/sellerprotection-full?locale.x=en_DE
Section 2. Coverage.

Like what he said, this is completely reversible even using mass pay. So I guess you will totally have a hard time buying from people using paypal. Paypal is really tricky business and I would advise anyone to avoid trading with it as payment. Probably, the best would be just to offer cash as payment or other means that are not reversible.

Only deal with trusted members if you are receiving paypal.

b!z

legendary

Activity: 1582

Merit: 1010

I can do it, PM'd. https://bitcointalksearch.org/topic/trusted-legendary-member-my-bitcoin-your-paypal-15-reliable-fast-1010812

aadje93

sr. member

Activity: 308

Merit: 250

Here we go again the classic story where some newbie try to convince us to sell him BTC via Paypal because his sendi g method is safe same bullshit story like the one where people claim that f&f sendind is safe and not reversible.
Just stop ot please it's not save and it does not matter how you send it, Paypal and BTC is something that should never be mixed as it will end often in scams and fraud!

Quickseller

copper member

Activity: 2996

Merit: 2374

Why don't you withdraw the PPUSD to your bank account, withdraw your USD from your bank account and use cash to buy BTC?

Kand1990

sr. member

Activity: 444

Merit: 250

beauty is power; a smile is its sword

What does escrow do to help with a reversal? I just found another policy where it says Mass Payments cannot be reversed.
https://www.paypal.com/uk/webapps/mpp/ua/archive-policies-full

bolg1

member

Activity: 67

Merit: 10

Just do it with escrow.

Here4Trades

sr. member

Activity: 420

Merit: 250

Quote from: Kand1990 on May 29, 2017, 01:05:51 PM

I read about this and the reversal might be difficult since it's a payment used for commissions, rebates, rewards, and general payments which are not reversible, but I read somewhere it can be reversed.

Any payment made with Credit Card may not be procced up to maybe a year it depends. As I I've read here at least up to 180 days, It can be chargebacked after procceded and make you a lot of trouble.

Kand1990

sr. member

Activity: 444

Merit: 250

beauty is power; a smile is its sword

I read about this and the reversal might be difficult since it's a payment used for commissions, rebates, rewards, and general payments which are not reversible, but I read somewhere it can be reversed.

Edit: This payment is reversible and it's covered by paypal buyer protection.
https://www.paypal.com/de/webapps/mpp/ua/sellerprotection-full?locale.x=en_DE
Section 2. Coverage.

san1223

newbie

Activity: 10

Merit: 0

Hello,
i am willing to purchase 15 BTC via PayPal. I will pay with masspayment option - after last PayPal update sender cannot reverse the payment. It's payment method used for B2B trades, so seller is fully safe.

We can do it in small batches - eg. 5 x 3 BTC. It's up to you.

Looking for someone trusted with long history on this forum.

Regards.

Topic: Looking to buy 15 BTC with PayPal - Masspayment, non-reversible method! (Read 1129 times)