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Topic: Looking to buy LTC (Read 1522 times)

newbie
Activity: 28
Merit: 0
May 06, 2013, 11:56:45 AM
#21
I'm feeling the same way. I wish I'd bought some Bitcoins back when they were fresh. LTC may or may not take off like BTC has, but it couldn't hurt to have a few of them just in case.

Fundamentally, crypto-currencies should be valued by their user base, so Litecoin would only take off with an increase in user base. Though, we may see a significant increase in user base with none ASIC miners moving to Litecoin.

Not only will the asics cause an increase, but with all the hype about BTC lately, more and more people are piling in to it. Because of how hard it is to mine BTC right now, people will look for alternatives, which will cause another increase. Also, if MtGOX accepts LTC, yet another increase will happen. I tried to get into bitcoin back when they were $0.05 per coin, I never knew they would take off like they did now. BTC didn't start in 2011, it started earlier. 2011 is when it started raising in price, and the last few months is when it really took off. The reason I didn't get into it back then is because the proccess was a pain. Now it's a simple 2 step download and install on both the wallet and the miner and your ready.
newbie
Activity: 14
Merit: 0
May 06, 2013, 04:29:05 AM
#20
I pay with Paypal sometimes and I have received Paypal payments.  If someone sends it as a gift, they can't dispute the charge.  They probably have to say their acct was hacked or something and that is a lot of trouble. I'm sure people might do it for 1 or 2btc but not for $5.
I currently am a top seller on ebay.. Been for a while.. People can always dispute a gifted payment.. They call paypal and say its an "unauthorized charge" and crappy GayPal sides with them.
newbie
Activity: 12
Merit: 0
May 06, 2013, 04:28:48 AM
#19
Paypal gift transactions along with a note saying I will not ask for a refund, can't be disputed. Since prices for LTC may go up, I figured I would buy a few now and possibly cash out later on. I run a gaming community, and I could use some extra income to help pay for my servers.

As was stated, there's nothing to ensure that the seller sends the coins though. 

Like odolvlobo said, there's just no way using Paypal to ensure fairness on both sides.
newbie
Activity: 8
Merit: 0
May 06, 2013, 04:22:25 AM
#18
I pay with Paypal sometimes and I have received Paypal payments.  If someone sends it as a gift, they can't dispute the charge.  They probably have to say their acct was hacked or something and that is a lot of trouble. I'm sure people might do it for 1 or 2btc but not for $5.
member
Activity: 91
Merit: 10
May 06, 2013, 04:03:15 AM
#17
i have LTC you can buy....

as long as you pay via a gift and write a note saying you will not request a refund will be happy to trade Smiley

Is that actually safe? Paying via gift?

i dont rip people off

i have sold BTC and LTC on ebay

Price is $3.6 now.... id want $3.75 Smiley
jr. member
Activity: 42
Merit: 7
May 06, 2013, 02:47:23 AM
#16
i have LTC you can buy....

as long as you pay via a gift and write a note saying you will not request a refund will be happy to trade Smiley

Is that actually safe? Paying via gift?
member
Activity: 91
Merit: 10
May 06, 2013, 02:24:40 AM
#15
i have LTC you can buy....

as long as you pay via a gift and write a note saying you will not request a refund will be happy to trade Smiley
jr. member
Activity: 42
Merit: 7
May 06, 2013, 02:11:16 AM
#14
I'm feeling the same way. I wish I'd bought some Bitcoins back when they were fresh. LTC may or may not take off like BTC has, but it couldn't hurt to have a few of them just in case.

Fundamentally, crypto-currencies should be valued by their user base, so Litecoin would only take off with an increase in user base. Though, we may see a significant increase in user base with none ASIC miners moving to Litecoin.
sli
newbie
Activity: 7
Merit: 0
May 06, 2013, 02:09:10 AM
#13
I'm feeling the same way. I wish I'd bought some Bitcoins back when they were fresh. LTC may or may not take off like BTC has, but it couldn't hurt to have a few of them just in case.
newbie
Activity: 28
Merit: 0
May 06, 2013, 01:45:35 AM
#12
Looking to buy 2 - 3 LTC through paypal.
Paying $3.65 for each. (About 3-4 cents more than current price according to BTC-E)

PM me if interested for LTC payment address.

Edit due to concerns: Payment will be made as a gift stating that it is a non refundable or disputable transaction.

Why Litecoin rather than Bitcoin?

After watching bitcoin, and litecoin the past 8 hours, I noticed bitcoin is starting on a pattern. It lowers, then eventually raises, but right now it seems to be lowering quiet a bit (price for 1 BTC down over $100 in the passed few months) while litecoin is on a steady increase with a few slight drops here and there. And considering it is currently the #2 cryptocurrency and is expected to raise in price very soon, I figured I would buy a few while the batch is fresh.
jr. member
Activity: 42
Merit: 7
May 06, 2013, 01:26:21 AM
#11
Looking to buy 2 - 3 LTC through paypal.
Paying $3.65 for each. (About 3-4 cents more than current price according to BTC-E)

PM me if interested for LTC payment address.

Edit due to concerns: Payment will be made as a gift stating that it is a non refundable or disputable transaction.

Why Litecoin rather than Bitcoin?
newbie
Activity: 28
Merit: 0
May 06, 2013, 12:52:50 AM
#10
Would stongly advise against using paypal...
Whats wrong with paypal?
I was actually slightly interested but will probably do LTC to BTC
The basic scam is that the buyer disputes the transaction, and they get their money back and they keep the LTC/BTC.
There are some twists to the scenario (such as the buyer paying as a gift), but either way it can end with someone losing their money.
The topic has been discussed a lot. See if you can find threads with more detail.
Paypal gift transactions along with a note saying I will not ask for a refund, can't be disputed.

The issue is complicated and the scammers know the ins and outs better than anyone. That is why people advise against buying or selling coins with Paypal.

Anyway, the easiest way to buy LTC in the U.S. is this: buy BTC using some service like BitInstant or Coinbase. Then buy LTC with the BTC on the BTC-e exchange.

I read into this, and attempted this method, but I run into problems. According to BitInstant, they used to do bank transfers, but all I can see on their sites is cash deposits through cvs, walmart, etc. and unfortunately, this does not work and takes more time.

EDIT: Attempting to use Coinbase. Although, I am not too fond of having to link a bank account, but since it is pretty much the only way, I guess I will have to grin and bear it.
legendary
Activity: 4438
Merit: 3387
May 06, 2013, 12:47:41 AM
#9
Would stongly advise against using paypal...
Whats wrong with paypal?
I was actually slightly interested but will probably do LTC to BTC
The basic scam is that the buyer disputes the transaction, and they get their money back and they keep the LTC/BTC.
There are some twists to the scenario (such as the buyer paying as a gift), but either way it can end with someone losing their money.
The topic has been discussed a lot. See if you can find threads with more detail.
Paypal gift transactions along with a note saying I will not ask for a refund, can't be disputed.

The issue is complicated and the scammers know the ins and outs better than anyone. That is why people advise against buying or selling coins with Paypal.

Anyway, the easiest way to buy LTC in the U.S. is this: buy BTC using some service like BitInstant or Coinbase. Then buy LTC with the BTC on the BTC-e exchange.
newbie
Activity: 28
Merit: 0
May 06, 2013, 12:38:25 AM
#8
Would stongly advise against using paypal...
Whats wrong with paypal?

I was actually slightly interested but will probably do LTC to BTC

The basic scam is that the buyer disputes the transaction, and they get their money back and they keep the LTC/BTC.

There are some twists to the scenario (such as the buyer paying as a gift), but either way it can end with someone losing their money.

The topic has been discussed a lot. See if you can find threads with more detail.

Paypal gift transactions along with a note saying I will not ask for a refund, can't be disputed. Since prices for LTC may go up, I figured I would buy a few now and possibly cash out later on. I run a gaming community, and I could use some extra income to help pay for my servers.

You can buy em on ebay as well as far as i know. Through paypal ofc.
Sellers on ebay are charging anywhere from $5 - $10 for 1 ltc. Current price as I type this is $3.54 per LTC. Why Pay More?
newbie
Activity: 23
Merit: 0
May 06, 2013, 12:29:17 AM
#7
You can buy em on ebay as well as far as i know. Through paypal ofc.
newbie
Activity: 11
Merit: 0
May 06, 2013, 12:28:02 AM
#6
LOKKING LTC
newbie
Activity: 14
Merit: 0
May 06, 2013, 12:17:45 AM
#5
Would stongly advise against using paypal...
Whats wrong with paypal?

I was actually slightly interested but will probably do LTC to BTC

The basic scam is that the buyer disputes the transaction, and they get their money back and they keep the LTC/BTC.

There are some twists to the scenario (such as the buyer paying as a gift), but either way it can end with someone losing their money.

The topic has been discussed a lot. See if you can find threads with more detail.
Ah thats what I figured, thanks.
legendary
Activity: 4438
Merit: 3387
May 06, 2013, 12:04:44 AM
#4
Would stongly advise against using paypal...
Whats wrong with paypal?

I was actually slightly interested but will probably do LTC to BTC

The basic scam is that the buyer disputes the transaction, and they get their money back and they keep the LTC/BTC.

There are some twists to the scenario (such as the buyer paying as a gift), but either way it can end with someone losing their money.

The topic has been discussed a lot. See if you can find threads with more detail.
newbie
Activity: 14
Merit: 0
May 06, 2013, 12:02:22 AM
#3
Would stongly advise against using paypal...
Whats wrong with paypal?

I was actually slightly interested but will probably do LTC to BTC
newbie
Activity: 14
Merit: 0
May 05, 2013, 11:54:06 PM
#2
Would stongly advise against using paypal...
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