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Topic: New to bitcoin looking to buy small amount by paypal (Read 1902 times)

full member
Activity: 140
Merit: 100
you trusted a newbie saying he done dozens of trades?? Shocked
sr. member
Activity: 252
Merit: 250
That user FishNChips has asked for loans multiple times and has been active on the forum. I don't think he will be refunding or sending you the rest of the btc. You should leave him a negative feedback and start a thread in the scam accusation thread.
KWH
legendary
Activity: 1904
Merit: 1045
In Collateral I Trust.
Escrow will do NOTHING when using Paypal, I don't know how many times it has to be said and proven.  Huh

Escrow doesn't protect the seller of BTC. It protects the buyer / the person sending the paypal payment. If you're going to sell for paypal, why not use escrow? It's not like them sending first will prevent a chargeback.

Better off staying away from paypal unless both parties can be trusted. 99% of the people selling BTC to new accounts for paypal are going to scam by not sending the BTC after receiving payment.

Because it's a double protection for the buyer using Paypal, the seller can still be scammed. It really defeats the purpose of escrow where both buyer and seller have some protection.  So I say again, escrow is worthless where Paypal is involved.
legendary
Activity: 1680
Merit: 1205
I would suggest u to leave a negative feedback. At this point, this is all you can do
legendary
Activity: 1120
Merit: 1000
Escrow will do NOTHING when using Paypal, I don't know how many times it has to be said and proven.  Huh

Escrow doesn't protect the seller of BTC. It protects the buyer / the person sending the paypal payment. If you're going to sell for paypal, why not use escrow? It's not like them sending first will prevent a chargeback.

Better off staying away from paypal unless both parties can be trusted. 99% of the people selling BTC to new accounts for paypal are going to scam by not sending the BTC after receiving payment.
hero member
Activity: 910
Merit: 1000
I think (not sure) that if you immediately withdraw money (so he sent 0.1 to gain time) the buyer can't chargeback

Your account will just become in the red and minus the amount that was chargebacked. You could maybe use a throw-away account and then quickly send the money to another then withdraw it, maybe that would work.

That might be it. Specially, using a throw away account can let you purchase anything digital off the internet immediately, and then it would be no longer your trouble. btw that user has been active today, so op ,you might want to message him and see how it ends.
member
Activity: 98
Merit: 10
Accepting stellars, paypal ( got a way to handle )
talk to paypal and you can get 5 usd as relief Smiley
global moderator
Activity: 3990
Merit: 2713
Join the world-leading crypto sportsbook NOW!
I think (not sure) that if you immediately withdraw money (so he sent 0.1 to gain time) the buyer can't chargeback

Your account will just become in the red and minus the amount that was chargebacked. You could maybe use a throw-away account and then quickly send the money to another then withdraw it, maybe that would work.
legendary
Activity: 1680
Merit: 1205
I think (not sure) that if you immediately withdraw money (so he sent 0.1 to gain time) the buyer can't chargeback
hero member
Activity: 910
Merit: 1000
Can someone care to explain, how FishnChips will benefit from this trade?
If he has sent 0.1 BTC and xstudly can chargeback, so essentially FishnChips will get nothing. Then what was the point on not sending bitcoin here?
KWH
legendary
Activity: 1904
Merit: 1045
In Collateral I Trust.
Escrow will do NOTHING when using Paypal, I don't know how many times it has to be said and proven.  Huh
legendary
Activity: 1680
Merit: 1205
Chargeback. There should be a button or something...

Nobody honest will sell you bitcoin for paypal, because you can chargeback. Do it as fast as you can.
newbie
Activity: 14
Merit: 0
To be fair thus far he has sent .1 and contacted me knowing there would be a little bit more of a delay.  If I don't get all in an hour or so then I will contact paypal.   I knew this was a risky trade but paypal would only allow me to debit 400 a day so I had an odd amount I wanted to be even in my wallet.
legendary
Activity: 2562
Merit: 1064
FishNChips.  I sent him money about an hour ago and he has not even replied to a pm since.   I will give him another hour then report.

Just go and try to reverse the transaction. More time you will give, easy for him to run away your money.

Why the hell you did not used Escrow.
newbie
Activity: 14
Merit: 0
FishNChips.  I sent him money about an hour ago and he has not even replied to a pm since.   I will give him another hour then report.
legendary
Activity: 1680
Merit: 1205
Don't worry, with paypal you can chargeback  Smiley
member
Activity: 70
Merit: 10
Who get your money?
newbie
Activity: 14
Merit: 0
Still waiting for what I sent to come back in BTC  I sent paypal and have yet to receive the coin.
member
Activity: 70
Merit: 10
I would prefer an escrow but since I am new here just pm me where to send

I can sell you btc vía paypal pm me
newbie
Activity: 14
Merit: 0
I would prefer an escrow but since I am new here just pm me where to send
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