Author

Topic: Paypal for MtGox USD? (Read 2416 times)

legendary
Activity: 1437
Merit: 1002
https://bitmynt.no
October 28, 2011, 04:17:14 PM
#13
It needs to become easier to buy BTC.
I'm able to send funds to MtGox quite easily, and cheap as long as I transfer a decent sum.  To help people who don't need much or don't want to transfer money internationally, I offer BTC for sale cheap and simple for my local currency using a payment method which is simple, free, safe and quite fast (usually overnight) in my country.  If other Bitcoin users would do the same, bitcoins would be easily available in any amount all over the world.
hero member
Activity: 966
Merit: 501
PredX - AI-Powered Prediction Market
October 28, 2011, 02:54:16 PM
#12
I can't figure why one would want to use paypal when deposits to Mt. Gox are now so easy.

Just open a verified account with Mt. Gox and make cash deposits at any Chase bank.  Then you can get the best price.

Transferring purchased Bitcoins to your wallet from Mt. Cox are easy.
Protip: usa is not the world  Roll Eyes

+1


Also, I use Virwox...

Unfortunately, when I bought at 3 USD, the effective price was actually 4.5 USD... so as you can see it can be absurdly expensive.
newbie
Activity: 14
Merit: 0
October 28, 2011, 02:50:47 PM
#11
I don`t know about useing PayPal for buy Bitcoin.....

just now check it - no way

if from like PP>LR>MtGox , no good way so expensive... hehe
legendary
Activity: 1148
Merit: 1008
If you want to walk on water, get out of the boat
October 28, 2011, 01:26:24 AM
#10
I can't figure why one would want to use paypal when deposits to Mt. Gox are now so easy.

Just open a verified account with Mt. Gox and make cash deposits at any Chase bank.  Then you can get the best price.

Transferring purchased Bitcoins to your wallet from Mt. Cox are easy.
Protip: usa is not the world  Roll Eyes
newbie
Activity: 5
Merit: 0
October 27, 2011, 06:50:06 PM
#9
It needs to become easier to buy BTC.
newbie
Activity: 12
Merit: 0
October 27, 2011, 11:26:46 AM
#8
I wired 1€ to my Mt.Gox account. It costed 4€. Give me Paypal or Google Checkout, please.
legendary
Activity: 1946
Merit: 1004
October 27, 2011, 10:35:10 AM
#7

buying btc or mtgoxusd with paypal or moneybookers is a great risk.


sr. member
Activity: 252
Merit: 250
October 27, 2011, 09:37:42 AM
#6
I can't figure why one would want to use paypal when deposits to Mt. Gox are now so easy.
Just open a verified account with Mt. Gox and make cash deposits at any Chase bank.  Then you can get the best price.

It might come as a shock, but the world is a little larger than USA. For us not fortunate enough to live in USA or in a established SEPA zone (that is, where SEPA transfers don't cost exactly as a wire), credit cards / paypal are the only cheap and fast ways of paying. Even getting LRUSD is a pain.
newbie
Activity: 19
Merit: 0
October 26, 2011, 05:14:42 PM
#5
I live in Europe, and funding my mtGox account is not so easy. SEPA transactions are expensive (almost in my country) and deposit is not enable for all countries. I know paypal is not the solution, I think there needs to be a localized market in each country, meaning more methods for buying / selling / trading / exchanging bitcoins.
full member
Activity: 126
Merit: 101
October 26, 2011, 12:30:11 PM
#4
I can't figure why one would want to use paypal when deposits to Mt. Gox are now so easy.

Just open a verified account with Mt. Gox and make cash deposits at any Chase bank.  Then you can get the best price.

Transferring purchased Bitcoins to your wallet from Mt. Cox are easy.
legendary
Activity: 2506
Merit: 1010
October 25, 2011, 11:23:44 PM
#3
I know most traders are totally against trading Paypal for BTC. But what about paypal to MTGUSD?

Heh,

The reason you won't find many who will trade PayPal for BTC is that Bitcoin trasnactions are non-repudiable ... the transaction cannot be either cancelled or reversed.

The MtGox USD code is a bearer instrument, and also cannot be reversed  (it can be redeemed by the sender, so that is one way it can effectively be "canceled" before it is redeemed by the recipient).  So the same problem exists with trading PayPal for MtGoxUSD as exists for trading PayPal for BTC.

You might find a willing participant in the #Bitcoin-otc marketplace.  Here's the current order book:
  - http://bitcoin-otc.com/vieworderbook.php
  - http://bitcoin-otc.com
  - http://webchat.freenode.net/?channels=#bitcoin-otc-foyer (marketplace IRC Chat)


Additionally, you might find a party willing to trade in-person through one of the local exchanges, such as BTC Near Me, Bitcoin.local or Ubitex even:
 - http://en.bitcoin.it/wiki/Category:Local
newbie
Activity: 28
Merit: 0
October 25, 2011, 11:23:29 PM
#2
Same w me but I need about 120$ worth
newbie
Activity: 8
Merit: 0
October 25, 2011, 10:33:55 PM
#1
I know most traders are totally against trading Paypal for BTC. But what about paypal to MTGUSD? I am looking to get $40-50 MTGUSD with paypal soon if possible.
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