This doesn't work because:
When a user disputes a Paypal payment, and they didn't even know they were first buying LD, then how will you prove to paypal that they got what they were paying for?
So chargebacks will happen probably with 100% success for those filing disputes.
Topic: Paypal to BTC price acceptable - page 2. (Read 4127 times)
the glory of the internet 
I am reconsidering now...
oh doing some research I also found a competing way that is more secure and trusted, I tried it out now and it worked nearly instantly
go to virwox
buy LD at ~260 LD/USD
buy BTC at ~ ~950 LD/BTC
works quite well and that's what I will recomend to people in the future
And how much did that cost in fees?I am reconsidering now...
oh doing some research I also found a competing way that is more secure and trusted, I tried it out now and it worked nearly instantly
go to virwox
buy LD at ~260 LD/USD
buy BTC at ~ ~950 LD/BTC
works quite well and that's what I will recomend to people in the future
Edit: Also, do you have to install SL / have a SL account to do it?
You don't need a SL account... just make up a fake avatar name and it works fine. Fees are reasonable, but you won't be able to do this at scale. Virwox has fairly small daily transaction limits.
the glory of the internet
I am reconsidering now...
oh doing some research I also found a competing way that is more secure and trusted, I tried it out now and it worked nearly instantly
go to virwox
buy LD at ~260 LD/USD
buy BTC at ~ ~950 LD/BTC
works quite well and that's what I will recomend to people in the future
And how much did that cost in fees?I am reconsidering now...
oh doing some research I also found a competing way that is more secure and trusted, I tried it out now and it worked nearly instantly
go to virwox
buy LD at ~260 LD/USD
buy BTC at ~ ~950 LD/BTC
works quite well and that's what I will recomend to people in the future
Edit: Also, do you have to install SL / have a SL account to do it?
the glory of the internet
I am reconsidering now...
oh doing some research I also found a competing way that is more secure and trusted, I tried it out now and it worked nearly instantly
go to virwox
buy LD at ~260 LD/USD
buy BTC at ~ ~950 LD/BTC
works quite well and that's what I will recomend to people in the future
I am reconsidering now...
oh doing some research I also found a competing way that is more secure and trusted, I tried it out now and it worked nearly instantly
go to virwox
buy LD at ~260 LD/USD
buy BTC at ~ ~950 LD/BTC
works quite well and that's what I will recomend to people in the future
"sneaky ways" usually end up not working and getting you in trouble.
Hehe. Well said !
"sneaky ways" usually end up not working and getting you in trouble.
its:
paypal to buy A
A to buy BTC
^ and the user doesnt need to know about those two
and tbh I dont want to give it away until I confirm I cant do it with a clean user experience
paypal to buy A
A to buy BTC
^ and the user doesnt need to know about those two
and tbh I dont want to give it away until I confirm I cant do it with a clean user experience
ya, what is this sneaky way?
If I found a sneaky way to offer paypal > btc, what price would you accept think people buying there first bitcoins
the current price is 2.93 and my method would work to about 3.30
what would the demand at that rate be ?
If you're able to do this with a simple and clean user experience, I think you'll have a large market at that price. think people buying there first bitcoinsthe current price is 2.93 and my method would work to about 3.30
what would the demand at that rate be ?
But if by "sneaky way" you mean that the user will use PayPal to buy A, use A to buy B, and use B to buy bitcoins, it will be closer to 0.
If I found a sneaky way to offer paypal > btc, what price would you accept think people buying there first bitcoins
the current price is 2.93 and my method would work to about 3.30
what would the demand at that rate be ?
think people buying there first bitcoinsthe current price is 2.93 and my method would work to about 3.30
what would the demand at that rate be ?
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