Author

Topic: Selling BTC for paypal (Read 233 times)

member
Activity: 213
Merit: 15
January 20, 2018, 09:43:19 AM
#8
Listen to exchange.blue and find another methods for bitcoin trading - what he says is true.
member
Activity: 420
Merit: 40
January 19, 2018, 11:22:20 AM
#7
1.5 months later paypal finally gave birth.

https://snag.gy/mClgs7.jpg


Here is the face of the scammer: 
- https://snag.gy/Fy7bAL.jpg

Apparently, the eBay buyer whom i confirmed called the credit card company and submitted a dispute on paypal. Since sale of a bitcoin via ebay isn't covered by the paypal seller protection policy, they took my money to cover their looses.

WORD OF ADVISE: STAY AWAY FROM PAYPAL!
hero member
Activity: 896
Merit: 1082
January 19, 2018, 10:19:30 AM
#6
Paypal works like an escrow here!
You send me paypal and then i send you bitcoins.  If i dont send nothing, you can just open a dispute and you have your money back.
If i send first but then you dont send me paypal, how can i have my bitcoins back?

Trade honorably and honestly. Stop being a scammer.

PayPal is not an escrow service and they don't always protect those who send or pay first. Their fraud protection policies only apply to those which allow payments to be disputed or charged back.

Scammers exploit this by either using MITM to buy bitcoins at the expense of those who pay by PayPal (so essentially the scammer doesn't lose a single cent, even if the payment is later disputed) or by quickly spending the funds before a dispute is opened.

If you are not a scammer, you will send your coins to a trusted escrow on this forum who will confirm they do have the bitcoins and then (and only then) will a buyer send the PayPal payment. I'm expecting you to be unhappy about this suggestion. Why? Because there are no coins to be escrowed. Am I right.. or am I right? (no option for being wrong here!)

If my assumption is wrong, prove it by engaging a trusted escrow here and trading as I suggested above. I will then apologize and retract this post.



sr. member
Activity: 686
Merit: 250
January 19, 2018, 09:51:42 AM
#5
PAypal is not an escrow. If you want to trade, use an escrow.
newbie
Activity: 112
Merit: 0
January 14, 2018, 09:03:18 PM
#4
Paypal works like an escrow here!

You send me paypal and then i send you bitcoins.  If i dont send nothing, you can just open a dispute and you have your money back.
If i send first but then you dont send me paypal, how can i have my bitcoins back?

Lol that scam is so old and played out. You receive the money then immediately move it to another account or it's a man in the middle scheme. Either way Literally no one here will send you first.
newbie
Activity: 47
Merit: 0
January 14, 2018, 08:51:27 PM
#3
Paypal works like an escrow here!

You send me paypal and then i send you bitcoins.  If i dont send nothing, you can just open a dispute and you have your money back.
If i send first but then you dont send me paypal, how can i have my bitcoins back?
newbie
Activity: 112
Merit: 0
January 14, 2018, 08:39:43 PM
#2
You better locate escrow then because literally no one here will send you anything first
newbie
Activity: 47
Merit: 0
January 14, 2018, 08:31:31 PM
#1
Hello, im selling btc and i accept paypal

my rate is preev + 5%
min:  $400


Im not sending first since you will pay by paypal, PM for more info.
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