WTB ~3x Bitcoin with PayPal funds (gift ofc). escrow: John K

DannyHamilton

legendary

Activity: 3472

Merit: 4801

If you give up on the PayPal idea, I'm willing to sell you the bitcoins you desire.

I require MtGox_Last + 5%.

Acceptable forms of payment are:

Western Union
MoneyGram
Mailed U.S. cash
Mailed U.S. postal money order
Face-to-face cash exchange if you are anywhere near Chicago

You would have to pay any fees associated with whatever form of payment you choose. Either you send first, or we use trusted escrow.

DannyHamilton

legendary

Activity: 3472

Merit: 4801

There is simply no secure safe irreversible way to accept payment via PayPal for something irreversible like bitcoin.

You either accept the risk of fraud and set your exchange price accordingly, or you do like all the other knowledgeable people around here and avoid PayPal entirely.

grue

legendary

Activity: 2058

Merit: 1452

Quote from: ABitBack on August 05, 2013, 02:56:48 PM

Hmm I guess the only way would be to create a PayPal account, send funds to it then simy trade the account via escrow. The new holder can then send the funds to themselves and change the password/email.

No, they'll recover the money by clawbacks.

ABitBack

hero member

Activity: 524

Merit: 502

Quote from: DannyHamilton on August 05, 2013, 02:50:32 PM

Quote from: ABitBack on August 05, 2013, 01:57:33 PM

Quote from: John (John K.) on August 05, 2013, 12:15:08 PM

PS: I will not hold any currencies apart from BTC here as I would be dumped with the chargeback risk in this case.

I was under the assumption you couldn't do a chargeback when sending as a 'gift' as its not protected.
- snip -

Your assumption is incorrect.

Hmm I guess the only way would be to create a PayPal account, send funds to it then simy trade the account via escrow. The new holder can then send the funds to themselves and change the password/email.

DannyHamilton

legendary

Activity: 3472

Merit: 4801

Quote from: ABitBack on August 05, 2013, 01:57:33 PM

Quote from: John (John K.) on August 05, 2013, 12:15:08 PM

PS: I will not hold any currencies apart from BTC here as I would be dumped with the chargeback risk in this case.

I was under the assumption you couldn't do a chargeback when sending as a 'gift' as its not protected.
- snip -

Your assumption is incorrect.

ABitBack

hero member

Activity: 524

Merit: 502

Quote from: John (John K.) on August 05, 2013, 12:15:08 PM

PS: I will not hold any currencies apart from BTC here as I would be dumped with the chargeback risk in this case.

I was under the assumption you couldn't do a chargeback when sending as a 'gift' as its not protected. I might take a look at buying linden dollars and doing it that way.

John (John K.)

legendary

Activity: 1288

Merit: 1227

Away on an extended break

PS: I will not hold any currencies apart from BTC here as I would be dumped with the chargeback risk in this case.

UnderGod

full member

Activity: 163

Merit: 100

Feeling as this should be said:
1 minute after my last reply (yeah, nice timing John K :p), I received the next info:
John K would not be intermediary to the paypal transaction, he would just hold the coins and ABitBack would be sending the paypal funds directly himself, so it's completely not as described in the first post.

UnderGod

full member

Activity: 163

Merit: 100

Quote from: UnderGod on August 05, 2013, 05:47:19 AM

Quote from: ABitBack on August 05, 2013, 04:37:18 AM

He has indeed agreed. I'll PM him and yes I'm ok with paying the fees.

If John K has agreed, then we can go through with this, and I'm awaiting PM from John K with his escrow address.

Found a way to spend my coins instead of selling them, so no go anymore for me, good luck in finding another buyer!
Maybe ask John K to confirm in this thread he's agreed to escrow this deal, will make things a lot easier for you to find someone

UnderGod

full member

Activity: 163

Merit: 100

Quote from: ABitBack on August 05, 2013, 04:37:18 AM

He has indeed agreed. I'll PM him and yes I'm ok with paying the fees.

If John K has agreed, then we can go through with this, and I'm awaiting PM from John K with his escrow address.

ABitBack

hero member

Activity: 524

Merit: 502

He has indeed agreed. I'll PM him and yes I'm ok with paying the fees.

UnderGod

full member

Activity: 163

Merit: 100

Quote from: danieldaniel on August 05, 2013, 03:06:08 AM

LOL. There are so many problems with this transaction... John will never agree to this.

That's why I said "if he agrees" ;-)

danieldaniel

hero member

Activity: 854

Merit: 1000

LOL. There are so many problems with this transaction... John will never agree to this.

UnderGod

full member

Activity: 163

Merit: 100

Quote from: ABitBack on August 05, 2013, 02:03:33 AM

Looking to buy 3BTC via PayPal funds. The escrow will be John K and it will work like this.
I gift John the funds then he will gift you. If you want to sell more or less than 3 Btc that can be arranged.

If John K actually agrees with this transaction and you pay the fees, you've got a seller here

ABitBack

hero member

Activity: 524

Merit: 502

Looking to buy 3BTC via PayPal funds. The escrow will be John K and it will work like this.
I gift John the funds then he will gift you. If you want to sell more or less than 3 Btc that can be arranged.

Topic: WTB ~3x Bitcoin with PayPal funds (gift ofc). escrow: John K (Read 965 times)