Bitcoin Forum

i want to know before i make an exchange? can people do a refund thing or whatever

Yes it is reversible, never sell bitcoin for paypal. The owner can just file a claim and get the payment reversed.

Question for you.
What reason do they normally give paypal as the reason?

i would also want to know this is there a way to hold the ammount for a certain ammount of days till they pass then be safe of charge back?

Well you can open a conflict and close it again.
Once closed It's not possible to open a conflict again tho.

EDIT: The buyer have to do so

Hi Buddy , if you take several measures than you can avoid chargebacks , but you can deal with paypal with only of your trusted friends or whom you can trust :)

you mean the seller?

The person who paid have to open a conflict and close it again.

That is a lie. It can be opened again with a phone call to Paypal. It's been done before MANY times.

I wouldn't accept PayPal payments from people who don't have any or low trust here. It's a classic scam that's happened many times: buyer gets the bitcoins, and then files a chargeback with PayPal. Doesn't matter if it's paid through Goods and Services or Friends and Family. Lots of people seem to think that F&F payments aren't reversible, but I've heard of F&F transfers being reversed after the sender claims that their account was hacked.

Was going to mention this as well. It might be a little harder to open a dispute a second time but it's very doable.

Yes it is. This kind of transaction is high risk for the bitcoin side, users can buy bitcoin with paypal and charge back the paypal payment. In this scenario the bitcoin users will lose because he can't ask a refund to the bitcoinchain.

You could do that if you appeal paypal that the buyer forced  u to close the dispute as he was going to pay me or going to send my product

Then I am sorry for the wrong information.
That is what i got from a Member.
He asked me to open a conflict and close it again.

At -Lux-
i would still love to get any reaction from you.
I am also fine If you wanna cancel the trade tho.

Yours Sincerely,

Shenglong

Would be just nice to hear any reaction instead of letting me wait after an agreement.

Not a problem. Glad we could better inform you! I do not recommend accepting Paypal at all unless the member is HIGHLY trusted.

Wow now I see you offline -Lux-
Just wanna make it open so everyone can read it too.
At 02:16:51 AM we agreed a transaction of 2 Bitcoins.
I paid the Exchange Current + 5% and he was willing to send me the Btc right after he got the funds.
Now i saw him online for a while and was waiting for any response.
Since he seemed to feel unsave i just openend a conflict and closed it again.
Now he is offline and I am waiting still for the Btc.
So i asume he opened the Thread since he wanted to see if he can keep my Money or not!

Even offered to cancle the Trade.

Seems like i have to call Paypal and the police and avoid doing transactions with paypal...
It's a sad start in the Bitcoin world..

Did you paid him paypal??? without using any escrow?
and did you paid him friend and family or via services?

Should have read the sticky. Very first thread: https://bitcointalk.org/index.php?board=53.0

Well i am pretty new in this scene and tried to get a step into the bitcoin world, since i think it's a great investment.
And yes I Paid him.. And I am so stupid to even close the conflict to recieve the btc.

Could I get an introduction what i have to say to paypal?
Since even he is online again there is no reaction at all..

Said that your account got hacked, but you control it now and can verify it. I once got scammed like this and charged back without any doubts. Never, but NEVER say them that you wanted to buy Bitcoin, if you want your money back.. If you make it up like a hack, I'm sure you will get the money back. Good luck buddy :)

You dont need to mention the name of exchange , just tell them ,you paid him for a service and after taking the funds he disappeared , and i sent him numerous emails but no reply at all ,and ask them for opening a dispute on his account , and demand for the full refund , and again sorry about your loss

He should not say his account was hacked ,paypal is not stupid and they can check the running ip on the account and they can easily verify whether its the real owner or not :)

so just tell them above what i said ;) and hope he will get the funds back :)

This can cause a problem.  ^^

I would actually say that they are stupid. I called them because of the transaction and told them to check the IP, but they said that they can't. I'm 100% sure they won't check for IP. Anyways I'm a little bit busy with reseting passwords from my old wallets, so I won't probably reply here anymore.

My buddy , it could be a mistake , but this is the rear case i have been using paypal since 2010 and i know all abt them , they are famous for limiting accounts , and ip is the way for them to catch scammers :)
so its a easy thing for them :)

Hi,
I want to Know Before Exchange Is Paypal Funds Reversible Even If I Transfer the Funds as "Gifts" Is there Any Chance To Reversible the Paypal Funds. I am Interested to Get Bitcoins from Paypal Funds Via Virvox Help. Please Suggest Me.

Buddy if they are sent as gift , they can't be disputed , unless u have paid via cc :)
and you would like to buy coins with your paypal or would like to sell your coins to them?

Or a claim of being hacked/unauthorized access. There are several ways to get around the Family and Friends/Gift thing.

yes that is also the case :)

Never used the gift thing just because people said it's not reversible. I always sent it because of the 0 fee they have here, so it was nice. I want to slap that people saying gift is not reversible.

Yes, yes, and yes, under all circumstances paypal is reversible and highly not recommended at all for buying bitcoins. Paypal customer service will side with the buyer all the time and you will lose your bitcoins. So ei6trust a buyer or don't use paypal at all.

You can exchange Paypal to Bitcoin only with reputable companies.

We sell BTC with paypal. Up to $ 150.- without verification. For higher please PM me.
The only requirement is: Do not use VPN proxy. Your IP and billing address must match.

Try it :
https://e-pincard.com

Best regards.