Bitcoin Forum

Other => Beginners & Help => Topic started by: ukbitcoiner on April 28, 2013, 07:28:52 PM



Title: buying bitcoins with PayPal 72hour hold safe?
Post by: ukbitcoiner on April 28, 2013, 07:28:52 PM
As above alot of sellers are offering bitcoins via PayPal but holding the funds for 72 hours. Is it any safer for buyer / seller?


Title: Re: buying bitcoins with PayPal 72hour hold safe?
Post by: ukbitcoiner on April 28, 2013, 07:47:05 PM
Bumpa


Title: Re: buying bitcoins with PayPal 72hour hold safe?
Post by: vm1990 on April 28, 2013, 07:50:09 PM
nope the account hacked trick still works all the way up to 30 days and sometimes longer... if you have to buy bitcoin with paypal then you need to be a very trusted person as the seller takes all the risks. i use paypal as little as possible for selling bitcoins unless its someone iv done many many trades with and i trust alot

if your a buyer then your a bit safer but you will pay a premium most of the time


Title: Re: buying bitcoins with PayPal 72hour hold safe?
Post by: The_Authorities on April 28, 2013, 08:01:42 PM
Totally, done it numerous times, buy with confidence.


Title: Re: buying bitcoins with PayPal 72hour hold safe?
Post by: ukbitcoiner on April 28, 2013, 09:26:23 PM
Thanks. Any more input?


Title: Re: buying bitcoins with PayPal 72hour hold safe?
Post by: ukbitcoiner on April 28, 2013, 10:23:47 PM
Bump


Title: Re: buying bitcoins with PayPal 72hour hold safe?
Post by: ukbitcoiner on April 29, 2013, 08:32:27 AM
Morning bump


Title: Re: buying bitcoins with PayPal 72hour hold safe?
Post by: ukbitcoiner on April 29, 2013, 10:38:24 AM
Is it safe for me to buy?


Title: Re: buying bitcoins with PayPal 72hour hold safe?
Post by: Schrankwand on April 29, 2013, 10:42:39 AM
Is it safe for me to buy?

Yes, it is safe to buy. It is however not safe to sell.


Title: Re: buying bitcoins with PayPal 72hour hold safe?
Post by: dino_saur on April 29, 2013, 12:02:16 PM
bought through paypal multiple times. good for buyer if you don't mind the higher price. bad for seller I assume vis a vis fraud/chargebacks etc.


Title: Re: buying bitcoins with PayPal 72hour hold safe?
Post by: ukbitcoiner on April 29, 2013, 02:33:27 PM
Bought 30 Bitcoins, hope it all goes smoothly ... will see in 3 days time


Title: Re: buying bitcoins with PayPal 72hour hold safe?
Post by: GorkaMorka on April 29, 2013, 02:55:39 PM
I buy with Paypal sometimes and just send a "gift" and then you can't do a chargeback so should be ok


Title: Re: buying bitcoins with PayPal 72hour hold safe?
Post by: Schrankwand on April 29, 2013, 06:47:05 PM
I buy with Paypal sometimes and just send a "gift" and then you can't do a chargeback so should be ok

If the other person claims he was hacked, that is fraudulent usage, paypal WILL reverse.


Title: Re: buying bitcoins with PayPal 72hour hold safe?
Post by: freshjulian on April 29, 2013, 06:55:03 PM
I just tried it and it worked fine!