Bitcoin Forum

Economy => Currency exchange => Topic started by: gary492 on November 01, 2013, 05:20:23 AM



Title: Want to buy BTC
Post by: gary492 on November 01, 2013, 05:20:23 AM
I wanna buy some BTC with my Paypal Please Message me thanxs  ::)


Title: Re: Want to buy BTC
Post by: LouReed on November 01, 2013, 02:24:14 PM
How many?


Title: Re: Want to buy BTC
Post by: Tomatocage on November 01, 2013, 04:22:42 PM
I can serve as escrow for this, just LMK.


Title: Re: Want to buy BTC
Post by: DannyHamilton on November 01, 2013, 05:23:26 PM
I can serve as escrow for this, just LMK.

Why bother with escrow on a PayPal transaction?  How does escrow help?

PayPal is not safe for exchange with bitcoin unless the person paying with PayPal is trusted.  Escrow does not solve that problem, and if the person is already trusted enough to accept PayPal from them, then escrow does not provide anything usefull.


Title: Re: Want to buy BTC
Post by: AU on November 01, 2013, 07:33:07 PM

PayPal is not safe for exchange with bitcoin unless the person paying with PayPal is trusted.  Escrow does not solve that problem, and if the person is already trusted enough to accept Paypal from them then escrow does not provide anything usefull.

Except a nice little fee for the escrower lol


Title: Re: Want to buy BTC
Post by: BurtW on November 01, 2013, 07:40:33 PM
Escrow could be used to make paypal safe:

Buyer sends paypal funds to the escrow agent
Seller sends the BTC to the escrow agent
Wait one year
If there is no chargeback on the paypal funds in one year the fund are "pretty safe"
Now release the USD to the seller and release the BTC to the buyer.

;)


Title: Re: Want to buy BTC
Post by: gacr on November 01, 2013, 08:08:19 PM
I wanna buy some BTC with my Paypal Please Message me thanxs  ::)

buy from localbitcoins ..... here is impossible to find someone who sell btc for pp .....


Title: Re: Want to buy BTC
Post by: BurtW on November 01, 2013, 08:50:25 PM
Yes, best place to start is https://localbitcoins.com

Even if you cannot find someone to meet with you for a face to face exchange of cash for BTC there are many people who will send you BTC once you deposit cash directly into their bank account.  Or, you can use moneypak, moneygram, western union, etc.

PayPal and credit card purchases of Bitcoins in general do not work and are not done.


Title: Re: Want to buy BTC
Post by: Tomatocage on November 01, 2013, 09:41:44 PM
Why bother with escrow on a PayPal transaction?  How does escrow help?

PayPal is not safe for exchange with bitcoin unless the person paying with PayPal is trusted.  Escrow does not solve that problem, and if the person is already trusted enough to accept PayPal from them, then escrow does not provide anything usefull.

An option within PayPal is to send as Friend/Family or Gift, which makes chargebacks more difficult without jeopardizing the status of the account. I'm going on the assumption that this is how the PayPal transaction will be sent. By offering escrow, we're effectively filtering out one type of scammer -- the ones who get the buyer to send first as F/F or Gift and then disappear once the funds are sent. That leaves the buyer with the only option of claiming a compromised account to get his money back, which can sometimes results in a perma-banned account.


Title: Re: Want to buy BTC
Post by: madmadmax on November 02, 2013, 02:19:43 PM
Why bother with escrow on a PayPal transaction?  How does escrow help?

PayPal is not safe for exchange with bitcoin unless the person paying with PayPal is trusted.  Escrow does not solve that problem, and if the person is already trusted enough to accept PayPal from them, then escrow does not provide anything usefull.

An option within PayPal is to send as Friend/Family or Gift, which makes chargebacks more difficult without jeopardizing the status of the account. I'm going on the assumption that this is how the PayPal transaction will be sent. By offering escrow, we're effectively filtering out one type of scammer -- the ones who get the buyer to send first as F/F or Gift and then disappear once the funds are sent. That leaves the buyer with the only option of claiming a compromised account to get his money back, which can sometimes results in a perma-banned account.

The sender could then login to his Paypal account from a VPN and send the payment as gift, when he would later logon into the account from his real IP and he would request to reverse the transaction and Paypal would reverse it no questions asked. Just got to be aware of that.

I am looking to buy 0.42BTC with Paypal, have already done so twice on this forum, trusted member.


Title: Re: Want to buy BTC
Post by: Mosi on November 02, 2013, 05:14:22 PM
I wanna buy BTC, Online money transfer, I can give you all of requested information (Tell, Address etc)  for trust.


Title: Re: Want to buy BTC
Post by: BurtW on November 02, 2013, 05:44:58 PM
I wanna buy BTC, Online money transfer, I can give you all of requested information (Tell, Address etc)  for trust.
Did you try https://localbitcoins.com

?


Title: Re: Want to buy BTC
Post by: Mosi on November 02, 2013, 10:38:14 PM
I wanna buy BTC, Online money transfer, I can give you all of requested information (Tell, Address etc)  for trust.
Did you try https://localbitcoins.com

?

Yes, But I am wondering if anybody here is interested in trade.


Title: Re: Want to buy BTC
Post by: Shallow on November 03, 2013, 01:28:45 AM
Some people sell small amounts for PP