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Title: BTC - Paypal Post by: Mircx on December 20, 2013, 02:41:45 PM Good Morning
I have a question, I want to sell 3.49 BTC via PayPal, is recommend to me save them until the price go up or sell them more than once? Title: Re: BTC - Paypal Post by: pontiacg5 on December 20, 2013, 02:47:44 PM Don't sell them for paypal. You will probably be ripped off, have your bitcoins stolen, and have a negative paypal account balance with debt collectors chasing you.
Put them on localbitcoins and wait. Cash money in hand is the only sure way to not be ripped off. Title: Re: BTC - Paypal Post by: tajimiD on December 20, 2013, 02:48:56 PM I'm also curious about selling via PayPal. For other cryptocoins I know that they recommend doing a smaller transfer first, and doing purchases in segments. For BTC, is it standard to do a transaction for a fraction of a BTC first using paypal and keep doing small transfers, or is there a safer/preferred purchasing method?
Thank you, Dave. Title: Re: BTC - Paypal Post by: yatsey87 on December 20, 2013, 02:50:42 PM Good Morning I have a question, I want to sell 3.49 BTC via PayPal, is recommend to me save them until the price go up or sell them more than once? I would heed pontiacg5 advice. I'd personally keep them until the value rises. If you need some cash just sell one or something. Title: Re: BTC - Paypal Post by: pontiacg5 on December 20, 2013, 02:55:31 PM I'm also curious about selling via PayPal. For other cryptocoins I know that they recommend doing a smaller transfer first, and doing purchases in segments. For BTC, is it standard to do a transaction for a fraction of a BTC first using paypal and keep doing small transfers, or is there a safer/preferred purchasing method? Thank you, Dave. This will totally work. Because when the seller calls paypal and says his account was fraudulently accessed paypal will reverse anything and everything the account holder asks for. Paypal doesn't care if they reverse 1 transaction or 20, but it sure does make the scammy buyer seem more legitimate to a bitcoin noob. If anyone ever suggests paypal for any crypto at all, run. End of story. Title: Re: BTC - Paypal Post by: wanchongshan2 on December 20, 2013, 03:20:15 PM use localbitcoins
Title: Re: BTC - Paypal Post by: Mircx on December 20, 2013, 03:46:53 PM localbitcoins accept paypal?
Title: Re: BTC - Paypal Post by: Kenshin on December 20, 2013, 03:50:24 PM Good Morning I have a question, I want to sell 3.49 BTC via PayPal, is recommend to me save them until the price go up or sell them more than once? Don't sell on via PayPal. If they know it is bitcoin. Your account will be closed. Title: Re: BTC - Paypal Post by: Kenshin on December 20, 2013, 03:51:03 PM Title: Re: BTC - Paypal Post by: hilariousandco on December 20, 2013, 03:52:42 PM Yes they do. Or at least some sellers do. Title: Re: BTC - Paypal Post by: pontiacg5 on December 20, 2013, 04:12:47 PM Yes they do. Or at least some sellers do. And it is no different than selling for paypal here. The buyer of coins gets escrow, but too bad the buyer isn't the one that needs protection. Reread what I said. "Put them on localbitcoins and wait. Cash money in hand is the only sure way to not be ripped off." Title: Re: BTC - Paypal Post by: hilariousandco on December 20, 2013, 04:28:41 PM Yes they do. Or at least some sellers do. And it is no different than selling for paypal here. The buyer of coins gets escrow, but too bad the buyer isn't the one that needs protection. Reread what I said. "Put them on localbitcoins and wait. Cash money in hand is the only sure way to not be ripped off." Yes, but that's not what he asked. He asked if they accept PP. You can get ripped off by cash in hand deals too. Nothing is foolproof. |