Bitcoin Forum

Economy => Currency exchange => Topic started by: BBLotus on May 25, 2012, 05:44:17 AM



Title: Wanting to buy $40-60 bitcoin.
Post by: BBLotus on May 25, 2012, 05:44:17 AM
I've been trying to get my hands on bitcoin but everything looks so ludicrously complicated actually transfer the money without paying multiple fee's. This whole, "bitcoin's purpose is to cut out the middleman" becomes increasingly harder to believe.

Since Paypal will auto refund the money when anyone comes whining - especially when it's for bitcoin, I'd like to offer buying you something for equal value on Ebay or whatever. Have a debit card. Also use Moneybooks or could do Linden$ from Second Life.

What route would you suggest going to getting it?

Or if we did use paypal what if I put down, "repayment for personal loan. Non-refundable." And I wrote an email saying, "my name is.... sent paypal on this date.... to (your name), and I understand this is non reversible", Not even Paypal would allow that to be reversible or would they?


Title: Re: Wanting to buy $40-60 bitcoin.
Post by: DILLIGAF on May 25, 2012, 05:58:15 AM
Not even Paypal would allow that to be reversible or would they?

Who knows with them, supposedly if you open dispute then close it on the transaction they will not allow you to open one again on that transaction so that should get rid of the reversal part.


Title: Re: Wanting to buy $40-60 bitcoin.
Post by: BCB on May 25, 2012, 06:10:11 AM
8 BTC for 50 PPUSD


Title: Re: Wanting to buy $40-60 bitcoin.
Post by: BCB on May 25, 2012, 06:15:34 AM
You could also sell a greendot code for btc
https://www.paypal.com/us/cgi-bin/webscr?cmd=xpt/Marketing/popup/GreenDotDemo-outside

bitinstant just added a very convenient way to add funds to the exchanges.
https://www.bitinstant.com/


Title: Re: Wanting to buy $40-60 bitcoin.
Post by: miernik on May 25, 2012, 07:33:56 AM
Or if we did use paypal what if I put down, "repayment for personal loan. Non-refundable." And I wrote an email saying, "my name is.... sent paypal on this date.... to (your name), and I understand this is non reversible", Not even Paypal would allow that to be reversible or would they?

Of course Paypal would allow to reverse that. Its enough that the account owner claims that someone else logged into his account and did the transfer. Description is irrelevant, as there is no proof that the real owner of the Paypal account sent the transfer. It's enough the real owner claims "it wasn't me, but someone cracked into my account (by a key-logger, looking at the password from behind his back, or whatever).

About buying Bitcoin: what's wrong for you with sending a bank transfer?


Title: Re: Wanting to buy $40-60 bitcoin.
Post by: antares on May 25, 2012, 07:39:47 AM
Not even Paypal would allow that to be reversible or would they?

Who knows with them, supposedly if you open dispute then close it on the transaction they will not allow you to open one again on that transaction so that should get rid of the reversal part.

catch is, if you receive a dispute for 10 times (or more) they will automatically cause you serious trouble.


Title: Re: Wanting to buy $40-60 bitcoin.
Post by: SgtSpike on May 25, 2012, 07:42:23 AM
Use bitinstant.  Go to your local WalMart or CVS or 7-11, pay for it, and you're good to go.


Title: Re: Wanting to buy $40-60 bitcoin.
Post by: John (John K.) on May 25, 2012, 07:51:52 AM
Use bitinstant.  Go to your local WalMart or CVS or 7-11, pay for it, and you're good to go.
Yep this +1


Title: Re: Wanting to buy $40-60 bitcoin.
Post by: miernik on May 25, 2012, 07:55:03 AM
or could do Linden$ from Second Life.

You can exchange Linden Dollars for BTC here:
http://therocktrading.com/rock/currency_exchange

Or here (larger exchange but much higher fees):
https://www.virwox.com/


Title: Re: Wanting to buy $40-60 bitcoin.
Post by: coineta.com on May 25, 2012, 01:36:37 PM
There is nothing wrong getting money in PayPal if amount is small and you don't keep much money on your account. Just receive money in your PayPal account and spend it right away on long distance call on Skype or buy something else like bitcoins for a cheaper price. It takes less than a minute to open a new PayPal account. In Canada unverified PayPal accounts can send up to $3700 per month and they can send both USD and Canadian dollars