Bitcoin Forum

Other => Beginners & Help => Topic started by: thebeerbaron on July 18, 2012, 02:41:08 PM



Title: WTB: Bitcoins using moneybookers/paypal
Post by: thebeerbaron on July 18, 2012, 02:41:08 PM
I'm looking to buy BC using either of the above methods. Please pm me with rates. Looking for 9BC. Trusted members only (I will send first for trusted members)

Thanks.


Title: Re: WTB: Bitcoins using moneybookers/paypal
Post by: Blind on July 18, 2012, 02:45:20 PM
I sold bitcoins for paypal and all I got was a lousy chargeback.

Try harder.


Title: Re: WTB: Bitcoins using moneybookers/paypal
Post by: thebeerbaron on July 18, 2012, 08:22:56 PM
Sorry to hear about. Unfortunately, the "i got scammed on Paypal so therefore everyone who wants to buy BC via Paypal is a scammer" hypothesis is obviously beyond redundant. I'd be happy to do a wire for anyone interested in selling some too, though i'd be transferring Euros. Moneybookers (US) is also an option.

Thanks.


Title: Re: WTB: Bitcoins using moneybookers/paypal
Post by: TangibleCryptography on July 18, 2012, 08:33:29 PM
We sell BTC by bank wire.  Available @ MtGox last w/ no fees or markup.  We can lock a rate for up to 72 hours if you wish.
Still buying 9 BTC by bank wire is going to be prohibitively expensive.


On the "not everyone is a scammer"  comment while that may be true every scammer would say the exact same thing.  There is no way for a seller to know if you are a scammer or not.  Given some % of buyers paying with PayPal ARE scammers then it is a gamble.  The high number of PayPal scammers make that a bad gamble. 

Even if you are legit from a game theory point of view the seller loses before he even starts.  If a seller sold coins to 20 random PayPal buyers odds are at least one is a scammer and thus the seller loses.  So seller could charge a markup (say 10% over MtGox) however that makes it less attractive to legit buyers.  So instead of one out of 20 being scammers maybe it is one out 5 are scammers so the seller still loses.  If seller raises his markup to 30% at that price there is essentially no legit buyers so he gets 20 out of 20 scammers and still loses.

Saying "I am not a scammer, you can trust me" is kind pointless.  Would any scammer say "I AM a scammer don't trust me?"  Would they?


Title: Re: WTB: Bitcoins using moneybookers/paypal
Post by: Blind on July 18, 2012, 09:24:27 PM
Sorry to hear about. Unfortunately, the "i got scammed on Paypal so therefore everyone who wants to buy BC via Paypal is a scammer" hypothesis is obviously beyond redundant. I'd be happy to do a wire for anyone interested in selling some too, though i'd be transferring Euros. Moneybookers (US) is also an option.

Thanks.

I never sold coins via paypal for exact reasons stated above by TangibleCryptography. Maybe not everyone who wants to buy bitcoins via paypal is a scammer, but new member in newbie section, freshly out of registration gate asking for some, pretty much likely. Some are more sophisticated than that, they up their post count a bit before asking :)

But if you happen to be genuine and in Europe (judging from euros in your possession), why won't you do SEPA transfer to Intersango and get some that way?