Bitcoin Forum

I'm currently running a business here in my country. My business requires me to use PayPal as one of my payment solution, of course there is other payment methods, but many of my customers prefer PayPal.

My Paypal Account is in USD, and converting it to my local currency is just too expensive, not to mention PayPal charges a percentage when withdrawing to my bank account.

I'm willing to sell my PayPal USD for BTC, I'm only looking to avoid the fees incurring during currency exchange, not looking to profit here.
PayPal foreign exchange fees are just too high.

1:1 ratio exchange is okay for me, I don't need to earn from here. And I will also absorb the PayPal receiving fees, but no foreign exchange fees, so it will be great if your PayPal is in USD as well.

eg.
$50 dollar worth of BTC, you get $50 in your PayPal account.

Start from low amounts, we can build trust.

Cheers

New story for scamming? Person who sells you BTC would be at risk for next 6 months as PayPal can be charged back for up to next 180 days but BTC cannot.

I do not trust it either. Paypal has a lot of very decent options to transfer money to your own bank account, in my country without extra charge. Of course you pay a percentage to convert USD to your local currency, but you can also make your customers pay in your local currency directly. There are better ways to do this, if it is a legit offer. The fact that you want bitcoins makes me doubt your offer.
All in all this sounds like an offer I would not trust.

It's great you're OK with an 1:1 trade, since you're on the side that usually pays the premium ;D

As sardasa said, you're paying with a reversible payment option, which can be easily revoked up to 180 days,
the other party would pay in a non-reversible payment option, without any option to revoke their payment (in case you reverse after some weeks/months).

I just got a story from someone he got his money reversed after 8 months yes you have read it correct 8 months paypal told him it was credit card chargebackl

What country do you live in? Since when did PayPal start charging fees to withdraw to a bank account?

1:1 - LOL. Let's be real here, even those who've been around for awhile have a hard time getting 1:1 deals. You being a new member would be looking at +~20% at minimum, if you can even find someone willing to do that.

I'm not looking to profit here, just looking to not lose value on my dollar.

Yes i am new, i have no experience trading here, but everyone's gotta start somewhere right.

Small trades are okay as well, starting from as low as $10

and yes it's a 1:1 exchange no charges, i'll send it through Friends & Family so you get every dollar. and i get 100% of the money converted into bitcoins too.

Everyone else is looking for profit & have peace in mind that this money won't be charged back.

You mean i should charge like 2-5% for the transaction?

and you say you're a business man?

I believe this is a forum where people share their ideas and what not about this beautiful concept of cryptocurrency, yes i do do business, i do it for a living.

But just because i want to perform a transaction that is free, without any extra chargers whatsoever.

I'm not a licensed currency exchanger or what not, and I'm not looking to profit from this either.

I believe there are many people out there that seeks for the opposite of what i'm looking for, i'm here to trade, not for profit. just take this a giving back to the community will ya. not everything has to have a catch...

Either you're too naive or pretending that you don't know how PayPal works (I assume it's the 2nd part as you deal a lot with PayPal)

i will take a risk an exchange a bit, will see how it ends

Payment sent to repas.sventa@gmail.com

UPDATE: the above email is a scum, scammer

Skype name: techstyle2

Disclosing their contact information in public, great.

Whoooops

Friends & Family is for, as the name says, friends and family. I've read about someone who got his Paypal-account closed after accepting a payment from a scammer this way. This option is for people you know and trust, and it will be a charge back after creditcard fraud of if the account has been stolen.

There are safer ways to get your Bitcoins on your own Paypal-account.

Don't know about PokerPro but can say you'll eventually lose money (assuming you won't chargeback) or waste time sending first to members with negative negative feedback.

Good luck.


Close Paid with PayPal balance
Transaction ID23K93098K46341407
Sent to Ixxxx Sxxxxxxxxxxx xxxxx.sxxxxx@gmail.com
Details Sent to Ixxxx Sxxxxxxxxxxx

Done.


Update: no bitcoins sent in yet. I'm -100USD right now. thanks to PokerPro. Skypeid: techstyle2

waiting for this btc

You've sent $100 first to a member without any notable reputation (in difference, they even got a lot of negative untrusted feedback)?

That's a bit odd.
https://bitcointalk.org/index.php?topic=989792.msg10769961#msg10769961

That's kl8847 Skype ID. Who has several scam accusations against him.

Wishing you just took the PayPal fee and bought using another method now?

He got me $100 apparently, fuck this dude man.

I want to reply as fast as possible but this forum only allows it every 6 minutes.....


skype name: techstyle2

doesn't matter i guess, he'll create another account for skype and just rinse and repeat the process all over again.

How about you reverse your PayPal payment? ;D

and these are mostly the members willing to deal with you here. Get used to it or change your payment method, otherwise you're just wasting your money. Time is money after all.

What was the PayPal email address? No harm in posting it now.

I can't, cuz it's friends and family.

why am i getting -4/-2 in my profile!?!?!?!

My first time in this forum and i got fucking robbed. It's a lot of money for me.

This is why you don't rush into things. The warning signs were there the whole time.

His PayPal address?

repas.sventa@gmail.com

hope he dies in a car crash sometime soon. Scumbag.

All i'm trying to do is motherfucking make an honest living and this is what i get. this asshole comes along.

I hate to say it, but: I told you so! "Friends & Family is for, as the name says, friends and family.". You are trying to cheat Paypal's fees, one way or another someone gets scammed if you do that.

That's the last thing i need to hear now "I told you so". but fuck man i needed that beating.

I still can't get over it. How do I make my ratings go up?

I'm sure PokerPro downvoted me using his accounts. motherfucking scum

https://bitcointalk.org/index.php?action=trust;u=816309

Can someone help me with my trust summary?
just got scammed $100.

I'm looking to deal more in there future, i'm genuine to the community. just hope things like that don't happen again, and i will be more cautious.

Talk to the person who gave you the red trust.

You can't use Paypal for bitcoin and "be more cautious". Escrow is not an option, as Paypal-chargebacks will end up at the escrow supplier. It may be possible to escrow the bitcoins only, but that still leaves the possibility of your Paypal being charged back sooner or later.
What you want is to exchange Paypal for bitcoin. It is (almost) impossible to do that in a secure way.

There is no feasible way to ensure a safe PayPal/BTC transaction with a newbie forum member. Or anyone for that matter. Although dealing with trusted established members could be arguably considered safer if not 100% safe. So give it up. Transfer your PayPal funds to a bank account and use those funds on a licensed exchange or on LocalBitcoins.

You can also try searching for traders here willing to deal with you but you'll either get scammed (as you already did), or told to get lost, or if you're lucky you might get a small amount exchanged with lots of paperwork and high fees.

Starting your own thread was pointless and you would have known that if you had spent a few minutes reading a POST PINNED AT THE FUCKING TOP OF THIS FUCKING BOARD (https://bitcointalk.org/index.php?topic=14632).

Newbie plus dealing with PP and wants is like a person asking for loan with authority LOL . Anyways I often visit this exchange and lending thread because new stories and made and funny instances are given, like someone last said his child in hospital so need loan, lol

Thank you for your advice and sorry my ignorance cost me $100 this time. Never again

Cheers