Bitcoin Forum

I am particularly interested in point 3. Isn't using Paypal with bitcoins a taboo? Has anyone tried the site?

https://steemit.com/bitcoin/@jellytail/3-ways-to-grow-your-bitcoins-or-3-ways-to-lose-your-bitcoins

It is not necessarily "taboo", just illogical. You are mixing two methods of payment, one reversible and the other one not. Especially when charging a 15% Markup.

No one in their right mind will pay almost $100 more for a bitcoin. This will only encourage scams.

What is it?
Posting some link of steemit to earn some views and win some money?
Post here or to the trash with this trhead...

I haven't try the site yet. But wander as well is it really works as you say or not. I don't see the reason the site would pay 15% up to your bitcoins, it seems a bit illogical to me. But probably they know that bitcoin will grow even higher soon, that is why they are buying it for such price.

Most PayPal transactions turns out to be a scam, with the transactions being reversed and PayPal taking sides against the Bitcoiners. We have more than enough legitimate services, where people use Escrow to buy and sell bitcoins. The regulated exchanges will never use PayPal payments, because they know it is a scammers paradise. ^hmmmm^

If you want to buy sell with paypals then the best choice (in my opinion) is this forum's exchange service. the site you are talking about may be legit but I never used that. and you can get almost the same discount from this forum too..


LOL.. maybe he tried to promote his own post to get some upvotes. but I don't think it will work for him.. upvotes of this forum users have not value.

I have heard about this xcoins before and also they get promoted before in big bitcoin magazines however dont know how they are still in operation and paypal not banning or limiting their account as i think paypal completely restrict bitcoin related transaction and they are openly providing buying bitcoin with paypal service. I will stay away better to sell in person to person deal from which also you can get higher price than market rate.

I remember Paypal has a 3 month chargeback window period.

Anything can happen within the 3 months and buyer could play punk.

I filed a chargeback with paypal over miningsweden but it was ruled against me because probably i did not do it correctly.

I tried selling BTC for PayPal once before but it was to someone that was trusted through localbitcoins and was for almost no profit for me "and a 1-2% lower rate than the market actually", A website offering PayPal for such rate is sketchy to say the least..

I had experience with selling BTC with PayPal but that was with one trusted seller I know and had previous experience. Otherwise I wouldn't recommend this because of possible chargeback. But of course, there wasn't any word mentioning paying for Bitcoin because PayPal doesn't support that and you might end with your account suspended.

It all depends on what we do and we assure. When we are sure that it can give you an advantage, then I'm sure he got all the things that will give you what he's thinking. This depends on the viewpoints and also how they attempt to do so.

is this a clear advertisement (self promotion) or what :D

and what about that site you are quoting about? the xCoins i have never hear about it. is it another place for the paypal scammers to gather around and do charge backs on irreversible bitcoin transactions?

I do not want to try anymore new sites.  It is hard to tell if it is just a trap for another scam site.  Paypal is good because I was able to transfer money or pay someone without fees.  It is just sad that they do not have strict rules on reversing payment. 

Well to earn bitcoin you will need patience and will to make money. Making money is not a easy task if requires lot of patience and none of my friends loves that. But now I am helping guy that how to develop patience in mind and control in hands.

To earn bitcoin you can choose trading(highly recommended) , gambling (not at all recommended) , investing(recommended if the site is legit and proof of payment)

To loose bitcoin go to gambling site and lose your money because gambling sites are designed in such a way user will lose more than to earn.

yes patience is need for this as well as hard work. Because it is one of the most important behavior in earning money. No hard work, no money!

earning bitcoin have many ways to grow more and many ways to lose it. And i agree the statement above  :)

so the solution is hire an escrow and ask him to hold your funds till 3 months.. when the paypal chargeback period end then release the funds to the exchangers. this is the best choice I can consider. other wise dealing with paypal can cause you 100% loose. (unless the buyer is known and trusted person)

In gambling only house will win and you cannot expect any profits in long run, so its better to stay away from it and to grow them I don't see any other better option then trading.

I have been stung a few times by Paypal and now wouldnt touch them with a barge pole, thanks for the heads up on that one, not that i would have been buying bitcoin at a 15% markup anyway, that is just robbery, what sort of business model is that anyway.........  ???

Best way to earn bitcoin is using bitcointalk signature campaign. Many of my friends usages and they earn huge amount another way is to use faucet of various sites and also Google for bitcoin free giveaway. If you have money then invest in trading sites and start trading with various coins.

This just seems to be another one of those advertisements for a website. For profits you can just become a trader on localbitcoins and sell it with a profit to earn some quick money.

If that method worked, the site owner would probably be doing it himself.

This looks like another selp promotion thread, anyway why would we pay 90 dollars extra to get bitcoin with paypal? I do buy and sell my bitcoins with a fixed ammount, being 1 btc or even 2 btc i pay the same to the buyer/seller. Atleast i do believe the fee taken is enought for both of us.

I am in my right mind most of the time, and yet I've still used wesellcrypto.com, which has a huge markup.  I don't do it often, just when I feel the overwhelming need to own bitcoin at that moment.  Strange how that feeling comes upon me sometimes.  I don't see any conflict with bitcoin and PayPal, except with the 100s of scammers on this forum who try to use PayPal's reversible nature to their advantage.  They're both very good payment methods in my opinion.

use your bitcoins to buy low and sell high

If you really want to sell your Bitcoins at a more premium price than what the current market is offering then you should use localbitcoins.com. You yourself can choose which payment methods to use and you can even choose to meet up with the one you are transacting with to meet in person. The service allows and gives you the opportunity to act as your own exchange.

There are ways to grow your bitcoins:
1.Invest in Trading
2.Sell your bitcoins with interest
3.Gamble your bitcoin
Invest bitcoin in trading is the best way to grow your
bitcoins. Were you can gain profit
Sell your bitcoins with interest, for sure youll
gonna earn profir and will grow your bitcoin.
The easiest way to lose your bitcoins is to gamble
in dice site. You'll gonna lose some youll gonna
win some bitcoin.

xcoins.io...... The site seems super fishy and I definitely don't recommend using it. Just stick to the major sites like Localbitcoins and Coinbase. 15% markup? Who would even buy Bitcoin at that price?

Bitcoin and paypal is different pay methods on line. Growing bitcoin is more easy. People can start with working on signatures campaign. It can be a little amount of capital on trading.

not just signatures campaign but yes its a free source to make bitcoin and the other to make bitcoin grow is to lending your bitcoin into market exchanger for some limit time.

Why do people think that it is normal to make money out of money? The normal case would be to receive money for work done or items sold. Making money out of money always involves significant risk. That is even more true for Bitcoin, where I consider the vast majority of "investment" opportunities to be either scam or offered by entirely incompetent people for the business in question.
Then there are the "trader guys", who think that they have superior skills to predict future market movements based on chart analysis. Fact is that over 80% of these guys will end their activity with a negative return on investment.

Yet the believe that Bitcoin is a magic money making machine seems to be ineradicable, no matter how many people have already lost their BTC...

It's far easier and much more enjoyable to do same work or sell some stuff for Bitcoin and then simply hold on to it or use it to buy things you need.

ya.ya.yo!

You can try to gamble with them because then  you will have a chance to make more Bitcoin with the 3 that you already have.
It is a risk that you will have to take because with gambling you can lose it all.

because it is normal and in some cases the right thing to do.
have you ever heard of investing money instead of leaving it idle in your mattress or in your bank?
this is the same thing here. you should not just leave your money idle in your cold storage and "let it sleep" as we call it in my language.


however there is no argument here, and when i say investment above it means a legit investment in a real business.

Three ways to earn bitcoins are :-
1. Increase your activity and enroll in campaigns
2. Go to freebitcoin.in to get free bitcoins
3. Start mining

Three ways to lose bitcoins
1. Spend on useless things
2. Gambling
3. Start betting for high values without even knowing the pattern   

This is the 3 ways i know when you want to grow your bitcoins

* Trading
* Investment
* Investing in Lending

And this the 3 ways how to lose all your bitcoins

* Gambling
* Greedy decision on investing on ICO's
* HYIP Investment

Those 3 ways of growing and losing bitcoin is based on my experience and i hope that it can help you to make better decision on choosing where will you invest your bitcoins.

Good suggestions but for the signature campaigns, user must have good reputation, good quality of posts and high forum rank, in order to earn bigger amounts.
Other 2 are not so much profitable any more.
My suggestion is to learn some skills, like programming, and offer paid service, in Bitcoin.
Trading is always risky and not recommended.

OP obviously collect some traffic and promote a fishy site.

Why people still not aware if investing in strangers things like OP site is make losing, I know the humans is a greedy creature, but not stupid.
3 ways to grow more bitcoin is: hard work, discipline and time management. These factors can affect what your activity to earn bitcoin, it's something like work, sell stuff (open business) or create a project.
3 ways to lose it: use money to grow it without considering research first, spending in useless things and being stupid.

I think it is right if OP uses " taboo" term because it means that the thing is not acceptable to do about. I think many bitcoin users do not agree to use bitcoin and paypal in the same time. imo

well I never try the site first, but I think they have a system they think it is good enough.

The irony of this is that bitcoin can be lost through thesame means with which it can be grown. For instance, bitcoin trading, mining and gambling are all investment areas through which bitcoin can be grown. However, each has its own share of risk which suggest that bitcoin can be equally lost via any of the three areas.

Honestly many ways that you can grow your bitcoins right now unlike before that few sites are paying in bitcoin.. you can now grow your bitcoin and use it as your capital to start business online like joining in affiliate marketing and use your bitcoins earnings to promote your sales.. also the other thing you can also use bitcoin to start trading. many ways right now you can grow your bitcoin but you need to ba hard work to be successful in the fuutre..

Hello my name is nomso, i felt I should share a little bit of what I do with you. Am into five2btc bitcoin member to member donation scheme, which u can start with as low as 0.01bitcoin(5000naira) and earn 64bitcoin within 3-5months.
  
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  Five2btc is not for people who want the fast money tho, it's something u invest just 5k and build with time. U can Google it if u like...or if u are into bitcoin already or u just wanna get started right away u can click here to register  https://www.five2btc.com/ref/6cf0e257de/register

Gambling and trading should be considered as a mean of lose and growing bitcoin , they both have risks , but gambling has more risks then trading , the bigger the risk the bigger the wine ,  there is no fast way to getting rich , if you want bitcoin you have to work for it , learn a skill and offer your services for bitcoin , or join a signature campaign and work you rank up so you grow more bitcoin

My way of trading is very simple i wanted to earn through Signature campaign, and i have some skill through which i earn bitcoins and some by trading

i really dont think that shit its true , right now bitcoin is almost 1000$ so 15% means 150$ per bitcoin , thats huge 150$ for free. why would someone do that? just for growing his website reputation or views , i dont think so . defenetly it is a scam

Assuming that you actually have experience when it comes to trading, it is incredibly easy to make a lot of money off of it and watching trends. Again, that comes down to experience. if you don't have the experience then it is incredibly more difficult for a decent profit to be made.

A lot of forex experience can translate very well into the cryptocurrency market, so I expect some riskier investors to be using altcoin trading a fair amount.

No, I have not tried the site and I would advise against it. Almost all methods to magically "grow" your Bitcoin are either scam or involve significant risk. Besides that selling BTC for fiat trash money is stupid to begin with, accepting Paypal transfers is pure idiocy. The return on investment is likely negative. The site xCoins.io makes profit by outsourcing the risk to the BTC sellers.

If you want more Bitcoin, work for them or sell some stuff. This is far easier and less risky than any investment schemes.

ya.ya.yo!

Well, as I've heard from many of forex traders saying that cryptocurrencies trading is far easier than forex trading so, I guess they could maximise their potential in gaining the profit
But in my opinion that the fact is both actually have the same level of difficulties thus people can't that easily making a profit as for some prove that those forex traders didn't instantly rich
when it comes to crypto trading

Yes it's true. It's a best way to earn bitcoin,  any other way to earn bitcoin?

3 ways to grow BTCs are: Casino investment bankroll, lending investment, HaoBTC wallet that generates interest.

3 ways to lose BTCs are: Cloud mining investment, Ponzi HYIP investments, most Alt-Coins.

In my opinion there are another methods that are neutral, you can make profit or not, it's undefined, like gambling (depends your luck and your greed), trading (depends a lot of skills and luck), binary options (skills and luck too).

Paypal doesn’t allow people to sell Bitcoins in exchange for Paypal credit is very simple. Bitcoin is like cash and Paypal is credit. If someone disputes the sale of the Bitcoins after they bought them with Paypal, the company (Paypal) has no way of knowing if the transaction actually happened. This is mainly due to the pseudonymous nature of Bitcoin. Therefor, Paypal closes down any account that will accept payment for Bitcoins with their credits.
I don't try this site so no idea about this site.you can try at your own risk.remember Bitcoin and paypal both are two different payment method ;D