Bitcoin Forum

I heard paypal  often charge back usd  when scammers  take coins with no intention of paying -- any alternative?

Coinbase will direct deposit into your bank acct, or sell locally with localbitcoins.  Those are the 2 best options in my opinion

Another is an exchange.  Atomic-Trade is new but has a FinCen # and located in the US.   Just not much volume on it at the moment.

 https://www.Atomic-Trade.com (https://www.Atomic-Trade.com?refid=WI2FBRV6)

Coinbase is the best one I think.

this person wants to use paypal only--  how about an escrow account and wait 45 days so a chargeback will no longer work?

If they want to use Paypal only, then you'll get scammed.   Best use a local face to face or an exchange.

Chargebacks can occur after 45 days.

Best option is a face to face exchange of cash for BTC using localbitcoins.com

best way is in person, in public. Do it at a library. Watch the transaction occur, make your exchange (coin or fiat), and walk away happily. No fees.

I heard MtGox is the quickest and most secure way to get rid of your Bitcoins.

No reasonable person will wait 45 days to receive their bitcoins.

PayPal is very risky, you should only do it with trusted members.    >>  Like me.


PayPal policies will prevent the buyer to issue a dispute for Digital Items, but PayPal might suspend your account when or IF a dispute is initiated. PayPal doesn't like Bitcoin.

Also the buyer could do a charge back using its Credit Card company vs PayPal dispute.

If you want quick cash, let me know, I do allot of PayPal transactions, I pay BTC-e rates, also we could use escrow.ms or tomocat


Wallet:   1JFyMzdUGFmBbYAQkG92xUmDqkfvJtn4UL


Proof of activity of PayPal.
https://bitcointalk.org/index.php?topic=470414.0

Recent PayPal transaction's, all without escrow. Pure Trust.

https://bitcointalk.org/index.php?topic=459248.0
https://bitcointalk.org/index.php?topic=470465.0
https://bitcointalk.org/index.php?topic=468706.0
https://bitcointalk.org/index.php?topic=490132.0

sounds like a scam.

don't use paypal for receiving money.

even if someone seems trustworthy, they have up to a year to take back their paypal "money". you don't know if their morals or circumstances can change during that time. they might get desperate.

i would use western union or similar and split the fees with them sending first, or with escrow.

PayPal them self, wont protect the Buyer on Digital Items.

  THATS the reason allot of Scammers are selling Bitcoin via PayPal, because they know PayPal will not protect the buyers at all. 

Those who used a Credit Card via PayPal, then they have the option to do a Chargeback via their Credit Card Companies.


Read this, its a personal experience being scam by a Seller selling Bitcoin.

https://bitcointalk.org/index.php?topic=463092.0

I'd say LocalBitcoins for a face to face cash transaction. Meet somewhere safe like a Cafe, Library etc

rotflmao

 Agree! it is really easy to arrange a meeting as BurtW has advised than wait 45 days) it's maybe good if you are far from each other and it's too hard to arrange meeting.