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Title: pp Post by: captainteemo on October 20, 2011, 11:46:43 PM is there any problem with sell bitcoin with paypal? any risk?
Title: Re: pp Post by: bitleaker on October 20, 2011, 11:49:13 PM Yes. The buyer can request a chargeback and there is nothing that you (the seller) can do about it. PP works with trusted buyers, but is not something that should be done with people who you don't know or trust.
Title: Re: pp Post by: Ricochet on October 20, 2011, 11:50:35 PM Quite a lot of risk, yes. You send the BTC, they send the PayPal money, then they claim they never got the product and PayPal sides with the buyer and reverses the transaction. Since BTC are irreversible, you're out the money.
And then PayPal will probably freeze both accounts since trading currencies via PP is against their Terms of Service. Title: Re: pp Post by: shads on October 21, 2011, 04:51:06 AM is there any problem with sell bitcoin with paypal? any risk? Detailed information about the risks of using paypal for bitcoin transaction can be found here (https://bitcointalk.org/index.php?action=search) Title: Re: pp Post by: captainteemo on October 21, 2011, 02:20:01 PM is there any problem with sell bitcoin with paypal? any risk? Detailed information about the risks of using paypal for bitcoin transaction can be found here (https://bitcointalk.org/index.php?action=search) Title: Re: pp Post by: Phinnaeus Gage on October 21, 2011, 02:27:14 PM is there any problem with sell bitcoin with paypal? any risk? Detailed information about the risks of using paypal for bitcoin transaction can be found here (https://bitcointalk.org/index.php?action=search) Incorporating PP as a Bitcoin exchange option have been discussed in depth on this forum. I even have suggested a way to circumnavigate around the issue to no avail. It truly is a dead end. Aside: I do like your sig idea (Your link here from 0.01 BTC ~~ Two links available from 0.01 BTC) .01 BTC per 100 post per month. Once you reach 200 posts, the rate increases to .02 BTC/month. Of course it would be based on how your posts are perceived by the one who wants to advertise in your sig. I'll go one step further. What if you, or any other person, has another forum account and say they currently have 1000 posts. That would equate to .1 BTC/month to have a link in their sig. If this is a good idea, somebody please start another thread to have it discussed. Title: Re: pp Post by: nmat on October 21, 2011, 02:31:00 PM But what if I ship a paper with private keys and post tracking number to auto win dispute? If you sell "a paper with a bitcoin private key" insted of "X bitcoins", then I believe that you can make it. Title: Re: pp Post by: worldinacoin on October 21, 2011, 02:36:23 PM But what if Paypal ban you because of trading with currency?
But what if I ship a paper with private keys and post tracking number to auto win dispute? If you sell "a paper with a bitcoin private key" insted of "X bitcoins", then I believe that you can make it. Title: Re: pp Post by: captainteemo on October 21, 2011, 02:41:45 PM But what if Paypal ban you because of trading with currency? I thought there was some court case involving go about how they don't twant it to be ruled a currency?But what if I ship a paper with private keys and post tracking number to auto win dispute? If you sell "a paper with a bitcoin private key" insted of "X bitcoins", then I believe that you can make it. Title: Re: pp Post by: Gabi on October 21, 2011, 03:00:52 PM Doesn't matter, chargeback will win and you will lose your btc, no matter what, no matter if you have tracking numbers or what else.
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