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Well, I ended up getting scammed. Perhaps my story will help others avoid the mistake that I did. So, a user named bitcoinjedi contacted me through a pm and said he could give me bitcoin for my paypal at a near 1:1 preev rate. We talked on google hangouts via text and exchanged information. Ended up sending $1,300 to the paypal address he provided. Never got the btc. I believe I was part of a man in the middle type scam where I would send money to some third party and he, having already communicated with this third party, would receive the bitcoin instead of me. His recent posts indicate though that he never received the bitcoin either though, so he might have got scammed as well. I thought I was safe with paypal, but apparently you can't charge back friends and family payments. Anyways, lesson learned the hard way. Looks like I'm sticking to just trusted sites now. Hopefully this story will help others in the future.... Misconceptions can cost you a lot of money!
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I don't know what this original post was about, but I saw that bitcoinjedi posted here and just wanted to chime in here and say that bitcoinjedi scammed me. I posted looking for paypal to bitcoin transaction and he sent me a pm. Sent 1,300 as friends and family to the address he provided (zach's) and never got bitcoin. Seems that it was a man in the middle type thing where he was supposed to receive the bitcoin for my money. Seems like he never got the bitcoin either. I thought trading with paypal would be safe since I could charge back, but apparently you can't do that with friends and family. Lesson learned the hard way.
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I might just buy gift cards form gyft. Whats the going rate for amazon to btc?
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I have around $2.5K in a paypal account. It was not obtained through illegal means, but I still want to withdrawal it without being linked to my name. Is there someplace through escrow or whatnot where this can be done without paying ridiculously high fees. I understand that the paypal user can do chargeback which is why most people don't accept paypal, but there still has to be a way to buy some bitcoin.
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Bought one three days ago. Waiting for details. Will update when received.
edit: Got the details.
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