Hi everybody,
I'm looking to buy some bitcoins to buy a mining machine. Most of the manufacturers only seem to sell them for bitcoins. The problem is I'm fairly new to mining and only have .012 bitcoins
I was hoping someone here could tell me a good and fast way for me to buy some bitcoins, say about 3.25 bitcoins minimum should get me the device I want.
Should anyone here want to sell some of their bitcoins. I'd be happy to pay with paypal or google checkout, just let me know how much you want for them and if it's close to the exchange price we can probably work something out.
Thanks for the info!
Korxax
So you're unwilling to send money to a seller via an irreversible payment method such as cash deposit on Localbitcoins but you expect sellers to take paypal? Really?
Yeah, so I'm a newb. It was more a matter of being able to get them quickly. All the exchanges take forever and require a ton of identity stuff. My in-laws had their Identity stolen so I hate giving all that out. I'm signed up with LocalBitcoins now, but the only guy nearby wanted over $1200 ea. when bitcoin was at about $720. Even LocalBitcoins would only escrow .08 bitcoins since I'm new. I now understand the risk the seller is taking more than I did at the time, I knew I wouldn't rip him/her off, but as you say, there is no way he could know that. I did get offers from several people that would accept paypal by the way, so it isn't impossible to get someone to do it. Ultimately I didn't take them up on it. At this pint it no longer matters, I was able to get the miner I wanted buy wiring the cash to the manufacturer, somehow I missed that option when I looked the first time. I thought they would only accept bitcoin.
I really hate that there are so many crooks out there that make an honest exchange so difficult, but what can you do? I assumed that PayPal would protect the seller from an unjust chargeback if they could prove that they sent what was asked for. I know that now to be untrue. In fact, Paypal could freeze both people's accounts over transactions in PayPal since it's against their terms of service. (they don't allow currency exchange of any kind from what I understand). I also didn't know that when I posted my request.
So I would now not recommend anyone do a transaction with anyone for bitcoin with PayPal. My wife has an Etsy store:
http://www.etsy.com/shop/AndreasArtJewelry?ref=search_shop_redirect So I can't afford to have her PayPal account frozen. We've been trying to figure out a way to accept bitcoin for her stuff, but I don't know how we'd do it within Etsy. We'll probably have to make her own site for that. but if you see something you like. We can do it in bitcoin for you.
Korxax,
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