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Whoever mines the block which ends up containing your transaction will get its fee.
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Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
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madmat
Legendary
 Offline
Activity: 966
Merit: 1000
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March 30, 2015, 11:18:17 AM |
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tonyq (OP)
Legendary
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Activity: 879
Merit: 1001
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March 30, 2015, 12:52:06 PM |
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Their site says paypal payments within 5 minutes. I sent 0.01 as an experiment 90 minutes ago. Nothing paid in to my paypal as yet....I'll post when/if it happens.  |
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WhatTheGox
Legendary
Offline
Activity: 812
Merit: 1000
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March 30, 2015, 12:53:32 PM |
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Just wait for paypal to incorporate bitcoins direct, it cant be long now with neteller news who knows what is coming next....
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--Encrypted--
Copper Member
Legendary
Offline
Activity: 924
Merit: 1007
hee-ho.
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March 30, 2015, 12:57:59 PM |
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you know that you could just go to the marketplace and buy/sell for paypal there right?
there some pretty trusted user there. better than some questionable sites, at least.
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tonyq (OP)
Legendary
Offline
Activity: 879
Merit: 1001
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March 30, 2015, 01:22:01 PM |
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At least if they rip me off I can warn others and save them. I'm a martyr.  |
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duckydonald
Sr. Member
Offline
Activity: 378
Merit: 250
Pre-sale - March 18
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March 30, 2015, 01:51:39 PM |
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site is an easy 10 minutes to make, I call it a scam site, just for the fact they only buy bitcoins with paypal. |
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AtheistAKASaneBrain
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March 30, 2015, 02:17:27 PM |
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I remember Virwox also offered a service that would let you buy BTC over paypal but it was very limited. Usually is not a good idea to use paypal to buy BTC even tho is the quickest way afaik. |
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shogdite
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March 30, 2015, 02:25:57 PM |
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Never heard of that site before. I'd avoid using paypal to buy/sell any bitcoin regardless of the amount, there's just too much risk involved. The most tried and tested way is virwox but even that seems a lot of hassle when you can just use sites like localbitcoins. |
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bensam12345
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March 30, 2015, 02:35:12 PM
Last edit: March 30, 2015, 02:47:59 PM by bensam12345 |
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Only place I have bought bitcoins with paypal at market rate + little fee (0.3% i think) is in uciex I purchased about 7 Bitcoins there, went smooth  If it helped you, Please join using the link below, I don't know if referral links are allowed https://www.uciex.com/index.php/user/register/jz74imsyy5Please let me know if it is wrong I'll remove it at once,  |
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bryant.coleman
Legendary
Offline
Activity: 3668
Merit: 1217
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March 30, 2015, 04:11:20 PM |
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And not risk-free as well. Why risk your money and reputation, buying Bitcoin from such shady sites? I don't know why this obsession with Paypal is there. Why don't use Localbitcoins and buy the BTC directly? |
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--Encrypted--
Copper Member
Legendary
Offline
Activity: 924
Merit: 1007
hee-ho.
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March 30, 2015, 04:15:18 PM |
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And not risk-free as well. Why risk your money and reputation, buying Bitcoin from such shady sites? I don't know why this obsession with Paypal is there. Why don't use Localbitcoins and buy the BTC directly? except that not everyone feels safe about meeting and exchanging hundreds of dollars for bitcoin with a stranger. I do agree that there's better options than paypal out there, though. |
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Borisz
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March 30, 2015, 04:21:41 PM |
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site is an easy 10 minutes to make, I call it a scam site, just for the fact they only buy bitcoins with paypal. Yes, its a nice wordpress site I once tried another site to purchase with paysafe card, was a scam of course. No trust in such sites any more. |
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bryant.coleman
Legendary
Offline
Activity: 3668
Merit: 1217
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March 30, 2015, 04:39:48 PM |
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And not risk-free as well. Why risk your money and reputation, buying Bitcoin from such shady sites? I don't know why this obsession with Paypal is there. Why don't use Localbitcoins and buy the BTC directly?
except that not everyone feels safe about meeting and exchanging hundreds of dollars for bitcoin with a stranger. I do agree that there's better options than paypal out there, though. Well.... meet the buyer at a public place (such as a cafeteria or a library), and there is hardly any chance that he will rob you. Also, the reputation is quite a big thing with Localbitcoins. None of the established sellers would risk their reputation for a few hundred USD. |
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tonyq (OP)
Legendary
Offline
Activity: 879
Merit: 1001
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March 30, 2015, 06:02:52 PM |
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Their site says paypal payments within 5 minutes. I sent 0.01 as an experiment 90 minutes ago. Nothing paid in to my paypal as yet....I'll post when/if it happens. I've been out last few hours.....just got in and the cash ($2.48) went into my paypal account at 15.16 GMT.....just over three hours after I sent the 0.01 btc. Not so bad.  |
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duckydonald
Sr. Member
Offline
Activity: 378
Merit: 250
Pre-sale - March 18
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March 30, 2015, 06:34:14 PM |
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very bad for a claim to send it within 5 minutes maybe they are praying for a bigger purchase, I think that is why they were so confused. dont let them game you. They wouldn't risk that little to be calling out a scam.
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tonyq (OP)
Legendary
Offline
Activity: 879
Merit: 1001
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March 30, 2015, 07:36:13 PM |
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very bad for a claim to send it within 5 minutes maybe they are praying for a bigger purchase, I think that is why they were so confused. dont let them game you. They wouldn't risk that little to be calling out a scam.
I'll now do one for 0.02 and see what happens. |
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TheGr33k
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March 30, 2015, 07:47:58 PM |
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Looks like a shitty site made via wordpress. I dont deal with paypal because of things like this, they are easy scams.
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tonyq (OP)
Legendary
Offline
Activity: 879
Merit: 1001
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March 30, 2015, 07:56:10 PM |
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Scam?...in what way?
Surely they won't do a chargeback on me.....if others are selling them bitcoin as well as me, wouldn't paypal smell a rat if they claimed loads of different people had received their cash but not sent them the bitcoin?
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Minerjoe
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March 30, 2015, 08:32:11 PM |
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Hm, I would pass on this. Use more reputable options to avoid getting scammed.
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tonyq (OP)
Legendary
Offline
Activity: 879
Merit: 1001
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March 30, 2015, 08:34:50 PM |
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Sent 0.02 20 minutes ago......this time the cash was in my paypal account inside 12 minutes with only 2 confirmations showing at blockchain.info
I'm happy so far.
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erikalui
Legendary
Offline
Activity: 2632
Merit: 1094
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March 30, 2015, 08:45:45 PM |
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The site looks like a scam as it has no proper design nor any description on the home page with just 4 tabs. The person who created the website did not even invest some time to make it look presentable and the English is  . http://weofferbitcoins.com/about-bitcoins/ I would recommend not to try this website. |
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tonyq (OP)
Legendary
Offline
Activity: 879
Merit: 1001
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March 30, 2015, 08:55:31 PM |
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Well as I said, I've sold 0.01 and 0.02 as testers today and the payments are in my account....at a decent rate too. Where is the scam?  |
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PolarPoint
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March 30, 2015, 09:08:51 PM |
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Well as I said, I've sold 0.01 and 0.02 as testers today and the payments are in my account....at a decent rate too.
Where is the scam?
PayPal chargebacks can bite you as long as 30 days. You money is not safe until next month. This site could be legit. As far as I know, PayPal and bitcoin don't mix. |
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tonyq (OP)
Legendary
Offline
Activity: 879
Merit: 1001
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March 30, 2015, 09:14:10 PM
Last edit: March 30, 2015, 09:29:21 PM by tonyq |
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Well as I said, I've sold 0.01 and 0.02 as testers today and the payments are in my account....at a decent rate too.
Where is the scam?
PayPal chargebacks can bite you as long as 30 days. You money is not safe until next month. This site could be legit. As far as I know, PayPal and bitcoin don't mix. I agree, they don't normally mix. I was stung with a chargeback after selling a small amount of bitcoin on Ebay around 18 months ago. I'll now wait and see if I get one on these two tiny transactions. If not....I'll do one for 0.03 |
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pereira4
Legendary
Offline
Activity: 1610
Merit: 1183
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March 30, 2015, 09:45:26 PM |
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I would avoid paypal unless you are on a hurry, then you could go Virwox (FIAT->SSL->BTC route) but like has been said before, fees are a bit of a joke.
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Guido
Legendary
Offline
Activity: 1061
Merit: 1001
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March 30, 2015, 09:52:19 PM |
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if in UK use bitbargain
or you could always use trusted members here, for example mods only, legendary members etc who deal in escrow for small fee and have trusted feedback
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I am Bonkers BTW
Crypto OG
+
Digital Artist
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RTRC
Newbie
Offline
Activity: 52
Merit: 0
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March 30, 2015, 09:59:00 PM |
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Bear in mind, all of your "tests" are with very low amounts. If the transactions are worth only a few dollars, it would make sense for them to follow through and give you your cash if it means you convince others that there's no scam. So when somebody sends out 3 btc hoping to get paypal because all of these $5 transactions went so well, BOOM, they vanish without a trace. EDIT: For those of you looking to get paypal, this site may be an answer https://cryptothrift.com/Money is held in escrow. There are people with 400+ transactions on there that have no negative feedback. I personally have sold about 1 btc in exchange for paypal through sellers at this site. |
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shogdite
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March 30, 2015, 10:44:10 PM |
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Bear in mind, all of your "tests" are with very low amounts. If the transactions are worth only a few dollars, it would make sense for them to follow through and give you your cash if it means you convince others that there's no scam. So when somebody sends out 3 btc hoping to get paypal because all of these $5 transactions went so well, BOOM, they vanish without a trace. EDIT: For those of you looking to get paypal, this site may be an answer https://cryptothrift.com/Money is held in escrow. There are people with 400+ transactions on there that have no negative feedback. I personally have sold about 1 btc in exchange for paypal through sellers at this site. Yeah I've used cryptothrift to sell a few bitcoin for paypal, even with escrow you still run the risk of chargebacks in the future. Fingers crossed it hasn't happened to any my transactions on there so far. It's a decent marketplace, kind of reminds me of Bitmit. |
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RTRC
Newbie
Offline
Activity: 52
Merit: 0
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March 30, 2015, 10:55:34 PM |
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Yeah I've used cryptothrift to sell a few bitcoin for paypal, even with escrow you still run the risk of chargebacks in the future. Fingers crossed it hasn't happened to any my transactions on there so far. It's a decent marketplace, kind of reminds me of Bitmit.
That's true. But considering you can edit reviews of users at anytime, it appears that for the sellers with hundreds of transactions, they have never once issued a chargeback since nobody has edited a review stating that they've been scammed. |
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bigbitmine
Full Member
Offline
Activity: 196
Merit: 100
Big Bit Mine
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March 30, 2015, 11:09:15 PM |
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Wow that site looks like a load of crap. Really basic.
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shogdite
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March 30, 2015, 11:14:31 PM |
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Yeah I've used cryptothrift to sell a few bitcoin for paypal, even with escrow you still run the risk of chargebacks in the future. Fingers crossed it hasn't happened to any my transactions on there so far. It's a decent marketplace, kind of reminds me of Bitmit.
That's true. But considering you can edit reviews of users at anytime, it appears that for the sellers with hundreds of transactions, they have never once issued a chargeback since nobody has edited a review stating that they've been scammed. Agreed it's much more reassuring when users have excellent feedback, I've always avoided the new sellers that pop up, even when they're offering the best prices. |
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tonyq (OP)
Legendary
Offline
Activity: 879
Merit: 1001
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March 31, 2015, 04:12:27 PM |
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I was wrong....as many of you suggested...IT'S A SCAM SITE. I thought after the small purchases went through ok that I'd test it the other way round and used PayPal (the same account they sent payment to) to buy a small amount. They advertise that your bitcoin will be in your wallet within half hour of them receiving payment. That was yesterday afternoon....no bitcoin sent still, but this pathetic email instead: We have received your email and your order.
Thank you.
You are a new customer for us and your order is \"under review\".
For security purpose we have to make sure that Paypal Payments
are being made from the Paypal Account Owner and that
everything with and arround the Paypal payment is fine.
Once the review is completed our support team will contact you again.
Best regards
Daniel
Support Service
WeOfferBitcoins.com
http://weofferbitcoins.com What a load of nonsense.....I sent them a reply saying that if I hadn't received it in 3 hours time I'd come on here and expose them and that's exactly what I'm doing. www.weofferbitcoins.com is a SCAM. Steer well clear. |
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sed
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March 31, 2015, 04:21:58 PM |
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One thing that always comes up in the context of buying bitcoins with paypal is the chargeback. I know that a lot of people refuse to sell bitcoins for paypal unless there's like a 6 month escrow on the deal (because apparantly that's how long paypal will potentially allow a chargeback).
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tonyq (OP)
Legendary
Offline
Activity: 879
Merit: 1001
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March 31, 2015, 04:25:08 PM |
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I'm about to instigate a chargeback on these ***** now.  |
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erikalui
Legendary
Offline
Activity: 2632
Merit: 1094
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March 31, 2015, 08:06:09 PM |
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I'm about to instigate a chargeback on these ***** now. The site was an obvious scam as they did not even try to add more information on their homepage and make it look legit. Now I feel that they aren't sending bitcoins as bitcoin transactions cannot be reversed unlike their PayPal transactions. I hope you get your money back. |
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PolarPoint
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March 31, 2015, 09:03:40 PM |
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Sorry to hear that. Can't you apply for chargeback? You can get your $8 back. |
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tonyq (OP)
Legendary
Offline
Activity: 879
Merit: 1001
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March 31, 2015, 09:23:02 PM |
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What weird people....I let PayPal know I hadn't received the bitcoin and opened a dispute. I showed them the ridiculous email I had got from the site and when PayPal confronted them with it they answered with: Your order has been flagged as potentially high risk and therefore it has been held for manual review.
A Refund was issued.
31/03/2015 19:52 BST-------------------------------------------------- Potentially high risk? Eh? Obviously lunatics but at least I have my money back. |
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tonyq (OP)
Legendary
Offline
Activity: 879
Merit: 1001
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March 31, 2015, 09:25:18 PM |
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Sorry to hear that. Can't you apply for chargeback? You can get your $8 back. It was $28.90 |
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mrhelpful
Legendary
Offline
Activity: 1456
Merit: 1002
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March 31, 2015, 10:49:53 PM |
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if anyone can charge a premium for bitcoin why bother to go there in the 1st place?
just go with localbitcoins.com which I still believe its the best way to reach what you want, if you have cash and also get possible better rates.
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waterpile
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March 31, 2015, 10:55:22 PM |
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Sorry to hear that. Can't you apply for chargeback? You can get your $8 back. It was $28.90 well grats for getting it back. Note: Better stay away from sites that accepts paypal lol |
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Borisz
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April 04, 2015, 12:50:51 PM |
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if anyone can charge a premium for bitcoin why bother to go there in the 1st place?
just go with localbitcoins.com which I still believe its the best way to reach what you want, if you have cash and also get possible better rates.
It is better most of the time, but what if there is nobody selling/buying in your area? If the nearest seller is 200 km away or more, I'm not sure it still worth it in some cases. |
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OmegaCollector
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April 05, 2015, 12:43:58 AM |
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I am a long time eBay seller, as well as a top seller on another craft-oriented website. All my income comes into PayPal. It's a verified business account, been open over 10 years.
Bitcoin is the only community I`ve ever dealt with that has such a big deal over using PayPal. It`s like anyone who ever uses PayPal is the scum of the earth. Well, we`re not all like that. I need bitcoin, and there is no way to get it using the money in my PayPal account. And to whoever says use localcoin - they will accept paypal only if you have a history of 50 - 70 trades with localbitcoins.
Thank goodness Payza is available to me. It`s a slow process to move money from paypal to my bank, and then to payza and then to bitcoin, but it`s better than all this `paypal users are evil scammers`.
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tonyq (OP)
Legendary
Offline
Activity: 879
Merit: 1001
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April 05, 2015, 01:25:14 AM |
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Not all Paypal users are scammers.
I've used it for 12 years and never scammed anybody.
I'm sure there are millions like me too.
A year or so back, I sold a bitcoin in 20 different sales of 0.05 and everyone paid with paypal, no problem.
Just one pathetic creature instigated a chargeback on me.....said his computer had been used to purchase it without his knowledge...Have you ever heard such nonsense?
Paypal actually refunded him and he kept the 0.05 btc too.
I figure he must have needed it badly to through the procedure for that tiny little sum!
Thing is, it's idiots like him that make you worry about selling btc on Ebay.
Paypal should accept the blockchain transaction as proof of sending, end of dispute.
Remember, it's the purchaser that sends you his wallet address when paying through paypal!
That should be good enough.
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galbros
Legendary
Offline
Activity: 1022
Merit: 1000
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April 05, 2015, 08:25:46 AM |
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tonyq I'd say your experience was typical. 5% chargeback rate for only .05 worth of bitcoin. If your allowable transaction size had been larger then I'm sure your chargeback rate would be higher as well.
No one thinks all paypal users are scammers, but it has been repeatedly been used as a mechanism to steal so frequently that it has become discredited in the community. Frankly, I blame paypal.
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tonyq (OP)
Legendary
Offline
Activity: 879
Merit: 1001
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April 30, 2015, 12:17:44 AM
Last edit: April 30, 2015, 12:29:59 AM by tonyq |
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A few weeks on and I've only just seen an email from the company that had been automatically thrown into my junk mail.
It explained why there was a delay and had I seen it at the time I'd never have accused the site of being a scam.
I therefore retract that.
They are not a scam in any way.
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OmegaCollector
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April 30, 2015, 02:03:52 AM |
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Funny - I bought through them before I saw your experience. I waited 5 days, and got nothing from them. I opened a dispute with PayPal, and the dispute was closed within 1 hour - they had refunded my money to PayPal without even a note or anything, they just gave it back.
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