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Author Topic: Newbie needs - a few bits for paypal  (Read 709 times)
Sttrrpprs
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September 10, 2012, 01:11:48 AM
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A newbie here..how can one go about some bits for a paypal gift.......
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scintill
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September 10, 2012, 01:45:03 AM
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They're called "bitcoins", and very few people will accept PayPal as it is too easy for the buyer to reverse the charge and run off with both cash and bitcoins.

If you can convince someone of why they should trust a brand new user, and be specific about how many bitcoins you want and at what rates, you might get some offers.

Edit: P.S. If you're OK with small fractions of a bitcoin (like, you just want to see how it works), look at Free Bitcoins Listing to see sites that will give bitcoins away.

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Sttrrpprs
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September 10, 2012, 01:50:31 AM
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thanks
adamstgBit
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September 10, 2012, 01:51:49 AM
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where are you from?

lets get you setup to buy bitcoin your self on the open market!

SaltySpitoon
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September 10, 2012, 01:55:05 AM
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They're called "bitcoins", and very few people will accept PayPal as it is too easy for the buyer to reverse the charge and run off with both cash and bitcoins.

If you can convince someone of why they should trust a brand new user, and be specific about how many bitcoins you want and at what rates, you might get some offers.

Edit: P.S. If you're OK with small fractions of a bitcoin (like, you just want to see how it works), look at Free Bitcoins Listing to see sites that will give bitcoins away.

Actually, OP mentions giving Paypal gifts, those are not reversible. If you are offering to pay first to trusted members in form of a paypal gift, you might get a few hits. That being said, if you are going to send a Paypal gift in return for BTC, make sure you are trading with a very trusted seller. There are 2 common outcomes, 1. You find a trusted seller, and everything goes through well. 2. You don't find a trusted seller and you get scammed.

Pick wisely my friend.
Sttrrpprs
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September 10, 2012, 01:55:52 AM
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sorry, i shouldve said before, i have CampBx and have previously got a bunch through them.  I just have some extra cash in paypal, not sure if there are open market sites that allow paypal deposits?
scintill
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September 10, 2012, 02:17:08 AM
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Actually, OP mentions giving Paypal gifts, those are not reversible.

Not that I'm accusing Sttrrpprs of this, but: buyer could back the payment through credit card, then claim it was fraudulent in some way.  CC company will reverse the payment to PayPal, and PP isn't just going to absorb that loss -- they're going to take it back from the BTC seller.  DeathAndTaxes gave a rundown of different scenarios and concluded:

TL/DR:
Paying by gift to an untrusted persons = dangerous.
Accepting payment by gift from an untrsuted person = dangerous.

I don't have much personal experience, but believe the people who say there's pretty much no 100% safe way to use PayPal for virtual goods.

Anyway Sttrrpprs, good luck on making a deal, or maybe withdrawing your balance to a safer payment method.

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September 10, 2012, 06:12:34 AM
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I'm still new to the bitcoin community, but I also thought that paypal gifts couldnt' be reversed
and have been told that that isn't true quite a few times now :0
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