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Author Topic: Buying BTC for Paypal.  (Read 545 times)
Notizen
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September 12, 2012, 09:43:14 PM
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Buying Bitcoins, $10 a piece with Paypal. Willing to negotiate, will go first.
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Jermainé
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September 12, 2012, 09:55:15 PM
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Your under priced my boy...

Markets @ 11.1+
Notizen
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September 12, 2012, 09:56:46 PM
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Hence willing to Negotiate.
Jermainé
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September 12, 2012, 10:06:53 PM
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Hence there's no negotiation if we're sitting at different tables...

You'll be lucky to find a PayPal buyer @12.5per
plus fees :/
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September 12, 2012, 10:59:02 PM
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You'll be lucky to find a PayPal buyer @12.5per

With no trust history, lucky to find a trade at any price when trying to pay with PayPal:

Here's a great post on the topic:

The issue is PayPal rules are arbitrary and a scammer is going to know how to use them to his advantage is both directions.

For example if a noob pays by gift using a PayPal account with a balance he likely is screwed.  
So never pay by gift.  I would also point out that too sending or receiving too many gift payments can get your account frozen or cause you to lose the ability to make gift payments.
This has nothing to do with "scams" and everything to do with the fact that PayPal doesn't get paid on gift payments.

Oh so if sending by gifts can be reversed, than receiving by gifts must be safe right?
No absolutely not.  A scammer is going to be more than willing to pay by gift using:
a) a hacked/stolen PayPal Account -> auto reverse you lose
b) Claiming his account was hacked/stolen -> auto reverse you lose
c) a $0 balance PayPal account (where tx is funded in realtime by CC) -> charge back on CC -> reverse on PayPal you lose.

PayPal requires complete and absolute trust because it can be used to scam both ways.  A scammer is going to know all the ins and outs and the sucker isn't.  So even if it looks "safe" you probably can get burned.
For example FastCash4Bitcoins uses PayPal payouts but you shouldn't use our service unless you already trust us.  If you can trust us with your coins you can trust our PayPal payouts are legit too.

Sadly no matter how many times this explained people seem to get scammed.

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



Quite simply, depositing cash at a bank or 7-11, Walmart, CVS is going to be the fastest and easiest way.

 - http://www.BitInstant.com (Deposit at major banks, 7-11, Walmart, CVS, Moneygram, etc., or in Brazil using Boleto or Banco Recomendito, or in Russia, using Qiwi or Cyberplat.)
 - http://www.CAVirtEx.com (Deposit cash at several banks)
 - http://www.Spendbitcoins.com (Deposit cash at a bank in Australia)
 - http://www.MrBitcoins.com (Deposit at a bank in U.S., India, Australia)
 - http://BitcoinNordic.com (Purchase CashU or UKash in dozens of countries)
 - http://www.BTC-E.com (Deposit cash (USD) at bank locations in Russia)



The fees aren't trivial but you can use a credit card to purchase by using VirWoX where you can buy SLL using your Serve card as a credit card, then trade SLL for BTC:
 - http://www.VirWoX.com

This probably does't help you if you are looking to spend the coins anytime soon, but you can buy physical Bitcoin, paid for with credit card:
 - http://memorydealers.com/catalogsearch/result/?q=bitcoin


Or find a local trade:
 - http://www.localbitcoins.com


All kinds of options:
- http://en.bitcoin.it/wiki/Buying_bitcoins

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