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Author Topic: Best Paypal -> BTC method?  (Read 7795 times)
QuantumKiwi (OP)
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September 12, 2012, 11:19:19 PM
 #1

Looking for a straight forward process of moving funds from paypal to Bitcoin.

Any quick, easy solutions?

So far it seems buying LR from paypal, then buying bitcoin..... Takes too long...


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DeathAndTaxes
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September 12, 2012, 11:20:44 PM
 #2

If you are in the US.  Get a PayPal debit card (free). 
Use it to cash out from PayPal at any ATM and use Bitcoins Direct cash deposit option (see sig).
QuantumKiwi (OP)
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September 12, 2012, 11:28:07 PM
 #3

Im in new zealand........

See this is what i mean, dont want any hassle. Just want to buy BTC with paypal.


Man, no wonder people in mainstream dont use BTC. So hard to even buy any!

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September 12, 2012, 11:30:40 PM
 #4

Find some sucker who doesn't care if he gets scammed and offer easily reversible, hacked, stolen PayPal for irreversible Bitcoin.  Offering an ridiculously high price seems to help.
QuantumKiwi (OP)
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September 12, 2012, 11:42:40 PM
 #5

Ive got 20 USD via paypal. Who wants to trade?

Ive got a business in behind me, can give you full contact details and my local phone number etc

Im definately not going to rip anyone off.

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QuantumKiwi (OP)
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September 12, 2012, 11:47:35 PM
 #6

also - what is the best site to buy bitcoins from directly with credit card?


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hahahafr
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September 13, 2012, 01:15:58 AM
 #7

also - what is the best site to buy bitcoins from directly with credit card?


with sepa wire it's bitmarket.eu 0% fees.
credit card, try bitcoin-otc with paypal or skrill.




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adamstgBit
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September 13, 2012, 01:34:20 AM
 #8

Ive got 20 USD via paypal. Who wants to trade?

Ive got a business in behind me, can give you full contact details and my local phone number etc

Im definately not going to rip anyone off.

Im definately not going to rip anyone off.
Im definately not going to rip anyone off.
Im definately not going to rip anyone off.
Im definately not going to rip anyone off.
Im definately not going to rip anyone off.

BITCOIN! its fucking gold man  Wink

Stephen Gornick
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September 13, 2012, 01:41:38 AM
Last edit: September 19, 2012, 08:17:48 PM by Stephen Gornick
 #9

Im in new zealand........

See this is what i mean, dont want any hassle. Just want to buy BTC with paypal.


There is a cash deposit method in New Zealand.  Is there a Westpac bank nearby to you?  That would be a good option for you .. .simply walk in, hand over the deposit ticket from BitNZ, pay cash.  Boom, done.

If you don't have a Westpac near to you, you can still start the order, and then send the deposit ticket to a friend, relative, coworker, or someone else who will deposit cash for you and does have one nearby.  You then send money to this party that helps you via PayPal.

 - https://bitnz.com


For anyone else reading along thinking that would be nice but a New Zealand bank is far away, here is the comprehensive list of where cash deposists can be made.

 - 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 (CAD) at several banks)
 - http://www.Spendbitcoins.com (Deposit cash (AUD) at a bank in Australia)
 - http://www.MrBitcoins.com (Deposit cash at a bank in U.S. (USD), India (INR), Australia (AUD))
 - http://BitcoinNordic.com (Purchase CashU or UKash in dozens of countries)
 - http://www.BTC-E.com (Deposit cash (USD) at bank locations in Russia)
 - http://www.BitNZ.com (Deposit cash (NZD) at Westpac in New Zealand.)
 - http://www.MtGox.com (Deposit cash (GBP) at Barclays)
 - http://bitcointalk.org/index.php?topic=87094.0 (Deposit cash (USD), $500 or more at B of A, Wells Fargo and PNC Bank in the U.S.)


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.  There's someone selling in Aukland:
 - https://localbitcoins.com/location/NEW%20ZEALAND/aukland/


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

Unichange.me

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BrannigansLaw
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September 13, 2012, 07:27:23 AM
 #10

Get them off eBay. It's the sellers at risk.
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September 13, 2012, 07:58:03 AM
 #11

>Im definately not going to rip anyone off.

Hahaha, oh I need to get this framed on my wall!


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September 13, 2012, 08:50:10 AM
 #12

also there is https://www.bitstamp.net/ for bank wire

@DeathAndTaxes

yet i can see a Paypal option in FastCash4Bitcoins. Can you explain that please?
oh its only for users receiving money. right..
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September 13, 2012, 12:33:15 PM
 #13

Is PayPal imposing a "return" policy for Bitcoins?
Gabi
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September 13, 2012, 01:39:52 PM
 #14

Just want to buy BTC with paypal.
Scam detected

QuantumKiwi (OP)
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September 15, 2012, 09:32:24 PM
 #15

Scam detected? lol, man this forum is full of trolls.


I did a successful trade on bitcoinary.com with AnthonyKLF.


Was too easy Smiley and im happy with my bitcoins.




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September 15, 2012, 10:15:43 PM
 #16

There is a reason why no one sell bitcoins via paypal  Wink And those who do, later always understand. But then it's too late  Cheesy

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September 15, 2012, 10:46:36 PM
 #17

Never try to use PayPal for any Bitcoin transactions, they never side with the BTC owner, even if you offer them tangible proof. There are much safer methods out there for a reason!
mobile4ever
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September 16, 2012, 11:41:14 PM
Last edit: September 17, 2012, 12:13:33 AM by mobile4ever
 #18

There is a reason why no one sell bitcoins via paypal  Wink And those who do, later always understand. But then it's too late  Cheesy


It depends on who you deal with. Is everybody corrupt?


If you deal with the right person, it is never "too late"

mobile4ever
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September 17, 2012, 12:14:59 AM
 #19

Scam detected? lol, man this forum is full of trolls.


I did a successful trade on bitcoinary.com with AnthonyKLF.


Was too easy Smiley and im happy with my bitcoins.


Good for you... the trolls might be working for Paypal.. some of them have low post counts.
Kazimir
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September 17, 2012, 09:30:46 AM
 #20

Looking for a straight forward process of moving funds from paypal to Bitcoin.
1. Withdraw money from PayPal to bank account
2. Wire transfer money from bank account to exchange (e.g. bitstamp.net or intersango.com)
3. Buy BTC

In theory, there's no difference between theory and practice. In practice, there is.
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