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Author Topic: I want to buy 10 BTC via paypal  (Read 1628 times)
blueday1981
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June 03, 2011, 05:30:31 PM
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Hi everybody,

i wanna buy 10 bitcoins via paypal. please offer a price.

thanks in advance
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Ian Maxwell
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June 03, 2011, 06:29:48 PM
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Getting bitcoins via PayPal is tricky, because it's easy to request a chargeback and PayPal will treat the payee as guilty until proven innocent. By contrast bitcoins are impossible to charge back, so that sort of exchange requires some trust, which you don't yet have. You could create an account on BitcoinMarket, where you can easily sell PayPal USD for BTC, but you haven't done so---which makes you look a bit suspicious. You'll have to pay a pretty hefty surcharge to cover the risk.

For example: I'll trade with you at an exchange rate of 1 BTC = 17 PPUSD, up to 20 bitcoins. PM me if you're interested.

If you don't think the surcharge is worth it and you don't want to wait for money to go from your bank to Dwolla to Mt Gox, there are other ways. For example, you could try to settle a price with someone now, to be paid whenever you get your Mt Gox dollars. Or you could just set up with BitcoinMarket, where the exchange rate is still a bit high but not as high as 17.

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June 03, 2011, 06:45:43 PM
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ian will you make this deal with other people?

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cointrader
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June 04, 2011, 12:23:39 AM
 #4

Hi everybody,

i wanna buy 10 bitcoins via paypal. please offer a price.

thanks in advance

What kind of price were you thinking about?
blueday1981
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June 04, 2011, 07:42:25 AM
 #5

i have a verified paypal account and i wont cheat anyone here.
i want to pay the current market price plus a small fee.

regards
gongcheng
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June 04, 2011, 09:55:21 AM
 #6

Getting bitcoins via PayPal is tricky, because it's easy to request a chargeback and PayPal will treat the payee as guilty until proven innocent. By contrast bitcoins are impossible to charge back, so that sort of exchange requires some trust, which you don't yet have. You could create an account on BitcoinMarket, where you can easily sell PayPal USD for BTC, but you haven't done so---which makes you look a bit suspicious. You'll have to pay a pretty hefty surcharge to cover the risk.

For example: I'll trade with you at an exchange rate of 1 BTC = 17 PPUSD, up to 20 bitcoins. PM me if you're interested.

If you don't think the surcharge is worth it and you don't want to wait for money to go from your bank to Dwolla to Mt Gox, there are other ways. For example, you could try to settle a price with someone now, to be paid whenever you get your Mt Gox dollars. Or you could just set up with BitcoinMarket, where the exchange rate is still a bit high but not as high as 17.

I also want to buy, but the bitcoinmarket.com do not accept Paypal which is the only way I can pay in Singapore.

1fyll
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June 04, 2011, 10:23:47 AM
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Getting bitcoins via PayPal is tricky, because it's easy to request a chargeback and PayPal will treat the payee as guilty until proven innocent. By contrast bitcoins are impossible to charge back, so that sort of exchange requires some trust, which you don't yet have. You could create an account on BitcoinMarket, where you can easily sell PayPal USD for BTC, but you haven't done so---which makes you look a bit suspicious. You'll have to pay a pretty hefty surcharge to cover the risk.

For example: I'll trade with you at an exchange rate of 1 BTC = 17 PPUSD, up to 20 bitcoins. PM me if you're interested.

If you don't think the surcharge is worth it and you don't want to wait for money to go from your bank to Dwolla to Mt Gox, there are other ways. For example, you could try to settle a price with someone now, to be paid whenever you get your Mt Gox dollars. Or you could just set up with BitcoinMarket, where the exchange rate is still a bit high but not as high as 17.

I also want to buy, but the bitcoinmarket.com do not accept Paypal which is the only way I can pay in Singapore.

Use www.bitmarket.eu if you want to use Paypal.
blueday1981
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June 04, 2011, 12:34:06 PM
 #8

I need to verify my account. its not possible to me because i´m not from USA.
Please just sell me the bitcoins on this way.

bitmarket.eu does not offer paypal for my country.

regards
Thuneau
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June 04, 2011, 01:07:37 PM
 #9

Hi everybody,

i wanna buy 10 bitcoins via paypal. please offer a price.

thanks in advance

$149.00 for 10 Bitcoins. PM me for instructions.
blueday1981
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June 05, 2011, 08:28:51 AM
 #10

Thank you Thuneau, everything went fine.
Very fair and fast seller!
Marcus
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June 05, 2011, 09:03:03 AM
 #11

Getting bitcoins via PayPal is tricky, because it's easy to request a chargeback and PayPal will treat the payee as guilty until proven innocent ...

Thank you, Ian Maxwell, for most helpful explanation about the PayPal situation.
Your writing style is crystal clear.

I'm new here; trying to get a grasp of how all this works.
Good advice and clear writing has value to me, especially at the first steps.
So, sending now 1.55 Bitcoin to account in your signature above.
With thanks.


-- Marcus
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June 05, 2011, 12:21:55 PM
 #12

Getting bitcoins via PayPal is tricky, because it's easy to request a chargeback and PayPal will treat the payee as guilty until proven innocent ...

Thank you, Ian Maxwell, for most helpful explanation about the PayPal situation.
Your writing style is crystal clear.

I'm new here; trying to get a grasp of how all this works.
Good advice and clear writing has value to me, especially at the first steps.
So, sending now 1.55 Bitcoin to account in your signature above.
With thanks.

- Marcus



Wow that's generous. Good job man! Smiley
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