Bitcoin Forum
April 08, 2020, 01:04:52 PM *
News: Latest Bitcoin Core release: 0.19.1 [Torrent]
 
   Home   Help Search Login Register More  
Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 [38] 39 40 41 42 »
  Print  
Author Topic: Beware of PayPal and other reversible transfer services  (Read 326431 times)
jjoshp1
Newbie
*
Offline Offline

Activity: 7
Merit: 0


View Profile
March 29, 2018, 09:39:54 PM
 #741

Oufff good thing I saw this before actually doing this because I was really considering this since it seems to be the easiest option and I'm a quite a newbie. thanks for sharing!
1586351092
Hero Member
*
Offline Offline

Posts: 1586351092

View Profile Personal Message (Offline)

Ignore
1586351092
Reply with quote  #2

1586351092
Report to moderator
1586351092
Hero Member
*
Offline Offline

Posts: 1586351092

View Profile Personal Message (Offline)

Ignore
1586351092
Reply with quote  #2

1586351092
Report to moderator
1586351092
Hero Member
*
Offline Offline

Posts: 1586351092

View Profile Personal Message (Offline)

Ignore
1586351092
Reply with quote  #2

1586351092
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1586351092
Hero Member
*
Offline Offline

Posts: 1586351092

View Profile Personal Message (Offline)

Ignore
1586351092
Reply with quote  #2

1586351092
Report to moderator
1586351092
Hero Member
*
Offline Offline

Posts: 1586351092

View Profile Personal Message (Offline)

Ignore
1586351092
Reply with quote  #2

1586351092
Report to moderator
Etrilicious
Jr. Member
*
Offline Offline

Activity: 140
Merit: 2


View Profile
April 02, 2018, 03:47:57 AM
 #742

Good to know.  Wink
Bless yepper.
Crytponoob1
Newbie
*
Offline Offline

Activity: 4
Merit: 0


View Profile
April 02, 2018, 10:48:48 AM
 #743

We are a bunch of passionate geeks, Our main mission is to help clear the air around cryptocurrency and make it a larger community than it already is
A lot of scattered, excess and some times incorrect Cryptocurrency information on websites/ blogs can give any newbie cold feet, hence we have created a simple, user friendly  platform called [http://cryptonoob.io/] which illustrates a step by step guide to create their own digital wallets, example : btc , ethereum , ripple wallets , we update the coin help guides every week and guess what You can also buy most of the coins on our platform itself with just one swipe of your credit card
sirtim20
Newbie
*
Offline Offline

Activity: 25
Merit: 0


View Profile
April 02, 2018, 12:58:21 PM
 #744

Thank you for your information. As far as I know as we advanced into digital age of money and currency transfer we are prone to hack and virus attacks. Due to this we need to protect our accounts not only our paypal accounts but even bank accounts and other financial tools used to transfer money nowadays. We need to protect our hard earned money because we have done all our efforts to achieved them. So make sure you use anti virus and anti  malware in your devices to protect from attacks online. We also need to change our passwords from time to time so that the hackers will have a hard time hack our system. Avoid any spam messages specially in our emails. If the promo online is too good to be true then avoid them. Easy money is not a good idea since hard work and dedication is needed to succeed in life specially in this industry. And of course we need to choose who are going to be trusted physically because sometime we might be fully protected online but while having conversation with other people they are getting some information from us so that they can hack into our accounts. Be vigilant everyone and have a nice day.
Nana1
Newbie
*
Offline Offline

Activity: 85
Merit: 0


View Profile
April 06, 2018, 11:01:44 PM
 #745

Thank you Theymos.
dppnvw
Newbie
*
Offline Offline

Activity: 6
Merit: 0


View Profile
April 09, 2018, 03:57:10 AM
 #746

Almost all the online payment service providers are reversible.

LocalBitcoins could be a great alternative. You deal the seller face to face and use hard cash.

Much safer than reversible transfer services.
MadGamer
Legendary
*
Offline Offline

Activity: 1526
Merit: 1026


View Profile
April 09, 2018, 09:14:43 AM
 #747

Almost all the online payment service providers are reversible.

LocalBitcoins could be a great alternative. You deal the seller face to face and use hard cash.

Much safer than reversible transfer services.

Unless It's done right and in a public place, things could be even worst then dealing with a reversible payment method. Bitcointalk reputation system is not that easy to abuse, I find it a better indication of trust then Localbitcoins, so It's better to trust with members around here.
BenG0413
Newbie
*
Offline Offline

Activity: 15
Merit: 0


View Profile
April 12, 2018, 03:46:39 AM
 #748

The fastest service like paypal also seem to have the greatest risk, even cash is not completely safe because of counterfeits. What's the best way to mitigate trading risk to as low as possible? Some good suggestions I hear from this thread is:

tell buyer to send it as gift
avoid all services that have chargeback (though this severely limits the audience I feel)
go with the most reputable seller and hope for the best

it seems the best option is to tell the buyer to do a direct cash deposit. That way you see the payment right away and its irreversible to the best of my knowledge.
fortuity
Member
**
Offline Offline

Activity: 89
Merit: 10


View Profile
April 12, 2018, 12:06:17 PM
 #749

Thanks for sharing it. I think it is a good way to encourage newbies to be prepared from the payment hassles and save themselves from payment related scams. I was about to become a victim when i started, but saved myself through internet and reading out about payment transfers through paypal or other ways.
dppnvw
Newbie
*
Offline Offline

Activity: 6
Merit: 0


View Profile
April 14, 2018, 04:57:45 AM
 #750

Almost all the online payment service providers are reversible.

LocalBitcoins could be a great alternative. You deal the seller face to face and use hard cash.

Much safer than reversible transfer services.

Unless It's done right and in a public place, things could be even worst then dealing with a reversible payment method. Bitcointalk reputation system is not that easy to abuse, I find it a better indication of trust then Localbitcoins, so It's better to trust with members around here.

I see, in that case, what could be the easy and safe way to get in tough with such sellers with good bitcointalk reputation?
MadGamer
Legendary
*
Offline Offline

Activity: 1526
Merit: 1026


View Profile
April 14, 2018, 07:04:06 AM
 #751

I see, in that case, what could be the easy and safe way to get in tough with such sellers with good bitcointalk reputation?

Go to the currency section and find threads of trusted members, you will see their trust with dark green or just make a [WTS]/[WTB] thread and wait for people to P.M you, just make sure to mention the payment method that you're trading with, rates etc.
coinmarketdaddy
Newbie
*
Offline Offline

Activity: 36
Merit: 0


View Profile
May 01, 2018, 08:43:56 PM
 #752

There is so much scam going on with cryptocurrency so everyone should do little research and should keep eye open before taking any quick action.
robertkamerer
Newbie
*
Offline Offline

Activity: 34
Merit: 0


View Profile
May 09, 2018, 09:03:41 AM
 #753

Good info there! Thank you!
jasramos
Newbie
*
Offline Offline

Activity: 26
Merit: 0


View Profile
May 09, 2018, 12:13:51 PM
 #754

Any thoughts on bitpay? I was wondering if I could use it in exchange for paypal in my e-commerce business?
OmegaStarScream
Staff
Legendary
*
Offline Offline

Activity: 1988
Merit: 1850


Exchange Bitcoin quicky--https://blockchain.com.do


View Profile
May 10, 2018, 10:02:09 AM
 #755

Any thoughts on bitpay? I was wondering if I could use it in exchange for paypal in my e-commerce business?

If you use BitPay as your payment processor, you will be accepting bitcoin as a payment method (1% per transaction fee) and you could exchange that to fiat to your bank account IIRC.

Tamila
Copper Member
Newbie
*
Offline Offline

Activity: 196
Merit: 0


View Profile
May 15, 2018, 08:30:15 PM
 #756

Its a standard Block answer, not even from a human. Call them or try to get bigger and be a business partner, not premier. THEN, probably with a chance of 0.00001%, you can claim something back or they decide with the same chance for you.
cp3mc
Newbie
*
Offline Offline

Activity: 34
Merit: 0


View Profile
May 16, 2018, 01:33:33 AM
 #757

Thank you for the kind advice
HukoJla
Newbie
*
Offline Offline

Activity: 252
Merit: 0


View Profile
May 21, 2018, 08:27:34 AM
 #758

I hope that people take more caution on their trades with MyCash . It's really not that secure and that safe you know .
Some SEing (Social Engineering) on your Credit Card providers is more then enough to get a refund on your MyCash and this may mean getting MyCash Canceled . (And of course this only happens if the guy bought using a Credit card).
Do you mind updating the list with more Payment methods now theymos ? thanks.
Mazarin07
Newbie
*
Offline Offline

Activity: 2
Merit: 0


View Profile
May 29, 2018, 12:13:01 AM
 #759

Beware of PayPal?
Maybe scammers must beware of Paypal, because PP is a safe money transfer platform, where the buyer can get back his/her money if the seller didn't deliver as promised. Surely, I can understand that those who want to fish in troubled water try to avoid this service.
nguyennnhatttruongazzz
Newbie
*
Offline Offline

Activity: 42
Merit: 0


View Profile
June 08, 2018, 12:45:14 PM
 #760

Everybody should be careful with their money transfers. Now that hackers and scammers are increasing with so much expertise, I think PayPal or other things are not faulted, they have tried to do Good and I trust them (PayPal) They are innocent. Please think more positively: D Thank you for the warning Smiley
Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 [38] 39 40 41 42 »
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!