Buying Bitcoins by Paypal (eBay Gift Card too)

[masize]

Hello, I'm interested in buying large amount of bitcoins in small transaction to avoid scam.

I have restrictions in my country for wire transfer in different countries, so I can only pay thru Paypal, or credit card, or any other payment option that accepts credit card.

You can PM or follow post in this thread.

[masize]

Hi again, I'm receiving some offers, Im planning to get about 50 bitcoins per month. The price must be the MtGox Average. I keep getting some PM with the highest MtGox price. People, be honest, this must be a WIN WIN situation

I you sell at MtGox youll get the Low price : $91 - fees
I someone buys at MtGox pays the Hight price: $93 + fees

You can expect to sell your Bitcoins at the High Price, and make me pay the PayPal fees all by myself.
I must be the Average, so both parties can benefit.

Am I wrong in this?

Looking for some serious Business partners.

Also looking for miners to generate a Business and Trust Relation, to get monthly bitcoins.

[BurtW]

Hello, I'm interested in buying large amount of bitcoins in small transaction to avoid scam.

I have restrictions in my country for wire transfer in different countries, so I can only pay thru Paypal, or credit card, or any other payment option that accepts credit card.

You can PM or follow post in this thread.

Generally people will not sell you Bitcoins for anything that can be reversed (charged back) like credit cards or PayPal.  This is because people use this to scam Bitcoin sellers.

[whathe12]

It's a scam

I have restrictions in my country for wire transfer in different countries, so I can only pay thru Paypal, or credit card, or any other payment option that accepts credit card.

If its with a payment that can ONLY be used with a chargeback function (PayPal, credit card, etc.) than you're not gonna get much luck even with an escrow service buddy.

[masize]

It's a scam

I have restrictions in my country for wire transfer in different countries, so I can only pay thru Paypal, or credit card, or any other payment option that accepts credit card.

If its with a payment that can ONLY be used with a chargeback function (PayPal, credit card, etc.) than you're not gonna get much luck even with an escrow service buddy.

WTF?? How is this a scam? I can do this by escrow, with someone with a money between, what do you want me to do?
Why don't you read a little about Argentina?
Its impossible to wire transfer to USA, we can pay with credit card with a 20% charge, but at least is the only way we can send US dollars out of the country.

I have a verified Paypal account and eBay user with 100% positive feedback. If you want I can pay the money until the time is exceeded to make the chargeback, and then I get the bitcoins. This has to be done with a reputable user, of course.

What about this?

Sending the money Ill set its for Bitcoin transfer:
Sender Address : 12313213123123123123123
Receiver Address: 1231231231231232131231
Amount: 12 BTC
Min Date : 2013-04-02 02:03:00 (This is in case we make several transactions)

This can be checked with
http://blockexplorer.com/tx/6f2e794cdb0e4e1dee19d1c278aa89375273c57c1b77501f2657024780da3df4

The transaction will show, the date (Must be greater than the Min Date, the Amount, and sender and receiver address)

Is this possible?

[BurtW]

People that are new to Bitcion like yourself are usually in for a big learning curve about credit cards and PayPal.  Little do they know that when you buy something using credit cards and PayPal, you as the consumer buying goods have an huge amount of power.  You can simply say you did not get the goods you ordered and the credit card company or PayPal will simply reach into the vendors account and take the money back.

How long after a sale can a credit card company or PayPal come back and take the money from a vendor (this is called a charge back)?  You would be surprised to find out that this can and has been done up to a year after the sale.

In the consumer driven fiat USD world the consumer is king and the vendor is screwed.

Bitcoins are cash and cannot be reversed.  So in Bitcoin land the roles are reversed so it may take some getting used to.  Since all these forms of payment you are proposing can be reversed they do not fly.  If you have a great reputation and are a long term member of the comunity then people will sell you Bitcoins for PayPal or credit card all day long.

So your options are cash and well that is about it.  The way some services work is that you deposit cash directly into their bank account.  That way you cannot reverse the transaction.  If you were in the US it would be easier since there are these services.

Others may have better suggestions for you.  I am just telling you why your credit cards and PayPal are getting the cold shoulder here - they are no good.  Good luck!

Edit:  one more thing, escrow does not help the situation where you are purchasing BTC for fiat (CC or PP) since doing escrow does not and cannot avoid charge backs.  What escrow is good for is once you have BTC.  Remember that in Bitcoin land you are now buying things with cash.  The shoe is on the other foot!  The vendor is king and the customer is screwed if the good/services do not arrive or are not provided.  That is what escrow if for:  buying goods and services with BTC.

[masize]

Thanks BurtW for your reply. Im aware of the Paypal chargeback. I didnt know that it was so simple for the buyer to charge back. What about downloads , file transfers, pdf? There is no receipt, theres no way to prove the seller delivered the items. So how do all internet services in the whole world that deliver digital items to avoid charge backs?

I can get a friend in the US to make a wire transfer, say $300. Then, I'll deposit with paypal for the Bitcoins, without exceeding the amount of the wire transfer reserve and receive the BTC.

Ill take only this risk with a trusted user.

I want you to know that Im willing to do serious business for the future as my country is very restricted in the wire transfer issue.
PM if you are interested.

[IamRichard]

Deal done, pretty smooth transaction through paypal

[masize]

Thanks IAmRichard for trusting me. I know the method is risky but Is the only way I've got to buy them.

18.5 BTC exchanged.

[masize]

BUMP

I can exchange eBay Gift Cards or buy any prepaid debit card for you.