Offering PayPal for Bitcoin? You're likely to be labeled a scammer - Read why

[kurezza]

thank you for the useful information

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[jeracoo]

There was a good paypal for bitcoin operator, think he quit after getting ripped off too many times.

[blazespinnaker]

PayPal seems like a nightmare for sellers, but is pretty nice for buyers.

And sometimes it's easier to sell a good product when your buyer knows he can reverse the payments if necessary.

[tysat]

And sometimes it's easier to sell a good product when your buyer knows he can reverse the payments if necessary.

Not if you can't get the product back.

[jnoss]

Isn't the risk of buying bitcoins with paypal the same risk as buying anything else with paypal?  What is considered to be the safest way to do this other than going to someone in person and making sure you get the cash in hand?

There is no way of truly confirming delivery of bitcoins.

It's not true IMHO

If you ask the recipient to make a new empty address for your transfer, and after transaction check here:

http://blockchain.info that address you can 

(  to make a new empty address for your transfer is only for easier check

[Freakshow]

That's a good valid point.  Using blockchain, you can see if a payment went through even if your bitcoin client isn't up-to-date yet.  I suppose you can use the online clients, but I think people will agree with me that they are not secure enough these days and to prone to hack attacks.  However, people have to be very careful with their computers and how they are storing bitcoins.  You loose a drive and it is "too bad".  Back them up people and use alternate storage materials. 

[BitGlory]

Don't trust all the suckcoin sites like Paypal.

[loro]

If the blockchain is competely public, people are still going to be able to work out who owns an address. From there anyone can see your transactions unless you make a complicated web of different addresses.

[tredel]

However true this post is, it is still unfortunate. I funnel around 600$  weekly easy, into my paypal from online ventures, and since paypal is deemed shit, (ive gotten scammed on ebay, they are fucking cunts)   Ive switched to dwolla, which is semi better, but apparently reading some posts here it is not by much.

[Blackbeard82]

This really shows the advantages of using BTC. a much more secure method of exchange for sellers. Thanks for posting!

[movieplayer]

But it would be really convenient for ppl to buy bitcoin that way though i know it's not really a good way.

[cychan2]

Too bad to hear that as I just want to find way to use paypal to buy my first btc. Seems like the best way for me to get it started is doing bank transfer.

[alexuk]

Thanks!

[shogunjoe]

hate paypal with a passion.  understandable.

[iammagicmike]

good thread

[bepcyc]

This question was already asked in this thread, but I didn't find an answer.
Is this site a SCAM?
http://bcchanger.com/

[tysat]

This question was already asked in this thread, but I didn't find an answer.
Is this site a SCAM?
http://bcchanger.com/

I would suggest not selling BTC for Paypal.

[Blipper]

How else do we get BTC in the UK?.. I got £400 of UKash and can't use it anywhere. :-(

[Yves W]

BTC-E is trustable, right?

[🏰 TradeFortress 🏰]

BTC-E is trustable, right?

Kinda. They have a sour taste in my mouth for essentially accepting a premined bribe to list something called NovaCoins.