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Author Topic: Offering PayPal for Bitcoin? You're likely to be labeled a scammer - Read why  (Read 28800 times)
CoinTek
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July 02, 2017, 09:50:54 PM
 #321

I guess the best way to do this with paypal is if the person is right in front of you and does the transaction live, if not it does become hard. I men it has taken 3 weeks to approve an account on coinbase (others like poloniex were faster though).
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nioschka
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July 08, 2017, 08:04:55 PM
 #322

O.K. I've read all and it does seem that Paypal is risky for trading. But, I couldn't see any suggestions for the alternative means of trading? How should one trade bitcoins for money? Thanks in advance!
raaaj100
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December 29, 2017, 10:19:51 PM
 #323

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.
Oneandonlydl
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February 18, 2018, 07:55:40 AM
 #324

Thanks for this post! I have heard stories of friends who were sellers ripped off by PayPal through disputes with buyers, so this makes perfect sense!
maxix545
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March 23, 2018, 05:54:22 PM
 #325

One of the best and comprehensive post to read to all the newer peeps that are joining the crypto world!

Better safe than sorry  Smiley
Cuma
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March 24, 2018, 04:32:36 AM
 #326

It's hard to trust anything with bitcoin if that's the case, but isn't it why bitcoin is here for?
Blumenkranz
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July 21, 2018, 06:15:21 PM
 #327

Glad to have read this thread. Scammers have been known to abuse reverse transaction option from paypal, friend was a victim of it but luckily wasn't that much of a loss, will have to stay away from paypal then.
ozanaksoy
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July 21, 2018, 08:44:32 PM
 #328

Another way, less stealthy, find a known location where anyone can meet to buy Bitcoins with cash in person. No meeting in random spots down dark alleys at midnight but there should be a Bitcoin coffeshop or I should be able to go to any Starbucks with cash and get Bitcoins.

Now here is the problem with Cash, with Cash you gotta worry about getting killed for it, or beaten up and robbed when it's a big enough amount. Bitcoins aren't cheap anymore, they are $100+ a coin now so now it's in the dangerous territory that drugs inhabit of being just cheap enough where people can afford it but just expensive enough that people will rob each other over it. These dangers exist primarily for the buyer not the seller imo.  Smiley Smiley Smiley
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