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

[threeip]

maybe someone should develop a paypal2btc escrow service , paypal is to mainstream to leave behind

I don't think you understand the problem.  An escrow does nothing unless the escrow is held past the point of risk.  Traditional escrow funds are held until seller delivers.  Since BTC is irreversible once seller delivers goods the escrow can be safely released.  The point of no risk for PayPal transaction is 180 days.

So sure I just started the first BTC PayPal escrow.  Pay me today and I will deliver your coins in 180 days.  How many coins would you like to buy?

Exactly - when I trade, I just wait for the funds to be in hand as $ before i send coins. Sometimes it takes a few days but this is the only way to protect from chargeback. Would be nice if paypal had a sender 'I confirm transaction and waive chargebacks' button.

[No 1]

I just wanna know who is that in your avatar op?

[bitcoinburnol]

Found this really useful. Thanks, OP.

[InqBit]

Good to know. Thanks!

[kennerd]

Guess the Bitcoin Bandwagon is not such an easy ride, but that's ok - I mainly want to see how well they work from a merchant's point of view, selling real goods.

[biged214]

Thanks for you info! Every newb should read this.

[threeip]

I just wanna know who is that in your avatar op?

He's a Bitcoin user.

[deepceleron]

I just wanna know who is that in your avatar op?

He's the Bitcoin meme guy: https://bitcointalk.org/index.php?topic=144152.0

[alexisd]

I ve also noticed the prices people are selling bitcoin s on ebay for PayPal are ridiculously high compared to exchanges.

[nprussell]

I've been ripped off through paypal even AFTER receiving positive feedback on ebay on a transaction. I had no leg to stand on due to the item not being sent signed for.

I hate it; I want it to die.

Crypto will be the only way to trade online in a decade.

[alexisd]

I've been ripped off through paypal even AFTER receiving positive feedback on ebay on a transaction. I had no leg to stand on due to the item not being sent signed for.

I hate it; I want it to die.

Crypto will be the only way to trade online in a decade.

Lol..calm down bro. I ve had my faces ripped off on Paypal too..

[sarc]

thanks for the info.

[boneee]

Thanks for the useful info!

[euskara]

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.

how about casacius coins, that can be confirmed....

[thebaron]

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.

how about casacius coins, that can be confirmed....

"Significantly not as described."

[windmill]

stay away from paypal. Use bitinstant instead.

[jthelle]

Bumping a sticky just for the fun of it. Good stuff!

[DreadKnight]

stay away from paypal. Use bitinstant instead.

Well, that's not quite easy to do I'm afraid.
I'm a freelancer (doing 3d and what not) and not sure how I would get $ if not for paypal.
How do people do things with money online if not using paypal or bitcoins? Using bank accounts or credit cards?
I don't quite know a good way atm to buy or sell bitcoins for dollars

[yawhide]

interesting I never knew

[Mike Christ]

PayPal?

Just say "No way, pal!"