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Author Topic: buying bitcoins with PayPal 72hour hold safe?  (Read 923 times)
ukbitcoiner (OP)
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April 28, 2013, 07:28:52 PM
 #1

As above alot of sellers are offering bitcoins via PayPal but holding the funds for 72 hours. Is it any safer for buyer / seller?
ukbitcoiner (OP)
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April 28, 2013, 07:47:05 PM
 #2

Bumpa
vm1990
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April 28, 2013, 07:50:09 PM
 #3

nope the account hacked trick still works all the way up to 30 days and sometimes longer... if you have to buy bitcoin with paypal then you need to be a very trusted person as the seller takes all the risks. i use paypal as little as possible for selling bitcoins unless its someone iv done many many trades with and i trust alot

if your a buyer then your a bit safer but you will pay a premium most of the time

The_Authorities
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April 28, 2013, 08:01:42 PM
 #4

Totally, done it numerous times, buy with confidence.
ukbitcoiner (OP)
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April 28, 2013, 09:26:23 PM
 #5

Thanks. Any more input?
ukbitcoiner (OP)
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April 28, 2013, 10:23:47 PM
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Bump
ukbitcoiner (OP)
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April 29, 2013, 08:32:27 AM
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Morning bump
ukbitcoiner (OP)
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April 29, 2013, 10:38:24 AM
 #8

Is it safe for me to buy?
Schrankwand
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April 29, 2013, 10:42:39 AM
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Is it safe for me to buy?

Yes, it is safe to buy. It is however not safe to sell.
dino_saur
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April 29, 2013, 12:02:16 PM
 #10

bought through paypal multiple times. good for buyer if you don't mind the higher price. bad for seller I assume vis a vis fraud/chargebacks etc.
ukbitcoiner (OP)
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April 29, 2013, 02:33:27 PM
 #11

Bought 30 Bitcoins, hope it all goes smoothly ... will see in 3 days time
GorkaMorka
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April 29, 2013, 02:55:39 PM
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I buy with Paypal sometimes and just send a "gift" and then you can't do a chargeback so should be ok
Schrankwand
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April 29, 2013, 06:47:05 PM
 #13

I buy with Paypal sometimes and just send a "gift" and then you can't do a chargeback so should be ok

If the other person claims he was hacked, that is fraudulent usage, paypal WILL reverse.
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April 29, 2013, 06:55:03 PM
 #14

I just tried it and it worked fine!
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