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Author Topic: Looking to buy 15 BTC with PayPal - Masspayment, non-reversible method!  (Read 1077 times)
mattermaster
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June 11, 2017, 03:38:29 AM
Last edit: June 11, 2017, 12:29:40 PM by mattermaster
 #21

Here we go again the classic story where some newbie try to convince us to sell him BTC via Paypal because his sendi g method is safe same bullshit story like the one where people claim that f&f sendind is safe and not reversible.
Just stop ot please it's not save and it does not matter how you send it, Paypal and BTC is something that should never be mixed as it will end often in scams and fraud!

You were also trying to scam people you know it well. Some days before, you were  asking to exchange your paypal and when you were told about paypal's reversal option, you never accepted , you didn't understand our risks. Then why you came here to spill these words upon OP's similar offer?

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aadje93
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June 11, 2017, 03:43:30 AM
 #22

Here we go again the classic story where some newbie try to convince us to sell him BTC via Paypal because his sendi g method is safe same bullshit story like the one where people claim that f&f sendind is safe and not reversible.
Just stop ot please it's not save and it does not matter how you send it, Paypal and BTC is something that should never be mixed as it will end often in scams and fraud!

You were also trying to scam people you know it well. Some days before, you were also asking to exchange  to exchange your paypal and when you were told about paypal's reversal option, you never accepted , you didn't understand our risks. Then why you came here to spill these words upon OP's similar offer?

And guess what i exchanged 150$ in total Smiley at leaat i not ask for 15 ridiculus coins.

cpfreeplz
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June 11, 2017, 03:47:11 AM
 #23

I read about this and the reversal might be difficult since it's a payment used for commissions, rebates, rewards, and general payments which are not reversible, but I read somewhere it can be reversed.

Edit: This payment is reversible and it's covered by paypal buyer protection.
https://www.paypal.com/de/webapps/mpp/ua/sellerprotection-full?locale.x=en_DE
Section 2. Coverage.
No it cannot. They updated ToS recently.

https://www.paypal.com/uk/webapps/mpp/ua/archive-policies-full

Quote
PayPal seller protection
Section 11.10 is amended in order to outline that the following items/transactions/cases are ineligible for PayPal seller protection:
1. Payments made in respect of gold (whether in physical form or in exchange-traded form); and

2. PayPal Mass Payment transactions.

Still looking to purchase BTC.

Here we go again the classic story where some newbie try to convince us to sell him BTC via Paypal because his sendi g method is safe same bullshit story like the one where people claim that f&f sendind is safe and not reversible.
Just stop ot please it's not save and it does not matter how you send it, Paypal and BTC is something that should never be mixed as it will end often in scams and fraud!
You are wrong mate. I have provided you with ToS (link above). You can call PayPal and ask about it directly.

Their ToS also say you can't buy bitcoins with their service so obviously you're not too concerned with the ToS now are you? You seem to really need to only use PayPal and nothing else. Sketchy.
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June 11, 2017, 04:13:16 AM
 #24

Fiat anything's reversible with a court order.
A court will only enforce a contract and has a high standard of evidence necessary to issue an order effectively "reversing" a fiat transaction.

Technically speaking, a court could reverse a Bitcoin transaction by ordering one party to pay another party the fiat equivalent of a btc transaction and jail someone who doesn't comply.

A "mass payment" pp transaction is going to be reversible because the owner of the sending account can claim their account was hacked and/or the funds could originate via fraudulent means.

I would not trade with the OP with the terms offered.
babsalt1975
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June 11, 2017, 04:38:47 AM
 #25

Having lost my bitcoin in a similar trade, I would not advice anyone to exchange bitcoin with Paypal. Whichever method you are using, make sure that it does not go against the terms and conditions set on Paypal
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June 11, 2017, 06:06:30 AM
 #26

Fiat anything's reversible with a court order.
A court will only enforce a contract and has a high standard of evidence necessary to issue an order effectively "reversing" a fiat transaction.

...

A "mass payment" pp transaction is going to be reversible because the owner of the sending account can claim their account was hacked and/or the funds could originate via fraudulent means.

And if PayPal doesn't reverse it after receiving those types of claims, a court will order PayPal to reverse it, after receiving sufficient evidence. The BTC sender loses the fiat they were sent in exchange, as it's reversed back to the original PayPal accountholder, the anonymous BTC receiving scammer gets away scot-free.

Technically speaking, a court could reverse a Bitcoin transaction by ordering one party to pay another party the fiat equivalent of a btc transaction and jail someone who doesn't comply.

If the court knows who received the BTC. Non-dumbest PayPal scammers wouldn't use accounts with their own identity tied to them in any way.

Saying that you don't trust someone because of their behavior is completely valid.
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