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ABitBack (OP)
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August 05, 2013, 07:03:33 AM |
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Looking to buy 3BTC via PayPal funds. The escrow will be John K and it will work like this.
I gift John the funds then he will gift you. If you want to sell more or less than 3 Btc that can be arranged.
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"Bitcoin: the cutting edge of begging technology." -- Giraffe.BTC
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UnderGod
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August 05, 2013, 07:36:14 AM |
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Looking to buy 3BTC via PayPal funds. The escrow will be John K and it will work like this.
I gift John the funds then he will gift you. If you want to sell more or less than 3 Btc that can be arranged.
If John K actually agrees with this transaction and you pay the fees, you've got a seller here  |
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danieldaniel
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August 05, 2013, 08:06:08 AM |
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LOL. There are so many problems with this transaction... John will never agree to this.
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UnderGod
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August 05, 2013, 08:27:48 AM |
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LOL. There are so many problems with this transaction... John will never agree to this.
That's why I said "if he agrees" ;-) |
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ABitBack (OP)
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August 05, 2013, 09:37:18 AM
Last edit: August 05, 2013, 09:50:18 AM by ABitBack |
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He has indeed agreed. I'll PM him and yes I'm ok with paying the fees.
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UnderGod
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August 05, 2013, 10:47:19 AM |
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He has indeed agreed. I'll PM him and yes I'm ok with paying the fees.
If John K has agreed, then we can go through with this, and I'm awaiting PM from John K with his escrow address. |
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UnderGod
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August 05, 2013, 05:05:08 PM |
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He has indeed agreed. I'll PM him and yes I'm ok with paying the fees.
If John K has agreed, then we can go through with this, and I'm awaiting PM from John K with his escrow address. Found a way to spend my coins instead of selling them, so no go anymore for me, good luck in finding another buyer! Maybe ask John K to confirm in this thread he's agreed to escrow this deal, will make things a lot easier for you to find someone |
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UnderGod
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August 05, 2013, 05:14:12 PM |
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Feeling as this should be said:
1 minute after my last reply (yeah, nice timing John K :p), I received the next info:
John K would not be intermediary to the paypal transaction, he would just hold the coins and ABitBack would be sending the paypal funds directly himself, so it's completely not as described in the first post.
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John (John K.)
Global Troll-buster and
Legendary
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Activity: 1288
Merit: 1225
Away on an extended break
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August 05, 2013, 05:15:08 PM |
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PS: I will not hold any currencies apart from BTC here as I would be dumped with the chargeback risk in this case.
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ABitBack (OP)
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August 05, 2013, 06:57:33 PM |
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PS: I will not hold any currencies apart from BTC here as I would be dumped with the chargeback risk in this case.
I was under the assumption you couldn't do a chargeback when sending as a 'gift' as its not protected. I might take a look at buying linden dollars and doing it that way. |
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DannyHamilton
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Activity: 3388
Merit: 4623
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August 05, 2013, 07:50:32 PM |
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PS: I will not hold any currencies apart from BTC here as I would be dumped with the chargeback risk in this case.
I was under the assumption you couldn't do a chargeback when sending as a 'gift' as its not protected. - snip - Your assumption is incorrect. |
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ABitBack (OP)
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August 05, 2013, 07:56:48 PM |
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PS: I will not hold any currencies apart from BTC here as I would be dumped with the chargeback risk in this case.
I was under the assumption you couldn't do a chargeback when sending as a 'gift' as its not protected. - snip - Your assumption is incorrect. Hmm I guess the only way would be to create a PayPal account, send funds to it then simy trade the account via escrow. The new holder can then send the funds to themselves and change the password/email. |
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grue
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Activity: 2058
Merit: 1431
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August 05, 2013, 09:59:47 PM |
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Hmm I guess the only way would be to create a PayPal account, send funds to it then simy trade the account via escrow. The new holder can then send the funds to themselves and change the password/email.
No, they'll recover the money by clawbacks. |
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DannyHamilton
Legendary
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Activity: 3388
Merit: 4623
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August 05, 2013, 10:08:03 PM |
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There is simply no secure safe irreversible way to accept payment via PayPal for something irreversible like bitcoin.
You either accept the risk of fraud and set your exchange price accordingly, or you do like all the other knowledgeable people around here and avoid PayPal entirely.
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DannyHamilton
Legendary
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Activity: 3388
Merit: 4623
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August 05, 2013, 10:11:37 PM |
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If you give up on the PayPal idea, I'm willing to sell you the bitcoins you desire. I require MtGox_Last + 5%. Acceptable forms of payment are: - Western Union
- MoneyGram
- Mailed U.S. cash
- Mailed U.S. postal money order
- Face-to-face cash exchange if you are anywhere near Chicago
You would have to pay any fees associated with whatever form of payment you choose. Either you send first, or we use trusted escrow. |
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