New User - Looking to trade USD for BC

[crepetape]

Hi everyone,

Looking to get started with BC and want to trade with someone who has them. Will pay whatever the avg price per BC is right now, eg 10 bucks per coin.

Please let me know!

-crepetape

[crepetape]

Suggestions would also be great!

[Smalleyster]

They are valued at about $13.30 right now.

http://bitcoincharts.com/markets/

[crepetape]

will def still trade

[JCbit]

After i send the btc is that where you will
start a dispute via paypal? and get your money back?

meanwhile... im out x BTC?

[Smalleyster]

After i send the btc is that where you will
start a dispute via paypal? and get your money back?

meanwhile... im out x BTC?

You figured it out properly. Only take cash for your hard earned btc.

[crepetape]

i see..

[trentzb]

It is unfortunate but this the way it is, very few trust trading PayPal/Dwolla/ACH for non-reversable BTC. Because of a handful of scammers reversing transactions after receiving BTC it inhibits newcomers from easily entering the economy.

Right now Paxum is the one up to bat, downside is the time it takes to get funds into them and extreme ID verification (necessary).

[crepetape]

What about Mt. Gox? Is it easier to just add USD then buy BC from there?

[trentzb]

Others would have to comment on getting USD into MtGox/TH. I have never moved USD into an exchange so I am not familiar with the available methods.

[crepetape]

Sure, any help would suffice!

[Smalleyster]

Sure, any help would suffice!

As trentzb said Paxum is the only not distrusted (notice I did not say trusted) site in the game right now. I used Dwolla sucessfully a few times before the debacle.

If I were you I would consider setting up accounts on both Paxum and Dwolla and sending SMALL test amounts to each that you could afford to lose. You then send from them to the exchange of your choice. I use MtGox, TradeHill and CampBX.

Remember only use SMALL test amounts that you can fully afford to lose until you become familiar with the process and learn to trust your vendors.

Good Luck

[crepetape]

Huge help, much appreciated!

[Nibbler]

Sure, any help would suffice!

As trentzb said Paxum is the only not distrusted (notice I did not say trusted) site in the game right now. I used Dwolla sucessfully a few times before the debacle.

If I were you I would consider setting up accounts on both Paxum and Dwolla and sending SMALL test amounts to each that you could afford to lose. You then send from them to the exchange of your choice. I use MtGox, TradeHill and CampBX.

Remember only use SMALL test amounts that you can fully afford to lose until you become familiar with the process and learn to trust your vendors.

Good Luck

To ask a really obvious question, is there a particular reason NOT to trust either of Paxum or Dwolla? Are those what most people use?

[crepetape]

^ wonderin same

[Smalleyster]

Sure, any help would suffice!

As trentzb said Paxum is the only not distrusted (notice I did not say trusted) site in the game right now. I used Dwolla sucessfully a few times before the debacle.

If I were you I would consider setting up accounts on both Paxum and Dwolla and sending SMALL test amounts to each that you could afford to lose. You then send from them to the exchange of your choice. I use MtGox, TradeHill and CampBX.

Remember only use SMALL test amounts that you can fully afford to lose until you become familiar with the process and learn to trust your vendors.

Good Luck

To ask a really obvious question, is there a particular reason NOT to trust either of Paxum or Dwolla? Are those what most people use?

Research!

Dwolla relieved Tradehill of some $30,000+ under the table (ie; in secret, just deleted it out of their account) with no explanation what so ever, and Paxum is based in Belize.

I certainly don't trust Belize as I have been there and know just how business is conducted there.

To me the more obvious question, is there a particular reason TO trust either of Paxum or Dwolla?

I don't trust you just because you have not robbed me yet. I only trust you after *years* of successful transactions. And even then I have my doubts. Experience does that to us old folks.

[crepetape]

Haha well-put. I'll look into both, but as far as I concerned now there's like a .01% chance I actually get embedded into BC society..

[Nibbler]

There are no other ways to buy BTC at this time? I guess of the two, I'd trust Dwolla more, just because in looking around it seems like what more people have had success with. But if there are other options, that'd be cool too.

[Smalleyster]

Haha well-put. I'll look into both, but as far as I concerned now there's like a .01% chance I actually get embedded into BC society..

I don't mean to scare you away, but I also want you to be aware that this is a test bed. 8^)

[indio007]

You could try this....


http://btcnearme.com/