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Author Topic: Buying BitCoin  (Read 471 times)
Wildy
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August 19, 2011, 03:37:18 PM
 #1

I would like to purchase a small quantity of BitCoin; unfortunately what little money I have is tied up in PayPal (as opposed to being in my bank) which means that I can't buy any BTC because people will not trust newcomers to reverse the transfer.

Would it not be possible to buy some if the payment was sent as a gift (from what I understand, gift payments cannot be reversed)? Surely if using this method the buyer can be trusted so long as they pay first?

Thanks.


P.S. And although I should post this in the Market, is there anyone who'd be willing to exchange $17 for BTC using the method mentioned above?

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There are several different types of Bitcoin clients. Server-assisted clients like blockchain.info rely on centralized servers to do their network verification for them. Although the server can't steal the client's bitcoins directly, it can easily execute double-spending-style attacks against the client.
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Sohcahtoa
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August 19, 2011, 05:31:17 PM
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At the current rate, $17 is about 1.7 BTC.  I'd do it, but I don't have even 1.7 BTC.  I have 0.438, but I'm expecting some Ponzi payouts soon, so I MIGHT have it in about 14 hours.
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August 19, 2011, 05:57:39 PM
 #3

from what I understand, gift payments cannot be reversed
I saw in another thread that gift payments can be reversed

Own address: 19QkqAza7BHFTuoz9N8UQkryP4E9jHo4N3 - Pywallet support: 1AQDfx22pKGgXnUZFL1e4UKos3QqvRzNh5 - Bitcointalk++ script support: 1Pxeccscj1ygseTdSV1qUqQCanp2B2NMM2
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November 25, 2012, 10:26:00 AM
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I have seen BTC gift certificates on www.btcquick.com maybe that's what you're talking about?
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