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Author Topic: Sellings Bitcoins with Paypal, Credit Card  (Read 797 times)
openagain
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February 09, 2014, 12:04:47 AM
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Can someone explain to me why it would not be possible to sell Bitcoins and accept Credit card/paypal as payment??
I understand people may chargeback paypal. Wouldn't paypal "gift" solve that problem?

For credit card, wouldn't traditional ecommerce websites be able to verify your credit card?

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whtchocla7e
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February 09, 2014, 12:05:37 AM
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Why do you want to sell Bitcoins for FIAT? You're a traitor.
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February 09, 2014, 12:08:46 AM
 #3

Can someone explain to me why it would not be possible to sell Bitcoins and accept Credit card/paypal as payment??
I understand people may chargeback paypal. Wouldn't paypal "gift" solve that problem?

For credit card, wouldn't traditional ecommerce websites be able to verify your credit card?

Paypal gifts are reversible.

There is no way to verify a credit card is being used by the person supposed to be using it.
Meuh6879
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February 09, 2014, 12:29:22 AM
 #4

I understand people may chargeback paypal.

I think no ... because you have posted the answer of your question.
people DO chargeback !
UltraPleb
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February 09, 2014, 10:13:07 AM
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Even if someone sends it as a gift they can claim the transaction was unauthorized and still get their money back. Don't sell on PayPal, and most of all don't sell for fiat at all.

megadeth92
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February 09, 2014, 11:40:58 PM
 #6

Is not a good idea selling BTC or other crypto-coins by Paypal...
Refund option for buyers is very dangerous! :S

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minerherecoin
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February 10, 2014, 01:42:11 AM
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Are you on reddit? I'm looking to buy a small amount - $200 usd with paypal gift. I bought lots of doge already and have confirmed transactions with other power users. Pm me!
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