Bitcoin Forum
June 26, 2017, 03:49:26 PM *
News: Latest stable version of Bitcoin Core: 0.14.2  [Torrent].
 
   Home   Help Search Donate Login Register  
Pages: [1]
  Print  
Author Topic: pp  (Read 899 times)
captainteemo
Full Member
***
Offline Offline

Activity: 145


View Profile
pp
October 20, 2011, 11:46:43 PM
 #1

is there any problem with sell bitcoin with paypal? any risk?

1498492166
Hero Member
*
Offline Offline

Posts: 1498492166

View Profile Personal Message (Offline)

Ignore
1498492166
Reply with quote  #2

1498492166
Report to moderator
POLONIEX TRADING SIGNALS
+50% Profit and more via TELEGRAM
ALTCOINTRADER.CO
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
bitleaker
Jr. Member
*
Offline Offline

Activity: 42


View Profile
October 20, 2011, 11:49:13 PM
 #2

Yes. The buyer can request a chargeback and there is nothing that you (the seller) can do about it. PP works with trusted buyers, but is not something that should be done with people who you don't know or trust.
Ricochet
Sr. Member
****
Offline Offline

Activity: 373



View Profile
October 20, 2011, 11:50:35 PM
 #3

Quite a lot of risk, yes.  You send the BTC, they send the PayPal money, then they claim they never got the product and PayPal sides with the buyer and reverses the transaction.  Since BTC are irreversible, you're out the money.  

And then PayPal will probably freeze both accounts since trading currencies via PP is against their Terms of Service.
shads
Sr. Member
****
Offline Offline

Activity: 266


View Profile WWW
October 21, 2011, 04:51:06 AM
 #4

is there any problem with sell bitcoin with paypal? any risk?

Detailed information about the risks of using paypal for bitcoin transaction can be found here

PoolServerJ Home Page - High performance java mining pool engine

MineZzone Zencash mining pool: Site / Support thread - PPLNT - 0% fee until 30th June - Stability and orphans sorted!!!

Quote from: Matthew N. Wright
Stop wasting the internet.
captainteemo
Full Member
***
Offline Offline

Activity: 145


View Profile
October 21, 2011, 02:20:01 PM
 #5

is there any problem with sell bitcoin with paypal? any risk?

Detailed information about the risks of using paypal for bitcoin transaction can be found here
But what if I ship a paper with private keys and post tracking number to auto win dispute?

Phinnaeus Gage
Legendary
*
Offline Offline

Activity: 1358


Bitcoin: An Idea Worth Spending


View Profile
October 21, 2011, 02:27:14 PM
 #6

is there any problem with sell bitcoin with paypal? any risk?

Detailed information about the risks of using paypal for bitcoin transaction can be found here
But what if I ship a paper with private keys and post tracking number to auto win dispute?

Incorporating PP as a Bitcoin exchange option have been discussed in depth on this forum. I even have suggested a way to circumnavigate around the issue to no avail. It truly is a dead end.

Aside: I do like your sig idea (Your link here from 0.01 BTC ~~ Two links available from 0.01 BTC) .01 BTC per 100 post per month. Once you reach 200 posts, the rate increases to .02 BTC/month. Of course it would be based on how your posts are perceived by the one who wants to advertise in your sig. I'll go one step further. What if you, or any other person, has another forum account and say they currently have 1000 posts. That would equate to .1 BTC/month to have a link in their sig.

If this is a good idea, somebody please start another thread to have it discussed.
nmat
Hero Member
*****
Offline Offline

Activity: 602


View Profile
October 21, 2011, 02:31:00 PM
 #7

But what if I ship a paper with private keys and post tracking number to auto win dispute?

If you sell "a paper with a bitcoin private key" insted of "X bitcoins", then I believe that you can make it.
worldinacoin
Hero Member
*****
Offline Offline

Activity: 672



View Profile WWW
October 21, 2011, 02:36:23 PM
 #8

But what if Paypal ban you because of trading with currency?

But what if I ship a paper with private keys and post tracking number to auto win dispute?

If you sell "a paper with a bitcoin private key" insted of "X bitcoins", then I believe that you can make it.
captainteemo
Full Member
***
Offline Offline

Activity: 145


View Profile
October 21, 2011, 02:41:45 PM
 #9

But what if Paypal ban you because of trading with currency?

But what if I ship a paper with private keys and post tracking number to auto win dispute?

If you sell "a paper with a bitcoin private key" insted of "X bitcoins", then I believe that you can make it.
I thought there was some court case involving go about how they don't twant it to be ruled a currency?

Gabi
Legendary
*
Offline Offline

Activity: 1050


View Profile
October 21, 2011, 03:00:52 PM
 #10

Doesn't matter, chargeback will win and you will lose your btc, no matter what, no matter if you have tracking numbers or what else.
Pages: [1]
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!