For those thinking about doing this, if he is getting his paypal funds from a bank account/credit card, it might very well be possible that he'll be able to chargeback after 180 days as well.
A buyer may choose to file a chargeback through their bank. Credit card chargeback rights may be broader than PayPal's terms and conditions - for example, they can be filed more than 45 days after payment and may cover intangible items.
If a buyer has opened a claim with PayPal and they then file a chargeback, PayPal will close their claim and the buyer will have to rely on chargeback rights.
A buyer must open a dispute via the PayPal Resolution centre within 180 days of making the payment. This is an extension of the 45 days which it was previously. Buyers are encouraged to deal directly with sellers to resolve the dispute.
If a resolution can't be found, the buyer can escalate the complaint - but only within 20 days of opening the dispute. Otherwise, PayPal will close the dispute and the buyer won't be eligible for reimbursement.
During the claims process, PayPal may require documentation to support your position, such as proof of postage and delivery.
Once a dispute is escalated, PayPal will - after surveying the evidence - make a decision in favour of the buyer or seller.
If you've followed all the requirements for your sale to be eligible for PayPal Seller Protection, it's unlikely that you'll lose out.
@AdolfinWolf I hope you are not making up things.
...to make a shady trade
What makes this trade thread shady by the way?
@Mdayonliner, why don't you just use an exchange? It's not like you haven't scattered your KYC info all over the place already.
but now I'm not sure why you can't just use an exchange?
I don't have accounts with exchanges (except Bitfinex) that accept fiat deposit. I knew creating account in a fiat deposit exchange is hassle. They have KYC verification time, excessive charge for deposit, withdrawal charge,
deposit limit (10Euro LOL) etc etc. But after reading the comment from jackg and adolfinWolf I did a quick search and found this:
https://www.buybitcoinworldwide.com/buy-bitcoin-bank-transfer-account/ (The summary is: I will have to go through with the KYC time delay, excessive charge for deposit, pathetic deposit limit etc etc which means for 140$ worth of transaction it's too much) I wanted to buy in this deep by the way so timing is important for me.
I browsed on Localbitcoins and there again price is high:
http://prntscr.com/ltnn97The only time I bought using coinbase was long ago and the amount was £50 (that was the highest limit, then I never bothered to log in into that account and now I don't know the credentials)
The reason I wanted to buy using the forum was to avoid the hassles of KYC, Deposit limit, excessive charges (both deposit and withdrawal) but seems like people are thinking
too cheap...