bryant.coleman
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April 20, 2014, 07:29:44 AM |
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The only legit PayPal trader is IvanRussia on LocalBitcoins.
Used him twice, never had a problem.
There are a few more of them. But all of them (including the seller IvanRussia) charge very high commissions. Can't blame them though, the trade using Paypal is extremely risky. |
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Each block is stacked on top of the previous one. Adding another block to the top makes all lower blocks more difficult to remove: there is more "weight" above each block. A transaction in a block 6 blocks deep (6 confirmations) will be very difficult to remove.
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Rampton
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April 20, 2014, 11:08:18 AM |
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The only legit PayPal trader is IvanRussia on LocalBitcoins.
Used him twice, never had a problem.
How can you say he is the only legit one? |
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bryant.coleman
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April 20, 2014, 11:23:14 AM |
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How can you say he is the only legit one?
He is the only trader with more than 475 positive feedback and no negative feedback. A few others are also there, such as CoinPro, but they have lesser number of positive feedback and their commissions are much higher. |
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Rampton
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April 20, 2014, 11:27:13 AM |
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How can you say he is the only legit one?
He is the only trader with more than 475 positive feedback and no negative feedback. A few others are also there, such as CoinPro, but they have lesser number of positive feedback and their commissions are much higher. He buys for Bitcoin? You can't say he's the only leigit seller though. |
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bryant.coleman
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April 20, 2014, 11:32:26 AM |
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He buys for Bitcoin? You can't say he's the only leigit seller though.
No. He does not buy Bitcoins. He only sells them. |
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MUFC
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April 20, 2014, 11:37:39 AM |
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He buys for Bitcoin? You can't say he's the only leigit seller though.
No. He does not buy Bitcoins. He only sells them. How does he insure he doesnt get scammed? |
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Rampton
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April 20, 2014, 11:38:21 AM |
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He buys for Bitcoin? You can't say he's the only leigit seller though.
No. He does not buy Bitcoins. He only sells them. How does he insure he doesnt get scammed? That's what i'd like to know. Does localbitcoins have any safeguards? |
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Gervais
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April 20, 2014, 11:39:39 AM |
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Maybe he just takes the risk with the high premium like ebay sellers used to do.
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MUFC
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April 20, 2014, 11:45:46 AM |
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Maybe he just takes the risk with the high premium like ebay sellers used to do.
He cant just takr the risk. People would scam all the time. |
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bryant.coleman
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April 20, 2014, 12:52:37 PM |
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How does he insure he doesnt get scammed?
No idea about that. But he sells Bitcoin in exchange for both Paypal and OKPay. Charges a premium of 17.5% if Paypal is used, and 0% if OKPay is used. That means he expects at least some of the buyers to scam him. |
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Holm
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April 20, 2014, 01:14:48 PM |
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It seems that he takes all the risks on its own account
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Dogtanian
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April 20, 2014, 01:19:20 PM |
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How does he insure he doesnt get scammed?
No idea about that. But he sells Bitcoin in exchange for both Paypal and OKPay. Charges a premium of 17.5% if Paypal is used, and 0% if OKPay is used. That means he expects at least some of the buyers to scam him. Must be something else to it. I imagine scammers will just take advantage of this all the time. |
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Rampton
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April 20, 2014, 01:23:53 PM |
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How does he insure he doesnt get scammed?
No idea about that. But he sells Bitcoin in exchange for both Paypal and OKPay. Charges a premium of 17.5% if Paypal is used, and 0% if OKPay is used. That means he expects at least some of the buyers to scam him. Must be something else to it. I imagine scammers will just take advantage of this all the time. Same. Once they find someone accepts paypal it's quickly exploited until they use it no more. |
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apsvinet
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April 20, 2014, 02:09:05 PM |
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How does he insure he doesnt get scammed?
No idea about that. But he sells Bitcoin in exchange for both Paypal and OKPay. Charges a premium of 17.5% if Paypal is used, and 0% if OKPay is used. That means he expects at least some of the buyers to scam him. Must be something else to it. I imagine scammers will just take advantage of this all the time. Same. Once they find someone accepts paypal it's quickly exploited until they use it no more. Yup, that's why there's so many people advising you not to use it, bitcoin related trades or not. |
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bryant.coleman
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April 20, 2014, 02:17:29 PM |
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Same. Once they find someone accepts paypal it's quickly exploited until they use it no more.
I have never traded with him. But he has so far conducted 478 successful trades, including some high-volume ones. If he was frequently scammed, then he might have stopped with 20 or 25 trades. That didn't happened. So all I can say is that this guy must be really intelligent. He must be taking enough precautions to not get scammed. |
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apsvinet
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April 20, 2014, 02:19:05 PM |
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Same. Once they find someone accepts paypal it's quickly exploited until they use it no more.
I have never traded with him. But he has so far conducted 478 successful trades, including some high-volume ones. If he was frequently scammed, then he might have stopped with 20 or 25 trades. That didn't happened. So all I can say is that this guy must be really intelligent. He must be taking enough precautions to not get scammed. Or maybe he's just a person who trusts others, and so far has been successful doing so. Not everyone is a scammer on the internet, but there are a lot of them. |
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Dogtanian
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April 20, 2014, 02:35:06 PM |
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Same. Once they find someone accepts paypal it's quickly exploited until they use it no more.
I have never traded with him. But he has so far conducted 478 successful trades, including some high-volume ones. If he was frequently scammed, then he might have stopped with 20 or 25 trades. That didn't happened. So all I can say is that this guy must be really intelligent. He must be taking enough precautions to not get scammed. Or maybe he's just a person who trusts others, and so far has been successful doing so. Not everyone is a scammer on the internet, but there are a lot of them. If he just puts blind trust in people he would be repeatedly scammed. |
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bryant.coleman
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April 20, 2014, 04:32:06 PM |
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If he just puts blind trust in people he would be repeatedly scammed.
I think the guy is doing something very intelligent so that he is not affected by the Paypal refunds. May be he has registered to Paypal with someone else's credit card and bank account. 478 trades without getting scammed means he is not a fool. |
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Holm
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April 20, 2014, 05:04:03 PM |
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it is possible, ha can use virtual card
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Majixagi
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May 15, 2014, 09:00:29 PM |
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You say it is possible to reverse any transaction with Paypal? I'd like to know how, because it seems to me that Paypal is in bed with the scammers and will rule in favor of the seller of a digital good if you were stupid enough to use paypal to pay for it. This is my experience anyway. If there is a way around it, I'd love to know what it is in order to get my money back.
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has not sold out
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