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Author Topic: [2014-06-09] Scam Alert: BTCPromo Will Exchange Bitcoins For Paypal  (Read 359 times)
aliceHortrex
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June 08, 2014, 09:52:41 PM
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http://cointelegraph.com/news/111722/scam_alert_btcpromo_will_exchange_bitcoins_for_paypal_except_when_they_don_t

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The problem is, several customers are alleging that BTCPromo is keeping their Bitcoin and without paying for it.
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Even in the event that an attacker gains more than 50% of the network's computational power, only transactions sent by the attacker could be reversed or double-spent. The network would not be destroyed.
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kjlimo
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June 09, 2014, 02:27:28 AM
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This world will always have problems where irreversible payment methods meet reversible payment methods...

Comes with the territory.

Coinbase for selling BTCs or Vircurex for trading alt cryptocurrencies like DOGEs
CoinNinja for exploring the blockchain.
PM me with any questions on these sites!  Happy to help!
Ron~Popeil
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June 09, 2014, 05:24:33 AM
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This world will always have problems where irreversible payment methods meet reversible payment methods...

Comes with the territory.

Using paypal for anything BTC related is a big risk. 

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