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Author Topic: Reliable Bitcoin to Paypal exchange  (Read 884 times)
NLBtcExchange (OP)
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June 21, 2014, 05:53:22 PM
 #1

I have some bitcoin and I am looking for a reliable way to transfer them to PayPal,

I googled around a bit and found this site, It looks trustable and it seems like they have been around for a while.

I was wondering if anyone has used this site before?

http://paypal-bitcoin-exchange.com
jamesc760
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June 21, 2014, 06:51:51 PM
 #2

Don't do it. Very risky. You won't see your btc or money. Scam alert, my senses are tingling all over!!!
NLBtcExchange (OP)
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June 21, 2014, 06:54:57 PM
Last edit: June 21, 2014, 07:18:57 PM by NLBtcExchange
 #3

Have you actually used it or are you just responding based on your childhood fears?

I'm asking if anyone has used it, because some sites (1 in 10 million) are actually to be trusted, and I'm simply curious about this one.

* Edit : I decided to give it a shot - Payment is pending, I'll keep you all updated.


* Edit 2 : Took about 7 minutes and it arrived, however I only tried around 0.5 bitcoin

Screenshot : https://dyp.im/ujLfmHgKLz

Does not say much, I am well aware, but  at least i did not just throw away $300 Smiley happy days
odolvlobo
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June 21, 2014, 11:08:51 PM
Last edit: June 21, 2014, 11:34:48 PM by odolvlobo
 #4

Don't do it. Very risky. You won't see your btc or money. Scam alert, my senses are tingling all over!!!

I agree. This is probably a scam. NLBtcExchange is being dishonest.

At 05:53:22 PM, he wrote "I googled around a bit and found this site".
At 06:30:02 PM, he wrote "I used them earlier today". (https://bitcointalk.org/index.php?topic=448423.msg7439277#msg7439277)
At 06:54:57 PM, he wrote "I'm simply curious about this one".
At 07:18:57 PM, he wrote "Edit : I decided to give it a shot - Payment is pending" and "Edit 2 : Took about 7 minutes and it arrived".


At 6:30, he said he used the site earlier, but at 7:18, he wrote that he just gave it a try. One of those statements must be a lie.

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PGP Fingerprint: 6B6BC26599EC24EF7E29A405EAF050539D0B2925 Signing address: 13GAVJo8YaAuenj6keiEykwxWUZ7jMoSLt
odolvlobo
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June 21, 2014, 11:28:25 PM
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It is also odd that the site is paying more than the bitstamp and btc-e ask prices. They can't make a profit doing that.

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June 22, 2014, 06:12:11 AM
 #6

It is also odd that the site is paying more than the bitstamp and btc-e ask prices. They can't make a profit doing that.
A very valid question, We make our money by playing with the volatility of the BTC-e stock markets, Nothing shady, Nothing Difficult, simply extremely risky for the end users.

Feel free to ask any questions about our service you wish.
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