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Bitcoin Forum > Economy > Marketplace > Currency exchange > Buying 18 bitcoins for $90 via Paypal
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MJW (OP)
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February 26, 2012, 10:19:47 PM
Last edit: February 29, 2012, 12:01:46 AM by MJW
 #1
Hello, I'm trying to buy 18 BitCoins through Paypal. I understand the risks involved but honestly I have no other efficient method.

I'm willing to go first if you are reputable. If you're not willing to go first then please have a verified Middleman before initiating the trade.

My Paypal is verified.
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MJW (OP)
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February 27, 2012, 11:06:31 PM
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Increased the price to $90
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February 28, 2012, 11:07:12 PM
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pm sent
danieldaniel
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February 28, 2012, 11:10:10 PM
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If your paypal is verified, you have to have a bank account; correct?  Why can't you do a bank transfer?
▓▓▓ BITMIXER.IO ▓▓▓▓▓▓ High Volume Bitcoin MIXER ▓▓▓
MJW (OP)
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February 28, 2012, 11:56:43 PM
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Quote from: danieldaniel on February 28, 2012, 11:10:10 PM
If your paypal is verified, you have to have a bank account; correct?  Why can't you do a bank transfer?

Because I have money in Paypal which is intended for BitCoins. I avoid credit cards for typical reasons and have a debt card attached which means I have to wait a minimum week to transfer my funds while Paypal is instant.

I'm buying these BitCoins to immediately spend them afterwards. Figured using Paypal would be quicker.

Now here's my question: Are you actually interested in selling BTC through Paypal or completely intended on calling me out?
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February 29, 2012, 12:35:25 AM
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Quote from: MJW on February 28, 2012, 11:56:43 PM
Quote from: danieldaniel on February 28, 2012, 11:10:10 PM
If your paypal is verified, you have to have a bank account; correct?  Why can't you do a bank transfer?

Because I have money in Paypal which is intended for BitCoins. I avoid credit cards for typical reasons and have a debt card attached which means I have to wait a minimum week to transfer my funds while Paypal is instant.

I'm buying these BitCoins to immediately spend them afterwards. Figured using Paypal would be quicker.

Now here's my question: Are you actually interested in selling BTC through Paypal or completely intended on calling me out?
Neither Smiley

Just asking a question.  Tbh, I was just honestly curious!  Cheesy
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February 29, 2012, 12:37:59 AM
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Good luck finding some willing to accept your Paypal without a solid reputation.  Paypal is openly hostile to Bitcoin, and will freeze accounts for 6 months if they find out you are dealing with them, not to mention the chargeback risk.
https://www.bitcoin.org/bitcoin.pdf
While no idea is perfect, some ideas are useful.
MJW (OP)
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February 29, 2012, 01:56:36 AM
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I guess I'll just deal with the bank transfer, thanks anyways
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