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May 15, 2011, 03:48:50 PM Last edit: May 15, 2011, 04:24:07 PM by why |
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I'm not looking to start any dishonest trades, I'm just in need of Bitcoins immediately and do not wish to go through other processors that Mt. Gox accepts.
I realise there are risks of chargebacks with PayPal accounts, but I don't believe what you proposed is a solution for it at all. Bank transfers only take 2-5 days whereas the whole transaction could be charged back within a period of up to six weeks , I believe. Getting your money in an actual bank account would not matter, because if it is charged back you would still owe paypal money or they would take it from your account. The most I can do is send it as a 'gift' or 'personal payment owed' with paypal (which doesn't eliminate the charge-back risk but puts a transaction dispute in your favour). I do dozens of paypal transactions daily for other purposes and I would likely suffer more from getting my account frozen than most others would.
In response to JackRabbit, I don't think there's many ways to assure people. The only solution is waiting after the chargeback period to send coins, which is obviously well into the future, at which point even the person with bitcoins could not send (plus significant market fluctuations). Even when buying physical goods (with or without an escrow service), someone can simply choose just to not send the product at all, or someone could say they never received it, it was broken, not the right item etc.
I've been selling some hosting services and other things to people along with some trades in in various IRC channels, but other than that I don't really have rep on here. At the end of the day it's up to you.
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