Are people interested in a Bitcoin for PayPal section? (currency exchange)

Ebayorbust · #67 12-10-2016

I'm not missing the point at all. A fellow account seller asked for opinions on how he could protect himself if he decided to sell BTC for Paypal funds and all I was doing was pointing out some of the risks he will face.

The idea is certainly a good one and I'm all for it.

slokor · #68 12-10-2016

I agree with both of you guys.
Ebayorbust makes an excellent point on needing to pay close attention to anyone who can afford to let go of 30%.
On the other hand like UKGift says noone is forcing anyone to do any sort of deal.
To me this is not really going to be a cashout service. the limit on amount I will be imposing will not really work for that purpose realistically speaking.
This will be more for people who actually need to get some Bitcoin for their personal use and need to do so quickly and hassle free. In that case and given the limitations on the amounts and all it would make a lot more sense for someone to have no issues with paying that percentage to get what he needs fast.

UKGiftWarranty · #69 12-10-2016

Quote:

Originally Posted by Ebayorbust

I'm not missing the point at all. A fellow account seller asked for opinions on how he could protect himself if he decided to sell BTC for Paypal funds and all I was doing was pointing out some of the risks he will face.

The idea is certainly a good one and I'm all for it.

Sorry bud, missed the question on protection and thought it was more a generalised comment on the thread topic. I'll get back to my corner!

sdot10 · #70 12-12-2016

I have sold bitcoin around and I think this forum would be a great spot to have an exchange. To be honest spotting a scammer with bitcoin is incredibly easy. There are precautions you can take with paypal to protect yourself and if we did it here there should absolutely be requirements. Like someone said nobody is going to ruin their reputation here for $500. If you have been on the site for awhile its just not worth it. Especially since the ledger is public. A lot of people dont realize bitcoins are very traceable. Its decentralized nature is what makes it incorruptible

GreenBean · #71 12-13-2016

Here is a hint. .... stop with this it is all cool and nothing could happen.

NEVER under estimate human nature.

People can be opportunists. Always remember this.

sdot10 · #72 12-13-2016

Nothing can happen in the sense of fraud. Sure someone can file a chargeback with paypal but thats about it. Thats why you have requirements and only deal with a select number of people that requirements. As far as on the bitcoin side nothing can happen.

UKGiftWarranty · #73 12-13-2016

Quote:

Originally Posted by GreenBean

Here is a hint. .... stop with this it is all cool and nothing could happen.

NEVER under estimate human nature.

People can be opportunists. Always remember this.

Yawn. Award for most pointless post of the day goes too.....

The same can be said for absolutely anything. Stop with this ****. Just use common sense, like with any online trade. If you like it do it, if you don't, then don't. It REALLY is that simple. /thread

HumanBrain · #74 07-27-2017

yes, please

danshan · #75 07-27-2017

just my 2 cents anyone make sure you are on the getting btc side of any btc to paypal transaction or you will lose, period you will lose.

cool25 · #76 08-19-2017

Quote:

Originally Posted by aspkin

I have seen these gain in popularity for awhile now.

Are people interested in a BTC for PayPal exchange section of the forums? I can see it being popular for those members who don't have a bank account for PayPal to withdraw funds (mostly outside UK, US, CA, AU). And for those people who want to withdraw funds to BTC.

Bitcoin is gaining in popularity (I use it everyday), it's easy to get started and more companies are accepting it as a payment option.

Are people interested in this?

Seems great deal with exchange. i am interested and i'll save it for my future work

Hallow · #77 08-24-2017

If you buy bitcoins from stealth paypal account on a weekly basis as the only fund withdrawal method, is it going to trigger any flag or limitation?

Fondubious · #78 09-01-2017

Used to be guys that did PP=>BTC for decent rates at bitcoin-otc.com and the irc channel, but it looks like they're long gone. It was a very long, painful process to establish a reputation though-I didn't have the patience for it.