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Re: Any sellers of Crypto on here...?
 

It all depends on how competitive your rates are. The last chap was charging 15% fee (I think), and he didn't do well at all.

I can't see how you can get by charging anything less, though others have reported paying as little as 5%.

Always worth trying I guess. ;)

Re: Any sellers of Crypto on here...?
 

Stagnant sadly.

Re: Any sellers of Crypto on here...?
 

Sadly....

While obviously risky, it's something that should definitely be able to be done.

Re: Any sellers of Crypto on here...?
 

exactly and its being done :)

Hopefully soon officially available on this forum again.

Re: Any sellers of Crypto on here...?
 

There is virwox exchange.

It could be done in theory on the forums
You would have to limit the service to accounts 6 months old with 100+ posts or something.
Then you'd have to figure out the % of charge backs. If 25% of people charged back you'd have to make your markup 35% to make profit.

However Paypal would like come down on you since you wouldn't have tracking info and have a high number of charge backs.

Seems like a lot of work and headaches for someone to try make it work.

It would be a great service though if someone could do it.

Re: Any sellers of Crypto on here...?
 

Not really true what you say
I don't judge my customers based on the forum history, I have my own rules for this.

Definitely and hopefully soon also available on this forum. There is a real need for a such service here :)

Re: Any sellers of Crypto on here...?
 

I can smell your desperation from the UK mate, pack it in already.

You've been here 2 weeks and EVERY post is about you wanting to offer an exchange service at the forum. How do you know what the forum 'needs?'

We had a provider, now we don't, I don't see a big line of people asking where he's gone.

If you want to be a seller, go the official route, contact the owner of the forum and become a helpful member of the forum.

Re: Any sellers of Crypto on here...?
 

I can see your emotion by writing this.

But rest assured, I'm going to use the official route for this. I'm not here to break any rules.

Till now I didn't offer any service here but YES may be I will be doing here in the future and officially.

Thanks for the comment :-)

Re: Any sellers of Crypto on here...?
 

2 weeks does change things dramatically :)

Re: Any sellers of Crypto on here...?
 

The big sellers do face to face, 6 figure transactions. How they get their hands on so many coins? Business transactions, collections, rarely ever by purchasing it themselves

Small fish can use sites like paxful and localbitcoins, but the % upcharge is so insane now and the guys who have half way decent prices want you to ID.

How do you find your own local guys, just keep asking friends to ask their friends. 6 degrees of bitcoin.

Re: Any sellers of Crypto on here...?
 

I would totally use the service @ 25% feees

Re: Any sellers of Crypto on here...?
 

I can't see anyone being interested in offering such a service even at 25% on a stealth forum. :d I wouldn't even consider it at 40% over the current BTC rate.

I'd also be questioning what someone is up to if they are prepared to lose 25% of their money just to cash out. ;)

Re: Any sellers of Crypto on here...?
 

Its real tough to offer BTC for paypal... You'll have a huge amount of risk and you'll end up with a high balance PayPal which is always a problem.

Even if you were withdrawing the paypal, you would have a huge tax event and you would only be making 25% of the volume traded, if your paypal survives that long which it probably wont. Withdraw 10K to bank only to make 2.5K won't go well with a paypal account.

PayPal traders on localbitcoins never last that long probably on average a month or 2 before they get limited, you can see new faces on there all the time. And those guys are only accepting paypal payments from verified accounts by holding ID. They probably just get flat out limited for too much volume and probably not much fraud.

All it takes is a couple unhappy customers to dispute a charge and complain to paypal that you were using your account to sell Bitcoin and its perm limited

I can't see it ever working

Re: Any sellers of Crypto on here...?
 

I have about 20-30 active paypals that I could run an exchange with no problem. Used to use a single client from Indonesia who would convert 50-75k/month to BTC/ETH. Nice little passive income...

the trick is being "cool" with a bitcoin exchange company. Didn't take long for me to get booted from coinbase

Re: Any sellers of Crypto on here...?
 

Correct, finding the demand is the issue in most cases when operating a high volume operation

Re: Any sellers of Crypto on here...?
 

What you said is absolutely true.
Just a very few Exchangers will last long dealing with Paypal.
For myself I have been doing this for years now and I'm 100% sure, you will not find any single complaint about me so far. And I will not lie, saying that through this journey, I lost a lot of money (Chargebacks, Refunds proceeded by Paypal etc..) but I learned from my failures and I still have a high daily trade volume.
In few weeks, If I m approved, I will try to offer my service (its not an advert please - I m not asking people to contact me - please wait for my official thread to be approved here - I'm not here to break any rules of this highly respectable forum).

Cashing out your Earnings in BTC is very good and uncomplicated way. When you deal with Stealth account, don't forget that you have always two challenges.
1) Making money | Set up your Shop, Attracting customers, Sell and Ship/Provide the service = Earnings
2) Once you made money, get your Earnings out | And here many people underestimate this part. Of course there are many ways out, and its up to you to choose which one you are comfortable with.

And don't forget, whatever fees you'd have paid to exchange to BTC, BTC will rise up sooner or later and you will have those fees back ++ ;-)

Re: Any sellers of Crypto on here...?
 

This sounds exactly like an advert.....

Re: Any sellers of Crypto on here...?
 

Because it is.

Pushed down our throats so to speak.

Not kosher.

:amen:

Re: Any sellers of Crypto on here...?
 

Yea but maybe it can be done with trusted long time forum users...