eBay Suspended & PayPal Limited Forums - Paypal

The Block Chain is changing the world. GO freaking figure some computer nerd pissed off at central bankers coming up with this stuff. Unbelievable the global phenomenon Cyrpto Currencies have become.

danshan

08-29-2014 08:49 AM

Re: Paypal - Purchasing Bitcoins?

What I love is the no issues. No chargebacks not a ton of questions, no limits and ship whatever you buy or sell anywhere. What I hate is it is not cash still needs to be converted to get cash. For trusted sources the best think ever for non trusted sources not even an option. Too extreme

rsot	08-29-2014 01:48 PM

Re: Paypal - Purchasing Bitcoins?

Quote:

Originally Posted by vogeltron (Post 583313)

The Block Chain is changing the world. GO freaking figure some computer nerd pissed off at central bankers coming up with this stuff. Unbelievable the global phenomenon Cyrpto Currencies have become.

Scary some forumites vogeltron...

vogeltron

08-30-2014 02:03 AM

Re: Paypal - Purchasing Bitcoins?

Quote:

Originally Posted by danshan (Post 583359)

Its the extreme volatility that can be troubling. As the network grows I would imagine that it will become less volatile.

danshan

08-30-2014 08:56 AM

Re: Paypal - Purchasing Bitcoins?

Quote:

Originally Posted by vogeltron (Post 583540)

Its the extreme volatility that can be troubling. As the network grows I would imagine that it will become less volatile.

If you invest in them yes can be an issue but not when use them as a payment method. I use coinbase and as soon as I have its converted to fiat at the current rate.

rsot	08-31-2014 08:17 AM

Re: Paypal - Purchasing Bitcoins?

Bitcoin Rate

http://www.coindesk.com/price/

vogeltron

09-03-2014 03:35 AM

Re: Paypal - Purchasing Bitcoins?

Quote:

Originally Posted by danshan (Post 583630)

If you invest in them yes can be an issue but not when use them as a payment method. I use coinbase and as soon as I have its converted to fiat at the current rate.

In my personal opinion, I don't know if Bitcoin will be the the one who outlasts the rest. However, the Block Chain and Cyrpto is already starting to change the world. Unreal.

rsot	09-03-2014 04:15 AM

Re: Paypal - Purchasing Bitcoins?

Haven't heard a ton about Crypto...

sax4	09-03-2014 04:23 AM

Re: Paypal - Purchasing Bitcoins?

Used to buy BTC with PP, ends up being expensive. Better ways to cash out

rsot	09-03-2014 04:55 AM

Re: Paypal - Purchasing Bitcoins?

Quote:

Originally Posted by sax4 (Post 584807)

Used to buy BTC with PP, ends up being expensive. Better ways to cash out

Wonder if the mining of BTC market is still good

danshan

09-03-2014 07:52 AM

Re: Paypal - Purchasing Bitcoins?

Quote:

Originally Posted by sax4 (Post 584807)

Used to buy BTC with PP, ends up being expensive. Better ways to cash out

Like how? For these international guys with no access to us accts

JamesNorth101

09-03-2014 07:55 AM

Re: Paypal - Purchasing Bitcoins?

Quote:

Originally Posted by rsot (Post 584829)

Wonder if the mining of BTC market is still good

Not as good as it was a few years back.

Need dedicated equipment now. Used to be able to do it with just laptop.

danshan

09-03-2014 07:57 AM

Re: Paypal - Purchasing Bitcoins?

The mining game is over even for alt currency. The electricity being used today for mining is unreal. Mining made sense when btc had speculative value.

sax4	09-03-2014 09:20 AM

Re: Paypal - Purchasing Bitcoins?

Quote:

Originally Posted by danshan (Post 584877)

The mining game is over even for alt currency. The electricity being used today for mining is unreal. Mining made sense when btc had speculative value.

I thought about doing it in my country where the electricity is dirt cheap, my bill is usually around $3-4 a month

danshan

09-03-2014 09:23 AM

Re: Paypal - Purchasing Bitcoins?

https://alloscomp.com/bitcoin/calculator

rsot	09-03-2014 09:44 AM

Re: Paypal - Purchasing Bitcoins?

Quote:

Originally Posted by danshan (Post 584877)

The mining game is over even for alt currency. The electricity being used today for mining is unreal. Mining made sense when btc had speculative value.

But 1 BTC is worth quite a chunk of USD these days...or is it because the mining option is exhausted?

danshan

09-03-2014 09:47 AM

Re: Paypal - Purchasing Bitcoins?

The mining difficulty is so high in order to make any btc you need to be burning a couple thousand watts to make any btc

vogeltron

09-04-2014 02:35 AM

Re: Paypal - Purchasing Bitcoins?

Quote:

Originally Posted by danshan (Post 584906)

The mining difficulty is so high in order to make any btc you need to be burning a couple thousand watts to make any btc

Absolutely you have a to have super computer mining rig and cheap energy. If you are Iceland where they have more geothermal energy than they can even use. Bitcoin mining might be attractive. At the current prices lots of people have invested heavy in mining computer rigs. I think they are lucky to be breaking even right now.

danshan

09-04-2014 02:38 AM

Re: Paypal - Purchasing Bitcoins?

Cex.io is a decnt option but you have to be careful because the trade value can drop faster than you can mine.

RetroRedneck

09-04-2014 03:21 AM

Re: Paypal - Purchasing Bitcoins?

Somebody (on another forum) mentioned buying BTCs off eBay itself, so may look into this. Granted, you'll pay over the odds, but we're talking about utilizing stealth PP and getting coins quickly.

rsot	09-04-2014 04:15 AM

Re: Paypal - Purchasing Bitcoins?

Quote:

Originally Posted by RetroRedneck (Post 585204)

Somebody (on another forum) mentioned buying BTCs off eBay itself, so may look into this. Granted, you'll pay over the odds, but we're talking about utilizing stealth PP and getting coins quickly.

One way possible to cash out PP then

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