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

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.

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

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.

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

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! :shhh::s

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

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

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

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.
:peace:

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

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.

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

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

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

yes, please

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

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.

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

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

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

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?

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

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.