Just went through this discussion and will leave just
ONE UNIQUE comment.
Quote:
Originally Posted by BigCJ
(Post 955347)
1)Emergencies happen.
2)There may be other opportunities that only BTC can buy.
3)People may be in the chexsystem and cannot get bank accounts.
4)Some people may be looking into doing BTC loans and need BTC to start up
5)Others may just want to be as anon as possible
These are the prices you pay for the freedoms of commerce.
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Well answered!
Quote:
Originally Posted by juke123321
(Post 955349)
probably easier to cash out for BTC too
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Also YES.
Quote:
Originally Posted by thepianoman
(Post 955355)
he's who I'm referring to. He wants 20% which is worth it but 13% more from ebay and I don't see how someone can profit unless they want this for other reasons besides ebay.
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First of All, Thanks for the irony :)
This statement is
absolutely false.
I don't have a fixed rate. and I could repeat it every single day.
While some very risky customer might pay fees like 25% or even more, other might pay 15% or even more less.
Many factors apply here like the Age of your Account, the country, the type of transactions, Amounts etc etc
An other important factor is the current market (how is the current demand on the market - I mean on the exchange market - what are the moves etc..).
And I always try to get the best rates for my customers.
Go on sites like Localbitcoins, paxful, I'm sure that my price will not be the highest and I'm sure that the Sellers will not take the time to understand you as I do. They will just give you a Price and tell you what to do, that's all. Just like a bar where you come in, pick up a drink, pay and leaves the place.
Here you receive a SERVICE: This has a value of course.
Quote:
Originally Posted by nickopedia
(Post 955392)
The MAIN reason you are going to take a 20% hit on the PP to crypto conversion is the high amount of RISK this type of deal entails.
There is nothing preventing you from doing a dispute/chargeback after the deal is done. PayPal is always reversable, crypto is not.
Add to this risk, and you have the endless number of scams out there. Crypto & scams go hand & hand.
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And Yes, I always take a risk when accepting your (referring to customers willing to exchange their funds for bitcoin) money. I don't always end up the day without being scammed. It's as Risk to consider.
I try to reduce this risk by not accepting everyone as customer.
Not because someone might offer me 50% take out, I would necessary accept. Unlike you think, I will not accept such customers.
It's not just about how much you pay.
That's why I never give my Email before being sure I can accept your money.
Quote:
Originally Posted by Ebayorbust
(Post 955403)
6. They are selling counterfeit goods with a huge mark up
7. They are scammers
8. A combination of 6 & 7.
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I'm sorry man, I just don't agree with this. Not every buyer is a Seller. They are also normal people like YOU and ME who just want to buy Bitcoin and make some profit out of it by trading on platforms like Bitfinex etc. And for privacy reason (Privacy is an universal right), they don't want to use such complicated services like Coinbase.
And not every Seller is a Scammer.
People used to exchange on sites like Paxful and LocalBitcoin, so does it mean they are all scammers or sellings counterfeit?
Guys why do you think that when you sell a product the margin should be low?? I always read that.
Do you know how much margin Apple is doing per iPhone? Do you know their production costs?
If you do a business where your margin is just 2%, then you are just doing something wrong and every business has costs.
A Shop in the street has different costs than an online shop. Anyway, we are not here in a marketing and Sales class :)
And finally to the OP
Quote:
Originally Posted by thepianoman
(Post 955327)
Hi guys.
I just wanted to get a take on why someone would want to cashout their stealth paypal accounts for ebay with bitcoin at a (15 - 30% loss currency conversion) when they can easily get a new bank to transfer the money to.
I seen the new service offered by a seller on here offering this and was wondering why it seemed popular.
I have about 30 bank numbers and literally can cancel several and re open with new numbers just for my ebay stealth accounts. Plus paypal never knows your bank name that is associated.
What are some reasons you guys are choosing this route?
Thanks.
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You claim having 30+ different bank accounts... How is it possible...? I should be more afraid of you.
And NOTE that while people want to get rid of their PAYPAL funds, other really need it for their legit business expenses!!!
For anything else, feel free to PM Me. As said at the beginning, I will just comment once on your thread.
Thanks for your time guys!
P.S: Where are my Bitcoins from? I'm seeing already some speculation going on about it. They are bought directly on
Trading platforms like Bitfinex or sometimes from
Mining. They are
100% clean.
However, you can still tumble my coins if you have some doubt but really not needed.
And as you have your reasons to manage 30+ bank accounts, other would choose to just exchange it against Cryptocurrencies and take advantage of these ecosystems. Thanks for accepting and respecting their choice.
