Post
Topic
Board Obsolete (buying)
Re: Selling 200 BTC, buying USD via Paypal, wire, or cash (in NYC)
by
BitPorium
on 06/06/2011, 06:17:31 UTC
OK, I have no more Bitcoin to sell. I have the cash I needed in paypal, and it has been interesting.

Summary: 4 buyers, I have sent Bitcoin to all, 3 have sent the money to me, one has not.

Since the buyer who did not send me the money said he was having some problems with Paypal, I am willing to believe that this was a technical problem and I hope he will send me the money today.

If not, what can I say. I think the Bitcoin economy may take off and have a huge impact. We are pioneers and we are making history here, but we should be honest with each others. Scams may take Bitcoin down, void its potential, and crash the value of our reserves to zero.

So you gave him the bitcoin before he paid you? isn't that a big no-no
Trust has to start somewhere, And in my experience, the person who is trustworthy will usually be trusting and go first. PayPal has such a bad rap, I hope Bitcoins explode in popularity. And I can tell you from first hand experience, Many people are trusting, My site has gotten over 6000 hits in the last 2 days and people have drained my paypal reserve, Not one person asked me for any information about me at all. Just look around the forum, I have 1 positive feedback and have only been here a little while. But people had no problem sending me bitcoins at all. That kinda worries me, ALOT. I could just as easily been a scamer with a website, I hope some kind of website rating system comes up! and Bitcoin-OTC is to complicated, we need to find something better!