Post
Topic
Board Currency exchange
Re: LOOKING TO BUY BTC FROM A TRUSTED MEMBER VIA PAYPAL
by
TampaBayBucs
on 09/01/2017, 13:43:20 UTC
No escrow will accept this trade for all the reasons listed here. It just means the escrow would lose money as well as the btc seller. Unless you're willing to wait a year for the funds to be released (as there is a time limit on payment reversals). Nobody reputable is going to take the trade, as many people have been scammed by this in the past.

To be quite frank there is actually no need if I find the seller to be reputable enough. Escrow is just more hoops to jump thru for this simple transaction & tbh I'm so sick of reading the word scam. What has this world come to where everyone wanting to buy something online via paypal is auto labled a scam artist?? It's ridiculous.

Why are you so insistent on PayPal then? It obviously gives you protection but whoever you buy off has zero defence if you reverse the payment. You're the one being unreasonable if you cannot see this. Nobody is labelling PayPal users scammers - just PayPal users who want to buy bitcoin. You're "new" here but you'll soon learn that nobody takes these trades for a reason.

PayPal is the #1 payment processor. Sure there are scammers, but there are legit people. Get off your high horse my friend. People want to move from PayPal to bitcoin but when they get charged 50% after showing their ID on LocalBitcoins or when they get harassed here, they have no choice but to continue using PayPal.

Indeed,you took the words right outta my mouth. Some people will never realize that LocalBitcoins is anything but an ideal site to Purchase btc... & the other sites that sell would more less like for you to provide a DNA & urine sample just to get a verified account. Which is why Paypal is my preferred method, not because it gives me some unfair advantage over the seller smh