Quote from: o_e_l_e_o on Today at 09:21:27 AM

Quote from: larry_vw_1955 on Today at 03:29:24 AM

I get how you are against using paypal to buy crypto but it's safer to do that than to buy crypto from a 3rd party USING paypal as the payment method, don't you think?

I don't trust PayPal in the slightest, so I would never suggest either buying from PayPal nor using PayPal to buy from a third party.

Somehow I expected you would go with the "neither" option Grin

which I won't argue against your stance as your alternative below does make sense.

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The best way to trade bitcoin is via a good decentralized exchange which has a built in trustless escrow such as Bisq, using a fiat method which is not easy for one party to reverse.

thanks for pointing out that service. never heard of it before but i think the problem with services like this (DEXs) is they typically have low volume which means if you want to buy any significant amount of btc ( or sell), you're going to get price slippage.

as an example lets look at Bisq's order book:

Code:

Sell Offers
Price Amount (BTC) Amount (USD)
$16,828.39 0.085 BTC $1,430.41
$17,493.12 0.05 BTC $874.66
$17,499.85 0.0044 BTC $77.00
$17,501.53 0.02 BTC $350.03
$17,501.53 0.0512 BTC $896.08
$17,526.77 0.01 BTC $175.27
$17,533.50 0.0113 BTC $198.13
$17,582.31 0.03 BTC $527.47
$17,585.67 0.024 BTC $422.06
$17,669.81 0.0124 BTC $219.11
$17,737.13 0.0089 BTC $157.86
$17,796.03 0.112 BTC $1,993.15
$17,796.03 0.112 BTC $1,993.15
$17,836.41 0.02 BTC $356.73
$17,838.10 0.025 BTC $445.95
$18,342.95 0.10 BTC $1,834.29
$18,443.92 0.0091 BTC $167.84
$18,679.52 0.10 BTC $1,867.95
$18,847.80 0.015 BTC $282.72
$19,352.65 0.01 BTC $193.53
$20,177.24 0.01 BTC $201.77
$21,018.66 0.01 BTC $210.19
$21,876.91 0.01 BTC $218.77
$21,876.91 0.0025 BTC $54.69
$21,876.91 0.02 BTC $437.54
$21,876.91 0.005 BTC $109.38
$23,600.00 0.12 BTC $2,832.00
$24,300.00 0.10 BTC $2,430.00
$27,700.00 0.02 BTC $554.00

coinmarketcap says the current bitcoin price is around $16,827 but even if you only wanted to buy $3000 or so worth of bitcoin, your average price in that case is going to sit around $17,500. someone is making a profit and it's not YOU. Shocked

yes you can place buy limit orders the problem with that is no guarantee they will get filled and you put yourself at risk of the market moving against you and then your order is out there like a sitting duck.

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I'm not going to argue about it here since it is off topic, but you can do a web search for "paypal misinformation" or similar and see that everyone from lawyers to senators to the former president of PayPal agree with what is being said in that thread about this pro-censorship policy.

ok.