How Not to Sell Bitcoin on eBay for 300% Profit

Post by mangotree » Sun, Aug 25, 2013, 6:16 AM UTC

Post by smsm42 » Sun, Aug 25, 2013, 6:17 AM UTC

tadfisher wrote: post #12

smsm42 wrote: post #6

Earlier quoted context omitted.

I'd guess that's PayPal that lacks protection, since they are the ones making the decision. Probably because their arbitrators are ignorant in what Bitcoin is and how it works. I don't even blame them - they can't know everything, but one must know there's a risk PayPal would rule against you if you sell something that you can't prove is delivered to their satisfaction.

This is part of the form letter that PayPal sends when you are caught selling BTC after the fact: "We have reviewed your PayPal account and found that you are operating as an e-currency dealer/exchanger including the sale of electronic media of exchange (such as electronic money or digital currency). Per our current Acceptable Use Policy for Money Service Businesses, PayPal may not be used to operate a currency excha…

Post by [deleted] » Sun, Aug 25, 2013, 6:23 AM UTC

Post by MoreConsiderate » Sun, Aug 25, 2013, 6:28 AM UTC

josephagoss wrote: post #18

consonants wrote: post #15

My favorite part is his earnest naivety in somehow thinking he wasn't the mark and in believing that Paypal would ever side on his behalf. This just further confirms my suspicions that you have to be retarded to get involved with bitcoin. No group of people is so easily and quickly persuaded into losing their money, and so readily eager to repeat said behavior over and over again, than bitcoiners.

Thanks for generalizing us. I never realized I was retarded.

Post by pbreit » Sun, Aug 25, 2013, 6:29 AM UTC