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by clamprecht 4306 days ago
Using PayPal is a really bad way to sell bitcoins, because PayPal lets the buyer dispute the transaction, reversing payment. If you sell bitcoins via PayPal, you're taking a big counterparty risk (not to mention the 3rd party, PayPal itself).
2 comments
vivab0rg 4306 days ago
I'm from Argentina and have 30+ transactions and 100% positive feedback BUYING bitcoins with my PayPal funds on Localbitcoins. Never disputed any transaction and usually send +4% ~ +6% to help the seller with the PayPal fees (plus, I my rates al always better than Bitstamp's).

Edit: My Localbitcoins user is vivab0rg if you'd like to check.

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clamprecht 4305 days ago
I live in Buenos Aires (Palermo) and have bitcoins to sell for pesos. Please contact me if interested, and if you live in CABA.
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ewoodrich 4306 days ago
> PayPal lets the buyer dispute the transaction, reversing payment.

What would be the alternative? CC, ACH, and most other payment systems also have a mechanism for chargebacks.

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tracker1 4306 days ago
Small claims court.

Seriously, this is precisely the kind of thing common law and the court system is for. Just the same as your recourse with cash. As for international trade, buyer beware.

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