Silk Road forums
Discussion => Newbie discussion => Topic started by: Starzlove on April 11, 2013, 04:13 am
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New here and looking to buy some stuff. Did all the Coin registration and can't buy coins because they ask to come back tomorrow and I just think Paypal would be a much freakin easier way to go. I'm just pissed right now
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Seriously? You realize this is an illegal black market, right?
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Paypal is a terrible service, please never use them for anything! They are not a bank, and so is not regulated like one (read no FDIC backing). Instead they are regulated as a 'money transmitter' and so you have much less protection as a customer. Paypal has many instances of seizing funds and accounts outright, just look at what happened to the wikileak donations. Also they have a long history of rolling over to the feds and are not to be trusted. Plus a 3.5% fee per transaction is fucking terrible. Just avoid using paypal all together.
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New here and looking to buy some stuff. Did all the Coin registration and can't buy coins because they ask to come back tomorrow and I just think Paypal would be a much freakin easier way to go. I'm just pissed right now
Where are you buying your BTC? Are you located in the US? I can't think of any US based services that would ask you to come back tomorrow...
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The easiest way is rarely the best way.
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The easiest way is rarely the best way.
So true. You don't mind if I steal that for my sig do you? 8)
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And that's exactly how everyone (mostly) that used The Farmer's Market got caught.
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And that's exactly how everyone (mostly) that used The Farmer's Market got caught.
Exactly, and on Ebay wayyyy back in the day. Paypal is not to be trusted under any circumstances. The US govt lets them get away with much more than they should, so its likely they have an arrangement worked out.
Plus paypal chargebacks SUCK!
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paypal is borderline, if not completely evil. they have identification requirements for registration, which would be necessary for at least the vendor for them to be able to accept payments. they are suspicious of various types of activity and thus turn over lots of info to the feds. they are bastards about chargebacks, holding the payee responsible when a chargeback has been requested by the credit card cos. (they did this to me when i sold a tuba on ebay. a few months later, paypal says i owe $600 because the CC co. suspected a fraudulent card was used.) and on top of all that, they seem to be easily hacked, judgeing by the number of stolen paypal accounts available on the black market.
so if your only problem is that you had a hard time buying BTC, then you should shop around a little more. BTC is not difficult at all to buy. if you have cash, try using a service like bitinstant, where you place an order, and go to an agent in person with your cash. an hour later you have BTC's in your wallet or your account or wherever you asked them to be sent when you placed your order. or you could register for an account at a currency exchange like mt. gox. you can fund your account from your bank and then buy BTC's on the open market, which is kind of cool i guess.
anyway, paypal is not good.
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Four simple words for you: Google Bitinstant - Fuck Paypal
:::: Posted simply in the interest of bumping my post count for the silliest posting policy in the entire Interwebs. ::::
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Four simple words for you: Google Bitinstant - Fuck Paypal
Love how bitinstant can do in 4 minutes what it takes my regular bank 2 days to complete. Some of the 'real' banks can take a lesson from the BTC network about turn around times.
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Four simple words for you: Google Bitinstant - Fuck Paypal
Love how bitinstant can do in 4 minutes what it takes my regular bank 2 days to complete. Some of the 'real' banks can take a lesson from the BTC network about turn around times.
Thank you!! I just love when I go deposit a check and it's like 3 fucking days later it's finally there...geeezzz. Anyway....yeah fuck paypal, they fucked up my bank account THREE times causing me to overdraft when I accidentally ordered something! (Note to everyone: never never never evveerrr order ANYTHING from paypal after you've taken an ambien.)
This whole thread is bringing back bad wounds that I need to go lick now.
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LoL I do know this is BM. I just thought it would be easier to have immediate access to bitcoins especially due to the fluctuation of value. I know Paypal would be a no go option but I was venting when I posted. Did the whole BTC transfer thing and all worked ok. Just time consuming.
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And I agree that the easiest way is not the best way. I just use my PP account very rarely. Was thinking of eventually getting rid of it, but I need it for my Ebay.
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AND WE SHOULD SHARE OUR FACEBOOK PROFILE SO WE CAN CHAT ABOUT DRUGS FASTER AND WITH MARK ZUCKERBERG