Bitcoin Business > Payment processing

Buying Bitcoins/Litecoins for Paypal/Credit Card

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bitcoinforum.com:

--- Quote from: lzsaver on December 28, 2011, 05:59:20 AM ---
--- Quote from: Jesus on December 28, 2011, 02:55:56 AM ---I don't understand why people don't sell bitcoins often for Paypal or via credit card?
--- End quote ---
Because PayPal transactions can be rolled back, but Bitcoin transactions can not.

--- End quote ---
Exactly. Same risk with credit cards.

dodoking:

--- Quote from: mushroomized on December 29, 2011, 01:03:51 AM ---Paypal doesn't like bitcoin, it doesn't really like any "virtual currencies" at all. :/

--- End quote ---

This is actually not true. It is simply because of charge backs.

Also Mr Coins does not actually sell Bitcoins. They only sell coupon codes for Mt.Gox.

"Mt. Gox (www.mtgox.com) codes (coupons) are the easiest way to instantly purchase bitcoin. Here at Mr Coins, we sell redeemable Mt. Gox codes via PayPal. "

Vinay Prashar:
Check this one >> newbielink:http://www.btcpedia.com/buy-litecoin-with-paypal-credit-card/ [nonactive]

ForTheQueen:

--- Quote from: lzsaver on December 28, 2011, 05:59:20 AM ---
--- Quote from: Jesus on December 28, 2011, 02:55:56 AM ---I don't understand why people don't sell bitcoins often for Paypal or via credit card?
--- End quote ---
Because PayPal transactions can be rolled back, but Bitcoin transactions can not.

--- End quote ---
How many days can be rolled back?

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