Oh look Paypal is now offering buying and selling Bitcoin

>Oh look Paypal is now offering buying and selling Bitcoin
>My friend told me so much about it I guess I'll try
>What the fuck they banned my account and keep my money. I guess Bitcoin really is a scam!

Why is this allowed?

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I'm guessing someone ran a script and took advantage of lag in their system. Or they violated some day trading law.

paypal are fucking cunts. i have heard numerous accounts of them freezing funds and accounts for no apparent reason and even locking peoples accounts

i dunno know but the guy literally use a description that said BITCOIN TRADE on his transactions

Nah he didn't. He did like ten trades in a week and his account got locked for suspicious behaviour

I hope he learnt his lesson. Decentralization is the future.

BTC

>leave PayPal account dormant for years
>suddenly do 10k value transactions repeatedly
>wtf they banned me??
Absolute state of redditors.

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Holy checked.

>discusses investments with his wife
He was ngmi anyway.

wat
what were they expecting? That being said, paypal’s not an exchange... why on earth would you opt to use something without any features?

He had 500 dollars on the account

someone needs to off these kikes

No shit, he also used it as a way of transferring his crypto profits to his bank because he's fucking retarded, which is why it got flagged to begin with. Having a dormant account suddenly move tens of thousands almost daily can be numerous things, including terrorist activity, and Paypal doesn't need that kind of bullshit.

>Bilal Jafar
Stopped right there. Pisslam is evil. Not reading anything written by a muslim. Nuke Mecca. I came here to learn about bitcoin not read propaganda for Pisslam.

Go back to Zig Forums you fucking piece of shit.

>I'm guessing someone ran a script and took advantage of lag in their system
100% this PayPal dont know what the fuck they are dealing with here. They would've done their normal testing without realizing who they are going to be dealing with

what do you expect of a redditor?

imagine sharing financial decisions with your wife.

>publeezh the bulleezh paypel zyptyo arteecle
>pomp it
>releaze the paypel fud
>domp ze price

Where do you think you are?

Zig Forums you stupid nigger

The thing is with Paypal you need to move 100-300$ every 2 weeks if you want to be safe
Never tell them that you are trading or dropshing, they don't like it. If you need to tell them something for whatever reason, tell them you are in consulting.

Imagine sharing anything with a woman

Didn't everyone, even those arsewipes on Leddit, say PayPal arena bunch of shady cunts?

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I bouught $2500 of eth on Paypal, sold at $3000. Rebought in ETH at $3000, sold at $3200. Will rebuy in again today or tomorrow.

Haven't had any issues yet but I regularly use my paypal account. I'm still below the $20k weekly limit and they don't have a weekly sell limit.

"PayPal says that due to initial demand from its customers, it's increasing its weekly cryptocurrency purchase limit from $10,000 per week to $20,000 per week."

I find it much easier to use than Coinbase Pro which constantly has had issues and Paypal won't impose any fees until January 1st.

You're gonna be fucked so bad friend

Paypal, it goes like this;
-never directly link your card, if you must block your card from internet transactions and unlock it temporarily if you want to buy something.
-never, ever, ever, and I mean ever leave funds on your account. Immediately withdraw all money from Paypal.

Paypal is the biggest scam of all time, they will rob you blind and not look back.

fuck that shit man, saw it posted on pol

yeah I just read..

"PayPal isn’t a crypto exchange, their service is meant for people to hold bitcoin with and then spend it at their merchants when they turn on that ability. They’re currently paying all the trading fees when you buy or sell because they’re actually buying the bitcoin for you on ItBit so if you go and trade constantly they lose a ton of money covering those fees since they’re not charging any fees right now.

Their service is supposed to be more like a Bitcoin bank account, not a trading account. Maybe they need to make this more clear, but it’s really a service for people who want to hodl bitcoin and then spend it at PayPal merchants. So it only makes sense that if you’re doing high amounts of trading in and out that they’d kick you out since they’re just losing money."

So basically it's only mean't to hold cryptocurrency as a bank...until you buy something with it. Not mean't to trade with. I will be taking my money off of Paypal and use an actual exchange that allows margin trading/leveraging.

>machine is operational
>I'll just reach in here
Dude what the fuck

Yup
I kinda saved your ass big time
Don't hesitate to leave me an eth tip if you feel like it
0xd67FCf53A26182AeA58689263EE1C1261bC57F95

it has to do with contracts. rn they are not allowed to provide a trading platform. they are not meant to be a trading platform yet.

Is there a story? Dude got rekt into oblivion.