Flipping BITCOIN

Ignorant

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Flipping bitcoin. Say, I go on Circle.com, order bitcoin $500 worth and then I go to Paxful and resell it for more than the original price.

thoughts?
 
I would start with a lower sum, just to see how it goes :-)
 
take paypal and transfer before sending the cash :) easy cash too.
 
Be careful there are lot of hidden fees, maybe your profit wont be like you expected.Wish you good luck
 
Good thought. Another option is to look for buyers in localbitcoin. Watch out for the spam senses.
 
Lol I think he did his first BitCoin street deal and now he has at the bottom of the lake sleeping with the fishes.
 
Tons of hidden fees, where people can do this there are already people getting the minimal profit you can get.
 
Circle basically has no fees--you get bitcoin at market rates. Trying to arbitrage it on an exchange where it's selling for more is the trick. A number of exchanges have turned out to be scams and there's a lot of mistrust about the ones that still exist. Yobit, poloniex, and some of the other lesser known ones.
 
paxful looks so good but after successful trade the buyers are starting chargeback process if you accepting payments via paypal, its like managed fraud in paxful and paypal also not serious to solve this chargeback to sellers side. Anyone plz suggest have you got cheated in paxful with paypal payment option, and how to tackle this situation
 
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