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Flipping BITCOIN

Discussion in 'CryptoCurrency' started by Ignorant, Oct 1, 2016.

  1. Ignorant

    Ignorant Registered Member

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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?
     
  2. asap1

    asap1 BANNED BANNED

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    Sure go ahead. Get ya hustle on.
     
  3. Tozzy

    Tozzy Jr. VIP Jr. VIP

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    Try and get back with a report :)
     
  4. bleedsix

    bleedsix Registered Member

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    I would start with a lower sum, just to see how it goes :)
     
  5. fsaffsa

    fsaffsa Newbie

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    take paypal and transfer before sending the cash :) easy cash too.
     
  6. growsocialworld

    growsocialworld Junior Member

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    Yes you can do that, but always you will not get the increasing price.... do carefully, start with only few 100 bucks..
     
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  7. Predix

    Predix BANNED BANNED

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    Be careful there are lot of hidden fees, maybe your profit wont be like you expected.Wish you good luck
     
  8. patriciajohns

    patriciajohns Junior Member

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    Good thought. Another option is to look for buyers in localbitcoin. Watch out for the spam senses.
     
  9. Nyczonestar

    Nyczonestar Junior Member

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    hows it going?
     
  10. Noah Hawryshko

    Noah Hawryshko Senior Member

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    Can we get an update on this, OP?
     
  11. evadrable

    evadrable BANNED BANNED

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    hes busy flying around the world from his btc profits.
     
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  12. Oz0102

    Oz0102 Jr. VIP Jr. VIP

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    Lol
     
  13. Illusive672

    Illusive672 Newbie

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    Lol I think he did his first BitCoin street deal and now he has at the bottom of the lake sleeping with the fishes.
     
  14. theguysaccount

    theguysaccount Junior Member

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    Tons of hidden fees, where people can do this there are already people getting the minimal profit you can get.
     
  15. Aliguvvb

    Aliguvvb BANNED BANNED

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    Go ahead and try. If it works then tell us. We will also try.
     
  16. Sombrero

    Sombrero Supreme Member

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    Very well thanks and you sir?
     
  17. micalmaster

    micalmaster Newbie

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    A lot of fee no benefit at all.
     
  18. micalmaster

    micalmaster Newbie

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    For 100$ PayPal to Bitcoin,
    you will get almost 80$ bitcoin.
     
  19. The Pharmacist

    The Pharmacist Newbie

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    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.
     
  20. inventzit

    inventzit Newbie

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    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