Help talk:FAQ

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Revision as of 06:13, 6 September 2014 by Asperous (talk | contribs)
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Remove SLL?

I want to suggest removing the "purchase Bitcoins via Paypal through virwox" suggestion from this page: faq#Can_I_buy_bitcoins_with_Paypal.3F

For the following reasons:

  1. .02 btc minimum purchase
  2. 24-48 hour btc withdraw hold for new accounts
  3. 5%+ fees for the two trades necessary
  4. Low volume / poor arbitrated markets (current buy/sell is ~547 / 535 with today's price being $513)
  5. Two trades needed means not easy to figure out buy/sell prices at a glance
  6. Arbitrarily limits on "fractions of USD" and SLL amounts means you will likely loose a dollar in their system (can't cash out completely).
  7. Not a good/straightforward experience for those new to Bitcoin

- Asperous (talk) 08:10, 27 August 2014 (UTC)