Since PayPal is reversible, we don't support it currently. However, there's some... | Hacker News

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zhoutong on Sept 8, 2011 | parent | context | favorite | on: Show HN: Bitcoinica - Advanced Bitcoin Trading Pla...

Since PayPal is reversible, we don't support it currently.

However, there's something that comes into my attention: do fraudsters have any incentive to deposit money fraudulently on a trading platform? What if I limit the account's withdrawal feature for 30 days?

JoachimSchipper on Sept 8, 2011 [–]

Yes. See my earlier post; spiking up BTC prices is even more profitable if you can actually do it for free.

zhoutong on Sept 8, 2011 | [–]

Oh, I see. Now I realize that Bitcoin market is so much different compared to Forex market. You can easily find a Forex broker who supports PayPal.

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