[ANN] Instantly Withdraw MtGox to PayPal via BitInstant | LR, Paxum, Dwolla

teflone

hero member

Activity: 770

Merit: 500

You're fat, because you dont have any pics on FB

Quote from: StewartJ on January 22, 2012, 01:19:11 PM

Off Topic:

I find it fascinating and very telling that, Paypal, one of the most popular (but not well loved)
online transactions services continues to hassle and equivocate with any person or service that
wants to exchange bitcoins.

Is this because the problem with scammers and charge-backs are that bad ? Or is Paypal just being
a corporate bully?

Paypal is a horrible entity, and virtual currencies are banned under their TOS.

And yes, they are Bullies...

But sometimes.. . they are a necessary evil.

StewartJ

sr. member

Activity: 392

Merit: 250

Off Topic:

I find it fascinating and very telling that, Paypal, one of the most popular (but not well loved)
online transactions services continues to hassle and equivocate with any person or service that
wants to exchange bitcoins.

Is this because the problem with scammers and charge-backs are that bad ? Or is Paypal just being
a corporate bully?

portron

member

Activity: 106

Merit: 10

I had a reply from support on 12/28 that it should be back within 48 hours... using paypal was the main attraction (for me atleast) to use bitinstant...

Given that its now been 20 days or so, I'd assume that maybe they didn't skirt the paypal -> btc problem everybody else has...

EDIT: I wish you the best though in getting it back working!

Yankee (BitInstant)

legendary

Activity: 1078

Merit: 1000

Charlie 'Van Bitcoin' Shrem

Quote from: BillGalaxy on January 18, 2012, 02:49:05 PM

may i know when that will happen?

I'd say within a week or so.

Quote from: ?? on ??

Unless this is a trade secret, would you mind explaining how you
worked around paypal's general reluctance to deal with BTC ?

Trade Secret and my 10+ year long relationship with them (Which is holding less and less footing as the days go by)

BillGalaxy

newbie

Activity: 43

Merit: 0

may i know when that will happen?

Yankee (BitInstant)

legendary

Activity: 1078

Merit: 1000

Charlie 'Van Bitcoin' Shrem

Quote from: BillGalaxy on January 18, 2012, 12:03:56 PM

please dont charge any fee for LR to mtgox deposit. or charge 1% max $2.99 fee.

could you do that?

Once we start offering LR withdrawals, we will make LR deposits free

CyberPhunk

full member

Activity: 124

Merit: 100

Quote from: Yankee (BitInstant) on January 18, 2012, 11:37:13 AM

Quote from: CyberPhunk on January 18, 2012, 11:05:33 AM

Hmm, Paypal still not available yet?

Nope.

Any ETA on when it might be back?

BillGalaxy

newbie

Activity: 43

Merit: 0

please dont charge any fee for LR to mtgox deposit. or charge 1% max $2.99 fee.

could you do that?

Yankee (BitInstant)

legendary

Activity: 1078

Merit: 1000

Charlie 'Van Bitcoin' Shrem

Quote from: CyberPhunk on January 18, 2012, 11:05:33 AM

Hmm, Paypal still not available yet?

Nope.

CyberPhunk

full member

Activity: 124

Merit: 100

Hmm, Paypal still not available yet?

Yankee (BitInstant)

legendary

Activity: 1078

Merit: 1000

Charlie 'Van Bitcoin' Shrem

Quote from: Aggro on January 11, 2012, 09:31:50 AM

Quote from: Yankee (BitInstant) on January 10, 2012, 09:09:13 PM

Quote from: kujoking7 on January 10, 2012, 07:16:56 PM

Sorry but I don't see the option of payment as paypal available.

Were having some account issues, so Paypal is temporarily disabled. We will let you know when all clear

Thanka!

Yo Charlie

are you still on IM? need to discuss some business

Thanks!
Roberto

Hey Roberto,

Yes, Im always on skype- Im heading to bed soon as Im in Hong Kong at the moment.
My skype is cshrem90

Charlie

Aggro

donator

Activity: 296

Merit: 250

Quote from: Yankee (BitInstant) on January 10, 2012, 09:09:13 PM

Quote from: kujoking7 on January 10, 2012, 07:16:56 PM

Sorry but I don't see the option of payment as paypal available.

Were having some account issues, so Paypal is temporarily disabled. We will let you know when all clear

Thanka!

Yo Charlie

are you still on IM? need to discuss some business

Thanks!
Roberto

kujoking7

member

Activity: 84

Merit: 10

Okay thank you, the alert is much appreciated.

Yankee (BitInstant)

legendary

Activity: 1078

Merit: 1000

Charlie 'Van Bitcoin' Shrem

Quote from: kujoking7 on January 10, 2012, 07:16:56 PM

Sorry but I don't see the option of payment as paypal available.

Were having some account issues, so Paypal is temporarily disabled. We will let you know when all clear

Thanka!

kujoking7

member

Activity: 84

Merit: 10

Sorry but I don't see the option of payment as paypal available.

556j

sr. member

Activity: 252

Merit: 250

I've used this service (MTGox code > paypal) a few times now and "instant" is right. Literally seconds from entering the code to hitting my paypal account. This service is so helpful to me, thank you. The fees are really reasonable as well.

btc_artist

full member

Activity: 154

Merit: 102

Bitcoin!

Quote from: Yankee (BitInstant) on December 15, 2011, 11:13:02 AM

Quote from: Aggro on December 15, 2011, 08:39:01 AM

Quote from: btc_artist on December 14, 2011, 02:35:44 PM

I could use something like Dwolla/PayPal/MtGox Code to LibertyReserve.

Nice features though.

Hello!

You can exchange MtGox to LR through our service:

https://www.aurumxchange.com

WOW! 6% for MtGox--> LR ?

@btc_artist we could do this manually until we have it automated for almost half that. Shoot me a PM

Thanks, I'll keep that in mind.

Yankee (BitInstant)

legendary

Activity: 1078

Merit: 1000

Charlie 'Van Bitcoin' Shrem

Quote from: dancupid on December 15, 2011, 11:59:09 AM

Quote from: Yankee (BitInstant) on December 15, 2011, 10:51:13 AM

Quote from: dancupid on December 15, 2011, 09:07:18 AM

Does this effectively mean that we can now pay or send money to anyone in the world who has a paypal account without having a paypal account ourselves?
Presumably the information in the 'payment received' email would be something like 'you've recieved funds from Bitinstant'.
Do BitInstant have any plans in developing this so that there would be relevant information in the email received so that it could be associated with a particular payer (suppose I wanted to buy something from eBay using this - I would need to let the seller know that the payment really is from me even though it came via BitInstant).

Hey, you can essentially choose which paypal email address to send this to, so if you send it to someone with no paypal account, paypal will email them telling them they received money and they can 'claim the funds' by opening an account. I can also put notes in that email other then "Thank you for your order" Right now, you'll have to email me to do that, but if theres a demand for 'custom memo field' we can easily add it.

Quote from: dancupid on December 15, 2011, 09:07:18 AM

Edit - thinking about this further, you seem to have the potential to become a universal payment system for bitcoin users.

Thats the game plan!

PayPal (and eBay) allow the buyer to choose any delivery address (I often buy things for my mother on eBay) - presumably if you had a way of entering a delivery address on your site then most sellers wouldn't even care or notice the mechanism of payment delivery and would just delver to the address provided (though it would be an unverified address ).

Hey, I think were talking about 2 different things here.

Right now, you have the ability to send Paypal USD to yourself or anyone you choose. We don't pass along any delivery information.

dancupid

hero member

Activity: 955

Merit: 1002

Quote from: Yankee (BitInstant) on December 15, 2011, 10:51:13 AM

Quote from: dancupid on December 15, 2011, 09:07:18 AM

Does this effectively mean that we can now pay or send money to anyone in the world who has a paypal account without having a paypal account ourselves?
Presumably the information in the 'payment received' email would be something like 'you've recieved funds from Bitinstant'.
Do BitInstant have any plans in developing this so that there would be relevant information in the email received so that it could be associated with a particular payer (suppose I wanted to buy something from eBay using this - I would need to let the seller know that the payment really is from me even though it came via BitInstant).

Hey, you can essentially choose which paypal email address to send this to, so if you send it to someone with no paypal account, paypal will email them telling them they received money and they can 'claim the funds' by opening an account. I can also put notes in that email other then "Thank you for your order" Right now, you'll have to email me to do that, but if theres a demand for 'custom memo field' we can easily add it.

Quote from: dancupid on December 15, 2011, 09:07:18 AM

Edit - thinking about this further, you seem to have the potential to become a universal payment system for bitcoin users.

Thats the game plan!

PayPal (and eBay) allow the buyer to choose any delivery address (I often buy things for my mother on eBay) - presumably if you had a way of entering a delivery address on your site then most sellers wouldn't even care or notice the mechanism of payment delivery and would just delver to the address provided (though it would be an unverified address ).

Yankee (BitInstant)

legendary

Activity: 1078

Merit: 1000

Charlie 'Van Bitcoin' Shrem

Quote from: Aggro on December 15, 2011, 08:39:01 AM

Quote from: btc_artist on December 14, 2011, 02:35:44 PM

I could use something like Dwolla/PayPal/MtGox Code to LibertyReserve.

Nice features though.

Hello!

You can exchange MtGox to LR through our service:

https://www.aurumxchange.com

WOW! 6% for MtGox--> LR ?

@btc_artist we could do this manually until we have it automated for almost half that. Shoot me a PM

Topic: [ANN] Instantly Withdraw MtGox to PayPal via BitInstant | LR, Paxum, Dwolla (Read 3619 times)