Love it. We just need to get the word out there! Do we have a facebook page?
There's this:
- http://www.facebook.com/bitcoins
Topic: As if Paypal didn't already suck .... (Read 2460 times)
There's this:
- http://www.facebook.com/bitcoins
sr. member
Activity: 266
Merit: 250
The king and the pawn go in the same box @ endgame
I had posted this in another thread, but it applies here as well.
But we don't solve it by simply using something else (e.g., Dwolla). We fight PayPal by doing what we can to make Bitcoin's ecosystem work for us. If you have a prepaid mobile phone, then you pay for your wireless phone refills using one of the three services that accept bitcoins for that:
- Tangible Cryptography: https://bitcointalksearch.org/topic/closed-cellcoin-82924
-- Catalog: http://www.bitmit.net/en/user/TangibleCrypto
- BTCBuy.info - http://btcbuy.info/CallingCards.cshtml
- Bitcoin Wireless - http://signup.bitcoinwireless.com (Coming soon)
Or next time you fly in the U.S., you try to take Southwest so that you can pay for the ticket through Spend Bitcoins:
- https://www.spendbitcoins.com/convert/southwest-airlines/
Or you need some tools, or houseware's ...
- http://www.bitcoindeals.com
And you carry around a few physical bitcoins, so that you can show people bitcoin in a way that might help them associate this abstract concept of digital money to a physical item familiar to them.
- http://www.Casascius.com
And you remind every merchant that uses PayPal or other payment system that there's this Bitcoin thing that has advantages they might like, ... like non-reversible charges, low cost transaction fees and fast settlement allowing the funds to be spent in about an hour or less.
That's how the road toward fixing Bitcoin's Bug #1 is traveled.
This is just like Ubuntu's Bug #1:
Ubuntu Bug: Microsoft has a majority market share
- https://bugs.launchpad.net/ubuntu/+bug/1
Though Ubuntu never made much headway against fixing that bug, they did declare success after determining that the Mobile O/S essentially made Ubuntu Bug #1 a "Won't Fix" / "No longer a problem":
- http://www.muktware.com/news/3571/mark-shuttleworth-ubuntus-bug-1-fixed
So, Bitcoin's "Bug #1" would be:
"PayPal is still relevant"
Ubuntu Bug: Microsoft has a majority market share
- https://bugs.launchpad.net/ubuntu/+bug/1
Though Ubuntu never made much headway against fixing that bug, they did declare success after determining that the Mobile O/S essentially made Ubuntu Bug #1 a "Won't Fix" / "No longer a problem":
- http://www.muktware.com/news/3571/mark-shuttleworth-ubuntus-bug-1-fixed
So, Bitcoin's "Bug #1" would be:
"PayPal is still relevant"
But we don't solve it by simply using something else (e.g., Dwolla). We fight PayPal by doing what we can to make Bitcoin's ecosystem work for us. If you have a prepaid mobile phone, then you pay for your wireless phone refills using one of the three services that accept bitcoins for that:
- Tangible Cryptography: https://bitcointalksearch.org/topic/closed-cellcoin-82924
-- Catalog: http://www.bitmit.net/en/user/TangibleCrypto
- BTCBuy.info - http://btcbuy.info/CallingCards.cshtml
- Bitcoin Wireless - http://signup.bitcoinwireless.com (Coming soon)
Or next time you fly in the U.S., you try to take Southwest so that you can pay for the ticket through Spend Bitcoins:
- https://www.spendbitcoins.com/convert/southwest-airlines/
Or you need some tools, or houseware's ...
- http://www.bitcoindeals.com
And you carry around a few physical bitcoins, so that you can show people bitcoin in a way that might help them associate this abstract concept of digital money to a physical item familiar to them.
- http://www.Casascius.com
And you remind every merchant that uses PayPal or other payment system that there's this Bitcoin thing that has advantages they might like, ... like non-reversible charges, low cost transaction fees and fast settlement allowing the funds to be spent in about an hour or less.
That's how the road toward fixing Bitcoin's Bug #1 is traveled.
Love it. We just need to get the word out there! Do we have a facebook page?
paypal sucks. to many holes in the private policy and term of use, to many employers who violate theyr own terms
I'll celebrate the day when I can do the same. I tried dropping them in September and profits went to zero 
Instead of dropping them completely, have you tried offering a more competitive price for bitcoin purchases?
http://www.bitcoinmoney.com/post/23551708288/discount-for-cash
Maybe if customers see they have a financial advantage in using bitcoin, they'll at least be motivated to learn about it.
Yes, I do offer a 10% discount when using BTC. I'm not really sure if that's enticed anyone to switch over though. The Paypal buyers seem entrenched in their Paypal accounts and are reluctant to explore other options.
I understood that. "Them" in my phrase is PayPal.
I'll celebrate the day when I can do the same. I tried dropping them in September and profits went to zero
Instead of dropping them completely, have you tried offering a more competitive price for bitcoin purchases?
http://www.bitcoinmoney.com/post/23551708288/discount-for-cash
Maybe if customers see they have a financial advantage in using bitcoin, they'll at least be motivated to learn about it.
I think he meant dropping PayPal payments not bitcoins.
I'll celebrate the day when I can do the same. I tried dropping them in September and profits went to zero
Instead of dropping them completely, have you tried offering a more competitive price for bitcoin purchases?
http://www.bitcoinmoney.com/post/23551708288/discount-for-cash
Maybe if customers see they have a financial advantage in using bitcoin, they'll at least be motivated to learn about it.
Haven't posted in awhile but I've been PP free since my troubles with them last year.
Good luck DAT with them as you will need it.
Good luck DAT with them as you will need it.
I had posted this in another thread, but it applies here as well.
But we don't solve it by simply using something else (e.g., Dwolla). We fight PayPal by doing what we can to make Bitcoin's ecosystem work for us. If you have a prepaid mobile phone, then you pay for your wireless phone refills using one of the three services that accept bitcoins for that:
- Tangible Cryptography: https://bitcointalksearch.org/topic/closed-cellcoin-82924
-- Catalog: http://www.bitmit.net/en/user/TangibleCrypto
- BTCBuy.info - http://btcbuy.info/CallingCards.cshtml
- Bitcoin Wireless - http://signup.bitcoinwireless.com (Coming soon)
Or next time you fly in the U.S., you try to take Southwest so that you can pay for the ticket through Spend Bitcoins:
- https://www.spendbitcoins.com/convert/southwest-airlines/
Or you need some tools, or houseware's ...
- http://www.bitcoindeals.com
And you carry around a few physical bitcoins, so that you can show people bitcoin in a way that might help them associate this abstract concept of digital money to a physical item familiar to them.
- http://www.Casascius.com
And you remind every merchant that uses PayPal or other payment system that there's this Bitcoin thing that has advantages they might like, ... like non-reversible charges, low cost transaction fees and fast settlement allowing the funds to be spent in about an hour or less.
That's how the road toward fixing Bitcoin's Bug #1 is traveled.
This is just like Ubuntu's Bug #1:
Ubuntu Bug: Microsoft has a majority market share
- https://bugs.launchpad.net/ubuntu/+bug/1
Though Ubuntu never made much headway against fixing that bug, they did declare success after determining that the Mobile O/S essentially made Ubuntu Bug #1 a "Won't Fix" / "No longer a problem":
- http://www.muktware.com/news/3571/mark-shuttleworth-ubuntus-bug-1-fixed
So, Bitcoin's "Bug #1" would be:
"PayPal is still relevant"
Ubuntu Bug: Microsoft has a majority market share
- https://bugs.launchpad.net/ubuntu/+bug/1
Though Ubuntu never made much headway against fixing that bug, they did declare success after determining that the Mobile O/S essentially made Ubuntu Bug #1 a "Won't Fix" / "No longer a problem":
- http://www.muktware.com/news/3571/mark-shuttleworth-ubuntus-bug-1-fixed
So, Bitcoin's "Bug #1" would be:
"PayPal is still relevant"
But we don't solve it by simply using something else (e.g., Dwolla). We fight PayPal by doing what we can to make Bitcoin's ecosystem work for us. If you have a prepaid mobile phone, then you pay for your wireless phone refills using one of the three services that accept bitcoins for that:
- Tangible Cryptography: https://bitcointalksearch.org/topic/closed-cellcoin-82924
-- Catalog: http://www.bitmit.net/en/user/TangibleCrypto
- BTCBuy.info - http://btcbuy.info/CallingCards.cshtml
- Bitcoin Wireless - http://signup.bitcoinwireless.com (Coming soon)
Or next time you fly in the U.S., you try to take Southwest so that you can pay for the ticket through Spend Bitcoins:
- https://www.spendbitcoins.com/convert/southwest-airlines/
Or you need some tools, or houseware's ...
- http://www.bitcoindeals.com
And you carry around a few physical bitcoins, so that you can show people bitcoin in a way that might help them associate this abstract concept of digital money to a physical item familiar to them.
- http://www.Casascius.com
And you remind every merchant that uses PayPal or other payment system that there's this Bitcoin thing that has advantages they might like, ... like non-reversible charges, low cost transaction fees and fast settlement allowing the funds to be spent in about an hour or less.
That's how the road toward fixing Bitcoin's Bug #1 is traveled.
I'll celebrate the day when I can do the same. I tried dropping them in September and profits went to zero
In January this year they reported that they were getting 1 million new customers per month and that overseas revenues are now exceeding domestic revenues. With the kind of market penetration they now have in many countries (their operations are still very restricted in some), small merchants who don't accept PP as a payment method are at a disadvantage. The balance has tipped towards demand for PP being customer driven whereas in the past it was often merchant imposed.
The sheer amount of money they turn over requires that they act more like conventional aquirers/payment processors. When you're dealing with billions, being able to cut losses by even a fraction of a percent gives you a significant advantage over your competitors. PP mightn't quite be at the stage of using predictive analytics to profile its customers from their first transaction, but it's almost certainly running some sophisticated anti-fraud and AML algorithms to identify high risk accounts.
I'm doing my best to never use PP to accept payment.
I'll celebrate the day when I can do the same. I tried dropping them in September and profits went to zero
sr. member
Activity: 266
Merit: 250
The king and the pawn go in the same box @ endgame
just wonderful. Bastards.
Unfortunately, I figured this was just a matter of time. Remember the good ole days of personal accounts with 0 fees for PP <-> PP transfers?
I'm doing my best to never use PP to accept payment.
I'm doing my best to never use PP to accept payment.
I've been buying btc with paypal for a while, but today I got a phone call from a pypal rep asking about "suspicious behavior" in my account.
I guess they don't like you sending lots of cash gifts to random people either.
I guess they don't like you sending lots of cash gifts to random people either.
Nope, they don't.
Places like CreditBoards And FatWallet are always publicising "loopholes" and once they become well publicised financial service providers usually move quickly to close them. Lots of cash deposits into your account from different people or lots of payments out of your account to different people should be flagging their system for possible AML activity anyway, so you're likely to come under scrutiny one way or another.
I've been buying btc with paypal for a while, but today I got a phone call from a pypal rep asking about "suspicious behavior" in my account.
I guess they don't like you sending lots of cash gifts to random people either.
I guess they don't like you sending lots of cash gifts to random people either.
your account has been flagged and someone from paypal staff take a look at it and he or she determinate that you use your paypal account to receive payments for services or goods.
that means they lose money!! so be careful maybe next time they will block the account
that means they lose money!! so be careful maybe next time they will block the account
What's Paypal? I heard it was something like Bitcoin but with chargebacks, currency debasement, account holds, and 3% fees? Is that true?
http://www.youtube.com/watch?v=TbmJwpvlTIM <- someone should tell this guy about bitcoin.
maybe adding a video responce with the what is bitcoin video, might be a good idea too...
http://www.youtube.com/watch?v=Ld0MzGPuMl0 <- seems like bitcoin missed a few geeks
Ops!also see www.paypalsucks.com
What's Paypal? I heard it was something like Bitcoin but with chargebacks, currency debasement, account holds, and 3% fees? Is that true?
LOL touché 
What's Paypal? I heard it was something like Bitcoin but with chargebacks, currency debasement, account holds, and 3% fees? Is that true?
It's not really any different than not being allowed to use personal bank accounts or credit cards for business purposes - you might get away with it for a while but eventually the system is likely to flag your transactions and you're going to receive a "please explain" request if you're lucky or an account lockdown if you're not.
Presumably the OP is advertising his services online. If potential customers can find those ads, so can PayPal's compliance people.
Presumably the OP is advertising his services online. If potential customers can find those ads, so can PayPal's compliance people.
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