Alertpay
EPIC FEES. $5 for a bank transfer?Paypal didn't charge a fee to deposit or withdraw
#bitcoin-otc 
Just registered, but I stand by my earlier comment 
Topic: CoinPal beta - Buying bitcoins with PayPal - page 7. (Read 170642 times)
Paypal didn't charge a fee to deposit or withdraw
#bitcoin-otc
For all the people who said that they can no longer get fiat money for BTC because they can only use paypal:
I'm currently advocating two services, alertpay and dwolla. Both of these are as easy to set up as paypal, differences follow.
Alertpay will eventually treat bitcoins like paypal does and shut you down. However they haven't reacted yet as far as I know. So this is a good stepping stone in the river of opposition. Also has saner international currency handling than paypal.
Dwolla will eventually treat bitcoins like paypal does and shut you down. However the community opinion is they will take much longer to do that. Dwolla also has lower fees. The downside is that it is American USD only, American bank accounts only.
I accept both of these now as payment, and at this stage it would be good for basically everyone to switch in order to avoid paypal.
We will re-evaluate once alertpay and dwolla attempt to bust bitcoins balls.
I'm currently advocating two services, alertpay and dwolla. Both of these are as easy to set up as paypal, differences follow.
Alertpay will eventually treat bitcoins like paypal does and shut you down. However they haven't reacted yet as far as I know. So this is a good stepping stone in the river of opposition. Also has saner international currency handling than paypal.
Dwolla will eventually treat bitcoins like paypal does and shut you down. However the community opinion is they will take much longer to do that. Dwolla also has lower fees. The downside is that it is American USD only, American bank accounts only.
I accept both of these now as payment, and at this stage it would be good for basically everyone to switch in order to avoid paypal.
We will re-evaluate once alertpay and dwolla attempt to bust bitcoins balls.
From the little I understand, I don't think mndrix's service can scale very well unless he can exchange in both directions.
Reloadable debit cards come to mind, though you have the problem of getting one into someone's hands.
Reloadable debit cards come to mind, though you have the problem of getting one into someone's hands.
So what you'd need is some kind of ATM access.
There's probably a local credit union somewhere with an online presence willing to allow online bill pay to a BitCoin to USD exchange site.
Also, there are purely online banks now. The cards they send work with ATMs. The rest is done online. Univest is one.
Green Dot cards are reloadable at 7-11s. Wonder if they have an API that BitCoin site could use to accept Green Dot-loaded funds.
Someone out there will appreciate the new business that BitCoin can bring them.
[EDIT: If organizations have difficulty with the concept of BitCoin as rival currency, perhaps you would find it easier to describe it as a digital commodity. When businesses like credit unions think of BitCoin as that can be bought and sold online, like groceries, the mental aversion is very likely to disappear.]
Be well,
- Satori
But... PayPal seems to tolerate other currencies and exchanges. See Virwox for example. What are the differences compared to CoinPal?
At VirWoX, you do not buy from us or sell to usI wouldn't pretend to know PayPal's motivations but it looks more like an otc exchange.
But... PayPal seems to tolerate other currencies and exchanges. See Virwox for example. What are the differences compared to CoinPal?
otc needs a web interface. irc isn't for everyone 
+1! I really wish this was possible. OTC could be a phenomenal market but they're cutting off a very large portion of internet users who do not know IRC well(90%+ of users).
From the little I understand, I don't think mndrix's service can scale very well unless he can exchange in both directions.
Reloadable debit cards come to mind, though you have the problem of getting one into someone's hands.
Yes, but that would partly be solved by accepting Ukash/PSC/Wallie/Creditcard, and giving out gift cards for various different stores plus potentially VCCs.Reloadable debit cards come to mind, though you have the problem of getting one into someone's hands.
I can't take a virtual card number to the grocery store.
Do you still give OTC-Ratings?
This really sux, this was my only way to sell bitcoins. I really hope you get coincard back up soon.
From the little I understand, I don't think mndrix's service can scale very well unless he can exchange in both directions.
Reloadable debit cards come to mind, though you have the problem of getting one into someone's hands.
Yes, but that would partly be solved by accepting Ukash/PSC/Wallie/Creditcard, and giving out gift cards for various different stores plus potentially VCCs. Reloadable debit cards come to mind, though you have the problem of getting one into someone's hands.
From the little I understand, I don't think mndrix's service can scale very well unless he can exchange in both directions.
Reloadable debit cards come to mind, though you have the problem of getting one into someone's hands.
Reloadable debit cards come to mind, though you have the problem of getting one into someone's hands.
Have you considered accepting Ukash/PaySafeCard/Wallie/other prepaid vouchers in exchange for bitcoins? These are anonymous already (in general) and at least in Europe you can easily buy them in physical stores, although I am not sure about the US.
@mndrix if you end up filing a lawsuit against Paypal I will be more than happy to toss a few thousands of BTC to support your case (or EUR should that be more useful).
otc needs a web interface. irc isn't for everyone
BitMarket.eu is going to become one in a week or so, we have already spoken about that.
EDIT: Some major changes are being done to the website, including incorporation of the otc-ratings.
How can Europeans get their BTC converted now that CoinCard is down? I'm expecting to have 100 BTC by the end of May.
I'd vote against AlertPay, though I will openly admit that this is because they cut off funds to a site I support for (what I consider to be) stupid reasons, and they didn't allow the site-owner to withdraw the funds in his account after they cut him off. So I'm possibly biased.
+1
otc needs a web interface. irc isn't for everyone
The effect of cutting Bitcoin exchangers off of Paypal:
1) Users will still trade Bitcoins for Dollars.
2) But now they will be individually paypalling those dollars to each other, instead of using a central service.
3) Seems to me that if you have a supercomputer, and you have access to Amazon's transactions, and you have access to the block chain, then this move makes it suddenly much easier to associate block chain transactions with paypal transactions.
4) Basically if this came from higher up, the purpose was to make the block chain traceable.
5) Anyone receiving dollars in Paypal has a verified identity, taxpayer ID, bank account, etc.
I think it's time for Bitcoin aficionados to consider anonymity layers...
This will make small BTC --> USD conversions extremely difficult. 
I need the money to pay off loans, not to buy things from retailers! Gift cards do me no good.
I need the money to pay off loans, not to buy things from retailers! Gift cards do me no good. Jump to: