god bless paypal | Bitcointalksearch.org

Maidak

legendary

Activity: 1862

Merit: 1058

Next Generation Web3 Casino

Quote from: CoinsForTech on September 06, 2013, 01:00:53 AM

Quote from: Moogle on September 05, 2013, 04:05:11 PM

If there was ever a case to use Bitcoin I think this takes it!

http://www.arcticstartup.com/2013/09/05/paypal-freezes-mailpiles-crowdfunded-cash

Seems like it's every other day PayPal gets a bad write up. I hate them as a company and hope everyone else sees the light!

The only issues I've ever had with paypal was the tax forms and selling digital MMORPG goods..

monbux

legendary

Activity: 1736

Merit: 1029

Quote from: CoinsForTech on September 06, 2013, 01:00:53 AM

Quote from: Moogle on September 05, 2013, 04:05:11 PM

If there was ever a case to use Bitcoin I think this takes it!

http://www.arcticstartup.com/2013/09/05/paypal-freezes-mailpiles-crowdfunded-cash

Seems like it's every other day PayPal gets a bad write up. I hate them as a company and hope everyone else sees the light!

Paypal is paradise for buyers. For sellers? Not so much.

Subud!

full member

Activity: 196

Merit: 100

Paypal is only good for people in US, if you are not better use it for only small amount. I have a paypal before they asked me for passport and my bills still they freezed my account for 6 months.

balanghai

sr. member

Activity: 364

Merit: 253

soon enough more and more will use bitcoin because of the freedom issue than the service charge issue.

sublime5447

legendary

Activity: 966

Merit: 1000

Quote from: GIANNAT on September 10, 2013, 03:24:35 AM

Quote from: sublime5447 on September 09, 2013, 12:04:13 PM

They let you send money for free!

I'm missing something here

You really are one else does it, though google wallet is supposed to start.. IT IS 100 % FREE FOR ME TO SEND FUNDS

In lots of countries they have a gift option an it is totally free.

hermann1983

full member

Activity: 120

Merit: 100

Quote from: gadman2 on September 10, 2013, 03:01:00 AM

I don't understand the bad wrap against PayPal here. People simply don't understand that if you break their rules then you are at risk of losing your money. When you successfully create an account at PayPal without accepting their terms, then and only then do you have any right to bitch about PayPal for whatever reasons.

Something is wrong when they dont need court orders to be even able to chargeback transactions Tongue

Avoid PayPal like plague

jackjack

legendary

Activity: 1176

Merit: 1255

May Bitcoin be touched by his Noodly Appendage

Quote from: gadman2 on September 10, 2013, 03:01:00 AM

I don't understand the bad wrap against PayPal here. People simply don't understand that if you break their rules then you are at risk of losing your money. When you successfully create an account at PayPal without accepting their terms, then and only then do you have any right to bitch about PayPal for whatever reasons.

How is fundraising my project against PayPal terms?

GIANNAT

legendary

Activity: 1038

Merit: 1000

Bitcoin entrepreneur and Pro Trader

Quote from: sublime5447 on September 09, 2013, 12:04:13 PM

They let you send money for free!

I'm missing something here

gadman2

legendary

Activity: 977

Merit: 1000

I don't understand the bad wrap against PayPal here. People simply don't understand that if you break their rules then you are at risk of losing your money. When you successfully create an account at PayPal without accepting their terms, then and only then do you have any right to bitch about PayPal for whatever reasons.

sublime5447

legendary

Activity: 966

Merit: 1000

This was totally justified on Paypals part. This was about protecting their customers from fraud. Nothing else.

RodeoX

legendary

Activity: 3066

Merit: 1147

The revolution will be monetized!

Quote from: MiningMole on September 09, 2013, 11:45:30 AM

Earning interest on frozen funds seems to be part of their business model.
Avoid paypal, use bitcoin.

I think you are on to something here. The original business model PayPal was going to use had them making their money only on the float. Then came the fees and now apparently hostage taking.
Bitcoin for the win!

sublime5447

legendary

Activity: 966

Merit: 1000

Shit, dont hold 40k in your paypal...how hard is that? I use paypal like I use my blockchain wallet it is not for savings!!

They let you send money for free! I personally love paypal. I think that shit is kool.

MiningMole

newbie

Activity: 20

Merit: 0

Earning interest on frozen funds seems to be part of their business model.
Avoid paypal, use bitcoin.

b!z

legendary

Activity: 1582

Merit: 1010

Quote from: jackjack on September 09, 2013, 06:12:30 AM

Quote from: b!z on September 09, 2013, 06:06:32 AM

Quote from: jackjack on September 08, 2013, 05:14:13 PM

Quote from: solex on September 06, 2013, 11:04:09 PM

Quote from: Moogle on September 05, 2013, 04:05:11 PM

If there was ever a case to use Bitcoin I think this takes it!

http://www.arcticstartup.com/2013/09/05/paypal-freezes-mailpiles-crowdfunded-cash

They shot themselves in the other foot a few weeks back:

http://venturebeat.com/2013/08/22/paypal-freezes-35k-donation-to-fund-treatment-for-a-cancer-patient/

unfrozen now, but lots of bad press for such ignorant draconian behavior.

Quote

Last week PayPal blocked the account of GlassUp, a Google Glass competitor that was raising money on Indiegogo. GlassUp had raised $100,000 of a $150,000 goal and PayPal informed project founder Franceso Giartosio that he would only release “a tiny amount of the funds” until final delivery of the product — funds that Giartosio needed to deliver the products.
Read more at http://venturebeat.com/2013/08/22/paypal-freezes-35k-donation-to-fund-treatment-for-a-cancer-patient/#AbZpC2pKcdlj7uZj.99

Wow, I can't believe they would do that. It sounds like a greedy thing to do.

Same here

Raise money for a project
Paypal refuses to give you the money until final delivery of the product
wtf

maybe they are taking the money to pay for big withdrawals from other people :-)

jackjack

legendary

Activity: 1176

Merit: 1255

May Bitcoin be touched by his Noodly Appendage

Quote from: b!z on September 09, 2013, 06:06:32 AM

Quote from: jackjack on September 08, 2013, 05:14:13 PM

Quote from: solex on September 06, 2013, 11:04:09 PM

Quote from: Moogle on September 05, 2013, 04:05:11 PM

If there was ever a case to use Bitcoin I think this takes it!

http://www.arcticstartup.com/2013/09/05/paypal-freezes-mailpiles-crowdfunded-cash

They shot themselves in the other foot a few weeks back:

http://venturebeat.com/2013/08/22/paypal-freezes-35k-donation-to-fund-treatment-for-a-cancer-patient/

unfrozen now, but lots of bad press for such ignorant draconian behavior.

Quote

Last week PayPal blocked the account of GlassUp, a Google Glass competitor that was raising money on Indiegogo. GlassUp had raised $100,000 of a $150,000 goal and PayPal informed project founder Franceso Giartosio that he would only release “a tiny amount of the funds” until final delivery of the product — funds that Giartosio needed to deliver the products.
Read more at http://venturebeat.com/2013/08/22/paypal-freezes-35k-donation-to-fund-treatment-for-a-cancer-patient/#AbZpC2pKcdlj7uZj.99

Wow, I can't believe they would do that. It sounds like a greedy thing to do.

Same here

Raise money for a project
Paypal refuses to give you the money until final delivery of the product
wtf

b!z

legendary

Activity: 1582

Merit: 1010

Quote from: jackjack on September 08, 2013, 05:14:13 PM

Quote from: solex on September 06, 2013, 11:04:09 PM

Quote from: Moogle on September 05, 2013, 04:05:11 PM

If there was ever a case to use Bitcoin I think this takes it!

http://www.arcticstartup.com/2013/09/05/paypal-freezes-mailpiles-crowdfunded-cash

They shot themselves in the other foot a few weeks back:

http://venturebeat.com/2013/08/22/paypal-freezes-35k-donation-to-fund-treatment-for-a-cancer-patient/

unfrozen now, but lots of bad press for such ignorant draconian behavior.

Quote

Last week PayPal blocked the account of GlassUp, a Google Glass competitor that was raising money on Indiegogo. GlassUp had raised $100,000 of a $150,000 goal and PayPal informed project founder Franceso Giartosio that he would only release “a tiny amount of the funds” until final delivery of the product — funds that Giartosio needed to deliver the products.
Read more at http://venturebeat.com/2013/08/22/paypal-freezes-35k-donation-to-fund-treatment-for-a-cancer-patient/#AbZpC2pKcdlj7uZj.99

Wow, I can't believe they would do that. It sounds like a greedy thing to do.

sampathneo

full member

Activity: 173

Merit: 100

Quote from: elor70 on September 08, 2013, 04:17:21 PM

I hate paypal

paypal sucks

jackjack

legendary

Activity: 1176

Merit: 1255

May Bitcoin be touched by his Noodly Appendage

Quote from: solex on September 06, 2013, 11:04:09 PM

Quote from: Moogle on September 05, 2013, 04:05:11 PM

If there was ever a case to use Bitcoin I think this takes it!

http://www.arcticstartup.com/2013/09/05/paypal-freezes-mailpiles-crowdfunded-cash

They shot themselves in the other foot a few weeks back:

http://venturebeat.com/2013/08/22/paypal-freezes-35k-donation-to-fund-treatment-for-a-cancer-patient/

unfrozen now, but lots of bad press for such ignorant draconian behavior.

Quote

Last week PayPal blocked the account of GlassUp, a Google Glass competitor that was raising money on Indiegogo. GlassUp had raised $100,000 of a $150,000 goal and PayPal informed project founder Franceso Giartosio that he would only release “a tiny amount of the funds” until final delivery of the product — funds that Giartosio needed to deliver the products.
Read more at http://venturebeat.com/2013/08/22/paypal-freezes-35k-donation-to-fund-treatment-for-a-cancer-patient/#AbZpC2pKcdlj7uZj.99

jackjack

legendary

Activity: 1176

Merit: 1255

May Bitcoin be touched by his Noodly Appendage

Quote from: Moogle on September 06, 2013, 07:27:14 PM

Quote from: b!z on September 06, 2013, 10:52:23 AM

Quote from: sealberrder on September 06, 2013, 10:36:22 AM

Quote from: b!z on September 06, 2013, 05:39:46 AM

How else do you think paypal is such a big & rich company?

Because of big success of their service. But what goes up must go down one time

read the story where paypal store 700k from mojang :-)

For those too lazy to Google ;-P
http://www.escapistmagazine.com/news/view/103385-PayPal-Freezes-750K-in-MineCraft-Devs-Account

Quote

Hopefully he'll have better luck than Something Awful did during its 2005 run-in with PayPal: After raising over $30,000 in nine hours to aid Red Cross efforts following Hurricane Katrina, SA's PayPal account was frozen for suspicious activity, ultimately resulting in all donated funds, minus service fees, being returned to donators.
Read more at http://www.escapistmagazine.com/news/view/103385-PayPal-Freezes-750K-in-MineCraft-Devs-Account#9L8kYQlz93pUbg4F.99

elor70

member

Activity: 84

Merit: 10

I hate paypal

Topic: god bless paypal (Read 2022 times)