Topic: Mr Coins -- Purchase Bitcoins with your Credit Card [Mt. Gox Codes] (Read 35559 times)

Offensive and uncalled for.


Fortunately we are not selling digital currency. We are selling Mt. Gox codes.

Kindly leave this thread for customers only.

Thanks,
Richard

Sigh. I don't think anything I could say or do will improve the quality of this forum or its loudest inhabitants.

From moderators who pathologically normalize abuse to users who insist on projecting their unwarranted and unwanted opinions onto a thread they have no connection with and no business being in, I have to say this is one of the worst administered forums I have ever used.

I have nothing more to say on the matter. I leave the thread to those who would claim it.

Customers may contact me as always at [email protected]

Updates will be posted on mrcoins.org in future.

Thank you.

Insulting mods is never going to make anything better. Provide actual evidence of legal discussion and then they may be more inclined to support your cause.

You could have fooled me. I've repeatedly asked you to remove him from my thread in private messages. It seems to me he can make any disingenuous, mean and ridiculous allegation he likes and have your full protection, but when anyone else tries to question him on this you delete their posts.

It is plain as day and everyone can see it: You are here to protect the trolls on bitcointalk.org. It's corrupt and ridiculous, but at least now it's public.

This thread is not about Matthew. If you want his opinion on that, go elsewhere. Now, to keep things relevant, I'm going to pretend that you asked the community as a whole:

Matthew,

I am curious about something.  You have spent some time and effort here giving Mr. Coins the benefit of your wisdom and warning him about the risks he is taking selling BTC using PayPal and credit cards but I do not see you doing the same for MemoryDealers.  Why do you help Mr. Coins but not MemoryDealers?

He is going to start selling Mt Gox coupons for PayPal and Credit Cards!  Well it is slightly different - he is going to sell Mt Gox USD coupons instead of Mt Gox BTC coupons:

http://www.memorydealers.com/1usdcrcoinmt.html

Don't you think you should jump all over Roger too?

why don't you use your other usernames mr real coin? why hide?

Thanks for your points.

I'm not a lawyer, but I believe in Australia the doctrine of Estoppel produces an automatic ammendment of contractual obligations based on the promisses and assurances of a party to the contract.

Here is a short article on the topic: http://en.wikipedia.org/wiki/Estoppel#Australian_law

But I am hoping not to take them to court or any such drawn-out nonsense. If I can talk to them and get a water-tight written statement of permission to conduct this business from them, then I think this will be adequate. If not, I will look at finding another payment processor.

Two things that I noticed in the user agreement:

1) Any agreement you have with them goes out the window the first time you get a chargeback. And yes, you will get chargebacks. Once you get a chargeback, the user agreement allows them to re-evaluate the risk assessment for you.

2) The standard catch-all clause that allows them to terminate their business with you at any time:

My point here is that no agreement you make with them will legally protect you. The only way around this is to get a lawyer and amend the user agreement, etc. appropriately, then somehow get them to agree, in writing, to this new agreement.

If I can get PayPal Australia to issue a written statement then they cannot simply 'overturn it.' As far as I am aware: Under the law of Agency it shouldn't matter which department or which employee's hand the statement comes from. If the agent acts as though they have the authority to make the statement, and sign it binding PayPal Australia, and the company is aware of the actions of its employee but does nothing to stop them, then the company is bound. I'll call the ACCC as well to make sure this is legally the case in Australia.

we may close your Account at any time, for any reason, including but not limited to a breach of this Agreement or the policies and documents this Agreement incorporates by reference.

Kudos for trying PayPal again.  The high-risk stuff is where all the fun is :-)  As you probably already know, I own CoinPal.  I just wanted to interject a couple extra data points to the discussion.  My business account was also several years old, in good standing and transacted business since it was created.  If PayPal considered those factors in their decision, they never mentioned it to me when freezing my account.

When requesting a written statement from PayPal, it might help to be sure you speak with the PayPal Compliance Department.  All other PayPal departments assured me that my business was acceptable.  However, the compliance department overturned all those earlier decisions with 5 minutes warning and a phone call.  Unfortunately, my earlier attempts to reach the compliance department failed and I naively assumed the rest of PayPal staff knew what they were doing.  I'd encourage you to persist until you reach Compliance.

Last point, PayPal removed no funds from my account.  They froze the account for 6 months prohibiting me from withdrawing.  Once the six months expired, they allowed me to withdraw all my funds.  The account is still restricted which prevents me from sending or withdrawing any additional funds.

Just to be clear, I wish you the best of luck in your venture.  I'm not trying to rain on your parade; just helping you know where to hold the umbrella :-)

I am very sorry.  This rumor may have started with my failure to read one of your posts as carefully as I should have.  You said:


And upon my quick reading of this statement I incorrectly read that you were involved with AccessCoin.com and/or it was one of your businesses.

I now see that you were using "our" as in the Bitcoin community.

Sorry about that.  I will get new reading glasses and be more careful in the future.

I lol'ed. Why do you think I'd ever try this failed business idea? I have never tried selling bitcoins through paypal or google checkout. That would be business suicide.

one of our very own, AccessCoin.com had worked very hard on keeping fraud to a minimum by using Facebook to confirm identities, and even he has been shutdown by Google Checkout and accounts frozen.