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Topic: PayPal Integrating Bitcoin soon. - page 3. (Read 11263 times)

legendary
Activity: 3766
Merit: 1217
September 04, 2014, 02:18:04 AM
How Paypal is going to implement charge-back on Bitcoin payments? Also, there will be no anonymity with Bitcoin payments in Paypal. So, I think even if Paypal integrates Bitcoin to its system, none of the current users are going to use them. May be they will gain some new users, who are finding it hard to purchase and trade in Bitcoin.
legendary
Activity: 1199
Merit: 1047
September 04, 2014, 02:17:42 AM
paypal is jst going to use it to charge the 10% fee they normally do on regular sales. its GG no RE and paypal/ebay is going to do something to fuck around on bitcoin. u watch, they will extract fees and be middle men once again and bitcoin will not overcome them because of this.
I don't think that paypal ever quite charges 10% on transactions. I do agree that they will likely try to profit from accepting bitcoin, probably by continuing to change some fee for accepting bitcoin as payment, only buying it from people at a discount and probably other things that put consumers at a disadvantage.

They could charge much less than what they charge now for fiat money, as transferring bitcoins is much cheaper and they can't be scammed when receiving a deposit, as transactions are irreversible.
newbie
Activity: 66
Merit: 0
September 04, 2014, 12:55:06 AM
I've never liked Paypal.
Looks like people will really keep their BTC on Paypal? I'm not giving then mine. No-no.
sr. member
Activity: 420
Merit: 250
September 04, 2014, 12:22:52 AM
paypal is jst going to use it to charge the 10% fee they normally do on regular sales. its GG no RE and paypal/ebay is going to do something to fuck around on bitcoin. u watch, they will extract fees and be middle men once again and bitcoin will not overcome them because of this.
I don't think that paypal ever quite charges 10% on transactions. I do agree that they will likely try to profit from accepting bitcoin, probably by continuing to change some fee for accepting bitcoin as payment, only buying it from people at a discount and probably other things that put consumers at a disadvantage.
legendary
Activity: 1199
Merit: 1047
September 02, 2014, 09:17:11 AM
Giving more options is always nice. If Bitcoins were sent from a Paypal account to another one, it would work like now, but with a new kind of money.
sr. member
Activity: 434
Merit: 250
🤖UBEX.COM 🤖
August 30, 2014, 10:46:47 PM
That's hard to believe that paypal is Integrating Bitcoin. They were suspending accounts of users involved in BTC. Even if they do they will still be able to chargeback from your credit card/Bank accounts.
newbie
Activity: 22
Merit: 0
August 30, 2014, 06:41:24 PM
bitcoin will integrated paypal
member
Activity: 92
Merit: 10
August 22, 2014, 10:59:51 AM
Its cool there will be more payment options available when buying things online..

Glad they accepted BTC
member
Activity: 69
Merit: 10
August 22, 2014, 10:45:47 AM
From the news I understood that bitcoin would have been adopted in these days but seems that maybe it will be implemented in the next months.
hero member
Activity: 700
Merit: 500
August 22, 2014, 10:43:51 AM
paypal is jst going to use it to charge the 10% fee they normally do on regular sales. its GG no RE and paypal/ebay is going to do something to fuck around on bitcoin. u watch, they will extract fees and be middle men once again and bitcoin will not overcome them because of this.
member
Activity: 83
Merit: 10
August 22, 2014, 10:31:24 AM
Never thought Paypal will ever one side with Bitcoin after their initial opposition..looks like times are changing

Good thing they did Smiley
legendary
Activity: 1061
Merit: 1001
August 22, 2014, 08:34:17 AM
so far only rumours about braintree, I know ebay ceo was very bullish on btc

look forward to some official statement and braintree integration
price should go way up on that alone, whether you plan to use or not
sr. member
Activity: 252
Merit: 251
Knowledge its everything
August 22, 2014, 08:09:31 AM
I think this good news for some people

But i don't care, i won't keep my BTC on paypal
and paypal have high fee  Sad

But, more service will accept BTC if paypal accept them  Grin
member
Activity: 61
Merit: 10
August 22, 2014, 07:28:37 AM
Paypal is trying to spread its business and recovering from too many unhappy customers. It was bound to happen.
newbie
Activity: 7
Merit: 0
August 22, 2014, 05:04:40 AM
hmmmmm i think legits Cheesy
make easy right?
member
Activity: 111
Merit: 10
August 22, 2014, 04:09:53 AM
Nice news. Its a one step forward for bitcoin popularity , and we can buy things with btc easily now.
hero member
Activity: 504
Merit: 500
sucker got hacked and screwed --Toad
August 22, 2014, 04:05:01 AM
meh

PayPal froze my account and admitted to doing so because my email was [email protected]. Pissed off.

I quit the PayPal, just sticking to bitcoin.

member
Activity: 77
Merit: 10
August 22, 2014, 03:44:43 AM
Looks like paypal finally decide to one side with bitcoins after previous opposition. They now know its a massive network Smiley
newbie
Activity: 28
Merit: 0
August 22, 2014, 12:10:32 AM
I think if paypal accepted bitcoin and integrated it properly then bitcoin will explode and it will be good for bitcoin future.But i'm not pretty sure they will accept it.
hero member
Activity: 588
Merit: 500
August 21, 2014, 07:34:27 PM
PayPal's a scamming company who always gives buyers what they want even if they're thieves, you're right. This has been documented many times all over the net. However, PayPal will receive the Bitcoin and if you withdrawal the Bitcoin, you'd then have a negative PayPal balance if PayPal robs you via the buyer thief's dispute. If you don't clear the negative balance, you can't make money through PayPal. Don't worry as PayPal will die off once legitimate companies dealing in Bitcoin become more prominent. Their 500 million dollar days are limited.
I agree. Using paypal with bitcoin (sending BTC to your PP account) is very risky as you would be subject to their oversight. Not only would you be giving up your control of your private keys, you would be potentially forced to "give back" some of your coins due to chargebacks.
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