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Topic: PayPal Integrating Bitcoin soon. - page 5. (Read 11258 times)

sr. member
Activity: 252
Merit: 250
July 13, 2014, 02:17:06 PM
With all the accounts that get locked for 180days and the insane refunds that happen in the buyers favor. I can not see using paypal with bitcoin being one that will benefit sellers. Many years ago I had a terrible experience with paypal/ebay where I lost over $1k. I have not used them since.
legendary
Activity: 1092
Merit: 1000
nahtnam.com
July 13, 2014, 01:06:41 PM
Why would we need Paypal to use Bitcoin as a funding instrument? Isn't one of the greatest things with Bitcoin that I can just send money to other wallets without having to go through an intermediary??

Yeah, but paypal is probably going to act like escrow and they also might have an api similar to bitpay.
If paypal acts as an escrow service like they do now then it will probably be full of scammers the same way that paypal is full of scammers now

What do you mean by "full of scammers"? If paypal is an escrow service, they will release the funds to whoever has more proof.
sr. member
Activity: 448
Merit: 250
It's Money 2.0| It’s gold for nerds | It's Bitcoin
July 13, 2014, 12:58:21 PM
Why would we need Paypal to use Bitcoin as a funding instrument? Isn't one of the greatest things with Bitcoin that I can just send money to other wallets without having to go through an intermediary??

Yeah, but paypal is probably going to act like escrow and they also might have an api similar to bitpay.
If paypal acts as an escrow service like they do now then it will probably be full of scammers the same way that paypal is full of scammers now
legendary
Activity: 1148
Merit: 1014
In Satoshi I Trust
July 13, 2014, 12:55:36 PM
Why would we need Paypal to use Bitcoin as a funding instrument? Isn't one of the greatest things with Bitcoin that I can just send money to other wallets without having to go through an intermediary??


thats true but for the average joe and bitcoin itself would it be a huge step. personally i would never sent any BTC to the paypal suckers  Tongue
legendary
Activity: 1092
Merit: 1000
nahtnam.com
July 13, 2014, 12:54:06 PM
Why would we need Paypal to use Bitcoin as a funding instrument? Isn't one of the greatest things with Bitcoin that I can just send money to other wallets without having to go through an intermediary??

Yeah, but paypal is probably going to act like escrow and they also might have an api similar to bitpay.
newbie
Activity: 37
Merit: 0
July 13, 2014, 12:47:18 PM
Why would we need Paypal to use Bitcoin as a funding instrument? Isn't one of the greatest things with Bitcoin that I can just send money to other wallets without having to go through an intermediary??
newbie
Activity: 56
Merit: 0
July 10, 2014, 06:33:30 AM
I guess it was a kind of statement, which means "we know what BTC is and following the situation". I would not expect real changes soon.
sr. member
Activity: 364
Merit: 250
July 05, 2014, 08:26:25 PM
I'm very interested in seeing how this plays out.  This could be a real game changer for bitcoin, cryptocurrencies, and paypal.

legendary
Activity: 1722
Merit: 1000
Satoshi is rolling in his grave. #bitcoin
July 05, 2014, 04:06:10 PM
For all the hate that paypal gets, they have definitely been a game changer in making online payments easier.

And they reward them self very well for doing so.

Is there any aditional news about PP - BTC integration ?!
legendary
Activity: 1456
Merit: 1001
This is the land of wolves now & you're not a wolf
July 05, 2014, 04:02:49 PM
For all the hate that paypal gets, they have definitely been a game changer in making online payments easier.
sr. member
Activity: 644
Merit: 260
July 05, 2014, 03:03:21 PM
I HATE PAYPAL! - PAYPALSUCKS.COM[/b]

Paypal ripped me off for over $3,000 and stop a honest money flow that I built up from $10 a day to $1,000 a day within a week. They locked my account and asked for me to explain. I sent them the biggest email I ever sent and explained from the day I got my first computer up to how I was making that money.

They sent me an automated reply just saying my account is closed for good and they held $1,900 of mine for over 6 months (then they did pay me)

But In all the payments I got that week I never had a chargeback, refund request or any problems from the buyers and when my account got locked, I had hundreds of emails of people saying "I am trying to buy but your paypal is locked...are you a scammer?"

Oh that made me so damn mad (at paypal) that I sent them a very bad email and they sent the cops to my house...to make sure I was not on my way to HQ like I said I was. That was years ago and I have moved on from that but that was a million dollar Idea that only crashed because paypal did not want to work with me...while at the same time they let facebook sell poker chips (in the hold poker game) for paypal or any game credits for paypal and thats against the paypal rules too!


FUCK PAYPAL!
The sad thing is this isn't even an isolated incident. This kind of crap happens constantly.

Wow , you are selling BTC for paypal and they lock you ?


This happens. Sadly.
Receiving funds in exchange for digital goods is against the paypal tos Sad

You are allowed to sell intangible goods on PayPal. Selling Bitcoin is also ok under eBay now.
Is this a change to paypal TOS?

I knew that ebay was allowing bitcoin and bitcoin related products to be sold on their site, but I thought that it was still not allowed on paypal (there are even a few threads about this)
legendary
Activity: 1148
Merit: 1014
In Satoshi I Trust
July 05, 2014, 03:43:10 AM
I would never even consider using PayPal with my BTC
Good way to get hacked, account frozen, charge backed, etc

Exactly! and don't forget about the fees paypal will gladly charge you for the "convenience of their services"   Tongue.


yeah i love it. ebay fees + paypal fees = 20 %
newbie
Activity: 28
Merit: 0
July 05, 2014, 02:35:44 AM
I wonder if it will happen.
newbie
Activity: 2
Merit: 0
July 04, 2014, 11:48:42 PM
I would think that ebay and paypal would just use the same method to curb scamming that they use now temporarily on new users, where the funds are not released to your account until the goods have arrived at the buyer's address through a tracked shipment or expected arrival date. I see them simply requiring a similar or a manual confirmation for all BTC transactions in perpetuity.

I would never even consider using PayPal with my BTC
Good way to get hacked, account frozen, charge backed, etc

Also/more so I see papal allowing you to fill your paypal balance with BTC that is in turn converted to your native currency for your paypal balance. Which if so could become the easy way to convert BTC to fiat in your checking account.
legendary
Activity: 1267
Merit: 1000
July 04, 2014, 11:46:17 PM
I would never even consider using PayPal with my BTC
Good way to get hacked, account frozen, charge backed, etc

Exactly! and don't forget about the fees paypal will gladly charge you for the "convenience of their services"   Tongue.
newbie
Activity: 38
Merit: 0
July 04, 2014, 11:12:25 PM
I would never even consider using PayPal with my BTC
Good way to get hacked, account frozen, charge backed, etc
hero member
Activity: 700
Merit: 500
July 04, 2014, 10:30:12 PM
I HATE PAYPAL! - PAYPALSUCKS.COM[/b]

Paypal ripped me off for over $3,000 and stop a honest money flow that I built up from $10 a day to $1,000 a day within a week. They locked my account and asked for me to explain. I sent them the biggest email I ever sent and explained from the day I got my first computer up to how I was making that money.

They sent me an automated reply just saying my account is closed for good and they held $1,900 of mine for over 6 months (then they did pay me)

But In all the payments I got that week I never had a chargeback, refund request or any problems from the buyers and when my account got locked, I had hundreds of emails of people saying "I am trying to buy but your paypal is locked...are you a scammer?"

Oh that made me so damn mad (at paypal) that I sent them a very bad email and they sent the cops to my house...to make sure I was not on my way to HQ like I said I was. That was years ago and I have moved on from that but that was a million dollar Idea that only crashed because paypal did not want to work with me...while at the same time they let facebook sell poker chips (in the hold poker game) for paypal or any game credits for paypal and thats against the paypal rules too!


FUCK PAYPAL!
The sad thing is this isn't even an isolated incident. This kind of crap happens constantly.

Wow , you are selling BTC for paypal and they lock you ?


This happens. Sadly.
Receiving funds in exchange for digital goods is against the paypal tos Sad

You are allowed to sell intangible goods on PayPal. Selling Bitcoin is also ok under eBay now.
Djo
newbie
Activity: 25
Merit: 0
July 04, 2014, 10:27:41 PM
I can`t wait to see Paypal integrate the bitcoin community.
I know it will happen, just a matter of time.
sr. member
Activity: 644
Merit: 260
July 04, 2014, 10:22:29 PM
I HATE PAYPAL! - PAYPALSUCKS.COM[/b]

Paypal ripped me off for over $3,000 and stop a honest money flow that I built up from $10 a day to $1,000 a day within a week. They locked my account and asked for me to explain. I sent them the biggest email I ever sent and explained from the day I got my first computer up to how I was making that money.

They sent me an automated reply just saying my account is closed for good and they held $1,900 of mine for over 6 months (then they did pay me)

But In all the payments I got that week I never had a chargeback, refund request or any problems from the buyers and when my account got locked, I had hundreds of emails of people saying "I am trying to buy but your paypal is locked...are you a scammer?"

Oh that made me so damn mad (at paypal) that I sent them a very bad email and they sent the cops to my house...to make sure I was not on my way to HQ like I said I was. That was years ago and I have moved on from that but that was a million dollar Idea that only crashed because paypal did not want to work with me...while at the same time they let facebook sell poker chips (in the hold poker game) for paypal or any game credits for paypal and thats against the paypal rules too!


FUCK PAYPAL!
The sad thing is this isn't even an isolated incident. This kind of crap happens constantly.

Wow , you are selling BTC for paypal and they lock you ?


This happens. Sadly.
Receiving funds in exchange for digital goods is against the paypal tos Sad
legendary
Activity: 1540
Merit: 1029
July 03, 2014, 12:59:02 AM
I HATE PAYPAL! - PAYPALSUCKS.COM[/b]

Paypal ripped me off for over $3,000 and stop a honest money flow that I built up from $10 a day to $1,000 a day within a week. They locked my account and asked for me to explain. I sent them the biggest email I ever sent and explained from the day I got my first computer up to how I was making that money.

They sent me an automated reply just saying my account is closed for good and they held $1,900 of mine for over 6 months (then they did pay me)

But In all the payments I got that week I never had a chargeback, refund request or any problems from the buyers and when my account got locked, I had hundreds of emails of people saying "I am trying to buy but your paypal is locked...are you a scammer?"

Oh that made me so damn mad (at paypal) that I sent them a very bad email and they sent the cops to my house...to make sure I was not on my way to HQ like I said I was. That was years ago and I have moved on from that but that was a million dollar Idea that only crashed because paypal did not want to work with me...while at the same time they let facebook sell poker chips (in the hold poker game) for paypal or any game credits for paypal and thats against the paypal rules too!


FUCK PAYPAL!
The sad thing is this isn't even an isolated incident. This kind of crap happens constantly.

Wow , you are selling BTC for paypal and they lock you ?


This happens. Sadly.
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