Recent Events At Bitcoin Market - page 2.

bitcoinTrader

sr. member

Activity: 364

Merit: 250

Quote from: digdugg67 on June 09, 2011, 08:49:13 AM

Quote from: bitcoinTrader on June 09, 2011, 08:39:01 AM

.....
Paypal does play its part...My account has been permanently limited..

Ok, I'll give you that but had the buyer been on the up and up. PP probably would not have been an issue.

I hope this was not a business PP account.

PP just needs to figure out that BitCoin is coming and either they are going to play or they are going to have to get out of the way.

Not business account...
I did not have any dispute/chargeback.. still my account has been limited permanently! Grin

digdugg67

newbie

Activity: 56

Merit: 0

Quote from: bitcoinTrader on June 09, 2011, 08:39:01 AM

.....
Paypal does play its part...My account has been permanently limited..

Ok, I'll give you that but had the buyer been on the up and up. PP probably would not have been an issue.

I hope this was not a business PP account.

PP just needs to figure out that BitCoin is coming and either they are going to play or they are going to have to get out of the way.

bitcoinTrader

sr. member

Activity: 364

Merit: 250

Quote from: digdugg67 on June 09, 2011, 08:37:19 AM

Quote from: trackpantsboner on June 09, 2011, 07:20:08 AM

Bind you are a negative, suspicious git. The owner of bitcoinmarket never once tried to convince anyone to use paypal or break their terms of service, he put paypal up as an option and it was a very valuable option for many of us. You have no evidence whatsoever to support your claim that it was conniving on the part of bitcoinmarket. Of course bcm made money from the transactions, thats how society operates, you provide a service and you get paid for it. You obviously dont run a business like a lot of us here on this forum do.

+1

It's not Dustin
~~it's not even paypal.~~
It's a few bad actors.
What it comes down to is that there were scammers using paypal and their TOS to their advantage by stating that they never authorized the transaction or some other claim and PP sides with the buyer.
I used PP on BCM, I bought some coins from numerous sellers.

The only nefarious stuff going on is with the PP buyers and/or their accounts.

Paypal does play its part...My account has been permanently limited..

digdugg67

newbie

Activity: 56

Merit: 0

Quote from: trackpantsboner on June 09, 2011, 07:20:08 AM

Bind you are a negative, suspicious git. The owner of bitcoinmarket never once tried to convince anyone to use paypal or break their terms of service, he put paypal up as an option and it was a very valuable option for many of us. You have no evidence whatsoever to support your claim that it was conniving on the part of bitcoinmarket. Of course bcm made money from the transactions, thats how society operates, you provide a service and you get paid for it. You obviously dont run a business like a lot of us here on this forum do.

+1

It's not Dustin
it's not even paypal.
It's a few bad actors.
What it comes down to is that there were scammers using paypal and their TOS to their advantage by stating that they never authorized the transaction or some other claim and PP sides with the buyer.
I used PP on BCM, I bought some coins from numerous sellers.

The only nefarious stuff going on is with the PP buyers and/or their accounts.

Cdecker

hero member

Activity: 489

Merit: 505

Yup, got scammed by b4rrydoyle (5184) too. It's just 20 BTC but still... Hopefully dwdollar can publish the payout address for those scammers so we can start collecting all addresses they're using and start to track them.

rhino

newbie

Activity: 3

Merit: 0

Quote from: trackpantsboner on June 09, 2011, 07:20:08 AM

Bind you are a negative, suspicious git. The owner of bitcoinmarket never once tried to convince anyone to use paypal or break their terms of service, he put paypal up as an option and it was a very valuable option for many of us. You have no evidence whatsoever to support your claim that it was conniving on the part of bitcoinmarket. Of course bcm made money from the transactions, thats how society operates, you provide a service and you get paid for it. You obviously dont run a business like a lot of us here on this forum do.

+1 from me. I have nothing but praise for all Dustin has done and what I've experienced with all my various dealings with him.

Take this offline if you must, let's get back to the issues at hand: can this be made to work, and officially, what is Paypal's issue with it? I presently have some open cases with Paypal's large business engagement ghosts trying to find answers to these very things. So far they have been useless, but I'm persisting.

trackpantsboner

newbie

Activity: 43

Merit: 0

Bind you are a negative, suspicious git. The owner of bitcoinmarket never once tried to convince anyone to use paypal or break their terms of service, he put paypal up as an option and it was a very valuable option for many of us. You have no evidence whatsoever to support your claim that it was conniving on the part of bitcoinmarket. Of course bcm made money from the transactions, thats how society operates, you provide a service and you get paid for it. You obviously dont run a business like a lot of us here on this forum do.

fassadlr

member

Activity: 89

Merit: 10

I would love a reply from Dustin Dollar on the above!

Bind

sr. member

Activity: 385

Merit: 250

There is only one person to blame for anyone getting ripped off via paypal transactions at bitcoinmarket.

That is the person who owns bitcoinmarket for convincing you to break paypals terms of service agreement.

I think any first year law student could convince a judge and jury of the same.

The person who runs bitcoinmarket allowed it for one reason. To make money off you then close the accounts and take the bitcoins left in those account of anyone paypal reversed charges on, then of course state that all he could reimburse back were transaction fees.

Then he says the users are fraudulent and blames paypal for following their own terms of service.

Please people, try and use your brains.

He took a chance, convinced you to take a chance, blames everyone else, then cashes in on you.

thisisquitealongname

newbie

Activity: 1

Merit: 0

Interesting. I bought a few btc off 6038 for LR. It went fine. He even cut me a deal on one because my account was a bit short.

kakobrekla

hero member

Activity: 714

Merit: 500

Psi laju, karavani prolaze.

How about MBEUR?

speeder

hero member

Activity: 994

Merit: 501

PredX - AI-Powered Prediction Market

Quote from: BCEmporium on June 08, 2011, 06:18:55 AM

Actually MoneyBookers is already there and can be a good replacement. For those having problems uploading funds, don't forget to check for the "Gaming selector" and set it to "Non-Gaming". MB have that issue of default to "Gaming enabled" which on many cases makes VISA to refuse the payment.

Too bad seemly it is not available on my country at all, so, or I use PayPal, or... I use PayPal

BCEmporium

legendary

Activity: 1218

Merit: 1000

Actually MoneyBookers is already there and can be a good replacement. For those having problems uploading funds, don't forget to check for the "Gaming selector" and set it to "Non-Gaming". MB have that issue of default to "Gaming enabled" which on many cases makes VISA to refuse the payment.

seer

newbie

Activity: 50

Merit: 0

An idea to make paypal safer.

1. clear all paypal email addresses in the database on BCM.
2. To add a paypal address an email confirmation with a generated code is sent to your paypal email address. This includes terms stating that you agree sales are final once coins are released from escrow.
3. The user must enter the code in BCM to activate the paypal email address as well as again agree to the terms of no charge backs and that sales are final once coins released from escrow.
4. To buy coins via paypal any offer you make will result in an email been sent to your paypal email address with a generated code. Again T&C's are stated and until you enter the code in on BCM the offer is no entered into the system.
5. In the transaction history all the information aabove and the time and date the seller agreed and what they agreed to is shown so that the seller can use it to argue with paypal.

It may not win the case with paypal but if the other person has control of the paypal email and the paypal account and agreed to the terms the chances are they are that person and they have agreed that the escrow history does show the real delivery of the item. IF you have the other person agreements it should be a reasonable case with paypal.

What do you think guys?

yxejamir

newbie

Activity: 5

Merit: 0

Seen on BCM homepage:

Quote from: bitcoinmarket.com

2011-6-7 BMBTC/PPUSD Update

We were able to seize about 5 BTC from the fraudulent accounts. This is roughly equivalent to the sum of the transaction fees charged on these trades. Therefore, we've decided to issue transaction fee refunds on all fraudulent transactions. We realize this is a small compensation, but it is the fairest form of distribution that we can imagine. Members should see the deposit in their account in the next couple of days.

Thought you would like to know.

Brainslug

newbie

Activity: 35

Merit: 0

Quote from: BCEmporium on June 07, 2011, 05:40:30 PM

"get money into mtgox"?! Why MtGox?! Huh

Can wire to Btcex, btcmarket eu among others... but the issue isn't "me", but the newcomers. «Hey! Want some BTC? Great! Do a «fricking complicated or ultra-fee-expensive thing unless you live in the US» to get it.»

That pretty much sums it up.

BCEmporium

legendary

Activity: 1218

Merit: 1000

"get money into mtgox"?! Why MtGox?! Huh

Can wire to Btcex, btcmarket eu among others... but the issue isn't "me", but the newcomers. «Hey! Want some BTC? Great! Do a «fricking complicated or ultra-fee-expensive thing unless you live in the US» to get it.»

Garrett Burgwardt

sr. member

Activity: 406

Merit: 256

Quote from: BCEmporium on June 07, 2011, 03:18:44 PM

Quote from: Garrett Burgwardt on June 07, 2011, 03:15:26 PM

Incorrect! Paypal can chargeback up to 180 days later.

Have fun paypal traders, don't say you weren't warned

OK... just checked item dispute, where it states 45 days, so I guess after your input the "holy shit" turned into a big F... 180 days is about "report fraudulent use", right?

OTH Garrett, PP is still one of the best links between "Bitcoin and reality", as LR is a phony "bank" to where you can't either deposit or withdraw directly. Complicated!

Paypal sucks.

Mail a check, send a bank wire, etc. Tons of better ways to get money into mtgox.

Or just do some work for bitcoins! It's not hard

-Garrett

Mr.Pie

newbie

Activity: 1

Merit: 0

I'm very lucky
all my transactions have been relatively small...but however
since I live overseas away from the states.....paypal is really the only viable payment option for me

on bitmarket.eu which will be my alternative for awhile till bitcoin market can come back up
they require you to post heatware, ebay feedback or anything that is related to online transaction feedback to verify
your account personally after you register before you can start any transactions on their market.

Why don't we do that? the invitations/close market sounds good as well

I also like the ideas of immediate bans....
and how about adding in a prompt after each transaction to leave feedback?

I've done only 2 small transactions in my account since last week or so~ but nobody's left feedback for each of my transactions
I've left feedback for them...but they didn't....we need a large button or prompt for them to leave feedback

BCEmporium

legendary

Activity: 1218

Merit: 1000

Quote from: Garrett Burgwardt on June 07, 2011, 03:15:26 PM

Incorrect! Paypal can chargeback up to 180 days later.

Have fun paypal traders, don't say you weren't warned

OK... just checked item dispute, where it states 45 days, so I guess after your input the "holy shit" turned into a big F... 180 days is about "report fraudulent use", right?

OTH Garrett, PP is still one of the best links between "Bitcoin and reality", as LR is a phony "bank" to where you can't either deposit or withdraw directly. Complicated!

Topic: Recent Events At Bitcoin Market - page 2. (Read 26159 times)