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Topic: WARNING: PAYPAL STARTED MASSIVE ACCOUNT BAN ON ANYTHING BITCOIN RELATED - page 13. (Read 66810 times)

legendary
Activity: 1202
Merit: 1015
Never use PayPal for anything involving bitcoin. It is just that simple. PayPal stands to be the biggest looser if bitcoin catches on. Why would they want to help us?
that is not true. they can implement your coin address to your paypal account just like u add debit/credit card. actually ill go as far to say that they are the ones who are able to gain most if they incorporate btc correctly. they have huge user base and they still need to pay the banksters % off every transaction.
sr. member
Activity: 686
Merit: 251
I'm investigating Crypto Projects
Enjoy freedom by paypal can you imagine if they got to run the world the way they wanted it we would all be little robots
sr. member
Activity: 435
Merit: 250
Paypal is so hypocritcal. Paypal is owned by Ebay and ebay itself allows people to sell miners, coins, etc but then once the transactions are all processed and stuff, they wanna ban the account and keep all the money to themselves.

Paypal is quite popular for banning a lot of accounts with $1000+.. they ask you to submit all kinds of documents, and still they won't activate the account for another 6 months. They freeze millions of dollars each year to earn interest on the money.
legendary
Activity: 3066
Merit: 1147
The revolution will be monetized!
Never use PayPal for anything involving bitcoin. It is just that simple. PayPal stands to be the biggest looser if bitcoin catches on. Why would they want to help us?
newbie
Activity: 3
Merit: 0
What about private transaction???  Are they banning that as well?? (Can they see what we're selling?)

I'm talking about transaction conducted via forum or chatroom...

just wondering..  Shocked
sr. member
Activity: 364
Merit: 250
You were selling a physical item that was perfectly allowed and they froze your money because they didn't like it...  How is that not illegal?

Cause it's paypal and they can spend millions on lawyers,  you can't  Wink Angry Shocked Undecided Embarrassed
full member
Activity: 168
Merit: 100
As long as they don't "ban" users who've purchased $50 of Virwox second life currency to convert to BTC.

Though I did that only once and over 3-4 months ago.

Otherwise, I've been using PayPal for something like 6+ years. I'm not their biggest fan, but I still find it useful for some things.
legendary
Activity: 1138
Merit: 1001
Congratulations Paypal.

You've just publicly admitted - 'Oh F*ck we're obsolete!'
newbie
Activity: 56
Merit: 0
some banks closed user's account for the same reason, why? because bitcoin is supposed to destroy them! bank and paypal of cause will fight back!
hero member
Activity: 1316
Merit: 503
Someone is sitting in the shade today...
There is someone else around here suing paypal for similar reasons. see if you can get in touch with them.


you cant sue paypal, you will get buried before getting to court.
hero member
Activity: 898
Merit: 1000
There is someone else around here suing paypal for similar reasons. See if you can get in touch with them.
legendary
Activity: 1795
Merit: 1208
This is not OK.
Hmm, wanted to sell my miners.

I guess it doesn't need the word 'Bitcoin' in there really.
hero member
Activity: 1316
Merit: 503
Someone is sitting in the shade today...
You were selling a physical item that was perfectly allowed and they froze your money because they didn't like it...  How is that not illegal?

exactly, i explained very clearly everything i sold was physical - casascius coins and some asic mining equipment, nothing virtual.  But she doesnt care or even understand, to be fair i dont think it's her fault she's just a drone.

i have been with paypal for over 10 years with a business account and paypal credit card, do about $10k transaction with them each month. And they would just ban me because i listed a few bitcoin auction is insane

I wondering if i should withdraw money from paypal now, got about $6k in there, but if i do i think it will worsen my chance of not getting perm ban.

what a nightmare, becareful guys.

edit:  i dont think buyers are affected, they are only targeting sellers.
newbie
Activity: 56
Merit: 0
You were selling a physical item that was perfectly allowed and they froze your money because they didn't like it...  How is that not illegal?

sue them!
legendary
Activity: 1218
Merit: 1003
We are the champions of the night
You were selling a physical item that was perfectly allowed and they froze your money because they didn't like it...  How is that not illegal?
sr. member
Activity: 356
Merit: 250
Demonstrates exactly why bitcoin is superior in the first place. Nobody to stand behind you telling you what you can & can't sell.
hero member
Activity: 1316
Merit: 503
Someone is sitting in the shade today...
FYI, paypal has started a massive banning campaign on accounts selling anything bitcoin related, whether it's mining equipment, ebooks, or the currency itself.

This is a new action they started around mid Jan of this year.

You will be warned once, then your account will be perm banned from paypal, with all money inside frozen.  

I got called from paypal because i sold a few casascius coins (no issues with the transaction itself, buyers all happy).  But the lady said because i sold bitcoin my account is now under review for a perm ban. I stated i have been selling since early 2013 with no issues, and it's perfectly legal within ebay they even created a new category called virtual currency for it.

But she could careless just reading off a script, but I managed to get it out of her it's some new policy they are now implementing against bitcoin. She doesnt really even understand what it is, as long as the auction has the word bitcoin in it, over certain $ amount, and buyer paid with paypal, you are at risk getting the hammer.  If you check online many similar stories in the last month or so.

That's one way to try shut down the competition.  ,,!,, paypal
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