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Topic: WTF coinurl - page 3. (Read 5079 times)

newbie
Activity: 56
Merit: 0
December 07, 2012, 01:37:43 PM
#25
25% mandatory donation on withdrawals?   I spend .2btc advertising to make  .02btc   and if i withdraw you want a minimum of 25% WTF

Well, at least they don't put you in a cage if you refuse to "donate".
legendary
Activity: 1582
Merit: 1002
December 07, 2012, 01:36:54 PM
#24
greyhawk, This commission was introduced about a month ago and was shown on the "Withdraw" page as "compulsory donation". I never concealed it.

P.S. Now I explicitly named it "commission fee" and wrote about it on main page and FAQ. There is no more indefiniteness.
legendary
Activity: 1400
Merit: 1005
December 07, 2012, 01:35:36 PM
#23
When I have introduced this commission fee, I updated "Withdraw" page but just forgot to update info on front page and FAQ.
I am really sorry for the inconvenience you have experienced. Now all docs updated.
So now it doesn't say anything anywhere on your site to tell users that you charge a 25% withdrawal fee?  Nice, real classy...
hero member
Activity: 952
Merit: 1009
December 07, 2012, 01:31:32 PM
#22
So you now have this in your TOS:

Quote
CoinURL reserve the right to charge any commission fee without notice to any user in its sole discretion.

I'm pretty sure that's not legal.
full member
Activity: 210
Merit: 101
December 07, 2012, 01:30:37 PM
#21
CoinURL
   
1:26 PM (4 minutes ago)
      
to me
Oh sorry, I just forgot to update the page when introduced fee. Thank you for the bug report, now fixed.

In the ToS:
Commission fees
CoinURL reserve the right to charge any commission fee without notice to any user in its sole discretion.

P.S. May be you have heard "There are no free lunches", so don't be naive to think free services will be offered forever.
It was just a temporary promo campaign at the CoinURL launch when we charged no commissions, but now it expired.


thats great
legendary
Activity: 1582
Merit: 1002
December 07, 2012, 01:29:16 PM
#20
When I have introduced this commission fee, I updated "Withdraw" page but just forgot to update info on front page and FAQ.
I am really sorry for the inconvenience you have experienced. Now all docs updated.
full member
Activity: 210
Merit: 101
December 07, 2012, 01:05:34 PM
#19
agreed
hero member
Activity: 952
Merit: 1009
December 07, 2012, 01:03:13 PM
#18
From the FAQ:

Quote
What is the minimum amount that can be deposited or withdrawn? What is the commission rate?
There are no limits to deposits and withdrawals. All deposits and withdrawals are commission-free.

Sounds like a case for a scammer tag.
hero member
Activity: 1078
Merit: 502
December 07, 2012, 01:00:57 PM
#17
Should the fee's not somehow be implemented in to what he pays out?


kinda shitty thing to do IMO.
hero member
Activity: 532
Merit: 500
December 07, 2012, 12:59:56 PM
#16
heres the e-mail response

CoinURL <[email protected]>
   
12:47 PM (7 minutes ago)
      
to me
I cannot work in a loss. 25% is a reasonable commission I think. In comparison, Google AdSense charges 30-50% commissions.

Ok, I will change its name from "donation" to the "commission fee".

ಠ_ಠ Wow.
full member
Activity: 210
Merit: 101
December 07, 2012, 12:54:31 PM
#15
heres the e-mail response

CoinURL <[email protected]>
   
12:47 PM (7 minutes ago)
      
to me
I cannot work in a loss. 25% is a reasonable commission I think. In comparison, Google AdSense charges 30-50% commissions.

Ok, I will change its name from "donation" to the "commission fee".
hero member
Activity: 952
Merit: 1009
December 07, 2012, 12:54:12 PM
#14
What's coinurl?

EDIT: Reading up on it. Seems they advertise with "no fees" then levy fees nonetheless. Kinda like Bitcoin.

You srsly didn't knew what CoinURL was?

Nope. Why would I? I'm not a fan of ads. In fact I tend to block them.

From CoinURL FAQs
Quote
Interstitial ads let you monetize links, even if you don't own the target website.

Is that even legal?
full member
Activity: 210
Merit: 101
December 07, 2012, 12:51:41 PM
#13
on the withdrawel screen i tried changing the automatic 25% to 0%   but it says it cannot be any lower than 25%   so if i want to withdraw anything that ive made...they take a quarter of it....christ
legendary
Activity: 952
Merit: 1000
December 07, 2012, 12:49:28 PM
#12
What's coinurl?

EDIT: Reading up on it. Seems they advertise with "no fees" then levy fees nonetheless. Kinda like Bitcoin.

You srsly didn't knew what CoinURL was?
legendary
Activity: 3066
Merit: 1147
The revolution will be monetized!
December 07, 2012, 12:49:25 PM
#11
That's BS Lurk. I don't know how it's set up, but could you just refuse to pay? Let's see what a judge thinks about their contract.
full member
Activity: 210
Merit: 101
December 07, 2012, 12:49:13 PM
#10
I just saw an operation fabulous ad on the coinurl faq.....whats going on here
legendary
Activity: 1400
Merit: 1005
December 07, 2012, 12:48:13 PM
#9
This indeed deserves the WTF that the thread title dishes out.
legendary
Activity: 952
Merit: 1000
December 07, 2012, 12:48:05 PM
#8
Is it seriously mandatory?  This makes Operation Fabulous a little bit more fabulous.
Answering the emails would make Operation Fabulous a little bit more fabulous for sure.
legendary
Activity: 952
Merit: 1000
December 07, 2012, 12:47:18 PM
#7
this is on the front page of the website

 It is absolutely free, you will receive 100% of the funds paid by advertisers!


.... except 25% we will take that from you for sure...sucker

You can wait 15 minutes and take 100% of you money, I think.

EDIT: Nope, I was wrong.
legendary
Activity: 1190
Merit: 1000
www.bitcointrading.com
December 07, 2012, 12:47:09 PM
#6
Is it seriously mandatory?  This makes Operation Fabulous a little bit more fabulous.
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