Bitcoin Forum

Alternate cryptocurrencies => Altcoin Discussion => Topic started by: GambitBTC on May 10, 2013, 02:19:29 AM



Title: LTC-FTC-CNC-NMC To Paypal Service *NOW OPEN*
Post by: GambitBTC on May 10, 2013, 02:19:29 AM
Orange Sky Exchange is currently in development, and will provide a simple way to turn your ALT coins into Paypal USD.



Website under development



Alpha Testing Is Now Open To Forum Members Only




Nothing huge yet guys, but the exchange is currently open to any forum members. Please PM me to hash out a deal, or contact me on Skype  

Skype Username OrangeSkyExchangeCCI


All deals are currently being conducted via PM, or Skype due to the price volatility.



Starting Sunday 5/12/13 We Accept Sealswithclubs.eu and will do swift Paypal Payouts!



Prices cheaper than bitinstant!






Current Status: Reserves Are empty .


Title: Re: LTC-FTC-CNC-NMC To Paypal Service *Coming Soon*
Post by: willhash4food on May 10, 2013, 02:56:21 AM
Will it be less than the lovely Bitinstant fee of 9%?  ;D


Title: Re: LTC-FTC-CNC-NMC To Paypal Service *Coming Soon*
Post by: GambitBTC on May 10, 2013, 03:05:06 AM
Will it be less than the lovely Bitinstant fee of 9%?  ;D

Of course, we realized that the rates they are offering are simply unreasonable.


We hope to be the alternative :)


Title: Re: LTC-FTC-CNC-NMC To Paypal Service *Coming Soon*
Post by: willhash4food on May 10, 2013, 03:07:05 AM
Will it be less than the lovely Bitinstant fee of 9%?  ;D

Of course, we realized that the rates they are offering are simply unreasonable.


We hope to be the alternative :)

Hot dog! Sign me up today.


Title: Re: LTC-FTC-CNC-NMC To Paypal Service *Coming Soon*
Post by: hdclover on May 10, 2013, 03:07:49 AM
count me in ?


Title: Re: LTC-FTC-CNC-NMC To Paypal Service *Coming Soon*
Post by: niteryder on May 10, 2013, 03:13:34 AM
I think btc-e beat you to it.


Title: Re: LTC-FTC-CNC-NMC To Paypal Service *Coming Soon*
Post by: GambitBTC on May 10, 2013, 03:14:55 AM
I think btc-e beat you to it.

Their minimum cashout last time i checked was 100$ USD

We won't have as high of limits.


[Edit] Their minimum Paypal cashout is now 200 USD


Title: Re: LTC-FTC-CNC-NMC To Paypal Service *Coming Soon*
Post by: niteryder on May 10, 2013, 03:16:12 AM
I think btc-e beat you to it.

Their minimum cashout last time i checked was 100$ USD

We won't have as high of limits.

True.  They are being jerks, as they just doubled many minimum cashouts.  Paypal is up to $200 now.


Title: Re: LTC-FTC-CNC-NMC To Paypal Service *Coming Soon*
Post by: Nolo on May 10, 2013, 03:16:43 AM
I think btc-e beat you to it.

Their minimum cashout last time i checked was 100$ USD

We won't have as high of limits.

BTC-e's fee is 6%.  What does PayPal add on top of this?


Title: Re: LTC-FTC-CNC-NMC To Paypal Service *Coming Soon*
Post by: niteryder on May 10, 2013, 03:19:15 AM
I think btc-e beat you to it.

Their minimum cashout last time i checked was 100$ USD

We won't have as high of limits.

BTC-e's fee is 6%.  What does PayPal add on top of this?

It was $29 when I cashed out some money yesterday.


Title: Re: LTC-FTC-CNC-NMC To Paypal Service *Coming Soon*
Post by: GambitBTC on May 10, 2013, 03:21:33 AM
I think btc-e beat you to it.

Their minimum cashout last time i checked was 100$ USD

We won't have as high of limits.

BTC-e's fee is 6%.  What does PayPal add on top of this?

It was $29 when I cashed out some money yesterday.
I think btc-e beat you to it.

Their minimum cashout last time i checked was 100$ USD

We won't have as high of limits.

BTC-e's fee is 6%.  What does PayPal add on top of this?


So i think its safe to say that this service is much needed.

People deserve to get more out of their coins.


Title: Re: LTC-FTC-CNC-NMC To Paypal Service *Coming Soon*
Post by: justabitoftime on May 10, 2013, 03:32:30 AM
Will this provide any type of merchant services/tools? In other words, if I want to pay 1 LTC for a beer, it would be nice if that was immediately changed to cash for the bar owner.


Title: Re: LTC-FTC-CNC-NMC To Paypal Service *Coming Soon*
Post by: GambitBTC on May 10, 2013, 03:35:50 AM
Will this provide any type of merchant services/tools? In other words, if I want to pay 1 LTC for a beer, it would be nice if that was immediately changed to cash for the bar owner.


I could ask my developers and get back to you with a proper answer, but how i personally do things is i have a paypal debit card so anytime my account has money i got money on the card. Which is accepted anywhere a debit/credit card is.


If you have any ideas please feel free to bounce them off me


Thank you for your interest in this project in development!


Title: Re: LTC-FTC-CNC-NMC To Paypal Service *Coming Soon*
Post by: TruCoin on May 10, 2013, 03:37:29 AM
Orange Sky Exchange is currently under construction but will be a simple way to turn your ALT coins into Paypal USD.



Alpha Testing Will Be Open To Forum Members Only This Weekend As A Sneak peak.





More info to come, just wanted to generate a little buzz ;P


Watching !!! good job


Title: Re: LTC-FTC-CNC-NMC To Paypal Service *Coming Soon*
Post by: niteryder on May 10, 2013, 03:46:08 AM
Will this provide any type of merchant services/tools? In other words, if I want to pay 1 LTC for a beer, it would be nice if that was immediately changed to cash for the bar owner.

Depends on the beer.


Title: Re: LTC-FTC-CNC-NMC To Paypal Service *Coming Soon*
Post by: GambitBTC on May 10, 2013, 03:46:18 AM
Orange Sky Exchange is currently under construction but will be a simple way to turn your ALT coins into Paypal USD.



Alpha Testing Will Be Open To Forum Members Only This Weekend As A Sneak peak.





More info to come, just wanted to generate a little buzz ;P


Watching !!! good job



Stay tuned, i wont let you down ;P


Thank you for the support!


Title: Re: LTC-FTC-CNC-NMC To Paypal Service *Coming Soon*
Post by: aysyr on May 10, 2013, 04:10:09 AM
Note that the person making this backs FTC :) haha


Title: Re: LTC-FTC-CNC-NMC To Paypal Service *Coming Soon*
Post by: farlack on May 10, 2013, 04:13:26 AM
Will this provide any type of merchant services/tools? In other words, if I want to pay 1 LTC for a beer, it would be nice if that was immediately changed to cash for the bar owner.


I could ask my developers and get back to you with a proper answer, but how i personally do things is i have a paypal debit card so anytime my account has money i got money on the card. Which is accepted anywhere a debit/credit card is.



You know what they say about being a merchant, and leaving funds on your paypal account? They say "don't" and its for a very good reason. Bitcoin is a gray zone with paypal, they will wait for you to have a ton of money on the account and freeze it.


Title: Re: LTC-FTC-CNC-NMC To Paypal Service *Coming Soon*
Post by: GambitBTC on May 10, 2013, 08:21:20 PM
Will this provide any type of merchant services/tools? In other words, if I want to pay 1 LTC for a beer, it would be nice if that was immediately changed to cash for the bar owner.


I could ask my developers and get back to you with a proper answer, but how i personally do things is i have a paypal debit card so anytime my account has money i got money on the card. Which is accepted anywhere a debit/credit card is.



You know what they say about being a merchant, and leaving funds on your paypal account? They say "don't" and its for a very good reason. Bitcoin is a gray zone with paypal, they will wait for you to have a ton of money on the account and freeze it.


Their are ways around it, my funds are in no way any danger :)


Thank you for your concern nonetheless.


Title: Re: LTC-FTC-CNC-NMC To Paypal Service *Coming Soon*
Post by: GambitBTC on May 10, 2013, 09:09:48 PM
Note that the person making this backs FTC :) haha



Since day 1 my brother


Title: Re: LTC-FTC-CNC-NMC To Paypal Service *Coming Soon*
Post by: GambitBTC on May 11, 2013, 09:21:59 PM
Reserves Now Have Low Level Funds Available.



Nothing huge yet guys, but the exchange is currently open to any forum members. Please PM me to hash out a deal


Title: Re: LTC-FTC-CNC-NMC To Paypal Service *NOW OPEN*
Post by: thebride on May 11, 2013, 09:25:42 PM
Interesting... looking forward to giving it a try...


Title: Re: LTC-FTC-CNC-NMC To Paypal Service *NOW OPEN*
Post by: GambitBTC on May 11, 2013, 09:44:39 PM
Interesting... looking forward to giving it a try...



Thank you for your interest and i hope to hear from you soon!


Title: Re: LTC-FTC-CNC-NMC To Paypal Service *NOW OPEN*
Post by: mkmen on May 11, 2013, 10:09:09 PM
I'm certainly interested too, are you considering another services other than paypal?


Title: Re: LTC-FTC-CNC-NMC To Paypal Service *NOW OPEN*
Post by: GambitBTC on May 11, 2013, 10:17:59 PM
I'm certainly interested too, are you considering another services other than paypal?


Yes, I'm actually open to all ideas. Help me make this better! What other services did you have in mind?


Thank you for your interest!


Title: Re: LTC-FTC-CNC-NMC To Paypal Service *NOW OPEN*
Post by: kjlimo on May 12, 2013, 05:52:48 AM
I'm certainly interested too, are you considering another services other than paypal?


Yes, I'm actually open to all ideas. Help me make this better! What other services did you have in mind?


Thank you for your interest!

Dwolla is a nice option.  Here's a link that will get you 40 free transactions when used to register:

http://refer.dwolla.com/a/clk/23DStG

Will this provide any type of merchant services/tools? In other words, if I want to pay 1 LTC for a beer, it would be nice if that was immediately changed to cash for the bar owner.


I could ask my developers and get back to you with a proper answer, but how i personally do things is i have a paypal debit card so anytime my account has money i got money on the card. Which is accepted anywhere a debit/credit card is.



You know what they say about being a merchant, and leaving funds on your paypal account? They say "don't" and its for a very good reason. Bitcoin is a gray zone with paypal, they will wait for you to have a ton of money on the account and freeze it.


Their are ways around it, my funds are in no way any danger :)


Thank you for your concern nonetheless.

I have had heard of accounts frozen for selling bitcoins for Paypal... I'm curious why you think your funds are not in any danger?  Do you have a special agreement with Paypal allowing you to operate as a money service business?  Or are have you worked it out with Paypal where you both believe you're not operating as a money service business?


Title: Re: LTC-FTC-CNC-NMC To Paypal Service *NOW OPEN*
Post by: swordfish6975 on May 12, 2013, 06:10:47 AM
I have had heard of accounts frozen for selling bitcoins for Paypal... I'm curious why you think your funds are not in any danger?

they are doing the opposite I believe.


I have alt coins I send it to them they give me paypal money.


Title: Re: LTC-FTC-CNC-NMC To Paypal Service *NOW OPEN*
Post by: kjlimo on May 12, 2013, 06:25:45 AM
I have had heard of accounts frozen for selling bitcoins for Paypal... I'm curious why you think your funds are not in any danger?

they are doing the opposite I believe.


I have alt coins I send it to them they give me paypal money.

Gotcha, so they are forcing everyone else to use Paypal as a money service business.  Yep, I guess they are in the clear then.