Bitcoin Forum

Other => Off-topic => Topic started by: Moogle on September 05, 2013, 08:05:11 PM



Title: god bless paypal
Post by: Moogle on September 05, 2013, 08:05:11 PM
If there was ever a case to use Bitcoin I think this takes it!

http://www.arcticstartup.com/2013/09/05/paypal-freezes-mailpiles-crowdfunded-cash


Title: Re: god bless paypal
Post by: CoinsForTech on September 06, 2013, 05:00:53 AM
If there was ever a case to use Bitcoin I think this takes it!

http://www.arcticstartup.com/2013/09/05/paypal-freezes-mailpiles-crowdfunded-cash

Seems like it's every other day PayPal gets a bad write up. I hate them as a company and hope everyone else sees the light!


Title: Re: god bless paypal
Post by: b!z on September 06, 2013, 09:39:46 AM
How else do you think paypal is such a big & rich company?


Title: Re: god bless paypal
Post by: Gabi on September 06, 2013, 12:10:10 PM
Well, we can donate bitcoins to them


Title: Re: god bless paypal
Post by: Mike Christ on September 06, 2013, 01:23:02 PM
Seems like it's every other day PayPal gets a bad write up. I hate them as a company and hope everyone else sees the light!

I hear that.  I once had my identity stolen and had my PayPal account wiped, transferred to euros to some other address.  I immediately asked PayPal to help me; 2-3 days later, they said they could not detect any unusual activity going on with my account, and refused to help me any further.

Luckily the thief was stupid, and the money wound up in limbo in my previous Skype account, and Skype was able to refund me the cash before it could go anywhere.  All in all, I'll give PayPal 0/10; would not use again.


Title: Re: god bless paypal
Post by: sealberrder on September 06, 2013, 02:36:22 PM
How else do you think paypal is such a big & rich company?

Because of big success of their service. But what goes up must go down one time


Title: Re: god bless paypal
Post by: b!z on September 06, 2013, 02:52:23 PM
How else do you think paypal is such a big & rich company?

Because of big success of their service. But what goes up must go down one time

read the story where paypal store 700k from mojang :-)


Title: Re: god bless paypal
Post by: Mooshire on September 06, 2013, 05:59:10 PM
I want Mailpile badly


Title: Re: god bless paypal
Post by: Moogle on September 06, 2013, 11:27:14 PM
How else do you think paypal is such a big & rich company?

Because of big success of their service. But what goes up must go down one time

read the story where paypal store 700k from mojang :-)

For those too lazy to Google ;-P
http://www.escapistmagazine.com/news/view/103385-PayPal-Freezes-750K-in-MineCraft-Devs-Account


Title: Re: god bless paypal
Post by: b!z on September 07, 2013, 02:54:59 AM
How else do you think paypal is such a big & rich company?

Because of big success of their service. But what goes up must go down one time

read the story where paypal store 700k from mojang :-)

For those too lazy to Google ;-P
http://www.escapistmagazine.com/news/view/103385-PayPal-Freezes-750K-in-MineCraft-Devs-Account

Thanks for linking the article.


Title: Re: god bless paypal
Post by: solex on September 07, 2013, 03:04:09 AM
If there was ever a case to use Bitcoin I think this takes it!

http://www.arcticstartup.com/2013/09/05/paypal-freezes-mailpiles-crowdfunded-cash

They shot themselves in the other foot a few weeks back:

http://venturebeat.com/2013/08/22/paypal-freezes-35k-donation-to-fund-treatment-for-a-cancer-patient/

unfrozen now, but lots of bad press for such ignorant draconian behavior.


Title: Re: god bless paypal
Post by: elor70 on September 08, 2013, 08:17:21 PM
I hate paypal


Title: Re: god bless paypal
Post by: jackjack on September 08, 2013, 09:11:51 PM
How else do you think paypal is such a big & rich company?

Because of big success of their service. But what goes up must go down one time

read the story where paypal store 700k from mojang :-)

For those too lazy to Google ;-P
http://www.escapistmagazine.com/news/view/103385-PayPal-Freezes-750K-in-MineCraft-Devs-Account

Quote
Hopefully he'll have better luck than Something Awful did during its 2005 run-in with PayPal: After raising over $30,000 in nine hours to aid Red Cross efforts following Hurricane Katrina, SA's PayPal account was frozen for suspicious activity, ultimately resulting in all donated funds, minus service fees, being returned to donators.
Read more at http://www.escapistmagazine.com/news/view/103385-PayPal-Freezes-750K-in-MineCraft-Devs-Account#9L8kYQlz93pUbg4F.99


Title: Re: god bless paypal
Post by: jackjack on September 08, 2013, 09:14:13 PM
If there was ever a case to use Bitcoin I think this takes it!

http://www.arcticstartup.com/2013/09/05/paypal-freezes-mailpiles-crowdfunded-cash

They shot themselves in the other foot a few weeks back:

http://venturebeat.com/2013/08/22/paypal-freezes-35k-donation-to-fund-treatment-for-a-cancer-patient/

unfrozen now, but lots of bad press for such ignorant draconian behavior.

Quote
Last week PayPal blocked the account of GlassUp, a Google Glass competitor that was raising money on Indiegogo. GlassUp had raised $100,000 of a $150,000 goal and PayPal informed project founder Franceso Giartosio that he would only release “a tiny amount of the funds” until final delivery of the product — funds that Giartosio needed to deliver the products.
Read more at http://venturebeat.com/2013/08/22/paypal-freezes-35k-donation-to-fund-treatment-for-a-cancer-patient/#AbZpC2pKcdlj7uZj.99


Title: Re: god bless paypal
Post by: sampathneo on September 09, 2013, 09:31:10 AM
I hate paypal

paypal sucks


Title: Re: god bless paypal
Post by: b!z on September 09, 2013, 10:06:32 AM
If there was ever a case to use Bitcoin I think this takes it!

http://www.arcticstartup.com/2013/09/05/paypal-freezes-mailpiles-crowdfunded-cash

They shot themselves in the other foot a few weeks back:

http://venturebeat.com/2013/08/22/paypal-freezes-35k-donation-to-fund-treatment-for-a-cancer-patient/

unfrozen now, but lots of bad press for such ignorant draconian behavior.

Quote
Last week PayPal blocked the account of GlassUp, a Google Glass competitor that was raising money on Indiegogo. GlassUp had raised $100,000 of a $150,000 goal and PayPal informed project founder Franceso Giartosio that he would only release “a tiny amount of the funds” until final delivery of the product — funds that Giartosio needed to deliver the products.
Read more at http://venturebeat.com/2013/08/22/paypal-freezes-35k-donation-to-fund-treatment-for-a-cancer-patient/#AbZpC2pKcdlj7uZj.99

Wow, I can't believe they would do that. It sounds like a greedy thing to do.


Title: Re: god bless paypal
Post by: jackjack on September 09, 2013, 10:12:30 AM
If there was ever a case to use Bitcoin I think this takes it!

http://www.arcticstartup.com/2013/09/05/paypal-freezes-mailpiles-crowdfunded-cash

They shot themselves in the other foot a few weeks back:

http://venturebeat.com/2013/08/22/paypal-freezes-35k-donation-to-fund-treatment-for-a-cancer-patient/

unfrozen now, but lots of bad press for such ignorant draconian behavior.

Quote
Last week PayPal blocked the account of GlassUp, a Google Glass competitor that was raising money on Indiegogo. GlassUp had raised $100,000 of a $150,000 goal and PayPal informed project founder Franceso Giartosio that he would only release “a tiny amount of the funds” until final delivery of the product — funds that Giartosio needed to deliver the products.
Read more at http://venturebeat.com/2013/08/22/paypal-freezes-35k-donation-to-fund-treatment-for-a-cancer-patient/#AbZpC2pKcdlj7uZj.99

Wow, I can't believe they would do that. It sounds like a greedy thing to do.

Same here

  • Raise money for a project
  • Paypal refuses to give you the money until final delivery of the product
  • wtf


Title: Re: god bless paypal
Post by: b!z on September 09, 2013, 10:14:17 AM
If there was ever a case to use Bitcoin I think this takes it!

http://www.arcticstartup.com/2013/09/05/paypal-freezes-mailpiles-crowdfunded-cash

They shot themselves in the other foot a few weeks back:

http://venturebeat.com/2013/08/22/paypal-freezes-35k-donation-to-fund-treatment-for-a-cancer-patient/

unfrozen now, but lots of bad press for such ignorant draconian behavior.

Quote
Last week PayPal blocked the account of GlassUp, a Google Glass competitor that was raising money on Indiegogo. GlassUp had raised $100,000 of a $150,000 goal and PayPal informed project founder Franceso Giartosio that he would only release “a tiny amount of the funds” until final delivery of the product — funds that Giartosio needed to deliver the products.
Read more at http://venturebeat.com/2013/08/22/paypal-freezes-35k-donation-to-fund-treatment-for-a-cancer-patient/#AbZpC2pKcdlj7uZj.99

Wow, I can't believe they would do that. It sounds like a greedy thing to do.

Same here

  • Raise money for a project
  • Paypal refuses to give you the money until final delivery of the product
  • wtf

maybe they are taking the money to pay for big withdrawals from other people :-)


Title: Re: god bless paypal
Post by: MiningMole on September 09, 2013, 03:45:30 PM
Earning interest on frozen funds seems to be part of their business model.
Avoid paypal, use bitcoin.


Title: Re: god bless paypal
Post by: sublime5447 on September 09, 2013, 04:04:13 PM
Shit, dont hold 40k in your paypal...how hard is that? I use paypal like I use my blockchain wallet it is not for savings!!

They let you send money for free! I personally love paypal. I think that shit is kool.



Title: Re: god bless paypal
Post by: RodeoX on September 09, 2013, 04:06:00 PM
Earning interest on frozen funds seems to be part of their business model.
Avoid paypal, use bitcoin.
I think you are on to something here. The original business model PayPal was going to use had them making their money only on the float. Then came the fees and now apparently hostage taking.
Bitcoin for the win!  


Title: Re: god bless paypal
Post by: sublime5447 on September 09, 2013, 04:28:24 PM
This was totally justified on Paypals part. This was about protecting their customers from fraud. Nothing else.


Title: Re: god bless paypal
Post by: gadman2 on September 10, 2013, 07:01:00 AM
I don't understand the bad wrap against PayPal here. People simply don't understand that if you break their rules then you are at risk of losing your money. When you successfully create an account at PayPal without accepting their terms, then and only then do you have any right to bitch about PayPal for whatever reasons.


Title: Re: god bless paypal
Post by: GIANNAT on September 10, 2013, 07:24:35 AM

They let you send money for free!


I'm missing something here


Title: Re: god bless paypal
Post by: jackjack on September 10, 2013, 07:33:46 AM
I don't understand the bad wrap against PayPal here. People simply don't understand that if you break their rules then you are at risk of losing your money. When you successfully create an account at PayPal without accepting their terms, then and only then do you have any right to bitch about PayPal for whatever reasons.
How is fundraising my project against PayPal terms?


Title: Re: god bless paypal
Post by: hermann1983 on September 10, 2013, 07:51:02 AM
I don't understand the bad wrap against PayPal here. People simply don't understand that if you break their rules then you are at risk of losing your money. When you successfully create an account at PayPal without accepting their terms, then and only then do you have any right to bitch about PayPal for whatever reasons.

Something is wrong when they dont need court orders to be even able to chargeback transactions  :P

Avoid PayPal like plague


Title: Re: god bless paypal
Post by: sublime5447 on September 10, 2013, 03:14:45 PM

They let you send money for free!


I'm missing something here

You really are one else does it, though google wallet is supposed to start.. IT IS 100 % FREE FOR ME TO SEND FUNDS

In lots of countries they have a gift option an it is totally free.


Title: Re: god bless paypal
Post by: balanghai on September 10, 2013, 03:17:34 PM
soon enough more and more will use bitcoin because of the freedom issue than the service charge issue.


Title: Re: god bless paypal
Post by: Subud! on September 12, 2013, 01:45:35 AM
Paypal is only good for people in US, if you are not better use it for only small amount. I have a paypal before they asked me for passport and my bills still they freezed my account for 6 months.


Title: Re: god bless paypal
Post by: monbux on September 12, 2013, 01:54:31 AM
If there was ever a case to use Bitcoin I think this takes it!

http://www.arcticstartup.com/2013/09/05/paypal-freezes-mailpiles-crowdfunded-cash

Seems like it's every other day PayPal gets a bad write up. I hate them as a company and hope everyone else sees the light!

Paypal is paradise for buyers.  For sellers?  Not so much.


Title: Re: god bless paypal
Post by: Maidak on September 12, 2013, 02:52:20 PM
If there was ever a case to use Bitcoin I think this takes it!

http://www.arcticstartup.com/2013/09/05/paypal-freezes-mailpiles-crowdfunded-cash

Seems like it's every other day PayPal gets a bad write up. I hate them as a company and hope everyone else sees the light!

The only issues I've ever had with paypal was the tax forms and selling digital MMORPG goods..