Bitcoin Forum

Bitcoin => Project Development => Topic started by: TheBitMan on March 19, 2012, 10:28:16 PM



Title: TheBitMint - Buy Bitcoins With PayPal
Post by: TheBitMan on March 19, 2012, 10:28:16 PM
I think my reputation is good enough that everyone here trusts me to run this site. Here it is.
http://bitmint.weebly.com/



Title: Re: I'm back..plus new site
Post by: bbit on March 19, 2012, 10:36:18 PM
uh oh he's back ..... :o    here come the hundreds of sites haha


Title: Re: I'm back..plus new site
Post by: TheBitMan on March 19, 2012, 10:42:05 PM
uh oh he's back ..... :o    here come the hundreds of sites haha
lol I have school now so no..I have drifted away from it a lot but this is something I always wanted to do. the new site is buying mini bitcoins (less than 1.00 btc) through paypal. I know the whole story btw everyone lets not get into how paypal doesn't do bitcoin..


Title: Re: I'm back..plus new site
Post by: TheBitMan on March 20, 2012, 12:04:29 AM
Never mind I somehow lost my btc since i last used my wallet my accounts are all messed up..there was only like 2 btc..oh well i wont be back for a while again lol


Title: Re: Buy Mini Bitcoins With PayPal LIVE
Post by: TheBitMan on March 20, 2012, 09:41:48 PM
Site up now **quantity is limited**
for those wondering I found my btc lol


Title: Re: Buy Mini Bitcoins With PayPal LIVE
Post by: TheBitMan on March 21, 2012, 07:17:35 PM
Does anyone know how to avoid the PayPal fees? It's taking like half the profit.


Title: Re: Buy Mini Bitcoins With PayPal LIVE
Post by: HostFat on March 22, 2012, 12:09:55 AM
Try with the "Mass Payment".
http://www.dnforum.com/f34/how-do-paypal-mass-pay-payments-avoid-fees-read-learn-thread-266771.html

You can do it only with Premier/Businesss account.


Title: Re: Buy Mini Bitcoins With PayPal LIVE
Post by: TheBitMan on March 22, 2012, 01:50:15 AM
Try with the "Mass Payment".
http://www.dnforum.com/f34/how-do-paypal-mass-pay-payments-avoid-fees-read-learn-thread-266771.html

You can do it only with Premier/Businesss account.
That's for paying people, I'm receiving.


Title: Re: Buy Mini Bitcoins With PayPal LIVE
Post by: TheBitMan on March 22, 2012, 01:53:50 AM
I barely coming out even here...


Title: Re: Buy Mini Bitcoins With PayPal LIVE
Post by: stochastic on March 22, 2012, 02:39:52 AM
I barely coming out even here...
raise your rate.


Title: Re: Buy Mini Bitcoins With PayPal LIVE
Post by: TheBitMan on March 22, 2012, 06:54:18 PM
I barely coming out even here...
raise your rate.
I think I might have to. I don't want to over charge but I realized PayPal is taking 30 cents plus 3% or something like that each.


Title: Re: Buy Mini Bitcoins With PayPal LIVE
Post by: TheBitMan on March 22, 2012, 07:01:30 PM
I applied for PayPal micro payments, this actually might make the prices cheaper. I have to wait two business days, so I will know by Monday.


Title: Re: Buy Mini Bitcoins With PayPal LIVE
Post by: mcorlett on March 22, 2012, 07:30:52 PM
This service is doomed to fail for a very simple reason: it has to charge high fees. Legitimate users are generally not willing to pay high fees, but scammers always are since it's not their money.

Thus most users of this service will inevitably be scammers, and the business will collapse -- possibly while holding your money. As such, I strongly recommend against using it.


Title: Re: Buy Mini Bitcoins With PayPal LIVE
Post by: TheBitMan on March 22, 2012, 07:33:48 PM
This service is doomed to fail for a very simple reason: it has to charge high fees. Legitimate users are generally not willing to pay high fees, but scammers always are since it's not their money.

Thus most users of this service will inevitably be scammers, and the business will collapse -- possibly while holding your money. As such, I strongly recommend against using it.
I'm lowering my prices and I am going to be making more than I am when the PayPal micro payment thing falls through. I also have a user agreement...it can't stop any body but legally I don't see why anyone would take the risk.


Title: Re: Buy Mini Bitcoins With PayPal LIVE
Post by: Matthew N. Wright on March 22, 2012, 07:37:34 PM
I thought PayPal didn't accept Bitcoin?
With payments as small as these PayPal doesn't care.

Umm. I'm just going to leave that here.

@OP: As a teenager, I really think you should consult adults before going into business ventures like this. If I cared to, I could scam the holy fuck out of you and empty your entire wallet with hundreds of fake Paypal accounts.

While you would think your service is legitimately growing in popularity, in fact you are just being scammed.


Also, I don't care what you think or say or what poorly crafted paragraph you have for a user agreement, selling Bitcoins is against Paypal's TOS. They do care. Stop lying.


Title: Re: Buy Mini Bitcoins With PayPal LIVE
Post by: TheBitMan on March 22, 2012, 08:01:56 PM
I thought PayPal didn't accept Bitcoin?
With payments as small as these PayPal doesn't care.

Umm. I'm just going to leave that here.

@OP: As a teenager, I really think you should consult adults before going into business ventures like this. If I cared to, I could scam the holy fuck out of you and empty your entire wallet with hundreds of fake Paypal accounts.

While you would think your service is legitimately growing in popularity, in fact you are just being scammed.


Also, I don't care what you think or say or what poorly crafted paragraph you have for a user agreement, selling Bitcoins is against Paypal's TOS. They do care. Stop lying.
Aren't you the forum troll?


Title: Re: Buy Mini Bitcoins With PayPal LIVE
Post by: Matthew N. Wright on March 22, 2012, 08:03:07 PM
I thought PayPal didn't accept Bitcoin?
With payments as small as these PayPal doesn't care.

Umm. I'm just going to leave that here.

@OP: As a teenager, I really think you should consult adults before going into business ventures like this. If I cared to, I could scam the holy fuck out of you and empty your entire wallet with hundreds of fake Paypal accounts.

While you would think your service is legitimately growing in popularity, in fact you are just being scammed.


Also, I don't care what you think or say or what poorly crafted paragraph you have for a user agreement, selling Bitcoins is against Paypal's TOS. They do care. Stop lying.
Aren't you the forum troll?

Are you saying you disagree?


Title: Re: Buy Mini Bitcoins With PayPal LIVE
Post by: TheBitMan on March 22, 2012, 08:48:54 PM
I thought PayPal didn't accept Bitcoin?
With payments as small as these PayPal doesn't care.

Umm. I'm just going to leave that here.

@OP: As a teenager, I really think you should consult adults before going into business ventures like this. If I cared to, I could scam the holy fuck out of you and empty your entire wallet with hundreds of fake Paypal accounts.

While you would think your service is legitimately growing in popularity, in fact you are just being scammed.


Also, I don't care what you think or say or what poorly crafted paragraph you have for a user agreement, selling Bitcoins is against Paypal's TOS. They do care. Stop lying.
Aren't you the forum troll?

Are you saying you disagree?
You make it sound like all I am going to do is get scammed.. I already had over 4 purchases and they all went fine


Title: Re: Buy Mini Bitcoins With PayPal LIVE
Post by: Matthew N. Wright on March 22, 2012, 08:52:36 PM
You make it sound like all I am going to do is get scammed.. I already had over 4 purchases and they all went fine

You're not familiar with Paypal, are you?

The people who bought from you can at any time in the next few months say they never received anything from you, get a complete refund with no questions asked, and upon mentioning it was for Bitcoins, your account gets locked down.


Title: Re: Buy Mini Bitcoins With PayPal LIVE
Post by: TheBitMan on March 22, 2012, 08:54:20 PM
You make it sound like all I am going to do is get scammed.. I already had over 4 purchases and they all went fine

You're not familiar with Paypal, are you?

The people who bought from you can at any time in the next few months say they never received anything from you, get a complete refund with no questions asked, and upon mentioning it was for Bitcoins, your account gets locked down.
I know that.


Title: Re: Buy Mini Bitcoins With PayPal LIVE
Post by: mcorlett on March 22, 2012, 08:54:55 PM
I already had over 4 purchases and they all went fine
The scammers are obviously going to try and remain inconspicuous and seem legitimate for as long as they can to amass as many bitcoins as possible before the PayPal account owner reports the intrusion, or they themselves start initiating the chargebacks.


Title: Re: Buy Mini Bitcoins With PayPal LIVE
Post by: Matthew N. Wright on March 22, 2012, 09:31:45 PM
I already had over 4 purchases and they all went fine
The scammers are obviously going to try and remain inconspicuous and seem legitimate for as long as they can to amass as many bitcoins as possible before the PayPal account owner reports the intrusion, or they themselves start initiating the chargebacks.

Yep.

Remember back when "Mr. Coin" was on here arguing with me and claiming that his business would succeed even though it was based around Paypal?

Remember how quickly he got shut down?

 :D


Title: Re: Buy Mini Bitcoins With PayPal LIVE
Post by: ildubbioso on March 23, 2012, 09:07:49 AM
yesterday i bought 0.80 bitcoin. Now i can't buy them anymore. What's happening?


Title: Re: Buy Mini Bitcoins With PayPal LIVE
Post by: FreeMoney on March 23, 2012, 05:37:36 PM
yesterday i bought 0.80 bitcoin. Now i can't buy them anymore. What's happening?

I dunno if he does, but he ought limit it to that or lower per month.


Title: Re: Buy Mini Bitcoins With PayPal LIVE
Post by: TheBitMan on March 23, 2012, 06:40:59 PM
yesterday i bought 0.80 bitcoin. Now i can't buy them anymore. What's happening?
I put a limit on it. Fixing it now.


Title: Re: Buy Mini Bitcoins With PayPal LIVE
Post by: ildubbioso on March 23, 2012, 11:32:16 PM
yesterday i bought 0.80 bitcoin. Now i can't buy them anymore. What's happening?
I put a limit on it. Fixing it now.

Thank you  :) I hope this project will continue to work.


Title: Re: Buy Mini Bitcoins With PayPal LIVE
Post by: TheBitMan on March 24, 2012, 10:36:37 PM
10% off only for the next 3 hours!
extremely limited quantity!


Title: Re: Buy Mini Bitcoins With PayPal LIVE
Post by: TheBitMan on April 06, 2012, 07:32:05 PM
Just updated it a little bit. New security feature to help stop fraud. Also lowered the top amount from .20 to .15 so now the options go in order 5,10,15...


Title: Re: Buy Mini Bitcoins With PayPal LIVE
Post by: TheBitMan on April 06, 2012, 08:07:28 PM
please use this thread in the future:https://bitcointalk.org/index.php?topic=72060.msg838971#msg838971 (https://bitcointalk.org/index.php?topic=72060.msg838971#msg838971)


Title: Re: Buy Mini Bitcoins With PayPal LIVE
Post by: TheBitMan on April 06, 2012, 09:05:56 PM
selling feature now added!


Title: Re: Buy And Sell Mini Bitcoins With PayPal LIVE
Post by: TheBitMan on May 28, 2012, 03:03:58 AM
updated with larger amounts!


Title: Re: Buy And Sell Mini Bitcoins With PayPal
Post by: TheBitMan on June 14, 2012, 11:33:04 PM
site completed updated since last time i posted on here


Title: Re: Buy And Sell Bitcoins With PayPal
Post by: TheBitMan on June 20, 2012, 10:12:50 PM
Max amount per person updated to 15 btc a day


Title: Re: TheBitMint - Buy And Sell Bitcoins With PayPal
Post by: TheBitMan on June 27, 2012, 12:14:40 AM
big updates coming soon!


Title: Re: TheBitMint - Buy And Sell Bitcoins With PayPal
Post by: TheBitMan on June 27, 2012, 08:49:52 PM
Full update is now complete. Lowered price per coin and new way to sell!


Title: Re: TheBitMint - Buy Bitcoins With PayPal
Post by: TheBitMan on July 01, 2012, 02:37:12 PM
big problem with paypal right now please go to this thread https://bitcointalk.org/index.php?topic=83679.0 for updates