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Author Topic: Loan Needed - Paypal Screwed Me Over  (Read 1552 times)
Ryland R. Taylor-Almanza
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June 02, 2011, 04:40:50 PM
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Long story short, Paypal screwed me over and I need a loan of $70. I decided to ask the bitoin community because I've established a pretty good reputation here. I have a good rating on OTC, and a lot of people here can vouch for me. I can't tell you how soon I will repay you, but I will repay you. I would prefert you allow me to pay you in equity to USD, because Bitcoin prices may rise in which case  would be extremely had to pay ou back. I'm willing to pay a reasonable interest if requested. Let me now if you're interested.
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FlyingFlapjack
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June 04, 2011, 01:19:46 PM
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Sounds dreadful, chap. Personally, I can't help you at the moment with anything but a thread bump. Hopefully you've worked something out already?

I'm curious though...if you wouldn't mind elaborating a bit more on the long story short part?

Like many newcomers here, I've been trying to get my head around all things Bitcoin lately.

One of my preliminary conclusions is that Paypal is probably the big fish with the most to lose from Bitcoin's success in the relatively short run. As in, if there are reliable enough exchanges and the overall fees are lower than Paypal's fees(and I'm pretty sure they are), then why pay Paypal higher fees for transactions? What's really eyebrow raising here to me is that the whole 'anonymity' angle is rather tangential. There's a lot of legal commerce out there that would like to duck transaction fees if it were easy and reliable and safe enough etc.

Was it a case of a buyer doing a charge back? Or something different, like some variety of Paypal screwing with you because they realized it was a Bitcoin related transaction?

I'm guessing the Paypal folks are probably watching the Bitcoin story with growing revulsion and will try to fight it any way they can, if and when they feel like they have to...perhaps they will even try to adapt before it's too late for them.

Anyways, so that's why I'm curious to hear a bit more specifically what you're dealing with.

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njloof
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June 04, 2011, 03:46:11 PM
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Also, Bitcoin has brought a lot of users to Dwolla, which looks to be able to give PayPal a run for its money. I would dearly love to see PayPal face some real competition in the person-to-person payment arena. (They already have decent competition in business payments from amazon and google.)
dottom
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February 19, 2014, 08:27:28 AM
 #4

Paypal screwed me over for 15x that.  Staying away from Paypal for anything even remotely related to BTC.  In fact, you could say any non-tangible good (like online services) you need to stay away from Paypal.
waqas
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February 19, 2014, 02:44:58 PM
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I think you need to transfer this thread in Lending section then you have some better feedback

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February 19, 2014, 05:06:13 PM
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Yes, this should be at lending section

Caesium
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February 19, 2014, 05:13:28 PM
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Thread is nearly 3 years old.

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Ryland R. Taylor-Almanza
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February 20, 2014, 10:12:24 PM
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Haha, yeah. how did you even find this thread? This issue was resolved way long ago!
OlliBrandt80
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February 21, 2014, 12:33:51 PM
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Sorry th hear about it. Can't help you right now. Wish you good luck and that's not only you who was screwed by a paypal

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February 21, 2014, 12:43:46 PM
 #10

Sorry th hear about it. Can't help you right now. Wish you good luck and that's not only you who was screwed by a paypal
lol.. this thread was posted on
Quote
June 02, 2011, 04:40:50 PM
i'm sure OP don't need any kind of loan now, because 2011-2014 bitcoin rate raised sky high nd i hope he had few btc @ that point of time..!

waqas
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February 21, 2014, 02:12:47 PM
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Sorry th hear about it. Can't help you right now. Wish you good luck and that's not only you who was screwed by a paypal
lol.. this thread was posted on
Quote
June 02, 2011, 04:40:50 PM
i'm sure OP don't need any kind of loan now, because 2011-2014 bitcoin rate raised sky high nd i hope he had few btc @ that point of time..!
dottom bumb this and my mistake without checking date I post for transfer of lending but its good joke  Wink

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February 21, 2014, 04:27:07 PM
 #12

Haha, yeah. how did you even find this thread? This issue was resolved way long ago!
Haha. 3 years old

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