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Author Topic: Now PayPal accounts can be funded with Bitcoin  (Read 4701 times)
GermanGiant (OP)
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October 15, 2015, 04:22:35 PM
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Coinimal, a Vienna based company, now allowing PayPal EUR accounts to be funded with Bitcoin & NXT.

https://www.coinimal.com/trades/sell/paypal
pereira4
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October 15, 2015, 04:24:45 PM
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Coinimal, a Vienna based company, now allowing PayPal EUR accounts to be funded with Bitcoin & NXT.

https://www.coinimal.com/trades/sell/paypal

I don't get this. How did they achieve this? Is this official support of PayPal to bitcoin, or is it done through some 3rd party method?
Why isn't PayPal accepting Bitcoin directly already? I want to be able to buy anything on ebay with Bitcoin, im tired of the PayPal bullshit.
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October 15, 2015, 04:28:53 PM
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is this an early April fools joke? i'm not buying this story, there must be something wrong there, paypal and bitcoin can't work together
brg444
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October 15, 2015, 04:31:30 PM
 #4

This is so ass backward I don't even....

"I believe this will be the ultimate fate of Bitcoin, to be the "high-powered money" that serves as a reserve currency for banks that issue their own digital cash." Hal Finney, Dec. 2010
GermanGiant (OP)
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October 15, 2015, 04:33:58 PM
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I don't get this. How did they achieve this? Is this official support of PayPal to bitcoin, or is it done through some 3rd party method?
It seems Coinimal is the third party here. They are playing the same role of BitPay here.
Guido
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October 15, 2015, 04:35:02 PM
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I smell a scam

I am Bonkers BTW
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doublemore
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October 15, 2015, 04:36:11 PM
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Coinimal, a Vienna based company, now allowing PayPal EUR accounts to be funded with Bitcoin & NXT.

https://www.coinimal.com/trades/sell/paypal

Hmmm why only EUR its very possible i would use a service if it funded other currencies like GBP.
GermanGiant (OP)
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October 15, 2015, 04:39:07 PM
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Coinimal, a Vienna based company, now allowing PayPal EUR accounts to be funded with Bitcoin & NXT.

https://www.coinimal.com/trades/sell/paypal

Hmmm why only EUR its very possible i would use a service if it funded other currencies like GBP.
It seems EUR is the base currency here as Coinimal, being registered in Vienna, is licensed for that only. To fund other currency accounts, there will most likely be forex charges.
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October 15, 2015, 04:40:41 PM
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Coinimal, a Vienna based company, now allowing PayPal EUR accounts to be funded with Bitcoin & NXT.

https://www.coinimal.com/trades/sell/paypal

Very good news but PayPal is with delay. Payza already offer this service since much time before. I think it is a smart move of PayPal because if acted otherwise to many of the work or its customers would goes with Payza. Even the reputation of PayPal is way better than Payza. Bitcoin is a reality and have its users. All those it would choose Payza. Hope that this service will be worldwide and with to many other currencies.
DarkHyudrA
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English <-> Portuguese translations


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October 15, 2015, 04:44:59 PM
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F*ck PayPal and any ways to fund the account.
Gladly almost no use this here, and don't need to pay 9~10% fee.

English <-> Brazilian Portuguese translations
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October 15, 2015, 04:46:05 PM
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Paypal? Bitcoin? I smell bull on this one. Paypal wouldn't integrate bitcoin into their system unless some miracle happens. Is the source of this news credible?
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October 15, 2015, 04:46:56 PM
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Coinimal, a Vienna based company, now allowing PayPal EUR accounts to be funded with Bitcoin & NXT.



Very good news but PayPal is with delay. Payza already offer this service since much time before. I think it is a smart move of PayPal because if acted otherwise to many of the work or its customers would goes with Payza. Even the reputation of PayPal is way better than Payza. Bitcoin is a reality and have its users. All those it would choose Payza. Hope that this service will be worldwide and with to many other currencies.

I agree when it delays how the rate is still valid.
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October 15, 2015, 04:56:55 PM
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I smell a scam

probably big fees or other shady thing that are not mentioned as usual, like credentials or very long wait for confirmation(not bitcoin) and crap like that
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October 15, 2015, 05:13:33 PM
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Tread carefully with this one, there will no doubt be some charges involved. 
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October 15, 2015, 05:20:00 PM
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I don't see any benefit as long as PayPal allows reversible transaction.I am happy with use of Bitcoin and need not to use third party services to fund my PayPal account.It may be helpful for some people here.


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franky1
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October 15, 2015, 05:23:42 PM
 #16

many services have offered this in the past. you can even find localbitcoin people offering it.. nothing new..

I DO NOT TRADE OR ACT AS ESCROW ON THIS FORUM EVER.
Please do your own research & respect what is written here as both opinion & information gleaned from experience. many people replying with insults but no on-topic content substance, automatically are 'facepalmed' and yawned at
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October 15, 2015, 05:36:37 PM
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many services have offered this in the past. you can even find localbitcoin people offering it.. nothing new..

Yes that is same like but that is risky cause of shady behavior of Paypal i won't use this service it could create some problem.
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October 15, 2015, 05:36:52 PM
 #18

I don't see any benefit as long as PayPal allows reversible transaction.I am happy with use of Bitcoin and need not to use third party services to fund my PayPal account.It may be helpful for some people here.

My thoughts exactly. If its reversibly then it will be nothing but a fiasco.
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October 15, 2015, 05:43:36 PM
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It was more interesting news if you were saying now you can buy Bitcoin using your PayPal accounts.PayPal has lived its life and is already outdated because it doesn't compliance with modern needs.
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October 15, 2015, 05:56:38 PM
 #20

It was more interesting news if you were saying now you can buy Bitcoin using your PayPal accounts.PayPal has lived its life and is already outdated because it doesn't compliance with modern needs.



The paypal link:

https://www.paypal.com/webapps/mpp/paymentshub
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