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Author Topic: If there is a new trusted exchange that takes PayPal, is Mt Gox in danger?  (Read 1262 times)
gabgab (OP)
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June 07, 2011, 02:24:59 PM
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just curious if people would flock to there?
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barbarousrelic
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June 07, 2011, 02:33:46 PM
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Paypal is not likely to be accepted at any exchange for the reasons stated here:

https://en.bitcoin.it/wiki/FAQ#Can_I_buy_Bitcoins_with_Paypal?

I do wish there was another solid competitor to mtgox.

Do not waste your time debating whether Bitcoin can work. It does work.

"Early adopters will profit" is not a sufficient condition to classify something as a pyramid or Ponzi scheme. If it was, Apple and Microsoft stock are Ponzi schemes.

There is no such thing as "market manipulation." There is only buying and selling.
TraderTimm
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June 07, 2011, 02:34:40 PM
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just curious if people would flock to there?

If gabgab's keyboard broke, would all these troll threads finally disappear?

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SlaveInDebt
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June 07, 2011, 02:35:08 PM
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Wouldn't use a paypal service anyhow, don't care for people monitoring and controlling my money how ever they see fit.

"A banker is a fellow who lends you his umbrella when the sun is shining, but wants it back the minute it begins to rain." - Mark Twain
matonis
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June 07, 2011, 03:49:54 PM
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It is prohibited by PayPal's Acceptable Use Policy (IMHO, a flawed policy).

See: PayPal Freezes Accounts of Two Bitcoin Exchangers
http://themonetaryfuture.blogspot.com/2011/05/paypal-freezes-accounts-of-two-bitcoin.html

Founding Director, Bitcoin Foundation
I also cover the bitcoin economy for Forbes, American Banker, PaymentsSource, and CoinDesk.
Danny Crane
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June 07, 2011, 05:54:25 PM
 #6

Must have some one in this forum works in Paypal, ask him.
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