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Author Topic: WTF coinurl  (Read 5075 times)
Lurk (OP)
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December 07, 2012, 06:30:37 PM
 #21

CoinURL
   
1:26 PM (4 minutes ago)
      
to me
Oh sorry, I just forgot to update the page when introduced fee. Thank you for the bug report, now fixed.

In the ToS:
Commission fees
CoinURL reserve the right to charge any commission fee without notice to any user in its sole discretion.

P.S. May be you have heard "There are no free lunches", so don't be naive to think free services will be offered forever.
It was just a temporary promo campaign at the CoinURL launch when we charged no commissions, but now it expired.


thats great
greyhawk
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December 07, 2012, 06:31:32 PM
 #22

So you now have this in your TOS:

Quote
CoinURL reserve the right to charge any commission fee without notice to any user in its sole discretion.

I'm pretty sure that's not legal.
SgtSpike
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December 07, 2012, 06:35:36 PM
 #23

When I have introduced this commission fee, I updated "Withdraw" page but just forgot to update info on front page and FAQ.
I am really sorry for the inconvenience you have experienced. Now all docs updated.
So now it doesn't say anything anywhere on your site to tell users that you charge a 25% withdrawal fee?  Nice, real classy...
giantdragon
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December 07, 2012, 06:36:54 PM
 #24

greyhawk, This commission was introduced about a month ago and was shown on the "Withdraw" page as "compulsory donation". I never concealed it.

P.S. Now I explicitly named it "commission fee" and wrote about it on main page and FAQ. There is no more indefiniteness.
Rudd-O
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December 07, 2012, 06:37:43 PM
 #25

25% mandatory donation on withdrawals?   I spend .2btc advertising to make  .02btc   and if i withdraw you want a minimum of 25% WTF

Well, at least they don't put you in a cage if you refuse to "donate".
greyhawk
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December 07, 2012, 06:39:52 PM
 #26

greyhawk, This commission was introduced about a month ago and was shown on the "Withdraw" page as "compulsory donation". I never concealed it.


I'm not talking about concealing things. I'm talking about this

Quote
CoinURL reserve the right to charge any commission fee without notice to any user in its sole discretion.

aka "I can charge whomever I want whenever I want whatever the hell I want."

You can write that in your TOS all you want. Still won't make it legal.
giantdragon
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December 07, 2012, 06:40:00 PM
 #27

So now it doesn't say anything anywhere on your site to tell users that you charge a 25% withdrawal fee?  Nice, real classy...
What? Really nowhere?

Lurk (OP)
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December 07, 2012, 06:41:10 PM
 #28

you just added that ten minutes ago
SgtSpike
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December 07, 2012, 06:41:15 PM
 #29

greyhawk, This commission was introduced about a month ago and was shown on the "Withdraw" page as "compulsory donation". I never concealed it.

P.S. Now I explicitly named it "commission fee" and wrote about it on main page and FAQ. There is no more indefiniteness.
I'm sorry, but I don't find the word "commission" anywhere on the front page or FAQ.

So now it doesn't say anything anywhere on your site to tell users that you charge a 25% withdrawal fee?  Nice, real classy...
What? Really nowhere?


Nowhere that a user can see prior to signing up!  Again, real classy.

You need to tell people your fees UP FRONT BEFORE they sign up.
greyhawk
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December 07, 2012, 06:44:22 PM
 #30

Jesus Christ, this is getting worse every minute.

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CoinURL does not guarantee the return of funds from account balance.

What the hell, son?
Rudd-O
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December 07, 2012, 06:46:02 PM
 #31

This whole disaster is a lesson in how not to generate trust in your users and consumers.
giantdragon
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December 07, 2012, 06:46:19 PM
 #32

Just updated FAQ:
Quote
What is the minimum amount that can be deposited or withdrawn? What is the commission rate?
There are no limits to deposits and withdrawals. Withdrawal commission is 25%.

You can write that in your TOS all you want. Still won't make it legal.
It is absolutely legal and is a common business practice used by major ad networks. Read Google AdSense ToS:
Quote
Google may change its pricing and/or payment structure at any time.
https://www.google.com/adsense/localized-terms
giantdragon
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December 07, 2012, 06:49:11 PM
 #33

Jesus Christ, this is getting worse every minute.

Quote
CoinURL does not guarantee the return of funds from account balance.

What the hell, son?
This is just a legal thing to protect against lawsuits in case of some catastrophic event. Under normal conditions it will never happen, down worry! Many companies include "No warranty" clause in their ToS, it is a common business practice.
caffeinewriter
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December 07, 2012, 06:55:22 PM
 #34

Jesus Christ, this is getting worse every minute.

Quote
CoinURL does not guarantee the return of funds from account balance.

What the hell, son?
This is just a legal thing to protect against lawsuits in case of some catastrophic event. Under normal conditions it will never happen, down worry! Many companies include "No warranty" clause in their ToS, it is a common business practice.

So say I deposit X Bitcoins, and somewhere down the road, I cancel my ad campaign with only a small fraction of that lost. So you're saying, you guarantee me %25 percent loss on any funds I actually want back?

Lurk (OP)
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December 07, 2012, 06:56:57 PM
 #35

you cant withdraw your deposits...only your earnings.....minus 25%
giantdragon
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December 07, 2012, 06:59:22 PM
 #36

Managing CPC advertising network requires a lot of work due to various methods of cheating from publishers and consumes a lot of server resources for the targeting options. Therefore it is just IMPOSSIBLE to provide service like CoinURL (or any other AdSense analog) without commission fees. If you want lower commission fees just choose pay-per-day model like Operation Fabulous offer, it can work on very tiny commission.
caffeinewriter
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December 07, 2012, 07:04:49 PM
 #37

you cant withdraw your deposits...only your earnings.....minus 25%

Even better! That way there's no way for me to decide to move my campaign to a competitor!

Managing CPC advertising network requires a lot of work due to various methods of cheating from publishers and consumes a lot of server resources for the targeting options. Therefore it is just IMPOSSIBLE to provide service like CoinURL (or any other AdSense analog) without commission fees. If you want lower commission fees just choose pay-per-day model like Operation Fabulous offer, it can work on very tiny commission.

Sounds good Roll Eyes OpFab here I come! I understand you need some commissions, but %25 sounds pretty ridiculous for a Bitcoin-based service. Sorry Roll Eyes

Lurk (OP)
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December 07, 2012, 07:06:53 PM
 #38

I'm switching also
greyhawk
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December 07, 2012, 07:07:20 PM
 #39

Imma charging everyone who reads this post a 0.1 BTC fee for, you know, maintainance and stuff.

If you don't want to pay the fee, you shouldn't have read the post.

Now hop to it, adress is in the sig.
ingrownpocket
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December 07, 2012, 07:09:04 PM
 #40

you cant withdraw your deposits...only your earnings.....minus 25%

Even better! That way there's no way for me to decide to move my campaign to a competitor!

Of course you cannot do that, just think about the referral commissions.

Stop being a douche, not everything about CoinURL is bad, in fact, the only complain I have with them is that 25% fee.
Have you actually tried their service? Or are you just going with the wave?


Imma charging everyone who reads this post a 0.1 BTC fee for, you know, maintainance and stuff.

If you don't want to pay the fee, you shouldn't have read the post.

Now hop to it, adress is in the sig.
You actually started with helpful comments but now you're just acting like a troll.
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