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Author Topic: CoinPal beta - Buying bitcoins with PayPal  (Read 170531 times)
mewantsbitcoins
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May 01, 2011, 02:44:17 AM
 #241

Paypal has just generated lots of publicity for it's arch enemy bitcoin and it is even not bad publicity. They dig their own grave.


They dug their grave along with governments when they cut off Wikileaks funds. Now it's just the last nails into the coffin
ADgordo
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May 01, 2011, 02:46:35 AM
 #242

Amazon Payments seems like a good plan

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kiba
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May 01, 2011, 02:47:27 AM
 #243


This highlight the need for peer to peer network of bitcoin exchangers.

proudhon
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May 01, 2011, 02:51:25 AM
 #244

Paypal has just generated lots of publicity for it's arch enemy bitcoin and it is even not bad publicity. They dig their own grave.


They dug their grave along with governments when they cut off Wikileaks funds. Now it's just the last nails into the coffin

I'm a little worried that the anons will catch wind of this little scuffle and initiate an all out war with PayPal, which could end up bringing negative press to bitcoin.

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May 01, 2011, 02:55:06 AM
 #245

The big problem is non-US Users... for example i actually NEED the money on PP, so i can transfer it to Payoneer card so i can go to the ATM...

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May 01, 2011, 02:56:19 AM
 #246

Sucks that this had to go, it was so simple to use. I never could get the hang of the ridiculous chain you needed from mtgox to libertyreserve to who-knows-what.

mtgox can do direct bank transfers in EUR though, can't it? I suppose that would be even simpler if it works, since it cuts off paypal as the middleman.

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TurboK
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May 01, 2011, 03:07:08 AM
 #247

No, it's down here as well. I wish I could see current buy/sell rate, see if it broke 4.0 or if it went back under 3 now.

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TheShoura
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May 01, 2011, 03:08:19 AM
 #248

Google checkout???

Why has Google Checkout not been suggested? Its the same damn thing as Paypal... isn't Google involved in BTC???

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mjsbuddha
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May 01, 2011, 03:16:56 AM
 #249

Google checkout???

Why has Google Checkout not been suggested? Its the same damn thing as Paypal... isn't Google involved in BTC???

agreed
xf2_org
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May 01, 2011, 03:19:31 AM
 #250

Google checkout???

Why has Google Checkout not been suggested? Its the same damn thing as Paypal... isn't Google involved in BTC???

Search the forums.  Google Checkout has already rejected bitcoin.

mjsbuddha
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May 01, 2011, 03:24:02 AM
 #251

seriously, can someone not just sell "lollypops" at current exchange rates?
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May 01, 2011, 03:36:37 AM
 #252

Google checkout???

Why has Google Checkout not been suggested? Its the same damn thing as Paypal... isn't Google involved in BTC???

Search the forums.  Google Checkout has already rejected bitcoin.



Searched and found it. Thanks
For the record, amazon payments also is out of the question

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mndrix (OP)
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May 01, 2011, 03:41:31 AM
 #253

Thanks to those who have expressed appreciation for CoinPal and CoinCard.  I'll consider all the recommendations made here about PayPal alternatives, etc.  I won't pursue a lawsuit against PayPal.  Whatever publicity might be had for Bitcoin, I won't obtain it that way.

I was reminded of PayPal's blog post about Bitcoin.  It was two days later that PayPal contacted me and suggested ways to improve CoinPal so that I avoided chargebacks and reduced PayPal fees.  I would be intrigued to hear the board room discussions at PayPal that happened then and the ones that have happened this week.  Somewhere along the way, they lost courage in this experiment.

I agree with xf2_org's sentiment.  Someday, when people are depositing Bitcoins into their PayPal accounts, we'll look back at this time and chuckle.  It'll be a fun ride.
njloof
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May 01, 2011, 03:45:23 AM
 #254

I'm more than happy to say nasty things about PayPal on general principles, but I wonder if they see bitcoin as a potential threat to their business.
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May 01, 2011, 03:45:53 AM
 #255

I was using coinpal and gutted that it is frozen... I would try Alertpay they are used by some adult services etc. and seem to deal more with fringe type business also there is Moneybookers, but think this is mainly Europe, suits me as I'm in the UK
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May 01, 2011, 03:57:38 AM
 #256

Thanks to those who have expressed appreciation for CoinPal and CoinCard.  I'll consider all the recommendations made here about PayPal alternatives, etc.  I won't pursue a lawsuit against PayPal.  Whatever publicity might be had for Bitcoin, I won't obtain it that way.


Why don't you allow for sending checks or ACH for people in the USA.  You would make more profit due to no paypal fees on your end.  Sure, not everyone wants that, but it would work for some.

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May 01, 2011, 04:07:50 AM
 #257

I'm more than happy to say nasty things about PayPal on general principles, but I wonder if they see bitcoin as a potential threat to their business.


In that context, PayPal's attempted rejection of BitCoin makes an even stronger case against them.
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May 01, 2011, 04:12:08 AM
 #258

With U.S. maintaining even stricter regulations than most countries, I wonder if overseas currency exchanges might be easier to implement.
Meni Rosenfeld
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May 01, 2011, 04:30:33 AM
 #259

This is absolutely dreadful! Especially wrt CoinCard. How are we supposed to convince mainstream shops and organizations to accept bitcoins now?

mndrix, thank you for making available this wonderful service while it lasted.

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May 01, 2011, 04:44:30 AM
 #260

I think alertpay has a tos section about not using it for ecurrency exchange.



What if we came up with a code word for bitcoins and called then carrots....

Would paypal stop you selling carrots at carrotpal ?
 Cheesy


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