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mewantsbitcoins
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May 01, 2011, 02:44:17 AM |
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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 |
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The Bitcoin software, network, and concept is called "Bitcoin" with a capitalized "B". Bitcoin currency units are called "bitcoins" with a lowercase "b" -- this is often abbreviated BTC.
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ADgordo
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Activity: 203
Merit: 10
The World’s First Blockchain Core
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May 01, 2011, 02:46:35 AM |
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Amazon Payments seems like a good plan
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kiba
Legendary
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Activity: 980
Merit: 1010
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May 01, 2011, 02:47:27 AM |
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This highlight the need for peer to peer network of bitcoin exchangers.
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proudhon
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Activity: 2170
Merit: 1254
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May 01, 2011, 02:51:25 AM |
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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. |
Bitcoin Fact: the price of bitcoin will not be greater than $18k for more than 10 consecutive days at any point in the next 2 years.
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shivansps
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May 01, 2011, 02:55:06 AM |
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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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TurboK
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May 01, 2011, 02:56:19 AM |
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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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12zJNWtM2HknS2EPLkT9QPSuSq1576aKx7 Tradehill viral bullshit code: TH-R114411 |
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TurboK
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May 01, 2011, 03:07:08 AM |
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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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12zJNWtM2HknS2EPLkT9QPSuSq1576aKx7 Tradehill viral bullshit code: TH-R114411 |
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TheShoura
Member
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Activity: 98
Merit: 10
Testing
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May 01, 2011, 03:08:19 AM |
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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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If you would like to send me a tip: 1HVGGWGWgHkyh9K8sntkZmXoiopX8Bsvv8
Security: 8452BCD9
ALWAYS gpg ident the person you're about to exchange with!
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mjsbuddha
Sr. Member
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Activity: 336
Merit: 250
yung lean
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May 01, 2011, 03:16:56 AM |
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Google checkout???
Why has Google Checkout not been suggested? Its the same damn thing as Paypal... isn't Google involved in BTC???
agreed |
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xf2_org
Member
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Activity: 98
Merit: 12
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May 01, 2011, 03:19:31 AM |
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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. |
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mjsbuddha
Sr. Member
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Activity: 336
Merit: 250
yung lean
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May 01, 2011, 03:24:02 AM |
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seriously, can someone not just sell "lollypops" at current exchange rates?
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TheShoura
Member
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Activity: 98
Merit: 10
Testing
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May 01, 2011, 03:36:37 AM |
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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 |
If you would like to send me a tip: 1HVGGWGWgHkyh9K8sntkZmXoiopX8Bsvv8
Security: 8452BCD9
ALWAYS gpg ident the person you're about to exchange with!
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mndrix (OP)
Michael Hendricks
VIP
Sr. Member
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Activity: 447
Merit: 258
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May 01, 2011, 03:41:31 AM |
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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. |
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njloof
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May 01, 2011, 03:45:23 AM |
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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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sherbetlemon
Newbie
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Activity: 6
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May 01, 2011, 03:45:53 AM |
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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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Littleshop
Legendary
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Activity: 1316
Merit: 1000
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May 01, 2011, 03:57:38 AM |
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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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Satori
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May 01, 2011, 04:07:50 AM |
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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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Satori
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May 01, 2011, 04:12:08 AM |
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With U.S. maintaining even stricter regulations than most countries, I wonder if overseas currency exchanges might be easier to implement.
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Meni Rosenfeld
Donator
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May 01, 2011, 04:30:33 AM |
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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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Anonymous
Guest
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May 01, 2011, 04:44:30 AM |
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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 ?  |
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