Bitcoin Forum
December 07, 2016, 08:41:52 AM *
News: To be able to use the next phase of the beta forum software, please ensure that your email address is correct/functional.
 
   Home   Help Search Donate Login Register  
Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 13 14 [15] 16 17 18 19 20 »  All
  Print  
Author Topic: CoinPal beta - Buying bitcoins with PayPal  (Read 144062 times)
joepie91
Sr. Member
****
Offline Offline

Activity: 294


View Profile
May 01, 2011, 11:48:13 AM
 #281

From the little I understand, I don't think mndrix's service can scale very well unless he can exchange in both directions.

Reloadable debit cards come to mind, though you have the problem of getting one into someone's hands.
Yes, but that would partly be solved by accepting Ukash/PSC/Wallie/Creditcard, and giving out gift cards for various different stores plus potentially VCCs.

Like my post(s)? 12TSXLa5Tu6ag4PNYCwKKSiZsaSCpAjzpu Smiley
Quote from: hawks5999
I just can't wait for fall/winter. My furnace never generated money for me before. I'll keep mining until my furnace is more profitable.
1481100112
Hero Member
*
Offline Offline

Posts: 1481100112

View Profile Personal Message (Offline)

Ignore
1481100112
Reply with quote  #2

1481100112
Report to moderator
1481100112
Hero Member
*
Offline Offline

Posts: 1481100112

View Profile Personal Message (Offline)

Ignore
1481100112
Reply with quote  #2

1481100112
Report to moderator
1481100112
Hero Member
*
Offline Offline

Posts: 1481100112

View Profile Personal Message (Offline)

Ignore
1481100112
Reply with quote  #2

1481100112
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
Rabiesekorre
Newbie
*
Offline Offline

Activity: 1


View Profile
May 01, 2011, 12:51:08 PM
 #282

This really sux, this was my only way to sell bitcoins. I really hope you get coincard back up soon.
JackSparrow
Member
**
Offline Offline

Activity: 116



View Profile
May 01, 2011, 01:05:47 PM
 #283

Do you still give OTC-Ratings?
error
Hero Member
*****
Offline Offline

Activity: 574



View Profile
May 01, 2011, 01:15:52 PM
 #284

From the little I understand, I don't think mndrix's service can scale very well unless he can exchange in both directions.

Reloadable debit cards come to mind, though you have the problem of getting one into someone's hands.
Yes, but that would partly be solved by accepting Ukash/PSC/Wallie/Creditcard, and giving out gift cards for various different stores plus potentially VCCs.

I can't take a virtual card number to the grocery store.

15UFyv6kfWgq83Pp3yhXPr8rknv9m6581W
Drifter
Sr. Member
****
Offline Offline

Activity: 367


View Profile
May 01, 2011, 01:50:50 PM
 #285

otc needs a web interface. irc isn't for everyone  Tongue

+1! I really wish this was possible. OTC could be a phenomenal market but they're cutting off a very large portion of internet users who do not know IRC well(90%+ of users).

m0mchil
Full Member
***
Offline Offline

Activity: 171


View Profile
May 01, 2011, 02:00:49 PM
 #286

But... PayPal seems to tolerate other currencies and exchanges. See Virwox for example. What are the differences compared to CoinPal?

deadlizard
Member
**
Offline Offline

Activity: 112



View Profile
May 01, 2011, 02:07:31 PM
 #287

But... PayPal seems to tolerate other currencies and exchanges. See Virwox for example. What are the differences compared to CoinPal?
At VirWoX, you do not buy from us or sell to us
I wouldn't pretend to know PayPal's motivations but it looks more like an otc exchange.

btc address:1MEyKbVbmMVzVxLdLmt4Zf1SZHFgj56aqg
gpg fingerprint:DD1AB28F8043D0837C86A4CA7D6367953C6FE9DC

Satori
Jr. Member
*
Offline Offline

Activity: 51



View Profile
May 01, 2011, 02:12:27 PM
 #288

From the little I understand, I don't think mndrix's service can scale very well unless he can exchange in both directions.

Reloadable debit cards come to mind, though you have the problem of getting one into someone's hands.

So what you'd need is some kind of ATM access.

There's probably a local credit union somewhere with an online presence willing to allow online bill pay to a BitCoin to USD exchange site.

Also, there are purely online banks now.  The cards they send work with ATMs.  The rest is done online.  Univest is one.

Green Dot cards are reloadable at 7-11s.  Wonder if they have an API that BitCoin site could use to accept Green Dot-loaded funds.

Someone out there will appreciate the new business that BitCoin can bring them.

[EDIT: If organizations have difficulty with the concept of BitCoin as rival currency, perhaps you would find it easier to describe it as a digital commodity.  When businesses like credit unions think of BitCoin as that can be bought and sold online, like groceries, the mental aversion is very likely to disappear.]


Be well,

- Satori

The Wolfpack Project: BitCoin + Crowdfunding = Political Accountability
EvanR
Jr. Member
*
Offline Offline

Activity: 40



View Profile
May 01, 2011, 02:55:05 PM
 #289

For all the people who said that they can no longer get fiat money for BTC because they can only use paypal:

I'm currently advocating two services, alertpay and dwolla. Both of these are as easy to set up as paypal, differences follow.

Alertpay will eventually treat bitcoins like paypal does and shut you down. However they haven't reacted yet as far as I know. So this is a good stepping stone in the river of opposition. Also has saner international currency handling than paypal.

Dwolla will eventually treat bitcoins like paypal does and shut you down. However the community opinion is they will take much longer to do that. Dwolla also has lower fees. The downside is that it is American USD only, American bank accounts only.

I accept both of these now as payment, and at this stage it would be good for basically everyone to switch in order to avoid paypal.

We will re-evaluate once alertpay and dwolla attempt to bust bitcoins balls.
Boxeo
Member
**
Offline Offline

Activity: 71


View Profile WWW
May 01, 2011, 02:59:58 PM
 #290

For all the people who said that they can no longer get fiat money for BTC because they can only use paypal:

I'm currently advocating two services, alertpay and dwolla. Both of these are as easy to set up as paypal, differences follow.

Could you let us know what your website is please or how to access your service. thanks!

www.muchbitcoin.org - A free educational website for Bitcoin
EvanR
Jr. Member
*
Offline Offline

Activity: 40



View Profile
May 01, 2011, 03:36:06 PM
 #291

#bitcoin-otc Wink
deadlizard
Member
**
Offline Offline

Activity: 112



View Profile
May 01, 2011, 03:42:15 PM
 #292

Alertpay
EPIC FEES. $5 for a bank transfer?
Paypal didn't charge a fee to deposit or withdraw
#bitcoin-otc Wink
Just registered, but I stand by my earlier comment

btc address:1MEyKbVbmMVzVxLdLmt4Zf1SZHFgj56aqg
gpg fingerprint:DD1AB28F8043D0837C86A4CA7D6367953C6FE9DC

EvanR
Jr. Member
*
Offline Offline

Activity: 40



View Profile
May 01, 2011, 03:49:30 PM
 #293

$5? I didn't pay that much when I did a test deposit. I guess it depends on your bank. And your country. I deposited for free.
Ulysses
Jr. Member
*
Offline Offline

Activity: 32


View Profile
May 01, 2011, 04:12:48 PM
 #294

mndrix, can you

1) Apply for merchant account with your bank (and implement the same security paypal uses - charging the small amount and then entering the confirmation code). Plus if you add sms confirmation, i think you'll get a much lower than your current 1.5% chargeback rate. If you don't have time to program this, than i can help and you will handle only financial issues.
2) To send money in the reverse direction - use direct transfer to visa and mastercard. It works well outside US, and as far as i can see supported in US now too: http://www.ecommercez.net/featured/visa-now-you-can-direct-money-transfer-between-credit-card/

I think you will need to apply for money transfer license, but i think it worth it. I think community will be able to raise fund for license cost.
deadlizard
Member
**
Offline Offline

Activity: 112



View Profile
May 01, 2011, 04:16:12 PM
 #295

Plus if you add sms confirmation ...
people without phones can't use it (like me Sad )

btc address:1MEyKbVbmMVzVxLdLmt4Zf1SZHFgj56aqg
gpg fingerprint:DD1AB28F8043D0837C86A4CA7D6367953C6FE9DC

Ulysses
Jr. Member
*
Offline Offline

Activity: 32


View Profile
May 01, 2011, 04:30:37 PM
 #296

people without phones can't use it (like me Sad )

You probably don't have a card too and can't use it anyway?
TiagoTiago
Hero Member
*****
Offline Offline

Activity: 616


Firstbits.com/1fg4i                :Ƀ


View Profile
May 01, 2011, 04:32:22 PM
 #297

Can you use Google Voice for the sms confirmation thingy?

(I dont always get new reply notifications, pls send a pm when you think it has happened)

Wanna gimme some BTC for any or no reason? 1FmvtS66LFh6ycrXDwKRQTexGJw4UWiqDX Smiley

The more you believe in Bitcoin, and the more you show you do to other people, the faster the real value will soar!

Do you like mmmBananas?!
deadlizard
Member
**
Offline Offline

Activity: 112



View Profile
May 01, 2011, 04:36:23 PM
 #298

people without phones can't use it (like me Sad )

You probably don't have a card too and can't use it anyway?
Just because I don't have any use for a phone doesn't mean I can't get a visa pre-paid card if it was useful.  Roll Eyes

btc address:1MEyKbVbmMVzVxLdLmt4Zf1SZHFgj56aqg
gpg fingerprint:DD1AB28F8043D0837C86A4CA7D6367953C6FE9DC

pera
Sr. Member
****
Offline Offline

Activity: 364


­バカ


View Profile WWW
May 01, 2011, 04:50:24 PM
 #299

why paypal freezes everything? :S

Plus if you add sms confirmation ...
people without phones can't use it (like me Sad )
and me..

キタ━━━━(゚∀゚)━━━━ッ!!
trentzb
Sr. Member
****
Offline Offline

Activity: 406


View Profile
May 01, 2011, 05:17:18 PM
 #300

Regardless of whether or not the department that gave you permission to trade BitCoins was authorized to, you have their permission.  In commerce law, this is referred to as "principal and agent".  The agent (say a teller at a bank) is understood to represent the principal (the bank manager) and vice-versa.  If they misrepresent, it's the bank that must keep its word to you - not you that must be inconvenienced by the bank.  Same goes here.
This is only applicable and useful if you have evidence to support such permission. Satori is absolutely right that the agent(s) represent the entity and thus if they misrepresent the entity the entity is liable for such misrepresentation. Without evidence of the misrepresentation it would be foolish to enter a court and attempt to hold the entity responsible. Always collect evidence when interacting with PayPal and similar companies. It is perfectly legal to record a telephone conversation with PayPal and many other companies without notifying them you are recording (in ALL US states) and such recording can be used as evidence in court.

In 1992 a real court ruled that PayPal couldn't include that proviso, because it fraudulently convinced Paypal users that they had no access to real courts as a result.  Last I checked a few months ago, the proviso was still in PayPal's EULA despite the court ruling.
Are you sure that was 1992? Smiley
Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 13 14 [15] 16 17 18 19 20 »  All
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!