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rampalija
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October 29, 2013, 06:30:15 PM |
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That sucks, never know paypal have so many restriction. What if I buy/sell BTC using paypal?
The buyer will claim they never got the bitcoins and reverse the transaction. Then they'll have their fiat and your bitcoins, and you'll have nothing. yes its already described many time here on many threads some scammers doing tricks like these so paypal has no sympathy with bitcoins community becareful about this  paypal doesnt have simpathy to BTC cuz BTC is competion to them |
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GhanaGamboy
Full Member
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Activity: 191
Merit: 100
Dadice Fixed Rate.
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October 29, 2013, 07:42:30 PM |
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If only people read terms of services before signing up, they would not sign up because they may fear their money might be confiscated at paypal will
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BitchicksHusband
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October 30, 2013, 11:16:33 AM |
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Which will make it all the more sweet when they can't compete with bitcoins...
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1BitcHiCK1iRa6YVY6qDqC6M594RBYLNPo
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Ekaros
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October 30, 2013, 11:42:05 AM |
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Only use paypal between your creditcard and shop receiving funds. Is my take.
I have heard the same story many times. No point letting them to hold your funds on their account.
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rampalija
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October 30, 2013, 03:00:11 PM |
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Which will make it all the more sweet when they can't compete with bitcoins...
I think they will adopt BTC as regular currency |
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MoneyGod
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October 30, 2013, 03:11:26 PM |
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Which will make it all the more sweet when they can't compete with bitcoins...
I think they will adopt BTC as regular currency if they want to alive for long time they must do this and have some sympathy for bitcoins |
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Nik1ab
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October 30, 2013, 04:02:33 PM |
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Which will make it all the more sweet when they can't compete with bitcoins...
I think they will adopt BTC as regular currency if they want to alive for long time they must do this and have some sympathy for bitcoins They won't because the us government will tell them not to do it. Just like when they stopped accepting donations for wikileaks. |
No signature ad here, because their conditions have become annoying.
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wachtwoord
Legendary
Offline
Activity: 2324
Merit: 1125
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October 30, 2013, 04:04:47 PM |
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Don't use paypal. Even their direct competitors (which also suck) are better.
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Nik1ab
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October 30, 2013, 04:07:57 PM |
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Don't use paypal. Even their direct competitors (which also suck) are better.
Which direct competitors? |
No signature ad here, because their conditions have become annoying.
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s1lverbox
Legendary
Offline
Activity: 2324
Merit: 1039
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October 30, 2013, 04:08:25 PM |
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now Paypal is holding close to 6k of my money and won't release it for 180 days!!!
Who holds that amount with company who is known for freezing accounts for no reaon? I'm selling on ebay as well, using paypal everyday but let me tell u buddy, never on my account is more than 0.00 Once funds are in paypal i always withdraw whole amount. I learned lesson when they froze my account. Sorry to hear you are victim of paypal but ypu cant do anything. It might be not even you, but someone linked to one of your deals. |
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wachtwoord
Legendary
Offline
Activity: 2324
Merit: 1125
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October 30, 2013, 04:17:33 PM |
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Don't use paypal. Even their direct competitors (which also suck) are better.
Which direct competitors? Moneybookers (Skrill), Netteller off the top of my head. |
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s1lverbox
Legendary
Offline
Activity: 2324
Merit: 1039
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October 30, 2013, 04:19:32 PM |
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Moneybookers (Skrill), Netteller off the top of my head.
Sorry but this is not better competition. Both are not happy when u dealing with BTC |
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Lohoris
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October 30, 2013, 04:23:03 PM |
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Getting your funds held is one thing, but account cancelled is another..
Actually I would worry much more about the funds than the account. |
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Lohoris
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October 30, 2013, 04:24:45 PM |
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If only people read terms of services before signing up, they would not sign up because they may fear their money might be confiscated at paypal will
Wrong, TOS are bullshit and should be regulamented by law, since you can't possibly read all of them, your time should be more precious than that. If I walk into a shop I do not have to sign anything to buy there. |
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qwertyGuy
Member
Offline
Activity: 115
Merit: 10
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October 30, 2013, 04:24:52 PM |
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Moneybookers (Skrill), Netteller off the top of my head.
Sorry but this is not better competition. Both are not happy when u dealing with BTC Officially they don't like poker as well. I never had a problem with MB and used them for that exclusively. Never heard of this. Why they sending sometimes newsletter offers with 1st time signup at casino and poker then ? |
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Lohoris
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October 30, 2013, 04:26:46 PM |
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I'm selling on ebay as well, using paypal everyday but let me tell u buddy, never on my account is more than 0.00
Once funds are in paypal i always withdraw whole amount.
This is a very good practice, I fail to see how could someone trust them with such a huge amount (unless he actually got the 6k in one single transaction). |
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s1lverbox
Legendary
Offline
Activity: 2324
Merit: 1039
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October 30, 2013, 04:32:47 PM |
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I'm selling on ebay as well, using paypal everyday but let me tell u buddy, never on my account is more than 0.00
Once funds are in paypal i always withdraw whole amount.
This is a very good practice, I fail to see how could someone trust them with such a huge amount (unless he actually got the 6k in one single transaction). Even if that's the case one time payment was for 6k who the hell would use paypal for that? fee is 2.9% from amount which is 174usd. What a bollocks. Plus the fact they can delay process withdraw but i think this is not the case as the guy is not newbie. I hope! |
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Ecurb123
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October 30, 2013, 06:32:39 PM |
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I don't know how to help you here, but I've quit using paypal awhile ago because they were always locking my account.
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cryptohunter
Legendary
Offline
Activity: 2100
Merit: 1167
MY RED TRUST LEFT BY SCUMBAGS - READ MY SIG
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October 30, 2013, 07:40:36 PM |
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Let's hope crypto takes over and becomes semi mainstream soon. Paypal are total shit, withdraw all funds and spread the horror ( real) stories around the net for all to witness.
I know plenty of people that have been screwed over by them. They will release your funds in 6 months but by that time any business you had is screwed.
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ldtran26 (OP)
Newbie
Offline
Activity: 28
Merit: 0
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October 31, 2013, 12:58:22 PM |
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I tried to withdraw the money the money I had fund, but paypal reversed my transaction so the money never got deposited into my bank account.
I guess it was my fault, I should have withdrew all the money the moment it went into my paypal, but I waited until every transaction/all the items I were selling to be finished to withdraw the money. I made a request for a full withdraw, but the very next day, paypal froze my account and reversed the transaction.
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