closed

[FlipPro]

I called and asked paypal. Told me that selling Bitcoins for dollars without appropriate regulatory licensing is against their policies and they can't comment on any specific case, but warned me to use as "all outgoing payments may be reversed" if they find it against their policies.

CoinPal is buying BTC back from its users.

CoinPal is not selling BTC and would never sell BTC for reversible Paypal transactions.

CoinPal operates in Holland where buying BTC is legal.

[SoftLayer]

That's what I asked, the user selling bitcoins for fiat. Maybe you should call them but I'm not using your service.

[Seanzqt]

That's what I asked, the user selling bitcoins for fiat. Maybe you should call them but I'm not using your service.

You should of already realized this was against their policies, it has been known for a long while now - it is why people don't address payments to anyone with comments using terms like (BitCoin) as that is a sure fine way of getting caught.

The odds of being caught are not as high, though if people like you start calling companies like PayPal and giving names like CoinPal then of course the chances of the payment being rejected are a lot higher.

[fligen]

It's against paypal policy. the account will be suspended in less than a month I promise you, and everyone who thought the service is good will be cryingcam s afterwards when paypal reverses all transactions (reversing transactions for this kind of thing is their policy too). Look at thebitman and that's a under 18 year old who just did a few small trades.

[Eternity]

That's what I asked, the user selling bitcoins for fiat. Maybe you should call them but I'm not using your service.

Why act like moron you know no gateway that can be reversed will ever allow buy / sell fiat or coins of their competitors.

Unless he does any dispute there shouldn't any issue.

[krishatnet]

Only for exchange bitcoins to paypal or any other ecurrency?

[Omega6proj]

Thanks flip pro, now i need a way to BUY some btc with my paypal. I want to invest, let it sit and see where it goes... But at least now i have a way to get btc converted to Paypal.

[FlipPro]

Thanks flip pro, now i need a way to BUY some btc with my paypal. I want to invest, let it sit and see where it goes... But at least now i have a way to get btc converted to Paypal.

That unfortunately will be almost impossible to pull off, and WOULD bring a wrath by Paypal (charge-backs galore). That's all they really care about, making sure their payments don't charge back and that your fraud ratios are in line with all other merchants.

[fligen]

Sent an email to PayPal reporting this site for violating Paypal's accepted use policy. Hopefully paypal shuts this down before more people uses it and loses the money (paypal has been known to reverse all transactions befor, look at thebitman). Your account balance will be negative and you'll (the users who use coinpal) receive calls from paypal's collection department.

Help out, go here:

https://www.paypal.com/us/webapps/helpcenter/helphub/home/?action=emailus

Email us

Report Fraud / Prohibited Use

High Risk Business / Prohibited Use


Why did I report it? Because the sooner this is shut down (this WILL be shut down), the less victims there will be.

Paypal does not care about charge back rates - the original coinpal had 0.7% chargeback rate and got shut down, even after assurance previously from paypal what they are doing is OK. Look at FastCash4Bitcoins which did something similar and are now shut down. Nobody escapes the wrath of paypal - if you think you are special, you ARE a scammer as your customers will be victims when paypal reverses transactions.

[Seanzqt]

Sent an email to PayPal reporting this site for violating Paypal's accepted use policy. Hopefully paypal shuts this down before more people uses it and loses the money (paypal has been known to reverse all transactions befor, look at thebitman). Your account balance will be negative and you'll (the users who use coinpal) receive calls from paypal's collection department.

Help out, go here:

https://www.paypal.com/us/webapps/helpcenter/helphub/home/?action=emailus

Email us

Report Fraud / Prohibited Use

High Risk Business / Prohibited Use


Why did I report it? Because the sooner this is shut down (this WILL be shut down), the less victims there will be.

Paypal does not care about charge back rates - the original coinpal had 0.7% chargeback rate and got shut down, even after assurance previously from paypal what they are doing is OK. Look at FastCash4Bitcoins which did something similar and are now shut down. Nobody escapes the wrath of paypal - if you think you are special, you ARE a scammer as your customers will be victims when paypal reverses transactions.

And the tooling begins, why do people like you even do this, if you had half a brain you would realize that you are investing in an illegal currency, like WTF really?

Clearly you aren't half intelligent are you.

[posormo]

Sent an email to PayPal reporting this site for violating Paypal's accepted use policy. Hopefully paypal shuts this down before more people uses it and loses the money (paypal has been known to reverse all transactions befor, look at thebitman). Your account balance will be negative and you'll (the users who use coinpal) receive calls from paypal's collection department.

Help out, go here:

https://www.paypal.com/us/webapps/helpcenter/helphub/home/?action=emailus

Email us

Report Fraud / Prohibited Use

High Risk Business / Prohibited Use


Why did I report it? Because the sooner this is shut down (this WILL be shut down), the less victims there will be.

Paypal does not care about charge back rates - the original coinpal had 0.7% chargeback rate and got shut down, even after assurance previously from paypal what they are doing is OK. Look at FastCash4Bitcoins which did something similar and are now shut down. Nobody escapes the wrath of paypal - if you think you are special, you ARE a scammer as your customers will be victims when paypal reverses transactions.

And the tooling begins, why do people like you even do this, if you had half a brain you would realize that you are investing in an illegal currency, like WTF really?

Clearly you aren't half intelligent are you.

I'm glad its been reported.  It would get shut down eventually by Paypal.   At that point, people will lose their money and this "marketing" rep for the company would run away with the BTC.   To many shady companies.   He claims to be their Marketing VP but doesn't know to refer to them being in the Netherlands?  Their domain is proxied.   pfffft don't trust them.

[fildza]

You guys really want to shutdown the site ?

[FlipPro]

Sent an email to PayPal reporting this site for violating Paypal's accepted use policy. Hopefully paypal shuts this down before more people uses it and loses the money (paypal has been known to reverse all transactions befor, look at thebitman). Your account balance will be negative and you'll (the users who use coinpal) receive calls from paypal's collection department.

Help out, go here:

https://www.paypal.com/us/webapps/helpcenter/helphub/home/?action=emailus

Email us

Report Fraud / Prohibited Use

High Risk Business / Prohibited Use


Why did I report it? Because the sooner this is shut down (this WILL be shut down), the less victims there will be.

Paypal does not care about charge back rates - the original coinpal had 0.7% chargeback rate and got shut down, even after assurance previously from paypal what they are doing is OK. Look at FastCash4Bitcoins which did something similar and are now shut down. Nobody escapes the wrath of paypal - if you think you are special, you ARE a scammer as your customers will be victims when paypal reverses transactions.

And the tooling begins, why do people like you even do this, if you had half a brain you would realize that you are investing in an illegal currency, like WTF really?

Clearly you aren't half intelligent are you.

I'm glad its been reported.  It would get shut down eventually by Paypal.   At that point, people will lose their money and this "marketing" rep for the company would run away with the BTC.   To many shady companies.   He claims to be their Marketing VP but doesn't know to refer to them being in the Netherlands?  Their domain is proxied.   pfffft don't trust them.

Been in this community for over 3 years, I'm not running away with anyone's Bitcoins...

The money being sent out is money coming from our own bank account.

We have no reasons to be vindictive or harm anyone it seems you do....

[FlipPro]

Sent an email to PayPal reporting this site for violating Paypal's accepted use policy. Hopefully paypal shuts this down before more people uses it and loses the money (paypal has been known to reverse all transactions befor, look at thebitman). Your account balance will be negative and you'll (the users who use coinpal) receive calls from paypal's collection department.

Help out, go here:

https://www.paypal.com/us/webapps/helpcenter/helphub/home/?action=emailus

Email us

Report Fraud / Prohibited Use

High Risk Business / Prohibited Use


Why did I report it? Because the sooner this is shut down (this WILL be shut down), the less victims there will be.

Paypal does not care about charge back rates - the original coinpal had 0.7% chargeback rate and got shut down, even after assurance previously from paypal what they are doing is OK. Look at FastCash4Bitcoins which did something similar and are now shut down. Nobody escapes the wrath of paypal - if you think you are special, you ARE a scammer as your customers will be victims when paypal reverses transactions.

I don't know what the situation with the original "coinpal" was so I won't speak for them. FastCash4Bitcoins DID NOT get shut down by Paypal. They got shut down by the state of Virginia for "unlicensed money transmission", which they are still fighting the compliant till this day.

This shows just how much you really know....

[easynote]

someday maybe I use your service... Congratulations

[posormo]

Sent an email to PayPal reporting this site for violating Paypal's accepted use policy. Hopefully paypal shuts this down before more people uses it and loses the money (paypal has been known to reverse all transactions befor, look at thebitman). Your account balance will be negative and you'll (the users who use coinpal) receive calls from paypal's collection department.

Help out, go here:

https://www.paypal.com/us/webapps/helpcenter/helphub/home/?action=emailus

Email us

Report Fraud / Prohibited Use

High Risk Business / Prohibited Use


Why did I report it? Because the sooner this is shut down (this WILL be shut down), the less victims there will be.

Paypal does not care about charge back rates - the original coinpal had 0.7% chargeback rate and got shut down, even after assurance previously from paypal what they are doing is OK. Look at FastCash4Bitcoins which did something similar and are now shut down. Nobody escapes the wrath of paypal - if you think you are special, you ARE a scammer as your customers will be victims when paypal reverses transactions.

And the tooling begins, why do people like you even do this, if you had half a brain you would realize that you are investing in an illegal currency, like WTF really?

Clearly you aren't half intelligent are you.

I'm glad its been reported.  It would get shut down eventually by Paypal.   At that point, people will lose their money and this "marketing" rep for the company would run away with the BTC.   To many shady companies.   He claims to be their Marketing VP but doesn't know to refer to them being in the Netherlands?  Their domain is proxied.   pfffft don't trust them.

Been in this community for over 3 years, I'm not running away with anyone's Bitcoins...

The money being sent out is money coming from our own bank account.

We have no reasons to be vindictive or harm anyone it seems you do....

At the current price of BTC.  Length of time in the community means zilch.  So why is your company proxied?   You keep stating its owned and located in Holland The Netherlands.   You claim its owned by some entity called B.V.O services who link back to the main conpal.nl site, lol.    Where is the business registration information fo B.V.O services?  In your head?   So if your so confident your not against Paypal TOS stick a few hundred BTC in escrow for your potential customers to get back should PayPal start reversing payments.  Doesnt matter it comes from your own bank.  They will reverse them, and when they do your customers will get fucked.

[FlipPro]

We have processed over a dozen orders since launch!

Thank you all for your tremendous support!

Keep the orders coming

[specgamer]

Still haven't responded please refund my 1 BTC! Or send me the paypal

Not rocket science guys please make sure your payment system is working

Dumbass, post here then and prove us wrong...

[seleme]

I need to pay 35$ PP for something asap and looks my wife drained my card, lol. Could we do it off the site, I'll send you btc, you send those 35$ to the Paypal I give you.

[ssateneth]

I need to pay 35$ PP for something asap and looks my wife drained my card, lol. Could we do it off the site, I'll send you btc, you send those 35$ to the Paypal I give you.

Why are you trying to scam? Just use the website. Not implying the website isn't a scam either, but customers seem to be happy with it thus far, aside from the other scammer "ScammerZhouTong"