WARNING: PAYPAL STARTED MASSIVE ACCOUNT BAN ON ANYTHING BITCOIN RELATED

[TheFootMan]

What particular bitcoin transaction is that? What if someone bought btc from me and paid thru paypal?

This guys is not reading too.  I think paypal has come to terms with btc. But still no official statement about this.

I also heard rumors about this but for now, I think that is more safe to use exchangers, exchange bitcoin to usd, and transfer usd to paypal and withdraw to bank account without any problem.
In this way paypal can't know that origin of this money was from selling bitcoin, so in this case there is no problem with them.
I already did this many times

According to Snowden, NSA has an agreement with Paypal, and records all transactions. I feel so safe now... (because I don't use Paypal).

[newflesh]

I've had a few chargebacks before selling btc on Ebay but I've never had an account freeze or ban. Would be interesting to know what actually flags an account to be banned, thought they were meant to be getting a bit more btc friendly?

[Armis]

I've had a few chargebacks before selling btc on Ebay but I've never had an account freeze or ban. Would be interesting to know what actually flags an account to be banned, thought they were meant to be getting a bit more btc friendly?

Yes, they are getting more friendly, sometime enemies turn into frienemies.

as for the flag, and freeze, if most of your business was associated with btc that would have likely resulted in a freeze, if the majority of your money held was related to it, again it would could easily get frozen.

Red flags go up any time there is a dispute for any reason at all.

heck, a red flag goes up when you make a refund, if 3% of your sales result in refunds you will likely get a call from paypal, if they are for large values it could result in a freeze

ANYTHING, that fits into the MO of money laundering or drug dealing will easily get red flagged and frozen.   EVEN if the items involved are perfectly legal and everything you are doing is perfectly right.    

Paypal freezes account based on fear, accusation, and preemptive strike force.    After you prove that their fear is misplaced, accusations false, and preemptive strike abusive they they refund your money, if you do it too forcefully they close your account and return the money after 180 days.  

[Spendulus]

I've had a few chargebacks before selling btc on Ebay but I've never had an account freeze or ban. Would be interesting to know what actually flags an account to be banned, thought they were meant to be getting a bit more btc friendly?

Yes, they are getting more friendly, sometime enemies turn into frienemies.

as for the flag, and freeze, if most of your business was associated with btc that would have likely resulted in a freeze, if the majority of your money held was related to it, again it would could easily get frozen.

Red flags go up any time there is a dispute for any reason at all.

heck, a red flag goes up when you make a refund, if 3% of your sales result in refunds you will likely get a call from paypal, if they are for large values it could result in a freeze

ANYTHING, that fits into the MO of money laundering or drug dealing will easily get red flagged and frozen.   EVEN if the items involved are perfectly legal and everything you are doing is perfectly right.    

Paypal freezes account based on fear, accusation, and preemptive strike force.    After you prove that their fear is misplaced, accusations false, and preemptive strike abusive they they refund your money, if you do it too forcefully they close your account and return the money after 180 days.  

The total amount of creepy behavior by formerly exciting tech companies is increasing exponentially.

[faceplantz]

Anyone here experiencing paypal problem after its said "acceptance" of bitcoin?

[TheFootMan]

Anyone here experiencing paypal problem after its said "acceptance" of bitcoin?

Best thing anyone can do for humanity is to leave Paypal and do not give them any business whatsoever. They're collecting too much information about the users, and they bow to political pressure, and willingly give up any user data when asked to do so.

[163]

The just slow down the development of btc but can not stop.

[Bit_Happy]

Anyone here experiencing paypal problem after its said "acceptance" of bitcoin?

Has anyone ever had their Paypal account unfrozen after using it for BTC related transactions?

[freedomno1]

Anyone here experiencing paypal problem after its said "acceptance" of bitcoin?

Has anyone ever had their Paypal account unfrozen after using it for BTC related transactions?

Not that I know of
Only thing I saw was this crytonews article that froze and unfroze then refroze account for a while lol which was bollocks apparently
https://www.cryptocoinsnews.com/ebay-merchant-sue-paypal-anti-bitcoin-policies/

Terrahasher
https://bitcointalk.org/index.php?topic=402405.msg4417493#msg4417493

Got a scammer rating 

[zinger]

Anyone here experiencing paypal problem after its said "acceptance" of bitcoin?

Has anyone ever had their Paypal account unfrozen after using it for BTC related transactions?

Not that I know of
Only thing I saw was this crytonews article that froze and unfroze then refroze account for a while lol which was bollocks apparently
https://www.cryptocoinsnews.com/ebay-merchant-sue-paypal-anti-bitcoin-policies/

Terrahasher
https://bitcointalk.org/index.php?topic=402405.msg4417493#msg4417493

Got a scammer rating 

If you want a person to be rated as scammer, you should call bitcoinpolice.

[Armis]

Anyone here experiencing paypal problem after its said "acceptance" of bitcoin?

Has anyone ever had their Paypal account unfrozen after using it for BTC related transactions?

the op, I think I remember that a couple pages into the thread

[sionsandman]

Anyone experience this kind of problem after bitcoin was "ok-ed" by paypal?

Not sure many people would use paypal for bitcoin trade would they? there were more scams with charge backs getting in the way of things vs paypal rejections for trading bitcoin.

I can't understand how and why someone would use paypal to sell btc.

The only thing I can think of is ignorance.

[Armis]

Anyone experience this kind of problem after bitcoin was "ok-ed" by paypal?

Not sure many people would use paypal for bitcoin trade would they? there were more scams with charge backs getting in the way of things vs paypal rejections for trading bitcoin.

I can't understand how and why someone would use paypal to sell btc.

The only thing I can think of is ignorance.

that's narrow thinking

When ebay allowed btc to be sold in 2013 they sold like crazy and rates went through the roof.     The same thing happened for dogecoin on a lessor scale because by then too many scams took place with btc so ebay was cracking down  on cryptos.  In short, ebay is a MAJOR resource for crypto sales direct to the customer.  90% of all ebay deals are done with paypal.

Additionally, if you have multiple income streams and paypal is one of them it would be great sometimes to just use your balance to get what you want instead of transfering it to a bank to access many days later.   

The bottom line is anything of liquid value should be able to travel from one liquid asset to another with little resistance.   There's not good reason why I have to reroute my paypal funds to my bank, then Coinbase (for btc) to Cryptsy to buy EMC2,  I should be able to used my paypal account to by EMC2 directly for someone that wants to sell EMC2 and willing to accept paypal.

[Piston Honda]

Re. the OP's post, is this still legit/valid?  Is paypal still bending over btc or trying to now work WITH it , it seems.......

?

[Pente]

Re. the OP's post, is this still legit/valid?  Is paypal still bending over btc or trying to now work WITH it , it seems.......

?

Still valid, and things are getting worse.

On Nov 18, according to new user agreement, Paypal will allow chargebacks to be filed up to 180 days after a purchase. If you follow the forums on Ebay & Paypal, chargeback & other scams by buyers are getting much worse. They (PP & Ebay) are forcing sellers to eat the costs of these scams.

This is partly due to the collapsing economy around the world. There are a lot of smart people that can't find decent jobs, so they are turning to fraud to make money. This, of course, is only making things worse as legitimate sellers have to either raise prices to compensate for fraud or quit selling products with small profit margins.

The new user agreement does forbid returns for virtual products (including cryptocurrency), but this won't hold up when the buyer claims their credit card or paypal account was compromised.

Openbazaar is going eliminate buyer fraud. Seller fraud may be a problem at first, but this will simply make name recognition much more important.

 

[Armis]

Re. the OP's post, is this still legit/valid?  Is paypal still bending over btc or trying to now work WITH it , it seems.......

?

Still valid, and things are getting worse.

On Nov 18, according to new user agreement, Paypal will allow chargebacks to be filed up to 180 days after a purchase. If you follow the forums on Ebay & Paypal, chargeback & other scams by buyers are getting much worse. They (PP & Ebay) are forcing sellers to eat the costs of these scams.

This is partly due to the collapsing economy around the world. There are a lot of smart people that can't find decent jobs, so they are turning to fraud to make money. This, of course, is only making things worse as legitimate sellers have to either raise prices to compensate for fraud or quit selling products with small profit margins.

The new user agreement does forbid returns for virtual products (including cryptocurrency), but this won't hold up when the buyer claims their credit card or paypal account was compromised.

Openbazaar is going eliminate buyer fraud. Seller fraud may be a problem at first, but this will simply make name recognition much more important.

 

Part in red, very astute observation, analysis, and conclusion, I agree.      This is the whole problem with the CC industry, which is full of frustrated geniuses that can't get a regular job so they figure out how to cause harm to a perceived competitor.   

[Piston Honda]

Re. the OP's post, is this still legit/valid?  Is paypal still bending over btc or trying to now work WITH it , it seems.......

?

Still valid, and things are getting worse.

On Nov 18, according to new user agreement, Paypal will allow chargebacks to be filed up to 180 days after a purchase. If you follow the forums on Ebay & Paypal, chargeback & other scams by buyers are getting much worse. They (PP & Ebay) are forcing sellers to eat the costs of these scams.

This is partly due to the collapsing economy around the world. There are a lot of smart people that can't find decent jobs, so they are turning to fraud to make money. This, of course, is only making things worse as legitimate sellers have to either raise prices to compensate for fraud or quit selling products with small profit margins.

The new user agreement does forbid returns for virtual products (including cryptocurrency), but this won't hold up when the buyer claims their credit card or paypal account was compromised.

Openbazaar is going eliminate buyer fraud. Seller fraud may be a problem at first, but this will simply make name recognition much more important.

 

Good points, thanks.  Wow yeah I have noticed the downstream trickle effect from seeing this kind of poor practice by pp/ebay over the years, it's only become worse to deal with them, cost me MORE money and I've noticed a lot more scam activity there.  I'm sure they "do their best" to keep consumers safe but if anything, it seems to have the opposite effect. 

Any kind of openbazaar/decentralized marketplace that REALLY works would be epic.