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Author Topic: TheBitMint - Buy Bitcoins With PayPal  (Read 3337 times)
TheBitMan
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March 19, 2012, 10:28:16 PM
 #1

I think my reputation is good enough that everyone here trusts me to run this site. Here it is.
http://bitmint.weebly.com/

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bbit
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March 19, 2012, 10:36:18 PM
 #2

uh oh he's back ..... Shocked    here come the hundreds of sites haha
TheBitMan
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March 19, 2012, 10:42:05 PM
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uh oh he's back ..... Shocked    here come the hundreds of sites haha
lol I have school now so no..I have drifted away from it a lot but this is something I always wanted to do. the new site is buying mini bitcoins (less than 1.00 btc) through paypal. I know the whole story btw everyone lets not get into how paypal doesn't do bitcoin..
TheBitMan
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March 20, 2012, 12:04:29 AM
 #4

Never mind I somehow lost my btc since i last used my wallet my accounts are all messed up..there was only like 2 btc..oh well i wont be back for a while again lol
TheBitMan
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March 20, 2012, 09:41:48 PM
 #5

Site up now **quantity is limited**
for those wondering I found my btc lol
TheBitMan
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March 21, 2012, 07:17:35 PM
 #6

Does anyone know how to avoid the PayPal fees? It's taking like half the profit.
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March 22, 2012, 12:09:55 AM
 #7

Try with the "Mass Payment".
http://www.dnforum.com/f34/how-do-paypal-mass-pay-payments-avoid-fees-read-learn-thread-266771.html

You can do it only with Premier/Businesss account.

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TheBitMan
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March 22, 2012, 01:50:15 AM
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Try with the "Mass Payment".
http://www.dnforum.com/f34/how-do-paypal-mass-pay-payments-avoid-fees-read-learn-thread-266771.html

You can do it only with Premier/Businesss account.
That's for paying people, I'm receiving.
TheBitMan
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March 22, 2012, 01:53:50 AM
 #9

I barely coming out even here...
stochastic
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March 22, 2012, 02:39:52 AM
 #10

I barely coming out even here...
raise your rate.

Introducing constraints to the economy only serves to limit what can be economical.
TheBitMan
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March 22, 2012, 06:54:18 PM
 #11

I barely coming out even here...
raise your rate.
I think I might have to. I don't want to over charge but I realized PayPal is taking 30 cents plus 3% or something like that each.
TheBitMan
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March 22, 2012, 07:01:30 PM
 #12

I applied for PayPal micro payments, this actually might make the prices cheaper. I have to wait two business days, so I will know by Monday.
mcorlett
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March 22, 2012, 07:30:52 PM
 #13

This service is doomed to fail for a very simple reason: it has to charge high fees. Legitimate users are generally not willing to pay high fees, but scammers always are since it's not their money.

Thus most users of this service will inevitably be scammers, and the business will collapse -- possibly while holding your money. As such, I strongly recommend against using it.

TheBitMan
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March 22, 2012, 07:33:48 PM
 #14

This service is doomed to fail for a very simple reason: it has to charge high fees. Legitimate users are generally not willing to pay high fees, but scammers always are since it's not their money.

Thus most users of this service will inevitably be scammers, and the business will collapse -- possibly while holding your money. As such, I strongly recommend against using it.
I'm lowering my prices and I am going to be making more than I am when the PayPal micro payment thing falls through. I also have a user agreement...it can't stop any body but legally I don't see why anyone would take the risk.
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March 22, 2012, 07:37:34 PM
 #15

I thought PayPal didn't accept Bitcoin?
With payments as small as these PayPal doesn't care.

Umm. I'm just going to leave that here.

@OP: As a teenager, I really think you should consult adults before going into business ventures like this. If I cared to, I could scam the holy fuck out of you and empty your entire wallet with hundreds of fake Paypal accounts.

While you would think your service is legitimately growing in popularity, in fact you are just being scammed.


Also, I don't care what you think or say or what poorly crafted paragraph you have for a user agreement, selling Bitcoins is against Paypal's TOS. They do care. Stop lying.

TheBitMan
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March 22, 2012, 08:01:56 PM
 #16

I thought PayPal didn't accept Bitcoin?
With payments as small as these PayPal doesn't care.

Umm. I'm just going to leave that here.

@OP: As a teenager, I really think you should consult adults before going into business ventures like this. If I cared to, I could scam the holy fuck out of you and empty your entire wallet with hundreds of fake Paypal accounts.

While you would think your service is legitimately growing in popularity, in fact you are just being scammed.


Also, I don't care what you think or say or what poorly crafted paragraph you have for a user agreement, selling Bitcoins is against Paypal's TOS. They do care. Stop lying.
Aren't you the forum troll?
Matthew N. Wright
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March 22, 2012, 08:03:07 PM
 #17

I thought PayPal didn't accept Bitcoin?
With payments as small as these PayPal doesn't care.

Umm. I'm just going to leave that here.

@OP: As a teenager, I really think you should consult adults before going into business ventures like this. If I cared to, I could scam the holy fuck out of you and empty your entire wallet with hundreds of fake Paypal accounts.

While you would think your service is legitimately growing in popularity, in fact you are just being scammed.


Also, I don't care what you think or say or what poorly crafted paragraph you have for a user agreement, selling Bitcoins is against Paypal's TOS. They do care. Stop lying.
Aren't you the forum troll?

Are you saying you disagree?

TheBitMan
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March 22, 2012, 08:48:54 PM
 #18

I thought PayPal didn't accept Bitcoin?
With payments as small as these PayPal doesn't care.

Umm. I'm just going to leave that here.

@OP: As a teenager, I really think you should consult adults before going into business ventures like this. If I cared to, I could scam the holy fuck out of you and empty your entire wallet with hundreds of fake Paypal accounts.

While you would think your service is legitimately growing in popularity, in fact you are just being scammed.


Also, I don't care what you think or say or what poorly crafted paragraph you have for a user agreement, selling Bitcoins is against Paypal's TOS. They do care. Stop lying.
Aren't you the forum troll?

Are you saying you disagree?
You make it sound like all I am going to do is get scammed.. I already had over 4 purchases and they all went fine
Matthew N. Wright
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March 22, 2012, 08:52:36 PM
 #19

You make it sound like all I am going to do is get scammed.. I already had over 4 purchases and they all went fine

You're not familiar with Paypal, are you?

The people who bought from you can at any time in the next few months say they never received anything from you, get a complete refund with no questions asked, and upon mentioning it was for Bitcoins, your account gets locked down.

TheBitMan
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March 22, 2012, 08:54:20 PM
 #20

You make it sound like all I am going to do is get scammed.. I already had over 4 purchases and they all went fine

You're not familiar with Paypal, are you?

The people who bought from you can at any time in the next few months say they never received anything from you, get a complete refund with no questions asked, and upon mentioning it was for Bitcoins, your account gets locked down.
I know that.
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