Post
Topic
Board Currency exchange
Re: TheBitMint - Buy Bitcoins With PayPal
by
Maged
on 03/07/2012, 07:54:02 UTC
I do applaud bitmint's entrepreneurial mind and this will be a great learning experience for him.
I don't. The only thing I agree with is that he is going to learn that he should really look into why other people aren't also doing something as extremely profitable as this.

Paypal to Bitcoin has really gone downhill. First exchanges took it (fee: close to free?), then CoinPal tried (fee: 7%), then tens of other adults that thought that they could get away with it tried (fee: 10-20%), then finally a child tried (fee: 30%)

I told him to quit. If he had, he'd have actually left the business with plenty of extra money.