I've heard of PayPal freezing accounts for arbitrary reasons and refusing to allow people to access their funds. But PayPal administers millions of accounts, and if they just skimmed a few cents or even dollars from accounts by some algorithm so as to minimize their risk of exposure while bringing in the most amount of stolen money... How would we know any better?
I have a small trickle of money that comes into my PayPal account from day to day. Lately, I've noticed that the numbers associated with my recent transactions (including deposits minus the seller fees that PayPal charges) are significantly off from my balance, and I send my money to my bank account fairly regularly. So there is not that much room for errors of multiple dollars here, especially when ALL of the funds coming and going from this account are documented on the very same damned page.
Example: Let's say I transfer all my funds to my bank account and start over at $0 in my PayPal account. Then let's say I get the following deposits: $10, $5, and $20. Pretty obviously, my balance in this case SHOULD be $35. Instead, as I recently noticed in a similar situation, I had about $22. No additional expenditures that would show why any more money should be leaving the account. No explanation as to why the numbers might differ.
Nothing. Oh, and also, they are CONSTANTLY sending out emails updating their terms of agreement, and recently "upgraded" me to some other type of account without asking me.
(And PayPal is owned and operated by.....)
Am I the only one experiencing this?
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[–] AlexanderMorose13 0 points 1 point 1 point (+1|-0) ago
Bitcoin is going to take a severe dip soon. It just got back to 9K yesterday. It's headed towards another crash soon. The only way to make money is with shorting.
[–] AlternateSelection 0 points 1 point 1 point (+1|-0) ago
I was hopeful about Bitcoin but still had that nagging feeling I was falling for a scam. Cashless society is what Bitcoin is all about. The internet of things and tracking everything you do. Bitcoin is going to be part of that. Check out Amazing Polly's vid on the subject. She may be dead wrong but if she is just a little bit right, I don't want any part of it.
[–] toobaditworks 0 points 1 point 1 point (+1|-0) ago
It's possible. Time will tell. Shorting is a great way to make money. I like the alts though because you can use less and make more money. Namely Orchid.
[–] AlexanderMorose13 ago
You seem to have the right idea. Keep on it.