02-23-2022 01:48 PM
CNBC contributor just said "bleak futures versus box stores along eBay international failing".. I have to ask- will eBay continue to go after sellers with even more fees to cover another round of corporate failures?
02-24-2022 05:36 PM
Been doing that for a while, pay bills with CC and pay it off each month, after a couple months I use the points to pay a bill lol.
02-25-2022 04:55 AM
@gracieallen01 wrote:Does anyone know if ebay got it's option to buy up to 5% of stock in Adyen (it was in their original contract, if they met the tranches)?
@gracieallen01 - Yes, eBay exercised the first tranche of warrants during Q4 2021 now that the payments migration is complete.
From earning call transcript:
"We held approximately $1.1 billion of Adyen shares, after exercising our first tranche of warrants during Q4. Including the estimated value of our remaining one tranches, our total Adyen investment amounted to $1.5 billion."
From Q4 2021 presentation: https://ebay.q4cdn.com/610426115/files/doc_financials/2021/q4/4Q21-EBAY-Earnings.pdf
02-25-2022 04:59 AM
Let's all be honest and take it even further. There are three taboo solutions that would absolutely cripple Russia, in the form of sanctions.
1. (Swift) U.S. president said Europe said no, that's not entirely true. The U.S. dollar would take the biggest hit. Such sanctions might also, in the long run, steer emerging markets toward blockchain-based systems that would reduce global reliance on the U.S.-centric international monetary system. Our leader just decided to put the Europeans under the bus. You will never hear the truth out of this administration about this.
2. (Turn U.S. Oil and NG back on) The current U.S. president all but shut down U.S. oil and NG without a viable green replacement. Even now, 2/25/22 we are still buying Russian oil.. Our country was a (Net Exporter) until this current president took office.
3. (Go after Vladimir Putin's personal wealth.)
eBay international was already in trouble, even before this..
02-25-2022 01:44 PM
@tsme35 wrote:Been doing that for a while, pay bills with CC and pay it off each month, after a couple months I use the points to pay a bill lol.
However, your rating will probably still go down because you have achieved the American Dream. You own your house(s), car(s), no mortgage or car payments, no personal loans. I'm like that.
Problem is the credit reporting companies mark you down for not having a 'rated loan' such as a car payment, house payment, etc..
02-25-2022 01:46 PM
@d-k_treasures wrote:
@tsme35 wrote:Been doing that for a while, pay bills with CC and pay it off each month, after a couple months I use the points to pay a bill lol.
However, your rating will probably still go down because you have achieved the American Dream. You own your house(s), car(s), no mortgage or car payments, no personal loans. I'm like that.
Problem is the credit reporting companies mark you down for not having a 'rated loan' such as a car payment, house payment, etc..
This is true my dad paid off a house and a car loan never late in 4+ years and his credit score went DOWN. Credit is just another way to keep you paying into a system that just feeds the "too big to fail" banking system.
It's a vicious ponzi scheme.
02-25-2022 02:18 PM
@chapeau-noir wrote:
@espresso_warehouse wrote:
@chapeau-noir wrote:eBay has had a contracting platform for a while for all sorts of reasons, many of them organic (competition, changes in supply, demographics, infrastructure etc.). I don't see the piece of paper we're getting to help pay our taxes having much of an effect, because I actually doubt that the impact of these sellers bailing, if they bail, is going to make that big of a difference. The US only comprises 25% of eBay's market as it is.
Etsy's demise was predicted when they dropped free-standing Paypal shops in favour of going 100% for Etsy Payments. 50,000 shops closed. Nobody even noticed.
What's happening to eBay is a lot bigger than some sellers who don't want to have to pay taxes, or are moving or quitting anyway, and it has been on a trajectory (interrupted by the pandemic) for some years now.
This site has problems a lot bigger than bits of paper. This: Chief Executive Officer Jamie Iannone maintains the company’s advertising and payments businesses can boost profits even if total spending on the site falls. Being one of them. Cannibalizing the site isn't going to last long.
Etsy's stock is down over 70%.
It's safe to say someone noticed. People predicted things before and were wrong. That doesn't mean predictions will be wrong forever.
It's worth noting that pointing out current problems isn't a prediction, either. There is trouble in the here and now. Do we really think it's going to get better for eBay? The thing is, I hope it does.
From its pandemic high. We need to be realistic here. Etsy's earnings boomed during the pandemic, then predictably fell, but are still significantly higher now than they were just pre-pandemic. How quickly people got used to this temporary bounce - surely no one could think it would last. But that had nothing to do with their payment systems. I don't even LIKE Etsy - I sell there but I hate the way it's run and can't wait to dump all of my vintage and get out, but even I can see that the contraction is only relative.
Amazon dropped significantly and is now back to the step increase it was before. Same with eBay, though I think eBay has a darker future. But it won't because of bits of paper, it will be because of poor focus and direction.
Amazon IS NOT down 70%.
All a person has to do is look at the numbers. This isn't some opinion of mine.
"Same with eBay"
No. It is not the same with ebay. These companies are all different and some are great while others not. That's life. If you want to start being realistic, look at what you are defending. Being realistic means we need to accept eBay either makes changes or continues to decline.
02-25-2022 02:30 PM
02-25-2022 02:36 PM
@espresso_warehouse wrote:
@divwido wrote:Did you hear Russia and Ukraine are at war?
All Stocks tanked. All of them.And they will continue to do so until someone takes out that jerk. Watch the news, read a newspaper. It's good for you.That is just false.
Stocks and crypto crashed for about 3/4 of a trading day. Most were green again or holding as of this morning. Amazon never tanked 70%
02-25-2022 02:40 PM
@espresso_warehouse wrote:
@chapeau-noir wrote:
@espresso_warehouse wrote:
@chapeau-noir wrote:eBay has had a contracting platform for a while for all sorts of reasons, many of them organic (competition, changes in supply, demographics, infrastructure etc.). I don't see the piece of paper we're getting to help pay our taxes having much of an effect, because I actually doubt that the impact of these sellers bailing, if they bail, is going to make that big of a difference. The US only comprises 25% of eBay's market as it is.
Etsy's demise was predicted when they dropped free-standing Paypal shops in favour of going 100% for Etsy Payments. 50,000 shops closed. Nobody even noticed.
What's happening to eBay is a lot bigger than some sellers who don't want to have to pay taxes, or are moving or quitting anyway, and it has been on a trajectory (interrupted by the pandemic) for some years now.
This site has problems a lot bigger than bits of paper. This: Chief Executive Officer Jamie Iannone maintains the company’s advertising and payments businesses can boost profits even if total spending on the site falls. Being one of them. Cannibalizing the site isn't going to last long.
Etsy's stock is down over 70%.
It's safe to say someone noticed. People predicted things before and were wrong. That doesn't mean predictions will be wrong forever.
It's worth noting that pointing out current problems isn't a prediction, either. There is trouble in the here and now. Do we really think it's going to get better for eBay? The thing is, I hope it does.
From its pandemic high. We need to be realistic here. Etsy's earnings boomed during the pandemic, then predictably fell, but are still significantly higher now than they were just pre-pandemic. How quickly people got used to this temporary bounce - surely no one could think it would last. But that had nothing to do with their payment systems. I don't even LIKE Etsy - I sell there but I hate the way it's run and can't wait to dump all of my vintage and get out, but even I can see that the contraction is only relative.
Amazon dropped significantly and is now back to the step increase it was before. Same with eBay, though I think eBay has a darker future. But it won't because of bits of paper, it will be because of poor focus and direction.
Amazon IS NOT down 70%.
All a person has to do is look at the numbers. This isn't some opinion of mine.
"Same with eBay"
No. It is not the same with ebay. These companies are all different and some are great while others not. That's life. If you want to start being realistic, look at what you are defending. Being realistic means we need to accept eBay either makes changes or continues to decline.
OK, I'll make big print, then.
Same with eBay, though I think eBay has a darker future.
02-25-2022 02:48 PM - edited 02-25-2022 02:50 PM
@chapeau-noir wrote:
@espresso_warehouse wrote:
@chapeau-noir wrote:
@espresso_warehouse wrote:
@chapeau-noir wrote:eBay has had a contracting platform for a while for all sorts of reasons, many of them organic (competition, changes in supply, demographics, infrastructure etc.). I don't see the piece of paper we're getting to help pay our taxes having much of an effect, because I actually doubt that the impact of these sellers bailing, if they bail, is going to make that big of a difference. The US only comprises 25% of eBay's market as it is.
Etsy's demise was predicted when they dropped free-standing Paypal shops in favour of going 100% for Etsy Payments. 50,000 shops closed. Nobody even noticed.
What's happening to eBay is a lot bigger than some sellers who don't want to have to pay taxes, or are moving or quitting anyway, and it has been on a trajectory (interrupted by the pandemic) for some years now.
This site has problems a lot bigger than bits of paper. This: Chief Executive Officer Jamie Iannone maintains the company’s advertising and payments businesses can boost profits even if total spending on the site falls. Being one of them. Cannibalizing the site isn't going to last long.
Etsy's stock is down over 70%.
It's safe to say someone noticed. People predicted things before and were wrong. That doesn't mean predictions will be wrong forever.
It's worth noting that pointing out current problems isn't a prediction, either. There is trouble in the here and now. Do we really think it's going to get better for eBay? The thing is, I hope it does.
From its pandemic high. We need to be realistic here. Etsy's earnings boomed during the pandemic, then predictably fell, but are still significantly higher now than they were just pre-pandemic. How quickly people got used to this temporary bounce - surely no one could think it would last. But that had nothing to do with their payment systems. I don't even LIKE Etsy - I sell there but I hate the way it's run and can't wait to dump all of my vintage and get out, but even I can see that the contraction is only relative.
Amazon dropped significantly and is now back to the step increase it was before. Same with eBay, though I think eBay has a darker future. But it won't because of bits of paper, it will be because of poor focus and direction.
Amazon IS NOT down 70%.
All a person has to do is look at the numbers. This isn't some opinion of mine.
"Same with eBay"
No. It is not the same with ebay. These companies are all different and some are great while others not. That's life. If you want to start being realistic, look at what you are defending. Being realistic means we need to accept eBay either makes changes or continues to decline.
OK, I'll make big print, then.
Same with eBay, though I think eBay has a darker future.
lol...Amazon and eBay stopped being "same" a long time ago. Amazon could care less if all of their FBA sellers left or not. Their profits arguably wouldn't change.
eBay has a large contingent of smaller part time sellers (easier entry point) than Amazon. I think eBay's slow decline has really less to do with their changes (been happing for 20+ years) then market circumstances beyond their control (ie, government, competition) than anything else.
For example, a trading card website called MySlabs is now letting sellers sell the same items they can on ebay, raw, graded, packs, etc with only 1% in fees and use PayPal so there are the PayPal fees +.30 there as well but even at a max 5% fees it's still better than the 12-15% fees you have on here. You can even upload tracking. That's a prime example of competition.
02-25-2022 02:49 PM
@chapeau-noir wrote:
"Same with eBay, though I think eBay has a darker future. "
A falsehood(it is not the same with eBay) followed by an opinion/prediction about the future.
My point is - it's not 'the same'. Not even close. If we want to be truthful, we have to stop saying that. It's a canard.
It's not a personal thing at all, but this claim is made here a lot and it's just not true.
02-25-2022 02:53 PM
@wildpitchsports wrote:
@espresso_warehouse wrote:
@divwido wrote:Did you hear Russia and Ukraine are at war?
All Stocks tanked. All of them.And they will continue to do so until someone takes out that jerk. Watch the news, read a newspaper. It's good for you.That is just false.
Stocks and crypto crashed for about 3/4 of a trading day. Most were green again or holding as of this morning. Amazon never tanked 70%
Some stocks went up. At least a few of the ones I hold.
02-25-2022 02:54 PM
@espresso_warehouse wrote:@chapeau-noir wrote:
"Same with eBay, though I think eBay has a darker future. "
A falsehood(it is not the same with eBay) followed by an opinion/prediction about the future.
My point is - it's not 'the same'. Not even close. If we want to be truthful, we have to stop saying that. It's a canard.
It's not a personal thing at all, but this claim is made here a lot and it's just not true.
Pretzel logic.
02-25-2022 02:58 PM - edited 02-25-2022 02:59 PM
@chapeau-noir wrote:
@espresso_warehouse wrote:@chapeau-noir wrote:
"Same with eBay, though I think eBay has a darker future. "
A falsehood(it is not the same with eBay) followed by an opinion/prediction about the future.
My point is - it's not 'the same'. Not even close. If we want to be truthful, we have to stop saying that. It's a canard.
It's not a personal thing at all, but this claim is made here a lot and it's just not true.
Pretzel logic.
Your claim was false. So if you want to talk about logic, start with that.
02-25-2022 09:37 PM
It's doing fine. This is not "getting crushed".