eBay

roxtarlifestyle077 · ‎12-31-2017

I read some articles saying a senior advisor in ebay is "seriously considering accepting Bitcoin" I've also read many articles saying Amazon has bought several Cryptocurrency domains. The main problem is the slow speed of sending Bitcoin from person to person. Come on ebay! make a power move! your sellers are behind you!

https://www.pymnts.com/news/bitcoin-tracker/2017/ebay-cryptocurrency-payment-methods/

thallidguy · ‎12-31-2017

@southern*sweet*tea wrote:
As buyer friendly as Ebay is, I don't see that happening. Bitcoin is a non-reversible payment type. So are cash and money orders, and they were kicked out years ago. "Too unsafe"

Bull's-eye.

That's what the crypto-currency heads aren't getting.

chipper01work · ‎12-31-2017

@new-man7 wrote:
@roxtarlifestyle077 wrote:
The main problem is the slow speed of sending Bitcoin from person to person.

Aside from all the other pluses and minuses of this, sending bitcoins or other digital currencies from account to account is very fast. Bitcoin payments only take a few seconds and most transfers are confirmed immediately. Just like paypal.
Because the price of bitcoins fluctuates like a stock market roller coaster, I think the logistics would overwhelm ebay, too many glitches here anyway. Not a good idea, IMO.

Yeah Bitcoin makes penny stocks look blue chip stable. Bitcoin is hyper volatile.

nawlinsron2 · ‎12-31-2017

I don't pretend to understand bitcoins...can they be converted to cash?

toooldtorock · ‎12-31-2017

"Bitcoin has had some seriously bad press in the last week or so."

For seriously good reasons.

Better to invest in something sane like horse racing or lottery tickets.

There are other crypto currencies coming on line to compete with Bitcoin

so you end up with a situation when one version gets pumped up the

other drops like a stone. Do not forget the wild fluctuations in value in very

brief periods of time.

If you get a payment via Bitcoin, the $100 payment you get may in turn

drop to $75.00 by time you convert it to dollars.

There is a system based on gold. Peter Schiff talks about it on rare occasion

but such an exchange medium has more potential for stability while offering

ease of use such as credit cards.

sandmansales · ‎12-31-2017

Online retailer eBay, following in the footsteps of.....

Explains everything.

~Why be a second rate version of someone else when you can be a first rate version of yourself~

d-k_treasures · ‎12-31-2017

@chipper01work wrote:
@femmefan1946 wrote:
Just to be clear, a seller can agree to accept a money order (or cash or pukka shells or Canadian Tire money or personal cheques ) but cannot demand to be paid by a method that cannot be electronically verified.
Which is usually Paypal, but there are seller who use other similar payment systems and many who can take cards directly.

Which leads me to believe that if a buyer ever offers to pay you in Bitcoin, you are allowed to accept.
That is incorrect. Money Orders are only allowed in certain catagories and there is a specific list in the help pages.http://pages.ebay.com/help/policies/accepted-payments-policy.html

Doesn't matter to me - if someone wants to pay via USPS MO, I'll never say no.

_____________________________
"Nothing is obvious to the oblivious"

chipper01work · ‎12-31-2017

@d-k_treasures wrote:
@chipper01work wrote:
@femmefan1946 wrote:
Just to be clear, a seller can agree to accept a money order (or cash or pukka shells or Canadian Tire money or personal cheques ) but cannot demand to be paid by a method that cannot be electronically verified.
Which is usually Paypal, but there are seller who use other similar payment systems and many who can take cards directly.

Which leads me to believe that if a buyer ever offers to pay you in Bitcoin, you are allowed to accept.
That is incorrect. Money Orders are only allowed in certain catagories and there is a specific list in the help pages.http://pages.ebay.com/help/policies/accepted-payments-policy.html
Doesn't matter to me - if someone wants to pay via USPS MO, I'll never say no.

I would say that is the consensus for the most part. However the point is eBay is considering sanctioning Bitcoin as a payment method while not allowing MO's. It's rather hypocritical but that's not really a shocker.

d-k_treasures · ‎12-31-2017

@chipper01work wrote:
@d-k_treasures wrote:
@chipper01work wrote:
@femmefan1946 wrote:
Just to be clear, a seller can agree to accept a money order (or cash or pukka shells or Canadian Tire money or personal cheques ) but cannot demand to be paid by a method that cannot be electronically verified.
Which is usually Paypal, but there are seller who use other similar payment systems and many who can take cards directly.

Which leads me to believe that if a buyer ever offers to pay you in Bitcoin, you are allowed to accept.
That is incorrect. Money Orders are only allowed in certain catagories and there is a specific list in the help pages.http://pages.ebay.com/help/policies/accepted-payments-policy.html
Doesn't matter to me - if someone wants to pay via USPS MO, I'll never say no.

I would say that is the consensus for the most part. However the point is eBay is considering sanctioning Bitcoin as a payment method while not allowing MO's. It's rather hypocritical but that's not really a shocker.

That's why I don't even acknowledge that ebay would even consider something like that - unless, of course, it goes to ebay first before they dole it out to the seller after 30 or 60 days ................

_____________________________
"Nothing is obvious to the oblivious"

mistwomandancing · ‎12-31-2017

roxtarlifestyle077 wrote:
It doesn't need to be a complete conversion, just an option. Paypal, credit/debit card, Bitcoin. Why not.

I'd like to add the option of payments in goats and chickens. Thank you.

vintagecraze50 · ‎12-31-2017

And if this cryptocurrency is allowed with a choice to use it alone without Pay Pal, then where is any buyer or seller protection going to come from? For Ebay to consider it would it not have to be linked and approved by Pay Pal? If not. no buyer or seller protection whatsoever, and a risky exchange?