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/

nawlinsron2 · ‎12-31-2017

Wouldn't they have to hire actual programmers to make that work?

femmefan1946 · ‎12-31-2017

Having lived through the crashes of 1973 (oil), 1989 (housing), dotcom(2000), housing again (2008), I'm not ready to sell for anything but currency based on labour and/or products.

While the US dollar is predicted to fall in 2018, especially if the US drops out of NAFTA, Bitcoin has had its second plummet in less than five years. And the countries that were producing Bitcoin (China, Korea) are now cracking down on the miners, in part because of their overwhelming energy use, which has been threatening the infrastructure.

roxtarlifestyle077 · ‎12-31-2017

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

candd205 · ‎12-31-2017

For that to work, wouldn't the sellers have to agree to accept bitcoin? I'm old, I'll stick with payment based on that old, boring, folding green paper.

the*dog*ate*my*tablecloth · ‎12-31-2017

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

It would have to be Paypal who would accept Bitcoin since they are the ones processing most of the sales. I don't think this is going to happen any time soon.

chipper01work · ‎12-31-2017

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

Can't accept a USPS money order but bitcoin is OK? That's funny.

coolections · ‎12-31-2017

I would hope and also think that should never happen on Ebay.

chrysylys · ‎12-31-2017

You do NOT want that to happen. Worst thing possible for disputes.

Forget keeping up with the Joneses. Be the Finklegrubers!
OK kids, time to get the Dodge loaded up again. I hear 'Poppy's By the Tree' calling. This trip might be a long one too.

gramophone-georg · ‎12-31-2017

@roxtarlifestyle077 wrote:
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/

Can't WAIT to see Bitcoin's reaction to eBay 'field guidance' on how cybercurrency works if this happens...

Chaos is NOT an "industry standard".

southern*sweet*tea · ‎12-31-2017

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"

The easier you are to offend the easier you are to control.

We seem to be getting closer and closer to a situation where nobody is responsible for what they did but we are all responsible for what somebody else did. - Thomas Sowell

chipper01work · ‎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"

Oh I can just see it now. BC will be a mandatory form of accepted payment but the seller will be required to refund in American Dollars in case of snad or inr. They will just add it to your invioce. Happy eBaying!

femmefan1946 · ‎12-31-2017

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.

newnewnewmann · ‎12-31-2017

@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.

ON VACATION
GONE FISHING
BACK AT 6

chipper01work · ‎12-31-2017

@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