Author

Topic: [2014-01-16] eBay UK to Allow Sale of Virtual Currency from 10th February (Read 1347 times)

hero member
Activity: 518
Merit: 500
RE: Ebay UK

Auction or Classified Ad format ??
What's the "final value fee" percentage on sales ??
TIA ..

Triff ..


It need to be in the Virtual Currency section, also no auction is allow.

I guess this is good news, I hope the price of BTC will go up with this.

When eBay US does the same thing, the price of bitcoin will move up. eBay UK isn't big enough to affect market sentiment in a major way
sr. member
Activity: 280
Merit: 250
RE: Ebay UK

Auction or Classified Ad format ??
What's the "final value fee" percentage on sales ??
TIA ..

Triff ..


It need to be in the Virtual Currency section, also no auction is allow.

I guess this is good news, I hope the price of BTC will go up with this.
legendary
Activity: 1806
Merit: 1521
I wonder if this will start a precedence for the other eBay sites, besides the US. I guess it doesn't really matter as exchange rates don't really apply to BTC lol
full member
Activity: 196
Merit: 100
eBay allow sale of bitcoin, OK, how is this going to work with paypal and buyer protection?
if paypal doesn't update the rules as well it will be so easy to scam free coins
hero member
Activity: 784
Merit: 1000
That's brilliant news - just the UK though?

Not that much difference really, people in other countries can purchase from UK as well(no shipping problem Wink).

Consider the hostile regulatory environment in U.S and many other places, I would say it's probably as far as they can go.

Does this mean the UK is the most liberal bitcoin environment that eBay operates in? That does surprise me Wink

Certainly not, but it maybe what their powerbrokers and relation people can secure for them.(they are really good at that, Paypal is about the only foreign payment company which can legally circumvent China's capital control)

I personally do not favor a coordinated global launch, not to attract the U.S regulators attention too early...

Hey overstock just launched in US, porn.com, newegg.com to hopefully follow soon. If the US regulators haven't noticed yet what's going, they must not be connected to the Net Wink

Well, "someone is accepting bitcoins" is way different from "someone is allowing anyone to sell bitcoins on their platform", the later has implications for money laundering, which they hate as much as they hate death.

OK cool. Get your point. Still think its a huge step forward, I thought it would a be a long time before eBay in any country would move towards accepting virtual currency sales. Bodes well for the next few months.

Absolutely, as I have said, Chinese can theoretically transfer unlimited RMB using Paypal as well, now those hardcore apparatchiks are going to have a really hard time... Wink
hero member
Activity: 518
Merit: 500
That's brilliant news - just the UK though?

Not that much difference really, people in other countries can purchase from UK as well(no shipping problem Wink).

Consider the hostile regulatory environment in U.S and many other places, I would say it's probably as far as they can go.

Does this mean the UK is the most liberal bitcoin environment that eBay operates in? That does surprise me Wink

Certainly not, but it maybe what their powerbrokers and relation people can secure for them.(they are really good at that, Paypal is about the only foreign payment company which can legally circumvent China's capital control)

I personally do not favor a coordinated global launch, not to attract the U.S regulators attention too early...

Hey overstock just launched in US, porn.com, newegg.com to hopefully follow soon. If the US regulators haven't noticed yet what's going, they must not be connected to the Net Wink

Well, "someone is accepting bitcoins" is way different from "someone is allowing anyone to sell bitcoins on their platform", the later has implications for money laundering, which they hate as much as they hate death.

OK cool. Get your point. Still think its a huge step forward, I thought it would a be a long time before eBay in any country would move towards accepting virtual currency sales. Bodes well for the next few months.
hero member
Activity: 784
Merit: 1000
That's brilliant news - just the UK though?

Not that much difference really, people in other countries can purchase from UK as well(no shipping problem Wink).

Consider the hostile regulatory environment in U.S and many other places, I would say it's probably as far as they can go.

Does this mean the UK is the most liberal bitcoin environment that eBay operates in? That does surprise me Wink

Certainly not, but it maybe what their powerbrokers and relation people can secure for them.(they are really good at that, Paypal is about the only foreign payment company which can legally circumvent China's capital control)

I personally do not favor a coordinated global launch, not to attract the U.S regulators attention too early...

Hey overstock just launched in US, porn.com, newegg.com to hopefully follow soon. If the US regulators haven't noticed yet what's going, they must not be connected to the Net Wink

Well, "someone is accepting bitcoins" is way different from "someone is allowing anyone to sell bitcoins on their platform", the later has implications for money laundering, which they hate as much as they hate death.
hero member
Activity: 518
Merit: 500
That's brilliant news - just the UK though?

Not that much difference really, people in other countries can purchase from UK as well(no shipping problem Wink).

Consider the hostile regulatory environment in U.S and many other places, I would say it's probably as far as they can go.

Does this mean the UK is the most liberal bitcoin environment that eBay operates in? That does surprise me Wink

Certainly not, but it maybe what their powerbrokers and relation people can secure for them.(they are really good at that, Paypal is about the only foreign payment company which can legally circumvent China's capital control)

I personally do not favor a coordinated global launch, not to attract the U.S regulators attention too early...

Hey overstock just launched in US, porn.com, newegg.com to hopefully follow soon. If the US regulators haven't noticed yet what's going, they must not be connected to the Net Wink
hero member
Activity: 784
Merit: 1000
That's brilliant news - just the UK though?

Not that much difference really, people in other countries can purchase from UK as well(no shipping problem Wink).

Consider the hostile regulatory environment in U.S and many other places, I would say it's probably as far as they can go.

Does this mean the UK is the most liberal bitcoin environment that eBay operates in? That does surprise me Wink

Certainly not, but it maybe what their powerbrokers and relation people can secure for them.(they are really good at that, Paypal is about the only foreign payment company which can legally circumvent China's capital control)

I personally do not favor a coordinated global launch, not to attract the U.S regulators attention too early...
hero member
Activity: 518
Merit: 500
That's brilliant news - just the UK though?

Not that much difference really, people in other countries can purchase from UK as well(no shipping problem Wink).

Consider the hostile regulatory environment in U.S and many other places, I would say it's probably as far as they can go.

Does this mean the UK is the most liberal bitcoin environment that eBay operates in? That does surprise me Wink
hero member
Activity: 784
Merit: 1000
That's brilliant news - just the UK though?

Not that much difference really, people in other countries can purchase from UK as well(no shipping problem Wink).

Consider the hostile regulatory environment in U.S and many other places, I would say it's probably as far as they can go.
hero member
Activity: 518
Merit: 500
That's brilliant news - just the UK though?
hero member
Activity: 784
Merit: 1000
Well done and thanks, Mr Marcus. Smiley
legendary
Activity: 1148
Merit: 1014
In Satoshi I Trust
member
Activity: 70
Merit: 10
Jump to: