Topic: Customers to decide if eBay should adopt Bitcoin, will they? (Read 5413 times)
Whatever the outcome of the ideas given here, I suppose that right now, anyone selling something on Ebay can just add at the end of his product's description that he'll gladly accept BTC as payment.
September 09, 2013, 11:44:20 AM
doubt it. they make too much money on paypal...
September 09, 2013, 03:39:25 AM
For these big companies its the timing on when they will get in, you never know how quick things could change on them if they are to slow to act, a online company like ebay could make the switch fairly quickly while say a very large department store chain could take longer.
September 09, 2013, 02:53:17 AM
Ebay does have an officially recommended escrow service (mainly for big-ticket items). For small purchases, the fee is 3.25% or $25; whichever is greater.
I sent a paper letter to escrow.com two years ago explaining Bitcoin and mentioning how m-n transactions can simplify the escrow process.
It is possible that somebody looked into it further without getting back to me.
I sent a paper letter to escrow.com two years ago explaining Bitcoin and mentioning how m-n transactions can simplify the escrow process.
It is possible that somebody looked into it further without getting back to me.
September 08, 2013, 11:48:25 PM
If Ebay ever adopts or even officially allows bitcoin as a payment method, it would most likely only be as BTC-denominated payments through Paypal (owned by Ebay and not surprisingly also considering bitcoin).
There's no way they'll *ever* allow an irreversible form of payment like direct buyer-seller bitcoin transactions. Paying in BTC through Paypal would add the layer of "buyer protection" (and 2-3% fees). Anything else would undermine their revenue model.
There's no way they'll *ever* allow an irreversible form of payment like direct buyer-seller bitcoin transactions. Paying in BTC through Paypal would add the layer of "buyer protection" (and 2-3% fees). Anything else would undermine their revenue model.
September 08, 2013, 07:30:57 PM
someone said this is not official ebay video and I believe them.
September 08, 2013, 06:44:41 PM
doubt it. how would they refund people their money if they don't control it 
plus they cant freeze your bitcoin wallet.
thats their 2 favourite past times ruined already!
plus they cant freeze your bitcoin wallet.
thats their 2 favourite past times ruined already!
September 08, 2013, 06:53:06 AM
If this is legit, then this is great news for Bitcoin
September 08, 2013, 06:46:10 AM
ebay own paypal.
i tried to sell some btc on ebay, but they pulled my auction because they dont allow dont delivery.
i tried to sell some btc on ebay, but they pulled my auction because they dont allow dont delivery.
September 08, 2013, 03:49:16 AM
Well pro bitcoin get through the myths of it being a ponzi scheme etc and we are that much closer to mainstream acceptance.
September 08, 2013, 03:42:22 AM
PayPal could easily forego the $.35 fee and simply charge only the 2.9% fee right after they purchase BitPay for $(x)M.
September 08, 2013, 03:33:14 AM
Probably crash bitcoin, it can't handle the transactions per second. Blockchain would grow to unusable size. We will all be using quarkcoins.
September 07, 2013, 01:55:38 PM
Where do you see that eBay wants/plans/thinks or just imagines to implement bitcoins?
eBay has a business model based on fees (with paypal).
If they implement bitcoins, they will take 5% fees on each transactions, and it won't be cheaper to pay with bitcoins or usd, so what would be the point?
eBay has a business model based on fees (with paypal).
If they implement bitcoins, they will take 5% fees on each transactions, and it won't be cheaper to pay with bitcoins or usd, so what would be the point?
More choice for Bitcoin customers buying from on-line marketplaces. It would also add perceived legitimacy to Bitmit, in an indirect way, and so would help stimulate the competition in the sector.
September 07, 2013, 09:01:29 AM
Where do you see that eBay wants/plans/thinks or just imagines to implement bitcoins?
eBay has a business model based on fees (with paypal).
If they implement bitcoins, they will take 5% fees on each transactions, and it won't be cheaper to pay with bitcoins or usd, so what would be the point?
eBay has a business model based on fees (with paypal).
If they implement bitcoins, they will take 5% fees on each transactions, and it won't be cheaper to pay with bitcoins or usd, so what would be the point?
yes, maybe its not cheaper but it would be a huge push for bitcoin.
September 07, 2013, 08:37:05 AM
Could anyone add subtitles for this video? Or just correct english text?
September 07, 2013, 07:56:44 AM
Where do you see that eBay wants/plans/thinks or just imagines to implement bitcoins?
eBay has a business model based on fees (with paypal).
If they implement bitcoins, they will take 5% fees on each transactions, and it won't be cheaper to pay with bitcoins or usd, so what would be the point?
Yeah, who cares if one of the largest online marketplaces in the world accepts bitcoin?eBay has a business model based on fees (with paypal).
If they implement bitcoins, they will take 5% fees on each transactions, and it won't be cheaper to pay with bitcoins or usd, so what would be the point?
[/sarcasm]
September 07, 2013, 07:48:31 AM
Where do you see that eBay wants/plans/thinks or just imagines to implement bitcoins?
eBay has a business model based on fees (with paypal).
If they implement bitcoins, they will take 5% fees on each transactions, and it won't be cheaper to pay with bitcoins or usd, so what would be the point?
eBay has a business model based on fees (with paypal).
If they implement bitcoins, they will take 5% fees on each transactions, and it won't be cheaper to pay with bitcoins or usd, so what would be the point?
September 07, 2013, 07:02:19 AM
this could be the highest push for bitcoin so far.
September 07, 2013, 06:56:37 AM
I hope so, makes it alot easier to place international orders.
September 07, 2013, 06:43:23 AM
Even those credit card and other online payment companies would adopt bitcoin, since that will greatly simplify their international transactions (today they provide two different currency convertion process in international payment, means they do have some cost when it comes to foreign exchange), and that will greatly reduce the traffic burden on the bitcoin network
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