Topic: ebay (Read 2059 times)
It would make sense if they acted as an escrow and people deposited both fiat and virtual currencies. This way the sellers could avoid getting screwed. (they would still need to change some of their policies in regards to the buyers being able to claim they "got hacked")
Kind of a right hand doesn't know what the left hand is doing situation if eBay is trapping virtual currency sellers into violating PayPal's TOS.
Or perhaps its one of those "whoops, we were supposed to announce that paypal is now cool with bitcoin first" situations
eBay needs to take away electronic payments as a requirement for that subsec, like they do with Everything Else>Adult Only. Electronic payment processors invariably ban bitcoin and the like.
This explains something different 
http://deals.ebay.com/blog/whats-the-deal-with-bitcoins-anyway/
So what is the reason for "Virtual Currency" sub-section?
eBay needs to take away electronic payments as a requirement for that subsec, like they do with Everything Else>Adult Only. Electronic payment processors invariably ban bitcoin and the like.
http://www.ebay.com/sch/Virtual-Currency-/179023/i.html
Virtual Currency sub-section seems enabled on eBay ...
Virtual Currency sub-section seems enabled on eBay ...
I don't see eBay adopting bitcoin any time soon. It is a huge direct competition to paypal. Which they of course own.
Exactly.
My take on this was:
1. "We have been looking at whether we could engage the Bitcoin enabled consumer base by enabling Bitcoin as a source of funding within the existing PayPal payment model (i.e. Bitcoin>PayPal>eBay) and thereby retain our existing payment commission model."
Probably some mileage in this as long as eBay can maintain competitive advantage as a premium marketplace provider.
2. "We also realise that long term this might be game over for PayPal and our associated revenue stream, and we are reluctantly looking at the possibility of a future landscape with direct Bitcoin>eBay integration. However we anticipate that the legal and regulatory hurdles associated with enterprise scale adoption of Bitcoin would mean this is not likely to become a realistic threat or opportunity for at least a few years"
Again, probably about all someone in his position could say.
1. "We have been looking at whether we could engage the Bitcoin enabled consumer base by enabling Bitcoin as a source of funding within the existing PayPal payment model (i.e. Bitcoin>PayPal>eBay) and thereby retain our existing payment commission model."
Probably some mileage in this as long as eBay can maintain competitive advantage as a premium marketplace provider.
2. "We also realise that long term this might be game over for PayPal and our associated revenue stream, and we are reluctantly looking at the possibility of a future landscape with direct Bitcoin>eBay integration. However we anticipate that the legal and regulatory hurdles associated with enterprise scale adoption of Bitcoin would mean this is not likely to become a realistic threat or opportunity for at least a few years"
Again, probably about all someone in his position could say.
http://www.ebay.com/sch/Virtual-Currency-/179023/i.html
Virtual Currency sub-section seems enabled on eBay ...
Virtual Currency sub-section seems enabled on eBay ...
Wow, GPUminer software a steal at only $199!
http://www.ebay.com/sch/Virtual-Currency-/179023/i.html
Virtual Currency sub-section seems enabled on eBay ...
Virtual Currency sub-section seems enabled on eBay ...
I don't see eBay adopting bitcoin any time soon. It is a huge direct competition to paypal. Which they of course own.
Thank god Amazon is competing with Paypal now. Paypal is a nightmare for a lot of people.
cashing out is the only thing stopping eBay from getting onboard.
No owning paypal is what's stopping ebay from getting on board. Notice you can't pay with any competing online payment systems with ebay?
Actually, you can use Skrill and Propay:
http://pages.ebay.com/help/pay/methods.html
cashing out is the only thing stopping eBay from getting onboard.
No owning paypal is what's stopping ebay from getting on board. Notice you can't pay with any competing online payment systems with ebay?
http://www.ebay.com/sch/Virtual-Currency-/179023/i.html
Virtual Currency sub-section seems enabled on eBay ...
Virtual Currency sub-section seems enabled on eBay ...
That means they will allow to sell bitcoins via ebay+paypal?
I don't think so.
you can, but you must be registered as an authorized bitcoin reseller with paypal.
no joke.
wtf?
Any place where you can read that info? How do you opt for being official reseller?
http://www.ebay.com/sch/Virtual-Currency-/179023/i.html
Virtual Currency sub-section seems enabled on eBay ...
Virtual Currency sub-section seems enabled on eBay ...
That means they will allow to sell bitcoins via ebay+paypal?
I don't think so.
you can, but you must be registered as an authorized bitcoin reseller with paypal.
no joke.
http://www.ebay.com/sch/Virtual-Currency-/179023/i.html
Virtual Currency sub-section seems enabled on eBay ...
Virtual Currency sub-section seems enabled on eBay ...
I don't see eBay adopting bitcoin any time soon. It is a huge direct competition to paypal. Which they of course own.
http://www.ebay.com/sch/Virtual-Currency-/179023/i.html
Virtual Currency sub-section seems enabled on eBay ...
Virtual Currency sub-section seems enabled on eBay ...
That means they will allow to sell bitcoins via ebay+paypal?
I don't think so.
http://www.ebay.com/sch/Virtual-Currency-/179023/i.html
Virtual Currency sub-section seems enabled on eBay ...
Virtual Currency sub-section seems enabled on eBay ...
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