Topic: Ebay again talking about Bitcoin - page 2. (Read 5451 times)
I really like buying stuff with paypal actually. It's awesome when you arent 100% sure about the shop.
Somehow, paypal and BTC can probably coexist. paypal will add a fee and security, while BTC will remain wild, unregulated and much cheaper. I've criticized paypal many times for their high fees, but if some people are willing to pay them for added security, that's all right with me.
The only benefit of e-bay is how many people use it, other than that it is awful and we don't want it.
thats what people said before we had bitpay and ever since the idea of a bitcoin payment processor doesnt look so silly now.
You may also want to ask BFL customers if they think the idea of third party conflict resolution / escrow/reversibility is something they really dont want in the bitcoin realm.
Never mind the possibility of being able to purchase bitcoins with a credit card or paypal balance. Just imagine how awful that would be!
The only benefit of e-bay is how many people use it, other than that it is awful and we don't want it.
thats what people said before we had bitpay and ever since the idea of a bitcoin payment processor doesnt look so silly now.
You may also want to ask BFL customers if they think the idea of third party conflict resolution / escrow/reversibility is something they really dont want in the bitcoin realm.
Never mind the possibility of being able to purchase bitcoins with a credit card or paypal balance. Just imagine how awful that would be!
Troll educational post:
1. This thread is titled "Ebay again talking about Bitcoin" because Ebay is talking about Bitcoin again. Note that it is not titled "Bitcoin again talking about Ebay"
2. There's no way Paypal will ever issue their own "cryptocurrency", there's simply no reason to. Paypal is already it's own virtual currency. Until you cash out, your funds are only entries on Paypal's ledger. They would gladly just ignore bitcoin if they thought they could.
1. This thread is titled "Ebay again talking about Bitcoin" because Ebay is talking about Bitcoin again. Note that it is not titled "Bitcoin again talking about Ebay"
2. There's no way Paypal will ever issue their own "cryptocurrency", there's simply no reason to. Paypal is already it's own virtual currency. Until you cash out, your funds are only entries on Paypal's ledger. They would gladly just ignore bitcoin if they thought they could.
The only benefit of e-bay is how many people use it, other than that it is awful and we don't want it.
Ebay need BTC , BTC doesn't need EBAY
Why exactly does Ebay need a payment method fewer than one in a thousand people know about? Thus far Bitcoin's main utility is as a medium for speculation, and the price rises reflect the belief of those in the Bitcoin bubble that it is only going to appreciate in value. Of course that never happens, and eventually the speculators realise they are left with a bunch of almost worthless tulip bulbs.
You people are so naive it's dangerous.
Paypal/Ebay are clearly interested in implementing their own crypto currency with additional features to aid consumer adoption, amd then they will use the ubiquity of paypal to push this new currency on users. There is precisely zero chance of Paypal (or any other payment provider) ever accepting Bitcoins.
Paypal/Ebay are clearly interested in implementing their own crypto currency with additional features to aid consumer adoption, amd then they will use the ubiquity of paypal to push this new currency on users. There is precisely zero chance of Paypal (or any other payment provider) ever accepting Bitcoins.
Ebay need BTC , BTC doesn't need EBAY
I don't think ebay will ever implement bitcoins!
In the near future they won't have any other option than to accept bitcoins.
Such laughable hubris for a 'currency' that isn't even a fraction of a drop in the ocean of world commerce.
Well BitMit has a escrow service. Dunno if eBay has it, but that is a huge plus.
ebay/paypal doesnt need escrow because of its reversibility. But since pp already implements consumer protection and conflict resolution, adding escrow for bitcoin (or making the payments reversible, even if through fiat) seems pretty darn obvious.
Ive always said paypal and bitcoin are not enemies, but natural allies. Paypal and bitpay would be enemies, well, competitors really, but paypal brings a lot to the table that is really useful for bitcoin and that no one offers yet.
My bold prediction: in 2014 paypal will buy bit-pay and it's tony Gallippi's turn to retire young and rich or start building space rockets and electric cars
It's becoming obvious that Paypal will just add btc as yet another currency. They've hinted at this for months now.
Why?
1. They get to add their 2.9% transaction fee, exorbitant currency exchange fees, and "buyer protection" layer to bitcoin transactions.
2. They will then "allow" Ebay sellers to accept bitcoin - but only through Paypal. Just like they no longer allow money-orders or western union.
3. This will seriously undermine competitor startups like Bitpay, Coinbase, Ripple, etc. because Paypal will be offering the same services to a much larger user base (albeit with higher fees).
Why?
1. They get to add their 2.9% transaction fee, exorbitant currency exchange fees, and "buyer protection" layer to bitcoin transactions.
2. They will then "allow" Ebay sellers to accept bitcoin - but only through Paypal. Just like they no longer allow money-orders or western union.
3. This will seriously undermine competitor startups like Bitpay, Coinbase, Ripple, etc. because Paypal will be offering the same services to a much larger user base (albeit with higher fees).
WOW! I went through the whole setup / verification nonsense on FT.com to read the article, then I noticed that you pasted it into the thread. Fail :l
I don't think ebay will ever implement bitcoins!
Neither do I. Paypal is only alive because of Ebay and Bitcoin is a direct competitor to Paypal.
I don't believe that happens in near future. We have to much way to walk.
If Bitmit becomes more popular then that may well kick the people who run ebay/paypal into taking it seriously.
+1 but if ebay was to accept bitcoins bitmit would be useless imho
If Bitmit becomes more popular then that may well kick the people who run ebay/paypal into taking it seriously.
+1 but if ebay was to accept bitcoins bitmit would be useless imho
If Bitmit becomes more popular then that may well kick the people who run ebay/paypal into taking it seriously.
There's nothing from preventing sellers accepting Bitcoins is there? People can just use it as their preferred method, though I guess eBay wouldn't be liable for any fraud that occurs from those auctions.
I don't think ebay will ever implement bitcoins!
In the near future they won't have any other option than to accept bitcoins.
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