Topic: Ebay CEO finally surrender to Bitcoin (Read 7439 times)

I agree that Bitcoin is the key to future of online payments. Today, millions of bitcoin was traded and thousands of company is accepting bitcoin..

This thing with eBay is hanging long enough... I think it's time to move on...either we accept them or we make a strong statement.

Resistance is futile.. love it 

I'm curious as to whether the news of Paypal slowly implementing BTC has anything to do with the decision of Ebay and Paypal to split?

I have always thought it kind of sucked that they were one in the same company, yet you get double charged by them when you sell something on ebay...

I'm def shopping at ebay Ive been a ebay fan since they came out. This makes it that much more awesome-er

Very positive news, like I've said before. These big business are all going to come around to Bitcoin, sooner or later.

oh man, I hope ebay implements it. It would make Amazon look like a joke! Imagine the media buzz?

When we will be able to actually sell things and recieve BTC in ebay? ive been reading about this since forever.

Hmm now that is interesting
I look forward to seeing how this turns out

Icahn was right: EBay, PayPal to become separate companies
http://www.sfgate.com/business/article/Icahn-was-right-EBay-PayPal-to-become-separate-5791009.php

I cant fucking wait until the day I get to buy something with BTC with ebay directly.

Mostly, the fact that putting "I accept bitcoin" in their auction would cause eBay to cancel it.  This leaves no good way for a buyer who is willing to pay with bitcoin to find a seller who is wiling to accept bitcoin.  Sending messages to each seller as a buyer would take a monumental amount of time when most of them probably aren't going to accept bitcoin, and hoping to get a message from a buyer offering to pay with bitcoin when most buyers aren't even aware of bitcoin wouldn't leave one with very good odds.  Beyond that, I'm not sure how far eBay goes to enforce their terms, but since it's against the rules to negotiate and sell items listed on eBay to people who found them on eBay outside of eBay, I wouldn't be 100% surprised if a message sent on eBay about bitcoin could lead to an account suspension.  However, people who want to buy and sell with bitcoin have other sites they can use, just without as much "protection," which the majority of users must think is free in spite of the fact that the sellers pay the fees and the buyers pay the higher prices.  The level of protection offered now (mostly to buyers) didn't always exist.  I've been scammed on eBay when paying through PayPal for physical goods that were never delivered.  The seller withdrew funds and eBay and PayPal didn't actually offer refunds via insurance, only reversals when possible.  Now, in order to get the protection everyone knows and loves, not only do the funds have to go through PayPal to ensure that PayPal and eBay get their cuts for the costs and/or risks they take providing protection, the fees have doubled and the funds also have to be escrowed for a long time for new sellers amongst other things.  The same fees and escrow periods will be true of auctions that accept bitcoin.  Allowing bitcoin to be sent directly to the seller would require the buyer to take all the risk, and most of the buyers on eBay don't want to do that.  More importantly, though, the majority of posters in this thread and the "Amazon needs to accept bitcoin" threads believe that these big powerhouses accepting and handling bitcoin will make other people who are not users more comfortable with the idea of bitcoin, spurring adoption, so even though you could theoretically win an auction from a seller who agrees to accept bitcoin after the fact (or even before you bid), that doesn't provide the benefit that everyone else here is looking for.

Exactly not
Why your reason this news bad for bitcoiner ?

It must not be a bad news for bitcoiner.

It is a great news specially for those who are involve with ebay. I have came to know that Amazon is also going to surrender to Bitcoin.

I believe that sellers have the opportunity to accept whatever payment methods they choose. If they can find a buyer who is willing to do this, they could sell their product for cash in the mail if they wanted to. I really don't see anything that would prevent people from paying with bitcoin now when they win an auction.

For them to protect you, they would need personal information?

Will I have to reveal my bitcoin identity?

It was going to happen sooner or later to ebay, it was inevitable

Yeaaah woohooo this great a news
And amazon maybe the next

Yes I have the same expectations with you 
Although it is difficult. ._.

IMO, bitcoin with ebay would be better through paypal because then the buyers are protected by Paypal. If ebay alone integrates btc, the buyers will have to rely too heavily on the seller's feedback. I think if ebay alone integrates btc, i think there may be a lot of scammers trying to take advantage since all you are on ebay is basically a screen name.