eBay official splits from Paypal - page 2.

tyz

legendary

Activity: 3360

Merit: 1533

I am not certain of it. Ebay needs to find new ways to make profit. Accepting virtual currencies like Bitcoin could be an option. I am pretty sure, Ebay already took this option seriously into consideration internally.

Quote from: randy8777 on July 17, 2015, 05:03:56 PM

Quote from: ahmedjamal1998 on July 17, 2015, 04:36:19 PM

Wouldn't it be great if e-bay adds bitcoins as a method of payment ? Roll Eyes

it would be great for sure. but don't think they will any time soon, if ever. they will only do it if the demand is there. i'm sure when amazon will accept bitcoin, ebay will surely follow.

yayayo

legendary

Activity: 1806

Merit: 1024

Quote from: tyz on July 17, 2015, 04:34:38 PM

i think ebay will meat the fate of Yahoo. Paypal was ebay's cash machine. Without it, Ebay will be a less profitable internet company with limited growth.

I agree, but not necessarily because they spun off Paypal. I think it will turn out as a bad strategy to imitate Amazon by harassing their sellers to accept customer dictatorship. This way many casual sellers have left eBay (me too). These casual sellers were also buyers. As a result, the whole eBay experience has changed dramatically in the last years: You find much less individual and interesting offers in auction format, instead eBay is flooded by instant-buy mass-market articles that you can always buy cheaper elsewhere.

Ebay lost its uniqueness as an online marketplace and that will be its downfall.

ya.ya.yo!

Acidyo

hero member

Activity: 588

Merit: 500

Will Bitcoin Rise Again to $60,000?

Papal also just bought out ZOOM for $890M - They have their own agenda.

randy8777

legendary

Activity: 896

Merit: 1000

Quote from: ahmedjamal1998 on July 17, 2015, 04:36:19 PM

Wouldn't it be great if e-bay adds bitcoins as a method of payment ? Roll Eyes

it would be great for sure. but don't think they will any time soon, if ever. they will only do it if the demand is there. i'm sure when amazon will accept bitcoin, ebay will surely follow.

ahmedjamal1998

hero member

Activity: 728

Merit: 537

Wouldn't it be great if e-bay adds bitcoins as a method of payment ? Roll Eyes

tyz

legendary

Activity: 3360

Merit: 1533

i think ebay will meet the fate of Yahoo. Paypal was ebay's cash machine. Without it, Ebay will be a less profitable internet company with limited growth.

Greendragon

member

Activity: 70

Merit: 10

bullish

Amph

legendary

Activity: 3248

Merit: 1070

are ebay facing a general decline in its users base with the recents news? if without paypal their revenue will remain the same then i doubt they would acquire bitcoin

but it can be because they are not in a good shape for now, they are losing quite a good amount of profit per year

http://qz.com/455978/ebays-about-to-split-with-paypal-and-has-no-real-plan-for-growth/

neurotypical

hero member

Activity: 672

Merit: 503

Quote

EBay Inc. last year fought to keep hold of PayPal in a contentious battle before reversing course. As it plans to spin off the fast-growing payments unit on Friday, the e-commerce company may wish it had held its ground.

The company’s second-quarter results, its last as a united entity, tell a story of two online giants headed in seemingly opposite directions. While PayPal can point to double-digit revenue growth and a slate of recent acquisitions, eBay is beset by shrinking sales and is jettisoning assets.

http://www.wsj.com/articles/ebay-revenue-rises-as-earnings-top-expectations-1437048364

Time for eBay to man up and start accepting Bitcoin directly through their in-built interface. Be the pioneer and make Paypal look like idiots in the future. Now it's their chance to shine.

Topic: eBay official splits from Paypal - page 2. (Read 1505 times)