They are still banning users who deal with Bitcoin mining equipment, but they feel nothing wrong with acception bitcoins
From what source can you affirm that? Paypal confirmed about 2 months ago that they had no problem with mining gear.
Topic: eBay Officially Adds New ‘Virtual Currency’ Category to US Site (Read 2522 times)
From what source can you affirm that? Paypal confirmed about 2 months ago that they had no problem with mining gear.
legendary
Activity: 1302
Merit: 1008
Core dev leaves me neg feedback #abuse #political
They are still banning users who deal with Bitcoin mining equipment, but they feel nothing wrong with acception bitcoins
might not be a bad thing... is it really a good idea to send some clown on ebay your coins for an expensive rig
that might never show up?
They are still banning users who deal with Bitcoin mining equipment, but they feel nothing wrong with acception bitcoins
Wow, Great news... only one step remains Ebay accepting Bitcoin Payments... i know it will take time. But if this can happen then we hope to see Payments accepted also./
This news had absolutely no effect on the exchange rates. Right now they are going at around $ 450 in Bitstamp. I had expected at least a small jump in the prices. 
It might have prevented it from going lower?
This news had absolutely no effect on the exchange rates. Right now they are going at around $ 450 in Bitstamp. I had expected at least a small jump in the prices.
But I do believe that with all these accumulated and almost ignored good news, the next uptrend will be quite strong.
Yes the upward pressure from fundamentals is building very strongly and could make the breakout "violent" as it were. Which is unfortunate, since it will worry the weenies and we'll get all the tulip talk again.
Great news more merchants would use bitcoins.
not sure how will this act works with the exchange laws. But IRS do say its property so it doesn't count as exchange right?
if ebay doesnt remove it this is HUGEEE
The great news is they now allow trading it and, more importantly, since Paypal is theirs, they should finally stop this shame!
There is no sign that they are allowing the trade. Making a separate category is different from granting a permission.
Isn't the problem with Paypal rather than eBay? It's hard to prevent fraud in terms of virtual currencies. Paypal has a history of always protecting the buyers.
thats great news but not huge definitely
bitcoin is growing nice
bitcoin is growing nice
legendary
Activity: 1302
Merit: 1008
Core dev leaves me neg feedback #abuse #political
I expected bigger change in the BTC rate...
For the love of all that is holy, STOP worshipping the fiat exchange rate!!! That rate is WRONG to begin with because it assigns a monetary value to fiat greater than 0!
Give the world time to figure out just how obsolete fiat is, the exchange rate will correct itself. This will take years, not days, by the way.
haha... love the enthusiasm, Beliathon. (Obviously fiat is still
worth something because you can buy stuff with it, but
we're on the right track.)
OP, yes it is absolutely huge news. Hopefully they will handle
it well - for example, transfers in BTC should be posed
within ebay so if there's any contention, a false chargeback
in fiat would not occur.
Until they sort the paypal fraud chargebacks it wont really matter. People will still get scammed out of their coins no doubt.
Have they ever heard of the block chain ?
Block chain screenshot + screen shot of the buyer supplying his address = scam proof.
Ahh chargeback... Well... They could only allow paypal account linked to a bank account to buy cryptos.
Yeah Definlty get bit and do you think ebay will have no choice to implement and see they will lose to them once they are getting more customers then them or they wont care. I wanna see how much Pride ebay and paypal have.
I don't think they will accept BTC, as the fact they will charge "transaction fees" and we are smarter than that and they know it. So they're going to have to rename there ridiculous fees something else to keep raking in the cash
Yeah Definlty get bit and do you think ebay will have no choice to implement and see they will lose to them once they are getting more customers then them or they wont care. I wanna see how much Pride ebay and paypal have.
Bitcoin will be big when amazon.com accepts BTC
The "virtual currency" section is just like the UK section of the same name. it is a classified ads only section where there is not buyer protection. I would believe that users are free to make their own deals. However, I am sure that PayPal will still freeze seller's accounts and honor buyers' dispute. I would beware for now until PayPal releases an a statement that they will allow cyptocurrency transfers (unlikely). This makes these listings as worse than craigslist and localbitcoin.
I expected bigger change in the BTC rate...
Frequently in the last month CoinDesk has had more than a page worth of "Good news" headlines in a day, "it" is happening, BUT the China FUD has been overwhelming it.
News never really affect the Bitcoin price. Bad news serves as catalysts when market is in bear-mode while good news have no effects, and vice versa for bull markets.
But I do believe that with all these accumulated and almost ignored good news, the next uptrend will be quite strong.
This is not news. They added this category to the UK site a few months ago. This is just addition to the US site now.
They indeed added it a few months ago, but it did not last long, the category was removed after two or three weeks.
Perhaps they just wanted to test it? So now this is news.
Jump to: