Interesting... I was actually considering selling some stuff on ebay to raise money for a mining machine. I didn't know the seller took that much risk. That sucks man, sorry you got screwed. I don't know how people live with themselves after doing that shit to someone. I've bought quite a bit of stuff on ebay, but never sold anything. My wife sells some stuff on Etsy, but hasn't had any problems. Since you guys seem to know quite a bit about this stuff I was wondering if I could ask you for some advice... I see some really nice bitcoin miners for sale on ebay but they are pre-orders. I was wondering if anyone knows if ebay will honor their protections for the buyer if I were to buy a pre-order on ebay and the seller never shipped it. It would be like 2 months after the sale, so I don't know if they would honor their terms that late. I know that ebay has buyer protection, as does paypal, and I figured if I paid with an American Express card through paypal that should give me additional protection, but not sure if it would work on a pre-order 2 = months in advance. I really want to get one of the 1.2+ THs miners but most of the places selling them only accept bitcoin or wire transfer for them, and I have no protection that way unless I use escrow. I haven't seen a company that is offering escrow for those miners. There was a time when I was very trusting... but got burned once, happily AmEx covered me on it. I love the idea of the way bitcoin works, but the trust issue is the biggest problem and where credit cards still hold an advantage. We need a really cheap escrow system of some kind to get more people to use bitcon, if it costs too much people will fall back on their credit cards. Maybe someone will come up with a bitcoin credit card...
Korxax
Even if EBay doesn't protect you as a buyer your CC company would protect you under 0 liability.
The UCC and almost all states protect buyers for a good reason. If you pay with bank or BTC you are only covered to the extent that you can hire a lawyer and file suit in court. Normally you won't make out well on under $50,000 deals in court after paying fees. (Normally) And under what $3,000 to $7,500 USD you would be in small claims court anyways.