Topic: Ebay - the first tech giant to accept Bitcoin? - page 2. (Read 6773 times)
In theory does ebay dump more coins than new adopters purchase currency?... IMO this would drop the price for quite a while.... where as stock exchange offers immediate positive impact.
The BTC user base is so small, less than 1 million people, that there would be no invective for eBay to accept BTC. It's kind of silly to think that eBay or any large corporation is considering adopting BTC in the near-future. It's not worth the trouble for large companies to start accepting BTC, especially since the bottom line for them is potential profits. Maybe if the BTC user base was huge, they would consider adding it, but not the other way around. Btw, ebay sucks and their fees are ridiculous.
You don't consider Overstock a large corporation?
yeah i don't know what he's talking about. tigerdirect and overstock adopting bitcoin has been a boon for their businesses. getting 1 million people, with all these bitcoins to spend, onto your website is good. it also puts tigerdirect and overstock in the spotlight, so they get free press.
The BTC user base is so small, less than 1 million people, that there would be no invective for eBay to accept BTC. It's kind of silly to think that eBay or any large corporation is considering adopting BTC in the near-future. It's not worth the trouble for large companies to start accepting BTC, especially since the bottom line for them is potential profits. Maybe if the BTC user base was huge, they would consider adding it, but not the other way around. Btw, ebay sucks and their fees are ridiculous.
I've said this before, but Ebay won't ever accept Bitcoin. But that doesn't mean Paypal won't.
Its much simpler for them to allow users to fund their Paypal account through Bitcoin deposits, instead of allowing direct payments on Ebay. It solves both of their problems because they can accept Bitcoin and still collect on the Paypal transaction fees.
The BTC user base is so small, less than 1 million people, that there would be no invective for eBay to accept BTC. It's kind of silly to think that eBay or any large corporation is considering adopting BTC in the near-future. It's not worth the trouble for large companies to start accepting BTC, especially since the bottom line for them is potential profits. Maybe if the BTC user base was huge, they would consider adding it, but not the other way around. Btw, ebay sucks and their fees are ridiculous.
You don't consider Overstock a large corporation?
The BTC user base is so small, less than 1 million people, that there would be no invective for eBay to accept BTC. It's kind of silly to think that eBay or any large corporation is considering adopting BTC in the near-future. It's not worth the trouble for large companies to start accepting BTC, especially since the bottom line for them is potential profits. Maybe if the BTC user base was huge, they would consider adding it, but not the other way around. Btw, ebay sucks and their fees are ridiculous.
I think good smart companies are proactive ones as well.
The BTC user base is so small, less than 1 million people, that there would be no invective for eBay to accept BTC. It's kind of silly to think that eBay or any large corporation is considering adopting BTC in the near-future. It's not worth the trouble for large companies to start accepting BTC, especially since the bottom line for them is potential profits. Maybe if the BTC user base was huge, they would consider adding it, but not the other way around. Btw, ebay sucks and their fees are ridiculous.
Paypal are just using BTC for publicity, no, they will never integrate Bitcoin
if a giant like ebay starts accepting bitcoins then i think it wud be a giant leap for the btc itself, ebay accepting btc will lead to other giants accepting it too and thus leading to price rise of the bitcoin.
All it takes is one big player and the rest will follow. I really hope PayPal do accept BTC!
Agreed. And note that 99% of the big players (Amazon, Ebay.etc) already accept Paypal. So if Paypal integrates Bitcoin as one of their currencies, then we might not need any more big players.
Like others I don't like PayPal at all, but if they do integrate bitcoin then it's amazing simply for free advertising and to show the world that big companies are willing to use it. All it takes is one big player and the rest will follow. I really hope PayPal do accept BTC!
This guy only addresses bitcoin as a payment protocol, and not as a currency. Of course paypal wouldn't replace ACH with bitcoin, they'd have to convince banks to do the same. Do people get paid to write shit like this?
http://motoringcrunch.com/news/bitcoin-for-paypal-is-it-worth-it/10015628/
BitCoin For PayPal: Is It Worth It?
BitCoin For PayPal: Is It Worth It?
Since ebay owns PayPal, this is unlikely to happen.
I guess PayPal will offer Bitcoin wallet service and a Bitcoin changer service like CoinBase.
http://motoringcrunch.com/news/bitcoin-for-paypal-is-it-worth-it/10015628/
BitCoin For PayPal: Is It Worth It?
BitCoin For PayPal: Is It Worth It?
If some of the big names (such as Ebay or Amazon) start to accept Bitcoin, then it will act similar to a chain reaction. Other top brands also will follow very soon. In no time, we will be seeing a 10-times or even 100-times increase in the exchange rate.
I hope it happens soon!
Let me play devils advocate for a moment. Let's say Ebay makes the decision to implement BTC. Do you think there would be a shift from fraudulent buyers, to fraudulent sellers? They would have to come up with clear guidelines on what steps are taken if you purchase something with BTC, and then either never receive what you purchased, or it is damaged. Will Ebay refund you with BTC or fiat? How will they handle it if the price of BTC is significantly different at the time of the refund vs. the time of the purchase?
I bet that they would allow you to deposit BTC into a Paypal wallet and only let you pay from there for eBay purchases. That way they have control over the payment still.
i wish ebay do so
Let me play devils advocate for a moment. Let's say Ebay makes the decision to implement BTC. Do you think there would be a shift from fraudulent buyers, to fraudulent sellers? They would have to come up with clear guidelines on what steps are taken if you purchase something with BTC, and then either never receive what you purchased, or it is damaged. Will Ebay refund you with BTC or fiat? How will they handle it if the price of BTC is significantly different at the time of the refund vs. the time of the purchase?
Accepting Bitcoin would be extremely bad for Ebay's relationship with Paypal. I can't see this actually happening anytime soon.
The parasite called Paypal gives kickbacks to Ebay I'm sure.
You do realize that Ebay owns Paypal? The parasite called Paypal gives kickbacks to Ebay I'm sure.
I'm pretty sure that they have considered this. But being behind with new technology might be bad as well for them.
Ebay will never allow you to take bitcoin directly. Even if ebay didn't own paypal, they'd be stupid to promote the use of bitcoin directly. Ignorant customers would be getting regularly scammed, and sellers could disappear and not pay seller fees. They'd have to recommend a trusted escrow, or even force the use of an escrow service. They basically have that escrow in paypal already. Paypal must see increased profits, or a reduction in lost profits, before they will implement bitcoin. The best thing any of us can do to promote bitcoin to paypal, is to promote bitcoin to ebay users via auctions entirely unrelated to bitcoin. Start adding something about bitcoin to the description of any item you list on ebay. "Don't like paypal? I accept cash or bitcoins in person."
You can just close your Paypal account and open up a new one it's going to be pretty obvious from the products your selling heaps of businesses have had to be come honest to preserve their Paypal accounts
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