Hold on....you can buy things on ebay now....with Bitcoins!

manselr

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Quote from: snarlpill on June 09, 2015, 12:58:24 PM

I don't really have any problems with Gyft supporting Bitcoin instead of eBay directly accepting it. I feel like eBay would just dump any Bitcoin received for fees anyways, just as other large merchants dump all BTC for fiat when they accept if for payments. I feel like Gyft at least holds some of their BTC, and they were an early supporter of Bitcoin so I have no problem supporting them with my BTC. They provide a fair & reliable service and allow you to indirectly spend your Bitcoin at a wide variety of merchants, and give you 3x Gyft points for doing it; I don't see what's not to like about that.

And you definitely can buy pretty much anything on eBay. They are a Huge company though and still can't lower seller fees, which end up being 10-15% after PayPal fees are factored in too. I'd rather see Bitcoin market competitors to eBay like CryptoThrift and OpenBazaar succeed.

**One downside to Gyft that I see though is that they are US-only, or at least they were. It probably doesn't matter much anyways though as I'm pretty sure you can use the Gyft-purchased cards online with most merchants. Still would be nice to see them expand and be able to use purchased cards at brick-and-mortar merchants in other parts of the world.

I just feel more secure with direct BTC usage, controlling my addresses and whatnot, and what you just mentioned. With direct BTC it could be worldwide without distinctions on the fees.

snarlpill

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I don't really have any problems with Gyft supporting Bitcoin instead of eBay directly accepting it. I feel like eBay would just dump any Bitcoin received for fees anyways, just as other large merchants dump all BTC for fiat when they accept if for payments. I feel like Gyft at least holds some of their BTC, and they were an early supporter of Bitcoin so I have no problem supporting them with my BTC. They provide a fair & reliable service and allow you to indirectly spend your Bitcoin at a wide variety of merchants, and give you 3x Gyft points for doing it; I don't see what's not to like about that.

And you definitely can buy pretty much anything on eBay. They are a Huge company though and still can't lower seller fees, which end up being 10-15% after PayPal fees are factored in too. I'd rather see Bitcoin market competitors to eBay like CryptoThrift and OpenBazaar succeed.

**One downside to Gyft that I see though is that they are US-only, or at least they were. It probably doesn't matter much anyways though as I'm pretty sure you can use the Gyft-purchased cards online with most merchants. Still would be nice to see them expand and be able to use purchased cards at brick-and-mortar merchants in other parts of the world.

manselr

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Quote from: AlgoSwan on June 05, 2015, 04:43:33 PM

Quote from: btcton on June 05, 2015, 04:36:51 PM

Quote from: AlgoSwan on June 05, 2015, 04:35:02 PM

very cool indeed. Is that real?

I have used them before for Amazon rather than ebay. I can therefore say that they work, at least with Amazon. I don't see why ebay would be any different.

eBay and PayPal split could be the main reason of eBay's recent BTC move.

It is just gift cards available through gyft, I don't see this being an ebay Bitcoin move. It is nice to be able to eBay with BTC being the root of the funds though.

It's better than nothing, but I would still like to be able to directly receive BTC from a public master key as a merchant, rather than be dealing with gift cards. It will eventually happen. Just like it should eventually happen with Steam if Gaben wasn't such a stuck up.

Q7

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If gyft can do that, I'm sure others can do the same. The point is it doesn't matter if that is just gift cards business because once gyft successfully implement that it will set an example for others to follow. And i wonder why other businesses fail to see the advantage. There is no middle party like credit card companies and for sure they don't need to pay a share of their earnings to them. And for that they can offer better price compared to competitors and have the edge here in business. Oh well..

Elwar

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Quote from: WhatTheGox on June 08, 2015, 08:00:39 AM

Quote from: Elwar on June 05, 2015, 04:27:04 PM

I just made an ebay purchase using bitcoins via gyft.

https://www.gyft.com/buy-gift-cards/ebay/

So now that I can buy anything on Amazon through purse.io and ebay through gyft.com that covers about 90% of the goods I could ever want to buy online. Both at a discount.

Its cool, would be nice if gyft showed any discounts clearly at the site as far as i can see i couldn't work it out. Not tried the service yet though.

It's 3% when you buy with bitcoins.

WhatTheGox

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Quote from: Elwar on June 05, 2015, 04:27:04 PM

I just made an ebay purchase using bitcoins via gyft.

https://www.gyft.com/buy-gift-cards/ebay/

So now that I can buy anything on Amazon through purse.io and ebay through gyft.com that covers about 90% of the goods I could ever want to buy online. Both at a discount.

Its cool, would be nice if gyft showed any discounts clearly at the site as far as i can see i couldn't work it out. Not tried the service yet though.

erikalui

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Quote from: Rimmer on June 08, 2015, 04:30:14 AM

Quote from: erikalui on June 06, 2015, 04:24:38 PM

Ebay should directly accept bitcoin payments and then it would be good enough as PP can be charged back but not bitcoins. Their split up with PayPal has not made a significant difference as they only offer that payment option for US goods. For Indians they do have another payment option paisapay but that's also not good enough.

ebay wouldn't do this directly because they thrive on the fact that the buyer is protected so some sort of escrow would need to be used and that's essentially what Paypal is, but obviously it can be easily gamed. Paypal need to start footing the bill out of their own pocket when something doesn't go right but that wont happen so the alternative is to stop using them but that wont happen either.

PayPal supports the buyer/sender of the money in any case and thus the seller gets no protection whatsoever. A solid proof needs to be submitted to win a dispute and hence PayPal is not a convenient payment processor. Bitcoin payments will at least be a safe method to avoid chargebacks but still it can be abused if the seller is a fraud. In that case, ebay can offer an escrow as you recommended where the funds are released after the item has been delivered. Bitcoin payments are not restricted to any country unlike PP which is not an allowed payment processor in few countries.

Ebay may adopt bitcoin payment due to its popularity and we can only hope that it does happen.

Elwar

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Quote from: Hazir on June 08, 2015, 04:22:53 AM

Quote from: ?? on ??

It's always a bit disappointing seeing a title like that just to find out that the company didn't implement Bitcoin payment, but someone offers to order from them or gift cards.

I have the same feeling. It looks like someone else is capitalizing and earning additional fees instead Amazon or eBay. Sure it is convenient but it is just at the same like adding additional middleman services along the way. And bitcoin economy can't really bank of this fact because support of bitcoin is not official. I probably would rather exchange bitcoins and with my fiat buy directly from Amazon than use this method.

You would rather pay 1% to convert to fiat to pay directly on Amazon or Ebay as opposed to keeping it in bitcoins and saving up to 50% on Amazon or 3% on eBay by keeping it in bitcoin?

Rimmer

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Quote from: erikalui on June 06, 2015, 04:24:38 PM

Ebay should directly accept bitcoin payments and then it would be good enough as PP can be charged back but not bitcoins. Their split up with PayPal has not made a significant difference as they only offer that payment option for US goods. For Indians they do have another payment option paisapay but that's also not good enough.

ebay wouldn't do this directly because they thrive on the fact that the buyer is protected so some sort of escrow would need to be used and that's essentially what Paypal is, but obviously it can be easily gamed. Paypal need to start footing the bill out of their own pocket when something doesn't go right but that wont happen so the alternative is to stop using them but that wont happen either.

Hazir

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Quote from: ?? on ??

It's always a bit disappointing seeing a title like that just to find out that the company didn't implement Bitcoin payment, but someone offers to order from them or gift cards.

I have the same feeling. It looks like someone else is capitalizing and earning additional fees instead Amazon or eBay. Sure it is convenient but it is just at the same like adding additional middleman services along the way. And bitcoin economy can't really bank of this fact because support of bitcoin is not official. I probably would rather exchange bitcoins and with my fiat buy directly from Amazon than use this method.

Elwar

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Quote from: Herbert2020 on June 07, 2015, 10:33:08 PM

this is great news. i hoped that they start accepting bitcoin themselves but this is good too.

is there any place that you can buy steam wallet money (i forgot what it is exactly called, wallet code or something like that, that you can buy and gift that someone can top up their steam wallet)

https://steambitshop.com/

https://steamloader.com

As for Walmart, Gyft and Egifter stopped selling Walmart cards.
I did find this though, I'm not sure how it works:
https://www.cardflip.com/product-category/walmart/

Herbert2020

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this is great news. i hoped that they start accepting bitcoin themselves but this is good too.

is there any place that you can buy steam wallet money (i forgot what it is exactly called, wallet code or something like that, that you can buy and gift that someone can top up their steam wallet)

subSTRATA

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Quote from: erikalui on June 06, 2015, 04:24:38 PM

Ebay should directly accept bitcoin payments and then it would be good enough as PP can be charged back but not bitcoins. Their split up with PayPal has not made a significant difference as they only offer that payment option for US goods. For Indians they do have another payment option paisapay but that's also not good enough.

but if they accepted bitcoin payments, how would that affect buyer/seller protection? people can and will lie to save every penny they can; chargeback scams already happen often enough on ebay.

bitbets

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Where can I buy WalMart cards for bitcoins?

How does it work if I buy a card online, do they mail me the card?

Walmart sells food and I like to eat.

Amph

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Quote from: Pursuer on June 07, 2015, 11:03:11 AM

I thought that Ebay has started accepting bitcoin I mean directly ... this was disappointing Sad

I mean it is good to be able to buy gift cards for ebay from gyft and then buy from ebay itself but It is a long way from websites like amazon and ebay to start accepting bitcoin directly.

they will never accept it, as long as there is the 1MB tx limit, they deals with an enormous amount of users, they would saturate it in a second, the only way for now to buy thing with bitcoin from those services is using gift or purse.io or all4btc

another way would be to pay someone(trusted) in bitcoin and he buy the item you want

gadman2

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Yeah I tried to buy a card for eBay on gyft and they ended up cancelling my order and demand I send verification through some third party site. Nah, on my list of things to do.

achow101

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Quote from: bitbets on June 07, 2015, 12:28:25 PM

So, ya have to buy a gift card first, and ya pay for the gift card with bitcoins?

What if I want to buy a $600 to $1000 item, is there a gift card for that much,
or would I have to buy a bunch of $100 dollar gift cards?

The largest gift card you can buy is $500.

bitbets

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Quote from: Elwar on June 05, 2015, 04:27:04 PM

I just made an ebay purchase using bitcoins via gyft.

https://www.gyft.com/buy-gift-cards/ebay/

So now that I can buy anything on Amazon through purse.io and ebay through gyft.com that covers about 90% of the goods I could ever want to buy online. Both at a discount.

So, ya have to buy a gift card first, and ya pay for the gift card with bitcoins?

What if I want to buy a $600 to $1000 item, is there a gift card for that much,
or would I have to buy a bunch of $100 dollar gift cards?

erikalui

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Quote from: bryant.coleman on June 07, 2015, 01:50:59 AM

Quote from: erikalui on June 06, 2015, 04:24:38 PM

Ebay should directly accept bitcoin payments and then it would be good enough as PP can be charged back but not bitcoins.

I was about to post the same, but then I realized how volatile the Bitcoin is. If Ebay accepts direct payments in the form of Bitcoin or other crypto, then there is a chance of incurring loss, as the exchange rate can wildly fluctuate in a matter of minutes. So it will be better for them to go for Bitcoin-based payment processors, such as Bitpay.

The exchange rate of bitcoins is an issue but Ebay should use a payment processor that is accepted world wide while PayPal ins't accepted worldwide. There are some countries that cannot receive payments via PayPal which is not the case with bitcoins. Bitpay could be a great payment processor if introduced or any other payment processor that can convert bitcoins to USD and save the balance in USD.

Pursuer

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Where is my ring of blades...

I thought that Ebay has started accepting bitcoin I mean directly ... this was disappointing Sad

I mean it is good to be able to buy gift cards for ebay from gyft and then buy from ebay itself but It is a long way from websites like amazon and ebay to start accepting bitcoin directly.

Topic: Hold on....you can buy things on ebay now....with Bitcoins! (Read 4161 times)