Example:Buy PS4 through PayPal, play with console for 170 or so days(may be less), file dispute, get money back. Profit.
But what is most likely to happen. Buy bitcoins through PayPal, wait 170 or so days and file dispute, get money back.
The market will find an equilibrium point even in this case. No need to worry for this, the market has been doing it for ages.
Just so you know, I have had 3 separate people try to burn me when I was selling peercoin and feathercoins a year back. They filed a dispute and luckily ebay took my blockchain proof and let me keep my money. But initially for the first 30 days of this ebay took my money and held it hostage. Thank goodness for me keeping all email correspondence between the person and I. The emails showed they asked me to send to "X" address and I told them I would send it from my "Y" address and asked them if that was ok. Once I got them to say yes it is ok and I asked them again to verify their address only then did I send after I was paid. Then 40 days later charge backs hit for these people(within the same week).
So I was out 900+ bucks across 3 disputes for a 30 day period. This is not fun at all, especially since I was pretty sure I was going to get screwed. Blockchain for feathercoin and peercoin was the only thing that saved me and luckily i made them confirm multiple times for undeniable proof.
Extending it out by half a year gives these scammers more of an opportunity to scam you because now you gotta dig through everything and ebay takes your funds back and blah... My dad also gets the occasional scam by people using the "buyers protection" and he has like 500 feedback @ 99.5% positive and the only negative two were from some guy who thought he bought something new but it said used and he was an idiot. My dad has gotten scammed by people saying they didn't get shipments of items and stuff and it seriously is a joke. people hack other people's accounts and screw around.
