Topic: RE-EDIT**EDIT*: How to SAFELY sell Bitcoins on eBay - page 4. (Read 21829 times)

From the buyers side where is a safe and reasonable way to buy BTC for / USD

I suspect that sometime soon, its going to be a violation of eBay policy to trade in Bitcoins......

http://www.ebay.com/itm/221223316866?ssPageName=STRK:MESOX:IT&_trksid=p3984.m1559.l2649

  Could you show us one of your ebay listings?

If people want easy, just use localbitcoins. Now that is easy to buy/sell.
Hell of a lot faster and tiny fees and little to no mark up.

Great! I've been looking for a way to do this

Explain them to me

There are quite a few holes in this method even if it has worked for you it won't work for long.

Toy have been lucky.  eBay is a hard ass when it comes ro digital goods.  I believe whole hearted we can thank the slew of "internet marketers" and the backing bookoo amount of scam ebooks for this.  Furthermore eBay freaks over digital items further due to copyright issues. In the end lot's of legitimate sellers suffer. No matter how you do this btc is digital goods.  PayPal knows this and rightfully so does eBay. 

All someone has to do at the very least is play stupid.  You could call it the not as disclosed card being pulled but in any case it's a little more effective for a sammer or hell even a moron to back out of the charge if he plays a victim of his or her own ignorance.  So many people have tried this.  Some are as said about you. .. pretty luck driven.  But to what end? Sure you are selling small amounts and do not feel worried.  But what of the dipshit that heats you up for a few btc .5 at a time.  You lose more then btc and shipping.  Add your fees your own seller rep and hell maybe your accounts as a whole.  That's a  rather hard gamble.

I no longer sell anything on ebay.  I was flagged, questioned, had auctions cancelled, and was forced to submit to a 'digital' body cavity search that would make even the most adventurous TSA agent blush; all for auctioning an unopened Windows 8 RT tablet under retail.  No smartasses; I wasn't flagged because it was an RT tablet  

They didn't like the buy it now price undercutting power sellers.  They wanted clarification regarding certain pieces of the listing's content.  Of course they waited until 1 hour before the auction closed to let me know.  Having sold a few items via ebay; I let them know in no uncertain terms that my business as a consumer and vendor will be taken elsewhere.  I don't think they've noticed that I haven't logged in since.

Somewhere along the internet experience we all got this idea that we need some "trusted" intermediary to facilitate transactions between consenting adults.  All this trust has come at a great cost of both finances in the form of fees and chargebacks; and privacy - ebay shouldn't know I like used adult toys, nitrous cartridges, Bitcoin, and My Little Pony.  Google doesn't even know about my Pinkie Pie fetish...yet.

What ever happened to the internet of the 90's when I could send a stranger cash in the mail and they would send me a "like-new" novelty vibrating Rabbit I could be proud to give good old Mom on Mother's Day?  I know; I'm getting old.  I also know that I'm sick

I am PWI and I don't do Ebay.  I prefer the YOUandMEbay - the BTC way.

Hmm thanks for the info, looks like it's worth a shot.

Because it's easy to buy them.  Think about the hell people have been through trying to buy Bitcoins through Coinbase, or MtGox.  People WANT Bitcoins, but they can't figure out how to actually buy them legitimately without waiting for two months or having to send everything but the kitchen sink as verification for their account.

I've wondered about this.  So you haven't had much trouble selling these on eBay?   ???No one has attempted to scam you or dispute the charge?

why are ebay bitcoins selling at such a high markup?  is it all due to risk of chargebacks?? what is ebay/paypal total fee % nowadays??  I cant picture spending $150+ for 1btc, I would rather just try CL or something.

I am not pulling anyone's leg here. Of course its always good to do your due-diligence, but no matter what the method there is always a possibility of being scammed. This method seriously minimizes it. There is a huge potential to be scammed for any transaction you do on here...so whats the answer to that? Its anyone's right to think what they want of this method, but I have sold (I don't know how many coins) $2000 worth of bitcoins using this method and never had an issue. If thats enough assurance for you, use this method. If you want to remain paranoid and think up every possible "what if" thats fine, too.

EDIT: Also, I have had people order one of my listings, and then when they see how it is they will receive their coins they ask me to cancel the transaction (likely would-be scammers).

Does the screenshot of the transaction on blockchain with timestamp mean nothing? You can think through what if scenarios all day, I'll be selling my bitcoins on ebay for literally almost 200% markup.

....and end up with a frozen or restricted account.

... and end up -$50 to -$100 after chargebacks.

Any restriction on PayPal is defacto a restriction on ebay as you MUST accept PayPal as a condition of listing on ebay.  Just because ebay doesn't kill every listing within seconds doesn't mean they support it.  There are something like 20 million auctions on ebay at any particular time.  It simply isn't cost effective to monitor them all continually.

It would be like a cop stops you for speeding 75 in a 60.  You say to the cop "if speeding is illegal then why didn't someone stop me yesterday when I was speeding?  Obviously you must be incorrect and speeding is not illegal"