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Topic: Why a Chinese eBay Power Seller Quit Paypal and Start accepting Bitcoin (Read 2674 times)

full member
Activity: 224
Merit: 100
Someday Bitcoin will be an option in the major retailer webistes, besides Visa, Mastercard, etc.
sr. member
Activity: 434
Merit: 250
seems like most of the merchandise sold from chinese companies on ebay are high volume, low margin transactions. since bitcoin transaction fees are fixed, it means less money saved.. but they would still save money from accepting bitcoin anyways.
full member
Activity: 206
Merit: 100
I see many negative reviews for AliExpress.  So I doubt that I will ever use it.
It depends on the seller. I have purchased several times from one seller on AliExpress and the transaction has always went well.
full member
Activity: 238
Merit: 106
I wouldn't trust a Chinese eBay Seller too lol but it's good for them.  Wink

I have purchased from Chinese eBay sellers many times, and it has always been a good deal.


Yes, hundreds of Chinese eBay purchases for me, never a problem with Chinese sellers, not once.

~10 years ago I was importing bulk lots of green laser pointers from Chinese to resell locally. Green lasers were a big novelty back then Cheesy.

Bank wiring like 4k euro after slowly building trust, never got burned once.
legendary
Activity: 905
Merit: 1000
I wouldn't trust a Chinese eBay Seller too lol but it's good for them.  Wink

I have purchased from Chinese eBay sellers many times, and it has always been a good deal.


try aliexpress instead ... and you change your mind  Grin (NEED escrow protection ... for me, always !)

I see many negative reviews for AliExpress.  So I doubt that I will ever use it.
legendary
Activity: 1512
Merit: 1012
I wouldn't trust a Chinese eBay Seller too lol but it's good for them.  Wink

I have purchased from Chinese eBay sellers many times, and it has always been a good deal.


try aliexpress instead ... and you change your mind  Grin (NEED escrow protection ... for me, always !)
hero member
Activity: 1036
Merit: 500
The only positive about paypal is it has big userbase.

Thats not the reason people use paypal. They are a 3rd party which strictly serves to protect the buyer as a type of escrow service / payment handler, where if you get screwed they compensate you.

As a seller, paypal offers nothing.
legendary
Activity: 1372
Merit: 1022
Anarchy is not chaos.
FTFY. I've no issue with the Chinese. Or any other "race".
It's not about the race. It's about the country in which the seller is located. I think the trouble is the Chicom. I wouldn't trust Russia either.

Noted.

I don't really trust anyone I don't know, so I guess you're more liberal on that than I am Cheesy

That being said, I've been screwed more often by American companies than by Asian or Russian companies, and I am American by birth. Our so called consumer protection laws are not as good as they look on paper, unless you are wealthy or well connected.
full member
Activity: 182
Merit: 100
That Chinese seller is probably moving to or has been selling on AliExpress.  

They blow away the eBay/Paypal conglomerate due to the escrow service.  Sellers don't get money until buyers receive their product.

Once Alibaba IPO is released, they should get more Western visibility.

US market is shrinking.

First, the financial elite gutted the manufacturing sector. Then the retail and service sector.

Eventually, even the financial center will leave US and move elsewhere.
full member
Activity: 206
Merit: 100
FTFY. I've no issue with the Chinese. Or any other "race".
It's not about the race. It's about the country in which the seller is located. I think the trouble is the Chicom. I wouldn't trust Russia either.
copper member
Activity: 3948
Merit: 2201
Verified awesomeness ✔
And PayPal claims another victim. I hate that I still have to use them, but there isn't much that I can do about it. Anyway, I don't mind another reseller accepting Bitcoin. I love Chinese stuff Grin
legendary
Activity: 1159
Merit: 1001
That Chinese seller is probably moving to or has been selling on AliExpress.  

They blow away the eBay/Paypal conglomerate due to the escrow service.  Sellers don't get money until buyers receive their product.

Once Alibaba IPO is released, they should get more Western visibility.
hero member
Activity: 592
Merit: 500
I wouldn't trust a Chinese eBay Seller Smiley)

I am of the opinion that all races are equally worthless.

yup lol
full member
Activity: 169
Merit: 100
I wouldn't trust a Chinese eBay Seller too lol but it's good for them.  Wink

I have purchased from Chinese eBay sellers many times, and it has always been a good deal.


Well, i had some bad experiences on Ebay specially from chinese dealers so good luck that was my opinion.

Really depend on what you buy. If it is a foreign brand, then avoid Chinese sellers.

If it is a no brand or generic item, don't think anyone can beat their price.
sr. member
Activity: 364
Merit: 250
You don't need to trust any seller on ebay, ebay has buyer protection. (actually, this really sucks if your are a seller). You as the buyer can open up a case for ANY reason, even if you don't like the color, if it didn't look like the picture, you changed your mind, it rained that day. There is no risk on buying on either ebay or Amazon, simply because you can open up a case and get your dollars back if anything goes wrong. Also, you can give the seller a bad feedback which they do not really want.

For bitcoin I think feedback would be left on a forum like this one. I hope more sites pop up to buy and sell with BTC.
hero member
Activity: 592
Merit: 500
The Paypal/Ebay combo is a match made in hell for both buyers and sellers.  Hidden Fees and chargebacks, and fucked up terms of service.

Sold an Asicminer Block Erupter Blade last year when they were the shit, and they charged for a reserve price, buy it now price, and 10% cut off the sales pretty much obliterating my profit margin.

Fuck both of them in the asshole.  Hope Bitcoin makes Paypal it's bitch within a couple of years.

Oh, it will. Trust me.
legendary
Activity: 1372
Merit: 1022
Anarchy is not chaos.
I wouldn't trust a Chinese eBay Seller Smiley)

FTFY. I've no issue with the Chinese. Or any other "race". I am of the opinion that all races are equally worthless. I've seen more scams than not on ebay, and as often as not the scammer was ebay itself.
hero member
Activity: 1372
Merit: 783
better everyday ♥
The Paypal/Ebay combo is a match made in hell for both buyers and sellers.  Hidden Fees and chargebacks, and fucked up terms of service.

Sold an Asicminer Block Erupter Blade last year when they were the shit, and they charged for a reserve price, buy it now price, and 10% cut off the sales pretty much obliterating my profit margin.

Fuck both of them in the asshole.  Hope Bitcoin makes Paypal it's bitch within a couple of years.
sr. member
Activity: 252
Merit: 250
I wouldn't trust a Chinese eBay Seller too lol but it's good for them.  Wink

Hi Chanz, we understand your concern this maybe due to a bad experience with your past transaction from China. Our prices starts at 50 cents you can give it a try. Our team would be happy to answer if you have problem with deliveries, products or other complaints via livechat or hotline. Thank you! Smiley
sr. member
Activity: 298
Merit: 250
I wouldn't trust a Chinese eBay Seller too lol but it's good for them.  Wink

I have purchased from Chinese eBay sellers many times, and it has always been a good deal.


Well, i had some bad experiences on Ebay specially from chinese dealers so good luck that was my opinion.
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