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Topic: Why Bitcoins are so expensive on Ebay? - page 3. (Read 5864 times)

hero member
Activity: 602
Merit: 508
March 13, 2015, 09:57:07 AM
#24
Is there a risk that sellers get their PayPal accounts supended when they sell Bitcoin via PayPal on Ebay?

There's a risk to get the eBay account suspended. Officially it's not allowed to sell crypto-currency on eBay.

I'm not sure about the PayPal account. I think so.


Ok thank you.
legendary
Activity: 1876
Merit: 1475
March 13, 2015, 09:52:05 AM
#23
Is there a risk that sellers get their PayPal accounts supended when they sell Bitcoin via PayPal on Ebay?

There's a risk to get the eBay account suspended. Officially it's not allowed to sell crypto-currency on eBay.

I'm not sure about the PayPal account. I think so.
hero member
Activity: 602
Merit: 508
March 13, 2015, 09:48:12 AM
#22
Is there a risk that sellers get their PayPal accounts supended when they sell Bitcoin via PayPal on Ebay?
member
Activity: 100
Merit: 10
March 12, 2015, 10:02:02 PM
#21
eBay forces paypal which is reversable, they usually favor the buyer in disputes (I have been victim by paypal 3 times), and usually people buying btcs on paypal might not be smart enough to ACTUALLY check the price so they can score lots of profit off of attempting this.

a lot of scams on ebay, never buy more than 0.1 btc
sr. member
Activity: 420
Merit: 250
Ever wanted to run your own casino? PM me for info
March 12, 2015, 05:54:49 PM
#20
eBay forces paypal which is reversable, they usually favor the buyer in disputes (I have been victim by paypal 3 times), and usually people buying btcs on paypal might not be smart enough to ACTUALLY check the price so they can score lots of profit off of attempting this.
sr. member
Activity: 308
Merit: 250
March 12, 2015, 05:47:31 PM
#19
Paypal has earned a bad reputation and deserves a worthwhile competitor. I look forward to seeing them slowly fade away.

I have to agree with this but imo ebay need to give way to a decentralized exchange without the extortion they call fee's, yes some fee must be paid but 10% of your sale to them and then you pay paypal their fee then you pay the tax man lol they are just leaches and when they are gone sooner the better. this could also explain why their price is high because the fee they must pay.
legendary
Activity: 1876
Merit: 1475
March 12, 2015, 04:03:03 PM
#18
It may be because of the Ebay fees as mostly everything on Ebay is quoted above the market price. Gift cards and other products as well because of the high fee of Ebay. They charge about 10% depending on the product you are selling.

That's definitely a factor, but not the main one. Bitcoins are usually sold there at about 60% to 100% more than market price.
legendary
Activity: 2632
Merit: 1094
March 12, 2015, 04:01:51 PM
#17
It may be because of the Ebay fees as mostly everything on Ebay is quoted above the market price. Gift cards and other products as well because of the high fee of Ebay. They charge about 10% depending on the product you are selling.
copper member
Activity: 2394
Merit: 539
DGbet.fun - Crypto Sportsbook
March 11, 2015, 12:13:59 AM
#16
lol, are you kidding me? anyone buy bitcoins on ebay???  Shocked
lol even better is when peolle try to sell alt coins, why but 1 bitcoin when I could buy 5 litecoins
did you think it is very nice? I don't think so
hero member
Activity: 518
Merit: 500
March 10, 2015, 10:14:26 PM
#15
lol, are you kidding me? anyone buy bitcoins on ebay???  Shocked
lol even better is when peolle try to sell alt coins, why but 1 bitcoin when I could buy 5 litecoins
copper member
Activity: 2394
Merit: 539
DGbet.fun - Crypto Sportsbook
March 10, 2015, 09:12:45 PM
#14
lol, are you kidding me? anyone buy bitcoins on ebay???  Shocked
legendary
Activity: 2604
Merit: 3056
Welt Am Draht
March 10, 2015, 02:42:50 PM
#13
Don't know whether it's true or not, but I heard somewhere before that a Bitcoin was sold for $10k at eBay and payment was made via PayPal...
Can anybody confirm on this???

Indeed. This was discussed here:
https://bitcointalksearch.org/topic/how-did-1-bitcoin-sell-for-10000-236067
The eBay listing is no longer published.


some one most likely bought it from himself or a friend.
no one would pay that much for a single bitcoin. it's just ridiculous.

It's already almost happened https://bitcointalk.org/index.php?topic=562440.340 but was a few dollars short.
legendary
Activity: 896
Merit: 1000
March 10, 2015, 02:19:11 PM
#12
Don't know whether it's true or not, but I heard somewhere before that a Bitcoin was sold for $10k at eBay and payment was made via PayPal...
Can anybody confirm on this???

Indeed. This was discussed here:
https://bitcointalksearch.org/topic/how-did-1-bitcoin-sell-for-10000-236067
The eBay listing is no longer published.


some one most likely bought it from himself or a friend.
no one would pay that much for a single bitcoin. it's just ridiculous.
legendary
Activity: 1876
Merit: 1475
March 10, 2015, 09:16:34 AM
#11
Don't know whether it's true or not, but I heard somewhere before that a Bitcoin was sold for $10k at eBay and payment was made via PayPal...
Can anybody confirm on this???

Indeed. This was discussed here:
https://bitcointalksearch.org/topic/how-did-1-bitcoin-sell-for-10000-236067
The eBay listing is no longer published.
legendary
Activity: 1246
Merit: 1000
!!! RiSe aBovE ThE StoRm !!!
March 10, 2015, 09:14:29 AM
#10
Don't know whether it's true or not, but I heard somewhere before that a Bitcoin was sold for $10k at eBay and payment was made via PayPal...
Can anybody confirm on this???
legendary
Activity: 1050
Merit: 1000
March 10, 2015, 01:38:31 AM
#9
People who sell bitcoin on eBay know that only people who are new will buy from eBay. They are waiting to find one of those people to buy as they are usually unaware of exchanges and demand and supply.
legendary
Activity: 2604
Merit: 3056
Welt Am Draht
March 09, 2015, 07:13:55 PM
#8
Loads of stuff goes for more on Ebay than elsewhere. Casascius BTC coins often go for double or more what they fetch on here. I guess in the minds of the buyers it's somehow more 'legit'.
legendary
Activity: 2114
Merit: 1040
A Great Time to Start Something!
March 09, 2015, 05:00:54 PM
#7
Paypal has earned a bad reputation and deserves a worthwhile competitor. I look forward to seeing them slowly fade away.
legendary
Activity: 3066
Merit: 1147
The revolution will be monetized!
March 09, 2015, 01:01:45 PM
#6
Ahh. I never knew paypal was so stacked against sellers. Crap.
PayPal is stacked against us all. Consider that if BTC catches on they are out of business. They have no incentive whatsoever to help if a fraudulent bitcoin sale goes through. It's better for them to say "You shouldn't have used bitcoin".
legendary
Activity: 1876
Merit: 1475
March 09, 2015, 01:00:55 PM
#5
Ahh. I never knew paypal was so stacked against sellers. Crap.

Personally I think it would be so easy for PayPal to know for sure whether the seller really sent the coins or not to the buyer.
It would just need to ask the buyer to give a unique address to the seller, if there's balance there then they know for sure the seller delivered.

The fact is PayPal just doesn't want to. Probably because they see bitcoin as a competitor.
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