Bitcoin Forum

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The only positive about paypal is it has big userbase. Once bitcoin gain more users comparable to paypal no one would use paypal anymore.

Paypal can freeze your account without reason anytime. It will refund back to the buyers without letting you know. Paypal customer support cannot help you at all. Paypal has big fees. I stop using paypal long time ago.

I concur that, PP charge hefty fee, no customer  services and bail on you any time. All of this in the name of "consumer protection".

yeah paypal sucks all hail the mighty BITCOIN

for nothing, just love bitcoin.

When your business eventually grows in ebay there are high risks involved turned nightmares

There wont be any nightmares with bitcoins

I wouldn't trust a Chinese eBay Seller too lol but it's good for them.  ;)

As we know using PayPal costs a lot as a merchant. It intends to protect the buyers and is not fair to the merchants. Sellers don't like using PayPal. If  better alternative come out, they definitely will adopt it.

Yes. Fee on Paypal and eBay are ridiculously high. Doubt they can get away with this for long.

They have been getting away with it for years - and the shitty thing is, they've probably got another couple of years to fleece us :(

The fee's for that PayPal charge can become really quite ridiculous. If anyone was to change from PayPal and move over to accepting bitcoin I would not blame them at all. It's a shame that bitcoin is not more popular giving more people an option of what to accept. I myself stopped using PayPal a while back to a certain extent due to the charges and the awful customer service.

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.

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! :)

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.

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.

Oh, it will. Trust me.

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.

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.

yup lol

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.

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 ;D

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.

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.

Noted.

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

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.

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.

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

I see many negative reviews for AliExpress.  So I doubt that I will ever use it.

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 :D.

Bank wiring like 4k euro after slowly building trust, never got burned once.

It depends on the seller. I have purchased several times from one seller (http://www.aliexpress.com/store/701799) on AliExpress and the transaction has always went well.

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.

Someday Bitcoin will be an option in the major retailer webistes, besides Visa, Mastercard, etc.