Hold on....you can buy things on ebay now....with Bitcoins!

[btcton]

I don't see why eBay would ever openly embrace bitcoin considering ebay and paypal are basically married ..

I could be wrong, but wasn't there some sort of split a bit ago that meant that ebay might actually look into accepting bitcoin? I vaguely remember that happening.

[Elwar]

I don't see why eBay would ever openly embrace bitcoin considering ebay and paypal are basically married ..

I could be wrong, but wasn't there some sort of split a bit ago that meant that ebay might actually look into accepting bitcoin? I vaguely remember that happening.

Yes, through Braintree they indicated they would start accepting Bitcoin payments.

http://www.newsbtc.com/2015/04/15/ebay-and-paypal-to-accept-bitcoin-payments-through-braintree/

But what's the big deal of the extra step? Do people want ebay to accept bitcoins directly for some sort of publicity or just because the price?

This is a major step toward the chicken and egg problem of "why would I get bitcoins if there's nobody who accepts them vs why would I accept them if nobody uses them".

Getting 3% back by paying with bitcoins through gyft makes using bitcoins better than paying with dollars. What advantage would ebay accepting it give other than 2 less clicks?

[bryant.coleman]

Ebay should directly accept bitcoin payments and then it would be good enough as PP can be charged back but not bitcoins.

I was about to post the same, but then I realized how volatile the Bitcoin is. If Ebay accepts direct payments in the form of Bitcoin or other crypto, then there is a chance of incurring loss, as the exchange rate can wildly fluctuate in a matter of minutes. So it will be better for them to go for Bitcoin-based payment processors, such as Bitpay.

[BitcoinNewbie15]

Wow, this is very awesome. Now you can almost entirely use bitcoin to make online purchases. I may be using this website if it is legit. But i would love to convert BTC to any giftcard.

[Pursuer]

I thought that Ebay has started accepting bitcoin I mean directly ... this was disappointing

I mean it is good to be able to buy gift cards for ebay from gyft and then buy from ebay itself but It is a long way from websites like amazon and ebay to start accepting bitcoin directly.

[erikalui]

Ebay should directly accept bitcoin payments and then it would be good enough as PP can be charged back but not bitcoins.

I was about to post the same, but then I realized how volatile the Bitcoin is. If Ebay accepts direct payments in the form of Bitcoin or other crypto, then there is a chance of incurring loss, as the exchange rate can wildly fluctuate in a matter of minutes. So it will be better for them to go for Bitcoin-based payment processors, such as Bitpay.

The exchange rate of bitcoins is an issue but Ebay should use a payment processor that is accepted world wide while PayPal ins't accepted worldwide. There are some countries that cannot receive payments via PayPal which is not the case with bitcoins. Bitpay could be a great payment processor if introduced or any other payment processor that can convert bitcoins to USD and save the balance in USD.

[bitbets]

I just made an ebay purchase using bitcoins via gyft.

https://www.gyft.com/buy-gift-cards/ebay/

So now that I can buy anything on Amazon through purse.io and ebay through gyft.com that covers about 90% of the goods I could ever want to buy online. Both at a discount.

So, ya have to buy a gift card first, and ya pay for the gift card with bitcoins?

What if I want to buy a $600 to $1000 item, is there a gift card for that much,
or would I have to buy a bunch of $100 dollar gift cards?

[achow101]

So, ya have to buy a gift card first, and ya pay for the gift card with bitcoins?

What if I want to buy a $600 to $1000 item, is there a gift card for that much,
or would I have to buy a bunch of $100 dollar gift cards?

The largest gift card you can buy is $500.

[gadman2]

Yeah I tried to buy a card for eBay on gyft and they ended up cancelling my order and demand I send verification through some third party site. Nah, on my list of things to do.

[Amph]

I thought that Ebay has started accepting bitcoin I mean directly ... this was disappointing

I mean it is good to be able to buy gift cards for ebay from gyft and then buy from ebay itself but It is a long way from websites like amazon and ebay to start accepting bitcoin directly.

they will never accept it, as long as there is the 1MB tx limit, they deals with an enormous amount of users, they would saturate it in a second, the only way for now to buy thing with bitcoin from those services is using gift or purse.io or all4btc

another way would be to pay someone(trusted) in bitcoin and he buy the item you want

[bitbets]

Where can I buy WalMart cards for bitcoins?

How does it work if I buy a card online, do they mail me the card?

Walmart sells food and I like to eat.

[subSTRATA]

Ebay should directly accept bitcoin payments and then it would be good enough as PP can be charged back but not bitcoins. Their split up with PayPal has not made a significant difference as they only offer that payment option for US goods. For Indians they do have another payment option paisapay but that's also not good enough.

but if they accepted bitcoin payments, how would that affect buyer/seller protection? people can and will lie to save every penny they can; chargeback scams already happen often enough on ebay.

[Herbert2020]

this is great news. i hoped that they start accepting bitcoin themselves but this is good too.

is there any place that you can buy steam wallet money (i forgot what it is exactly called, wallet code or something like that, that you can buy and gift that someone can top up their steam wallet)

[Elwar]

this is great news. i hoped that they start accepting bitcoin themselves but this is good too.

is there any place that you can buy steam wallet money (i forgot what it is exactly called, wallet code or something like that, that you can buy and gift that someone can top up their steam wallet)

https://steambitshop.com/

https://steamloader.com


As for Walmart, Gyft and Egifter stopped selling Walmart cards.
I did find this though, I'm not sure how it works:
https://www.cardflip.com/product-category/walmart/

[Hazir]

It's always a bit disappointing seeing a title like that just to find out that the company didn't implement Bitcoin payment, but someone offers to order from them or gift cards.

I have the same feeling. It looks like someone else is capitalizing and earning additional fees instead Amazon or eBay. Sure it is convenient but it is just at the same like adding additional middleman services along the way. And bitcoin economy can't really bank of this fact because support of bitcoin is not official. I probably would rather exchange bitcoins and with my fiat buy directly from Amazon than use this method.

[Rimmer]

Ebay should directly accept bitcoin payments and then it would be good enough as PP can be charged back but not bitcoins. Their split up with PayPal has not made a significant difference as they only offer that payment option for US goods. For Indians they do have another payment option paisapay but that's also not good enough.

ebay wouldn't do this directly because they thrive on the fact that the buyer is protected so some sort of escrow would need to be used and that's essentially what Paypal is, but obviously it can be easily gamed. Paypal need to start footing the bill out of their own pocket when something doesn't go right but that wont happen so the alternative is to stop using them but that wont happen either.

[Elwar]

It's always a bit disappointing seeing a title like that just to find out that the company didn't implement Bitcoin payment, but someone offers to order from them or gift cards.

I have the same feeling. It looks like someone else is capitalizing and earning additional fees instead Amazon or eBay. Sure it is convenient but it is just at the same like adding additional middleman services along the way. And bitcoin economy can't really bank of this fact because support of bitcoin is not official. I probably would rather exchange bitcoins and with my fiat buy directly from Amazon than use this method.

You would rather pay 1% to convert to fiat to pay directly on Amazon or Ebay as opposed to keeping it in bitcoins and saving up to 50% on Amazon or 3% on eBay by keeping it in bitcoin?

[erikalui]

Ebay should directly accept bitcoin payments and then it would be good enough as PP can be charged back but not bitcoins. Their split up with PayPal has not made a significant difference as they only offer that payment option for US goods. For Indians they do have another payment option paisapay but that's also not good enough.

ebay wouldn't do this directly because they thrive on the fact that the buyer is protected so some sort of escrow would need to be used and that's essentially what Paypal is, but obviously it can be easily gamed. Paypal need to start footing the bill out of their own pocket when something doesn't go right but that wont happen so the alternative is to stop using them but that wont happen either.

PayPal supports the buyer/sender of the money in any case and thus the seller gets no protection whatsoever. A solid proof needs to be submitted to win a dispute and hence PayPal is not a convenient payment processor. Bitcoin payments will at least be a safe method to avoid chargebacks but still it can be abused if the seller is a fraud. In that case, ebay can offer an escrow as you recommended where the funds are released after the item has been delivered. Bitcoin payments are not restricted to any country unlike PP which is not an allowed payment processor in few countries.

Ebay may adopt bitcoin payment due to its popularity and we can only hope that it does happen.

[WhatTheGox]

I just made an ebay purchase using bitcoins via gyft.

https://www.gyft.com/buy-gift-cards/ebay/

So now that I can buy anything on Amazon through purse.io and ebay through gyft.com that covers about 90% of the goods I could ever want to buy online. Both at a discount.

Its cool, would be nice if gyft showed any discounts clearly at the site as far as i can see i couldn't work it out.  Not tried the service yet though.

[Elwar]

I just made an ebay purchase using bitcoins via gyft.

https://www.gyft.com/buy-gift-cards/ebay/

So now that I can buy anything on Amazon through purse.io and ebay through gyft.com that covers about 90% of the goods I could ever want to buy online. Both at a discount.

Its cool, would be nice if gyft showed any discounts clearly at the site as far as i can see i couldn't work it out.  Not tried the service yet though.

It's 3% when you buy with bitcoins.