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Author Topic: Ebay buyers won't pay  (Read 1786 times)
mooreaa (OP)
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June 14, 2011, 05:47:23 AM
 #1

Just tried to sell my first bitcoins on ebay, and the auction went really well with lots of action and a good final price, but now the buyer will not pay for the bitcoins he won!

Anyone else dealing with this?

It seems like my buyer at least is using ebay to buy bitcoin options at no risk. Since the tank, he has had no reason to pay up Sad
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taris
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June 14, 2011, 06:34:07 AM
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Like in the normal life and with other ebay goods - sometimes there are people like this.
If i were you and i had no chance to get with the buyer in contact (after a couple of days of course) i would try to contact the second best buyer or restart the auction.

Usually you can contact eBay and ask for help, but since Paypal (belongs to eBay) is a bit of a problem with Bitcoin it might be that they won't help you.
3phase
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June 14, 2011, 06:38:07 AM
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This should be expected on Ebay, the same happens with gold and silver, when there is a sudden big drop in the price. One way to counter this, would be to include a shipping fee in the original auction (I know it doesn't make sense, but it can work) and state CLEARLY in the auction that this fee will be lowered to adjust for a drop in the price of a bitcoin in a trusted exchange (Mt. Gox for instance).

You cannot discount the price on Ebay easily (to prevent fraud), but you can discount the shipping.

Example: BTC is 19.00$ at the moment, so you put up an auction for 17.00$ per bitcoin and 6.00$ in shipping/handling fees (you can offer to send a printed receipt for this, so as to avoid being characterised as a "fake shipping fee"). This way, and supposing that the buyer is aware of the current exchange price, you can adjust the final price of the auction in agreement with them.

That's what I would do anyway.

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duckfeet
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June 14, 2011, 06:41:53 AM
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In the years I've been on ebay, and about 90 transactions, this has only happened to me once, selling a netbook.  And I relisted and made sure his reputation got trashed, best I could...you can restrict to certain types of buyers...stupid of them to not pay tho: why waste the time?  idiots everywhere, I guess...
done
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June 14, 2011, 06:43:42 AM
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Ebay is very difficult to deal with. Good luck with your sales.
Grant
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June 14, 2011, 06:45:23 AM
 #6

Just tried to sell my first bitcoins on ebay, and the auction went really well with lots of action and a good final price, but now the buyer will not pay for the bitcoins he won!

Anyone else dealing with this?

It seems like my buyer at least is using ebay to buy bitcoin options at no risk. Since the tank, he has had no reason to pay up Sad

That seems like only a small problem...

The buyer may even pay, but they can force a chargeback down your throat all the way to your credit card and your bank-account (if you have those linked) for upto 6 months after you got paid. I once got scammed this way and lost 200% on what i sold (the virtual goods i had sent + the chargeback)

Easy solution, stop using them.
synergy543
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June 14, 2011, 06:50:55 AM
 #7

3phase has some good suggestions!

I'd suggest selling at a "Buy Now" price so whoever bids must send you the money immediately.

moooreaa, you sound familiar, have I seen you around somewhere else? Wink
Meke
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April 30, 2013, 04:06:17 AM
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Fuck. You want to get your money stolen if you sell on Ebay. Chargebacks are coming..
Craigmac
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April 30, 2013, 08:30:58 AM
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yikes.. ebay
naphto
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April 30, 2013, 08:41:58 AM
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Will bumping that old thread?
yapusi
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April 30, 2013, 09:34:31 AM
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ask ebay officer to help you dealing with this issue
Shutz
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April 30, 2013, 11:08:10 AM
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Do we really need to revive this old thread??!
eifiug
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April 30, 2013, 11:49:27 AM
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I hope you got refunded.
nango
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April 30, 2013, 03:03:24 PM
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Would one option for eBay w/ protection be sending a physical item containing Bitcoin information... as well as perhaps offering an electronic version to go along w/ it.. or would that not work in seller protection?
sublime5447
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April 30, 2013, 03:06:17 PM
 #15

WARNING!!! You will get fucked selling on ebay dont do it.
DannyHamilton
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April 30, 2013, 03:21:30 PM
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Fuck. You want to get your money stolen if you sell on Ebay. Chargebacks are coming..
yikes.. ebay
ask ebay officer to help you dealing with this issue
I hope you got refunded.
Would one option for eBay w/ protection be - snip -
WARNING!!! You will get fucked selling on ebay dont do it.

This thread is from June 2011. Is it really necessary to give EBay advice to someone on a question they asked two years ago?  I suspect that any advice you might offer is too late now.
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April 30, 2013, 03:25:07 PM
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I didnt notice, but it is just new users trying to get their post counts up.
Gabi
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April 30, 2013, 03:32:28 PM
 #18

This thread is old but there are always newbies so it is good for them.

There is a reason why to buy bitcoins on exchanges you have to use slow and difficulty ways like sepa, wire transfers etcetc and you can't just sell them on ebay or for paypal payments: SCAMS!

arobinson
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April 30, 2013, 03:48:47 PM
 #19

Why sell you hard earned bitcoins on ebay?
bitdib
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April 30, 2013, 04:43:50 PM
 #20

I think selling btc on ebay is a gamble at best, but if that's a risk you're willing to take, go for it.
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