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Author Topic: I used Bitcoin for Alibaba Industrial Order  (Read 1872 times)
theface
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May 09, 2013, 04:24:44 PM
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Hello all,

Second post for me.  I routinely purchase printing equipment from a Chinese company I originally found on Alibaba several years ago.  The traditional route (At least for me), was to use the built in Escrow system (Some Extra Fees, but I liked the security).  After I'd done significant business with the company, I went with the international Bank Wire...not a lot of fun, but it got the job done.  I've been asking my supplier to look into accepting bitcoins for several months, on Monday, I was able to pay in BTC!!  The order are never huge purchases, $500 - $4000, but it was nice.  Additionally, the company seemed enthusiastic to accept bitcoin, as opposed to several months ago, when they knew nothing about it.  I'm not trying to start anymore China hype....there's plenty of that.  I feel like I've done something for "bitcoin" in my own little way.

Alibaba has unlimited bitcoin potential.  Even if it only catches on in an unofficial capacity.  I'm not asking for much...just a "We Accept Bitcoin" logo for the enlightened sellers.....Alibaba does more business than ebay and amazon combined.
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May 09, 2013, 04:29:00 PM
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Nice going!  When dealing with a supplier that you've already built a relationship with, this is great.  I'd never send Bitcoin to any supplier on Alibaba without doing some checks.  Companies try to scam me nearly every day on there/
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May 09, 2013, 04:34:57 PM
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Sounds like you're trying to buy some shady stuff.... Grin   Kidding.  Yeah, Alibaba is ramped with scammers.  I actually originally found my supplier on Aliexpress.com, then noticed he had a larger catalog on Alibaba.com  It was really nice paying with BTC, hopefully this will continue to be an option for me.
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