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Author Topic: risks of selling Miners on ebay  (Read 1377 times)
Mr_Snipes (OP)
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September 28, 2017, 09:08:42 PM
 #1

Every now and then i read about issues with ebay with sold ASIC miners on ebay.
There are a few questions for that in my mind:
- are these problems only for commercial sales (when you do mining as a business?)
- are these problems also appearing if you add a disclaimer that you do not provide warranty as a private seller ?

What has really happened to you or someone you know on ebay ?
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September 28, 2017, 09:09:52 PM
 #2

Interested to know as well.  Huh
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September 28, 2017, 09:18:19 PM
 #3

It's ebay. They can file a claim and send you a rock back. You have no recourse.
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September 28, 2017, 09:21:05 PM
 #4

It's ebay. They can file a claim and send you a rock back. You have no recourse.


Wow, can they really do that ? I mean if i have a witness which witnesses that they send me a rock back, how will ebay get to the cash ?
They have me in their filthy hands with Paypal and i read some bad stuff that happened to small companies with PayPal.
But idk, i can even click that the article cannot be given back. So what does the seller wanna say ?
"Meh its too loud, here have it back, i ignore dem conditions ?"
Might accepting pickup and cash only be an option ?
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September 28, 2017, 09:51:55 PM
 #5

I've been selling miners (well gpu's) on eBay for a few of months and so far I've had zero issues 
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September 28, 2017, 09:59:36 PM
 #6

I've been selling miners (well gpu's) on eBay for a few of months and so far I've had zero issues 

You can use the hardware for 6months and then file a claim that its broken or not what what described.  Ebay is all about the buyer and not the sellers, but if you protect yourself and have the buyers responds that they are satisfied with the purchase then you have some leverage if they file a claim.
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September 28, 2017, 10:16:32 PM
 #7

I've been selling miners (well gpu's) on eBay for a few of months and so far I've had zero issues 

Thanks for that info. With GPUs you have a kinda higher shelf-life than these ASICs so it will prob not be worth so much to file a claim there.
If you get your asic- miner back from a customer after a month, that ***** might have mined well over 1k with it and the value has decreased for 700$
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September 28, 2017, 10:57:46 PM
 #8

It's ebay. They can file a claim and send you a rock back. You have no recourse.


Wow, can they really do that ? I mean if i have a witness which witnesses that they send me a rock back, how will ebay get to the cash ?
They have me in their filthy hands with Paypal and i read some bad stuff that happened to small companies with PayPal.
But idk, i can even click that the article cannot be given back. So what does the seller wanna say ?
"Meh its too loud, here have it back, i ignore dem conditions ?"
Might accepting pickup and cash only be an option ?

There are a lot of carder who use ebay. They stole people's credit card to buy things in ebay. I think ebay it's not the only place to sell online. I would prefer a local online shop to sell my things. It's better to meet in person, so that we cannot be fooled. There are a lot of online shop out there, not just ebay.
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September 28, 2017, 11:15:45 PM
 #9

Ebay is a pain in the rear, have definitely had someone buy equipment then try to return it for a full refund after more than 90 days of use, paypal sided with the buyer.  Also paypal sets arbitrary limits on sellers and then paypal holds your money once you cross the monthly threshold for 21-90 days.    

I had paid to air freight some equipment in during the shortage and now that the prices have normalized they want a full refund not an exchange and they claimed item not as described.
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September 28, 2017, 11:46:15 PM
 #10

You can google it and see the horror stories of sellers on Ebay.  Ebay will ALWAYS side with the buyer.  No matter what.  If you think about it, they have to.  There are new sellers every day, but no one would buy anything off Ebay if they read as a buyer you got scammed. 

What this does is open sellers up to being scammed.  As someone posted, I could buy a miner, say its "not as described", YOU will have to pay the return shipping, and when I send you a rock, I'll still get my money back.  I've read where someone opened the box in front of a Police Officer who said the contents were not correct and Ebay doesn't care.  They are not there when an item was shipped or opened so they AUTOMATICALLY side with the buyer and refund the money. 

I could buy broken cards, then buy your good 1080ti and send you back a broken card.  You can cry all you want that it wasn't what you sent, the serial number is different, ect... but I'll still keep the card and get my money back.

I sell on ebay a lot and will only sell items that if I lost, I wouldn't care

I would suggest you do the same.

Ebay is a great place to buy, but selling be careful. 
Mr_Snipes (OP)
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September 29, 2017, 06:56:47 PM
 #11

Is it a similar story with paypal ouside of ebay ?
If there is no payment-contract, on which basis can they freeze or invalidate the transaction after it happened ?
Am i screwed if someone payed a miner with a hacked account ?
I get several offers for Paypal so i am wondering if i can accept it.
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September 29, 2017, 07:11:51 PM
Last edit: September 29, 2017, 07:35:56 PM by Vann
 #12

The current day eBay is a scammers paradise. Your track record doesn't matter one bit and a no returns policy doesn't exist on eBay. All it takes is for a scumbag to register a new account and buy what ever they want. He then has a full 30 days to open a SNAD claim for what ever reason they can imagine. Unless you can drag them to say something in the dispute communication that proves they're lying or that violates eBay policy, eBay WILL allow them to return the item AND you pay for the shipping both ways. If you approve the return, once the item is scanned as delivered you have 6 days to refund the buyer or eBay will automatically do it for you. If you refuse the return, eBay will send the buyer a label and charge your account for it. Once the eBay is scanned delivered, eBay will refund the buyer automatically from your PayPal account and you lose the eBay FVF, PayPal fees and get a defect on your account.

If the buyer scams you and what he sends back is different or in a different condition than it was sent, you can open an appeal and eBay will refund your money once you send them an affidavit, as long as you're not a commercial seller.
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September 29, 2017, 09:28:51 PM
 #13

WOW  Shocked 
Thank you all for these infos. I am now sure that i am gonna stay away from ebay despite the markups some ppl get there.
It's just too risky that i get screwed and end up with a rock  Grin
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September 29, 2017, 09:33:48 PM
 #14

There are items you can sell on eBay safely.

Like cars, antiques, collectibles, etc.

However not a good idea with high fraud items such as Cell phone, GPUs, ASICs, etc.

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September 29, 2017, 09:44:35 PM
 #15

I've sold 1 gpu brand new in box on ebay.....and 60 days later they returned it....that's why bitcoin+escrow is miles better than ebay+paypal.  I will take a loss in btc here before I sell for a profit on ebay. 

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Mr_Snipes (OP)
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September 29, 2017, 10:22:14 PM
 #16

I will take a loss in btc here before I sell for a profit on ebay. 

amen
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September 29, 2017, 10:45:59 PM
 #17

Ebay is perfectly safe to use for selling miners.  You can always set your preferences for buyers to "no zero feedback" and "no negative feedback" buyers. 
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September 29, 2017, 10:54:46 PM
 #18

You can google it and see the horror stories of sellers on Ebay.  Ebay will ALWAYS side with the buyer.  No matter what.  If you think about it, they have to.  There are new sellers every day, but no one would buy anything off Ebay if they read as a buyer you got scammed. 

What this does is open sellers up to being scammed.  As someone posted, I could buy a miner, say its "not as described", YOU will have to pay the return shipping, and when I send you a rock, I'll still get my money back.  I've read where someone opened the box in front of a Police Officer who said the contents were not correct and Ebay doesn't care.  They are not there when an item was shipped or opened so they AUTOMATICALLY side with the buyer and refund the money. 

I could buy broken cards, then buy your good 1080ti and send you back a broken card.  You can cry all you want that it wasn't what you sent, the serial number is different, ect... but I'll still keep the card and get my money back.

I sell on ebay a lot and will only sell items that if I lost, I wouldn't care

I would suggest you do the same.

Ebay is a great place to buy, but selling be careful. 

FUD. Been using Ebay since 2005. Every dispute that's ever came up in those years, Ebay has sided with Seller. Ebay is extremely seller-focused, you're thinking Amazon.
Phantoms001
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September 29, 2017, 11:31:40 PM
 #19

The current day eBay is a scammers paradise. Your track record doesn't matter one bit and a no returns policy doesn't exist on eBay. All it takes is for a scumbag to register a new account and buy what ever they want. He then has a full 30 days to open a SNAD claim for what ever reason they can imagine. Unless you can drag them to say something in the dispute communication that proves they're lying or that violates eBay policy, eBay WILL allow them to return the item AND you pay for the shipping both ways. If you approve the return, once the item is scanned as delivered you have 6 days to refund the buyer or eBay will automatically do it for you. If you refuse the return, eBay will send the buyer a label and charge your account for it. Once the eBay is scanned delivered, eBay will refund the buyer automatically from your PayPal account and you lose the eBay FVF, PayPal fees and get a defect on your account.

If the buyer scams you and what he sends back is different or in a different condition than it was sent, you can open an appeal and eBay will refund your money once you send them an affidavit, as long as you're not a commercial seller.

I'm not so sure about that last part.  Its not always about ebay, I think if I get an item that is "not as described" and I can prove with tracking I sent it back, paypal WILL give me my money back.  It has to work that way.  If I get cheated by a seller I'll never buy from ebay again.  They can do without sellers, not buyers.  It doesn't cost anything to list something.  They only time they make money is when an item sells.  I've gotten scammed over and over from China.  Its about 50/50 chance of me receiving an item from those guys.  Other than tying up my money for a month, I've never had a concern because I've always been 100% positive I'll get my money back if I don't receive the item.

Are you maybe suggesting that I would get my money back and the seller would also as a courtesy from ebay???
Phantoms001
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September 29, 2017, 11:46:20 PM
 #20

Is it a similar story with paypal ouside of ebay ?
If there is no payment-contract, on which basis can they freeze or invalidate the transaction after it happened ?
Am i screwed if someone payed a miner with a hacked account ?
I get several offers for Paypal so i am wondering if i can accept it.


Its actually worse out of ebay.  This is the reason on exchanges like coinbase you can cash out in paypal but cannot purchase coins from paypal.  I could purchase coins through an exchange and go to paypal and reverse the transaction. 

I would never take a payment from paypal for any coin or equipment privately unless I knew the person. 

This is another scam on ebay, people sell bitcoin (really marked up) on ebay.  People buy them then dispute saying you never sent the coin.  How can you really prove they got it if there is no name attached to the address?  All you really have is a list of numbers and letters.  They will get your bitcoin and get a refund.

Guys, there are a lot of good people out there that use ebay and paypal.  But there are a lot of people that know the ropes and know they can cheat you in certain ways.  You just need to be careful with ebay and paypal.

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