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Author Topic: 1 BTC sold for 9832 US Dollars (!) on ebay  (Read 2670 times)
dego (OP)
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June 16, 2013, 07:39:13 PM
 #1

No shit! Somebody just bought 1 BTC for 10'000 Canadian dollars (9832US$) on ebay. Here's the auction:

http://j.gs/1678/btcebay

(along with some ads for my finding)

Shit, I shoulda sell my BTCs on Ebay too...

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HowGudAmI
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BTC --> ??? --> PROFIT


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June 16, 2013, 07:42:37 PM
 #2

No shit! Somebody just bought 1 BTC for 10'000 Canadian dollars (9832US$) on ebay. Here's the auction:

http://j.gs/1678/btcebay

(along with some ads for my finding)

Shit, I shoulda sell my BTCs on Ebay too...



Bit mean to monetise the link...
here is the full one for anyone looking to save the time it takes to wait: http://www.ebay.com/itm/1-Full-Bitcoin-Sent-Your-Online-Wallet-/161042374155

It was probably bid up falsely in some way, either stolen accounts or two people having a joke.

Smiley
dego (OP)
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June 16, 2013, 07:45:45 PM
 #3

cmon, it was work to copy it in here...  Grin
junglist.massive
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June 17, 2013, 10:11:58 AM
 #4

this is how to make money!
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June 17, 2013, 12:13:28 PM
 #5

I can sell you a btc for half that price if you want Smiley
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June 17, 2013, 12:29:15 PM
 #6

I wonder how things like these can happen. Same user with different accounts? Purpose?  Huh
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June 17, 2013, 12:31:00 PM
 #7

well in a couple of years buyer will sell that 1BTC with profit
malevolent
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June 17, 2013, 12:32:52 PM
 #8

I wonder if the seller is going to be able to withdraw the money from his paypal account  Roll Eyes

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June 17, 2013, 12:35:36 PM
 #9

I'm willing to bet up to 10BTC that the paypal transaction will be reversed because the account is hacked or because the buyer will claim they received nothing.

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June 17, 2013, 06:56:17 PM
 #10

Is this the same bitcoin with an image of Buddha and Jesus that Abraham Lincoln was paid for chopping wood back in the day?  Personally, I wouldn't have paid more than $7k for it.

Sam Spade: We were talking about a lot more money than this.
Kasper Gutman: Yes, sir, we were, but this is genuine coin of the realm. With a dollar of this, you can buy ten dollars of talk.
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June 17, 2013, 07:10:30 PM
 #11

happens on ebay all the time, transaction never actually happens though
dego (OP)
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June 18, 2013, 08:27:41 AM
 #12

happens on ebay all the time, transaction never actually happens though

True, I think a redditor made the right point as he said:

Quote
People sell Bitcoins on ebay with the intention to screw the buyer.
People buy Bitcoins on ebay with the intention to screw the seller.

http://www.reddit.com/r/Bitcoin/comments/1d5c2c/i_bought_a_bitcoin_on_ebay_using_paypal_be/
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June 18, 2013, 08:49:15 AM
 #13

I wonder how things like these can happen. Same user with different accounts? Purpose?  Huh

+1

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June 18, 2013, 08:58:09 AM
 #14

This won't be paid in the end.
naphto
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June 18, 2013, 09:41:43 AM
 #15

No feedback yet, just wait Smiley
Maybe he will never pay it Sad
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June 29, 2013, 01:23:26 AM
 #16

I want to believe, Help me JEsus, help me believe!
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June 29, 2013, 02:06:36 PM
 #17

No feedback yet, just wait Smiley
Maybe he will never pay it Sad
Quote
   Exceptional Seller!!!   mafishco ( 656)     Jun-18-13 16:44
    1 Full Bitcoin Sent To Your Online Wallet (#161042374155)   C $10,000.00   View Item

Still smells a bit funny.
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June 30, 2013, 07:39:54 PM
 #18

maybe money laundering
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June 30, 2013, 08:36:08 PM
 #19

maybe money laundering

This seems most likely
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July 03, 2013, 04:43:57 AM
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Hmm.. The most logical explanation for this occurrence is likely to be the most common one: bids were placed by non paying eBay customers. The hypothesis that the very top bidders are trying scam the seller seller is unjustified. My reasoning is as follows. If scammers can file chargebacks by only spending a reasonable amount like $150, then the sale would match an actual real world model better. If sales match real world models better, then the scams would be more realistic, making it easier for the sellers to fall for the scam. The sales do not match real world models. Therefore, it is harder for sellers to fall for the scam. Customers intending to file Paypal disputes would not want sellers to be in such a state. Consequently, the top bidders are not trying scam the buyer. Appraising the situation using cost vs. benefit analysis demonstrates that it is improbable that any of the customers who placed the outlandish bids are pulling any scams. The assertion that the seller placed bids on his or her own auction could be true. There is no way to prove that it is not. But it is unlikely to be so.
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July 03, 2013, 07:50:44 AM
 #21

Joke between to friends to draw attention and maybe raise bitcoin price.

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July 03, 2013, 10:32:27 PM
 #22

If it was paid (which it almost certainly wasn't) you'd be pretty happy with getting that for 1 bitcoin haha
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