BitOffer
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July 05, 2011, 06:46:02 AM |
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I wonder how big bitcoin needs to get before mainstream catches on? To the point that Ebay/PayPal & other big merchants would accept it the same as credit cards, etc. Probably a long way off, but sure would be nicer than having to scrape together an ebay clone site. Jon
Ebay + Paypal will always have high fees. It's up to the little guy to change that. You can pretty much give up on the ideal that Ebay will except Bitcoins. What's alluring is the ideal of trading with low to no fees at all. I know I choose not to sell on ebay sometimes because of the large hit in fees. We need to go back to the early days of Ebay when they didn't gouge.
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Rob12345
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July 05, 2011, 02:53:56 PM |
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Bitcoins are way too complicated and niche at the moment. Make it simpler to purchase them first. Or would it be a case of 'if you build it, they will come'...
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smokie128
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July 05, 2011, 03:15:00 PM |
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I think such a bitcoin marketplace would need some kind of trusted institution, like an escrow service. It should look something like this:
The buyer (B) buys an item on the marketplace. He hands the cash to the escrow (let's just call it BitPal for now). The seller ships his item to BitPal. BitPal checks if it has the ware and the cash. If both is at BitPal, it ships the item to the buyer and the cash to the seller.
Using this system would make transactions a lot easier, because now you just have to trust a single institution instead of hundreds of individuals. Of course, this would kinda destroy the anonymity of Bitcoin because BitPal would have a lot of money and a lot of personal data, but it's just a thought on what is possible.
Tell me what you think!
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BitOffer
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July 05, 2011, 05:29:52 PM |
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I think such a bitcoin marketplace would need some kind of trusted institution, like an escrow service. It should look something like this:
The buyer (B) buys an item on the marketplace. He hands the cash to the escrow (let's just call it BitPal for now). The seller ships his item to BitPal. BitPal checks if it has the ware and the cash. If both is at BitPal, it ships the item to the buyer and the cash to the seller.
Using this system would make transactions a lot easier, because now you just have to trust a single institution instead of hundreds of individuals. Of course, this would kinda destroy the anonymity of Bitcoin because BitPal would have a lot of money and a lot of personal data, but it's just a thought on what is possible.
Tell me what you think!
The escrow service adds too much to the cost on smaller ticket items. BitPal service + paying shipping twice. If BitBay(ebay clone site) was also BitPal(escrow service), it would cut costs and offer what we want. low to no fee trading. You could offer No fees at BitBay(keeping the allure value) and still make a profit from the BitPal escrow service. BitBay will need some Reputability to pull this off though(probably couldn't do it alone).
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mr34727
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July 05, 2011, 08:24:36 PM |
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I would definitely be on this. I wonder how 'normal' people would buy though, since it is complicated to get BTC. Sure, you can buy them on ebay, but they are expensive. You can mine, but that's complicated. You can use an exchange, but really who will jump through those hoops? If you had an exchange built into the system, now that might work.
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Andre Jensen (World Bitcoin Exchange) (OP)
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July 06, 2011, 04:10:11 AM |
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I think such a bitcoin marketplace would need some kind of trusted institution, like an escrow service. It should look something like this:
The buyer (B) buys an item on the marketplace. He hands the cash to the escrow (let's just call it BitPal for now). The seller ships his item to BitPal. BitPal checks if it has the ware and the cash. If both is at BitPal, it ships the item to the buyer and the cash to the seller.
Using this system would make transactions a lot easier, because now you just have to trust a single institution instead of hundreds of individuals. Of course, this would kinda destroy the anonymity of Bitcoin because BitPal would have a lot of money and a lot of personal data, but it's just a thought on what is possible.
Tell me what you think!
The escrow service adds too much to the cost on smaller ticket items. BitPal service + paying shipping twice. If BitBay(ebay clone site) was also BitPal(escrow service), it would cut costs and offer what we want. low to no fee trading. You could offer No fees at BitBay(keeping the allure value) and still make a profit from the BitPal escrow service. BitBay will need some Reputability to pull this off though(probably couldn't do it alone). this is correct, i will need some Reputability to pull this off , hay by the way i like your site bitoffer. well done cheers gorkalitus
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dlasher
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July 06, 2011, 06:24:47 AM |
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love the idea.
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WillMitchell
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July 06, 2011, 06:40:32 AM |
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I was thinking of doing something like this Have fun
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fm1234
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July 06, 2011, 06:57:52 AM |
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It would be interesting to see, but do take note that virtually all attempts to compete with eBay in the mainstream have either gone under, or settled into a happy rut, despite eBay spending years getting worse and worse on sellers via policy and price changes, without providing much in benefit to buyers along the way (ie. eBay buyers are not much better off than they were five years ago, but sellers are notably worse.) This says nothing about non-mainstream attempts -- there have been many sites over the years that attempted to be the "eBay of digital currencies," especially after eBay banned the use of e-gold and other digital currencies for payment, and they universally failed despite good platforms, ample promotion, etc.
Finally, the whole notion of an "eBay clone" in any context may be an idea whose time has already come and gone -- according to eBay's own financials, revenue from auctions has been steadily decreasing for years, and now accounts for less than one-third of their income (although for certain items, eg. cars and collectibles, auctions are still dominant.)
Frank
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smokie128
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July 06, 2011, 08:37:07 AM |
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... just saw http://www.btcrow.com/. Looks good at first glance, but as the contact page is 404'd, I'd be careful.
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ronwan
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July 06, 2011, 09:54:19 AM |
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Yes I agree, you can start out with Bitcoin stuff but you have to let people trade whatever they want. Your market distinction is that you only pay in BTC.
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BTCrow
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July 06, 2011, 12:05:04 PM |
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... just saw http://www.btcrow.com/. Looks good at first glance, but as the contact page is 404'd, I'd be careful. Hi I'm the owner and founder of BTCrow.com, I just noticed your post. there's no contact page so can't be 404'd: it lead to our contact email: info@btcrow.comCan you please tell me how you get this error ? Also there's the official thread and some people already did transaction and posted review: http://forum.bitcoin.org/index.php?topic=21544.0If you need informations or have comments / suggestions you can reach us at this address: info@btcrow.com or post it into the official thread. Thanks Jules
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smokie128
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July 07, 2011, 01:44:54 PM |
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... just saw http://www.btcrow.com/. Looks good at first glance, but as the contact page is 404'd, I'd be careful. Hi I'm the owner and founder of BTCrow.com, I just noticed your post. there's no contact page so can't be 404'd: it lead to our contact email: info@btcrow.comCan you please tell me how you get this error ? Also there's the official thread and some people already did transaction and posted review: http://forum.bitcoin.org/index.php?topic=21544.0If you need informations or have comments / suggestions you can reach us at this address: info@btcrow.com or post it into the official thread. Thanks Jules At the time I checked, the Contact link lead to /contact.html, which (obviously) wasn't there. Using FF 5 with NoScript and AdBlockPlus. Now it correctly points to the mail addr.
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Andre Jensen (World Bitcoin Exchange) (OP)
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July 07, 2011, 02:40:44 PM |
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started this site to get something in motion, taken on all your feedback so here is part one the site is www.worldbitcoinexchange.com1) you asked for no listing fees = and ive done that no listing fees 2) the only fee is the success fee which is 0.75% (to help pay the bills)same as other popular exchanges 3) 24hr (with upto date exchange rates) or 7day auction 4) Buy Now feature= free 5) re list feature =free 6) Home page feature= free max exposure 7) Feedback and Rating system that regulates fraud. so go and have some fun and help me start an exciting community thank you to all that have helped gorkalitus plus more.......... features to come
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JONW2012
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July 08, 2011, 03:40:56 PM |
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Nice Job! The site looks pretty good. I created a listing just now for a Google Chromebook Laptop. I put it in the Mining Rigs category. Hope that's alright http://www.worldbitcoinexchange.com/item.php?id=73Thanks for making this site, I hope people will give it a try! Jon started this site to get something in motion, taken on all your feedback so here is part one the site is www.worldbitcoinexchange.com1) you asked for no listing fees = and ive done that no listing fees 2) the only fee is the success fee which is 0.75% (to help pay the bills)same as other popular exchanges 3) 24hr (with upto date exchange rates) or 7day auction 4) Buy Now feature= free 5) re list feature =free 6) Home page feature= free max exposure 7) Feedback and Rating system that regulates fraud. so go and have some fun and help me start an exciting community thank you to all that have helped gorkalitus plus more.......... features to come
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