LiteCoinGuy
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In Satoshi I Trust
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September 07, 2013, 01:01:29 PM |
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Where do you see that eBay wants/plans/thinks or just imagines to implement bitcoins?
eBay has a business model based on fees (with paypal). If they implement bitcoins, they will take 5% fees on each transactions, and it won't be cheaper to pay with bitcoins or usd, so what would be the point?
yes, maybe its not cheaper but it would be a huge push for bitcoin.
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Carlton Banks
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September 07, 2013, 05:55:38 PM |
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Where do you see that eBay wants/plans/thinks or just imagines to implement bitcoins?
eBay has a business model based on fees (with paypal). If they implement bitcoins, they will take 5% fees on each transactions, and it won't be cheaper to pay with bitcoins or usd, so what would be the point?
More choice for Bitcoin customers buying from on-line marketplaces. It would also add perceived legitimacy to Bitmit, in an indirect way, and so would help stimulate the competition in the sector.
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Vires in numeris
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steelhouse
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September 08, 2013, 07:33:14 AM |
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Probably crash bitcoin, it can't handle the transactions per second. Blockchain would grow to unusable size. We will all be using quarkcoins.
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Phinnaeus Gage
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Bitcoin: An Idea Worth Spending
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September 08, 2013, 07:42:22 AM |
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PayPal could easily forego the $.35 fee and simply charge only the 2.9% fee right after they purchase BitPay for $(x)M.
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freedomno1
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Learning the troll avoidance button :)
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September 08, 2013, 07:49:16 AM |
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Well pro bitcoin get through the myths of it being a ponzi scheme etc and we are that much closer to mainstream acceptance.
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Believing in Bitcoins and it's ability to change the world
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doof
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September 08, 2013, 10:46:10 AM |
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ebay own paypal.
i tried to sell some btc on ebay, but they pulled my auction because they dont allow dont delivery.
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crazynoggin
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September 08, 2013, 10:53:06 AM |
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If this is legit, then this is great news for Bitcoin
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Moogle
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KUPO!
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September 08, 2013, 10:44:41 PM |
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doubt it. how would they refund people their money if they don't control it ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) plus they cant freeze your bitcoin wallet. thats their 2 favourite past times ruined already!
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tclo
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September 08, 2013, 11:30:57 PM |
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someone said this is not official ebay video and I believe them.
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StarfishPrime
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September 09, 2013, 03:48:25 AM |
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If Ebay ever adopts or even officially allows bitcoin as a payment method, it would most likely only be as BTC-denominated payments through Paypal (owned by Ebay and not surprisingly also considering bitcoin).
There's no way they'll *ever* allow an irreversible form of payment like direct buyer-seller bitcoin transactions. Paying in BTC through Paypal would add the layer of "buyer protection" (and 2-3% fees). Anything else would undermine their revenue model.
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phillipsjk
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Let the chips fall where they may.
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September 09, 2013, 06:53:17 AM |
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Ebay does have an officially recommended escrow service (mainly for big-ticket items). For small purchases, the fee is 3.25% or $25; whichever is greater. I sent a paper letter to escrow.com two years ago explaining Bitcoin and mentioning how m-n transactions can simplify the escrow process. It is possible that somebody looked into it further without getting back to me.
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James' OpenPGP public key fingerprint: EB14 9E5B F80C 1F2D 3EBE 0A2F B3DE 81FF 7B9D 5160
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Bitcoinpro
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September 09, 2013, 07:39:25 AM |
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For these big companies its the timing on when they will get in, you never know how quick things could change on them if they are to slow to act, a online company like ebay could make the switch fairly quickly while say a very large department store chain could take longer.
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HGT24
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September 09, 2013, 03:44:20 PM |
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doubt it. they make too much money on paypal...
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countryfree
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Your country may be your worst enemy
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September 09, 2013, 04:17:50 PM |
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Whatever the outcome of the ideas given here, I suppose that right now, anyone selling something on Ebay can just add at the end of his product's description that he'll gladly accept BTC as payment.
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I used to be a citizen and a taxpayer. Those days are long gone.
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