Bitcoin Forum
November 25, 2017, 02:46:30 AM *
News: Latest stable version of Bitcoin Core: 0.15.1  [Torrent].
 
   Home   Help Search Donate Login Register  
Pages: [1] 2 3 »  All
  Print  
Author Topic: Ebay again talking about Bitcoin  (Read 5228 times)
crazy_rabbit
Legendary
*
Offline Offline

Activity: 1176


RUM AND CARROTS: A PIRATE LIFE FOR ME


View Profile
November 03, 2013, 06:03:22 PM
 #1

FT Article:

http://www.ft.com/intl/cms/s/0/f374ed54-4328-11e3-8350-00144feabdc0.html?siteedition=intl#axzz2jbeXTkD0


Copypasta:

High quality global journalism requires investment. Please share this article with others using the link below, do not cut & paste the article. See our Ts&Cs and Copyright Policy for more detail. Email ftsales.support@ft.com to buy additional rights. http://www.ft.com/cms/s/0/f374ed54-4328-11e3-8350-00144feabdc0.html#ixzz2jbgotudF

Ebay is preparing to expand the range of digital currencies it accepts and said that its payments unit PayPal may one day incorporate Bitcoin.
“Digital currency is going to be a very powerful thing,” John Donahoe, eBay chief executive, said in an interview with the Financial Times.The ecommerce group, which has more than 124m active users, is initially focusing on incorporating reward points from retailers’ loyalty schemes into its PayPal wallet.
“We are building the container so any retailer could put their loyalty points into the PayPal wallet,” Mr Donahoe said.
“There is a limit to how many cards you will carry, or remembering what points you have or don’t have,” he said. “But in a digital wallet, you can put 50 different loyalty cards.”
Mr Donahoe said Ebay was not expanding the PayPal wallet to include Bitcoins, “but we are watching it”.
“That same technology could accept other digital currencies,” he said.
eBay’s efforts raise the possibility that virtual currencies such as Bitcoin may in time move beyond a niche role in online commerce. Some enthusiasts believe Bitcoin and other currencies that exist outside the traditional banking system represent the future of online payments.
The work to expand the PayPal wallet underlines the emergence of virtual payment systems as the latest front in the battle between the global technology giants, including Google and Apple, to increase consumer reliance on their products.
Corporate initiatives have sought to drum up interest in digital wallets for use online and on the high street. Companies from mobile and technology groups to banks and retailers are racing to use new mobile wallets to upend the payments business.
Most of these efforts have focused on new ways of paying with traditional currencies such as the pound and the dollar, rather than with niche mediums of exchange such as loyalty points or Bitcoin.
Bitcoin transactions are conducted through a peer-to-peer network of computers, outside the traditional banking system and largely beyond the control of governments and monetary authorities. The digital currency is accepted by very few retailers at present.
Ebay has in recent years sought to bring more large retailers on to its ecommerce platform, which started as an auction side for small traders. Ebay recently teamed up with Argos to allow customers to collect goods from 150 of the British retailer’s stores.
The ecommerce group also has a partnership with Nectar, the UK’s largest loyalty programme, allowing customers to collect points when they spend money through eBay.
Mr Donahoe said that ecommerce had yet to combine the more “utilitarian” nature of shopping online, with the “social experience” of shopping at the mall or on the high street.

more or less retired.
1511577990
Hero Member
*
Offline Offline

Posts: 1511577990

View Profile Personal Message (Offline)

Ignore
1511577990
Reply with quote  #2

1511577990
Report to moderator
1511577990
Hero Member
*
Offline Offline

Posts: 1511577990

View Profile Personal Message (Offline)

Ignore
1511577990
Reply with quote  #2

1511577990
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1511577990
Hero Member
*
Offline Offline

Posts: 1511577990

View Profile Personal Message (Offline)

Ignore
1511577990
Reply with quote  #2

1511577990
Report to moderator
Ledeci
Jr. Member
*
Offline Offline

Activity: 42


View Profile
November 03, 2013, 08:44:48 PM
 #2

I don't think ebay will ever implement bitcoins!

*Selling small amounts of bitcoin for paypal*
https://bitcointalk.org/index.php?topic=337304.0
BitAddict
Legendary
*
Offline Offline

Activity: 1190


DoctorBitcoin


View Profile
November 03, 2013, 08:50:48 PM
 #3

I don't think ebay will ever implement bitcoins!

In the near future they won't have any other option than to accept bitcoins.
exstasie
Hero Member
*****
Offline Offline

Activity: 644


View Profile
November 03, 2013, 08:52:39 PM
 #4

There's nothing from preventing sellers accepting Bitcoins is there?  People can just use it as their preferred method, though I guess eBay wouldn't be liable for any fraud that occurs from those auctions.

dalston5000
Jr. Member
*
Offline Offline

Activity: 35


View Profile
November 03, 2013, 08:54:08 PM
 #5

If Bitmit becomes more popular  then that may well kick the people who run ebay/paypal into taking it seriously.

Ledeci
Jr. Member
*
Offline Offline

Activity: 42


View Profile
November 03, 2013, 09:00:38 PM
 #6

If Bitmit becomes more popular  then that may well kick the people who run ebay/paypal into taking it seriously.
+1
but if ebay was to accept bitcoins bitmit would be useless imho

*Selling small amounts of bitcoin for paypal*
https://bitcointalk.org/index.php?topic=337304.0
Mitchell
Staff
Legendary
*
Offline Offline

Activity: 1638


Verified awesomeness ✔


View Profile WWW
November 03, 2013, 09:01:46 PM
 #7

If Bitmit becomes more popular  then that may well kick the people who run ebay/paypal into taking it seriously.
+1
but if ebay was to accept bitcoins bitmit would be useless imho
Well BitMit has a escrow service. Dunno if eBay has it, but that is a huge plus.


▄██████████████████
███████████████████
███████████████████
█████████████████
███████████████
████████████████
████████████████
█████████████████
███████████████████
████████████████████
█████████████████████
▀████████████████████
Bazista®
██ █  ██ ██
██   ██  ██
██  ██   ██
██ ██  █ ██
██ █  ██ ██
██   ██  ██
██  ██   ██
██ ██  █ ██
██ █  ██ ██
██   ██  ██
██  ██   ██
██ ██  █ ██

██ █  ██ ██
██   ██  ██
██  ██   ██
██ ██  █ ██
██ █  ██ ██
██   ██  ██
██  ██   ██
██ ██  █ ██
██ █  ██ ██
██   ██  ██
██  ██   ██
██ ██  █ ██
|||
EccLipSe
Member
**
Offline Offline

Activity: 70


View Profile
November 03, 2013, 09:05:05 PM
 #8

I don't believe that happens in near future. We have to much way to walk.
CurbsideProphet
Hero Member
*****
Offline Offline

Activity: 672


View Profile
November 03, 2013, 09:32:44 PM
 #9

I don't think ebay will ever implement bitcoins!

Neither do I.  Paypal is only alive because of Ebay and Bitcoin is a direct competitor to Paypal. 

1ProphetnvP8ju2SxxRvVvyzCtTXDgLPJV
Twipple
Sr. Member
****
Offline Offline

Activity: 448


View Profile
November 03, 2013, 10:42:06 PM
 #10

WOW! I went through the whole setup / verification nonsense on FT.com to read the article, then I noticed that you pasted it into the thread. Fail :l

StarfishPrime
Sr. Member
****
Offline Offline

Activity: 359


View Profile
November 03, 2013, 11:05:21 PM
 #11

It's becoming obvious that Paypal will just add btc as yet another currency. They've hinted at this for months now.

Why?
1. They get to add their 2.9% transaction fee, exorbitant currency exchange fees, and "buyer protection" layer to bitcoin transactions.
2. They will then "allow" Ebay sellers to accept bitcoin - but only through Paypal. Just like they no longer allow money-orders or western union.
3. This will seriously undermine competitor startups like Bitpay, Coinbase, Ripple, etc. because Paypal will be offering the same services to a much larger user base (albeit with higher fees).

                         
    ¦                     
  ¦    ¦¦¦               
¦¦  ¦¦¦¦                 
                             ¦¦  ¦¦¦¦
                          ¦ ¦¦ ¦¦¦¦                     
                         ¦¦¦¦¦¦¦¦
                        ¦¦¦¦¦¦¦
                        ¦¦¦¦¦¦
                  ¦¦¦  ¦¦¦¦¦¦
                   ¦ ¦¦¦¦¦¦

                    ¦¦  ¦ ¦¦¦¦
                    ¦¦    ¦¦¦¦
                    ¦¦  ¦ ¦¦¦¦
                   ¦¦¦  ¦ ¦¦¦¦¦
                ¦¦¦¦    ¦ ¦¦¦¦¦¦¦¦
             ¦¦¦¦¦    ¦ ¦¦ ¦¦¦¦¦¦¦¦¦¦
          ¦¦¦¦¦       ¦  ¦   ¦¦¦¦¦¦¦¦¦¦¦
        ¦¦¦¦         ¦        ¦¦¦¦¦¦¦¦¦¦¦¦
     ¦¦¦¦          ¦      ¦    ¦¦¦¦¦¦¦¦¦¦¦¦¦¦
    ¦¦¦         ¦¦         ¦   ¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦
   ¦¦        ¦¦         ¦¦  ¦   ¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦
  ¦¦       ¦          ¦ ¦¦   ¦  ¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦
 ¦¦¦     ¦¦          ¦   ¦    ¦  ¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦
¦¦¦     ¦          ¦      ¦   ¦¦ ¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦
¦¦¦    ¦        ¦¦         ¦¦  ¦ ¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦
¦¦¦   ¦¦     ¦¦         ¦   ¦  ¦ ¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦
¦¦¦   ¦     ¦¦         ¦¦¦   ¦ ¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦
 ¦¦   ¦¦    ¦        ¦    ¦  ¦ ¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦
 ¦¦    ¦   ¦        ¦¦    ¦  ¦ ¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦
  ¦¦    ¦  ¦¦       ¦     ¦  ¦ ¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦
   ¦¦    ¦  ¦      ¦      ¦  ¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦
    ¦¦¦   ¦ ¦¦     ¦¦     ¦  ¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦
     ¦¦¦   ¦ ¦¦     ¦¦    ¦ ¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦
       ¦¦¦¦  ¦ ¦¦    ¦  ¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦
          ¦¦¦¦¦¦  ¦¦  ¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦
             ¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦
                        ¦¦

.
TorCoin.....
¦
¦
¦
¦
  Fully Anonymous TOR-integrated Crypto
               ¦ Windows     ¦ Linux     ¦ GitHub     ¦ macOS
     ¦
     ¦
     ¦
     ¦
.
   ANN THREAD
     ¦
     ¦
     ¦
     ¦
[/center]
Puppet
Legendary
*
Offline Offline

Activity: 966


View Profile
November 03, 2013, 11:14:39 PM
 #12

Well BitMit has a escrow service. Dunno if eBay has it, but that is a huge plus.

ebay/paypal doesnt need escrow because of its reversibility. But since pp already implements consumer protection and conflict resolution, adding escrow for bitcoin (or making the payments reversible, even if through fiat) seems pretty darn obvious.

Ive always said paypal and bitcoin are not enemies, but natural allies. Paypal and bitpay would be enemies, well, competitors really, but paypal brings a lot to the table that is really useful for bitcoin and that no one offers yet.

My bold prediction: in 2014 paypal will buy bit-pay and it's tony Gallippi's turn to retire young and rich or start building space rockets and electric cars Smiley
revans
Sr. Member
****
Offline Offline

Activity: 336


View Profile
November 03, 2013, 11:34:49 PM
 #13

I don't think ebay will ever implement bitcoins!

In the near future they won't have any other option than to accept bitcoins.

Such laughable hubris for a 'currency' that isn't even a fraction of a drop in the ocean of world commerce.
p2pbucks
Hero Member
*****
Offline Offline

Activity: 650


Evolution is the only way to survive


View Profile WWW
November 03, 2013, 11:37:30 PM
 #14

Ebay need BTC , BTC doesn't need EBAY
revans
Sr. Member
****
Offline Offline

Activity: 336


View Profile
November 03, 2013, 11:37:49 PM
 #15

You people are so naive it's dangerous.

Paypal/Ebay are clearly interested in implementing their own crypto currency with additional features to aid consumer adoption, amd then they will use the ubiquity of paypal to push this new currency on users. There is precisely zero chance of Paypal (or any other payment provider) ever accepting Bitcoins.
revans
Sr. Member
****
Offline Offline

Activity: 336


View Profile
November 03, 2013, 11:40:21 PM
 #16

Ebay need BTC , BTC doesn't need EBAY



Why exactly does Ebay need a payment method fewer than one in a thousand people know about? Thus far Bitcoin's main utility is as a medium for speculation, and the price rises reflect the belief of those in the Bitcoin bubble that it is only going to appreciate in value. Of course that never happens, and eventually the speculators realise they are left with a bunch of almost worthless tulip bulbs.
IsaacGoldbourne
Member
**
Offline Offline

Activity: 112

Looking to start various enterprises


View Profile
November 03, 2013, 11:59:38 PM
 #17

The only benefit of e-bay is how many people use it, other than that it is awful and we don't want it.

Vote for me for CEO/CNO of MemoryCoin!
CEO: MVTEceoa86dYRsxc2rWCexBMjJmaawMkHZ
CNO: MVTEcno2tbsJWj7AQEyEjgk72j94hbPHFm
StarfishPrime
Sr. Member
****
Offline Offline

Activity: 359


View Profile
November 04, 2013, 12:05:20 AM
 #18

Troll educational post:

1. This thread is titled "Ebay again talking about Bitcoin" because Ebay is talking about Bitcoin again. Note that it is not titled "Bitcoin again talking about Ebay"

2. There's no way Paypal will ever issue their own "cryptocurrency", there's simply no reason to. Paypal is already it's own virtual currency. Until you cash out, your funds are only entries on Paypal's ledger. They would gladly just ignore bitcoin if they thought they could.

 

                         
    ¦                     
  ¦    ¦¦¦               
¦¦  ¦¦¦¦                 
                             ¦¦  ¦¦¦¦
                          ¦ ¦¦ ¦¦¦¦                     
                         ¦¦¦¦¦¦¦¦
                        ¦¦¦¦¦¦¦
                        ¦¦¦¦¦¦
                  ¦¦¦  ¦¦¦¦¦¦
                   ¦ ¦¦¦¦¦¦

                    ¦¦  ¦ ¦¦¦¦
                    ¦¦    ¦¦¦¦
                    ¦¦  ¦ ¦¦¦¦
                   ¦¦¦  ¦ ¦¦¦¦¦
                ¦¦¦¦    ¦ ¦¦¦¦¦¦¦¦
             ¦¦¦¦¦    ¦ ¦¦ ¦¦¦¦¦¦¦¦¦¦
          ¦¦¦¦¦       ¦  ¦   ¦¦¦¦¦¦¦¦¦¦¦
        ¦¦¦¦         ¦        ¦¦¦¦¦¦¦¦¦¦¦¦
     ¦¦¦¦          ¦      ¦    ¦¦¦¦¦¦¦¦¦¦¦¦¦¦
    ¦¦¦         ¦¦         ¦   ¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦
   ¦¦        ¦¦         ¦¦  ¦   ¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦
  ¦¦       ¦          ¦ ¦¦   ¦  ¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦
 ¦¦¦     ¦¦          ¦   ¦    ¦  ¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦
¦¦¦     ¦          ¦      ¦   ¦¦ ¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦
¦¦¦    ¦        ¦¦         ¦¦  ¦ ¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦
¦¦¦   ¦¦     ¦¦         ¦   ¦  ¦ ¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦
¦¦¦   ¦     ¦¦         ¦¦¦   ¦ ¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦
 ¦¦   ¦¦    ¦        ¦    ¦  ¦ ¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦
 ¦¦    ¦   ¦        ¦¦    ¦  ¦ ¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦
  ¦¦    ¦  ¦¦       ¦     ¦  ¦ ¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦
   ¦¦    ¦  ¦      ¦      ¦  ¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦
    ¦¦¦   ¦ ¦¦     ¦¦     ¦  ¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦
     ¦¦¦   ¦ ¦¦     ¦¦    ¦ ¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦
       ¦¦¦¦  ¦ ¦¦    ¦  ¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦
          ¦¦¦¦¦¦  ¦¦  ¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦
             ¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦
                        ¦¦

.
TorCoin.....
¦
¦
¦
¦
  Fully Anonymous TOR-integrated Crypto
               ¦ Windows     ¦ Linux     ¦ GitHub     ¦ macOS
     ¦
     ¦
     ¦
     ¦
.
   ANN THREAD
     ¦
     ¦
     ¦
     ¦
[/center]
Puppet
Legendary
*
Offline Offline

Activity: 966


View Profile
November 04, 2013, 12:08:48 AM
 #19

The only benefit of e-bay is how many people use it, other than that it is awful and we don't want it.

thats what people said before we had bitpay and ever since the idea of a bitcoin payment processor doesnt look so silly now.
You may also want to ask BFL customers if they think the idea of third party conflict resolution / escrow/reversibility is something they really dont want in the bitcoin realm.
Never mind the possibility of being able to purchase bitcoins with a credit card or paypal balance. Just imagine how awful that would be!
IsaacGoldbourne
Member
**
Offline Offline

Activity: 112

Looking to start various enterprises


View Profile
November 04, 2013, 12:21:30 AM
 #20

The only benefit of e-bay is how many people use it, other than that it is awful and we don't want it.

thats what people said before we had bitpay and ever since the idea of a bitcoin payment processor doesnt look so silly now.
You may also want to ask BFL customers if they think the idea of third party conflict resolution / escrow/reversibility is something they really dont want in the bitcoin realm.
Never mind the possibility of being able to purchase bitcoins with a credit card or paypal balance. Just imagine how awful that would be!

I think you have me wrong, all of those things are great. Its just Paypal and E-bay do it horribly.

Vote for me for CEO/CNO of MemoryCoin!
CEO: MVTEceoa86dYRsxc2rWCexBMjJmaawMkHZ
CNO: MVTEcno2tbsJWj7AQEyEjgk72j94hbPHFm
Pages: [1] 2 3 »  All
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!