Bitcoin Forum
December 15, 2017, 02:42:57 PM *
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: How to safely sell Bitcoins on eBay?  (Read 6418 times)
Septimus
Jr. Member
*
Offline Offline

Activity: 51


View Profile
January 22, 2014, 04:14:26 PM
 #41

I sold BTC on ebay for a little bit and made some money, but I did get scammed a few times.
I agree with most of what you said, but I have to disagree with using Paypal altogether. The best, most secure way to sell BTC on eBay is through the Virtual Currency category (will make you kosher on eBay terms), but you need to setup a bank transfer instead of using PP.

I spoke with the PP claims department yesterday regarding an immediate refund of $150 to one of my buyers. He informed me that it doesn't matter what form you attempt to sell BTC in (paper wallets, pennies, even wallets on USB sticks), they will not protect you. The reason for this is that the buyer can simply claim they did not receive what was promised (an empty wallet or envelope), even with shipping confirmation. Do you really want to rely on Paypal judgement at that point? At least with bank transfers, you're not running the risk of some pillock thieving your coins with a few simple lies.

Of course, this essentially makes you no better than any other pain in the ass method of getting BTC out there, but at least you're protected this way. The only risk I can think of is dealing with a stolen bank account. Even then, the chances of getting burned are still far less than dealing with PP...and even less if you deal in smaller amounts.
1513348977
Hero Member
*
Offline Offline

Posts: 1513348977

View Profile Personal Message (Offline)

Ignore
1513348977
Reply with quote  #2

1513348977
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1513348977
Hero Member
*
Offline Offline

Posts: 1513348977

View Profile Personal Message (Offline)

Ignore
1513348977
Reply with quote  #2

1513348977
Report to moderator
1513348977
Hero Member
*
Offline Offline

Posts: 1513348977

View Profile Personal Message (Offline)

Ignore
1513348977
Reply with quote  #2

1513348977
Report to moderator
RaTTuS
Hero Member
*****
Offline Offline

Activity: 781


Bite me


View Profile
January 22, 2014, 04:23:21 PM
 #42

http://www.zdnet.com/ebay-uk-to-allow-bitcoin-trades-but-only-in-classifieds-for-now-7000025380/
http://www.theguardian.com/technology/2014/jan/21/ebay-clamps-down-on-bitcoin-sales-in-the-uk

In the Beginning there was CPU , then GPU , then FPGA then ASIC, what next I hear to ask ....

1RaTTuSEN7jJUDiW1EGogHwtek7g9BiEn
Septimus
Jr. Member
*
Offline Offline

Activity: 51


View Profile
January 22, 2014, 04:39:12 PM
 #43

Looks like eBay is finally deciding to unclench it's cheeks a little. Hopefully PP will do the same...and be smart about it, which is asking a lot. Seems like BTC is following the inevitable conclusion of being required to have a physical form. Dunno if it'll ever be fully trusted if it doesn't.
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!