[2014-01-21] eBay / PayPal to accept Bitcoin

[bitbitcoins]

http://bitbitcoins.com/ebay-will-partially-accept-bitcoin/

[Protagonus]

very good news indeed, at least cuts out the gray area for listing on Ebay.  Odd that they are calling it a "classified ads" section though.  Just hope they only allow BTC and LTC as stated so far.......

another article on the same subject.

http://news.cnet.com/8301-1023_3-57617502-93/ebay-uk-to-allow-bitcoin-sales-in-virtual-currency-category/

[kjlimo]

This service will be limited to UK only and there won’t be any possibility to buy physical goods on the website.

So they are going to become a cryptocurrency exchange?  But you can't buy things for bitcoin???

I'll stick to Vircurex or Cryptsy for trading alternate cryptocurrencies.

If ebay starts paying more interest than Vircurex, then perhaps I'd consider switching.

I wonder if deposits will be secured in any way.

[Rygon]

"Bitcoin suffers from the dark-side image and a partner like PayPal is likely to enhance the public confidence in the crypto currencies"   

Weird. I won't complain about another exchange going up, although I doubt they have the expertise to run a bitcoin exchange right.

[hilariousandco]

They need to sort the Paypal problem out first, because until they stop scammers from abusing their system this is still pointless.

[bitbitcoins]

yes ... this pb could persist with btc

[bryant.coleman]

How reliable is this news? I don't see any major news agencies covering it...

[bitbitcoins]

here some articles :
http://news.cnet.com/8301-1023_3-57617502-93/ebay-to-allow-bitcoin-sales-in-virtual-currency-category/
http://www.coindesk.com/ebay-uk-virtual-currency-february/

some more are available

[bryant.coleman]

here some articles :
http://news.cnet.com/8301-1023_3-57617502-93/ebay-to-allow-bitcoin-sales-in-virtual-currency-category/
http://www.coindesk.com/ebay-uk-virtual-currency-february/

some more are available

Coindesk is a very reliable source... but then why the exchange rate is coming down? If the news was not a hoax, then BTC would have hit $3K by now.

[hilariousandco]

here some articles :
http://news.cnet.com/8301-1023_3-57617502-93/ebay-to-allow-bitcoin-sales-in-virtual-currency-category/
http://www.coindesk.com/ebay-uk-virtual-currency-february/

some more are available

Coindesk is a very reliable source... but then why the exchange rate is coming down? If the news was not a hoax, then BTC would have hit $3K by now.

I was surprised about it as I thought it would be huge news, but maybe it'll gain some traction when it goes live.

[guybrushthreepwood]

here some articles :
http://news.cnet.com/8301-1023_3-57617502-93/ebay-to-allow-bitcoin-sales-in-virtual-currency-category/
http://www.coindesk.com/ebay-uk-virtual-currency-february/

some more are available

Coindesk is a very reliable source... but then why the exchange rate is coming down? If the news was not a hoax, then BTC would have hit $3K by now.

I was surprised about it as I thought it would be huge news, but maybe it'll gain some traction when it goes live.

Ebay accepting Bitcoin would be massive news, but just officially allowing it isn't that huge. You can already buy and sell coins on there anyway.

[LRCGROUP]

I am interested in what types of fee's they will implement for this service.

[hilariousandco]

I am interested in what types of fee's they will implement for this service.

It'll probably be 10%, but we'll soon find out on the 10th: http://news.cnet.com/8301-1023_3-57617502-93/ebay-to-allow-bitcoin-sales-in-virtual-currency-category/

[subSTRATA]

"Bitcoin suffers from the dark-side image and a partner like PayPal is likely to enhance the public confidence in the crypto currencies"  

Weird. I won't complain about another exchange going up, although I doubt they have the expertise to run a bitcoin exchange right.

Too bad public will fall for the craps and praise PayPal and Ebay even more. Funny how they will in the end manage to profit
the most from cryptocoins. If it's up to me, those bastards and any others would be blacklisted. Right there in source code.

All you sold faggots cheering news like this one make me sick.

[Singlebyte]

Anyone else tired of bitbitcoins self promoting blog links?

[alrachid]

I have heard for months that Ebay wanted to accept. Is it ever going to actually happen?

[bryant.coleman]

Ebay accepting Bitcoin would be massive news, but just officially allowing it isn't that huge. You can already buy and sell coins on there anyway.

Hmm... thanks for pointing it out. So the picture is not so rosy either.

[LRCGROUP]

E-Bay, Pay Pal, Amazon, and so on will be forced to take part either in the short or long term.  Google is building their own form of a wallet for Bitcoin and once they hit the market with their new toy, everyone else is going to be forced to act or risk being left behind.  I believe the question is not fixed on; if they will take it, the question is when will they take it.

Either play the game or risk being left behind and trying your best to play catchup.

[hilariousandco]

E-Bay, Pay Pal, Amazon, and so on will be forced to take part either in the short or long term.  Google is building their own form of a wallet for Bitcoin and once they hit the market with their new toy, everyone else is going to be forced to act or risk being left behind. I believe the question is not fixed on; if they will take it, the question is when will they take it.

Are they definitely doing this or is this just hearsay? Any sources?

[swansong]

I think that this kind of news will increase after positive hearings from NYDFS