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Author Topic: Ebay almost getting into bed with Bitcoin, PayPal c$ckblocking  (Read 1998 times)
ChuckBuck (OP)
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January 22, 2014, 09:25:44 PM
 #1

Ebay is already creating a "Virtual Currency" category amidst sales of Bitcoin in the US and now the UK.  They're ever so close to embracing BTC as a payment method with it's fee-less fast transaction based structure, but their long marriage with PayPal looms as the biggest hurdle.  Ebay probably will hedge it's bets in the future, and offer both payment options.  If BTC growth in the media and masses continue, you can bet your ass Ebay will dump PayPal in the street like a $20 whore!

http://motherboard.vice.com/blog/ebay-is-embracing-bitcoinalmost

Imagine Ebay and it's 233 million user base worldwide seeing:




Exciting times!

CharityAuction
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January 22, 2014, 09:28:36 PM
 #2

Ebay owns Paypal.

If you aren't the sole controller of your private keys, you don't have any bitcoins.
ChuckBuck (OP)
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January 22, 2014, 09:33:18 PM
 #3

Ebay owns Paypal.

Not for long...

www.marketwatch.com/story/icahn-calls-for-spinoff-of-paypal-from-ebay-2014-01-22

CharityAuction
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January 22, 2014, 09:45:24 PM
 #4

Ebay owns Paypal.

Yeah ebay will be the last. Newegg seems more likely to accept btc soon.
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January 22, 2014, 09:46:04 PM
 #5


Maybe...eBay's response to the suggestion doesn't sound very warm to the notion.

http://finance.fortune.cnn.com/2014/01/22/carl-icahn-time-to-break-up-ebay/?iid=HP_LN
ChuckBuck (OP)
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January 22, 2014, 10:11:36 PM
 #6

Ebay says "No" now, but we all know "No" means Yes!   Tongue

They're hedging their bets for now, and will see if PayPal's "coin" takes off or is a dud.  If BTC keeps growing in stature and value, they'll have no choice.

Especially with Icahn shoving 2 of his employees inside Ebay's board.

CharityAuction
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January 22, 2014, 10:21:38 PM
 #7

Ebay says "No" now, but we all know "No" means Yes!   Tongue

They're hedging their bets for now, and will see if PayPal's "coin" takes off or is a dud.  If BTC keeps growing in stature and value, they'll have no choice.

Especially with Icahn shoving 2 of his employees inside Ebay's board.

Never underestimate peoples stupidity, ripple took off rather well with minimal propaganda.
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January 22, 2014, 10:27:33 PM
 #8

instead of dumping their own company, they will probably come up with a payment system for Paypay ad hoc for cryptos, like ripple if I had to make an example or recharging your Paypal account through cryptos...and if that happens, and Ebay starts accepting cryptos not only as tradable objects but also as currency, then we are really going to the moon, as many like to say
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January 22, 2014, 10:34:34 PM
 #9

the pressure will be so great that its a matter of time that they will have no choice but the embrace btc.
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January 22, 2014, 10:40:40 PM
 #10

Ebay, Amazon, Newegg, we just need at least 1 of 3 to start accepting BTC.

"The Times 03/Jan/2009 Chancellor on brink of second bailout for banks"
😼 Bitcoin Core (onion)
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January 22, 2014, 10:44:11 PM
 #11

paypal sucks.  i wish everyone just dealt with bitcoin

the question is do we want to own ACTUAL money or this endless green crap that the govt keeps printing
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January 22, 2014, 10:47:26 PM
 #12

Idk, I think its gunna be a long drawn out fight before Ebay finally gives in to Bitcoin. But it'll be quite exciting to see what happens afterwards. Same with Amazon..
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January 22, 2014, 10:52:15 PM
 #13

I wish Target offered Bitcoin as an alternative payment method after their hacking incident.  It would show forward thinking on their part, and a way to avoid customer backlash in the future.

That would be an unbelievable publicity and media push for BTC...

CharityAuction
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January 27, 2014, 08:31:53 AM
 #14

And the source is the same blog that photoshopped a taxi in kenya and spread this non-sense a year ago?

http://motherboard.vice.com/blog/one-third-of-kenyans-now-have-a-bitcoin-wallet



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