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Author Topic: Has anyone tried selling on ebay since they created the new VC category?  (Read 682 times)
OneSlyFoxx (OP)
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March 05, 2014, 10:44:17 PM
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Hey guys,

I'm recently new to the bitcoin craze (got into it late Dec like many others). I've been selling a little on ebay with some luck (so far), and was curious if anyone else has been doing so. I haven't had a charge back yet, but I've only been selling for the past couple weeks. I know I have 45 days, from the point they paid, until they can no longer initiate a charge back, but I don't want to have to wait that long in between selling items. Just figured I'd see if anyone else on here has been buying or selling.

~ Fox
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March 05, 2014, 11:26:40 PM
Last edit: March 05, 2014, 11:37:34 PM by Bit_Happy
 #2

charge backs are up to (edit corrected to) 180 days
I read Paypal (are you accepting through PP) was still causing trouble even though the sale happened on eBay, the parent company.
So good luck...If it actually works well please let us know.

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March 05, 2014, 11:31:46 PM
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PayPal disputes are 45 days however the customer go above PayPal to the CC issuer and they have 180 days.  You will almost certainly lose everything, end up with a negative balance, a frozen paypal account, and friendly phone calls from PayPal's collection department.

Scammers may be crooks but they aren't dumb.  Once they find a mark they aren't going to chase him (you) off by opening a dispute right away.  They will let you create multiple transactions and then all the chargebacks will come in almost all at once.  You go to sleep feeling good about your business skills and wake up in the morning to find out 90%+ of the transactions are all being disputed.   Scammers don't want a single small sale they want to get you for every single coin you own before pulling the trigger on the scam.

It is a road to ruin but as long as you go in with eyes wide open.
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March 05, 2014, 11:34:10 PM
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180 wow, thank you for the correction.

PayPal disputes are 45 days however the customer go above PayPal to the CC issuer and they have 180 days.  You will almost certainly lose everything, end up with a negative balance, a frozen paypal account, and friendly phone calls from PayPal's collection department.

It is a road to ruin but as long as you go in with eyes wide open.

Do you have any idea how VirWoX (BTC/SSL) accepts Paypal for so many years, and stays in business?

OneSlyFoxx (OP)
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March 05, 2014, 11:35:06 PM
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charge backs are up to 60 days (or always used to be)
I read Paypal (are you accepting through PP) was still causing trouble even though the sale happened on eBay, the parent company.
So good luck...If it actually works well please let us know.

Well it has been working well with small BTC increments .01 and .001 . Today was the first time I tried .1  got paid $150. sent the buyer my usual message. I asked them to send me a confirmation that they got partial payment and that the wallet was correct, I never got a response so I didn't send any bitcoins... shortly after they issued a chargeback. LAME. I'm sticking with the small stuff.

I'll keep you guys posted on how it goes and if I get any other chargebacks.
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