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Author Topic: EBAY might accept BITCOIN  (Read 773 times)
ALLON2017 (OP)
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March 02, 2022, 12:47:21 AM
 #1

Hey guys theres a news article stating that ebay might be accepting Bitcoin and other cryptos, if this happens then I believe itll be a game changer for the crypto world. Not sure how credible the article is , has anyone else heard anything similar. Also there was mention of an announcement on march 10 to confirm this. If positive,  We could see a new high even in these times uncertainty .

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March 02, 2022, 01:28:52 AM
 #2

Hey guys theres a news article stating that ebay might be accepting Bitcoin and other cryptos, if this happens then I believe itll be a game changer for the crypto world. Not sure how credible the article is , has anyone else heard anything similar. Also there was mention of an announcement on march 10 to confirm this. If positive,  We could see a new high even in these times uncertainty .

If I remember correctly, they are doing this kind of consideration for accepting crypto payment simce 2014 (https://www.cnbc.com/2014/01/23/ebay-considering-accepting-bitcoin-as-payment.html) but never materialize due to the fact that crypto has no refund feature and also its to volatile to use for an e-merchant company since the payment will be released to the seller after the buyer received the item. There’s a chance that the original value will decrease by the time the seller received it. They will use direct fiat converter 3rd party software if ever they will implement this.

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March 02, 2022, 02:00:19 AM
 #3

Hey guys theres a news article stating that ebay might be accepting Bitcoin and other cryptos, if this happens then I believe itll be a game changer for the crypto world. Not sure how credible the article is , has anyone else heard anything similar. Also there was mention of an announcement on march 10 to confirm this. If positive,  We could see a new high even in these times uncertainty .
Should have posted the link where you read about this. But I have been hearing Ebay will be accepting bitcoin for years, but never saw them make a move or do anything about it. Or it is just one of the "may accept" article. We have been reading this kind of articles a lot. Probably a click bait or articles that are trying to spread FOMO (if its from one of those shitty websites) like those bitgirt articles we are seeing everywhere made by analyticsinsight.

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March 02, 2022, 02:36:38 AM
 #4

It's already multiple times I heard Ebay want to accept Bitcoin, but the fact there's no real move to realizing that. Last year they did allow NFT trade [1] on their platform without create any rumor or hype, they didn't made any official announcement. I feel they're not brave to take a risk of accepting Bitcoin as alternative, maybe they want to let another big marketplace accept it first e.g. amazon.


[1] https://cointelegraph.com/news/online-marketplace-ebay-now-allows-nft-sales
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March 02, 2022, 02:59:07 AM
 #5

Last year they did allow NFT trade [1] on their platform without create any rumor or hype, they didn't made any official announcement.

Understandable in this case. All those big platforms that announced integrations with NFTs or cryptocurrencies in general has been shat on by the public on social media. A perfect example would be Discord a few months ago LOL. https://techcrunch.com/2021/11/10/discord-nfts-crypto-jason-citron/

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March 02, 2022, 03:00:34 AM
 #6

Might accept does not mean eBay will accept bitcoin because they need to discuss what benefits they will get from bitcoin and if that can benefit their customers, they will surely accept bitcoin.
I do not expect eBay to accept bitcoin soon but if that really happens to eBay, it will be good news for their customers but I do not use eBay to shop a product.
We can wait for a while as you said they would announce on March 10, to confirm this.

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March 02, 2022, 03:09:40 AM
 #7

This has been into discussion for long years. In between eBay didn't take any measures to accept bitcoin into the business. Some traders of eBay were accepting bitcoin as payments. Now eBay adding direct payment features with bitcoin will be more interesting. Since 2014 there used to be talks and announcements, but this time everything is happening in the fast phase and a timeline is being mentioned. This assured something good is gonna happen relative with bitcoin and other cryptocurrencies.

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March 02, 2022, 05:40:28 AM
 #8

I aslo heard about it on twitter post that ebay might be planning to implement crypto payment options from 10th of March probably but still we need to have proper evidence or say official announcement by the team to prove this is true.If they accept it it would be good and one more big company would be added to the btc adoption list.They can definitely have an impact on prices as they have around 170 million monthly users over this e-commerce site engage in buying and selling goods with million dollar of revenue generated each quarter.So it will be good if they add btc option to list.

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March 02, 2022, 05:53:37 AM
 #9

1.Can you post a link to the source.I'm pretty sure that this is some clickbait fake news article.
2.Isn't eBay losing the battle against Amazon?Who the hell uses eBay nowadays?I've had an eBay account 7 years ago,my experience with this platform was overall bad and my account got permanently banned for no reason(the only reason was making a listing for an expensive product,if I remember this correctly).
Perhaps eBay accepting cryptocurrency payments is a desperate move for them to try to gain more customers.Anyway,I still think that this is fake news.

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March 02, 2022, 01:33:29 PM
 #10



Actually, eBay should have been in cryptocurrency a long time ago and I don't know what took them so long. In fact, they should be accepting Bitcoin and maybe even other coins as well before Amazon will finally decide to open its door for cryptocurrency. Maybe they don't realize of the possible goodwill that joining the cryptocurrency movement can be doing for eBay...this is an opportunity they should not let go. Anyway, let's hope that they can do it as soon as possible so that it can also encourage many other eCommerce platforms to do the same.

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March 02, 2022, 09:45:29 PM
 #11

I heard about that Ebay news few days ago but for now it's only a rumor or maybe they are testing ground to see how people would react to this.
Even if they start to accept Bitcoin directly this would be with some centralized wallet that would charge super high fees and they could ban your account if they detect some suspicious transaction.
My speculation is they will also try to push their own shitcoin in this package since they already allowed trading for NFTs.

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March 02, 2022, 09:53:19 PM
 #12

Actually, eBay should have been in cryptocurrency a long time ago and I don't know what took them so long. In fact, they should be accepting Bitcoin and maybe even other coins as well before Amazon will finally decide to open its door for cryptocurrency. Maybe they don't realize of the possible goodwill that joining the cryptocurrency movement can be doing for eBay...this is an opportunity they should not let go. Anyway, let's hope that they can do it as soon as possible so that it can also encourage many other eCommerce platforms to do the same.

i believe what stopping them are various factors such as the volatility factor, which it should not be a big deal if they will convert the crypto right away to usd, the refund feature which has been mentioned already (hard if the payment is in crypto -there will be conversions needed), and other things that a regular user are not familiar of.
but this idea i believe will push thru sooner or later, as other merchants are already using crypto in their payment system. high likely that they are already testing this payment method in their system.

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March 02, 2022, 09:55:57 PM
 #13

I thought I had read that this wasn't a "might" situation and that they would begin rolling out Bitcoin support on the 10th of this month.  Was that just something I made up in my head?  It seems like there was a lot of publicity and news coverage if it was only a might accept Bitcoin scenario.  Considering PayPal already took this route of implementing some Bitcoin services, it doesn't seem like a stretch that eBay would follow suit.  The question is how their implementation will be on their payment network and if sellers will still be liable for potential chargebacks.  I sort of don't think eBay will implement this correctly because, well, eBay has struggled with payments and scams since the beginning.  It will be a tightrope walk to see if they make that problem better or worse with Bitcoin.

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March 02, 2022, 10:37:58 PM
 #14

Hey guys theres a news article stating that ebay might be accepting Bitcoin and other cryptos, if this happens then I believe itll be a game changer for the crypto world. Not sure how credible the article is , has anyone else heard anything similar. Also there was mention of an announcement on march 10 to confirm this. If positive,  We could see a new high even in these times uncertainty .


As long there would be no confirmations from Ebay itself then it would just still remain as a rumor.
Just like on Amazon
https://www.reuters.com/business/retail-consumer/amazon-denies-report-accepting-bitcoin-payment-2021-07-26/

It was been on the talk that they had been accepting bitcoin but it was denied.I dont know on what would be the situation
here on Ebay.

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March 02, 2022, 11:43:16 PM
 #15

This will never happen due to a lot of refund requests that they are receiving per day. I worked for ebay for quite some time and lots of refunds were always on queue. It would be hard for them to refund cryptocurrencies since they are already having problems refunding with their own localized paynent system. It would be cool if that certain rumor materialized, but these giant retail companies realized along the way that it wouldn't really work.
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March 03, 2022, 03:08:08 AM
 #16

Hey guys theres a news article stating that ebay might be accepting Bitcoin and other cryptos, if this happens then I believe itll be a game changer for the crypto world. Not sure how credible the article is , has anyone else heard anything similar. Also there was mention of an announcement on march 10 to confirm this. If positive,  We could see a new high even in these times uncertainty .
I don't think it would become a game-changer even if it did happen? Maybe on Ebays side, sure, but on Bitcoin? I don't think Ebay is still THAT big for it to have that much of an influence.  They're pretty much on a downhill and they're only probably using the possibility of them accepting crypto as a form of exposure. I mean eh, yeah sure it's good for adoption, but that's it, I still don't think it'd change much in the market. The biggest impact imo would always be the first ones, while subsequent ones wouldn't really give that much impact anymore.

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March 03, 2022, 03:57:09 AM
 #17

Hey guys theres a news article stating that ebay might be accepting Bitcoin and other cryptos, if this happens then I believe itll be a game changer for the crypto world. Not sure how credible the article is , has anyone else heard anything similar. Also there was mention of an announcement on march 10 to confirm this. If positive,  We could see a new high even in these times uncertainty .



I have also heard this news spreading across social media platforms that ebay will accept bitcoin. If this news is true, then it will be a massive step for ebay and it will help bitcoin to become more adopted.
March 10 is just around the corner. We will see the truth in this news on that date. Also if ebay did not accept bitcoin now, it will have to accept it one day. There is no doubt about it.

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March 03, 2022, 08:05:05 AM
 #18

It's the sixth or seventh time I've heard of this kind of news but I don't think accepting bitcoins will be an event that affects the price (unless they have bought a few thousand of Bitcoins)

PayPal accepted Bitcoin and there was no effect, so how to accept the bitcoin and the possibility of depositing and withdrawing will determine the extent of the impact of the news, although it will not change the price significantly (increase up to 10% to 20%)

In general, do not take this news seriously or as an indicator of investment.
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March 03, 2022, 08:18:52 AM
 #19

that's interesting, online shopping centers are already accustomed to digital transactions in terms of finances, if this happens it might be enough to make a lot of changes. Since 1995 was launched, now is the time for digital, especially bitcoin is digital finance which is quite capable, but if I I have btc maybe I will shop when the price of btc is expensive, of course there will be a difference in the exchange rate when we held it before, something could happen either on ebay, amazon, alibaba etc. even though it's not a means of payment (btc/crypto currency) indeed I support every progress and revolution, whether it has occurred or is still in the evaluation stage, I'm sure bitcoin is just getting used to us using it

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March 03, 2022, 08:35:57 AM
 #20

Hey guys theres a news article stating that ebay might be accepting Bitcoin and other cryptos, if this happens then I believe itll be a game changer for the crypto world. Not sure how credible the article is , has anyone else heard anything similar. Also there was mention of an announcement on march 10 to confirm this. If positive,  We could see a new high even in these times uncertainty .


Well sounds like how Paypal used to deny crypto in the past but after years? then Yes they accepted and adopted Bitcoin into their system .
I believe that with this News ? sooner they will be accepting bitcoin then.
Hopefully this will happen very soon because I love seeing and using my crypto in EBAY as My Wife is a regular in using EBAY .

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