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Author Topic: Why a Chinese eBay Power Seller Quit Paypal and Start accepting Bitcoin  (Read 2623 times)
regedit (OP)
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July 31, 2014, 12:21:29 AM
 #1

trending on reddit: http://redd.it/2c5egc
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July 31, 2014, 04:59:57 AM
 #2

The only positive about paypal is it has big userbase. Once bitcoin gain more users comparable to paypal no one would use paypal anymore.

Paypal can freeze your account without reason anytime. It will refund back to the buyers without letting you know. Paypal customer support cannot help you at all. Paypal has big fees. I stop using paypal long time ago.

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July 31, 2014, 05:11:29 AM
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I concur that, PP charge hefty fee, no customer  services and bail on you any time. All of this in the name of "consumer protection".
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July 31, 2014, 05:27:24 AM
 #4

yeah paypal sucks all hail the mighty BITCOIN
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July 31, 2014, 07:48:37 AM
 #5

for nothing, just love bitcoin.

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July 31, 2014, 07:59:25 AM
 #6

When your business eventually grows in ebay there are high risks involved turned nightmares

There wont be any nightmares with bitcoins
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July 31, 2014, 08:04:26 AM
 #7

I wouldn't trust a Chinese eBay Seller too lol but it's good for them.  Wink

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July 31, 2014, 08:28:15 AM
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As we know using PayPal costs a lot as a merchant. It intends to protect the buyers and is not fair to the merchants. Sellers don't like using PayPal. If  better alternative come out, they definitely will adopt it.
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July 31, 2014, 08:32:39 AM
 #9

As we know using PayPal costs a lot as a merchant. It intends to protect the buyers and is not fair to the merchants. Sellers don't like using PayPal. If  better alternative come out, they definitely will adopt it.

Yes. Fee on Paypal and eBay are ridiculously high. Doubt they can get away with this for long.

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July 31, 2014, 08:47:32 AM
 #10

As we know using PayPal costs a lot as a merchant. It intends to protect the buyers and is not fair to the merchants. Sellers don't like using PayPal. If  better alternative come out, they definitely will adopt it.

Yes. Fee on Paypal and eBay are ridiculously high. Doubt they can get away with this for long.

They have been getting away with it for years - and the shitty thing is, they've probably got another couple of years to fleece us Sad
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July 31, 2014, 01:44:57 PM
 #11

The fee's for that PayPal charge can become really quite ridiculous. If anyone was to change from PayPal and move over to accepting bitcoin I would not blame them at all. It's a shame that bitcoin is not more popular giving more people an option of what to accept. I myself stopped using PayPal a while back to a certain extent due to the charges and the awful customer service.
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July 31, 2014, 02:14:28 PM
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I wouldn't trust a Chinese eBay Seller too lol but it's good for them.  Wink

I have purchased from Chinese eBay sellers many times, and it has always been a good deal.
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July 31, 2014, 02:21:40 PM
 #13

I wouldn't trust a Chinese eBay Seller too lol but it's good for them.  Wink

I have purchased from Chinese eBay sellers many times, and it has always been a good deal.


Well, i had some bad experiences on Ebay specially from chinese dealers so good luck that was my opinion.

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regedit (OP)
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July 31, 2014, 02:26:14 PM
 #14

I wouldn't trust a Chinese eBay Seller too lol but it's good for them.  Wink

Hi Chanz, we understand your concern this maybe due to a bad experience with your past transaction from China. Our prices starts at 50 cents you can give it a try. Our team would be happy to answer if you have problem with deliveries, products or other complaints via livechat or hotline. Thank you! Smiley
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July 31, 2014, 02:32:58 PM
 #15

The Paypal/Ebay combo is a match made in hell for both buyers and sellers.  Hidden Fees and chargebacks, and fucked up terms of service.

Sold an Asicminer Block Erupter Blade last year when they were the shit, and they charged for a reserve price, buy it now price, and 10% cut off the sales pretty much obliterating my profit margin.

Fuck both of them in the asshole.  Hope Bitcoin makes Paypal it's bitch within a couple of years.

CharityAuction
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July 31, 2014, 02:38:53 PM
 #16

I wouldn't trust a Chinese eBay Seller Smiley)

FTFY. I've no issue with the Chinese. Or any other "race". I am of the opinion that all races are equally worthless. I've seen more scams than not on ebay, and as often as not the scammer was ebay itself.
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July 31, 2014, 02:39:48 PM
 #17

The Paypal/Ebay combo is a match made in hell for both buyers and sellers.  Hidden Fees and chargebacks, and fucked up terms of service.

Sold an Asicminer Block Erupter Blade last year when they were the shit, and they charged for a reserve price, buy it now price, and 10% cut off the sales pretty much obliterating my profit margin.

Fuck both of them in the asshole.  Hope Bitcoin makes Paypal it's bitch within a couple of years.

Oh, it will. Trust me.

Humble Weekly Bundle.Pay What You Want. Redeem on Steam. Support charity. Pay with BTCitcoin now!--> Paypal Sad
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July 31, 2014, 02:47:46 PM
 #18

You don't need to trust any seller on ebay, ebay has buyer protection. (actually, this really sucks if your are a seller). You as the buyer can open up a case for ANY reason, even if you don't like the color, if it didn't look like the picture, you changed your mind, it rained that day. There is no risk on buying on either ebay or Amazon, simply because you can open up a case and get your dollars back if anything goes wrong. Also, you can give the seller a bad feedback which they do not really want.

For bitcoin I think feedback would be left on a forum like this one. I hope more sites pop up to buy and sell with BTC.

BTC: 1JDjCGtxtxoZ46XgTqUoXBDxNFKwcsEmik
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July 31, 2014, 02:50:34 PM
 #19

I wouldn't trust a Chinese eBay Seller too lol but it's good for them.  Wink

I have purchased from Chinese eBay sellers many times, and it has always been a good deal.


Well, i had some bad experiences on Ebay specially from chinese dealers so good luck that was my opinion.

Really depend on what you buy. If it is a foreign brand, then avoid Chinese sellers.

If it is a no brand or generic item, don't think anyone can beat their price.
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July 31, 2014, 02:56:48 PM
 #20

I wouldn't trust a Chinese eBay Seller Smiley)

I am of the opinion that all races are equally worthless.

yup lol

Humble Weekly Bundle.Pay What You Want. Redeem on Steam. Support charity. Pay with BTCitcoin now!--> Paypal Sad
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