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I am surprised that in his research, the author didn't come across any warnings not to sell Bitcoin on Ebay. This is pretty common knowledge these days. I was

I am surprised that in his research, the author didn't come across any warnings not to sell Bitcoin on Ebay. This is pretty common knowledge these days. I was also under the impression that PayPal does not allow selling Bitcoin or Bitcoin hardware. This transaction should have been stopped automatically, and it's a shame Ebay doesn't have automatic tools to stop blatant abuse of their own policies.

jfoster 13y ago
Ebay does have some filters that stop blatant abuse of their policies: https://ebay.custhelp.com/app/answers/detail/a_id/69 https://ebay.custhelp.com/app/answers/detail/a_id/69 It does appear that they haven't yet implemented a filter to prevent/warn sellers from selling Bitcoin, though.
dysruption 13y ago
Honestly, all I saw was the quick buck. Total ignorance on my part. You're right, I should have researched it better.
- tadfisher 13y ago
  If it looks too good to be true, it probably is :)
  - bingeboy 13y ago
    At $300 yes, but what about $130? BTC isn't the easiest thing to dive into as a NOOB.
    - tadfisher 13y ago
      If you are new to Bitcoin, you should probably review the ToS of any service that allows you to purchase legal currencies with it.
nwh 13y ago
Yeah I'm about to test that latter rule. Dispute against me seeing bitcoin hardware that was "never received".
jellicle 13y ago
Ebay could easily put their own auctions up for bitcoins at 200% of current market value, then simply cancel the accounts of anyone who bid on it. They'd hit 100% fraudsters.