3 ms·

This presents an interesting dilemma - if you're shipping a physical USB drive - the drive + shipping is going to run you a minimum of ~$15 - that means IMO you

This presents an interesting dilemma - if you're shipping a physical USB drive - the drive + shipping is going to run you a minimum of ~$15 - that means IMO you'd probably want to sell at least 1.5-2 LTC per transaction, but losing a potential dispute would hurt much more, and eBay/Paypal are notoriously wishywashy about these types of things. I doubt when it comes down to it, citing "eBay rep 3: John" is really going to help. When I started selling BTC/LTC on eBay a few months ago when BTC was ~$150 and LTC was ~$3 - I only dealt in small chunks - 0.01-0.05BTC and 1LTC because there were so many frequent scammers that if I lost one or two disputes here and there it didn't really affect me. This does cover the case of the spammer though - most of these guys steal eBay/Paypal accounts and just charge with the credit cards, because they know once you send over the BTC/LTC, the actual person is going to see the weird transaction, dispute it, then win. Now, if you're sending to the actual address it's much harder to dispute.

iancarroll 13y ago
It would help to keep the private key, that way any chargeback-ers that don't withdraw money from the wallet can be easily fixed
leokun 13y ago
Did you lose any disputes with scammers?
- changdizzle 13y ago
  Yeah, I had one painful experience losing 0.5 btc and I learned my lesson and moved to selling max 0.05 BTC per listing.
- pizza234 13y ago
  For this reason (I assume you're talking about lack of protection of the seller), I stopped accepting paypal payment. I don't know how much I'm losing because of potential customers who expect paypal as payment form, but I'd rather be safe than sorry.
ye 13y ago
> the drive + shipping is going to run you a minimum of ~$15 USB drives can be bought on Ebay for as low as $3.99. http://www.ebay.com/itm/New-and-nice-1GB-1G-1-GB-USB-2-0-Crystal-Rotatable-Flash-Memory-Drive-Red-HK-/360622756474?pt=US_USB_Flash_Drives&hash=item53f6ca927a http://www.ebay.com/itm/New-and-nice-1GB-1G-1-GB-USB-2-0-Cry... I'm sure you can message them and ask for a better 50-pack deal.
- changdizzle 13y ago
  True, but you could also argue you need to factor in the cost of your time to get all this done and shipped :)
  - Anderkent 13y ago
    Sell an empty usb stick and 'free 50k LTC to an address of your choosing!' :)

iancarroll 13y ago

It would help to keep the private key, that way any chargeback-ers that don't withdraw money from the wallet can be easily fixed

leokun 13y ago

Did you lose any disputes with scammers?

changdizzle 13y ago
Yeah, I had one painful experience losing 0.5 btc and I learned my lesson and moved to selling max 0.05 BTC per listing.
pizza234 13y ago
For this reason (I assume you're talking about lack of protection of the seller), I stopped accepting paypal payment. I don't know how much I'm losing because of potential customers who expect paypal as payment form, but I'd rather be safe than sorry.

ye 13y ago

> the drive + shipping is going to run you a minimum of ~$15 USB drives can be bought on Ebay for as low as $3.99. http://www.ebay.com/itm/New-and-nice-1GB-1G-1-GB-USB-2-0-Crystal-Rotatable-Flash-Memory-Drive-Red-HK-/360622756474?pt=US_USB_Flash_Drives&hash=item53f6ca927a http://www.ebay.com/itm/New-and-nice-1GB-1G-1-GB-USB-2-0-Cry... I'm sure you can message them and ask for a better 50-pack deal.

changdizzle 13y ago
True, but you could also argue you need to factor in the cost of your time to get all this done and shipped :)
- Anderkent 13y ago
  Sell an empty usb stick and 'free 50k LTC to an address of your choosing!' :)