how can I get paid in bitcoin on ebay?

[coldwarbonnet]

I am thinking of selling down-loadable JPEG files of my own original photographs and would like to be paid in bitcoins. How is this done?

[mr.elmwood]

Can't. Acceptable forms of payment are:

PayPal

ProPay

Skrill

Credit card or debit card processed through the seller's Internet merchant account

Payment upon pickup

Bill Me Later

[pierrelebel]

"would like to be paid in bitcoins"

That speculation is dying already since it was banned by the Chinese government.

Value has already dropped over $200 in the last month.

[pierrelebel]

After trading above US$1,200 in early December, the current price is around US$900

[rose-dee]

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@coldwarbonnet wrote:

I am thinking of selling down-loadable JPEG files of my own original photographs and would like to be paid in bitcoins. How is this done?

---

The payment issues aside, before you go ahead in attempting to sell downloadable files, you should carefully read eBay's policy on digital items and understand the limited ways in which eBay permits them.  

The most important restriction is that digital items can only be listed through eBay Classified Ad format, which presents problems and limitations (including higher listing costs) of its own.  If you ignore the policy, you could find your listings taken down by eBay and/or your selling account restricted.  Digital items used to be allowed on eBay several years ago, but there were abuses and problems associated with these sorts of items that forced eBay to severely restrict their sale.  

http://pages.ebay.ca/help/sell/selling-digital-items.html

[mr.elmwood]

I do not understand a whole lot about bitcoins. what I "think" I get is they are not backed by anything. Payment is peer to peer. There is no processor involved or available. Because they do not have a physical presence, they have to be "stored" somewhere.

About 15 years ago, trading was all the rage. You would trade for credits. Credits were stored in the trading house computer. It was all very cerebral. Credits were not transportable anywhere outside of that trading area and were not backed by anything.

It all "went away".

[tobyshitzu]

paying with bitcoin here may be coming soon.  but it will be through paypal which will negate most of the advantages

http://www.bloomberg.com/news/2014-01-02/bitcoin-equipment-boom-benefiting-tsmc-amd-sales-report-say...

The value has come down from the peak, but nothing compared to the run its had

[femmefan1946]

It's a dumb question but, isn't 'skrill' something like plankton? If I'm not feeding my pet whale, I'm not sure I'd want to be paid in skrill.

But I do accept Canadian Tire Money.

[recped]

Skrill is the (not so) new name for Moneybookers....

Krill

Krill are small crustaceans of the order Euphausiacea, and are found in all the world's oceans. The name krill comes from the Norwegian word krill, meaning "young fry of fish", which is also often attributed to other species of fish.

[aqyera]

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@coldwarbonnet wrote:

I am thinking of selling down-loadable JPEG files of my own original photographs and would like to be paid in bitcoins. How is this done?

---

1) Sell on ebay in USD

2) Buy Bitcoin: http://search.yahoo.com/search?p=buy+bitcoin

[nuvistors]

The really big question is>   Why would someone want bitcoins.

They have no intrinisic value  and are only a few characters on a hard drive.

[recped]

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@nuvistors wrote:

The really big question is>   Why would someone want bitcoins.

They have no intrinisic value  and are only a few characters on a hard drive.

---

Because it's anonymous which is why all the porn, gambling and illegal download sites are now accepting Bitcoin.

Bitcoin is a tax evaders best friend and that's why the "establishment" is so concerned about it.

[michaelbb2]

You can accept any form of payment for your items that you like. Bitcoin, Canadian tire money, trade, paypal. bank transfer, credit card, bullion, whatever.  You will have to communicate the options to your buyers before payment is made....in the case of bitcoin, you will have to supply them with your wallet address.   This payment cannot be made through eBay but once you do get paid outside eBay or your bitcoin transfer shows up in your wallet you just mark the item as paid via "other" and ship your item.  The transaction will show up as "checkout incomplete" but you and your buyer know it is completed.  Then you can ship your item. You can archive the transaction later so it doesn't keep showing up in the "awaiting payment" list.

Downside - no paypal = no buyer protection program. Very easy to scam a buyer.  I think people who use the bitcoin live a bit on the edge anyways

                 - eBay does not like this and may suspend your account if done too frequently

                 - try to explain your dealings to Canada Revenue or IRS if you ever get audited

[femmefan1946]

You can accept any form of payment for your items that you like. Bitcoin, Canadian tire money, trade, paypal. bank transfer, credit card, bullion, whatever.  You will have to communicate the options to your buyers before payment is made...

Not on eBay.

Not for years.

Not since the debacle in the early noughts, when fake Western Union emails cheated thousands of sellers out of both payment and goods.

And not since thousands of buyers were cheated by crooked sellers who would not admit to having received money orders (or cash or cheques)

Sellers must have at least one electronically viewable method of payment. Untraceable methods such as money orders cannot be demanded by sellers.

Usually this means Paypal, as the best known and most trusted online electronic payment system. We (family business not this account) offer both PP and Visa/MC payments, since we also have a full service B&M business. Even with over 35 years in business, most of our eBay customers prefer PP, and some stick with it after they have transferred their business to our website.

Buyers can offer to pay by other means, but sellers do not have to accept those offers. The Canadian Tire Money is mostly a joke (even CT is phasing it out, I notice) but sellers can accept MOs, personal cheques, cash, etc. With pickups, experienced sellers counsel newbies only to accept cash.

Sellers cannot advertise that they accept anything by Paypal, a few similar services, and direct credit card payments.

[michaelbb2]

Of course NOT on eBay.  I didn't mention that the payment be attempted on eBay.  But the payment can be accepted nonetheless. 

[carsncash]

I wanna be paid in bitcoins ....paypal cost too much....hell ebay cost to much I hope bitcoin can get one over on these greedy b******

[tobyshitzu]

Ottawa got a bitcoin ATM

http://www.ottawacitizen.com/business/Bitcoin+coming+Ottawa/9386930/story.html

[reallynicestamps]

According to the CBC RadioOne News this morning, that bitcoin ATM is in a pub.

"Drunks are so cute."- Captain Malcolm Reynolds

[pierrelebel]

Are you guys ready for this?

eBay and PayPal are seriously considering accepting Bitcoins.

Take a look at this CNBC report:

http://www.cnbc.com/id/101356642?__source=yahoo|finance|headline|headline|story&par=yahoo&doc=101356...

[rose-dee]

Isn't this really just another iteration of the old idea of barter credits?  Plus ça change ...

This is the part from that article that I'm sure will worry many:

"In an interview Thursday on CNBC from Davos, Treasury Secretary Jack Lew was cautious about bitcoin, saying the government needs to make sure the digital currency doesn't become a funding haven for criminals and terrorists."

Great, provide an easy way for crooks and gangs to launder funds or pawn off stolen goods.  We think fraud is afoot on eBay now -- just imagine the potential trouble.  I hope eBay executives give this idea a good think before they jump on the bandwagon.  Coffee shops are one thing, but opening up the biggest online marketplace to such an idea would be insane (IMHO).