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Offline bytemaster

Lets get ebay not Open Bazaar...
« on: October 13, 2014, 09:08:49 PM »

Users of ebay can settle in any payment form they desire.... marketing to ebay users / merchants is likely to gain us far more users than Open Bazaar. 
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Offline speedy

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Re: Lets get ebay not Open Bazaar...
« Reply #1 on: October 13, 2014, 09:15:50 PM »
Wow thinking big.

I havent used eBay in years, but if they let users settle in any currency, how do they take their cut ?

Offline tonyk

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Re: Lets get ebay not Open Bazaar...
« Reply #2 on: October 13, 2014, 09:23:27 PM »

WOW!!!!

 ebay from the get go?

I like thinking BIG, but even I should ask - Can we pull it?
Lack of arbitrage is the problem, isn't it. And this 'should' solves it.

Offline Method-X

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Re: Lets get ebay not Open Bazaar...
« Reply #3 on: October 13, 2014, 09:28:16 PM »
If only gaining network effect was as easy as targeting the largest group of users.

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Re: Lets get ebay not Open Bazaar...
« Reply #4 on: October 13, 2014, 09:33:31 PM »
i disagree - we should identify smaller groups who are in need of a solution.

- Open Bazaar is ok

better would be to market to people who are in fear of loosing there value or get confiscated
- gold bugs etc.

i just go with the advice to start a startup to dominate a small niche market and then conquer the world. PayPal did the same with ebay. If we can copy their strategy with bots betting on kind of charity auctions we could do it.

Alibaba is also a possibility with our huge chinese community.

Offline tonyk

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Re: Lets get ebay not Open Bazaar...
« Reply #5 on: October 13, 2014, 09:39:47 PM »

@all preferring the conservative approach!

Every 20 years or so the marketing makes a 180 degree turn... don't you think BTSX is the right thing/technology that deserves the next change in marketing strategy?
Lack of arbitrage is the problem, isn't it. And this 'should' solves it.

Offline Method-X

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Re: Lets get ebay not Open Bazaar...
« Reply #6 on: October 13, 2014, 09:47:06 PM »

@all preferring the conservative approach!

Every 20 years or so the marketing makes a 180 degree turn... don't you think BTSX is the right thing/technology that deserves the next change in marketing strategy?

Targeting people who don't want or care about our product isn't brilliant marketing.

Offline tonyk

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Re: Lets get ebay not Open Bazaar...
« Reply #7 on: October 13, 2014, 09:51:04 PM »

@all preferring the conservative approach!

Every 20 years or so the marketing makes a 180 degree turn... don't you think BTSX is the right thing/technology that deserves the next change in marketing strategy?

Targeting people who don't want or care about our product isn't brilliant marketing.

I still do not get basic premise - 'who does not care about money?'
 and even if they do not, for what purpose they use ebay instead of the overpriced store in their location?

Lack of arbitrage is the problem, isn't it. And this 'should' solves it.

Offline Method-X

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Re: Lets get ebay not Open Bazaar...
« Reply #8 on: October 13, 2014, 09:57:38 PM »
I still do not get basic premise - 'who does not care about money?'

The question isn't "who does not care about money?", it's "who would use BitUSD over fiatUSD and why?"

Offline Rune

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Re: Lets get ebay not Open Bazaar...
« Reply #9 on: October 13, 2014, 09:59:34 PM »
For eBay the competition is pretty much endless and people don't care about fees once they go below a few %. There's no reason to choose bitUSD unless it is the system you are already using. Soon we will have to compete with Facebook payments too.

For OB the competition is nubits, and nothing else.

Going after eBay would be a terrible mistake.

Offline carpet ride

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Lets get ebay not Open Bazaar...
« Reply #10 on: October 13, 2014, 10:06:09 PM »
I still do not get basic premise - 'who does not care about money?'

The question isn't "who does not care about money?", it's "who would use BitUSD over fiatUSD and why?"

BitUSD is cheaper to receive


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Offline tonyk

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Re: Lets get ebay not Open Bazaar...
« Reply #11 on: October 13, 2014, 10:07:38 PM »
I still do not get basic premise - 'who does not care about money?'

The question isn't "who does not care about money?", it's "who would use BitUSD over fiatUSD and why?"

For me it is the same question with the same answer - everybody who cares about money. About 93% of the earths population.
And if you think that Ebay is the magnet for those 7% not interested in money/savings/yields/convenience/speed, I must disagree.


And  IMHO no ebay user have to even know what bitUSD is. Even more than that, non of them should even know it has anything to do with cryptocurrencies.
« Last Edit: October 13, 2014, 10:13:55 PM by tonyk »
Lack of arbitrage is the problem, isn't it. And this 'should' solves it.

Offline carpet ride

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Lets get ebay not Open Bazaar...
« Reply #12 on: October 13, 2014, 10:10:18 PM »
Merchants despise paypal because it's slow and expensive, but they use it because it's easy and cheap for consumers

BitUSD makes it as cheap and easy for both parties less the chargeback features for consumers

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« Last Edit: October 13, 2014, 10:12:22 PM by Gonzo »
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Offline Xeldal

Re: Lets get ebay not Open Bazaar...
« Reply #13 on: October 13, 2014, 10:15:37 PM »
Lets get ebay AND Open Bazzar.

No reason to say one and not the other. 

ebay would certainly be a grand slam, but why pass up an easy chance to get a runner on base.

OB is already predisposed to crypto and a perfect oportunity to 'slip one in there'.  Have a base of people who actually use bitUSD.  OB can do everything that ebay does and more.  They are building the next ebay.  bitUSD should be there from the beginning.  OB is the reason ebay will take bitUSD.

I am not opposed to getting either or both, but I don't believe ebay is going to happen straight off.  Missing the boat on OB is a big mistake imo.

Offline Empirical1.1

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Re: Lets get ebay not Open Bazaar...
« Reply #14 on: October 13, 2014, 11:03:19 PM »
I still do not get basic premise - 'who does not care about money?'

The question isn't "who does not care about money?", it's "who would use BitUSD over fiatUSD and why?"

BitUSD is cheaper to receive


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Yeah I would imagine it's much cheaper than fiatUSD and judging from Overstock statements, even 1/2% makes a big difference to a retailers profit margins. BitUSD also has a few other advantages as well.

Personally I would choose EBay for the main marketing 'announcement' especially if it's co-inciding with a debit card of sorts. (Even better if you can already get 1/2 reasonably recognisable/sized merchants that would accept BitUSD from the start.)

That's a strong play that says BTSX is here to be a global mainstream contender. That would get a lot of coverage in Alt-Coin world plus some fringe media imo and be positively received.

The reality as some have suggested is that in practice mainstream adoption may be slow. So I wouldn't waste too much money beyond that trying to force it. You can also still do OB as a secondary and low cost play & it would still be popular and useful in Alt-Coin world.

But I think it's better if the main announcement and the branding play that defines BTSX to the mainstream at the start is something like 'debit card + EBay.'


 

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