Historically the eBay is the biggest trading platform for the last decade. eBay has major customer base and recognition throughout the world.
Even without Bitcoin many online retailers and other Internet giants had hundreds of thousands attempts throughout the world to repeat the success of eBay on a global or at least local scale. But it is not so easy, partially it's due to already existing competition in the face of current eBay which provides better service globally the way that even most of the local trading platforms can't accomplish for their local markets.
eBay is getting popular, because it is global marketplace - which means not only global accessibility to the end users, but also wider range of used products available from peers (sellers) who participate in this global economy by providing abundance of products and high rate of competition within platform (among internal users; i.e. Internal competition)
Due to so many failures of local/global market places to repeat ebay's customer variety and satisfaction success - fair question arises:
- at this point can any platform be created with the same service and convenience eBay has, but with Bitcoins as a main currency?
Aside from phrases like "everything's possible in our digital age", let's get to numbers first:
- Such an attempt has been done already. You can read about it, it existed in the end of 2013 for almost few years - the name of the platform is BitMit - thousand of users chosen this platform, but one day management team of the website had chosen to close the project due too huge quantity of overwhelming technical problems. To me it's just seems like it was just plain lack of investment, which even shouldn't be a problem for a such startup.
Right now on June 2014 it's already all around the news the fact that eBay CEO is all the way heading towards starting to accept Bitcoin.
The PayPal giant just walks on the heads of potential startups, by not reveling the plans about Bitcoin, and once upon a day a month before it's date we will just hear that Bitcoin is added to the list of accepted methods of payment in PayPal.
Meanwhile all I can tell to Bitcoin community is the only thing, even though eBay doesn't seem like such a evil to all of us:
- You are losers, because you've lost all of your chances and wars. First time you've lost it when you believed and crypto currency too late, the second time you're getting even more useless when at 2012, you haven't cooperated your efforts to create web development team which could successfully handle such a big concept as crypto-eBay alternative.
You're losing this battle, not because the fact that eBay is starts to accept cryptocurrency is bad for Bitcoin (maybe it's not so bad), you are losing it, because you're such a useless, because you even can't create simple trading platform with Bitcoin payments at the core.
You're useless as community, just because you haven't even tried. Yes attempts like BitMit was awesome and I would use it, but that's another thing you've lost - the BitMit platform - which was closed mostly because of some childish management related issues easily fixable by two or three kick starter or other fundraiser campaigns.
You are as a community useless, because you choose to be greedy, because there's just too much of you who's here to watch. And watching is all you can do properly.
Yeah! You can shout out loud about ongoing problems, you can like important topics, and make bold statements on hot Bitcoin subreddit topics.
But you're a vegetables and you know it.
And you are, just because you haven't created any significant project yet which at least replicates existing monetary services online. You will say - well even if the service will exist, how do we gonna be able to compete with eBay later when it will start accepting Bitcoins?
First off - as a business with all users you can coexist and don't really have to compete in the same areas by adjusting market niches.
Second off - who said that you have to supersede eBay in sales immediately? You've been given 2 years! 2 freaking years!!! What did you did all those time?
Right you were here reading blogs, kept searching new videos on YouTube upon "Bitcoin" search query. But deep inside you know, that YouTube doesn't cares about how much youtube views you've generated for Bitcoin video related creators.
And most often those creators of content about Bitcoin don't even care about Bitcoin, instead they are hoping to get some views from the stupid people who's keep searching "Bitcoin" on YouTube over and over again. Stop doing that. Because Bitcoin don't resides in YouTube. You can't take over YouTube with Bitcoin or reddit - all you do, is creating fake popularity of unpopular things.
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