Post
Topic
Board Hardware
Re: [Work in progess] Burnins Avalon Chip to mining board service
by
SebastianJu
on 25/07/2013, 16:32:11 UTC
I think that is more to discourage the pain in the ass they are having with all the ebay preorder sales and such. I am sure people are upset about being scammed on ebay and it is probably more of a measure to protect the customer.

I paid through paypal to burnin and paypal called me within an hour to make sure everything was legit before they sent my money. They said they had no issue with it. So I don't think people need to be worrying so much. He is selling physical items that he can show shipped to paypal if someone tries to dispute it, so I think he is fine. Also remember he is getting his funds from more than one source, so the risk is not as bad as you all seem to think.

As an alternative, google checkout/wallet might be something to add to the store. 

Im referring to this: http://www.reddit.com/r/Bitcoin/comments/1iyzkg/if_you_get_caught_selling_bitcoin_hardware_on/
There paypal demands not to sell bitcoin mining machines... of course only if its true.


Worse is that you can't access your money, and time is crucial for BTC projects.
If I can offer piece of advice to burnin; I would remove PayPal payment option, refund those who paid with it already and advise them to use BTC or bank wire transfer as payment method.

You guys don't think like a business manager and it is crazy to see how flustered everyone gets. By doing this I would imagine he would lose at least 25% of his sales volume. I know I wouldn't have been able to order my miners if this was the case. Not everyone is in the EU to do a bank wire and buying bitcoin in volume is still not easy and sometimes means a loss of 5% or more. Also anyone that wanted to buy with a credit card would not have been able to order from him. I think he is smart and has diversified his incoming funds. Adding more options would be even better, like setting up a cc merchant account. He can always withdraw the funds from paypal as they come in to reduce any risk of his funds being on hold due to an audit. Even in the small chance that did happen, it is easy to keep the account balance low and he would minimize his risk.

Im always wondering when people ask me to pay with fiat or paypal. I mean this is a "bitcoin" forum and then some dont even have a wallet? Buying bitcoins is not really a problem. One can chose from a big list of exchangers and the fees involved arent really deadly. Time isnt a big problem either when checking out the speed of the exchanges before.
Only saying... im wondering...