[Method]make $$$ using a loophole in ebay.ridiculously easy!

Theelancer

Theelancer

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I found this on the internet on a very general site

Making money using loophole in eBay..

1) Start a seller account and sell a product for X (Ex: 10000 $)
2) Buy the same product from a different account .While buying apply the 7.5% discount coupon which is available online will cost 10000-7.5% = 9250

3)Ebay charges 5%, and transfer 9500 to seller account.


So you make 250 bucks.
You can make even more by buying by credit card as ...
a) You get reward points for spending 10,000
b) You get your credit limit as cash in 7 days, which you can invest in FD for next 23 days(till your credit card billing date)


 
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This just sounds way too obvious. I highly doubt a company as big as ebay would not have thought of preventing the usage of a loophole like that.
But then again, I'm no expert on ebay - never used it for IM purposes.

Did you try this yourself, if so, did it work and are there any restrictions?
And even more important, if this actually works, why would you share this? A loophole like this will get fixed faster if there are more people abusing it.
 
Be careful with methods like these guys - this is stealing and unethical... I'm not flaming on you op just stating the facts. Thanks for sharing the method anyway we can get some different ideas by reading shares like these.
 
tixpf said:
This just sounds way too obvious. I highly doubt a company as big as ebay would not have thought of preventing the usage of a loophole like that.
But then again, I'm no expert on ebay - never used it for IM purposes.

Did you try this yourself, if so, did it work and are there any restrictions?
And even more important, if this actually works, why would you share this? A loophole like this will get fixed faster if there are more people abusing it.
Click to expand...


No I havent used it myself.I found it somewhere on the internet.Im hoping someone would try this and post his feedback on this threaWe all know such stuff _will_ be blocked if noticed but until then a loophole is a loophle,Exploit it while it still exists.
 
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BlingFiles said:
Be careful with methods like these guys - this is stealing and unethical... I'm not flaming on you op just stating the facts. Thanks for sharing the method anyway we can get some different ideas by reading shares like these.
Click to expand...

I get the stealing part, even though technically it's not 'stealing', but the 'unethical' part? Seriously? We're talking about a multi billion dollar company here.. Do you think they got this big by being the nicest fellas in the game?
 
Guys, stay away from this method. You could lose a lot a money and perhaps a lawsuit from ebay.
 
Theelancer said:


No I havent used it myself.I found it somewhere on the internet.Im hoping someone would try this and post his feedback on this threaWe all know such stuff _will_ be blocked if noticed but until then a loophole is a loophle,Exploit it while it still exists.
Click to expand...

So.... you're posting this here so other people can test it for you and then spoonfeed you the results?
 
it's public now... so if it works, it won't in a month or two...

and if eBay finds out you should expect a juicy lawsuit...
 
Wish we had the rep system back coz I'd give the OP what was my former +24 rep.
THIS is what BHW was when it was BHW.
 
Ok first you say start a new seller account... do you actually think ebay wont notice setting up a $10,000 auction? and ebay fees are only 5% are you kidding? Anyways this would only apply for the hardcore scammers
 
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LOOOOOOOOL, so basically guys, what he's saying is. I found this method online. I don't know if it works. It sounds great, and I'm ganna show everybody in hopes of having some idiot trying it and getting his ebay banned and if not and it does work I'm good to go.
My advice: GET LOST THEELANCER. BHW members are NOT your guinea pigs.
BA,

Theelancer said:


No I havent used it myself.I found it somewhere on the internet.Im hoping someone would try this and post his feedback on this threaWe all know such stuff _will_ be blocked if noticed but until then a loophole is a loophle,Exploit it while it still exists.
Click to expand...
 
Even if it worked, there is so many things that can go wrong
that the chances of actually making a profit are pretty much 0
while there is a huge chance of losing money
 
TwistedSEO said:
So.... you're posting this here so other people can test it for you and then spoonfeed you the results?
Click to expand...
Yeah so what if he is? Don't try it if you don't want to he is not forcing anyone to anything. This is BLACKhatworld correct? Some one might want to try this or spin this.
OP thanks for the post
 
after rereading this I cant believe how ungrateful people can be. This is a fourm where you can find out how to cheat charity's or bend the rules to where it is unethical, but people flame someone for posting a method that may or may not work and you guys complain about its stealing from Ebay. Are you kidding.
If you dont think it will work just plainly state why. Why discourage future members from posting methods because of flaming. Someone may end up having a good idea one day but be scared to post because he is new and does not want to get flammed.
 
Theelancer said:
I found this on the internet on a very general site

Making money using loophole in eBay..

1) Start a seller account and sell a product for X (Ex: 10000 $)
2) Buy the same product from a different account .While buying apply the 7.5% discount coupon which is available online will cost 10000-7.5% = 9250

3)Ebay charges 5%, and transfer 9500 to seller account.


So you make 250 bucks.
You can make even more by buying by credit card as ...
a) You get reward points for spending 10,000
b) You get your credit limit as cash in 7 days, which you can invest in FD for next 23 days(till your credit card billing date)
Click to expand...

Wont work because you need an ebay account with good feedback.
 
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