@valleyrc1
That's a bit of a logical fallacy as it assumes this is a closed circuit. If something goes wrong there, people only come here.
But my experience of people is that most will simply take the easiest way out. If they don't like what is happening here they will simply go elsewhere and that many can do without too many headaches.
There may be some very specific, rare items that don't have a secondary site, but for most general items, options exist.
& we aren't all saying that BPF is the sole cause of issues. Personally I believe the biggest cause to date was the app update where they blocked users from using the app. Some of the phones being mentioned were extremely popular and I reckon what we're seeing on the help threads is the tip of the iceberg.
Also delayed payments will be causing issues. Hobbyists sell so they can buy, unless they are millionaires or above. So if you cut down their spending abilities which delayed payments will definitely do, then you cut down purchases.
But even that isn't as simple as BIN. If I don't have free money to spend I don't bid on auctions I'm interested in. Before I would. Win or lose my bid still raises the price. Add others into that mix and prices go higher still.
Remove the bids and the auctions crash out lower than they normally would. & then if that continues the problem is bigger as auctions basically define market worth for readily available secondhand items. Once the buyers click on to the fact that the items they want are bottoming out in auction why are they going to pay BIN prices that are higher?
Sone will, sure, but most won't.
So now 2 markets are in a potential death spiral and the only way private sellers of readily available BIN products can completely avoid that is by listing elsewhere.
None of the above helps eBay, quite the opposite in fact.
The CEO is even on record saying they think Buyer Sellers are their most important userbase and what they've done hits them hard. Unless they are rich enough for the selling side to simply be a non factor.
