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Topic: BREAKING: PAYPAL PARTNERS WITH BITPAY ET AL - page 2. (Read 5240 times)

hero member
Activity: 1372
Merit: 783
better everyday ♥
September 24, 2014, 07:57:18 AM
#83
In future news: Bitpay buys PayPal.
Before 2025. Honestly though, I've seen a lot of Bitcoin companies come and go. I doubt BitPay will even be around in 11 years. But I don't doubt another bitcoin related company will buy out Paypal before 2025.

If Paypal adopts BTC and become a payment processor, it will become a much bigger company. It might buy Bitpay, instead of other way around.
If Bitpay gets sold to Paypal we will be nearing the end of Bitcoin days.

What makes you think Gallippi would sell to Paypal?  They just entered into an agreement recently, and he's been instrumental in the growth of Bitcoin.  I don't think his soul could be sold that quick, considering all that he's put into it.
legendary
Activity: 2674
Merit: 2965
Terminated.
September 24, 2014, 07:49:10 AM
#82
In future news: Bitpay buys PayPal.
Before 2025. Honestly though, I've seen a lot of Bitcoin companies come and go. I doubt BitPay will even be around in 11 years. But I don't doubt another bitcoin related company will buy out Paypal before 2025.

If Paypal adopts BTC and become a payment processor, it will become a much bigger company. It might buy Bitpay, instead of other way around.
If Bitpay gets sold to Paypal we will be nearing the end of Bitcoin days.
legendary
Activity: 1722
Merit: 1014
September 24, 2014, 07:08:55 AM
#81
That's a Really Great News.

sr. member
Activity: 462
Merit: 250
September 24, 2014, 07:01:22 AM
#80
In future news: Bitpay buys PayPal.
Before 2025. Honestly though, I've seen a lot of Bitcoin companies come and go. I doubt BitPay will even be around in 11 years. But I don't doubt another bitcoin related company will buy out Paypal before 2025.

If Paypal adopts BTC and become a payment processor, it will become a much bigger company. It might buy Bitpay, instead of other way around.
member
Activity: 84
Merit: 10
★Bitin.io★ - Instant Exchange
September 24, 2014, 06:56:00 AM
#79
Really good news for BTC. But what I concerned is that whether it will push buying activities more than selling in the long run. Or it is just for the speculators to buy in the rumors and sell on the news.

yes good news usually push price down
sr. member
Activity: 462
Merit: 250
September 24, 2014, 05:43:31 AM
#78
"To be clear, today’s news does not mean that PayPal has added Bitcoin as a currency in our digital wallet or that Bitcoin payments will be processed on our secure payments platform. PayPal has always embraced innovation, but always in ways that make payments safer and more reliable for our customers. Our approach to Bitcoin is no different. That’s why we’re proceeding gradually, supporting Bitcoin in some ways today and holding off on other ways until we see how things develop."

https://www.paypal-community.com/t5/PayPal-Forward/PayPal-and-Virtual-Currency/ba-p/828230

I think this means they are going to add it with customer wallets soon

It is just the first step. If it is successful, they will integrate more service.
legendary
Activity: 1022
Merit: 1001
I'd fight Gandhi.
September 24, 2014, 05:39:27 AM
#77
In future news: Bitpay buys PayPal.
Before 2025. Honestly though, I've seen a lot of Bitcoin companies come and go. I doubt BitPay will even be around in 11 years. But I don't doubt another bitcoin related company will buy out Paypal before 2025.
donator
Activity: 1736
Merit: 1014
Let's talk governance, lipstick, and pigs.
September 23, 2014, 09:36:21 PM
#76
In future news: Bitpay buys PayPal.
hero member
Activity: 680
Merit: 500
September 23, 2014, 09:28:21 PM
#75
This is a bit more solid from Paypal.
newbie
Activity: 5
Merit: 0
September 23, 2014, 09:21:08 PM
#74
is there a timeline?
full member
Activity: 328
Merit: 100
September 23, 2014, 09:03:49 PM
#73
its incredible to think how much growth and progress has been made this past year alone. almost difficult to imagine where bitcoin could be in another couple years.
legendary
Activity: 1386
Merit: 1016
September 23, 2014, 09:00:25 PM
#72
Buy on rumor, sell on the news.
Too late now. After the news came out, many people regretted they didn't buy before the news. Everyone knows this concept but rarely has courage to apply to real situation.
hero member
Activity: 574
Merit: 500
September 23, 2014, 08:07:24 PM
#71
Really good news for BTC. But what I concerned is that whether it will push buying activities more than selling in the long run. Or it is just for the speculators to buy in the rumors and sell on the news.
sr. member
Activity: 271
Merit: 250
September 23, 2014, 07:51:20 PM
#70
Giant leaps of logic to assume PayPal is actually doing anything directly with Bitcoin as opposed to being on the sidelines. BitPay is still doing the processing.

https://www.paypal-community.com/t5/PayPal-Forward/PayPal-and-Virtual-Currency/ba-p/828230

Quote
To be clear, today’s news does not mean that PayPal has added Bitcoin as a currency in our digital wallet or that Bitcoin payments will be processed on our secure payments platform. PayPal has always embraced innovation, but always in ways that make payments safer and more reliable for our customers. Our approach to Bitcoin is no different. That’s why we’re proceeding gradually, supporting Bitcoin in some ways today and holding off on other ways until we see how things develop.
sr. member
Activity: 434
Merit: 250
September 23, 2014, 07:25:39 PM
#69
i think the point of this development is that it's good news AND it has positively affected the price.
sr. member
Activity: 301
Merit: 250
September 23, 2014, 07:13:02 PM
#68
Can i buy bitcoins with Paypal then or just if are a merchant? Someone Pm me answer So i see reply.
This was not addressed in the press release by PP, nor any of the articles posted by the media, but I would assume the answer would be no. The fact that PP transactions are reversible (and bitcoin transactions are effectively not) would open PP to too much risk. If someone was to scam someone and convert the funds into bitcin then PP would be left holding the bag.

Okay thanks for the information Smiley
full member
Activity: 238
Merit: 100
September 23, 2014, 06:23:59 PM
#67
Can i buy bitcoins with Paypal then or just if are a merchant? Someone Pm me answer So i see reply.
This was not addressed in the press release by PP, nor any of the articles posted by the media, but I would assume the answer would be no. The fact that PP transactions are reversible (and bitcoin transactions are effectively not) would open PP to too much risk. If someone was to scam someone and convert the funds into bitcin then PP would be left holding the bag.
donator
Activity: 674
Merit: 523
September 23, 2014, 06:13:00 PM
#66
Wow, this is effin' HUGE!
hero member
Activity: 484
Merit: 500
September 23, 2014, 05:09:17 PM
#65
Time to buy!
legendary
Activity: 1316
Merit: 1000
September 23, 2014, 05:07:25 PM
#64
"To be clear, today’s news does not mean that PayPal has added Bitcoin as a currency in our digital wallet or that Bitcoin payments will be processed on our secure payments platform. PayPal has always embraced innovation, but always in ways that make payments safer and more reliable for our customers. Our approach to Bitcoin is no different. That’s why we’re proceeding gradually, supporting Bitcoin in some ways today and holding off on other ways until we see how things develop."

https://www.paypal-community.com/t5/PayPal-Forward/PayPal-and-Virtual-Currency/ba-p/828230


I think this means they are going to add it with customer wallets soon
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