BREAKING: PAYPAL PARTNERS WITH BITPAY ET AL - page 2.

ChuckBuck

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Activity: 1372

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better everyday ♥

Quote from: Lauda on September 24, 2014, 08:49:10 AM

Quote from: OrientA on September 24, 2014, 08:01:22 AM

Quote from: mufa23 on September 24, 2014, 06:39:27 AM

Quote from: cbeast on September 23, 2014, 10:36:21 PM

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.

Lauda

legendary

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Terminated.

Quote from: OrientA on September 24, 2014, 08:01:22 AM

Quote from: mufa23 on September 24, 2014, 06:39:27 AM

Quote from: cbeast on September 23, 2014, 10:36:21 PM

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.

letyouearn

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Merit: 1014

That's a Really Great News.

OrientA

sr. member

Activity: 462

Merit: 250

Quote from: mufa23 on September 24, 2014, 06:39:27 AM

Quote from: cbeast on September 23, 2014, 10:36:21 PM

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.

CryptoCarmen

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Activity: 84

Merit: 10

★Bitin.io★ - Instant Exchange

Quote from: H.W.Z on September 23, 2014, 09:07:24 PM

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

OrientA

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Activity: 462

Merit: 250

Quote from: BitCoinNutJob on September 23, 2014, 06:07:25 PM

"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.

mufa23

legendary

Activity: 1022

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I'd fight Gandhi.

Quote from: cbeast on September 23, 2014, 10:36:21 PM

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.

cbeast

donator

Activity: 1736

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Let's talk governance, lipstick, and pigs.

In future news: Bitpay buys PayPal.

btbrae

hero member

Activity: 680

Merit: 500

This is a bit more solid from Paypal.

Nirav l

newbie

Activity: 5

Merit: 0

is there a timeline?

montreal

full member

Activity: 328

Merit: 100

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.

hua_hui

legendary

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Merit: 1016

Quote from: arbitrage001 on September 23, 2014, 03:10:41 PM

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.

H.W.Z

hero member

Activity: 574

Merit: 500

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.

redhawk979

sr. member

Activity: 271

Merit: 250

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.

beetcoin

sr. member

Activity: 434

Merit: 250

i think the point of this development is that it's good news AND it has positively affected the price.

cryptomad

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Merit: 250

Quote from: zorke on September 23, 2014, 07:23:59 PM

Quote from: cryptomad on September 23, 2014, 04:08:44 PM

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

zorke

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Quote from: cryptomad on September 23, 2014, 04:08:44 PM

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.

minimalB

donator

Activity: 674

Merit: 522

Wow, this is effin' HUGE!

bitcoinstarter

hero member

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Time to buy!

BitCoinNutJob

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"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

Topic: BREAKING: PAYPAL PARTNERS WITH BITPAY ET AL - page 2. (Read 5191 times)