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Topic: BREAKING: PAYPAL PARTNERS WITH BITPAY ET AL - page 3. (Read 5191 times)

hero member
Activity: 826
Merit: 501
in defi we trust
September 23, 2014, 06:02:33 PM
#63
Well this was a long wait, Bitcoin deserved some better news finally.
There is quite some resistance before we get back to $500 or $600.
The news is still fresh though. Are any other websites reporting about it? Links?
I think over the long term it will lead to higher prices (from higher adoption) however I would speculate it would lead to lower prices in the short term as paypal sells the bitcoin they receive from customers
legendary
Activity: 1316
Merit: 1000
September 23, 2014, 05:59:54 PM
#62

This is great news i think they also have plans to go full BTC soon.... never go full BTC Grin
legendary
Activity: 1022
Merit: 1001
I'd fight Gandhi.
September 23, 2014, 05:51:50 PM
#61
Fuck yeah! And away we go! Cool

Damn i miss you, how have you been?

Working hard IRL. And was under an NDA due to me suing a bitcoin company. Lawyer said I should keep my mouth shut, but was busy all this summer anyway. I'm sorta back now.

Kinda cool that someone misses me.
legendary
Activity: 812
Merit: 1000
September 23, 2014, 05:49:28 PM
#60
sweet
full member
Activity: 156
Merit: 100
Cryptocurrency Rules man!
September 23, 2014, 05:46:41 PM
#59
This is very good news. BTC will go up up and up. THIS IS GREAT!
newbie
Activity: 37
Merit: 0
September 23, 2014, 05:26:16 PM
#58
Paypal needs to become a Bitcoin exchange. Then the sparks will really fly.

But regarding this news, it is pretty huge. This is no shock to any of us, but to the common man this means they are going to start seeing more BTC symbols in their daily purchases (shortly).
I remember when Paypal first came out and I thought "What a stupid name. What is this, some kind of payment service? Never heard of it." Don't look past this Paypal news. It will become a HUGE BTC billboard in due time, metaphorically and literally.

We may see the price of BTC take a hit as those with lots start spending more (and this has been discussed). But this Paypal news is going to for sure attract more buyers.

IAS

ha ha yes.
legendary
Activity: 2296
Merit: 1014
September 23, 2014, 05:13:34 PM
#57
WoW, this is huge news
Im suprised almost everyday with bitcoin adoption
sr. member
Activity: 952
Merit: 281
September 23, 2014, 05:13:29 PM
#56
Time to buy !

only an idiot buys AFTER the news  Cheesy
You could have bought after the news and still buy before this rally started.

to be honest: i think you can buy at any time at this stage  Wink

--------------


Here, here  Grin
newbie
Activity: 52
Merit: 0
September 23, 2014, 05:10:21 PM
#55
This has been in the tubes for a few weeks now, largely rumors and vague announcement from paypal brain tree, apple pay, bank of england, other central banks. I am surprised, exactly as other saids, only idiot buy after the news. But the rumor sell the news is this phrase and this could be the truth for this.

The contrary, whales are smartly lined up and things are currently orderly in the market, run the price up, wait for supply of bitcoin to enter the market for sale, as the sell and create liquidity, whales can buy with with little price movement, however  eventually the supply runs outs, the price rallys and if things remain orderly they wait until more supply comes onto the exchange. Eventually less and less supply will hit the markets and the whales will need to ask themselves are they willing to dump millions into a $10,000 bitcoin or or just stop buying more than a few at $600

My bet, things get overheated for the short run and we see a MAJOR MAJOR MAJOR rally that make all bubbles in the history of man look small.

Do i spend my last $200 cash on bitcoin right now an run the risk of being a hog and getting slaughtered.
hero member
Activity: 1372
Merit: 783
better everyday ♥
September 23, 2014, 04:58:07 PM
#54
Well this was a long wait, Bitcoin deserved some better news finally.
There is quite some resistance before we get back to $500 or $600.
The news is still fresh though. Are any other websites reporting about it? Links?

Here's a link from Forbes:

http://www.forbes.com/sites/ryanmac/2014/09/23/paypal-takes-small-step-toward-bitcoin-partners-with-cryptocurrency-processors/

Basically EBay head John Donahoe and Paypal head Scott Ellison are strategically starting with BTC payment for digital goods first as a test, before leaping headfirst into full blown Cryptocurrency integration into Ebay/Paypal marketplace and transactions.

Love it.

legendary
Activity: 2674
Merit: 2965
Terminated.
September 23, 2014, 04:23:50 PM
#53
Well this was a long wait, Bitcoin deserved some better news finally.
There is quite some resistance before we get back to $500 or $600.
The news is still fresh though. Are any other websites reporting about it? Links?
sr. member
Activity: 301
Merit: 250
September 23, 2014, 04:08:44 PM
#52
Can i buy bitcoins with Paypal then or just if are a merchant? Someone Pm me answer So i see reply.
hero member
Activity: 658
Merit: 500
September 23, 2014, 04:05:33 PM
#51
Fuck yeah! And away we go! Cool

Damn i miss you, how have you been?
TPN
full member
Activity: 193
Merit: 100
How did it get so late, so soon?
September 23, 2014, 04:04:32 PM
#50
Only if I could dump my lifesavings  Roll Eyes
legendary
Activity: 1148
Merit: 1011
In Satoshi I Trust
September 23, 2014, 04:03:50 PM
#49
Time to buy !

only an idiot buys AFTER the news  Cheesy
You could have bought after the news and still buy before this rally started.

to be honest: i think you can buy at any time at this stage  Wink

--------------

hero member
Activity: 672
Merit: 500
September 23, 2014, 03:59:26 PM
#48
It is great that PayPal finally accepts bitcoin. But how is it going to work? Are the bitcoin going to be dumped and converted to fiat and credit to users accounts? Can users receive and hold payment in bitcoin? We need more information on this payment hub thing.
newbie
Activity: 20
Merit: 0
September 23, 2014, 03:58:40 PM
#47
this is fucking awesome! hope it gos even higher
legendary
Activity: 1022
Merit: 1001
I'd fight Gandhi.
September 23, 2014, 03:56:39 PM
#46
Fuck yeah! And away we go! Cool
9kv
full member
Activity: 145
Merit: 100
Learning
September 23, 2014, 03:52:46 PM
#45
Jesus Christ, it just spiked $40 in a matter of an hour. I am really surprised that this partnership wasn't already factored in??
full member
Activity: 140
Merit: 100
September 23, 2014, 03:52:13 PM
#44
So i could get my PAYPAL balance to bitcoins  Huh
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