BREAKING: PAYPAL PARTNERS WITH BITPAY ET AL - page 3.

niothor

hero member

Activity: 826

Merit: 501

in defi we trust

Quote from: Lauda on September 23, 2014, 03:23:50 PM

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

BitCoinNutJob

legendary

Activity: 1316

Merit: 1000

This is great news i think they also have plans to go full BTC soon.... never go full BTC Grin

mufa23

legendary

Activity: 1022

Merit: 1001

I'd fight Gandhi.

Quote from: seriouscoin on September 23, 2014, 03:05:33 PM

Quote from: mufa23 on September 23, 2014, 02:56:39 PM

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.

WhatTheGox

legendary

Activity: 812

Merit: 1000

sweet

Pcpoet

full member

Activity: 156

Merit: 100

Cryptocurrency Rules man!

This is very good news. BTC will go up up and up. THIS IS GREAT!

Barnikle

newbie

Activity: 37

Merit: 0

Quote from: Its About Sharing on September 23, 2014, 01:29:10 PM

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.

Velkro

legendary

Activity: 2296

Merit: 1014

WoW, this is huge news
Im suprised almost everyday with bitcoin adoption

blatchcorn

sr. member

Activity: 952

Merit: 281

Quote from: LiteCoinGuy on September 23, 2014, 03:03:50 PM

Quote from: blatchcorn on September 23, 2014, 01:11:22 PM

Quote from: LiteCoinGuy on September 23, 2014, 01:09:22 PM

Quote from: techman on September 23, 2014, 12:44:57 PM

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

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Here, here Grin

BTCewdquestion

newbie

Activity: 52

Merit: 0

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.

ChuckBuck

hero member

Activity: 1372

Merit: 783

better everyday ♥

Quote from: Lauda on September 23, 2014, 03:23:50 PM

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.

Lauda

legendary

Activity: 2674

Merit: 2965

Terminated.

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?

cryptomad

sr. member

Activity: 301

Merit: 250

Can i buy bitcoins with Paypal then or just if are a merchant? Someone Pm me answer So i see reply.

seriouscoin

hero member

Activity: 658

Merit: 500

Quote from: mufa23 on September 23, 2014, 02:56:39 PM

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?

Only if I could dump my lifesavings Roll Eyes

LiteCoinGuy

legendary

Activity: 1148

Merit: 1014

In Satoshi I Trust

Quote from: blatchcorn on September 23, 2014, 01:11:22 PM

Quote from: LiteCoinGuy on September 23, 2014, 01:09:22 PM

Quote from: techman on September 23, 2014, 12:44:57 PM

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

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jbrnt

hero member

Activity: 672

Merit: 500

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.

BTCbuisinessman

newbie

Activity: 20

Merit: 0

this is fucking awesome! hope it gos even higher

mufa23

legendary

Activity: 1022

Merit: 1001

I'd fight Gandhi.

Fuck yeah! And away we go! Cool

9kv

full member

Activity: 145

Merit: 100

Learning

Jesus Christ, it just spiked $40 in a matter of an hour. I am really surprised that this partnership wasn't already factored in??

Kassenzettel

full member

Activity: 140

Merit: 100

So i could get my PAYPAL balance to bitcoins Huh

Topic: BREAKING: PAYPAL PARTNERS WITH BITPAY ET AL - page 3. (Read 5240 times)