Topic: BTC can reach $ 20000 after PayPal, Venmo accept payments in BTC, ETH? - page 3. (Read 970 times)
October 24, 2020, 11:27:49 PM
PayPal is most large project currency in the world and have been legal around country to the world absolutely have million member right now, when PayPal accepted for buying cryptocurrency using their fund will give easy access to PayPal member to invest in bitcoin and altcoin. Now have many countries not allowed for investing in bitcoin or altcoin exactly in United State, after PayPal allowed for buying bitcoin and altcoin using PayPal balance will have many investor from United State to buy bitcoin with PayPal way. I think most easy for bitcoin reach higher price above $20000 and right now have touch more than$13000, just waiting while to see bitcoin really break to higher price and give more good news to the world how bitcoin become friendly currency payment.
October 24, 2020, 06:09:25 PM
We heard that good news and we finally reach the level of $13k which I hope that bitcoin will sustain its momentum until the end of the year so we finally see $20k mark again. Maybe, after the US election or the revelation of winners next year, cryptomarket will soar higher as many expects this one to happen. More good news to come and hold more to enjoy the future pump with Bitcoin, its about to recover big time.
October 24, 2020, 05:58:43 PM
Yes all are possible and we know that bitcoin had gone ATH to almost 20k and this time it may be possible to get another bull run or a breaking record for bitcoin market.
This is all the people holding btc wanting for and we have a chance already that it can go happen by introducing bitcoin to its consumers like paypal doing it.
Hopefully, if there are other platform that will follow paypal then we can expect a sure bull run like if Amazon? Bull run is on the way!
This is all the people holding btc wanting for and we have a chance already that it can go happen by introducing bitcoin to its consumers like paypal doing it.
Hopefully, if there are other platform that will follow paypal then we can expect a sure bull run like if Amazon? Bull run is on the way!
October 24, 2020, 05:52:19 PM
Following PayPal information, Venmo allows payment of its services in BTC, ETH and a few other tokens, the price of BTC has increased sharply, sometimes surpassing $ 13,000 and is still holding at $ 12900. But why is the market reacting so positively? BTC can reach $ 20000 after PayPal, Venmo accept payments in BTC, ETH?
This is just a micro event my dear friend just keep hodling your top coins as big bullish wave is about to start which will take prices much higher and new high prices will be here but you have to be patient and hold for around a year atleast, it can tale more or less time but it is coming amd i am really excited about the bulls that will dominate the market soon. 
October 24, 2020, 04:32:04 PM
But why is the market reacting so positively?
Well, mate that's how the crypto market works, good news makes people fomo and buy more while bad news makes makes people to panick and sell, for traders they know goodnews will definitely make the price to pump so they will buy more and vice versa when it's a bad news, but for others it's fomo. BTC can reach $ 20000 after PayPal, Venmo accept payments in BTC, ETH?
I feel like it stands a greater chance to beat it ATH this time around with more adoption taking place,it seems like the $20,000 might be achievable by early next year, bitcoin is becoming stronger as the days go by, the other day I saw some people celebrating about 80days+ without dropping below $10,000 mark price the last time these happened its so 2017 and it was about 62days above $10,000. 
October 24, 2020, 03:31:56 PM
After the Paypal news, the market has been priced with the latest updates in short term charts. For the long term price action, catching the 16000 will boos the BTC up to $20000. Unless something bad happens, there is a good reason to believe the BTC will hit $20000. Now the price is dancing around $13000 and it breaks the stops of both sides: buyers and sellers. The demand will grow if the other companies wanna join the PayPal network or go to use the advantages of the Blockchain network for their business model.
October 24, 2020, 03:28:37 PM
I believe it is just a matter of time before BTC hit the ATH again, the paypal news might accelerate it. I personally I am not buzz on the paypal news because of the past history of paypal and if they decided to lock people's BTC what are you going to do. In the next 3 months we are seeing BTC at $20k just be prepared for the coming mini rally to ATH
October 24, 2020, 11:27:32 AM
This news should not give any growth at all. Here is a clipping from their FAQ:
"Can I transfer cryptocurrency to PayPal and back?
Currently, you can only store the cryptocurrency that you buy from PayPal in Your account. In addition, the cryptocurrency in your account cannot be transferred to other accounts in PayPal or outside of It.
Can I use my cryptocurrency balance as a source of funds for my purchases?
No, not now.
Will I get a private key from the cryptocurrency I buy on PayPal?
You own a cryptocurrency that you buy on PayPal, but you will not be provided with a private key. In case you're wondering, a private key is a person's secret code for accessing and managing their cryptocurrency. If they are lost, stolen, or even forgotten, they will never be able to get their cryptocurrency back, which is quite risky in itself. If you can log in to your PayPal account, you will have access to the rest of the cryptocurrency that you have. "
in fact, PayPal released wrappers tied to the crypt rate to cut hamster
If PayPal did allow bitcoin withdrawals and every user wanted to do so, it would take more than 1 year of equivalent free space in the Bitcoin blockchain to process these transactions.
"Can I transfer cryptocurrency to PayPal and back?
Currently, you can only store the cryptocurrency that you buy from PayPal in Your account. In addition, the cryptocurrency in your account cannot be transferred to other accounts in PayPal or outside of It.
Can I use my cryptocurrency balance as a source of funds for my purchases?
No, not now.
Will I get a private key from the cryptocurrency I buy on PayPal?
You own a cryptocurrency that you buy on PayPal, but you will not be provided with a private key. In case you're wondering, a private key is a person's secret code for accessing and managing their cryptocurrency. If they are lost, stolen, or even forgotten, they will never be able to get their cryptocurrency back, which is quite risky in itself. If you can log in to your PayPal account, you will have access to the rest of the cryptocurrency that you have. "
in fact, PayPal released wrappers tied to the crypt rate to cut hamster
If PayPal did allow bitcoin withdrawals and every user wanted to do so, it would take more than 1 year of equivalent free space in the Bitcoin blockchain to process these transactions.
October 24, 2020, 11:26:47 AM
Yes, there has a huge chance of it and already we have seen something are changing. So it is not so hard to guess what is next. Because investors are coming which is a green signal for those who already hold BTC. I am optimistic if it works continuously then BTC can be reached at $20k or more. When BTC will be $20k then we can expect Eth at $800-$1200 range. Waiting to see the next blast from BTC.
not only a possibility but a certain belief that the price of bitcoin, ethereum and several other cryptocurrencies will increase in price because there is good news circulating and it will be easier to buy cryptocurrency, so buy cryptocurrency before it's too late. October 24, 2020, 11:17:36 AM
Following PayPal information, Venmo allows payment of its services in BTC, ETH and a few other tokens, the price of BTC has increased sharply, sometimes surpassing $ 13,000 and is still holding at $ 12900. But why is the market reacting so positively? BTC can reach $ 20000 after PayPal, Venmo accept payments in BTC, ETH?
I think this increase is just the beginning, mass adoption has already occurred, and it is likely that big companies will arrive on blockchain, and of course institutions, we have entered the bullish season, because 3 years of being bearish is a long time, remember circles!, there are times to be bearish and there are times to be bullish.
$ 20000? I am sure it will be achieved.
October 24, 2020, 09:14:15 AM
Paypal has a big impact on btc, but it might be as high as 20k.
October 24, 2020, 09:11:00 AM
Following PayPal information, Venmo allows payment of its services in BTC, ETH and a few other tokens, the price of BTC has increased sharply, sometimes surpassing $ 13,000 and is still holding at $ 12900. But why is the market reacting so positively? BTC can reach $ 20000 after PayPal, Venmo accept payments in BTC, ETH?
I think this increase is just the beginning, mass adoption has already occurred, and it is likely that big companies will arrive on blockchain, and of course institutions, we have entered the bullish season, because 3 years of being bearish is a long time, remember circles!, there are times to be bearish and there are times to be bullish.
$ 20000? I am sure it will be achieved.
October 24, 2020, 08:02:14 AM
Yes, there has a huge chance of it and already we have seen something are changing. So it is not so hard to guess what is next. Because investors are coming which is a green signal for those who already hold BTC. I am optimistic if it works continuously then BTC can be reached at $20k or more. When BTC will be $20k then we can expect Eth at $800-$1200 range. Waiting to see the next blast from BTC.
October 24, 2020, 05:33:47 AM
It may not be there instantly but slowly and steadily, the base for another launch to the moon is building up and this time, we'd settle on a higher level than the last time. The number of bitcoins is approaching closer to it's limit while more and more people and business are buying and holding them. With less coins to trade and buying coins readily available to more people, 20K is nearer.
Of course it takes time to reach milestones. after Paypal received payments and services on their site with Cryptocurrency in just two days the price of BTC passed 13000 dollars. We saw at the beginning of the year after Paypal users were officially able to withdraw and buy BTC on Paypal, I think the price of BTC will go through 30000 dollars. We hope other companies can follow the steps taken by Paypal. October 24, 2020, 03:59:29 AM
I also believe that it could reach it even before Paypal accept BTC but I don't know how long it would take for it to reach it.
It already already happen once so why wouldn't it happen again?
This is the reason why I never quit on crypto why I never give up on it and it has shown us that it could rise up again we just need to endure it.
It already already happen once so why wouldn't it happen again?
This is the reason why I never quit on crypto why I never give up on it and it has shown us that it could rise up again we just need to endure it.
October 24, 2020, 03:55:46 AM
Sounds good, maybe several investors fells great about this and starts again to full their bags with bitcoin and ethereum coin. A positive vibes for some who wants to invest more with these top coins. I hope this could be possibly done in the near future by the influenced of PayPal.
October 24, 2020, 03:54:25 AM
That's good news for bitcoin and its fans, however I don't think that news is enough to get bitcoin to $ 20,000.
$ 20,000 is a huge price and bitcoin is difficult to obtain in the short term. Governments don't have a lot of sympathy for bitcoin and cryptocurrencies right now, so they put in place a lot of regulations against bitcoin, which prevent bitcoin from reaching the $ 20,000 price tag.
$ 20,000 is a huge price and bitcoin is difficult to obtain in the short term. Governments don't have a lot of sympathy for bitcoin and cryptocurrencies right now, so they put in place a lot of regulations against bitcoin, which prevent bitcoin from reaching the $ 20,000 price tag.
October 24, 2020, 03:49:58 AM
The news had made an instant impact on the price of bitcoin adoption of bitcoin by paypal and Venmo acceptance of it as payment will go a long way in ensuring that the price wouldn't fall below $12K we have more users now imagine half million users of paypal adopting bitcoin that a lone speaks volume of the future prospect of bitcoin, this is like an eye opener to other big organizations or businesses to look towards bitcoin as another source of payment gateway and all these news is bringing in credibility and trust to bitcoin.
October 24, 2020, 03:41:46 AM
They only allow crypto trading on the paypal platform, but it seems impossible to withdraw to fiat money, probably because a lot of regulation is required to convert crypto to fiat. However this could be the first step for a crypto bull run in the coming year.
October 24, 2020, 02:39:54 AM
This news, of course, had a very positive effect on both Bitcoin and the entire cryptocurrency market in general, and if everything goes well as it is now, then perhaps Bitcoin by the end of this year will be able to reach 20k$, but this all of course depends from big players, maybe they still don`t want to pump bitcoin up to 20k$, so we have to wait and watch.
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