Topic: BTC can reach $ 20000 after PayPal, Venmo accept payments in BTC, ETH? - page 4. (Read 970 times)
October 24, 2020, 02:27:49 AM
PayPal's involvement in crypto has leaved a positive impact on the price of Bitcoin and the probability seems higher for BTC to touch the $20k mark, as we know the volatile nature of market is absolutely unpredictable so it may take time, this is not gonna happen immediately.
October 24, 2020, 02:23:35 AM
It does look like Bitcoin can actually achieve it's ATH back but I'd say PayPal haven't start accepting crypto yet, it's just a news or should I say words? Let's wait and see what comes next, if PayPal ends up accepting crypto then we are in for real bull season
October 24, 2020, 02:14:38 AM
although we haven't seen its use yet but this news can make the market move. I think the crypto community reacted positively to this notification. but there's still a long way to go for up to 20k. these will be important times for the crypto market, especially bitcoin. so don't take your eyes off the market.
October 24, 2020, 02:12:31 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 don't think that bitcoin's price would increase up to $20,000 after PayPal accepted cryptocurrencies to buy, sell, and shop with its network; even bitcoin has already reached its $13,000 price thanks to Paypal. It is still impossible for many people to be convinced to buy or invest their money in bitcoin because people have some issues with PayPal when it comes to making transactions, and they don't let us keep our private keys. October 24, 2020, 01:33:37 AM
I hope that we will see real bull run this time
October 24, 2020, 01:26:55 AM
surely BTC will cross $20000 and more. Paypal is in for Big. Paypal will soon allow users to buy online with BTC. Moreover Paypal is looking to acquire many crypto companies like BitGo. It looks like Paypal will bring major adoption of crypto which we were looking for long time. This bull run will be on institutions.
October 24, 2020, 01:14:00 AM
When a coin can pass a resistance in the diagram it means it can pass it again, easier for the second time, bitcoin has passed that in 2017 and I am pretty sure it can happen again since they are finding out fiat money isn't working like it used to be as it can be printed more, no limitations and governments could abuse that when they can print it!
October 24, 2020, 01:08:33 AM
that's really good news, and bitcoins can go up to $ 20k on that push. That's because the use of crypto itself will expand, especially for the use of bitcoin and ethereum. it's just that, from the past, quite a lot of information like this has been circulating, and until now, PayPal still hasn't really accepted payments using cryptocurrency.
however, if this were to happen, I believe bitcoin would have a big push to hit prices above $ 15k, or even as high as $ 20k.
however, if this were to happen, I believe bitcoin would have a big push to hit prices above $ 15k, or even as high as $ 20k.
October 24, 2020, 12:40:00 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?
IMHO, I believe that Paypal acceptance of cryptocurrency as a mode of payments will have some positive effects on the Bitcoin and Ethereum price, As we see it the Bitcoin and Ether price was dramatically increased, But regarding the $20K BTC price speculation I think it's not possible for now because the market trend is not that active to drive the Bitcoin price up to that level even in the year-end.
October 24, 2020, 12:33:36 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?
Bitcoin had already reached that price even without paypal around 3 years ago so what more now that the popularity of Bitcoin already spreads the world?and also we are now in moving up as we can see in market prices.
Bitcoin pass thru 13$ the other night and expecting to break $14k the sooner.
So with this performance i believe that $20,000 is near to achieve again and may Break more than the last hype.
This expected bullrun is far much better than the last as what happens from 2013-2017 and no 2017-2020 or 2021.
October 24, 2020, 12:23:49 AM
The news is great for bitcoin holders. It will be a great chance for BTC to reach the 20000$ mark again. Investors are coming fast and taking it forward. If bitcoin pumps litecoin and eth will be pumped too. I see ETH over 800$ if BTC reaches 20000$. Let's see where it goes.
October 24, 2020, 12:00:27 AM
Yes this is very good news that Paypal now accepts payments in major Crypto currencies and it put a positive impact on the crypto market and Bitcoin price increased about 20 to 26% from last week and hope this increasing trend will continue as Paypal is one of the largest online E payment wallets.
like some of the movement of bitcoin price increases when it reached its peak in 2017, the movement gradually increased and I am sure that currently the price of bitcoin this year will repeat that incident and will make the price go up to be very expensive, from the good news on paypal it should be bitcoin this year could potentially go up and recover back to high prices. October 23, 2020, 10:00:55 PM
Paypal had been against the Crypto form it's start. They always complained and criticized crypto, tried to eliminate it's trade on their platform and did everything to counter it. But now, as they see people are depositing a large sum of their bank balance directly to coinbase and kraken. They realized they are loosing the fight and surrendered to crypto. Though this would ease crypto for many, we should try to look for more independnet and decentralized way of trading and buying crypto than paypal.
October 23, 2020, 09:46:16 PM
It would have reached $20K without any of those but again payment giants accepting crypto trade would bring in millions of new investors to bitcoin and crypto. And with their limited support, users would be introduced with the best of crypto world and would have a favorable experience. Bitcoin would soon be on it's way for 20K.
October 23, 2020, 06:54:13 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?
Bitcoin is not affected by an industry like that, and I'm sure the price will not hit $20K only because of news like that, Do you think Paypal is more than all bitcoin market?? In the second quarter of 2020, PayPal’s net payment volume amounted to 221.7 billion U.S. dollar
[1] https://www.statista.com/statistics/277841/paypals-total-payment-volume/
And try to check bitcoin volume https://coinmarketcap.com/currencies/bitcoin/, and see how much bitcoin transaction/day and you will know the answers
October 23, 2020, 06:45:37 PM
Let us see what will happen to bitcoin after this big promotion to it. I am happy to the development of paypal as I want to directly convert my btc to paypal in order to have dollars on it and vice versa. Now I know why bitcoin moves up strangely for the few days. It would become more bigger when the paypal officially list bitcoin to the wallet. We can now pay bills using our paypal specially if you are a cryptocurrency enthusiast. 20k dollars seem to be hard to reach but there is no impossible to the market.
October 23, 2020, 06:17:12 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 definitely good news for Bitcoin. The price of Bitcoin is already rising and I think its price will continue to rise for quite some time. But $20k is a big amount if we think about current situation.$20k really is a big amount, I agree, but I also think that it will reach this amount anytime soon. Having these known platforms accepts crypto currency as mode of payment, even the ones who doesn't know will be curious to it and might also be investors in the future.
October 23, 2020, 05:02:49 PM
Many seniors of mine are talking, Bitcoin will soar one day and I think next year is the time because of this news (Paypal accepts Cryptocurrency payments).
Hold for longer your Bitcoin, because a spike will occur soon.
Hold for longer your Bitcoin, because a spike will occur soon.
October 23, 2020, 04:50:18 PM
Actually, much more good news can lead to the price of BTC and also other altcoins increase their price significantly. Like what happened recently and also previously. If there are many more platform or sectors accept Bitcoin and other cryptos, also make the good news of it, I am sure the value of the coins will also keep increasing.
however, can it always increase significantly? I personally will not expect too high because this is a crypto world where there is always a surprise. there may be a market correction after some increases. or, it will continue increasing until hitting the ATH.
Let's wait and see the development of the market
however, can it always increase significantly? I personally will not expect too high because this is a crypto world where there is always a surprise. there may be a market correction after some increases. or, it will continue increasing until hitting the ATH.
Let's wait and see the development of the market
October 23, 2020, 03:35:35 PM
BTC can reach $ 20000 after PayPal, Venmo accept payments in BTC, ETH?
It can, but it will not. Why? Simply because there is to much uncertainty because of covid right now in the air. We are at start of second wave. After secondwave will will have 3rd wave. That is not an instrument for Bitcoin to be above $20000. We will have to wait until next year to see Bitcoin at $20000.
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