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?
Because of news, market flows and could be investors are following back bitcoin so money is in it. AFAIK, Venmo and PayPal are partners. Now with this setting, other big giant crypto-companies have a competition. I'm always believing that we're going back to $20k and even higher than that. The charts have been pointing that to happen and if it has happened before, it can happen still again. No answers when but it will surpass the ATH that we've reached before. 
Topic: BTC can reach $ 20000 after PayPal, Venmo accept payments in BTC, ETH? - page 5. (Read 964 times)
October 23, 2020, 03:25:53 PM
October 23, 2020, 03:12:46 PM
However, With bitcoin, ETH will also go up to $1500 to $2000 during the bull run.
ETH price development depends on smooth transition to ETH 2.0. Transition from POW to POS is a thing that can go wrong on many levels, and that can reflect on price significantly. October 23, 2020, 01:39:38 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?
How surprising that Paypal got involved with BTC already, hmm? I don't still want to say that this convinced me to buy BTC through that means because I don't feel that much secured anymore in Paypal because of how some accounts get frozen but not abandoned.I don't think that this recent news truly affected BTC price though.
October 23, 2020, 01:37:10 PM
It's a good news that PayPal and Venmo allowing their user to buy and sell some crypto. But sending crypto to other won't be available there. For this many people will not use it. Though btc and other crypto price have increased nicely after this news. But in my opinion bitcoin not going to hit that mark soon. It will take much time to gain that price level.
October 23, 2020, 01:22:16 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?
You shouldn't be under the delusion that the economies of the leading countries will instantly begin the transition to work with crypto. Requirements from regulators are not softened, and there are no loud statements yet. But as positive news for the market, Paypal's allowing work with BTC, LTC, ETH and BCH affected, but did not quite live up to expectations. October 23, 2020, 01:18:09 PM
We will reach 20 thousand I'm just not sure if we can do it in this wave and before the end of the year but this move was extremely bullish for bitcoin.
Like I said a few times before there's no real resistance between 14000 and 20000. If we break 14 we'll go up even faster than we went from 11 to 13.
Like I said a few times before there's no real resistance between 14000 and 20000. If we break 14 we'll go up even faster than we went from 11 to 13.
October 23, 2020, 01:06:30 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.
Alot of crypto investors, traders and enthusiast have been waiting these day to come and since the pandemic somehow shows the potential to Paypal no one within the crypto sphere will want to miss the opportunity. However, the price increases cause people choose to hold and accumulate more coins.But why is the market reacting so positively? BTC can reach $ 20000 after PayPal, Venmo accept payments in BTC, ETH?
If you read the whole thing said by the Paypal CEO you will see that hes planning something big for cryptocurrency which will make crypto go mainstream. 
October 23, 2020, 01:00:23 PM
This news caused the price of bitcoin to rise quite high today, but it is not enough to bring the price of bitcoin to $ 20,000. $ 20,000 is quite a large number and we can only see bitcoin reach such a price in 2017. I think bitcoin will take a long time before it can return to $ 20,000.
October 23, 2020, 12:53:02 PM
First, this is a welcome development and a massive news for the entire crypto space and there will likely be more positive reaction to this, that is, with PayPal and Venmo now making moves to accept Bitcoin within their platforms, others would start seeing the positive side of it and will not like to be left out and hence will likely join the race so as to attract more users and so on. However, irrespective of the fact this is a good news, but I will hardly predict the price Bitcoin will reach because over the years we have witnessed many predictions which didn't worked out, even this year alone.
Currently, this news will drive fomo and hence more growth which is normal, but for the price, no one can correctly predict it.
In my own case, I will only hold my Bitcoin but will not flow nor agree with any price predictions.
Currently, this news will drive fomo and hence more growth which is normal, but for the price, no one can correctly predict it.
In my own case, I will only hold my Bitcoin but will not flow nor agree with any price predictions.
October 23, 2020, 10:49:17 AM
Yes, we are moving in that direction and I with everyone else believe that we'll see $20,000 btc between this Nov-Mar which will become the new floor for few months before we cross $40-$50k. I think paypal is a good news even though people think they're too centralized but it helps with ease of use which is connected to mass adoption.
October 23, 2020, 10:26:20 AM
The fact that PayPal, Venmo allow payment of their services in BTC, ETH and a few other tokens is very good news for the crypto market, people are slowly accepting bitcoin and cryptocurrencies.
I think it is time for governments to take a more positive look at bitcoin, and to accept bitcoin as a currency.
I think it is time for governments to take a more positive look at bitcoin, and to accept bitcoin as a currency.
October 23, 2020, 10:18:24 AM
It's just me or i think bitcoin will hit $20,000 seems quite easy, atleast it will happens early on next year. and after this other major platform or brand will be following for integrating bitcoin, it will make bitcoin soaring even more
The price will hit $20k. I am sure about that. But we need to have more patience to wait for that time because reaching that price will not be as easy as you say. Besides that, if you check the bitcoin price movements this year, you will see that every time bitcoin price reaches the highest price, the price will be back to the lower price, and it will stay at the current price for a while. Maybe the price will start another rally in the next month, and I am sure that if the next rallies are coming, we can see the price will make a new ATH.Many people predict bitcoin price will touch $20k, but they still don't know when that will happens. So if we can prepare from now on to have more bitcoin, I guess that we will make a big profit later, especially if the bitcoin price can surge to the next high price.
The news from Paypal can be one of many reasons for the bitcoin price increase. But we don't know the real reason for bitcoin price increases, and we can only guess until we can know the reason. But I think we don't have to search for the reason, and it is better to enjoy this moment and make a profit while we can.
October 23, 2020, 10:16:59 AM
Bitcoin will reach 20k maybe next year. More partnership is about giving the more power for bitcoin. I just try to remind you that if the more big companies will adopt bitcoin or make it become available to be used by its users and that means more money will come to the bitcoin. Remember bitcoin has limit on its supply and more people can afford to buy more and more bitcoin.
20k should be the next floor for bitcoin and imagine it will grow even more soon.
20k should be the next floor for bitcoin and imagine it will grow even more soon.
October 23, 2020, 10:11:19 AM
Slowly but surely it will. I guess by next year after pandemic it would go to $20K and probably even surpassing it. This paypal updates has become a big stepping stone for new digital economy.
October 23, 2020, 09:57:28 AM
Getting Bitcoin to reach $ 20,000 will be difficult because there are currently many individuals and organizations holding Bitcoin and among them, they will also take profits when Bitcoin increases in value. It will take a lot of effort for the value of bitcoin to rise even higher, especially the good news, the money flowing into Bitcoin and the time it takes for bitcoin to model its chart.
Surely it might take some time before we can see it crossing 20k , but the way for now it has crossed 13k inspite of the tough time in the world itself an big achievement. Slowly as more organization or post Covid digital payments will be encourage we will see it growing and bitcoin being leader will grow faster as well. With this will see some rise on top altcoins as well.
October 23, 2020, 10:00:04 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.
October 23, 2020, 09:51:47 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?
Why asking why the market reacts positively when this is a cause for celebration because this is a very big news finally Paypal join the Cryptocurrency bandwagon and this is the best time to join a very good combination, halving just finished and Paypal adding 4 Cryptocurrency in their platform.
October 23, 2020, 09:47:16 AM
It's just me or i think bitcoin will hit $20,000 seems quite easy, atleast it will happens early on next year. and after this other major platform or brand will be following for integrating bitcoin, it will make bitcoin soaring even more
The price will hit $20k. I am sure about that. But we need to have more patience to wait for that time because reaching that price will not be as easy as you say. Besides that, if you check the bitcoin price movements this year, you will see that every time bitcoin price reaches the highest price, the price will be back to the lower price, and it will stay at the current price for a while. Maybe the price will start another rally in the next month, and I am sure that if the next rallies are coming, we can see the price will make a new ATH.Many people predict bitcoin price will touch $20k, but they still don't know when that will happens. So if we can prepare from now on to have more bitcoin, I guess that we will make a big profit later, especially if the bitcoin price can surge to the next high price.
The news from Paypal can be one of many reasons for the bitcoin price increase. But we don't know the real reason for bitcoin price increases, and we can only guess until we can know the reason. But I think we don't have to search for the reason, and it is better to enjoy this moment and make a profit while we can.
October 23, 2020, 09:35:16 AM
Getting Bitcoin to reach $ 20,000 will be difficult because there are currently many individuals and organizations holding Bitcoin and among them, they will also take profits when Bitcoin increases in value. It will take a lot of effort for the value of bitcoin to rise even higher, especially the good news, the money flowing into Bitcoin and the time it takes for bitcoin to model its chart.
October 23, 2020, 09:33:41 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?
Nobody can say for sure what will be the price of btc in the coming weeks and months but one thing is very clear, this PayPal news has some positivity in it, since the announcement btc price has been up and it seems this will continue because there is a strong possibility that new people will start to buy btc, PayPal has made btc more popular this few days and those who don't know about or who were scared to get involved are now willing to do so just because of the trust they have on PayPal, i think this announcement will certainly open new doors to crypto in general.
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