One thing you need to understand is the price depends only on demand and supply, Yes PayPal accepting crypto payment will make crypto more popular but it doesn't mean the price will pump because of this.
PayPal has millions of users across the globe and there possibilities of price pump too, However let's wait for few more days and see how this works it's better to hold now and wait patiently.
Topic: BTC can reach $ 20000 after PayPal, Venmo accept payments in BTC, ETH? - page 6. (Read 962 times)
October 23, 2020, 09:32:45 AM
October 23, 2020, 08:48:03 AM
$20k will be the new $10k in the future, so investors are joining the bandwagon after the Paypal news and made the price reaches $13k in about what 2 days? That is very interesting and everyone is very happy to see that price in bitcoin because many altcoins also followed the price specially the top 10 coins. And there could be a lot of news that can impact the price in the future so get in while the price is still cheap.
I still see factors such as High transaction as one of the major problem to be faced if this continue. Apart the lightning network which also have its on peculiarity, we have not seen any innovation that takle this problem of high fee. October 23, 2020, 08:08:20 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
October 23, 2020, 08:06:00 AM
Looking at the current scenario it looks like Bitcoin must hit the $20,000 again because the many financial institutions now accepted this currency as their fast payment also many economies are granting the resolution to be accepted in their country legally.
October 23, 2020, 07:58:10 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?
Possible but the amount it can be able to reach still unpredictable because members may use cryptos but its still same as paying with their paypal money so not much people going to spend extra money for the conversion fee to buy the same fee.But the reason for the increase is Paypal announced they are accepting cryptos for payments. October 23, 2020, 07:38:18 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?
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. October 23, 2020, 07:30:48 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?
This is a welcome development I know something big should happen for the price to kick and it's very surprising that Paypal is the one that can push the price of Bitcoin to $12000 when for the past weeks, it's having a hard time to gain buying support in the $12000 level, I'm now positive that Bitcoin will hit $20000 later this year or earlier next year.
October 23, 2020, 07:03:53 AM
$20k will be the new $10k in the future, so investors are joining the bandwagon after the Paypal news and made the price reaches $13k in about what 2 days? That is very interesting and everyone is very happy to see that price in bitcoin because many altcoins also followed the price specially the top 10 coins. And there could be a lot of news that can impact the price in the future so get in while the price is still cheap.
October 23, 2020, 07:01:22 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?
Obviously this is considered a good news and many FOMO, so the price is pushed to $13K and that's why the market works, if it see a good news it will react positively. As far as $20k? yes, we have touched that price is 2017 and it can happen again in the future. And predictions is that it can surpass the last all time high and move to $40K-$50K and even 6 digits figure. October 23, 2020, 06:48:11 AM
BTC, LTC, ETH, and BCH
October 23, 2020, 06:39:52 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?
Jump to: