Here we are 24 hours after the Braintree/PayPal news....

CryptoCarmen

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Quote from: criptix on September 11, 2014, 12:42:10 PM

Some simple things about paypal integration:

1. 115+ million users.
2. 100.000+ merchants
3. 160+ billion transaction vol 2013
4. Huh

5. Profit

What why didnt each paypal user bought 1 btc already.... lmao

Can you imagine that every merchant put on sale only 1 BTC? 100k BTC on sale. Will be huge impact on BTC price.

promojo

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Quote from: btchaste on September 10, 2014, 10:00:28 AM

The huge news of yesterday have pumped a little the value but sincerely I was expecting a more intense rise.

Exactly me too and so did many others in the troll box.

criptix

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Some simple things about paypal integration:

1. 115+ million users.
2. 100.000+ merchants
3. 160+ billion transaction vol 2013
4. Huh

5. Profit

What why didnt each paypal user bought 1 btc already.... lmao

bittown

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When people will see a bitcoin logo in paypal website then maybe the price will rise.

femmecoins

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Quote from: Wilhelm on September 10, 2014, 09:21:09 AM

Quote from: promojo on September 10, 2014, 09:17:26 AM

Quote from: Wilhelm on September 09, 2014, 03:58:42 PM

People will only react in a 24hour period when the price is skyrocketting(immediate profit) or when it crashes(or can crash soon in case of really bad news).

Let's just wait and see

I am just use to seeing price shoot + $5-$30 dollars on good news like it was in the $1200 days.... This year has been really stagnate.

True I believe there has been so much bad and good news that people are oversaturated with information and thev no clue what they should do now

Fundamentals have not changed despite potential for information overload. When in doubt i always try and revisit this and remind myself not to get too drawn into the white noise which makes up much of this 'information'.

tntdgcr

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idiot traders who think "news" is the only movement trend. fundamentals still matter.

exocytosis

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Quote from: inca on September 11, 2014, 06:25:05 AM

Quote from: exocytosis on September 11, 2014, 05:58:02 AM

3600 new coins are mined every day. Miners have to sell a lot of those coins to pay their bills. That's a lot of sell pressure. No wonder the price is in a downtrend now that Gox is gone and Willy isn't fixing the market.

You talk about willy as if there is any actual proof of it's existence. Do you have any or just spreading FUD?

Read The Willy Report.
Also: Look at the market.

inca

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Quote from: exocytosis on September 11, 2014, 05:58:02 AM

3600 new coins are mined every day. Miners have to sell a lot of those coins to pay their bills. That's a lot of sell pressure. No wonder the price is in a downtrend now that Gox is gone and Willy isn't fixing the market.

You talk about willy as if there is any actual proof of it's existence. Do you have any or just spreading FUD?

exocytosis

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Activity: 476

Merit: 250

3600 new coins are mined every day. Miners have to sell a lot of those coins to pay their bills. That's a lot of sell pressure. No wonder the price is in a downtrend now that Gox is gone and Willy isn't fixing the market.

giveBTCpls

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This is not eBay/PayPal actualling accepting it, it's a good, but still no a big, big thing, not what you are imagining, you are confusing terms here.

promojo

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Quote from: CryptoCarmen on September 10, 2014, 12:55:24 PM

Nothing really happened. All Paypal did is mention Bitcoin in their advertisement and we all know they did just to try to do something with todays Apple announcement. Speculators could buy some coins, but i guess, they already have them. Paypal needs to say what they wil do and when. That should have some impact on price.
Maybe paypal adopting BTC is already inside current price for speculators. Maybe they saw it long tiem ago and buy them.

I don't think people built onto the value of PayPal accepting @ todays rate.... People seem to think coins going to 10,000USD/coin.

InwardContour

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Seems that we can't break through 490$ on Bitstamp, maybe there will be some more dumps incoming.

CryptoCarmen

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Nothing really happened. All Paypal did is mention Bitcoin in their advertisement and we all know they did just to try to do something with todays Apple announcement. Speculators could buy some coins, but i guess, they already have them. Paypal needs to say what they wil do and when. That should have some impact on price.
Maybe paypal adopting BTC is already inside current price for speculators. Maybe they saw it long tiem ago and buy them.

promojo

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Quote from: ThatDGuy on September 10, 2014, 10:19:03 AM

Put very simply, the supply created daily will be cut in half. Assuming demand remains the same, price would have to go up.

Gotcha! Makes complete sense.

ThatDGuy

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Quote from: promojo on September 10, 2014, 09:48:58 AM

Quote from: spazzdla on September 10, 2014, 09:24:09 AM

No news is going to move the BTC price it would appear. Well no good news will move it up I mean. I have a feeling we are going to be waiting until 12.5 block payouts until we see the rise to the next level.

Why does everyone think that price will rise at the split? I am confused there... That only really applies to miners.

Put very simply, the supply created daily will be cut in half. Assuming demand remains the same, price would have to go up.

btchaste

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The huge news of yesterday have pumped a little the value but sincerely I was expecting a more intense rise.

promojo

sr. member

Activity: 420

Merit: 250

Quote from: Wilhelm on September 10, 2014, 09:21:09 AM

True I believe there has been so much bad and good news that people are oversaturated with information and thev no clue what they should do now

I think you are right! Back in late 2013 early 2014 the news was more scarce.

promojo

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Quote from: spazzdla on September 10, 2014, 09:24:09 AM

No news is going to move the BTC price it would appear. Well no good news will move it up I mean. I have a feeling we are going to be waiting until 12.5 block payouts until we see the rise to the next level.

Why does everyone think that price will rise at the split? I am confused there... That only really applies to miners.

spazzdla

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No news is going to move the BTC price it would appear. Well no good news will move it up I mean. I have a feeling we are going to be waiting until 12.5 block payouts until we see the rise to the next level.

Wilhelm

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Quote from: promojo on September 10, 2014, 09:17:26 AM

Quote from: Wilhelm on September 09, 2014, 03:58:42 PM

People will only react in a 24hour period when the price is skyrocketting(immediate profit) or when it crashes(or can crash soon in case of really bad news).

Let's just wait and see

I am just use to seeing price shoot + $5-$30 dollars on good news like it was in the $1200 days.... This year has been really stagnate.

True I believe there has been so much bad and good news that people are oversaturated with information and thev no clue what they should do now

Topic: Here we are 24 hours after the Braintree/PayPal news.... (Read 3383 times)