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Topic: I won't bet on this - page 2. (Read 631 times)

member
Activity: 687
Merit: 11
July 18, 2020, 10:03:18 AM
#44
The only concern is PayPal team may decides to back off on this project later, but if PayPal can successfully do it as said, then this will bring more bull run to cryptocurrency market, probably with this, Ethereum and top altcoins will pump more  soon.
member
Activity: 384
Merit: 12
Student Coin
June 28, 2020, 08:00:52 PM
#43
Well maybe is the most valid word in crypto space since we how and what is really happening in it. But I am confident that what you are saying has a high possibility because PayPal is already known to its service and this fact would bring the fact that whatever thing the people behind it is planning to do, would succeed therefore the possibility of your saying could be.
sr. member
Activity: 1050
Merit: 250
June 28, 2020, 07:47:20 PM
#42
PayPal is planning to implement crypto payment, that's not a bad news at all and we already have DeFi projects making Ethereum bullish this days.. that's two major news that can trigger bullrun soon but..... Don't make a bet on this, nothing might probably happen, actions speaks louder than words, maybe if PayPal actually get this done then, just maybe .......

Paypal would definitely get it done. Many of the payment processor are already into buying and selling crypto and Paypal would not stay behind. With paypal letting users buy crypto, it would be easier for a large group of people to buy crypto with their bank account/salary. This would be a positive thing for crypto adoption as many people are still struggling to buy crypto due to the hassle involved. There are many dapps in the past that has made Ethereum's network congestive but had no impact on price, the current Defi boom seems to be similar. Though ETH 2.0 is what we are expecting to boost the price of ETH.
If paypal will ever consider using crypto as payment they might consider using a stable coin or create their own chain, BTC is too volatile to use as of now, and as for selling and buying crypto there is a lot of reputable exchanges out there that can offer better security.
paypal want to expand their user by adding featuring crypto as payment. its all about business strategy to expand user and company profits. we know crypto user growth massively day by day and . about volatility i am sure paypal team already predict and do the right thing when convert fiat to crypto.
full member
Activity: 616
Merit: 108
io.ezystayz.com
June 28, 2020, 06:59:59 PM
#41
PayPal is planning to implement crypto payment, that's not a bad news at all and we already have DeFi projects making Ethereum bullish this days.. that's two major news that can trigger bullrun soon but..... Don't make a bet on this, nothing might probably happen, actions speaks louder than words, maybe if PayPal actually get this done then, just maybe .......

you are right, betting on it might just be away of expecting so much but if it actually happens, i think it is a major push towards crypto adoption because paypal is a huge network with millions of dedicated userbase using their services on a daily basis and report shows that majority of their user base aren't into cryptocurrency but are however savvy towards digital assets. I believe when PayPal crypto exchange gateway starts working, millions of users would be prompted to know more on what's special about bitcoin and other cryptocurrencies
copper member
Activity: 98
Merit: 4
June 28, 2020, 05:09:07 PM
#40
It really would depend on how Paypal will implement and use crypto on its existing network.

More importantly, crypto is trying to avoid the middleman but Paypal is a middleman when it comes to digital transactions.

Therefore, Paypal must figure out how they'll make money out of crypto transactions while avoiding exorbitant fees to avoid alienating the crypto market in the process.
hero member
Activity: 1106
Merit: 501
June 28, 2020, 05:08:30 PM
#39
PayPal is planning to implement crypto payment, that's not a bad news at all and we already have DeFi projects making Ethereum bullish this days.. that's two major news that can trigger bullrun soon but..... Don't make a bet on this, nothing might probably happen, actions speaks louder than words, maybe if PayPal actually get this done then, just maybe .......

I mean why not, if the rumor is already spreading its worth the risk since either way you'll take benefits from both outcome. If ever paypal implement such thing then it will boost the the possibility of bull run on the other hand if they didn't really implement the payment method since it already been a rumor some people will still try and benefit from it.
full member
Activity: 2100
Merit: 174
June 28, 2020, 04:53:41 PM
#38
I won't bet on this either. PayPal has been known for it negligence to it customers and when integrate the cryptocurrency payment to their system won't help solve their inactions to this. There are many other defi projects that has the ability and capacity to handle this than the PayPal company. This will not give some good vibes for the cryptocurrency industry but let's wait for the implementation before draw our conclusion on them, hope they change their ways this time.
full member
Activity: 896
Merit: 115
June 28, 2020, 04:45:03 PM
#37
This is a very big move if it finally happens. It will bring a large massive adoption to the crypto and bring in more adoption. This is exactly what we wanted to happen. It's a win-win for everyone.
hero member
Activity: 2170
Merit: 528
June 28, 2020, 03:26:36 PM
#36
There were so many things that were supposed to trigger a bull run this year.

One that I remember was the trend reversal and the level of 10 thousand being broken. We've reached 10400 USD and did not continue.

The second one was the halving. We're months past that and the price is lower than it was in July of last year.

Don't get your hopes high.
legendary
Activity: 2422
Merit: 1451
Leading Crypto Sports Betting & Casino Platform
June 28, 2020, 03:07:44 PM
#35
I haven't seen such news being confirmed to be honest.
If paypal really comes through with implementing such after the rumors I'd be very surprised. Especially given their staunch anti-crypto past.
If any such institution-friendly payment processor adopted crypto, I bet it'd be much like robinhood and eToro do it. They kind of offer buying and selling crypto, but in reality they have no option to withdraw or deposit, so it's just a simulation of trading crypto based on market prices without any real exposure, and the prices are marked up too. It's too optimistic to believe that PayPal would do any better but in reality we can only wait and see.
sr. member
Activity: 1442
Merit: 265
June 28, 2020, 03:01:35 PM
#34
PayPal is planning to implement crypto payment, that's not a bad news at all and we already have DeFi projects making Ethereum bullish this days.. that's two major news that can trigger bullrun soon but..... Don't make a bet on this, nothing might probably happen, actions speaks louder than words, maybe if PayPal actually get this done then, just maybe .......
The current situation especially with already established tech companies is that they have realized the worth and legitima y of cryptocurrencies and they want to ride this tech revolution but at the same time due to unclear policies from govts and regulators they fear negative impact on their usual business due to crypto implementation that is why eithey they delay or cancel the crypto side for the time being untill clarity is there on the regulatory front.
full member
Activity: 1386
Merit: 101
ComboLabs
June 28, 2020, 02:57:12 PM
#33
PayPal is planning to implement crypto payment, that's not a bad news at all and we already have DeFi projects making Ethereum bullish this days.. that's two major news that can trigger bullrun soon but..... Don't make a bet on this, nothing might probably happen, actions speaks louder than words, maybe if PayPal actually get this done then, just maybe .......
if paypal provides new features for integration into crypto currencies, especially Bitcoin, I'm sure this is good for the future of Bitcoin, because maybe Bitcoin can become a new payment tool going forward, this is really good news

PayPal is a legal financial platform and if implementing crypto, I think it will have a big impact on the prices of some popular cryptos. The price of Bitcoin may break above the highest price if that happens.
but the paypal on Twitter there is still no news about this, I'm afraid that this is just a rumor, and it doesn't really happen, how?
member
Activity: 1204
Merit: 38
June 28, 2020, 02:55:35 PM
#32
PayPal is planning to implement crypto payment, that's not a bad news at all and we already have DeFi projects making Ethereum bullish this days.. that's two major news that can trigger bullrun soon but..... Don't make a bet on this, nothing might probably happen, actions speaks louder than words, maybe if PayPal actually get this done then, just maybe .......
Paypal accepting cryptos is just a rumour I guess because none of the reputed cryoto news platform mentioned about this.Crypto market is always unpredictable so be ready to face the consequences before investing.
Then you need to do research on the news, I thought it was a rumour as well until the new kept coming up over and over, through different news sources like cointelegraph 
Even in the recent article of cointelegraph they mentioned that as rumour and also said even co founder of PayPal doubt are dubious about that rumour.

Source : https://cointelegraph.com/news/paypal-crypto-rumors-rip-wirecard-telegram-settles-hodlers-digest-june-2228/amp
full member
Activity: 1624
Merit: 163
June 28, 2020, 01:20:52 PM
#31
PayPal is planning to implement crypto payment, that's not a bad news at all and we already have DeFi projects making Ethereum bullish this days.. that's two major news that can trigger bullrun soon but..... Don't make a bet on this, nothing might probably happen, actions speaks louder than words, maybe if PayPal actually get this done then, just maybe .......
if paypal provides new features for integration into crypto currencies, especially Bitcoin, I'm sure this is good for the future of Bitcoin, because maybe Bitcoin can become a new payment tool going forward, this is really good news

There's no news yet. This is only "rumors" spreading around that Paypal is hiring people with crypto related experience. They are most likely will try to create their own currency with the use of Blockchain. There's no news that Paypal will integrate Bitcoin or any other cryptocurrency in their system. I don't know man, we can't be hype just because of this simple rumors.
copper member
Activity: 966
Merit: 5
June 28, 2020, 01:20:36 PM
#30
PayPal is planning to implement crypto payment, that's not a bad news at all and we already have DeFi projects making Ethereum bullish this days.. that's two major news that can trigger bullrun soon but..... Don't make a bet on this, nothing might probably happen, actions speaks louder than words, maybe if PayPal actually get this done then, just maybe .......

Yes that's true, action speaks louder than words and until we see it coming to fruition then we can bet, even at that, there is still every tendency the market might not react to it. I always have the notion that the crypto market have a mind of its own, which is why predictions don't work. Nevertheless, I won't still fail to point out that with PayPal taking such steps, it will bring more exposure to all that pertains to crypto because it will be proving a lot of platforms wrong. On the other hand, if Defi projects duly remain good without getting saturated with worthless projects, then it will likely set in a new trend in the crypto space.
jr. member
Activity: 40
Merit: 24
June 28, 2020, 12:45:14 PM
#29
Rightly said you are. Yes, it's great news for crypto lovers but I am also not sure how much effect that on market price
sr. member
Activity: 1428
Merit: 251
June 28, 2020, 12:17:02 PM
#28
PayPal is planning to implement crypto payment, that's not a bad news at all and we already have DeFi projects making Ethereum bullish this days.. that's two major news that can trigger bullrun soon but..... Don't make a bet on this, nothing might probably happen, actions speaks louder than words, maybe if PayPal actually get this done then, just maybe .......
if paypal provides new features for integration into crypto currencies, especially Bitcoin, I'm sure this is good for the future of Bitcoin, because maybe Bitcoin can become a new payment tool going forward, this is really good news

PayPal is a legal financial platform and if implementing crypto, I think it will have a big impact on the prices of some popular cryptos. The price of Bitcoin may break above the highest price if that happens.
full member
Activity: 1568
Merit: 100
COMBONetwork
June 28, 2020, 11:36:15 AM
#27
PayPal is planning to implement crypto payment, that's not a bad news at all and we already have DeFi projects making Ethereum bullish this days.. that's two major news that can trigger bullrun soon but..... Don't make a bet on this, nothing might probably happen, actions speaks louder than words, maybe if PayPal actually get this done then, just maybe .......
if paypal provides new features for integration into crypto currencies, especially Bitcoin, I'm sure this is good for the future of Bitcoin, because maybe Bitcoin can become a new payment tool going forward, this is really good news
newbie
Activity: 32
Merit: 0
June 28, 2020, 10:28:46 AM
#26
We all are going to cross our finger to crypto/btc/eth grow because of these events.
But in real life we can't predict anything, so even if defi will remain bullish and paypal will release its crypto payment system like tomorrow - we still have no assurance if its going to impact price of any cryptocurrency whatsoever
member
Activity: 634
Merit: 10
June 28, 2020, 09:52:40 AM
#25
Soon more and more people will know and invest in cryptos because of this known application who would want to add cryptos as a way to purchase and that will be a great benefit for both the company and to us people who believes in cryptos. If it will be implemented for sure additional users will use that application and the company will surely benefit and earn more from that. They will also promote cryptos to their users who so not know anything about it and that will be great. I just hope it will happen soon if ever they really have the plan to do it. 
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