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Topic: Paypal + Bitcoin: Welcome to the promised land! (Read 5897 times)

full member
Activity: 235
Merit: 100
September 13, 2014, 03:46:53 PM
The whole video seemed dedicated to Bitcoin

"We have magical money. Not bound by bank or bill. It's instant, simple, and secure enough to get out on the way. Consider yourself invited to the people economy." etc

I have a feeling Coinbase and PayPal have been working together recently..
legendary
Activity: 1624
Merit: 1196
Reputation first.
I hope that we will see a good increasing of price right now, it is the moment, then I hope that number of transaction in bitcoin network will increase, now it is the bitcoin moment !
sr. member
Activity: 434
Merit: 250
Finally

Many more steps to go, many crossed off the list
member
Activity: 84
Merit: 10
★Bitin.io★ - Instant Exchange
I'm starting to think that the more adoption of btc by merchants, the more it will HURT price of bitcoin.

Care to elaborate on why you think that is because I don't see how it can possibly be logical. More merchants = more demmand.

More merchants is also more ways to spend it.
hero member
Activity: 778
Merit: 1002
I'm starting to think that the more adoption of btc by merchants, the more it will HURT price of bitcoin.

Care to elaborate on why you think that is because I don't see how it can possibly be logical. More merchants = more demand.

Depends on the implementation. If all they do is take bitcoin, and convert it to USD to sit it paypal accounts, Xiaoxiao is absolutely correct. If they make it easier to get and hold BTC, the price will rise. This is all short term. Long term it is certainly positive.
sr. member
Activity: 278
Merit: 250
This is great news for the average person and business who wants to utilize Bitcoin, but is not familiar with the infrastructure. He can now use a system that is already familiar to him! This is great news!
sr. member
Activity: 270
Merit: 250
I'm starting to think that the more adoption of btc by merchants, the more it will HURT price of bitcoin.

Care to elaborate on why you think that is because I don't see how it can possibly be logical. More merchants = more demmand.
legendary
Activity: 1274
Merit: 1000
The Golden Rule Rules
I'm starting to think that the more adoption of btc by merchants, the more it will HURT price of bitcoin.
hero member
Activity: 812
Merit: 500
Paypal is über shit.

But that will help BTC.
hero member
Activity: 976
Merit: 575
Cryptophile at large
Wtf... those faces and that voice, makes it so hard to focus on what they're actually saying.

There will be a 100% chance paypal will still rape you with fees for using their built in bitcoin feature..

They're obviously going to take a fee just like any payment processor but regardless of their cut it's still huge news. Hopefully they'll charge a fee less than what they currently do for fiat payments.
legendary
Activity: 812
Merit: 1002
Wtf... those faces and that voice, makes it so hard to focus on what they're actually saying.

There will be a 100% chance paypal will still rape you with fees for using their built in bitcoin feature..
hero member
Activity: 742
Merit: 500
People like to bash Paypal, but the fact of the matter is that many online marketplaces like Ebay will not function well without a third party intermediary that provides both the buyer and seller protection.

Paypal accepting BTC is a great step toward mainstream adoption!
hero member
Activity: 686
Merit: 500
A pumpkin mines 27 hours a night
I think this is a great thing. Bitcoin needs more legitimate (yes, PayPal has done evil things I know) companies that protect customers. They can for example act as a Bitcoin escrow service for a small fee!
member
Activity: 84
Merit: 10
★Bitin.io★ - Instant Exchange
Still waiting on that rise tho......

In bitcoin land things happen with 3 months delay. And actually nothing really happened. It was just an advertisement, that is all.
full member
Activity: 135
Merit: 100
A.K.A The Black Marvel
Anyone here read about the Braintree CEO? Soon paypal willa accept BTC
legendary
Activity: 1148
Merit: 1001
If this does happen it will be great news. I am still weary as to whether or not both bitcoin and paypal will happen. If it does it will be quite amazing to see.

Um.  They already said that they were today.  http://techcrunch.com/video/cleaning-up-the-mobile-buying-experience-with-paypalbraintrees-bill-ready/518405858/
sr. member
Activity: 406
Merit: 250
If this does happen it will be great news. I am still weary as to whether or not both bitcoin and paypal will happen. If it does it will be quite amazing to see.
legendary
Activity: 1260
Merit: 1000
Remember the old eGold company in the early 2000s?

like they took Liberty Reserve down under claims of money laundering.

sr. member
Activity: 378
Merit: 250
This is one of those moments when the stars are lined up to buy.
legendary
Activity: 1164
Merit: 1000
Einsteinium Foundation Board Member and Treasurer
video reminds me of a robert altman movie where they all talk at the same time. I actually like it.

great news though. even if just a step, it is in the right direction.

One step at a time, untill we get to our destination. For a change it's a good news  Cheesy .
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