http://blog.coinbase.com/post/96987622472/braintree-partners-with-coinbase-to-accept-bitcoin
"Braintree merchants using Coinbase will receive all the benefits associated with accepting bitcoin payments, including 1% flat transaction fees (waived for the first $1M in bitcoin sales) with no additional costs, all while avoiding exposure to any currency volatility risk thanks to Coinbase’s Instant Exchange feature."
Topic: Paypal + Bitcoin: Welcome to the promised land! - page 4. (Read 5897 times)
Lol, they jerkin us around! Second big announcemen: BTC!
oh, and i find it strange that everyone is rejoicing when practically the entire forum here hates the living shit out of paypal.
Mass acceptance/adoption is, generally speaking, what Bitcoin advocates want. Everyone uses PayPal. Accepting Bitcoin provides legitimacy and, effectively, free advertising. Ultimately new-to-Bitcoin PayPal users will learn that they can use Bitcoin without PayPal.Besides, most of the PayPal horror stories involve sellers. For consumers using PayPal, it's a different story. So as a consumer, why not have a PayPal account with a "legit" Bitcoin wallet built in for your "legit" bitcoins? It would be the first of its kind: a wallet seamlessly integrated almost everywhere that lets you choose between funding transactions from your bank account, debit and credit cards and Bitcoin balance.
Exactly, Network Effect, value increases if userbase increases, and we also like speculative bubbles.
we've had at least 5 major corporations that have begun to accept bitcoin this year.. and where has the price gone? for me, i think the real moon lies with the ETF.. that's when billions of new money will come flowing it. with guys like paypal/newegg/dell/overstock and the like, they only make bitcoin move around the blockchain more, which ends up back at the exchanges and lowers the price.
Speculative bubble price correction, if late 2013 bubble hadn't happened you would just see price increasing slowly over time.
bitcoin has never worked like that, so i have no idea how you got to that conclusion. it's always been a meteoric boom or bust for bitcoin. i've never seen bitcoin "gradually increase over time." i've only seen it multiply 10 fold within a short span, and then stabilize for a while until the same thing happens again.
Braintree accepts bitcoin by means of coinbase https://twitter.com/coinbase/status/509050652308549633
ONE TOUCH! Sign me up! hahaha - that would of been his time to name drop BITCOIN. Fail.
Braintree CEO live
http://techcrunch.com/events/disrupt-sf-2014/live-video/
http://techcrunch.com/events/disrupt-sf-2014/live-video/
Ok, starting now, let's see if this guy says something about bitcoin.
i think paypal just tease of you guys. and you have taken the bait.
is the bitcoin a trademark? or just a word? who did buy the trademark from mt.gox? how they going to use it?
is the bitcoin a trademark? or just a word? who did buy the trademark from mt.gox? how they going to use it?
oh, and i find it strange that everyone is rejoicing when practically the entire forum here hates the living shit out of paypal.
Mass acceptance/adoption is, generally speaking, what Bitcoin advocates want. Everyone uses PayPal. Accepting Bitcoin provides legitimacy and, effectively, free advertising. Ultimately new-to-Bitcoin PayPal users will learn that they can use Bitcoin without PayPal.Besides, most of the PayPal horror stories involve sellers. For consumers using PayPal, it's a different story. So as a consumer, why not have a PayPal account with a "legit" Bitcoin wallet built in for your "legit" bitcoins? It would be the first of its kind: a wallet seamlessly integrated almost everywhere that lets you choose between funding transactions from your bank account, debit and credit cards and Bitcoin balance.
Exactly, Network Effect, value increases if userbase increases, and we also like speculative bubbles.
we've had at least 5 major corporations that have begun to accept bitcoin this year.. and where has the price gone? for me, i think the real moon lies with the ETF.. that's when billions of new money will come flowing it. with guys like paypal/newegg/dell/overstock and the like, they only make bitcoin move around the blockchain more, which ends up back at the exchanges and lowers the price.
Speculative bubble price correction, if late 2013 bubble hadn't happened you would just see price increasing slowly over time.
oh, and i find it strange that everyone is rejoicing when practically the entire forum here hates the living shit out of paypal.
Mass acceptance/adoption is, generally speaking, what Bitcoin advocates want. Everyone uses PayPal. Accepting Bitcoin provides legitimacy and, effectively, free advertising. Ultimately new-to-Bitcoin PayPal users will learn that they can use Bitcoin without PayPal.Besides, most of the PayPal horror stories involve sellers. For consumers using PayPal, it's a different story. So as a consumer, why not have a PayPal account with a "legit" Bitcoin wallet built in for your "legit" bitcoins? It would be the first of its kind: a wallet seamlessly integrated almost everywhere that lets you choose between funding transactions from your bank account, debit and credit cards and Bitcoin balance.
Exactly, Network Effect, value increases if userbase increases, and we also like speculative bubbles.
we've had at least 5 major corporations that have begun to accept bitcoin this year.. and where has the price gone? for me, i think the real moon lies with the ETF.. that's when billions of new money will come flowing it. with guys like paypal/newegg/dell/overstock and the like, they only make bitcoin move around the blockchain more, which ends up back at the exchanges and lowers the price.
As much as I hate Paypal, , I wouldn't include them in that list you just beefed out. The others are retailers, Paypal is a (horrible) payment processor.
Even if they do start accepting it I cannot bring myself to trust paypal. They are a bit of a poster child for the problems with the current system. For my business the core QT wallet and keeping an amount equal to my inventory in escrow gets the job done just fine.
that's great news! 
TO THE MOON!
TO THE MOON!
we've had at least 5 major corporations that have begun to accept bitcoin this year.. and where has the price gone? for me, i think the real moon lies with the ETF.. that's when billions of new money will come flowing it. with guys like paypal/newegg/dell/overstock and the like, they only make bitcoin move around the blockchain more, which ends up back at the exchanges and lowers the price.
I think you nailed it right there.
oh, and i find it strange that everyone is rejoicing when practically the entire forum here hates the living shit out of paypal.
Mass acceptance/adoption is, generally speaking, what Bitcoin advocates want. Everyone uses PayPal. Accepting Bitcoin provides legitimacy and, effectively, free advertising. Ultimately new-to-Bitcoin PayPal users will learn that they can use Bitcoin without PayPal.Besides, most of the PayPal horror stories involve sellers. For consumers using PayPal, it's a different story. So as a consumer, why not have a PayPal account with a "legit" Bitcoin wallet built in for your "legit" bitcoins? It would be the first of its kind: a wallet seamlessly integrated almost everywhere that lets you choose between funding transactions from your bank account, debit and credit cards and Bitcoin balance.
Exactly, Network Effect, value increases if userbase increases, and we also like speculative bubbles.
we've had at least 5 major corporations that have begun to accept bitcoin this year.. and where has the price gone? for me, i think the real moon lies with the ETF.. that's when billions of new money will come flowing it. with guys like paypal/newegg/dell/overstock and the like, they only make bitcoin move around the blockchain more, which ends up back at the exchanges and lowers the price.
oh, and i find it strange that everyone is rejoicing when practically the entire forum here hates the living shit out of paypal.
Mass acceptance/adoption is, generally speaking, what Bitcoin advocates want. Everyone uses PayPal. Accepting Bitcoin provides legitimacy and, effectively, free advertising. Ultimately new-to-Bitcoin PayPal users will learn that they can use Bitcoin without PayPal.Besides, most of the PayPal horror stories involve sellers. For consumers using PayPal, it's a different story. So as a consumer, why not have a PayPal account with a "legit" Bitcoin wallet built in for your "legit" bitcoins? It would be the first of its kind: a wallet seamlessly integrated almost everywhere that lets you choose between funding transactions from your bank account, debit and credit cards and Bitcoin balance.
Exactly, Network Effect, value increases if userbase increases, and we also like speculative bubbles.
This looks like Braintree news.. Nothing in relation to PayPal/eBay. This will allow merchants to accept Bitcoin payments via their mobile app..... FYI - let's not get too excited about this.
oh, and i find it strange that everyone is rejoicing when practically the entire forum here hates the living shit out of paypal.
Mass acceptance/adoption is, generally speaking, what Bitcoin advocates want. Everyone uses PayPal. Accepting Bitcoin provides legitimacy and, effectively, free advertising. Ultimately new-to-Bitcoin PayPal users will learn that they can use Bitcoin without PayPal.Besides, most of the PayPal horror stories involve sellers. For consumers using PayPal, it's a different story. So as a consumer, why not have a PayPal account with a "legit" Bitcoin wallet built in for your "legit" bitcoins? It would be the first of its kind: a wallet seamlessly integrated almost everywhere that lets you choose between funding transactions from your bank account, debit and credit cards and Bitcoin balance.
what the majority of bitcoin holders want is "to the moon," and if it that means that bitcoin will be massively adopted, then okay. but to be more realistic, it's not about the acceptance of bitcoin (its utility), but it's more about the supply/demand side that affects the price. the guy who bought the SR auctioned coins invested at least $20 million into bitcoin, and it drove the price up to 6 month highs.
when merchants like dell/newegg/tigerdirect/overstock announced they were to accept bitcoin, the price never really went anywhere. to me, paypal supporting bitcoin is more in line with dell/newegg/tigerdirect/overstock than it is of some dude dropping $20 million on bitcoin.
oh, and i find it strange that everyone is rejoicing when practically the entire forum here hates the living shit out of paypal.
Mass acceptance/adoption is, generally speaking, what Bitcoin advocates want. Everyone uses PayPal*. Accepting Bitcoin provides legitimacy and, effectively, free advertising. Ultimately new-to-Bitcoin PayPal users will learn that they can use Bitcoin without PayPal.Besides, most of the PayPal horror stories involve sellers. For consumers using PayPal, it's a different story. So as a consumer, why not have a PayPal account with a "legit" Bitcoin wallet built in for your "legit" bitcoins? It would be the first of its kind: a wallet seamlessly integrated almost everywhere that lets you choose between funding transactions from your bank account, debit and credit cards and Bitcoin balance.
*152 million registered users in 203 markets, at least according to PayPal.
Everyone tweet the shit out of paypal & techcrunch, paypal just tweeted
We're excited to hear from our own @williamready in just a few minutes at this year's @TechCrunch
We're excited to hear from our own @williamready in just a few minutes at this year's @TechCrunch
if paypal accepts bitcoin it would mean you can pay almost anywhere!
but i am afraid of fees
Knowing Paypal, you are right to be wary of exorbitant fees. Bear in mind, however, that Paypal does and will continue to have competitors in the market. Sooner or later, this competition will ultimately force them to reduce fees or be driven out of business, just as it is forcing them to adopt Bitcoin now. but i am afraid of fees
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