PayPal customers will be able to use BTC, ETH and other cryptos to pay merchants - page 2.

cryptofirm

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Quote from: Desscount on October 24, 2020, 09:31:48 AM

good news, payoal is one of the pioneers of mass adoption, this makes Bitcoin and other cryptocurrencies seem to dominate in this pandemic situation,
everyone is focused on cryptocurrencies, I don't know whether BTC will continue to be bullish or is this a trap? you must have a wise strategy.
and also reportedly paypal will make its own crypto currency.

yes, just read the article if paypal want to create its own cryptocurrency
https://cointelegraph.com/news/paypal-might-issue-its-own-cryptocurrency-soon-says-coinshares-exec
and i hope this news will bring more demands to crypto world

Desscount

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ComboLabs

good news, payoal is one of the pioneers of mass adoption, this makes Bitcoin and other cryptocurrencies seem to dominate in this pandemic situation,
everyone is focused on cryptocurrencies, I don't know whether BTC will continue to be bullish or is this a trap? you must have a wise strategy.
and also reportedly paypal will make its own crypto currency.

DabsPoorVersion

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www.Artemis.co

Quote from: cryptofirm on October 21, 2020, 11:06:01 AM

this really great news for crypto world
PayPal has been granted a first of its kind conditional Bitlicense by the New York State Department of Financial Services and will begin enabling its 346 million users to to buy, hold and sell cryptocurrency directly from their PayPal account from early next year.
you can read the full article here
https://www.finextra.com/newsarticle/36795/paypal-to-support-cryptocurrency-across-it-consumer-and-merchant-network

does this mean we near with the bull trend on crypto market ?

This is really a great news to crypto world,

It is like the wallet that we are using in our local area, we are able to buy and hold crypto or even send it to other wallet. And since Paypal is being used globally, it will not actually start the bull trend but will affect the market gradually like what we can see by now that the market is starting to move.

escalante28

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This is really good news to all the crypto people, Paypal allowed users to buy and sell at the same time holding Bitcoin and other cryptocurrencies on their platform. This will definitely encourage more users and people who don't involve yet in crypto to use global virtual coins. And just imagined how many users does Paypal has, it's more than 300million users.

poodle63

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Leading Crypto Sports Betting & Casino Platform

It seems crypto becoming more and more legitimate in the eyes of many people. I'm just waiting until crypto officially recognized by many government and we finally achieved a greater height than before. Although paypal is a private company but their userbase is really huge and this news is really a good news considering that it could also boost up crypto adoption to even many people. I'm a long paypal user myself and I consider this as a breakthrough for paypal becasue usually they just have too much restriction here and there.

darkphoenix2610

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Quote from: judeafante on October 23, 2020, 02:33:48 AM

Quote from: darkphoenix2610 on October 23, 2020, 02:00:13 AM

The announcement of Paypal joining the cryptocurrency creates a big and positive impact on the cryptocurrency market. PayPal users or customers will be able to use BTC, ETH, and other cryptos to pay merchants. Here's a piece of article news supporting the Paypal announcement https://crypto.co/news/paypal-join-in-companies-adopting-cryptocurrency/.

It kick the price to $12800 in just three days, this is the biggest news this year and there's no better way than the year is about to end and people are expecting for an all time high with two months and more great news coming like this, we can this year with Bitcoin hitting $20000.

Actually, investors and traders keeping an ey to Bitcoin price now like they are expecting it to even break the $20000 last end part of 2017. And another thing that people keeping an eye on is the news circulating these past few days which Paypal will buy an exchange platform, and one of their guessings is Bittrex. Do you think that makes sense?

int03h

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Paypal allowing Bitcoin to be on their system is one of the great news. That would make Bitcoin more known and it is like a way of recognizing Bitcoin legal all over the world because Paypal is fully responsible.

Paypal will have a new regulatory framework for Bitcoin because bitcoin is essentially a technology and it only lacks the legal element that Paypal has. I wonder how Paypal will implement the regulations on Bitcoin transactions when making global payments?

ARTCOINSLV

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"PayPal customers will be able to use BTC, ETH and other cryptos to pay merchants"

There is nothing surprising.
Money goes where there is money.
Coming Soon Amazon, Microsoft and even Warren Buffett.

proTECH77

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This new system of BTC, ETH, and other crypto to purchase and sell with their PayPal account in any transaction in the market. Many customers will see this PayPal account as a welcome development to them and to those who are preparing to join cryptocurrency to purchase with PayPal account.
Many people are joining bitcoin because of the new system that is changing the market positively with the PayPal account transaction which you can use to sell and buy without stress.

xiboothrezi

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Quote from: darkphoenix2610 on October 23, 2020, 02:00:13 AM

The announcement of Paypal joining the cryptocurrency creates a big and positive impact on the cryptocurrency market. PayPal users or customers will be able to use BTC, ETH, and other cryptos to pay merchants. Here's a piece of article news supporting the Paypal announcement https://crypto.co/news/paypal-join-in-companies-adopting-cryptocurrency/.

This brings a pretty good change, especially because paypal is a large company, so the adoption of this crypto will have a wide impact. Slowly, the evolution of this financial system is increasingly visible, although there are still many pros and cons, at least many people are getting to know crypto.
Moreover, the supply of bitcoin is limited, with a large number of active Paypal users, this has the opportunity to increase the price quite high. With a note that they are interested in crypto.

fullhdpixel

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What I couldn't really understand the part where it exchanges. Like let's say I am a shop owner and I sell something to people, and I do not accept any crypto but I do accept fiat, can people pay me with bitcoin, while I receive fiat? Like they end up spending their bitcoin but paypal exchanges that to fiat to give it to me?

If that is something that could be done, paypal will have a HUUUUUGE market, it would allow people to pay with crypto anywhere they go that accepts paypal payments, mostly online obviously, and they won't need fiat at all, even places that only takes fiat will be able to accept crypto as well, that would be world changing honestly. But if that is not a thing, this is not a big news honestly.

yeamin.rsl

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This is the reason why Bitcoin price moved up so quickly. I think in this bull run Bitcoin will break it's ATH records by end of this year. This revolutionary step from Paypal will make Bitcoin more popular and more people will use Crypto very easily.

calandra78

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Quote from: judeafante on October 23, 2020, 02:33:48 AM

Quote from: darkphoenix2610 on October 23, 2020, 02:00:13 AM

The announcement of Paypal joining the cryptocurrency creates a big and positive impact on the cryptocurrency market. PayPal users or customers will be able to use BTC, ETH, and other cryptos to pay merchants. Here's a piece of article news supporting the Paypal announcement https://crypto.co/news/paypal-join-in-companies-adopting-cryptocurrency/.

It kick the price to $12800 in just three days, this is the biggest news this year and there's no better way than the year is about to end and people are expecting for an all time high with two months and more great news coming like this, we can this year with Bitcoin hitting $20000.

the last quarter of the year looks like it will be a good market for crypto. bitcoin moves quite well with good news lately. when there are more good news and more confidence in the market then it will increase demand as well. I love seeing bitcoin grow alongside other altcoins.

imstillthebest

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Quote from: didzi on October 23, 2020, 11:32:22 AM

Quote from: arjuna BTC on October 23, 2020, 11:05:55 AM

Quote from: cryptofirm on October 21, 2020, 11:06:01 AM

this really great news for crypto world
PayPal has been granted a first of its kind conditional Bitlicense by the New York State Department of Financial Services and will begin enabling its 346 million users to to buy, hold and sell cryptocurrency directly from their PayPal account from early next year.

seems paypal make a serious move in crypro space now, because another rumours show up
https://cointelegraph.com/news/paypal-rumored-to-be-eying-acquisition-of-crypto-custodian-bitgo
https://www.bloomberg.com/news/articles/2020-10-22/paypal-said-to-be-in-talks-to-buy-crypto-firms-including-bitgo
and maybe another huge price movements will show up

wow, paypal will buy bitgo ?? what a big step from a big company
by the way if this rumours true, i believe we will see a lot of paypal users going to be a new crypto believers in the near time

What's that bitgo and why you are surprised? The link came from a news site but they said It was only a rumor for now so don't expect to much but we don't need to wait for that bitgo before we see people going in to the crypto zone because theres already a crypto inside the PayPal app and that should do the trick to gather people to try crypto currency .

paypal is not new and cryptos arent either but PayPal was verry late to think of this idea.this is a great example of better late than never Cheesy

didzi

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Hodlers Network

Quote from: arjuna BTC on October 23, 2020, 11:05:55 AM

Quote from: cryptofirm on October 21, 2020, 11:06:01 AM

this really great news for crypto world
PayPal has been granted a first of its kind conditional Bitlicense by the New York State Department of Financial Services and will begin enabling its 346 million users to to buy, hold and sell cryptocurrency directly from their PayPal account from early next year.
you can read the full article here
https://www.finextra.com/newsarticle/36795/paypal-to-support-cryptocurrency-across-it-consumer-and-merchant-network

does this mean we near with the bull trend on crypto market ?

seems paypal make a serious move in crypro space now, because another rumours show up
https://cointelegraph.com/news/paypal-rumored-to-be-eying-acquisition-of-crypto-custodian-bitgo
https://www.bloomberg.com/news/articles/2020-10-22/paypal-said-to-be-in-talks-to-buy-crypto-firms-including-bitgo
and maybe another huge price movements will show up

wow, paypal will buy bitgo ?? what a big step from a big company
by the way if this rumours true, i believe we will see a lot of paypal users going to be a new crypto believers in the near time

arjuna BTC

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Quote from: cryptofirm on October 21, 2020, 11:06:01 AM

this really great news for crypto world
PayPal has been granted a first of its kind conditional Bitlicense by the New York State Department of Financial Services and will begin enabling its 346 million users to to buy, hold and sell cryptocurrency directly from their PayPal account from early next year.
you can read the full article here
https://www.finextra.com/newsarticle/36795/paypal-to-support-cryptocurrency-across-it-consumer-and-merchant-network

does this mean we near with the bull trend on crypto market ?

seems paypal make a serious move in crypro space now, because another rumours show up
https://cointelegraph.com/news/paypal-rumored-to-be-eying-acquisition-of-crypto-custodian-bitgo
https://www.bloomberg.com/news/articles/2020-10-22/paypal-said-to-be-in-talks-to-buy-crypto-firms-including-bitgo
and maybe another huge price movements will show up

tvplus006

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To the Moon

Quote from: darkphoenix2610 on October 23, 2020, 02:00:13 AM

The announcement of Paypal joining the cryptocurrency creates a big and positive impact on the cryptocurrency market. PayPal users or customers will be able to use BTC, ETH, and other cryptos to pay merchants. Here's a piece of article news supporting the Paypal announcement https://crypto.co/news/paypal-join-in-companies-adopting-cryptocurrency/.

PayPal customers will indeed be able to pay for goods and services with cryptocurrency, but the seller will still receive payment for the goods in the national currency. PayPal will become a kind of bridge between the seller and the buyer, who will convert the cryptocurrency into the national currency during the calculation.

judeafante

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Activity: 2254

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Quote from: darkphoenix2610 on October 23, 2020, 02:00:13 AM

The announcement of Paypal joining the cryptocurrency creates a big and positive impact on the cryptocurrency market. PayPal users or customers will be able to use BTC, ETH, and other cryptos to pay merchants. Here's a piece of article news supporting the Paypal announcement https://crypto.co/news/paypal-join-in-companies-adopting-cryptocurrency/.

It kick the price to $12800 in just three days, this is the biggest news this year and there's no better way than the year is about to end and people are expecting for an all time high with two months and more great news coming like this, we can this year with Bitcoin hitting $20000.

darkphoenix2610

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The announcement of Paypal joining the cryptocurrency creates a big and positive impact on the cryptocurrency market. PayPal users or customers will be able to use BTC, ETH, and other cryptos to pay merchants. Here's a piece of article news supporting the Paypal announcement https://crypto.co/news/paypal-join-in-companies-adopting-cryptocurrency/.

jrrsparkles

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Quote from: Onika84 on October 22, 2020, 12:54:20 PM

Quote from: jrrsparkles on October 22, 2020, 11:22:40 AM

Paypal allows people to buy and sell cryptos but doesn't allow them to withdraw your funds so this is not really the service we should use but the user database may helps the cryptocurrency adoption and this is the reason why the bitcoin acts bullish in the last 24 hours.

PayPal has a strong and numerous user base. We hope that PayPal will later add a feature for withdrawing the cryptocurrency that we have purchased. We need news like this to make cryptocurrencies more attractive.

No they are not going to add such features because government regulations might be an issue for them and also they want to take control of people cruoto assets with this strategy so user have ti save their money from falling into centralized hands again.

Topic: PayPal customers will be able to use BTC, ETH and other cryptos to pay merchants - page 2. (Read 1062 times)