Paypal is doing it - page 2. | Bitcointalksearch.org

gabbie2010

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Quote from: Twentyonepaylots on October 21, 2020, 08:56:21 AM

Paypal officially announced that they are going to let their users to buy, sell and shop cryptocurrencies on their platform starting in 2021adding services such as this will become a domino effect that might trigger banks to do the same. I can feel it already, next year will be another blast for crypto!

source : https://cointelegraph.com/news/paypal-to-offer-crypto-payments-starting-in-2021

Confirmed!

This is a welcome development from PayPal incorporating cryptocurrencies on their shopping platform enhances the credibility to cryptos and trust this will change the mindset of some people who belittle cryptos or always categorize it as a Ponzi or HYIP, hopely 2021 will cryptos experiencing a massive growth and boost.

Sithara007

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I hope that the acceptance by PayPal will change the mindset of some of the regressive governments, such as the one we have here in India. For the past two-three years, there have been rumors that Bitcoin will be banned by the government. Till now, no such ban has been imposed. But ordinary Bitcoin users face all sort of harassment. Hopefully the acceptance by big corporations such as PayPal will put an end to this.

ufaiz50

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Quote from: Twentyonepaylots on October 21, 2020, 08:56:21 AM

Paypal officially announced that they are going to let their users to buy, sell and shop cryptocurrencies on their platform starting in 2021adding services such as this will become a domino effect that might trigger banks to do the same. I can feel it already, next year will be another blast for crypto!

source : https://cointelegraph.com/news/paypal-to-offer-crypto-payments-starting-in-2021

Confirmed!

What if they freeze again. I hope this is in accordance with what we think where this domino effect will continue in various important sectors in terms of transactions. Putting aside the question of price growth in cryptocurrency, we have to think about how such adoption continues, I mean to make this adoption easier and that's a lot we have to think about first. Because it can indirectly affect the market too.

onecall123

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i think this is the best news for this year , maybe this is gonna push the price much higher but for now we need more volume spikes and liquidity to come from out of the market so we can break 14 k $ top ..

Paypal news might be point that helps recent surge up of bitcoin however bunches of things going on in the crypto space. History as well. Its following a similar pattern after the last halving. People are starting to believe the paypal news is bigger but It wasn't just PayPal.

nurilham

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extraordinary, this will pump up the price of Bitcoin and Altcoins and will answer the speculation of masters who say Bitcoin will bull run in 2021.

mezzaluna

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Quote from: Twentyonepaylots on October 21, 2020, 08:56:21 AM

Paypal officially announced that they are going to let their users to buy, sell and shop cryptocurrencies on their platform starting in 2021adding services such as this will become a domino effect that might trigger banks to do the same. I can feel it already, next year will be another blast for crypto!

source : https://cointelegraph.com/news/paypal-to-offer-crypto-payments-starting-in-2021

Confirmed!

Paypal doing this move might also lead other payment systems to integrate other Cryptocurrencies too. Ethereum would be most likely to follow this trend since it has a better system being integrated with other Systems. Lets just hope that Paypal pushes their development so people can fully use and learn what Cryptocurrencies are about since most people might be spooked by that added feature.

oprahwindfury

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Cryptonomy is doing all the way it's best.Right now the paypal's news will help crypto society a lot.it's going to be very explosive in 2021.All the best and enjoy the recent success of cryptography.

finaleshot2016

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Another good news for me as a PayPal user, there are plenty of options now where will I withdraw money since those I've gained are saved in my bank. Paypal has a lot of users and most of the platforms nowadays have PayPal payment options so it'll become easier.

Now it's possible for the other platforms to do the same since PayPal will make it happen.
I also hope that they fixed those errors in their platform since their going in the cryptocurrency path.

South Park

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Quote from: Tigerheart3026 on October 21, 2020, 11:00:21 AM

since evening i have been wondering why the Btc is growing price can go hit 13k$ an overnight. there were a lot of rumours back in a year. it’s a big collaboration for both of paypal and crypto fans. wow! paypal will give the opportunity to buy,sell and if we want to store crypto in paypal application.

Many people have been predicting for years this was going to happen and while Paypal had very strong policies against cryptocurrencies in the past it became obvious that at some point they will need to accept it, the market of cryptocurrencies is becoming too popular and if they do not accept them then someone else will and they will lose money in the process, so it is not like they are doing this because they had a change of heart, this is business, but it is still a great news for all of those that are interested in the mass adoption of cryptocurrencies.

XCANA

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What i see positive from this announcement is the large numbers(potential investors) of the PayPal company, we all know that they have a huge number of investors around the globe and for them coming into the industry is a welcome development, even though personally i hate their service formally. The exposure they are likely to bring into play will have huge impact on Bitcoin and cryptocurrency market at large, Hope to see others joining the league soon.

Sapphire915

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This newly added features will really make a great big difference in Paypal. Ive read this often times and its just wow. This will definitely attract more users and investors to buy on paypal platform with less hassle. I think I must try this soon to see it myself.

Kez1817

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Quote from: Salauddin1994 on October 24, 2020, 01:58:36 AM

The good news is that paypal is entering the crypto market customers will be able to buy and sell bitcoin and other virtual currencies using paypal accounts this will double the demand for crypto and have a positive impact on the market. Paypal is super convenient and the speed of its transactions will be faster by depositing through a bank account paypal will benefit from the development of crypto as a deposit method the value of crypto as a decentralization system will increase.

It was really a good news to hear that paypal will accept cryptocurrency and people will be able to buy and sell using their platform. But what about the kyc process, is it like in crypto exchange or like in a bank that they will suddenly hold your funds and freeze your account if you are using a large amount of money in crypto? Hope, it's not, so that people will continue to trust on paypal and the impact of it to crypto market will be great.

bryant.coleman

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Quote from: shoreno on October 24, 2020, 02:14:19 AM

paypal isnt convenient but its a little but hassel because they request kyc and they request authentication if ever they locked your account for less known reasons . by using paypal we dont help decentralization grow but this help the centralization rather because paypal is not decentralize .

and how can we sure its a goodnews when paypal users chose paypal at the first place because they dont like crypto . this update will have no impact to those users but they will just ignore it

PayPal is making Bitcoins available only for those users who has undergone the KYC process previously. Obviously there is always a chance that your account will get locked up. But that is one of the risks which will always be there if you want to use PayPal. If you ask me, I would say PayPal is good if we want to attract new users. A lot of these users may shift to other exchanges such as KuCoin and Binance later.

shoreno

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Quote from: Salauddin1994 on October 24, 2020, 01:58:36 AM

The good news is that paypal is entering the crypto market customers will be able to buy and sell bitcoin and other virtual currencies using paypal accounts this will double the demand for crypto and have a positive impact on the market. Paypal is super convenient and the speed of its transactions will be faster by depositing through a bank account paypal will benefit from the development of crypto as a deposit method the value of crypto as a decentralization system will increase.

paypal isnt convenient but its a little but hassel because they request kyc and they request authentication if ever they locked your account for less known reasons . by using paypal we dont help decentralization grow but this help the centralization rather because paypal is not decentralize .

and how can we sure its a goodnews when paypal users chose paypal at the first place because they dont like crypto . this update will have no impact to those users but they will just ignore it

Salauddin1994

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The good news is that paypal is entering the crypto market customers will be able to buy and sell bitcoin and other virtual currencies using paypal accounts this will double the demand for crypto and have a positive impact on the market. Paypal is super convenient and the speed of its transactions will be faster by depositing through a bank account paypal will benefit from the development of crypto as a deposit method the value of crypto as a decentralization system will increase.

lepbagong

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Quote from: Cling18 on October 23, 2020, 10:17:15 PM

I have never thought that Bitcoin and other altcoins could move to the next level like this. It's good news and I'm sure that those who are doubting it will now change their mind about the real function of cryptocurrency. There will surely be more platforms that would accept cryptocurrency when this works well. It's also an advantage because more people would get more interested in cryptocurrency and it will affect the market positively.

agree that any recognition from a highly respected and recognized institution so far will at least have a good impact on the development of crypto. but is it useful and can make it easier it can't be said because for those who already have paypal, of course it doesn't matter how those who don't have it because we know whether it will make it easier? maybe not.

akram143

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Quote from: Twentyonepaylots on October 21, 2020, 08:56:21 AM

Paypal officially announced that they are going to let their users to buy, sell and shop cryptocurrencies on their platform starting in 2021adding services such as this will become a domino effect that might trigger banks to do the same. I can feel it already, next year will be another blast for crypto!

source : https://cointelegraph.com/news/paypal-to-offer-crypto-payments-starting-in-2021

Confirmed!

Paypal is doing what? Literally they are trying to make possesion of decentralized cryptos into their wallet.

This news has short term positive in the crypto market but in long term surely it is going to affect the core decentralization of crypto currencies so community don't let the ignorant people slip into their hands.

bryant.coleman

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Quote from: witcher_sense on October 23, 2020, 12:40:32 AM

Quote from: bryant.coleman on October 22, 2020, 10:59:21 PM

I would rather say that this is the biggest trigger received so far in the adoption of Bitcoin, ever since the first coins were mined in 2009.

You're right. Never before in the history of bitcoin have we had a unique opportunity to (a) completely forget all the benefits of open, borderless, censorship-resistant, permissionless currency, which is, in fact, a breakthrough in distributed decentralized monetary systems, and to (b) return back to obsolete payment platforms such as PayPal, which don't allow you to (1) control your own money, (2) transact with those who excluded from the financial system due to the "wrong" place of birth, (3) defend your right to privacy, (4) avoid surveillance of your transactions, habits, political views, etc. What a great day for the adoption!

I myself hate PayPal and don't have an account with them now. That doesn't mean that PayPal's acceptance of Bitcoin is a bad thing, and we should petition them to revoke it. No one is forcing you to use PayPal. We have far better options available and people like me haven't used PayPal for many years now. But there exists a large group of people, for whom purchasing and storing Bitcoins is easier if it is done through the PayPal platform. Obviously if you opt for them, then you need to compromise with privacy and other aspects. But then once again, no one is forcing you. If you want to use PayPal, then you can.

Cling18

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I have never thought that Bitcoin and other altcoins could move to the next level like this. It's good news and I'm sure that those who are doubting it will now change their mind about the real function of cryptocurrency. There will surely be more platforms that would accept cryptocurrency when this works well. It's also an advantage because more people would get more interested in cryptocurrency and it will affect the market positively.

NavI_027

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Quote from: Adhar on October 23, 2020, 01:26:13 PM

and now we seen that lots of good news like DEFE or NFT trend.

I don't know if the things you are pertaining about are new alts or another defi but I think such news only gave minimal influence on the current price uptrend happening (no offense meant). Because the main factor we can consider here is Paypal's step of letting crypto enter their business.

Quote from: Adhar on October 23, 2020, 01:26:13 PM

paypal accepet crypto for buy/sell that is another big news for crypto. thats why btc pumping.

Yeah! What a great day for us. But take note, btc is not the only coin surge because Litecoin did as well. It actually outperforms btc so if you are holding one then congrats

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Topic: Paypal is doing it - page 2. (Read 1352 times)