Topic: PayPal to Offer Crypto Trading - page 4. (Read 657 times)
As for me, this is really a very good proposal.
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usually things reported by cointelegraph or similar sites don't have any value to be discussed, 90% of the times they are pure clickbait.
in any case it is not surprising to see everyone eventually getting on board of the bitcoin bandwagon. it was predicted long before. specially companies like PayPal that want to make money and see the volume that goes into trading every day (hence the commissions they could earn). usually with them it is about creating another centralized shitcoin that they can fully control while making money from the hype. similar to what Facebook has been trying to do.
This news is too old now. I don't think paypal gonna introduce crypto too soon on their platform. As @LeGaulois^ said they just rumored the news to pump their stock market price.
Buy the rumor.
I don't think spreading rumors that it will soon likely offer its users the opportunity to directly buy crypto will pump their value.
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And if the rumor becomes true it will take time to create their own crypto. As they are paypal, I am sure they will come with something different then others.
Your gathered rumor may be false. I haven't heard of a single rumor that Paypal is going to create their own crypto. That may not be a rumor at all. That may simply be a plain gossip.
The rumor is that Paypal may offer direct crypto sales on their platform. That's it.
This news is too old now. I don't think paypal gonna introduce crypto too soon on their platform. As @LeGaulois^ said they just rumored the news to pump their stock market price.
And if the rumor becomes true it will take time to create their own crypto. As they are paypal, I am sure they will come with something different then others.
And if the rumor becomes true it will take time to create their own crypto. As they are paypal, I am sure they will come with something different then others.
Old news from last month, there are several topics in the forum. And we're still at the same point: => a rumor
Between a rumor and the reality, a decade can happen, specially in the crypto industry.
While a lot of people seem excited, it wil be funny if finally it's just an IOU BTC, not much different than with the banks..
It's like when companies make an annoncement only to pump the price in the stock market. I suspect they do the same with a "potential" vaccine for the coronavirus
Between a rumor and the reality, a decade can happen, specially in the crypto industry.
While a lot of people seem excited, it wil be funny if finally it's just an IOU BTC, not much different than with the banks..
It's like when companies make an annoncement only to pump the price in the stock market. I suspect they do the same with a "potential" vaccine for the coronavirus
I just read it from cointele also which Paypal was hiring blockchain engineer which I guess was enough reason for this rumor to spread. They pointed to this job listing https://jobsearch.paypal-corp.com/en-US/job/technical-lead-crypto-engineer/J3W31J65K3R80YP49FL
Developing crypto trading must have been the case for them to employ someone with blockchain skills. The reason for the denial, its their choice.
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As the topic says the payment giant company was reportedly plans to introduce crypto trading through a new brokerage service offered by United States stablecoin operator Paxos.
Source
Theres also a rumor that the payment giant company wrote a letter to EU commission just for the development of their own crypto but when they were confronted about it they said "PayPal does not comment on rumors or speculation.”
Learn that news like this dont just happen if something like it is not already happening.
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Theres also a rumor that the payment giant company wrote a letter to EU commission just for the development of their own crypto but when they were confronted about it they said "PayPal does not comment on rumors or speculation.”
Learn that news like this dont just happen if something like it is not already happening.
Your thoughts
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