Paypal wants to accept BTC now?? - page 3.

brokenchair

member

Activity: 109

Merit: 10

Quote from: BitcoinINV on April 11, 2015, 03:13:58 AM

we want bitcoin to crash the paypal not to support it
if paypal accepting btc then btc is supporting them

Fuck yeah. Paypal is the absolute worst, you get fees up the ass.
Ebay is absolute garbage, you get fees and scammed up the ass.
People complain about bitcoin, look at ebay's class action suit for sellers being scammed by ebay shit policy and support.
Screw paypal and ebay, create that openbazar shit or something already.

Paypal should and will die, it is expensive, offers dick in the way of protection, and was basically created to make ebay more money.

randy8777

legendary

Activity: 896

Merit: 1000

Quote from: redsn0w on April 11, 2015, 05:49:18 AM

Quote from: tokeweed on April 11, 2015, 02:24:30 AM

Quote from: redsn0w on April 11, 2015, 02:09:53 AM

PayPal will never start to use bitcoin, maybe not for all the purchase because it is so easy make a chargeback and all we know bitcoin and reversibility can't coexist because it is impossible to reverse a payment (I'm not talking about double-spend). What do you think between ETF and PayPal? Will these news push-up the price (because a lot if people will start to buy more bitcoin)? Or not?

Paypal.com itself may not start accepting Bitcoin, but Paypal the company created (? or acquired?) https://www.braintreepayments.com to give merchants the ability to accept Bitcoin.

Thanks for the link, I didn't know that site before now! It seems interesting, in bottom page there is written :

© 2008-2015 Braintree, a division of PayPal, Inc. All rights reserved. Italy Privacy Policy | Legal | Trademarks

So I think they "are" test"ing" bitcoin as method of payment (and not as only speculation) before add it to the real paypal site (as option). We will see what will happen (but I am not optimistic).

i think it won't lead to much optimism by many people. there have been several articles about this subject and still nothing actually has happened. it's more a fantasy right now.

redsn0w

legendary

Activity: 1778

Merit: 1043

#Free market

Quote from: tokeweed on April 11, 2015, 02:24:30 AM

Quote from: redsn0w on April 11, 2015, 02:09:53 AM

PayPal will never start to use bitcoin, maybe not for all the purchase because it is so easy make a chargeback and all we know bitcoin and reversibility can't coexist because it is impossible to reverse a payment (I'm not talking about double-spend). What do you think between ETF and PayPal? Will these news push-up the price (because a lot if people will start to buy more bitcoin)? Or not?

Paypal.com itself may not start accepting Bitcoin, but Paypal the company created (? or acquired?) https://www.braintreepayments.com to give merchants the ability to accept Bitcoin.

Thanks for the link, I didn't know that site before now! It seems interesting, in bottom page there is written :

© 2008-2015 Braintree, a division of PayPal, Inc. All rights reserved. Italy Privacy Policy | Legal | Trademarks

So I think they "are" test"ing" bitcoin as method of payment (and not as only speculation) before add it to the real paypal site (as option). We will see what will happen (but I am not optimistic).

dquancey

hero member

Activity: 587

Merit: 500

Been doing the rounds for a while now. Sure merchants have been able to accept these for some time?

Correct me if I'm wrong, it happens Roll Eyes

shogdite

hero member

Activity: 798

Merit: 1000

LIR Dev. www.letitride.io

Well they keep talking the talk, if they do end up accepting btc maybe they'll return the $1000's stolen from me by their chargeback system Wink

I wont be holding my breath....

Mutley

newbie

Activity: 24

Merit: 0

Quote from: ashour on April 11, 2015, 03:41:10 AM

Quote from: Mehek on April 11, 2015, 03:37:17 AM

its like fire and ice....if paypal starts accepting btc then either btc will destroyed or paypal will collaps

Neither will happen IMO , both will coexist. Bitcoin can't be destroyed its decentralized, none controls it if paypal was intending to destroy Bitcoin they would just acquire it and then destroy it. But wait its decentralized so they can't really do that.

Bitcoin really isn't going to destroy Paypal or vice versa. After all there will always be a need for payment processors. Worst comes to worst they can just become a competitor to bitpay and coinbase etc.

Oscilson

sr. member

Activity: 434

Merit: 250

Quote from: crazyivan on April 10, 2015, 02:50:19 PM

Quote from: trafficolaa on April 10, 2015, 01:52:39 PM

most of the members are waiting for it to paypal accept bitcoin as payment method but in near future it loooking impossible that is going to happen.

This is going to happen. Payza s already on board, Paypal s next. However, I think the right way of thinking is when BTC s going to replace Paypal and not when Paypal s going to accept BTC.

Bitcoin will not replace Paypal. Bitcoin is just a kind of money used through Paypal or coinbase. Visa or Master will also embrace bitcoin in the future.

ashour

sr. member

Activity: 490

Merit: 250

Quote from: Mehek on April 11, 2015, 03:37:17 AM

its like fire and ice....if paypal starts accepting btc then either btc will destroyed or paypal will collaps

Neither will happen IMO , both will coexist. Bitcoin can't be destroyed its decentralized, none controls it if paypal was intending to destroy Bitcoin they would just acquire it and then destroy it. But wait its decentralized so they can't really do that.

Mehek

full member

Activity: 154

Merit: 100

its like fire and ice....if paypal starts accepting btc then either btc will destroyed or paypal will collaps

BitcoinINV

sr. member

Activity: 448

Merit: 250

we want bitcoin to crash the paypal not to support it
if paypal accepting btc then btc is supporting them

The Chainmaker

member

Activity: 112

Merit: 10

It will happen.

We all want full btc integration sooner rather than later, but it is happening.

Q7

sr. member

Activity: 448

Merit: 250

I thought they already have that in place by putting braintreepayments in-charged of processing the payments on behalf of the merchants. That was probably like months ago, so I was wondering what's the difference with this one?

ashour

sr. member

Activity: 490

Merit: 250

IMO paypal should implement a bitcoin wallet to each paypal account. Instead of a bitpay version where btc is converted to usd wich causes a strong sell support . Paypal should really be carefull on how they will execute this.

tokeweed

legendary

Activity: 3976

Merit: 1421

Life, Love and Laughter...

I think this is bad for now, especially with BTC's price going lower. Who would want to hold a falling currency? They might sell it right away for USD making the price fall even further.

tokeweed

legendary

Activity: 3976

Merit: 1421

Life, Love and Laughter...

Quote from: redsn0w on April 11, 2015, 02:09:53 AM

PayPal will never start to use bitcoin, maybe not for all the purchase because it is so easy make a chargeback and all we know bitcoin and reversibility can't coexist because it is impossible to reverse a payment (I'm not talking about double-spend). What do you think between ETF and PayPal? Will these news push-up the price (because a lot if people will start to buy more bitcoin)? Or not?

Paypal.com itself may not start accepting Bitcoin, but Paypal the company created (? or acquired?) https://www.braintreepayments.com to give merchants the ability to accept Bitcoin.

redsn0w

legendary

Activity: 1778

Merit: 1043

#Free market

PayPal will never start to use bitcoin, maybe not for all the purchase because it is so easy make a chargeback and all we know bitcoin and reversibility can't coexist because it is impossible to reverse a payment (I'm not talking about double-spend). What do you think between ETF and PayPal? Will these news push-up the price (because a lot if people will start to buy more bitcoin)? Or not?

merve10495

sr. member

Activity: 448

Merit: 250

This has been coming up a lot for the past 3 years.
I think it's Paypals way of going "Oh yeah we'll get to it eventually"
Hoping that Bitcoin doesn't take over Paypal.

ABCbits

legendary

Activity: 2870

Merit: 7490

Crypto Swap Exchange

It's stupid to use bitcoin with paypal
You'll lose your privacy & paypal control over your bitcoin

And, top of that. You need to verify & do a lot of things which required a lot of time Angry