Author

Topic: Paypal wants to accept BTC now?? (Read 3594 times)

sr. member
Activity: 322
Merit: 250
Writing to dispel society's myths.
April 14, 2015, 11:49:41 AM
#67
Integrating 10 % didn't mean totaly accept BTC they could just do like Wordpress and leave this option
soon if they didn't made profits  Undecided .

Xing Ming.
hero member
Activity: 826
Merit: 1000
April 14, 2015, 12:38:37 AM
#66
They say paypal was a failed version of bitcoin.

Cause they intially was aiming what bitcoin can do for everyone, but this based on a interview with the Tesla dude, I forget his name. And points on paypals purpose and says some stuff about what he thinks.


edit: Elon Musk
hero member
Activity: 910
Merit: 1000
April 13, 2015, 03:35:08 PM
#65
Paypal stands against all what Bitcoin consitutes for. The anonymity is completely gone using Paypal as payment processor. It requires to register a credit card. The only advantage I can see is that Paypal will increase the Bitcoin price.

...
IMO when you're gonna use with paypal it will still be a large fee even if its bitcoin related.

Bitcoin is essentially a threat to Paypal's revenue system. I just see them as someone trying to manipulate the price to make it look weak. They haven't officially started accepting bitcoins for peer to peer transfers, and even if they do, they will never have a system which does not generate them revenue.
tyz
legendary
Activity: 3360
Merit: 1533
April 13, 2015, 03:07:41 PM
#64
Paypal stands against all what Bitcoin consitutes for. The anonymity is completely gone using Paypal as payment processor. It requires to register a credit card. The only advantage I can see is that Paypal will increase the Bitcoin price.

...
IMO when you're gonna use with paypal it will still be a large fee even if its bitcoin related.
hero member
Activity: 602
Merit: 500
April 11, 2015, 07:59:12 PM
#63
I think i read the paypal and bitcoin news last year

http://fortune.com/2014/06/05/paypal-bitcoin-future/

IMO when you're gonna use with paypal it will still be a large fee even if its bitcoin related.
legendary
Activity: 924
Merit: 1000
April 11, 2015, 02:39:33 PM
#62
IT would make sense why paypal would wnat to accept bitcoin. More customers, less fees than people paying with credit cards, and no worries of chargeback. It will make it a lot easier for support.
legendary
Activity: 1778
Merit: 1043
#Free market
April 11, 2015, 02:17:05 PM
#61
If you want to know another points of view, here another thread in the ronpaulforums's forum :

- http://www.ronpaulforums.com/showthread.php?472546-Why-Is-Bitcoin-Price-Not-Advancing-On-The-Paypal-Announcement

The title "Why Is Bitcoin Price Not Advancing On The Paypal Announcement?"


No one know the real situation :/ a difficult reply...
hero member
Activity: 518
Merit: 500
Trust me!
April 11, 2015, 02:13:00 PM
#60
The best thing they could do is just go ahead and offer their customers to accept Bitcoin if they want to do so. Bitcoin is in dire need of services that protect the customers when they're paying for something using BTC.
legendary
Activity: 812
Merit: 1000
April 11, 2015, 02:07:22 PM
#59
I heard it many times..,
but still waiting and keep waiting for it... Sad

SEC filing sounds promising.

I want to deposit BTC and withdraw bitcoin direct into my paypal wallet, waiting to hear news like this as it will change everything!
legendary
Activity: 1512
Merit: 1012
April 11, 2015, 01:54:53 PM
#58
I heard it many times..,
but still waiting and keep waiting for it... Sad

clear ...  Undecided
paypal have no balls ... even here credit card don't allow to spend the amount of account (bank credit only).
hero member
Activity: 910
Merit: 1000
April 11, 2015, 11:51:15 AM
#57
From what I heard they are only accepting it for merchants, so you still can't use it everywhere yet(which is the main advantage of paypal) . Also I get a feeling its to save/manipulate the falling price of Bitcoin in the past few days.
Thats what they also did when the price went sub 400 last year. Their news made the price jump to 450.
hero member
Activity: 714
Merit: 500
April 11, 2015, 10:11:38 AM
#56
Nice , we are now wating those big investisors ? that will be suck , Bitcoin price now can't be
judge as i through , may anytime shut down , or increase a lot . but will say that Paypal
didn't ` ReLife ` Bitcoin !

- Xing Ming .

They are the unique who can "pump" bitcoin, the news can't raise the price to 300-400 or 500 dollars. We should be realistic Wink. The paypal news will not raise the price (that's for sure) what is the real purpose of bitcoin "speculation" or "purchase" aka usage?
legendary
Activity: 1358
Merit: 1014
April 11, 2015, 09:57:44 AM
#55
I heard it many times..,
but still waiting and keep waiting for it... Sad
They made an advertisement months ago and they mentioned Bitcoin on it, so it has been in the works for at least 1+years.

Once I say "pay with BTC" in every ebay product, then I will call it a massive success.
sr. member
Activity: 322
Merit: 250
Writing to dispel society's myths.
April 11, 2015, 09:44:04 AM
#54
Nice , we are now wating those big investisors ? that will be suck , Bitcoin price now can't be
judge as i through , may anytime shut down , or increase a lot . but will say that Paypal
didn't ` ReLife ` Bitcoin !

- Xing Ming .
hero member
Activity: 714
Merit: 500
April 11, 2015, 09:37:50 AM
#53
This seem not to be a very important news , why ? Bitcoin users could already bought Bitcoin with Paypal ,
and we didn't see till now any transaction pumping , also the price still dumping to the hell .


- Xing Ming.

All the bitcoiners hope that a big player news will raise the price, but it seems that the positive news will not raise it anymore.The unique possibility is that a big investors (or a lot of big investors and speculator) will buy a lot of bitcoins (so they will create a 'pump').
hero member
Activity: 772
Merit: 500
April 11, 2015, 09:33:35 AM
#52
Its always on the news that paypal will accept bitcoin but nothing have materialize yet everything is just speculation but if that day comes it will change a lot.
sr. member
Activity: 322
Merit: 250
Writing to dispel society's myths.
April 11, 2015, 09:24:09 AM
#51
This seem not to be a very important news , why ? Bitcoin users could already bought Bitcoin with Paypal ,
and we didn't see till now any transaction pumping , also the price still dumping to the hell .


- Xing Ming.
hero member
Activity: 714
Merit: 500
April 11, 2015, 09:23:54 AM
#50
Yes Paypal accept Btc but not all  Roll Eyes , don't through this will take a long time and they will integrate it 70 % ,
the only motive is Bitcoin users if they made a number of profit for Paypal they might intergrate 100 %  Shocked .

Kind Of Respect ,
Bitcoin Boy .


Fixed post:

Yes Paypal accept *recognized Btc but not all  Roll Eyes , don't through this will take a long time and they will integrate it 70 % ,
the only motive is Bitcoin users if they made a number of profit for Paypal they might intergrate 100 %  Shocked .

It should pass a lot of year (2-3) before paypal will start to use bitcoin.
legendary
Activity: 3374
Merit: 1824
April 11, 2015, 09:18:23 AM
#49
I heard this news already a few times but still nothing happens.
In a way, paypal and bitcoin are the competition, so there is no clear reason why paypal should accept bitcoin.
In my case, I cash out my BTC earnings to paypal through VirWoX and this works perfectly well, without any problem, so I don't care if paypal ever accept BTC or not.

hero member
Activity: 854
Merit: 503
|| Web developer ||
April 11, 2015, 09:07:48 AM
#48
Yes Paypal accept Btc but not all  Roll Eyes , don't through this will take a long time and they will integrate it 70 % ,
the only motive is Bitcoin users if they made a number of profit for Paypal they might intergrate 100 %  Shocked .

Kind Of Respect ,
Bitcoin Boy .
member
Activity: 109
Merit: 10
April 11, 2015, 09:01:40 AM
#47
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. 


I don't think it will die so fast, do you know what the people want? A simple and easy method of payment, and bitcoin is still not really "user-friendly" this is one of the various reasons why people don't join the bitcoin world. There are a lot of people that don't know how to use a computer (or surf on internet) and we want a mainstream adoption? How much years 'has' "this type of economic" (in comparison with cryptocurrency _ only 5-10 years).

I was not saying bitcoin is going to take over tomorrow.....just agreeing that paypal is absolute garbage and bitcoin is superior (to be fair I cant think of a payment method inferior to shitpal.)  Also ebay is the absolute worst service these days.

I fully agree. Everyone using Painpal (or even worse using Painpal to accept Bitcoin) must be considered an idiot. Bitcoin is superior in all aspects, most importantly staying in full control of your funds. Painpal will die.

However it's true that Bitcoin is not readily adopted by the masses because it is a new concept. But that will change with time. In fact, Bitcoin allows for even better usability than Painpal, because there is no registration / conversion overhead.[/u]

ya.ya.yo!

It is obvious that I'm thinking the same, why I'm here Grin? You should convince all your friend and relative to start use also bitcoin for their online/physical purchase, maybe with the use of a credit card like (advcash,neteller, etc..).

I jumped the gun on that and the one's I convinced are not happy lol (although one uses btc for gambling on occasion, but we won't go there.)

Keep this in mind, at my old job you would get a discount if you paid in full, and another one with an ach transfer.  People would constantly pay and full and use a credit card as opposed to the discount for the ach transfer due to getting rewards, that were greater than the  discount.  For bitcoin to be implemented to catch those crowds (the people that have money, or just the smarter general public) would have to give a discount that matches or is better than the money the customer saves.

Good for not needing cashier's checks or not having to wait for ach, but that is only if you already have bitcoin, or funds on an exchange to begin with. 
legendary
Activity: 1540
Merit: 1000
April 11, 2015, 08:30:20 AM
#46
Stop posting this shit, it's paypal trying to get on the Bitcoin hype train again, until you see actual options in their normal accounts for accepting Bitcoin stop posting this crap up everywhere.

There is no bitcoin hype train at the moment. Paypal can hyper bitcoin to some extent to help its adoption.

They're deliberately posting this crap up to try and sucker people like you in, of course there's hype for Bitcoin otherwise they wouldn't be pulling this shit every month of every week.

I am in bitcoin not because of Paypal. Paypal is more established than bitcoin. Look at the price of bitcoin at the moment. I hope Paypal can help the adoption with its commercial power.

How much are they paying you to say that? Look obviously Bitcoin is a smaller market because of how young it is but the way people are trying to hype this up on the board every time a news story is posted makes me suspicious.
sr. member
Activity: 434
Merit: 250
April 11, 2015, 08:14:11 AM
#45
Stop posting this shit, it's paypal trying to get on the Bitcoin hype train again, until you see actual options in their normal accounts for accepting Bitcoin stop posting this crap up everywhere.

There is no bitcoin hype train at the moment. Paypal can hyper bitcoin to some extent to help its adoption.

They're deliberately posting this crap up to try and sucker people like you in, of course there's hype for Bitcoin otherwise they wouldn't be pulling this shit every month of every week.

I am in bitcoin not because of Paypal. Paypal is more established than bitcoin. Look at the price of bitcoin at the moment. I hope Paypal can help the adoption with its commercial power.
legendary
Activity: 1540
Merit: 1000
April 11, 2015, 08:12:02 AM
#44
Stop posting this shit, it's paypal trying to get on the Bitcoin hype train again, until you see actual options in their normal accounts for accepting Bitcoin stop posting this crap up everywhere.

There is no bitcoin hype train at the moment. Paypal can hyper bitcoin to some extent to help its adoption.

They're deliberately posting this crap up to try and sucker people like you in, of course there's hype for Bitcoin otherwise they wouldn't be pulling this shit every month of every week.
sr. member
Activity: 434
Merit: 250
April 11, 2015, 08:09:08 AM
#43
Stop posting this shit, it's paypal trying to get on the Bitcoin hype train again, until you see actual options in their normal accounts for accepting Bitcoin stop posting this crap up everywhere.

There is no bitcoin hype train at the moment. Paypal can hyper bitcoin to some extent to help its adoption.
legendary
Activity: 1540
Merit: 1000
April 11, 2015, 08:03:37 AM
#42
Stop posting this shit, it's paypal trying to get on the Bitcoin hype train again, until you see actual options in their normal accounts for accepting Bitcoin stop posting this crap up everywhere.
sr. member
Activity: 434
Merit: 250
April 11, 2015, 08:03:04 AM
#41
Why would someone use bitcoin through paypal, doesn't it have ridiculous fees? Something bitcoin was made to avoid.

Maybe for buyer's protection if Paypal can extract the coins from seller of goods. I wonder all the sellers who accept bitcoin would have to have fiat account as collateral.
full member
Activity: 184
Merit: 100
Bitcoin FTW!
April 11, 2015, 08:01:23 AM
#40
Agree heard about this couple times. Still theory, nothing existing in reality when it comes to payal with bitcoin
legendary
Activity: 3052
Merit: 1273
April 11, 2015, 07:56:02 AM
#39
Seems to be unbelievable as have been waiting for this to happen, and for those who think fees will be much higher, I don't think that they might be charging anything more than miner's fee as we aren't using any card and sending BTC through wallets.

that is big news for paypal users so bitcoin going to be most demanding crypto currency after this adoption, well i am also waiting for this.

Just hope that this might not be the "blah-blah only" talks and must turn into reality in no time, so to give BTC its true value.
hero member
Activity: 602
Merit: 500
April 11, 2015, 07:51:09 AM
#38

As long as its a gateway to accept bitcoin payments with no conversions,which is already what we're doing,
but whats the purpose of paypal here,there goes the privacy,the anonimity,more verifications,more fees,more bueracracy witholding payments..etc
legendary
Activity: 1050
Merit: 1000
April 11, 2015, 07:48:13 AM
#37
Seems to be unbelievable as have been waiting for this to happen, and for those who think fees will be much higher, I don't think that they might be charging anything more than miner's fee as we aren't using any card and sending BTC through wallets.

that is big news for paypal users so bitcoin going to be most demanding crypto currency after this adoption, well i am also waiting for this.
legendary
Activity: 3052
Merit: 1273
April 11, 2015, 07:36:51 AM
#36
Seems to be unbelievable as have been waiting for this to happen, and for those who think fees will be much higher, I don't think that they might be charging anything more than miner's fee as we aren't using any card and sending BTC through wallets.
legendary
Activity: 1778
Merit: 1043
#Free market
April 11, 2015, 07:33:18 AM
#35
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. 


I don't think it will die so fast, do you know what the people want? A simple and easy method of payment, and bitcoin is still not really "user-friendly" this is one of the various reasons why people don't join the bitcoin world. There are a lot of people that don't know how to use a computer (or surf on internet) and we want a mainstream adoption? How much years 'has' "this type of economic" (in comparison with cryptocurrency _ only 5-10 years).

I was not saying bitcoin is going to take over tomorrow.....just agreeing that paypal is absolute garbage and bitcoin is superior (to be fair I cant think of a payment method inferior to shitpal.)  Also ebay is the absolute worst service these days.

I fully agree. Everyone using Painpal (or even worse using Painpal to accept Bitcoin) must be considered an idiot. Bitcoin is superior in all aspects, most importantly staying in full control of your funds. Painpal will die.

However it's true that Bitcoin is not readily adopted by the masses because it is a new concept. But that will change with time. In fact, Bitcoin allows for even better usability than Painpal, because there is no registration / conversion overhead.[/u]

ya.ya.yo!

It is obvious that I'm thinking the same, why I'm here Grin? You should convince all your friend and relative to start use also bitcoin for their online/physical purchase, maybe with the use of a credit card like (advcash,neteller, etc..).
legendary
Activity: 1806
Merit: 1024
April 11, 2015, 07:31:03 AM
#34
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. 


I don't think it will die so fast, do you know what the people want? A simple and easy method of payment, and bitcoin is still not really "user-friendly" this is one of the various reasons why people don't join the bitcoin world. There are a lot of people that don't know how to use a computer (or surf on internet) and we want a mainstream adoption? How much years 'has' "this type of economic" (in comparison with cryptocurrency _ only 5-10 years).

I was not saying bitcoin is going to take over tomorrow.....just agreeing that paypal is absolute garbage and bitcoin is superior (to be fair I cant think of a payment method inferior to shitpal.)  Also ebay is the absolute worst service these days.

I fully agree. Everyone using Painpal (or even worse using Painpal to accept Bitcoin) must be considered an idiot. Bitcoin is superior in all aspects, most importantly staying in full control of your funds. Painpal will die.

However it's true that Bitcoin is not readily adopted by the masses because it is a new concept. But that will change with time. In fact, Bitcoin allows for even better usability than Painpal, because there is no registration / conversion overhead.

ya.ya.yo!
legendary
Activity: 1778
Merit: 1043
#Free market
April 11, 2015, 07:30:46 AM
#33
Why would someone use bitcoin through paypal, doesn't it have ridiculous fees? Something bitcoin was made to avoid.

It's not about the fees and use, it's about adoption I guess... Wink

Yes obviously it is only an adoption purpose, there are a lot of merchant oon ebay and other online store that are accepting paypal as method of payment. Maybe if paypal will (really) add it as other option (the fee will otherwise be very low 'respect their actual fees') and the people will start to use 'bitcoin'.
legendary
Activity: 1246
Merit: 1000
!!! RiSe aBovE ThE StoRm !!!
April 11, 2015, 07:28:54 AM
#32
Why would someone use bitcoin through paypal, doesn't it have ridiculous fees? Something bitcoin was made to avoid.

It's not about the fees and use, it's about adoption I guess... Wink
legendary
Activity: 2044
Merit: 1008
April 11, 2015, 07:27:22 AM
#31
Why would someone use bitcoin through paypal, doesn't it have ridiculous fees? Something bitcoin was made to avoid.
member
Activity: 109
Merit: 10
April 11, 2015, 07:16:35 AM
#30
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. 


I don't think it will die so fast, do you know what the people want? A simple and easy method of payment, and bitcoin is still not really "user-friendly" this is one of the various reasons why people don't join the bitcoin world. There are a lot of people that don't know how to use a computer (or surf on internet) and we want a mainstream adoption? How much years 'has' "this type of economic" (in comparison with cryptocurrency _ only 5-10 years).

I was not saying bitcoin is going to take over tomorrow.....just agreeing that paypal is absolute garbage and bitcoin is superior (to be fair I cant think of a payment method inferior to shitpal.)  Also ebay is the absolute worst service these days.
legendary
Activity: 1778
Merit: 1043
#Free market
April 11, 2015, 07:02:07 AM
#29
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. 


I don't think it will die so fast, do you know what the people want? A simple and easy method of payment, and bitcoin is still not really "user-friendly" this is one of the various reasons why people don't join the bitcoin world. There are a lot of people that don't know how to use a computer (or surf on internet) and we want a mainstream adoption? How much years 'has' "this type of economic" (in comparison with cryptocurrency _ only 5-10 years).
tyz
legendary
Activity: 3360
Merit: 1533
April 11, 2015, 06:59:18 AM
#28
Right step ahead. But as I read some weeks ago is that Paypal will not offer buyer protection for Bitcoin payments. So, it's still a risky thing to buy/sell Bitcoins using Paypal.

member
Activity: 109
Merit: 10
April 11, 2015, 06:56:18 AM
#27
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. 
legendary
Activity: 896
Merit: 1000
April 11, 2015, 06:22:13 AM
#26
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.
legendary
Activity: 1778
Merit: 1043
#Free market
April 11, 2015, 05:49:18 AM
#25
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).
hero member
Activity: 587
Merit: 500
April 11, 2015, 05:14:08 AM
#24
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
hero member
Activity: 798
Merit: 1000
LIR Dev. www.letitride.io
April 11, 2015, 05:04:56 AM
#23
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....
newbie
Activity: 24
Merit: 0
April 11, 2015, 04:57:55 AM
#22
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.
sr. member
Activity: 434
Merit: 250
April 11, 2015, 04:34:06 AM
#21
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.
sr. member
Activity: 490
Merit: 250
April 11, 2015, 03:41:10 AM
#20
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.
full member
Activity: 154
Merit: 100
April 11, 2015, 03:37:17 AM
#19
its like fire and ice....if paypal starts accepting btc then either btc will destroyed or paypal will collaps
sr. member
Activity: 448
Merit: 250
April 11, 2015, 03:13:58 AM
#18
we want bitcoin to crash the paypal not to support it
if paypal accepting btc then btc is supporting them
member
Activity: 112
Merit: 10
April 11, 2015, 03:11:49 AM
#17
It will happen. 

We all want full btc integration sooner rather than later, but it is happening.
Q7
sr. member
Activity: 448
Merit: 250
April 11, 2015, 03:09:31 AM
#16
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?
sr. member
Activity: 490
Merit: 250
April 11, 2015, 02:42:24 AM
#15
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.
legendary
Activity: 3976
Merit: 1421
Life, Love and Laughter...
April 11, 2015, 02:28:23 AM
#14
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.
legendary
Activity: 3976
Merit: 1421
Life, Love and Laughter...
April 11, 2015, 02:24:30 AM
#13
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.
legendary
Activity: 1778
Merit: 1043
#Free market
April 11, 2015, 02:09:53 AM
#12
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?
sr. member
Activity: 448
Merit: 250
April 11, 2015, 01:23:54 AM
#11
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.
legendary
Activity: 2870
Merit: 7490
Crypto Swap Exchange
April 11, 2015, 01:19:29 AM
#11
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
Coinbase & bitPay still better
full member
Activity: 154
Merit: 100
April 11, 2015, 12:37:20 AM
#10
paypal is not safe for bitcoin because they has the transaction reverse facility so they can be harmful for the trading
newbie
Activity: 37
Merit: 0
legendary
Activity: 3248
Merit: 1070
April 10, 2015, 03:37:21 PM
#8
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 an old news and they basically confirmed it(the ceo was speaking at that time), they are just waiting for more security integration before adding bitcoin to their system
legendary
Activity: 1652
Merit: 1007
DMD Diamond Making Money 4+ years! Join us!
April 10, 2015, 02:50:19 PM
#7
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.
legendary
Activity: 1008
Merit: 1000
April 10, 2015, 01:52:39 PM
#6
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.
full member
Activity: 126
Merit: 100
April 10, 2015, 01:22:44 PM
#5
I heard it many times..,
but still waiting and keep waiting for it... Sad

SEC filing sounds promising.
legendary
Activity: 2044
Merit: 1075
Leading Crypto Sports Betting & Casino Platform
April 10, 2015, 01:20:39 PM
#4
I heard it many times..,
but still waiting and keep waiting for it... Sad
full member
Activity: 126
Merit: 100
April 10, 2015, 01:10:52 PM
#3
This belongs in service discussions. You can move the topic at the bottom.

You're right. Done.
sr. member
Activity: 434
Merit: 252
April 10, 2015, 01:08:26 PM
#2
This belongs in service discussions. You can move the topic at the bottom.
Jump to: