Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 25928.

esse83

hero member

Activity: 545

Merit: 500

Quote from: grappa_barricata on September 08, 2014, 02:16:26 PM

Quote from: esse83 on September 08, 2014, 02:09:08 PM

Great news everybody! Braintree will allow paypal merchants to accept fiat via coinbase who takes bitcoin! Awesome =) That worked out so well for the price with the other merchants. But this is much bigger so whatever we have seen happening to the price so far should accelerate and completely wipe out all bids. Congratulations! Bitcoin made it.

No, they are adding support for a new currency. The conversion from one currency to the other, when involve BTC, will go through coinbase. That's all.

Yeah, what's the difference from newegg adding it? When I buy something using Braintree bitcoin is sold on coinbase, fiat is then sent to Braintree and then finally Braintree sends this money to the merchant. Sounds revolutionary.

bassclef

hero member

Activity: 924

Merit: 1000

The news hasn't really broken on any major outlets... "buy the rumor sell the news" may not even apply here. Good luck speculators.

ShroomsKit

hero member

Activity: 672

Merit: 500

Look at these idiots go! The best news in months and they start panic selling.
Bitcoin traders. Total fucking idiots. Excuse my French.

Sandia

full member

Activity: 182

Merit: 100

Quote from: ShroomsKit on September 08, 2014, 02:20:03 PM

And down we go.
Wtf will it take to go up nowadays?

No news and people dump.
Good news and people dump a lot.
Bad news and everybody dumps as much as they can.

Wait a few hours. I actually have a positive feeling. This might be the last dump.

dyland

full member

Activity: 238

Merit: 100

We must become the pitiless censors of ourselves.

Quote from: fonsie on September 08, 2014, 02:14:08 PM

Quote from: Chuckee on September 08, 2014, 02:02:44 PM

Smart money understands that this will create more sell pressure, hence the price is dropping already. Don't be a maroon and a bag holder, cut your loose.

Don't be a racist by telling people they are a maroon, please learn the meaning of the English language. You are looking like a moron.

crap, I didn't even realize the use he intended on this.

yeah man, -1 on the racist remark, but I still find the argument that this may put sell pressure on the back-end interesting.

adamstgBit

legendary

Activity: 1904

Merit: 1037

Trusted Bitcoiner

Quote from: yokosan on September 08, 2014, 02:20:36 PM

LOL at the people divesting right now. Have they not heard the news?

there selling the news....

yokosan

hero member

Activity: 700

Merit: 500

LOL at the people divesting right now. Have they not heard the news?

ChancellorOnABrink

newbie

Activity: 56

Merit: 0

Full video : http://techcrunch.com/video/cleaning-up-the-mobile-buying-experience-with-paypalbraintrees-bill-ready/518405858/

edit : Buy the rumor, sell the news but let's time to people to fully understand all the meaning

ShroomsKit

hero member

Activity: 672

Merit: 500

And down we go.
Wtf will it take to go up nowadays?

No news and people dump.
Good news and people dump a lot.
Bad news and everybody dumps as much as they can.

adamstgBit

legendary

Activity: 1904

Merit: 1037

Trusted Bitcoiner

seleme

legendary

Activity: 2772

Merit: 1028

Duelbits.com

Quote from: grappa_barricata on September 08, 2014, 02:16:26 PM

Quote from: esse83 on September 08, 2014, 02:09:08 PM

Great news everybody! Braintree will allow paypal merchants to accept fiat via coinbase who takes bitcoin! Awesome =) That worked out so well for the price with the other merchants. But this is much bigger so whatever we have seen happening to the price so far should accelerate and completely wipe out all bids. Congratulations! Bitcoin made it.

No, they are adding support for a new currency. The conversion from one currency to the other, when involve BTC, will go through coinbase. That's all.

If they link Paypal user accounts with Coinbase allowing them to buy through CB with user's PP money then... if you know what I mean..

Schickeria

member

Activity: 84

Merit: 10

Quote from: dyland on September 08, 2014, 02:11:36 PM

Quote from: Chuckee on September 08, 2014, 02:02:44 PM

Smart money understands that this will create more sell pressure, hence the price is dropping already. Don't be a maroon and a bag holder, cut your loose.

hmm that's actually a good point.

A better point is that 99% of all news are only good for momentum traders and they don't effect a mayor trend reversal. Is this one of the 1% news? We'll know it when entering the real resistances, and not by bouncing up in the lands of nowhere and nothing.

wachtwoord

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Activity: 2324

Merit: 1125

Quote from: dyland on September 08, 2014, 02:11:36 PM

Quote from: Chuckee on September 08, 2014, 02:02:44 PM

Smart money understands that this will create more sell pressure, hence the price is dropping already. Don't be a maroon and a bag holder, cut your loose.

hmm that's actually a good point.

No, it's not. It increases usability and therefore also value. The flaw in the above is the implicit assumption that 1. only people that already own Bitcoins will spend them and 2. They won't replace them. Both 1 and 2 are incorrect.

seleme

legendary

Activity: 2772

Merit: 1028

Duelbits.com

Price effect of this implementation depends weather Paypal will allow users to buy Bitcoin through it's platform.

If they do that, than it's nothing but moon with 150 million Paypal users.

If they don't allow it immediately, then there is going to be selling pressure, yes.

But whatever the effect is on the price short term, Paypal implementing Bitcoin means mainstream time baby, and that's nothing but bullish long term.

Sandia

full member

Activity: 182

Merit: 100

Things I learned in the last 5 minutes: wide adoption is bad for bitcoin.

I think a few people need time to close their shorts.

grappa_barricata

full member

Activity: 154

Merit: 100

playing pasta and eating mandolinos

Quote from: esse83 on September 08, 2014, 02:09:08 PM

Great news everybody! Braintree will allow paypal merchants to accept fiat via coinbase who takes bitcoin! Awesome =) That worked out so well for the price with the other merchants. But this is much bigger so whatever we have seen happening to the price so far should accelerate and completely wipe out all bids. Congratulations! Bitcoin made it.

No, they are adding support for a new currency. The conversion from one currency to the other, when involve BTC, will go through coinbase. That's all.

abercrombie

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Activity: 1159

Merit: 1001

Quote from: macsga on September 08, 2014, 01:41:50 PM

Pardon me ladies and gentlemen is this link: http://www.coindesk.com/paypal-video-sparks-rumors-potential-bitcoin-plans/ indicates that we go

CCMF!!!!!!!1 ??

Looks like Paypal doesn't want to let this market to slip away while Coinbase & Bitpay collect all the merchants.

fonsie

sr. member

Activity: 434

Merit: 250

Quote from: Chuckee on September 08, 2014, 02:02:44 PM

Smart money understands that this will create more sell pressure, hence the price is dropping already. Don't be a maroon and a bag holder, cut your loose.

Don't be a racist by telling people they are a maroon, please learn the meaning of the English language. You are looking like a moron.

adamstgBit

legendary

Activity: 1904

Merit: 1037

Trusted Bitcoiner

Quote from: spooderman on September 08, 2014, 02:12:43 PM

^ no it's not "bitcoin adoption causes price to crash" is FALSE.

Also...

https://www.youtube.com/watch?v=pF7HxLCFMeY&feature=youtu.be&t=8s

Anyone else creeped out by this?

yes, more or else everyone was like WWWAAAAAAAHHTTTT

spooderman

legendary

Activity: 1652

Merit: 1029

^ no it's not "bitcoin adoption causes price to crash" is FALSE.

Also...

https://www.youtube.com/watch?v=pF7HxLCFMeY&feature=youtu.be&t=8s

Anyone else creeped out by this?

Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 25928. (Read 26608508 times)