Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 25933.

JorgeStolfi

hero member

Activity: 910

Merit: 1003

Quote from: hyphymikey on September 08, 2014, 11:26:28 AM

Overstock, Expedia, and Newegg are retail places that SELL the coins people spend, PayPal is person to person where people have to BUY bitcoin to send. Not all of those people will then sell coins, therefore there would be buying pressure where with the other there is selling.
It's not that hard to understand.

Actually most businesses that "accept bitcoin" accept through Coinbase/Bitpay, and they sell the bitoins. If the Paypal announcement is legit (and is about bitcoin), isn't PayPal simply competing with Coinbase/Bitpay?

If that is the case, Coinbase/Bitpay will be in trouble.

edwardspitz

sr. member

Activity: 546

Merit: 250

Shorts on Bitfinex almost up by 1000 BTC today and is now at 9960 BTC in total. Shorting 1000 BTC at this price level... talk about confident bears Shocked

fonzie

hero member

Activity: 504

Merit: 500

Moderator

Quote from: Hunyadi on September 08, 2014, 01:18:01 PM

Quote from: fonzie on September 08, 2014, 01:14:24 PM

Finally we reached 5 digits in shorts on Bitfinex!

Rally is going to be pretty explosive.

Their ask side says so.

Hunyadi

legendary

Activity: 1281

Merit: 1000

☑ ♟ ☐ ♚

Quote from: fonzie on September 08, 2014, 01:14:24 PM

Finally we reached 5 digits in shorts on Bitfinex!

Rally is going to be pretty explosive.

adamstgBit

legendary

Activity: 1904

Merit: 1037

Trusted Bitcoiner

Quote from: ChancellorOnABrink on September 08, 2014, 01:13:57 PM

Quote from: empowering on September 08, 2014, 01:05:47 PM

Bill Ready of PayPal (Braintree) is on in 10 -15 ish mins.... be interesting to see if he says anything.. he is only on for 10 mins

They have some delay
Is still :

Quote

10:30am – 10:50am

Fireside Chat with Elizabeth Holmes (Theranos) Moderated by Jon Shieber

But i expect the"Special Announcement" is a part of the Bill time

so,because they are so far behind, its in about 1 hour now?

fonzie

hero member

Activity: 504

Merit: 500

Moderator

Finally we reached 5 digits in shorts on Bitfinex!

ChancellorOnABrink

newbie

Activity: 56

Merit: 0

Quote from: empowering on September 08, 2014, 01:05:47 PM

Bill Ready of PayPal (Braintree) is on in 10 -15 ish mins.... be interesting to see if he says anything.. he is only on for 10 mins

They have some delay
Is still :

Quote

10:30am – 10:50am

Fireside Chat with Elizabeth Holmes (Theranos) Moderated by Jon Shieber

But i expect the"Special Announcement" is a part of the Bill time

adamstgBit

legendary

Activity: 1904

Merit: 1037

Trusted Bitcoiner

i fully expect some dumps back to 470 after this.

place your bids!

wachtwoord

legendary

Activity: 2324

Merit: 1125

Quote from: Chuckee on September 08, 2014, 01:00:09 PM

Only a maroon would invest their money here. Bitcoin continues to make lower highs and lower lows, to the point that $475 is supposed to make us excited now? Shocked

The news (and the value) is what has us excited. Price will inevitably follow at some point ....

jofus87

member

Activity: 85

Merit: 10

Quote from: thefunkybits on September 08, 2014, 01:07:20 PM

Quote from: empowering on September 08, 2014, 01:05:47 PM

Bill Ready of PayPal (Braintree) is on in 10 mins.... be interesting to see if he says anything.. he is only on for 10 mins

You got a link?

http://techcrunch.com/events/disrupt-sf-2014/live-video/

empowering

legendary

Activity: 1078

Merit: 1441

Quote from: thefunkybits on September 08, 2014, 01:07:20 PM

Quote from: empowering on September 08, 2014, 01:05:47 PM

Bill Ready of PayPal (Braintree) is on in 10 mins.... be interesting to see if he says anything.. he is only on for 10 mins

You got a link?

http://techcrunch.com/events/disrupt-sf-2014/live-video/

11:15am – 11:25am (Pacific Time)

In Conversation with Bill Ready (Braintree/Paypal)

thefunkybits

legendary

Activity: 1218

Merit: 1000

Quote from: empowering on September 08, 2014, 01:05:47 PM

Bill Ready of PayPal (Braintree) is on in 10 mins.... be interesting to see if he says anything.. he is only on for 10 mins

You got a link?

mmitech

legendary

Activity: 1148

Merit: 1001

things you own end up owning you

Relax guys, I am not here to tell you what will happen, but I am here to tell you that whatever will happen it wont be that surprising, you know what they say "it hurts when least expected" but this was expected for months now...

stop worrying and come drop some Litecoins on Liteluck try throwing the dice of your luck Grin

empowering

legendary

Activity: 1078

Merit: 1441

Bill Ready of PayPal (Braintree) is on in 10 -15 ish mins.... be interesting to see if he says anything.. he is only on for 10 mins

hyphymikey

hero member

Activity: 784

Merit: 1000

Where did all the Bears go that were here like an hour ago? Do they go into hibernation when the price goes up $20?

If we cross 480 on stamp and don't retrace back below it, Bulls win this dip and sellers sold for nothing, again.

Hunyadi

legendary

Activity: 1281

Merit: 1000

☑ ♟ ☐ ♚

Quote from: AmazonStuff on September 08, 2014, 12:59:39 PM

Quote from: gizmoh on September 08, 2014, 12:51:36 PM

Verge of Breakout.. Today is Full MOON Grin

http://recode.net/2014/09/08/ebay-payments-unit-braintree-to-let-merchants-accept-bitcoin/

September 8, 2014, 9:43 AM PDT

Braintree, the eBay subsidiary that runs a payment system used by popular mobile apps, plans to announce that its customers can start accepting bitcoin, according to two sources.

The move would allow websites and apps that run payments through Braintree (part of eBay’s PayPal) to start accepting bitcoin as a payment method, these people said. Braintree’s most popular customers include Uber, Airbnb and HotelTonight. It’s not clear which, if any, of these customers will choose to accept the digital currency.

The move is not expected to extend to PayPal or eBay, at least for now. One source said Braintree is working with bitcoin company Coinbase to process the bitcoin payments.

Braintree is expected to announce the news in the near future — perhaps as early as today. The Wall Street Journal first reported that Braintree was in talks with bitcoin companies to accept the digital currency.

A bitcoin is generated when computers running specialized software solve complex mathematical equations. It has gained popularity over the past year as speculators have bought the currency with the hope that its value will increase over time. Some well-known companies, including Dell and Overstock.com, have also started to accept bitcoin as a payment method. Bitcoin is currently valued at about $476, after soaring above $1100 late last year.

This means absolutely nothing. It's not a significant news at all, it will not produce buying nor selling pressure, it will just produce a small playground for speculators to play 1-2 day game with a small fluctuation.

Chuckee

member

Activity: 70

Merit: 10

Only a maroon would invest their money here. Bitcoin continues to make lower highs and lower lows, to the point that $475 is supposed to make us excited now? Shocked

Cut your loose now! That's my advice.

AmazonStuff

hero member

Activity: 628

Merit: 500

Quote from: gizmoh on September 08, 2014, 12:51:36 PM

Verge of Breakout.. Today is Full MOON Grin

http://recode.net/2014/09/08/ebay-payments-unit-braintree-to-let-merchants-accept-bitcoin/

September 8, 2014, 9:43 AM PDT

Braintree, the eBay subsidiary that runs a payment system used by popular mobile apps, plans to announce that its customers can start accepting bitcoin, according to two sources.

The move would allow websites and apps that run payments through Braintree (part of eBay’s PayPal) to start accepting bitcoin as a payment method, these people said. Braintree’s most popular customers include Uber, Airbnb and HotelTonight. It’s not clear which, if any, of these customers will choose to accept the digital currency.

The move is not expected to extend to PayPal or eBay, at least for now. One source said Braintree is working with bitcoin company Coinbase to process the bitcoin payments.

Braintree is expected to announce the news in the near future — perhaps as early as today. The Wall Street Journal first reported that Braintree was in talks with bitcoin companies to accept the digital currency.

A bitcoin is generated when computers running specialized software solve complex mathematical equations. It has gained popularity over the past year as speculators have bought the currency with the hope that its value will increase over time. Some well-known companies, including Dell and Overstock.com, have also started to accept bitcoin as a payment method. Bitcoin is currently valued at about $476, after soaring above $1100 late last year.

This means absolutely nothing. It's not a significant news at all, it will not produce buying nor selling pressure, it will just produce a small playground for speculators to play 1-2 day game with a small fluctuation.

ChartBuddy

legendary

Activity: 2380

Merit: 1823

1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ

Explanation

adamstgBit

legendary

Activity: 1904

Merit: 1037

Trusted Bitcoiner

when it rains it pours

Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 25933. (Read 26608840 times)