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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 32797. (Read 26630455 times)

member
Activity: 84
Merit: 10
re. paypal rumor:

a) You have to trust someone that breaks trust of company he works for and likely confidentiality obligations. And for what?

b) How is a company like PayPal going to "accept" business in bitcoin currently? Paypal has to consider the legal ramifications of doing this in every country in the world where it operates, and where the legality of bitcoin is not yet certain.

c) It would be much safer for PayPal to invest money in a company like BitPay to hedge its bets going forward but to separate its current business from a speculative investment in a 'currency' of questionable legality.

d) Do people really believe random rumors posted on internet message boards? Use your head!
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 1834
Merit: 1019
PayPal has hinted about this in videos months ago, the logic for a such a move is sound, the guy talks better than I would be able to fake about PayPal and lines up with what has been happening recently, he is offering to take wagers and post pic of access badge, and Vladamir knew about the ETF before it was announced and he has started his Country Gold Parity parties again......

Fuck it, I think it's happening. My fiat is on the move...

I've always wanted to follow an age-old trading maxim.

so here I am, buying on rumor, (maybe) selling on news
legendary
Activity: 2324
Merit: 1125
Leaker says Paypal announcing adoption of Bitcoin this month: http://www.reddit.com/r/Bitcoin/comments/1jn974/imminent_paypal_to_accept_bitcoin_official/
It'd be almost like if Microsoft would promote Linux.
You don't help your future killer, you fight him.


if you can't beat them join them, or die.
On second thought, I agree with you.
http://www.bloomberg.com/video/paypal-sees-20-billion-in-mobile-transactions-WlokACTBRterdjHAJGNB6w.html
It seems that PayPal may be just conscious of the future and will try to adopt it early.
Benefits of being a flexible private company and not a stubborn government.

If paypal adpots BTC we might see a huuuge price jump.

If paypal adopts Bitcoin they are a whole lot smarter than I gave them credit for. I was actually expecting Western Union to do it before them (but not soon). If Paypal accepts Bitcoin we will see a 10-fold increase minimum the weeks following the official announcement. Would be totally crazy and unexpected.

But crazy and unexpected is the middle name of Bitcoins history thus far, hasn't it? Wink
hero member
Activity: 756
Merit: 500
Part of it has to be demand from SD buyout.  I'm more curious as to why it fall all the way to 65.  Whoever that dump the coins made a not so wise move given the SD buyout.

I liquidated a lot of coins at 100 for a down payment of a house.  Damn my gf if that's true (she's the one who wants a house, I'm more than happy renting).
legendary
Activity: 1204
Merit: 1002
Gresham's Lawyer
If PP is even contemplating this, they and the people "in the know" would have been buying BTC since it began.  It is not as though SEC would care to get involved over insider trading, as SEC doesn't govern BTC.
Any sign of that buying happening...?
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
sr. member
Activity: 454
Merit: 250
PayPal has hinted about this in videos months ago, the logic for a such a move is sound, the guy talks better than I would be able to fake about PayPal and lines up with what has been happening recently, he is offering to take wagers and post pic of access badge, and Vladamir knew about the ETF before it was announced and he has started his Country Gold Parity parties again......

Fuck it, I think it's happening. My fiat is on the move...
legendary
Activity: 1834
Merit: 1019
I'm not sure if Paypal / Ebay is so forward looking.

The cynical me suggests I would go borrow all kinds of money and sweep up all the bitcoins I can find if I really do have the inside scoop.  After all, no one would know this 'insider' trade and there's no criminal punishment either.

we've talked about this for years. first mover advantage to the first large entity that embraces bitcoin
hero member
Activity: 756
Merit: 500
I'm not sure if Paypal / Ebay is so forward looking.

The cynical me suggests I would go borrow all kinds of money and sweep up all the bitcoins I can find if I really do have the inside scoop.  After all, no one would know this 'insider' trade and there's no criminal punishment either.
sr. member
Activity: 454
Merit: 250
Leaker says Paypal announcing adoption of Bitcoin this month: http://www.reddit.com/r/Bitcoin/comments/1jn974/imminent_paypal_to_accept_bitcoin_official/
It'd be almost like if Microsoft would promote Linux.
You don't help your future killer, you fight him.


if you can't beat them join them, or die.

I think its fair to say that msft (and appl) have combined 'beat' linux, at least in terms of home OS.

 It's more like VHS vs Digital downloads. So maybe PayPal wants to make a move to become Netflix.
full member
Activity: 168
Merit: 100
Leaker says Paypal announcing adoption of Bitcoin this month: http://www.reddit.com/r/Bitcoin/comments/1jn974/imminent_paypal_to_accept_bitcoin_official/
It'd be almost like if Microsoft would promote Linux.
You don't help your future killer, you fight him.


if you can't beat them join them, or die.

I think its fair to say that msft (and appl) have combined 'beat' linux, at least in terms of home OS.
sr. member
Activity: 454
Merit: 250
If he posts that pic of his access badge we might have a panic buy on our hands.
legendary
Activity: 1834
Merit: 1019
Leaker says Paypal announcing adoption of Bitcoin this month: http://www.reddit.com/r/Bitcoin/comments/1jn974/imminent_paypal_to_accept_bitcoin_official/
It'd be almost like if Microsoft would promote Linux.
You don't help your future killer, you fight him.


if you can't beat them join them, or die.
sr. member
Activity: 454
Merit: 250
Leaker says Paypal announcing adoption of Bitcoin this month: http://www.reddit.com/r/Bitcoin/comments/1jn974/imminent_paypal_to_accept_bitcoin_official/

It's just uncorroborated rumor at this stage.

Possibly, but he is offering to make wagers.

Having a bet on bitbet and betting against it would kind of be a 'good' 'hedge'.

Also possible.
sr. member
Activity: 454
Merit: 250
Quote from: reddit
It would be helpful if you could post something to prove that you have access to this information. For example, your employee access card (with your name and photo removed) together with a written note. Thanks.

   
Reality4you 1 point 2 minutes ago

He won't.

   

TheInsiderMan 1 point 5 minutes ago

Good idea. I can do this. Will have to black out any identifiers and then scrub the image of exif data. I don't have a problem doing this to verify my position. I'll do it.
hero member
Activity: 756
Merit: 500
Leaker says Paypal announcing adoption of Bitcoin this month: http://www.reddit.com/r/Bitcoin/comments/1jn974/imminent_paypal_to_accept_bitcoin_official/

It's just uncorroborated rumor at this stage.

Possibly, but he is offering to make wagers.

Having a bet on bitbet and betting against it would kind of be a 'good' 'hedge'.
sr. member
Activity: 454
Merit: 250
Leaker says Paypal announcing adoption of Bitcoin this month: http://www.reddit.com/r/Bitcoin/comments/1jn974/imminent_paypal_to_accept_bitcoin_official/

It's just uncorroborated rumor at this stage.

Possibly, but he is offering to make wagers.
legendary
Activity: 1834
Merit: 1019
Leaker says Paypal announcing adoption of Bitcoin this month: http://www.reddit.com/r/Bitcoin/comments/1jn974/imminent_paypal_to_accept_bitcoin_official/

unreal. it'd be of no cost to them to do so, and worth all the possible benefits, especially the benefit of protecting their business model from this disruptive tech. hell, they'd likely have resources that would realize bitcoin's success
hero member
Activity: 756
Merit: 500
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