Bitcoin Forum

Paypal/eBay CEO made it official today that the company will start accepting bitcoins as payment! Another big victory for bitcoin. We should see a rally this week!

http://www.bitcoinvalues.net/ebays-paypal-accepting-bitcoins-via-coinbase.html

This is awesome news now we can really say "Bitcoin to the MOON"  8)

Holy FUCK. So we will see a BTC button EVERYWHERE in eBay articles?

Braintree actually, not Paypal, but same group.

Huge news, time to buy more coins before it's too late.

Good good news, this is what I've been waiting for!  ;D

Time to drink some champagne to this  8)

I have heard this news yesterday and that was great!

Very cool, now waiting for btc price to jump up, buying bitcoins now :P

Will be offered a discount paying with Bitcoin?  :o

This is from Monday, not today.

This is amazing news. I honestly did not think we would see this kind of news to be honest this soon but very glad we did. It's great for bitcoin as it's potential for others to follow in suit a little later.

I think this is actually a couple of days old. I think this will cause overall bitcoin adoption by the public to increase as this will add a lot of places that bitcoin can essentially be accepted. On the flip side it will also likely cause some short term selling pressure due to the fact that eBay will be essentially selling all of the bitcoin people use to pay them.

Its also just an option and IMO dealing paypal with bitcoin is like selling your details already.

Tittle is misleading, good news but misleading.

Yeah, we are not quite there, bitcoin should be fully integrated into ebay, there is really nothing preventing this except politic.
Bitcoin is perfect for ebay.

Yaaay.  That wasn't so hard was it?  Now we just need to blow this service up so other large business take notice and follow suit!  I"m going to have to take a step back and clear my mind to really process this bit of news.   :o

Niiiiiice :)

Great news, I told it also to my wife who doesn't know almost anything about bitcoins.

so easy to spend bitcoin but hard to get them, how is that cool and nice? Price will just go down more

This news was so huge and viral that now it's just old and the traders aren't affected by it anymore.

Actually bitcoin would make it very easy to scam on ebay. In order for the buyer to be sufficiently protected when buying on eBay the buyer needs to have the ability to dispute the sale within a certain amount of time if the product they buy does not arrive or is defective.

Also you can use whatever method of payment you want to and the seller agree to when you buy something.

When this officially happens, i'll but champagne with BTC and celebrate as the trend towards ATH starts again.

I really hope that this will happen soon.
Such thing will really impact value and popularity of bitcoin a lot.
Bitcoin is on the way to become mainstream :)

That was a huge news, bigger than the Dell / Overstock ones!

It will still pass lots of time that something will actually happen. There was only promises so far.

This is true. The seller is able to accept any form of payment he wishes. He will likely not receive much interest in his auction if he only accepts a payment method that is difficult to use.

that was possible before too, with a CC with BTC like Xapo.

there is just little demand for that. i guess, first when people find out that $500 for a BTC is like the highest possible price, they will start trading it and not hording and BTC is going to survive a little longer.

they need to rush it or they will lose the opportunity to earn lots of $.

You know, I heard Tiger Direct was accepting bitcoins too but when I checked out the other day I did not see the option to pay with BTC. Could it be they just accept it so they can get the business of crypto miners and don't really want to in general?

If they are paying to exchange it immediately, that probably sucks the profit out of it. I never really realized how high the fees were at Coinbase until I purchased a significant amount. Must they butt rape us so?

Fixed that sentence.

Ebay is already full of scammers as it is.

If other measures are not put in place the adoption of btc will only make it easier.

Exactly, scams in ebay happen daily. Dont kill the messenger.

I think you are probably right about people scamming on ebay with bitcoin. I think it would create incentives for people to try to buy/sell (or hack) accounts with a lot of trades and auction something off that is high value. Since it is generally difficult to tell the value of past trades it would be difficult to tell what is happening.

Going to wait and see how this will be implemented.

But this is definitely a win for bitcoin

no, it is a win for paypal.

Don't be silly.
It's a win for bitcoin but it may fire back because of scammers.

Let's see what measures they put in place.

Anyone here used paypal for btc?

I don't think that it is implemented yet, but they will surely do it in the near future.

You mean to buy btc?

I agree. I think this will get more people to use their bitcon via paypal which will result in more people using paypal and more paypal fees for ebay. I somewhat doubt that more people will use bitcon as a result of this

Paypal openly said that paypal merchants are now accepting bitcoins.

Good news for bitcoiners. Let us see the effect of this news in the coming weeks.

I have a question: Paypal charges fees right? How about the idea of low fees from bitcoin? Would it be ruined by Paypal or not? Would the idea of low transaction fees be compromised by this system?

Great news... finally i be able to buy some stuff that i really wanted

How do we know that this is official?

http://www.forbes.com/sites/ryanmac/2014/09/23/paypal-takes-small-step-toward-bitcoin-partners-with-cryptocurrency-processors/

The above news article written by forbes (which is extremely reputable)

It is official but I havent read anything about paypal-bitcoin users right now.

Everyone is rambling about Paypal/eBay accepting Bitcoin for months now, while im yet to see a way to accept Bitcoin in my business which is run in Paypal. When we will be actually able to use it?

The fees would have to be absorbed by the merchants. Low transactions fees would only be applicable if you directly purchase goods from the vendor.

This is strange that this king of great news didn't push the price up.
What do you think about that ?

In theory, PP could offer less fees if someone were to pay for something on PP's platform but funded the transaction with bitcoin. PP would have less risk because of the lack of the ability to charge back the payment method they used to fund their PP account

this proves that bitcoin as currency cryptocurrency already acceptable in most of the international payment system like paypal and ebay, I hope it can last a long time, now stay on the product manufacturers, whether they want to accept bitcoin as a means of payment in the deal ... hopefully international payment system that others can follow in the footsteps paypal and ebay ...  8)

I think paypal accepting bitcoin will help the community so much as it will be a safe and easy way to use bitcoins

When the bears are in action, good news can't do much.