Bitcoin Forum

Economy => Speculation => Topic started by: The Bad Guy on October 02, 2014, 05:30:35 PM



Title: Paypal Helping Bitcoin => Bitcoin price will rise ?
Post by: The Bad Guy on October 02, 2014, 05:30:35 PM
I guess all of you saw that video where Paypal says "magical money"  & "bitcoin" ... after I asked them on their Facebook page they linked me to this thread https://www.paypal-community.com/t5/PayPal-Forward/PayPal-and-Virtual-Currency/ba-p/828230

I'am new on Bitcoin , and I don't know much really ... does this mean that the price of BTC will rise ? when more companies use it ?


Title: Re: Paypal Helping Bitcoin => Bitcoin price will rise ?
Post by: JohnnyBTC on October 02, 2014, 05:49:11 PM
more adoption should always equal an increase in price, but there are too many other factors keeping it down at the momento


Title: Re: Paypal Helping Bitcoin => Bitcoin price will rise ?
Post by: The Bad Guy on October 02, 2014, 06:02:30 PM
more adoption should always equal an increase in price, but there are too many other factors keeping it down at the moment


Factors like what ?? Share your knowledge please  :-X


Title: Re: Paypal Helping Bitcoin => Bitcoin price will rise ?
Post by: ivanovasmd on October 02, 2014, 06:17:42 PM
more adoption should always equal an increase in price, but there are too many other factors keeping it down at the moment


Factors like what ?? Share your knowledge please  :-X

Common folk still dont see a big reason to use BTC for what can be equally done with fiat. Most people don't have fiat laying around to risk on BTC when the price is so volatile, and buying BTC is the only way to make BTC besides selling for BTC, most peopel aren't in a safe place to sell for BTC because its too experimental of a thing to do.


Title: Re: Paypal Helping Bitcoin => Bitcoin price will rise ?
Post by: allthingsluxury on October 02, 2014, 06:28:57 PM
It certainly is a big story, I don't see it hurting, but only growing the fundamentals for bitcoin. The long term picture for bitcoin is positive.


Title: Re: Paypal Helping Bitcoin => Bitcoin price will rise ?
Post by: moriartybitcoin on October 02, 2014, 06:29:27 PM
It will not rise - NO MATTER WHAT - until the institutional players who are manipulating the price through short-selling allow it to rise.