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12741  Economy / Speculation / Re: My 'vast' BTC hodl on PayPal on: October 23, 2020, 06:40:07 PM
Now as an update I purchased more. You can see I fill my PayPal account with 50.00+51.32 = 101.32 with rebates from retailmenot.com
I then used 61.32 to make 3 purchases  I have 40 usd in PayPal and 61.72 in btc a very small uptick in btc since I purchased

as I am worth 101.72 up from 101.32

12742  Economy / Speculation / Re: My 'vast' BTC hodl on PayPal on: October 23, 2020, 06:37:32 PM
Now I want to show a few reasons why I like this.

block

653990 https://www.blockchain.com/btc/block/00000000000000000005210c76d26372c4f24ddb5e42774ca61392dc8f0582ca.  1.50 in fees


653989 https://www.blockchain.com/btc/block/00000000000000000006b6b35de0f63a5e2e9e97d2f79d2f91e85f7274c7667f    1.54 in fees

653988 https://www.blockchain.com/btc/block/000000000000000000048f9d4c1107bfcc5e5d4221b80675c97cf2c94a71604f    1.62 in fees

653987 https://www.blockchain.com/btc/block/000000000000000000097c34c6c6c7683689109696c86e0c8edd52099f6be9c5  1.02 in fees

653986 https://www.blockchain.com/btc/block/00000000000000000001d9a790b9055b636c9bf87dc142e37903def251fe3ac9  0.797 in fees



See what is happening movement of coins  = huge fees

I did a bing search yesterday

"PayPal and BTC".   25,100,000. hits

today 36,800,000 hits




93-106 Of 37,400,000 Results Any time ------------------ actually more in under 2 minutes time to set up post!!
Bitcoin prices surge after Paypal jumps into the ...

https://www.cnn.com/2020/10/21/investing/paypal-bitcoin-cryptocurrencies/index.html
2 days ago · PayPal is launching its own cryptocurrency service, allowing people to buy, hold and sell digital currency on its site and applications.
PayPal allows Bitcoin and crypto spending - BBC News

https://www.bbc.co.uk/news/technology-54630283
2 days ago · PayPal has entered the cryptocurrency market, announcing that its customers will be able to buy and sell Bitcoin and other virtual currencies using their PayPal accounts.
PayPal Finally Welcomes Cryptocurrencies, Including ...

https://www.forbes.com/sites/roberthart/2020/10/21/paypal-finally-welcomes-crypto...
2 days ago · PayPal will support four different cryptocurrencies — bitcoin, ethereum, litecoin and bitcoin cash — together with fintech startup Paxos.
PayPal to Enable Bitcoin and Crypto Purchasing and Selling

https://cryptopotato.com/paypal-to-enable-bitcoin-and-crypto-purchasing-and-selling
2 days ago · In addition, PayPal customers will be able to spend Bitcoin to shop at over 26 million vendors already included in its network starting early 2021, Reuters reports. The company has stated that they are “working with central banks and thinking of all forms of digital currencies and PayPal can play a role.”
PayPal’s Just Introduced a Bitcoin Onramp to 346 Million ...

https://www.newsbtc.com/news/bitcoin/paypals-just-introduced-a-bitcoin-onramp-to-346...
1 day ago · There’s Nearly Twice as Many PayPal Users as BTC Users. On-chain analyst Willy Woo explained that the significance of the PayPal news cannot be understated. The platform currently has nearly double the number of users that Bitcoin has. “User base: PayPal 346m+ Bitcoin 187m+. This is a big deal,” he said while pointing to the below chart ...
Bitcoin custodian BitGo on the list as PayPal explores ...

https://seekingalpha.com/news/3625295-bitcoin-custodian-bitgo-on-list-paypal-explores...
6 hours ago · PayPal's interest comes alongside its move this week allowing its customers to purchase cryptocurrencies like Bitcoin , Ether , Litecoin , and Bitcoin Cash . PayPal is up 0.8% premarket, and ...
Bitcoin extends gains after PayPal move to accept ...

https://www.channelnewsasia.com/news/business/bitcoin-extends-gains-after-paypal-move...
2 days ago · LONDON: Bitcoin extended its gains on Wednesday after PayPal Holdings Inc said it will allow customers to buy, sell and hold cryptocurrencies. It was last up 3.2per cent at …
Litecoin paced BTC on PayPal's crypto news

https://blog.cfbenchmarks.com/btc-and-ltcs-peak-paypal-volume
1 day ago · BTC and LTC’s peak PayPal volumes A day ago, it was possible, even sensible not to read too much into eye-catching crypto price moves in the wake of major industry news. Bitcoin’s break above $12,000 after all, followed a third attempt in as many months, and as we noted, was not immediately backed by significant trading volumes.
'Bitcoin's No Longer Optional' — What Investors Say About ...
https://news.bitcoin.com/bitcoin-paypal-crypto-services
1 day ago · Paypal launching cryptocurrency services has given crypto investors much to think about. While many crypto users view the news as extremely bullish, some point out several areas of concern bitcoin ...
PayPal to Launch Crypto Buying and Selling Features - Decrypt

https://decrypt.co/45802/paypal-to-launch-crypto-buying-and-selling-features
2 days ago · At launch, PayPal will allow purchases of Bitcoin, Ethereum, Bitcoin Cash and Litecoin. Although users will be able to pay with cryptocurrencies at around 26 million merchants in early 2021, the resellers will still receive the funds in the form of fiat currencies such as the US Dollar, the company noted.
PayPal now letting users trade Bitcoin and Ethereum, paves ...

https://www.androidpolice.com/2020/10/21/paypal-now-letting-users-trade-bitcoin-and-e...
1 day ago · PayPal has partnered with New York-based Paxos Trust to broker trades. It has also obtained a Bitlicense from the New York Department of Financial Services which mandated some of the company's...
PayPal will allow users to buy, sell and shop using ...

https://www.rt.com/business/504150-paypal-bitcoin-cryptocurrencies-launch
2 days ago · PayPal has jumped into the cryptocurrency market and plans to allow its customers to buy, sell and hold bitcoin, ethereum and other virtual currencies using their online wallets. The new feature, which was announced on Wednesday, is expected to be implemented in 2021. At that stage, users will be ...
Bitcoin Retests 2020 High Following PayPal News, Will BTC ...

https://marketinsider.net/bitcoin-retests-2020-high-following-paypal-news-will-btc...
2 days ago · NewsBTC. Rumors broke earlier this year that PayPal would be changing its tune on cryptocurrencies and would soon be supporting Bitcoin and other assets. Today, however, Reuters reports that PayPal revealed it would indeed be offering cryptocurrency payments across the 26 million merchants on its network starting in early 2021.
Bitcoin surges to highest since July 2019 after PayPal ...

https://theprint.in/economy/bitcoin-surges-to-highest-since-july-2019-after-paypal...
1 day ago · PayPal customers can buy, sell and hold cryptocurrencies including Bitcoin, Ether, Bitcoin Cash and Litecoin from digital wallets, as well as use the virtual money to shop at the 26 million merchants on its network. Shares of PayPal jumped 5.5% to …


Related searches for Paypal and BTC
btc my account
pay btc bill online
bitcoin express
Some results have been removed
1
...
6
7
8
9
10



 I am using bing as they give me search counts.  Which keep on getting bigger and bigger.
12743  Alternate cryptocurrencies / Mining (Altcoins) / Re: Number 9! Ninth altcoin thread. Back to the moon Baby! on: October 23, 2020, 03:24:00 PM
AMD has a perfect opportunity to pair or outperform Nvidia - this launch is very important and they need to win market share with gamers. Nvidia clearly was pressed with this launch; using samsung, large tdp, paper launch (basically). RDNA2 will very likely be power efficient...AMD is going to have their hands full balancing miners and gamers

I SEE it much the same as you do.

Nvidia rtx 3000 series was a ghost launch
12744  Bitcoin / Bitcoin Discussion / Re: Will you buy BTC from PayPal now that they are letting people do it? on: October 23, 2020, 02:49:46 PM
But wait.
We can assume, Paypal members have a lot of money inside their account, and once they know buying bitcoin is available through their account, I think they will try to buy it. And if they believe that bitcoin can give more money, I think they will still use Paypal to purchase and make more money.

There are differences between people who already know about crypto from a long time ago who don't want to reveal their identity while they use bitcoin (including me). But if that is happening to people out there who don't have much knowledge about cryptocurrency, I think they will be no problem to use Paypal because they already verified their account with Paypal.

They think that it doesn't matter if Paypal will know how much their funds in their account because they still believe in Paypal. If there are more people out there who can think like that, they will use crypto, and maybe, that will help crypto become mainstream among them.

We can let people decide if they want to verify their account or stay in the dark. But we can not deny that what Paypal did can help crypto become larger and grows than now.
Really good post.

years ago 2012 I joined here and i went public.

I linked my same name ebay account. My id is well known my address is well know and I am kyc at

ebay
paypal
coinbase
bittrex

so I dont care about kyc for me personally.

do i hold it against those that stayed hidden no.

that is their choice.

I will say this staying hidden is not going to be as easy as it has been.

Btc will go legit and it will be tracked.

Paypal lets you be kyc right from the getgo.

So I purchased 40 usd worth.

It is on record. I have no tax issue until I sell it. That is simple easy investment for a USA citizen.
12745  Economy / Speculation / Re: My 'vast' BTC hodl on PayPal on: October 23, 2020, 02:34:53 PM
Look do I think anyone should have 25%-100% of their BTC on PayPal alone .

But a few bucks worth? yes.

Based on my past rebates earned on retailmenot.com. I will end up  buying 400 to 500 usd worth of btc from Oct 2020 to Dec 2021.

Should be fun to watch this.

yeah i may park a small bit there too. maybe robinhood too. mainly to support it on their platform, hopefully it takes off to a point.

yes its "paper" bitcoin that cant leave either platform. but its a start. people see it and hopefully wiull see its upsides (and of course downsides for that matter).

this may be peoples 1st real exposure to bitcoin. cant hurt imo. and seriously until people get the idea of real wallet security, seeds etc this may be their safest exposure for now.

I am old for bitcointalk.
I am 63.
I can remember christmas clubs at a bank. You opened it dec 1 or so and put in 2 dollars a week.

you did it for 50 weeks. 100 bucks and a 5 dollar bonus.

105 back just in time to spend on christmas.

I am not saying I am going to put in 20 a week until dec 2021 but you could set a goal.
put away 10 a week for a year. then decide if you want to sell or hodl.

this is a true path to large scale adoption. So I am in.

My goal is purchase 400-500 of my retailmenot rebates over the next 15 months.
12746  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: October 23, 2020, 02:48:45 AM
while i dont see 100k in 2021.

right now today if we matched 2017 we need to be at 78k.

this is base on mining profit.

so I think we could get to 78k by nov 2021.

for me i need 26-30k to be doing well with my mining farm.
12747  Other / Politics & Society / Re: Presidential debates on: October 23, 2020, 02:43:40 AM
Trump won this debate.

But a clear bullshit on his part was how clean USA air is.

It is clean because no one is driving due to covid.

My biggest issue is clean air.

I am a life long asthmatic.

My wife still has lung damage due to covid.


12748  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: October 23, 2020, 12:56:19 AM
Does paypal really buying bitcoin, if a paypal user buying (paypal) bitcoin or is the paypal-bitcoin just on the paper?

(Or is it just another shittoken? Cheesy The ppB? )

Most likely they are buying real bitcoin. They are teaming up with Paxos Trust Company to hold the assets.

Do you have that in writing? FAQ or so?

Want to know this too.... Its pretty important!

https://www.paypal.com/us/smarthelp/article/cryptocurrency-on-paypal-faq-faq4398

Yes they are buying real BTC and they are using Paxos to do so. They are making money on the spread. I doubt they are taking possession of the coins. They are just facilitating the buying and selling and making 0.5% on each buy or sell. Paxos is holding the coins and is regulated so they are not going to do fractional reserve.

All this talk about fractional reserve is just FUD.

Let's hope Paypal provides insurance if something goes wrong with Paxos, and not something like "not my fault, don't care".


Please use common sense.  Ie. do not put in 25-100% of your btc holdings into PayPal

I am at 40 usd worth of btc which is under 1% of my btc holdings.

12749  Economy / Speculation / Re: My 'vast' BTC hodl on PayPal on: October 23, 2020, 12:51:58 AM
No keys /P

In before exit scam. Wink

Should be fun to see if they start running their own scam tokens next.

Look do I think anyone should have 25%-100% of their BTC on PayPal alone .

Hell no.

But a few bucks worth? yes.

Based on my past rebates earned on retailmenot.com. I will end up  buying 400 to 500 usd worth of btc from Oct 2020 to Dec 2021.

I earn 30-50 a month in rebates on retailmenot earned  mostly from buying pc/mining gear.

I normally transfer the rebates to the PayPal account. So nothing new there.
This account has been vested KYC'd yada yada yada for over 10 years.
Since I know I am putting in well under 1k usd spread out over 15 months I don't care about tax consequences  as I won't be selling the coins. (unless they jump 50-100x)

Should be fun to watch this.
12750  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: October 22, 2020, 11:29:27 PM
Hmm I wonder which part of the cycle we are on now .. ?

chart


chart is bull shit scale is wrong look at the numbers on the right.
12751  Economy / Speculation / Re: My 'vast' BTC hodl on PayPal on: October 22, 2020, 08:27:46 PM
Some reason for documenting are:

1) historical reference point.
2) google searches for PayPal and BTC may land here.
3) bing searches may land here

Here are results for bing search of PayPal and BTC page 8
95-102 of 25,100,000 results


Bitcoin prices surge after Paypal jumps into the ...
https://www.cnn.com/2020/10/21/investing/paypal-bitcoin-cryptocurrencies/index.html
1 day ago · PayPal says its new service will give customers the ability to hold and exchange Bitcoin, Ethereum, Bitcoin Cash and Litecoin cryptocurrencies …

PayPal will start letting users buy and sell bitcoin ...
https://metro.co.uk/2020/10/22/paypal-will-start-letting-users-buy-and-sell-bitcoin...
11 hours ago · Bitcoin buying and selling will now be available through Paypal to US customers for the first time (Photo by Omar Marques / SOPA Images/Sipa USA) PayPal joined the cryptocurrency market this week ...

First Mover: PayPal Rushes In and Bitcoin Breaches $12K ...
https://www.coindesk.com/first-mover-paypal-bitcoin-12k-usdc-tether
1 day ago · First Mover: PayPal Rushes In and Bitcoin Breaches $12K, While USDC Gains on Tether Bitcoin blew past $12,000 to its highest price in two months, bringing into view the prospect of a fresh 2020 high.

Bitcoin surges past US$13,000 after PayPal embrace ...
https://www.straitstimes.com/business/banking/bitcoin-surges-past-us13000-after-paypal...
NEW YORK (BLOOMBERG) - Bitcoin surged past US$13,000 (S$17,620) for the first time since July 2019 after PayPal Holdings announced it will allow customers to …

Paypal to Bitcoin: The Payments Giant Steps Into ...
https://dailycoin.com/paypal-to-bitcoin
PayPal to Bitcoin: the online payments giant confirmed, it is entering the cryptocurrency market and launching cryptocurrency services.

PayPal to open up network to cryptocurrencies | Reuters
https://www.reuters.com/article/us-paypal-cryptocurrency-idUSKBN2761L6
1 day ago · PayPal’s shares were up 4% at 1418 GMT, set for their best day in a month. Bitcoin BTC=BTSP hit its highest since July 2019 on the news. It …

PayPal Announces Cryptocurrency Service With Support For ...
https://beebom.com/paypal-announces-cryptocurrency-service-with-support-for-bitcoin-e...
14 hours ago · PayPal has become the latest traditional online payments platform to have embraced cryptocurrencies. The company, on Wednesday, announced a new service that will enable customers to buy, sell and hold bitcoin and other digital currencies in its online wallets. The service, which has just started ...

Tether, And Not PayPal, Boosted Bitcoin BTC Price Above ...
https://bitrss.com/news/187850/tether-and-not-paypal-boosted-bitcoin-btc-price-above...
2 hours ago · It nearly 24 hours that payments giant PayPal announced the launch of its crypto trading services on Wednesday, October 21. Later on the day, the Bitcoin price surged past $13,000 as the bulls raged-in. Many attribute this BTC price surge to the PayPal news. However, there was a silent player possibly behind the Bitcoin price rise.


Now I used bing for a reason the reason is it is smaller then google and there were 25,100,000 hits on the search

those are big time numbers and a path to larger usage of BTC
12752  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: October 22, 2020, 08:19:28 PM


tell me how you really feel..  Cheesy

+1 WOsMerit



--------

Unpopular opinion #1

Bitcoin will continue to pump until the election, then dump the day after.

Unpopular opinion #2

Bitcoin will pump until the second week of December, then dump.

Either way, I see a significant pull back before year end. Then the rise will continue in the new year. That's the bullish part.

+1 WOsMerit


Unpopular opinion #3

Bitcoin keeps laddering up to $25k until Q4 2021 and then gets serious about a face melting pump towards $100k.






If BTC was 78k right here right now it would equal 19.9k of 2017 (from a mining viewpoint)

So to think 100k is coming soon is not that unlikely.
12753  Economy / Speculation / Re: My 'vast' BTC hodl on PayPal on: October 22, 2020, 06:11:31 PM
May I ask what is the purpose of this "experiment"?
It's a very cool thing that PayPal accepts cryptocurrencies, but why did you choose this wallet to collect Bitcoin? Do you want to prove something by this? I am asking really seriously, because somehow I do not see any greater sense in what you do, of course I do not see also anything wrong with it.

This is a good question. I have to ponder upon the answer.

12754  Economy / Speculation / Re: My 'vast' BTC hodl on PayPal on: October 22, 2020, 04:51:43 PM
I'll sub up to this and follow to see what happens..

It seems everyone these days have these new Facebook Pay apps and Venmo and stuff, with PayPal kinda being left behind for transactions between friends/acquaintances.. Maybe this is PayPal attempting too keep up with the Joneses? 

I have always heard of PayPal to be the main target for Bitcoin to put out of business, and PP has always had terrible TOS clauses against BTC and cryptocurrencies..
It seems a bit ironic/hypocritical for them to add BTC now, but what do you expect?

How long do you think before PP starts adding a bunch of inferior coins? Ya think Ver is on the phone with them nonstop right now trying to get his scamcoin added? And SV? They could even add ETH soon, but I doubt coins like XMR..

They are selling

BTC
ETH
LTC
BCH

I personally only want to deal with BTC on the paypal.
12755  Alternate cryptocurrencies / Mining (Altcoins) / Re: Number 9! Ninth altcoin thread. Back to the moon Baby! on: October 22, 2020, 03:23:23 PM
Some news, AMD are afraid of miners buying all the cards again, like Vega and Radeon VII  Cheesy

https://www.tomshardware.com/news/amd-navi-10-blockchain-gpu-cryptomining

They want to prevent gamers not being able to buy cards, like RTX 3080
Personally I don't like these mining cards, less warranty, less outputs and hard to resell


Miners did not buy out the 3080’s

and mining cards suck. I don't want them or buy them.

Edit:

Coins are picking up ETH is over 417
12756  Economy / Speculation / Re: My 'vast' BTC hodl on PayPal on: October 22, 2020, 01:57:07 PM
spacer

Remember this not your keys not your coins






I should get more rebates today from retailmenot

 I will move rebates to PayPal and buy $20 worth of BTC I will post an update soon.





12757  Economy / Speculation / Re: My 'vast' BTC hodl on PayPal on: October 22, 2020, 01:56:57 PM
spacer

Please remember not your keys not your coins



MY account is an old established PayPal account.

I have a cash balance in it.

I deposited cash into the account from retailmenot

I put in $51.32 usd in rebate money from mining and other purchases on the internet.

I purchased $20.00 usd  worth of BTC on the 21st of Oct.

I will get more rebates from retailmenot and I will buy more BTC with those rebates.

I will do this until Dec. 31, 2021 {God willing}  Or universe willing for those that choose to not believe  god.

12758  Economy / Speculation / My 'vast' BTC hodl on PayPal on: October 22, 2020, 01:56:46 PM
as you know PayPal lets you buy btc. So I will track my BTC accumulation on my PayPal account for the next 15 months.

I will delete every post that says "no keys not your money."

 I know that.



12759  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: October 22, 2020, 01:53:37 PM
All this talk about grannies is making me sad on at least two levels.  Both of my grannies passed away well before the idea of Bitcoin was conceived (there are two levels in there).  Even if they were still alive, I would never have subjected them to the Bitcoin hell that is hodler; it was stressful enough for them to adapt to the remote control TV and cable box and I never could get them to ditch the cheque book for a debit card. 
 I say we leave the grannies out of this and just buy them a nice present when it's all over.  You cant go wrong with a cardigan for the elderly - anywhere in the world and any time of year. 


Yeah my grandmothers died in 1987 and 1963

I am old enough to be a grand father (63)

I think a lot of BTC purist people don't see the world for what it is.
They see it for what they want it to be.

Myself I will put my rebate money earned on retailmenot into my PayPal cash balance and buy btc with it.

Not because I like PayPal but to show people that don't have a viable way into BTC a way into BTC.

and as for the purist of btc they can have all their btc in wallets they own with stainless steel backups etc.
12760  Bitcoin / Mining speculation / Re: Get Miners from China while avoiding the Tariff? on: October 22, 2020, 01:47:17 PM
Yeah. for me if I get trump tax in full 25% DHL bill it out to me I pay with a cc and it certainly gets forwarded to New Jersey. so 25%+7% is a 32% tax.

For that alone buying direct from bitmain is very difficult to figure cost.

ie. does 10,000 in cost gear me

10,000
 2,500 trump tax  China
    700 NJ tax
13,200

or does it cost

10,000
    300 standard tax Malaysia
    700 NJ Tax
11,000

big difference

if it were s19

 I could get 5 for the price of 6 if I am stuck trump tax
or
 I could get 6 for the price of 6 if I pay Malaysia tax

Since I get 30 pieces a year. It means 30 vs 36   s19  units.
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