that guy on reddit is just a troll trying to raise the price in his favour
I also think so. we have to ask ourselves the question, what would paypal gain right now by accepting bitcoin as a form of payment?
Right now I think they'd would loose a lot. They obviously can't take 10% fees from bitcoin. People would think that it's a ripoff. Them adopting BTC would cause massive adoption by businesses and they'd loose a lot of revenue from fiat. Maybe in 5 years. Not too fast [to keep revenue high], not too late [to still be in business when fiat starts dying]. The longer they wait, the longer companies like BitPay gain market share. Secondly the longer they wait, the longer they risk some other big-name established company in and taking over the Bitcoin payment scene. Thirdly, working with Bitcoins would open the door to in-store revenue for paypal (picture every brick and mortar store having a paypal bitcoin machine at the cahier desk). Fourthly, it would open to the door to more global opportunities in countries where their current system isn't being used, as well as put Western Union and Moneygram out of business with paypal's bitcoin-remittences. Lastly, and I don't know the legality of this, but if they own a bunch of Bitcoins, they could make a ton of money off the price increase that would come with their integration as well as the furthered adoption it would bring. and paypal has pretty much infinite PPUSD so...
|
|
|
why is everyone talking about the paypal rumor again anyway, that's yesterday's news; did we not fully price that in
|
|
|
that guy on reddit is just a troll trying to raise the price in his favour
we have to ask ourselves the question, what would paypal gain right now by accepting bitcoin as a form of payment?
the future
|
|
|
PayPal has hinted ... of course bitcoin is the future its on a matter of time till everyone get with the program, expecting more "Rumors" Granted, the question is whether the future is now. the past we cannot control the future is set in stone today is a gift this is why we call it the present who do you think you are? an internet philosopher king? if the future is set in stone, none of this matters and today is not a gift, it just is... i'm running out, going to pick up some green for the weekend and yes... this is who i am....
|
|
|
PayPal has hinted ... of course bitcoin is the future its on a matter of time till everyone get with the program, expecting more "Rumors" Granted, the question is whether the future is now. the past we cannot control the future is set in stone today is a gift this is why we call it the present
|
|
|
PayPal has hinted ... of course bitcoin is the future its on a matter of time till everyone get with the program, expecting more "Rumors"
|
|
|
hey whats up guys?
|
|
|
would you be interested in Casascius 2012 1BTC blanks aka "roll your own"
|
|
|
No clue so I'll toss out numbers!
Average 30,000 btc a day, some more some less but lets say that :O Running how long 2 years? lets say 700 days * 30000 - 21 million bitcoin transacted 0.5% fee
105000 bitcoin profit
there's a fees on both sides of each trade. last year they made a public report on their earning and were showing a loss.
|
|
|
PM most likely. At least it would be something they would understand, even if what humans consider precious has no value to them. BTC maybe assuming the crypto behind it is alien technology proof. Fiat = monopoly money.
But they can scan for a large asteroid made up of mostly gold. If they used that gold to buy things from us, we would right away value gold at 5$ a kilo
|
|
|
I once used http://www.domains4bitcoins.com/It worked well no problems and for hosting use quantumkiwi.com I use them and in my experience they are cheap and good.
|
|
|
Clearly a bearish market.
Has anyone seen the orderbook on Bitstamp!?
There are two massive fake buy walls on MtGox artificially inflating the price.
i just see fake sell walls how do you know if a wall is fake or not? i'm just trolling the troll.
|
|
|
Clearly a bearish market.
Has anyone seen the orderbook on Bitstamp!?
There are two massive fake buy walls on MtGox artificially inflating the price.
i just see fake sell walls
|
|
|
the calm b4 the storm?
come back at 7:00 EST?
|
|
|
If Aliens have indeed come to earth, and plan to do business with us, selling goods to us, which currency would they prefer USD, BTC, PM, or what else?
|
|
|
The return to normal is the first bull trap after the crash, that is what it is... remember this return to normal, fear, Despair, are the emotions the little people have.
we are back to the mean, deal with it!
|
|
|
I'll just leave this here: The return to normal is the first bull trap after the crash, that is what it is... remember this return to normal, fear, Despair, are the emotions the little people have. we are back to the mean, deal with it!
|
|
|
|