Pool: If PayPal adopts Bitcoin, what would the price be?

[falllling]

Ok, Paypal will adopt Bitcon. Now what?

now this:

PayPal Braintree doesn't integrate bitcoin but use coinbase to sell bitcoins
the more businesses "accept" bitcoin (immediately dump it on exchanges via market sells), the more it will crash.

And the more people will have to buy to be able to spend them...

no one or may be very very tiny amount of people buy bitcoin to spend, i don't even have to explain this anymore

that's why bitcoin dropped to $46x from $620 or $680 or whatever

So, Paypal is integrating bitcoin because of the early adopters money? After they have spend their bitcoins it is over 

They should have asked you before doing so stupid integration 

they want the fee of bitcoin market cap and that's all, 6 billion? they don't give a shit about bitcoin, they would have already made enough money to laugh all the way to the bank for an eternity after bitcoin collapse

[fonsie]

Ok, Paypal will adopt Bitcon. Now what?

now this:

PayPal Braintree doesn't integrate bitcoin but use coinbase to sell bitcoins
the more businesses "accept" bitcoin (immediately dump it on exchanges via market sells), the more it will crash.

And the more people will have to buy to be able to spend them...

no one or may be very very tiny amount of people buy bitcoin to spend, i don't even have to explain this anymore

that's why bitcoin dropped to $46x from $620 or $680 or whatever

So, Paypal is integrating bitcoin because of the early adopters money? After they have spend their bitcoins it is over 

They should have asked you before doing so stupid integration 

they want the fee of bitcoin market cap and that's all, 6 billion? they don't give a shit about bitcoin, they would have already made enough money to laugh all the way to the bank for an eternity after bitcoin collapse

You look sooo stupid saying those stupid things.

  I'm laughing with you all the way to the bank.

[stancarrott]

Depends on how many people are going to accept it through PayPal. If you can pay everything with BTC, we may just have seen the single biggest adoption of Bitcoin, there is. PayPal is pretty big and this would bring us literally tens of thousands of merchants adopting it!

....and 152 million registered users.

http://www.irishtimes.com/business/sectors/financial-services/paypal-to-start-accepting-bitcoins-1.1922674

[institutionaltrader]

It will crash hard because people will only use the new integration to dump all of their BC holdings fast.

The current market and exist strategy is very illiquid so this is good news for people wanting to go out and buy real things instead of drugs.

[seljo]

42

[vipgelsi]

Probably move up a small amount  then go back to where it was before news.

[Ayers]

now that i think about ti, newegg bitcoin integration, didn't come up too well, are those merchant really good for bitcoin? paypal makes the things seems worse