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Author Topic: Paypal Helping Bitcoin => Bitcoin price will rise ?  (Read 821 times)
The Bad Guy (OP)
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October 02, 2014, 05:30:35 PM
 #1

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 ?

JohnnyBTC
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October 02, 2014, 05:49:11 PM
Last edit: October 18, 2014, 12:29:13 AM by JohnnyBTC
 #2

more adoption should always equal an increase in price, but there are too many other factors keeping it down at the momento
The Bad Guy (OP)
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October 02, 2014, 06:02:30 PM
 #3

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  Lips sealed

ivanovasmd
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October 02, 2014, 06:17:42 PM
 #4

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  Lips sealed

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.
allthingsluxury
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October 02, 2014, 06:28:57 PM
 #5

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.

moriartybitcoin
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October 02, 2014, 06:29:27 PM
 #6

It will not rise - NO MATTER WHAT - until the institutional players who are manipulating the price through short-selling allow it to rise.  

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