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Question: Which price is bitcoin going to reach first? (credits to Jay)
$25K - 56 (34.6%)
$50K - 106 (65.4%)
Total Voters: 162

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 25374668 times)
This is a self-moderated topic. If you do not want to be moderated by the person who started this topic, create a new topic. (157 posts by 13 users deleted.)
molecular
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April 24, 2013, 01:48:57 PM
 #1201

Paypal considering adding bitcoin as a funding method.

http://www.bloomberg.com/video/paypal-sees-20-billion-in-mobile-transactions-WlokACTBRterdjHAJGNB6w.html
Fast forward to about 2:45 to hear about bitcoin

Looks like they are looking closely at western union and do not want their lunch eaten. I am a superbull and I cant believe what I just saw.



wow!!
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Reply with quote  #2

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oakpacific
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April 24, 2013, 01:49:57 PM
 #1202

I too wouldn't touch paypal but the influx of people using BTC would be huge...

Oh yeah, totally agree. I am happy to see it for that reason. People are free to use Paypal all they want. I just wouldn't go near them...

The key here is the publicity, rather than convenience brought by such a move: if both WU and Paypal start supporting Bitcoin, all those Ponzi scheme/fraud talk can GTFO.
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April 24, 2013, 01:50:11 PM
 #1203

I woke Up today look at the price and i said: IM A FUCKING RICH GUY!
Piper67
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April 24, 2013, 01:50:38 PM
 #1204

Paypal considering adding bitcoin as a funding method.

http://www.bloomberg.com/video/paypal-sees-20-billion-in-mobile-transactions-WlokACTBRterdjHAJGNB6w.html
Fast forward to about 2:45 to hear about bitcoin

Looks like they are looking closely at western union and do not want their lunch eaten. I am a superbull and I cant believe what I just saw.



wow!!

And just as with WU, there appear to be two solutions to the equation. In one, Bitcoin is the enemy. In the other, it's an amazing technology that can save them millions if co-opted. The fact that Marcus didn't flat out refute it, and that he spoke somewhat knowledgeably of miners and so on... this is big.
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April 24, 2013, 02:00:55 PM
 #1205

Paypal considering adding bitcoin as a funding method.

http://www.bloomberg.com/video/paypal-sees-20-billion-in-mobile-transactions-WlokACTBRterdjHAJGNB6w.html
Fast forward to about 2:45 to hear about bitcoin

Looks like they are looking closely at western union and do not want their lunch eaten. I am a superbull and I cant believe what I just saw.



OK.. so how would this work regarding taxes...   I deposit BTC to my paypal account, and then turn around and buy something on the web denominated in $$ and pay with paypal...   did I just "sell" my BTC for $$ and incure a capital gains tax liability?  Or did I just buy something with BTC?  

Does this turn paypal into the ultimate exchange?

Sigg
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April 24, 2013, 02:05:28 PM
 #1206

160 broken in a few minutes
lebing
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Enabling the maximal migration


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April 24, 2013, 02:05:36 PM
 #1207

Paypal considering adding bitcoin as a funding method.

http://www.bloomberg.com/video/paypal-sees-20-billion-in-mobile-transactions-WlokACTBRterdjHAJGNB6w.html
Fast forward to about 2:45 to hear about bitcoin

Looks like they are looking closely at western union and do not want their lunch eaten. I am a superbull and I cant believe what I just saw.



OK.. so how would this work regarding taxes...   I deposit BTC to my paypal account, and then turn around and buy something on the web denominated in $$ and pay with paypal...   did I just "sell" my BTC for $$ and incure a capital gains tax liability?  Or did I just buy something with BTC?  

Does this turn paypal into the ultimate exchange?

Sigg


Could be either or both. I'm guessing at first they will go head to head with blockchain and roll out more services over time.
Gordonium
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April 24, 2013, 02:14:15 PM
 #1208

Paypal considering adding bitcoin as a funding method.

http://www.bloomberg.com/video/paypal-sees-20-billion-in-mobile-transactions-WlokACTBRterdjHAJGNB6w.html
Fast forward to about 2:45 to hear about bitcoin

Looks like they are looking closely at western union and do not want their lunch eaten. I am a superbull and I cant believe what I just saw.

We have arrived.
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1/21000000 , the only math you need to know


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April 24, 2013, 02:15:33 PM
 #1209

KEEP

THREAD

CLEAN

ADAM

KTHX


meh

censor thread and suffer schism
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1RichyTrEwPYjZSeAYxeiFBNnKC9UjC5k


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April 24, 2013, 02:16:19 PM
 #1210



up, uP, UP

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April 24, 2013, 02:19:00 PM
 #1211

Paypal recognition ... bye bye 150 .. nice knowing you  Tongue
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April 24, 2013, 02:21:44 PM
 #1212

$160, many asks being pulled as well. Hopefully some support can build up before it goes too much higher.

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April 24, 2013, 02:22:00 PM
 #1213

Surely we can take 200 today and 50 tomorrow. Go go go!
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April 24, 2013, 02:22:31 PM
 #1214

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April 24, 2013, 02:23:07 PM
 #1215

Paypal recognition ... bye bye 150 .. nice knowing you  Tongue
huh? Paypal recognition?
just1nmc
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April 24, 2013, 02:23:55 PM
 #1216

Paypal recognition ... bye bye 150 .. nice knowing you  Tongue
huh? Paypal recognition?

Yes  Smiley

https://bitcointalk.org/index.php?topic=186349.0
billington.mark
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April 24, 2013, 02:24:10 PM
 #1217

Paypal considering adding bitcoin as a funding method.

http://www.bloomberg.com/video/paypal-sees-20-billion-in-mobile-transactions-WlokACTBRterdjHAJGNB6w.html
Fast forward to about 2:45 to hear about bitcoin

Looks like they are looking closely at western union and do not want their lunch eaten. I am a superbull and I cant believe what I just saw.



see above for paypal recognition....
DougTanner
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April 24, 2013, 02:24:21 PM
 #1218

LOL, I go off to read /r/Bitcoin for 5 minutes and this happens:

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April 24, 2013, 02:24:32 PM
 #1219

I am fairly convinced that the causality is the opposite of what you describe. Sure, price and number of Google searches are correlated but correlation does not imply causation. It is rising prices that drive interest, not the other way around.

You have to be careful with what you think you're looking at too. You might think that interest in bitcoins correlates with Google trends but the thing is that the differential of an exponential is an exponential. Thus the trend on google may not correlate with the interest in something but rather with the *change* in interest in something but during an exponential period, these would look the same/similar.
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April 24, 2013, 02:26:11 PM
 #1220

The biggest factor in all this (Paypal, WU, etc.), is that they are recognizing Bitcoin as a potential business opportunity. This puts added pressure to be first mover if people think someone else might jump first. Mmmm game theory.
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