Wall Observer BTC/USD - Bitcoin price movement tracking & discussion

[Wagner2014]

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...

[1714216580]

1714216580

[Spaceman_Spiff]

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...

... an experience.

[adamstgBit]

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....


 

[vokain]

re. paypal rumor:

a) You have to trust someone that breaks trust of company he works for and likely confidentiality obligations. And for what?

b) How is a company like PayPal going to "accept" business in bitcoin currently? Paypal has to consider the legal ramifications of doing this in every country in the world where it operates, and where the legality of bitcoin is not yet certain.

c) It would be much safer for PayPal to invest money in a company like BitPay to hedge its bets going forward but to separate its current business from a speculative investment in a 'currency' of questionable legality.

d) Do people really believe random rumors posted on internet message boards? Use your head!

http://techcrunch.com/2013/05/16/an-offer-you-cant-refuse-bitcoin-startup-bitpay-raises-2m-led-by-founders-fund-the-vc-run-by-the-paypal-mafia/

:p

[ardana123]

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?

[ChartBuddy]

[Frozenlock]

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?

Hey! That's my avatar!

[01BTC10]

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?

Hey! That's my avatar!

https://www.youtube.com/watch?v=Ruxbzee-5sY

What is that accent? Are you from Quebec?

[Frozenlock]

I am.

[01BTC10]

I am.

Me too. Accent sounded familiar.

Now back to serious stuff.  

[solex]

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?

Hey! That's my avatar!

HAHAHA. Had me completely fooled.
Very sneaky that.

[adamstgBit]

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

[adamstgBit]

why is everyone talking about the paypal rumor again anyway, that's yesterday's news; did we not fully price that in

 

[adamstgBit]

[ardana123]

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?

Hey! That's my avatar!

[Ares]

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 coming in and taking over the Bitcoin payment scene (or partnering with BitPay). 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.

[adamstgBit]

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... 

[adamstgBit]

not sure why paypal isn't taking bitcoin right now... they coulda woulda shoulda made a butt load of money...

must be because bitcoin is Brand spanking new, no one is quite sure who to deal with it. WU was also talking about using bitcoin... let see who moves first

[Coinseeker]

Merchants want fiat not BTC.  Unless paypal merchants can receive BTC payments in USD, it will mean nothing.  The only other benefit is people can buy BTC with Paypal.  Cool addition but hardly an earth shattering update.  Even if such rumors were true, any rise in value would be little more than a speculative bubble if its just BTC -> BTC transactions.  My $0.02.

[ChartBuddy]