Paypal President finds Bitcoin TRUELY FASCINATING, thinking about integrating it

[gizmoh]

April 24 (Bloomberg) -- David Marcus, president of EBay Inc.'s PayPal unit, talks about mobile payment security and the prospects for virtual currency bitcoin. He speaks with Guy Johnson on Bloomberg Television's "The Pulse." (Source: Bloomberg)

He talks of bitcoin at 2m50s:

http://www.bloomberg.com/video/paypal-sees-20-billion-in-mobile-transactions-WlokACTBRterdjHAJGNB6w.html


Just imagine the mainstream audience of millions of paypal/ebay customers on Bitcoin!

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[awakening]

Oh yeah. They will integrate it by next year.. NOT, month. NOT, week. 

[naphto]

Oh yeah. They will integrate it by next year.. NOT, month. NOT, week. 

Or next hour?

[awakening]

Oh yeah. They will integrate it by next year.. NOT, month. NOT, week. 

Or next hour?

Meh, next minute. With these news we are going to 10000$ by tomorrow. With 1000BTC we are gonna buy Apple in a few months, just look the trends 

[axus]

I saw the link on Hacker News.  I was saying, Ebay/Paypal would do huge business buying and selling Bitcoins.  I think they could easily replace Mt.Gox as a marketplace, if they tried.

Nobody wants to sell bitcoins using Paypal, but you know they will care a lot more about protecting the seller when *they* are the seller.

[seleme]

At this point of bitcoin history even a hint of Paypal possibly accepting bitcoin as funding option is extremely huge news. If you can't figure that out, you have problems. And this comes to someone who's neither bull or bear.

[Gordonium]

Oh yeah. They will integrate it by next year.. NOT, month. NOT, week. 

Or next hour?

Meh, next minute. With these news we are going to 10000$ by tomorrow. With 1000BTC we are gonna buy Apple in a few months, just look the trends 

Dips for Apple.

[awakening]

At this point of bitcoin history even a hint of Paypal possibly accepting bitcoin as funding option is extremely huge news. If you can't figure that out, you have problems. And this comes to someone who's neither bull or bear.

Yeah. Extremely huge news.  Good news. Maybe 5% up ? I think even less.

[seleme]

At this point of bitcoin history even a hint of Paypal possibly accepting bitcoin as funding option is extremely huge news. If you can't figure that out, you have problems. And this comes to someone who's neither bull or bear.

Yeah. Extremely huge news.   Good news. Maybe 5% up ? I think even less.

No, it's extremely good news. Short term it could mean 5 or 30%, I don't know, but it's extremely good news for bitcoins generally. It adds big wtf factor to people on the fence and people who don't understand bitcoin. When you hear even remotely good news about bitcoin coming from Paypal, Western Union, Moneygram you ask yourself some questions. Either you're buyer or potential merchant.

It's looong way til Paypal recognition would become a fact of course but any tiny bit helps at this moment of bitcoin history.

And again I'm not a bull at all, specially not typical bitcointalk aggressive bull sucker.