cuongtroll113 (OP)
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October 23, 2020, 11:39:52 AM |
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Following PayPal information, Venmo allows payment of its services in BTC, ETH and a few other tokens, the price of BTC has increased sharply, sometimes surpassing $ 13,000 and is still holding at $ 12900. But why is the market reacting so positively? BTC can reach $ 20000 after PayPal, Venmo accept payments in BTC, ETH?
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"In a nutshell, the network works like a distributed
timestamp server, stamping the first transaction to spend a coin. It
takes advantage of the nature of information being easy to spread but
hard to stifle." -- Satoshi
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Bitcoin-Pro
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October 23, 2020, 11:48:11 AM |
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BTC, LTC, ETH, and BCH
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refBitcoin.com - Bitcoin Marketing
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cryptomaniac_xxx
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October 23, 2020, 12:01:22 PM |
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Following PayPal information, Venmo allows payment of its services in BTC, ETH and a few other tokens, the price of BTC has increased sharply, sometimes surpassing $ 13,000 and is still holding at $ 12900. But why is the market reacting so positively? BTC can reach $ 20000 after PayPal, Venmo accept payments in BTC, ETH?
Obviously this is considered a good news and many FOMO, so the price is pushed to $13K and that's why the market works, if it see a good news it will react positively. As far as $20k? yes, we have touched that price is 2017 and it can happen again in the future. And predictions is that it can surpass the last all time high and move to $40K-$50K and even 6 digits figure. |
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btc_angela
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October 23, 2020, 12:03:53 PM |
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$20k will be the new $10k in the future, so investors are joining the bandwagon after the Paypal news and made the price reaches $13k in about what 2 days? That is very interesting and everyone is very happy to see that price in bitcoin because many altcoins also followed the price specially the top 10 coins. And there could be a lot of news that can impact the price in the future so get in while the price is still cheap.
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ASTON VILLA FC
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plr
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October 23, 2020, 12:30:48 PM |
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Following PayPal information, Venmo allows payment of its services in BTC, ETH and a few other tokens, the price of BTC has increased sharply, sometimes surpassing $ 13,000 and is still holding at $ 12900. But why is the market reacting so positively? BTC can reach $ 20000 after PayPal, Venmo accept payments in BTC, ETH?
This is a welcome development I know something big should happen for the price to kick and it's very surprising that Paypal is the one that can push the price of Bitcoin to $12000 when for the past weeks, it's having a hard time to gain buying support in the $12000 level, I'm now positive that Bitcoin will hit $20000 later this year or earlier next year. |
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Marina5
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October 23, 2020, 12:38:18 PM |
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Following PayPal information, Venmo allows payment of its services in BTC, ETH and a few other tokens, the price of BTC has increased sharply, sometimes surpassing $ 13,000 and is still holding at $ 12900. But why is the market reacting so positively? BTC can reach $ 20000 after PayPal, Venmo accept payments in BTC, ETH?
This is definitely good news for Bitcoin. The price of Bitcoin is already rising and I think its price will continue to rise for quite some time. But $20k is a big amount if we think about current situation. |
══════════════☛MEGATRON☚═════════════
THE RISE OF BLOCKCHAIN REVOLUTION |
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jrrsparkles
Sr. Member
 Online
Activity: 2394
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Eloncoin.org - Mars, here we come!
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October 23, 2020, 12:58:10 PM |
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Following PayPal information, Venmo allows payment of its services in BTC, ETH and a few other tokens, the price of BTC has increased sharply, sometimes surpassing $ 13,000 and is still holding at $ 12900. But why is the market reacting so positively? BTC can reach $ 20000 after PayPal, Venmo accept payments in BTC, ETH?
Possible but the amount it can be able to reach still unpredictable because members may use cryptos but its still same as paying with their paypal money so not much people going to spend extra money for the conversion fee to buy the same fee.But the reason for the increase is Paypal announced they are accepting cryptos for payments. |
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"I could either watch it
happen or be a part of it"
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Btra
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MYID
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October 23, 2020, 01:06:00 PM |
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Looking at the current scenario it looks like Bitcoin must hit the $20,000 again because the many financial institutions now accepted this currency as their fast payment also many economies are granting the resolution to be accepted in their country legally.
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dobol
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October 23, 2020, 01:08:20 PM |
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It's just me or i think bitcoin will hit $20,000 seems quite easy, atleast it will happens early on next year. and after this other major platform or brand will be following for integrating bitcoin, it will make bitcoin soaring even more
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thesmallgod
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October 23, 2020, 01:48:03 PM |
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$20k will be the new $10k in the future, so investors are joining the bandwagon after the Paypal news and made the price reaches $13k in about what 2 days? That is very interesting and everyone is very happy to see that price in bitcoin because many altcoins also followed the price specially the top 10 coins. And there could be a lot of news that can impact the price in the future so get in while the price is still cheap.
I still see factors such as High transaction as one of the major problem to be faced if this continue. Apart the lightning network which also have its on peculiarity, we have not seen any innovation that takle this problem of high fee. |
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kentrolla
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October 23, 2020, 02:32:45 PM |
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One thing you need to understand is the price depends only on demand and supply, Yes PayPal accepting crypto payment will make crypto more popular but it doesn't mean the price will pump because of this.
PayPal has millions of users across the globe and there possibilities of price pump too, However let's wait for few more days and see how this works it's better to hold now and wait patiently.
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happen or be a part of it"
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Bitstar_coin
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October 23, 2020, 02:33:41 PM |
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Following PayPal information, Venmo allows payment of its services in BTC, ETH and a few other tokens, the price of BTC has increased sharply, sometimes surpassing $ 13,000 and is still holding at $ 12900. But why is the market reacting so positively? BTC can reach $ 20000 after PayPal, Venmo accept payments in BTC, ETH?
Nobody can say for sure what will be the price of btc in the coming weeks and months but one thing is very clear, this PayPal news has some positivity in it, since the announcement btc price has been up and it seems this will continue because there is a strong possibility that new people will start to buy btc, PayPal has made btc more popular this few days and those who don't know about or who were scared to get involved are now willing to do so just because of the trust they have on PayPal, i think this announcement will certainly open new doors to crypto in general. |
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grabpopcorn536
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October 23, 2020, 02:35:16 PM |
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Getting Bitcoin to reach $ 20,000 will be difficult because there are currently many individuals and organizations holding Bitcoin and among them, they will also take profits when Bitcoin increases in value. It will take a lot of effort for the value of bitcoin to rise even higher, especially the good news, the money flowing into Bitcoin and the time it takes for bitcoin to model its chart.
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michellee
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October 23, 2020, 02:47:16 PM |
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It's just me or i think bitcoin will hit $20,000 seems quite easy, atleast it will happens early on next year. and after this other major platform or brand will be following for integrating bitcoin, it will make bitcoin soaring even more
The price will hit $20k. I am sure about that. But we need to have more patience to wait for that time because reaching that price will not be as easy as you say. Besides that, if you check the bitcoin price movements this year, you will see that every time bitcoin price reaches the highest price, the price will be back to the lower price, and it will stay at the current price for a while. Maybe the price will start another rally in the next month, and I am sure that if the next rallies are coming, we can see the price will make a new ATH. Many people predict bitcoin price will touch $20k, but they still don't know when that will happens. So if we can prepare from now on to have more bitcoin, I guess that we will make a big profit later, especially if the bitcoin price can surge to the next high price. The news from Paypal can be one of many reasons for the bitcoin price increase. But we don't know the real reason for bitcoin price increases, and we can only guess until we can know the reason. But I think we don't have to search for the reason, and it is better to enjoy this moment and make a profit while we can. |
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Saisher
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Merit: 175
#SWGT PRE-SALE IS LIVE
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October 23, 2020, 02:51:47 PM |
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Following PayPal information, Venmo allows payment of its services in BTC, ETH and a few other tokens, the price of BTC has increased sharply, sometimes surpassing $ 13,000 and is still holding at $ 12900. But why is the market reacting so positively? BTC can reach $ 20000 after PayPal, Venmo accept payments in BTC, ETH?
Why asking why the market reacts positively when this is a cause for celebration because this is a very big news finally Paypal join the Cryptocurrency bandwagon and this is the best time to join a very good combination, halving just finished and Paypal adding 4 Cryptocurrency in their platform. |
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Nalbo
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October 23, 2020, 03:00:04 PM |
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It may not be there instantly but slowly and steadily, the base for another launch to the moon is building up and this time, we'd settle on a higher level than the last time. The number of bitcoins is approaching closer to it's limit while more and more people and business are buying and holding them. With less coins to trade and buying coins readily available to more people, 20K is nearer.
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Snappycoco
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Activity: 534
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October 23, 2020, 03:11:19 PM |
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Slowly but surely it will. I guess by next year after pandemic it would go to $20K and probably even surpassing it. This paypal updates has become a big stepping stone for new digital economy.
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lobo13hf
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October 23, 2020, 03:16:59 PM |
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Bitcoin will reach 20k maybe next year. More partnership is about giving the more power for bitcoin. I just try to remind you that if the more big companies will adopt bitcoin or make it become available to be used by its users and that means more money will come to the bitcoin. Remember bitcoin has limit on its supply and more people can afford to buy more and more bitcoin.
20k should be the next floor for bitcoin and imagine it will grow even more soon.
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cuongtroll113 (OP)
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October 23, 2020, 03:18:24 PM |
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It's just me or i think bitcoin will hit $20,000 seems quite easy, atleast it will happens early on next year. and after this other major platform or brand will be following for integrating bitcoin, it will make bitcoin soaring even more
The price will hit $20k. I am sure about that. But we need to have more patience to wait for that time because reaching that price will not be as easy as you say. Besides that, if you check the bitcoin price movements this year, you will see that every time bitcoin price reaches the highest price, the price will be back to the lower price, and it will stay at the current price for a while. Maybe the price will start another rally in the next month, and I am sure that if the next rallies are coming, we can see the price will make a new ATH. Many people predict bitcoin price will touch $20k, but they still don't know when that will happens. So if we can prepare from now on to have more bitcoin, I guess that we will make a big profit later, especially if the bitcoin price can surge to the next high price. The news from Paypal can be one of many reasons for the bitcoin price increase. But we don't know the real reason for bitcoin price increases, and we can only guess until we can know the reason. But I think we don't have to search for the reason, and it is better to enjoy this moment and make a profit while we can. I think so. Should increase the amount of BTC first to have a good time. |
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MCDev
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October 23, 2020, 03:26:20 PM |
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The fact that PayPal, Venmo allow payment of their services in BTC, ETH and a few other tokens is very good news for the crypto market, people are slowly accepting bitcoin and cryptocurrencies.
I think it is time for governments to take a more positive look at bitcoin, and to accept bitcoin as a currency.
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