BTC can reach $ 20000 after PayPal, Venmo accept payments in BTC, ETH?

[samcrypto]

Without paypal, the bitcoin price will definitely exceed $20k, if it is related to paypal it can make bitcoin prices soar high, then at least there is no stagnant movement like now. This development is related to the acceptance of bitcoin on paypal that does have a positive impact but still, this is not a guarantee for bitcoin prices to reach 20k in a short time. So that when the bitcoin price reaches that value, it will definitely happen because the season will come and not about paypal.

Adoption is a big thing so believe it or not, Paypal helps Bitcoin to rise again and many investors are getting in because of this great news, this will always bring positive in cryptomarket and hopefully to reach that level soon. More good news and the bull market will confirm, we are waiting for this kind of adoption so let’s just support this one and admit that we need those businesses to get in.

[gentlemand]

https://www.coindesk.com/paypal-removes-waitlist-for-new-crypto-service

Bitcoin and its deformed children is now available to all US Paypal accounts and the buying limit has been raised to $20,000 a week. Let's hope there's some real ones backing it.

[exstasie]

https://www.coindesk.com/paypal-removes-waitlist-for-new-crypto-service

Bitcoin and its deformed children is now available to all US Paypal accounts and the buying limit has been raised to $20,000 a week. Let's hope there's some real ones backing it.

Paxos is very by the books, and I kind of doubt Paypal got a Bitlicense just to go rogue.

I don't have high hopes for any sort of blockchain transparency, but I'm hoping they'll at least publish their specific crypto holdings in their periodic financial statements. If they want to be opaque about it, they could probably just lump everything together in fiat terms under "intangible assets" and leave everyone guessing.

[gentlemand]

I don't have high hopes for any sort of blockchain transparency, but I'm hoping they'll at least publish their specific crypto holdings in their periodic financial statements. If they want to be opaque about it, they could probably just lump everything together in fiat terms under "intangible assets" and leave everyone guessing.

I'm sure it'll be fine. However the sad thing is that perhaps 0.00001% of Paypal's customers will actually ask to see if there's any way of verifying their holdings. The rest will mindlessly pile in.

[SaShiRaJaVu]

Maybe in months or year from this point we will see the effect and might bring us Great Pump that we have been waiting for almost 3 years now.

If a market recovers from $3k and quadrupled in a few months i consider it as a huge rally, no other financial asset in the world will give you that much profit in a short period of time considering when the rally started. Even if you entered the bitcoin market at a later part of the rally in 2018 and was holding it for a longer time, it is better to hold for a year further if he had the patience to hold this long it is better to wait for another year and even if you want to book your profit it is possible because the time that took to rally to its all time high valuation was a short window and i really do not think that many invested at its absolute peak.

[btc_angela]

Maybe in months or year from this point we will see the effect and might bring us Great Pump that we have been waiting for almost 3 years now.

If a market recovers from $3k and quadrupled in a few months i consider it as a huge rally, no other financial asset in the world will give you that much profit in a short period of time considering when the rally started. Even if you entered the bitcoin market at a later part of the rally in 2018 and was holding it for a longer time, it is better to hold for a year further if he had the patience to hold this long it is better to wait for another year and even if you want to book your profit it is possible because the time that took to rally to its all time high valuation was a short window and i really do not think that many invested at its absolute peak.

That's why bitcoin is the best assets right now, because it has the ability to bounce back when people think that it will go down in this pandemic, and in less than a year, we stood at $16k, 5x of the last lowest low we have this because of the effect of covid-19. And we still have a full month of December, no wonder many are getting excited to the idea that we can reach $20k at the end of the year.

[Alohadanc3]

This time btc did a really good run. Fir last few months btc is trying to go up. And these institutional news give btc a boost. Accepting by square paypal is really a great thing. Btc and other currencies are now going to available for the mass. And btc with the whole marketcap started to push. And eventually it gives great profit to those who hold. But the most powerful push comes from us election results. I am not sure about it. But this two.incident are maybe connected at some silk.

[Fatunad]

This time btc did a really good run. Fir last few months btc is trying to go up. And these institutional news give btc a boost. Accepting by square paypal is really a great thing. Btc and other currencies are now going to available for the mass. And btc with the whole marketcap started to push. And eventually it gives great profit to those who hold. But the most powerful push comes from us election results. I am not sure about it. But this two.incident are maybe connected at some silk.

There's no such thing about these fundamentals to be the main reason on why we did really have some rise but to presume that this do connect out Bitcoin specially with Paypal news
then we can presume that it did really give out some significant impact or some push towards the price since this is an adoption kind of event but for that
election thing then i dont see any connections with it towards the crypto market.We almost hit up the ATH but it had been rejected but well it doesnt
matter because corrections like these are common and natural.The best thing to do is to buy up cheap coins and then make out some profit
on when the market tends to recover again.

[Vaskiy]

Making the thread title statement true, there is good progress in the price of bitcoin and rest of the altcoins. The large companies participation had helped the entire cryptocurrency market have a boost up. Maybe if there is no large scale participation from the companies, the same growth could've taken place. I mention this based on the growth it had experienced during the first wave of covid-19 spread.

[Vishnu.Reang]

Making the thread title statement true, there is good progress in the price of bitcoin and rest of the altcoins. The large companies participation had helped the entire cryptocurrency market have a boost up. Maybe if there is no large scale participation from the companies, the same growth could've taken place. I mention this based on the growth it had experienced during the first wave of covid-19 spread.

We're still $1.5K away from $20,000. But looking at the current trends, that could be achieved within the next few weeks, or even few days. The way Bitcoin behaved during the correction phase was impressive. It was such a large correction, and yet within less than a week the prices recovered. This shows that bulls are in complete control at the moment. Expect a sharp rally, once $20K is breached.