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Author Topic: The CEO of eBay :we are considering intergrating bitcoin actively  (Read 2975 times)
RepublicSpace
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May 18, 2014, 11:31:52 AM
 #41

They are going to be extremely careful before they get on board, that's just the way it is.
The network tries to produce one block per 10 minutes. It does this by automatically adjusting how difficult it is to produce blocks.
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CoinDiver
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May 18, 2014, 04:14:38 PM
 #42

...why should they risk mixing their existing business systems that smell like roses (due to all the $$$ they spent and spend) with a system like bitcoin that is still unproven and has an uncertain reputation? If Paypal/Amazon/WU added serious bitcoin support into their systems, they'd risk "poisoning" their existing payment infrastructure with something that might get negative attention from regulators.

You are correct. They will not adopt until either a) the begin to lose market share that they can gain back (or slow the loss of) by incorporating bitcoin or b) they think it's inevitable that others will adopt, causing "a" to occur, and attempt to be first to market.

http://mises.org/daily/3229
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icet208
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May 18, 2014, 07:26:27 PM
 #43

...why should they risk mixing their existing business systems that smell like roses (due to all the $$$ they spent and spend) with a system like bitcoin that is still unproven and has an uncertain reputation? If Paypal/Amazon/WU added serious bitcoin support into their systems, they'd risk "poisoning" their existing payment infrastructure with something that might get negative attention from regulators.

You are correct. They will not adopt until either a) the begin to lose market share that they can gain back (or slow the loss of) by incorporating bitcoin or b) they think it's inevitable that others will adopt, causing "a" to occur, and attempt to be first to market.
they are loosing market slowly but sure if they dont embrase bitcoin
kuroman
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May 18, 2014, 07:32:26 PM
 #44

like everyone in this thread I'm kind of skeptical about this, Bitcoin is a direct competitor to paypal technology wise, so implementing bitcoin directly to ebay will have negative effect on paypal, so the only I'm seeing this working is that bitcoin would be implemented to paypal, and paypal will be a proxy or rather an exchange platform that will have fees to keep them making profit, while paypal is good when you are using ebay as it offer some level of protection the costs are still pretty high imo
CurbsideProphet
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May 18, 2014, 08:59:21 PM
 #45

eBay... the Company that called Bitcoin the currency for "hackers and scammers" or something to that effect not long ago. 

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Zer0Sum
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May 18, 2014, 09:51:13 PM
 #46

Bitcoin will be mainstream when people are using Bitcoin without even realising it.

The Bitcoin Foundation STRONGLY recommends...
That each of you set up a Cold Wallet by...

(a) loading Linux onto a (b) virgin laptop after (c) disabling WiFi.

Oh, nevermind.
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May 18, 2014, 10:16:14 PM
 #47

As long as all currencies included in the Paypal list, the BTC currency can also be included.

 Cool

All is Mine!

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Crindon
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May 19, 2014, 04:55:30 AM
 #48

Glad to see this change. It's about time that these guys got on board. Donahoe seems like a smart, forward-thinking guy so this comes as no surprise. Marcus is big on Bitcoin or so I've read, with a big stake in BTC.
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May 19, 2014, 10:46:05 AM
 #49

It is good news!

Just talking about it is amazing cos BTC was noticed by eBay
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May 19, 2014, 10:49:51 AM
 #50

It is good news!

Just talking about it is amazing cos BTC was noticed by eBay


They will do anything that gets them profit.

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Kashim
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May 19, 2014, 10:54:15 AM
 #51

sorry to doubt you guys but this wont happen.

they are just sweet talking to the shareholders nothing more....

all i  can imagine they could do is u can deposit ur paypal account with bitcoins. and even here i am very spectical
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May 19, 2014, 02:32:56 PM
 #52

They are never going to do that, at least they wont do something like that in the near future. Stop spreading these rumors.
CoinDiver
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May 19, 2014, 03:47:07 PM
 #53

As long as all currencies included in the Paypal list, the BTC currency can also be included.

 Cool

It really is as simple as that.

http://mises.org/daily/3229
BTC:1PEyEKyVZgUvV4moXvCD5rQN21QETGPpLc
hensi
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May 19, 2014, 03:50:31 PM
 #54

As long as all currencies included in the Paypal list, the BTC currency can also be included.

 Cool

It really is as simple as that.
but that would make paypal act as a bitcoin wallet. why will people use paypal for btc then?
CoinDiver
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May 19, 2014, 04:45:50 PM
 #55

As long as all currencies included in the Paypal list, the BTC currency can also be included.

 Cool

It really is as simple as that.
but that would make paypal act as a bitcoin wallet. why will people use paypal for btc then?

Just as they act as a USD wallet... and a EUR wallet...

The biggest complain I see about bitcoin is scammers. Which isn't so much a complaint about bitcoin as it is a complaint about doing business directly p2p without an intermediary. Paypal becomes that intermediary, and bitcoin becomes safe to use (as safe as USD via Paypal). The second biggest complaint is that it's hard to use/understand. Paypal solves both of those as well, for those willing to pay the fees associated with using btc in the paypal system.

BUT, we won't see this until paypal sees the profit (not the utility) in it.

http://mises.org/daily/3229
BTC:1PEyEKyVZgUvV4moXvCD5rQN21QETGPpLc
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May 19, 2014, 05:20:34 PM
 #56

Interesting thing with that secure bracelet, but it won't work. During a mugging situation, won't your heart rate increase due to flight or fight? Your heart rate is not as similar as a fingerprint.
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May 20, 2014, 01:07:48 AM
 #57

For business, There are no eternal rivals, apple vs Samsung? but apple still buy disply from Samsung, so for ebay or paypal, they can find a way cooperate with bitcoin in an certain form, that will make them not out of market totally, just like mircorsoft bought 2% of facebook to prevent other competitors.

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