Bitcoin set to overtake PayPal in 2014

[CryptoCurrencyInc.com]

Bitcoin set to overtake PayPal in 2014

PayPal is owned by the 13 inbred European Bloodlines of the Terrorist organization Illuminati. Bitcoin is meant to be "the" decentralize cryptocurrency to take them down.
http://www.cryptocoinsnews.com/news/bitcoin-set-overtake-paypal-2014/2014/05/25

[TheTruth4]

I also heard Jesus Christ is returning to earth sometime later this year.

[brian_23452]

Wow, a hedge fund invested heavily in bitcoin declares they expect bitcoin to surpass paypal by year end.  I'm sure there is no conflict of interest there 

[agoraadnim]

I sure hope ANYTHING overtakes paypal. Been waiting for Paypl to die for some time. I've probably lost thousands to there broken senseless policy's. The worst currency site I've ever dealt with hands down.

[beetcoin]

btw does anyone know what paypal does with your funds when it's frozen? do they just take it for themselves and pocket it or where does it go?

[Nathonas]

Sensationalist claims like that do NOTHING for the legitimacy and growth of the bitcoin community. Be realistic please, Bitcoin will not outgrow Paypal in 1 year...we have a long time to go before we start to really challenge the existing monetary systems.

[Ron~Popeil]

btw does anyone know what paypal does with your funds when it's frozen? do they just take it for themselves and pocket it or where does it go?

I would wager they get a decent interest rate on the funds they freeze for months at a time. It stuns me to see people here that will line up to use them for BTC transactions.

[beetcoin]

imagine if your bank were going around looking for accounts to "freeze" the assets of... just so they could somehow just steal your money. so many people would be enraged.

[goregrind]

imagine if your bank were going around looking for accounts to "freeze" the assets of... just so they could somehow just steal your money. so many people would be enraged.

You don't have to imagine that, it already happened, see Cyprus.

[SomethingElse]

Sensationalist claims like that do NOTHING for the legitimacy and growth of the bitcoin community. Be realistic please, Bitcoin will not outgrow Paypal in 1 year...we have a long time to go before we start to really challenge the existing monetary systems.

+1

[sana8410]

Paypal downfall has been and will continue to be their bad customer service and the way they freeze you money for months. I would love nothing more than to never read another piece on PayPal (good or bad) for as long as I live.Go Bitcoin!

[BittBurger]

Wow, a hedge fund invested heavily in bitcoin declares they expect bitcoin to surpass paypal by year end.  I'm sure there is no conflict of interest there 

Yeah my first reaction to the article was that it read like an advertisement for the company, honestly.

They mention the company name way too many times.

Human dishonesty / shadiness never fails to disappoint.

-B-

[Wandererfromthenorth]

I also heard Jesus Christ is returning to earth sometime later this year.

No. Satoshi Cyber-Christ is coming.

[amitrwt]

as mush as we like to see bitcoin grow and overtake Paypal one day But this article was totally Biased ..!

[johnatan32]

Sensationalist claims like that do NOTHING for the legitimacy and growth of the bitcoin community. Be realistic please, Bitcoin will not outgrow Paypal in 1 year...we have a long time to go before we start to really challenge the existing monetary systems.

I just went to register the same, and then I saw your post. Totally agree with you

[yayayo]

Paypal downfall has been and will continue to be their bad customer service and the way they freeze you money for months. I would love nothing more than to never read another piece on PayPal (good or bad) for as long as I live.Go Bitcoin!

I'm hoping for the same to happen. However I don't think it will be possible in less than a year. That's sensationalist marketing.

Just HODL and be patient... Bitcoins' time will come...

ya.ya.yo!

[bryant.coleman]

Paypal downfall has been and will continue to be their bad customer service and the way they freeze you money for months. I would love nothing more than to never read another piece on PayPal (good or bad) for as long as I live.Go Bitcoin!

Paypal would have been extinct ages ago. But just because Ebay and other online retailers such as Amazon are supporting them, they are able to survive. Now with Bitcoin around, they won't survive for too long, even with the help from Ebay. 

[beetcoin]

Paypal downfall has been and will continue to be their bad customer service and the way they freeze you money for months. I would love nothing more than to never read another piece on PayPal (good or bad) for as long as I live.Go Bitcoin!

Paypal would have been extinct ages ago. But just because Ebay and other online retailers such as Amazon are supporting them, they are able to survive. Now with Bitcoin around, they won't survive for too long, even with the help from Ebay.  

paypal is huge, and multiple merchants support paypal payments (newegg, tigerdirect i believe, and a bunch of other online retailers). they are too big to just disappear overnight. maybe they start to see some attrition, but that doesn't mean they'll be marginalized by bitcoin.

[Silly Money]

I would love it if this happens. PP needs knocking down a peg or two. They need to rethink their fees and I hope bitcoin forces them too.

[beetcoin]

I would love it if this happens. PP needs knocking down a peg or two. They need to rethink their fees and I hope bitcoin forces them too.

their fees are high because they either destroyed or bought their competition.. that's capitalism for you.