BREAKING: PAY PAL INTEGRATES BITCOIN

[Bitcopia]

yall may think this is a good thing
IT IS NOT
this will be worse for the bitcoin price than alread the bad things happening!
it will even go faster down now!
dont be a bag holder!

I always appreciate your thoughtful and articulate posts.

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[Sampey]

antibitcoinconsortium -> Ignore List 

[MoreFun]

antibitcoinconsortium -> Ignore List 

Jup, he is already on the list.

[mmortal03]

Peter Thiel on now: http://www.ustream.tv/TechCrunch

[frienemy]

I get the feeling that the coming "bubble" is going to be wrongly assumed to be caused by Paypal acceptance. But who am I to care what people think the "bubble" is fuelled by? We should slowly grind upwards beginning in a few weeks and could very well explode end of October and the following 2 months That's what my balls of steel told me ^^

[grappa_barricata]

Either Paypal et all are realizing that the only way to fight the ostracism of established payment processors is to say them a big fat 'fuck you bitches' (having merchants receive payments in a bitcoin address, whatever the input currency - and that will be awesome), or they are going to merely milk the bitcoin holders (and that will be disgusting).

[Newbie1022]

Either Paypal et all are realizing that the only way to fight the ostracism of established payment processors is to say them a big fat 'fuck you bitches' (having merchants receive payments in a bitcoin address, whatever the input currency - and that will be awesome), or they are going to merely milk the bitcoin holders (and that will be disgusting).

It's the latter, bro. And you kind of know that, already.

[Room101]

Definitely good news, and news i have been expecting given Peter Thiels politics, interested so many here believe an ETF to be a certainty however. I have always assumed none would ever eventuate, just can't see .gov giving the go ahead. I mean, why would they? USD is already under attack from the BRICS, why open up market to something that could one day become competitor? I have always been under the assumption that the Wiki's attempt would fail, and nothing I have seen changes that assumption.

You guys really think it has a chance of being Ok'ed?

[romerun]

so, that means Ebay is on the horizon ?

[r3wt]

Either Paypal et all are realizing that the only way to fight the ostracism of established payment processors is to say them a big fat 'fuck you bitches' (having merchants receive payments in a bitcoin address, whatever the input currency - and that will be awesome), or they are going to merely milk the bitcoin holders (and that will be disgusting).

It's the latter, bro. And you kind of know that, already.

this

[hacknoid]

IMO, one of the best things about this news is that it is further confirmation (to all those out there that still don't understand/trust Bitcoin) that there is real value behind the concept.  Most people here don't really see or realize the view of these people, especially when we focus on all the good news, but there are still a LOT of people out there that need convincing.

News like this will turn heads, and, hopefully, some opinions as well.  It's all positive and great exposure.  One of the most positive points aside from the actual announcement was the confirmation from the Braintree CEO that Bitcoin solves some of the real problems that exist in the mobile payment space today.

Good news long term, for sure.

[Raystonn]

This means more selling pressure on the market! All the payments made by clients will be instantly sold for awesome FIAT!

Expect $3xx bitcorns soon!!!

Anyone currently holding Bitcoins that uses their current stash to make a purchase will buy more Bitcoin to replace what is spent.  It's a wash.
Anyone new to Bitcoin will first buy Bitcoin, then make the purchase.  If those Bitcoins are then liquidated, it's a wash.  X Bitcoins bought and X Bitcoins sold.

What this will do is introduce Bitcoin to those who do not know about it, and transfer more value from fiat to Bitcoin in the process.

[grappa_barricata]

Either Paypal et all are realizing that the only way to fight the ostracism of established payment processors is to say them a big fat 'fuck you bitches' (having merchants receive payments in a bitcoin address, whatever the input currency - and that will be awesome), or they are going to merely milk the bitcoin holders (and that will be disgusting).

It's the latter, bro. And you kind of know that, already.

Yeah, it was the latter. See comments here.
Maybe i suspected it, but you know... hope. 

[inca]

I get the feeling that the coming "bubble" is going to be wrongly assumed to be caused by Paypal acceptance. But who am I to care what people think the "bubble" is fuelled by? We should slowly grind upwards beginning in a few weeks and could very well explode end of October and the following 2 months That's what my balls of steel told me ^^

Balls of steel, a vital piece of investing equipment when dealing with bitcoin!

[chesthing]

How will paypal handle returns bought with btc? 

[gogxmagog]

My guess is they provide the escrow. Could operate an exchange?

They are testing it out on the Braintree platform. I've read some literature on the Braintree platform and I still am unclear on what it does. Of course /pheonix tears.

Braintree is a card reader and integration, now the tapping

Does anybody use touch payments yet, I feel like Braintree is testing it on their platform as a beta. See if they like how it works etc

It's crazy news, and rumour like, might be anything big for quite some time

[porcupine87]

300 ? This should be good ? no ?

yes we had half a year of good news non-stop. the joke was that judging by the current valuation, good news only have negative effect on the price for some reason. so sell all before more good news.

Actually, the growing gap between valuation based on bitcoin wide adoption and severely unrelated price is what will lead to explosive growth, soon.

You forgot the bad news which is more important. Your neighbours and friends which you haven't introduced to Bitcoin still don't know that it exists respective never used it for testing.

[spooderman]

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[ensurance982]

I'm a bit puzzled about the uncertainties about this news. Have there been any 'official' announcements yet? But it's no wonder the price went a bit down again, good news don't do anything for the price these days. Sad thing...

[CryptoCarmen]

This means more selling pressure on the market! All the payments made by clients will be instantly sold for awesome FIAT!

Expect $3xx bitcorns soon!!!

There was trades at 3200 euros yesterday on btc-e. that is over $4000 per BTC.