IT'S OFFICIAL: Paypal/eBay ACCEPTING Bitcoin!

[zorke]

Going to wait and see how this will be implemented.

But this is definitely a win for bitcoin

no, it is a win for paypal.

I agree. I think this will get more people to use their bitcon via paypal which will result in more people using paypal and more paypal fees for ebay. I somewhat doubt that more people will use bitcon as a result of this

[greeneye222]

Paypal openly said that paypal merchants are now accepting bitcoins.

[dothebeats]

Good news for bitcoiners. Let us see the effect of this news in the coming weeks.

I have a question: Paypal charges fees right? How about the idea of low fees from bitcoin? Would it be ruined by Paypal or not? Would the idea of low transaction fees be compromised by this system?

[llanillo]

Great news... finally i be able to buy some stuff that i really wanted

[mailmansDOGE]

How do we know that this is official?

[ScreamnShout]

How do we know that this is official?

http://www.forbes.com/sites/ryanmac/2014/09/23/paypal-takes-small-step-toward-bitcoin-partners-with-cryptocurrency-processors/

The above news article written by forbes (which is extremely reputable)

[Jerome?]

How do we know that this is official?

It is official but I havent read anything about paypal-bitcoin users right now.

[neurotypical]

How do we know that this is official?

http://www.forbes.com/sites/ryanmac/2014/09/23/paypal-takes-small-step-toward-bitcoin-partners-with-cryptocurrency-processors/

The above news article written by forbes (which is extremely reputable)

Everyone is rambling about Paypal/eBay accepting Bitcoin for months now, while im yet to see a way to accept Bitcoin in my business which is run in Paypal. When we will be actually able to use it?

[pitham1]

Good news for bitcoiners. Let us see the effect of this news in the coming weeks.

I have a question: Paypal charges fees right? How about the idea of low fees from bitcoin? Would it be ruined by Paypal or not? Would the idea of low transaction fees be compromised by this system?

The fees would have to be absorbed by the merchants. Low transactions fees would only be applicable if you directly purchase goods from the vendor.

[mandular]

This is strange that this king of great news didn't push the price up.
What do you think about that ?

[money420weed]

Good news for bitcoiners. Let us see the effect of this news in the coming weeks.

I have a question: Paypal charges fees right? How about the idea of low fees from bitcoin? Would it be ruined by Paypal or not? Would the idea of low transaction fees be compromised by this system?

The fees would have to be absorbed by the merchants. Low transactions fees would only be applicable if you directly purchase goods from the vendor.

In theory, PP could offer less fees if someone were to pay for something on PP's platform but funded the transaction with bitcoin. PP would have less risk because of the lack of the ability to charge back the payment method they used to fund their PP account

[DhaniBoy]

this proves that bitcoin as currency cryptocurrency already acceptable in most of the international payment system like paypal and ebay, I hope it can last a long time, now stay on the product manufacturers, whether they want to accept bitcoin as a means of payment in the deal ... hopefully international payment system that others can follow in the footsteps paypal and ebay ... 

[rday3]

I think paypal accepting bitcoin will help the community so much as it will be a safe and easy way to use bitcoins

[jjacob]

This is strange that this king of great news didn't push the price up.
What do you think about that ?

When the bears are in action, good news can't do much.