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Author Topic: IT"S OFFICIAL: Paypal Now Accepts Bitcoin!  (Read 1230 times)
JessyMatt
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September 24, 2014, 02:04:32 AM
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IT"S OFFICIAL: Paypal Now Accepts Bitcoin! good news for bitcoin?

http://www.bitcoinvalues.net/ebays-paypal-accepting-bitcoins-via-coinbase.html

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zorke
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September 24, 2014, 04:31:22 AM
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The price of bitcoin went up ~$45 in the hours after this was announced so I would say this is good news for bitcoin.

The exact details of how this will work is still murky so I am not sure if users will be able to exchange their bitcoin for PP funds (or exactly how the two will merge)

EDIT: I do believe the devil will be in the details for PP accepting bitcoin
JessyMatt
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September 24, 2014, 06:43:57 AM
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The price of bitcoin went up ~$45 in the hours after this was announced so I would say this is good news for bitcoin.

The exact details of how this will work is still murky so I am not sure if users will be able to exchange their bitcoin for PP funds (or exactly how the two will merge)

EDIT: I do believe the devil will be in the details for PP accepting bitcoin

I see the increase. I'm debating if I should buy now or not!

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September 24, 2014, 07:29:31 AM
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price would be unstable for now i guess
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September 24, 2014, 07:31:15 AM
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It came back a little again, yes tight up your mojo to the price.
High times are here again children.
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September 24, 2014, 01:56:20 PM
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i'd say it's good news, but not all good news has an immediately positive effect on the price.
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September 24, 2014, 02:00:53 PM
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Looks like the same news as anyone else who is "now accepting bitcoin." Instant BTC sales, with very few people buying back.

Short term rise of $45 cant compete with the downward pressure of the actuality of what the event means. Great for bitcoin, don't get me wrong, not great for the price though. Too bad most people feel like the price validates bitcoin, which it doesn't.
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September 24, 2014, 03:52:39 PM
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I've been wondering how would such news impact on the price for years. We'll see, we've had good news lately and the price keeps stagnating. Will there be an actual "pay with BTC" button in ebay? if so, when.
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September 24, 2014, 03:54:56 PM
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The best would be that we can get paypal balance to btc now Cheesy
sandykho47
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September 25, 2014, 12:36:08 PM
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It's good news for bitcoin price
Just yesterday the price pumped about $25 dollar  Grin

But, i don't recommended to keep / use bitcoin in paypal
Becuase i THINK they will track you & give your personal information to NSA  Sad

The best would be that we can get paypal balance to btc now Cheesy

Some rich people will but BTC  Grin

I've been wondering how would such news impact on the price for years. We'll see, we've had good news lately and the price keeps stagnating. Will there be an actual "pay with BTC" button in ebay? if so, when.

Only god and someone in eBay knows

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September 25, 2014, 08:51:31 PM
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I've been wondering how would such news impact on the price for years. We'll see, we've had good news lately and the price keeps stagnating. Will there be an actual "pay with BTC" button in ebay? if so, when.

It will help to make price of BTC more stable in year to come.
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