Paypal adds crypto, bitcoin on the move up 7%

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  1. #1
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    Paypal adds crypto, bitcoin on the move up 7%


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    I saw this earlier too. I believe venmo is or has too

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    This must be why Bitcoin is on the rise...
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    Quote Originally Posted by The Admin View Post
    This must be why Bitcoin is on the rise...
    You might get your wish of it going to 20,000 again

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    Great but F that lol.


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    Quote Originally Posted by THEJOKER View Post
    Great but F that lol.

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    Lol I hear you as PP will just become another exchange that we have to be wary of using as they might pull the same crap like Coinbase and CashApp have been doing. If you do go buy/sell crypto with Paypal you going to need to be extra careful as one mistake where you send coin as payment to might get your paypal account locked/closed permanently.
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    Quote Originally Posted by The Admin View Post
    This must be why Bitcoin is on the rise...
    According to the Google article I read its exactly for that reason

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    Arnold
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    Quote Originally Posted by samgraves82 View Post
    According to the Google article I read its exactly for that reason
    I bet, PayPal and Venmo (just read this) getting involved is a huge deal.
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    Quote Originally Posted by The Admin View Post
    I bet, PayPal and Venmo (just read this) getting involved is a huge deal.
    Yep it would be cool to be able to pay anyone in bitcoin as simple as selecting your bitcoin wallet just like with any other payment source (bank account, credit/debit cards).
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    Quote Originally Posted by The Admin View Post
    I bet, PayPal and Venmo (just read this) getting involved is a huge deal.
    I can't help but think the next step is that retailers, especially online, will fall in line and start accepting btc as payment. Not sure what that would mean for people like us but we shall see I suppose

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    Arnold
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    Quote Originally Posted by MindlessWork View Post
    Yep it would be cool to be able to pay anyone in bitcoin as simple as selecting your bitcoin wallet just like with any other payment source (bank account, credit/debit cards).
    The government is the one in the way of this.
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  12. #12
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    Quote Originally Posted by The Admin View Post
    The government is the one in the way of this.
    True, that's why I myself is kinda wary of buying/selling crypto via Paypal as PP is pretty much in bed with the Feds. While it sounds good, it can be a trap.
    Last edited by MindlessWork; 10-21-2020 at 12:00 PM.
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    Never trust Paypal.

    I sued them and won

    They will seize your money and they will blacklist you, etc, etc.

    They are as corrupt of an organization and as politically biased as it gets.

    Horrible company. Trust me on this.

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    Quote Originally Posted by WesleyInman View Post
    Never trust Paypal.

    I sued them and won

    They will seize your money and they will blacklist you, etc, etc.

    They are as corrupt of an organization and as politically biased as it gets.

    Horrible company. Trust me on this.
    Bet they made your life hell after that. I myself only use Paypal for buying/selling legit stuff on ebay so yes I am wary about them stepping into crypto. I hope they get burned in the crypto market.
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    BTC is at 12,787.89 Id love to see it at 20K
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