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eBay sellers can now accept Bitcoins it seems

Discussion in 'CryptoCurrency' started by lancis, Sep 29, 2014.

  1. lancis

    lancis Elite Member

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    The good news:

    Merchants that work with eBay's PayPal can now easily start accepting payments from customers that use Bitcoin, an independent, government-less currency.
    PayPal struck a deal with three Bitcoin payment-processing companies: BitPay, Coinbase and GoCoin.

    http://money.cnn.com/2014/09/26/technology/paypal-bitcoin/

    The bad news:

    Just made a quick survey of the exchanges - large buy orders, small sell orders. Why the price keeps dropping?
     
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  2. Trepanated

    Trepanated Supreme Member

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    I saw the announcement over the weekend and if the price is dropping I am very surprised.

    I thought the price would definitely rise on that news
     
  3. smartcatmk

    smartcatmk BANNED BANNED

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    price start to go rapidly down when this news was publiched
     
  4. zenlagor

    zenlagor Regular Member

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    Too many big whales holding a lot of bitcoin, and people not selling making the price drop.
     
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  5. taugocom

    taugocom Newbie

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    bc will going up in future
     
  6. SkylerJarman

    SkylerJarman Jr. VIP Jr. VIP Premium Member

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    This is very interesting, I did not know about this. Definitely am going to be reading a bit more into it.
     
  7. behemothseo

    behemothseo Jr. VIP Jr. VIP

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    Read about this a while ago, what would be truly interesting is to see an Ebay bitcoin adoption graph.
     
  8. ShadeDream

    ShadeDream Elite Member

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    This is why any and all currency will always be doomed.
     
  9. gu3sswh0

    gu3sswh0 Regular Member

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    So they already started accepting it and the price did not go up? Doesn't make any sense. Guess so many people predicted it would go up so they held on to that bitcoin which killed the speculation.
     
  10. 3tails

    3tails Newbie

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    I just checked Cryptsy. It looks like Bitcoin is slowly rebounding!

    Bitcoin has gone up by $20 in the last week while LTC has taken a nosedive. Many people sold all their BTC and switched to LTC when bitcoin got really unstable, so I take it as an indication that many holders are starting to feel the worst is over and want to get back into the BTC game again.

    I wonder how long it will be until Paypal openly tells us it's taking bitcoin? After all, Paypal owns Ebay and has been tinkering with bringing Bitcoin transactions into it's service portfolio.
     
  11. flyry1022

    flyry1022 Newbie

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    Hopefully paypal will start taking it soon
     
  12. FacebookTraffic

    FacebookTraffic Newbie

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    not of yet, hope soon
     
  13. psymonk

    psymonk Newbie

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    possibly they will charge a high premium for this !!