PayPal hints at Bitcoin integration

Patel

Patel

Senior Member
Joined
Mar 1, 2011
Messages
1,154
Reaction score
1,519
[video=youtube_share;pF7HxLCFMeY]http://youtu.be/pF7HxLCFMeY?t=8s[/video]

The whole video seemed dedicated to Bitcoin. Watch from 8 seconds.


"We can spend Bitcoin with a tap."
"We have magical money. Not bound by bank or bill. It's instant, simple, and secure enough to get out on the way. Consider yourself invited to the people economy."

Last year, the owner of PayPal said he owns Bitcoin and likes it. PayPal has been experimenting with Bitcoin lately, and rumors are they are working with Coinbase.
 
Advertise on BHW
Such an interesting video. Half a year ago I was trying to buy bitcoins by paypal but it was too hard. I of course understand the risk involved, it's too easy to win the chargeback nowdays.
 
They also hint at branding it, don't know if that's positive though.
 
If that's the news, there will be a really huge market for bitcoins considering with now a days market.

The rate will be really high when the paypal started accepting bitcoin.
 
The big news is that Braintree (one of PayPal's branches) is now accepting Bitcoin for merchants on the Braintree platform.
 
Wow, I am surprised! Definitely wouldn't of thought PayPal would be so accepting based on their history.
 
No doubt this will definitely increase the Bitcoin price . As we all use Paypal so they will bring something which can protect the flase chargeback issues.
 
pana1 said:
Wow, I am surprised! Definitely wouldn't of thought PayPal would be so accepting based on their history.
Click to expand...

I agree. Paypal, the company that seems to want everything including a DNA sample involved with Bitcoin, I don't believe it. How are they going to verify you pee sample with something that's suppose to be anonymous? I left Paypal years ago and haven't been back. They're just plain too nosey.
 
Liza9 said:
No doubt this will definitely increase the Bitcoin price . As we all use Paypal so they will bring something which can protect the flase chargeback issues.
Click to expand...
I also think that it will increase the price of BTC. But, I haven't found anything like this. Today's rate is 1BTC=$464 which is less than yesterday.
 
won't be successful . most bitcoin transactions are for shady/anon purposes. With paypal I don't think it will be possible.
 
divok said:
won't be successful . most bitcoin transactions are for shady/anon purposes. With paypal I don't think it will be possible.
Click to expand...

That's not true at all. BitCoin has legitimate uses, for example, I can send BitCoin to my sister in the UK and instead of using PayPal hardware to process the transaction, it uses the miners hardware, therefore making the transaction fee cheaper.

Distributing the server load of transaction processing and verification across several users that aren't using their computer at the time makes complete sense. PayPal would be stupid not to jump on to BitCoin. We all saw what happen to Kodak.
 
O___O

I have goosebumps now. PLEASE paypal, accept bitcoin! Will be one of the greatest days for me :D

I hate to use virwox... lol.

warm regards,
neocortx
 
The more money available to sellers.. the better ;)

I wouldn't mind taking a few payments in BitCoin through PayPal myself, what about you guys?
 
Honestly felt brainwashed by watching that video. Great new for BTC once there is paypal integration.
 
divok said:
won't be successful . most bitcoin transactions are for shady/anon purposes. With paypal I don't think it will be possible.
Click to expand...

My fear is they will incorporate some kind of transaction fee. Paypal isn't going to do something if they can't make money off it. CoinBase fees are super low considering the benefits. My other fear would be PayPal's compliance with big brother... Would possibly give the government an open door to your BTC wallet and blockchain transactions. I don't believe "most" transactions are for shady purposes, not anymore at least. Most transactions are actually trades made by robots or day traders on platforms like BTC-E. Sure, the road gets a good bit of activity, but I wouldn't personally call transactions at the road "shady" ... I'd just call it preference, which IMHO we should be entitled to. I don't see what the big deal is, just so long as they aren't harming anyone or anyones property, if they want to smoke some dope, let em.:pirate:
 
Last edited:
AdMissile said:
Honestly felt brainwashed by watching that video. Great new for BTC once there is paypal integration.
Click to expand...

hahaha glad I wasn't the only one... I was wondering if there was some hidden subliminal messages in there with how fast they had it going. Different, that's for sure.
 
Advertise on BHW
You must log in or register to reply here.
Sign up now!

Main Menu

Home Main Forum List Black Hat SEO White Hat SEO BHW Newbie Guide Blogging Black Hat Tools Social Media Downloads

Marketplace

Account Selling Content / Copywriting EBooks / Methods Hosting Misc Proxies For Sale SEO - Link building SEO - Packages Social Media Social Media - Panels Web Design More

Making Money

Affiliate Programs Hire a Freelancer IM Journeys Making Money Pay Per Click Site Flipping Want to Buy

BlackHat World

Dispute Resolution Forum Suggestions & Feedback Introductions Lounge
Back
Top