Today we are announcing PayPal’s next step in helping merchants accept Bitcoin payments.

tada to the moon

fuck Paypal. They are making nano-silver merchants stop selling their products. They are no doubt illuminate bastards

Yep. BTC will be $100,000 each by this time next year.

Now you can get scammed out of bitcoins with reversals. Go paypal...

So does this mean i can convet btc to usd?

Help fill me in here why are people against it so much?

Bitcoins are fake. If the electricity ever goes out, the fools with bitcoins might figure that out.

Dollars are also fake. Electronic account entries on computers.

Of course dollars are fake.

Anyone who wants to preserve what they have, will buy REAL things. After a person has enough food and water and clothing and all of the other things that they use daily, then they should have gold and silver in their possession.

If people don't own at least one firearm, they may lose those other real things when times get worse.

Bitcoin is gonna be at 50k per coin next year.

All of you people have the chance to make some serious $.

Take it, or not..

I'll give you a hint. All that extra $ will allow you to buy a lot of guns, gold, silver, whatever you want.. :)

Also Dogecoin! Wow!

At least nobody can decide to print more bitcoins than defined in the protocol. There will never be more than 22 million bitcoin.

Very cool

Extreme high-low swings, all the way from pre 32 per BTC days to 32 to 2, to 1200 then to 400-450.

Bitcoin also isn't designed for mass adoption unless someone manages to make it so, and so far there's been difficulty. It's not designed for average computers to crunch. It can be divisible so much before the strain on the system becomes too much.

It is however possible to trade BTC for a second party altcoin that can handle the technical hurdles. How profitable or successful that is remains to be seen.

Governments can ban it anytime sending values down dramatically in a matter of seconds. Even rumors of such bans send the number down.

Also... It's completely digital which means it can disappear anytime. It's simply worse than paper money, but it is innovative and yes potentially profitable.

HOWEVER it can be simply replaced by another altcoin. One day it might be 100k per BTC the next it can be 0.1K again.

Bitcoin is literally only worth what people think it is worth.

Bitcoin is a digital currency created by someone you don't know, endorsed by the Federal Reserve, and nothing you can spend or use if the electricity goes down which it will.

It is a psyop, complete with all the new laws, and regulations to make sure you pay your farmer for the right to use it.

Bitcoin is trackable if it is on the web. Could be subjected to raids on servers, and the like.

Not to mention that if bitcoin can be purchased, what is to stop those with the printing machines of currency, central bankers and the like, from simply purchasing the lions share of the bitcoins, and controlling it like they have everything else?

You made some typos. I fixed them for you.

Ha..... bitcoin lovers are a funny lot. So gullible. It's adorable.

What's the point? Bitcoin was designed for making purchases on "darknet" or "undernet" of nefarious items/services. WTF is the point of PayPal accepting them? You won't be able to purchase the products/services they were meant for!

This has already happened, unfortunately. Only about 927 people own half of all bitcoins, and 1% of that probably own the other half of those bitcoins. This is of course, a threat to the overall stability of bitcoin.

Lets imagine BTC gets to 10K. Someone fire sales it all the way to 5K, all of this happens in a night, Joe Schmuck who purchased it for 9.9K the day before wakes up to it being valued half.

This same scenario has happened before when the FBI announced they were selling some of the silk road website founder's BTC.

Foolish ignorant fools.

you have a chance to invest in a revolutionary new technology, one that is poised to go mainstream and become one of the most rapidly growing industries in the world..

but you refuse to do so because..... why? Because it's based on math and not controlled by the federal reserve scammers oops I meant bankers?

Oh well, I'll be laughing at all of you :)

OF COURSE IT WILL
FIAT CURRENCY BACKED BY NOTHING

Be warned, the crypto currency world is just as rigged as the fiat currency world. It is revolutionary yes, but still very dangerous waters. It is exactly like gambling.

I get it I think- BTC will be worth $100,000 of massively devalued US dollars?

This is just the start of seeing crypto currency / blockchain technology going mainstream IMHO

They also have plans to support other cryptocurrencies besides Bitcoin. [link to www.cryptocoinsnews.com (secure)]


Those that don't understand should take some time and learn the basics, this is so much more than new internet money.

The easiest way to learn is to dig in a little bit, it is so much easier to start learning now. For instance by starting with a mostly still unknown crypto currency that is more advanced than Bitcoin and yet much more friendly and easy to use like Pandacoin, you can get a risk free jumpstart. you can have your own free Pandabank up and running in no time, lots of good learning material is provided here: [link to pandacoinpnd.org]

The best first crypto currency to try out and learn with right now is Pandacoin, they are doing things right for a easy to use fair, honest and safe solution, oh and the price is extremely low so experimenting is a very low risk. Actually you can try it out and get some Pandacoin to start with free. [link to pandacoinpnd.org]

At least check out their video, refusing to even look into crypto currencies and peer to peer blockchain technologies is like refusing to try the internet because your used to the old way.

This is not investment advice (I am into Pandacoin myself) but I am urging you all to open your mind and put a small effort into learning some of the real ways this can be very positive.

I am already laughing at the folly of bitcoin lovers. I win.

One of the more promising players are Ripple Labs (XRP)

That's ominous. R.I.P.ple Labs

Shoot, providential metals take litecoin/doge/bit seems like a no Brainerd.

Ripples suck, they are pre-mined and centralized (the exact opposite of bitcoin) designed to make the founders rich. Fuck em

How many times did I read that? Won't happen, despite all the 'good' recent news regarding Bitcoin, price is STILL going down. I hope you're right tho.

After Liberty Reserve Shut Down, Is Bitcoin Next?

The Wall Street Journal reports one place that won’t happen anymore is Liberty Reserve — the provider of anonymous virtual money transfer services “virtually all” of whose $6 billion worth of transfers in 55 million transactions by a million users were done to launder illegal activities, according to Manhattan U.S. attorney, Preet Bharara.

Read the article- Forbes Mag
[link to www.forbes.com]