Major News: PayPal Getting Into Crypto

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  • jjgold
    SBR Aristocracy
    • 07-20-05
    • 388179

    #1
    Major News: PayPal Getting Into Crypto
    Interesting

    Now
    We have slight shot could go mainstream
    I believe they are going to embed it with all their merchants and be able to pay merchants with it

    Big stuff
  • stake1
    SBR Posting Legend
    • 12-19-18
    • 18116

    #2
    Huge news!
    Comment
    • pablo222
      SBR Hall of Famer
      • 01-03-19
      • 8858

      #3
      Also

      Posted by Yulia in the bitcoin tracking thread

      the herd is coming

      https://www.forbes.com/sites/michael...llar-spin-off/


      https://www.forbes.com/sites/nickcho...th-of-bitcoin/

      https://ir.microstrategy.com/news-re...-reserve-asset

      https://decrypt.co/45683/grayscale-m...n-worth-crypto


      https://www.forbes.com/sites/billyba.../#7136ae5d55b3
      Comment
      • pablo222
        SBR Hall of Famer
        • 01-03-19
        • 8858

        #4
        Bitcoin up almost 18 percent in the last month.

        At $12,468.65 right now.
        Comment
        • RudyRuetigger
          SBR Aristocracy
          • 08-24-10
          • 65084

          #5
          Originally posted by pablo222
          Bitcoin up almost 18 percent in the last month.

          At $12,468.65 right now.
          That is due to people thinking democrats win
          Comment
          • pologq
            SBR Posting Legend
            • 10-07-12
            • 19899

            #6
            would be great to have paypal as a bitcoin wallet to make deposits
            Comment
            • pablo222
              SBR Hall of Famer
              • 01-03-19
              • 8858

              #7
              Originally posted by RudyRuetigger
              That is due to people thinking democrats win
              Rudy. Did you check out the links above?
              Comment
              • RudyRuetigger
                SBR Aristocracy
                • 08-24-10
                • 65084

                #8
                No, working

                I would say I will but to be honest that is probably too much reading for me.


                So the herd is coming... which means regulation????
                Comment
                • pablo222
                  SBR Hall of Famer
                  • 01-03-19
                  • 8858

                  #9
                  Originally posted by RudyRuetigger
                  No, working

                  I would say I will but to be honest that is probably too much reading for me.


                  So the herd is coming... which means regulation????
                  Bound to happen.
                  Comment
                  • RudyRuetigger
                    SBR Aristocracy
                    • 08-24-10
                    • 65084

                    #10
                    Log in to your paypal account and click join the waitlist if you want to do cryptos through paypal
                    Comment
                    • Snowball
                      BARRELED IN @ SBR!
                      • 11-15-09
                      • 30064

                      #11
                      only criminals care about bitcoin privacy now
                      the appeal has shifted to value, as ridicuous as that may be
                      nothing has to make sense, agenda is reality
                      Comment
                      • navyblue81
                        SBR MVP
                        • 11-29-13
                        • 4143

                        #12
                        Explains why btc is exploding today.
                        Maybe this will make it quicker to get money from bank to betting site using bitcoin.
                        Comment
                        • johnnyvegas13
                          BARRELED IN @ SBR!
                          • 05-21-15
                          • 27917

                          #13
                          Crypto is such a shttt show now

                          100 different coins out there
                          Comment
                          • no1here
                            SBR Hall of Famer
                            • 03-23-09
                            • 5914

                            #14
                            I rather know when they are getting into Betpoints,
                            Comment
                            • Sam Odom
                              SBR Aristocracy
                              • 10-30-05
                              • 58063

                              #15
                              Originally posted by Snowball


                              only criminals care about bitcoin privacy now

                              Not so hard to stay private tho


                              Originally posted by johnnyvegas13


                              Crypto is such a shttt show now

                              100 different coins out there

                              Bitcoin still King
                              Comment
                              • biggie12
                                SBR Posting Legend
                                • 12-30-05
                                • 13794

                                #16
                                bitcoin definitely not king amongst the privacy coins.
                                Comment
                                • Sam Odom
                                  SBR Aristocracy
                                  • 10-30-05
                                  • 58063

                                  #17


                                  michael jordan way down the list as best White NBA players
                                  Comment
                                  • cincinnatikid513
                                    SBR Aristocracy
                                    • 11-23-17
                                    • 45360

                                    #18
                                    what took them so long
                                    Comment
                                    • Sam Odom
                                      SBR Aristocracy
                                      • 10-30-05
                                      • 58063

                                      #19
                                      Originally posted by cincinnatikid513


                                      what took them so long

                                      been in the works for 3 yrs
                                      Comment
                                      • Miklos
                                        SBR MVP
                                        • 06-02-06
                                        • 1057

                                        #20
                                        Originally posted by RudyRuetigger
                                        Log in to your paypal account and click join the waitlist if you want to do cryptos through paypal
                                        Just logged in to my PayPal account----where do I find "join the waitlist if I want to do cryptos through paypal" ?
                                        Comment
                                        • RudyRuetigger
                                          SBR Aristocracy
                                          • 08-24-10
                                          • 65084

                                          #21
                                          Originally posted by Miklos
                                          Just logged in to my PayPal account----where do I find "join the waitlist if I want to do cryptos through paypal" ?
                                          wow, it was on the first page when i logged in


                                          maybe the waitlist is full?
                                          Comment
                                          • RudyRuetigger
                                            SBR Aristocracy
                                            • 08-24-10
                                            • 65084

                                            #22
                                            Originally posted by RudyRuetigger
                                            wow, it was on the first page when i logged in


                                            maybe the waitlist is full?
                                            I just logged back into paypal, I have no confirmation anywhere (not even an email) that I am on a waitlist

                                            But i definitely clicked join waitlist and said i would hear from them in the coming weeks to try it out first
                                            Comment
                                            • Judge Crater
                                              SBR MVP
                                              • 10-05-20
                                              • 2024

                                              #23
                                              Maybe Amazon next
                                              Comment
                                              • deeppckts
                                                SBR Wise Guy
                                                • 12-19-12
                                                • 830

                                                #24
                                                Don't see what this changes at all except people with really low IQs might finally figure out how to buy/sell crypto because the whole wallet and exchange concept is sooo hard.
                                                Comment
                                                • jjgold
                                                  SBR Aristocracy
                                                  • 07-20-05
                                                  • 388179

                                                  #25
                                                  Bitcoin was always too difficult

                                                  80% of world pop does not even know how to get a wallet
                                                  Comment
                                                  • Kermit
                                                    BARRELED IN @ SBR!
                                                    • 09-27-10
                                                    • 32555

                                                    #26
                                                    Originally posted by jjgold
                                                    Bitcoin was always too difficult

                                                    80% of world pop does not even know how to get a wallet
                                                    I won $100 in bitcoin from SBR, made an account at coinbase.com and sent the receiving address in and they replied back and aid that it needs to be 34 characters and the address I got is only 18. I don't know what a bitcoin even is or what you do with it.
                                                    Comment
                                                    • Bostongambler
                                                      BARRELED IN @ SBR!
                                                      • 02-01-08
                                                      • 35581

                                                      #27
                                                      That’s the mystery surrounding the whole thing, Kermit. But the twin brothers swear by it.
                                                      Comment
                                                      • Bostongambler
                                                        BARRELED IN @ SBR!
                                                        • 02-01-08
                                                        • 35581

                                                        #28
                                                        Originally posted by deeppckts
                                                        Don't see what this changes at all except people with really low IQs might finally figure out how to buy/sell crypto because the whole wallet and exchange concept is sooo hard.

                                                        Heard you are still on MySpace.
                                                        Comment
                                                        • unde0087
                                                          BARRELED IN @ SBR!
                                                          • 03-27-08
                                                          • 28967

                                                          #29
                                                          Originally posted by RudyRuetigger
                                                          I just logged back into paypal, I have no confirmation anywhere (not even an email) that I am on a waitlist

                                                          But i definitely clicked join waitlist and said i would hear from them in the coming weeks to try it out first
                                                          probably means you got hacked
                                                          Comment
                                                          • jjgold
                                                            SBR Aristocracy
                                                            • 07-20-05
                                                            • 388179

                                                            #30
                                                            Big spike Bitcoin and PayPal today
                                                            Comment
                                                            • themike78
                                                              SBR MVP
                                                              • 07-01-13
                                                              • 4873

                                                              #31
                                                              Originally posted by RudyRuetigger
                                                              I just logged back into paypal, I have no confirmation anywhere (not even an email) that I am on a waitlist

                                                              But i definitely clicked join waitlist and said i would hear from them in the coming weeks to try it out first
                                                              There was no waitlist for me. I was just able to buy some now. Unfortunately you can't send the bitcoin anywhere so it's useless for me but I have $100 of bitcoin in my paypal.
                                                              Comment
                                                              • Orbison
                                                                SBR MVP
                                                                • 09-07-20
                                                                • 4691

                                                                #32
                                                                does this mean you'll be able to deposit and withdraw at offshores via paypal btc?
                                                                Comment
                                                                • themike78
                                                                  SBR MVP
                                                                  • 07-01-13
                                                                  • 4873

                                                                  #33
                                                                  Originally posted by Orbison
                                                                  does this mean you'll be able to deposit and withdraw at offshores via paypal btc?
                                                                  No. Like I said you can't send or receive any bitcoin. You can just buy it and have it in a seperate paypal balance. It's basically useless unless you are investing.
                                                                  Comment
                                                                  • Orbison
                                                                    SBR MVP
                                                                    • 09-07-20
                                                                    • 4691

                                                                    #34
                                                                    Originally posted by themike78
                                                                    No. Like I said you can't send or receive any bitcoin. You can just buy it and have it in a seperate paypal balance. It's basically useless unless you are investing.
                                                                    so if you're buying btc thru paypal, you can only hold onto it until you eventually want to sell it but you can't make actual payments with it?... if so, who does the sell order go thru?
                                                                    Comment
                                                                    • RudyRuetigger
                                                                      SBR Aristocracy
                                                                      • 08-24-10
                                                                      • 65084

                                                                      #35
                                                                      It looks like you can only use it at specific places starting 2021?



                                                                      https://elevenews.com/2020/10/22/paypal-to-offer-crypto-payments-starting-in-2021-2/



                                                                      PayPal announced that soon it will enter the cryptocurrency market. PayPal customers will be using cryptocurrencies to shop at any large market from the next year. The payments will be settled through fiat currencies. It will be similar to merchant solutions like BitPay. The coins like Bitcoin, Ethereum, and Bitcoin Cash, and Litecoin will be supported in this new payment method. PayPal is one of the largest payment providers with almost 346 million users in the world.



                                                                      PayPal is joining the cryptocurrency market, so the service will encourage the global use of new digital currencies that can be developed by central banks. U.S. account holders will be able to buy and sell cryptocurrencies in their PayPal wallets from 2021. There were other mainstream fintech companies that were also allowing this process, but PayPal’s launch is the next level for the Cryptocurrency market.
                                                                      Comment
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