Cryptoland is calling again - PayPal allow Cryptocurrency as a funding source!

[blizz]

It's completely wild that bitcoin has now crossed 17000 USD per bitcoin. I think there are some fortune tellers who are right, bitcoin will hit a minimum of 25000 USD by the end of 2020.

It may be that some of you are a little tired of seeing a new thread every time bitcoin hits a new ceiling for the year. I, on the other hand, am really happy every single time I see such a thread.

My fortune has grown by over 50,000 euros in under 2 months, it is totally wild.

 

[LondonOTC]

Some of my customers told me last week they are waiting for a correction back to 10k to buy again. Today they are buying because they are not sure we are going to see 10k again

 

[orangeye]

I made only 12000 $ on my investment in bitcoins over the last 4 months, for me it's very good.

 

[nomad999]

We hit 18500 today !
The rocket ship is definitely en route to the Andromeda galaxy

Ethereum is also warming up slowly ...

 

[life]

We hit 18500 today !
The rocket ship is definitely en route to the Andromeda galaxy

Ethereum is also warming up slowly ...

to the moon and beyond... I sense a drawback at 20k

 

[nomad999]

to the moon and beyond... I sense a drawback at 20k

breaking ATH usually follows a bit of craze, perhaps somewhere between 24-25k being conservative. but we could very well see an explosion much higher as the hype on Bitcoin is very real given the gloomy scenery on every other assets ...

 

[EliasIT]

I cross my fingers for a 25K break, would be nice

 

[12345]

Don't get too greedy if I held btc I would sell now, I remember the previous ath and drawback it was similar people getting very hyped up and thinking it will never stop

 

[nomad999]

Another Billionaire who hold bitcoin, Ricardo Salinas worth 12B put 10% of his liquid portfolio in Bitcoin.

https://twitter.com/x/status/1328850136290775041

last weeks Stanley Drunkenmiller went on CNBC saying he owns it as well.

https://twitter.com/x/status/1325877011831721984

also last month Paypal US now allows to buy and sell Bitcoin and a few other crypto.


Believe it or not but bitcoin is undervalued right now above 18'500 ... next year will be the mother of all bubble ahah

 

[nomad999]

forgot this one just in today, the blackrock CIO is saying on CNBC that bitcoin is better than gold.

https://twitter.com/x/status/1329774212018475010

Funny how far we have gone from "magic internet money to buy drug online"...

there is less than 18 millions bitcoin in circulation ... how many multi-millionaires out there ?

 

[nomad999]

https://twitter.com/x/status/1330912722087780352

this is big, new ATH end of November!

 

[pesto]

you are really in front of the news @nomad999 - I was already wondering if there was anything public from PayPal about their acceptance of bitcoins and support it.

Now it is out, PayPal will even accept funding of PayPal accounts by Cryptocurrency in 2021

 

[khinkali]

PayPal will even accept funding of PayPal accounts by Cryptocurrency in 2021

It looks like fairly early in 2021 you'll be able to transfer a "bitcoin balance" to another PayPal member, like you can between Revolut members.

I don't think that the New York State Department of Financial Services are likely to give up control and allow crypto to be deposited and withdrawn freely.

My guess is that they will allow transfers between regulated VASPs, but not to private wallets (other than maybe X in, X out). It helps the state keep control over transactions, but it also helps VASPs keep the transactions within the ecosystem and avoid DeFi taking their profits.

 

[PaulKruger]

First I found it to be awesome, then I read at forbes
https://www.forbes.com/sites/ronshe...n-stimulus-check-for-bitcoin/?sh=592eaae01c4c
So I made some more research and found this
https://www.willowoakadvisory.com/post/paypal-to-allow-the-use-of-cryptocurrency
All in all it could simply just be a spin and no one will ever be able to fund their PayPal account with cryptocurrency, or can I be wrong?

 

[JohnLocke]

Sorry OP, I have changed the thread title to match the discussion below the thread, it's interesting to follow.

 

[LondonOTC]

And...... Gone

 

[tacokai]

It must be the big whales that selling out to take profits home. Shortly after they will buy and everything starts over again, or?

 

[LondonOTC]

It must be the big whales that selling out to take profits home. Shortly after they will buy and everything starts over again, or?

I have a lot of requests this morning to buy Bitcoin, let's see if holds 17k

 

[nomad999]

current fud to give a narrative to the bleeding (Long twitter thread).

https://twitter.com/x/status/1331744884856741888

gonna have to review my prediction of new ATH end of November it seems ... Is bitcoin heading for 3k again ?

 

[LondonOTC]

I still think we are going to see 20k by next month