Quote from: Gudhal Untu on Today at 02:50:25 AM

Quote from: Mario Vella on March 09, 2022, 09:39:57 AM

Pretty good news for bitcoin price?

We are waiting for Ebay's big plan to accept bitcoin, if this happens I'm sure there will be an increase in demand and the price will skyrocket because the volume of Ebay transactions is very high and if 10% of people trade with bitcoin then there will be a big good impact for the future of bitcoin.

We will have to see about it though, yes, it's a big and welcoming news for bitcoin ecosystem, but it doesn't mean that it will automatically translate to a skyrocket price. The timing should be perfect before it will put a dent in the price. Because if the accept it in bear market, then I'm seeing the effect will be minimal. Just like what Paypal did, they took the time and wait it out till we are in a bull run and it works wonder as it affected the price positively.