Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
hyphymikey
on 08/09/2014, 16:48:32 UTC
I have just read the news, let's see if it will have a great impact on the price!

Overstock news, price continues sliding.

Expedia news, price continues sliding.

NewEgg news, price continues sliding.

....

PayPal news, price explodes upwards?  Oh totally..




Overstock, Expedia, and Newegg are retail places that SELL the coins people spend, PayPal is person to person where people have to BUY bitcoin to send. Not all of those people will then sell coins, therefore there would be buying pressure where with the other there is selling.

It's not that hard to understand.

Keyword: Tap to Spend Bitcoin.. No mention of Buy from Fiat, only Sell..Hello Bitpay clone Roll Eyes
How paypal plans to boost its business while depressing Btc price. Double Win..

How is this a bitpay clone when paypal never receives a coin? The coins go from person to person!