Re: Pool: If PayPal adopts Bitcoin, what would the price be?
Ok, Paypal will adopt Bitcon. Now what?
now this:
the more businesses "accept" bitcoin (immediately dump it on exchanges via market sells), the more it will crash.
And the more people will have to buy to be able to spend them...
no one or may be very very tiny amount of people buy bitcoin to spend, i don't even have to explain this anymore
that's why bitcoin dropped to $46x from $620 or $680 or whatever
So, Paypal is integrating bitcoin because of the early adopters money? After they have spend their bitcoins it is over
They should have asked you before doing so stupid integration
they want the fee of bitcoin market cap and that's all, 6 billion? they don't give a shit about bitcoin, they would have already made enough money to laugh all the way to the bank for an eternity after bitcoin collapse