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Is Paypal Going To Accept Bitcoin?

Bitpay Get Started With Bitcoin Payments

Bitpay Get Started With Bitcoin Payments

Accept bitcoin payments for your business Use BitPay's retail, ecommerce, billing, and donation tools to accept payments from customers anywhere on earth. Receive settlement for bitcoin payments directly to your bank account in your own currency, with zero price volatility or risk. Manage your bitcoin finances in one app with the secure, open source wallet by BitPay. Available for all major mobile and desktop platforms. Turn bitcoin into dollars and spend anywhere The BitPay Card lets you load dollars anywhere using any bitcoin wallet. Get instant withdrawals from Visa compatible ATMs and spend with any Visa merchant. Continue reading >>

5 Brand-name Businesses That Currently Accept Bitcoin

5 Brand-name Businesses That Currently Accept Bitcoin

5 Brand-Name Businesses That Currently Accept Bitcoin There's a really good chance you're a customer of at least one of these companies. Have you heard about the next big thing in investing? No, it's not legal marijuana, albeit pot stocks have been nothing short of unstoppable over the past year. It's actually digital currency bitcoin, which has risen by nearly 900% over the trailing-two-year period. What once cost a consumer or investor around $255 per bitcoin will now set you back around $2,500. Why have digital cryptocurrencies like bitcoin been such a hot commodity of late? It appears to be a confluence of catalysts that have accelerated momentum behind bitcoin, Ethereum, and other digital currencies. Why bitcoin has risen nearly 900% in two years Bitcoin and other cryptocurrencies are relishing in newfound media coverage. Between the sheer outperformance of these digital currencies compared to the broader stock market, to recent ransomware attacks (e.g., WannaCry) where the perpetrators demand payment in bitcoin in order to "unlock" a computer, bitcoin is in the spotlight. The more media coverage it receives, the more interest there will likely be in this burgeoning payment and investment platform. Weakness in the world's most prominent currency, the U.S. dollar, may be helping as well. President Trump has, on numerous occasions, proclaimed the U.S. dollar to be too strong. A weaker dollar can help promote the export of American goods, but U.S. consumers aren't typically huge fans of seeing their currency weakened. Some investors have used the dollar's weakness as an opportunity to invest in bitcoin, which is a "finite" resource since the maximum number of bitcoin is limited to 21 million. The fact that the dollar's monetary base can be expanded infinitely and bit Continue reading >>

#1 Way To Buy Bitcoin With Paypal Instantly (2017 Guide)

#1 Way To Buy Bitcoin With Paypal Instantly (2017 Guide)

Buying bitcoins with PayPal is hard and confusing. Luckily, today we'll show you how easy and fast it can be. We've put together the complete guide on how to convert PayPal to bitcoin. VirWoX is the easiest and most popular way to buy bitcoins with PayPal. VirWoX is the workaround/hack discussed in this guide. It's not super simple, but yes it really works and is the best way to buy bitcoin with PayPal today. We suggest using the exchanges listed below or doing research before buying from any exchange. Many exchanges are simply trying to steal your passwords and personal information! We do research on every exchange we list and are very careful not to include scam exchanges on our site. Note: You may need to wait a couple days after opening a VirWoX account before you can deposit money. After your first deposit, future deposits can be made instantly. Your initial buying limit is $90 per day or $270 per month, although these limits grow quickly with time! You'll need a Bitcoin wallet to withdraw your coins to after you buy. Read our guide on the best Bitcoin wallets. The 10% fees are crazy high for buying bitcoins with PayPal. Were you buying with a PayPal account connected to your credit or debit card? The fees are much lower and you'll get your bitcoins faster. Still want to buy BTC with PayPal? Keep reading and we'll show you how! Tutorial: Buying Bitcoin with PayPal on VirWoX Here are step-by-step instructions to help make buying BTC with PayPal easier: From the home page, click on Not registered yet? Now youll enter your details in order to create an account. Dont get confused by the section titled Link to avatar. You can leave this untouched. At this point, your account has been created. A temporary password will be emailed to the address you provided in step two. Continue reading >>

Paypal Cfo: Bitcoin's Success Is Very Likely - Bitcoinist.com

Paypal Cfo: Bitcoin's Success Is Very Likely - Bitcoinist.com

Theres a lot of doubt surrounding Bitcoins potential as a viable, real-world currency but PayPals chief financial officer sees only positive things in the dominant cryptocurrencys future. According to John Rainey, PayPals chief financial officer, Bitcoin,and other cryptocurrencies will one day become a popular method of payment just not yet. Rainey told The Wall Street Journal: Given the volatility of bitcoin right now, its not a reliable currency for transactions because if youre a merchant and you have a 10% profit margin, and you accept bitcoin, and the very next day bitcoin drops 15%, you are now underwater on that transaction. Nevertheless, Rainey recognizes Bitcoin as a legitimate currency, even if its not quite ready for mainstream adoption yet. Says Rainey: At some point there is very high likelihood. The technology, there is real merit to it. I do think, though, it will be years down the road before we see the kind of ubiquity and acceptance that make it a form of currency that is used every day. This is not the first time PayPal has shown support for Bitcoin and cryptocurrency. PayPal was one of the first companies to accept cryptocurrency as a currency on its platform, allowing merchants the option to be paid in Bitcoin as early as 2014/2015. Earlier this year, PayPal CEO Dan Schulman called Bitcoin an interesting experiment in a Facebook Live event, while also noting that it could change the world. At the same time, Xapo CEO Wences Casares even went so far as to predict a future in which one single Bitcoin could be worth $1 million. Of course, not everyone agrees with Raineys and Schulmans optimistic long-term assessment of Bitcoins future as a currency.Earlier this week, Bank of England Governor Mark Carney claimed Bitcoin has already failed on virtually e Continue reading >>

The Paypal Moment: When Bitcoin Met Mainstream Payments

The Paypal Moment: When Bitcoin Met Mainstream Payments

The PayPal Moment: When Bitcoin Met Mainstream Payments May 12, 2017 at 12:00 UTC|UpdatedMay 31, 2017 at 13:16 UTC Steve Beauregard is serial entrepreneur, co-founder of cryptocurrencypayment processing startupGoCoin and chief revenue officer at Bloq . In this entry in CoinDesk's " Bitcoin Milestones " series, Beauregard looks back on the day PayPal began accepting bitcoin - givingits stamp of approval to atechnology many believed had the potential todisrupt it. It's a Monday in Bitropolis, but not just any Monday. For nearly three months, the GoCoin team had kept painfully silent on the biggest bitcoin news story in the industry to date. In 12 short hours, the press embargo would lift, thenews would jolt the financial world and GoCoin would be cemented in history alongside BitPay and Coinbase as the startups that ushered one of the world's largest payment companies into cryptocurrencies. Yet, on the eve of that very announcement, our inclusion was far from certain. When I founded GoCoin along with Brock Pierce in mid-2013, we discussed that we may be too late. BitPay had been offering payment services to online merchants for well over a year, touting they had signed up 10,000 merchants. Coinbase announced they had signed up the first major retailer, Overstock, to accept bitcoin . GoCoin had raised a modest seed round and was "heads down" in development while BitPay and Coinbase continued to one up each other with increasingly impressive announcements - Gyft, CheapAir, Virgin Galactic and Dell. It felt like every day GoCoin wasn't live would mark another major merchant lost to BitPay or Coinbase. In response, I was putting intense pressure on the development team to compress the Go Live schedule. My system architect, Margot Ritcher, and lead developer, my nephew Kevin Continue reading >>

Paypal Accept Bitcoin

Paypal Accept Bitcoin

1) Do you think about this news will happen ? 2) Do you think paypal may accept bitcoin in next years (3-7) or it is impossible ? 3) Do you think bitcoin will be better than paypal ? when will happen ? Automated Bitcoin Fork Extraction Tool WE DO TOUGH WALLETS: BCH | BTG | BCD | SBTC | UBTC | B2X | BCX | BTF Electrum 2FA, Trezor, Ledger, SegWit, Bech32 Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here. PayPal doesn't directly accept Bitcoin, but Braintree, a division of PayPal has partnered with Coinbase to accept Bitcoin. Currently, Bitcoin network processes around 7 transactions per second, while PayPal with an average of 200 tps. In terms of scalability and daily transactions volume, Bitcoin is much far behind PayPal. But apart from being a good store of value, Bitcoin could also be a better decentralized version of PayPal by building second layer payment systems on top of Bitcoin, Lightning Network. So in future, Bitcoin might be better than PayPal, but again it depends on how users will treat Bitcoin, as a store of value or medium of exchange and the extent of merchant adoption. Undoubtedly, bitcoin is already better than paypal by its highest demand and even better than other world assets like gold. People no more like to bear feableness of paypal. Paypal either have to embrace bitcoin as one of their payment method or they must get off sooner. In just a few years, people will have an option to pay via bitcoin their local shops and the bitcoin will be fully dominating over all payment methods including paypal 1) Do you think about this news will happen ? 2) Do you think paypal may accept bitcoin in next years (3-7) or it is impossible ? 3) Do you think bitcoin will be better Continue reading >>

Split From Paypal Will Enable Ebay To Begin Accepting Bitcoin, Cryptocurrencies

Split From Paypal Will Enable Ebay To Begin Accepting Bitcoin, Cryptocurrencies

( ANTIMEDIA ) Internet giant eBay made headlines this week over its decision to drop Paypal as a payment processor on its site. While this was news in itself as Paypals stock price took a dive, perhaps more interesting are the potential options that come with eBays new processor, a Dutch company called Adyen. Adyen, which processed roughly $25 billion worth of payments in 2014 and $50 billion the follower year, is unique because it has partnered with BitPay since the end of 2015. Bitpay is a popular payment platform that allows consumers and businesses to conduct transactions with bitcoin and cryptocurrencies. Announcing the partnership at the time, Bitpay noted their union would allowsome of the biggest companies in the world the ability to begin accepting bitcoin payments. Boasting that Adyen works withover 180 currencies and over 250 payment methods to process their payments,Bitpay added thatAdyens merchants can now easily accept bitcoin as a payment method from their e-commerce stores. Now that Adyen is partnering with eBay, its possible the e-commerce giant will be able to accept bitcoin for payments. AsFortune pointed out ,buyers will have a wider choice of options on the new, more open eBay payments platform (bitcoin, anyone?). If thats the case, there will likely be a variety of crypto payment options considering BitPay started working with other coins at the end of last year. Still,Fortunenotes that eBayis still somewhat restricted in what it can offer in the financial realm under its original agreement with PayPal but that deal expires in June, 2020.Regardless, the developing relationship between Adyen and eBay will be one to watch in the coming years. In a 2015 buying guide, eBay published a list of merchants that accept crypto, either directly or through th Continue reading >>

Ebay Looking At Bitcoin For Purchases

Ebay Looking At Bitcoin For Purchases

On eBay right now, you can buy a Complete Cryptocurrency GPU Mining Rig for $2,586, or a Just Hodl (a bitcoin inside joke) hoodie for $33.99, or a collectible bitcoin gift coin for 99 cents. There are hundreds of bitcoin-related items, but you cant pay in bitcoin. Yet. Scott Cutler, senior vice president of eBay Americas, told Yahoo Finance in an interview this week that the online retailer is seriously considering accepting bitcoin, but were not quite there yet. A collectible bitcoin gift coin on eBay. (Not a real bitcoin! Bitcoins are intangible.) Not many retailers accept cryptocurrency as payment, but for one that does accept bitcoin, its been a boost to shares. Overstock.com ( OSTK ) is up more than 250% in the last six months, as it rides the bitcoin phenomenon. The web retailer is a pioneer in the cryptocurrency space, as it became the first major retailer to accept bitcoin in early 2014 . Payments in bitcoin arent exactly becoming commonplace, but they are slowly becoming more common: even a New York City preschool is accepting bitcoin for tuition . At some point in November, mobile-payments company Square ( SQ ) quietly rolled out a new feature to a small number of users on its Square Cash app: the ability to buy and hold bitcoin . Square CEO Jack Dorsey (also CEO of Twitter) told Yahoo Finance in October, Theres nothing more impactful to our business than digital currency . As for eBay, it is currently focused on delivering a strong holiday season, as it tries to compete with Amazon. The retailer is working on expanding its offerings, shipping times, and return process. Jen Rogers is the anchor of The Final Round, Yahoo Finances daily 3:55pm live show. Follow @ jensaidit on Twitter or @jenrogershere on Instagram. Read more about bitcoin from Yahoo Finance: Continue reading >>

Paypal Now Lets Shops Accept Bitcoin

Paypal Now Lets Shops Accept Bitcoin

by Jose Pagliery @Jose_Pagliery September 26, 2014: 6:15 PM ET This week, the payment processing company PayPal took its first venture into the world of all-digital money. Merchants that work with eBay's ( EBAY ) PayPal can now easily start accepting payments from customers that use Bitcoin ( XBT ), an independent, government-less currency. PayPal struck a deal with three Bitcoin payment-processing companies: BitPay , Coinbase and GoCoin . Bitcoin is an Internet-based system of money specifically designed to cut out middlemen, like banks and governments. So, it sounds odd to have Bitcoin processors. But they make it easier for everyday, non-tech-savvy businesses to accept bitcoins -- and immediately convert them to cash. But why take bitcoins -- which have fluctuated in price from $1,100 and $400 in the last year -- instead of proven government money? The system offers much lower transaction fees, which cost businesses a huge amount of money. The 2%-3% that shops pay in credit card swiping fees can obliterate their profits. Consider this PayPal's first -- but not last -- foray into the world of Bitcoin. The company has made clear that its interest in Bitcoin runs more than skin deep. In the last year, eBay's two top executives -- CEO John Donahoe and former president David Marcus -- have expressed interest in Bitcoin's technology. PayPal's senior director of corporate strategy, Scott Ellison, told CNNMoney the company is most intrigued by the potential to harness the technology that lies at the heart of the Bitcoin system, a public ledger called a blockchain. It's a totally new way of thinking about transactions. It keeps records that are decentralized and keeps users semi-anonymous while making their transactions public. "We think Bitcoin has tremendous opportunities Continue reading >>

Paypal Now Allows Its Merchants To Accept Bitcoin

Paypal Now Allows Its Merchants To Accept Bitcoin

PayPal now allows its merchants to accept Bitcoin Last updated on January 2nd, 2018 at 12:00 am PayPalnow allows all its merchants to accept Bitcoin. The good news was shared via a filing recently submitted to the Securities and Exchange Commission. The document states thatamerchant using PayPal can integrate with Braintree to begin accepting payments with credit or debit cards, PayPal, Venmo, digital currencies such as Bitcoin, or other payment solutions with a single integration. The original filing reads:- A merchant can typically open a standard PayPal account and begin accepting payments through PayPal within a few minutes. Most online or mobile merchants can onboard quickly and are not required to invest in new or specialized hardware. Our Payments Platform supports growth with a variety of value-added services designed to help businesses of all sizes manage their cash flow, invoice clients, pay bills, and reduce the need for merchants to receive and store sensitive customer financial information. For our standard service, we do not charge merchants setup or recurring fees. A merchant can also integrate with Braintree to begin accepting payments with credit or debit cards, PayPal, Venmo, digital currencies such as Bitcoin, or other payment solutions with a single integration. Theintegration ofBitcoin was announced after PayPal announced the decision to split from its former parent company eBay due to massive changes in thecommerce and payments landscape and the fact that each business faces different competitive opportunities and challenges.The separation, agreed in September 2014, will become effective before the end of this year. As independent companies, we expect eBay and PayPal will be sharper and stronger, and more focused and competitive as leading, standa Continue reading >>

Paypal Cfo Sees Positive Future For Bitcoin | Pymnts.com

Paypal Cfo Sees Positive Future For Bitcoin | Pymnts.com

PayPal CFO Sees Positive Future For Bitcoin PayPals chief financial officer, John Rainey, predicted that cryptocurrency will become a popular payment method in the future. During a sweeping interview with The Wall Street Journal over the weekend, Rainey said that the current volatility with bitcoin and other cryptocurrencies makes it impossible to be a reliable currency for purchase. After all, merchants can have a 10 percent profit margin one day from accepting bitcoin and then see the value decline 15 percent the next day. Still, Rainey said that in the future there is a very high likelihood it will become a popular payment method. The technology, there is real merit to it. I do think, though, it will be years down the road before we see the kind of ubiquity and acceptance that makes it a form of currency that is used every day, said Rainey, noting that PayPal was an early adopter of bitcoin as a payment method. Raineys comments come a little more than a month after the digital payments company was showing support for cryptocurrency. In January, during a Facebook Live event between PayPal CEO Dan Schulman and Xapo CEO Wences Casares, Schulman said that people are paying attention to cryptos and bitcoin because it is an interesting experiment. Should it work out, he continued, it could change the world, but added that it could also fail. During the interview, Casares handicapped the chances of the latter at about 20 percent (if holders put up money they cannot afford to lose), and also said there is a higher than 50 percent chance that this experiment succeeds. Should that be the case, time is a key ingredient, noted Casares, and will take several years give it five to 10. He reiterated his stance that success could mean significant economic consequences even that a b Continue reading >>

Pay With Cryptocurrency Using Coinbase's New Paypal Competitor | Fortune

Pay With Cryptocurrency Using Coinbase's New Paypal Competitor | Fortune

The largest U.S.-based cryptocurrency exchange, Coinbase, is releasing a PayPal-like service of its own. On Wednesday, Coinbase wrote about its new platform that will make it easier for merchants to accept payments with Bitcoin, Bitcoin Cash, Ethereum, and Litecoin through Coinbase Commerce. Using the platform on an e-commerce website adds a PayPal-like button to the checkout screen. Coinbase Commerce can be directly integrated into a merchants checkout flow or added as a payment option on an e-commerce platform, the blog post continued . Shopify, which allows users to launch their own online stores, is already giving its users the option to accept payments via Coinbase Commerce . Some cryptocurrency aficionados immediately took to the platform. Just made our 1st sale using #CoinbaseCommerce and it was paid with $LTC ! #Litecoin #PayWithLitecoin pic.twitter.com/qoGTnL3Klf Crypto Whale Clothing (@ClothingWhale) February 15, 2018 Still, dont expect a mass surge of merchants gearing up to accept cryptocurrency. Questions about whether or not the platform addresses issues that have barred many other merchants and consumers from accepting cryptocurrency still exist. The volatile price of Bitcoin, for instance, has made it difficult to nail down a price on payments. Gaming platform Steam cited that as an issue when it stopped accepting cryptocurrency. Coinbase is not the only company with such a platform. Bitpay, which is used by Microsoft , also makes a cryptocurrency payments programthough notably, it only accepts Bitcoin. Coinbases announcement comes at a time when the firm itself is having issues with payments. Several major banks no longer allow consumers to buy Bitcoin using credit cards. More recently, users reported issues withdrawing from their wallets using PayPal, Continue reading >>

Bitcoin May Come To Ebay As Platform Drops Paypal As Main Payment Option

Bitcoin May Come To Ebay As Platform Drops Paypal As Main Payment Option

For as long as people can remember, there has been a tight relationship between eBay and PayPal. In virtually every case, PayPal is a requiredoption for anyone looking to sell items on the global auction site. That situation will come to change in the near future, as eBay has announcedits plan to ditch PayPal asits main payment option. It is a rather surprising turn of events, albeit one thatcould be quite positive for both companies. It is evident that limiting a global auction site to one main payment method and two or three optional solutions is a bit problematic. Especially in this era of digital payments and competing financial services, there is no reason for eBay to tie its fate to PayPal whatsoever. Even though theplatform has made a big impact outside of the online auction industry as well, its still something whichcouldhold eBay back in terms of its global appeal. The number of current payment options on eBay is somewhat limited. Sellers are almost forced to enable PayPal , even if they would preferto get paidvia a wire transfer or money order. This has always been a problem, asusers felt they never hada real say inthe matter. After many years of giving PayPal the benefit of the doubt, it seems both companies will finally go their separate ways. This news may even be a result of eBay spinning off PayPal as an independent brand a while ago. With this change looming on the horizon, there is a lot of speculation to contend with. Everyone wants to know if eBay will introduce another mandatory payment option. If so, there is no indication as to which solution that might be, as the company has not announced any candidates. We do know the company is looking to integrate a new payment system built by Adyen, a Dutch company which can provide access to many different p Continue reading >>

Who Accepts Bitcoins?

Who Accepts Bitcoins?

Microsoft Users can buy content with Bitcoin on Xbox and Windows store Reddit You can buy premium features there with bitcoins Virgin Galactic Richard Branson company that includes Virgin Mobile and Virgin Airline CheapAir.com Travel booking site for airline tickets, car rentals, hotels Expedia.com Online travel booking agency Newegg.com Onlineelectronics retailer now uses bitpay to accept bitcoin as payment Wikipedia The Free Encyclopedia with 4 570 000+ article The Internet Archive web documatation company Bitcoin.Travel a travel site that providesaccommodation, apartments, attractions, bars, and beauty salons around the world Pembury Tavern A pub in London, England Old Fitzroy A pub inSydney, Australia Mega.co.nz The new venture started by the former owner ofMegaUpload Kim Dotcom Lumfile Free cloud base file server pay for premium services PizzaForCoins.com Dominos Pizza signed up pay for their pizza with bitcons Whole Foods Organic food store (by purchasing gift card fromGyft) Bitcoincoffee.com Buy your favorite coffee online Grass Hill Alpacas A local farm inHaydenville, MA Jeffersons Store A street wear clothing store in Bergenfield, N.J Helens Pizza Jersey City, N.J., you can get a slice of pizza for 0.00339 bitcoin by pointing your phone at a sign next to the cash register A Class Limousine Pick you up and drop you off at Newark (N.J.) Airport Seoclerks.com Get SEO work done on your site cheap Mint.com Mint pulls all your financial accounts into one place. Set a budget, track your goals and do more Fancy.com Discover amazing stuff, collect the things you love, buy it all in one place (Source: Fancy ) BigFishGames.com Games for PC, Mac and Smartphones (iPhone, Android, Windows) Suntimes.com Chicago based online newspaper San Jose Earthquakes San Jose California Continue reading >>

Blockchain | Paypal Public Policy

Blockchain | Paypal Public Policy

A blockchain is an implementation of a digital ledger. Like a database, a digital ledger can record information of various types, but unlike most databases, blockchain implementations use cryptography to ensure that the information recorded is immutable and trusted. Blockchain technology originally was created to facilitate the cryptocurrency Bitcoin and can be utilized to facilitate, record and verify transactions using cryptography to ensure that data recorded is trusted and unable to be changed or removed. Blockchain technology, while still in its early days, has the potential to disrupt major industries. Many mainstream companies and investors are exploring or investing in blockchain technology. PayPal was one of the first payment companies to enable merchants to accept Bitcoin through Braintree, by way of partnerships with payment processors BitPay, GoCoin, and Coinbase. Were working to understand how to leverage blockchain to better serve merchants and users. As of Q1 2016, total venture capital investment in bitcoin and blockchain startups exceeded $1.1 billion [ link ]. Blockchain Uses a Consensus Model to Manage Data A blockchain is an implementation of a digital ledger. Like a database, a digital ledger can record information of various types, but unlike most databases, blockchain implementations use cryptography to ensure that the information recorded is immutable and trusted. Data on a blockchain is immutable because it cannot be changed or removed, and it can be trusted because it is immutable. A blockchain achieves this by sharing instances of the ledger among all the different parties on a network and using a consensus model that requires multiple parties to agree and verify each time an addition is made to the chain. Broadly speaking, blockchains can be Continue reading >>

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