It looks like you're new here. If you want to get involved, click one of these buttons!
Subscribe to our Patreon, and get image uploads with no ads on the site!
Base theme by DesignModo & ported to Powered by Vanilla by Chris Ireland, modified by the "theFB" team.
Comments
It's a bit late to buy it now to make money off this update, but i think Litecoin has always been on the cards to be on Paypal for a while now.
or vice versa.
I read an article about this some weeks ago. My understanding is that you cannot buy using the Crypto in your PayPal Account (or accept Cryto for payment) of goods or services, unless you first convert it back in a non Crypto currency ---> obviously PayPal will be charging you their bit for doing this plus you have to contend with currency rates, as I think they initially convert Crypto into Dollars.
https://www.bbc.co.uk/news/technology-58678907
With the risk of high inflation looming, what are peoples thoughts. I've read some predictions from more reliable sources that Bitcoin could tripple in value between now and the new year. If it were to going through rapid growth again and the fact it is now more accessible via PayPal, I'm thinking we'll see a lot more people getting involved. I for one have stayed away from it, as I have never trusted the likes of CoinBase etc, after they shut down their site and restricted selling when the first big peak collapsed, probably so the owners could off load their holdings first.
Ultimately this is complete speculation and I'm only investing/gambling a low percentage, but quite interesting to keep track of what is happening.
As with anything like this it's a form of gambling in my head and I'm not will to put all my savings into it, however i can afford to loose the £70, but if I sit on it for a few year it may be worth £70k or 70p
So far my return is far outstripping my savings accounts by rather a lot !
As a side note I nearly bought a bitcoin in early 2013 just to see what it was about - I think they were around $15 a pop then but thought nah it's a waste of money - hindsight is a wonderful thing