Crypto Long & Short: Why the PayPal Rally Isn’t What It Seems, and Why That’s OK

Cryptocurrency advocate Andreas Antonopoulos speaks out against PayPal, claiming Bitcoin bought on the payments platform isn’t real Bitcoin. ICYMI The headlines say, "Bitcoin is now available on PayPal!" But is it? Here’s why PayPal #bitcoin isn’t bitcoin: https://t.co/sFU7GL9ZP6 pic.twitter.com/dMCRtBKDHr — Andreas ☮ 🌈 ⚛ ⚖ 🌐 📡 📖 📹 🔑 🛩 (@aantonop) December 15, 2020 […]

Bitcoin’s rebound from the February 6 low at $60,000 is showing early signs of structural improvement, but the move still looks more like a bear market rally than a confirmed breakout, according to CryptoQuant analyst Maartun. In an April 20 video, the analyst argued that while long-term holders are accumulating and strategic capital is entering the market, persistent selling from short-term holders and whales is still capping upside. Maartun framed the current setup as a question of market character rather than raw price performance. Bitcoin is trading around $75,000, roughly 24% above....

Here's a look at what we are focusing on in the bitcoin price this evening. Well that’s it for another day, and the bitcoin price has not really moved across the entire session. We saw price dip below 800 temporarily, but it recovered quickly to current levels around four dollars clear of the threshold. Unfortunately for us, and as per the rules of our strategy outlined as part of this morning’s analysis, we got in short on the break and were quickly taken out of the trade as price returned to trade above 800 and took out our stop. This isn’t great, but its also not a huge issue. We’re in....

Can you purchase bitcoin through PayPal? The short answer is "yes." The long answer is "yes you can, but there are several barricades that often come with such a feat." One can purchase bitcoin through a PayPal account, but there are very few platforms that allow this, as doing so has been deemed risky for the seller or sellers. For starters, bitcoin buyers can always perform a chargeback, which is a demand by the issuing bank or credit card company that funds are returned to a buyer due to a disputed or fraudulent purchase. Unfortunately, there really is no way for a seller to contest....

Paypal or Bitcoin? Or Both? The diaspora of arguments touting Bitcoin's superiority over Paypal is endless. There are economic incentives for buyers and sellers, large and small, to use Bitcoin vs Paypal. Simultaneously, there are still infrastructure gaps that may prevent the efficient use of Bitcoin over Paypal at this time. Today, I will focus on why I (me, me, me), and by extension why you, should use Bitcoin instead of Paypal. Centralized Vs. Decentralized. Any Paypal user, whether a buyer or a seller, will at some point run into issues with Paypal's centralized structure. For....