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Will eBay proposed plan to accept cryptocurrencies as payment result in price hike?
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[QUOTE="Flow-er, post: 221770, member: 71012"] The cryptocurrency acceptable is gaining traction amongst the big companies. Most of the renowned institutions who have not started accepting cryptocurrency as payment option have started to do so. This is the major reasons why cryptocurrency will not crash as predicted by the critics. The acceptability is gaining momentum everyday. We all know that the price of cryptocurrencies will.l continues to soar if big institutions continued to accept it as payment options for their products and services. If we have the likes of Tesla and amazon using the cryptocurrencies, the price will skyrocket unimaginably. Recently, it was announced that another giant in the e-commerce industry, eBay is willing to use cryptocurrency as payment option for its products. The eBay spokesperson reiterated that eBay is willing to target the younger customers, the major reason for the acceptance. We will recall that bitcoin reached the all-time high when Tesla adopted it as payment options, and of course, it affected other digital currencies positively. We should also recall that bitcoin also recorded an impressive trajectory when rumours broke out on the acceptance of cryptocurrencies by Amazon. I know very well that eBay will also causa a significant spike in the prices of cryptocurrencies if its plan pull through. [/QUOTE]
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Will eBay proposed plan to accept cryptocurrencies as payment result in price hike?
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