27 May '14, 3pm

Bitcoin set to overtake Paypal in 2014 | CCN | #bitcoin #paypal

The Laureate Trust has announced, via a press release to The Digital Journal, that they expect Bitcoin to pass PayPal in USD transaction volume later this year. The Trust has pointed out that Bitcoin is fast establishing itself as the currency of choice for international internet purchases and payments. Bitcoin has now reached a transaction volume of $300 Million, per day. The Laureate Trust sees the current Bitcoin price, now circa US$530-560, as a tremendous opportunity to buy into Bitcoin, they advise that the currency could increase by up to 50 percent in price in the near-term as it prepares, for the first time, to overtake PayPal in actual transaction volume. CCN Peter Tasca, the CEO of The Laureat Trust, States: “Whenever you have an instrument that trades over 300 million US dollars a day, it must be recognized. The digital currency works, Bitcoin has greater volum...

Full article: https://bitcointalk.org/index.php?topic=624673.0

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