Thursday, March 10, 2011 4:25:52 PM
they still have the technology for money and forex transfers. paypal would not be interested in a retail side as they provide the retail side of the business. one would think they already have a money transfer service but who knows how that works especially overseas and again in china which is like a world of its own. really, if anyone knows please share with links to back your claims. my point is it is entirely possible services with established brands, such as paypal, could make good use of established money moving networks like 1wc set up and owns. does this mean paypal is buying out owvi? doubt it. but it say paypal charges 2% for transactions in china and they use 1wc network then owvi could make a good 10% of that 2%. we are not talking big numbers here, .2% on a $100 transaction is 20 cents. but add the thousands of potential transactions that could be made...
please note this is all pure speculation. again this is the first i have heard about paypal connection. yet i doubt any would hear of big news before it happens. well except those who buy up lots of shares right before it hits... could it be a pump? sure, still means we go up. the only difference is how high and if it falls. play it how best you feel but volume precedes price.
either way glad we have something fun to talk about again :) see how a little green does that? imagine when this gets back over 10, 20...
My charts are my own. Any numbers or timing are based on my interpretations of what I consider to be the most likely price movement. My interpretations can be wrong, it is always best to do your own charting.
Anything else I post is purely opinion
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