People always buy or sell something. They sell their time and skills. They sell their votes. They buy goods and services. Today it became easier with online credit card processing. But I think that the most strange kind of trade happens when people start buying and selling money. But it’s not all! They don’t only buy or sell money – they speculate!
When it comes to speculating, there are always three things that you can be sure of – there will be always people willing to speculate, there will always be people who will love to play the game with the first group. Lastly history can be counted on to repeat itself.
And Internet helps both parties. I was really impressed with the amounts of different types of billing systems that help people to deposit their savings in stock market of FOREX. At the same time they accept credit cards online. This makes the process of money speculating one of the easiest kinds of gambling!
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Sharing some ideas and thoughts about economic development, financial aspects of life and business issues. Want to be helpful as least for somebody.
4 comments:
Speculation and gambling are similar, with a few important distinctions. One difference is the perception, sometimes true, that successful speculators profit due to their skill or an unseen advantage, while gamblers prosper due to chance or luck.
And for sure for both you need to have internet merchant account
As you've mentioned billing systems I can suggest you to visit PayPal Developer Blog
Thanks for your comments. As for me I prefer to take the information from the official PayPal site:
PayPal Integration Center
or
PayPal Developer Network
Hmmm.... I thought that that was official Paypal Blog... Check it once again and you will see that they promote paypal services. If it's not their official blog why would they do it?
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