Bitcoin Forum
July 14, 2024, 04:43:52 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: « 1 ... 586 587 588 589 590 591 592 593 594 595 596 597 598 599 600 601 602 603 604 605 606 607 608 609 610 611 612 613 614 615 616 617 618 619 620 621 622 623 624 625 626 627 628 629 630 631 632 633 634 635 [636] 637 638 639 640 641 642 643 644 645 646 647 648 649 650 651 652 653 654 655 656 657 658 659 660 661 662 663 664 665 666 667 668 669 670 671 672 673 674 675 676 677 678 679 680 681 682 683 684 685 686 ... 2312 »
12701  Alternate cryptocurrencies / Mining (Altcoins) / Re: Number 9! Ninth altcoin thread. Back to the moon Baby! on: October 26, 2020, 04:09:43 PM
Yeah funny choice for me.  Do I buy another card. even the 5500xt is decent as they are cheap and don't use power.

I have 95 usd to spend on amazon.
12702  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: October 26, 2020, 02:05:27 PM
Good morning Bitcoinland.

Still going sideways, but at least it's over $13k... currently $13155USD/$17354CAD (Bitcoinaverage).

Okay Bitcoin. That's enough consolidation for now. It's time to start moving up.

Go Bitcoin go.

make your own...
4. sat-sucker
5. node-puller
6. Wall-breaker
7. merit whore

Well done!  Cool


Would love to see it stay at 12,800 to 13,400 up to and past the Nov 3 USA election.

Then moonshot.
12703  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: October 26, 2020, 12:45:28 PM

that is a fuckup for sure.

I would have loved to hit that block with my small solo mining rig.

12704  Economy / Speculation / Re: Top 20 days for Bitcoin on: October 26, 2020, 01:36:51 AM
playing with this a bit. we are driving out a lot of 2020 numbers with new higher ones. we keep filling in close to 13,000 we will just push more number out of the top 100 pretty cool to see it happen.




                                                                                                                       Bitflyer/
     BitStamp USD/BTC           CoinFloor GBP/BTC           Kraken EUR/BTC              Kraken CAD/BTC             CoinCheck JPY/BTC
 ------------------------    -----------------------    -----------------------    -----------------------    --------------------------
   ....
 97  2020-10-12  11,465  |  97  2020-08-22   8,842  |  97  2020-08-30   9,774  |  97  2019-08-11  15,072  |  97  2020-08-01  1,231,143
  98  2020-08-12  11,464  |  98  2020-08-11   8,830  |  98  2020-10-18   9,759  |  98  2020-08-28  15,067  |  98  2020-09-02  1,228,109
  99  2020-09-02  11,457  |  99  2020-08-12   8,818  |  99  2020-10-15   9,755  |  99  2020-09-02  15,064  |  99  2019-07-03  1,226,982
 100  2020-08-28  11,453  | 100  2020-08-05   8,815  | 100  2019-08-04   9,749  | 100  2020-08-03  15,044  | 100  2019-07-07  1,226,905
 

we lost 95,96,98 below with the addition of higher numbers.



 95  2020-10-13  11,433  |  95  2020-08-31   8,757  |  95  2018-01-21   9,728  |  95  2020-10-13  15,002
  96  2020-08-25  11,417  |  96  2019-09-03   8,739  |  96  2020-08-05   9,728  |  96  2019-07-04  14,924
  97  2019-07-06  11,413  |  97  2020-10-11   8,716  |  97  2020-09-02   9,721  |  97  2020-10-11  14,924
  98  2020-08-26  11,382  |  98  2020-08-30   8,715  |  98  2019-08-03   9,706  |  98  2019-06-27  14,890
  99  2019-08-11  11,371  |  99  2017-12-05   8,706  |  99  2020-08-25   9,699  |  99  2019-07-13  14,863
 100  2019-08-12  11,371  | 100  2020-10-10   8,687  | 100  2020-10-12   9,697  | 100  2020-10-10  14,849
101  2020-10-11  11,370  | 101  2019-09-04   8,686  | 101  2020-08-29   9,693  | 101  2018-01-19  14,841  
 102  2019-07-03  11,366  | 102  2020-08-26   8,685  | 102  2019-08-20   9,682  | 102  2019-06-25  14,815  
 103  2019-07-07  11,349  | 103  2019-08-02   8,650  | 103  2020-08-26   9,663  | 103  2019-07-06  14,813  
 104  2020-08-27  11,347  | 104  2019-09-06   8,641  | 104  2020-08-28   9,646  | 104  2020-07-30  14,810  
105  2020-10-10  11,341  | 105  2020-08-03   8,639  | 105  2019-09-06   9,636  | 105  2020-07-29  14,794  
 106  2018-03-03  11,332  | 106  2020-08-25   8,632  | 106  2019-08-19   9,630  | 106  2019-07-07  14,729  
 107  2019-06-25  11,330  | 107  2020-08-28   8,625  | 107  2018-01-19   9,629  | 107  2019-08-13  14,670  
 108  2017-12-04  11,314  | 108  2020-08-29   8,623  | 108  2018-01-18   9,628  | 108  2020-07-28  14,626  
 109  2019-06-30  11,302  | 109  2019-09-05   8,613  | 109  2020-08-02   9,619  | 109  2020-09-19  14,626  
 110  2018-01-25  11,301  | 110  2020-08-02   8,609  | 110  2019-09-03   9,619  | 110  2019-07-03  14,609  
 111  2018-01-27  11,287  | 111  2020-08-04   8,608  | 111  2020-08-27   9,615  | 111  2018-01-18  14,570  
 112  2018-01-29  11,284  | 112  2020-08-27   8,607  | 112  2020-08-03   9,608  | 112  2017-12-04  14,565  
 113  2020-08-03  11,283  | 113  2019-07-20   8,604  | 113  2020-10-11   9,599  | 113  2020-09-28  14,550  
 114  2020-08-02  11,281  | 114  2019-07-14   8,598  | 114  2019-09-04   9,595  | 114  2020-10-09  14,516  
 115  2019-07-13  11,281  | 115  2020-07-29   8,582  | 115  2019-09-05   9,576  | 115  2020-09-18  14,510  
 116  2018-03-04  11,279  | 116  2020-09-02   8,575  | 116  2019-07-20   9,568  | 116  2020-09-20  14,493  
 117  2017-12-03  11,249  | 117  2020-07-31   8,571  | 117  2020-10-10   9,566  | 117  2020-09-16  14,484  
 118  2020-07-31  11,240  | 118  2019-08-14   8,569  | 118  2020-08-04   9,557  | 118  2020-09-17  14,473  
 119  2020-08-04  11,216  | 119  2020-09-19   8,562  | 119  2019-06-24   9,556  | 119  2020-09-30  14,399  
 120  2020-07-29  11,129  | 120  2019-06-24   8,555  | 120  2019-07-14   9,528  | 120  2020-09-29  14,396  
 121  2019-07-05  11,115  | 121  2019-08-18   8,526  | 121  2020-07-31   9,516  | 121  2018-01-28  14,378  
 122  2018-01-24  11,060  | 122  2020-07-28   8,508  | 122  2017-12-04   9,516  | 122  2020-09-26  14,346  
 123  2019-08-13  11,043  | 123  2020-10-09   8,500  | 123  2020-02-12   9,493  | 123  2019-06-30  14,342  
124  2020-09-19  11,042  | 124  2019-08-26   8,495  | 124  2019-06-23   9,482  | 124  2019-07-05  14,339  
 125  2020-07-30  11,023  | 125  2019-09-08   8,490  | 125  2020-02-14   9,478  | 125  2020-09-03  14,327  
126  2020-10-09  11,012  | 126  2019-09-07   8,481  | 126  2020-07-29   9,465  | 126  2020-10-08  14,318  
 127  2018-03-02  10,980  | 127  2020-09-28   8,473  | 127  2020-02-13   9,463  | 127  2018-03-05  14,307  
 128  2020-07-28  10,965  | 128  2019-08-17   8,466  | 128  2019-09-07   9,457  | 128  2019-08-20  14,306  
 129  2018-03-06  10,961  | 129  2020-09-16   8,462  | 129  2019-09-08   9,454  | 129  2020-09-25  14,306  
130  2020-09-16  10,938  | 130  2019-07-21   8,455  | 130  2019-08-02   9,441  | 130  2020-09-27  14,303  
 131  2017-12-02  10,927  | 131  2020-09-18   8,454  | 131  2019-06-22   9,408  | 131  2017-12-03  14,277  
132  2018-02-19  10,924  | 132  2019-06-23   8,452  | 132  2019-07-21   9,407  | 132  2020-10-05  14,263  
133  2020-09-18  10,920  | 133  2019-06-22   8,444  | 133  2017-12-03   9,362  | 133  2019-06-23  14,262  
134  2020-09-20  10,903  | 134  2020-07-30   8,442  | 134  2020-07-30   9,360  | 134  2019-06-24  14,254  
 135  2018-01-22  10,899  | 135  2018-01-16   8,438  | 135  2018-01-28   9,357  | 135  2020-09-15  14,252  
 136  2018-01-26  10,880  | 136  2018-01-18   8,432  | 136  2020-09-28   9,347  | 136  2020-10-01  14,248  
137  2020-09-17  10,870  | 137  2020-09-26   8,424  | 137  2019-09-14   9,344  | 137  2020-09-21  14,218  
138  2020-09-28  10,870  | 138  2020-09-20   8,422  | 138  2020-07-28   9,337  | 138  2020-10-06  14,213  
 139  2019-06-24  10,842  | 139  2020-09-27   8,413  | 139  2019-08-18   9,335  | 139  2020-09-24  14,197  
 140  2019-08-04  10,842  | 140  2019-08-16   8,412  | 140  2018-03-05   9,334  | 140  2018-01-29  14,185  
 141  2019-06-23  10,812  | 141  2020-09-17   8,410  | 141  2019-09-09   9,326  | 141  2019-08-19  14,161  
142  2020-09-15  10,796  | 142  2019-08-23   8,409  | 142  2018-02-20   9,325  | 142  2020-10-04  14,146  
 143  2018-02-21  10,789  | 143  2017-12-04   8,406  | 143  2020-09-19   9,323  | 143  2019-08-04  14,144  
 144  2019-08-03  10,783  | 144  2019-07-15   8,399  | 144  2019-08-26   9,323  | 144  2020-07-27  14,138  
145  2020-10-08  10,777  | 145  2018-01-19   8,394  | 145  2019-09-15   9,318  | 145  2020-10-07  14,138  
 146  2020-09-03  10,757  | 146  2020-10-01   8,384  | 146  2019-08-14   9,314  | 146  2020-09-22  14,122  
 147  2019-08-20  10,751  | 147  2019-07-01   8,376  | 147  2020-10-09   9,311  | 147  2019-09-03  14,108  
148  2020-09-30  10,743  | 148  2020-09-29   8,375  | 148  2019-09-13   9,310  | 148  2019-06-22  14,097  
149  2020-09-29  10,731  | 149  2020-09-15   8,368  | 149  2019-07-01   9,306  | 149  2019-08-03  14,075  
 150  2018-03-01  10,727  | 150  2020-09-25   8,367  | 150  2019-09-12   9,300  | 150  2018-01-25  14,063  
151  2020-09-26  10,723  | 151  2020-09-30   8,356  | 151  2020-02-15   9,289  | 151  2020-10-03  14,054  
 152  2019-07-20  10,714  | 152  2019-09-12   8,354  | 152  2019-09-16   9,285  | 152  2018-03-06  14,039  
 153  2019-06-22  10,713  | 153  2019-07-22   8,347  | 153  2019-07-15   9,283  | 153  2020-10-02  14,028  
154  2020-10-05  10,712  | 154  2018-03-05   8,346  | 154  2019-07-19   9,281  | 154  2019-07-20  14,018  
155  2020-09-27  10,711  | 155  2019-09-09   8,343  | 155  2019-08-23   9,276  | 155  2020-05-08  14,006  
 156  2018-02-18  10,708  | 156  2019-08-01   8,343  | 156  2019-09-17   9,260  | 156  2020-09-14  13,991  
 157  2018-02-17  10,703  | 157  2019-07-19   8,327  | 157  2020-09-18   9,249  | 157  2018-01-27  13,981  
158  2020-10-01  10,689  | 158  2019-08-21   8,315  | 158  2019-08-17   9,245  | 158  2019-09-06  13,976  
 159  2018-01-23  10,687  | 159  2020-10-08   8,305  | 159  2019-07-22   9,245  | 159  2020-09-23  13,928  
 160  2019-08-19  10,681  | 160  2020-07-27   8,299  | 160  2020-09-20   9,234  | 160  2018-01-22  13,898  
 ------------------------    -----------------------    -----------------------    -----------------------
     BitStamp USD/BTC           CoinFloor GBP/BTC           Kraken EUR/BTC              Kraken CAD/BTC
[/size][/pre]
                                     * Chart Legend/Explanation *

[/quote]
12705  Bitcoin / Bitcoin Discussion / Re: Will you buy BTC from PayPal now that they are letting people do it? on: October 26, 2020, 01:13:47 AM
I want to perticipate buying bitcoin from paypal but Paypal account still doesn't showing any buying option from any other country but u.s. Although we can't withdraw btc from their website but can trade there & possible to make huge profit through that .but if anyone want to hodl btc in their wallet then Paypal is not correct option for them

actually it is really good for me to do a hodl.

If all I ever do is buy and hodl for 15 months or what ever

when I do sell it would be really simple to figure taxes.

ie spend 1000 usd over 1 year hodl 3 ,5,10,15 years. and cash.

simple easy to do on my usa tax return.

12706  Economy / Speculation / Re: What will happen next if the resistance breaks? on: October 26, 2020, 12:56:13 AM
So the new question is 13k the next resistance zone?

I for one would like to see price float at 12800-13400 for a month or more basically ignore the USA election and be on its own thing. Independent so to speak

In the summer of 2019 we surged to nearly 15k

And then went down below 10k again. Reason? Chinese have pulled a mighty scam that accepted Bitcoin. The point is, we should clearly understand the reasons for the current rally – if it can be called rally in the first place. I think the present uptrend is thanks to the upcoming US presidential elections. After we are past them, it may be time for a strong and powerful correction. But there can be other factors at play here, of course


no we did not surge to nearly 15k

we surged to nearly 14k.

but a crash and burn can always happen. For lots of reasons.
12707  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: October 26, 2020, 12:17:15 AM
while i dont see 100k in 2021.

right now today if we matched 2017 we need to be at 78k.

this is base on mining profit.

so I think we could get to 78k by nov 2021.

for me i need 26-30k to be doing well with my mining farm.


IMHO, I see BTC being a bit over or around $20k at the end of 2021. (I can't believe I'm saying only, when I got into BTC Sept 18th, 2013 it was $150).

Anyway, my reasoning is as follows (1) blowback and FUD from the powerful/banker/and vested interests that will try to distract and such on BTC/Crypto...there

is always a 'backlash' in that area (2) Times are tough and they may get worse..thus some will 'reasonably' take some money out of the long term HODL

wallets for real-life issues, again, IMHO. Also, quite frankly if you are a 'huge' whale even taking 5% off your hoard at $20k would be tempting...not a big

deal if you just did so, but if everyone else thinks the same due to the sucky economic times I expect in 2021 it all adds up.

(3) Human nature for the long term HODL'ers to take some profits....and I think $20k for a long term Hodl'er with more BTC than myself will be 'convinced'

to sell some in the coming recession and bad economic times...especially as a hedge, and if he is older than say 55 years old, or so. Again, the economy gets sketchy

what else can you move 24/7 ..as a hedge against, what I expect is a 'sucky' year on the whole economically for the world, in 2021.

(now, am I gonna get beat up on WO for this post!) Smiley Anyway, if I am right on my prediction of dismalness...that is not so bad ..if the 100k in 2021 comes to pass

I'll take the fall on this post then) Smiley

Sketchy...what else can you sell/move but BTC/Crypto 24/7 on a whim of you against the world/universe if 2021 sucks as bad as I suspect.

Brad




That's it, Searing turned "bearish". It's all over now, get your ready bags packed, fits hitting the shan!
Get your tissues, whole lot of tears are coming.




Seems that you have NOT been tuning into the WO frequently enough, PoolMinor.  In essence, Searing has always been a glass half full kind of guy who has been more than willing to spout out pessimistic views while apparently mostly HODLing through the vast majority of it, while complaining the whole time.

There are worse kinds of bear/bulls or whatever might be the proper label for such a HODLer, as the constantly fearing Searing.    Cheesy Cheesy Cheesy Cheesy

searing had a lot of btc in dec 2017.

I could not convince him to sell even 1 coin. 18000 or 19000 or 18000

And he ended up selling a lot at 3900.

This time around I think he may sell some at 18.
12708  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: October 26, 2020, 12:09:30 AM
Asking for a friend...

If a girl is into you and you realize that this is because of your bitcoin, then she is not a "gold digger", but what?

first couple of choices:

1. "just being smart"
2. bitcoin "post-miner" (or a "miner of bitcoin miner")
3. hodl-hodler

make your own...

4. sat-sucker
5. node-puller
6. Wall-breaker
7. merit whore

lol re 4-5, did not get 6,7...an explanation not needed, though.

while 4 and 5 are sexist they are funny as hell.

If I were 25 with a few hundred btc I would want 1 of each.

And play non- binary games all day and all night.
12709  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: October 25, 2020, 10:37:53 PM
okay follow this line of thought .  how to make PayPal look like a great place to buy and hodl btc.

the answer is have a few 'criminal' countries

such as :
Iran
North Korea
Syria

fully legitimize BTC

Then PayPal hodlings are delcared legit and allowed

While private wallets are a no no.


So once again this means:

 a} BTC is or has been acknowledged for what it can be.
 b} diversity in your BTC holdings = smart.
 c} multiple core wallets = cool
 d} hardware wallet = cool
 e} coinbase = better then yesterday
 f} paypal = better then yesterday
 g} exchange with no kyc = more risky then yesterday
 h} exchange with kyc = less risky then yesterday

looks like regulation of  your source of BTC is coming for 2021.

Just saying prepare for it.

I listed 8 of many ways to hold or spend btc understand them as the ride will be very bumpy the next few years.



Note I used 'quote' criminal countries as that is my government's designation of them not mine.

but I know the usa government so I keep my holdings transparent as I can.
12710  Economy / Speculation / Re: My 'vast' BTC hodl on PayPal on: October 25, 2020, 07:40:35 PM
At JayJaunGee

When I got into this all back in 2012 I always went with kyc and government disclosure.

My reasons for this won't fit non-USA filers

And they won't fit many USA filers.

But they do fit for me.

They will fit for a lot of PayPal users in the correct USA states. Millions for sure.

Will I make PayPal sole hodl account for btc?  most likely no.

but will I make this particular PayPal account solely for hodl? YES I will


I have a second very active PayPal account and I could go with BTC in it.
It could be a transactional account with lots of ins and outs.
But for now I do not need to be any more complex with PayPal then buying 20 or 30 for 40 usd in btc every month or so and holding it.

So I reviewed this PayPal account and realized to keep math simple I should keep purchases at round numbers.
So I now have spent $100 usd on BTC and my BTC holdings are about 103.


12711  Alternate cryptocurrencies / Mining (Altcoins) / Re: Number 9! Ninth altcoin thread. Back to the moon Baby! on: October 25, 2020, 05:46:56 PM
looking at hash rate charts for eth we have gone up up and away since jan 2020

now we are close to 277th in hash

 if a 4gb card is doing 25mh
then 40 of them do 1gh
and 40,000 of them do 1th
and 4,000,000 of them do 100th

I can be convince there are that many 4gb cards mining as I type.

so by feb 1 they should be greatly reduced maybe as much as 50th will drop out .

50th is
50,000gh is
50,000,000mh

50,000,000 mh is going to fall off.

so 100,000 5700xt add only 5,000,000 mh or 5th
100,000     5600xt  add only 4,000,000 mh or 4th
100,000     3080     add only 8.500,000 mh or 8.5th

I am think eth diff will not go past 300th in like 6 or 7 months.  so we could have stable earnings until spring.  yeah maybe 1.10 for 50mh card and take up to 30 cents power cost so 80 cents a card profit on the rx 5700xt looks to be easy enough to stay above for most miners.






12712  Economy / Computer hardware / Re: GPU/ASIC Miners For Sale| Deliver from China| Daily updated on: October 25, 2020, 05:01:13 PM

++++++
AntMiner S17 pro 53T | $830 | ship from China  https://t.me/Trissea

pm sent
12713  Bitcoin / Mining speculation / Re: It is 2020 time for a new diff thread. on: October 25, 2020, 05:00:18 PM
We would need a major price move past 18k to make the s9 have value.

as I speak we are at 12.9k with diff still looking to drop a bit. -5% looks like it may happen.



Latest Block:   654257  (30 minutes ago)
Current Pace:   92.5567%  (1074 / 1160.37 expected, 86.37 behind)
Previous Difficulty:   19298087186262.61
Current Difficulty:   19997335994446.11
Next Difficulty:   between 18554829769811 and 18851734847483
Next Difficulty Change:   between -7.2135% and -5.7288%

Previous Retarget:   October 17, 2020 at 11:34 AM  (+3.6234%)
Next Retarget (earliest):   November 1, 2020 at 7:42 AM  (in 6d 19h 43m 34s)
Next Retarget (latest):   November 1, 2020 at 1:36 PM  (in 7d 1h 37m 32s)
Projected Epoch Length:   between 14d 21h 7m 15s and 15d 3h 1m 13s

-7%. and coins at 13k would be nice for mining

time will tell.
12714  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: October 25, 2020, 04:57:36 PM
If you were not here during 2013 or 2017 bull markets: current #bitcoin price rise is just a small taste of what's next (weekly RSI in 70-90 range). We haven't even started!

https://twitter.com/100trillionUSD/status/1320396880929579008?s=20

hmm.

 12 bucks dec 2012. went to over 1200 usd nov 2013 factor of 100x

900 bucks jan 2017 went to over 20,000 usd  dec 2017 ( am aware that 20k was not on all exchanges). factor of 22.22 x  I do not count fork value of shit coins.


3900 bucks march 2020.   


 a  factor of 10x gives us 39000


12715  Economy / Speculation / Re: My 'vast' BTC hodl on PayPal on: October 25, 2020, 04:43:14 PM
May I ask what is the purpose of this "experiment"?
It's a very cool thing that PayPal accepts cryptocurrencies, but why did you choose this wallet to collect Bitcoin? Do you want to prove something by this? I am asking really seriously, because somehow I do not see any greater sense in what you do, of course I do not see also anything wrong with it.

This is a good question. I have to ponder upon the answer.

Just off the top, it seems quite clear that you should be able to gain exposure to BTC volatility by holding some or all of your paypal account value in BTC.

Let's say that historically, you have a floating paypal balance that bounces around between $200 and $5,000.  If you choose to allocate a certain percentage to BTC (whether 5%, 25%, 50%, 90% or some variating percentages that is based on other factors chosen by you), then you could potentially monitor the extent to which there might be advantages/disadvantages in holding some portion of your account value in BTC rather than dollars.

Of course, during high BTC UPpity volatility there should be greater benefits to hold larger portions of your account value in BTC rather than dollars, and opposingly, during high DOWNity BTC volatility, there should be greater benefits of holding larger portions of your account value in dollars rather than BTC.

For all those saying that this will "increase btc adoption" and "grandmas will buy btc on PayPal", I'm glad you are documenting this.

You are actually highlighting and showing how useless this extra step is, versus just buying stuff through PayPal with your CC or bank account directly.  Tongue

That does seem to be one of the BIG questions concerning if there happens to be any value in holding some or all of your account value in BTC rather than sticking with dollars ONLY?

Also this is one of two PayPal accounts that I have.

I can easily do hodl and fully understand cap gain tax for it. Or cap loss carry over.

To me it is a no brainer to take advantage of it.

Frankly I am too old (63) to deal with hiding my KYC info. So this makes things easy to do.

This account can be a simply hodl account for BTC. With my past history of over 10 years with this account and 10's of thousands in USD fiat charges and payments. This is simply another piece of investment for me.  And there is a hedge to it. Along with a simple accounting for cap gain/loss.  Just buy and don't sell for 2-3-5 years

At 63 I don't think in terms of 30 year hodl.

But I do think a nice 15 month plan as stated earlier would give me an idea of what this PayPal account can do for me.

12716  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: October 25, 2020, 02:56:42 AM
*sigh*

Don't use PayPal.  Hate them.  Boycott them.  Whatever.  You  can use Bitcoin and have nothing to do with them.

But to expect them to be anything other than what they are is foolish.  Trusted third parties are security holes etc.  I personally barely use PayPal.  I have an account because of eBay.  

But if you think we live in a world where they are just going to blow away like a dry leaf because they see that Bitcoin is the future of peer to peer finance... well I have a bridge to sell you.

And like it or not Bitcoin does not scale on the base layer and stay a distributed consensus.  So if you want to see trustless scaling then maybe you should start working on lnd.  And if you don't like lnd then maybe invent another trustless layer 2.  Grumping about PatPal is not adding anything.  And until there is something better for the masses to use they will use what is available.

sooner or later some payment settlement company would of done it. so it was palpal this time. ive heard the horror stories. but personally ive had zero problems with paypal in like a decade with them. hate me if you want but ill buy some paper corn from paypal. just like i did from robinhood. small amounts of course but gotta try it.

realistically though, how would you have preferred this to go down. as you pointed out, corn doesnt scale. layer two is still a mess. and clearinghouses seem the natural answer. a trustless clearinghouse, if such a thing can exist.

I have used paypal for 17 years. I had a decent ebay business. I would purchase new apple mac minis

and mod them to be sold on ebay. I estimate I did over 1000 sales using ebay and paypal.

No major issues.



 So I have been here since 2012

coins were under 10 bucks.

I have read we have to have adoption to mainstream.

Well here is the first true mainstream player in on btc lets get more major players....maybe we see 100k


Have not we have had a world wide market reset due to covid-19?

So why not a world wide adaptation of btc by the major players.

Now is the time for them to do it as it is still cheap.

 240billion is not that much to  wrap into the payment /investment market.



I am an old school computer geek I go back to univac  and  ibm mainframe gear.

I go back so far that I used slide rules.

my point is not on the transformation of mainframe to pc to cell phone.

but on the inability to see what is coming or what is worth while.

what the public wants.

I thought the ipad was a waste and would never work.

and right now I am laying on my bed typing on an ipad mini while watching the world series.

So the ipad did well for itself.

I see the paypal move as adding ipads into the mix of pcs.
 a very convenient tool for blogging and a lot more.
12717  Economy / Speculation / Re: My 'vast' BTC hodl on PayPal on: October 24, 2020, 10:51:25 PM
How much are they are taking in fees? Can't tell from the screenshots.
I am watching jimmy fallon.

but they did mention the amounts.

0.00165030btc.    was the 21.32 purchase.

0.00154773btc was the 20.00 purchase.

0.00159934btc was the 20.00 purchase.

Didn't know your time zone, so I wasn't sure what the exact BTC price was at the time and thus how much they took out. But I dug into it and apparently:

Quote
You can expect to pay 2.3% for transactions below $100, 2% for transactions between $100 and $200, 1.8% for transactions between $200 and $1,000 and 1.5% for transactions above $1,000. There's a minimum fee of $0.50 for transactions below $25.

The page also says there will be some spread between buy and sell prices. Fees will be waived until 2021.

https://techcrunch.com/2020/10/21/paypal-to-let-you-buy-and-sell-cryptocurrencies-in-the-us/

So I guess there are no explicit fees right now, just those implied by the spread. The fees, when they do kick in, don't look bad compared to Coinbase, who would charge 1.49% + $2.99 on each of those purchases. But I do wonder how big the spread is.

They can actually put fake BTC in your account if they please however if BTC goes to $20K and everybody wants to cash out they will be on the hook for the difference. Since they aren't some scammy bucket shop Forex broker they would need to deal with regulators. So most likely they hedge their exposure somehow. Even with the futures markets.

Paxos has a state trust charter and Paypal was just granted a conditional BitLicense. I'm pretty sure (although not 100% positive) they need to fully back all digital assets.

I think it is true as they are restricting people and putting them on waiting lists to buy.
12718  Economy / Speculation / Re: My 'vast' BTC hodl on PayPal on: October 24, 2020, 09:37:19 PM
logged into my pp account for 1st time in like 2 years...

Good news... had a shitload of points that I cashed out. (my default cc I use for all purchases that is set on auto monthly payoff)
Forgot about that, lol....   Hey now!... I'll just turn that cash into bitcoin!!

bad news....   gotta wait 2 weeks??   wtf?





I am highly active with paypal.

I guess it was why I was able to do it so easily.

Would be nice to know how many were stalled like you were.
12719  Alternate cryptocurrencies / Mining (Altcoins) / Re: 800kW of power and a greenhouse on: October 24, 2020, 08:44:06 PM

  Also what about solo vs pool mining for an operation of say 50-100 units l3+?
would solo mining make sense there or pool would be the way to go??

let me check math.

100 l3+ = about 50gh  about 1.32 coins a day on vabtc.com guaranteed daily payout

if you go solo and do it correctly you could hit a block every 9-10 days with standard luck

bad luck you can go as much as 90-100 days.

I personally would say do viabtc for a month collect the guaranteed coins .  The consider a solo shot.

30 days on viabtc.com should earn close to 40 ltc

If you want to try solo for 10 days and hope for 2 blocks vs 0 or 1

you will have coins in the bank.
12720  Alternate cryptocurrencies / Mining (Altcoins) / Re: Number 9! Ninth altcoin thread. Back to the moon Baby! on: October 24, 2020, 03:42:49 PM
The new release of big Navi will be very interesting.

Does anybody know of a board that will support the new Ryzen CPUs and has enough slots for at least 6 GPUs? Would be a nice thing to build a rig that can mine Monero on CPU and other coins on GPU very efficiently.

I am still using my Polaris rigs (unfortunately 60% 8GB cards) and will mine till it is not feasible anymore. I got most 4GB cards for like $50 in bulk when mining was super unprofitable for most - so even if I can sell them for the same price or slightly less at the end of the year - they were basically free.
I  have free electricity but will loose that some time early next year - so then I will have to get rid of all inefficient cards anyway. I hope for a run in crypto in the next couple of months and then selling even 4GB cards will be easier (hopefully), since miners will buy out all other cards and gamers, that a re looking for a cheap gaming card, will be willing to buy a 4GB Polaris.

no cant find it.

i have been able to do four cards on threadripper boards.

but on a lot of different 3900 x570 boards three cards are shaky
Pages: « 1 ... 586 587 588 589 590 591 592 593 594 595 596 597 598 599 600 601 602 603 604 605 606 607 608 609 610 611 612 613 614 615 616 617 618 619 620 621 622 623 624 625 626 627 628 629 630 631 632 633 634 635 [636] 637 638 639 640 641 642 643 644 645 646 647 648 649 650 651 652 653 654 655 656 657 658 659 660 661 662 663 664 665 666 667 668 669 670 671 672 673 674 675 676 677 678 679 680 681 682 683 684 685 686 ... 2312 »
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!