I'm forcing Rick to retire within the next 60 days, ergo, Bitcoin is going to moon to a new ATH.
Quote me.
Quoted due to truthfulness and science. |
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LOL to all the Bears who saw stocks dumping and shorted King Bitcoin as it heads to new all time highs.
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FAIR WARNING: BobCoins will likely be entering play near $16K USD/BTC.
I've decided for certain, I'm rescuing Rick from wage-slavery at that price, and giving myself a small bonus, after tax withholding. Expecting it within the next 30 days.
Not likely to take significant profit for myself until around $25K USD/BTC or so.
Well it sure beats the RoachCoins that entered play around $300 or the MindCoins that entered play around 4k.  SlayerCoins likely staying put till 200k. |
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I cant think of a single reason why we don't hit 14k today. Bears, you had it coming. |
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Love the smell of the Golden Bull Run in the morning.  |
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The whole "not your keys not your Bitcoin" has always been a bit too absolutist for me. It implies that you will lose your Bitcoin every time if you don't have full control of your keys at all times. If you want to use a metaphorical valet temporarily you aren't failing some Bitcoin purity test. You give your keys to the valet for convenience in hopes that he will bring your car back. You run a tiny risk of not getting it back, but some people like to valet their car. This whole zero risk kinda thinking is what caused large swaths of the global population to hide under their beds like cowards for a minor flu bug. "not under your bed, not fully safe from flu/snake bites"  Life is full of risks and its up to the risk taker to decide what risks are worth it for them. No sense in shaming granny for failing some Bitcoiner purity test bc she trust her keys to paypal or an exchange. My neg opinion is not about "purity", but about functionality. If they change functionality to "almost there", then I would be largely OK with it (for grannies, lol). Right now, you can withdraw $$ from paypal to your bank account. People generally don't keep cash at paypal. You can only buy bitcoin and have it at paypal, which would simply allow paypal to earn large % on it, which they can't with $$. Honestly, without ANY transactional possibility at paypal, it is a dud, but i think that transactional possibility would be there is step 2. It is prefect for 20 a month hodl plans. Go back to 2010 put away 20usd a month in btc let me know what you have now. measured in in which units? I don't want to accumulate btc to have more $$ in a few mo. By the same token, you could buy in the cashapp, then move it to blockfi...you would have gotten more btc and more $$ (if $$ is the point) in a few month. I see a benefit for those who have a large volume on paypal, maybe. BTW, planB is also sharply negative: https://twitter.com/100trillionUSD/status/1318908402064625664You said Paypal would be able to make a large profit off the Bitcoin granny stores and not the fiat. "You can only buy bitcoin and have it at paypal, which would simply allow paypal to earn large % on it, which they can't with $$." I demonstrated that granny would reap any capital gains profits from Bitcoin, not paypal, unless paypal commits outright fraud and theft. What is to stop granny from hodling for years on Paypal. By then she can likely directly withdraw it directly in BTC, or if not, she can convert her Bitcoins to a million each in fiat, then transfer the fiat to an exchange and buy Bitcoin that she can control the keys of. |
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... paypal is just a lot of hype, bitcoin was primed to go up anyway, the fact it didn't crash on the Bitmex fed-controlled demolition was the big clue that it is just time.
... let's run some real numbers for the mini-minds fogged with snake-bite poison ...
Paysmell usersbase 300 million? say 10-20% of those at best are grammas just itching in their panties to get hands on some paypal trading tokens, so at best maybe 60million dufus who will get sucked into this scam ... on average they'll maybe throw $1-200 at it, best case 60mill sheeple get $200 (totally hopium numbers) ... that's about $12 billion coming into bitcoin ... meh, w/e
Federal Reserve printing ~$10-15 trillion to stop rich folks feeling poorer from the plague
... poor sheeple got no money, that's why they call them poor.
... bitcoin adoption is about MONEY adopting bitcoin, not poor people ... sorry if that upsets your socialistic sensibilities but that's the reality on the ground, I wish poor people would wise up and buy bitcoins for real, they always choose the corporate-guvvy shackles though
Paypal CEO was talking about luvving bitcoin in 2013 ffs!, 7 years later they come up with this shit sandwich e-tokens card-collecting game (how is it not a fraud anyway?), I mean it's a total joke and you're fucked in the head from huffing hopium if you think this means anything in the big scheme of things.
Looks like somebody got caught short once again.  Hard for some people to think clearly after hiding under a bed for 7 months scared of and preaching doom and gloom that never came. I could go on and on, but I'd just be kicking someone while they are down and beaten. So cheer up buddy, life's not that bad, you never died from the sniffles, and Paypal is part of the path to Global Reserve status. .. it's always fun watching the muppets like you dance around on corpro-guvvy strings ... you make it too easy Im a paranoid schizo like Roach and everyone is a secret govy agent. Derp Derp... You haven't had any fun in seven months and you know it. You have been living in perpetual terror of a death by sniffles that never came. Come out from under the bed and life wont seem so gloomy. Only a shorter cries and whines after King Bitcoin makes a big move up.  |
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... paypal is just a lot of hype, bitcoin was primed to go up anyway, the fact it didn't crash on the Bitmex fed-controlled demolition was the big clue that it is just time.
... let's run some real numbers for the mini-minds fogged with snake-bite poison ...
Paysmell usersbase 300 million? say 10-20% of those at best are grammas just itching in their panties to get hands on some paypal trading tokens, so at best maybe 60million dufus who will get sucked into this scam ... on average they'll maybe throw $1-200 at it, best case 60mill sheeple get $200 (totally hopium numbers) ... that's about $12 billion coming into bitcoin ... meh, w/e
Federal Reserve printing ~$10-15 trillion to stop rich folks feeling poorer from the plague
... poor sheeple got no money, that's why they call them poor.
... bitcoin adoption is about MONEY adopting bitcoin, not poor people ... sorry if that upsets your socialistic sensibilities but that's the reality on the ground, I wish poor people would wise up and buy bitcoins for real, they always choose the corporate-guvvy shackles though
Paypal CEO was talking about luvving bitcoin in 2013 ffs!, 7 years later they come up with this shit sandwich e-tokens card-collecting game (how is it not a fraud anyway?), I mean it's a total joke and you're fucked in the head from huffing hopium if you think this means anything in the big scheme of things.
Looks like somebody got caught short once again. Hard for some people to think clearly after hiding under a bed for 7 months scared of and preaching doom and gloom that never came. I could go on and on, but I'd just be kicking someone while they are down and beaten. So cheer up buddy, life's not that bad, you never died from the sniffles, and Paypal is part of the path to Global Reserve status. |
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The whole "not your keys not your Bitcoin" has always been a bit too absolutist for me. It implies that you will lose your Bitcoin every time if you don't have full control of your keys at all times. If you want to use a metaphorical valet temporarily you aren't failing some Bitcoin purity test. You give your keys to the valet for convenience in hopes that he will bring your car back. You run a tiny risk of not getting it back, but some people like to valet their car. This whole zero risk kinda thinking is what caused large swaths of the global population to hide under their beds like cowards for a minor flu bug. "not under your bed, not fully safe from flu/snake bites" Life is full of risks and its up to the risk taker to decide what risks are worth it for them. No sense in shaming granny for failing some Bitcoiner purity test bc she trust her keys to paypal or an exchange. My neg opinion is not about "purity", but about functionality. If they change functionality to "almost there", then I would be largely OK with it (for grannies, lol). Right now, you can withdraw $$ from paypal to your bank account. People generally don't keep cash at paypal. You can only buy bitcoin and have it at paypal, which would simply allow paypal to earn large % on it, which they can't with $$. Honestly, without ANY transactional possibility at paypal, it is a dud, but i think that transactional possibility would be there is step 2. If granny buys Bitcoin on paypal, lets it sit for a while, then sells at a profit and withdraws the fiat is not granny earning the % profit on it and not paypal? Assuming Paypal doesnt commit brazen fraud I would think this is the case. I would think market forces will eventually force Paypal and Robinhood and others to allow direct Crypto withdrawals. We have led the horses to water, now we sit back and let them drink. The ones who drink the most will win the race. |
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The whole "not your keys not your Bitcoin" has always been a bit too absolutist for me. It implies that you will lose your Bitcoin every time if you don't have full control of your keys at all times. If you want to use a metaphorical valet temporarily you aren't failing some Bitcoin purity test. You give your keys to the valet for convenience in hopes that he will bring your car back. You run a tiny risk of not getting it back, but some people like to valet their car. This whole zero risk kinda thinking is what caused large swaths of the global population to hide under their beds like cowards for a minor flu bug. "not under your bed, not fully safe from flu/snake bites" Life is full of risks and its up to the risk taker to decide what risks are worth it for them. No sense in shaming granny for failing some Bitcoiner purity test bc she trust her keys to paypal or an exchange. |
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It's gonna be tough for a lot of idealistic Bitcoiners to accept the fact that some of bitcoin's "layer 2" is gonna be built by people who do not share the cypherpunk ethos.
Thing is... that's really part of the ethos isn't it? I mean, who is not allowed in the pool?
This is why I have always sort of resisted the whole "fuck the banks" aspect... Central banks? Yes. But people like Paypal, Visa, Western Union, Wells Fargo? They are gonna play or get slaughtered. They will end up in.. as we are seeing happen. Bitcoin has to be strong enough to handle it.
The closest historical parallel I can find to the spread of Bitcoin is the spread of Christianity in the Roman Empire. At first some Christians were surely thinking fuck the Romans while others were seeing the inevitable spread of their ideology and the Roman Empire as the ultimate convert target. Less than 400 years after Legio X Fretensis of the Imperial Roman army crucified Jesus, the Christian ideology had taken over the empire. Keep in mind this was during a time when information couldn't travel faster than a horse's gallop. "Rome becomes Christian In 313 CE, the emperor Constantine issued the Edict of Milan, which granted Christianity—as well as most other religions—legal status. While this was an important development in the history of Christianity, it was not a total replacement of traditional Roman beliefs with Christianity. In 325, Constantine called the Council of Nicaea, which was a gathering of Christian leaders to determine the formal—or orthodox—beliefs of Christianity. The result of this council was the Nicene Creed, which laid out the agreed upon beliefs of the council. In 380 CE, the emperor Theodosius issued the Edict of Thessalonica, which made Christianity, specifically Nicene Christianity, the official religion of the Roman Empire. Most other Christian sects were deemed heretical, lost their legal status, and had their properties confiscated by the Roman state." https://www.khanacademy.org/humanities/world-history/ancient-medieval/christianity/a/roman-cultureI find the last sentence to be one of the most important. If history repeats than Bitcoin will become the global reserve currency and most altcoins will lose legal status and be confiscated by the Global Elites in their Bitcoin Citadels. I see the Imperial Cabal of Central Banks as a sort of Financial Fascist Super-State that is the ripest and juiciest target for converting into our Hodler ideology.
Now that humanity has taken the horse gallop speed of information dissemination and increased it to the speed of light it seems logical for Bitcoin to become the Global Reserve currency in a few decades or less. |
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Just a few bucks away from a new 2020 high! The good old days are back boyz |
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We haven't even gotten any decent volume yet.
I think the real buying is about to start and we should hit 15k by Halloween.
I will have to dress up as a bloody Bear shorter with a noose around my neck and a knife in my chest.
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20k by Christmas.
The Bargain Boys are currently taking a blissful walk down memory lane, thinking about all the sweet bargs they swept up between $5k and $9k this year.  Well done sir. After we crash from 400k, I suspect the Bargain Boyz will resurface to purchase coins at 60k. They are such ruthless bastards and will stop at nothing to get the cheap coins. |
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We are long overdue for a 1k daily green candle. That will get the real party started.
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