Wall Observer BTC/USD - Bitcoin price movement tracking & discussion

[cAPSLOCK]

THIS IS HUGE!

I dont like paypal
You dont get the privatekey
etc..
etc..
etc.

BUT NOW MY GRANDMA CAN ALSO BUY BITCOINS!

This is really the biggest step in to mass adoption!
Mark my word.... We are not going just to moon.... we are going to buy the damn moon 

^^^  Gets it.

This is the AOL of Bitcoin and they will onboard a lot of people.  Only difference is PayPal can still pivot and NOT become a instant messaging service no one uses in 10 years.

[cAPSLOCK]

Riddle me this, why would I buy something to buy something?
Unless you use the Paypal account for hodling it's useless.
Well, aside from the "spreading the word" aspect.

Do you think PayPal has rolled out their be all end all final product?

But the masses have the same reason to store their wealth in the hardest asset on Earth as the rest of us do.

Also LOOOOOTS of people like to gamble.

[serveria.com]

I am excited about the price, not excited about paypal at all.
This can't be a whole story, maybe they wait for some ledislation.
Otherwise, why would I buy btc on paypal when I cannot buy thing with that btc and/or move it around?

The answer is HODL 

[infofront]

sorry can't get excited about the Paypal corprotist shit sandwich getting served up for the masses.
you can't deposit your own btc, you can't withdraw your own btc, when you 'spend' btc from paypal the merchant doesn't receive btc ....
I mean wtf is it? It doesn't sound like btc ... it's just some joke token they are using in their internal spreadsheet for peeps who think they are in the btc market but are actually getting played by paypal.

the deception and surreptitious datarape by silicon valley continues, can't cheer this one on.

If it makes my BTC more valuable (in USD), I'm all for it. Bring on the ETFs too! 

[Wekkel]

A few good ones:

https://twitter.com/_joerodgers/status/1318953933382029324?s=21
https://twitter.com/pierre_rochard/status/1318996029694410755?s=21
https://twitter.com/woonomic/status/1318953350906310657?s=21
https://twitter.com/btc_jacksparrow/status/1318896941611319296?s=21

[lightfoot]

Well, now that I'm back from a little happy walk it's time to think about this.

First, glad it's bitcoin and not a paypal shitcoin. A shitcoin would just be their little company scrip, which as we all know is worthless in real terms.

Second: The issue about not having access to your keys is of course bad. Not your keys, not your bitcoin. So I will expect them to have a way to transfer your bitcoin out of their environment and onto the real blockchain. Yes there will be fees, but it will allow us to buy small/medium amounts of bitcoin without having to fuck with bank transfers, even more KYC, or shoving $100 bills into an ATM

Third: Real bitcoin will become a lot more valuable. The nice thing about BC is you can't just print it or fake it. Grows at 6.25 coins per 10 minutes and nothing in the universe can change this. So all these money transfer people are going to need real BTC to function.

Overall bullish. For the smart among us it's not quite true bitcoin (the Govt can easily tell Paypal to give up "your" coins whereas with true BTC they have to beat you with a rubber hose) but it's a start.

[Torque]

Well, now that I'm back from a little happy walk it's time to think about this.

First, glad it's bitcoin and not a paypal shitcoin. A shitcoin would just be their little company scrip, which as we all know is worthless in real terms.

Yeah but....it's bitcoin and also 3 other shitcoins that we all know are completely worthless.

sorry can't get excited about the Paypal corprotist shit sandwich getting served up for the masses.
you can't deposit your own btc, you can't withdraw your own btc, when you 'spend' btc from paypal the merchant doesn't receive btc ....
I mean wtf is it? It doesn't sound like btc ... it's just some joke token they are using in their internal spreadsheet for peeps who think they are in the btc market but are actually getting played by paypal.

the deception and surreptitious datarape by silicon valley continues, can't cheer this one on.

Finally found something I can agree with Marcus on. They will screw PayPal hodlers over just like the Robinhood traders get screwed over time and again. With unlimited fractional reserve and holding the real keys, PayPal will be scraping off the cream of trading profits from crypto users' crypto balances. Also by attracting bitcoin hodlers they will pool the btc and help the trading shorters do more damage.

[Toxic2040]

Well, now that I'm back from a little happy walk it's time to think about this.

First, glad it's bitcoin and not a paypal shitcoin. A shitcoin would just be their little company scrip, which as we all know is worthless in real terms.

Yeah but....it's bitcoin and also 3 other shitcoins that we all know are completely worthless.

sorry can't get excited about the Paypal corprotist shit sandwich getting served up for the masses.
you can't deposit your own btc, you can't withdraw your own btc, when you 'spend' btc from paypal the merchant doesn't receive btc ....
I mean wtf is it? It doesn't sound like btc ... it's just some joke token they are using in their internal spreadsheet for peeps who think they are in the btc market but are actually getting played by paypal.

the deception and surreptitious datarape by silicon valley continues, can't cheer this one on.

Finally found something I can agree with Marcus on. They will screw PayPal hodlers over just like the Robinhood traders get screwed over time and again. With unlimited fractional reserve and holding the real keys, PayPal will be scraping off the cream of trading profits from crypto users' crypto balances. Also by attracting bitcoin hodlers they will pool the btc and help the trading shorters do more damage.

[600watt]

bullishness is bullish.

[Cryptotourist]

Me waiting for the BTC $100k party

We glad to meet you at the $100k party:




Gentlemen. Observing $12957 edit $13k

[serveria.com]

13k incoming 

[lightfoot]

Yeah but....it's bitcoin and also 3 other shitcoins that we all know are completely worthless.

Not quite what I meant: They could have sold paypalcoin or some BS like that which isn't backed by anything. LTC is a little coin but at least it has a public mining community. Huffing ether... is, and I didn't see what the last one was.

you can't deposit your own btc, you can't withdraw your own btc, when you 'spend' btc from paypal the merchant doesn't receive btc ....
I mean wtf is it? It doesn't sound like btc ... it's just some joke token they are using in their internal spreadsheet for peeps who think they are in the btc market but are actually getting played by paypal.

the deception and surreptitious datarape by silicon valley continues, can't cheer this one on.

If that is what it becomes then it is a shitcoin. We'll see.

[Torque]

Yeah but....it's bitcoin and also 3 other shitcoins that we all know are completely worthless.

Not quite what I meant: They could have sold paypalcoin or some BS like that which isn't backed by anything. LTC is a little coin but at least it has a public mining community. Huffing ether... is, and I didn't see what the last one was.

I believe it's BCash, the biggest and most worthless scam coin of them all. The *king* of shitcoins (well, next to BSV of course).

[600watt]

Yeah but....it's bitcoin and also 3 other shitcoins that we all know are completely worthless.

Not quite what I meant: They could have sold paypalcoin or some BS like that which isn't backed by anything. LTC is a little coin but at least it has a public mining community. Huffing ether... is, and I didn't see what the last one was.

I believe it's BCash, the biggest and most worthless scam coin of them all. The *king* of shitcoins (well, next to BSV of course).

i understand your judgement but I would like to mention eth, the DAO, erc-20, etc shitcoin enabler could be viewed as "king"

[BobLawblaw]

[LFC_Bitcoin]

If I could tell 2014 me anything, it’d be to chill, everything is going to work out just fine.

Not current valuation but I'd be very happy with 10,000 USD each.
I'd be set up for life then with my coins.
I suppose that's the ultimate dream.

[Torque]

Yeah but....it's bitcoin and also 3 other shitcoins that we all know are completely worthless.

Not quite what I meant: They could have sold paypalcoin or some BS like that which isn't backed by anything. LTC is a little coin but at least it has a public mining community. Huffing ether... is, and I didn't see what the last one was.

I believe it's BCash, the biggest and most worthless scam coin of them all. The *king* of shitcoins (well, next to BSV of course).

i understand your judgement but I would like to mention eth, the DAO, erc-20, etc shitcoin enabler could be viewed as "king"

Hmmm... maybe they should have a yearly contest, to see which one is crowned "King of the Shitcoins" each year?

I'm sure it would be a tight vote. A few could win multiple years in a row.

[Toxic2040]

#dyor
D

#stronghands

[kurious]

Bitcoin on Paypal
Beats Facebook coin shit at least
I'll give it two cheers...

Massive exposure
And they will have to buy some
At least it's a start

All's been said above
If Paypal brings the masses
Who can stop the train?

[Biodom]

I am excited about the price, not excited about paypal at all.
This can't be a whole story, maybe they wait for some ledislation.
Otherwise, why would I buy btc on paypal when I cannot buy thing with that btc and/or move it around?

The answer is HODL 

it is not HODLINg if you hodl a paypal database entry and not a real thing.
At least, this is my thinking.
They will funnel your "btc" to people like blockfi and celsius, get money from it while the database entry will do nothing.
On the other hand M. Saylor's true btc buy value went from $425 mil to almost 500 mil in my calculation....