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

[Arriemoller]

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.

[serveria.com]

I want dem dang keys PayPal or you own my stash...
Amazing paypal is control of the little guys $btc forever
Typical bs

You should not use Paypal to custody your bitcoin, obviously.

But more than 99% of people are nowhere near ready to custody their own keys.

The less stories about how dangerous it is to own Bitcoin, the better.

This is analogous to the arrival of AOL in the internet age.  Do we want AOL instead of the internet?  Hell no.  Did AOL onboard 70% of the US market.  Yup.

Exactly! Paypal will make BTC go incredibly mainstream. I guess leaving the coins in their custody and letting them charge their 5 is a fair price for that. 

[serveria.com]

Me waiting for the BTC $100k party

Bears (or ex-bears) are not invited... 

[marcus_of_augustus]

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.

another tossing sand in the wheels and gears of progress.   grease them brother lube them up 20 usd worth of grease please.

Okay we get it, you're a paypal shill who's cheering on the ripping off of millions using the bitcoin brand so they can play in the CME btc options market for their corporate treasury

if a crypto exchange was doing this everyone would be shitting all over them

[DaRude]

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.

Now when granma's "invested" in BTC via PayPal, it'll be that much harder for gov. to fight it as money for pornographers, terrorist, durggies... 

[Hyperjacked]

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.

So true man! I've been saying it for years with my "feed the homeless" rants back in 2014!
Corporate holds the cards and deals out accordingly. If you hold the "keys" you control the masses!
HODL YOUR OWN KEYS!

disclaimer:who knew

[nokati]

Me waiting for the BTC $100k party

Bears (or ex-bears) are not invited... 

 

[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 legislation.
Otherwise, why would I buy btc on paypal when I cannot buy anything with that btc and/or move it around?

[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.