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

[El duderino_]

Where the fcuk are all the naysayers and bears?

Hardly a troll to be seen.  Did the paymaster close up shop?

Proudhon has been silenced for now.

Re-calculating math’s

[explorer]

Where the fcuk are all the naysayers and bears?

Hardly a troll to be seen.  Did the paymaster close up shop?

Proudhon has been silenced for now.

Proudhon doesn't count.  OG bitcoiners are entitled to their fun.

[jojo69]

Where the fcuk are all the naysayers and bears?

Hardly a troll to be seen.  Did the paymaster close up shop?

Proudhon has been silenced for now.

Re-calculating math’s

[philipma1957]

Where the fcuk are all the naysayers and bears?

Hardly a troll to be seen.  Did the paymaster close up shop?

Proudhon has been silenced for now.

Proudhon doesn't count.  OG bitcoiners are entitled to their fun.

Okay lets give him that.

maybe he will post the 13250 high today is that of a very dead  lively cat bounce.

[Lambie Slayer]

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.

[OROBTC]

...

Three recent developments (PayPal's acceptance of BTC into their system, LibertyX and BitPay's debit card -- en route, will review when I get it) will, in time, help a LOT in getting more people into BTC and help lift the price even further...:

https://bitcointalk.org/index.php?topic=5283604.0

We're all winners!

[Biodom]

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.

[explorer]

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.

And yet people are going to scramble to get BTC exposure the easiest way they can find when it gets close to ATH next month, and the year following.   An excellent move for paypal that will bring in nice fat fees and further increase their exposure and user base.  This will be huge, and lead to phase 2, certainly.

[Lambie Slayer]

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.

[marcus_of_augustus]

... 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.

[El duderino_]

[El duderino_]

gif foto maken

[El duderino_]

[El duderino_]

[philipma1957]

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.

[Lambie Slayer]

... 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.

[marcus_of_augustus]

Belgium

[marcus_of_augustus]

... 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 

[Lambie Slayer]

... 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.  

[cAPSLOCK]

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).

Yes.  This is by far the most disappointing part of the thing to me.  Overall I see this as mega bullish... but fucking BCash