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Question: Will we break out from this range to the upside or downside?
Upside - 76 (66.7%)
Downside - 38 (33.3%)
Total Voters: 114

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26181821 times)
This is a self-moderated topic. If you do not want to be moderated by the person who started this topic, create a new topic. (170 posts by 5 users with 9 merit deleted.)
JimboToronto
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October 21, 2020, 01:12:27 PM

Good morning Bitcoinland.

I see we're still going up and blew past $12.4k this morning... currently $12425USD/$16295CAD (Bitcoinaverage).

AYH here we come. Go Bitcoin go.
_______

Paypal "wallet"?

Another way for suckers not to control their own keys.
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October 21, 2020, 01:20:37 PM
Merited by AlcoHoDL (1), ivomm (1), BobLawblaw (1)

My god, poor mindrust POOR MINDRUST...  Cool
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October 21, 2020, 01:23:00 PM
Merited by cAPSLOCK (1), ivomm (1)

In the very early pages of the WO, we talked of acceptance by paypal as a distantly dreamed of moon event. It's happening Gentlemen. It's happening now. And we're amongst the first people on the planet to know about it. What a great time to be alive and informed. And hodling.
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October 21, 2020, 01:23:45 PM

News has officially hit Crypto Youtube so the Fomo will keep the rocket train going all day long! Grin
https://www.youtube.com/watch?v=CzXfSKcWuTY

Ah.. so they partnered with Paxos to be granted the bitcoin license that many were hard pressed to obtain so to be able to operate out of the US.
https://www.coindesk.com/paypal-new-york-conditional-bitlicense-paxos-cryptocurrency

Will see how this will turn out as others have already mentioned it did not go well one year ago with zukerbucks.
Will see if Elon being the ex-ceo of dogecoin will bode well for institutional bucks going headfirst into it's next foray.
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October 21, 2020, 01:24:02 PM

Yeah, looks like the up elevator is on the way....
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October 21, 2020, 01:30:23 PM

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-culture

I 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.  Cheesy

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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October 21, 2020, 01:40:21 PM

My god, poor mindrust POOR MINDRUST...  Cool

Many men have fallen during battle, we will remember them but the strongest hands march on to the promised lands together.

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October 21, 2020, 01:50:18 PM

New AYH!

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October 21, 2020, 01:57:17 PM
Merited by Hueristic (1)

Well, it's nice to be officially "wealthy" again at these BTC/USD prices. Freaking surreal.

Too bad the Paypal news is so lame. Not being able to move crypto between accounts, or into your own custody is going to red-pill quite a few folk about "not your keys, not your coins"

Gentlemen.
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October 21, 2020, 02:01:07 PM

Well, it's nice to be officially "wealthy" again at these BTC/USD prices. Freaking surreal.

Too bad the Paypal news is so lame. Not being able to move crypto between accounts, or into your own custody is going to red-pill quite a few folk about "not your keys, not your coins"

Gentlemen.

Yeah... but the thing is... People will get exposed. And some people will figure out that other wallets let you have more control etc.  As much as @jack makes me want to march around with my AR strapped to my chest, he is going to drive things in the right direction for BTC.  At least it seems so.
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October 21, 2020, 02:03:56 PM
Last edit: October 21, 2020, 03:00:22 PM by strawbs
Merited by Lambie Slayer (1)

Well, it's nice to be officially "wealthy" again at these BTC/USD prices. Freaking surreal.

Too bad the Paypal news is so lame. Not being able to move crypto between accounts, or into your own custody is going to red-pill quite a few folk about "not your keys, not your coins"

Gentlemen.

Yeah, that was one of my initial thoughts too. But that's eclipsed imo by the ability to send your bitcoin to paypal and then be able to spend it anywhere paypal is accepted, which is almost everywhere online. So just one extra step allows us to spend bitcoin almost everywhere. That's huge (no need to keep huge amounts of bitcoin there).
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October 21, 2020, 02:04:44 PM

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October 21, 2020, 02:07:14 PM

Ahhh. A pleasant little AYH... $12.5k.

More please.
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October 21, 2020, 02:09:32 PM

Ahhh. A pleasant little AYH.

Yep we are now able to answer the child's question coming from the back seat of the car with a yes!

See question below:



Are we there yet?



Next question will be are we over 13k?
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October 21, 2020, 02:10:31 PM

13K WEEEEEEEEEEEEEEE  Kiss Cool Grin GOGOGO

====>

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October 21, 2020, 02:14:42 PM
Last edit: October 21, 2020, 02:29:33 PM by philipma1957
Merited by LFC_Bitcoin (2), fillippone (2)

I guess I should buy some








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$120000 by end of 2023 still possible


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October 21, 2020, 02:23:19 PM

Sheeeeeeeeit
O M fucking G
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October 21, 2020, 02:23:23 PM

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October 21, 2020, 02:24:25 PM

Dang... I just bought the pump!  Is that crazy or what?


I am genius!  Woot!

Lol.

Are we back to that sort of time where we all get to think we are the special anointed super-investors who can make no mistakes?

I hope it lasts for a couple years is what I hope. Smiley
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October 21, 2020, 02:27:21 PM
Merited by 600watt (1)

Sheeeeeeeeit
O M fucking G

the run has begun 50k possible :-D weeee
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