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November 24, 2020, 04:11:34 PM *
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Question: When ATH?
Nov. 2020 - 47 (36.2%)
Dec. 2020 - 43 (33.1%)
Jan. 2021 - 14 (10.8%)
Feb. 2021 - 5 (3.8%)
Mar. 2021 - 5 (3.8%)
After Mar. 2021 - 16 (12.3%)
Total Voters: 130

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 24400811 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. (153 posts by 40 users deleted.)
Cryptotourist
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October 24, 2020, 12:47:03 PM

As I asked others before you. what would be major adoption to you?

This is a 345 million account company.
if every account held 100 usd in btc it is 34.50 billion in btc. current btc cap is 240 billion

You're talking about a company dude. A corporate company. BTC has nothing to do with companies. Well, apart from the fact that everybody wants big chunks of it.
Major adoption would be having a class in nursery school, educating the little ones on what money should be like: free. BTC stands for monetary freedom.
We both know this ain't going to happen - any time soon anyway.

Until it is confirmed that every paypal purchase of the so called BTC, is backed by real ones that you can transfer around and pay for things, all this is nothing but misleading.
As I already mentioned:

Nothing much will happen to BTC imo, whereas paypal's revenue might go off the roof.
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October 24, 2020, 01:09:58 PM
Merited by philipma1957 (2)

You are looking at the banking blueprint of the future.

Sure I am. BTC without the need for banks though. Wink


And it is neatly rolled into the world bank system. This is what they are looking to do.

They are looking to make a better position in BTC. You know, the one they missed out on - obtaining 99% of BTC in existence.
Satoshi really fucked them there, so don't do them the favor either. Grin
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October 24, 2020, 01:12:30 PM

It's hope that brings wealth
and uncertainty brings pain
Bitcoin brings them both

#WOHaiku
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October 24, 2020, 01:39:02 PM
Merited by El duderino_ (19), bitebits (5), LFC_Bitcoin (4), philipma1957 (2), psycodad (1), AlcoHoDL (1), OutOfMemory (1)

El duderino asked for a hat with the Dicaprio meme image on it which I made:

 

 avatar-sized

 


 but shortly afterward, bitebits suggested an even cooler version for His Dudeness:
 White Russian added (facial tone was altered to match the hand as well)

 

avatar-sized

 


A melding of the memes.  I hope the universe can handle it; I would hate for it to explode before Bitcoin moons.
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October 24, 2020, 01:47:33 PM

Nice hat.
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October 24, 2020, 01:51:22 PM
Merited by DaRude (1)

You are looking at the banking blueprint of the future.

Sure I am. BTC without the need for banks though. Wink


And it is neatly rolled into the world bank system. This is what they are looking to do.

They are looking to make a better position in BTC. You know, the one they missed out on - obtaining 99% of BTC in existence.
Satoshi really fucked them there, so don't do them the favor either. Grin

This means they realized that can’t beat it the way they were trying to beat it.

So they are going to try to roll it into their products.

No more complicated then this.
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October 24, 2020, 02:44:45 PM
Merited by Icygreen (1)

just imagine just 10% of the 345 million PayPal users decided to buy a bitcoin.

oops...  Cheesy

I guess some missed the point Smiley.


We can boycott them. And if we all did : by using, developing and improving the myriad of p2p opensource alternatives, we won't be corralled. Otherwise, just trust them, there is no slaughtering house at the end... it's a fake news conspiracy... Are you sure to want to see the end of the "tunnel"?
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October 24, 2020, 03:17:26 PM
Merited by xhomerx10 (1), 600watt (1), rolling (1)

As I asked others before you. what would be major adoption to you?

This is a 345 million account company.
if every account held 100 usd in btc it is 34.50 billion in btc. current btc cap is 240 billion

You're talking about a company dude. A corporate company. BTC has nothing to do with companies. Well, apart from the fact that everybody wants big chunks of it.
Major adoption would be having a class in nursery school, educating the little ones on what money should be like: free. BTC stands for monetary freedom.
We both know this ain't going to happen - any time soon anyway.

Until it is confirmed that every paypal purchase of the so called BTC, is backed by real ones that you can transfer around and pay for things, all this is nothing but misleading.
As I already mentioned:

Nothing much will happen to BTC imo, whereas paypal's revenue might go off the roof.


"PP lying about real buying of bitcoins and thereforee it won't contribute to the mass adoption" is pure FUD, started by the same nocoiners and shorters who got caught with pants down. Practically 100% of them are on my ignore list from before, when I noticed they are conspiracy theorists or just bitter FUDsters. I wonder what was the point of ignoring them when the rest are quoting them and even meriting their nonsense posts.

Anyway, this conspiracry type of people of course will suspect PP to play tricks and not buy real bitcoins. Only hardcore flatearther can figure a way for such a large company to try something that even most ponzis can't do.  What about bitcoin exchanges? They are also companies. How are people going to buy bitcoins without any of those: banks, credit cards, exchanges. Localbitcoins? But they use PP  as well Grin Grin Grin. All these are just nesessary means for the mass adoption.

So next time try something better - like "bitcoin is overbought" or my favourite "the halving was priced in". Take your pick,  I don't care.

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October 24, 2020, 03:21:42 PM

just imagine just 10% of the 345 million PayPal users decided to buy a bitcoin.

oops...  Cheesy

I guess some missed the point Smiley.



We can boycott them. And if we all did : by using, developing and improving the myriad of p2p opensource alternatives, we won't be corralled. Otherwise, just trust them, there is no slaughtering house at the end... it's a fake news conspiracy... Are you sure to want to see the end of the "tunnel"?

34.5 million btc can not be sold. as only 18.5 of 21 are out and mined.

i think many believe the coins sold by exchanges and now paypal don’t exist.

well then there is not much you can do about that.

it is how the big money people of the world will control btc down the road.


This has and will always be the way to fuck with btc.

simply sell coins and trade coins you don’t have.

banks do fractional reserves.  this is what will be done to btc. not in a day or a month but down the road.

I think we close over 13k today. lets see.
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October 24, 2020, 03:36:07 PM

And it's moving again. Carolina doesn't sleep
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October 24, 2020, 03:42:03 PM

Thank you Bitcoin.....






https://youtu.be/IuUDRU9-HRk
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October 24, 2020, 04:00:42 PM

"PP lying about real buying of bitcoins and thereforee it won't contribute to the mass adoption" is pure FUD, started by the same nocoiners and shorters who got caught with pants down. Practically 100% of them are on my ignore list from before, when I noticed they are conspiracy theorists or just bitter FUDsters. I wonder what was the point of ignoring them when the rest are quoting them and even meriting their nonsense posts.

OK, I'll play along - buy some corn on paypal, and ... send it to your cold storage wallet. Wait, no?
Hell, pay for something with it. Wut, again no?
How is it BTC then? Where is the power to transact without anybody's permission?

This is no conspiracy, so don't try to play that angle.
It's the way governments tackle the BTC issue via companies and banks. Up straight, not conspiring, by selling something else instead of BTC to the herd.


What about bitcoin exchanges? They are also companies. How are people going to buy bitcoins without any of those: banks, credit cards, exchanges. Localbitcoins? But they use PP  as well Grin Grin Grin. All these are just nesessary means for the mass adoption.

Eh, no. It is not necessary to give up your wealth to a third party.
Exchanges (companies - yes) at least have the decency to let you own it.

There, this is not FUD, but rather reality - instead of corporate fantasies:

Until it is confirmed that every paypal purchase of the so called BTC, is backed by real ones that you can transfer around and pay for things, all this is nothing but misleading.

I'm no shorter, FUDster and definitely no nocoiner, so instead of repeating myself, I would appreciate it you put me back on ignore and leave our debate here.
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October 24, 2020, 04:20:35 PM

It's the way governments tackle the BTC issue via companies and banks.

FTFM:

It's the way banks tackle the BTC issue via governments and companies. Kiss
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THE NEXT 24 YEARS ARE CRITICAL🍄💊


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October 24, 2020, 05:13:40 PM



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October 24, 2020, 05:23:02 PM

How's everyone feeling today? Corn looking strong. Think we will see the run to 14k this weekend?
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October 24, 2020, 05:23:59 PM
Merited by Cryptotourist (3), explorer (1)


governments ... companies and banks.


I seriously cannot tell the difference anymore.
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October 24, 2020, 05:33:39 PM

How's everyone feeling today? Corn looking strong. Think we will see the run to 14k this weekend?


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October 24, 2020, 05:38:26 PM

morning charts

#dyor

4h


D



D/minus Ichimuko

#stronghands



random haiku

Neither smile nor frown
Cookie monster points the way
Up towards the Moon
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October 24, 2020, 05:52:22 PM

As I asked others before you. what would be major adoption to you?

This is a 345 million account company.
if every account held 100 usd in btc it is 34.50 billion in btc. current btc cap is 240 billion

You're talking about a company dude. A corporate company. BTC has nothing to do with companies. Well, apart from the fact that everybody wants big chunks of it.
Major adoption would be having a class in nursery school, educating the little ones on what money should be like: free. BTC stands for monetary freedom.
We both know this ain't going to happen - any time soon anyway.

Until it is confirmed that every paypal purchase of the so called BTC, is backed by real ones that you can transfer around and pay for things, all this is nothing but misleading.
As I already mentioned:

Nothing much will happen to BTC imo, whereas paypal's revenue might go off the roof.


"PP lying about real buying of bitcoins and thereforee it won't contribute to the mass adoption" is pure FUD, started by the same nocoiners and shorters who got caught with pants down. Practically 100% of them are on my ignore list from before, when I noticed they are conspiracy theorists or just bitter FUDsters. I wonder what was the point of ignoring them when the rest are quoting them and even meriting their nonsense posts.

Anyway, this conspiracry type of people of course will suspect PP to play tricks and not buy real bitcoins. Only hardcore flatearther can figure a way for such a large company to try something that even most ponzis can't do.  What about bitcoin exchanges? They are also companies. How are people going to buy bitcoins without any of those: banks, credit cards, exchanges. Localbitcoins? But they use PP  as well Grin Grin Grin. All these are just nesessary means for the mass adoption.

So next time try something better - like "bitcoin is overbought" or my favourite "the halving was priced in". Take your pick,  I don't care.



I don't care if you buy bitcoin on paypal and let it fester there-go ahead, make my day.
I would be buying the real thing in the meantime.
BTW, show me a proof that they will hold "real" bitcoin. So far what I have seen is a reference to their "liquidity" provider (not sure what it even mean)-Paxos.
I would call such "bitcoin" (in paypal bitcoin wallet) "bitcoin twice removed" as to indicate it's relationship to the real one.
It very well may be that it would increase exchange velocity, maybe even price (although I doubt about the latter).
It seems that you look at bitcoin as means to get more $$ or euros. Correct? If so, paypal bitcoin is just for you.
For myself, I don't care, have enough $$ already.
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October 24, 2020, 06:06:59 PM

Total marketcap is going higher. highest for the year. Means money is coming. New investors are joining to crypto market. Cool

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