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

[Torque]

Mike Novogratz said covid was good for bitcoin? I guess so.
https://twitter.com/APompliano/status/1319626378376056833

https://www.youtube.com/watch?v=_PXU0thDHCU
He did say up to $40,000 in the now famous "Bitcoin when moon?" song... so here we go!

Sorry but no, fk that Novogratz guy.

a) He was calling for $10k way back in 2013. His calls/predictions are shit.

b) He's been known to huff on Ether and other shitcoins

c) Every time the MSM trots him out for bullish video interviews, it's typically at the peak of a bull run. Expect a crash soon after.

[1715274723]

1715274723

[1715274723]

1715274723

[philipma1957]

I would like to point out. this post

Now I want to show a few reasons why I like this.

blocks

653990 https://www.blockchain.com/btc/block/00000000000000000005210c76d26372c4f24ddb5e42774ca61392dc8f0582ca.  1.50 in fees


653989 https://www.blockchain.com/btc/block/00000000000000000006b6b35de0f63a5e2e9e97d2f79d2f91e85f7274c7667f    1.54 in fees

653988 https://www.blockchain.com/btc/block/000000000000000000048f9d4c1107bfcc5e5d4221b80675c97cf2c94a71604f    1.62 in fees

653987 https://www.blockchain.com/btc/block/000000000000000000097c34c6c6c7683689109696c86e0c8edd52099f6be9c5  1.02 in fees

653986 https://www.blockchain.com/btc/block/00000000000000000001d9a790b9055b636c9bf87dc142e37903def251fe3ac9  0.797 in fees



See what is happening movement of coins  = huge fees

I did a bing search yesterday

"PayPal and BTC".   25,100,000. hits

today 36,800,000 hits




93-106 Of 37,400,000 Results Any time ------------------ actually more in under 2 minutes time to set up post!!
Bitcoin prices surge after Paypal jumps into the ...

https://www.cnn.com/2020/10/21/investing/paypal-bitcoin-cryptocurrencies/index.html
2 days ago · PayPal is launching its own cryptocurrency service, allowing people to buy, hold and sell digital currency on its site and applications.
PayPal allows Bitcoin and crypto spending - BBC News

https://www.bbc.co.uk/news/technology-54630283
2 days ago · PayPal has entered the cryptocurrency market, announcing that its customers will be able to buy and sell Bitcoin and other virtual currencies using their PayPal accounts.
PayPal Finally Welcomes Cryptocurrencies, Including ...

https://www.forbes.com/sites/roberthart/2020/10/21/paypal-finally-welcomes-crypto...
2 days ago · PayPal will support four different cryptocurrencies — bitcoin, ethereum, litecoin and bitcoin cash — together with fintech startup Paxos.
PayPal to Enable Bitcoin and Crypto Purchasing and Selling

https://cryptopotato.com/paypal-to-enable-bitcoin-and-crypto-purchasing-and-selling
2 days ago · In addition, PayPal customers will be able to spend Bitcoin to shop at over 26 million vendors already included in its network starting early 2021, Reuters reports. The company has stated that they are “working with central banks and thinking of all forms of digital currencies and PayPal can play a role.”
PayPal’s Just Introduced a Bitcoin Onramp to 346 Million ...

https://www.newsbtc.com/news/bitcoin/paypals-just-introduced-a-bitcoin-onramp-to-346...
1 day ago · There’s Nearly Twice as Many PayPal Users as BTC Users. On-chain analyst Willy Woo explained that the significance of the PayPal news cannot be understated. The platform currently has nearly double the number of users that Bitcoin has. “User base: PayPal 346m+ Bitcoin 187m+. This is a big deal,” he said while pointing to the below chart ...
Bitcoin custodian BitGo on the list as PayPal explores ...

https://seekingalpha.com/news/3625295-bitcoin-custodian-bitgo-on-list-paypal-explores...
6 hours ago · PayPal's interest comes alongside its move this week allowing its customers to purchase cryptocurrencies like Bitcoin , Ether , Litecoin , and Bitcoin Cash . PayPal is up 0.8% premarket, and ...
Bitcoin extends gains after PayPal move to accept ...

https://www.channelnewsasia.com/news/business/bitcoin-extends-gains-after-paypal-move...
2 days ago · LONDON: Bitcoin extended its gains on Wednesday after PayPal Holdings Inc said it will allow customers to buy, sell and hold cryptocurrencies. It was last up 3.2per cent at …
Litecoin paced BTC on PayPal's crypto news

https://blog.cfbenchmarks.com/btc-and-ltcs-peak-paypal-volume
1 day ago · BTC and LTC’s peak PayPal volumes A day ago, it was possible, even sensible not to read too much into eye-catching crypto price moves in the wake of major industry news. Bitcoin’s break above $12,000 after all, followed a third attempt in as many months, and as we noted, was not immediately backed by significant trading volumes.
'Bitcoin's No Longer Optional' — What Investors Say About ...
https://news.bitcoin.com/bitcoin-paypal-crypto-services
1 day ago · Paypal launching cryptocurrency services has given crypto investors much to think about. While many crypto users view the news as extremely bullish, some point out several areas of concern bitcoin ...
PayPal to Launch Crypto Buying and Selling Features - Decrypt

https://decrypt.co/45802/paypal-to-launch-crypto-buying-and-selling-features
2 days ago · At launch, PayPal will allow purchases of Bitcoin, Ethereum, Bitcoin Cash and Litecoin. Although users will be able to pay with cryptocurrencies at around 26 million merchants in early 2021, the resellers will still receive the funds in the form of fiat currencies such as the US Dollar, the company noted.
PayPal now letting users trade Bitcoin and Ethereum, paves ...

https://www.androidpolice.com/2020/10/21/paypal-now-letting-users-trade-bitcoin-and-e...
1 day ago · PayPal has partnered with New York-based Paxos Trust to broker trades. It has also obtained a Bitlicense from the New York Department of Financial Services which mandated some of the company's...
PayPal will allow users to buy, sell and shop using ...

https://www.rt.com/business/504150-paypal-bitcoin-cryptocurrencies-launch
2 days ago · PayPal has jumped into the cryptocurrency market and plans to allow its customers to buy, sell and hold bitcoin, ethereum and other virtual currencies using their online wallets. The new feature, which was announced on Wednesday, is expected to be implemented in 2021. At that stage, users will be ...
Bitcoin Retests 2020 High Following PayPal News, Will BTC ...

https://marketinsider.net/bitcoin-retests-2020-high-following-paypal-news-will-btc...
2 days ago · NewsBTC. Rumors broke earlier this year that PayPal would be changing its tune on cryptocurrencies and would soon be supporting Bitcoin and other assets. Today, however, Reuters reports that PayPal revealed it would indeed be offering cryptocurrency payments across the 26 million merchants on its network starting in early 2021.
Bitcoin surges to highest since July 2019 after PayPal ...

https://theprint.in/economy/bitcoin-surges-to-highest-since-july-2019-after-paypal...
1 day ago · PayPal customers can buy, sell and hold cryptocurrencies including Bitcoin, Ether, Bitcoin Cash and Litecoin from digital wallets, as well as use the virtual money to shop at the 26 million merchants on its network. Shares of PayPal jumped 5.5% to …


Related searches for Paypal and BTC
btc my account
pay btc bill online
bitcoin express
Some results have been removed
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 I am using bing as they give me search counts.  Which keep on getting bigger and bigger.

My big point is search hits  Are over 30 million on bing.  Which is way smaller then google

Google is over 103 million

[serveria.com]

#JEneSUISpasmindrust

Other mind rust quotes

Poor guy.

I still remember the "China bans bitcoin" crash of 2013 like it was yesterday. I was at the airport, watching the chart on my phone. It was all a nonstop sea of red straight down, and within an hour had falling well below my average buy in price. I felt sick, and certainly had many of these same thoughts.

But I hodled on. Refused to panic sell.

Same here... hedl during the China ban, 2017/18 blowoff top and 2020 Covid crash... sold 0BTC... 

[philipma1957]

#JEneSUISpasmindrust

Other mind rust quotes

Poor guy.

I still remember the "China bans bitcoin" crash of 2013 like it was yesterday. I was at the airport, watching the chart on my phone. It was all a nonstop sea of red straight down, and within an hour had falling well below my average buy in price. I felt sick, and certainly had many of these same thoughts.

But I hodled on. Refused to panic sell.

Same here... hedl during the China ban, 2017/18 blowoff top and 2020 Covid crash... sold 0BTC... 

So you sold zero btc when we were at 19,900 in dec of 2017?

[Cryptotourist]

Go BTC, go!



https://www.youtube.com/watch?v=ums8n8tTL6M

[serveria.com]

IMHO, I see BTC being a bit over or around $20k at the end of 2021.

..if the 100k in 2021 comes to pass  I'll take the fall on this post then)

Price 14 months from now will most likely be somewhere in between those two numbers. Very hard to be less then $20k and also very hard to be more then $100k, since final push usually happen in month or less. Chances to be between those two numbers is probably over 90%.

I think you underestimate BTC.... $100k+ is the lowest you should expect. My prediction is $200-400k.   

[Biodom]

A cool quote:

All you need to live a fulfilled life is health, family, friends, and being quietly wealthy enough that you can say no to anybody. Nothing more than that.

https://twitter.com/QwQiao/status/1319263576763387904

[Toxic2040]

dyor
1h


4h

[LFC_Bitcoin]

I think you underestimate BTC.... $100k+ is the lowest you should expect. My prediction is $200-400k.   

We can definitely be friends

[jojo69]

[serveria.com]

#JEneSUISpasmindrust

Other mind rust quotes

Poor guy.

I still remember the "China bans bitcoin" crash of 2013 like it was yesterday. I was at the airport, watching the chart on my phone. It was all a nonstop sea of red straight down, and within an hour had falling well below my average buy in price. I felt sick, and certainly had many of these same thoughts.

But I hodled on. Refused to panic sell.

Same here... hedl during the China ban, 2017/18 blowoff top and 2020 Covid crash... sold 0BTC... 

So you sold zero btc when we were at 19,900 in dec of 2017?

Yes, funny (or sad I dunno) but I sold nothing. And i don't regret it. I even converted all shitcoin airdrops to BTC. That's why going back to $20k is a non-event for me. If I wanted to sell at $20k I wouldn't have waited 2 years...  

[Biodom]

#JEneSUISpasmindrust

Other mind rust quotes

Poor guy.

I still remember the "China bans bitcoin" crash of 2013 like it was yesterday. I was at the airport, watching the chart on my phone. It was all a nonstop sea of red straight down, and within an hour had falling well below my average buy in price. I felt sick, and certainly had many of these same thoughts.

But I hodled on. Refused to panic sell.

Same here... hedl during the China ban, 2017/18 blowoff top and 2020 Covid crash... sold 0BTC... 

So you sold zero btc when we were at 19,900 in dec of 2017?

Yes, funny (or sad I dunno) but I sold nothing. And i don't regret it. I even converted all shitcoin airdrops to BTC. That's why going back to $20k is a non-event for me. If I wanted to sell at $20k I wouldn't have waited 2 years...  

Well, we all will be tested if it goes to 21K, then drops back to 12-13K.
The best situation is not to have much on exchange...then you cannot really panic-sell 

[explorer]

https://www.bloomberg.com/news/articles/2020-10-22/paypal-said-to-be-in-talks-to-buy-crypto-firms-including-bitgo

This is interesting.  This is likely very positive.  I do not *think* they would be doing this if they were not bought into the ecosystem philosophically.  In other words if Bitcoin is just a precursor to PalCoin that's one thing... and I do not doubt PalCoin is likely.

I think this smells. They have known about Bitcoin and other crypto companies since 2012/2013. They could have bought any number of them then for cheap, and enabled crypto payments a long time ago.

So why now?

The likely culprit is that their profits are falling, and they're looking for another way to lock in users into their payment services platform. And also to scoop 0.5% on every crypto buy/sell. It is all greed driven, that is all. Absolutely nothing altruistic about it.

   Some people call it a business.

[Torque]

The knock on effects of the PayPal announcement interest me more tho

https://twitter.com/chamath/status/1319043760831909894

[cAPSLOCK]

The knock on effects of the PayPal announcement interest me more tho

https://twitter.com/chamath/status/1319043760831909894

Bingo.

Strap the fuck in.

[explorer]

The knock on effects of the PayPal announcement interest me more tho

https://twitter.com/chamath/status/1319043760831909894

True.  Love it or hate it, everyone must take notice.

[Searing]

while i dont see 100k in 2021.

right now today if we matched 2017 we need to be at 78k.

this is base on mining profit.

so I think we could get to 78k by nov 2021.

for me i need 26-30k to be doing well with my mining farm.

IMHO, I see BTC being a bit over or around $20k at the end of 2021. (I can't believe I'm saying only, when I got into BTC Sept 18th, 2013 it was $150).

Anyway, my reasoning is as follows (1) blowback and FUD from the powerful/banker/and vested interests that will try to distract and such on BTC/Crypto...there

is always a 'backlash' in that area (2) Times are tough and they may get worse..thus some will 'reasonably' take some money out of the long term HODL

wallets for real-life issues, again, IMHO. Also, quite frankly if you are a 'huge' whale even taking 5% off your hoard at $20k would be tempting...not a big

deal if you just did so, but if everyone else thinks the same due to the sucky economic times I expect in 2021 it all adds up.

(3) Human nature for the long term HODL'ers to take some profits....and I think $20k for a long term Hodl'er with more BTC than myself will be 'convinced'

to sell some in the coming recession and bad economic times...especially as a hedge, and if he is older than say 55 years old, or so. Again, the economy gets sketchy

what else can you move 24/7 ..as a hedge against, what I expect is a 'sucky' year on the whole economically for the world, in 2021.

(now, am I gonna get beat up on WO for this post!) Anyway, if I am right on my prediction of dismalness...that is not so bad ..if the 100k in 2021 comes to pass

I'll take the fall on this post then)

Sketchy...what else can you sell/move but BTC/Crypto 24/7 on a whim of you against the world/universe if 2021 sucks as bad as I suspect.

Brad

This reasoning reminds me of our old friend mindrust... 

Hey, I may be an old, slow, bull...but I'm still walking up the hill for BTC price....if I don't catch up and you feel the need to blow past $50k DON'T WAIT FOR ME!

[Searing]

That is my point! I'm having 'issues' with seeing $20k BTC as Bearish! (come, on....my first BTC was made at $150 on Sept 18th, 2013 for crying out loud on

a KNC Jupiter Machine..that I had to email tech support as it had no frigging ON switch...for $5,313.80 usd for crying out loud...they had me use a cut off paper clip with

black elec tape at one end to JUMP the Corsair 1200 PSU for crying out loud! So I closed my eyes, and 'wet myself' a litle bit and bingo it worked But 'really'? $20k is

bearish in 2021? When the low as what? $3,400 usd in 2017? ...sheesh...

(on second thought, assuming you are right the 'worst' that can happen is $20k....er nerver mind you are correct...I'll just amble off now)

stop shitting on knc. they DID deliver. you think it would have been better to participate in any other pre-sale of that time, like cointerra? hashfast? and god forbid butterflylabs? the bitcoin you own you mined with knc. everyone and their grandmother was shitting on knc from the getgo.  I wanted to invest in mining in 2013 and thought a Swedish company (knc) would probably be the least likely to scam their customers. because of ethics. took the effort and took a flight to Stockholm to visit their headquarters. was able to get into first batch of first knc gear. (the invoice I got from knc had the # 00001) big thanx to their CEO Sam Cole.

folks who had invested in any of the competition got screwed royally.

here is a link to a medium post by Sam Cole.

https://medium.com/hackernoon/asicboost-655a73d48ae4

KNC IN THE ABOVE is just dandy...but it was me! I was freaked out that i paid that $$$ to KNC as a 'newbie' and they had no frigging SWITCH on the machine...
it gave me pause indeed! I mean...a frigging newbie...the unit arrived full of water...and box in tatters/soggy...(not knc's fault) it was a rough day for my
newbie self...looking for the damn switch!

[JL0]

Newest Update from Pentarhudi aka Masterluc



"Bitcoin approaches short term strong resistance: upper trend line and upper BB border. I completely not sure it can beat them both from 1st try on weekly candle."

[Searing]

That is my point! I'm having 'issues' with seeing $20k BTC as Bearish! (come, on....my first BTC was made at $150 on Sept 18th, 2013 for crying out loud on

a KNC Jupiter Machine..that I had to email tech support as it had no frigging ON switch...for $5,313.80 usd for crying out loud...they had me use a cut off paper clip with

black elec tape at one end to JUMP the Corsair 1200 PSU for crying out loud! So I closed my eyes, and 'wet myself' a litle bit and bingo it worked But 'really'? $20k is

bearish in 2021? When the low as what? $3,400 usd in 2017? ...sheesh...

(on second thought, assuming you are right the 'worst' that can happen is $20k....er nerver mind you are correct...I'll just amble off now)

stop shitting on knc. they DID deliver. you think it would have been better to participate in any other pre-sale of that time, like cointerra? hashfast? and god forbid butterflylabs? the bitcoin you own you mined with knc. everyone and their grandmother was shitting on knc from the getgo.  I wanted to invest in mining in 2013 and thought a Swedish company (knc) would probably be the least likely to scam their customers. because of ethics. took the effort and took a flight to Stockholm to visit their headquarters. was able to get into first batch of first knc gear. (the invoice I got from knc had the # 00001) big thanx to their CEO Sam Cole.

folks who had invested in any of the competition got screwed royally.

here is a link to a medium post by Sam Cole.

https://medium.com/hackernoon/asicboost-655a73d48ae4

let's all remember our deeply sincere friend Josh from Butterfly Labs.  

Yep, got 'banned' from BFL Chat Forum blamo/guick ..stating that how did we know that BFL was not just 'strining us along' with their promises...then a mess of folk

defended me and were banned...I cancelled a 2nd 8k order from BFL on the last day of Paypal and got a KNC miner (with line drawings on the www page..sigh..

I was such a clueless newbie)....I also did (by chance) get re-imbursed my other orders from BFL a week before the SEC shut BFL down...indeed they must have gotten

wind of such SEC actions because that only lasted about a week before...but that was just luck..I was not screwed and about 1 year after I wrote the works off.

BFL what a bunch of assholes ..the SEC bankrupted BFL the company and I think it was only a $30k fine 'split' between 3 people..so they got to keep all that

BTC they mined by not shipping miners..quite the sucessful scam back in the day. Josh .sheesh..what a 'tool'