AlcoHoDL
Legendary
Online
Activity: 2506
Merit: 4607
Addicted to HoDLing!
|
^^^ I think anything to do with big players adopting Bitcoin is good news and will help it in the long run.
Even Silk Road was good for Bitcoin, but I don't sell (or even do) drugs, and not endorsing it of course.
We don't need to love PayPal (I don't—I just use it rarely for eBay purchases), but I welcome the recent news. When a tool, method, idea, whatever, is really good, everyone will use it for both good and evil. That's how it is and has always been. Can't change it. Can't blame the nuclear physics pioneers for the atomic bomb. Blame the political leaders. As abominable and evil as it may be, the atomic bomb strengthened and proved the validity of their theories.
All is good. Marching on.
HoDL.
|
|
|
|
greenslope
Jr. Member
Offline
Activity: 90
Merit: 6
|
|
October 24, 2020, 08:42:59 AM |
|
Github just deleted the youtube-dl project : At 18 October 2020: - issues: 3283 open, 18402 closed - pull requests: 750 open, 3293 closed - 17771 commits, 1077 releases, 765 contributors 765 contributors just got their hard work pissed on by a bunch of parasites. When will they strike on the github of bitcoin and others cryptos too? What will the price impacts be? What will the opportunities be? Finally moving to a p2p github to defeat them once and for all and strike back? or ignore and obey? find moar : https://bitcointalk.org/index.php?topic=5284118.0
|
|
|
|
|
|
Last of the V8s
Legendary
Offline
Activity: 1652
Merit: 4392
Be a bank
|
|
October 24, 2020, 09:03:51 AM |
|
|
|
|
|
600watt
Legendary
Offline
Activity: 2338
Merit: 2106
|
|
October 24, 2020, 10:29:24 AM |
|
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-655a73d48ae4KNC 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! i was very much tempted to let those knc rigs being sent over to my address back then. since I was a much bigger noob than you I decided to let knc do the mining for me. no shipment delay and they had to work with their own products. but it had its downsides also. cool times.... nice that you are still around to tell the stories. hope I didn't come across rude. if so: sry
|
|
|
|
600watt
Legendary
Offline
Activity: 2338
Merit: 2106
|
|
October 24, 2020, 10:54:37 AM |
|
just imagine just 10% of the 345 million PayPal users decided to buy a bitcoin. oops...
|
|
|
|
Cryptotourist
|
|
October 24, 2020, 11:31:47 AM |
|
just imagine just 10% of the 345 million PayPal users decided to buy a bitcoin. oops... Nothing much will happen to BTC imo, whereas paypal's revenue might go off the roof. For the time being, paypal acts as a distraction - misleading it's user database away from the real king. I suppose any publicity is good publicity though. Until those paypal investors get royally fucked or something, and watch their so called BTC investment transform into paypalcoin shit. When/if that happens, paypalcoin will probably outperform BTC too - for one freaking second - like a true shitcoin does. I really don't like these paypal news, and I hope that I'm wrong.
|
|
|
|
philipma1957
Legendary
Offline
Activity: 4256
Merit: 8587
'The right to privacy matters'
|
|
October 24, 2020, 12:29:55 PM Last edit: October 24, 2020, 12:41:51 PM by philipma1957 |
|
just imagine just 10% of the 345 million PayPal users decided to buy a bitcoin. oops... Nothing much will happen to BTC imo, whereas paypal's revenue might go off the roof. For the time being, paypal acts as a distraction - misleading it's user database away from the real king. I suppose any publicity is good publicity though. Until those paypal investors get royally fucked or something, and watch their so called BTC investment transform into paypalcoin shit. When/if that happens, paypalcoin will probably outperform BTC too - for one freaking second - like a true shitcoin does. I really don't like these paypal news, and I hope that I'm wrong. 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 what happens if Citibank does this it lets you have a debit card for btc and you can put btc in it with your Citibank checking or cc So when you look at your Citibank statement it has checking account savings account cc account btc account Don't think it can't happen and then Wells Fargo follows it and 3 or four other banks follow it. You are looking at the banking blueprint of the future. And it is neatly rolled into the world bank system. This is what they are looking to do.
|
|
|
|
Cryptotourist
|
|
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.
|
|
|
|
Cryptotourist
|
You are looking at the banking blueprint of the future.
Sure I am. BTC without the need for banks though. 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.
|
|
|
|
PoolMinor
Legendary
Offline
Activity: 1843
Merit: 1338
XXXVII Fnord is toast without bread
|
|
October 24, 2020, 01:12:30 PM |
|
It's hope that brings wealth and uncertainty brings pain Bitcoin brings them both
#WOHaiku
|
|
|
|
xhomerx10
Legendary
Offline
Activity: 3976
Merit: 8638
|
|
October 24, 2020, 01:39:02 PM |
|
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.
|
|
|
|
philipma1957
Legendary
Offline
Activity: 4256
Merit: 8587
'The right to privacy matters'
|
|
October 24, 2020, 01:47:33 PM |
|
Nice hat.
|
|
|
|
philipma1957
Legendary
Offline
Activity: 4256
Merit: 8587
'The right to privacy matters'
|
|
October 24, 2020, 01:51:22 PM |
|
You are looking at the banking blueprint of the future.
Sure I am. BTC without the need for banks though. 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. 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.
|
|
|
|
greenslope
Jr. Member
Offline
Activity: 90
Merit: 6
|
|
October 24, 2020, 02:44:45 PM |
|
just imagine just 10% of the 345 million PayPal users decided to buy a bitcoin. oops... I guess some missed the point . 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"?
|
|
|
|
ivomm
Legendary
Offline
Activity: 1884
Merit: 3074
All good things to those who wait
|
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 . 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.
|
|
|
|
philipma1957
Legendary
Offline
Activity: 4256
Merit: 8587
'The right to privacy matters'
|
|
October 24, 2020, 03:21:42 PM |
|
just imagine just 10% of the 345 million PayPal users decided to buy a bitcoin. oops... I guess some missed the point . 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.
|
|
|
|
Karartma1
Legendary
Offline
Activity: 2310
Merit: 1422
|
|
October 24, 2020, 03:36:07 PM |
|
And it's moving again. Carolina doesn't sleep
|
|
|
|
PoolMinor
Legendary
Offline
Activity: 1843
Merit: 1338
XXXVII Fnord is toast without bread
|
|
October 24, 2020, 03:42:03 PM |
|
|
|
|
|
|