Author

Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 6910. (Read 26712318 times)

legendary
Activity: 2242
Merit: 3523
Flippin' burgers since 1163.
hero member
Activity: 1988
Merit: 593
legendary
Activity: 2338
Merit: 2106
*sigh*

Don't use PayPal.  Hate them.  Boycott them.  Whatever.  You  can use Bitcoin and have nothing to do with them.

But to expect them to be anything other than what they are is foolish.  Trusted third parties are security holes etc.  I personally barely use PayPal.  I have an account because of eBay.  

But if you think we live in a world where they are just going to blow away like a dry leaf because they see that Bitcoin is the future of peer to peer finance... well I have a bridge to sell you.

And like it or not Bitcoin does not scale on the base layer and stay a distributed consensus.  So if you want to see trustless scaling then maybe you should start working on lnd.  And if you don't like lnd then maybe invent another trustless layer 2.  Grumping about PatPal is not adding anything.  And until there is something better for the masses to use they will use what is available.

sooner or later some payment settlement company would of done it. so it was palpal this time. ive heard the horror stories. but personally ive had zero problems with paypal in like a decade with them. hate me if you want but ill buy some paper corn from paypal. just like i did from robinhood. small amounts of course but gotta try it.

realistically though, how would you have preferred this to go down. as you pointed out, corn doesnt scale. layer two is still a mess. and clearinghouses seem the natural answer. a trustless clearinghouse, if such a thing can exist.

I have used paypal for 17 years. I had a decent ebay business. I would purchase new apple mac minis

and mod them to be sold on ebay. I estimate I did over 1000 sales using ebay and paypal.

No major issues.



 So I have been here since 2012

coins were under 10 bucks.

I have read we have to have adoption to mainstream.

Well here is the first true mainstream player in on btc lets get more major players....maybe we see 100k


Have not we have had a world wide market reset due to covid-19?

So why not a world wide adaptation of btc by the major players.

Now is the time for them to do it as it is still cheap.

 240billion is not that much to  wrap into the payment /investment market.



I am an old school computer geek I go back to univac  and  ibm mainframe gear.

I go back so far that I used slide rules.

my point is not on the transformation of mainframe to pc to cell phone.

but on the inability to see what is coming or what is worth while.

what the public wants.

I thought the ipad was a waste and would never work.

and right now I am laying on my bed typing on an ipad mini while watching the world series.

So the ipad did well for itself.

I see the paypal move as adding ipads into the mix of pcs.
 a very convenient tool for blogging and a lot more.

will merit this as soon as possible  Smiley
legendary
Activity: 3388
Merit: 4775
diamond-handed zealot
legendary
Activity: 3990
Merit: 4597
Got a bs job (my was not, but currently being slowly encroached by too many factors to mention)?
https://www.strike.coop/bullshit-jobs/
referenced from
https://www.bloomberg.com/opinion/articles/2018-08-01/too-many-jobs-feel-meaningless-because-they-are

btc to the rescue  Grin

10K hodlers rescued already

100-250K at $100-150K btc

1mil at $500K

2mil at $1mil

6-7mil at $5mil

unlikely more than that, the rest would not be bs job rescued.
Numbers from:
https://medium.com/@BambouClub/are-you-in-the-bitcoin-1-a-new-model-of-the-distribution-of-bitcoin-wealth-6adb0d4a6a95
legendary
Activity: 1834
Merit: 4197
I dont ever like to name names..

I am thinking about blaming judgement cat for today however.


#dyor


1h


Dragon roars at the Moon
4h

#stronghands
legendary
Activity: 3990
Merit: 4597
I would not be surprised if we either lose or gain another thou on/by Monday.
I just want the darned election to be finally over. Oversaturated.
legendary
Activity: 3388
Merit: 4775
diamond-handed zealot
legendary
Activity: 1834
Merit: 4197
hero member
Activity: 845
Merit: 609
Meanwhile, the corn is popping!  13320

yum yum yum. 13.3 never felt better. Get out the popcorn
legendary
Activity: 2016
Merit: 1259
Meanwhile, the corn is popping!  13320
legendary
Activity: 2016
Merit: 1259
*sigh*

Don't use PayPal.  Hate them.  Boycott them.  Whatever.  You  can use Bitcoin and have nothing to do with them.

But to expect them to be anything other than what they are is foolish.  Trusted third parties are security holes etc.  I personally barely use PayPal.  I have an account because of eBay.  

But if you think we live in a world where they are just going to blow away like a dry leaf because they see that Bitcoin is the future of peer to peer finance... well I have a bridge to sell you.

And like it or not Bitcoin does not scale on the base layer and stay a distributed consensus.  So if you want to see trustless scaling then maybe you should start working on lnd.  And if you don't like lnd then maybe invent another trustless layer 2.  Grumping about PatPal is not adding anything.  And until there is something better for the masses to use they will use what is available.

sooner or later some payment settlement company would of done it. so it was palpal this time. ive heard the horror stories. but personally ive had zero problems with paypal in like a decade with them. hate me if you want but ill buy some paper corn from paypal. just like i did from robinhood. small amounts of course but gotta try it.

realistically though, how would you have preferred this to go down. as you pointed out, corn doesnt scale. layer two is still a mess. and clearinghouses seem the natural answer. a trustless clearinghouse, if such a thing can exist.

I have used paypal for 17 years. I had a decent ebay business. I would purchase new apple mac minis

and mod them to be sold on ebay. I estimate I did over 1000 sales using ebay and paypal.

No major issues.



 So I have been here since 2012

coins were under 10 bucks.

I have read we have to have adoption to mainstream.

Well here is the first true mainstream player in on btc lets get more major players....maybe we see 100k


Have not we have had a world wide market reset due to covid-19?

So why not a world wide adaptation of btc by the major players.

Now is the time for them to do it as it is still cheap.

 240billion is not that much to  wrap into the payment /investment market.



  I am not alone in expecting BTC to attach a couple more zeroes in the next 5 years (say 10 for the skeptical).  This can't happen one cornhodler at a time.  There needs to be an easier onramp.  There needs to be many more onramps, with larger audiences.  This is a pretty good starting point.  I'm betting that they are working toward full integration.  With fees.  Big ones.  But that will inspire the competition that in turn brings fees into line.  PP's operation is of no interest to me, and I'd advise anyone I know against it, but I am positive that they will have millions more people talking about bitcoin and taking part even if in a thrice removed derivative for now.  Its a big deal.  The table is tilted, and the balls are rolling, regardless of what tipped the table.
legendary
Activity: 4354
Merit: 9201
'The right to privacy matters'
*sigh*

Don't use PayPal.  Hate them.  Boycott them.  Whatever.  You  can use Bitcoin and have nothing to do with them.

But to expect them to be anything other than what they are is foolish.  Trusted third parties are security holes etc.  I personally barely use PayPal.  I have an account because of eBay.  

But if you think we live in a world where they are just going to blow away like a dry leaf because they see that Bitcoin is the future of peer to peer finance... well I have a bridge to sell you.

And like it or not Bitcoin does not scale on the base layer and stay a distributed consensus.  So if you want to see trustless scaling then maybe you should start working on lnd.  And if you don't like lnd then maybe invent another trustless layer 2.  Grumping about PatPal is not adding anything.  And until there is something better for the masses to use they will use what is available.

sooner or later some payment settlement company would of done it. so it was palpal this time. ive heard the horror stories. but personally ive had zero problems with paypal in like a decade with them. hate me if you want but ill buy some paper corn from paypal. just like i did from robinhood. small amounts of course but gotta try it.

realistically though, how would you have preferred this to go down. as you pointed out, corn doesnt scale. layer two is still a mess. and clearinghouses seem the natural answer. a trustless clearinghouse, if such a thing can exist.

I have used paypal for 17 years. I had a decent ebay business. I would purchase new apple mac minis

and mod them to be sold on ebay. I estimate I did over 1000 sales using ebay and paypal.

No major issues.



 So I have been here since 2012

coins were under 10 bucks.

I have read we have to have adoption to mainstream.

Well here is the first true mainstream player in on btc lets get more major players....maybe we see 100k


Have not we have had a world wide market reset due to covid-19?

So why not a world wide adaptation of btc by the major players.

Now is the time for them to do it as it is still cheap.

 240billion is not that much to  wrap into the payment /investment market.



I am an old school computer geek I go back to univac  and  ibm mainframe gear.

I go back so far that I used slide rules.

my point is not on the transformation of mainframe to pc to cell phone.

but on the inability to see what is coming or what is worth while.

what the public wants.

I thought the ipad was a waste and would never work.

and right now I am laying on my bed typing on an ipad mini while watching the world series.

So the ipad did well for itself.

I see the paypal move as adding ipads into the mix of pcs.
 a very convenient tool for blogging and a lot more.
legendary
Activity: 4354
Merit: 3614
what is this "brake pedal" you speak of?
observing a 250btc sell wall on stamp

it is now a 300 btc wall. sitting right at 13145.

Still there.

Now we have a 600BTC buy wall at $13131

Edit: And bid wall is pulled

i expect to see posts about the $14,000 USD wall being destroyed tomorrow when i read this thread during morning coffee.
legendary
Activity: 2833
Merit: 1851
In order to dump coins one must have coins
observing a 250btc sell wall on stamp


it is now a 300 btc wall. sitting right at 13145.

Still there.

Now we have a 600BTC buy wall at $13131

Edit: And bid wall is pulled
legendary
Activity: 4354
Merit: 3614
what is this "brake pedal" you speak of?
*sigh*

Don't use PayPal.  Hate them.  Boycott them.  Whatever.  You  can use Bitcoin and have nothing to do with them.

But to expect them to be anything other than what they are is foolish.  Trusted third parties are security holes etc.  I personally barely use PayPal.  I have an account because of eBay. 

But if you think we live in a world where they are just going to blow away like a dry leaf because they see that Bitcoin is the future of peer to peer finance... well I have a bridge to sell you.

And like it or not Bitcoin does not scale on the base layer and stay a distributed consensus.  So if you want to see trustless scaling then maybe you should start working on lnd.  And if you don't like lnd then maybe invent another trustless layer 2.  Grumping about PatPal is not adding anything.  And until there is something better for the masses to use they will use what is available.

sooner or later some payment settlement company would of done it. so it was palpal this time. ive heard the horror stories. but personally ive had zero problems with paypal in like a decade with them. hate me if you want but ill buy some paper corn from paypal. just like i did from robinhood. small amounts of course but gotta try it.

realistically though, how would you have preferred this to go down. as you pointed out, corn doesnt scale. layer two is still a mess. and clearinghouses seem the natural answer. a trustless clearinghouse, if such a thing can exist.
legendary
Activity: 3388
Merit: 4775
diamond-handed zealot
legendary
Activity: 2833
Merit: 1851
In order to dump coins one must have coins
https://twitter.com/disclosetv/status/1319999890504691712?s=20
Quote
BREAKING - PayPal terminates account of Internet hosting company "Epik"  - the web host of the Proud Boys, Gab & Bitchute, and many more.

.... it's like someone should invent a censorship-resistant currency so we don't have to use fucktard services like PayPal!

... oh the irony when PP starts confiscating ppBTC shittokens from polically-incorrect account holders who think they have bitcoin

*sigh*

Don't use PayPal.  Hate them.  Boycott them.  Whatever.  You  can use Bitcoin and have nothing to do with them.

But to expect them to be anything other than what they are is foolish.  Trusted third parties are security holes etc.  I personally barely use PayPal.  I have an account because of eBay. 

But if you think we live in a world where they are just going to blow away like a dry leaf because they see that Bitcoin is the future of peer to peer finance... well I have a bridge to sell you.

And like it or not Bitcoin does not scale on the base layer and stay a distributed consensus.  So if you want to see trustless scaling then maybe you should start working on lnd.  And if you don't like lnd then maybe invent another trustless layer 2.  Grumping about PatPal is not adding anything.  And until there is something better for the masses to use they will use what is available.

I work with some very smart people in the arcane rarified circles of IT I inhabit.  Most of them would not see why you would just not use Venmo.  Why are you going to run some server on a Raspberry Pi and be your own node so you can make trustlss payments to ... well to who?  To Bitfinex?

This stuff has a long way to go to mature to the point that it has a raindrops chance in hell of beating PayPal.

And believe it or not what we are seeing is a stone on that pathway.  Shun it all you want, but it is actually taking you where you want to go.

Well lets see what their options were:

-actively fight BTC, lobby governments against it, run ads attacking BTC as terrorist money
-creating their own, or push Facebook/gov shitcoin
-actively support shitcoin (like BSv lol) to purposely split/damage "cryptocurrency" environment
-ignore it (as all other companies do)
-integrate paper BTC into their platform
-tell everyone just to use bitcoin and close their company

am i missing any? Honestly I expected them to stay silent, and was pleasantly surprised to see them endorse BTC by integrating paper/derivative form. What's next Visa start pushing BTC (even paper)
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