Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 6925. (Read 26711559 times)

The terms did say they will allow you to purchase with no fee until december 31st.
They can charge you whatever they like for their crypto cause you know they won't be going by bitstamp or any other market prices.

Quite right Kurious.
Best to hold off all the excitement until more context is actually released and the honeymoon period has been faded from all the fomo'ers.

Disclaimer:
given this was a CoinDesk story I have no idea of how much 10% of their treasury is worth, might be £10 for all I know.  They might just be off to put the contents of the petty cash tin into Paypal

crypto at paypal?
they want me to buy from them?
no, i will resist.

#$13kHaiku

That should get some things going, though. Curious about what the Trumpsters will do about it...
But paypal, c'mon! I don't think they would set sails in uncleared waters.

Just my uhm, opinion, man 

Yeah, they followed suit with what Microstrategy and Square just did earlier this year:
https://www.coindesk.com/uk-listed-firm-mode-putting-10-of-cash-reserves-into-bitcoin


Quite right,
Something is a foot...
Who is the chick? She looks familiar but can't put a name to the face.

Yeah, never go full mindtrust as someone has said before.
Is that saying copyrighted yet?

they all have the damn right to fomo!

Another corporation is doing the 'treasury' thing
https://twitter.com/adam3us/status/1318873763073708040

Mode Global Holdings PLC, a U.K-listed company, has announced it will place 10% of its cash reserves into bitcoin as part of its treasury investment strategy.

Serve me b*tches and b00ze.....

Also remember Altavista was owned by Digital Equipment Corporation, at the time the largest computer company around. DEC got big because they sold "minicomputers" in the 1960's that ate the eggs of the mainframe manufacturers (IBM, Speery, Honeywell, etc). Then in the 1980's they explicitly buried their own forays into the personal computer marketplace because it would undercut their minicomputer sales and profits.

That worked out.... poorly.... for them and they were dead in a decade.

So when you think a company is big, mighty, eternal, google-y check your premises. You might find one of them is wrong.

Sure, but the point is when the dinosaurs get to a certain size, the little mammals start coming in and stealing their eggs. Remember that Google also built its brand on the words "Don't be Evil", and that meant something for quite a while.

Sears, AT&T, GM, Exxon, etc. Few things last forever and when the barrier to entry is low like the Internet, things can change in a flash.

One problem there, many of us is too old to pass the medical I'm afraid.

Bitcoin will bubble up all the way to $1m per pop in 10 years, it will be legendary.



https://twitter.com/woonomic/status/1318953350906310657

Back on track then. Overshot the $12K target with ease



CME chart looks great 



Hope you already bought the dip!

Thanks alot for this!

I'm checking it out now.

I waited to see $12800 for so long!!! Hard to believe we finally here!

Now if only we could hold it above that level for a while...

We visited 'above $12800' land in the summer 2019, but only for a few short hours...

TRAIN TIME!!!!!!!!!!!!!!!!!!!!!!!!

again, out of merit. can't agree more. one of the run-ups will be "the one". where it does not get dumped back 80%. I don't think it will happen this time around. maybe next time. but just in case I am wrong I will not sell majority of stash whatsoever. majority will stay in bitcoin forever.

regarding the fees it will get more crowded again. probably a good thing that all PayPal users are not playing around with their $20 worth of btc on the main chain.

Or what if they used some kind of thunder bolt fast channels between their walled gardens, that would allow KYCed users to transfer their "BTC" between the approved platforms. Step 2?

do you know why bagpipper players are always marching?

because they are trying to get away from the sound.     

I am gonna risk looking like a jackass... but you know.  No pride etc.

So many models show us kinda leveling out.  Losing volatility, not gaining quite as much as the first 3 times.  Follow the pattern.  Each candle gets a little smaller.   And it makes sense right?  I mean to go from $1 to 1000 takes less than a grand.  1000 to 20000 takes 19 grand.  Etc.  a LOOOOOT of money has to come in to get a cnadle like the first one this time.  Eventually it starts settling down.  Many long term analysts take this basic position.

However.

We have barely seen any adoption.  I think those first few waves?  Maybe more like tremors. (Hmm mixed metaphors)  The big one is still yet to come.  I think it is possible we see a candle at some point that is bigger than the first three.  Or at least breaks the pattern.  The upward part of the "S curve".  We might be about to see it now. when giant corps and nations start getting in. Retail won't really be able to even keep up.  And then after the surprise of surprises, we can see the descending volatility log curve top of the s curve sort of resume.

My biggest fear is it breaks bitcoin.  We are about to get the mamma of all throughput tests.  And we are liable to see BCH and ETH centralize and break.  I actually think LTC has more chance of staying somewhat decentralized than the others.

The right choices were made for BTC.  But we will need to start making the world understand why fees are not the point.  Because I predict they are about to get pretty damn big.