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

[cAPSLOCK]

Dang... I just bought the pump!  Is that crazy or what?

I am genius!  Woot!

Lol.

Are we back to that sort of time where we all get to think we are the special anointed super-investors who can make no mistakes?

I hope it lasts for a couple years is what I hope.

[gembitz]

Sheeeeeeeeit
O M fucking G

the run has begun 50k possible :-D weeee

[cAPSLOCK]

This is a picture of both a chart, and my trousers, somehow.

[gembitz]

I guess I should buy some

when starbuck$$$???  gogogoggg

[gembitz]

This is a picture of both a chart, and my trousers, somehow.

selling all my shitcoins ===> hodling real bitcorn :-D kabooom//^20k fake wallzzz

[eddie13]

Somehow we suckered PayPal into adopting what will distroy PayPal??
Cool  

Nice ayh! Woot!

[philipma1957]

So here goes.

[cAPSLOCK]

Has anyone thought about the fact that there will probably be no network fees when you buy something with bitcoin using PayPal?

Bueller?

[stoat]

Nice pump. would be a shame if something happened to it.

[bitebits]

Has anyone thought about the fact that there will probably be no network fees when you buy something with bitcoin using PayPal?

Bueller?

As in PayPal is acting as a second layer on top of Bitcoin? Guess that Hal Finney was right, slowly but surely moving to bitcoin banks:

Post from Finney, handsomely merited by ... yourself
https://asktom.cf/index.php?topic=2500.msg34211#msg34211

(and 10 merits by Mindrust, reality is better than fiction)

[gentlemand]

Has anyone thought about the fact that there will probably be no network fees when you buy something with bitcoin using PayPal?

Bueller?

Yup. Fees will be higher. So far everything points to your having to buy your 'Bitcoin' inside Paypal first, which has another fee on top. They don't want anything to do with your own actual Bitcoin. Far too messy.

This reminds me of a pet shitcoin that doubled in price on the basis of a sliver of news that was totally misinterpreted. When everyone figured out a few hours later they'd been duped straight down it went again.

[smracer]

Where is the crypto section on Paypal?  I can't find it.  I am logged into my business account.  Does that matter?  I am in USA.

[philipma1957]

Where is the crypto section on Paypal?  I can't find it.  I am logged into my business account.  Does that matter?  I am in USA.

I was linked via my email. I am usa based.

My purchase and my new look account page

[aesma]

[julian071]

My daughter just suggested having the 100k-party literally on the moon. I explained that would be to expensive, but maybe my old brain is just not thinking big enough....

[aesma]

About Paypal, I used to use it as an eBay seller. However the fact people could claim that they didn't receive what I sold and get the money back was really annoying. It would suck if you would sell BTC to someone and then PayPal takes your money back, but you can't get the BTC back...

[rolling]

Has anyone thought about the fact that there will probably be no network fees when you buy something with bitcoin using PayPal?

Bueller?

Well, based on the screenshots from philipma1957, "Cryptocurrencies cannot be used to send money or pay for services on PayPal." So I am guessing, no network fees.

[cAPSLOCK]

Has anyone thought about the fact that there will probably be no network fees when you buy something with bitcoin using PayPal?

Bueller?

Yup. Fees will be higher. So far everything points to your having to buy your 'Bitcoin' inside Paypal first, which has another fee on top. They don't want anything to do with your own actual Bitcoin. Far too messy.

This reminds me of a pet shitcoin that doubled in price on the basis of a sliver of news that was totally misinterpreted. When everyone figured out a few hours later they'd been duped straight down it went again.

I think I disagree.

Reason being, PayPal cannot take the risk of letting you hold a synthetic version of something for which they do not have a real one of.

What happens when 1000 people buy .1 btc today, and try to "cash out" in a year after a 10x.

Another way to put it... I do believe we will see some player in the fintech space be absolutely brought to their knees because they decided to get too fancy with fractional reserve and rehypothecation. That's gonna suck... and I am almost sure it happens.

This does not happen with gold because even though gold is a bearer asset, it is being "born" by world government primarily so the risk is muted.  But not only can people SPEND bitcoin, they can also "withdraw" it.  And even if they can't withdraw to self custody, they WILL be able to sell for fiat and withdraw.

The first folks to die on that hill will set the bar.

[philipma1957]

Has anyone thought about the fact that there will probably be no network fees when you buy something with bitcoin using PayPal?

Bueller?

Well, based on the screenshots from philipma1957, "Cryptocurrencies cannot be used to send money or pay for services on PayPal." So I am guessing, no network fees.

I did a screen shot every step of the way.

me like this one.




new balance page is nice.

[stoat]

so paypal is holding your coins?

how do you withdraw to your own wallet?