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1441  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 26, 2020, 02:10:51 PM
Meantime I wonder what the odds are that Trump will order the SS fund to put trillions into the stock market to prop it up.

(Oh wait, there is no surplus, just a box of IOUs. )
1442  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 26, 2020, 01:34:25 PM
With any hint of a lock down, as per a recent post by one of our Italian brothers showing a stripped supermarket - it's probably a good idea to have a decent stock of basic non-perishable food and basics like toilet rolls, first aid etc. - just so you don't have to actually go out to hunt down basics.  You can always use it up later, or give it to a food bank someday.

This. You don't need to have *that* much to ride out a short term screwup, I just went out and picked up a few hundred worth of extra groceries. Mostly the extra was canned goods, pasta, staples, rice, potatoes, and the like. If things don't go bad in a month I can just eat the excess over time, if things go crazy for a few weeks I'll lose some weight and be fine as well.

The goal is to have enough that you don't need to panic without tying down all your coin in one place. In most modern disasters helicopters will be dropping bags of money within a week or so, thus the goal is to not make rash moves before then.

Also remember redundancy can be expensive: When the power goes out you don't need to have a generator big enough to run your house for a month. What you need is enough power for the fridge, a lamp (really nice when it gets dark), the fans for your wood stove (in winter), cell phone charging (surprisingly little), a weber grill, and a coffee machine (because waiting in line for coffee sucks). I've done this for a week, it's really not that big of a deal and having cold beer, a light at night, and coffee in the morning goes a long way towards feeling civilized and appropriately smug at those without.

So.... Keep things in perspective. Try not to be part of the mass migration herd, either be the first one out (tricky to time) or wait a week till things settle down.
1443  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 25, 2020, 10:10:44 PM
- They want you to start panic buying rice and beans now.


1444  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 25, 2020, 08:36:11 PM
The stock market is MELTING!!!!!

Time to seal the bunkers, fire all the employees, and start evaluating neighbors for their caloric content.

Wait, Bitcoin is melting too. We're caught in the perfect storm of people believing that our Dear Leader is full of shit and our Congressional Medal of Freedom Winner saying "all is well". Man this is fun (breaks out popcorn)
1445  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 25, 2020, 02:26:00 PM
Well, Rush is now saying that Corona is just the common cold, so bearish for Bitcoin.

Hm.

Rush?
Dingbat. However he did get the Presidential medal of Freedom, so one should listen to his words.

Hell I don't have a Presidential Medal of Freedom.
1446  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 25, 2020, 02:06:16 PM
Well, Rush is now saying that Corona is just the common cold, so bearish for Bitcoin.

Hm.
1447  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 25, 2020, 01:11:10 PM

I never heard the "Ensign Crusher, prepare to make it so".... That's just... english.
1448  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 24, 2020, 03:20:47 PM
Personally, when they complain that "I don't trust them" or "I don't love them enough", or whatever, I say "it's because I love you dearly that I don't share it with you". It's a bit difficult for them to understand, but eventually they get it (girlfriends are the most difficult).

Oh yeah: Explain to them that they could be tortured if they knew your key.

Of course they may be tortured anyway, and if the torturer doesn't believe them then it's going to be a very long night. Maybe give them access to a small portion of the stash, but large enough to remove the torture.
1449  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 24, 2020, 03:18:48 PM
Elwar: Cool. I thought you might be sunk since your Trezor was acting up (turned out to be a non-data USB cable). Glad you had backups.
1450  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 21, 2020, 10:50:51 PM
Haha! I love those old pulp covers.

I know. But it takes a special kind of girl to chug a 5 gallon bottle of wine single-handed.

You marry that.
1451  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 21, 2020, 10:03:05 PM
It's the weekend, Bitcoin is under 10k, I'm going to start drinking with my gal....

1452  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 21, 2020, 04:45:40 PM
People should be vetted before being allowed to reproduce. There are so many people who have kids without being able to afford to pay for them.

Why the fuck should we as tax payers pick up their mess. Why should they get tax payers money to help pay for their stinking, illegitimate children?

If you can’t feed them, don’t breed them.

Unless one lives in the Netherlands, "the taxpayers" have been paying less and less for the common social good of raising reasonable kids. But the key issue is what constitutes having enough resources? Current capital is tough for a 20 something to acquire and risk of serious defects goes up with the parents' age. So that would need to be factored in. Perhaps we could sell the rights to the kid for the capital, with proceeds from the kids' life being used to pay back the bill. Slavery with extra steps :-)

Hm.
1453  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 21, 2020, 04:36:30 PM
Luckily we have other streams of income but this is stopping me earning a lot of money.

Good lesson: Don't ever depend on a single supply chain.

More to the point: By doing so you expose yourself to this kind of risk. It's quite probable that the overall risk over time of having a single supplier is cheaper than maintaining fault tolerance, if so well then this is what we call "life".

Redundancy costs money. Going without saves money. Until it doesn't.
1454  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 21, 2020, 12:00:22 PM
Garda officers said they were hopeful advances in technology would one day enable them to access the bitcoin so it could be sold.

Bahahaha

Changes in torture laws, mind ripping techniques. I can see "progress" happening in these arenas.
1455  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 21, 2020, 01:30:36 AM
1456  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 21, 2020, 01:07:08 AM
Kind of like when the US Govt outlawed possession of gold. Not much changes.

Don't worry though, if you are rich enough laws do not apply to you. Cultivate political pull, it is the currency of the next century.
1457  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 20, 2020, 02:35:38 PM
Ok, side thought: If you saw this on a fashion runway, what would your first thought be:



Please God, don't say "Hey, they found my kink!"
1458  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 19, 2020, 11:04:37 PM
Ok, whose job was it to keep bitcoin above 10k.... Come on, fess up.
1459  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 19, 2020, 03:21:09 PM
The force of gravity does not exist Cheesy
Define "exist. I wonder sometimes if gravity is a force outside of our universe that leaks through our universe manifesting itself through mass.

Would explain why it is so damn weak.
1460  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 19, 2020, 03:18:16 PM
In other news -
 6000 bitcoin on the shelf for 7 years after being seized by the Criminal Assets Bureau -

Full story - https://www.rte.ie/news/courts/2020/0219/1116299-bit-coin-clifton-collins/

What if he didn't give them the private key? (or someone else has it, and it gets moved ...)

Torture time I guess. But it's interesting that the coins would be considered profits from a "crime" even if they were bought before the crime occurred.

I'm sure he is guilty of something. Illegal U turn, farting in a Mormon tabernacle, etc.
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