|
Observing upward price pressure on the BTC front.
$23,860 USD currently and moving upward.
Buy walls supporting at least a short push to $24k again.
|
|
|
|
There are an awful lot of consecutive green daily candles lately. Total of 8 to be precise.
Last time we had 8 in a row was back in June 2019.
Obligatory 9th red candle achieved. Next 8 green daily candle run may now commence. |
|
|
|
The demand for cabins was nil. Even with the lowest prices we could possibly offer and break even, nobody wanted to live on it.
While I'm sympathetic with the whole seasteading idea and I respect you for standing up and actually trying to do something rather than enjoying your likely riches, this is the critical bit, as several posts have already pointed out. The prices you quoted ("starting from" - which seems to threaten much higher numbers) weren't that high in themselves, but that would only get you an inner cabin - no sea view. Basically, a closet to sleep in and not much more. But the real issues come when one actually considers the reality of living there. Maintenance expenses that look like a real menace. Who's going to pay for the fuel, the food, the cleaning? Rhetorical question: me of course. I'm not sure the "only BTC accepted" policy was expressely stated by you, but it's as likely as not, and it doesn't look good to an oldschool hodler. Would it have been just crappy fiat - well, maybe, who knows. But my cornz? OMG nooo! Imagine having to splurge btc for every drink. Maybe for plain water, too... with the monopoly market that inevitably ensues on such a closed, isolated community. Mostly consisting in millionaires, go figure. Scary as hell for the small fish. I won't even mention the risk of having dinner table neighbors that engage in endless, unsolicited tirades. Oops, I just did! (j/k) And with the hard rules about living onboard - rules usually made and enforced by the captain, not the stakeholders, there's the sizable risk of imaginary freedom turning into perpetual obedience. The thing we were trying to run away from in the first place. An auction usually "starts from". Out of 100 rooms for sale during the auction only 10 were sold. So in every category of cabin you could have purchased at the lowest price. We wanted the auction to catch any problems where someone wants two rooms right next to each other or in front of each other but someone else wants that room. Let the highest bidder have it. Correct about paying for food and electricity. You have to pay for your own food. I know it's kinda crazy to consider no free food but we were trying something quite radical. I'm not sure what you mean by "hard rules about living onboard". You think there would be more rules on a ship run by anarchists than the island that was .5 miles from the ship or on land that was 6 miles from the ship? Did people truly think we were putting the ship 200 miles out in middle of international waters with no way to escape? We were closer to downtown Panama City than commuters that drive to the city every day from out of town. People living in the outer suburbs could have literally rented a cabin on the ship and commuted to work and been to the city faster than their former neighbors. People literally live on the island that would be swimming distance from the ship. If this is what people believed it may have been our marketing that did us in. Then again, we realized that the Internet is for talking. Not for doing. We believed people wanted a sort of Bitcoin city as a testing ground for living on bitcoin. We believed people wanted to test out seasteading even if it was just the first step at a much cheaper price than any seastead in the future will ever ever be again (we paid less than scrap prices for what was essentially a ready made seastead, just the cost of the raw material). All future seasteads will need to pay for not only the raw material but the labor, shipyard costs, government interference, and likely a company that actually wants to make a profit instead of a couple of guys that want to make something happen so much that they're willing to break even as long as we can make something great happen. Your passion is inspiring. If there is one thing in this life that is worth living for its passion for what you believe in. I for one, did check your prices and offerings. I thought they were quite fair. Unfortunately, I'm not in a position to pursue that living at this point in my life. Best of luck in future endeavors. * Edit If your approach to this was from a business perspective, it truly was a niche market. Must like sea life and own bitcoin is unfortunately a very small percentage of the current day population. |
|
|
|
|
There are an awful lot of consecutive green daily candles lately. Total of 8 to be precise.
Last time we had 8 in a row was back in June 2019.
|
|
|
|
|
Observing new ATH with relatively low volume.
Also, observing not many large sell walls before $25k
Also... running out of champagne.
#2020BitcoinProblems
*Edit Also, observing JJG in full keyboard warrior mode.
|
|
|
|
So what you are saying is it could go either way?
I'm bullish, but yes. EDIT: Still, a triangle. Volume low. If nobody takes this opportunity, a little dip is absolutely within valid options. Trusty magic 8 ball says a small dip is imminent followed by sideways action for a few days. |
|
|
|
#stronghands  +1 WOmerit for 5th element reference Hopping on the +1 WOmerit for 5th Element reference train. That was super green of you. |
|
|
|
Are we on an Oprah show or what?  |
|
|
|
I can't believe companies are falling for this fake news HOAX "currency". It's going to be brutal when this all continues it's multi-year collapse. 2021 is going to be brutal. #bitcoinhasfailed
Actually, laughed out loud when I got to this post. Welcome back. I needed that laugh  +1 merit for the laugh |
|
|
|
|
Remember, remember, the 16th of December.
Previous ATH breached and volume increasing.
Exciting times ahead. Congrats to all the long time believers!
|
|
|
|
|
There is so much tension in the BTC value I can almost feel it.
Magic 8 ball says "Volatility Imminent"
|
|
|
|
In my personal view, Bitcoin TA = Rolling a dice.
I prefer my magic 8 ball. I can shake it until I get the answer I want |
|
|
|
There is a lot of liquidity fighting for the same goods. A few institutional investors are getting in, one by one, pouring millions in. But the retail investors are not getting in massively yet. In December 2017 alone, the total number of Coinbase users grew by 6,8 millions. If they each invest 200$, it's 1,36B$ fresh money buying bitcoins. https://www.statista.com/statistics/803531/number-of-coinbase-users/The retail investors will come and there will be less and less sellers, the price could skyrock (until it crashes if there is a liquidity squeeze) A single institutional buyer can match that $1.36B and exceed it. This is their time now, and I dare say they'll do a better job accumulating BTC than retail investors who blow their wealth on toxic waste like XRP or XVG because "it's cheap". I agree, we'd all love to think that Average Joes combined fiat power can still push the price around, but that ship sailed a long time ago. Now Average Joes are just guppies along for the ride. #ThisTimeIsDifferent |
|
|
|
|
Observing upward value motion in the BTC ocean.
A couple decent sell walls in close proximity.
Magic 8 ball says we go sideways a few more days.
|
|
|
|
|
Thanks to BobLawBlaw for single handedly keeping us above that $18k mark.
Apparently $18k is the new $19k.
|
|
|
|
Thrusters are warming up. Pamping time is upon us.
24K by Christmas, the Slayer Guarantee.
Honestly, I wouldn't mind if we hover here for a few weeks or even months. Would really throw those "Bitcoin is too volatile!" Folks for a loop. However, my gut (magic eightball) tells me we have have 2 maybe 3 days left in this territory before happening bunker sirens. |
|
|
|
*talking to myself* Don't... do... anything stupid... with Bitcoin earnings.... *clicks purchase* *evil laughs* |
|
|
|
|
Good morning fellow bitcorners.
Observing BTC finding that $19k number again. Seems to be the badgers new favorite number.
|
|
|
|
Blockchain Association Lobby group vs Big Banking Lobby group. Anyone know where to find a quick reference on current Senators and State Representatives who support Cryptocurrency vs who is in the big bank's pockets? |
|
|
|
|
Show Posts
