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2661  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 04, 2021, 09:15:31 PM
Photography is awesome for when you get older or not suited to serious exercise.  I know people in their mid 80s that take amazing landscape photos. 

Also local wildlife photography can help advance science if you get the right niche for rare birds / critters in your area

My dad was heavily into photography. Landscape, supercars and these soft filtered 70's portraits. I grew into it, automatically.
Got my first Canon AE-1 from him at the age of 12, i also have two inherited lenses here, which i use occasionally. A Tamron push-pull zoom and a fixed focal length 24mm f2 lens. Both can't keep up with modern sensor resolutions too well, though.
Stepping into digital photography at 2 megapixels from 35mm film was awesome.
At the time you can shoot landscapes like this a lot:

2662  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 04, 2021, 08:31:52 PM
You have to be immune to people's talks, because not many can get along with somebody making a living of not working.

I already started to tell friends and relatives that soon I'll be working from home.

In reality, I'm thinking which hobbies I will try. The more the better, it's important to get busy.


What really has me is photography. You get up at 3am, just to reach that mountain top in time for a panoramic shot of all the alpine valleys within sight, covered by thick fog at a frosty sundawn sunset Cool
This kept me busy with a lot of travelling, learning how to edit DSLR raw files, planning location shoots... I extended my skills into product macro photography fields, but i kept it really low since my second kid was born. Now all of them are growing up slowly, so my extending amount of free time and better fitness will allow me to pick this up again. I poked my nose into drone photography some years ago, but then the regulations became shitty and expensive in my country, so i sold it all again.
Last year the EASA developed an EU-wide set of rules, including an online exam and flying tests to be allowed to fly drones of the OPEN class. So i learned some stuff, which was especially hard for me in the "legal and law" categories, so i had to cheat a little at the exam to pass it, because most of the other stuff i knew already.
If you happen to find a season-independent, go-out-and-play hobby like this, you should be set for decades.
2663  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 04, 2021, 07:55:46 PM
that is the front page of the monday's financial times Grin



hodl
hodl
hodl
 Cool

Quote from: somebody
buy the rumor, sell the news.

So that's why corn dipped 10% today, maybe?
However, great frontpage feature in a great financial magazine!

EDIT: Meanwhile, in other news:

UK judge denies US request to extradite Julian Assange
2664  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 04, 2021, 06:27:38 PM
I'm strongly considering quitting my job, and doing something, anything else while living off crypto for the foreseeable future. This is the first day of work after a 2 week break, and instead of being "refreshed" and ready to work, all I can think is the break wasn't nearly long enough. Despite finding the work deeply unfulfilling, my job is stable and pays pretty well (a quick Google search says I'm in the top 97% within my state).

Probably the biggest thing holding me back is losing the structure that comes with the daily grind. I'm not completely confident I have the necessary self-discipline to create my own structure over the long-term, and while there are a lot of things I want to do (contribute to open source crypto software, write a novel, go back to school, etc), there's the non-zero chance I end up wandering aimlessly without purpose until wasting away.

Has anyone else gone through this or a similar thought process? This might be the only place (that I know of) with people who could relate.



For my part, i'm unemployed since 2011 now, mainly because of fatigue, weak immune system and memory problems.
Eight years before that i ran a home/small business in the IT industry. I got good health and social insurance.
(EDIT: On about a third of what i used to earn, but it's enough)

So now, back to your question: You have to have some "mission", a hobby and take the times just as they come. I had to learn to never feel bored (through meditation).
You have to be immune to people's talks, because not many can get along with somebody making a living of not working. In my case i undergo a lot of neurologic therapy, and i'm restored to some extent, at least in terms of fitness and immune system strength. Your "aim" may be to discover everything you didn't know about yourself yet.

And there's that golden tip i got once...
Go into absolute darkness and silence (some people used a coffin), relax without motion, just shut your mind down to a point where you imagine "this is it. i'm dead. This was my life..." Pretend to be dead. Take your time, i'm serious, and then you will start remembering what you did, all your experiences, your life and, most important, what you didn't do, what you regret you did, which dreams you didn't work on to realise them....
If you do this right (authentic) you will know what you want to do with your life. Trust me. It's being taught at seminars in Germany.

Remeber: You need to look at your past life as if you're dead already. It's not important how you do it, it's only important that you actually do it.
2665  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 04, 2021, 04:33:54 PM
Bears trying to take us sub $30,000 again  Roll Eyes

Institutions and governments waiting for lower prices at the OTC desks.
Bears ARE useful  Grin
2666  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 04, 2021, 12:54:42 PM
How central banks boosted bitcoin
Deficits, debt and fears of currency debasement have stoked the record-breaking rally in digital currencies

AUSTRALIAN FINANCIAL REVIEW.


It's tempting to dismiss the surge in the price of bitcoin and ethereum as a speculative blow-off powered by hot money chasing momentum. But the rally in digital currencies reflects an unease about the unholy trinity of debt, deficits and debased currencies forged by policymakers desperate to revive growth.
The rally in bitcoin beyond $US30,000 ($38,850) is a digital indictment of the easy money policies embraced by the world's central banks, as increasingly aggressive balance sheet expansions obliterate the concept of a price for risk and fuel an ever-growing "everything bubble".

In an era when monetary policymakers are trying to out-dove each other, where once unconventional policies – such as quantitative easing and yield curve control – have become standard operating procedure, it's easy to understand why more capital is seeking an exit from, or a hedge against, a system where central banks have gone wild.
Bitcoin's deterministic monetary policy – only 21 million will be issued at a set pace – looks relatively sober compared to the $US3 trillion expansion in the Federal Reserve's balance sheet and $140 billion swelling in the Reserve Bank of Australia's since the start of the virus crisis.
Digital currencies are no longer the preserve of fintech geeks. Bitcoin has won the backing of US hedge fund legends Paul Tudor Jones and Stanley Druckenmiller, while US-listed companies Square and MicroStrategy have invested some of their corporate treasury in the digital currency.

Digital Asset Capital Management chief executive and co-founder Richard Galvin says 2020 was a "break-out year" for the sector amid an embrace of bitcoin's "digital gold" narrative and the broadening adoption of decentralised finance, or DeFi.
That shift in perception was reflected in its Digital Asset Fund returning about 420 per cent last year, while its DAF Liquid Venture Fund returned just under 500 per cent.
Where the growing interest in digital currencies reflects a desire to step outside the traditional central banking system, the adoption of DeFi highlights the flow of capital beyond traditional banking and finance.
Mr Grider acknowledges there are downside risks. "Prices have had a significant run and profit taking may slow or reverse the rally."

The fusing together of capital and technology into programmable money provides innovators with a potentially powerful tool when interest rates are near zero, yields are miserly and central bank engineering of the shape of the yield curve has changed the rules of the banking and finance game.
Investors have been left with no choice but to chase risk in a world devoid of yield.
TINA – there is no alternative – has become the catchcry for investors pouring into stocks, commodities and digital currencies given the meagre returns on offer at the bank or in bonds.
But nominal yields only tell part of the story. Real, or inflation-adjusted, yields are nil or negative, meaning there is no opportunity cost for investors in non-income producing assets such as gold and digital currencies. The stock of debt trading at a negative yield stands at $US17.7 trillion.
Bitcoin has also been helped by the slide in the value of the US dollar to a 2½-year low.
The prospect of yet more debt being deployed to prop up US growth in 2021 means more supply of dollars. This will keep the Fed buying bonds to repress yields as the US Treasury makes a greater call on lenders.
And around and around it goes.

America's debt story is no model for the world
Almost a decade on from the US having its credit rating downgraded from triple-A by Standard & Poor's, holders of US dollars in the form of US Treasuries have watched successful administrations make a mockery of the debt ceiling.
The August 2010 downgrade came when US government debt was $US14.3 trillion – it's now $US27 trillion. And let's not get started with the $US100 trillion-plus of long-term entitlements that still need to be paid and funded with yet more greenbacks.

While it's easy to claim bitcoin is being driven by speculators, its rise partly reflects concerns about the ongoing speculation by policymakers on the durability of debt-fuelled growth.
Central banks need only look in the mirror to understand bitcoin's success.




+1 WOsMerit
Bouncing back as expected  Grin
2667  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 04, 2021, 11:55:30 AM
never saw a 4% dominance decline overnight. (we all know that the dominance metric is completely flawed and useless and manipulated)
shitcoiners are really trying hard to paint a 2017/18 picture. when btc price pumps, lots of shitcoiners make money since they have figured out by now, who is king and have invested in btc. them using the new buying power to pump their illiquid centralized scam of choice.

it will be short lived. dont get lured in by the manipulated % rise of shitcoins on cmc.

the %gains on cmc are modern day sirens. dont fall for them, they will eat you alive.

https://en.wikipedia.org/wiki/Siren_(mythology)#:~:text=In%20Greek%20mythology%2C%20the%20Sirens,small%20islands%20called%20Sirenum%20scopuli.

Quote
In Greek mythology, the Sirens (Greek singular: Σειρήν, Seirḗn; Greek plural: Σειρῆνες, Seirκnes) were dangerous creatures, who lured nearby sailors with their enchanting music and singing voices to shipwreck on the rocky coast of their island.

Yeah, i tried to catch it with a little fraction of my BTC to make em moar BTC.
In the morning i woke up to almost +30% gains and everything inside me screamed "SELL!", but unfortunately i got caught up with family business and my lil mind problems and so i ended up with +11% by the time i came to sell the two shitters.
Well, still "bigger" stash, as aimed for, but it got me a little sad that i counln't react earlier. I could have made some limit sells with stop-loss, but i had no idea where the price will be going, just that it will go up, more up, peak and then down.
All in all, it payed off a little in terms of BTC gains.
2668  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 03, 2021, 06:20:33 PM
I do not have to pay income tax on my holdings, just 1-3%.

It's in your country law or what? So from your words, if you try to sell BTC you will be needed to pay only 1-3 %? Sounds pretty silly, especially in EU. Maybe in some offshore - yeah, true story, but not in EU. As i remember the only country with such opportunity is Germany, where if you hold btc more than one year you don't need to pay taxes on them.

You forgot about Austria Grin
Germany's little sister whore Tongue
And some other ones:
https://news.bitcoin.com/eight-countries-that-dont-tax-your-bitcoin-gains/

2669  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 03, 2021, 03:45:09 PM
Shit I panic bought a lot at 26800€ and now we go south  Roll Eyes

Trust king daddy.
don't mindrust it.
2670  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 03, 2021, 01:10:56 PM
my grandma is 93. she has been a tarot fortuneteller for more than 50 years. this morning she called me and told me bitcoin was at $34k and that it will hit 80k before a significant pull back. this is unprecedented. in all those years that i am involved in bitcoin, she never made a price prediction. and she rarely ever calls me. (by the way: she will get her covid vaccine tomorrow)

caution! i dont know if she was referring to $ or € when she talked about 80k  Cheesy

I choose to believe!

$ or €?
That is se question...

doing hard not to cash out 0.1 0.025 for having enough cash to buy a drone (since i passed the license test of the EASA yesterday), i rather tend to save a month long of fiat.
2671  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 03, 2021, 12:42:57 PM
my grandma is 93. she has been a tarot fortuneteller for more than 50 years. this morning she called me and told me bitcoin was at $34k and that it will hit 80k before a significant pull back. this is unprecedented. in all those years that i am involved in bitcoin, she never made a price prediction. and she rarely ever calls me. (by the way: she will get her covid vaccine tomorrow)

caution! i dont know if she was referring to $ or € when she talked about 80k  Cheesy

2672  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 03, 2021, 11:14:18 AM
Surprise, surprise.
Just received a mail from Bittrex, that they successfully verified my Global account (KYC).
I have totally forgot about my application (no surprise, at least for me), don't even remember why i KYC'd at Bittrex anyway.  Roll Eyes

EDIT: Forgot the main thing, it must have been two years ago that i applied there.

Many feel that this #Bitcoin  market cycle is accelerating faster than 2017. As things heat up it's instructive to look back at past cycles to see how on-chain metrics moved and get some context into our current trajectory.

🧵with comparison charts 👇

https://twitter.com/typerbole/status/1345435497988952067?s=21

Interesting thread

Thanks, i already read it yesterday at night. In fact the last thing i was reading yesterday before checking BTC price before going offline Smiley
Forgot to share it  Roll Eyes
2673  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 03, 2021, 09:59:27 AM
I pray the lord we stop at these prices for at least a week.. The rise is accelerating to gut wrenching levels.
Let this bullrun chill out or else we'll blow off top.

$34800 ATH observed..  Shocked

Zooming out doesn't even help this time  Grin
2674  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 03, 2021, 09:45:55 AM

Bitcoin outpacing Tesla   Cool
The Lance Armstrong of crypto, this time with balls  Cheesy Cheesy Cheesy Cheesy

Just wow! My current (unrealized) networth places me in the company of the 900 richest people in my country, according to the official statistics. I guess there are some more hodlers like me not counted by that statistic. Anyway, this is a good occasion to celebrate! Cheers mates! (I've emptied 2 champaigne bottles just celebrating the previous ATH's  Grin)


thumbs up, man!
Imagine how high you will get in the list...
Imagine many WO's taking over the top positions of the list  Cool
2675  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 02, 2021, 07:28:34 PM
Anyone know someone up high at the NY Philharmonic Orchestra? When this COVID thing is over I think I want to donate money to them. In return I want a full concert performance of the song "The wheels on the bus go round and round"....

All verses.

Listening to Romanian musician -Master of the Pan Flute- Gheorghe Zamfir with The Lonely Shepherd one of Gheorghe's most famous pieces.

Live preformance in Romania 2017 with Andre Rieu & The Johann Strauss Orchestra.

It was also featured in Quentin Tarantino's 2003 film Kill Bill. Katanananana



One time i was delivering some used clothes for 2nd hand sale door to door (for my wife).
When i rang the doorbell of the buyer, the ringtone was a sample of the very first three flute tone melody. I had goosebumps. What a genius idea, i thought.

$33k
OTC
number of available coins goes down

few understand this  Grin


BTW the photo is a bing search I have no idea whom the person is in it.  But that is a really good way to clear your lungs if the covid is fucking with you. I would be playing drum solos on her back for around 15 minutes 3x a day and a ton of stuff would come out.

In hostpitals around here, they are lying patients chest-down to successfully support breathing. I don't know the mechanics or idea behind this, though.
2676  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 02, 2021, 06:17:00 PM
Just image how Loaded feels.

Wonder what that dude is up to in meatspace. Can't begin to imagine what I would do, were I a Whale-Galaxy like him.

Just imagine being a relatively young guy with > $1B in your pocket. Mind blowing.

Taking a low dose of aspirin might help stop you dying of covid induced blood clots. You can read the arguments for and against it here.

There are well documented health benefits to taking 81mg doses of aspirin daily. Sure you may become more prone to bruising easily, but it's worth the tradeoff IMO.

Don't forget high dose Vitamin D and some Zinc. These have been documented as effective for immune system boost. I would also recommend taking Selenium.


Zinc helps restoring mucosa, which work as an immune barrier. Selenium should only be taken in areas with low selenite levels in the ground, and if you're a vegan.
Vitamin D has to be accompanied by magnesium, because it's elevating the calcium blood level and magnesium balances that, and without K2 this calcium can go anywhere.
It's also responsible for the right level and speed of blood clotting. If you get bruises easily, it might work for you, and does no harm to the body.
2677  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 02, 2021, 06:07:46 PM
Hey WOers!

Have been trying to follow WO in these great times. Price is soaring, what a wonderful start of the year. We all deserve it, as our patience, perseverance and belief, are now being rewarded. 2021 should be a great year for Bitcoin, and we'll be here to celebrate it. No memes, no Carolinas, no CCMF. That should tell us something. Price is just too low for those. Perhaps at $50k or $100k...

The year started badly for me, I've been in bed for the last couple of days. High fever (up to 40 degC), diarrhea, it's fucking torture... Could be a cold, a flu, or COVID-19, I don't know. What I do know, is that I had to go to different places the last couple of weeks and most people I met either did not wear masks properly, or not at all. FUCKS! Measured my fever just now, it's 38 degC. It could mean it's subsiding. I hope so.

Lots of merit-worthy posts out there, you guys are awesome, my phone is next to my bed, trying to catch up. No merits to pass on, but that's no problem I see many of you have taken care of that.

Going back to bed, and hopefully whatever bug or virus I have will clear away soon.

Take care all.

BTW, not selling a fucking sat!

Exactly like our Kindergarten nanny just two weeks before christmas (pcr tested covid19). Mostly diarrhea and high fever, followed by fatigue, but she's well now again.
If you have some Vitamin K2 at home, please take it (200mcg/d).
Wishing you a fast and complete recovery!

Taking a low dose of aspirin might help stop you dying of covid induced blood clots. You can read the arguments for and against it here.

There are well documented health benefits to taking 81mg doses of aspirin daily. Sure you may become more prone to bruising easily, but it's worth the tradeoff IMO.

K2 works even better, since it's one of the main Vitamins responsible for blood clotting, also clears arterial plaques (proven in a dutch study).
2678  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 02, 2021, 02:41:17 PM
So you felt richer after BTC went from 700 -> 18,000 compared to 9000 -> 30,000?       Seems right but that would mean it is downhill from here which doesn't seem to be the case.      Do you remember when BTC was hitting $3000?  How does that feeling compare to now?

this is embarrassing but i dont recall 3k with any particular emphasis. 100, 1000, 10k and the 2017 ath of 20k sure. but not 3k.

so.. yeah drugs mess with your memory. you have been warned.



*shrugs shoulders"

 Grin

2679  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 02, 2021, 01:29:13 PM
So in Nov - Dec I said 25-30k was a correction zone.

Thus I sold a piece today at 30200.


Careful.
Some funny WO member (me?) could invent something like the MOTY-award (mindrust of the year award).
It's awarded to the WO who sold at the lowest price point of a full year  Grin Grin Grin Grin

Seriously, why i post:
Blockfolio stuck at $29.8xx, refreshing forever. Huh  Huh Huh
Me thinks: "Last time this happened, BTC was rocketing..."   Shocked Shocked Shocked
So i checked cryptowat.ch on my mobile  Cool Cool Cool Cool
2680  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 02, 2021, 09:47:31 AM
Isn't the chinese new year starting out a little later than in the rest of the world?

February 12... Year of the Ox.

That's like "The Year if the Bull".... a very bullish year.

An Ox is just a castrated (i.e. Communist  Smiley ) bull.
______

@ Hairy M... Slinky?



I'm living on the countryside, in case you didn't know already  Grin
Next ox(es) no more than 100m away  Tongue

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