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3021  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 01, 2017, 08:53:39 AM
Oort cloud?

Now you're making me nostalgic for the days Jaroslaw/Walsoraj.

 Cheesy
3022  Economy / Speculation / Re: Top 20 days for Bitcoin on: November 30, 2017, 01:21:51 AM
5 consecutive jackpots and 2 more milestones... USD over $10k and CAD over $13k.

It's a longshot for 6 in a row considering the correction but anything's possible.

Go Bitcoin go.
3023  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 29, 2017, 08:22:02 PM
Bah. As I was getting ready to go buy the dip, someone came to my door and delayed me.

By the time I got to the ATM, the price had bounced back to yesterday's levels and the buy fee had tripled.

I took a pass, bought some munchies and came home. I suppose I could have bought garlic dip instead of the f'ing dip.

At least I don't have a job to go back to.  Cheesy
3024  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 29, 2017, 07:53:30 PM
I was just about to post the old "my bitcoins are only worth what they were yesterday" meme then it dipped a little further and now I'm checking my fiat to buy some more.

I hope I didn't miss the bottom.
3025  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 29, 2017, 05:48:58 PM
An amazingly good morning Bitcoinland.

What can I say? We finally hit 5 digits at all exchanges, touched on $11.4k, had two sizeable corrections, and ended over $11k... currently $11043USD/$14185CAD (Bitcoinaverage).

Old coins total at $13000USD/$16700CAD (Coinmarketcap).

Over a grand and a half in a day? A year ago we were still dreaming of getting back up to a grand.

Go Bitcoin go.

edit: I guess my numbers are outdated now, They were current when I typed them. The joys of overloaded servers.
3026  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 29, 2017, 03:09:15 AM
This is clearly as high as bitcoin will ever get, basically. Maybe just a little bit higher because there are people who haven't realized this is a failed experiment, but that's it. 1 bitcoin will absolutely never be worth $50k. $100k? LOL, no.

Yep.

3027  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 29, 2017, 02:43:22 AM
It was like unplugging a toilet, whoosh.

Now the shit's really flying at Stamp.
3028  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 29, 2017, 02:39:24 AM
From this day forward, whenever I think of Bitstamp, the image of 9999 will come before my eyes.

 Grin

Finally.
3029  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 29, 2017, 02:00:55 AM
Meanwhile, it's $100090 at Bitcoinaverage, the truest gauge IMO.

Congrats to all the fearless holders who hung tough through the beartard years.

I think I'll go out and have a celebratory drink.

Here's to Notlambchop, Fonzie, Kwukduck, and lest we forget, Proudhon.

Cheers.

$100090?

Jeez - I wish - one too many digits there...

Unless CAD crashed that much?

I was fixing it as you were posting about it. Cheers.  Cheesy
3030  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 29, 2017, 01:57:01 AM
Meanwhile, it's $10,090 at Bitcoinaverage, the truest gauge IMO.

Congrats to all the fearless holders who hung tough through the beartard years.

I think I'll go out and have a celebratory drink.

Here's to Notlambchop, Fonzie, Kwukduck, and lest we forget, Proudhon.

Cheers.
3031  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 29, 2017, 01:36:18 AM
Still waiting on Stamp.

Someone give them a laxative.
3032  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 29, 2017, 01:27:49 AM
I got a real kick out of a 14 year old living in his grandma's basement lecturing a 104 year old who has not lost any of his marbles.


Jeezuz Murphy. I'm still only in my 60s.  Grin

That said, I am old enough that I should known better than to have bitten the trollbait. Sorry folks.
3033  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 28, 2017, 11:18:57 PM
Dear Jimbo...

You seem to have a lot of bad karma! Smiley

You need to address that issue!!! Karma is the force of the nature of the Universe and the ways that it is manifested or expressed. I might guide you, but first you need to do your research on the web about the ways of the karma. Smiley

By the way, from what I have read... you seem to have a greedy personality. And I don't intending in saying that you are actually greedy. But you seem to think like a 'single cell organism'. In a way a bit self centered. And by that what is wrong about that is that you need to attune to the vibration of your environment. Smiley

LOL You haven't got a clue.

You come across as an arrogant self-absorbed twit. You're so full of yourself.

You dare talk about karma?  Roll Eyes Perhaps you should drop the pseudo-concerned schtick and actually think about your own karma. Take a look at yourself.

Do you actually have any friends in the real world?
____

Don't worry about me. I'm surrounded by a community of friends. I look after them and they look after me. I feel like I'm part of a small town in the middle of a big city. I can't walk the street without people greeting me.

I don't sweat those times (such as I described) when things don't go well because I know that somehow they'll turn out for the best in the end.

In my slightly verbose reply to JJG I was attempting to instill a sense of moderation in the midst of excessive enthusiasm over the impending $10k landmark.

I was stressing how lean times can come unexpectedly without doting unnecessarily on all the good times in between. I was pointing out the wisdom of conservative spending and self control.
___

Perhaps you shouldn't jump to conclusions about people you don't really know.

Cheers.

3034  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 28, 2017, 07:36:35 PM
Whatīs this american thing, bigger is better ? I think, itīs enough to have a handfull.
Itīs sexier.

I think it has to do with bottle feeding.
3035  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 28, 2017, 07:21:33 PM
Well looky here, a nice mini-correction.

Honey badger don't give a shit.  Cool
3036  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 28, 2017, 06:44:46 PM
big buyers coming to buy our coins now...don't sell

Don't worry about that. Selling is not an option.

Meanwhile Stamp and Finex are eerily at par.*

*At least they were. Stamp has pulled ahead.
3037  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 28, 2017, 06:33:20 PM
Finally. Another ATH at Stamp.

That wall on stamp's gone down from 1200 bitcoins to 800 bitcoins today. It can't hold up much longer.

Isn't wall observation fun?  Cheesy
3038  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 28, 2017, 06:22:44 PM
Finally. Another ATH at Stamp.
3039  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 28, 2017, 04:58:10 PM
Good morning Bitcoinland.

Another day another ATH... currently $9974USD/$12779CAD (Bitcoinaverage).

Old coins total $11881USD/$15216CAD (Coinmarketcap).

Getting closer to the USD joining the 5-digit party. C'mon, you're holding up the festivities.

Go Bitcoin go.
3040  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 28, 2017, 09:52:07 AM
Also, who remembers the $1k Bitcoin party...

I do. Didn't last long though.

It wasn't the most fun for me as I was coming to realize I wasn't going to get my 50 coins back from Gox and I had <100 coins left.

Luckily 2014-5 gave me the opportunity to buy back many more than I lost.

This time I was much calmer. The day my Bitcoin stash was first worth over $1mCAD, I spent $1.2k on a new ultra-light powerful bass amp (bought with fiat) and had a few beverages.

I'm still gonna wait for the price to double a few more times before getting into my stash and making any real purchases. Anything under $10m is still just comfortable. I'd like to experience being rich before I get too old to enjoy it.

You don't need to disclose any further details or admit to anything; however, I am going to place you in the about 160BTC club (give or take 15 coins); therefore, having a $10million portfolio is going to require $62,500 value for bitcoins, and surely you do not need that much dough, as an old foggie to live comfortably. 

I am actually going to quibble with your target and suggest that anything in the $2million to $5million territory is going to be sufficient for you to start withdrawing some value - and surely you need not withdraw principle, because it is likely that anything you withdraw is going to be far and above your principle investment.  Therefore with a more splurgy investment, you could start withdrawing at $12,500, and the most conservative of the range, you would start withdrawing at $31k - which really I think is much too unnecessary, especially given your old foggie status.   Tongue


Hahahaha... that is called "unsolicited advice"... I concede that we all hate unsolicited advice.

Without disclosing exactly how many I have (your estimate is a bit off), I could have started spending some of my coins a while ago but since I'm still earning elsewhere, I'd rather keep acquiring more coins, albeit in much smaller amounts. Keeping busy helps keep you young and I learned long ago that prosperity comes in cycles.

When I was 20, my GF was the ex-wife of a brain surgeon so we lived pretty high off the hog. We had way too much spending money for kids our age.

After Uncle Sam decided I wasn't contributing enough to the American economy and suggested I leave of my own free will, I fell on tougher times back in Toronto. I moved into a cheap rooming house and scrambled to keep myself fed. Only stubbornness kept me from moving into my parents' home, collecting welfare, or getting a job. I scraped and hustled to earn any money I could and learned to live on almost nothing.

When I finally broke down and got a job I maintained my thriftiness. I kept spending to a minimum and earned extra money playing music at night while keeping up my day job.  I only bought things that were cheap enough to resell at a profit. I kept hustling any buck I could. Slowly I accumulated enough to finally quit employment for good and live completely off of music and hustles.

If a band broke up and my musical income was interrupted, I was back to scrounging to feed myself again. I still tell the story about how, after we'd eaten all the stale pasta with takeout squeeze-packet sauce, all we had was oatmeal. We had it with old brown sugar for breakfast, chicken bouillon cube porridge for lunch and Oxo porridge for dinner. Employment, welfare and panhandling were not options.

By the time I was in my 40s, I'd managed to acquire 3 properties in downtown Toronto while still maintaining dirt-cheap tenancy in an old house next to the train tracks. My 8 tenants paid my mortgages, taxes and maintenance costs, and gave me a good income as well. I slowly started falling into bad habits. I started to eat in restaurants and take taxicabs. I bought a trailer and kept a country place. I started living high off the hog again.

When prime minister Brian Mulroney "Cooled down the over-heated Canadian economy to wrestle inflation to the ground" everything changed again. My mortgage rates tripled, I had to lower my rents because of soaring unemployment and a collapsing local real estate market. My properties weren't worth what they were mortgaged for. Then I was involved as a passenger in a head-on highway collision.

Since I wasn't an employee and had no registered business, the insurance company gave me nothing. They offered me an insulting pittance for pain and suffering, but I refused it and retained a civil litigation lawyer. It took 2 years to see a penny. In the meantime I was unable to earn, confined to a wheelchair and crutches. The banks foreclosed on my mortgages and I was forced to declare bankruptcy.

Due to a precedent in an Ontario court in the 1920s, it was determined that the bankruptcy trustee couldn't touch any receivables from an auto accident settlement. Meanwhile the insurance company played hardball, not reaching a settlement until we'd already set a court date. I was forced to go on welfare, which paid for most of the cost of my rent. To subsist I was forced to sell some of my instruments and roll up my old nickels and pennies to buy cheap raw food. I ate a meal a day at a local soup kitchen. Then finally my lawyer called to say he'd received the minutes of settlement from the insurance company. I went and signed the papers and went straight to the trustee to declare bankruptcy. The next day, I went and picked up my settlement check, took it to the bank where it was written and got it certified, then went straight to my local bank branch and opened an account, withdrawing $5k in cash to pay off actual people I owed money to. I was a real person again.

Since then, I've done okay for myself but I'll always try to maintain my poverty buying habits. Never borrow. Buy only to earn, not to spend. Avoid banks. I'll try to maintain this attitude even if I become very wealthy.

This is why I'll keep holding, and buying the dips.
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