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3421  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 20, 2019, 02:05:50 AM
... the worst
Are full of passionate intensity.

Yes, that's nutty.
3422  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 20, 2019, 01:53:30 AM
No it's just one of the problems of your democracy. Neither a left nor a right thing, but a lack of anything better thing.

Better things:

1.  Properly funded education system
2.  Properly funded NHS

But that requires the ability to see past the end of your nose.  

There is no money for that. Pay for your own shit.

Typical conservative beggar thy neighbor approach.  Don't let corporates get away with paying less than 1% tax and suddenly there is enough funding for everything.  

Why the fuck does a UK power station need to be owned by a company in the Caymans that itself is owned by a company in Turkey that is owned by a Dutch limited partnership?  Cut that bullshit and you would be amazed how much revenue is available to the government. 
http://www.usdebtclock.org/

There literally is no money for it. It's not a matter of politics or opinions or feelings. There is no money.

But there is $5 billion for a wall?
3423  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 20, 2019, 01:47:43 AM
Quote from: Yeats
The best lack all conviction, while the worst
Are full of passionate intensity.
Always found the first part of this difficult to understand, while it's all too easy to see the latter part.
Certainly we need better leaders.

The best realise the world is not black and white.  Their caution is taken as prevarication.
Dunning-Kruger effect. The less you know the more secure you are in your own omniscience, the more you know the less secure you are. There is a third stage, knowledgeable and secure in your knowledge. But that is extremely rare.

Exhibit 1:  FoxNews

Quote
Watching Only Fox News Makes You Less Informed Than Watching No News At All

https://www.businessinsider.com.au/study-watching-fox-news-makes-you-less-informed-than-watching-no-news-at-all-2012-5?r=US&IR=T
Indeed, exhibit the one. Notice how they never say where the study is from in their links or headlines. There is a reason for that.

Its linked in the article...

http://publicmind.fdu.edu/2012/confirmed/
3424  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 20, 2019, 01:38:57 AM
No it's just one of the problems of your democracy. Neither a left nor a right thing, but a lack of anything better thing.

Better things:

1.  Properly funded education system
2.  Properly funded NHS

But that requires the ability to see past the end of your nose.  

There is no money for that. Pay for your own shit.

Typical conservative beggar thy neighbor approach.  Don't let corporates get away with paying less than 1% tax and suddenly there is enough funding for everything.  

Why the fuck does a UK power station need to be owned by a company in the Caymans that itself is owned by a company in Turkey that is owned by a Dutch limited partnership?  Cut that bullshit and you would be amazed how much revenue is available to the government. 
3425  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 20, 2019, 01:28:54 AM
Quote from: Yeats
The best lack all conviction, while the worst
Are full of passionate intensity.
Always found the first part of this difficult to understand, while it's all too easy to see the latter part.
Certainly we need better leaders.

The best realise the world is not black and white.  Their caution is taken as prevarication.
Dunning-Kruger effect. The less you know the more secure you are in your own omniscience, the more you know the less secure you are. There is a third stage, knowledgeable and secure in your knowledge. But that is extremely rare.

Exhibit 1:  FoxNews

Quote
Watching Only Fox News Makes You Less Informed Than Watching No News At All

https://www.businessinsider.com.au/study-watching-fox-news-makes-you-less-informed-than-watching-no-news-at-all-2012-5?r=US&IR=T
3426  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 20, 2019, 01:27:26 AM
No it's just one of the problems of your democracy. Neither a left nor a right thing, but a lack of anything better thing.

Better things:

1.  Properly funded education system
2.  Properly funded NHS

But that requires the ability to see past the end of your nose.  
3427  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 20, 2019, 01:14:53 AM
Quote from: Yeats
The best lack all conviction, while the worst
Are full of passionate intensity.
Always found the first part of this difficult to understand, while it's all too easy to see the latter part.
Certainly we need better leaders.

The best realise the world is not black and white.  Their caution is taken as prevarication.
Typical Foreign Office-type answer there. What are you? ASD?
You lot got us into this mess with your shades of grey crapola. We need someone with balls and clarity to get us out.

No you need someone sensible with long term planning skills.  Someone prepared to invest in the future.  The problem with conservatives is that they aren't conservative enough.  None of them can see more than two election cycles ahead at most.   Most Tory politicans can't see past the end of their own term.  Most conservative voters can't see past this year's tax return.  

That's how you get Brexit as a result of a Tory infight.  

That's how you end up with places like Blackpool that have the lowest life expectancy in the UK, and its actually starting falling further.  

Plenty of us have gotten rich during austerity.  But we are fucking up the country as a result. 
3428  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 20, 2019, 01:13:37 AM

 If the Democrats refuse this deal, I fear we'll legitimately be facing a civil war situation.

 God help us all.

A temporary 3 year deal for Dreamers as a swap for the Wall?  Nah, crappy deal.  

If you want to stop illegal immigration, how about removing the incentives.  Let's make it illegal to employ illegal immigrants.  Prosecute the farmers, cleaning companies and construction companies that employ Mexicans.

Of course, we all know the dirty secret that much of the US economy is propped up by illegal labour.

3429  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 20, 2019, 12:49:28 AM
Quote from: Yeats
The best lack all conviction, while the worst
Are full of passionate intensity.
Always found the first part of this difficult to understand, while it's all too easy to see the latter part.
Certainly we need better leaders.

The best realise the world is not black and white.  Their caution is taken as prevarication.
3430  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 20, 2019, 12:42:53 AM
 


=

3431  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 19, 2019, 07:59:58 PM
Grin will drop to 1% inflation 100 years from now in 2119. At that time 2.6 billion Grin coins will have been mined.

Grin is a lot of fun.  But it's still a shitcoin.  Don't sink your battleship before the most epic Bitcoin bull run ever.  Too many OGs did that with shitcoins last bullrun.  

That includes you, JJG.

I am unclear.  Do you mean that I should NOT be tempted to buy Grin?  My post response to theymos was sarcastic.  Currently, I am not tempted to buy grin, and I don't give a shit if it is going to have a pumpening or not.  


To the extent that I take any internet advices with a considerably large grain of salt, are you suggesting that I am making a mistake or not? or that I should not be tempted by grin?

I stand corrected.  I am sufficiently dim that your sarcasm was lost on me. 
3432  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 19, 2019, 08:38:50 AM
rebal15 is a Roach alt
3433  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 19, 2019, 07:42:58 AM
Pretty happy with how the green support line has been holding.  A bit of a test coming up with a minor descending bear line.  If we can break upwards through the minor descending bear line, that would be great.  But no big deal if we just push sideways.



Meanwhile everyone's favourite overlay is tracking sideways, as it should



Zoomed out indicates we should break $10k around the halvening about a year from now

3434  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 19, 2019, 07:21:45 AM
Grin will drop to 1% inflation 100 years from now in 2119. At that time 2.6 billion Grin coins will have been mined.

Grin is a lot of fun.  But it's still a shitcoin.  Don't sink your battleship before the most epic Bitcoin bull run ever.  Too many OGs did that with shitcoins last bullrun.  

That includes you, JJG.
3435  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Grin | PoW Mining | Electronic transactions for all. Community driven. on: January 18, 2019, 11:24:26 PM
An attempt at valuation:

Bitcoin - 12.5 coins per block, 6 blocks per hour = 1800 coins per day x $3600 = $6,480,000 cash injection required per day to maintain current price

Grin - 50 coins per block, 60 blocks per hour = 72,000 coins per day x $6.5 = $468,000 cash injection per day to maintain current price.

Therefore Grin requires 7.2% of the cash injection of Bitcoin on a daily basis to maintain its current price.  

Is Grin worth 7.2% of Bitcoin at this time?  Definitely not.  It is an untested coin with extremely low adoption and a serious pain in the ass to transfer as both parties have to cooperate to make a transfer happen.

Conclusion:  Grin is currently highly overvalued at $6.5
3436  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 18, 2019, 08:05:04 PM
3437  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 18, 2019, 07:32:18 PM
Worth noting that Bitcoin inflation is currently 3.8% dropping to 1.8% in May 2020. 
3438  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 18, 2019, 07:14:08 PM
The grin mania is out of control.

I cant remember this enthusiasm for an ALT in this BTC wall observing thread.

Give it a week.  Everyone will get bored and move on.
3439  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 18, 2019, 01:58:03 PM

3440  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 17, 2019, 11:41:41 PM
Sideways, sideways....

Well... After the btcmillionaire more than successful subject about creating a self sustainable pond in his property... I would like to ask.... Anyone here has fully self-sustainable solar powered property? I have studied a lot about it, but some real life experience from another fellow WO'er would be great.

I think it is already at the point where it is cost efficient (more so considering where I live... SUN all the time!) and I am perfectly capable of doing everything myself and know my shit about buying stuff for way less that its usual price (either second hand or surplus) which will also help reduce the total cost substantially.

The property already has its own waterwell with enough capacity to fill the 125000 litres pool over a couple days. So it is only the power grid what I would like to cut off for a completely self sustainable property. My dream!

Will WO also deliver this time? lol
WO please, I understand that we're not on a 90 degree up course to the moon, but this thread has a reputation to uphold. Somebody respond to the man.

Not a licensed electrician?  Want to be a human bug zapper?  Wire your own solar panels.  
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