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4021  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: October 06, 2019, 06:43:23 PM

Just one possible chart among a large number of unknowns.
It would be nice, though.
What's the trigger for such move?
Brexit?

BTW, why btc looks so shitty on US/EU exchanges vs binance? There is more than $150 price difference.
4022  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: October 06, 2019, 06:09:11 PM
I only fear one thing in life & it’s cancer. I’ve had a drink myself so I don’t mind about being honest myself. I’ve had two scares this year -

cancer is truly nasty thats for sure. some cases can be controlled into remission but its never guaranteed.

my greatest fear is brain deterioration (alzheimers, dementia, things like that) and currently there is no way to prevent, slow down, or cure those.

i can lose large pieces of my body to whatever and as long as my brain is functioning at more or less normal level (for me) im good with missing parts. i can adapt as long as my brain is doing its job in its usual sloppy fashion.

you can replace a lot of organ systems but obviously the brain is not on that list.

i have seen too many people who suffer one or the other of those and how truly miserable that can be to the patient as well as family.

i have a plan to prevent that long spiral downward if my brains craps out. i plan build an extremely complicated puzzle device that takes, say, one hour of undivided attention and and a reasonable amount of logic and such to solve, thereby resetting the counter. it would need to be solved every (say) two weeks, and wrong answers are ignored with no penalty. it would have something like a several month grace period, even with wrong answers. to take into the account other, temporary mental issues. so, basically a dead mans switch that would somehow cause me to expire (with no danger to others) while still having a small shred of dignity and freewill. this would take much careful vetting of course, as well as a way to expire myself (suicide is for cowards, but i figure dying because you could not solve a logic problem is ok... well i think so anyway).

so.. if my brain is going to betray me.. well if i cant trust my own brain at that point, i need to set something up before my brain has a chance to cause a huge amount of suffering and inconvenience for caregivers.





Interesting...I am not sure that it needs to be a complicated puzzle since you should expect some mild decline in brain capacity.
What's wrong with doing sudoku, word games, etc.?
There is a guy in health field (https://www.theatlantic.com/magazine/archive/2014/10/why-i-hope-to-die-at-75/379329/ ) who wrote a treatise about how he will stop taking care of his body upon turning 75 due to his thinking about a perceived lack of sharpness. Some professions (teaching, science, medicine, artistry, etc.) seem to be preserving mental capacities of participants way into late seventies, early eighties. Personally, I think that the key is to be interested in new things.
4023  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: October 06, 2019, 05:26:43 PM
The word species doesn’t mean what you seem to think it means

I do, but not 100% sure that you do, however.

one major characteristic: an inability to produce fertile offspring from mating [when it is even possible] with a representative of another species.

A few CRSPR mods and this could be accomplished.
Even without/before this: imagine parental pressure on a child who wants to marry the "unmodded" individual.
Such societal restrictions (on a top of even small CRSPR mods) might result in eventual separation of Homo sapiens into subspecies.
We are not resistant to evolutionary forces based on sociology (even without programming in a complete biological distinction).
That is, of course, if CRSPR will be applied on a large enough scale.

Unfortunately, I don't see how it would not happen within relatively short time frame since moneyed classes would be in favor, presumably.
4024  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: October 06, 2019, 04:53:36 PM
We (humans) are already in danger of splitting into subspecies due to CRISPR 'revolution'.

'danger'?

"danger" in the same sense as " the danger of the unknown".

A different situation in comparison with the current one.
No random combinations leading to greatness, no Ramanujan, no "spontaneous" Einstein.
Basically, genetically superior moneyed class and the base.
Neo-feudalizm that is maintained not just by money, but also by genetics.
There would be no turning back and/or develop another type of society.
4025  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: October 06, 2019, 04:43:56 AM
Digital yuan rumor on Keizer report...apparently China will be announcing it on 11/11.
https://youtu.be/F6aengR6fWk?t=1501

I have no idea what would be the difference from the 'regular' yuan.
After all, all money transfers are already somewhat digital.
Maybe nothingburger...or not.
4026  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: October 05, 2019, 08:54:41 PM
I wonder if in 100 years there will be Mayer and Winkelvoss land empires in US:

https://www.bloomberg.com/graphics/2019-largest-landowners-in-us/

maybe someone currently at WO too... in time.
4027  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: October 05, 2019, 08:12:17 PM


Once pulled a 10 kilo silver bar from a well that the owner had obviously forgotten.... oh shit... I know where r0ach lives  Shocked

Good friend of mine was digging a footing for a new building on his land (rural Oregon) with his trackhoe, heard breaking glass.  He was all "goddamn it" having a dangerous mess to clean up, shut off the hoe, climbed down...he had got into 2 mason jars full of Morgans and a couple eagles lost by the previous owners...true story, I did a little trading with him.

Made me look re what is a "Morgan"...I know eagles, never learned anything about silver before.
Interesting re silver: planB was talking about it on one of the podcasts.
Apparently US govt had lots of silver, then sold EVERYTHING.
This is why silver's S/F is just about 3 vs gold's 58 with btc at 23.2-25.4 (going to around 50 at halving).
4028  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: October 05, 2019, 07:30:05 PM
Bitcoiner will eventually be its own race as the vast wealth of Bitcoiners separates them from breeding with primitive cave dwelling nocoiners they will eventually evolve into a separate race and be unable to breed with nocoiners.

Our descendants will still be kind to nocoiners hopefully, but any offspring between a nocoiner and Bitcoiner will be sterile in the future due to large genetic differences. Its inevitable.

The best solution to stop nocoiners from going extinct will be large wildlife preserves where nocoiners can exist untouched by advanced society. We will build them banks and money printing tools to create an environment similar to their primitive ancestors.

I often mock nocoiners but it is sad to think of a once great people becoming an endangered species with no place to call home.



Taking it more seriously than I probably should, this would mean a neo-feudal society that would never progress to another level.
We (humans) are already in danger of splitting into subspecies due to CRISPR 'revolution'.
This is real and coming to many societies as baby-modding very soon (probably within one, maximum two generations).
4029  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: October 05, 2019, 07:17:52 PM
Im not seeing any serious bargain buying at these levels and we never got a proper bounce to at least tease the Vegeta price levels.

I see no special reason why 8k will hold and expect a big drop soon as people give up on it.

IMO its gonna take a ton of volume and/or a serious green dildo to end the nasty downtrend from 14k. Sadly we have neither, but happily everyone should be moving money around in preparation to buy if low bargain prices (6-7k) do come our way.

I believe a quick journey into the 6k's in October with massive volume would end this mini bear once and for all and we could all focus on spreading our halvening and 100k300k propaganda.  Cheesy

A 6kish mini bear market bottom would be extremely bullish as it would be about double our major bear market bottom from Dec. 15, 2018.





I agree. Would I like it? Not in the slightest. It is just the theory of us being flat until may of 2020 strikes me as almost impossible.
It would be much better to reach halving rising from the lows vs being stale.
4030  Economy / Speculation / Re: Q4 -Quarter 4 speculation thread, where will 2019 end, join the LIST on: October 05, 2019, 03:30:50 AM
$5450

A Number that matches 2015 appreciation in %%.
The premature summer 'activities' led to fall/winter apprehension.
Where are the bull spirits?
Wall street is up to no good with btc.
Not going to trade this.


bitcoin will go deep;
the bull spirit would renew
before the halving
4031  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: October 05, 2019, 03:04:35 AM
According to the 2015 fractal, we could run sideways from here to May 2020.  It would be a bit boring but I wouldn’t consider it disastrous.  



A flat would be fine, but a quick downdraw to 5900 looks equally possible (numbers are taken from the chart, i am not predicting it).
BTW, from a historic perspective, 2015 (year before halving) had just 34% appreciation.
We started 2019 with about $3961, 34% on the top of this is roughly $5450.
Why I am comparing 2015-2016 with 2019-2020?
Because of the similar position vs halving (2016-July, 2020-end of May, provisionally).
4032  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: October 05, 2019, 02:16:29 AM
yes, chart looks bad and the whole 'premature fractal' looks even worse.
In fact, we started 2016-2017 bull run about 9 mo before halving.
Therefore, we are not ahead, but late by two months if you don't consider the move to 13.8K as a true "run".
The best we can count on here is slowly sloping upwards, hopefully exceeding the 200da MA.
If not, we will undergo a 'death cross' in one or two months.

My current thinking is that it is looking very bearish when it "should" have been progressively bullish (in this time zone vs halving)
4033  Economy / Computer hardware / Re: [WTS] Two 2880W PSU price reduced on: October 04, 2019, 02:18:30 AM
still have available? and will you use forum escrow?

edit - and any pictures?  trying to gauge the size.

yes, still available at this moment.
PMed re size

re escrow-sure if you pay for it (like Ognasty or Philipma1957, not sure if he still does it, though)
4034  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: October 02, 2019, 04:06:13 AM

I LOLed at $1560 insurance on a $1.8mil house.
bullsheeeet....made me think the rest is made up as well.
I am sure that they can make it on 200-250K/year (in those cities).
4035  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: October 02, 2019, 03:54:19 AM
I don't think this guy even comes close to warranting his own day.

He only just showed back up after how many years forsaking us?

"In your eyes forsaken me
In your thoughts forsaken me
In your heart forsaken, me oh..."

SOAD
4036  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: October 02, 2019, 01:56:05 AM
I had that crazy (maybe wasn't so crazy) idea in the morning. I was about to put the rest of all my FIAT (6 figures) to BTC but then I didn't. Did another small $200 DCA instead.

Isn't that a sure bet? I mean who doesn't believe here that BTC won't make it above 9k again? Last time I said these lines it was somewhere between 4k and 6k, and I still didn't buy (I mean not all in), and it damn went above 9k indeed.

From 8k to 9k that was %12 sure gains. (It is %6 now)

From time to time, you come out with some real doozies, mindrust.

Based on my round about idea about the total size of your BTC investment, how  the fuck could you have anywhere close to 6 figures of fiat available?  You must be joking, right?  

Note: Remember this is the dollars/BTC thread so our general reference point is dollars, when we are referring to fiat.

Surely, I cannot tell you any kind of exact formula, but before anyone invests in BTC, they should have the rest of their life in order, and have their bigger bills paid and have their cashflow figured out for 6-18 months into the future.  Therefore, when considering what funds that they have available for BTC investment, they have the rest of those matters accounted.

Accordingly, you also said that you largely only buy BTC and HODL, you do not sell, so accounting for your own practices, you have also said that you DCA buy, buy on dips, and sometimes mistakenly FOMO buy.  Anynow, therefore, in the past 3 months, there have been all kinds of ongoing buying opportunities, so in that regard, I would be quite surprised if the value of your fiat should be anywhere close to the 20% or more of the value of your BTC.

Therefore, if you were to have 6 figures of fiat, then you would have $500k of value in BTC (which at current prices would be about 59 BTC  - that is $100k/.2  = $500).  

Something that you are saying is quite off, unless you had been largely contemplating and calculating some kind of gambling (overleveraging) move that would involve taking money from somewhere that you should not be taking it, in order to bet on bitcoin.  That does seem to be what you are contemplating/calculating.  In my thinking, those kinds of moves tend to be desperation moves, and not necessary in bitcoin, even if there could be some decent probabilities that they could pay off quite handsomely - even though personally, I rarely play those kinds of gambling approaches.**

**I will concede that from time to time (and historically), I have used zero interest credit card promotional moneys to increase my cashflow, and thereby buying bitcoin with a decent portion of that increased cashflow funds, so I am not completely immuned to a certain amount of leveraging/gambling that could have ended up going sour on me.

For me if someone has about 59btc (500K value) and 100K cash, going all the way and investing the rest of the cash in btc is a reckless move even when I think that btc is likely to appreciate.

Why? Because in this scenario 100K would increase your stash "only" 20% while eliminating any hint of diversification.
By no means I suggest investing the rest in alts. Keep cash (in $$). I don't know your geo location, so cannot rec. other currency or real estate. Some gold might be OK too, maybe split half and half (half cash half gold). I used to love stocks, reduced them lately.
Honestly, everything is so complicated right now, it is difficult to make the right decision (apart from bitcoin, which is solid).
4037  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: October 01, 2019, 03:11:04 AM
I paid US$6,500 installed for a 8.5kw system which is a very large system including top quality panels and microinverters (not the cheaper string inverters).  You should be able to get a decent smaller system for less than US$3k installed.  I don't understand the pricing you have quoted.

If you size the system appropriately, you should be able to pay off the panels in 3 - 4 years.  Yes this requires staying in the same house for 3 - 4 years  Grin   After that it is free electricity.  But it also improves the resale value of your home.  

The power companies pay me about $4 per day for the solar I send to the grid.  My quarterly power bill is the power company paying me about $360.   Once your HOA realises they can make money off it, they will come around.  I put some panels in suboptimal positions so that I do not have any panels directly visible from the front but the system is deliberately oversized to cope with imperfect panel placement.  



Sorry, pal, in my neck of the woods the cost of solar is $2.81/w or $23.8K for a 8-9kw system and $28.1K for a 10kw system.
After tax rebates (one year later if 'someone' does not cancel them) it would be $16.7 or $19.7K respectively.
Plus, i would need to install new roof-another $12-14K.
Why would i need a small system, btw? I have needs Wink
4038  Economy / Computer hardware / Re: [WTS] Two 2880W PSU price reduced on: September 30, 2019, 10:19:54 PM
Price reduced
4039  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: September 30, 2019, 10:16:00 PM
Asians don’t give a fuck about the environment, all they care about is money.

Solar is now cheaper than coal and getting ever cheaper fast (hint: the fuel is free).

China gets a fuck ton of sunlight - it’s just blocked by the Asian Brown Cloud which is a result of burning coal.  Once they start to transition properly, they will get a positive feedback loop.  

More solar panels = less coal = less pollution = more solar radiation = more cost effective solar panels = more solar panels ....





As an added bonus the US could stop sending its troops to die for Saudi Arabia once we break away from oil dependency.  

solar would be great for me (lots of sun) if not for three reasons:

1. Cartel-like pricing here ($30K-50K per roof).
2. You cannot move your roof with you when you move.
3. Most important...Wretched HOA that is adamantly against solar. Those who don't know what HOA is, you are lucky.
4040  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: September 29, 2019, 08:48:31 PM
We are used to it. Going back to $5k or even $3k at this point doesn't mean anything to me other than "cheap coins". We already survived it once, we can do it again.


If we drop to $3,000 I will honestly put every single penny I have into bitcoin. I’m already way too heavily (for most people) invested in bitcoin but I will put my emergency fiat stash into bitcoin (which I said I’d never do).

I hope you would.  I hope I would too.  But from experience I suspect we would be sick to our stomachs with fear.  It is astonishingly contagious at such times.

Let us hope that we muster the fortitude to take advantage of opportunities when they come.

It's unlikely to happen...most people can't buy bottoms.
In 2014 I was buying as btc was declining, stopped at about $300, never bought at $150.
During 2018 decline I bought a little at 4K, did not buy any at 3K.
The problem with bottoms: you never know which one is the real one.
DCA or buying into rising market is the way to go for most people, IMHO.
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