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721  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 21, 2021, 04:24:41 PM

Wait, I missed that bit...

400k @2.75%?

So they're paying interest?

So they sold off a bunch of bitcoin and are still in debt? WTF indeed.
722  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 21, 2021, 04:19:55 PM
Peercoin! Now ranked #820 Grin Down roughly 99.8% against BTC since 2013  Cheesy

I think I have some if anyone wants some. Spent a few days mining on one of those multipool sites.
723  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 21, 2021, 05:09:14 AM
I thought that my point had more to do with how much he was cashing out all at once.. which was 25%, and my whole speal was an attempt to show another way to justify how much to cash out, and my conclusion would have ended up with cashing out less than 1/4 what he did... ..

Yes, perhaps it is a mite much. But he still has 75% left (technically now 100% Wink ) and for the most part has significantly permanently upgraded his life (ignoring what was presumably ~1BTC or more on that bit of nonsense which is the flash car). It surely is magnificent to hold and watch the number go up but at the end of the day, there has to be some point to it. Though, personally, I'd much rather be using Bitcoin to make the purchases than "cashing out".
724  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 21, 2021, 12:24:02 AM

I sold 2 old RX-580's for $500 apiece a couple months ago just because its retarded.

RX580 is currently my best card. It's in my VR rig which I have taken to playing Cyberpunk on as my main gaming PC just wasn't up to it (the 580 is a bit borderline TBH).
725  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 20, 2021, 11:57:49 PM
Cerner's financials say that their Total Debt to Equity ratio (FY) (%) = 29.81.

Which means that out of that $28.3B equity valuation, they have $8.3B in total debt outstanding. If you believe the valuation estimate, that's still nearly a third of the company that is all debt! And over the past 4 years, their accumulating debt had been growing at a much faster rates than their profits. Which means they were on track to eventually going belly up.


It's possible Oracle wants key technologies or even employees. I agree that there's way too much money sloshing around though.
726  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 20, 2021, 11:55:39 PM
Yes, some people will get worked up about the guy's choice to shave off 9 BTC all at once, maybe even yours truly, because I am a bit concerned about shaving off 25% all at once, but I would not have been so much concerned about shaving off 5% here and 5% there and maybe even getting to the same result of shaving off 9 BTC at some point (25%).

Quality of life. Anyone who hasn't fully owned their own house (property taxes notwithstanding), it's quite nice. Fancy cars though? I would also consider waiting for a bit higher BTC prices before buying a house that much but then again, every time I look at house prices, they are higher than what I'm expecting.
727  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 20, 2021, 02:52:40 PM
Daily Driver: PAID IN FULL?

I don’t know does it even mean?

Paid off the loan on his main car.
728  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 20, 2021, 02:48:51 PM
Yeah, but a full floor (or even 2 or 4 floors) condo isn't exactly a crash pad ! Unless you crash with an entourage (or a harem).

You don't?

Not yet. Maybe when 1 BTC = 1 million dollars :d

Pro-tip: timeshare.

You can't own the keys to that, so I'm not interested.

I mean the entourage. No point paying them to sit around when you're busy with other stuff.
729  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 20, 2021, 02:45:49 PM
There are images being spread out on the internet to create some kind of fake demotivational spirit among the residents to avoid vaccines like this image :




That's a fear based pro-vaccine message just FWIW. Think about it.
730  Economy / Speculation / Re: Russia Blocks TorProject.org and Begins Blocking of Wider Tor Network on: December 20, 2021, 05:17:30 AM
Quote
On the orders of Russian authorities, ISPs in Russia have blocked TorProject.org, the main domain of the privacy-focused anti-censorship tool Tor. The move comes hot on the heels of moves to block access to the wider Tor network following allegations that the service helps people to access previously blocked sites and facilitates crime, including access to the dark web.

https://torrentfreak.com/russia-blocks-torproject-org-and-begins-blocking-of-wider-tor-network-211208/

Good. They could do with another round of improving the protocol. The TLAs are probably pulling all the analysis realtime by this point.
731  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 20, 2021, 05:16:14 AM
Yeah, but a full floor (or even 2 or 4 floors) condo isn't exactly a crash pad ! Unless you crash with an entourage (or a harem).

You don't?

Not yet. Maybe when 1 BTC = 1 million dollars :d

Pro-tip: timeshare.
732  Economy / Speculation / Re: Comparing the Librem 5 USA and PinePhone Beta on: December 20, 2021, 05:14:43 AM
Yeah but they also have made their platform upgradeable.

Did you read the article?  the guy really did a great job of putting all the updated info in there with standard benchmarking as well.

Sure, I'll take another look when it's released. In the meantime, I have a February deadline and the 200 for the pinephone with convergence kit is a fairly friendly amount.
733  Economy / Speculation / Re: Comparing the Librem 5 USA and PinePhone Beta on: December 20, 2021, 02:41:36 AM
Open Sauce hardware and OS is what really matters here.

Yes. And the Librem is more pure in this respect but they are working with dated hardware and have just pushed release another year out. That's not a great place to be in the tech world. I'm ready to be giving Google the boot so if the experience isn't perfect, I'm happy to live with that.
734  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 20, 2021, 02:27:45 AM
Yeah, but a full floor (or even 2 or 4 floors) condo isn't exactly a crash pad ! Unless you crash with an entourage (or a harem).

You don't?

I'm actually considering buying a flat near my workplace, and a house further out, because the budget for a house that I like is too much, just to be closer.

I worked for a place that would put me up in a hotel two nights a week (four day workweek) as I had a two hour commute. Being away from home two nights a week was rough and the commute still not fun but the three day weekend definitely made up for it. Great job too and very flexible on hours though it didn't pay enough. Looking back, I probably should have seen if I could have found a way to get my income up but I was ready to end that commute by the end of it anyway.

You might consider renting a room or something. A lot of people looking for a little extra income right now.
735  Economy / Speculation / Re: Comparing the Librem 5 USA and PinePhone Beta on: December 20, 2021, 02:23:29 AM
https://amosbbatto.wordpress.com/2021/12/10/comparing-l5-and-pp/

Quote
I’m guessing that Purism included these extra accessories in the box, partly to make people feel like they were getting their money’s worth, since the phone is so expensive at $1199 for the Librem 5 and $1999 for the Librem 5 USA. The L5 comes in a big box, which is designed to impress, and I can’t help wondering if it is also partly designed to convey quality.





Looks like standard accessories to me, combined value ~3-5 dollars.

I've settled on a Pinephone as my next phone. My current G7 is due to stop working in February and I broke the screen by stepping on it last week in a rare act of carelessness. I was waiting for the L5 but I think they've got themselves in a position where they're a dead man walking. Good luck to them though, I'd like to see them succeed.

Everything I've seen says that the pinephone isn't quite there yet. Probably the pro will be better but it will be twice the price. I'm hoping the pinephone will be "close enough" as I don't mind having to work a little and there might be some opportunities to do something interesting while things are still fairly early.
736  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 19, 2021, 11:51:36 PM
... I can give you some hard data that might help inform your decisions, or any others that may be reading this that have faith in my integrity to supply sourced data


That's about where I'm at, give or take. But I've seen a lot of other claims, some obvious bullshit, some less so in either direction so I'm limiting my confidence in my stance. Certainly, government claims have backed off from what was originally being said (though the propaganda soundbites are still hanging about in the zeitgeist because it's easier to get people to believe a lie/falsehood than to disbelieve it once they've internalized it).
737  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 19, 2021, 11:42:42 PM
I was suggested the video by youtube earlier today. It says that half the falts are empty, even the most expensive ones. Someone pays 250 millions for a flat and never uses it, even once. What a waste !

It was also suggested that maybe it wasn't the best investment, because at first, with one such tower, it was "unique", but now, like you say there are several hundreds of them.

There's a glut of cheap money on the market. Everyone's looking at Bitcoin as tulip mania but nobody's looking at the elephant in the skyscraper.
738  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 19, 2021, 11:40:10 PM
maybe..the vibe from a promoter/re agent was that this is like owning a Picasso-something very unique and there are only about 400-500 apt total in skyscrapers like this (in NY).

Ah, so more like somewhere you can crash when you're in the vicinity.
739  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 19, 2021, 09:36:19 PM
I think moving these posts would suffice, tbh.

I'm fine with that. No difference as far as I'm concerned. I don't care to engage in those discussions particularly much. As far as I can tell, everyone is doing their best to get through this as well as they can and there is not enough quality data being collected to make more than an approximate estimation of the best course of action and that will vary for different people in different circumstances in any case. I find the hate that's being genned up around this situation to be very concerning, particularly as it accompanies a rush to curtail freedoms.
740  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 19, 2021, 09:18:27 PM
If AlcoHODL had left out the condescending rant against people who choose not to take the vaccine, he never would have triggered me. Plus he posted it here, instead of Bob's off-topic thread he was already aware of, because he's posted there before also. He knew EXACTLY what he was doing. And all you guys are applauding him for it.

This, basically.

Though I find more reprehensible those who are calling out those who responded to it. If you don't want counter-responses, don't post on controversial topics. Those who are crying that only their point of view should be expressed can go piss up a rope.

Whoever the hell is modding this these days should just delete the whole shebang, including this comment.
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