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1181  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 11, 2021, 12:44:33 AM
I was looking through one of my old collections of downloaded images and I found this gem.

I'll dedicate it to Mindrust.



 Cool
1182  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 11, 2021, 12:34:30 AM
This place was always special to me. Still salty about the you-know-what but I'll pop in from time to time.

Sorry it too so long so welcome you back. I was always a big Chartbuddy fan.

Hopefully you're considerably wealthier now (or would have been if not for that terrible boating accident).

... bring back ChartBuddy.

#bringbackchartbuddy

I'll second that. Can't you just start again from scratch?
1183  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 10, 2021, 07:32:17 PM
I have a great little truck.  Should last me 10 more years.  Assuming I can still buy diesel.

I haven't had a driver's license since 1966 but I've owned diesel generators.

A few years back we had a  so-called "energy crisis" and the price of gas and diesel went sky high.

I noticed that I could buy vegetable oil at the discount food store a lot cheaper than diesel.

Try doing that with gasoline. Alcohol is too expensive and illegal to distill at home in quantity in most places.
1184  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 10, 2021, 04:21:00 PM
Good morning Bitcoinland.

Down a wee this morning... currently $44535USD/$56504CAD (Bitcoinaverage).

Are we heading into a month of $4xxxx sideways just like the month of $3xxxx sideways we just endured?
____

All this talk of cars.

I can think of better things to spend my bitcoins on:

1185  Economy / Speculation / Re: My calculation and prediction this month btc on: February 10, 2021, 03:58:19 PM
...you can go play the lottery or cryptocurrencies and not invest in cryptocurrencies Bitcoin.

FTFY
1186  Economy / Speculation / Re: Top 20 days for Bitcoin on: February 10, 2021, 01:43:06 AM
...We will certainly keep the yearly streak alive for another day...

I don't think that's an issue any more. I can't see it ever going under $30k again.

Now it's about how many consecutive ATH jackpots we can ring up.
1187  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 09, 2021, 04:48:43 PM
Good morning Bitcoinland.

Another day, another ATH ($48216 Stamp), a nice little $3k correction to keep things honest, and a bounce more than halfway back up.... currently $46881USD/$59635CAD (Bitcoinaverage).

All is well in Bitcoinland. Go Bitcoin go.
1188  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 09, 2021, 12:24:06 AM
Hit $60165CAD (Bitcoinaverage).

Another milestone passed.

Go Bitcoin go.
1189  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 08, 2021, 05:02:57 PM
So Elon Musk promotes dogecoin but buys Bitcoin? And people still buy doge? Hmmmm

He didn't promote Memecoin. It was a joke.

I can't believe anyone actually took that shit seriously. They deserve to stay poor.
1190  Economy / Speculation / Re: Top 20 days for Bitcoin on: February 08, 2021, 03:31:15 PM
Waiting for midnight (UTC) to see our lovely shiny new ATH.

Isn't it time we stopped worrying about the consecutive 2021 streak?

I can't see it going under $30k now.

Onward and upward. Go Bitcoin go.
1191  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 08, 2021, 02:57:08 PM
A splendid good morning Bitcoinland.

https://www.youtube.com/watch?v=Pn59e0xAZAk

Woke up just in time to see us reach our new ATH ($44899 Stamp)... currently $43695USD/$55804CAD (Bitcoinaverage).

Getting closer to that 400 acres /w private lake.

Thank you Bitcoin.
1192  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 08, 2021, 12:55:01 AM
Why every time I come here shitcoins are being discussed on WO? Is it some kind of a trend?  Angry

Yes.. it's a trend.. it started in around 2013

 Tongue Tongue Tongue

Well, then I'm getting old and I don't remember a thing. I was here during the last cycles (first one under a different username hijacked later) but I don't remember such a thing. I remember troll hordes, beartards, FUD etc though...  Grin

The nasty shitcoinery we see here now is fairly recent.

During the 2 bubbles of 2013 the only shitcoin was Litecoin, which was basically an excuse to use GPU miners after ASICs made them obsolete. Nobody in the WO gave a shit about it or posted about it.

During the 2017 bubble the only shitcoin talked about was Rogercoin and later Craigcoin. Nobody really cared that much about Vitalikcoin. You might get the odd post about someone's favorite Anonymouscoin.

Now it seems every Tom, Dick and Shitcoiner wants to talk about their digital trash.

It's annoying.
1193  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 07, 2021, 04:43:29 PM
Good morn Bitcoinland.
Three seven nine seven five
(Bitcoinaverage).

Fight for forty grand
Is just barely beginning
Hold on to your hats.

It's time to move up.
Past the dirty thirties and
On to all time highs.

# /HaikuMode
____

Regarding the "selling" (actually spending) of Bitcoin:

There are two types of assets, appreciating and depreciating.

Bitcoin, land, fine art, and productive businesses (including tools) are appreciating assets.

Structures, new cars, hookers, blow and fiat currencies are depreciating assets.

Condominiums are a bad investment because they consist mostly of a depreciating asset (structure) with minimal appreciating asset (land). Add to that ridiculous "maintenance" fees and the fact you can't do what you want with your own property (in some places you cant even choose your own curtains or paint) and condos become an especially bad investment.

It's far better to buy a large tract of land with minimal structure, save a lot of money and have the freedom to do what you want with your property (within government restrictions). Of course you should pay cash. Paying compound interest for a mortgage or other financing negates the value of any investment.

Likewise, when you drive a new car off the lot, you suffer an immediate loss on your investment. If you live somewhere where you absolutely must drive a car, buy a good used vehicle for cash from a motivated seller and maybe you can resell it later for a higher price than you paid.

Trading an appreciating asset like Bitcoin for a depreciating asset like fiat currencies is just pain stupid unless it's to immediately flip the fiat for an appreciating asset or necessity.

Personally, I'll never sell more than 20% of my Bitcoin and that will be to make a solid investment. I'm currently eyeballing an almost 400 acre pristine forest property with a 21 acre spring-fed private lake completely within its boundaries. No structures (yet!) and ultra-low taxes. I believe covid-related business losses are the source of vendor motivation. Maybe some day I'll sever some building lots along the road frontage and sell them with vendor-take-back mortgages. Then I'll be earning compound interest.

Play it smart. Don't spend your precious appreciating bitcoins for depreciating fiat without an immediate fiat exit strategy.
1194  Economy / Speculation / Re: Top 20 days for Bitcoin on: February 07, 2021, 10:47:19 AM
Top day against the Euro!

All top 3.
1195  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 07, 2021, 01:04:24 AM
Great line from Tim Draper:

Quote
"I'm actually just buying more [Bitcoin]... I have no interest in ever selling my #Bitcoin for dollars. Why would I take the currency of the future and sell it for the currency of the past?"

https://cointelegraph.com/news/btc-billionaire-tim-draper-to-elon-musk-i-d-buy-the-tesla-cybertruck-with-bitcoin
1196  Economy / Speculation / Re: My btc price calculation theory and future of btc on: February 06, 2021, 05:13:10 PM
Money laundering with Bitcoin? LOL

Is that supposed to be some kind of retro FUD humor attempt? Why not mention kiddie porn, drugs, and terrorist financing?

That's so 2012-2013.

 Roll Eyes
1197  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 06, 2021, 04:02:19 PM
$41k Stamp
1198  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 06, 2021, 03:24:18 PM
Good morning Bitcoinland.

Finally back up over $40k and rising... currently $40585USD/$51800CAD (Bitcoinaverage).

We should see a new ATH soon.

Go Bitcoin go.
_____

It's nice to be back over $50kCAD again. It has a nice ring to it.


Lawl. The reason I don't have this loser on ignore is that he's so ridiculous that he's comical.

I'd also guess he's full of shit. Since 2009 but didn't sign up until 2016?  Grin

Constantly looking for any excuse to put down Bitcoin and promote shitcoins? Sounds like no-coiner envy to me.

Hilarious.

 Smiley Wink Cheesy Grin Cool Roll Eyes Kiss
1199  Economy / Speculation / Re: Don't be surprise to see price of btc drop this week on: February 06, 2021, 12:48:53 AM
What surprises me the most is how many people still wish for the price to drop and mask it as speculation!

I think they're just trying to rationalize their misguided belief that Bitcoin is somehow like the stock market and can be predicted by TA.

It's mostly noob behavior. After they've ridden the roller coaster a few times, they smarten up, quit tarding, accumulate Bitcoin and hodl.
1200  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 05, 2021, 08:44:21 PM
Its not about (some shitcoin) !!!!!!!!!!1  ... Its about an a$$hole billionaire that f^cks up an organic market and creates chaos, panic and losses.  I barely made mine back after an extra day of work. But there are many that lost all their sh!t or got rekt out of proportion!   Tongue  Roll Eyes

If you didn't sell any Bitcoin or mess around with garbage coins, you wouldn't have to worry about making anything back. Just hodl your bitcoins and enjoy getting rich.

All Musk was doing was having fun playing with the kind of fools that trade shitcoins. He even chose the most ridiculous one for his hilarious little game.
_____

I agree we have to get all the shitcoin talk into the shitcoin speculation folder and out of the Bitcoin speculation folder, especially WO.
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