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521  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 17, 2021, 01:27:16 AM
I wouldn't give a single sat to anyone who doesn't deserve it, especially family members. I'd say "get on your bike and work for it."

No free lunch for anyone.

Whoah, be careful there, please don't let the richness go to one's head.

While I will say that investing in bitcoin was a wise idea and whatnot I like to remember that there were several flunks before bitcoin and several dodged trains that could have resulted in any of us cashing out our stash early so luck and chance did play a part in building the stash....

Well, I believe luck and chance did play a part in building MY stash. If I hadn't quit that weird job next to the coin shop when bitcoin was $600 a coin I might have traded far more of it for gold. If I had converted all the coin to cash when I got it life would now suck. If I wasn't able to borrow cash to cover some expenses I might have sold more at $2k.

That 5k and 1btc to my idiot brother? If I hadn't found out what he truly values I might have sunk several hundred K into that abortion of a divorce. As is I was really lucky to learn that lesson for such a small amount.

So yes luck and circumstance did play a part in my getting to where I am along with brains and effort.

Not that I believe people deserve claim to my or anyone's coins simply due to their need, but it wasn't quite a case of me being a mastermind either...

522  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 17, 2021, 12:19:04 AM
Your first mistake: telling your family that you own bitcoin.

Your second mistake: selling your bitcoin to give money to your sister.

A third mistake you can't do anything about: having a Socialist for a dad, and a sister who is broke.

No shit. I loaned my moron brother $5k to save his house years ago, cashing in a bitcoin at around 3k to do so. He not only never paid me back but got a divorce that's so expensive he's asking everyone for money. Screw em.

Never loan money to family. Either give it with no strings attached or don't.
523  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 17, 2021, 12:17:18 AM
As I was just about to turn of my computer I saw that my offer on this gem was accepted.
A 1977 Estes X wing.
Those were so hard to build! God I remember them.

Of course the Astron Omega was a hell of a rocket as well....
524  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 16, 2021, 09:57:12 PM
Yeah, we're poor again. God it sucks.
525  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 16, 2021, 09:11:04 PM
I bought myself a model rocket from the UK today, decided to start launching rockets again, something I did when I was younger.
It's gonna be interesting to see what the customs fee is, if any, now that brexit is done.

When I was a kid I used to make rockets out of paper towel tubes and one time I ran out of wadding so I substituted tissue paper (woops i was a dumb kid) So when the cone shot off the rubber band melted and the rocket fell to the ground while the parachute with the cone floated in the sky till I couldn't see it and was gone.

Now here is the fucking sick part!

I got home and the cone was sitting on the front walk to my front stairs!!!

you just can't make this shit up!

Reality is a really weird place to live. Smiley
Nice. I used to do Estes rockets, loved the Scrambler (3 C engines) then I got into Aerotech bigger rockets with the F and G engines. Still have one in my closet along with a few motors, wonder if I can still get them.

I could get back into that as a hobby, although since I'm a pilot I now have to follow all FARs.
526  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 16, 2021, 03:40:50 PM
Interesting. I was updating Quicken and tried a few future values for bitcoin to check my net worth. Apparently you can not have a security worth more than 99 million dollars a share without Quicken blowing up.

They had better fix this bug. Soon.
527  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 16, 2021, 01:45:07 PM
Now that the 50k cherry has been broken we can expect it to peep above again, then again, then we will all be bitching about how it just won't break the mark to 60k.
528  Alternate cryptocurrencies / Mining (Altcoins) / Re: Is still profitable to buy an Antminer L3+ in 2021? on: February 16, 2021, 01:40:44 PM
Of course it will grow. And people will turn off their miners and complain about how they will never make ROI. However consider this: If you had bought an S9, and run it non-stop through the past couple of years through bitcoin crashes and peaks you still would probably have beaten the ROI numbers at 50k a coin.

I have not done the calculations for a Neptune or even a Titan (previous generation technologies) but I'm guessing even those may show a positive ROI over the years. An L3 is pretty recent technology so it might be worth it.

529  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 16, 2021, 12:16:58 PM


Time for some astronaut images here.
530  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 16, 2021, 02:25:36 AM
I hope Bob is ok there in Texas.

My brother has been sending pictures all day. I had to give him some Panama advice on how to keep your phones charged when you have no power for days.

Charge with your laptops.
Turn off phones when not in use.
Last resort, charge them in your car with the car running.

This is where having a hybrid of any kind totally rocks: You can turn them on and they will run the 12 volt line off the battery till the battery is low, then turn on the engine for a short time to do a quick recharge. I've run a fridge and other key elements (chargers) for days off a Prius+1000 watt inverter, the thing is like the ultimate gas generator with a 10 gallon tank.

531  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 16, 2021, 02:23:02 AM
Yeah but propane prices are through the roof rn. What happens if they keep going up?

Firewood is always my favorite. You can cut up the trees and split the logs yourself, with a solid splitting maul and a 16 pound sledgehammer any log will eventually break.

Pellets are also a pretty good choice, damn little pellet stoves put out a *lot* of heat and you can store a pallet or two for the ass end of ever. They do require a small amount of power so either have a good UPS, a properly sized powerwall or a small generator outside. In a pinch you could get a 500 watt inverter and run them off your car battery, charging with the engine. If you have a hybrid or an EV you are totally set for days.



532  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 16, 2021, 01:18:34 AM
Always make sure your house has a fireplace. Friend in Texas is -3 temps and no power. A miserable heat pump won't do squat in that case.
533  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 15, 2021, 05:50:57 PM


I think I actually still have a bit of bitcoin on a couple of pools. Though last time I tried to spend some of the dust I'd accumulated (p2pool), the fees were ridiculous because of so many inputs (and mempool madness, of course).

*SNORT* Yeah, I remember that. And when people were bitching about how miners would never make ROI at $800 a coin.

Ah well. The interesting question is if you had kept say a Neptune mining 24*7 through all the difficulty changes and price changes till today if it would have been profitable over the time period.
534  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 13, 2021, 04:38:36 PM
Loved this nice piece of Art. Deserves 1 Merit.

I like it, but to be honest if you have any bitcoin, even a stack of sats you are a serious winner. The desire and intention to opt out of bullshit fiat is a serious win.
535  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 12, 2021, 10:18:31 PM
Normal girl explains what's going on with the stonk market:

https://twitter.com/avalonpenrose/status/1354496683938201600

She nailed it.

I think it's time to sell stocks.
536  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 12, 2021, 01:17:32 AM
Fired up a browser on a computer I haven't used for a few months and checked bitstamp's price on bitcoinwisdom.io. Computer chirped and screamed at me and I realized I had set a high alert on it.

$20,000. Remember when we all wondered if Bitcoin would ever break 20k? Ah those carefree days of like a few months ago.....
537  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 11, 2021, 04:05:35 PM
Novation J-Cat 300 baud one here, titty cups, ran it on the Atari 800 if I recall. I still have it somewhere....

538  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 11, 2021, 12:45:58 PM
Mathematically, deflation is unsustainable due to the infinite nature of having no cap. Once it gets so popular that miners decide to mine more doge, the market will quickly start diluting the price. Once the price dilutes, the people will start swapping it for Bitcoin.

"Mine more doge"? Regardless of the number of miners there is still 10k DOGE being created every minute, correct?

It looks like 60% of all DOGE ever minted (>124 billion) are controlled by a dozen addresses with one address (active) controlling 24%. If that isn't an artificial pump and dump playground I don't know what is.

As they say: Have fun being poor.
539  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 10, 2021, 04:32:43 AM
Fortunately those items would be DOA: One of the nice things about being in a plutocracy is that the wealthy will NEVER harm themselves. So anything more than a token increase in CG isn't going to happen, and wealth taxes won't happen either.

Methinks you underestimate the threat of populism. Politician's pockets may be lined by the rich, but they're ultimately voted in by the public (electoral fraud notwithstanding).

Hm. Populism is probably not a major issue to holders of wealth since the people who fall for it are easily led into more productive avenues such as hating (insert appropriate rage topic) instead of the wealthy. They will do this while electing plutocrat "populists" to power (see Perot, R.; Trump, etc) and support them while they vote 2t tax cuts for the "wealthy" right in the middle of it.

There is a hook of "we'll get you something from "those" people, but those who believe they can get "something for nothing" are without a doubt the easiest marks for traditional confidence games. As a citation, see GSE, recent Doge/silver pumps, and Wall Street "Bets"....

While there are exceptions (see revolution, French) it seems that what is substituted into a populist movement is a sanction for someone to hate. It's been this way since William Jennings Bryan and the ole Cross of Gold.

So unless you totally blow your populism movement I don't think it's a problem. Such movements just fall apart under the weight of the scams perpetrated upon their members (cash 4 gold, beet juice, ethereum, etc)

Edit: Cleaned this up a bit. It's a complicated topic but I have noticed that populist movements get hijacked pretty quickly to serve other ends (see Christ, J., American Revolution, French Revolution, Russian Revolution, etc)
540  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 10, 2021, 03:51:27 AM
If wealth taxes start being egregious, it might be time to consider an exit. Lots of countries where your money will go a long way.

Agreed.  It's amazing how far your money (or Bitcoin) goes in some other beautiful places in other countries.

My exit strategy is planned, locked, and loaded.

Talk to people here who went to some of these "beautiful countries" (Panama? Thailand?) where they barely escaped with their lives.

Things can be... complex... out there.
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