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1781  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 08, 2020, 07:38:10 AM
On the subject of Sean Connery/007, have you heard that the next James Bond will be a black woman, Lashana Lynch?
She sees it as "challenging stereotypes" and "is greatful to challenge these narratives". We are moving away from a poisoning masculinity, she says to Harper's Bazaar.

Don't they realize that James Bond is so popular because he is a stereotype?
Remove the stereotype and there is no James Bond. This is going to end up a disaster, go woke, go broke.

Oh no. Please. Don't do this!
1782  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 07, 2020, 11:30:23 AM
I should've known better than to chime in to that discussion. Politics is too divisive.
I'll try to keep it to bitcoin as much as I can help it.  Smiley

I'm OutOfMerit
Wait, considering a nickname change... nah! Not really  Grin Cheesy

However, i'd give them all to you for this post.
So here's all my +WOsMerit  Smiley

Too busy with work and life lately... Can't really read WO properly...

So, take some, and spread them as you wish.

Take care all WOers.
1783  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 06, 2020, 06:03:25 AM
The first time I ever heard of The Weeknd (that's his full name, "The Weeknd") was in that Uncut Gems movie with Adam Sandler. That was a weird and somewhat intense movie, I watched it twice. The Weeknd seems kind of like an a-hole though... He threatens to not perform if the house can't turn on the blacklight, then he hits on Adam's girlfriend while on coke. I don't blame him though. She was hot AF.



It's in my to-watch queue. Been there for ages. Should be a good movie. Your post reminded me of it. Will watch tonight, after doing that dreaded PP presentation...

It's good that all mini-corrections are not strong enough to significantly reduce the price. Number go up, and FAST!

All good, looking fwd to post-ATH Carolina memes!

Onwards & upwards.

HoDL.
1784  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 05, 2020, 04:49:00 PM
It may sound a bit extreme, but...

What if, in 10 years' time, all who sold in 2020 are labeled the new "pizza guys"? Remember Laszlo Hanyecz?

Jimbo gets it. Don't sell if you don't need to. Got a job? Got incoming fiat to cover your daily expenses? Then why sell? Instead, put any spare change in BTC and slowly increase your stash.

I put some fiat I had left in a bank account in BTC, back when it was around $6k. Now I can sell it, buy a shiny new Sony α7R IV, and still have the same amount of fiat I had before. But I won't, because I don't really need the Sony, not just yet. But soon...

Sell when you must.
Buy when you can.
HoDL what you have.
1785  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 05, 2020, 04:14:50 PM
ΟΚ... This is good.

Still busy. Quickly browsed WO before checking price, and I knew what to expect.

WO pages go up, number go up!

When BTC/WO page parity? 2020? Maybe. 2021? You bet!

No choo-choos. No Carolinas. I guess we need an ATH for that.

Man, itching to make that "FUCK YOU!" slide in the presentation... OK, not just yet, but soon.

HoDL strong WOers.

Onwards & upwards!
1786  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 03, 2020, 08:15:55 PM
The only thing I’m interested in is President PUMP

Yeah, he's been president since 2009...

On a serious note, I'm impressed by the fact that every one of the recent dumps has been counteracted by an equal and opposite pump, resulting in maintaining a level around $13700. Some may have been expecting a bubble to pop, but it didn't happen. Nice one. Shows that the price is solid.

Go, Bitcoin, go!
1787  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 03, 2020, 05:41:29 PM
Hey WO guys 'n' gal. Been really busy lately, preparing a PowerPoint presentation for the board of directors. Reason: to impress them with one of my designs. Problem is, most of them aren't capable of understanding how it works (math & science), so I have to "dumb it down" to their level. All the while, I'm looking at the BTC chart, thinking... If only BTC/USD was $50,000+ now, my presentation would have only one slide, with the words "FUCK YOU!" in it. I'm enjoying my work greatly, I can't complain, and maybe I'm being a little too unfair to be honest, but it's situations like these that make me want to get out of it all and do my own thing without having to prove anything to anyone. Fuck this shit.

Could only browse through the many pages very quickly, I see lots of long posts by valued WOers that I greatly respect, surely lots of meritable posts there, but just too busy to read properly. The one with the hollow-headed Calvin Ayre was funny and so true, thx dude!

Keep it up guys, HoDL strong, the trend has always been positive, dumps are just outliers. Slow 'n' steady.

GTCTTWW.

Onwards and upwards!
1788  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 02, 2020, 06:34:24 PM
I was denied (re-)entry to a bar once after I got out 2 minutes to make a phone call because I had no network connection inside. The security guy called his colleague on his intercom to actually go and check out if my jacket (having my ID in it) was indeed hanging inside.

I think I was about 25 years old, and by the way, this was in a beer cellar somewhere in Munich, not in the US.

Soon we will all be chipped, so you won't have such problems. See, the state is taking good care of us.

HoDL BTC.
1789  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 02, 2020, 12:20:16 PM
Let me share a curios and a little unpleasant story. In my country, a large part of the population ID's expires this year. The government has decided to extend this period by another year due to the covid crisis and to avoid crowds. So far so good. But I started receiving letters from all crypto exchanges that my ID has expired. And now I have to write letters to the support, to explain myself to them to give me access to my accounts. I do not currently have access to any exchange and I have to wait days, probably weeks for this issue to be resovled. This sucks.

I was denied a credit card because my DL was expired, even though my passport was valid. What does driving have to do with credit??? My bitcoin wallet never expires.

I was denied entry to a bar once because my DL had expired. I was 29 at the time.

My ID application was (almost) denied once, because the medical certificate to confirm my blood type was older than 6 months. I asked the lady if she thought my blood type could have changed since the test was done. She stared at me for 15 seconds. Then she accepted my documents.
1790  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 02, 2020, 11:09:05 AM
Let me share a curios and a little unpleasant story. In my country, a large part of the population ID's expires this year. The government has decided to extend this period by another year due to the covid crisis and to avoid crowds. So far so good. But I started receiving letters from all crypto exchanges that my ID has expired. And now I have to write letters to the support, to explain myself to them to give me access to my accounts. I do not currently have access to any exchange and I have to wait days, probably weeks for this issue to be resovled. This sucks.

This illustrates the power of Bitcoin. You only need your keys, which never expire, and you can do anything you please with your coins, as long as you don't mix fiat with it. The moment you link it with the tradidional fiat system, you need IDs, KYC/AML authorizations, paperwork, jumping through hoops to prove who you are and how you got the coins, etc...

Maybe you could send the exchanges an official government link and/or an official government-issued document that announces the expiry date extension due to COVID-19 safety concerns. My guess is that they will accept it, if it is an official document, even if it's in a foreign language.
1791  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 01, 2020, 10:15:35 AM
In twenty-thirteen,
When Bitcoin was far from green,
A new thread was born.

Bitcoiners could chat,
About pumps, dumps, this and that,
Observing corn price.

It slowly evolved,
Proving order can exist,
With no fucking rules.

A strange place indeed...
Carolinas and Choo-Choos,
Are commonplace here.

Everyone's welcome,
From noobs, to legends, to trolls.
Free love, green dildos.

It's all up to you,
Will you be getting a hat?
Or a rusty pipe?

Many came and went,
But only the best remain,
In Wall Observer!

#7wohaikus
1792  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: October 31, 2020, 07:13:22 AM
– 8. When it comes to Bitcoin, "invest what you can afford to lose" may not be the best advice for a newbie...
– 9. By the time Bitcoin is widely adopted, many, if not most, of the current Bitcoin small players will own almost zero coins (and will be well alive to regret it).
– 10. Most of the coins of [9] will end up in the hands of hundreds of Michael Saylors, with Michael Saylor being the best of the bunch.

Over the years, my thinking has kind of evolved regarding these points (especially 8 & 9), and I would not even suggest that I am any kind of sage on the topic, even though I have given considerable thought to matters of allocation and tailoring investments to personal circumstances based on experiences and also attempting to extrapolate in terms of how some variation of my experiences might play in terms of the situations of others (especially trying to consider the situations of normies, but not exclusively preoccupied with normies who might not be motivated to put some self-directed efforts into figuring out and employing their investment approach).

So there are a few points that I can elaborate on here:

1) Establish a target BTC investment that is based on your personal circumstances (maybe easier said than done) - taking account each of the circumstances of: cash flow, other investments, view of bitcoin as compared with view of other investments, risk tolerance, timeline, and time skills and abilities to plan, learn along the way and to reallocate including trading etc;

2) Surely, not investing more than you can afford to lose is a good concept (make sure that you have your cashflow covered for 6 months or longer and and also consider having an investment timeline that is at least 4 years, and safer to hav a longer investment timeline, like 10 years or longer).  Thereby, I am thinking that once target investment is established, there can be some value in thereafter overinvesting a bit beyond your preferred allocation target level will make it easier to skim off some profits along the way up (in the event that BTC prices go up - but surely only very small amounts that allows the vast majority of the investment to continue to ride for the longer term) and cause some increases in psychological and financial comfort levels, and this should help the prudent peeps from selling too much of their coins too soon.. in order to at least attempt to lessen issues with the problems that you, AlcoHoDL outline in your point 9;

3) actually regarding issues raised in your point 10.. who fucking cares what other people do or if some people might get a BIGGER stake? - that is the way the world works with the rich being able to exploit situations, and the best that you can do is to attempt to tailor your investment situation to your own circumstances and attempt to learn from others to the extent that might be possible or applicable (by the way, AlcoHoDL, I am not criticizing your ideas specifically because I recognize that you know the deal as well as most of us (if not better), so I do realize that you are NOT obsessed with what other people do with their coins but that you were merely trying to illustrate the blunt reality of how the rich are likely to take coins from the weak hands by hoarding coins once they figure out the importance of BTC.. and the weak hands (or would we say dumb money) are likely NOT able to recognize the value of the asset that they had previously purchased).

We largely agree, but just a few points...

1/2. I wouldn't want anyone to take my points as investment advise. "Invest only what you can afford to lose" is great for most people, and a safe(r) approach to investing. But sometimes one must take risks. That was the point I was trying to make, which I'm sure you're aware of. Risk is what distinguishes the smart from the lucky. You can play the lottery for $2 and win millions risk-free, but that doesn't mean you're any smarter that the average person—you just got lucky. For traditional investments, that motto is very good advice. But here we have something that has the potential to change everything. In such cases, and when one truly recognizes said potential, one may consider deviating from that rule and take a little (or a lot) more risk. History has shown that, in the case of Bitcoin, that was a smart (and not lucky) move.

3. About my points (9) and (10), I didn't mean to imply that I care about what others do, or want to preach to others how they should use their coins, or their fiat, or whatever. Not at all. I'm merely observing what is happening, as your small-letter text correctly states. This is how the world works. In the beginning of the Bitcoin era, maybe up to triple-digit prices, there were lots of small players owning hundreds or even thousands of BTC (we all remember the pizza story). As we move on to the present, we see a shift of coins to big players with the cash to be able to do it. And I'm not only talking about newly minted coins. Many of the coins that are going to end up in the hands of big players are "old" coins. They are (and will be) yours and mine. Many small players (that's us) will eventually sell their coins way too early for different reasons. This is understandable. We all want to enjoy life and do things we couldn't do before. Lambos, hookers, blow and all. So, I conjecture that many of the small players (that's us) will slowly become later versions of Laszlo Hanyecz, selling our precious coins for fiat peanuts, while the smart guys in the room buy them from us. I'm sure those two pizzas tasted good. And the Lambos, hookers and blow will feel great...

Just observing... Not criticizing...
1793  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: October 30, 2020, 05:30:52 PM
Yeah, about Brad's post...

I've said this before. Back in 2015-2016, my friends and colleagues laughed at me for "buying expensive air", when I bought my first coins. They called them "coupons" and "tokens". But fiat was not air/coupons/tokens to them... That's the degree of brainwashing in most people (so sad, but so true...). Funny thing is (was) that they kept saying this, even after the price rose from $200 to $1000+. Was, because after it climbed to $5000+, some (not many) started reluctantly asking me for more information about Bitcoin and how to invest in it. I just replied "Google it." And some did, but found it confusing and difficult to understand. Now they don't laugh, but just look at me with envy. I feel they want to ask me 1000 questions about it, but their ego doesn't let them. Some of them remind me of r0ach...

11 things I can say from past experience and intuition:

– 1. We're all early adopters. Even those buying now are early adopters. Some are just earlier than others.
– 2. This is just the beginning.
– 3. Bitcoin is now where the internet was, just after the BBS & 2400 bps V.42bis modem era.
– 4. To see where Bitcoin will be in 5-10 years' time, just see where the internet was 5-10 years after [3].
– 5. Hint for [4]: my current internet connection is 100,000,000 bps. Just replace bps with $.
– 6. It was foolish of me to disclose my BTC holdings to certain people.
– 7. Not going all-in in 2015 was, perhaps, the biggest mistake of my life (see [8]).
– 8. When it comes to Bitcoin, "invest what you can afford to lose" may not be the best advice for a newbie...
– 9. By the time Bitcoin is widely adopted, many, if not most, of the current Bitcoin small players will own almost zero coins (and will be well alive to regret it).
– 10. Most of the coins of [9] will end up in the hands of hundreds of Michael Saylors, with Michael Saylor being the best of the bunch.
– 11. We will still hang out here in WO when 1 satoshi = $0.01.

Some of the above may not make much sense, but that's the way I see things.
1794  Economy / Speculation / Re: Abandoned military sites: Part I on: October 30, 2020, 11:45:13 AM
A small selection of abandoned military facilities of the past Offtopic...

[...]

Nice collection. Another one worth viewing is the Soviet Union's version of an "Ekranoplan", a type of flying ship that uses the ground effect to effectively "float" a few meters above sea level.

The 242-foot, 400-ton MD-160 was the sole Lun-class Ekranoplan built by the Soviets [1]:



Aerial view [2]:



Sources: [1], [2]



Edit: Here's a satellite photo of the Lun-class Ekranoplan shown above, at Kaspiysk (currently Republic of Dagestan, formerly USSR), from Bing Maps [Coordinates: 42.881692, 47.656986]:



I initially visited Google Maps, but couldn't spot it... Googling about it, I found out that on 31 July 2020 the Lun-class was towed from Kaspiysk to Derbent, Republic of Dagestan, where it will will be put on display at the (future) Patriot Park on the Caspian Sea [3], [4]. Google Maps must have recently updated their satellite images, and show the, now empty, dock platform.

Sources: [3], [4]
1795  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: October 28, 2020, 08:18:48 AM
HoDLing Bitcoin and getting rich because of it is not luck.

Luck is when you buy a lottery ticket for $2 and win millions.
Luck is when your father is Jeff Bezos.
Luck is when you inherit some lost uncle's fortune.
Luck is when you happen to be outside when the building collapses.

When you are a normal person, with a normal job, and you risk investing your savings (which took years of hard work to accumulate) in Bitcoin, and slowly build up your stash by adding to it whenever you can, and HoDLing strong through years-long bear periods, all because you believe in what Bitcoin stands for, and see how disruptive and revolutionary this thing is, and then it goes to the moon and you become "fuck you" rich, then, no, it's not luck! It's using your brain and your ability to see the future, not because of some supernatural ability, but by believing (or, even better, understanding) the tech and the mathematics & science involved.

This is who you are, HoDLers:



Edit: Corrected typos.
1796  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: October 27, 2020, 05:51:45 PM
i'd say (as i did before) Q1 2021 will break the ole ATH.
Once 20k is broken, FOMO might kick in  Cool

I like your way of thinking...

In the meantime, take some disco tune to go along with the pump.

https://youtu.be/UbYQErtM9Zk

Guys, this is only the beginning. We haven't even started!
1797  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: October 27, 2020, 03:39:23 PM
LFC Bitcoin Price IndicatorTM: $79* (58% gain)

Doing great. Go, Bitcoin, go!

* Explanation.
1798  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: October 27, 2020, 05:15:04 AM
About mindrust, on a serious note, I just can't understand why he did what he did. I would expect such panic selling from a newbie, someone who doesn't know much about Bitcoin, like my mum & dad maybe. But the picture I had of mindrust, was of a seasoned, experienced player. And sell 10 BTC @ under $4000 a piece to get what? $40k? Does that justify losing the chance of a lifetime?

[ --- insert Capt. Picard facepalm meme here --- ]

He was (is?) a true Masterluc disciple, that should explain it all.

Fair amount of wo'ers were buying during that crash or posting memes but mindrust was trying to time the bottom with the help of Masterluc. 

Yeah, I forgot about Masterluc... It's sad really... Instead of reading the White Paper and understanding the tech and its implications, one blindly follows a fortune teller with a crystal ball telling him what to do.

BTW, what a nice-looking 5-minute chart! Smooth, gradual, healthy growth.

HoDL.
1799  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: October 26, 2020, 08:01:10 PM
About mindrust, on a serious note, I just can't understand why he did what he did. I would expect such panic selling from a newbie, someone who doesn't know much about Bitcoin, like my mum & dad maybe. But the picture I had of mindrust, was of a seasoned, experienced player. And sell 10 BTC @ under $4000 a piece to get what? $40k? Does that justify losing the chance of a lifetime?

[ --- insert Capt. Picard facepalm meme here --- ]
1800  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: October 25, 2020, 01:30:49 PM
We want adoption,
And when we have adoption,
We say "no" to it.

Bitcoin is open,
But when others use Bitcoin,
We don't want them to.

Bitcoin is trustless,
But when others trust Bitcoin,
They're untrustworthy.

Bitcoin's just a tool.
It will be used and abused.
This is how it is.

True warriors fight,
Any and every battle.
PayPal too, you fucks!

Protecting a bull,
By keeping it in a cage...
...is fucking pointless.

So let it run wild,
And show all what it can do.
The strongest survives!

#7adoptionhaikus
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