Wall Observer BTC/USD - Bitcoin price movement tracking & discussion

[Elwar]

This looks interesting! More info on this?

We are still in the pre-announce stage but the design and location are taking shape.



We are shooting for a cost of around $5 million offering 50,000 shares of $100 each. The initial businesses on the platform will be part of the company and boat slips will be paid to the company with the profits going to the shareholders.

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[Fatman3001]

This looks interesting! More info on this?

We are still in the pre-announce stage but the design and location are taking shape.



We are shooting for a cost of around $5 million offering 50,000 shares of $100 each. The initial businesses on the platform will be part of the company and boat slips will be paid to the company with the profits going to the shareholders.

That looks awesome!

Have you gotten a quote on how much it will take to get those poles in place?

[ChartBuddy]

Coin
Explanation

[JorgeStolfi]

We are still in the pre-announce stage but the design and location are taking shape.

We are shooting for a cost of around $5 million

Have you asked for a professional estimate of the cost of that project?

Building costs for a low rise office building (excluding furniture) in central US are about 150 $ per ft² of floor area.  The central building in your project apparently has 3 floors, each with at least 100 x 100 ft², i.e. some 30'000 ft² total.  if it were built on land it would cost at least 4.5 M$.  Now consider how much more expensive it is to build something on a hurricane-swept platform at sea, far from any industrial port.

But OK, you may be aiming to build only one 5'000 ft² platform, without the superstructure.  Even so, you may be underestimating the cost by an order of magnitude.

You may consider buying a second-hand outfit to begin with:

http://www.seasteading.org/2011/11/for-sale-well-maintained-20-room-platform-sale-panoramic-sea-views-and-a-heli/

EDIT: On the other hand, people who can afford an antigravity flying yacht can surely afford an apartment on a sea platform.  

[ElectricMucus]

This looks interesting! More info on this?

We are still in the pre-announce stage but the design and location are taking shape.



We are shooting for a cost of around $5 million offering 50,000 shares of $100 each. The initial businesses on the platform will be part of the company and boat slips will be paid to the company with the profits going to the shareholders.

Oh my, this gonna be a good laugh.
Can't wait for Galt's Gulch to take shape!

Created a wiki yet?

[JimboToronto]

Good morning Bitcoinland.

Still over $230 I see. A little sideways after each step up is a good thing.

With month-end expenses to pay, this is a bad time to allocate funds to buying dips anyway.
_____

Happy International Workers' Day everyone.

Do self-employed people and employers count as workers? They probably work at least 3 times as hard as employees.

I may be an old age pensioner but I still work my butt off.

[ChartBuddy]

Coin
Explanation

[Elwar]

We are still in the pre-announce stage but the design and location are taking shape.

We are shooting for a cost of around $5 million

Have you asked for a professional estimate of the cost of that project?

Building costs for a low rise office building (excluding furniture) in central US are about 150 $ per ft² of floor area.  The central building in your project apparently has 3 floors, each with at least 100 x 100 ft², i.e. some 30'000 ft² total.  if it were built on land it would cost at least 4.5 M$.  Now consider how much more expensive it is to build something on a hurricane-swept platform at sea, far from any industrial port.

But OK, you may be aiming to build only one 5'000 ft² platform, without the superstructure.  Even so, you may be underestimating the cost by an order of magnitude.

You may consider buying a second-hand outfit to begin with:

http://www.seasteading.org/2011/11/for-sale-well-maintained-20-room-platform-sale-panoramic-sea-views-and-a-heli/

EDIT: On the other hand, people who can afford an antigravity flying yacht can surely afford an apartment on a sea platform.  

One of the partners is a developer who has done similar projects and is very active in the seasteading community. He has been working with the designer to come up with something within the goal.

We are not looking at US prices and labor costs. The initial floating platform costs were low but I am sure we will likely see many more costs when the Bahama government comes into the picture.

[dakota neat]

welcome to bear trap, gentleman. hold on your butts.

[sAt0sHiFanClub]

I think bitcoin be  more like.....



We are very much in the hangover stage.

[bitebits]

I think bitcoin be  more like.....



We are very much in the hangover stage.

You have to think big (zoom out), we are in between 0 and 1.

[gentlemand]

I think bitcoin be  more like.....



We are very much in the hangover stage.

You have to think big (zoom out), we are in between 0 and 1.

The million BTC question is whether it'll largely leave being considered an asset or not. I'm guessing not.

[ChartBuddy]

Coin
Explanation

[sAt0sHiFanClub]

You have to think big (zoom out), we are in between 0 and 1.

You missed years 2009 - 2013 ? 

[gentlemand]

You have to think big (zoom out), we are in between 0 and 1.

You missed years 2009 - 2013 ?  

How many people did it involve though? Maybe a few hundred thousand at best. That's still under the radar in many senses.

It's been a most impressive run, but still nothing more than a pimple that popped compared to 'proper' markets. The dotcom bubble was in the trillions.

[ChartBuddy]

Coin
Explanation

[bassclef]

I think bitcoin be  more like.....



We are very much in the hangover stage.

You have to think big (zoom out), we are in between 0 and 1.

Yeah these patterns are fractal. They happen on the 1h, daily and weekly charts. The longer timeframes are more reliable.

[ChartBuddy]

Coin
Explanation

[derpinheimer]

I think bitcoin be  more like.....



We are very much in the hangover stage.

You have to think big (zoom out), we are in between 0 and 1.

Yeah these patterns are fractal. They happen on the 1h, daily and weekly charts. The longer timeframes are more reliable.

[Wekkel]

Plan still moving ahead.


From Feb 2015


Nothing changed.

The waiting is the hardest part