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

[macsga]

Coin
Explanation

"May it please heaven that the reader, emboldened and having for the time being become as fierce as what he is reading, should, without being led astray, find his rugged and treacherous way across the desolate swamps of these sombre and poison-filled pages."

Congrats for the great post. Never EVER thought that I'd read something from Comte Lautreamont within this WoT. That surely adds special gravity.

PS: For the remaining ignorants:

Insolent and defiant, the Chants de Maldoror, by the self-styled Comte de Lautréamont (1846-70), depicts a sinister and sadistic world of unrestrained savagery and brutality. One of the earliest and most astonishing examples of surrealist writing, it follows the experiences of Maldoror, a master of disguises pursued by the police as the incarnation of evil, as he makes his way through a nightmarish realm of angels and gravediggers, hermaphrodites and prostitutes, lunatics and strange children.

https://books.google.com/books?id=SOmrCPKA-3kC&redir_esc=y

[1714197148]

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[1714197148]

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[yolalanda]

... sombre and poison-filled pages."

Poisoning minds since 1868^TM

*Tho some are clearly immune

... [blablabla...]

[Fatman3001]

... sombre and poison-filled pages."

Poisoning minds since 1868^TM

*Tho some are clearly immune

... [blablabla...]

Just take your crazy pills and you'll be too.

[ChartBuddy]

Coin
Explanation

[muyuu]

If that's something that gets you 350m viewers worldwide, then that's what you air.

It doesn't though. Certainly not anymore in the UK and similar markets, and that's why the show moved elsewhere and it will likely disappear soon everywhere. It's a matter of muscle cars and bigoted jokes getting out of fashion worldwide as a consumer business.

Few Testarossas stayed with one owner for 30 years. Those who bought it new got what they wanted. Those who bought them dirt cheap 10-15 years ago got a taste of the dreams of their youth. And those who bought them as an investment at half the price they are now, got what they wanted. I've yet to meet an unhappy Testarossa owner.

In any event, the number of people who dreamt about buying one but never did, is roughly 100000/1. That explains the popularity of the show.

I did as a 10 year old, but then I grew up and when I could afford one I realised it was a daft idea.

The show is no longer popular where it originated. It declined to the point of being cancellable, admittedly a little prematurely because of Jeremy Clarkson being a bit too chavy for his own good.

[Fatman3001]

If that's something that gets you 350m viewers worldwide, then that's what you air.

It doesn't though. Certainly not anymore in the UK and similar markets, and that's why the show moved elsewhere and it will likely disappear soon everywhere. It's a matter of muscle cars and bigoted jokes getting out of fashion worldwide as a consumer business.

Few Testarossas stayed with one owner for 30 years. Those who bought it new got what they wanted. Those who bought them dirt cheap 10-15 years ago got a taste of the dreams of their youth. And those who bought them as an investment at half the price they are now, got what they wanted. I've yet to meet an unhappy Testarossa owner.

In any event, the number of people who dreamt about buying one but never did, is roughly 100000/1. That explains the popularity of the show.

I did as a 10 year old, but then I grew up and when I could afford one I realised it was a daft idea.

The show is no longer popular where it originated. It declined to the point of being cancellable, admittedly a little prematurely because of Jeremy Clarkson being a bit too chavy for his own good.

All good points and all true. I'm just happy that the last shows were better than most of the later ones. And that Clarkys charm and grace made sure that they went out with a bang [pun intended] rather than a fizzle.

[gentlemand]

Few Testarossas stayed with one owner for 30 years. Those who bought it new got what they wanted. Those who bought them dirt cheap 10-15 years ago got a taste of the dreams of their youth. And those who bought them as an investment at half the price they are now, got what they wanted. I've yet to meet an unhappy Testarossa owner.

I've owned a few borderline supercars but would never go overboard into a proper one. They invoke some violent reactions from people. And lower tier cars as an 'investment' rather than the blue chip stuff are a mirage if you own them for long periods. They'll break even maybe but all that maintenance and taxation adds up rapidly.

It's a different matter if you've bought within the last few years maybe but they're only worth what others'll pay. Not the most liquid thing you can ever own. I think a shit ton of people will be burned with the more modest stuff. Old style BMW M3 Evo Sport's go for up to $150,000. I nearly bought one at $10,000 but it was a dog. That doesn't smell sustainable to me.

[fish731]

Few Testarossas stayed with one owner for 30 years. Those who bought it new got what they wanted. Those who bought them dirt cheap 10-15 years ago got a taste of the dreams of their youth. And those who bought them as an investment at half the price they are now, got what they wanted. I've yet to meet an unhappy Testarossa owner.

I've owned a few borderline supercars but would never go overboard into a proper one. They invoke some violent reactions from people. And lower tier cars as an 'investment' rather than the blue chip stuff are a mirage if you own them for long periods. They'll break even maybe but all that maintenance and taxation adds up rapidly.

It's a different matter if you've bought within the last few years maybe but they're only worth what others'll pay. Not the most liquid thing you can ever own. I think a shit ton of people will be burned with the more modest stuff. Old style BMW M3 Evo Sport's go for up to $150,000. I nearly bought one at $10,000 but it was a dog. That doesn't smell sustainable to me.

Surely if you drive around in them you have to pay huge insurance bills each year. Don't those bills add up to a super car's value after 30 years? An 18 year old would be charged as much as a lambo cost to insure it. A thirty year old would pay much less, but still a considerable sum each year, and that's only if he'd never made a claim.

[Fatman3001]

Few Testarossas stayed with one owner for 30 years. Those who bought it new got what they wanted. Those who bought them dirt cheap 10-15 years ago got a taste of the dreams of their youth. And those who bought them as an investment at half the price they are now, got what they wanted. I've yet to meet an unhappy Testarossa owner.

I've owned a few borderline supercars but would never go overboard into a proper one. They invoke some violent reactions from people. And lower tier cars as an 'investment' rather than the blue chip stuff are a mirage if you own them for long periods. They'll break even maybe but all that maintenance and taxation adds up rapidly.

It's a different matter if you've bought within the last few years maybe but they're only worth what others'll pay. Not the most liquid thing you can ever own. I think a shit ton of people will be burned with the more modest stuff. Old style BMW M3 Evo Sport's go for up to $150,000. I nearly bought one at $10,000 but it was a dog. That doesn't smell sustainable to me.

I'd happily spend my days polishing a Diablo, an '89 M5 and a 993 when I'm not watching the charts. You have to enjoy it a bit if it's gonna be worthwhile. XJ220 is still underpriced, I'd polish the shit out of that!

Surely if you drive around in them you have to pay huge insurance bills each year. Don't those bills add up to a super car's value after 30 years? An 18 year old would be charged as much as a lambo cost to insure it. A thirty year old would pay much less, but still a considerable sum each year, and that's only if he'd never made a claim.

Are you MAD? You can't DRIVE IT! You just nurture the leather with milk and massage. Squirt some oil in the dirty spots and polish that rod until it's time for a bowl of weetos.

Oooohhh Yeeeaaahhh!!!

[FullLife]

Few Testarossas stayed with one owner for 30 years. Those who bought it new got what they wanted. Those who bought them dirt cheap 10-15 years ago got a taste of the dreams of their youth. And those who bought them as an investment at half the price they are now, got what they wanted. I've yet to meet an unhappy Testarossa owner.

I've owned a few borderline supercars but would never go overboard into a proper one. They invoke some violent reactions from people. And lower tier cars as an 'investment' rather than the blue chip stuff are a mirage if you own them for long periods. They'll break even maybe but all that maintenance and taxation adds up rapidly.

It's a different matter if you've bought within the last few years maybe but they're only worth what others'll pay. Not the most liquid thing you can ever own. I think a shit ton of people will be burned with the more modest stuff. Old style BMW M3 Evo Sport's go for up to $150,000. I nearly bought one at $10,000 but it was a dog. That doesn't smell sustainable to me.

I'd happily spend my days polishing a Diablo, an '89 M5 and a 993 when I'm not watching the charts. You have to enjoy it a bit if it's gonna be worthwhile. XJ220 is still underpriced, I'd polish the shit out of that!

As underwhelming as the XJ220 is, I wouldn't go anywhere near that thing .

[ChartBuddy]

Coin
Explanation

[gentlemand]

Surely if you drive around in them you have to pay huge insurance bills each year. Don't those bills add up to a super car's value after 30 years? An 18 year old would be charged as much as a lambo cost to insure it. A thirty year old would pay much less, but still a considerable sum each year, and that's only if he'd never made a claim.

You'd be surprised. Especially when you're into your 30s and beyond. A piece of shit 20 year old Citroen only cost $150 less than a V12 Aston Martin worth 100 times more when I was checking out insurance quotes. No idea why.

If you'd bought one of the current hot sellers in the last 2-3 years you'd no doubt make bank. There've been some insane price rises. If you'd cherished your whatever from new it probably absorbed its purchase price and more in keeping it rolling over the years.

I remember the car bubble of the late 80s. Investment banks were buying cars to stick in vaults believing they were on to a dead cert. Then it turned to dust in a truly stunning fashion. I bought an Alfa SZ around 2000 for about $18,000. In 1989-90 they were being advertised for $180,000 and more. Not such a hot investment after all.

[Fatman3001]

Surely if you drive around in them you have to pay huge insurance bills each year. Don't those bills add up to a super car's value after 30 years? An 18 year old would be charged as much as a lambo cost to insure it. A thirty year old would pay much less, but still a considerable sum each year, and that's only if he'd never made a claim.

You'd be surprised. Especially when you're into your 30s and beyond. A piece of shit 20 year old Citroen only cost $150 less than a V12 Aston Martin worth 100 times more when I was checking out insurance quotes. No idea why.

If you'd bought one of the current hot sellers in the last 2-3 years you'd no doubt make bank. There've been some insane price rises. If you'd cherished your whatever from new it probably absorbed its purchase price and more in keeping it rolling over the years.

I remember the car bubble of the late 80s. Investment banks were buying cars to stick in vaults believing they were on to a dead cert. Then it turned to dust in a truly stunning fashion. I bought an Alfa SZ around 2000 for about $18,000. In 1989-90 they were being advertised for $180,000 and more. Not such a hot investment after all.

I hope this is a bubble that will burst when I'm swimming in cash. My only problem is that I probably will never sell if I get a hold on my dream cars.

Btw, how was the SZ to drive?

Edit:

As underwhelming as the XJ220 is, I wouldn't go anywhere near that thing .

[Fingers in ears] LALALALALALALA!!!!

[yolalanda]

Few Testarossas stayed with one owner for 30 years. Those who bought it new got what they wanted. Those who bought them dirt cheap 10-15 years ago got a taste of the dreams of their youth. And those who bought them as an investment at half the price they are now, got what they wanted. I've yet to meet an unhappy Testarossa owner.

I've owned a few borderline supercars but would never go overboard into a proper one. They invoke some violent reactions from people. And lower tier cars as an 'investment' rather than the blue chip stuff are a mirage if you own them for long periods. They'll break even maybe but all that maintenance and taxation adds up rapidly.

It's a different matter if you've bought within the last few years maybe but they're only worth what others'll pay. Not the most liquid thing you can ever own. I think a shit ton of people will be burned with the more modest stuff. Old style BMW M3 Evo Sport's go for up to $150,000. I nearly bought one at $10,000 but it was a dog. That doesn't smell sustainable to me.

Surely if you drive around in them you have to pay huge insurance bills each year. Don't those bills add up to a super car's value after 30 years? An 18 year old would be charged as much as a lambo cost to insure it. A thirty year old would pay much less, but still a considerable sum each year, and that's only if he'd never made a claim.

In US, you don't pay more for exotica (if you own the car outright). 'Driving around' in a Lambo (early euro Countach, not mine, worked on it for a friend) is unpleasant and impractical (and i'm a gearhead who owned weirdness like V8 Karmann Ghias). Going through a toll booth? Open the door, because the windows are split & roll down only a few inches. Visibility shit--all you see is the dash (light beige suede) reflecting in the windshield, the rest is blindspots (where cars drive beside you to gawk), cops assume the car is stolen/pull you over to check you out. The rest just assume you're some rich asshole.
Sleepers are where it's at.

[gentlemand]

Btw, how was the SZ to drive?

Hands down the best handling car I've ever driven, apart from a Lancia Integrale that had been destroyed and rebuilt with new panels from the floor upwards, but really not very quick at all. I had a couple but they were both very low mileage so perhaps the engines would've loosened up. These days I get the impression that parts are very hard to come by so it would be a bitch to run one.

Quick cars are out of my system now. They're like really shit relationships. A few moments of joy mixed in with long stretches of utter horror when they go wrong.

[Fatman3001]

Btw, how was the SZ to drive?

Hands down the best handling car I've ever driven, apart from a Lancia Integrale that had been destroyed and rebuilt with new panels from the floor upwards, but really not very quick at all. I had a couple but they were both very low mileage so perhaps the engines would've loosened up. These days I get the impression that parts are very hard to come by so it would be a bitch to run one.

Quick cars are out of my system now. They're like really shit relationships. A few moments of joy mixed in with long stretches of utter horror when they go wrong.

And because they've been standing still for most of the last 25 years something brittle WILL break. And because, as you said, everyone babied them there was never a market for spares. The upside is that if you just want keep babying it it will probably rise in value.

[Blazin8888]

Crypto history being made folks. BTS will change the way the world sees BTC and blockchain tech. Good things to come for BTC price. Digital gold it is.

[LFC_Bitcoin]

Crypto history being made folks. BTS will change the way the world sees BTC and blockchain tech. Good things to come for BTC price. Digital gold it is.

Your optimism/positivity & hope for bitcoin tied to BTS isn't a result of your paid BTS signature is it?

[Fatman3001]

Crypto history being made folks. BTS will change the way the world sees BTC and blockchain tech. Good things to come for BTC price. Digital gold it is.

Your optimism/positivity & hope for bitcoin tied to BTS isn't a result of your paid BTS signature is it?

To be fair, he signed it with "Trust no one.".

[yolalanda]

Is Gemini closed over the weekend, or just zero interest?