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

[Ibian]

https://www.zerohedge.com/news/2018-02-15/bitcoin-tests-10k-mysterious-crypto-trader-dip-buys-400-million

This is his address - 3Cbq7aT1tY8kMxWLbitaG7yT6bPbKChq64
96k total btc now.
How do these guys sleep at night

Pretty well, I imagine.

[1685995308]

1685995308

[1685995308]

1685995308

[1685995308]

1685995308

[thrax]

Huge sell walls up to $11100 on bitstamp but its being bought into at a steady pace. 1800btc atmo

Remember the bear whale's wall on bearstamp? Suppressing the price with walls doesn't always work.

[bitserve]

https://www.zerohedge.com/news/2018-02-15/bitcoin-tests-10k-mysterious-crypto-trader-dip-buys-400-million

This is his address - 3Cbq7aT1tY8kMxWLbitaG7yT6bPbKChq64
96k total btc now.
How do these guys sleep at night

It's probably Huobi cold storage:

https://bitcointalk.org/index.php?topic=2966235.msg30473511#msg30473511

[vroom]

https://www.zerohedge.com/news/2018-02-15/bitcoin-tests-10k-mysterious-crypto-trader-dip-buys-400-million

This is his address - 3Cbq7aT1tY8kMxWLbitaG7yT6bPbKChq64
96k total btc now.
How do these guys sleep at night

How would these guys sleep with ~1 billion usd on a bank account?

[BTCMILLIONAIRE]

So since trillionaires are almost a given in the coming decades, how much longer do you think until the global economy could feasibly produce the first quadrillionaire?

[Crytptohack]

I read in the initial post which charting sites that can be used for this thread. Tradingview was not listed. Can this be added?  Can I post a chart from tradingview even through it is not on the list?

[Ibian]

So since trillionaires are almost a given in the coming decades, how much longer do you think until the global economy could feasibly produce the first quadrillionaire?

I am saddened to know that I will never become more than a billionaire   

[Ibian]

https://www.zerohedge.com/news/2018-02-15/bitcoin-tests-10k-mysterious-crypto-trader-dip-buys-400-million

This is his address - 3Cbq7aT1tY8kMxWLbitaG7yT6bPbKChq64
96k total btc now.
How do these guys sleep at night

How would these guys sleep with ~1 billion usd on a bank account?

Probably not well, if they have any clue at all.

[BTCMILLIONAIRE]

So since trillionaires are almost a given in the coming decades, how much longer do you think until the global economy could feasibly produce the first quadrillionaire?

I am saddened to know that I will never become more than a billionaire   

Are you that old? Or just no ambition to try and shoot higher?

[Ibian]

So since trillionaires are almost a given in the coming decades, how much longer do you think until the global economy could feasibly produce the first quadrillionaire?

I am saddened to know that I will never become more than a billionaire   

Are you that old? Or just no ambition to try and shoot higher?

There is no hard limit to how much one bitcoin can be worth, but there is a soft limit. And I only have so many of them.

[BTCMILLIONAIRE]

So since trillionaires are almost a given in the coming decades, how much longer do you think until the global economy could feasibly produce the first quadrillionaire?

I am saddened to know that I will never become more than a billionaire   

Are you that old? Or just no ambition to try and shoot higher?

There is no hard limit to how much one bitcoin can be worth, but there is a soft limit. And I only have so many of them.

So it's the latter (aka no interest to invest, trade, or start ventures).

[Ibian]

So since trillionaires are almost a given in the coming decades, how much longer do you think until the global economy could feasibly produce the first quadrillionaire?

I am saddened to know that I will never become more than a billionaire   

Are you that old? Or just no ambition to try and shoot higher?

There is no hard limit to how much one bitcoin can be worth, but there is a soft limit. And I only have so many of them.

So it's the latter (aka no interest to invest, trade, or start ventures).

Sure, maybe, but that's not really my thing.

My basic life thesis is that humans are not biologically and psychologically designed to work nearly as much as we do. That's why I went all in on bitcoin in the first place, to make enough money so I wouldn't have to work and could focus on my hypothetical future family, because that's what kids need to develop properly. They need their parents around. So if it's a choice between having enough money to support a woman and five kids, or having twice as much money and seeing them a quarter as much, then it's an obvious choice.

[Toxic2040]

I read in the initial post which charting sites that can be used for this thread. Tradingview was not listed. Can this be added?  Can I post a chart from tradingview even through it is not on the list?

Yes, yes and yes.  Will it...no idea...infofront stay up on this thread pretty well..If he dosent like it you will know.

[BTCMILLIONAIRE]

So since trillionaires are almost a given in the coming decades, how much longer do you think until the global economy could feasibly produce the first quadrillionaire?

I am saddened to know that I will never become more than a billionaire   

Are you that old? Or just no ambition to try and shoot higher?

There is no hard limit to how much one bitcoin can be worth, but there is a soft limit. And I only have so many of them.

So it's the latter (aka no interest to invest, trade, or start ventures).

Sure, maybe, but that's not really my thing.

My basic life thesis is that humans are not biologically and psychologically designed to work nearly as much as we do. That's why I went all in on bitcoin in the first place, to make enough money so I wouldn't have to work and could focus on my hypothetical future family, because that's what kids need to develop properly. They need their parents around. So if it's a choice between having enough money to support a woman and five kids, or having twice as much money and seeing them a quarter as much, then it's an obvious choice.

How are we not designed to work 24/7? That's what people were doing when they lived in the woods and that has changed only fairly recently as far as I'm aware.

I do share the sentiment of making sure to have enough money to be able to freely ignore the world whenever I choose to. But I don't see myself not spending most of my time working on something, regardless of whether or not normal people would consider it work. I find picking up instruments and composition, science, cooking, investing, traveling and whatever else highly interesting. So the reason for me wanting full financial independence for life would be to the ability to learn and experience as much as I possibly can. And while I really want kids that I can homeschool and learn stuff with together, I'd need to make sure that the wife was perfect for that kind of lifestyle. Don't want someone nagging all day about how they know better when they don't.
But in either case, whatever you do, unless you're just consuming 24/7 you'd be "working" in my book. Life seems more of a choice between doing something fulfilling and mindlessly playing along.

[Ibian]

So since trillionaires are almost a given in the coming decades, how much longer do you think until the global economy could feasibly produce the first quadrillionaire?

I am saddened to know that I will never become more than a billionaire  

Are you that old? Or just no ambition to try and shoot higher?

There is no hard limit to how much one bitcoin can be worth, but there is a soft limit. And I only have so many of them.

So it's the latter (aka no interest to invest, trade, or start ventures).

Sure, maybe, but that's not really my thing.

My basic life thesis is that humans are not biologically and psychologically designed to work nearly as much as we do. That's why I went all in on bitcoin in the first place, to make enough money so I wouldn't have to work and could focus on my hypothetical future family, because that's what kids need to develop properly. They need their parents around. So if it's a choice between having enough money to support a woman and five kids, or having twice as much money and seeing them a quarter as much, then it's an obvious choice.

How are we not designed to work 24/7? That's what people were doing when they lived in the woods and that has changed only fairly recently as far as I'm aware.

No, the actual work in a tribe is maybe 4 hours a day or so. The rest of the time is spent socializing, fucking, and relaxing.

Agriculture allowed us to feed... say 20 times as many people on the same amount of land. But it also meant a lot more work. And the resulting population growth gave us a whole other set of problems.

I do share the sentiment of making sure to have enough money to be able to freely ignore the world whenever I choose to. But I don't see myself not spending most of my time working on something, regardless of whether or not normal people would consider it work. I find picking up instruments and composition, science, cooking, investing, traveling and whatever else highly interesting. So the reason for me wanting full financial independence for life would be to the ability to learn and experience as much as I possibly can. And while I really want kids that I can homeschool and learn stuff with together, I'd need to make sure that the wife was perfect for that kind of lifestyle. Don't want someone nagging all day about how they know better when they don't.
But in either case, whatever you do, unless you're just consuming 24/7 you'd be "working" in my book. Life seems more of a choice between doing something fulfilling and mindlessly playing along.

What we today call a job is, effectively, slavery. Yes people can choose what kind of work they do, but they can't decide if they want to do it - they have to work.

Jordan Peterson said it perfectly. If you can't say no, you can't negotiate. And if you can't negotiate you are a slave. Jobs are slavery, even if we are determined not to think of them as such.

And it's not like I do nothing but sit around, now that I have the option to do so. I have been studying anthropology for the past... almost 7 years now, and see myself doing it for perhaps the rest of my life. It is endlessly fascinating and there is always more to learn, and it has practical utility. But it is not a job. It is something I choose to do, and for which I receive no direct compensation. And that makes all the difference. I could not do it to the same degree if I was saddled with a Job.

[luizao77]

Above 10000 looks promising but there are a few resistances to overcome.
https://paloyalabolsa.wordpress.com/2018/02/17/[Suspicious link removed]iba-de-10000-definitivamente/

[jojo69]

How are we not designed to work 24/7? That's what people were doing when they lived in the woods and that has changed only fairly recently as far as I'm aware.

Actually, Hobbes' "nasty brutish and short" analysis is very much in disfavor.  Contemporary wisdom has it that hunter gatherers enjoyed more leisure and discretionary time than we do today.  

[Toxic2040]

My basic life thesis is that humans are not biologically and psychologically designed to work nearly as much as we do.

https://youtu.be/PWU9g1Fce3U?t=1m14s

[Ibian]

My basic life thesis is that humans are not biologically and psychologically designed to work nearly as much as we do.

https://youtu.be/PWU9g1Fce3U?t=1m14s

You deserve your 50 merits for the game theory link, mister Toxic. I am eternally grateful for it. But this is not an effective jab.

[JimboToronto]

Good morning Bitcoinland.

It looks like we're winning the battle for 5 digits, albeit barely... currently $10862USD/$13641CAD (Bitcoinaverage).

Hopefully we'll see some real upward movement soon.

What we today call a job is, effectively, slavery. Yes people can choose what kind of work they do, but they can't decide if they want to do it - they have to work.

Jordan Peterson said it perfectly. If you can't say no, you can't negotiate. And if you can't negotiate you are a slave. Jobs are slavery, even if we are determined not to think of them as such.

And it's not like I do nothing but sit around, now that I have the option to do so. I have been studying anthropology for the past... almost 7 years now, and see myself doing it for perhaps the rest of my life. It is endlessly fascinating and there is always more to learn, and it has practical utility. But it is not a job. It is something I choose to do, and for which I receive no direct compensation. And that makes all the difference. I could not do it to the same degree if I was saddled with a Job.

But what if you did receive direct compensation? Would that make it a "job" and thus a form of enslavement?

Mark twain once said that work was what a fellow was obliged to do. I agree. If you are doing it strictly for the money, it's work. If you are doing it for fun it's a hobby, paid or not.

A professional ballplayer may be paid millions of dollars a year but during a game he's playing, not working. Sure there may be lots of work involved.... dealing with agents, travel, workouts, etc., but ultimately it's a paid hobby. Maybe it's not having the option of a day off that makes it a job.

When I was getting paid good money for playing music in bars and living a life of partying, sex, drugs, and rock'n'roll, I never considered it as work. It was fun and I was being paid for it. Sure we had to deal with agents, loading equipment, traveling, and (gasp) rehearsing, but it was still just a paid hobby, not a "job".