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Question: Will bitcoin ever go below $10K again in your lifetime?
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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 22728336 times)
This is a self-moderated topic. If you do not want to be moderated by the person who started this topic, create a new topic. (148 posts by 37 users deleted.)
sirazimuth
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born once atheist


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August 29, 2018, 09:13:30 PM
Merited by JayJuanGee (1)

wow,
 yogi and Jay aren't swearing at each other...we are progressing folks...bullish...
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JimboToronto
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August 29, 2018, 09:40:58 PM
Merited by STT (1), HairyMaclairy (1)

Being rich is having money: being wealthy is having time

Time and money are negotiable.

Too many people waste their time chasing money. Others waste their money trying to buy a little time.

I try to get ahead by trading cheap city dollars for cheap jungle time. Money comes easily here but time is always short. Down there there's lots of time but little money. When I go down I take money. When I come back I'm re-energized by the time I bought down there. That's what traders have always done, transport commodities to where there's more demand.

The trick is to have the money come to you. I believe it was Warren Buffett who said that if you're not making money while you sleep, you'll work your whole life.
Raja_MBZ
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Any questions related to my signature site? PM me!


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August 29, 2018, 09:49:23 PM
Merited by JayJuanGee (1)

Bitcoin - Resistance-turned-support edition:



It's looking pretty good so far; however, if this support breaks down yet again, $5750 will be back in play.
JayJuanGee
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How much alt coin diversification is needed? 0%?


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August 29, 2018, 10:10:47 PM

[ edited out]

Aye, my lambo be a rhetorical lambo, not a literal Lambo. Hell, I drive a 20 year old full-size van. Then again, my rhetorical lambo cost quite a bit more than a literal Lambo.

Hopefully, you are not driving one of those windowless vans... hahahahahaha

Hey, I am neither opposed to practicality or luxury; however, when we look at the lambo in my thinking it has a very narrow set of uses - and in that regard, I have not really been into two seaters - even though I suppose the sunday drive at the beach would be one of those uses or the sheer power or the ability to flaunt wealth because I would not believe they hold value well and are kind of a money pit for maintenance and repair expenses.


Twenty years is really getting up their with vehicles, and I really got spoiled with built in bluetooth, and some of the other improvements of modern vehicles - including ride quality.

It's on my to-do list. Just not very high.

Actually, I was never much of a new car person, until about 8 years ago.  I had never really liked the immediate depreciation aspect.  

In 2010, I had been working so much and I had really built up a decent nest egg of cash reserves.  Accordingly, when my main car was going on the fritz, I really could not justify attempting to repair it or shopping around for another used car.  I decided to go with new, and also to go with a kind of luxury brand.  The transition was really nice, and soon after taking the plunge, I was wondering why it had taken me so long to treat myself to something really nice - especially when I was using my car fairly regularly... maybe sometimes it does just take a bit of an emergency situation to cause a transition.  I suppose if my car had not gone on the blitz, and I did not really have time for diddle daddling around, I may not have taken such a plunge - there was a bit of spontaneity and simultaneous necessity for me, at that time... even while it ended up swimming in a higher kind of luxury than I had previously been used to... while at the same time, I think that it helped my social status, at the time, too... for whatever that is worth?

wow,
 yogi and Jay aren't swearing at each other...we are progressing folks...bullish...

It's a sign of complacency... perhaps we need higher pain amongst everyone in order to rise to "bullish"?
JayJuanGee
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August 29, 2018, 10:16:09 PM

The trick is to have the money come to you. I believe it was Warren Buffett who said that if you're not making money while you sleep, you'll work your whole life.

I like this part, and it sounds good in theory while remaining difficult in practice.. unless you prepare for a decent amount of time to get to that stage of passive income... and living within your means... if your passive income increases, then your means can increase too.
JimboToronto
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August 29, 2018, 10:56:06 PM
Merited by JayJuanGee (1)

The trick is to have the money come to you. I believe it was Warren Buffett who said that if you're not making money while you sleep, you'll work your whole life.

I like this part, and it sounds good in theory while remaining difficult in practice.. unless you prepare for a decent amount of time to get to that stage of passive income... and living within your means... if your passive income increases, then your means can increase too.

That, living within your means is a big part of it. Losers spend their money before they earn it. They take on mortgages and buy merchandise on time. They're losing money while they sleep paying compound interest.

Those who skimp on luxuries, hold off on buying things they don't absolutely need, and invest their money in things that earn more money are already compounding in their own way. When you must buy something, buy high-quality used stuff cheap.
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August 29, 2018, 11:26:50 PM
Merited by BobLawblaw (2)

The Last Supper


I'm not seeing any ass on the table.



~snippity

~snip


 Can you see it now?



 
jbreher
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lose: unfind ... loose: untight


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August 29, 2018, 11:30:21 PM

I try to get ahead by trading cheap city dollars for cheap jungle time. Money comes easily here but time is always short. Down there there's lots of time but little money. When I go down I take money. When I come back I'm re-energized by the time I bought down there. That's what traders have always done, transport commodities to where there's more demand.

Great insight, Jimbo.
jbreher
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lose: unfind ... loose: untight


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August 29, 2018, 11:37:15 PM
Merited by JayJuanGee (1)

Aye, my lambo be a rhetorical lambo, not a literal Lambo. Hell, I drive a 20 year old full-size van. Then again, my rhetorical lambo cost quite a bit more than a literal Lambo.

Hopefully, you are not driving one of those windowless vans... hahahahahaha

Twenty years is really getting up their with vehicles, and I really got spoiled with built in bluetooth, and some of the other improvements of modern vehicles - including ride quality.

It's on my to-do list. Just not very high.

Actually, I was never much of a new car person, until about 8 years ago.  I had never really liked the immediate depreciation aspect.  

...I decided to go with new, and also to go with a kind of luxury brand.  The transition was really nice, and soon after taking the plunge, I was wondering why it had taken me so long to treat myself to something really nice

Yeah... thing is, the full-size van form factor just works for me. If someone made a van with interior trim up to luxury car standards, this woulda been a done deal already. Alas, no. So my decision is to abandon the form factor I desire and get a pickup, or settle for the comparatively downmarket experience of a van. Either seems a compromise, which makes me need to consider other platforms*. Which leads to indecision. ::sigh::

*i.e., maybe Tesla X?

Oh well, the wife is the car guy in this family, anyhoo.
HairyMaclairy
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August 29, 2018, 11:39:46 PM

What about the Mercedes V class vans?
JayJuanGee
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How much alt coin diversification is needed? 0%?


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August 30, 2018, 12:03:40 AM

What about the Mercedes V class vans?

That's what I started to think that there has to be another form factor that would work because form factors are always changing, yet in the USA, BIG is in so there has to be some variations of luxury BIG that will allow for upgrading and bringing the modern electronics into the mix...  ... because a 20 year vehicle starts to have a lot of lackings in terms of modern upgrades and just wear and tear that had already taken place even just from mere passage of time deterioration... there are also lower entry level new cars that offer standard features that would not even have been offered 10 years ago, based on technological automotive improvements
El duderino_
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August 30, 2018, 12:05:50 AM

via Imgflip Meme Generator
goldkingcoiner
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August 30, 2018, 12:07:04 AM

Who needs a couple of bitcoins?


As a crypto expert I can say this is the real deal. Chocolate raaaaaaaaaaaaaaaain
Syke
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August 30, 2018, 12:26:18 AM

Anyone else notice we seem to be under constant dedicated denial of service attacks? Or is that just me?

Over 6000+ btc spend on new forum software. You'd think we'd have something usable by now.
STT
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August 30, 2018, 12:34:06 AM
Merited by BobLawblaw (1)

The modem thing blows my mind because anyone who has been around longer then a decade knows the internet used to be slow as hell.   Australia especially, their internet sucks so I dont understand that exactly.
  All I guess there that makes sense is he just used university internet and didnt have much interest beyond that like the codec revisions to normal telephone usage.  But he is interested in crypto protocols somehow, seems a bit off.   How can he be the age he is and not recognise 27mb is a very big file to transmit for the old technology.   Thats not even a crypto question, how long has he used computers for


The BTC price is below 50% tracement level for the last peak to trough decline.  Lows are the 50 DMA area just beaten.   7500 area would be good resistance and 38% of the larger May to June peak into decline move
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August 30, 2018, 12:42:59 AM

Anyone else notice we seem to be under constant dedicated denial of service attacks? Or is that just me?

Over 6000+ btc spend on new forum software. You'd think we'd have something usable by now.

Is it still Wednesday?
HairyMaclairy
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August 30, 2018, 12:45:07 AM

Is it still Wednesday?

No. 
Rosewater Foundation
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August 30, 2018, 12:51:00 AM

Australia

His countrymen put CSW in the context of Australia's tradition of brash, unabashed confidence men. I read an article somewhere about that. Maybe I can find it. It was quite good.
Rosewater Foundation
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August 30, 2018, 12:54:13 AM

Maybe I can find it. It was quite good.

Nope. Can't find it.

Here's an excellent repost tho

https://blog.wizsec.jp/2018/02/kleiman-v-craig-wright-bitcoins.html

And a pithy meme

HairyMaclairy
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August 30, 2018, 12:56:52 AM

Australia

His countrymen put CSW in the context of Australia's tradition of brash, unabashed confidence men. I read an article somewhere about that. Maybe I can find it. It was quite good.

Alan Bond.  Serial con man.   And took the America’s Cup. 

https://en.wikipedia.org/wiki/Alan_Bond
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