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

[katoon123]

My brother: spends $400 a month to have a nice car
Me: spends $400 to own Bitcoin



Will it be worth it?

[JayJuanGee]

Btw everyone sleeping??


+ 8000 Gogogo Saturday b*tchesssz

I’m never sleeping!

Go 8k bitcoin

So far, $8k is holding decently well.  Will be interesting to see if the weekly plays out as green or red. 

We have about 33 hours before the weekly candle closes, and it looks like we need to be slightly above $8,200 for the weekly candle to come out as green.  Gonna be a nail biter?

I hope  that $10k soon as possible in this month and also dumping chance it dump do $5k range.   

It would be nice, but it remains unclear whether we are ready until it actually happens. 

Of course, being ready is to have sufficient buy support to continue to buy on the way up and to support that price level.

Of course, there is no guarantee for a dump either, even though many folks proclaim a dump into at least the lower $6ks is necessary and inevitable... and surely, if we get into the lower $6ks, then at least a spike into the $5ks would become reasonable.

I would prefer that bitcoin punish the 4 digit price wishers by leaving them behind and to proceed onto BIGGER and BETTER pastures, but really, even to me, it seems a bit early for that, especially considering that we had a 2x price appreciation in the past 8 weeks, and all of the correction that we got was a kind of quickie correction - yet, on the other hand, when the price is bouncing around in a kind of $7,500 to $8,100 range, then that also allows buyers to catch up in case they are largely ready to keep this baby moving upwards... would be nice.. would be nice.

[JayJuanGee]

My brother: spends $400 a month to have a nice car
Me: spends $400 to own Bitcoin



Will it be worth it?

Give us a time frame?  You just started this kind of dick comparison?  or you been doing it for a while?

Of course, some folks need their cars for work and other practical stuff, so sometimes cars can be considered as a basic expense.  You seem to be describing a car payment as a luxury, so that categorization would likely depend on circumstances too, and many people who don't own cars at all will still have some transportation expenses.

[LFC_Bitcoin]

My brother: spends $400 a month to have a nice car
Me: spends $400 to own Bitcoin



Will it be worth it?

- Most cars depreciate in value over time
- Bitcoin increases in value over time

Do the math.

[jojo69]

New diet no more carbs for a while, no wine etc. Seeking Ketosis.

Go man GO!!

If you are anything like me the first 25 pounds or so will melt off like a shitcoin power dump.

The first few days are the hardest.

[jojo69]

I don't know about other Americanos but to me Budweiser tastes like salt water.

The conventional 'murrican domestic lagers are revolting, watered down cans of piss.

They are like the altcoins of beer, they purport to be beer but are not.  How  Eberhard Anheuser, Adolphus Busch, and Adolph Kuhrs foisted this scam on a freedom loving people I will never know.


For a craft house, any Ninkasi product is a superlative choice.  For a mid size house I find the Lagunitas line quite credible.

My American Beer of choice.

Brewer, patriot...

the ONLY American lager I would ever recommend to a European, agreed.

[El duderino_]

via Imgflip Meme Generator

Cheers boys on this Saturday b00zday, the gin is allready good @this vegan place

[jojo69]

For a craft house, any Ninkasi product is a superlative choice.  For a mid size house I find the Lagunitas line quite credible.

Both are good, Laugunitas is local to me, I work in the same town their headquarters reside (although that might not be accurate anymore, Heineken just bought them out.) In their early years I did my part to help them succeed.

But for us locals, we have a shit tonne of craft beer makers to choose from.  Bear Republic and Russian River kick ass over both Laugunitas and Ninkasi.  Anderson Valley is my all time absolute favorite.  Their Boont Amber ale is like nectar.  

I agree that those are top notch examples, but I have to respectfully disagree with "kick ass" over Ninkazi.  Let's be serious, at these rarefied levels we are in to the vagaries of personal taste, batch variation, product age, etc.  We are talking about some of the finest brews on Earth after all.

[Globb0]

But seriously, if you have access to it, try metformin, it helps tremendously.

its there online but you have to pretend a doctor told you that you need it. you already take it etc. can you just blag it? some say UK pharmacy they must cross reference the name and address or something?

[kenzawak]

https://twitter.com/Xentagz/status/1132246735651299329

[kenzawak]

But seriously, if you have access to it, try metformin, it helps tremendously.

its there online but you have to pretend a doctor told you that you need it. you already take it etc. can you just blag it? some say UK pharmacy they must cross reference the name and address or something?

I don't know about the UK but it's available OTC in many countries. It shouldn't be too hard to get online.
You don't need it to get into ketosis, the diet will do that but it's a good supplement all in all.

[kenzawak]

More Breaking News



http://fortune.com/2019/05/13/bitcoin-comes-to-whole-foods-major-retailers-in-coup-for-digital-currency/

I'm in Manhattan today.
I walked past many of those stores (Whole Foods, Starbucks, Gamestop...) and I didn't see anything on their windows that would make you guess they accept BTC. It might take a while I suppose.
If you haven't read this article yet, this is the deal right now with all this :
https://www.forbes.com/sites/michaeldelcastillo/2019/05/13/starbucks-nordstrom-and-whole-foods-now-accept-bitcoin-just-dont-ask-them/#2fbfdec42252

Anyway, while I was here, I found a new ATM :





I also met those guys who were looking for trouble... except for the big green guy. He said "I'm done with fighting since Infinity Wars, I'm a doctor now". I'm not sure what he meant but the guy's clearly a pussy.



Oh and I saw this beauty... sorry Mic, still no Harley.

[MrFreeRoMan]

"Facebook held talks with Winklevoss twins over new currency"

EDIT:
Gemini was founded by internet entrepreneurs Cameron and Tyler Winklevoss – the same twins who sued Facebook founder Mark Zuckerberg in 2004 for allegedly stealing their social networking idea. They received a $65 million settlement and poured a huge chunk of that into bitcoin.

As FT reports, the Winklevoss backstory makes Gemini an unlikely partner of Facebook. Still, the social media giant will need all the help it can get navigating the complex regulatory challenges associated with launching its own currency.

The two exchanges aren’t the first companies Facebook has approached with its crypto endeavors. Mark Zuckerberg’s company is reportedly seeking to raise $1 billion for the new project and has already spoken with Visa and MasterCard about a potential partnership.

https://hacked.com/facebook-taps-winklevoss-twins-coinbase-to-help-build-massive-cryptocurrency-project/

[Globb0]

fixed

[El duderino_]

Things young people believe are inevitable:

- Bitcoin will thrive long term
- Cannabis will be legalized
- eSports will gain global popularity
- Brain implants will be a thing
- Driverless cars will be the norm
- Gene editing will be pervasive

Not a question of if, but when 🔥

https://twitter.com/apompliano/status/1132336933949063169?s=21

[LFC_Bitcoin]

fixed

The goose has his own beer?

[jojo69]

That Founder's All Day actually ain't bad, I mean, I wouldn't call it "good", but it is not offensive if you are not angling for a quick blackout.

[hodl_2015]

How is everyone doing?
Will we be stuck on $8k for the next couple of weeks?
Thoughts?

Better question: will we every go below $8k? And if yes, when will be the last time?

Wait a sec, I will give you the exact time in a few.....

There we are :-) so 5 hours. but will it be the last time?

[fillippone]

My brother: spends $400 a month to have a nice car
Me: spends $400 to own Bitcoin



Will it be worth it?

- Most cars depreciate in value over time
- Bitcoin increases in value over time

Do the math.

High time preference vs Low time preference.
Consume vs invest 

[HairyMaclairy]

Took our first steps toward energy independence today with a Tesla Powerwall.

I'm observing Powerwalls too. waiting for solar but have already prepared most cabling. Natural gas to be replaced with heatpump too.

If a full Powerwall doesn't get you through the night you need to seriously look at your "base load".
I have seen radio's pulling 18W in standby (157 kWh/year) and microwaves using 8W to show the (wrong) time, Desktops using > 5W when off and floor heating pumps drawing 95W 24/7, even when not used in summer.

At night I have:
12W 12V outdoor LED lighting (9 x 1.2W running from a single high-efficiency adapter) [edit: corrected]
4W internet modem/wifi (with all status lights disabled)
18W freezer, 75W with about 25% cycle time.
10W fridge, 65W with about 15% cycle time.
8W standby central heater (I turn this off in the summer unless I need warm tap water)
5W phone charger (10W for half a night)
Total: 57W night-time usage.
a single 13.5 kWh Powerwall would last a me a 236 hour night.

Oh wow.  We oscillate between 200 and 500W night time usage.  Never go below 200W.  Much of it is various security systems but I am curious as to what our fridges are consuming.  The beer fridge is quite old and might be an energy hog.  You have got me interested. I will run an audit on what everything is consuming.

So I wasn't sure if we would make it through the night but we did, including running a load of clothes through a washer and dryer.  Now the solar is starting to kick in again and we are on 17% on the battery so we shouldn't need to draw from the grid at today.  I'm guessing the battery would be over 40% if we hadn't done the clothes.

Warm climate here so heating isn't an issue.  We run a heat pump maybe five days a year.  AC is a challenge in summer but the solar panels are screaming through production in the full sun so we are heavily exporting even with the AC on full.  AC at night time may require some balancing to avoid having to import.  

It’s a good point.  It’s currently attached to the outside of house and has cameras on it, not that that is likely to help.

Safety comes primary from a good battery monitoring system, and secondary from how the cells are packaged. A shorted cell should heat up but heat transfer to the next cell(s) should be slow enough so the whole pack can't do a cascading runaway. Powerwall should vent some hot gasses but nothing more. Mine will be indoor and I plan to not store very flammable things like cardboard/paper right next to it. It's not a Chinese pouch cell, with just a thermal fuse, shrink-wrap "shielding", and very limited monitoring of charging and discharging conditions.

This safety talk is good.  I decided to put a smoke detector from the hardware store above the Powerwall yesterday.  Then my wife pointed out that the smoke detectors we have inside the house are all old and aren't compliant with current standards.  They are also hardwired in.  So we will get in an electrician to go through the house and update everything, including appropriate monitoring external to the battery pack.  

Reserve power is a very nice thing for a house, not sure if you need a whole powerwall though. I've been running a power station in an outside shed on my property for about 20 years now, the core of it is 4 150ah VRLA (Valve regulated lead acid) batteries with a 1kw 24 volt inverter and 1kw of solar panels. About 5-6kw of power, 1kw peak draw, a 10 year life span on the batteries, and they will never catch fire..

In the event of a power failure I can switch to the shed manually for the fridge (300w, 25% duty cycle), a few lights, and most importantly cell phone and internet service (another 20-30 watts) and a coffee maker (70w for a few minutes). In a multi-day power outage the priority is keeping the fridge running and having fresh coffee. Can also run a smaller microwave oven if I need to warm some food up.

Solar panels can top off about 4kw of power a day, giving me around 9-10kw of power. With 2kw for the fridge this leaves me a fair bit of extra power for incidentals or a day or two of rain. Longest I have run it was 3 days when power really went out and it was a life saver.

Not too complex, worth it.

Neat.  You are a solar battery pioneer !