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

[Paashaas]

$350,000 a year salary is not ''enough'' to be part of the middle class in expensive U.S cities.



https://www.marketwatch.com/story/this-budget-shows-how-a-350000-salary-barely-qualifies-as-middle-class-2019-09-11?link=sfmw_tw

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[Biodom]

I don't think this guy even comes close to warranting his own day.

He only just showed back up after how many years forsaking us?

"In your eyes forsaken me
In your thoughts forsaken me
In your heart forsaken, me oh..."

SOAD

[bitserve]

I don't think this guy even comes close to warranting his own day.

He only just showed back up after how many years forsaking us?

I forsake you guys all the time, where's my own day?

Not yet. Maybe we could do a klingdotconifer celebration day when Bitcoin reaches 80x from 4K? At $320K... I'm in.


P.S.: Other than that you would need to 80x leverage your current levels of verbosity or assholness to even qualify.

[bitserve]

$350,000 a year salary is not ''enough'' to be part of the middle class in expensive U.S cities.



https://www.marketwatch.com/story/this-budget-shows-how-a-350000-salary-barely-qualifies-as-middle-class-2019-09-11?link=sfmw_tw

Every time I see that sheet my feelings get confused. I don't know if I should feel miserably poor or just the contrary. It also remembers me to the movie "In Time".

[Biodom]

$350,000 a year salary is not ''enough'' to be part of the middle class in expensive U.S cities.

https://i.imgur.com/DxzYube.png

https://www.marketwatch.com/story/this-budget-shows-how-a-350000-salary-barely-qualifies-as-middle-class-2019-09-11?link=sfmw_tw

I LOLed at $1560 insurance on a $1.8mil house.
bullsheeeet....made me think the rest is made up as well.
I am sure that they can make it on 200-250K/year (in those cities).

[Hueristic]

Back in the good ole days, having your own day was like a blemish on your records.  A character flaw. Like the scarlet letter.  

Now-a-days, having your own day is almost like a reward.  A perk.  An entitlement.

My have times changed in these here parts!!!

Yeah, just wait till tomorrow so i can tell you what I really think.

Is this the largest thread in the forum? Going back to 2013 and being over 25,000 pages long.

 

Forget this forum; I think this is the longest thread on the internet.

This could be true.

Forget this forum; I think this is the longest thread on the internet.

It's a big un but there are bigger. Like this one - https://www.gaiaonline.com/forum/chatterbox/mpt-the-official-million-page-thread-original/t.1488895/

I can't imagine there are all that many that are larger. It's likely many of the other competitors are gibberish rather than stunningly erudite like this one.

Shit i clicked it...

Hah

Please fill in the captcha to continue browsing

Not gonna do it! Saved.

[Fatman3001]

Hehe, I called on the weaker minded and there's a barrage of 16 posts from Arriemoller.

Icygreen seems to be going about this in a more constructive way. Even got infofronts support.

impressive

[VB1001]

Stock-to-Flow Model

The stock-to-flow line on this chart incorporates a 365-day average into the model to smooth out the changes caused in the market by the halving events.

In addition to the main stock-to-flow chart, I have created a divergence chart (lower section of the chart) which shows the difference between price and stock-to-flow. When price moves above stock-to-flow (divergence line turns from green to red), thereby allowing us to easily see how price interacts with stock-to-flow through market cycles over time.

https://www.lookintobitcoin.com/charts/stock-to-flow-model/

Same as PlanB but with added divergence graph.

[Hueristic]

I think this is accurate for many

HAH, I only recognize one of those and know i don't want to look for the rest! Weird goatSe is missing...damn kids these days.

https://twitter.com/imura_industry/status/1178264533258788864

Zig Zag Smart Phone Gun V2.0 (3D Print Kit Gun)
This gun violates American NFA, but can fire .22LR 3shots
It is very important to record and accumulate technology even if manufacturing is illegal at this time

no link to .STL file

fail

I'd probably just go make my own boom stick... one shot only, essentially a contact weapon. I forgot the other name for it, people use it to hunt alligators or sharks. Shark stick? It's a bullet at the end of a stick. You poke the stick and it goes boom.

[mindrust]

So in some sense, I am all mixed up about what would be reasonable because he seems to be describing a whole different set of circumstances in which a person might chose to invest only in BTC and fiat and not have any other significant or meaningful investments.  Sure, such a strategy could be made to be reasonable, but I had kind of presumed that mindrust had other investments (and seems to be that I was mostly wrong).  By the way, mindrust seems to be more in the territory of $60k value in BTC and $100k+ value in cash, so surely his situation seems to be a bit more skewed in favor of cash, currently...

I don't know any other investment.

I could have sent $30-50k to the US stock markets but I don't like to read all those regulations about the taxes&stock markets and shit and I am pretty sure this isn't the right time to buy their bags neither. Nope.

Yes, other than a small percentage of gold, I am %100 FIAT&Bitcoin. With $100k in hand It is only enough to buy a half ass decent flat and I am not sure if that's what I want now. I'd rather stay in cash and wait for a crash where and whenever it happens; crypto, the stock markets, gold. (I don't know anything else investment-wise, besides RE) I'll just buy the dip. When I reach $1m, Then I may reconsider of making RE investments. It makes more sense that way.

I DCA into BTC every week/month whenever I can just like I do to FIAT. For me FIAT is kinda investment too because I am buying (mostly) the US-made FIAT with my own national FIAT. FIAT is FIAT in the end and all are shit but I believe the US made FIAT is the last one to go down the toilet after everything else. (EUR is the second best I guess)

For now Bitcoin is the only game I play.

edit: $81xx, cheap coins are arriving!  

[realr0ach]

Banks are investing to crypto much more you think


https://twitter.com/RedditBTC/status/1178965098636939265?s=20

Wait till all these worthless paper shufflers and Jew moneychangers realize the vast majority of the population is not interested in any Chinese social credit score or cashless society slavery systems and they lose all their money because there is no greater fool to buy digital shitcoins from them.  Both the public and even central banks themselves will all be in metals and not digital shitcoin scams.  

Even "Icygreen" mentioned a few pages back how his boomer relatives no longer trust banks and are withdrawing money and placing it not in digital shitcoins but....drumroll...real world objects like land.  For all the shitcoin scammers in this thread, let me explain to you how the real world works.  In the real world, you have all these boomers that have worked for 40-50 years to create some type of savings and they have ZERO interest in gambling with it by placing it in an imaginary digital Ponzi scam.  The only three targets for that money is real estate, physical metals, and stocks, but most are wising up to the stock bubble and real estate bubbles, so that leaves...

[bitcoinPsycho]

[bucciarati]

$350,000 a year salary is not ''enough'' to be part of the middle class in expensive U.S cities.



https://www.marketwatch.com/story/this-budget-shows-how-a-350000-salary-barely-qualifies-as-middle-class-2019-09-11?link=sfmw_tw

mmm.. real numbers are little low ...

https://www.numbeo.com/cost-of-living/in/New-York

this is the list of first 10 cities average salary

1.   San Francisco, CA, United States      7,020.36 $
2.   Zurich, Switzerland      6,174.45 $
3.   Basel, Switzerland      5,499.06 $
4.   Washington, DC, United States      5,410.25 $
5.   Seattle, WA, United States      5,355.83 $
6.   Bern, Switzerland      5,292.33 $
7.   Geneva, Switzerland      5,276.44 $
8.   Lausanne, Switzerland      5,050.32 $
9.   New York, NY, United States      4,952.01 $
10.   Dallas, TX, United States      4,854.18 $

[fillippone]

Given the hugely successful launch of Bakkt this news is almost no news:


CME Exec: No Plans for Physically Settled BTC Contracts Currently

The Chicago Mercantile Exchange (CME) Group has no current plans to launch physically settled Bitcoin (BTC) contracts, a senior executive said.

Tim McCourt, global head of equity index and alternative investment products at CME Group, told MarketsMedia on Oct. 1 that all new contracts or products are driven by customer demand.

This makes sense from a business perspective.
They have a fully functional cash -settle product. There's no demand for the moment for a physically settled one, for the moment. They have the technology to be close followers in case demand builds up.

[LFC_Bitcoin]

Good morning gentlemen!

$50 worth of BTC for the first person to successfully post a Vegeta meme when we cross $9,000 again (Bitstamp)

I’m bored, thought it’d be cool to keep people on their toes and play a game

Edit - Please post screenshot of Bitstamp price to prove as my good friend fillippone says ‘trespassing of $9,000’

[El duderino_]

$350,000 a year salary is not ''enough'' to be part of the middle class in expensive U.S cities.



https://www.marketwatch.com/story/this-budget-shows-how-a-350000-salary-barely-qualifies-as-middle-class-2019-09-11?link=sfmw_tw

I have to disagree on this one... 350K net income would be a nice life for a bigger % of the people living there .....

[fillippone]

Good morning gentlemen!

$50 worth of BTC for the first person to successfully post a Vegeta meme when we cross $9,000 again (Bitstamp)

I’m bored, thought it’d be cool to keep people on their toes and play a game

Shall the winner post also a snip from Bitstamp as an evidence of 9,000 trespassing?

[LFC_Bitcoin]

Good morning gentlemen!

$50 worth of BTC for the first person to successfully post a Vegeta meme when we cross $9,000 again (Bitstamp)

I’m bored, thought it’d be cool to keep people on their toes and play a game

Shall the winner post also a snip from Bitstamp as an evidence of 9,000 trespassing?

Yeah, that sounds like a good idea.

[Gyrsur]

Good morning gentlemen!

$50 worth of BTC for the first person to successfully post a Vegeta meme when we cross $9,000 again (Bitstamp)

I’m bored, thought it’d be cool to keep people on their toes and play a game

Edit - Please post screenshot of Bitstamp price to prove as my good friend fillippone says ‘trespassing of $9,000’

are fakes allowed too? 

[LFC_Bitcoin]

Good morning gentlemen!

$50 worth of BTC for the first person to successfully post a Vegeta meme when we cross $9,000 again (Bitstamp)

I’m bored, thought it’d be cool to keep people on their toes and play a game

Edit - Please post screenshot of Bitstamp price to prove as my good friend fillippone says ‘trespassing of $9,000’

are fakes allowed too? 

I will check on the Bitstamp time of crossing against time of post