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

[VB1001]

Crypto Derivatives

What to expect in a fast-changing market
Galen Moore

https://downloads.coindesk.com/crypto-investing/crypto_derivatives.pdf

[Elwar]

via Imgflip Meme Generator

Btw..... one of my best friends is a salesman for BMW, yesterday they had an inspection, they asked where is the gender-neutral restroom......
They didn’t have one.... the guy said better provide one it will be obligated!

Where the F*** are we going at 

It's just (one) result of sick human minds.
Bad news is, we all have this sickness, buddhists call this part of our mind "the ego", which makes us vulnerable to hysteria.
If we continue like that, crippling common sense, we will end up pretty bad as society.

All I need is a few million bucks so I get to choose my own society of healthy people.

Poor fucks will have to interact with those sick people every day, like I have been doing for nearly 10 years...

In Thailand the roles seem still intact. Men make money and bring food home, women take care of children and cook. When I will be rich one day I think Thailand could be a nice place to live.

Stay away from Thailand.

They will try to get your money by giving you a choice between death, life in Thai prison (a fate worse than death) or all of your bitcoin.

The lucky get out while they can.

[bitmover]

re: My desire to take some profits during this volatility. I'll do 10 corns @ 10k USD regardless, to take a bit of "pressure" off. Sorry for the hmming-and-hawwing back-and-forth on pondering decisions, out-loud.

I can't remember who, maybe all of you guys here from WO, saved me last year. I was desperate to sell at the dip, but I was able to see the light and hold it.

Emotions are investor's worse enemy. You know this is not a good time to sell . I am with LFC_bitcoin, not selling before 15k!!

Things maybe in trouble in your personal life, even with a comfortable financial situation. Don't let this interfere with your financial planning.

[Last of the V8s]

oooooooo
am being slow here
is that why they came after Elwar
not because sovereignty issues
but because they heard you were an OG coiner

[JayJuanGee]

Crypto Derivatives

What to expect in a fast-changing market
Galen Moore

https://downloads.coindesk.com/crypto-investing/crypto_derivatives.pdf

Thanks for the link, VB.

I glanced through the article, and even though the title is "crypto derivatives,"  the discussion seems to be almost exclusively about bitcoin in terms of what is the underlying referent "crypto" asset.

I am thinking that the name, "crypto derivative" might be a kind of generic future-proofing attempt rather than any meaningful attempt to avoid the word bitcoin or out of fear of bitcoin, perhaps?

Surely, it could be possible that some of the other cryptos (that we affectionately, and not so affectionately, refer to as "shit coins") could be added to some of these kinds of indexes or the various ways of attempting to measure bitcoin value, changes in bitcoin value and changes in perception of bitcoin value.  The space moves slowly, but sometimes looking back or comparing to other asset classes, we likely can recognize that the space, in regards to bitcoin, moves fast too, and there seem to be a lot of thought and efforts into considering some of these kinds of potential financial offerings that will contribute ongoing and interestingly evolving dynamics to the bitcoin space.

[Fatman3001]

New Plan: Dumping 50 BTC next time we cross $10k USD. Rick approved. He's nervous as well.

Fuck this action.

this is exactly what whales try to force the dump money to do even now at the 8k mark.

don't be the victim be the actor. refuse to be the victim always because it's not good for mentality health to get in this secondary position.

EDIT: sorry, mixed up decline and refuse  (not my mothertongue)

Agreed. Even if you're right and everything goes to shits, you'll probably be so scared and exhausted that you'll buy in higher anyway.

HODL and HODL tight. Ask Rick to clench as well.

[erre]

I usually don't post charts, but I really like this one (copied from here), so I will post it

[/url][/img]

I think it should be crystal clear that the next 24 hours are critical.

[JayJuanGee]

Stay away from Thailand.

They will try to get your money by giving you a choice between death, life in Thai prison (a fate worse than death) or all of your bitcoin.

The lucky get out while they can.

Yep.  Especially if you poke them by engaging in arguably illegal conduct.  Go figure?

oooooooo
am being slow here
is that why they came after Elwar
not because sovereignty issues
but because they heard you were an OG coiner

Hahahahahaha

What a convenient spin.   

[JayJuanGee]

re: My desire to take some profits during this volatility. I'll do 10 corns @ 10k USD regardless, to take a bit of "pressure" off. Sorry for the hmming-and-hawwing back-and-forth on pondering decisions, out-loud.

I can't remember who, maybe all of you guys here from WO, saved me last year. I was desperate to sell at the dip, but I was able to see the light and hold it.

Emotions are investor's worse enemy. You know this is not a good time to sell . I am with LFC_bitcoin, not selling before 15k!!

Things maybe in trouble in your personal life, even with a comfortable financial situation. Don't let this interfere with your financial planning.

Problem is that he is overinvested.  Surely, maybe it is not Bob himself, but if he is taking into account considerations of his partner as being valid considerations, then as a team, they are overinvested, and that is why all the seeming waffling and seeming shaving off of relatively large chunks of BTC holdings at seemingly weird and inopportune times.

[bkbirge]

I intend to keep buying. That is all.

[erre]

Stay away from Thailand.

They will try to get your money by giving you a choice between death, life in Thai prison (a fate worse than death) or all of your bitcoin.

The lucky get out while they can.

Yep.  Especially if you poke them by engaging in arguably illegal conduct.  Go figure?

Thailand decided unilaterally it was "illegal" to threat their sovereignty and that elwar and his wife should die for death penalty. They physically removed the "threat" posed in international waters using war boats and even arrested people who helped in the construction. This potentially deathly aggression was decided without the aid of any international institution.

China is making military bases on artificial islands in international waters, and this seems to be fine (or at least debatable) for international law.

Freedom is not something due to us from the states, even first-word democracies. Freedom was a conquer, and it still is. States don't want anyone to be free from their influences, they would prefer to be in control.
Seastanding is something about freedom, and so it is bitcoin.

[LFC_Bitcoin]

I intend to keep buying. That is all.

Just loading my laptop up to buy £800 more. Keep stacking those sats boys!

[makrospex]

Freedom is not something due to us from the states, even first-word democracies. Freedom was a conquer, and it still is. States don't want anyone to be free from their influences, they would prefer to in control.
Seastanding is something about freedom, and so it is bitcoin.

Individual freedom is a threat to every authoritative system. In Austria, early this year, 24 members of the self called "state league" were arrested, because they didn't obey to the government. Many preppers amongst them, almost all with rightist political orientation. Groups like this were forbidden by law in the process of crushing it.
I don't think freedom is possible easily on earth, at least it could become a nightmare without proper ethical rules, which in turn would not allow individuals to be really "free". There were some important psychological-ethical discussion that all came to the conclusion that freedom is impossible to achieve in societies, primarily because social relationships are based on dependencies. Also, love, for example, wouldn't be possible without (inter)dependency.

[UnDerDoG81]

via Imgflip Meme Generator

Btw..... one of my best friends is a salesman for BMW, yesterday they had an inspection, they asked where is the gender-neutral restroom......
They didn’t have one.... the guy said better provide one it will be obligated!

Where the F*** are we going at 

It's just (one) result of sick human minds.
Bad news is, we all have this sickness, buddhists call this part of our mind "the ego", which makes us vulnerable to hysteria.
If we continue like that, crippling common sense, we will end up pretty bad as society.

All I need is a few million bucks so I get to choose my own society of healthy people.

Poor fucks will have to interact with those sick people every day, like I have been doing for nearly 10 years...

In Thailand the roles seem still intact. Men make money and bring food home, women take care of children and cook. When I will be rich one day I think Thailand could be a nice place to live.

Stay away from Thailand.

They will try to get your money by giving you a choice between death, life in Thai prison (a fate worse than death) or all of your bitcoin.

The lucky get out while they can.

I know, that's why you never show you have cash. Btw. modern western cheating women cost more than honest Asian women. Of course you should not Pick up a bargirl. Women in general became pretty dangerous these days. İ prefer seeing hookers once or twice a week. Cost me less then a GF. Works like charm for a year now. And you bang damn hot chicks you never would get as a GF. At least me.

[erre]

Freedom is not something due to us from the states, even first-word democracies. Freedom was a conquer, and it still is. States don't want anyone to be free from their influences, they would prefer to in control.
Seastanding is something about freedom, and so it is bitcoin.

Individual freedom is a threat to every authoritative system. In Austria, early this year, 24 members of the self called "state league" were arrested, because they didn't obey to the government. Many preppers amongst them, almost all with rightist political orientation. Groups like this were forbidden by law in the process of crushing it.
I don't think freedom is possible easily on earth, at least it could become a nightmare without proper ethical rules, which in turn would not allow individuals to be really "free". There were some important psychological-ethical discussion that all came to the conclusion that freedom is impossible to achieve in societies, primarily because social relationships are based on dependencies. Also, love, for example, wouldn't be possible without (inter)dependency.

Freedom or anarchy are not the absence of rules. All models of anarchy (I.e. chomsky's anarcho-syndacalism) require people to collaborate on the base of rules and common ethic.
But you are free to left the society if you don't like the rules or you think they are not ethical.

I'm not a tinyfoil hat type, but it's clear that we are going in the direction of governments regulating every aspect of life everywhere, they have the will and, for the first time in history, the means to do it.

That's ok if I like the rules, but if I don't like them I have no place to go anymore. In an hundred years the word could become a totalitarian fascist state in a 1984-like  fashion, all we need is a couple wars and people stop fighting for their freedom.

Using btc you have rules (the protocol) which you have to agree if you want to participate, but you can refuse to use bitcoin or fork it if you don't like the rules. But you can't opt-out of state rules or fork the society, and this lead to criminality and conflicts.

Elwar was basically forking, and we should be able to do it.

[erre]

Double post

[Searing]

via Imgflip Meme Generator

Btw..... one of my best friends is a salesman for BMW, yesterday they had an inspection, they asked where is the gender-neutral restroom......
They didn’t have one.... the guy said better provide one it will be obligated!

Where the F*** are we going at 

It's just (one) result of sick human minds.
Bad news is, we all have this sickness, buddhists call this part of our mind "the ego", which makes us vulnerable to hysteria.
If we continue like that, crippling common sense, we will end up pretty bad as society.

All I need is a few million bucks so I get to choose my own society of healthy people.

Poor fucks will have to interact with those sick people every day, like I have been doing for nearly 10 years...

In Thailand the roles seem still intact. Men make money and bring food home, women take care of children and cook. When I will be rich one day I think Thailand could be a nice place to live.

Stay away from Thailand.

They will try to get your money by giving you a choice between death, life in Thai prison (a fate worse than death) or all of your bitcoin.

The lucky get out while they can.

I bow to your hard-won 'expertise' on this matter.  You are damn lucky to have made it out after your ordeal. I hope all is well and calm in your life these days.

brad

[El duderino_]

re: My desire to take some profits during this volatility. I'll do 10 corns @ 10k USD regardless, to take a bit of "pressure" off. Sorry for the hmming-and-hawwing back-and-forth on pondering decisions, out-loud.

I can't remember who, maybe all of you guys here from WO, saved me last year. I was desperate to sell at the dip, but I was able to see the light and hold it.

Emotions are investor's worse enemy. You know this is not a good time to sell . I am with LFC_bitcoin, not selling before 15k!!

Things maybe in trouble in your personal life, even with a comfortable financial situation. Don't let this interfere with your financial planning.

Boy, good the Wall Observer is here yet again....
It has saved you from selling the DIP, now its saving you from selling at the basement area from the next run up....

Please if one does not trade or doesn't do stupid things, then why sell at a fixed price.

1 rule = Is your feeling with holding your money in BTC comfortable? If yes then don't sell.

2 rule = Is your back not against the wall and d o you have an income to live from, then keep stacking them sats when you can.

3 rule = Try to live with BTC and maybe threat it on its price of that day, the price tomorrow isn't sure, we can (I do) believe in a very good and positive outcome BUT nothing is 100% sure, so when if you have an income that provides your needs then don't be bothered and keep saving in BTC, when you want or need something that your normal income can't provide anymore or you need to buy something expensive then just sell some coins.... but for those that are still young, why really target prices, just enjoy the BULL when its there and if needed then change some if not keep saving in sats cause it is the better money

[JayJuanGee]

Stay away from Thailand.

They will try to get your money by giving you a choice between death, life in Thai prison (a fate worse than death) or all of your bitcoin.

The lucky get out while they can.

Yep.  Especially if you poke them by engaging in arguably illegal conduct.  Go figure?

Thailand decided unilaterally it was "illegal" to threat their sovereignty and that elwar and his wife should die for death penalty. They physically removed the "threat" posed in international waters using war boats and even arrested people who helped in the construction. This potentially deathly aggression was decided without the aid of any international institution.

China is making military bases on artificial islands in international waters, and this seems to be fine (or at least debatable) for international law.

Oh I am starting to see.  Individuals like Elwar should be able to just state his territory anywhere he likes, even if he does not have an armed forces to back him up... and nation states should just roll over and allow that?

Freedom is not something due to us from the states, even first-word democracies.

Good luck asserting your freedom to build anywhere that you like and to assert your area as your own sovereign territory.

Freedom was a conquer, and it still is. States don't want anyone to be free from their influences, they would prefer to be in control.

O.k.  So individuals are equal to states.  Hm?

Seastanding is something about freedom, and so it is bitcoin.

You think that these are the same?  Good luck with that.

It seems to me that bitcoin is a bit of a different kind of thing, and can only be successful through a decently long time building of resilience and attack resistance.  You better be a lot more coy if you think that you are going to be able to make any kind of seastead that even comes close to the potential resilience of BTC. 

Surely bitcoin is not a guaranteed success either, and in its beginning, there was a bit of luck that building was done without a lot of scrutiny, and so the current state of bitcoin is quite a bit harder to attack than it would have been in its first few years of existence.  At the same time, there appears to be millions and millions of people buying into bitcoin and developing various systems around it, which surely contribute to its resilience. 

Personally, I feel a lot more comfortable with my investment in bitcoin and even various kinds of liquidity than I would to attempt to make some kind of ideological stance and to put myself out there in a seasteading context in order that I could get hammered down, imprisoned or killed like you already acknowledged to be a real threat.  We only live so long, and surely there are going to be guys (and gals) who are going to be braver than others in terms of putting their bodies on the line.  I personally would not equate that individuals investing into bitcoin are having to put their bodies on the line in the same kind of way to both support bitcoin and to invest various kinds of value into it, including time, sweat equity and money.  So, in that regard, your attempted comparison of seasteading to bitcoin seems a bit off base.

[bkbirge]

O.k.  So individuals are equal to states.  Hm?

Haha! Sure why not, apparently corporations are people now.

Sea-steading is an awesome idea but it's probably more workable right now by being under a nation's protection instead of parking just outside their border and declaring yourself a tax-free zone. Of course the former costs a lot more upfront and likely requires a pretty big organization to get the right momentum, whereas anyone with enough money can do the latter but are likely in for a lot more regulatory pain. Glad Elwar and his wife escaped with their lives and I support the concept.