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

[nutildah]

Cheeseburgers w/ extra bacon
Weed
Cabernet Sauvignon
Grand Theft Auto V

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[nutildah]

You'll find the antipathy works both ways. Looks at all the zerohedge comments along the lines of "BTC is a scam. Just buy gold"

BTW, how was the Philippines trip?

[mindrust]

never got that

gold is good, silver is good, quality machine tools and weapons are good, Bitcoin is good

land is...ok

everything else?  not so much

Land is pretty crap actually.

If you can't hide it from the government, it is a bad investment. You can hide bitcoin pretty well if you didn't make any mistakes. Gold is a bit tricky since it takes physical space but still doable.

You can't buy land without letting the government know about it and if they know about it, they can tax you for owning it.

Investing in Real estate&Land only makes sense when you get so rich and have so many hidden wealth, you wouldn't care if the government seize all your known assets.

[JSRAW]

Land is pretty crap actually.

Bitcoiner should avoid maximalist attitude ( imo  ), its harmful in many ways similar to monolithic religion.

You live on land or fiat or Bitcoin?

[d_eddie]

https://twitter.com/BitcoinMemeHub/status/1217262675262087168

Who are the chicks in the pic?

[exstasie]

I think if we break $9,000 it could be a quick run up to five figures.

Yeah the first time we crossed 9K this year that was a short lived area, 10K was like instant asked and delivered

Might be short-lived this time around too. The 200-day MA is hovering around $9,100. That's our next big resistance. Then we'll contend with the $10K area, which I expect bears to sell into hard. They'll want to keep the weekly progression of lower highs intact.

[bitserve]

never got that

gold is good, silver is good, quality machine tools and weapons are good, Bitcoin is good

land is...ok

everything else?  not so much

Land is pretty crap actually.

If you can't hide it from the government, it is a bad investment. You can hide bitcoin pretty well if you didn't make any mistakes. Gold is a bit tricky since it takes physical space but still doable.

You can't buy land without letting the government know about it and if they know about it, they can tax you for owning it.

Investing in Real estate&Land only makes sense when you get so rich and have so many hidden wealth, you wouldn't care if the government seize all your known assets.

Having some "value" out of the system (ie. some BTC) is great. But you also need to have some economic power IN the system. Plus you can't own land/real estate without it.

In fact I think almost contrary than you in the way that you start wanting to have some outside of the system when you do have enough inside the system.

ALSO, and it is a very important also, in most developed countries you better not have too much outside of the system in comparison to what  you have inside.... or your lifestyle will become very suspicious and get you into trouble. ie: No lambo or yatch without a solid official wealth.

Being rich ONLY out of the system is incredibly costly.

The best is a reasonable and confortable balance between both "worlds".

Disclaimer: I *LOVE* real estate.

[xhomerx10]

That's my bullish input for all you moon boys anyway.

Not going to win too many friends in these parts by referring to peeps here (and assumingly HODLers and accumulators) as moon boys.  But, hey, do what you feel that you must.

Sorry, that BTC prices are moving against your anticipations  ...... Not really.

It's ok I'm not looking for friends, just to learn from others   You're right, it did go against how I anticipated though, not going to deny that  
Lucky I didn't get rekt™ shorting really. Didn't realise moon boys was offensive though, I thought anyone who believes a $100K BTC is possible in the near future was a moon boy by default. We're all moon boys? Maybe men still get offended by being called boys I dunno, I forget to keep check of these things.
Maybe moon men would be more appropriate, but doesn't have the ring to it.

 “I like offending people, because I think people who get offended should be offended.”
― Linus Torvalds
 
 Fuckin' Fins!   Here's a hat




 avatar-sized

 


edit: No offense intended toward the offensible Fins 

[mindrust]

Land is pretty crap actually.

Bitcoiner should avoid maximalist attitude, its harmful in many ways similar to monolithic religion.

You live on land or fiat or Bitcoin?

Let's make it simple: I don't like governments. I don't really want to be governed at all.

What I like is unconfiscatable sound money.

In fact I think almost contrary than you in the way that you start wanting to have some outside of the system when you do have enough inside the system.

I don't get it. Do you want to have more outside the system money first, then inside the system? Because that's exactly what I want.

If you want the opposite (inside first, outside later) , that's fine too but it is probably harder to have because they tax you first with this route. You have to get rich with the amount whatever they let you get away with.

In my way, I get rich first, then I decide what they get from me.

[JSRAW]

Land is pretty crap actually.

Bitcoiner should avoid maximalist attitude, its harmful in many ways similar to monolithic religion.

You live on land or fiat or Bitcoin?

Let's make it simple: I don't like governments. I don't really want to be governed at all.

What I like is unconfiscatable sound money.

Very enlightened answer. Let's boycott government and starting with internet. They invented this, Agree?

[mindrust]

Land is pretty crap actually.

Bitcoiner should avoid maximalist attitude, its harmful in many ways similar to monolithic religion.

You live on land or fiat or Bitcoin?

Let's make it simple: I don't like governments. I don't really want to be governed at all.

What I like is unconfiscatable sound money.

Very enlightened answer. Let's boycott government and starting with internet. They invented this, Agree?

You can't completely live a government-free life obviously but you can get close.

Why do you think they are trying to ban every anonymous payment method there is? (like cash) So people don't try to form their secret government-free communities.

I am not saying we should kill the politicians. I am again, hedging my position. Because that's my main algorithm in life. Always hedge. Fuck zerohedge.

[Phil_S]

[vapourminer]

looks like the SV pump has shot its bolt

glad I dumped near the top

i was busy last night and it took me a bit to find the paper wallet i had some split out bsv on. so i didnt dump it till this morning. was good enough for me though. i dont need the exact top, anywhere in the ballpark is fine by me.

[willope]

Who are the chicks in the pic?

Craig Wright and Roger Ver.

[VB1001]

https://twitter.com/BitcoinMemeHub/status/1217262675262087168

Who are the chicks in the pic?

The girl on the left could be Kelly Loeffler, former CEO of Bakkt and now senator, or some TV host with a trend BCASH/BSV

[d_eddie]

Hm... and could the dark haired one be Meltem?

[infofront]

You'll find the antipathy works both ways. Looks at all the zerohedge comments along the lines of "BTC is a scam. Just buy gold"

BTW, how was the Philippines trip?

Very relaxing. Thanks for asking

[bitserve]

In fact I think almost contrary than you in the way that you start wanting to have some outside of the system when you do have enough inside the system.

I don't get it. Do you want to have more outside the system money first, then inside the system? Because that's exactly what I want.

If you want the opposite (inside first, outside later) , that's fine too but it is probably harder to have because they tax you first with this route. You have to get rich with the amount whatever they let you get away with.

In my way, I get rich first, then I decide what they get from me.

I want to have enough wealth inside the system and then as much as I can outside. Or a reasonable balance between the two. Which could be 50-50 or any other arbitrary amount after I have enough in both "worlds".

Why inside first? Because most of the good things I like need in-system money: Real estate, car, lifestyle (yes, if your spending lifestyle is very apart from your official income / net worth that could get you into trouble).

Money outside the system is only useful as a backup in case everything falls apart. Or for survival (food, clothes, basic shelter, small daily expenses, etc).

Taxes? Well, yeah, who likes them... but living outside of the system can be even more costly than taxes, ie: rent instead of owning/mortgage home, etc...

Also, if you manage to reach a few millions wealth completely out of the system without an official similar wealth... Good luck converting that into a healthy balance afterwards. It is not that easy, and anyways very costly.

My aim? Having a good balance between the two as both have its pros and cons.

[Dabs]

You got out before the volcano's first eruption? (The first one is steam only with ash, the second one, still hasn't happened, but may still happen ...)

[mindrust]

Is that muscled boomer... Peter Schiff? Basturd. How dare you do that to samson!