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Question: What happens first:
New ATH - 43 (69.4%)
<$60,000 - 19 (30.6%)
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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26367886 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. (174 posts by 3 users with 9 merit deleted.)
OutOfMemory
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February 17, 2021, 08:53:37 PM

That's why my plans after taking profit near the peak of this cycle includes an autonomous photovoltaic power supply for the house., maybe coupled with wind energy.

What about a propane or diesel home generator? Wouldn't that be an easier/cheaper solution?

Well, i was thinking about that too, but the neighbors would likely kill me for having this thing running for days (they use firewood) and i just can't sleep in noisy environments. It's a nightmare on intercontinental flights. As soon as i recognize the noise cancellation of the ears at the moment i'm falling asleep, i wake up because the absence of turbine noise is raising some kind of alert. Maybe i shouldn't have tried to forcefully stay awake for quite some time, in an episode of my past life. IDK  Huh

Sorry, drifting off topic a little...
The big plus of the PV cells is that you feed the unused power into the supply network, which saves and sometimes even generates some good amount of money.
It just has to be big enough to run the house on a semi-clouded day. A dry, floating room (room in a room), dug into the ground for a tank and generator that could run for days would cost much more, but this would be the minimum.
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February 17, 2021, 09:09:35 PM

We can say that Bitcoin broke all the resistances one by one. After passing the 49000$ threshold, which is psychologically, it started to keep itself in the 50000$ band. Let's see what will happen after that.

$50k is the value that makes the FED overheats, they are at their wits' end to fight BTC

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February 17, 2021, 09:14:31 PM

Deep sympathy for all Altcoin holders..  Tongue



Some of them go up while bitcoin goes up. Smiley ... Just sayin... Tongue  Roll Eyes

I see that you continue to be distracted SaveTheRF.  Must: suck to be such a lost lil puppy, no?

 Cheesy Cheesy Cheesy Cheesy

Yep... I'm kinda hopeless when it comes to gambling. Smiley

But the bright side, I'm out of Doge for some time now. Tongue
That sh!t is so manipulated by m-eLon that I wouldn't touch it too soon till it becomes more "honest". Or wtf that sh!t is supposed to mean, it needs to have a bigger market cap so sh!theadpricks like m-eLLon wouldn't and couldn't touch it even if he wanted to. Smiley  Roll Eyes
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February 17, 2021, 09:20:07 PM



Better




amazing lol
savetherainforest
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February 17, 2021, 09:24:40 PM


^ EXACTLY !!!!!!!!  Shocked  Shocked ...... A f^cking precise and most accurate & articulated meme, about sh!ty reality of billionaire influencers.  Cry  Tongue  Roll Eyes  Cheesy
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February 17, 2021, 09:31:29 PM



To be fair, the government's awful response to handling the economy through covid is less on the president and more on the legislature and state governments. Shut things down in a stupid way then you have to help people out but you can't discriminate so you have to print enough for everyone and then because you're the government and there's just no other way of doing it, you load it down with pork that eclipses the aid to the people you're supposed to be helping. You don't raise this money through taxes, of course since you just crapped up the economy so just run the money printers.

There's going to be a relief bill for Texas too, no doubt. We know how that will go.

As a Bitcoin hodler, it's very bullish but I'm not much looking forward to trying to find a Bitcoin ATM in a post-apocalyptic wasteland.
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February 17, 2021, 09:33:09 PM

BREAKING: SALTY NOCOINER INSULTED ONLINE BY A PERSON WHO OWNS SOME BITCOIN; CHOOSES TO STAY POOR AS REVENGE
https://twitter.com/udiWertheimer/status/1362085143914180608?s=20
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February 17, 2021, 09:36:17 PM
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LFC Bitcoin Price IndicatorTM: $292* (484% gain)

Onwards & upwards.

HoDL.

* Explanation.
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February 17, 2021, 09:39:14 PM

Well, i was thinking about that too, but the neighbors would likely kill me for having this thing running for days (they use firewood) and i just can't sleep in noisy environments. It's a nightmare on intercontinental flights. As soon as i recognize the noise cancellation of the ears at the moment i'm falling asleep, i wake up because the absence of turbine noise is raising some kind of alert. Maybe i shouldn't have tried to forcefully stay awake for quite some time, in an episode of my past life. IDK  Huh

They have some very quiet gas generators. PV is possibly a good idea too though.

The thing about a generator is that you don't need to run it 24/7. When out power was out, we were running a couple of times a day just to keep the freezer cold. The last few days have been overcast so PV would probably have been less then optimal. The passive nature of PV and not requiring fuel is definitely a bonus. I would suggest that it's worth having both and using each to its strengths.
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February 17, 2021, 09:39:39 PM

Well, i was thinking about that too, but the neighbors would likely kill me for having this thing running for days (they use firewood) and i just can't sleep in noisy environments. It's a nightmare on intercontinental flights. As soon as i recognize the noise cancellation of the ears at the moment i'm falling asleep, i wake up because the absence of turbine noise is raising some kind of alert. Maybe i shouldn't have tried to forcefully stay awake for quite some time, in an episode of my past life. IDK  Huh

They have some very quiet gas generators. PV is possibly a good idea too though.

The thing about a generator is that you don't need to run it 24/7. When out power was out, we were running a couple of times a day just to keep the freezer cold. The last few days have been overcast so PV would probably have been less then optimal. The passive nature of PV and not requiring fuel is definitely a bonus. I would suggest that it's worth having both and using each to its strengths.

Having thought this further, i may buy a 10-12kW mobile generator (fuel) and build a tiny, wooden shed for protection and fuel storage.
Just in case. $5-6k for something that shouldn't let me down if i power it up occasionally. I would just have to use up the fuel once a year or every other, depending on how long the fuel has good quality (relying on additives, i guess).


As a Bitcoin hodler, it's very bullish but I'm not much looking forward to trying to find a Bitcoin ATM in a post-apocalyptic wasteland.

And once you found one, it will take some time to get the tens of thousands of dollar bills into your armored lambo, one handed, because of the gun you're holding...  Shocked
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February 17, 2021, 09:41:49 PM
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it's hilarious to still see bitcoin being compared to the tulip bubble

fairly easy to spot the difference



https://twitter.com/JosephTodaro_/status/1361763262581272576?s=20
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February 17, 2021, 10:00:47 PM

it's hilarious to still see bitcoin being compared to the tulip bubble

fairly easy to spot the difference



https://twitter.com/JosephTodaro_/status/1361763262581272576?s=20

The point is, comparing things/events from the past to one of current time (and the future), which are not even very similar, is just wrong in most cases.
I mean: Tulips? REALLY?!

EDIT: Bitcoin is the first real counterweight for fiat money. How can somebody, even a so called "expert" even compare this to the irregularly crazy tulip mania?
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February 17, 2021, 10:23:54 PM

The point is, comparing things/events from the past to one of current time (and the future), which are not even very similar, is just wrong in most cases.
I mean: Tulips? REALLY?!

EDIT: Bitcoin is the first real counterweight for fiat money. How can somebody, even a so called "expert" even compare this to the irregularly crazy tulip mania?

Stupid questions: I've always wondered... How did the owners keep their tulips in good condition? Weren't they worried that they may dry out and die? How long can a tulip even last?

I would be very worried if I had to take care of my Bitcoins like plants. You know, water them, get them out in the sun, protect them from pests, feed them with nutrients... Hard work! Fortunately, my Trezor and/or paper seed backups don't need anything to survive, not even power. Maintenance-free forever!
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February 17, 2021, 10:37:57 PM

The point is, comparing things/events from the past to one of current time (and the future), which are not even very similar, is just wrong in most cases.
I mean: Tulips? REALLY?!

EDIT: Bitcoin is the first real counterweight for fiat money. How can somebody, even a so called "expert" even compare this to the irregularly crazy tulip mania?

Stupid questions: I've always wondered... How did the owners keep their tulips in good condition? Weren't they worried that they may dry out and die? How long can a tulip even last?

I would be very worried if I had to take care of my Bitcoins like plants. You know, water them, get them out in the sun, protect them from pests, feed them with nutrients... Hard work! Fortunately, my Trezor and/or paper seed backups don't need anything to survive, not even power. Maintenance-free forever!

Maybe a tuliptologist has an answer for this. But onions for example hold also a long time if proper stored... I think...
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February 17, 2021, 10:43:34 PM

The point is, comparing things/events from the past to one of current time (and the future), which are not even very similar, is just wrong in most cases.
I mean: Tulips? REALLY?!

EDIT: Bitcoin is the first real counterweight for fiat money. How can somebody, even a so called "expert" even compare this to the irregularly crazy tulip mania?

Stupid questions: I've always wondered... How did the owners keep their tulips in good condition? Weren't they worried that they may dry out and die? How long can a tulip even last?

I would be very worried if I had to take care of my Bitcoins like plants. You know, water them, get them out in the sun, protect them from pests, feed them with nutrients... Hard work! Fortunately, my Trezor and/or paper seed backups don't need anything to survive, not even power. Maintenance-free forever!

Tulips are just like fiat or Ethereum. Before you run out of them, you just grow some new ones.
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February 17, 2021, 10:54:15 PM
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February 17, 2021, 11:00:51 PM
Merited by vapourminer (1), JimboToronto (1), OutOfMemory (1)

The point is, comparing things/events from the past to one of current time (and the future), which are not even very similar, is just wrong in most cases.
I mean: Tulips? REALLY?!

EDIT: Bitcoin is the first real counterweight for fiat money. How can somebody, even a so called "expert" even compare this to the irregularly crazy tulip mania?

Stupid questions: I've always wondered... How did the owners keep their tulips in good condition? Weren't they worried that they may dry out and die? How long can a tulip even last?

I would be very worried if I had to take care of my Bitcoins like plants. You know, water them, get them out in the sun, protect them from pests, feed them with nutrients... Hard work! Fortunately, my Trezor and/or paper seed backups don't need anything to survive, not even power. Maintenance-free forever!

Maybe a tuliptologist has an answer for this. But onions for example hold also a long time if proper stored... I think...

... tulips garlic and onions all have bulbs that are perennial. Garlic and onions are alliums and the dried bulbs can last 12-18 months at the extreme in perfect storage conditions.

... the tulib bulb mania was to do with the speculative frenzy that came about when derivatives were invented to hedge/gamble on which bulbs would be in fashion for the next growing season.

tulip flowers produce new bulbs at their base at the end of the flowering season and there is always, still today, a robust fluctuating market in different bulbs based on the colours, stripes, size, etc of the flowers .... a lot like shitcoins

someone figured out how to sell futures on rare fashionable tulip bulbs around the same time there was a general speculative mania in dutch coffee houses share trading from governments creating easy free money while experimenting with fiat money ... sound familiar?
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February 17, 2021, 11:09:50 PM

The point is, comparing things/events from the past to one of current time (and the future), which are not even very similar, is just wrong in most cases.
I mean: Tulips? REALLY?!

EDIT: Bitcoin is the first real counterweight for fiat money. How can somebody, even a so called "expert" even compare this to the irregularly crazy tulip mania?

Stupid questions: I've always wondered... How did the owners keep their tulips in good condition? Weren't they worried that they may dry out and die? How long can a tulip even last?

I would be very worried if I had to take care of my Bitcoins like plants. You know, water them, get them out in the sun, protect them from pests, feed them with nutrients... Hard work! Fortunately, my Trezor and/or paper seed backups don't need anything to survive, not even power. Maintenance-free forever!

Maybe a tuliptologist has an answer for this. But onions for example hold also a long time if proper stored... I think...

... tulips garlic and onions all have bulbs that are perennial. Garlic and onions are alliums and the dried bulbs can last 12-18 months at the extreme in perfect storage conditions.

... the tulib bulb mania was to do with the speculative frenzy that came about when derivatives were invented to hedge/gamble on which bulbs would be in fashion for the next growing season.

tulip flowers produce new bulbs at their base at the end of the flowering season and there is always, still today, a robust fluctuating market in different bulbs based on the colours, stripes, size, etc of the flowers .... a lot like shitcoins

someone figured out how to sell futures on rare fashionable tulip bulbs around the same time there was a general speculative mania in dutch coffee houses share trading from governments creating easy free money while experimenting with fiat money ... sound familiar?

Thank you. Very interesting fact!
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February 17, 2021, 11:20:41 PM

Btw I have no idea of TA but I like this one here... I think in another "bearish idea",, not from him, he gave in the comments a lot of  fire.. And I like the idea of a target by 90k...yes I am fomo as fuck...

https://www.tradingview.com/chart/BTCUSD/WZsoglor-Bitcoin-is-officially-above-the-2nd-Standard-Deviation/
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February 17, 2021, 11:37:13 PM

The tulip comments made me think of the following (obvious, I know, but just thinking about it makes one realise the power of Bitcoin):

This is the first and only type of "money" that you can keep/store inside your head, or write down on a piece of paper. Think about it. Nothing else has this property. The username and password of your bank account is not the same, because it's the bank that will still have to authorize anything you want to do.

How can "experts" like Nouriel Roubini spew such nonsense? How can anyone (who is capable of understanding the tech) not be awed and instantly embrace it? It's just mind-boggling. I can totally understand Andreas Antonopoulos' comment that, when he realised what Bitcoin was, he was totally hooked, to the point of devoting himself to studying it 24/7, and losing something like 10+ kg by not eating or sleeping properly for a period of time.

All WOers, realise this: we are all active participants and witnesses of history in the making. It's a privilege few understand they could have. It's the realisation and understanding of the tech and its implications that counts, not owning BTC per se. But it's impossible NOT to own BTC when you have realised what Bitcoin is. Knowledge --> Ownership --> Wealth. Logical conclusion: nocoiners either do not understand Bitcoin, or they are so poor as to not be able to own any (i.e., they're either stupid or unlucky). Sucks to be them!
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