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

[Miz4r]

how long am I going to have to wait??? huh?

Yesterday I was feeling bearish- VERY bearish.  I felt the most bearish I have ever felt.

I even went online and was looking for a high paying job.  Bitcoin was failing me.

Perhaps the fact a permabull like me was feeling this way is a true sign we reached full capitulation and we are finally on our way up?  

Hopefully the wait is over!

Keep looking for that job. Bitcoin will not save you from needing to work for your money. If you don't think so, then that is a true sign the worst is still to come.

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[ChartBuddy]

Coin
Explanation

[Fatman3001]

Democracy is an oxymoron. Demo-cracy mean power of people, but power over whom? Over themselves? It makes no sense, like horse riding on itself.
In reality it's state having power over people. By force and deception. Police is the force, democracy is the deception. As for relations between judges and police, it may be true, but it  doesn't matter. They are parts of single entity: the state, and this entity is your collective owner. They are ultimate owners of your money, freedom and life. They can take it from you, if they decide to.

Hi again Wary,

But how would you suggest that society should arrange itself?

Through contract jurisdictions. Cancel territorial monopoly of states. States currently form a cartel, they divided all land (along with people that live on this land) between themselves. We should break this cartel, force them compete for us, the customers, and let us, the customers, choose (choose for themselves and themselves only). Any state should be able to provide their services to everyone, and everyone should be able to subscribe to services of any state, without relocating. Just like you subscribe to an internet provider.

Results of such arrangement:
-No "cracy". Nobody will have power over honest person. If your "protection provider" leans on you, you just go to their competitor.
-Fees instead of taxes. You pay not % of your income, but $ for services provided.
-"Save and protect" (i.e. police and judges) becomes real service, rather than hypocrisy.
-Apart from protecting you from thugs&crooks, no other services from states. They won't mess with health, education, currency, pension, religion, sex, marriage etc etc etc.
-States will be doing the only thing, but will be doing it much better than now, and much cheaper (as always happens when forced monopoly is replaced by free competition).
To see the scale of possible improvement, try to imagine how would it look if we were choosing boots the same way as we are choosing presidents: one size/shape/color for the whole country, elected from just two options once in 4 years.

tl;dr; Let market forces improve the states, like they improved other sides of life.

More details - in numerous ancap writings. Like old, but still good D.Friedman's "Machinery of freedom".

With states, are you talking about sovereign states or federal states (Like the states of the USA)?

And how does your system of changing "protection provider" differ from migration, and how is it achieved?

[BitChick]

how long am I going to have to wait??? huh?

Yesterday I was feeling bearish- VERY bearish.  I felt the most bearish I have ever felt.

I even went online and was looking for a high paying job.  Bitcoin was failing me.

Perhaps the fact a permabull like me was feeling this way is a true sign we reached full capitulation and we are finally on our way up?  

Hopefully the wait is over!

Keep looking for that job. Bitcoin will not save you from needing to work for your money. If you don't think so, then that is a true sign the worst is still to come.

It isn't like I don't work, however, as a mostly "at home" mom I don't work full-time.  I do a real estate transaction here and there and some other side jobs.  I was just thinking of finding something more permanent and full-time.  It would actually put a strain on the family to do so though.  Another Bitcoin bubble would make things just a little easier.  I am sure I am not the only one on here that feels that way.

[Fatman3001]

how long am I going to have to wait??? huh?

Yesterday I was feeling bearish- VERY bearish.  I felt the most bearish I have ever felt.

I even went online and was looking for a high paying job.  Bitcoin was failing me.

Perhaps the fact a permabull like me was feeling this way is a true sign we reached full capitulation and we are finally on our way up?  

Hopefully the wait is over!

Keep looking for that job. Bitcoin will not save you from needing to work for your money. If you don't think so, then that is a true sign the worst is still to come.

It isn't like I don't work, however, as a mostly "at home" mom I don't work full-time.  I do a real estate transaction here and there and some other side jobs.  I was just thinking of finding something more permanent and full-time.  It would actually put a strain on the family to do so though.  Another Bitcoin bubble would make things just a little easier.  I am sure I am not the only one on here that feels that way.

I wouldn't mind it being a more sustainable trend than a bubble.

[BlindMayorBitcorn]

nice & slowly.

That does not sound like shnappy to me.

More stabby I'd say

[Fatman3001]

nice & slowly.

That does not sound like shnappy to me.

More stabby I'd say

Tarmi seems frustrated. I think we all should be a bit more encouraging to him.

[TulipMania Troll]

Can't ...even ...break ...$250
https://i.imgflip.com/gi78o.gif

[damiano]

how long am I going to have to wait??? huh?

Yesterday I was feeling bearish- VERY bearish.  I felt the most bearish I have ever felt.

I even went online and was looking for a high paying job.  Bitcoin was failing me.

Perhaps the fact a permabull like me was feeling this way is a true sign we reached full capitulation and we are finally on our way up?  

Hopefully the wait is over!

Keep looking for that job. Bitcoin will not save you from needing to work for your money. If you don't think so, then that is a true sign the worst is still to come.

It isn't like I don't work, however, as a mostly "at home" mom I don't work full-time.  I do a real estate transaction here and there and some other side jobs.  I was just thinking of finding something more permanent and full-time.  It would actually put a strain on the family to do so though.  Another Bitcoin bubble would make things just a little easier.  I am sure I am not the only one on here that feels that way.

[Wary]

With states, are you talking about sovereign states or federal states (Like the states of the USA)?
And how does your system of changing "protection provider" differ from migration, and how is it achieved?

Federal states are not quite states. Which have become clear by 1865
I'm talking about any company that offers protection services. Size can vary from one person to millions of employees. Origin - current states or multinationals or protection companies or gangs.

The major difference from emigration - in not having to emigrate. The same way like you don't have to relocate to change internet provider or bank or insurance company.
If you ever emigrated, you would agree that it's very costly enterprise, in all respects, in most cases - prohibitively costly. "My" system reduces the cost of switching protection provider to practically zero and therefore allows market forced act freely.

How it is achieved - is a million dollar question. I hope that bitcoin (and monero) is a step in this direction.

Transition to such system is basically transfer from socialism to capitalism. Replacing the remaining pocket of socialism - the state, by capitalistic companies.
We've seen examples of such transfer in economics during last decades. There is basically two major ways: voluntary and compulsory. The voluntary one (China) is when state builds the market. The compulsory is when the state collapses and market emerges from the resulting chaos (Soviet Union). I hope the transition will be voluntary but afraid that it will be compulsory.    

[hyphymikey]

I smell bear blood

[BitChick]

how long am I going to have to wait??? huh?

Yesterday I was feeling bearish- VERY bearish.  I felt the most bearish I have ever felt.

I even went online and was looking for a high paying job.  Bitcoin was failing me.

Perhaps the fact a permabull like me was feeling this way is a true sign we reached full capitulation and we are finally on our way up?  

Hopefully the wait is over!

Keep looking for that job. Bitcoin will not save you from needing to work for your money. If you don't think so, then that is a true sign the worst is still to come.

It isn't like I don't work, however, as a mostly "at home" mom I don't work full-time.  I do a real estate transaction here and there and some other side jobs.  I was just thinking of finding something more permanent and full-time.  It would actually put a strain on the family to do so though.  Another Bitcoin bubble would make things just a little easier.  I am sure I am not the only one on here that feels that way.

I wouldn't mind it being a more sustainable trend than a bubble.

I think we will have a few more bubbles until we get to that point.  But what do I know?  I admit that I have been repeatedly surprised by BTC since when I first bought in 2013.

[Shatoshi]

With states, are you talking about sovereign states or federal states (Like the states of the USA)?
And how does your system of changing "protection provider" differ from migration, and how is it achieved?

Federal states are not quite states. Which have become clear by 1865
I'm talking about any company that offers protection services. Size can vary from one person to millions of employees. Origin - current states or multinationals or protection companies or gangs.

The major difference from emigration - in not having to emigrate. The same way like you don't have to relocate to change internet provider or bank or insurance company.
If you ever emigrated, you would agree that it's very costly enterprise, in all respects, in most cases - prohibitively costly. "My" system reduces the cost of switching protection provider to practically zero and therefore allows market forced act freely.

How it is achieved - is a million dollar question. I hope that bitcoin (and monero) is a step in this direction.

Transition to such system is basically transfer from socialism to capitalism. Replacing the remaining pocket of socialism - the state, by capitalistic companies.
We've seen examples of such transfer in economics during last decades. There is basically two major ways: voluntary and compulsory. The voluntary one (China) is when state builds the market. The compulsory is when the state collapses and market emerges from the resulting chaos (Soviet Union). I hope the transition will be voluntary but afraid that it will be compulsory.   

You mean well, but I think optimists like you will be taken advantage of by liars who call themselves free-marketers.  Looking at history, I would worry we would all be starved out by the post-Soviet style economic "shock therapy" your scenario entails, only to end up with equally concentrated power/wealth in the hands of a new generation of oligopolists.

Except for me of course.  I won't starve.  I'm a bitcoin millionaire.

[tarmi]

I smell bear blood

[criptix]

how long am I going to have to wait??? huh?

Yesterday I was feeling bearish- VERY bearish.  I felt the most bearish I have ever felt.

I even went online and was looking for a high paying job.  Bitcoin was failing me.

Perhaps the fact a permabull like me was feeling this way is a true sign we reached full capitulation and we are finally on our way up?  

Hopefully the wait is over!

Keep looking for that job. Bitcoin will not save you from needing to work for your money. If you don't think so, then that is a true sign the worst is still to come.

It isn't like I don't work, however, as a mostly "at home" mom I don't work full-time.  I do a real estate transaction here and there and some other side jobs.  I was just thinking of finding something more permanent and full-time.  It would actually put a strain on the family to do so though.  Another Bitcoin bubble would make things just a little easier.  I am sure I am not the only one on here that feels that way.

the blue pill please  

/edit

found something interesting http://en.wikipedia.org/wiki/Qubes_OS

[YourMother]

That 5 dollar pump was just an April Fools joke. The raid is coming.

[Fatman3001]

@Wary
Ok, thanks! I was really curious as to how you thought about these things. It seems like an interesting idea with a lot of the same obstacles as socialist anarchism, but from a completely different angle. Will be interesting to see if they can get any of the social experiments in South America off the ground.

[ChartBuddy]

Coin
Explanation

[Fatman3001]

how long am I going to have to wait??? huh?

Yesterday I was feeling bearish- VERY bearish.  I felt the most bearish I have ever felt.

I even went online and was looking for a high paying job.  Bitcoin was failing me.

Perhaps the fact a permabull like me was feeling this way is a true sign we reached full capitulation and we are finally on our way up?  

Hopefully the wait is over!

Keep looking for that job. Bitcoin will not save you from needing to work for your money. If you don't think so, then that is a true sign the worst is still to come.

It isn't like I don't work, however, as a mostly "at home" mom I don't work full-time.  I do a real estate transaction here and there and some other side jobs.  I was just thinking of finding something more permanent and full-time.  It would actually put a strain on the family to do so though.  Another Bitcoin bubble would make things just a little easier.  I am sure I am not the only one on here that feels that way.

I wouldn't mind it being a more sustainable trend than a bubble.

I think we will have a few more bubbles until we get to that point.  But what do I know?  I admit that I have been repeatedly surprised by BTC since when I first bought in 2013.

Depends on rate of adoption and who adopts. Wall Street can only get us so far. To quote someone I don't remember who: we can't all make a living cutting each others hair.

[Specular]