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

[gentlemand]

Few Testarossas stayed with one owner for 30 years. Those who bought it new got what they wanted. Those who bought them dirt cheap 10-15 years ago got a taste of the dreams of their youth. And those who bought them as an investment at half the price they are now, got what they wanted. I've yet to meet an unhappy Testarossa owner.

I've owned a few borderline supercars but would never go overboard into a proper one. They invoke some violent reactions from people. And lower tier cars as an 'investment' rather than the blue chip stuff are a mirage if you own them for long periods. They'll break even maybe but all that maintenance and taxation adds up rapidly.

It's a different matter if you've bought within the last few years maybe but they're only worth what others'll pay. Not the most liquid thing you can ever own. I think a shit ton of people will be burned with the more modest stuff. Old style BMW M3 Evo Sport's go for up to $150,000. I nearly bought one at $10,000 but it was a dog. That doesn't smell sustainable to me.

[fish731]

Few Testarossas stayed with one owner for 30 years. Those who bought it new got what they wanted. Those who bought them dirt cheap 10-15 years ago got a taste of the dreams of their youth. And those who bought them as an investment at half the price they are now, got what they wanted. I've yet to meet an unhappy Testarossa owner.

I've owned a few borderline supercars but would never go overboard into a proper one. They invoke some violent reactions from people. And lower tier cars as an 'investment' rather than the blue chip stuff are a mirage if you own them for long periods. They'll break even maybe but all that maintenance and taxation adds up rapidly.

It's a different matter if you've bought within the last few years maybe but they're only worth what others'll pay. Not the most liquid thing you can ever own. I think a shit ton of people will be burned with the more modest stuff. Old style BMW M3 Evo Sport's go for up to $150,000. I nearly bought one at $10,000 but it was a dog. That doesn't smell sustainable to me.

Surely if you drive around in them you have to pay huge insurance bills each year. Don't those bills add up to a super car's value after 30 years? An 18 year old would be charged as much as a lambo cost to insure it. A thirty year old would pay much less, but still a considerable sum each year, and that's only if he'd never made a claim.

[Fatman3001]

Few Testarossas stayed with one owner for 30 years. Those who bought it new got what they wanted. Those who bought them dirt cheap 10-15 years ago got a taste of the dreams of their youth. And those who bought them as an investment at half the price they are now, got what they wanted. I've yet to meet an unhappy Testarossa owner.

I've owned a few borderline supercars but would never go overboard into a proper one. They invoke some violent reactions from people. And lower tier cars as an 'investment' rather than the blue chip stuff are a mirage if you own them for long periods. They'll break even maybe but all that maintenance and taxation adds up rapidly.

It's a different matter if you've bought within the last few years maybe but they're only worth what others'll pay. Not the most liquid thing you can ever own. I think a shit ton of people will be burned with the more modest stuff. Old style BMW M3 Evo Sport's go for up to $150,000. I nearly bought one at $10,000 but it was a dog. That doesn't smell sustainable to me.

I'd happily spend my days polishing a Diablo, an '89 M5 and a 993 when I'm not watching the charts. You have to enjoy it a bit if it's gonna be worthwhile. XJ220 is still underpriced, I'd polish the shit out of that!

Surely if you drive around in them you have to pay huge insurance bills each year. Don't those bills add up to a super car's value after 30 years? An 18 year old would be charged as much as a lambo cost to insure it. A thirty year old would pay much less, but still a considerable sum each year, and that's only if he'd never made a claim.

Are you MAD? You can't DRIVE IT! You just nurture the leather with milk and massage. Squirt some oil in the dirty spots and polish that rod until it's time for a bowl of weetos.

Oooohhh Yeeeaaahhh!!!

[FullLife]

Few Testarossas stayed with one owner for 30 years. Those who bought it new got what they wanted. Those who bought them dirt cheap 10-15 years ago got a taste of the dreams of their youth. And those who bought them as an investment at half the price they are now, got what they wanted. I've yet to meet an unhappy Testarossa owner.

I've owned a few borderline supercars but would never go overboard into a proper one. They invoke some violent reactions from people. And lower tier cars as an 'investment' rather than the blue chip stuff are a mirage if you own them for long periods. They'll break even maybe but all that maintenance and taxation adds up rapidly.

It's a different matter if you've bought within the last few years maybe but they're only worth what others'll pay. Not the most liquid thing you can ever own. I think a shit ton of people will be burned with the more modest stuff. Old style BMW M3 Evo Sport's go for up to $150,000. I nearly bought one at $10,000 but it was a dog. That doesn't smell sustainable to me.

I'd happily spend my days polishing a Diablo, an '89 M5 and a 993 when I'm not watching the charts. You have to enjoy it a bit if it's gonna be worthwhile. XJ220 is still underpriced, I'd polish the shit out of that!

As underwhelming as the XJ220 is, I wouldn't go anywhere near that thing .

[ChartBuddy]

Coin
Explanation

[gentlemand]

Surely if you drive around in them you have to pay huge insurance bills each year. Don't those bills add up to a super car's value after 30 years? An 18 year old would be charged as much as a lambo cost to insure it. A thirty year old would pay much less, but still a considerable sum each year, and that's only if he'd never made a claim.

You'd be surprised. Especially when you're into your 30s and beyond. A piece of shit 20 year old Citroen only cost $150 less than a V12 Aston Martin worth 100 times more when I was checking out insurance quotes. No idea why.

If you'd bought one of the current hot sellers in the last 2-3 years you'd no doubt make bank. There've been some insane price rises. If you'd cherished your whatever from new it probably absorbed its purchase price and more in keeping it rolling over the years.

I remember the car bubble of the late 80s. Investment banks were buying cars to stick in vaults believing they were on to a dead cert. Then it turned to dust in a truly stunning fashion. I bought an Alfa SZ around 2000 for about $18,000. In 1989-90 they were being advertised for $180,000 and more. Not such a hot investment after all.

[Fatman3001]

Surely if you drive around in them you have to pay huge insurance bills each year. Don't those bills add up to a super car's value after 30 years? An 18 year old would be charged as much as a lambo cost to insure it. A thirty year old would pay much less, but still a considerable sum each year, and that's only if he'd never made a claim.

You'd be surprised. Especially when you're into your 30s and beyond. A piece of shit 20 year old Citroen only cost $150 less than a V12 Aston Martin worth 100 times more when I was checking out insurance quotes. No idea why.

If you'd bought one of the current hot sellers in the last 2-3 years you'd no doubt make bank. There've been some insane price rises. If you'd cherished your whatever from new it probably absorbed its purchase price and more in keeping it rolling over the years.

I remember the car bubble of the late 80s. Investment banks were buying cars to stick in vaults believing they were on to a dead cert. Then it turned to dust in a truly stunning fashion. I bought an Alfa SZ around 2000 for about $18,000. In 1989-90 they were being advertised for $180,000 and more. Not such a hot investment after all.

I hope this is a bubble that will burst when I'm swimming in cash. My only problem is that I probably will never sell if I get a hold on my dream cars.

Btw, how was the SZ to drive?

Edit:

As underwhelming as the XJ220 is, I wouldn't go anywhere near that thing .

[Fingers in ears] LALALALALALALA!!!!

[yolalanda]

Few Testarossas stayed with one owner for 30 years. Those who bought it new got what they wanted. Those who bought them dirt cheap 10-15 years ago got a taste of the dreams of their youth. And those who bought them as an investment at half the price they are now, got what they wanted. I've yet to meet an unhappy Testarossa owner.

I've owned a few borderline supercars but would never go overboard into a proper one. They invoke some violent reactions from people. And lower tier cars as an 'investment' rather than the blue chip stuff are a mirage if you own them for long periods. They'll break even maybe but all that maintenance and taxation adds up rapidly.

It's a different matter if you've bought within the last few years maybe but they're only worth what others'll pay. Not the most liquid thing you can ever own. I think a shit ton of people will be burned with the more modest stuff. Old style BMW M3 Evo Sport's go for up to $150,000. I nearly bought one at $10,000 but it was a dog. That doesn't smell sustainable to me.

Surely if you drive around in them you have to pay huge insurance bills each year. Don't those bills add up to a super car's value after 30 years? An 18 year old would be charged as much as a lambo cost to insure it. A thirty year old would pay much less, but still a considerable sum each year, and that's only if he'd never made a claim.

In US, you don't pay more for exotica (if you own the car outright). 'Driving around' in a Lambo (early euro Countach, not mine, worked on it for a friend) is unpleasant and impractical (and i'm a gearhead who owned weirdness like V8 Karmann Ghias). Going through a toll booth? Open the door, because the windows are split & roll down only a few inches. Visibility shit--all you see is the dash (light beige suede) reflecting in the windshield, the rest is blindspots (where cars drive beside you to gawk), cops assume the car is stolen/pull you over to check you out. The rest just assume you're some rich asshole.
Sleepers are where it's at.

[gentlemand]

Btw, how was the SZ to drive?

Hands down the best handling car I've ever driven, apart from a Lancia Integrale that had been destroyed and rebuilt with new panels from the floor upwards, but really not very quick at all. I had a couple but they were both very low mileage so perhaps the engines would've loosened up. These days I get the impression that parts are very hard to come by so it would be a bitch to run one.

Quick cars are out of my system now. They're like really shit relationships. A few moments of joy mixed in with long stretches of utter horror when they go wrong.

[Fatman3001]

Btw, how was the SZ to drive?

Hands down the best handling car I've ever driven, apart from a Lancia Integrale that had been destroyed and rebuilt with new panels from the floor upwards, but really not very quick at all. I had a couple but they were both very low mileage so perhaps the engines would've loosened up. These days I get the impression that parts are very hard to come by so it would be a bitch to run one.

Quick cars are out of my system now. They're like really shit relationships. A few moments of joy mixed in with long stretches of utter horror when they go wrong.

And because they've been standing still for most of the last 25 years something brittle WILL break. And because, as you said, everyone babied them there was never a market for spares. The upside is that if you just want keep babying it it will probably rise in value.

[Blazin8888]

Crypto history being made folks. BTS will change the way the world sees BTC and blockchain tech. Good things to come for BTC price. Digital gold it is.

[LFC_Bitcoin]

Crypto history being made folks. BTS will change the way the world sees BTC and blockchain tech. Good things to come for BTC price. Digital gold it is.

Your optimism/positivity & hope for bitcoin tied to BTS isn't a result of your paid BTS signature is it?

[Fatman3001]

Crypto history being made folks. BTS will change the way the world sees BTC and blockchain tech. Good things to come for BTC price. Digital gold it is.

Your optimism/positivity & hope for bitcoin tied to BTS isn't a result of your paid BTS signature is it?

To be fair, he signed it with "Trust no one.".

[yolalanda]

Is Gemini closed over the weekend, or just zero interest?

[SheHadMANHands]

bbands bout to POP    

 

[Blazin8888]

www.openledger.info is the key to all this.


BTC price movement looks lIke the beast is awakening...

[lemmyK]

Invest money into cars........    laughable  

[Fatman3001]

bbands bout to POP    

 

dafuq?

Cartalk helps, it seems.

Ehhhhhh, Ehhhh, Ehhhhhhh. I want a Murcielago!!

[LFC_Bitcoin]

I have no idea what's going on here but I'm interested 

[fish731]

Is Gemini closed over the weekend, or just zero interest?

Of course it's not closed over the weekends. You can see the level of interest from the trades that occurred during the last 17 hours. The biggest trades were for 3 bitcoins, 2.12 bitcoins, and 4 bitcoins. All the other trades were for amounts below one bitcoin. Trades for 0.02 bitcoins make up the majority of trades. The trade for 0.00 bitcoins must have been for an amount below 0.01 bitcoins.

gemini   0.32   15 minutes ago   246.3
gemini   4.00   15 minutes ago   246.5
gemini   0.07   17 minutes ago   246.0
gemini   0.40   17 minutes ago   246.0
gemini   0.40   17 minutes ago   246.0
gemini   2.12   17 minutes ago   246.3
gemini   0.08   14 hours ago   246.3
gemini   3.00   17 hours ago   246.0
gemini   0.02   17 hours ago   246.0
gemini   0.02   17 hours ago   246.0
gemini   0.91   17 hours ago   246.3
gemini   0.02   17 hours ago   246.0
gemini   0.02   17 hours ago   246.0
gemini   0.02   17 hours ago   246.0
gemini   0.30   17 hours ago   246.0
gemini   0.02   17 hours ago   246.0
gemini   0.02   17 hours ago   246.0
gemini   0.00   17 hours ago   245.8
gemini   0.02   17 hours ago   246.0
gemini   0.02   17 hours ago   246.0