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

[scum]

Luxembourg will also invest in research and development for technologies needed to identify, extract, and process minerals, water, and other valuable space-based commodities.

Stop quoting fake news.  They aren't mining jack shit in space for a loooong time if ever because the cost of production would be enormous.  Your quote doesn't even pass an elementary common sense test when they talk about "mining water" in space.  We are not hard up enough for water where we need to spend $100,000 per gallon to mine it in space.  

Even if some company like this is actually created, it's just like one of those shale oil companies they have people can invest in but will never ever turn a profit.  Even if gold was revalued to $20,000 and silver to $1000 tomorrow, it would probably still not be doable or profitable.  They would also mine somewhere like the ocean floor or Antarctica long before doing something like this.

CNBC suggests Luxembourg is extending its tax haven status to potential space mining companies. It's creating favorable laws for them and making it easy to set them up there.

https://www.cnbc.com/2018/04/16/luxembourg-vies-to-become-the-silicon-valley-of-asteroid-mining.html

UC Berkeley assistant professor of economics Gabriel Zucman... said Luxembourg's strategy of creating laws and making room for asteroid mining companies "is what being an offshore financial center means. It's not diversification. It's just extending the logic of being a tax haven to a new area."

In other words, Luxembourg isn't necessarily jumping into modern technology with its support of space mining — it's just pushing into a new industry to extend the laws of a terrestrial tax haven, safeguarded by a sovereign nation, to the land of E.T.

[1714093908]

1714093908

[1714093908]

1714093908

[JimboToronto]

Good morning Bitcoinland.

I see we continued yesterday's rally all the way past $9k before having a nice little profit-taking/correction. Now we're on the rise again... currently $8835USD/$11284CAD (Bitcoinaverage).

Has the usual spring rally really started this time?

[Torque]

So at this point, it seems like a retest below the $6500 level would be extremely difficult to pull off. You can see that this is price point where the whales first came in hot and heavy pumping the market back in Nov.

I believe we go sideways from here for a while.

[jojo69]

sideways with some volatility is fine with me

the J&J increment setups I have been running in BTC:LTC and BTC:ETH have been working pretty well lately

[infofront]

I love Bitcoin, every time I sell some the price shoots up a few weeks later

Thanks for taking one for the team....  

Karhu was pleased with his sacrifice.

[gembitz]

Good morning Bitcoinland.

I see we continued yesterday's rally all the way past $9k before having a nice little profit-taking/correction. Now we're on the rise again... currently $8835USD/$11284CAD (Bitcoinaverage).

Has the usual spring rally really started this time?

up UP ===> AND AWAYYYYYY     ~10k closeeeeee<<weeeee

[Toxic2040]

My post about the forthcoming space "gold" rush is not indicative of a bias against precious metals. I think they will always have some value..especially unique coins or artwork. However..I think within a couple of decades it will be as valuable as dirt is planet side. Dirt itself will be more valuable to space based operations than pm's in the future due to the relatively high cost of moving mass up and down the gravity well. Just a random thought.

----------------------------------------------

Thank you to the gif wizard..you know who you are.


Bitcoin

Consolidation feels good. We are close to the local bottom imho. I was guesstimating $8.6k as a focal point but support is building in the $8.75k range however. I expect more weekend pump action as the evening progresses.



Mid to long term I am waiting to see if we acquire this fork. Support and resistance bands are clearly delineated for your viewing pleasure. #dyor

[Rosewater Foundation]

I don't get it.

[infofront]

I don't get it.

Such cryptic

[Last of the V8s]

I don't get it.

If you don't believe me or don't get it, I don't have time to try to convince you, sorry.

[Rosewater Foundation]

Must be something to do with Karhu. I think I missed a meme somewhere?

[bitserve]

I don't get it.

Such cryptic

I love the hi-tech counterweight system. Is that what they call a blockchain?

[Rosewater Foundation]

It's in Japan. At least there are no forks.


 

[Last of the V8s]

I did look but TIL there is not a single funny chopstick joke in the known world. Fact.

Chopcoin is so fun and amazingly addictive....  Despite of losing mostly, i enjoy the game.

[scum]

It's in Japan. At least there are no forks.


 

There are chorks (chopstick forks) though.






And there are also fork chops (chopsticks with a fork).

[Robin,Hood]

No follow through those Bulls, weak as

[bitserve]

It's in Japan. At least there are no forks.


 

There are chorks (chopstick forks) though.






And there are also fork chops (chopsticks with a fork).

Ok.... can we at least agree that there is no spoon?

[Last of the V8s]

meanwhile in other pantsuit on pantsuit non-news, coinbase banned wikileaks.

[El duderino_]

My post about the forthcoming space "gold" rush is not indicative of a bias against precious metals. I think they will always have some value..especially unique coins or artwork. However..I think within a couple of decades it will be as valuable as dirt is planet side. Dirt itself will be more valuable to space based operations than pm's in the future due to the relatively high cost of moving mass up and down the gravity well. Just a random thought.

----------------------------------------------

Thank you to the gif wizard..you know who you are.


Bitcoin

Consolidation feels good. We are close to the local bottom imho. I was guesstimating $8.6k as a focal point but support is building in the $8.75k range however. I expect more weekend pump action as the evening progresses.



Mid to long term I am waiting to see if we acquire this fork. Support and resistance bands are clearly delineated for your viewing pleasure. #dyor

And my last Smerit saved for This saturday evening go’s to you.... Just allways the effort of trying to make Nice TA.... even When i , myself not really look and understand TA .... i see you make green go’s up and Thats good enough for me .... cheers and my english is never written good So excuse me When drunk iT Will be Total F*****up   go bitcoin enjoy saturday’s

[jojo69]

opposing forks like a Chinese restuarant