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Question: What year will we achieve a new ATH?
2019 - 35 (27.8%)
2020 - 51 (40.5%)
2021 - 30 (23.8%)
2022 - 5 (4%)
2023 - 1 (0.8%)
Never - 4 (3.2%)
Total Voters: 126

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 21174660 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. (24 posts by 13 users deleted.)
greensheep
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May 01, 2018, 12:36:24 PM

Happy May Day!!!



Workers Of The World Unite!

Happy May Day.

Today I lit a candle in front of my Karl Marx statue and repeated the planks of the Communist Manifesto...again.

So many socialist holidays...so few candles...


Too many red candles on red socialist day
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Raja_MBZ
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Be safe, Elwar & Nadia!


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May 01, 2018, 12:37:08 PM

Your real-estate discussion is ruining bitcoin. Stop it! Roll Eyes This is a wall-observer thread, not a walls-creating-a-home thread!
Torque
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May 01, 2018, 12:38:28 PM

Your real-estate discussion is ruining bitcoin. Stop it! Roll Eyes This is a wall-observer thread, not a walls-creating-a-home thread!

Didn't you get the memo? Bitcoin is boring as shit right now.
UnDerDoG81
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May 01, 2018, 12:45:11 PM

Somebody is having fun dumping his coins. He will regret  Wink
bitserve
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HODL.


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May 01, 2018, 01:08:42 PM
Last edit: May 01, 2018, 01:42:43 PM by bitserve
Merited by Raja_MBZ (1)

Your real-estate discussion is ruining bitcoin. Stop it! Roll Eyes This is a wall-observer thread, not a walls-creating-a-home thread!

Dude, real estate is totally appropiate as Bitcoin discussion.

What do you want to use your amazing profits for in the future?

A lambo? *THAT* is a totally NON-asset.

*THIS* is what I want to be able to build for my retirement when the time comes (I already own the land in the perfect location... but won't start developing until I am fully covered for life):



Or this, with a more modest budget:

Torque
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May 01, 2018, 01:16:36 PM

The MSM is a contrarian indicator, only ever bullish when the price is going to drop.

So I feel like all the pro-Bitcoin news I've read over the last week or so tells me another dump is coming.

I'm guessing we'll retest the $8K level again soonTM.
gentlemand
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May 01, 2018, 01:29:57 PM
Merited by jbreher (1)

Dude, real estate is totally appropiate as Bitcoin discussion.

I would only consider it as a place for myself to live in. As any type of investment it's way too much ball ache. You have to install tenants who grow pot, defecate in the gutters, spurt semen all over the windows, ovulate in the hot water tank, leave their hymen and placentas to rot in the air vents.

Fuck that.

If I had to do something with property I'd get a bunch of paddocks. There's no shortage of stupid people where I'm at who'll pay sometimes 50% or more of a house rental for a field to park their horse in. And you can't eat a human tenant if they don't cough up.
Toxic2040
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May 01, 2018, 01:52:25 PM
Merited by Karartma1 (1), infofront (1)

https://twitter.com/stlouisfed/status/990689717384613894

https://research.stlouisfed.org/publications/review/2018/02/13/the-case-for-central-bank-electronic-money-and-the-non-case-for-central-bank-cryptocurrencies?&utm_source=Twitter&utm_medium=SM&utm_term=other&utm_content=pub&utm_campaign=3599

Quote
Conclusion

The distinguishing characteristic of cryptocurrencies is the decentralized nature of transaction handling, which enables users to remain anonymous and allows for permissionless access. These key characteristics are a red flag for central banks, and we predict that no reputable central bank would issue a decentralized virtual currency where users can remain anonymous. The reputational risk would simply be too high. Rather, central banks could issue central bank electronic money. This money would be tightly controlled by them, and users would be subject to standard KYC ("know your customer") and AML ("anti-money laundering") procedures.

Some central banks supposedly are evaluating the issuance of a central bank cryptocurrency. However, a closer look at these projects reveals that these are not cryptocurrencies according to our definition in Figure 1. The projects usually are highly centralized.

In general, we don't think that a central bank should be in the business to satisfy the demand for anonymous payments. We believe that such a demand can and will be perfectly satisfied by the private sector, in particular through cryptocurrencies. History and current political reality show that, on the one hand, governments can be bad actors and, on the other hand, some citizens can be bad actors. The former justifies an anonymous currency to protect citizens from bad governments, while the later calls for transparency of all payments. The reality is in between, and for that reason we welcome anonymous cryptocurrencies but also disagree with the view that the government should provide one.



Its the last paragraph that really caught my attention.

jojo69
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May 01, 2018, 01:52:57 PM

... you can't eat a human tenant if they don't cough up.

of course you can

please, this dystopia is no place to be squeamish
bitserve
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HODL.


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May 01, 2018, 02:03:44 PM

Dude, real estate is totally appropiate as Bitcoin discussion.

I would only consider it as a place for myself to live in. As any type of investment it's way too much ball ache. You have to install tenants who grow pot, defecate in the gutters, spurt semen all over the windows, ovulate in the hot water tank, leave their hymen and placentas to rot in the air vents.

Fuck that.

If I had to do something with property I'd get a bunch of paddocks. There's no shortage of stupid people where I'm at who'll pay sometimes 50% or more of a house rental for a field to park their horse in. And you can't eat a human tenant if they don't cough up.

Well, of course house/flat rentings are more work than land/fields/paddocks but... I don't know why you think you need to resort to that sort of tenants... I would never rent anything to anyone that doesn't have enough collateral (contractually covered by himself, his parents, or whomever that has enough collateral to fully cover any potential debt/damage to the property + interests + legal costs + moral damages).

Anyway, as with any other type of investments I wouldn't suggest anyone who doesn't really know the market and its specifics to blindly invest on it. Buying a HOME instead of renting is another completely different thing that would probably apply to many more people.
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May 01, 2018, 02:13:03 PM

Your real-estate discussion is ruining bitcoin. Stop it! Roll Eyes This is a wall-observer thread, not a walls-creating-a-home thread!

Dude, real estate is totally appropiate as Bitcoin discussion.

What do you want to use your amazing profits for in the future?

A lambo? *THAT* is a totally NON-asset.

*THIS* is what I want to be able to build for my retirement when the time comes (I already own the land in the perfect location... but won't start developing until I am fully covered for life):



Or this, with a more modest budget:



What did I just tell y'all?

Didn't I just say, you gotta be mobile and shiet?

Here is a decent home for a bitcoin hodler:









bitcoinPsycho
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$100,000 BTC in one hour🍄💊


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May 01, 2018, 02:21:38 PM

my future house paid for with btc




when iron man is finnished with it
mindrust
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May 01, 2018, 02:24:33 PM

my future house paid for with btc




when iron man is finnished with it

Can this house fly? Can it defend itself against mass immigrant zombie invasion? You gotta be mobile maan fookin mobile. Get either wheels or get it on the water but make sure it doesn't have any roots below the ground.
bitcoinPsycho
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$100,000 BTC in one hour🍄💊


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May 01, 2018, 02:29:33 PM
Merited by vapourminer (1)

like this?

mindrust
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May 01, 2018, 02:30:12 PM

like this?



I would prefer this to what you posted before tbh.
Toxic2040
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May 01, 2018, 02:32:44 PM

A trailing indicator is about to cross over. Looks like we will test support levels again. dyor. Hard to recommend buying the dip when it keeps dipping. Hopefully a clear bottom will present itself in the next couple of weeks.
vapourminer
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what is this "brake pedal" you speak of?


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May 01, 2018, 02:34:31 PM
Last edit: May 01, 2018, 02:51:29 PM by vapourminer

Of course there is absolutely no investment that is 100% risk free, but real estate is "safe enough".

Real estate as an investment is ok if:

[...]

3. It has some appreciation



or potential appreciation? like, buying that landfill where the guy tossed out his hard drive with a fortune of btc?
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May 01, 2018, 02:35:21 PM

Your real-estate discussion is ruining bitcoin. Stop it! Roll Eyes This is a wall-observer thread, not a walls-creating-a-home thread!

Dude, real estate is totally appropiate as Bitcoin discussion.

What do you want to use your amazing profits for in the future?

A lambo? *THAT* is a totally NON-asset.

*THIS* is what I want to be able to build for my retirement when the time comes (I already own the land in the perfect location... but won't start developing until I am fully covered for life):



Or this, with a more modest budget:



What did I just tell y'all?

Didn't I just say, you gotta be mobile and shiet?

Here is a decent home for a bitcoin hodler:











I thought wood paneling went out of vogue with bell bottoms and Brylcreem...
Oh wait a minute, its horizontal grain...nm..
bitserve
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HODL.


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May 01, 2018, 02:36:32 PM

like this?



I would prefer this to what you posted before tbh.

It's you who need to be mobile not your fucking real estate that you can leave behind every time!

And how much is that boat you posted? Several million dollars? You can instead have a handful of "modest" properties spread around the world for that much. *THAT* would be mobility.

No, really, how much is that boat? (not even considering fuel, maintenance, staff, etc...)
jojo69
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May 01, 2018, 02:37:42 PM

While I do understand I have to respectfully disagree.

You folks that think that you will be able to "mobile" around the coming disruptions are delusional.

Rural acreage in inaccessible, low population areas.  Focus on water and energy.  Reduce technological dependence.
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