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

[realr0ach]

Well, the "technology" for this so-called seasteading has already existed for a long time.  They're called oil rigs.  The cost to build one is pretty high, making this entirely a fantasy that only extremely rich people would do for novelty purposes.  His claim for reasoning to try this was to escape govt I think, so you would need to be way the fuck out in the ocean in international waters and require something as sturdy as an oil rig.

[1713447451]

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[1713447451]

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[Elwar]

Hmm, real estate that is mobile...


That's part of why I'm interested in seasteading. I'm investing the amount in the Blue Frontiers currency what I would pay for a house (the only currency they will accept for seastead real estate). SEC won't let me say the value of that investment will go up but at least I won't have to worry about buying the limited currency down the road.

https://amp.businessinsider.com/images/5aa2bfb37dafe124008b458d-1136-568.jpg

Are you still trolling us with this seasteading thing?  The amount of effort to supply those things with electricity, water, and plumbing will be astronomical.  It's only a rich man's game in other words.  If you're already rich, you could just buy some beachfront property and not have to deal with those issues.  If you're broke, you would just get a regular boat to live on instead.  

So the r0ach cost benefit analysis is:  there is no viable demographic for this seasteading delusion unless it's a rich guy that just wants to do it for novelty purposes.  The state will still have full control over your property due to their claims on those waterways, so it doesn't accomplish anything there.  If you tried to do this out in international waters, like 200 miles out, you would be completely demolished by enormous waves, hurricanes, etc.  Hell, that will happen 1 mile out!

"Are you still trolling us"  WTF

classic


Though I usually don't respond to trolls, this one is easy.

The state will still have full control over your property due to their claims on those waterways, so it doesn't accomplish anything there.

Blue Frontiers is in the process of establishing a Special Economic Zone (SEZ) in a protected lagoon in French Polynesia. A Seazone that will have autonomy economically but still have the military protection of the host nation. French Polynesia being the only nation we can publicly mention that we have an agreement with right now.

The amount of effort to supply those things with electricity, water, and plumbing will be astronomical...If you're broke, you would just get a regular boat to live on instead.

hmm, so a floating platform in the water that does not need an engine to move or need to traverse the open ocean would require an astronomical effort while a boat that someone can live on is ok if you're broke...


Now, this pilot project phase is of course just the first phase. Phase 2 is 12nm out with more sovereignty and Phase 3 is the full 200nm international waters sovereignty. Each phase is required to enhance the engineering required to accomplish the task of having a floating city survive and thrive in their location. Though speculation about what the city will look like in international waters is a bit silly on a web forum before the pilot in a lagoon is even created, I would imagine some sort of energy generating breakwaters enclosing the whole city. But those are the discussions we will be having on the seastead where we learn from living, not on Internet forums.

[realr0ach]

In other news, Zerohedge just discovered today:

"In the year 0000, the Jewish Bankers killed Jesus, "The Son of God", for his "End The FED" radicalism."

[Paashaas]

I thought Brylcreem was so trendy that bitcoin cash based its logo on it.

Compare BCash with the other cheap imitations.

[btcbeliever]

The future's bright.



The future's bitcoin.

Any analysis regarding whether bitcoin is gonna do a long bear market for 1-2 years, or is going to go sideways and/or upwards from here?

[Ibian]

You should never buy a $20k boat which is 20 years old though. That's a death trap.

Ahem. I did that, except it was 40 years old. It is also extremely seaworthy.

[RealMachasm]

The future's bright.



The future's bitcoin.

Any analysis regarding whether bitcoin is gonna do a long bear market for 1-2 years, or is going to go sideways and/or upwards from here?

Is that question really worth asking?
I mean it seams to me that no one has any idea what is going to happen. I am sure a lot of folk here would claim that they do know what is going on but I don't think I have seen any chart that has followed what BTC actually ended up doing.

[JimboToronto]

Good morning Bitcoinland.

Missed a few days but I see that the battle for $9k rages on... currently $8960USD/$11560CAD (Bitcoinaverage).

Seems we'll have to hit 5 digits before we can consider $9k a done deal.
_____

Heading back down to Mexico on Saturday to buy some more land. I hope I don't take the Bitcoin price south with me.

[Anon136]

 I seem to recall reading about some brand new $300k+ Beneteau where the keel just fell off, instantly sinking the boat and killing the guy.

The chances for that to happen again is the same as getting struck by a lightning on a sunny day.

Many people died because of faulty Tesla cars too. Do we say Tesla's are death traps?

You should never buy a $20k boat which is 20 years old though. That's a death trap.

Oh no! why did I unignore roach. daym.

Btw people are not shifting to catamarans. You are pulling from ass again. Monohulls are always the king shit.

We should make a yacht thread. I bet there would be plenty enough people on this forum interested in that.

I love the use of space on the new Najad 395. Enough room for the whole family on a <40 footer. And that Scandinavian quality. Be still my heart. No pictures of the 395 out on the water that I can find since it's so new, so ill just include a random picture of a 450.

[Ibian]

A 15 meter boat is Too Damn Big. If you can't handle it on your own, in a stiff breeze, don't even bother. If a 30 footer is too small for your crew, then better to get two boats instead.

[Anon136]

A 15 meter boat is Too Damn Big. If you can't handle it on your own, in a stiff breeze, don't even bother. If a 30 footer is too small for your crew, then better to get two boats instead.

See that's what I'm talking about. That sounds like a yes vote for a new thread! It seems like there are a surprising number of people here who are interested in yachts/boats.

[suzanne5223]

The future's bright.



The future's bitcoin.

Any analysis regarding whether bitcoin is gonna do a long bear market for 1-2 years, or is going to go sideways and/or upwards from here?

Due to the past historic market data of bitcoin when the market blood occur like how it happened for a couple of weeks it usually reach another ATH for a year and half once the market totally recover before going up and down. But with the halving which will happen in the year 2020. I believe the price will bullish for the next 1-2 years.

[Anon136]

A 15 meter boat is Too Damn Big. If you can't handle it on your own, in a stiff breeze, don't even bother. If a 30 footer is too small for your crew, then better to get two boats instead.

See that's what I'm talking about. That sounds like a yes vote for a new thread! It seems like there are a surprising number of people here who are interested in yachts/boats.

I think a new Yacht/Boat thread should have a spiritual link to it's fork from the WO thread.

Could we call the new thread "Wall Observer BTC/Yachts - Bitcoin price/wave movement tracking & discussion"

"Yacht Observer - Yacht affordability, tracking & discussion"?

[RewFrew]

How Bitcoin Destroys The Economics Of Violence - Trace Mayer

https://www.youtube.com/watch?v=aNPuGIX1xmY

[realr0ach]

Damn, you guys are into boring boats.  I've always liked the Corsair C37 for some reason.  It's a fast trimaran with a stand up shower and decent interior.  Supposedly unsinkable:

http://corsairmarine.com/trimarans/c37-cr/#overview-view



Then stuff like Wharrams are always interesting:



But most people would probably prefer a standard $150k used 40' Catamaran for a liveaboard.

[Anon136]

Damn, you guys are into boring boats.  I've always liked the Corsair C37 for some reason.  It's a fast trimaran with a stand up shower and decent interior.  Supposedly unsinkable:

That doesn't look like something I could afford. I spend my time looking at boats I can afford That's for like racing or something right? I have a family to lug around too.

The cat maybe more practical for me. Ill take a look at all of them though. The Corsair C37 is pretty crazy looking.

*edit* Oh the Lucia is just the 40 foot Fountaine Pajot. Yea I've looked at that one. As with seemingly all the cats the interior looks so chincy. Like its built out of ikea furniture.

[Toxic2040]

Any analysis regarding whether bitcoin is gonna do a long bear market for 1-2 years, or is going to go sideways and/or upwards from here?

It will not be a long Bear market for 1-2 more years. Could we have another "bearish" month or two...yes. Imho, either Bitcoin grows to become a global asset class or something else will replace it that can. By growth I mean reaching and sustaining a value where institutional and sovereign entities have enough self-interest to support it. Once a layer for truly anonymous transactions is developed, tested and deployed for bitcoin, it will go ballistic. I hate to say it as it is so cliche but we are at a critical junction. The balancing act of growing fast enough to retain current users and promote new adoption and not growing so fast as to be perceived as a threat to said entities is a tight-rope walking act of incredible complexity.

My best guess is it will fall somewhere between the orange and yellow lines I have illustrated. Stepping back and looking at longer times frames indicates we are right on the edge of a substantial growth period. My recent frustration with short term price action has made me realize that I am emotionally over invested. Time for a break and to do some sailing. dyor and ymmv. Peace.
   

[realr0ach]

That doesn't look like something I could afford. I spend my time looking at boats I can afford That's for like racing or something right? I have a family to lug around too.

The cat is interesting tho. Ill check it out.

A used 40' catamaran for $120-150k is the best option there.  I'm partial to 40' cats (lagoon 40 in picture) because they have nice back porches you can sit on with a laptop or something, or cook on/drink.  The back porch is kind of essential because no matter how hot it is, you can always sit out there and it won't be too bad, as opposed to being locked inside of a monohull below feeling like you're trapped inside of a ninja turtles lunch box left out in the sun.

[Anon136]

That doesn't look like something I could afford. I spend my time looking at boats I can afford That's for like racing or something right? I have a family to lug around too.

The cat is interesting tho. Ill check it out.

A used 40' catamaran for $120-150k is the best option there.  I'm partial to 40' cats because they have nice back porches you can sit on with a laptop or something or cook on a grill/drink.  The back porch is kind of essential because no matter how hot it is, you can always sit out there and it won't be too bad, as opposed to being locked inside of a monohull below feeling like you're trapped inside of a ninja turtles lunch box left out in the sun.

There are definitely strong arguments to be made for cats. No doubt. Also if you ever take anyone out who has sea sickness they will be so much happier. And all your stuff wont be sloshing around below deck. And you can actually cook without hurting yourself. And they typically move a bit quicker since they have a shallower draft. My only problem is by the time they actually get up to decent quality and out of that "ikea furniture" range they are devastatingly expensive.

But you know I'm just gathering all of this from the best piecemeal research I can accomplish on the internet. I have never had the chance to get out there and look at these things in person. Hoping to be able to do that soon.

[Karartma1]

In a bull day I have not come here to read about pet food.
You guys are nuts.

On a completely different note, a few weeks ago bitcoin was dead but now...
https://www.cnbc.com/video/2018/04/12/bitcoin-could-triple-in-price-by-years-end-says-fundstrats-tom-lee.html

In a bear day I have not come here to read about yachts.

You guys are definitely nuts.
I wonder what will happen next time I am going to enter the WO