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

[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

[Wekkel]

Next bull run, people talk about what helicopter on their yacht’s flight deck.

[Anon136]

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

Next bull run, people talk about what helicopter on their yacht’s flight deck.

Maybe it's just the sort of talk that we need in order to help get out of this bear rut?

That was great though. Lols were had.

[Ivor Biggun]

Next bull run, people talk about what helicopter on their yacht’s flight deck.

And during the one after that people will talk about booking their first space rocket ship tourist flight.

[vapourminer]

Next bull run, people talk about what helicopter on their yacht’s flight deck.

And the one after that people will talk about booking their first space rocket ship tourist flight.

stop thinking small.

owning planets are where its at. i want Saturn. lots of moons to build on. plus, you know, the rings are sooo cool.

[AlexGR]

Next bull run, people talk about what helicopter on their yacht’s flight deck.

And the one after that people will talk about booking their first space rocket ship tourist flight.

stop thinking small.

owning planets are where its at. i want Saturn. lots of moons to build on. plus, you know, the rings are sooo cool.

That's not thinking big. Planetary inflation is too high. There are zillions of planets in the universe and just 17mn bitcoins....  

[Dunkelheit667]

...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.

Well, last month was not that bad. And the near-term future looks fine, if history repeats. Enjoy your break!

[alevlaslo]

[mindrust]

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.

Was it wood or fiber?

Wood can be fixed easily. Fiberglass can get fixed too but harder. A 40 year old fiber boat can be extremely dangerous because of osmosis unless it was maintained well during all those years. If the owner checked the levels of osmosis constantly and took precautions, yes, it can survive without any damage. The stuff on the boat will be old too. Sailing clothes, metal pieces, ropes... They all fall apart in time even if you don't use them because of fckn salty air. You'll need to replace them eventually. I'd prefer to get them all new without taking any risks. But that's just me.

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.

Once you get into boating, everybody knows, it is never big enough. You'll always need a bigger boat.

[alevlaslo]

Other coins to BTC: https://bitcointalk.org/index.php?topic=2962774.msg35890700#msg35890700

[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.

Once you get into boating, everybody knows, it is never big enough. You'll always need a bigger boat.

No. This is totally false. Once the boats get to a certain size I would definitely stop thinking about bigger boats and start thinking about spacecraft.

[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.

Was it wood or fiber?

Wood can be fixed easily. Fiberglass can get fixed too but harder. A 40 year old fiber boat can be extremely dangerous because of osmosis unless it was maintained well during all those years. If the owner checked the levels of osmosis constantly and took precautions, yes, it can survive without any damage. The stuff on the boat will be old too. Sailing clothes, metal pieces, ropes... They all fall apart in time even if you don't use them because of fckn salty air. You'll need to replace them eventually. I'd prefer to get them all new without taking any risks. But that's just me.

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.

Once you get into boating, everybody knows, it is never big enough. You'll always need a bigger boat.

Do you even sail bro? Ropes, equipment... clothes of all the fucking things...? Stuff gets replaced and fixed over time.

Quote the second, what you want is the smallest boat you can tolerate. This is newbie sailing 100.5.

[mindrust]

Do you even sail bro? Ropes, equipment... clothes of all the fucking things...? Stuff gets replaced and fixed over time.

Quote the second, what you want is the smallest boat you can tolerate. This is newbie sailing 100.5.

My point is when you buy a used boat,, not just the boat will be used but every thing you mentioned on (and in) it will also be. If you are going to replace these stuff soon, why not get all new in the first place?

Instead of buying an old boat and making it to look like new, just buy the new one.

[bitcoinPsycho]

Do you even sail bro? Ropes, equipment... clothes of all the fucking things...? Stuff gets replaced and fixed over time.

Quote the second, what you want is the smallest boat you can tolerate. This is newbie sailing 100.5.

My point is when you buy a used boat,, not just the boat will be used but every thing you mentioned on it will also be. If you are going to replace these stuff soon, why not get all new in the first place?

Instead of buying an old boat and making it to look like new, just buy the new one.

and make it look old

[Ibian]

Do you even sail bro? Ropes, equipment... clothes of all the fucking things...? Stuff gets replaced and fixed over time.

Quote the second, what you want is the smallest boat you can tolerate. This is newbie sailing 100.5.

My point is when you buy a used boat,, not just the boat will be used but every thing you mentioned on the will also be. If you are going to replace these stuff soon, why not get all new in the first place?

Instead of buying an old boat and making it to look like new, just buy the new one.

This is why you LOOK AT THE FUCKING BOAT BEFORE YOU BUY IT. You decide if it is worth the price or not.

Also new boats cost ten times as much. It's like a car, the second you turn it on its value gets cut in half.

[ssmc2]

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.
   

Does anyone know what the current status of Confidential Transactions is?