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

[vroom]

words

jr. bear has spoken

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[jojo69]

I’m pretty sure the average 75 year old redneck Trump supporter ain’t got no brain but ok.

However the inability of the left to champion the cause of the working class is really disappointing.  How did the right become the champion of the rural working classes. Something went badly wrong there.  

I am sufficiently self - aware to appreciate that the preceding two paragraphs do not sit well together and may provide some insight into the current predicament.  


Further, full credit to the Koch brothers for getting rural working classes to hate people who want to give them free health care, free education and workers rights.  That was truly masterful.  You have to appreciate the audacity and execution.

Perhaps give the deplorables a tiny bit of credit for figuring out that there is nothing "free" about anything provided by the state.

[jbreher]

Further, full credit to the Koch brothers for getting rural working classes to hate people who want to give them free health care, free education and workers rights.  

Their ability to do so is predicated directly upon the reality that those things are not free. Believing that they are free is a delusion -- nay, a mental defect -- harbored mostly in the minds of the left.

[Tash]

Isn't this the same footage where the thing blew up moments later?  

no

Confirmed. footage that still haunts me has shuttle at different angle.

Just such a pity of about the sad ending.

[jojo69]

ffs, is there some kind of rule 34 about conspiracy theories?

[xhomerx10]

Fuck mortgages and fuck debts. I am glad I don't have neither.

If i want something, I just buy it. If I don't have the money then I skip it. What is wrong with people they can't understand a simple concept like this. If you don't have the money why the fuck would you go under a debt??

But here's the thing : the debt slavers' game won't ever change. It hasn't changed in 100 years. It was set up and designed from the beginning to keep the working class moderately poor, but more importantly keep them working as long as possible until death.

Agreed with Torque. People are retards and it is not going to change. There will always be morons who'll take loans from banks to buy a goddamn BMW.

I own a small business and the bank employee in the bank which owns my business bank account despises me. I can see it in his eyes.

-Sir, you don't have any mortgages. No car loans neither, Nothing. In fact you haven't taken a loan since you were born. Would you like some?
+No thanks.
-Alright. *Fuck you dear sir*

Amen.

Albert Einstein once said that compound interest is the 8th wonder of the world. Those who understand it earn it. Those who don't pay it.

You should never borrow to spend money, only to earn it. If you can't afford something, wait until you save up enough to buy it.

All my properties were bought with cash. I don't have a bank account. I do have a credit card but I use it only for things like airline tickets, hotel rooms and  internet purchases. I always pay it off ASAP to avoid ever paying interest, and stock it up with a credit balance before I travel.
____

I always wondered why they're called "credit" cards when they are used to create debt.

Likewise, "debit" cards express an account credit. Go figure.

 Some people can't (or won't) take the advice of the learned; even words from those as brilliant as Albert Einstein.  They need to experience the pain of compound interest first hand.
I personally have experienced the pain of compound interest and managed used the banking system to what I believe to be my advantage.  I make some conservative calcualtions and it seemed that if I had waited to have the money to buy a house, I would likely never have owned one - at least not in Canada or anywhere near well-paying employment.  So I took the advice of an ancient - In the words_anglicized of Ben Hei Hei, "According to the pain is the gain".

 You have a few more years of wisdom that most_all of us.  So, did you take Einstein's advice or did you learn the hard way?

[jbreher]

I will admit that Roger ...

There is a bit of a strange overlap with his supposed concept of wanting decentralization, but wanting to have veto power, too...

OK, I'll bite. What is this 'veto power' of which you speak?

It is a concept that Roger Ver does not want to participate unless he gets his way.  

So to you, withdrawing from participation is 'veto power'. Do you have such 'veto power', JJG? Do you believe the desire to be able to remove yourself from an undesired situation is somehow aberrational?

- and your desire to defend him and craig wright ...

I don't have any desire to defend Roger or CSW. You seem to be conflating these personalities with BCH -- a common small blocker delusion. Sure, I correct stated untruths regarding these folk, but that is defending the truth, not the personalities themselves.

[Torque]

This is why the stock market is completely rigged against the long investor :

http://www.businessinsider.com/helios-and-matheson-sold-millions-of-shares-to-keep-moviepass-afloat-2018-7

They can print new stock shares (dilution) pretty much any time they want, for any reason.

"The numbers are startling. Since August 15, when the company announced its agreement to take a majority stake in MoviePass, Helios & Matheson's share count has increased a staggering 3,429%, from about 7 million shares to nearly 250 million at the end of last month.

Perhaps more incredibly, the company issued most of those shares just in the last two months as it furiously tried to stay ahead of its losses. As of May 11, Helios & Matheson had just 83 million outstanding shares; that number has more than tripled since then."

[hodl_2015]

Fuck mortgages and fuck debts. I am glad I don't have neither.

Mortgages are not that bad in moderation. I paid about half my house cash from savings (this was pre-bitcoin) and a mortgage for the rest. Interest was low since the bank didn't take much risk financing half while getting the whole house as security.
I got the simplest possible type of mortgage, which was also the most flexible. I had to pay off spread over 30 years but am allowed to pay off upto 20% of the original sum per year extra to reduce my interest payments. If I would loose my job or get sick I would get a much smaller social income and could do less extra payments but could still have made my normal payments without breaking a sweat. Interest was fixed for first 7 years, I planned to pay off everything within 10 years without much effort. (Thanks to bitcoin it took even less)

I see the mortgage as an investment since it allows me to buy a house sooner and stop paying rent sooner. Renting is worse than mortgages unless you plan to move around a lot.
I bought a well insulated stone house that has plenty suitable roof area for solar, which is a reasonable investment if I also want to heat the house using an electric heat-pump on short winter days. That would reduce my fixed expenditures to almost nothing.

Debts that do not result in some financial pay-back are generally not good and should be an emergency solution when savings turn out to be insufficient to cover unexpected expenditures. Insurance should be kept to a minimum, only things you can't realistically plan savings for, like the house burning down and medical insurance (which is mandatory but affordable here). Lottery's are voluntary taxes for people who can't do maths.

[jojo69]

ooooooh, free pump signals?    sign me up    


uhhhh, infofront, we need a cleanup on aisle 5

[hodl_2015]

ooooooh, free pump signals?    sign me up    

No need to sign up, this thread is 99% pump signals and it's all free.

[Anon136]

Agreed with Torque. People are retards and it is not going to change. There will always be morons who'll take loans from banks to buy a goddamn BMW.

I own a small business and the bank employee in the bank which owns my business bank account despises me. I can see it in his eyes.

-Sir, you don't have any mortgages. No car loans neither, Nothing. In fact you haven't taken a loan since you were born. Would you like some?
+No thanks.
-Btw, you also don't hold any money in your account. Your networth is nearly zero. Would you like some stocks?
+Nope.
-Alright. *Fuck you dear sir*

You should have seen the little teller girls expression that time I deposited a $180,000 check. I was curious before I did it what the reaction would be. Would it be awe? Would it be unimpressed (maybe she sees it all the time being a bank teller)? Would it be skepticism? Would it be avarice? Would it be appreciation? I'll give you a moment to make your own guess. It may be relevant to add that I am a white man in my late 20s and she was a young black woman probably in her early 20s.

No, none of those, it was just anger. You could tell she was instantly and visibly PISSED. Jaw clenched, mouth tightened, eyes narrowed. No ambiguity in it. It made me feel sorry for what ever man she went home to that night.

I was surprised by that. I don't know why. I don't know what I was expecting. I don't know what I should have been expecting. If you guessed did you guess right?

Also in the interest of you guys not thinking I'm some sort of gangster or something trying to flash my bling, I'll add that the money was simply to buy a home for my family. I don't routinely do crazy things like that. In fact I never have before or since.

[Rosewater Foundation]

I had that kind of money once. Boy did I blow it.

[Torque]

No, none of those, it was just anger. You could tell she was instantly and visibly PISSED. Jaw clenched, mouth tightened, eyes narrowed. No ambiguity in it. It made me feel sorry for what ever man she went home to that night.

I was surprised by that. I don't know why. I don't know what I was expecting. I don't know what I should have been expecting. If you guessed did you guess right?

It was probably jealousy... likely from the fact that you are a young, white male, and that your type gets those kind of breaks in life (her misperception). She probably had you pegged as spoiled and coming from a wealthy family. A trust fund baby.

[sirazimuth]

Isn't this the same footage where the thing blew up moments later? 

funny you mention that, I thought the same bout 2 years ago....lol
(apologies for self quote)

Of to the number of the beast

I hope thats not the Challenger....

[Last of the V8s]

There's a storm brewing off the Carolina coast.

[jojo69]

early days yet

[LFC_Bitcoin]

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Oh fuck off

[Last of the V8s]

you beauty

[xhomerx10]

Isn't this the same footage where the thing blew up moments later?  

no

Confirmed. footage that still haunts me has shuttle at different angle.

Just such a pity of about the sad ending.

The Challenger Disaster. https://en.wikipedia.org/wiki/STS-51-L
, Group Photo
, Commander of Challenger Richard Scobee,  lol classic, CEO of "Cows on Trees", LTD
, Challenger Pilot Michael Smith professor in his second life
, Challenger Payload Specialist Sharon McAuliffe, these days a law professor
, Challenger Mission Specialist Ronald McNair claims his twin brother flew
, Onizuka also claims to be twin brother
, Challenger Mission Specialist Judith Resnik, now a Yale law professor 1
, Challenger Mission Specialist Judith Resnik, now a Yale law professor 2

Identical voice and gestures, young and old Resnik
https://youtu.be/0DYro3HWeZM

When you think oh what a disaster and its just the beginning.

 I see a pattern here...