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Question: What year will we achieve a new ATH?
2019 - 43 (28.7%)
2020 - 59 (39.3%)
2021 - 34 (22.7%)
2022 - 8 (5.3%)
2023 - 1 (0.7%)
Never - 5 (3.3%)
Total Voters: 150

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 21180991 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.)
DaRude
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July 08, 2018, 12:29:51 PM

Ohh finally the supply is coming from longs deleveraging! Finex longs are down by 100mil in 1hr, won't be long now  Cool
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Globb0
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Per securitatem consilio


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July 08, 2018, 12:32:14 PM

Maybe you cant conflate all students into "student"

Some worked hard got good jobs and earned big money. Some assumed they will never repay the debt partied it away and didn't give a shit. and I bet many more variations.

JimboToronto
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You're never too old to be young.


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July 08, 2018, 01:41:02 PM

An early good morning Bitcoinland.

I see we had a nice little leg up late yesterday and it's seeming to hold... currently $6749USD/$8822CAD (Bitcoinaverage).

Hopefully we'll continue with these moderate increases until they develop into a nice run up.

I had one sinus lift and multiple bone graft for only 3 implants and that has taken almost 2 years so just letting you know that 12 months sounds pretty conservative. Of course I was a smoker that caused  multiple failures and issues. I eventually quit smoking and just had my last graft a month or so ago and if this one doesn't take will have to have this last implant removed and start over again. Smiley

It's quite the thing when one guy is holding a foot long chisel in your head while the other is smashing it with a sledge hammer. I would have thought things were a little more mechanized by now. When that sinus bone breaks you can really hear it! Cheesy

My experience was nothing like that at all. They sedated me into what we used to call "twilight sleep" with a mixture of benzos and opioids so I barely remember anything. There was absolutely no pain involved. The insertion of the anesthesiologist's IV needle was probably the worst part. They gave me some opioid pills and antibiotics for the first week but the painkillers were really unnecessary.

I learned how to stop participating in pain years ago. I still feel immediate "feedback" pain that lets me know if something's wrong but I don't do ongoing or chronic pain any more.

I had to sleep almost sitting up for the first week or so, to prevent nosebleeds. I also had to wait that long before I got the stitches out. That was the worst part. I had to puree all my food. I lived on Ensure Plus and blendered real food.

Ever had a taco smoothie? Just throw a half pound of al pastor pork into the blender along with half an avocado, handfuls of chopped onions, tomatoes, cilantro and shredded Manchego cheese and a few still-warm fresh corn masa tortillas straight from the tortillaria. Yum. A drink that tastes like tacos al pastor and feels like tacos in your stomach.
_____

Maybe my recovery was eased by the fact that I quit smoking tobacco over 33 years ago and have strong bones. I read somewhere that the more you stress your bones, the stronger they grow. Having had my arm and leg bones screwed back together several times might have helped. The 7 broken ribs I suffered from the seat belt in a head-on highway crash might have helped too. That was what really taught me to ignore pain.

It may have also helped that I have an extremely healthy high-protein, high-fiber, low-carb diet... lots of rare meats, poultry, seafood, and raw or barely cooked fruits, nuts, vegetables and cheeses. I avoid rice, white bread, peeled potatoes, sweets, etc. Alcohol is my main carbohydrate. I also eat no eggs. Good food builds strong bones.

Maybe it's also a reflection of high-tech Mexican dentistry. Everything is ultra-modern. They don't take x-rays. MRIs are standard.

Some North Americans have a weird image of Mexico, fostered by the media. They have no idea.
bones261
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July 08, 2018, 01:52:07 PM



Isn't this the same footage where the thing blew up moments later?  Cheesy
bitcoinPsycho
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$100,000 BTC in one hour🍄💊


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July 08, 2018, 01:54:59 PM



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


no
mindrust
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July 08, 2018, 01:58:54 PM
Merited by JimboToronto (1), Hueristic (1), BobLawblaw (1), Dunkelheit667 (1)

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.
-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*
bones261
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My hat is in storage. https://ibb.co/YLkPgXb


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July 08, 2018, 02:03:30 PM



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


no

Confirmed. footage that still haunts me has shuttle at different angle.
Hueristic
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Doomed to see the future and unable to prevent it


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July 08, 2018, 02:20:59 PM

As they say, if you're not a liberal at 20, you've got no heart.
If you're not a conservative at 30, you've got no brain.

If your not an Independent by 40 you'll never grow up.


https://www.youtube.com/watch?v=bPXVGQnJm0w

Smells like victory.


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.

What do you mean that my medicare is Obamacare!

JimboToronto
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July 08, 2018, 02:24:58 PM

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.
Globb0
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Per securitatem consilio


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July 08, 2018, 02:27:44 PM

They do keep trying. I get a lot of please take our 0% offer  (1.9% fee is not 0%) idiots.

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July 08, 2018, 02:59:33 PM

1 week max before bears try to make profit again on those people who buy bitcoin in last 2 weeks  ? Many of those (especially new one) will most likely close their position, making bears profit.
This will triger also "i have enought of this shit" from some other long time people, making price reach new bottom.

And then we go into repeat mode again, bears making profit on those who just joined the game.
vroom
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July 08, 2018, 03:01:24 PM
Merited by WhatsBitcoin (1)

words

jr. bear has spoken
jojo69
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no FOMO


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July 08, 2018, 03:14:40 PM

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.
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July 08, 2018, 03:38:04 PM

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.
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July 08, 2018, 04:01:44 PM


Just such a pity of about the sad ending.

The Challenger Disaster. https://en.wikipedia.org/wiki/STS-51-L
http://i.imgur.com/tdjiv11.jpg, Group Photo
http://i.imgur.com/0191wUs.jpg, Commander of Challenger Richard Scobee,  lol classic, CEO of "Cows on Trees", LTD
http://i.imgur.com/Kt42I8a.jpg, Challenger Pilot Michael Smith professor in his second life
http://i.imgur.com/I43f8UM.jpg, Challenger Payload Specialist Sharon McAuliffe, these days a law professor
http://i.imgur.com/yGUpcxl.jpg, Challenger Mission Specialist Ronald McNair claims his twin brother flew
http://i.imgur.com/Sub2lZ4.jpg, Onizuka also claims to be twin brother
http://i.imgur.com/dOaH3eF.jpg, Challenger Mission Specialist Judith Resnik, now a Yale law professor 1
http://i.imgur.com/3jeg6Ly.jpg, 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.
jojo69
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no FOMO


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July 08, 2018, 04:11:20 PM
Merited by bones261 (2)

ffs, is there some kind of rule 34 about conspiracy theories?
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July 08, 2018, 04:15:33 PM

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 wordsanglicized of Ben Hei Hei, "According to the pain is the gain".

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




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July 08, 2018, 04:16:20 PM

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?

Quote
- 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.
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July 08, 2018, 04:26:08 PM

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.

Quote
"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."

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July 08, 2018, 04:32:29 PM
Last edit: July 08, 2018, 04:50:34 PM by hodl_2015
Merited by JayJuanGee (1)

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.



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