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

[Torque]

The empty buildings used as tokens for land speculation might be ok if eventually it will be useful.  However China has demographic problems, the working population is dropping.  
   The country is still developing but this kind of empty growth could end up with them poorer over ten years imo, like alot of the world.  I've heard Chinese debt described as worse then any other  (worthless base worth though land is always worth something).

Did you hear the one guy say that those crumbling hi rises are only 3 years old?? And instead of concrete he chipped away at it with his finger, it was literally stucco covering what looked like cardboard. Like something on a movie set.

Here in the U.S., those buildings would be condemned and demolished for not even coming close to meeting code, and the developers fined and jailed. If Chinese people are moved into them, esp. to capacity, they will eventually collapse and people by the hundreds, perhaps thousands will die.

And then they truly will be "Ghost Cities".

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[jojo69]

And then they truly will be "Ghost Cities".

at least the full resources were not expended on this madness

if what you are building are movie props......


in other news, or not

hey last of the V8s

this is what is going on next door to me...

[Anon136]

The empty buildings used as tokens for land speculation might be ok if eventually it will be useful.  However China has demographic problems, the working population is dropping.  
   The country is still developing but this kind of empty growth could end up with them poorer over ten years imo, like alot of the world.  I've heard Chinese debt described as worse then any other  (worthless base worth though land is always worth something).

Did you hear the one guy say that those crumbling hi rises are only 3 years old?? And instead of concrete he chipped away at it with his finger, it was literally stucco covering what looked like cardboard.

Here in the U.S., those buildings would be condemned and demolished for not even coming close to meeting code, and the developers fined and jailed. If Chinese people are moved into them, esp. to capacity, they will eventually collapse and people by the hundreds, perhaps thousands will die.

And then they truly will be "Ghost Cities".

I'll tell ya. This inspector on the house I've been building (having built for me by professionals) has been a royal pain in the ass. The 20 year old me would have been like "screw the man, let people build houses how ever they want" but I found I have lost much of my libertarian zeal. He may be causing the project to fall behind schedule which is frustrating but I cant help but think, at least no one in this country is using construction techniques like what you are talking about from that video. It makes it hard to hate the crotchety old pain in the ass quite so much.

[HairyMaclairy]

Tell us more Jojo !

[jojo69]

Tell us more Jojo !

I'm not a huge expert.

I know it's a custom casting smallblock bored out to about 450CI.

It ran 10.37 last season naturally aspirated.  The blower is new and untested under load.  He expects to run into compliance issues with tech when he starts running in the 9s.

69, all steel, all glass.  Sexy fucking ride.

[lightfoot]

That moment of realization that the social contract you believed yourself to be a party to was an illusion all along is not an easy one.  Allow me to elaborate by way of an, only very tangentially related, anecdote.

Good one. I had my credit account crossed with someone else in the 80's, one little credit card I got at 18 had me tagged as 25k in welched debt. I couldn't even finish school because I couldn't get credit, and I thought that credit card companies only gave cards to students with jobs.

Yes, I know, that fucking hilarious.

It wasn't till a few years later when I was buying my first Porsche that a bank told me why I was being declined. Back then you had no right to look at your file, and he pointed it out on the screen. A couple of calls and a letter and the 25k mistake was off my file.

And I didn't go a day in my life after that without some sort of fucking card offer. Which I tossed. Yes I had to dump school and live on the street, but I learned how to survive anyway.

Never again. Bitcoin won't fuck me like that.

[HairyMaclairy]

Tell us more Jojo !

I'm not a huge expert.

I know it's a custom casting smallblock bored out to about 450CI.

It ran 10.37 last season naturally aspirated.  The blower is new and untested under load.  He expects to run into compliance issues with tech when he starts running in the 9s.

69, all steel, all glass.  Sexy fucking ride.

An extraordinary weapon in the low 10s.  I have launched a 10 second car and it was more like space ship than a car.  I can’t imagine 9s.

From what I can see looks like it has a solid cage. Critical at those sorts of speeds. Very impressive.  Is he going to run a chute ?

[nanobtc]

A couple of decades ago, I used to have a '68 Chevy 3/4 ton truck with 70k miles. Rust-free, straight and solid. It had a crappy stock 307 V8. That was a bad engine for Chevrolet, it burnt a quart of oil in 500 miles!

I replaced it with a fresh '67 327 with 2.02 intake valves. Solid lifters, doublehump heads, Carter 4bbl, and dome pistons. Aluminum Edelbrock Torker II intake. I had to have the starter rebuilt with more windings for the high compression. It was licensed, and had open headers, it was hot shit on the farm. At the time.

It was geared too low to go fast, but it got there very, very quickly. It had the snap/crackle/pop/rumpity rump idle. The other farmers thought I was weird. Some of the young ones saluted me, for hearing it start a 1/4 mile away, on a cold winter morning.

This was a daily driver for 11 years, not just a weekend fun thing.

[jojo69]

Never again. Bitcoin won't fuck me like that.

right?  holding my own keys from here on out...

[jojo69]

An extraordinary weapon in the low 10s.  I have launched a 10 second car and it was more like space ship than a car.  I can’t imagine 9s.

From what I can see looks like it has a solid cage. Critical at those sorts of speeds. Very impressive.  Is he going to run a chute ?

indeed it is

no chute, or talk of such that I have heard...I shall not breech the subject for fear of "gayness"  (apologies in advance to our, non lame, gay members...this is Trump America...)

@nanobtc   fun stuff, my daily truck is...unconventional...

[kurious]

On the Bitcoinwisdom daily chart, it looks like a bullish MA crossover is in place - can anyone with any expertise confirm.  

I am far from an expert, and it feels too early to be optimistic, but I will take any optimistic gloss anyone with the right tint on their spectacles can see.

I'm not an expert either, but the 200ma is still far from the 50ma.
A gold cross is a bullish signal in the frames of larger times.
https://www.investopedia.com/terms/g/goldencross.asp

Fair enough it was (I guess) hopium induced short term nonsense.   I guess I am looking for something that I know in my gut is not anywhere near here yet.  

Thanks for responding.  Will set my MA / EMA to a longer frame.

[Cassius]

'Golden cross' is typically taken as a very significant indicator of long-term trend and is daily 200/50 MA. We're still a long way from that.
On the 4h, a cross of the 200/50 is imminent, which is a bullish signal for the shorter term.
It's a lagging indicator, and I expect it would take another 2-4 months to see a golden cross even if the markets have turned around.

[HairyMaclairy]

Here if you run a pass over 130mph you need a chute.  A 9.5 second pass should be around 140mph.  I don’t have enough power to come close to 130 mph so a moot point.  I can understand however how safety regulation  might be regarded as rampant socialist perversion.


@nanobtc sounds marvelous.

[Tyr808]

Will bitcoin fix the decline in white male sperm count?
https://www.scientificamerican.com/article/sperm-count-dropping-in-western-world/

[LFC_Bitcoin]

Will bitcoin fix the decline in white male sperm count?
https://www.scientificamerican.com/article/sperm-count-dropping-in-western-world/

Probably due to political correctness & acceptance of ‘additional genders’ etc.
I was born in the wrong era man.

[fabiorem]

Price dont go up, price dont go down. Market sidelined for weeks. Small volatility.

Was the honey badger finally tamed?

[xhomerx10]

Will bitcoin fix the decline in white male sperm count?
https://www.scientificamerican.com/article/sperm-count-dropping-in-western-world/

 Obviously western men are hodlers not just in Bitcoin but all aspects of life.

edit: Or it might be the soya bean...

[ivomm]

Price dont go up, price dont go down. Market sidelined for weeks. Small volatility.

Was the honey badger finally tamed?

No way!

[gentlemand]

I replaced it with a fresh '67 327 with 2.02 intake valves. Solid lifters, doublehump heads, Carter 4bbl, and dome pistons. Aluminum Edelbrock Torker II intake. I had to have the starter rebuilt with more windings for the high compression. It was licensed, and had open headers, it was hot shit on the farm. At the time.

That paragraph is so fucking butch my testosterone levels tripled just reading it.

[xhomerx10]

I replaced it with a fresh '67 327 with 2.02 intake valves. Solid lifters, doublehump heads, Carter 4bbl, and dome pistons. Aluminum Edelbrock Torker II intake. I had to have the starter rebuilt with more windings for the high compression. It was licensed, and had open headers, it was hot shit on the farm. At the time.

That paragraph is so fucking butch my testosterone levels tripled just reading it.

 Yeah me too.. and it also just tripled my insurance premiums.