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

[Torque]

Charles Noyes, Quantitative Researcher at Pantera Capital “I make a prediction that by 2020 ethereum’s market cap will be ten times bitcoin’s"

https://www.trustnodes.com/2018/02/17/2020-ethereums-market-cap-will-ten-times-higher-bitcoins-says-panteras-noyes

I make a prediction that it won’t.

I make a prediction that it wouldn't fucking matter if they squeezed the ethereum float to the absolute moon, making it worth a billion dollars. It's still a worthless shitcoin asset with no valid use case, that has yet to find any fkn reason to exist other than enabling the trading of a bunch of other worthless shitcoin assets with no valid reason to exist.

It's like the greatest con in the history of worthless cons. Next to Theranos, of course... lol.

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[gembitz]

Weird world







https://pastebin.com/n0aGBMQr

killer coin clowns from outer space? =)  bwaaa

[explorer]

The two responses we all get when mentioning seasteading is "what about the waves" and..."pirates".

So ya, we're aware.

That floating platform I spent last Sunday on has been there since before 2010 (when that news article about a cyclone hitting Tahiti came out).

That platform is about 1/4 the size of the platforms we will be building (25m x 25m).

Personally I plan on building an underwater bar. So maybe we can head down to the underwater bar, grab a pint and wait for the whole thing to blow over.

What about living costs?

I mean... My (maybe flawed, mind you) logic tells me it would be much more expensive to have the same equivalent "luxuries" we can have on land. Mainly because of logistics expenses and economies of scale. If that is the case, whatever you save on tax you end up spending it anyways (or maybe more).

The underwater bar sounds like an awesome idea.

Better lost spent or just burned than giving it to a government that will waste half, and use the rest to devise ways of getting more out of you next year.

[JayJuanGee]

Alts getting rekt. This will hopefully teach them.  

I might be wrong, but I am still inclined to believe that a lot of alts have a decent chance of coming along for at least one more bitcoin pump period... maybe even act like they are leading the way, once the pump starts?

[Rosewater Foundation]

the only actively managed crypto fund in the lumber colony is 90% in cash

He’s watching Bitcoin’s 30-day moving average for a clear indication of longer-term trends and said the crowd will return quickly as soon as the price perks up.

[xhomerx10]

the only actively managed crypto fund in the lumber colony is 90% in cash

He’s watching Bitcoin’s 30-day moving average for a clear indication of longer-term trends and said the crowd will return quickly as soon as the price perks up.

 Well, one day we'll laugh and cry and cry and laugh about it all again.

edit:
    The poor stay poor, the rich get rich
    That's how it goes
    Everybody knows

[bluebits]

I havent seen any rockets or upward graphs in a while. The poll is bearish. Is it time for a reversal?

Anyone can get lucky once. Next stage:?

[JayJuanGee]

Austria with 8 million population definitely rocks

Do you or anyone else have a link for that?  

Especially when we consider how draconian USA seems to be in terms of some of its financial laws, I would have never speculated that USA was so disproportionately high in the number of ATMs as compared with other places...

And Japan is really low, too?  We continue to hear about how friendly Japan is to Bitcoin/crypto, but why don't dey got no BATMs?

USA, USA, USA...

 

[xhomerx10]

^^https://coinatmradar.com/charts/#growth

[cAPSLOCK]

I was thinking about that the other day. Imagine an alien watching us humans as we travel through space gathering gold.

"Why do they expend so much time and resources to gather that metal? Is it vital to their survival? Do they need it for food or to reproduce?"

"No, they just gather it and hide it away in metal boxes so that other humans don't take it."

Except... If they were a spacefaring race it stands to reason they would realize we had identified it as rare, imperishable and inimitable.

And they would know we were using it to store value.

"Quaint", they might say.

[Hueristic]

Alts getting rekt. This will hopefully teach them. 

Nothing will teach them as long as there are punters.

[Anon136]

I'm not buying it. Asteroid gold mining wont happen. That is the worst argument ever conceived for future abundance of gold.

All you have to do is send an autonomous vehicle out there to subtly nudge an asteroid so that it's new trajectory crashes it into your remote wilderness land. I don't see why people think that's so far fetched.

Aliens would understand bitcoin. Because that's how their money works.

#alientech
#satoshiwasanalien

I don't suspect that capitalism just stops working in an extremely technologically advanced society (even if they have something like a replicator) but I do suspect that it may become dangerous. Anything that is powerful is dangerous. Advanced technology is probably so powerful that it's already extremely dangerous on it's own. Capitalism could be like throwing gasoline on that fire.

The island we are looking at is closer to the equator than Tahiti. But the reason such a storm made such news in 2010 is that they hardly ever get those here.

Do you have a website or a blog or anything about this project? I would like to stay up to date with developments.

[Ibian]

Seasteads are not going to stay autonomous, even if they start out that way. We got a more or less global collapse coming.

[Elwar]

The island we are looking at is closer to the equator than Tahiti. But the reason such a storm made such news in 2010 is that they hardly ever get those here.

Do you have a website or a blog or anything about this project? I would like to stay up to date with developments.

https://www.blue-frontiers.com

They have several video blogs, telegram, Facebook, etc.

[starmman]

Good to see that the price has stayed over the 7300 support levels, 7777 next target?

[fluidjax]

the only actively managed crypto fund in the lumber colony is 90% in cash

Did you notice that the funds total assets are $3m, I had to check to make sure it wasnt a mistake and they meant billion. But its right $3m..lol

[Elwar]

Are we back to weekend pumps yet or no?

[HairyMaclairy]

Bullish that we are tracking resistance rather than support.  The more we track resistance, the weaker it gets.

[HairyMaclairy]

the only actively managed crypto fund in the lumber colony is 90% in cash

Did you notice that the funds total assets are $3m, I had to check to make sure it wasnt a mistake and they meant billion. But its right $3m..lol

That might buy you a house in Vancouver.  But not in Shaughnessy. 

[Rosewater Foundation]

Everybody is all tied up at the moment trying to buy back a slice of living space from throbbing, unfettered global capital run amok. A personal seastead would probably be cheaper.