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

[Phil_S]

At what price will the handle of the cup begin forming?

I guess it depends on the scale and what would you consider "old highs"...

https://www.investopedia.com/terms/c/cupandhandle.asp

As a stock forming this pattern tests old highs, it is likely to incur selling pressure from investors who previously bought at those levels; selling pressure is likely to make price consolidate with a tendency toward a downtrend trend for a period of four days to four weeks, before advancing higher. A cup and handle is considered a bullish continuation pattern and is used to identify buying opportunities.

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[Torque]

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

[El duderino_]

[V1lpu]

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...

 

Source at the bottom of image, it's https://coinatmradar.com. I suspect that number is different in China (can't be 1 ATM in 1,5 billion country) too.

[Gyrsur]

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

Global collapse agreed.

[Phil_S]

Testing $7500 again...

[HairyMaclairy]

Bullish challenge

[Smartassette]

Can someone tl;dr the post of smartassette? Im too lazy to read it.  

tl;dr
taxes are ok because majorities support them so fuck minorities

Seasteading sucks because he doesn't understand that in French Polynesia you don't need A/C nor heat because the temperature fluctuates from about 20C to 27C throughout the year. Plenty of sunshine for solar and plenty of rain, humidity, salt water for fresh water. Also...people already live on these islands.

People all freak out that a floating platform in a lagoon cannot exist because "problems". The people already living on the island may beg to differ with all of the reasons that they can't live there.

As for the unlikely scenario of a floating platform being able to exist in a Tahitian lagoon...this is where I spent my Sunday last weekend:


In a Tahitian lagoon
https://i.imgur.com/2kyZGp6.jpg

Nice thatched raft. Where are all those people shitting?

I wasn’t referring to temperature control you dimwit: without climate control how are you managing against humidity, corrosion and mold? A dehumidifier is the exact same thing as an AC, without separating the compressor. You can’t store clothes or sensitive electronics or books there. How are you preventing salt spray from crystallizing on the solar panels?

I’ve lived for years on the equator, and sure you don’t get so many typhoons but what about the fucking annual monsoons and dry spells?

How much diesel are you using ferrying everything to and fro?

Your own environmental impact statement says it best: there remains significant risk and uncertainty. The only real mitigation you currently have is your puny ass scale of operations.

[Colonel Panic]

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

Thanks for the pic of laughing Len. A much missed poet.

I sang my song,
I told my lies,
To lie between your matchless thighs

[Robin,Hood]

Can someone tl;dr the post of smartassette? Im too lazy to read it.  

tl;dr
taxes are ok because majorities support them so fuck minorities

Seasteading sucks because he doesn't understand that in French Polynesia you don't need A/C nor heat because the temperature fluctuates from about 20C to 27C throughout the year. Plenty of sunshine for solar and plenty of rain, humidity, salt water for fresh water. Also...people already live on these islands.

People all freak out that a floating platform in a lagoon cannot exist because "problems". The people already living on the island may beg to differ with all of the reasons that they can't live there.

As for the unlikely scenario of a floating platform being able to exist in a Tahitian lagoon...this is where I spent my Sunday last weekend:


In a Tahitian lagoon

Nice thatched raft. Where are all those people shitting?

....................

Same place all sailing / fishing vessels, air craft carrier...... do it. How is a fishes excrement any significant different than yours? Can you imagine when a big whale dumps his load. Lets face it the ocean is just a huge septic tank and cemetery combined.

[Acid_Laserz]

i think so too

[bitserve]

So do I

[sirazimuth]

.... Lets face it the ocean is just a huge septic tank and cemetery combined.

Well tbh,I never did enjoy sitting on the beach getting skin cancer and sand up the butt crack,
and now you mention that, I won’t be swimming there either....

[ThePunisher49X]

Seems Ethereum is not in correlation with bitcoin price...


Which is a good thing for both.
Get out of bitcoin's basement and get a job!

[Ibian]

.... Lets face it the ocean is just a huge septic tank and cemetery combined.

Well tbh,I never did enjoy sitting on the beach getting skin cancer and sand up the butt crack,
and now you mention that, I won’t be swimming there either....

Technically speaking, sea water is more natural than the stuff that comes out of our faucets. Yeah life is all icky and stuff.

[Hueristic]

$7,500-$8,000

Hah first one to nail it! what I win.

Well looks like I'm on the radar again, My traffic was routed through Virginia the last few months and now it's going through Raleigh.  A decade and a half ago it was Los Alamos.
Maybe I should start using a VPN, but then that would prove I have something hide other than being a Free American with the right to speak my mind.

[adam1230]

Now it seems the next wall is 7500$ for now. But it will not be hard to destroy.
The hardest wall will be around 10k as a psychologial level.
All will be destroyed one by one.

[Anon136]

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.

Oh, yea, I've seen this before. I just dismissed it because of the shitcoin. If it is a serious project then be careful because the shitcoin makes it look really really sketchy.

[Icygreen]

Good news! The wire transfer I sent at the end of May finally arrived to the recipient today after sooo many emails and an in person visit to my bank.
Due to this kerfuffle, I decided to sign up with an online payment processor recommended by my credit union (paylinebyice) only to find out after funding the account that they wont transfer to bitcoin related accounts.    
While I was at the bank dealing with the stuck transfer I also made a new transfer to bitstamp at the same time.  Sitting with the manager, the irony was strong and I asked him if there was any crypto talk on the inside circles of the bank.  He simply said that they see it coming on the horizon but can't see how or when it will arrive.

Not that anyone cares but that's what I got this fine Thursday.
Go BTC

[Hueristic]

Good news! The wire transfer I sent at the end of May finally arrived to the recipient today after sooo many emails and an in person visit to my bank.
Due to this kerfuffle, I decided to sign up with an online payment processor recommended by my credit union (paylinebyice) only to find out after funding the account that they wont transfer to bitcoin related accounts.    
While I was at the bank dealing with the stuck transfer I also made a new transfer to bitstamp at the same time.  Sitting with the manager, the irony was strong and I asked him if there was any crypto talk on the inside circles of the bank.  He simply said that they see it coming on the horizon but can't see how or when it will arrive.

Not that anyone cares but that's what I got this fine Thursday.
Go BTC

The pricks Owe you for the Gains they cost you, what bad timing to get a stuck transfer (or did you have it locked in?).