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

[Searing]

In other events, it looks like we may get to see how well bitcoin weathers a proper bear market in equities, for the first time.

What is your point?

Is the stock market and PMs expected to go down in the coming weeks/months?

Are you referring to any other assets, or currencies?

You are contemplating whether BTC is going to be correlated or not?  And, BTC along side with the performance of other cryptos?

Maybe in the short term all assets and currencies go down together?

It's looking more and more like the stock market is tanking. Today steered me onto the bearish side.

And yes, I'm curious how correlated bitcoin and the other markets may be.

Depends if folk are trading or buying and or buying and/or hodl'ing BTC with discretionary money or if they are treating it like GOLD as a hedge against bad times...

If it is just being held up by surplus cash, we are gonna be in a world of hurt, IF the stock market goes south, IMHO.

Not saying either is so.

We will see Chump or Champ I guess

brad

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[jojo69]

I smell a debart

[yefi]

It's looking more and more like the stock market is tanking. Today steered me onto the bearish side.

Bring it on. Chapter two of the financial crisis has been a long time brewing.

[eddie13]

Things are flat... Too flat..

[Hueristic]

or a FEW weeks if shit goes NUTS

Certainly possible,this is Bitcoin after all, few things would truly surprise me, but I am actually hoping for a longer slump as I believe that the longer this goes the more explosive the next blow off will be.

As much as I would love to be rich(er) tomorrow, I would rather be rich(er)er er er in a couple years.

Sideways works for me as well, need M0ar.

Oh God, 15 nautical miles? That's pretty far....

Anyway, what's with the rules against Jet skis? What's the exact wording and reason? Would something like this be allowed?

HAH! I knew it wasn't nano-meters!

Way off topic but maybe Ibian or any other boat owners will know the answer...

What about setting up a ferry schedule with all the inhabitants?

Sweet! More Psychedelics.


Finally caught up! Bed time, nite.

[elrippos friend]

Boring in here 

[kirreev070]

[Icygreen]

Boring in here 

Pssst... hey kid, you bored? We got some high quality head gear lately.

Er... what is your avatar anyway?  Makes me think of ET's.

[HairyMaclairy]

Standing on a jet ski, the horizon is 2.5 nm away.  

So 15 nm is 6x over the horizon.  You will want to be able to navigate in fog / dark / squall on both inbound and outbound.

Also you will need to be able navigate coral channels in fog / dark.

[elrippos friend]

Boring in here 

Pssst... hey kid, you bored? We got some high quality head gear lately.

Er... what is your avatar anyway?  Makes me think of ET's.

No, i don't want this shitty cap, leave me alone 

[DaRude]

Standing on a jet ski, the horizon is 2.5 nm away.  

So 15 nm is 6x over the horizon.  You will want to be able to navigate in fog / dark / squall on both inbound and outbound.

Also you will need to be able navigate coral channels in fog / dark.

So why some places don't allow jet skis?

[realr0ach]

That's far enough that I'd get a twin engine boat. You don't want a dead engine midway through the trip, has happened to be four times now and it's a complete bitch even in a safe place with plenty of power and drinking water. And storms happen so get something big enough to handle that. Maybe get a closed cockpit too in case of rain. If nothing else for potential guests.

I was about to type that because he'd probably get himself killed at some point without a backup engine.  I guess you could always just throw the EPIRB in the water...if it has one...and if the local 3rd world govt feels like coming to get you.  Then there's the fact that if you live in some 3rd world seastead area, the engines and all the other shit on the boat and even the boat itself is probably gonna get stolen.  Spotting a random goyim with a brand new outboard motor is like a gift from god to these impoverished island people.

15nm out you'll need something that is designed for coastal/ocean-going conditions

https://gemini-marine.com/newsite/wp-content/uploads/2016/01/David-0087.jpg

Lol.  And good job Marcus linking a boat that's more 10x more expensive than the actual "seastead" itself.

[HairyMaclairy]

Standing on a jet ski, the horizon is 2.5 nm away.  

So 15 nm is 6x over the horizon.  You will want to be able to navigate in fog / dark / squall on both inbound and outbound.

Also you will need to be able navigate coral channels in fog / dark.

So why some places don't allow jet skis?

Generally noise and dangerous rider behavior.

Once you are out of sight of land, you really need blue water capability imho.   A sea stead is just one tiny dot in an endless blue.  Take the advice of your builder. 

[realr0ach]

Jordan Peterson, the world's best caricature of an empty, soulless zombie, who at any given time looks like he's about to utter the phrase "life sucks", has been given orders by his Jewish handlers to become upset at the goyim noticing:

https://dailystormer.name/jordan-peterson-demands-the-goyim-stop-noticing/

Peterson has stumbled onto the world's greatest test:  what to do after discovering nihilism.  Then spectacularly failed it becauase the answer is obviously not 'worship the fucking jews'.

[Yaplatu]

[marcus_of_augustus]

ummm, bit lost around here, has anyone seen my seastead??

[Last of the V8s]

Not bad for 3,100 ETH

[marcus_of_augustus]

UK State goes down the rabbit hole of guilty until proven innocent and asymmetric justice ...

https://www.zerohedge.com/news/2018-10-28/uk-begins-confiscating-wealth-without-criminal-charges

the great nation state unravelling gains pace

[jonoiv]

Standing on a jet ski, the horizon is 2.5 nm away.  

So 15 nm is 6x over the horizon.  You will want to be able to navigate in fog / dark / squall on both inbound and outbound.

Also you will need to be able navigate coral channels in fog / dark.

So why some places don't allow jet skis?

Generally noise and dangerous rider behavior.

Once you are out of sight of land, you really need blue water capability imho.   A sea stead is just one tiny dot in an endless blue.  Take the advice of your builder. 

SMOKERS !!!

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

[ivomm]

This is my meme, while waiting for the CFTC approval